- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0003478

About Rathi Dye Chem Private Limited
Data last updated:
Rathi Dye Chem Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 10 June 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28290MH1976PTC019069. Its GSTIN is 27AABCR3922J1ZC (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Saidhan Surface Tech Private Limited and Rathi Dye Chem Limited. It is led by directors including Suunil Harinarayan Rathi (Managing Director) and Amit Raghunath Kadam.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.24 Cr. For the same year it recorded a net profit of ₹1.43 Cr (net margin 1.9%) and EBITDA of ₹10.09 Cr (EBITDA margin 13.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 2% over five years.
The company has about 128 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.79 Cr and satisfied charges of ₹5.35 Cr on record. Court records list 39 cases involving the company, including 19 filed by the company and 20 filed against it; 4 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in September 2023.
Rathi Dye Chem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0003478). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rathicolours.com.
Company details
Name history
Rathi Dye Chem has undergone 4 name changes throughout its history. The current legal name is Rathi Dye Chem Private Limited.
| Company Name | Status |
|---|---|
| Rathi Dye Chem Private Limited | Current |
| Saidhan Surface Tech Private Limited | Previous |
| Rathi Dye Chem Limited | Previous |
| Rathitrend Colourchem Private Limited | Previous |
| Rathi Dye-Chem Private Limited | Previous |
Recognitions & Rankings of Rathi Dye Chem
Contact details
Rathi Dye Chem Private Limited's registered office is in Pune, Maharashtra. Its website is rathicolours.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVrundali Apts C.S. No. 851/2 Blk No. 4 2nd Flr Bhandarkar Institute Road Shivajinagar, D.G., Pune, Maharashtra, India – 411004
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Rathi Dye Chem 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
Business activity
The main business activity of Rathi Dye Chem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rathi Dye Chem Private Limited, buy the company report.
Financials of Rathi Dye Chem Private Limited
FY 2025 filings availableRathi Dye Chem Private Limited reported revenue of ₹76.24 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years. EBITDA fell 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.09 Cr | ||||
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| Net Profit (PAT) | ₹1.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Rathi Dye Chem Private Limited, buy the company report.
Board of directors of Rathi Dye Chem Private Limited
Rathi Dye Chem has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Raghunath Kadam | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Harinarayan Jagannath Rathi | Director | 10 Jun 2007 | 19 Years 4 Months | Current |
| Dilip Prabhakar Deshpande | Director | 29 Mar 2016 | 10 Years 7 Months | Current |
| Rajesh Balkrishna Rathi Also directs: Sudarshan Colorants India Limited, Sudarshan Chemical Industries Limited, Balkrishna Rathi Finance Pvt Ltd and 3 more | Additional Director | 31 Dec 2025 | 0 Years 10 Months | Current |
| Suunil Harinarayan Rathi | Managing Director | 28 Dec 1991 | 34 Years 10 Months | Current |
| Sunil Manohar Govardhan Also directs: Srujan Dreams Private Limited | Director | 08 Sep 2008 | 18 Years 2 Months | Current |
Auditor
Rathi Dye Chem Private Limited is audited by S.H Sane & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.H Sane & Co. | FY 2024 | 114491W |
Shareholding
The shareholding of Rathi Dye Chem Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rathi Dye Chem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2022 | 100609761 | The Hongkong and Shanghai Banking Corporation Limited | ₹10.72 Cr | Open | |
| 27 Jul 2017 | 100122044 | The Hongkong and Shanghai Banking Corporation Limited | ₹80 Lakh | Open | |
| 10 Aug 2012 | 10374120 | The Hongkong and Shanghai Banking Corporation Limited | ₹21.72 Cr | Open | |
| 01 Aug 2012 | 10369706 | The Hongkong and Shanghai Banking Corporation Limited | ₹11 Cr | Open | |
| 27 Dec 2000 | 90085591 | Others | ₹6.25 Cr | Open |
To see the full charge records of Rathi Dye Chem Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Rathi Dye Chem Private Limited has 5 deals on record (5 secondary share transfers); the latest was in September 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Nilesh Harinarayan Rathi Huf |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Nilesh Harinarayan Rathi Huf, 3 individuals Seller: Sunil Rathi HUF & Preeti Rathi, 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rathi Dye Chem Private Limited has 39 court cases on record: 19 filed by Rathi Dye Chem, 20 filed against it. 4 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 16 | 4 |
| High courts | 5 | 4 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Rasik Products Pvt Ltd Etc 3 and 3 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Ess Dee Aluminium Ltd | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against KKTC Autotech Ltd. and Ors. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S UK Intermediates Prop Umesh Joshi | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Rushithan Dye Tech and 1 other | Pending |
To see the full case history of Rathi Dye Chem 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.
Credit ratings & regulatory alerts
Rathi Dye Chem Private Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of Rathi Dye Chem Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rathi Dye Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rathi Dye Chem Private Limited has a workforce of 128 employees on its EPFO records as of Dec 14, 2024, across 2 active EPFO establishments.
GST
Rathi Dye Chem has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR3922J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rathi Dye Chem Private Limited, buy the company report.
Recent activity
Rathi Dye Chem Private Limited has 12 board changes on record since 1991: 7 appointments and 5 cessations. The latest: Pedat Bardeskar Pavalu ceased to be Director on 19 Jan 2026.
35 earlier events are in the company report.
Frequently asked questions
Rathi Dye Chem is an active private limited company based in Pune, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 10 June 1976 (50+ years old) and is registered under CIN U28290MH1976PTC019069.
Rathi Dye Chem has 7 current directors:
- Suunil Harinarayan Rathi - Managing Director
- Amit Raghunath Kadam - Director
- Harinarayan Jagannath Rathi - Director
- Dilip Prabhakar Deshpande - Director
- Rajesh Balkrishna Rathi - Additional Director
- Sunil Manohar Govardhan - Director
- Nilesh Rathi Harinarayan - Director
The latest financial statements of Rathi Dye Chem 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 Rathi Dye Chem is 27AABCR3922J1ZC, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rathi Dye Chem is U28290MH1976PTC019069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rathi Dye Chem has 39 court cases on record: 19 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
Rathi Dye Chem was incorporated on 10 June 1976, making it 50+ years old. It is registered with the Registrar of Companies, Pune.
Rathi Dye Chem has 5 deals on record (5 secondary share transfers); the latest was in September 2023.
Pedat Bardeskar Pavalu ceased to be Director on 19 Jan 2026. Rajesh Balkrishna Rathi was appointed as Additional Director on 31 Dec 2025. Madhusudan Laxminarayan Rathi ceased to be Director on 11 Jul 2025. Rathi Dye Chem has 12 board changes on record in total.
Yes, Rathi Dye Chem is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0003478).

