About Resonance Specialties Limited
Data last updated: 06 January 2026
Resonance Specialties Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Makers Laboratories Ltd.. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 01 June 1989, the company has been in operation for over 37 years.
Registered with ROC Mumbai under CIN L25209MH1989PLC051993. Listed on BSE: 524218.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.54 Cr. Formerly known as Armour Polymers Ltd and Armour Polymers Pvt Ltd. It is led by directors including Raj Kamal Prasad Verma and Nilesh Jain.
Last AGM: 05 August 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. 54D Kandivli Industrial Estate Kandivli West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.79 Cr, a growth of 40% compared to the previous year.
The company has a workforce of approximately 73 employees as per the latest available data. It operates as a subsidiary of Makers Laboratories Ltd..
The company is associated with 1 brand - Resonance Specialties. As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹12.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website resonancesl.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressPlot No. 54D Kandivli Industrial Estate Kandivli West, Mumbai, Maharashtra, India – 400067
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Resonance Specialties Limited
Resonance Specialties Limited has undergone 2 name changes throughout its history. The company was previously known as Armour Polymers Ltd, and Armour Polymers Pvt Ltd. The current legal name is Resonance Specialties Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Resonance Specialties Limited | Current |
| Armour Polymers Ltd | Previous |
| Armour Polymers Pvt Ltd | Previous |
CIN History of Resonance Specialties Limited
Resonance Specialties Limited has one previous CIN (Corporate Identification Number): U25209MH1989PLC051993. The current CIN is L25209MH1989PLC051993, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH1989PLC051993 | Current |
| U25209MH1989PLC051993 | Previous |
Associated Brands with Resonance Specialties Limited
Resonance Specialties Limited operates one associated brand: Resonance Specialties. These brands represent Resonance Specialties Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Construction materials are supplied by Resonance Specialties to industry clients. | resonancesl.com |
Business Activity of Resonance Specialties Limited
Resonance Specialties Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 | ********* |
Auditor Details of Resonance Specialties Limited
Resonance Specialties Limited is audited by KAILASH CHAND JAIN & CO (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| KAILASH CHAND JAIN & CO (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Resonance Specialties Limited
