Shiv Texchem Limited
About Shiv Texchem Limited
Data last updated:
Shiv Texchem Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 31 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24110MH2005PLC152341. Its GSTIN is 27AAICS8906N2ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544272.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.17 Cr. It is led by directors including Vikas Pavankumar (Managing Director) and Neha Hemanshu Chokhani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,776.07 Cr, a growth of 26.1% compared to the previous year. For the same year it recorded a net profit of ₹77.82 Cr (net margin 2.8%) and EBITDA of ₹136.05 Cr (EBITDA margin 4.9%). The net worth stands at ₹410.66 Cr (up 23.4% YoY). Total assets are valued at ₹1,111.34 Cr (up 49.7% YoY).
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,153.17 Cr and satisfied charges of ₹207.45 Cr on record. Court records list 17 cases involving the company, including 10 filed by the company and 7 filed against it; 10 cases are pending. The company has 8 deals on record (3 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹66.2 Cr; the latest was in October 2024. Its 5 peer companies in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Jupiter Dye Chem Private Limited with revenue of ₹3,363.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shiv Texchem has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24110MH2005PLC152341, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24110MH2005PLC152341 | Current |
| U24110MH2005PLC152341 | Previous |
| U24110MH2005PTC152341 | Previous |
Contact details
Shiv Texchem Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKamla Space Unit No. 216 2nd Floor Khira Nagar Tps III S.V.Road Santacruz, (West), Mumbai, Maharashtra, India – 400054
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Shiv Texchem 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
Financials of Shiv Texchem Limited
FY 2025-26 filings availableShiv Texchem Limited reported revenue of ₹2,776.07 Cr (up 26.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 2,776 | 2,202 | 1,535 | 1,118 | 859 | 334 |
| Revenue growth | +26.1% | +43.4% | +37.3% | +30.2% | +157.1% | - |
| EBITDA | 136 | 86.12 | 58.04 | 36.03 | 15.93 | 16.71 |
| EBITDA margin | +4.9% | +3.9% | +3.8% | +3.2% | +1.9% | +5.0% |
| Profit before tax | 107 | 65.63 | 40.75 | 21.56 | 18.68 | 11.65 |
| Net profit | 77.82 | 48.12 | 30.04 | 16.05 | 11.91 | 8.64 |
| Net profit margin | +2.8% | +2.2% | +2.0% | +1.4% | +1.4% | +2.6% |
| EPS (₹) | 33.58 | 20.76 | 140.86 | 100.17 | 86.66 | 108.01 |
| Balance sheet | ||||||
| Total assets | 1,111 | 742 | 490 | 452 | 227 | 149 |
| Net worth | 411 | 333 | 193 | 123 | 107 | 27.67 |
| Total debt | 701 | 409 | 297 | 329 | 120 | 122 |
| Cash & bank | 175 | 245 | 181 | 134 | 104 | 15.13 |
| Net working capital | 1,105 | 739 | 488 | 450 | 224 | 148 |
| Cash flow | ||||||
| Cash from operations | (327) | (116) | 58.34 | (162) | 28.25 | (81.03) |
| Cash from investing | 0.08 | (0.28) | (0.08) | (0.78) | (0.29) | 0.10 |
| Cash from financing | 256 | 181 | (11.37) | 193 | 60.54 | 95.45 |
