Shivam Chemicals Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24100MH2010PLC208870 Incorporated 12 October 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 544165 Public Limited Company agriculture MSME · Medium
Market Cap
₹260 Cr
SHIVAM · BSE
Share Price
₹155.00
+1.37% today
Revenue
₹284 Cr
FY 2025-26 · +26.8% YoY
EBITDA
₹9.10 Cr
Margin 3.2%
Net Profit
₹6.00 Cr
FY 2025-26 · +188.5% YoY
P/E (TTM)
43.5x
P/B 6.3x
ROE
16.1%
ROCE 16.9%
Debt / Equity
0.49
Interest cover 22.4x

About Shivam Chemicals Limited

Data last updated:

Shivam Chemicals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 12 October 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24100MH2010PLC208870. Its GSTIN is 27AAPCS1161C1ZH (Maharashtra). The company holds 5 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544165.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹16.99 Cr. It was formerly known as Sun Organosys Private Limited. It is led by directors including Sanjiv Girdharlal Vasant (Managing Director) and Soham Sanjiv Vasant (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 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 consolidated financials for FY 2025-26, the company reported a revenue of ₹284.23 Cr, a growth of 26.8% compared to the previous year. For the same year it recorded a net profit of ₹6 Cr (net margin 2.1%) and EBITDA of ₹9.1 Cr (EBITDA margin 3.2%). The net worth stands at ₹41.63 Cr (up 17.5% YoY). Total assets are valued at ₹63.97 Cr (up 25.1% YoY).

As per MCA filings, the company has open charges of ₹42.69 Cr and satisfied charges of ₹12 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending. The company has 15 deals on record (11 market trades, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹39 Lakh; the latest was in January 2026. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 4 micro and small suppliers.

Shivam Chemicals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0009572). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivamchem.com.

Company details

CIN L24100MH2010PLC208870
Registration Number 208870
Incorporation Date 12 October 2010
ROC Mumbai
Listing Status Listed - Listed on BSE (544165)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0009572

CIN history

Shivam Chemicals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24100MH2010PLC208870, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24100MH2010PLC208870Current
U24100MH2010PTC208870Previous
U24100MH2010PLC208870Previous

Recognitions & Rankings of Shivam Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0009572

Contact details

Shivam Chemicals Limited's registered office is in Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    Office No. 108 1st Floor Hubtown Solaris Off N.S.Phadake Marg Saiwadi Andheri (, E), Mumbai, Maharashtra, India – 400069
  • Industry
    Agriculture, Agro Retail & Distribution
Comprehensive company report
Shivam 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 Shivam Chemicals is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Shivam Chemicals Limited, buy the company report.

Financials of Shivam Chemicals Limited

FY 2025-26 filings available

Shivam Chemicals Limited reported revenue of ₹284.23 Cr (up 26.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹284 Cr
+26.8% YoY
EBITDA
₹9.10 Cr
+97.8% YoY
Profit After Tax
₹6.00 Cr
+188.5% YoY
Net Worth
₹41.63 Cr
+17.5% YoY
Total Assets
₹63.97 Cr
+25.1% YoY
Total Debt
₹22.08 Cr
+43.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue284224147157
Revenue growth+26.8%+53.0%-6.4%-
EBITDA9.104.603.575.08
EBITDA margin+3.2%+2.1%+2.4%+3.3%
Profit before tax7.973.022.035.09
Net profit6.002.081.163.73
Net profit margin+2.1%+0.9%+0.8%+2.4%
EPS (₹)3.641.230.9793.25
Balance sheet
Total assets63.9751.1232.4027.37
Net worth41.6335.4415.0613.86
Total debt22.0815.4417.0313.51
Cash & bank0.390.760.360.35
Net working capital48.4335.2416.6312.76
Cash flow
Cash from operations1.84(14.99)4.958.90
Cash from investing0.49(0.45)(2.29)(13.87)
Cash from financing(2.70)15.85(2.64)5.10
ParticularsMar 2024Dec 2023
Revenue39.6142.69
Other income0.440.02
EBITDA0.751.03
EBITDA margin+1.9%+2.4%
Depreciation0.270.31
Interest0.260.24
Profit before tax0.660.50
Tax0.100.33
Net profit0.560.17
EPS (₹)0.000.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue27020713615717895.5079.32
Revenue growth+30.0%+52.1%-12.9%-12.0%+86.3%+20.4%-
EBITDA6.623.963.095.086.301.651.39
EBITDA margin+2.5%+1.9%+2.3%+3.3%+3.5%+1.7%+1.8%
Profit before tax6.733.452.845.085.981.291.28
Net profit4.832.571.973.724.480.880.82
Net profit margin+1.8%+1.2%+1.4%+2.4%+2.5%+0.9%+1.0%
EPS (₹)2.971.511.6293.05112.2221.6220.49
Balance sheet
Total assets59.7547.3127.2520.5915.227.137.95
Net worth41.7536.7115.8513.8510.135.284.41
Total debt17.7610.3611.096.745.091.533.20
Cash & bank0.120.500.120.140.220.070.10
Net working capital51.5239.1024.8618.4112.166.676.55
Cash flow
Cash from operations(6.51)(10.37)(3.78)(2.19)(3.00)1.50-
Cash from investing0.05(5.54)(0.27)(1.41)(0.08)0.44-
Cash from financing6.0716.304.023.523.28(2.01)-