Resonance Specialties Limited is currently managed by 7 directors, with 34 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Raj Kamal Prasad Verma
Also directs:
Makers Laboratories Ltd, Resonance Specialties Limited, Evse Ready India Private Limited and 3 more
|
Director | 10 Nov 2020 | 5 Years 7 Months | Current |
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Nilesh Jain
Also directs:
Makers Laboratories Ltd, Resonance Specialties Limited
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Director | 02 Feb 2023 | 3 Years 5 Months | Current |
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Charchit Jain
Also directs:
Resonance Specialties Limited, Kaygee Laboratories Private Limited
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Deputy Nodal Officer | 27 Jul 2023 | 2 Years 11 Months | Current |
| Prashant Premchand Godha | Director | 10 Nov 2020 | 5 Years 7 Months | Current |
|
Archana Surendra Yadav
Also directs:
Lyka Labs Limited, Resonance Specialties Limited, Systematic Industries Limited and 3 more
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Director | 08 Feb 2016 | 10 Years 5 Months | Current |
|
Ajay Anantrai Patadia
Also directs:
Resonance Specialties Limited, Mantra Capital Limited, Emerging Fashions Private Limited and 2 more
|
Director | 27 Jun 2020 | 6 Years 0 Months | Current |
Financials of Resonance Specialties Limited FY 2026 filings available
Resonance Specialties Limited reported revenue of ₹90.25 Cr (up 15.99% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹90.25 Cr | ₹77.81 Cr | ₹55.3 Cr | ₹58.81 Cr | ₹74.22 Cr | ₹70.29 Cr | ₹56.2 Cr | ₹41.63 Cr |
| Other Income | ₹1.64 Cr | ₹98.03 Lakh | ₹93.34 Lakh | ₹1.61 Cr | ₹2.89 Cr | ₹1.59 Cr | ₹1.89 Cr | ₹1.39 Cr |
| Total Income | ₹91.89 Cr | ₹78.79 Cr | ₹56.23 Cr | ₹60.43 Cr | ₹77.11 Cr | ₹71.87 Cr | ₹58.09 Cr | ₹43.02 Cr |
| Cost of Materials Consumed | ₹39.07 Cr | ₹37.56 Cr | ₹19.99 Cr | ₹22.33 Cr | ₹22.47 Cr | ₹27.27 Cr | ₹24.07 Cr | ₹16.99 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹19.49 Cr | ₹0 | ₹0 | ₹53.95 Lakh | ₹17.25 Lakh |
| Changes in Inventories | ₹48.49 Lakh | -₹6.84 Cr | ₹4.76 Cr | -₹8.95 Cr | ₹2.08 Cr | -₹1.28 Cr | -₹3.7 Cr | ₹81.99 Lakh |
| Employee Benefit Expense | ₹5.9 Cr | ₹5 Cr | ₹4.77 Cr | ₹4.28 Cr | ₹4.32 Cr | ₹3.8 Cr | ₹3.9 Cr | ₹2.97 Cr |
| Finance Costs | ₹24.05 Lakh | ₹34.77 Lakh | ₹38.55 Lakh | ₹10.69 Lakh | ₹6.86 Lakh | ₹29.04 Lakh | ₹91.72 Lakh | ₹53.59 Lakh |
| Depreciation & Amortisation | ₹1.34 Cr | ₹1.56 Cr | ₹1.46 Cr | ₹1.48 Cr | ₹1.75 Cr | ₹98.48 Lakh | ₹35.44 Lakh | ₹90.65 Lakh |
| Other Expenses | ₹30.79 Cr | ₹31.49 Cr | ₹20.91 Cr | ₹14.83 Cr | ₹30.13 Cr | ₹26.25 Cr | ₹23.62 Cr | ₹15.78 Cr |
| Total Expenses | ₹77.82 Cr | ₹69.12 Cr | ₹52.27 Cr | ₹53.58 Cr | ₹60.83 Cr | ₹57.31 Cr | ₹49.71 Cr | ₹38.18 Cr |
| Profit Before Exceptional Items & Tax | ₹14.07 Cr | ₹9.67 Cr | ₹3.96 Cr | ₹6.85 Cr | ₹16.28 Cr | ₹14.56 Cr | ₹8.38 Cr | ₹4.84 Cr |