| Particulars | Sep 2024 | Jun 2024 |
|---|---|---|
| Revenue | 465 | 566 |
| Other income | 1.02 | 1.03 |
| Total expenses | 447 | 548 |
| EBITDA | 17.30 | 17.83 |
| EBITDA margin | +3.7% | +3.1% |
| Depreciation | 0.06 | 0.06 |
| Interest | 3.87 | 5.23 |
| Profit before tax | 14.39 | 13.57 |
| Tax | 3.81 | 3.52 |
Financial Statements
| Particulars | Sep 2024 | Jun 2024 |
|---|---|---|
| Revenue | 465 | 566 |
| Other income | 1.02 | 1.03 |
| Total expenses | 447 | 548 |
| EBITDA | 17.30 | 17.83 |
| EBITDA margin | +3.7% | +3.1% |
| Depreciation | 0.06 | 0.06 |
| Interest | 3.87 | 5.23 |
| Profit before tax | 14.39 | 13.57 |
| Tax | 3.81 | 3.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 2,776 | 2,202 | 1,535 | 1,118 | 859 | 334 |
| Revenue growth | +26.1% | +43.4% | +37.3% | +30.2% | +157.1% | - |
| Other income | 6.02 | 3.19 | 1.78 | 1.08 | 6.82 | 0.57 |
| Total expenses | 2,640 | 2,116 | 1,477 | 1,082 | 843 | 317 |
| Employee cost | 5.19 | 4.55 | 3.42 | 2.69 | 2.07 | 1.30 |
| EBITDA | 136 | 86.12 | 58.04 | 36.03 | 15.93 | 16.71 |
| EBITDA margin | +4.9% | +3.9% | +3.8% | +3.2% | +1.9% | +5.0% |
| Depreciation | 0.25 | 0.23 | 0.19 | 0.20 | 0.10 | 0.05 |
| Interest | 34.98 | 23.45 | 18.88 | 15.35 | 3.97 | 5.58 |
| Profit before tax | 107 | 65.63 | 40.75 | 21.56 | 18.68 | 11.65 |
| Tax | 29.02 | 17.51 | 10.71 | 5.51 | 4.81 | 3.01 |
| Net profit | 77.82 | 48.12 | 30.04 | 16.05 | 11.91 | 8.64 |
| Net profit margin | +2.8% | +2.2% | +2.0% | +1.4% | +1.4% | +2.6% |
| EPS (₹) | 33.58 | 20.76 | 140.86 | 100.17 | 86.66 | 108.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 23.17 | 23.17 | 2.13 | 1.60 | 1.60 | 0.80 |
| Reserves & surplus | 387 | 310 | 191 | 121 | 105 | 26.87 |
| Shareholders' funds (net worth) | 411 | 333 | 193 | 123 | 107 | 27.67 |
| Secured loans | 446 | 310 | 226 | 225 | 59.03 | 66.09 |
| Unsecured loans | 255 | 98.97 | 70.46 | 104 | 61.31 | 55.62 |
| Total debt | 701 | 409 | 297 | 329 | 120 | 122 |
| Total liabilities | 1,111 | 742 | 490 | 452 | 227 | 149 |
| Assets | ||||||
| Gross block | 0.81 | 1.82 | 1.60 | 1.50 | 0.70 | 0.36 |
| Net block | 0.81 | 0.94 | 0.88 | 0.97 | 0.37 | 0.13 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.99 | 1.23 | 0.00 | 0.01 | 0.01 | 0.01 |
| Inventories | 654 | 495 | 397 | 316 | 130 | 0.37 |
| Sundry debtors | 561 | 444 | 182 | 125 | 178 | 138 |
| Cash & bank balances | 175 | 245 | 181 | 134 | 104 | 15.13 |
| Loans & advances | 86.37 | 65.83 | 37.39 | 26.01 | 11.00 | 4.04 |
| Total current assets | 1,476 | 1,251 | 797 | 601 | 423 | 157 |
| Total current liabilities | 371 | 511 | 309 | 150 | 198 | 9.24 |
| Net working capital | 1,105 | 739 | 488 | 450 | 224 | 148 |
| Total assets | 1,111 | 742 | 490 | 452 | 227 | 149 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 245 | 181 | 134 | 104 | 15.13 | 0.61 |
| Net cash from operating activities | (327) | (116) | 58.34 | (162) | 28.25 | (81.03) |
| Net cash from investing activities | 0.08 | (0.28) | (0.08) | (0.78) | (0.29) | 0.10 |
| Net cash from financing activities | 256 | 181 | (11.37) | 193 | 60.54 | 95.45 |
