MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0027298
Shree Chlorates Private Limited - chemicals and materials in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹131.24 Cr
▼ 16% YoY
Net profit · FY 2025
₹6.63 Cr
Net margin 5.1%
EBITDA · FY 2025
₹11.16 Cr
EBITDA margin 8.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹36.6 Lakh
Issued & subscribed
Satisfied charges
₹8.38 Cr
No open charges
Company age
39 yrs
Est. 1987
Employees · EPFO
65
Provident fund records
About Shree Chlorates Private Limited
Data last updated:
Shree Chlorates Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 10 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U31200MP1987PTC003806. Its GSTIN is 23AAACZ0994K1Z1 (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹36.6 Lakh. It was formerly known as Zenith Electrochem Pvt Ltd. It is led by directors Rajiv Parekh (Managing Director) and Hemant Parekh (Managing Director).
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 101 – 102 Block – B Radhakrishna Complex 10/1 Manoramaganj A.B.Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹131.24 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹6.63 Cr (net margin 5.1%) and EBITDA of ₹11.16 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shree Chlorates. As per MCA filings, the company has satisfied charges of ₹8.38 Cr on record. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2024. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Surabhi Industries (India) Private Limited with revenue of ₹133.75 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 8 overdue payments to 7 micro and small suppliers.
Shree Chlorates Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0027298). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreechlorates.com.
Company details
CIN U31200MP1987PTC003806
Registration Number 003806
Incorporation Date 10 February 1987
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0027298
Recognitions & Rankings of Shree Chlorates
Contact details
Shree Chlorates Private Limited's registered office is in Indore, Madhya Pradesh. Its website is shreechlorates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 – 102 Block – B Radhakrishna Complex 10/1 Manoramaganj A.B.Road, Indore, Madhya Pradesh, India – 452001
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Shree Chlorates Private Limited, buy the company report.
Comprehensive company report
Shree Chlorates Private 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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Brands
Shree Chlorates operates one associated brand: Shree Chlorates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality sodium chlorate and sodium chlorite products for industrial applications. | shreechlorates.com |
Business activity
The main business activities of Shree Chlorates are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Shree Chlorates Private Limited, buy the company report.
Financials of Shree Chlorates Private Limited
FY 2025 filings availableShree Chlorates Private Limited reported revenue of ₹131.24 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹131.24 Cr ▼ 16%
Net profit · FY 2025
₹6.63 Cr margin 5.1%
EBITDA · FY 2025
₹11.16 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 15%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 3%
5 years · compounded
▼ 1%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 42% 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 | ₹11.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.63 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 | 8.5% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 Shree Chlorates Private Limited, buy the company report.
Board of directors of Shree Chlorates Private Limited
Shree Chlorates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Parekh Also directs: Reliance Auxichem (India) Pvt Ltd | Managing Director | 10 Feb 1987 | 39 Years 8 Months | Current |
| Hemant Parekh Also directs: Reliance Auxichem (India) Pvt Ltd | Managing Director | 10 Feb 1987 | 39 Years 8 Months | Current |
Peer comparison
Shree Chlorates Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (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 |
|---|---|---|---|---|---|---|
| Surabhi Industries (India) Private Limited | ₹133.75 Cr (FY 2024) | -37.0% | Hyderabad, Telangana, India | |||
| Navdeep Chemicals Private Limited | ₹133.57 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Nuevo Polymers Private Limited | ₹132.84 Cr (FY 2025) | -6.0% | Gurgaon, Haryana, India | |||
| Gulbrandsen Catalysts Private Limited | ₹132.72 Cr (FY 2025) | 11.0% | Vadodara, Gujarat, India | |||
| Shree Chlorates Private Limitedthis company | ₹131.24 Cr (FY 2025) | ₹6.63 Cr | 5.1% | -16.0% | 65 | Indore, Madhya Pradesh, India |
| Oan Industries Limited | ₹130.92 Cr (FY 2025) | 36.0% | Jaipur, Rajasthan, India | |||
| Chemische Global Private Limited | ₹129.11 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| SV Plastochem Private Limited | ₹127.64 Cr (FY 2024) | Nashik, Maharashtra, India |
To see the full peer comparison of Shree Chlorates Private Limited, buy the company report.
