MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-28-0010347
Riverside Industries Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹230.29 Cr
▲ 13% YoY
Net loss · FY 2025
₹81.07 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹4.82 Cr
EBITDA margin 2.1%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹6.17 Cr
Issued & subscribed
Open charges
₹16 Cr
Satisfied ₹16.91 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
22
Provident fund records
About Riverside Industries Private Limited
Data last updated:
Riverside Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the colorants segment of the chemicals and materials sector. It was incorporated on 03 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1987PTC042772. Its GSTIN is 27AABCR3234P1Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.17 Cr. It was formerly known as Riverside Chemicals and Pharmaceuticals Private Limited. It is led by directors including Karan Dipakkumar Mulchandani and Vijay Chandrakant Mulchandani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1204 Aston Tower Sundervan Complex Lokhandwala Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹230.29 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹81.07 Lakh (net margin -0.4%) and EBITDA of ₹4.82 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹16.91 Cr on record. Court records list 41 cases involving the company, including 5 filed by the company and 36 filed against it; 1 case is pending.
Riverside Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-28-0010347). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riversideind.com.
Company details
CIN U24110MH1987PTC042772
Registration Number 042772
Incorporation Date 03 March 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-28-0010347
Name history
Riverside Industries has undergone 2 name changes throughout its history. The company was previously known as Riverside Chemicals And Pharmaceuticals Private Limited, and Riverside Industries Private Limited. The current legal name is Riverside Industries Private Limited.
| Company Name | Status |
|---|---|
| Riverside Industries Private Limited | Current |
| Riverside Chemicals And Pharmaceuticals Private Limited | Previous |
CIN history
Riverside Industries has one previous CIN (Corporate Identification Number): U24110MH1987PLC042772. The current CIN is U24110MH1987PTC042772, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1987PTC042772 | Current |
| U24110MH1987PLC042772 | Previous |
Key People
Karan Dipakkumar Mulchandani Director Vijay Chandrakant Mulchandani Director Rajeshkumar Chandrakant Mulchandani Director Recognitions & Rankings of Riverside Industries
Contact details
Riverside Industries Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address1204 Aston Tower Sundervan Complex Lokhandwala Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
Comprehensive company report
Riverside Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Riverside Industries 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 Riverside Industries Private Limited, buy the company report.
Financials of Riverside Industries Private Limited
FY 2025 filings availableRiverside Industries Private Limited reported revenue of ₹230.29 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹230.29 Cr ▲ 13%
Net loss · FY 2025
₹81.07 Lakh margin -0.4%
EBITDA · FY 2025
₹4.82 Cr margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 5%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 14%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 13% growth in the latest year. EBITDA fell 11% 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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| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹81.07 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 2.1% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Riverside Industries Private Limited, buy the company report.
Board of directors of Riverside Industries Private Limited
Riverside Industries 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 |
|---|---|---|---|---|
| Karan Dipakkumar Mulchandani | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Vijay Chandrakant Mulchandani | Director | 09 Jan 2015 | 11 Years 9 Months | Current |
| Rajeshkumar Chandrakant Mulchandani | Director | 08 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Riverside Industries Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), 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 |
|---|---|---|---|---|---|---|
| Voxco Pigments and Chemicals Private Limited | ₹251.25 Cr (FY 2025) | 13.0% | Pardi, Gujarat, India | |||
| Rex-Tone Industries Limited | ₹246.85 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Colorband Dyestuff Private Limited | ₹241.33 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Subhasri Pigments Private Limited | ₹232.91 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Jaysynth Orgochem Limited | ₹231.47 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Riverside Industries Private Limitedthis company | ₹230.29 Cr (FY 2025) | -₹81.07 Lakh | -0.4% | 13.0% | Mumbai, Maharashtra, India | |
| Loxim Industries Limited | ₹227.28 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India | |||
| The Tata Pigments Limited | ₹220.34 Cr (FY 2025) | -6.0% | Jamshedpur, Jharkhand, India | |||
| The Arasan Aluminium Industries Private Limited | ₹215.73 Cr (FY 2025) | 23.0% | Sivakasi, Tamil Nadu, India |
To see the full peer comparison of Riverside Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
₹16.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2022 | 100544778 | Others | ₹16 Cr | Open | |
| 23 Mar 2002 | 90231113 | Sun Pigments Llp | ₹3.31 Cr | Satisfied | |
| 05 Sep 1995 | 90230850 | Sun Pigments Llp | ₹12.35 Cr | Satisfied | |
| 12 Jul 1991 | 90230665 | Sun Pigments Llp | ₹19.38 Lakh | Satisfied | |
| 15 Sep 1989 | 90230594 | Sun Pigments Llp | ₹39 Lakh | Satisfied |
To see the full charge records of Riverside Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Riverside Industries Private Limited has 41 court cases on record: 5 filed by Riverside Industries, 36 filed against it. 1 case is pending and 40 are disposed.
