About Premier Intermediates Limited
Data last updated:
Premier Intermediates Limited is a public limited company based in Palghar, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 16 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1989PLC053057. Its GSTIN is 27AAACP4731C1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Premier Intermediates Private Limited. It is led by directors including Ashish Shashikant Sanghvi and Virendra Kumar Yadav.
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 Palghar, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.88 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 8.3%) and EBITDA of ₹4.63 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Premier Group of Industries. As per MCA filings, the company has open charges of ₹29.58 Cr and satisfied charges of ₹2.7 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premierindia.co.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressP No T – 57 M I D C, Tarapur Boisar, Palghar, Maharashtra, India – 401506
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Premier Intermediates Limited
The main business activity of Premier Intermediates is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Premier Intermediates Limited FY 2024 filings available
Premier Intermediates Limited reported revenue of ₹23.88 Cr (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Premier Intermediates Limited
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 78% 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 Premier Intermediates Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹4.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.98 Cr | •••• | •••• | •••• | •••• |
| 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 of Premier Intermediates Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Premier Intermediates are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Premier Intermediates Limited
Premier Intermediates Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Victory Polychem Private Limited | ₹24.06 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mulshi, Maharashtra, India |
| Chembond Distribution Limited | ₹23.98 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Thane, Maharashtra, India |
| Sturdflex Solutions Private Limited | ₹23.96 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| R Chemine Products Private Limited | ₹23.92 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Vadodara, Gujarat, India |
| Suru Chemicals and Pharmaceuticals Private Limited | ₹23.88 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Premier Intermediates Limited this company | ₹23.88 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Palghar, Maharashtra, India |
| Bargi Polymer Private Limited | ₹23.87 Cr (FY 2023) | •••• | •••• | 7.0% | •••• | Mysore, Karnataka, India |
| R.G.Pigments Private Limited | ₹23.73 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Delhi, India |
| N9 World Technologies Private Limited | ₹23.71 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Minova Minetek Private Limited | ₹23.69 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Sangareddy, Telangana, India |
| Onkar Exim Private Limited. | ₹23.6 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Premier Intermediates by revenue in the Chemicals industry (Specialty Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Premier Intermediates Limited
Premier Intermediates has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Shashikant Sanghvi | Director | 03 Feb 2015 | 11 Years 8 Months | Current |
| Virendra Kumar Yadav | Director | 03 Feb 2022 | 4 Years 8 Months | Current |
| Manish Purushottam Sanghvi | Director | 29 Nov 2004 | 21 Years 10 Months | Current |
Charges & Borrowings of Premier Intermediates Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2016 | Hdfc Bank Limited | ₹14.84 Cr | Open |
| 04 May 2016 | Hdfc Bank Limited | ₹14.74 Cr | Open |
| 29 Oct 2004 | Patan Co-Operative Bank Limited | ₹1.1 Cr | Satisfied |
| 29 Jan 1998 | Patan Co-Operative Bank Limited | ₹1.6 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Premier Intermediates Limited
Premier Intermediates Limited has 12 court cases on record: 10 filed by Premier Intermediates, 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed by the company against Vardhman Chemtech Limited | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against Vardhman Chemtech Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Arvee Syntthesis Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Sigma Solvents Private Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA A) | Filed against the company by an individual | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Premier Intermediates Limited
Premier Intermediates Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alchemie Gases and Chemicals Pvt.Ltd. | •••• | •••• | •••• |
| Anmol Chloro Chem | •••• | •••• | •••• |
| Sanghvi Organics Pvt Ltd | •••• | •••• | •••• |
| Priya Fabril | •••• | •••• | •••• |
| Universal Speciality Chemicals Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Premier Intermediates Limited
Premier Intermediates operates one associated brand: Premier Group of Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of specialty chemicals, dyes intermediates, and biocide chemicals in India is conducted by the company. | premierindia.co.in |
Employees and EPFO Compliance at Premier Intermediates Limited
Employment history and EPFO contributions of people linked to Premier Intermediates.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Premier Intermediates Limited
Premier Intermediates has one previous CIN (Corporate Identification Number): U24100MH1989PTC053057. The current CIN is U24100MH1989PLC053057, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH1989PLC053057 | Current |
| U24100MH1989PTC053057 | Previous |
Recent Activity on Premier Intermediates Limited
Premier Intermediates Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Renuka Kiran Sanghvi ceased to be Director on 01 Jul 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Premier Intermediates Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Premier Intermediates Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Premier Intermediates Limited
Premier Intermediates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP4731C1ZT | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Premier Intermediates Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Premier Intermediates Limited
Premier Intermediates is an active public limited company based in Palghar, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 16 August 1989 (37+ years old) and is registered under CIN U24100MH1989PLC053057.
Premier Intermediates reported revenue of ₹23.88 Cr for FY 2024 (down 20% YoY).
Premier Intermediates has 3 current directors:
- Ashish Shashikant Sanghvi - Director
- Virendra Kumar Yadav - Director
- Manish Purushottam Sanghvi - Director
Premier Intermediates reported a net profit of ₹1.98 Cr (net margin 8.3%) and EBITDA of ₹4.63 Cr (EBITDA margin 19.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Premier Intermediates is 4% over three years and 11% over five years. In the latest year (FY 2024) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Premier Intermediates is 27AAACP4731C1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Premier Intermediates is U24100MH1989PLC053057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Intermediates has 12 court cases on record: 10 filed by the company and 2 filed against it. Most are in the district courts.
Premier Intermediates was incorporated on 16 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Premier Intermediates by revenue are Victory Polychem Private Limited, Chembond Distribution Limited, Sturdflex Solutions Private Limited, R Chemine Products Private Limited, Suru Chemicals and Pharmaceuticals Private Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Renuka Kiran Sanghvi ceased to be Director on 01 Jul 2025. Virendra Kumar Yadav ceased to be Additional Director on 29 Sep 2022. Virendra Kumar Yadav was appointed as Director on 03 Feb 2022. Premier Intermediates has 5 board changes on record in total.
Premier Intermediates has 5 MSME Form 1 returns on record between 2019 and 2021, listing 39 overdue payments to 7 micro and small suppliers. The latest return was filed on 03 Jun 2021.