| Net change in cash | (70.77) | 64.70 | 46.88 | 30.17 | 88.50 | 14.52 |
| Closing cash | 175 | 245 | 181 | 134 | 104 | 15.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +26.1% | +43.4% | +37.3% | +30.2% | +157.1% | - |
| EBITDA growth | +58.0% | +48.4% | +61.1% | +126.2% | -4.7% | - |
| PBT growth | +62.8% | +61.1% | +89.0% | +15.4% | +60.3% | +9997.0% |
| Net income growth | +61.7% | +60.2% | +87.2% | +34.8% | +37.9% | - |
| Revenue CAGR (3Y) | +35.4% | +36.9% | +66.3% | - | - | - |
| EBITDA CAGR (3Y) | +55.7% | +75.5% | +51.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +2.8% | +2.2% | +2.0% | +1.4% | +1.6% | +2.6% |
| Return on capital employed | +15.3% | +14.5% | +12.7% | +10.9% | +10.6% | +11.5% |
| Return on net worth | +20.9% | +18.3% | +19.0% | +14.0% | +17.7% | +31.2% |
| Debt / equity | 1.49 | 1.34 | 1.98 | 1.96 | 1.80 | 4.40 |
| Long-term debt / equity | 0.47 | 0.31 | 0.37 | 0.43 | 0.40 | 0.14 |
| Interest cover | 25.76 | 27.30 | 32.64 | 42.84 | 25.08 | 33.49 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 2,111.08 | 1,287.50 | 990.26 | 1,015.99 | 1,620.11 | 927.83 |
| Inventory turnover | 4.83 | 4.94 | 4.31 | 5.02 | 13.20 | 902.76 |
| Debtors turnover | 5.52 | 7.03 | 9.98 | 7.36 | 5.43 | 2.42 |
| EPS (₹) | 33.58 | 20.76 | 140.86 | 100.17 | 86.66 | 108.01 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 177.22 | 143.64 | 904.08 | 767.27 | 667.11 | 345.90 |
To see the full year-wise statements and ratios of Shiv Texchem Limited, buy the company report.
Board of directors of Shiv Texchem Limited
Shiv Texchem has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Pavankumar Also directs: VRV Estates LLP, Mahal Plastics and Fibres Private Limited, Multifilms Plastics Private Limited and 5 more | Managing Director | 14 Apr 2021 | 5 Years 6 Months | Current |
| Neha Hemanshu Chokhani | Whole-Time Director | 14 Apr 2021 | 5 Years 6 Months | Current |
| Shyamsundar Chokhani Also directs: Hemanshu Syntex Pvt Ltd | Whole-Time Director | 31 Mar 2005 | 21 Years 6 Months | Current |
| Hemanshu Shyam Sundar Chokhani | Whole-Time Director | 23 Feb 2013 | 13 Years 8 Months | Current |
| Girdhari Lal Kundalwal Also directs: Siasam Advisory Services LLP, Ganesh Benzoplast Limited, GBL Chemical Limited and 3 more | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Sushil Kumar Relan | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Shiv Texchem Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jupiter Dye Chem Private Limited | ₹3,363.54 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Sanjay Chemicals (India) Private Limited | ₹3,222.39 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Shiv Texchem Limitedthis company | ₹2,776.07 Cr (FY 2026) | ₹77.82 Cr | 2.8% | 26.1% | 41 | Mumbai, Maharashtra, India |
| Hella Chemical Market Private Limited | ₹2,191.57 Cr (FY 2023) | 11.0% | Thane, Maharashtra, India | |||
| Signet Excipients Private Limited | ₹2,040.58 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Wanhua International (India) Private Limited | ₹1,980 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shiv Texchem Limited, buy the company report.