Total cases
41
Filed by the company
5
Filed against the company
36
Pending
1
Disposed
40
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 19 | 1 |
| District courts | 18 | 17 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M/S Samriti Chemicals Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by M/S Samriti Chemicals Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by Samriti Chemicals Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Samriti Chemicals Ltd. | Disposed |
| Bombay High Court | Court case (BIFR) | Filed against the company by The Board for Industrial and Financial Reconstruction | Pending |
To see the full case history of Riverside Industries 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
Riverside Industries Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 71 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Inwac Metals and Chemicals Pvt Ltd | |||
| KPS Metals | |||
| Interport Global Logistics Private Limited | |||
| Sahjanand Chem Industries | |||
| Upra Chem Pvt Ltd |
To see the full MSME payment records of Riverside Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Riverside Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR3234P1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riverside Industries Private Limited, buy the company report.
Recent activity
Riverside Industries Private Limited has 12 board changes on record since 2006: 3 appointments and 9 cessations. The latest: Amrita Nautiyal ceased to be Additional Director on 29 Sep 2024.
AGM
Riverside Industries Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Riverside Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 16.00 Cr registered on 25 Feb 2022 with Charge ID 100544778 was modified on 25 Mar 2025.
Ceased
Amrita Nautiyal ceased to be Additional Director.
Ceased
Kunal Rajeshkumar Mulchandani ceased to be Director.
Ceased
Rajesh Kumar Agrawal ceased to be Additional Director.
Ceased
Anita Rameshprasad Jaiswal ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100544778 was registered on 25 Feb 2022.
Charges
A charge registered on 23 Mar 2002 via Charge ID 90231113 with Sun Pigments Llp was fully satisfied on 25 Feb 2017.
Charges
A charge registered on 05 Sep 1995 via Charge ID 90230850 with Sun Pigments Llp was fully satisfied on 25 Feb 2017.
Charges
A charge registered on 12 Jul 1991 via Charge ID 90230665 with Sun Pigments Llp was fully satisfied on 25 Feb 2017.
Charges
A charge registered on 15 Sep 1989 via Charge ID 90230594 with Sun Pigments Llp was fully satisfied on 25 Feb 2017.
29 earlier events are in the company report.
Frequently asked questions
Riverside Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in colorants, within the chemicals and materials industry. It was incorporated on 03 March 1987 (39+ years old) and is registered under CIN U24110MH1987PTC042772.
Riverside Industries has 3 current directors:
- Karan Dipakkumar Mulchandani - Director
- Vijay Chandrakant Mulchandani - Director
- Rajeshkumar Chandrakant Mulchandani - Director
The latest financial statements of Riverside Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Riverside Industries is 27AABCR3234P1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Riverside Industries is U24110MH1987PTC042772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riverside Industries has 41 court cases on record: 5 filed by the company and 36 filed against it. 1 is pending. Most are in the high courts.
Riverside Industries was incorporated on 03 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Riverside Industries by revenue are Voxco Pigments and Chemicals Private Limited, Rex-Tone Industries Limited, Colorband Dyestuff Private Limited, Subhasri Pigments Private Limited, Jaysynth Orgochem Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Amrita Nautiyal ceased to be Additional Director on 29 Sep 2024. Kunal Rajeshkumar Mulchandani ceased to be Director on 01 Oct 2023. Rajesh Kumar Agrawal ceased to be Additional Director on 30 Sep 2023. Riverside Industries has 12 board changes on record in total.
Yes, Riverside Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-28-0010347).
Riverside Industries has 11 MSME Form 1 returns on record between 2019 and 2023, listing 71 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Riverside Industries can be reached through the website riversideind.com. Its registered office is in Mumbai, Maharashtra, India.