MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0030752
Satol Chemicals Limited - chemicals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹62.28 Cr
▲ 31% YoY
Net profit · FY 2025
₹6.29 Cr
Net margin 10.1%
EBITDA · FY 2025
₹8.38 Cr
EBITDA margin 13.5%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹11.16 Cr
Issued & subscribed
Open charges
₹20.3 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
118
Provident fund records
About Satol Chemicals Limited
Data last updated:
Satol Chemicals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2020PLC348489. Its GSTIN is 24ABECS7337J1Z3 (Gujarat).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹11.16 Cr. It is led by directors including Bhavesh Thakarshibhai Parsana (Managing Director) and Fayyaz Ahmed.
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 102 Shreemad Gokul Apartments Chs Ltd Near Mcf Club Off S V Road Borivali (W, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.28 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹6.29 Cr (net margin 10.1%) and EBITDA of ₹8.38 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company has about 118 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.3 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Satol Chemicals Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0030752). For more details, the company can be reached via its website satol.net.
Company details
CIN U24290MH2020PLC348489
Registration Number 348489
Incorporation Date 23 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0030752
CIN history
Satol Chemicals has one previous CIN (Corporate Identification Number): U24290MH2020PTC348489. The current CIN is U24290MH2020PLC348489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24290MH2020PLC348489 | Current |
| U24290MH2020PTC348489 | Previous |
Key People
Bhavesh Thakarshibhai Parsana Managing Director Fayyaz Ahmed Director Dnyanesh Vishnu Darshane Director Recognitions & Rankings of Satol Chemicals
Contact details
Satol Chemicals Limited's registered office is in Mumbai, Maharashtra.
- Registered Address102 Shreemad Gokul Apartments Chs Ltd Near Mcf Club Off S V Road Borivali (W, Mumbai, Maharashtra, India – 400092
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
Comprehensive company report
Satol Chemicals 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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Business activity
The main business activity of Satol 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 Satol Chemicals Limited, buy the company report.
Financials of Satol Chemicals Limited
FY 2024 filings availableSatol Chemicals Limited reported revenue of ₹62.28 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹62.28 Cr ▲ 31%
Net profit · FY 2025
₹6.29 Cr margin 10.1%
EBITDA · FY 2025
₹8.38 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 102%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 31% growth in the latest year. EBITDA rose 13% 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 | ₹8.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.29 Cr | ||||
| Balance Sheet | |||||
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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 | 13.5% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Satol Chemicals Limited, buy the company report.
Board of directors of Satol Chemicals Limited
Satol Chemicals has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fayyaz Ahmed | Director | 29 Mar 2024 | 2 Years 7 Months | Current |
| Dnyanesh Vishnu Darshane | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Vikas Paliwal Also directs: Quanto Agroworld Limited, Varaha Infra Limited, Mopshop Distribution Limited and 2 more | Director | 10 Jul 2025 | 1 Years 3 Months | Current |
| Bhavesh Thakarshibhai Parsana | Managing Director | 23 Oct 2020 | 6 Years 0 Months | Current |
| Anandkumar Dolatrai Patel Also directs: Hue Pigments and Resins LLP | Director | 22 Sep 2025 | 1 Years 1 Months | Current |
| Ravikumar Shriram Malkhede Also directs: Ravico Agro Food Products Private Limited | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Satol Chemicals Limited is compared with the 6 companies closest to it by revenue in the FMCG industry (Home Care Products, Specialty 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 |
|---|---|---|---|---|---|---|
| The Bhor Chemicals and Plastics Private Limited | ₹62.57 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Revocoat India Private Limited | ₹62.53 Cr (FY 2025) | 10.0% | Commune, Pondicherry-605 107, Pondicherry, India | |||
| Vijay Enterprises Pvt Ltd | ₹62.31 Cr (FY 2024) | -2.0% | Ahmedabad, Gujarat, India | |||
| Satol Chemicals Limitedthis company | ₹62.28 Cr (FY 2025) | ₹6.29 Cr | 10.1% | 31.0% | Mumbai, Maharashtra, India | |
| Goodbuy Soaps and Cosmetics Private Limited | ₹61.67 Cr (FY 2024) | -20.0% | Palakkad, Kerala, India | |||
| Revachemical Private Limited | ₹61.42 Cr (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Swati Petro Products Private Limited | ₹61.18 Cr (FY 2024) | -16.0% | Thane, Maharashtra, India |
To see the full peer comparison of Satol Chemicals Limited, buy the company report.