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 14 Nov 2026
ParticularsMar 2024Dec 2023
Revenue39.6142.69
Other income0.440.02
EBITDA0.751.03
EBITDA margin+1.9%+2.4%
Depreciation0.270.31
Interest0.260.24
Profit before tax0.660.50
Tax0.100.33
Net profit0.560.17
EPS (₹)0.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue284224147157
Revenue growth+26.8%+53.0%-6.4%-
Other income1.870.880.370.49
Total expenses275220143151
Employee cost1.491.381.741.14
EBITDA9.104.603.575.08
EBITDA margin+3.2%+2.1%+2.4%+3.3%
Depreciation1.241.281.150.09
Interest1.761.180.760.39
Profit before tax7.973.022.035.09
Tax1.760.940.841.36
Net profit6.002.081.163.73
Net profit margin+2.1%+0.9%+0.8%+2.4%
EPS (₹)3.641.230.9793.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital16.9916.9912.400.40
Reserves & surplus24.6418.452.6613.46
Shareholders' funds (net worth)41.6335.4415.0613.86
Minority interest0.000.000.000.00
Secured loans22.0812.9411.036.74
Unsecured loans0.002.506.006.77
Total debt22.0815.4417.0313.51
Total liabilities63.9751.1232.4027.37
Assets
Gross block18.9518.3317.044.66
Net block14.8915.5115.504.23
Capital work in progress0.570.000.0010.07
Investments0.000.000.000.00
Inventories5.644.560.530.00
Sundry debtors27.5824.9818.3012.08
Cash & bank balances0.390.760.360.35
Loans & advances22.1412.236.004.20
Total current assets55.7542.5325.1916.63
Total current liabilities7.327.298.563.87
Net working capital48.4335.2416.6312.76
Total assets63.9751.1232.4027.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash0.760.360.350.22
Net cash from operating activities1.84(14.99)4.958.90
Net cash from investing activities0.49(0.45)(2.29)(13.87)
Net cash from financing activities(2.70)15.85(2.64)5.10
Net change in cash(0.36)0.400.010.13
Closing cash0.390.760.360.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+26.8%+53.0%-6.4%-
EBITDA growth+97.8%+28.9%-29.7%-
PBT growth+163.9%+48.8%-60.1%+9997.0%
Net income growth+188.5%+79.3%-68.9%-
Revenue CAGR (3Y)+22.0%---
EBITDA CAGR (3Y)+21.5%---
Profitability & leverage
Net income margin+2.2%+0.9%+0.8%+2.4%
Return on capital employed+16.9%+10.1%+9.4%+20.0%
Return on net worth+16.1%+8.3%+8.4%+26.9%
Debt / equity0.490.641.060.97
Long-term debt / equity0.080.170.410.49
Interest cover22.3935.5431.407.82
Efficiency & per share
Fixed asset turnover15.2512.6713.5133.59
Inventory turnover55.7388.07552.980.00
Debtors turnover10.8210.369.6512.96
EPS (₹)3.641.230.9793.25
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)24.5020.8612.15346.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue27020713615717895.5079.32
Revenue growth+30.0%+52.1%-12.9%-12.0%+86.3%+20.4%-
Other income1.840.740.110.480.060.080.33
Total expenses26320313315117293.8577.93
Employee cost0.890.801.301.141.421.400.78
EBITDA6.623.963.095.086.301.651.39
EBITDA margin+2.5%+1.9%+2.3%+3.3%+3.5%+1.7%+1.8%
Depreciation0.120.090.070.090.100.100.04
Interest1.611.160.290.390.280.340.40
Profit before tax6.733.452.845.085.981.291.28
Tax1.690.880.831.361.500.410.46
Net profit4.832.571.973.724.480.880.82
Net profit margin+1.8%+1.2%+1.4%+2.4%+2.5%+0.9%+1.0%
EPS (₹)2.971.511.6293.05112.2221.6220.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.9916.9912.400.400.400.400.40
Reserves & surplus24.7619.723.4513.459.734.884.01
Shareholders' funds (net worth)41.7536.7115.8513.8510.135.284.41
Secured loans17.767.865.090.060.140.540.00
Unsecured loans0.002.506.006.684.950.993.20
Total debt17.7610.3611.096.745.091.533.20
Total liabilities--27.2520.5915.227.137.95
Assets
Gross block1.751.331.080.800.790.711.23
Net block1.080.770.610.370.450.450.99
Capital work in progress0.000.000.000.000.000.000.00
Investments7.127.121.501.500.050.000.04
Inventories4.953.770.020.000.050.080.22
Sundry debtors25.2223.4615.0712.0814.057.186.18
Cash & bank balances0.120.500.120.140.220.070.10
Loans & advances27.5117.6816.839.426.312.141.09
Total current assets57.8045.4132.0421.6420.639.477.59
Total current liabilities6.286.317.183.238.472.801.04
Net working capital51.5239.1024.8618.4112.166.676.55
Total assets59.7547.3127.2520.5915.227.137.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.500.120.140.220.070.13-
Net cash from operating activities(6.51)(10.37)(3.78)(2.19)(3.00)1.50-
Net cash from investing activities0.05(5.54)(0.27)(1.41)(0.08)0.44-
Net cash from financing activities6.0716.304.023.523.28(2.01)-
Net change in cash(0.38)0.39(0.03)(0.08)0.19(0.06)-
Closing cash0.120.500.120.140.220.07-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+30.0%+52.1%-12.9%-12.0%+86.3%+20.4%-
EBITDA growth+67.2%+28.2%-39.2%-19.4%+281.8%+18.7%-
PBT growth+95.1%+21.5%-44.1%-15.1%+363.6%+0.8%+9997.0%
Net income growth+87.9%+30.5%-47.0%-17.0%+409.1%+7.3%-
Revenue CAGR (3Y)+19.9%+5.2%+12.6%+25.4%---
EBITDA CAGR (3Y)+9.2%-14.3%+23.3%+54.0%---
Profitability & leverage
Net income margin+1.9%+1.2%+1.5%+2.4%+2.5%+0.9%+1.0%
Return on capital employed+15.6%+12.4%+13.1%+30.5%+56.1%+21.6%+21.1%
Return on net worth+12.9%+9.8%+13.5%+31.0%+58.3%+18.0%+18.6%
Debt / equity0.360.410.600.490.430.490.73
Long-term debt / equity0.000.000.010.150.250.320.66
Interest cover24.7729.979.607.824.5221.9429.63
Efficiency & per share
Fixed asset turnover175.04172.09145.04196.88237.2598.4564.49
Inventory turnover61.83109.4313,634.006,260.802,737.54636.67360.55
Debtors turnover11.0710.7610.0411.9816.7614.3012.83
EPS (₹)2.971.511.6293.05112.2221.6220.49
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)24.5821.6112.79346.20253.15131.93110.34

