About Protel Chemicals Private Limited
Data last updated:
Protel Chemicals Private Limited was a private limited company based in Vadodara, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 23 January 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ1995PTC024304.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.2 Lakh. It was led by directors Tarak Atulbhai Patel and Atulbhai Haribhai Patel.
Its last annual general meeting (AGM) was held on 25 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mazza Nine Floor Abs Towerold Padra Road, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2022, the company reported a revenue of ₹39,278. For the same year it recorded a net profit of ₹16,779 (net margin 42.7%) and EBITDA of ₹16,779 (EBITDA margin 42.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The last known website on record is tarakchemicals.com.
Company details
Contact details
Protel Chemicals Private Limited's registered office is in Vadodara, Gujarat. Its website is tarakchemicals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMazza Nine Floor Abs Towerold Padra Road, Vadodara, Gujarat, India – 390007
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Protel Chemicals Private Limited, buy the company report.
- 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
Financials of Protel Chemicals Private Limited
FY 2022 filings availableProtel Chemicals Private Limited reported revenue of ₹39,278 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA rose 121% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹16,779 | ||||
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| Net Profit (PAT) | ₹16,779 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 42.7% | ||||
| Net Profit Margin | 42.7% | ||||
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To see the full financial statements and ratios of Protel Chemicals Private Limited, buy the company report.
Board of directors of Protel Chemicals Private Limited
Protel Chemicals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarak Atulbhai Patel | Director | 20 May 2005 | 21 Years 5 Months | As last reported |
| Atulbhai Haribhai Patel Also directs: Tarak Chemicals Limited, Munjal Auto Industries Limited, 20 Microns Nano Minerals Limited and 3 more | Director | 22 Jun 2001 | 25 Years 4 Months | As last reported |
Peer comparison
Protel Chemicals Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avensa Chemical Solutions Private Limited | ₹44,372 (FY 2024) | -21.0% | New Delhi, Delhi, India | |||
| Meliora Therapeutics Private Limited | ₹43,986 (FY 2025) | -80.0% | Hyderabad, Telangana, India | |||
| Dakle Reinforced Plastics Pvt Ltd | ₹43,095 (FY 2025) | -4.0% | Vapi, Gujarat, India | |||
| Abhidnya Industries Private Limited | ₹42,690 (FY 2023) | Satara, Maharashtra, India | ||||
| Senteur Aromatics Private Limited | ₹41,162 (FY 2025) | 1705.0% | Kolkata, West Bengal, India | |||
| Protel Chemicals Private Limitedthis company | ₹39,278 (FY 2022) | ₹16,779 | 42.7% | Vadodara, Gujarat, India | ||
| Starksrk Pharma Private Limited | ₹39,000 (FY 2021) | Medchal, Telangana, India | ||||
| PT Enterprises Private Limited | ₹38,886 (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Vijayaveda Biotech Limited | ₹37,860 (FY 2024) | 21.0% | Haridwar, Uttarakhand, India | |||
| Haldia Cracker Complex Limited | ₹37,771 (FY 2016) | -15.0% | Kolkata, West Bengal, India | |||
| Nakoda Organics Private Limited | ₹37,370 (FY 2024) | Mumbai, Maharashtra, India |
To see the full peer comparison of Protel Chemicals Private Limited, buy the company report.
Auditor
Protel Chemicals Private Limited is audited by C N K & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & ASSOCIATES LLP | FY 2019 | 101961W |
Shareholding
The shareholding of Protel Chemicals Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Protel Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Protel Chemicals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Protel Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Protel Chemicals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Protel Chemicals Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Tarak Atulbhai Patel was appointed as Director on 20 May 2005.
Frequently asked questions
Protel Chemicals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Protel Chemicals was a private limited company based in Vadodara, Gujarat, India. The company worked in industrial chemicals, within the chemicals and materials industry. It was incorporated on 23 January 1995 and is registered under CIN U24119GJ1995PTC024304. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Protel Chemicals was incorporated on 23 January 1995. It is registered with the Registrar of Companies, Ahmedabad.
Protel Chemicals had 2 directors:
- Tarak Atulbhai Patel - Director
- Atulbhai Haribhai Patel - Director
The CIN (Corporate Identification Number) of Protel Chemicals is U24119GJ1995PTC024304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Protel Chemicals is at Mazza Nine Floor Abs Towerold Padra Road, Vadodara, Gujarat, India – 390007.
Protel Chemicals can be reached through the website tarakchemicals.com. Its registered office is in Vadodara, Gujarat, India.
The latest financial statements of Protel Chemicals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 25 July 2022. Year-wise statements from 2015 are in the company report.
Protel Chemicals operated in the chemicals and materials industry, in the industrial chemicals segment.
The peers of Protel Chemicals by revenue are Avensa Chemical Solutions Private Limited, Meliora Therapeutics Private Limited, Dakle Reinforced Plastics Pvt Ltd, Abhidnya Industries Private Limited, Senteur Aromatics Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Tarak Atulbhai Patel was appointed as Director on 20 May 2005. Atulbhai Haribhai Patel was appointed as Director on 22 Jun 2001.
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