India's Richest People 2026 edition · 1 director · Source: Hurun India
- #824 Ramakant Tibrewala & family ₹3,700 Cr
Sapin Chemicals Private Limited
Sapin Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company chemicals and materials
Revenue · FY 2024
₹7.12 Lakh
▼ 43% YoY
Net profit · FY 2024
₹1.49 Lakh
Net margin 20.9%
EBITDA · FY 2024
₹2 Lakh
EBITDA margin 28.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Satisfied charges
₹25 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
About Sapin Chemicals Private Limited
Data last updated:
Sapin Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 17 May 1996 and has been in existence for over 30 years.
Its director Ramakant Tibrewala and family are #824 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24112MH1996PTC099657. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors Ramakant Jagdishprasad Tibrewala and Kishorilal Gajanand Kedia.
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 C O Jagdish Textiles Premisessuryodaya Mills Compound, Mumbai, Maharashtra, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.12 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 20.9%) and EBITDA of ₹2 Lakh (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 20% over five years.
As per MCA filings, the company has satisfied charges of ₹25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24112MH1996PTC099657
Registration Number 099657
Incorporation Date 17 May 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Sapin Chemicals
Contact details
Sapin Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC O Jagdish Textiles Premisessuryodaya Mills Compound, Mumbai, Maharashtra, India
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Sapin Chemicals Private Limited, buy the company report.
Comprehensive company report
Sapin 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
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Financials of Sapin Chemicals Private Limited
FY 2025 filings availableSapin Chemicals Private Limited reported revenue of ₹7.12 Lakh (down 43% YoY) for FY 2024.
Revenue · FY 2024
₹7.12 Lakh ▼ 43%
Net profit · FY 2024
₹1.49 Lakh margin 20.9%
EBITDA · FY 2024
₹2 Lakh margin 28.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 7%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 6%
5 years · compounded
▼ 3%
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.1% | ||||
| Net Profit Margin | 20.9% | ||||
| 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 Sapin Chemicals Private Limited, buy the company report.
Board of directors of Sapin Chemicals Private Limited
Sapin Chemicals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakant Jagdishprasad Tibrewala Also directs: Jagdish Textiles Private Limited, Rambrimah Farms LLP, Halo Snacks Private Limited and 5 more | Director | 15 Jul 1996 | 30 Years 3 Months | Current |
| Kishorilal Gajanand Kedia Also directs: Roha Agri Developers Private Limited, Jagdish Textiles Private Limited, Jaytex Dyes and Chemicals Private Limited and 5 more | Director | 26 Aug 1996 | 30 Years 2 Months | Current |
Peer comparison
Sapin Chemicals Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deepshree Wall Care Private Limited | ₹8.99 Lakh (FY 2025) | Jhotwara, Rajasthan, India | ||||
| Alchemy Leather Pigments & Auxillaries Private Limited | ₹8.91 Lakh (FY 2024) | -62.0% | Kanchipuram, Tamil Nadu, India | |||
| Jaysynth Colour Industries Pvt Ltd | ₹8.89 Lakh (FY 2025) | 867.0% | Mumbai, Maharashtra, India | |||
| Shri Kalbhairav Colour Chem Private Limited | ₹8.2 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Saptavarna Colourants Private Limited | ₹7.17 Lakh (FY 2025) | -85.0% | Mumbai, Maharashtra, India | |||
| Sapin Chemicals Private Limitedthis company | ₹7.12 Lakh (FY 2024) | ₹1.49 Lakh | 20.9% | -43.0% | Mumbai, Maharashtra, India | |
| Ritu Colour Chem Private Limited | ₹7.09 Lakh (FY 2025) | -99.0% | Surat, Gujarat, India | |||
| Mithila Dyeing & Chemicals Private Limited | ₹7.03 Lakh (FY 2024) | -38.0% | Ghaziabad, Uttar Pradesh, India | |||
| Furious Multitrade Private Limited | ₹6.87 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Minithol Dyes Pvt Ltd | ₹6.56 Lakh (FY 2025) | 672.0% | Ahmedabad, Gujarat, India | |||
| Savya Organics Private Limited | ₹6.29 Lakh (FY 2017) | -94.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sapin Chemicals Private Limited, buy the company report.
Auditor
Sapin Chemicals Private Limited is audited by G R & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R & ASSOCIATES | FY 2019 | 130459W |
Shareholding
The shareholding of Sapin Chemicals Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sapin Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10599672 | Export Import Bank of India | ₹25 Cr | Satisfied |
To see the full charge records of Sapin Chemicals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sapin Chemicals Private Limited 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
No delayed payments to MSME suppliers are on our record for Sapin Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sapin Chemicals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Sapin Chemicals Private Limited, buy the company report.
Recent activity
Sapin Chemicals Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Sushma Ramakant Tibrewala ceased to be Director on 29 Apr 2019.
AGM
Sapin Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sapin Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 29 Sep 2015 via Charge ID 10599672 with Export Import Bank Of India was fully satisfied on 31 Jan 2024.
Ceased
Sushma Ramakant Tibrewala ceased to be Director.
Charges
A charge with Export Import Bank Of India amounted to Rs. 2,500.00 Lakh with Charge ID 10599672 was registered on 29 Sep 2015.
Appointed
Kishorilal Gajanand Kedia was appointed as Director.
Appointed
Ramakant Jagdishprasad Tibrewala was appointed as Director.
Incorporation
17 May 1996
Sapin Chemicals Private Limited was registered on 17 May 1996 with Roc Mumbai I & aged 30 years 5 months as per MCA records.
Frequently asked questions
Sapin Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 17 May 1996 (30+ years old) and is registered under CIN U24112MH1996PTC099657.
Sapin Chemicals has 2 current directors:
- Ramakant Jagdishprasad Tibrewala - Director
- Kishorilal Gajanand Kedia - Director
The latest financial statements of Sapin 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.
No. Sapin Chemicals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sapin Chemicals is U24112MH1996PTC099657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sapin Chemicals was incorporated on 17 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sapin Chemicals by revenue are Deepshree Wall Care Private Limited, Alchemy Leather Pigments & Auxillaries Private Limited, Jaysynth Colour Industries Pvt Ltd, Shri Kalbhairav Colour Chem Private Limited, Saptavarna Colourants Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
Sushma Ramakant Tibrewala ceased to be Director on 29 Apr 2019. Kishorilal Gajanand Kedia was appointed as Director on 26 Aug 1996. Ramakant Jagdishprasad Tibrewala was appointed as Director on 15 Jul 1996.
The registered office of Sapin Chemicals is at C O Jagdish Textiles Premisessuryodaya Mills Compound, Mumbai, Maharashtra, India.
Sapin Chemicals operates in the chemicals and materials industry, in the dyes and pigments segment.
Sapin Chemicals has no open charges and satisfied charges of ₹25 Cr as per latest MCA filings.
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