MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0048232
Pyramid Chemicals Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.27 Lakh
▼ 62% YoY
Net loss · FY 2024
₹15,938
Net margin -0.3%
EBITDA · FY 2024
₹81,538
EBITDA margin 1.3%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹55.06 Lakh
Issued & subscribed
Open charges
₹1.57 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings
About Pyramid Chemicals Private Limited
Data last updated:
Pyramid Chemicals Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24111GJ2004PTC044646. Its GSTIN is 24AADCP4237G1ZN (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹55.06 Lakh. It is led by directors including Shrenik Surendrabhai Shah and Jugal Nilesh Trivedi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 Vihav Excelus Vasna Bhayli Road Nr Bright Day School Bhayli, Vadodara, Gujarat, India – 391410.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.27 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹15,938 (net margin -0.3%) and EBITDA of ₹81,538 (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.
The company is associated with 1 brand: Pyramid Chemicals. As per MCA filings, the company has open charges of ₹1.57 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
Pyramid Chemicals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0048232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pyramidchem.com.
Company details
CIN U24111GJ2004PTC044646
Registration Number 044646
Incorporation Date 25 August 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0048232
Key People
Shrenik Surendrabhai Shah Director Jugal Nilesh Trivedi Director Nilesh Pradyumnabhai Trivedi Director Recognitions & Rankings of Pyramid Chemicals
Contact details
Pyramid Chemicals Private Limited's registered office is in Vadodara, Gujarat. Its website is pyramidchem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address304 Vihav Excelus Vasna Bhayli Road Nr Bright Day School Bhayli, Vadodara, Gujarat, India – 391410
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Pyramid Chemicals Private Limited, buy the company report.
Comprehensive company report
Pyramid Chemicals 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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Brands
Pyramid Chemicals operates one associated brand: Pyramid Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fly Ash processing and construction chemicals manufacturing in India. | pyramidchem.com |
Business activity
The main business activity of Pyramid Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Pyramid Chemicals Private Limited, buy the company report.
Financials of Pyramid Chemicals Private Limited
FY 2025 filings availablePyramid Chemicals Private Limited reported revenue of ₹63.27 Lakh (down 62% YoY) for FY 2024.
Revenue · FY 2024
₹63.27 Lakh ▼ 62%
Net loss · FY 2024
₹15,938 margin -0.3%
EBITDA · FY 2024
₹81,538 margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 22%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 31%
5 years · compounded
▼ 39%
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 80% 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 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 | ₹81,538 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15,938 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | -0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pyramid Chemicals Private Limited, buy the company report.
Board of directors of Pyramid Chemicals Private Limited
Pyramid Chemicals has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrenik Surendrabhai Shah | Director | 16 Apr 2018 | 8 Years 6 Months | Current |
| Jugal Nilesh Trivedi | Director | 11 Feb 2010 | 16 Years 8 Months | Current |
| Nilesh Pradyumnabhai Trivedi | Director | 12 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Pyramid Chemicals Private Limited is audited by V J AMIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V J AMIN & CO | FY 2020 | 100335W |
Shareholding
The shareholding of Pyramid Chemicals Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pyramid Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2017 | 100092370 | Others | ₹22 Lakh | Open | |
| 08 Jan 2015 | 10576123 | Corporation Bank | ₹90 Lakh | Open | |
| 18 Apr 2014 | 10488891 | State Bank of Patiala | ₹35 Lakh | Open | |
| 18 Apr 2014 | 10488892 | State Bank of Patiala | ₹10 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Pyramid Chemicals Private Limited has 5 court cases on record: 2 filed by Pyramid Chemicals, 3 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against M/S. Kalinga Commercial Corporation Limited | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Miss Pallavi Satish Dhavde Proprietor Avneesh Trading Corporation | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Financial Service Ltd | Disposed |
| District court, Puri, Orissa | Court case (M.a.c.t Case) | Filed against the company by an individual | Disposed |
To see the full case history of Pyramid Chemicals Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Pyramid Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pyramid Chemicals has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP4237G1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pyramid Chemicals Private Limited, buy the company report.
Recent activity
Pyramid Chemicals Private Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Shrenik Surendrabhai Shah ceased to be Additional Director on 29 Sep 2018.
AGM
Pyramid Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pyramid Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Shrenik Surendrabhai Shah ceased to be Additional Director.
Ceased
Ashwin Girdharlal Patel ceased to be Director.
Ceased
Yagneshkumar Rameshbhai Patel ceased to be Director.
Ceased
Harsh Shrenikbhai Shah ceased to be Director.
Appointed
Shrenik Surendrabhai Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 22.00 Lakh with Charge ID 100092370 was registered on 27 Mar 2017.
Charges
A charge with Corporation Bank amounted to Rs. 90.00 Lakh with Charge ID 10576123 was registered on 08 Jan 2015.
Ceased
Rajiv Agarwal ceased to be Director.
Charges
A charge with State Bank Of Patiala amounted to Rs. 35.00 Lakh with Charge ID 10488891 was registered on 18 Apr 2014.
Charges
A charge with State Bank Of Patiala amounted to Rs. 10.00 Lakh with Charge ID 10488892 was registered on 18 Apr 2014.
7 earlier events are in the company report.
Frequently asked questions
Pyramid Chemicals is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 August 2004 (22+ years old) and is registered under CIN U24111GJ2004PTC044646.
Pyramid Chemicals has 3 current directors:
- Shrenik Surendrabhai Shah - Director
- Jugal Nilesh Trivedi - Director
- Nilesh Pradyumnabhai Trivedi - Director
The latest financial statements of Pyramid Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pyramid Chemicals is 24AADCP4237G1ZN, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pyramid Chemicals is U24111GJ2004PTC044646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pyramid Chemicals has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending.
Pyramid Chemicals was incorporated on 25 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shrenik Surendrabhai Shah ceased to be Additional Director on 29 Sep 2018. Ashwin Girdharlal Patel ceased to be Director on 16 Jul 2018. Yagneshkumar Rameshbhai Patel ceased to be Director on 28 May 2018. Pyramid Chemicals has 12 board changes on record in total.
Yes, Pyramid Chemicals is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0048232).
Pyramid Chemicals can be reached through the website pyramidchem.com. Its registered office is in Vadodara, Gujarat, India.
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