Poona Fine Chem Private Limited

Poona Fine Chem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24112MH2003PTC142576 Incorporated 08 October 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹4.6 Cr
▼ 98% YoY
Net profit · FY 2024
₹25.82 Lakh
Net margin 5.6%
EBITDA · FY 2024
₹84.54 Lakh
EBITDA margin 18.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.7 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings

About Poona Fine Chem Private Limited

Data last updated:

Poona Fine Chem Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sanghvi Organics Pvt Ltd. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 08 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24112MH2003PTC142576. Its GSTIN is 27AADCP0727F1ZO (Maharashtra).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Bhavna Jignesh Shah and Malay Jignesh Shah.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 24 – D Bhangwadiground Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.6 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹25.82 Lakh (net margin 5.6%) and EBITDA of ₹84.54 Lakh (EBITDA margin 18.4%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 35% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹1.7 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Poona Fine Chem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0021285). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sovikagroup.com.

Company details

CIN U24112MH2003PTC142576
Registration Number 142576
Incorporation Date 08 October 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sanghvi Organics Pvt Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0021285
Key People
Bhavna Jignesh Shah Director Malay Jignesh Shah Director Jignesh Arvind Shah Director

Recognitions & Rankings of Poona Fine Chem

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0021285

Contact details

Poona Fine Chem Private Limited's registered office is in Mumbai, Maharashtra. Its website is sovikagroup.com. Its e-mail address is in the company report.

  • Email
  • Website
    sovikagroup.com
  • Registered Address
    24 – D Bhangwadiground Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Poona Fine Chem Private Limited, buy the company report.

Comprehensive company report
Poona Fine Chem Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Poona Fine Chem is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Poona Fine Chem Private Limited, buy the company report.

Financials of Poona Fine Chem Private Limited

FY 2024 filings available

Poona Fine Chem Private Limited reported revenue of ₹4.6 Cr (down 98% YoY) for FY 2024.

Revenue · FY 2024
₹4.6 Cr ▼ 98%
Net profit · FY 2024
₹25.82 Lakh margin 5.6%
EBITDA · FY 2024
₹84.54 Lakh margin 18.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 53%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 55%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 98% fall in the latest year. EBITDA fell 96% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹84.54 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.82 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin18.4%
Net Profit Margin5.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Poona Fine Chem Private Limited, buy the company report.

Board of directors of Poona Fine Chem Private Limited

Poona Fine Chem has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhavna Jignesh Shah
Also directs: Sanghvi Organics Pvt Ltd
Director04 Jan 200521 Years 10 MonthsCurrent
Malay Jignesh Shah
Also directs: Sanghvi Organics Pvt Ltd
Director22 Aug 20242 Years 2 MonthsCurrent
Jignesh Arvind Shah
Also directs: Sanghvi Organics Pvt Ltd
Director01 Dec 200322 Years 11 MonthsCurrent
View all directors

Auditor

Poona Fine Chem Private Limited is audited by P C Ghadiali and Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P C Ghadiali and Co LLPFY 2023103132W/W-100037

Shareholding

The shareholding of Poona Fine Chem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Poona Fine Chem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Union Bank of India₹1.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jan 200810085251Union Bank of India₹1 CrOpen
23 Jan 200810085253Union Bank of India₹70 LakhOpen

To see the full charge records of Poona Fine Chem Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Poona Fine Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Poona Fine Chem has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Premier Hydro Carbons Private LimitedU24100MH2009PTC190100

To see the full group structure of Poona Fine Chem Private Limited, buy the company report.

GST

Poona Fine Chem has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCP0727F1ZOMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Poona Fine Chem Private Limited, buy the company report.

Recent activity

Poona Fine Chem Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Shirish Khushalchand Desai ceased to be Director on 15 Oct 2024.

Ceased
Shirish Khushalchand Desai ceased to be Director.
Ceased
Sohan Chotalal Mehta ceased to be Director.
AGM
Poona Fine Chem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Malay Jignesh Shah ceased to be Additional Director.
Appointed
Malay Jignesh Shah was appointed as Director.
Filing
Poona Fine Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Union Bank Of India of Rs. 100.00 Lakh registered on 23 Jan 2008 with Charge ID 10085251 was modified on 30 Dec 2009.
Charges
A charge with Union Bank Of India amounted to Rs. 70.00 Lakh with Charge ID 10085253 was registered on 23 Jan 2008.
Charges
A charge with Union Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 10085251 was registered on 23 Jan 2008.
Appointed
Bhavna Jignesh Shah was appointed as Director.
Appointed
Jignesh Arvind Shah was appointed as Director.
Incorporation
08 Oct 2003
Poona Fine Chem Private Limited was registered on 08 Oct 2003 with Roc Mumbai & aged 23 years 1 month as per MCA records.

Frequently asked questions

Poona Fine Chem is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 08 October 2003 (23+ years old) and is registered under CIN U24112MH2003PTC142576.

Poona Fine Chem has 3 current directors:

The latest financial statements of Poona Fine Chem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Poona Fine Chem is 27AADCP0727F1ZO, registered in Maharashtra.

The CIN (Corporate Identification Number) of Poona Fine Chem is U24112MH2003PTC142576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Poona Fine Chem has 2 court cases on record: 2 filed by the company.

Poona Fine Chem was incorporated on 08 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Shirish Khushalchand Desai ceased to be Director on 15 Oct 2024. Sohan Chotalal Mehta ceased to be Director on 15 Oct 2024. Malay Jignesh Shah ceased to be Additional Director on 29 Sep 2024. Poona Fine Chem has 6 board changes on record in total.

Yes, Poona Fine Chem is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0021285).

Poona Fine Chem can be reached through the website sovikagroup.com. Its registered office is in Mumbai, Maharashtra, India.