
About Diversey India Hygiene Private Limited
Data last updated:
Diversey India Hygiene Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Diamond (Bc) Netherlands Holding B.V.. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 04 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1998PTC247909. Its GSTIN is 27AABCC1597Q1Z2 (Maharashtra). The company holds 15 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹12.43 Cr. It was formerly known as Sealed Air (India) Private Limited and Cryovac India Private Limited. It is led by directors including Chintan Sheth and Brijesh Pratap Singh Virendra Rathore.
Its last annual general meeting (AGM) was held on 16 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 501 5th Floor Ackruti Centre Point MIDC Central Road, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹977.55 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹184.31 Cr (net margin 18.9%) and EBITDA of ₹278.79 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 9% over five years.
The company has about 491 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Diversey. As per MCA filings, the company has open charges of ₹2.8 Cr on record. Court records list 29 cases involving the company, including 21 filed by the company and 8 filed against it; 4 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹569.2 Cr; the latest was in December 2018. Its 4 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 1 smaller; the largest is Advanced Performance Materials Private Limited with revenue of ₹1,064.77 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 188 overdue payments to 28 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diversey.com.
Company details
Name history
Diversey India Hygiene has undergone 2 name changes throughout its history. The company was previously known as Sealed Air (India) Private Limited, and Cryovac India Private Limited. The current legal name is Diversey India Hygiene Private Limited.
| Company Name | Status |
|---|---|
| Diversey India Hygiene Private Limited | Current |
| Sealed Air (India) Private Limited | Previous |
| Cryovac India Private Limited | Previous |
CIN history
Diversey India Hygiene has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH1998PTC247909, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1998PTC247909 | Current |
| U63022MH1998PTC247909 | Previous |
| U63022KA1998PTC023344 | Previous |
Contact details
Diversey India Hygiene Private Limited's registered office is in Mumbai, Maharashtra. Its website is diversey.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 5th Floor Ackruti Centre Point MIDC Central Road, Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Diversey India Hygiene Private Limited, 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
Brands
Diversey India Hygiene operates one associated brand: Diversey. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water treatment and hygiene solutions are provided for various industries. | diversey.com |
Business activity
The main business activity of Diversey India Hygiene 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 Diversey India Hygiene Private Limited, buy the company report.
Financials of Diversey India Hygiene Private Limited
FY 2024 filings availableDiversey India Hygiene Private Limited reported revenue of ₹977.55 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 13% growth in the latest year. EBITDA rose 21% 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 | ₹278.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹184.31 Cr | ||||
| 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 | 28.5% | ||||
| Net Profit Margin | 18.9% | ||||
| 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 Diversey India Hygiene Private Limited, buy the company report.
Board of directors of Diversey India Hygiene Private Limited
Diversey India Hygiene has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Sheth | Director | 18 Jan 2023 | 3 Years 9 Months | Current |
| Brijesh Pratap Singh Virendra Rathore | Director | 18 Jan 2023 | 3 Years 9 Months | Current |
| Cornelis Floor Saarloos | Director | 20 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Diversey India Hygiene Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial 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 |
|---|---|---|---|---|---|---|
| Advanced Performance Materials Private Limited | ₹1,064.77 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| G K N Chemical India Private Limited | ₹1,061.66 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India | |||
| Agrocel Industries Private Limited | ₹990.54 Cr (FY 2025) | 6.0% | Bhachau, Gujarat, India | |||
| Diversey India Hygiene Private Limitedthis company | ₹977.55 Cr (FY 2025) | ₹184.31 Cr | 18.9% | 13.0% | 491 | Mumbai, Maharashtra, India |
| Chemspec Chemicals Private Limited | ₹974.7 Cr (FY 2025) | 0.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Diversey India Hygiene Private Limited, buy the company report.