Auditor
Shree Chlorates Private Limited is audited by M.Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.Mehta & Co. | FY 2023 | 000957C |
Shareholding
The shareholding of Shree Chlorates 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 Shree Chlorates Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹8.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2021 | 100404246 | Axis Bank Limited | ₹23.4 Lakh | Satisfied | |
| 22 Dec 2014 | 10539534 | State Bank of India | ₹14.45 Lakh | Satisfied | |
| 21 Aug 1998 | 90208262 | State Bank of India | ₹6.48 Cr | Satisfied | |
| 11 Mar 1995 | 90207599 | State Bank of Indore | ₹14 Lakh | Satisfied | |
| 15 Oct 1992 | 90201580 | M.P.A.V.N. | ₹69 Lakh | Satisfied |
To see the full charge records of Shree Chlorates Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Shree Chlorates Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
Total deals
6
Secondary share transfers
6
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ramanlal Parekh HUF, an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Shree Chlorates Private 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
No court or tribunal cases involving Shree Chlorates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Shree Chlorates Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 8 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aroprint Global Private Limited | |||
| Aditya Wood Packaging Indore | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shree Chlorates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shree Chlorates Private Limited has a workforce of 65 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Employee growth
22.64%
GST
Shree Chlorates has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACZ0994K1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAACZ0994K1ZT | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Chlorates Private Limited, buy the company report.
Recent activity
Shree Chlorates Private Limited has 3 board changes on record since 1987: 2 appointments and 1 cessation. The latest: Nayanbala Parekh ceased to be Director on 27 Mar 2018.
AGM
Shree Chlorates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shree Chlorates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge registered on 09 Jan 2021 via Charge ID 100404246 with Axis Bank Limited was fully satisfied on 30 Jul 2021.
Charges
A charge registered on 22 Dec 2014 via Charge ID 10539534 with State Bank Of India was fully satisfied on 09 Jun 2021.
Charges
A charge registered on 21 Aug 1998 via Charge ID 90208262 with State Bank Of India was fully satisfied on 19 May 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.40 Lakh with Charge ID 100404246 was registered on 09 Jan 2021.
Ceased
Nayanbala Parekh ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 14.45 Lakh with Charge ID 10539534 was registered on 22 Dec 2014.
Charges
A charge with State Bank Of India of Rs. 648.00 Lakh registered on 21 Aug 1998 with Charge ID 90208262 was modified on 11 Mar 2010.
Charges
A charge registered on 15 Oct 1992 via Charge ID 90201580 with M.P.A.V.N. was fully satisfied on 17 Jun 2004.
Charges
A charge registered on 15 Oct 1992 via Charge ID 90202807 with M.P.A.V.N. was fully satisfied on 14 Jun 2004.
Charges
A charge with State Bank Of India amounted to Rs. 648.00 Lakh with Charge ID 90208262 was registered on 21 Aug 1998.
8 earlier events are in the company report.
Frequently asked questions
Shree Chlorates is an active private limited company based in Indore, Madhya Pradesh, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 10 February 1987 (39+ years old) and is registered under CIN U31200MP1987PTC003806.
Shree Chlorates has 2 current directors:
- Rajiv Parekh - Managing Director
- Hemant Parekh - Managing Director
The latest financial statements of Shree Chlorates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Chlorates is 23AAACZ0994K1Z1, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAACZ0994K1ZT (Rajasthan).
The CIN (Corporate Identification Number) of Shree Chlorates is U31200MP1987PTC003806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Chlorates was incorporated on 10 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Gwalior.
Shree Chlorates has 6 deals on record (6 secondary share transfers); the latest was in March 2024.
The peers of Shree Chlorates by revenue are Surabhi Industries (India) Private Limited, Navdeep Chemicals Private Limited, Nuevo Polymers Private Limited, Gulbrandsen Catalysts Private Limited, Oan Industries Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nayanbala Parekh ceased to be Director on 27 Mar 2018. Hemant Parekh was appointed as Managing Director on 10 Feb 1987. Rajiv Parekh was appointed as Managing Director on 10 Feb 1987.
Yes, Shree Chlorates is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0027298).
Shree Chlorates has 2 MSME Form 1 returns on record between 2020 and 2021, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 06 Jan 2022.
Shree Chlorates can be reached through the website shreechlorates.com. Its registered office is in Indore, Madhya Pradesh, India.
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