| Exceptional Items | ₹0 | -₹79.1 Lakh | ₹0 | ₹0 | ₹75,000 | ₹0 | -₹1.46 Cr | -₹8.49 Lakh |
| Profit Before Tax | ₹14.07 Cr | ₹8.88 Cr | ₹3.96 Cr | ₹6.85 Cr | ₹16.29 Cr | ₹14.56 Cr | ₹6.92 Cr | ₹4.76 Cr |
| Total Tax Expense | ₹3.68 Cr | ₹2.31 Cr | ₹99.51 Lakh | ₹1.85 Cr | ₹3.93 Cr | ₹4.04 Cr | ₹1.41 Cr | ₹1.55 Cr |
| Net Profit | ₹10.4 Cr | ₹6.57 Cr | ₹2.97 Cr | ₹5 Cr | ₹12.36 Cr | ₹10.52 Cr | ₹5.51 Cr | ₹3.2 Cr |
| Other Comprehensive Income | -₹2.54 Lakh | -₹4.05 Lakh | -₹1.13 Lakh | ₹4.29 Lakh | -₹7.5 Lakh | -₹38.48 Lakh | -₹5.24 Lakh | -₹4,000 |
| Total Comprehensive Income | ₹10.37 Cr | ₹6.53 Cr | ₹2.96 Cr | ₹5.04 Cr | ₹12.28 Cr | ₹10.14 Cr | ₹5.46 Cr | ₹3.2 Cr |
| EBITDA (computed) | ₹15.65 Cr | ₹11.58 Cr | ₹5.81 Cr | ₹8.43 Cr | ₹18.1 Cr | ₹15.84 Cr | ₹9.65 Cr | ₹6.29 Cr |
| Basic EPS | ₹9.01 | ₹5.65 | ₹2.56 | ₹4.37 | ₹10.64 | ₹8.78 | ₹4.43 | ₹2.78 |
| Diluted EPS | ₹9.01 | ₹5.65 | ₹2.56 | ₹4.37 | ₹10.64 | ₹8.78 | ₹4.43 | ₹2.78 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹92.47 Cr | ₹75.55 Cr | ₹73.77 Cr | ₹65.79 Cr | ₹56.77 Cr | ₹54.63 Cr | ₹41.71 Cr | ₹37.58 Cr |
| Non-current Assets | ₹25.55 Cr | ₹23.34 Cr | ₹24.15 Cr | ₹21.18 Cr | ₹15.22 Cr | ₹16.79 Cr | ₹17.15 Cr | ₹16.29 Cr |
| Current Assets | ₹66.92 Cr | ₹52.21 Cr | ₹49.62 Cr | ₹44.62 Cr | ₹41.56 Cr | ₹37.84 Cr | ₹24.56 Cr | ₹21.29 Cr |
| Property, Plant & Equipment | ₹19.68 Cr | ₹20.34 Cr | ₹21.83 Cr | ₹19.29 Cr | ₹10.59 Cr | ₹12.51 Cr | ₹13.83 Cr | ₹13.74 Cr |
| Inventories | ₹34.3 Cr | ₹26.23 Cr | ₹22.82 Cr | ₹23.13 Cr | ₹11.65 Cr | ₹16.58 Cr | ₹13.38 Cr | ₹8.88 Cr |
| Trade Receivables | ₹13.89 Cr | ₹22.37 Cr | ₹13.32 Cr | ₹12.34 Cr | ₹8.2 Cr | ₹9.42 Cr | ₹6.14 Cr | ₹6.98 Cr |
| Cash & Equivalents | ₹17.97 Lakh | ₹22.49 Lakh | ₹38.9 Lakh | ₹71.38 Lakh | ₹2.26 Cr | ₹5.19 Cr | ₹1.92 Cr | ₹1.01 Cr |
| Equity (Net Worth) | ₹73.24 Cr | ₹64.02 Cr | ₹57.5 Cr | ₹55.69 Cr | ₹51.8 Cr | ₹40.67 Cr | ₹30.53 Cr | ₹26.47 Cr |
| Equity Share Capital | ₹11.54 Cr | ₹11.54 Cr | ₹11.54 Cr | ₹11.54 Cr | ₹11.54 Cr | ₹11.54 Cr | ₹11.54 Cr | ₹11.54 Cr |
| Borrowings (Non-current) | ₹1.03 Cr | ₹2.06 Cr | ₹3.08 Cr | ₹1.93 Cr | ₹7.04 Lakh | ₹9.39 Lakh | ₹0 | ₹0 |
| Borrowings (Current) | ₹1.03 Cr | ₹1.03 Cr | ₹1.03 Cr | ₹28.91 Lakh | ₹0 | ₹60.88 Lakh | ₹0 | ₹0 |
| Total Debt (computed) | ₹2.06 Cr | ₹3.09 Cr | ₹4.12 Cr | ₹2.22 Cr | ₹7.04 Lakh | ₹70.27 Lakh | ₹0 | ₹0 |
| Current Liabilities | ₹16.26 Cr | ₹7.73 Cr | ₹11.48 Cr | ₹6.66 Cr | ₹3.33 Cr | ₹12.09 Cr | ₹9.09 Cr | ₹9.02 Cr |
| Total Liabilities | ₹19.23 Cr | ₹11.53 Cr | ₹16.28 Cr | ₹10.1 Cr | ₹4.97 Cr | ₹13.96 Cr | ₹11.18 Cr | ₹11.11 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹17.32 Cr | -₹2.51 Cr | ₹4.16 Cr | -₹8.37 Cr | ₹13.33 Cr |
| Investing Cash Flow | -₹14.9 Cr | ₹2.15 Cr | -₹6.63 Cr | ₹3.2 Cr | -₹8.8 Cr |
| Financing Cash Flow | -₹2.47 Cr | -₹1.2 Cr | ₹33.35 Lakh | ₹92.71 Lakh | -₹1.86 Cr |