To see the full year-wise statements and ratios of Shivam Chemicals Limited, buy the company report.

Board of directors of Shivam Chemicals Limited

Shivam Chemicals has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Soham Sanjiv VasantWhole-Time Director12 Oct 201016 Years 1 MonthsCurrent
Sanjiv Girdharlal VasantManaging Director12 Oct 201016 Years 1 MonthsCurrent
Shivam Sanjiv VasantWhole-Time Director17 Jul 20197 Years 3 MonthsCurrent
Himani BhootraDirector28 Nov 20232 Years 11 MonthsCurrent
Kunal Bharat ShingalaDirector28 Nov 20232 Years 11 MonthsCurrent

Charges & borrowings

Open charges
₹42.69 Cr
Satisfied charges
₹12 Cr
Breakdown by lending institutions
Others₹30.50 Cr
Standard Chartered Bank₹12.00 Cr
Hdfc Bank Limited₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Apr 2026101331956Others₹50.11 LakhOpen
29 Aug 2025101156760Others₹30 CrOpen
23 Aug 2025101147314Standard Chartered Bank₹12 CrOpen
18 Jul 2024100958481Hdfc Bank Limited₹19 LakhOpen
29 Jun 201210371321Others₹12 CrSatisfied

To see the full charge records of Shivam Chemicals Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Shivam Chemicals Limited has 15 deals on record (11 market trades, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹39 Lakh; the latest was in January 2026.

