About Riko Chemicals Pvt Ltd
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Riko Chemicals Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 31 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1985PTC036428. Its GSTIN is 27AABCR3384C1ZJ (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Harish Vitthal Shetty and Murleedharan Shankaran Kurup.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.59 Cr. For the same year it recorded a net profit of ₹2.86 Cr (net margin 7%) and EBITDA of ₹5.03 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Riko Chemicals. As per MCA filings, the company has satisfied charges of ₹3.87 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 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 rikochemicals.com.
Company details
Contact details
Riko Chemicals Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is rikochemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address79 3rd Flr. Aditya Ind. Estate Behind Evershine Mall Devrukhkarwadi Chincholi Link Rd, Malad (W), Mumbai, Maharashtra, India – 400064
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Riko Chemicals Pvt Ltd, 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
Brands
Riko Chemicals operates one associated brand: Riko Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electroplating chemicals manufacturing and metal finishing services in India. | rikochemicals.com |
Business activity
The main business activity of Riko 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 Riko Chemicals Pvt Ltd, buy the company report.
Financials of Riko Chemicals Pvt Ltd
FY 2025 filings availableRiko Chemicals Pvt Ltd reported revenue of ₹40.59 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years. EBITDA rose 2% 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 | ₹5.03 Cr | ||||
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| Net Profit (PAT) | ₹2.86 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 | 12.4% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Riko Chemicals Pvt Ltd, buy the company report.
Board of directors of Riko Chemicals Pvt Ltd
Riko Chemicals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Vitthal Shetty Also directs: Du Organics Private Limited, Kam-Vit Chemicals Private Limited | Director | 27 Sep 1996 | 30 Years 1 Months | Current |
| Murleedharan Shankaran Kurup Also directs: Kam-Vit Chemicals Private Limited | Director | 16 Jun 1997 | 29 Years 4 Months | Current |
| Raju Narayan Kavil | Director | 27 Sep 1996 | 30 Years 1 Months | Current |
Peer comparison
Riko Chemicals Pvt Ltd is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Macrotech Polychem Private Limited | ₹40.96 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India | |||
| Krishna Murari Organosys Private Limited. | ₹40.74 Cr (FY 2024) | -1.0% | Delhi, India | |||
| Flourish Paper & Chemicals Limited | ₹40.6 Cr (FY 2025) | 67.0% | Derabassi, Punjab, India | |||
| Riko Chemicals Pvt Ltdthis company | ₹40.59 Cr (FY 2025) | ₹2.86 Cr | 7% | 83 | Mumbai, Maharashtra, India | |
| Nice Chemicals Private Limited | ₹40.51 Cr (FY 2024) | -8.0% | Ernakulam, Kerala, India | |||
| Shree Ram Gum Chemicals Private Limited | ₹40.08 Cr (FY 2025) | 27.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Riko Chemicals Pvt Ltd, buy the company report.
Auditor
Riko Chemicals Pvt Ltd is audited by V N S S & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N S S & CO. | FY 2022 | 157451W |
Shareholding
The shareholding of Riko Chemicals Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Riko Chemicals Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2012 | 10371789 | Oriental Bank of Commerce | ₹42 Lakh | Satisfied | |
| 07 Nov 2001 | 90213785 | Oriental Bank of Commerce | ₹65 Lakh | Satisfied | |
| 13 Feb 2001 | 90211026 | Oriental Bank of Commerce | ₹1 Cr | Satisfied | |
| 13 Feb 2000 | 90210996 | Oriental Bank of Commerce | ₹45 Lakh | Satisfied | |
| 12 Feb 1999 | 90213315 | Oriental Bank of Commerce Limited | ₹1 Cr | Satisfied |
To see the full charge records of Riko Chemicals Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Riko Chemicals Pvt Ltd has 5 court cases on record: 4 filed by Riko Chemicals, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed against the company by Artek Surfin Chemicals Ltd | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 3 Others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Sristi Chemicals and Minerals | Disposed |
To see the full case history of Riko Chemicals Pvt Ltd, 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 Riko Chemicals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riko Chemicals Pvt Ltd has a workforce of 83 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Riko Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR3384C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riko Chemicals Pvt Ltd, buy the company report.
Recent activity
Riko Chemicals Pvt Ltd has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Sandeep Gopal Shetty ceased to be Director on 31 Jul 2018.
10 earlier events are in the company report.
Frequently asked questions
Riko Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 31 May 1985 (41+ years old) and is registered under CIN U24100MH1985PTC036428.
Riko Chemicals has 3 current directors:
- Harish Vitthal Shetty - Director
- Murleedharan Shankaran Kurup - Director
- Raju Narayan Kavil - Director
The latest financial statements of Riko 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 Riko Chemicals is 27AABCR3384C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Riko Chemicals is U24100MH1985PTC036428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riko Chemicals has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Riko Chemicals was incorporated on 31 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Riko Chemicals by revenue are Macrotech Polychem Private Limited, Krishna Murari Organosys Private Limited, Flourish Paper & Chemicals Limited, Nice Chemicals Private Limited, Shree Ram Gum Chemicals Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sandeep Gopal Shetty ceased to be Director on 31 Jul 2018. Murleedharan Shankaran Kurup was appointed as Director on 16 Jun 1997. Harish Vitthal Shetty was appointed as Director on 27 Sep 1996. Riko Chemicals has 4 board changes on record in total.
Riko Chemicals can be reached through the website rikochemicals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Riko Chemicals is at 79 3rd Flr. Aditya Ind. Estate Behind Evershine Mall Devrukhkarwadi Chincholi Link Rd, Malad W, Mumbai, Maharashtra, India – 400064.
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