
Shetty Aromatics Private Limited
About Shetty Aromatics Private Limited
Data last updated:
Shetty Aromatics Private Limited is a private limited company based in Karnataka, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 23 November 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24244KA1987PTC008748. Its GSTIN is 29AABCS6988H1ZO (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Vijay Kumar Ballal (Managing Director) and Bina Ballal.
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 302 Tropical Villas 9 Thmain 1st Cross Kg Colony Bangalore, Karnataka, India.
As per MCA filings, the company has open charges of ₹25.22 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address302 Tropical Villas 9 Thmain 1st Cross Kg Colony Bangalore, Karnataka, India
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
- 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
- One PDF report, delivered after checkout
Financials of Shetty Aromatics Private Limited FY 2025 filings available
Shetty Aromatics Private Limited reported revenue of ₹1,710 (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shetty Aromatics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 95% fall 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 of Shetty Aromatics Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Shetty Aromatics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shetty Aromatics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Shetty Aromatics Private Limited
Shetty Aromatics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Ballal | Managing Director | 23 Nov 1987 | 38 Years 10 Months | Current |
| Bina Ballal | Director | 23 Nov 1987 | 38 Years 10 Months | Current |
Peer Comparison of Shetty Aromatics Private Limited
Shetty Aromatics Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Aromatics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khushboo Fragrance Private Limited | ₹3,510 (FY 2025) | •••• | •••• | 35.0% | •••• | Panvel, Maharashtra, India |
| Fragrochem Aromas Private Limited | ₹3,070 (FY 2024) | •••• | •••• | 12.0% | •••• | Navi Mumbai, Maharashtra, India |
| Serendimenthe India Private Limited | ₹2,542 (FY 2020) | •••• | •••• | -98.0% | •••• | Bareilly, Uttar Pradesh, India |
| Golden Glades Aromatics Pvt Ltd | ₹2,320 (FY 2025) | •••• | •••• | 104.0% | •••• | Pune, Maharashtra, India |
| Affine Fragrances Private Limited | ₹1,858 (FY 2024) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Shetty Aromatics Private Limited this company | ₹1,710 (FY 2025) | •••• | •••• | -95.0% | •••• | Karnataka, India |
| Srividhya Naturals & Aromatics Private Limited | ₹1,000 (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Suyash Herbs Export Private Limited | ₹171 (FY 2024) | •••• | •••• | -96.0% | •••• | Surat, Gujarat, India |
| Prasol Aromatics Private Limited | ₹114 (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Adp Fragrance Private Limited | ₹90 (FY 2024) | •••• | •••• | •••• | Navsari, Gujarat, India | |
| Nirmaan Aoudhyogik Rasayan Private Limited | ₹27 (FY 2018) | •••• | •••• | •••• | Saoner, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Shetty Aromatics by revenue in the Chemicals industry (Aromatics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shetty Aromatics Private Limited
Shetty Aromatics Private Limited is audited by K B NAMBIAR & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K B NAMBIAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shetty Aromatics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shetty Aromatics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2000 | Canara Bank | ₹3.6 Lakh | Open |
| 01 Jul 2000 | Canara Bank | ₹4.92 Lakh | Open |
| 11 Nov 1998 | Canara Bank | ₹3.2 Lakh | Open |
| 08 Nov 1997 | Canara Bank | ₹50,000 | Open |
| 13 Nov 1996 | Canara Bank | ₹3.5 Lakh | Open |
Total charge records: 10 View all charges
Legal Cases of Shetty Aromatics Private Limited
Shetty Aromatics Private Limited has 1 court case on record: 1 filed by Shetty Aromatics. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shetty Aromatics Private Limited
Employment history and EPFO contributions of people linked to Shetty Aromatics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shetty Aromatics Private Limited
Shetty Aromatics Private Limited has 2 board changes on record since 1987: 2 appointments. The latest: Bina Ballal was appointed as Director on 23 Nov 1987.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shetty Aromatics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shetty Aromatics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shetty Aromatics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shetty Aromatics Private Limited
Shetty Aromatics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS6988H1ZO | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shetty Aromatics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shetty Aromatics Private Limited
Shetty Aromatics is an active private limited company based in Karnataka, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 23 November 1987 (39+ years old) and is registered under CIN U24244KA1987PTC008748.
Shetty Aromatics has 2 current directors:
- Vijay Kumar Ballal - Managing Director
- Bina Ballal - Director
The GSTIN of Shetty Aromatics is 29AABCS6988H1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Shetty Aromatics is U24244KA1987PTC008748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shetty Aromatics has 1 court case on record: 1 filed by the company.
Shetty Aromatics was incorporated on 23 November 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shetty Aromatics by revenue are Khushboo Fragrance Private Limited, Fragrochem Aromas Private Limited, Serendimenthe India Private Limited, Golden Glades Aromatics Pvt Ltd, Affine Fragrances Private Limited and 5 more, all in the Chemicals industry (Aromatics).
Bina Ballal was appointed as Director on 23 Nov 1987. Vijay Kumar Ballal was appointed as Managing Director on 23 Nov 1987.
The registered office of Shetty Aromatics is at 302 Tropical Villas 9 Thmain 1st Cross Kg Colony Bangalore, Karnataka, India.
Shetty Aromatics has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh.
Shetty Aromatics operates in the chemicals and materials industry, in the aromatics and benzene derivatives segment.