Auditor
Diversey India Hygiene Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Diversey India Hygiene 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diversey India Hygiene Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2019 | 100287073 | Citi Bank N.A. | ₹2.8 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Diversey India Hygiene Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹569.2 Cr; the latest was in December 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Diamond (BC) Netherlands Holding B.V, an individual Seller: Professional Shareholding Inc, Diversey Inc |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Professional Shareholding Inc Seller: Cryovac International Holdings Inc, Cryovac Inc |
| Sep 2017 | Secondary share transfer | Undisclosed | Seller: Cryovac International Holdings Inc |
| Mar 2016 | Funding round | ₹569.2 Cr | Investors: Diversey Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Diversey India Hygiene Private Limited has 29 court cases on record: 21 filed by Diversey India Hygiene, 8 filed against it. 4 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 8 | 3 |
| High courts | 9 | 0 | 1 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Orient Press Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Buzil Rossari Private Limited and 2 others | Disposed |
| Bombay High Court | Commercial suit | Filed by the company against Buzil Rossari Private Limited and 2 others | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against Varsed Detectives and Securities Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Counter Claim) | Filed by the company against Orient Press Ltd | Disposed |
To see the full case history of Diversey India Hygiene 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
Diversey India Hygiene Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 188 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mulakh Raj -Chandigargh | |||
| an individual supplier | |||
| Rishabh Metals & Chemicals Private Limited | |||
| Vitrag Chemicals Private Limited | |||
| Vimal Life Sciences Private Limited |
To see the full MSME payment records of Diversey India Hygiene Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Diversey India Hygiene Private Limited has a workforce of 491 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Diversey India Hygiene has 15 GST registrations: 9 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC1597Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCC1597Q2Z1 | Maharashtra | Active | 06 Jul 2017 |
| 27AABCC1597Q3Z0 | Maharashtra | Active | 30 Dec 2020 |
| 02AABCC1597Q1ZE | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diversey India Hygiene Private Limited, buy the company report.
Recent activity
Diversey India Hygiene Private Limited has 35 board changes on record since 1999: 19 appointments and 16 cessations. The latest: Bharat Pawan Agrawal ceased to be Director on 12 Nov 2025.
27 earlier events are in the company report.
News
Frequently asked questions
Diversey India Hygiene is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 04 February 1998 (28+ years old) and is registered under CIN U74110MH1998PTC247909.
Diversey India Hygiene has 3 current directors:
- Chintan Sheth - Director
- Brijesh Pratap Singh Virendra Rathore - Director
- Cornelis Floor Saarloos - Director
The latest financial statements of Diversey India Hygiene on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Diversey India Hygiene is 27AABCC1597Q1Z2, registered in Maharashtra. The company has 15 GST registrations in all, of which 9 are active and 6 are cancelled or inactive. Other active GSTINs include 27AABCC1597Q2Z1 (Maharashtra), 27AABCC1597Q3Z0 (Maharashtra), 02AABCC1597Q1ZE (Himachal Pradesh).
The CIN (Corporate Identification Number) of Diversey India Hygiene is U74110MH1998PTC247909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diversey India Hygiene has 29 court cases on record: 21 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Diversey India Hygiene was incorporated on 04 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Diversey India Hygiene has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹569.2 Cr; the latest was in December 2018.
The peers of Diversey India Hygiene by revenue are Advanced Performance Materials Private Limited, G K N Chemical India Private Limited, Agrocel Industries Private Limited, Chemspec Chemicals Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bharat Pawan Agrawal ceased to be Director on 12 Nov 2025. Cornelis Floor Saarloos was appointed as Director on 20 Aug 2024. Shobha Swarup ceased to be Director on 20 Aug 2024. Diversey India Hygiene has 35 board changes on record in total.
Diversey India Hygiene has 11 MSME Form 1 returns on record between 2019 and 2024, listing 188 overdue payments to 28 micro and small suppliers. The latest return was filed on 03 May 2024.
Diversey India Hygiene can be reached through the website diversey.com. Its registered office is in Mumbai, Maharashtra, India.