Auditor
Shiv Texchem Limited is audited by Sundarlal, Desai & Kanodia for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sundarlal, Desai & Kanodia | FY 2024 | 110560W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.60%, foreign institutional investors hold 0.10%, domestic institutional investors hold 6.90% and retail and other public shareholders hold 19.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.60% | 73.60% | 73.60% | 73.60% |
| Public | 26.40% | 26.40% | 26.40% | 26.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2026 | 101375804 | Hdfc Bank Limited | ₹62.78 Cr | Open | |
| 03 Aug 2026 | 101375472 | Others | ₹8 Cr | Open | |
| 11 Jul 2025 | 101134599 | Idbi Bank Limited | ₹50 Cr | Open | |
| 11 Feb 2025 | 101063485 | The South Indian Bank Limited | ₹30 Cr | Open | |
| 20 Jan 2025 | 101045812 | Indian Overseas Bank | ₹41 Cr | Open |
To see the full charge records of Shiv Texchem Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Shiv Texchem Limited has 8 deals on record (3 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹66.2 Cr; the latest was in October 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Market trade | ₹4.04 Cr | Buyer: Topgain Finance Private Limited Seller: Topgain Finance Private Limited |
| Oct 2024 | Market trade | ₹3.83 Cr | Buyer: Sahastraa Advisors Private Limited Seller: Sahastraa Advisors Private Limited |
| Oct 2024 | Market trade | ₹16.7 Cr | Buyer: Mansi Share and Stock Broking Private Limited , Finavenue Growth Fund, Sahastraa Advisors Private Limited |
| Oct 2024 | IPO | ₹101.35 Cr | Investors: Matterhorn Fund, Ashika Global Securities Private Limited |
| Mar 2022 | Funding round | ₹65.2 Cr | Investors: Pavankumar Sanwaria Realty Private Limited |
To see the full deal history of Shiv Texchem Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shiv Texchem Limited has 17 court cases on record: 10 filed by Shiv Texchem, 7 filed against it. 10 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 4 |
| High courts | 8 | 4 | 6 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Sahastraa Exports Pvt Ltd Through Its Authorized Signatory Tarkeshwar Sahani | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by HDFC Bank Limited | Pending |
| Bombay High Court | Commercial suit | Filed by the company against HDFC Bank Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against HDFC Bank Limited | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Reserve Bank of India and 2 others | Pending |
To see the full case history of Shiv Texchem 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 Shiv Texchem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shiv Texchem Limited has a workforce of 41 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shiv Texchem has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS8906N2ZL | Maharashtra | Active | 01 Jul 2017 |
| 24AAICS8906N1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shiv Texchem Limited, buy the company report.
Recent activity
Shiv Texchem Limited has 10 board changes on record since 2005: 9 appointments and 1 cessation. The latest: Shruti Shirish Vyas was appointed as Additional Director on 27 May 2026.
55 earlier events are in the company report.
Frequently asked questions
Shiv Texchem is an active public limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 31 March 2005 (21+ years old) and is registered under CIN L24110MH2005PLC152341. Listed on BSE: 544272.
Shiv Texchem reported revenue of ₹2,776.07 Cr for FY 2025-26 (up 26.1% YoY) based on standalone financials.
Shiv Texchem has 7 current directors:
- Vikas Pavankumar - Managing Director
- Neha Hemanshu Chokhani - Whole-Time Director
- Shyamsundar Chokhani - Whole-Time Director
- Hemanshu Shyam Sundar Chokhani - Whole-Time Director
- Girdhari Lal Kundalwal - Director
- Sushil Kumar Relan - Director
- Shruti Shirish Vyas - Additional Director
The latest financial statements of Shiv Texchem on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shiv Texchem is 27AAICS8906N2ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAICS8906N1ZS (Gujarat).
The CIN (Corporate Identification Number) of Shiv Texchem is L24110MH2005PLC152341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shiv Texchem is a listed company as per MCA records. Its shares are listed on BSE (code: 544272).
Shiv Texchem has 17 court cases on record: 10 filed by the company and 7 filed against it. 10 are pending. Most are in the district courts.
Shiv Texchem was incorporated on 31 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Shiv Texchem has 8 deals on record (3 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹66.2 Cr; the latest was in October 2024.
The peers of Shiv Texchem by revenue are Jupiter Dye Chem Private Limited, Sanjay Chemicals (India) Private Limited, Hella Chemical Market Private Limited, Signet Excipients Private Limited, Wanhua International (India) Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).