| Capital Expenditure | ₹3.74 Cr | ₹1.56 Cr | ₹4.42 Cr | ₹7.6 Cr | ₹61.43 Lakh |
| Free Cash Flow (computed) | ₹13.58 Cr | -₹4.07 Cr | -₹25.36 Lakh | -₹15.97 Cr | ₹12.71 Cr |
| Dividends Paid | ₹1.15 Cr | ₹0 | ₹1.15 Cr | ₹1.15 Cr | ₹1.15 Cr |
| Net Change in Cash | -₹4.52 Lakh | -₹1.56 Cr | -₹2.13 Cr | -₹4.24 Cr | ₹2.66 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹24.48 Cr | ₹22.96 Cr | ₹21.53 Cr | ₹21.27 Cr | ₹24.2 Cr | ₹18.24 Cr | ₹18.06 Cr | ₹17.3 Cr |
| Other Income | ₹73.63 Lakh | ₹32.35 Lakh | ₹35.49 Lakh | ₹22.71 Lakh | ₹9.37 Lakh | ₹30.26 Lakh | ₹33.15 Lakh | ₹25.25 Lakh |
| Total Income | ₹25.21 Cr | ₹23.29 Cr | ₹21.89 Cr | ₹21.5 Cr | ₹24.3 Cr | ₹18.54 Cr | ₹18.4 Cr | ₹17.55 Cr |
| Cost of Materials Consumed | ₹9.99 Cr | ₹14.05 Cr | ₹8.49 Cr | ₹6.55 Cr | ₹11.76 Cr | ₹11.69 Cr | ₹9.32 Cr | ₹4.78 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹1.14 Cr | -₹4.62 Cr | ₹98.44 Lakh | ₹5.26 Cr | -₹3.26 Cr | -₹3.51 Cr | -₹3.01 Cr | ₹2.93 Cr |
| Employee Benefit Expense | ₹1.64 Cr | ₹1.41 Cr | ₹1.42 Cr | ₹1.42 Cr | ₹1.39 Cr | ₹1.18 Cr | ₹1.21 Cr | ₹1.21 Cr |
| Finance Costs | ₹4.68 Lakh | ₹5.08 Lakh | ₹6.42 Lakh | ₹7.87 Lakh | ₹3.01 Lakh | ₹11.25 Lakh | ₹10.19 Lakh | ₹10.32 Lakh |
| Depreciation & Amortisation | ₹34.25 Lakh | ₹34.01 Lakh | ₹32.67 Lakh | ₹32.64 Lakh | ₹10.73 Lakh | ₹48.26 Lakh | ₹49.14 Lakh | ₹47.7 Lakh |
| Other Expenses | ₹8.35 Cr | ₹8.67 Cr | ₹8.28 Cr | ₹5.49 Cr | ₹10.07 Cr | ₹6.95 Cr | ₹8.18 Cr | ₹6.29 Cr |
| Total Expenses | ₹19.22 Cr | ₹19.9 Cr | ₹19.56 Cr | ₹19.13 Cr | ₹20.1 Cr | ₹16.91 Cr | ₹16.3 Cr | ₹15.8 Cr |
| Profit Before Exceptional Items & Tax | ₹5.99 Cr | ₹3.38 Cr | ₹2.33 Cr | ₹2.37 Cr | ₹4.2 Cr | ₹1.63 Cr | ₹2.09 Cr | ₹1.75 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹1.76 Lakh | ₹0 | ₹11.88 Lakh | -₹89.22 Lakh |
| Profit Before Tax | ₹5.99 Cr | ₹3.38 Cr | ₹2.33 Cr | ₹2.37 Cr | ₹4.18 Cr | ₹1.63 Cr | ₹2.21 Cr | ₹86.01 Lakh |
| Total Tax Expense | ₹1.4 Cr | ₹87.08 Lakh | ₹66.89 Lakh | ₹74.2 Lakh | ₹1.12 Cr | ₹51.37 Lakh | ₹40.59 Lakh | ₹27.21 Lakh |
| Net Profit | ₹4.6 Cr | ₹2.51 Cr | ₹1.66 Cr | ₹1.63 Cr | ₹3.06 Cr | ₹1.12 Cr | ₹1.81 Cr | ₹58.8 Lakh |
| Other Comprehensive Income | ₹3.2 Lakh | -₹2.48 Lakh | -₹3.38 Lakh | ₹12,000 | -₹1.76 Lakh | -₹78,000 | -₹1.63 Lakh | ₹12,000 |
| Total Comprehensive Income | ₹4.63 Cr | ₹2.49 Cr | ₹1.62 Cr | ₹1.63 Cr | ₹3.04 Cr | ₹1.11 Cr | ₹1.79 Cr | ₹58.92 Lakh |
| EBITDA (computed) | ₹6.38 Cr | ₹3.77 Cr | ₹2.72 Cr | ₹2.78 Cr | ₹4.33 Cr | ₹2.22 Cr | ₹2.69 Cr | ₹2.33 Cr |
| Basic EPS | ₹3.98 | ₹2.18 | ₹1.44 | ₹1.41 | ₹2.63 | ₹0.96 | ₹1.55 | ₹0.51 |
| Diluted EPS | ₹3.98 | ₹2.18 | ₹1.44 | ₹1.41 | ₹2.63 | ₹0.96 | ₹1.55 | ₹0.51 |
Shareholding Pattern of Resonance Specialties Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 54.25%, domestic institutional investors hold 0.03%, retail and other public shareholders hold 45.72% of Resonance Specialties Limited. The company had 11,272 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 54.25% | 54.25% | 54.25% | 54.25% | 54.25% | 54.25% |
