Saltec Chemicals Private Limited

Saltec Chemicals Private Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U14220TN1995PTC030452 Incorporated 10 March 1995 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company chemicals and materials MSME · Micro
Revenue · FY 2024
₹1.06 Cr
▼ 34% YoY
Net profit · FY 2024
₹1.49 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹3.13 Lakh
EBITDA margin 2.9%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹2.17 Lakh
Issued & subscribed
Open charges
₹6.5 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Saltec Chemicals Private Limited

Data last updated:

Saltec Chemicals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 March 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U14220TN1995PTC030452. Its GSTIN is 33AADCS9920P1ZU (Tamil Nadu).

The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹2.17 Lakh. It is led by directors including Kowsalya Mariappan and Kandaswamy Mariappan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3 Cathedral Raodmadras 600 086 Madras 600 086, Chennai, Tamil Nadu, India – 600086.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.06 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 1.4%) and EBITDA of ₹3.13 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.

As per MCA filings, the company has open charges of ₹6.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Saltec Chemicals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0051471). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U14220TN1995PTC030452
Registration Number 030452
Incorporation Date 10 March 1995
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0051471
Key People
Kowsalya Mariappan Director Kandaswamy Mariappan Director Devipriya Ramadoss Director

Recognitions & Rankings of Saltec Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0051471

Contact details

Saltec Chemicals Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3 Cathedral Raodmadras 600 086 Madras 600 086, Chennai, Tamil Nadu, India – 600086
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Saltec Chemicals Private Limited, buy the company report.

Comprehensive company report
Saltec Chemicals 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 Saltec Chemicals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Saltec Chemicals Private Limited, buy the company report.

Financials of Saltec Chemicals Private Limited

FY 2024 filings available

Saltec Chemicals Private Limited reported revenue of ₹1.06 Cr (down 34% YoY) for FY 2024.

Revenue · FY 2024
₹1.06 Cr ▼ 34%
Net profit · FY 2024
₹1.49 Lakh margin 1.4%
EBITDA · FY 2024
₹3.13 Lakh margin 2.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 33%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 42%
5 years · compounded
▲ 50%

Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 34% fall in the latest year. EBITDA fell 45% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.49 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.9%
Net Profit Margin1.4%
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 Saltec Chemicals Private Limited, buy the company report.

Board of directors of Saltec Chemicals Private Limited

Saltec Chemicals has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kowsalya MariappanDirector10 Mar 199531 Years 8 MonthsCurrent
Kandaswamy MariappanDirector10 Mar 199531 Years 8 MonthsCurrent
Devipriya RamadossDirector17 Mar 200422 Years 7 MonthsCurrent
View all directors

Peer comparison

Saltec Chemicals Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kemefs Specialities Private Limited₹1.06 Cr (FY 2017)-72.0%Mumbai, Maharashtra, India
Saltec Chemicals Private Limitedthis company₹1.06 Cr (FY 2024)₹1.49 Lakh1.4%-34.0%Chennai, Tamil Nadu, India
Kundan International Private Limited₹1.06 Cr (FY 2025)-39.0%New Delhi, Delhi, India
Petroserve Oilfield Services Private Limited₹1.06 Cr (FY 2018)885.0%Vadodara, Gujarat, India
Aphrodite Renaissance Talkies Private Limited₹1.05 Cr (FY 2022)2625.0%Bangalore, Karnataka, India

To see the full peer comparison of Saltec Chemicals Private Limited, buy the company report.

Auditor

Saltec Chemicals Private Limited is audited by Ayyavoo & Co., for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ayyavoo & Co.,FY 20230000283S

Shareholding

The shareholding of Saltec Chemicals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saltec Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Dec 200910197482Canara Bank₹6.5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

Saltec Chemicals Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 7 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
SKM Subbaiah Pillai & Son

To see the full MSME payment records of Saltec Chemicals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Saltec Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCS9920P1ZUTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Saltec Chemicals Private Limited, buy the company report.

Recent activity

Saltec Chemicals Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Devipriya Ramadoss was appointed as Director on 17 Mar 2004.

AGM
Saltec Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saltec Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Canara Bank amounted to Rs. 6.50 Lakh with Charge ID 10197482 was registered on 29 Dec 2009.
Appointed
Devipriya Ramadoss was appointed as Director.
Appointed
Kandaswamy Mariappan was appointed as Director.
Appointed
Kowsalya Mariappan was appointed as Director.
Incorporation
10 Mar 1995
Saltec Chemicals Private Limited was registered on 10 Mar 1995 with Roc Chennai & aged 31 years 8 months as per MCA records.

Frequently asked questions

Saltec Chemicals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 March 1995 (31+ years old) and is registered under CIN U14220TN1995PTC030452.

Saltec Chemicals has 3 current directors:

The latest financial statements of Saltec Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Saltec Chemicals is 33AADCS9920P1ZU, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Saltec Chemicals is U14220TN1995PTC030452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saltec Chemicals has 1 court case on record: 1 filed by the company. 1 is pending.

Saltec Chemicals was incorporated on 10 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Saltec Chemicals by revenue are Kemefs Specialities Private Limited, Kundan International Private Limited, Petroserve Oilfield Services Private Limited, Aphrodite Renaissance Talkies Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).

Devipriya Ramadoss was appointed as Director on 17 Mar 2004. Kandaswamy Mariappan was appointed as Director on 10 Mar 1995. Kowsalya Mariappan was appointed as Director on 10 Mar 1995.

Yes, Saltec Chemicals is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0051471).

Saltec Chemicals has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Oct 2019.

The registered office of Saltec Chemicals is at 3 Cathedral Raodmadras 600 086 Madras 600 086, Chennai, Tamil Nadu, India – 600086.