- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0192341

Rishiraj Chemicals Pvt Ltd
About Rishiraj Chemicals Pvt Ltd
Data last updated:
Rishiraj Chemicals Pvt Ltd is a private limited company based in Thane, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 30 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1987PTC042390. Its GSTIN is 27AABCR0631E1ZV (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹24.76 Lakh. It was formerly known as Orkays Medicament Limited. It is led by directors including Mafatlal Manilal Pandya (Managing Director) and Surendra Kantilal Pandya (Whole-Time Director).
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 R/401 Ttc Indlareamidc Rabale, Thane, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.89 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹48.59 Lakh (net margin 4.5%) and EBITDA of ₹82.35 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹24.96 Lakh on record.
Rishiraj Chemicals Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0192341). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Rishiraj Chemicals
Contact details
Rishiraj Chemicals Pvt Ltd's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR/401 Ttc Indlareamidc Rabale, Thane, Maharashtra, India – 400701
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Rishiraj 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
Business activity
The main business activity of Rishiraj 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 Rishiraj Chemicals Pvt Ltd, buy the company report.
Financials of Rishiraj Chemicals Pvt Ltd
FY 2025 filings availableRishiraj Chemicals Pvt Ltd reported revenue of ₹10.89 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 27% growth in the latest year. EBITDA fell 8% 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 |
|---|---|---|---|---|---|
| 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 | ₹82.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 Rishiraj Chemicals Pvt Ltd, buy the company report.
Board of directors of Rishiraj Chemicals Pvt Ltd
Rishiraj Chemicals has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kantilal Pandya Also directs: Rishicreat Polymers LLP | Whole-Time Director | 04 Oct 1995 | 31 Years 0 Months | Current |
| Brijlata Surendra Pandya | Whole-Time Director | 04 Jul 1993 | 33 Years 3 Months | Current |
| Mafatlal Manilal Pandya Also directs: Rishicreat Polymers LLP | Managing Director | 04 Jul 1993 | 33 Years 3 Months | Current |
| Rekha Pradip Pandya Also directs: Rishicreat Polymers LLP | Whole-Time Director | 04 Jul 1993 | 33 Years 3 Months | Current |
Auditor
Rishiraj Chemicals Pvt Ltd is audited by PARESH DAVE & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARESH DAVE & COMPANY | FY 2022 | 107501W |
Shareholding
The shareholding of Rishiraj Chemicals Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rishiraj Chemicals Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 1996 | 90152336 | Bank of Baroda | ₹16 Lakh | Satisfied | |
| 21 Apr 1994 | 90150279 | Bank of Baroda | ₹3.96 Lakh | Satisfied | |
| 11 Apr 1994 | 90150276 | Bank of Baroda | ₹5 Lakh | Satisfied |
To see the full charge records of Rishiraj Chemicals Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Rishiraj Chemicals Pvt Ltd 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
Rishiraj Chemicals Pvt Ltd has 4 MSME Form 1 returns on record between 2021 and 2022, listing 43 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Soham Polymers Private Limited | |||
| Venus Sales Corporation Private Limited | |||
| Cilantro Chemicals Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Rishiraj Chemicals Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rishiraj Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR0631E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishiraj Chemicals Pvt Ltd, buy the company report.
Recent activity
Rishiraj Chemicals Pvt Ltd has 7 board changes on record since 1993: 4 appointments and 3 cessations. The latest: Mafatlal Manilal Pandya ceased to be Managing Director on 13 Mar 2020.
4 earlier events are in the company report.
Frequently asked questions
Rishiraj Chemicals is an active private limited company based in Thane, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 30 January 1987 (39+ years old) and is registered under CIN U24239MH1987PTC042390.
Rishiraj Chemicals has 4 current directors:
- Mafatlal Manilal Pandya - Managing Director
- Surendra Kantilal Pandya - Whole-Time Director
- Brijlata Surendra Pandya - Whole-Time Director
- Rekha Pradip Pandya - Whole-Time Director
The latest financial statements of Rishiraj 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 Rishiraj Chemicals is 27AABCR0631E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rishiraj Chemicals is U24239MH1987PTC042390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishiraj Chemicals was incorporated on 30 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Mafatlal Manilal Pandya ceased to be Managing Director on 13 Mar 2020. Pradeep Kantilal Pandya ceased to be Additional Director on 04 Aug 2018. Shankar Madhav Phadke ceased to be Whole-Time Director on 03 Mar 2016. Rishiraj Chemicals has 7 board changes on record in total.
Yes, Rishiraj Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0192341).
Rishiraj Chemicals has 4 MSME Form 1 returns on record between 2021 and 2022, listing 43 overdue payments to 22 micro and small suppliers. The latest return was filed on 03 Nov 2022.
The registered office of Rishiraj Chemicals is at R401 Ttc Indlareamidc Rabale, Thane, Maharashtra, India – 400701.
Rishiraj Chemicals operates in the chemicals and materials industry, in the industrial chemicals segment.