| Public | 45.75% | 45.75% | 45.75% | 45.75% | 45.75% | 45.75% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 54.25% | 54.25% | 54.25% |
| Public | 45.75% | 45.75% | 45.75% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Resonance Specialties Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2021 | Yes Bank Limited | ₹14 Cr | Open |
| 25 Jul 2016 | Others | ₹9.9 Lakh | Satisfied |
| 11 Jan 2010 | Others | ₹7.4 Cr | Satisfied |
| 08 Oct 1994 | Bank of Baroda | ₹3 Cr | Satisfied |
| 23 Sep 1992 | Bank of Baroda | ₹1.65 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Resonance Specialties Limited
Resonance Specialties Limited has a workforce of 73 employees as of Mar 25, 2024.
Employee Count & EPFO Data of Resonance Specialties Limited
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GST Compliance of Resonance Specialties Limited
GSTIN & GST Filing Data of Resonance Specialties Limited
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Credit Ratings, Litigation & Regulatory Alerts for Resonance Specialties Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Resonance Specialties Limited
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MSME Payment Delays by Resonance Specialties Limited
MSME Payment Delays by Resonance Specialties Limited
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Subsidiaries & Group Companies of Resonance Specialties Limited
Subsidiaries & Group Companies of Resonance Specialties Limited
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MCA Filings & Documents of Resonance Specialties Limited
MCA Filings & Documents of Resonance Specialties Limited
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Recent Activity on Resonance Specialties Limited
Frequently Asked Questions about Resonance Specialties Limited
Resonance Specialties Limited is an active public limited company in the chemicals and materials sector based in Mumbai, Maharashtra, India. It was incorporated on 01 June 1989 (37+ years old) and is registered under CIN L25209MH1989PLC051993. Listed on BSE: 524218. The company has 73 employees.
Resonance Specialties Limited reported revenue of ₹78.79 Cr for FY 2025 (up 40.00% YoY).
The current directors of Resonance Specialties Limited are:
- Raj Kamal Prasad Verma
- Vaibhavi Veerasen Rajeshirke
- Nilesh Jain
- Charchit Jain
- Prashant Premchand Godha
- Archana Surendra Yadav
- Ajay Anantrai Patadia
The primary industry of Resonance Specialties Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Yes. Resonance Specialties Limited is listed on BSE with code 524218.
Resonance Specialties Limited can be reached at the registered office: Plot No. 54D Kandivli Industrial Estate Kandivli West, Mumbai, Maharashtra, India – 400067, or through the website resonancesl.com.