Praharit Pigments LLP - chemicals and materials in Jhagadia, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAC-1801 Incorporated 15 March 2014 ROC Ahmedabad HQ Jhagadia, Gujarat, India
Active Limited Liability Partnership chemicals and materials
Data last updated
Revenue · FY 2023
₹66.75 Cr
▼ 22% YoY
Net profit · FY 2023
₹1.64 Cr
Net margin 2.5%
EBITDA · FY 2023
₹1.8 Cr
EBITDA margin 2.7%
Contribution obligation
₹5 Cr
As per LLP agreement
Open charges
₹44.98 Cr
Satisfied ₹17.5 Cr
LLP age
12 yrs
Est. 2014
Employees · EPFO
41
Provident fund records
Designated partners
3
As per MCA filings

About Praharit Pigments LLP

Data last updated:

Praharit Pigments LLP is a limited liability partnership (LLP) based in Jhagadia, Gujarat, India. It operates in the colorants, dyes and pigments segment of the chemicals and materials sector. It was incorporated on 15 March 2014 and has been in existence for over 12 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAC-1801. Its GSTIN is 24AAPFP7958P1Z4 (Gujarat).

The LLP has a total obligation of contribution of ₹5 Cr. It is led by designated partners including Rameshkumar Nanjibhai Padshala and Sureshbhai Bhimjibhai Moradiya.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Plot No.38/11 GIDC Jhagadia Near Air Liquide, Gujarat, India – 393110.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹66.75 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 2.5%) and EBITDA of ₹1.8 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.

The LLP has about 41 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹44.98 Cr and satisfied charges of ₹17.5 Cr on record. Court records list 3 cases involving the LLP, including 3 filed by the LLP.

Company Details of Praharit Pigments LLP
LLPIN AAC-1801
Incorporation Date 15 March 2014
Total Obligation of Contribution ₹5 Cr
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.38/11 GIDC Jhagadia Near Air Liquide, Gujarat, India – 393110
  • Industry
    Chemicals and Materials, Colorants, Dyes & Pigments
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Financials, compliance, directors, charges, ownership and filings for Praharit Pigments LLP in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Praharit Pigments LLP FY 2025 filings available

Praharit Pigments LLP reported revenue of ₹66.75 Cr (down 22% YoY) for FY 2023.

Revenue · FY 2023
₹66.75 Cr ▼ 22%
Net profit · FY 2023
₹1.64 Cr margin 2.5%
EBITDA · FY 2023
₹1.8 Cr margin 2.7%

Compounded Annual Growth Rate (CAGR) of Praharit Pigments LLP

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 21%

Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 88% 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 of Praharit Pigments LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income••••••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax₹1.64 Cr••••••••••••••••
Profit Transferred to Partners••••••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Secured Loans••••••••••••••••••••
Unsecured Loans••••••••••••••••••••
Trade Payables••••••••••••••••••••
Other Liabilities and Provisions••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Loans and Advances••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Praharit Pigments LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin2.5%••••••••••••••••
Return on Partners' Funds••••••••••••••••••••
Return on Assets••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Debt to Partners' Funds••••••••••••••••••••
Interest Coverage••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Turnover Growth••••••••••••••••••••
Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Praharit Pigments are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Designated Partners of Praharit Pigments LLP

Praharit Pigments has 3 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Rameshkumar Nanjibhai PadshalaDesignated Partner15 Mar 201412 Years 6 MonthsCurrent
Sureshbhai Bhimjibhai MoradiyaDesignated Partner04 Aug 20224 Years 2 MonthsCurrent
Ashwinbhai Babubhai DudhatDesignated Partner04 Aug 20224 Years 2 MonthsCurrent

Ownership and Shareholding of Praharit Pigments LLP

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Charges & Borrowings of Praharit Pigments LLP

Open charges
₹44.98 Cr
Satisfied charges
₹17.5 Cr
Breakdown by lending institutions
Axis Bank Limited₹23.55 Cr
Hdfc Bank Limited₹21.43 Cr
Latest charge details
DateLenderAmountStatus
17 Dec 2025Hdfc Bank Limited₹20.94 CrOpen
22 Jul 2025Hdfc Bank Limited₹49.14 LakhOpen
25 Jan 2018Axis Bank Limited₹23.55 CrOpen
25 Jan 2018Axis Bank Limited₹17.5 CrSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Praharit Pigments LLP

Praharit Pigments LLP has a workforce of 40 employees as of Apr 08, 2024.

Employee count
40
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Praharit Pigments LLP

Praharit Pigments LLP has 10 designated partner changes on record since 2014: 4 appointments and 6 cessations. The latest: Ritesh Khichadia Rameshbhai was appointed as Partner on 01 May 2023.

Charges
A charge with Hdfc Bank Limited of Rs. 20.94 Cr registered on 17 Dec 2025 with Charge ID 101207881 was modified on 12 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.94 Cr with Charge ID 101207881 was registered on 17 Dec 2025.
Charges
A charge registered on 25 Jan 2018 via Charge ID 100154356 with Axis Bank Limited was fully satisfied on 16 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.49 Cr with Charge ID 101139356 was registered on 22 Jul 2025.
AGM
Praharit Pigments Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Praharit Pigments Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ritesh Khichadia Rameshbhai was appointed as Partner.
Charges
A charge with Axis Bank Limited of Rs. 23.55 Cr registered on 25 Jan 2018 with Charge ID 100154355 was modified on 16 Feb 2023.
Ceased
Sureshbhai Bhimjibhai Moradiya ceased to be Partner.
Appointed
Ashwinbhai Babubhai Dudhat was appointed as Designated Partner.
Ceased
Chandulal Manubhai Kothia ceased to be Designated Partner.
Appointed
Sureshbhai Bhimjibhai Moradiya was appointed as Designated Partner.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Praharit Pigments LLP

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MSME Payment Delays by Praharit Pigments LLP

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Subsidiaries & Group Companies of Praharit Pigments LLP

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GST Compliance of Praharit Pigments LLP

Praharit Pigments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAPFP7958P1Z4GujaratActive22 Aug 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Praharit Pigments LLP

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Praharit Pigments LLP

Praharit Pigments is an active limited liability partnership based in Jhagadia, Gujarat, India. The LLP works in colorants, dyes and pigments, within the chemicals and materials industry. It was incorporated on 15 March 2014 (12+ years old) and is registered under LLPIN AAC-1801.

Praharit Pigments reported revenue of ₹66.75 Cr for FY 2023 (down 22% YoY).

Praharit Pigments has 3 current designated partners:

Praharit Pigments reported a net profit of ₹1.64 Cr (net margin 2.5%) and EBITDA of ₹1.8 Cr (EBITDA margin 2.7%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Praharit Pigments is 24% over three years. In the latest year (FY 2023) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Praharit Pigments is 24AAPFP7958P1Z4, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Praharit Pigments is AAC-1801. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Praharit Pigments has 3 court cases on record: 3 filed by the LLP. Most are in the supreme court.

Praharit Pigments was incorporated on 15 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ritesh Khichadia Rameshbhai was appointed as Partner on 01 May 2023. Sureshbhai Bhimjibhai Moradiya ceased to be Partner on 02 Dec 2022. Ashwinbhai Babubhai Dudhat was appointed as Designated Partner on 04 Aug 2022. Praharit Pigments has 10 designated partner changes on record in total.

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