Total deals
15
Market trades
11
Secondary share transfers
2
Funding round
1
IPO
1
Disclosed funding
₹39 Lakh

Deals on record (5 of 15)

WhenDealAmountParties
Oct 2025Market trade₹1.06 CrSeller: Shreni Shares Limited
Sep 2025Market trade₹1.01 CrBuyer: Sunil Anokhilal Kataria Huf, Shreni Shares Limited
Seller: Shreni Shares Limited
Mar 2025Market trade₹84.4 LakhBuyer: Shreni Shares Limited
May 2024Market trade₹1.98 CrBuyer: Mansi Share and Stock Broking Private Limited , 2 individuals
Seller: Stock Vertex Ventures, Multiplier Share and Stock Advisors Private Limited
May 2024Market trade₹86.4 LakhBuyer: Multiplier Share and Stock Advisors Private Limited , Green Peaks Enterprises LLP
Seller: Green Peaks Enterprises LLP , Multiplier Share and Stock Advisors Private Limited

To see the full deal history of Shivam Chemicals Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Shivam Chemicals Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
Rajasthan Minerals
Hi Tech Mineral Industrie
an individual supplier
Rajasthan Chemicals & Minerals

To see the full MSME payment records of Shivam Chemicals Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Shivam Chemicals has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
27AAPCS1161C1ZHMaharashtraActive01 Jul 2017
27AAPCS1161C2ZGMaharashtraActive26 Mar 2025
09AAPCS1161C1ZFUttar PradeshActive01 Jul 2017
24AAPCS1161C1ZNGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Shivam Chemicals Limited, buy the company report.

Recent activity

Shivam Chemicals Limited has 9 board changes on record since 2010: 5 appointments and 4 cessations. The latest: Manish Tarachand Pande ceased to be Additional Director on 08 Sep 2024.

Charges
A charge with Others of Rs. 30.00 Cr registered on 29 Aug 2025 with Charge ID 101156760 was modified on 30 May 2026.
Charges
A charge with Standard Chartered Bank of Rs. 12.00 Cr registered on 23 Aug 2025 with Charge ID 101147314 was modified on 17 May 2026.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101331956 was registered on 08 Apr 2026.
Filing
Shivam Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 29 Jun 2012 via Charge ID 10371321 with Others was fully satisfied on 30 Sep 2025.
AGM
Shivam Chemicals Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101156760 was registered on 29 Aug 2025.
Charges
A charge with Standard Chartered Bank amounted to Rs. 12.00 Cr with Charge ID 101147314 was registered on 23 Aug 2025.
Ceased
Manish Tarachand Pande ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100958481 was registered on 18 Jul 2024.
Appointed
Himani Bhootra was appointed as Director.
Appointed
Kunal Bharat Shingala was appointed as Director.

9 earlier events are in the company report.

Frequently asked questions

Shivam Chemicals is an active public limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 12 October 2010 (16+ years old) and is registered under CIN L24100MH2010PLC208870. Listed on BSE: 544165.

Shivam Chemicals reported revenue of ₹284.23 Cr for FY 2025-26 (up 26.8% YoY) based on consolidated financials.

Shivam Chemicals has 5 current directors:

The latest financial statements of Shivam Chemicals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shivam Chemicals is 27AAPCS1161C1ZH, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAPCS1161C2ZG (Maharashtra), 09AAPCS1161C1ZF (Uttar Pradesh), 24AAPCS1161C1ZN (Gujarat).

The CIN (Corporate Identification Number) of Shivam Chemicals is L24100MH2010PLC208870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Shivam Chemicals is a listed company as per MCA records. Its shares are listed on BSE (code: 544165).

Shivam Chemicals has 3 court cases on record: 3 filed by the company. 3 are pending.

Shivam Chemicals was incorporated on 12 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Shivam Chemicals has 15 deals on record (11 market trades, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹39 Lakh; the latest was in January 2026.

Manish Tarachand Pande ceased to be Additional Director on 08 Sep 2024. Himani Bhootra was appointed as Director on 28 Nov 2023. Kunal Bharat Shingala was appointed as Director on 28 Nov 2023. Shivam Chemicals has 9 board changes on record in total.