Charges & borrowings
Open charges
₹20.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2021 | 100447884 | Hdfc Bank Limited | ₹20.3 Cr | Open |
To see the full charge records of Satol Chemicals Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Satol Chemicals Limited has 3 court cases on record: 3 filed by Satol Chemicals. All cases are pending.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Amara Breweries Pvt Ltd and 6 Ors and 7 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Subham Enterprises Proprietorship Firm and 1 Ors. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Bluevet Pharmaceuticals Through Its Proprietor Surendra Rai | Pending |
To see the full case history of Satol Chemicals 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
No delayed payments to MSME suppliers are on our record for Satol Chemicals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satol Chemicals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABECS7337J1Z3 | Gujarat | Active | 24 Nov 2020 |
To see the full GST registrations and return filing status of Satol Chemicals Limited, buy the company report.
Recent activity
Satol Chemicals Limited has 15 board changes on record since 2020: 8 appointments and 7 cessations. The latest: Anandkumar Dolatrai Patel ceased to be Additional Director on 29 Sep 2025.
Ceased
Anandkumar Dolatrai Patel ceased to be Additional Director.
Ceased
Prakashchandra Dhanalal Trivedi ceased to be Additional Director.
Ceased
Vikas Paliwal ceased to be Additional Director.
Appointed
Anandkumar Dolatrai Patel was appointed as Director.
Appointed
Prakashchandra Dhanalal Trivedi was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 20.30 Cr registered on 28 Apr 2021 with Charge ID 100447884 was modified on 04 Aug 2025.
Appointed
Vikas Paliwal was appointed as Director.
Ceased
Darshil Hemendrakumar Shah ceased to be Director.
Ceased
Shivani Kapoor ceased to be Director.
AGM
Satol Chemicals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Dnyanesh Vishnu Darshane was appointed as Director.
Appointed
Ravikumar Shriram Malkhede was appointed as Director.
8 earlier events are in the company report.
Frequently asked questions
Satol Chemicals is an active public limited company based in Mumbai, Maharashtra, India. The company works in chemical products, within the chemicals industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U24290MH2020PLC348489.
Satol Chemicals has 8 current directors:
- Bhavesh Thakarshibhai Parsana - Managing Director
- Fayyaz Ahmed - Director
- Dnyanesh Vishnu Darshane - Director
- Vikas Paliwal - Director
- Anandkumar Dolatrai Patel - Director
- Ravikumar Shriram Malkhede - Director
- Mayuri Bhavesh Parsana - Director
- Prakashchandra Dhanalal Trivedi - Director
The latest financial statements of Satol 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 FY 2021 are in the company report.
The GSTIN of Satol Chemicals is 24ABECS7337J1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Satol Chemicals is U24290MH2020PLC348489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satol Chemicals has 3 court cases on record: 3 filed by the company. 3 are pending.
Satol Chemicals was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Satol Chemicals by revenue are The Bhor Chemicals and Plastics Private Limited, Revocoat India Private Limited, Vijay Enterprises Pvt Ltd, Goodbuy Soaps and Cosmetics Private Limited, Revachemical Private Limited and 1 more, all in the FMCG industry (Home Care Products, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anandkumar Dolatrai Patel ceased to be Additional Director on 29 Sep 2025. Prakashchandra Dhanalal Trivedi ceased to be Additional Director on 29 Sep 2025. Vikas Paliwal ceased to be Additional Director on 29 Sep 2025. Satol Chemicals has 15 board changes on record in total.
Yes, Satol Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0030752).
Satol Chemicals can be reached through the website satol.net. Its registered office is in Mumbai, Maharashtra, India.
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