About Shreenathji Rasayan Pvt.Ltd.
Data last updated:
Shreenathji Rasayan Pvt.Ltd. is a private limited company based in Ahmedabad, Gujarat, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 10 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2006PTC049339. Its GSTIN is 24AAKCS3181M1ZZ (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.91 Cr. It is led by directors Ashokbhai Bhagwanbhai Lakhani and Jaykumar Ashokbhai Lakhani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹219.13 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 1.1%) and EBITDA of ₹9.19 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 35 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shreenathji Rasayan. As per MCA filings, the company has open charges of ₹54.15 Cr and satisfied charges of ₹31.52 Cr on record. Court records list 24 cases involving the company, including 5 filed by the company and 19 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreenathjirasayan.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address202 Neptune Harmony Next To Ashok Vatika Brts Iscon – Ambali Road Bus Stop Iscon, Ambali, Ahmedabad, Gujarat, India – 380058
- IndustryChemicals and Materials, Organic Chemicals & Compounds
- 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
Business Activity of Shreenathji Rasayan Pvt.Ltd.
The main business activity of Shreenathji Rasayan is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shreenathji Rasayan Pvt.Ltd. FY 2024 filings available
Shreenathji Rasayan Pvt.Ltd. reported revenue of ₹219.13 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shreenathji Rasayan Pvt.Ltd.
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 18% 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 Shreenathji Rasayan Pvt.Ltd.
| 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 | ₹9.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.4 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 of Shreenathji Rasayan Pvt.Ltd.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Shreenathji Rasayan 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.
Peer Comparison of Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan Pvt.Ltd. is compared with the companies closest to it by revenue in the Chemicals industry (Organic Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quinergy Industries Limited | ₹258.12 Cr (FY 2023) | •••• | •••• | 113.0% | •••• | Pune, Maharashtra, India |
| SMS Biofuel Private Limited | ₹249.62 Cr (FY 2025) | •••• | •••• | 894.0% | •••• | Indore, Madhya Pradesh, India |
| Siddapur Distilleries Limited | ₹246.38 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Siddapur, Karnataka, India |
| Bharat Plus Ethanol Private Limited | ₹231.51 Cr (FY 2025) | •••• | •••• | 408067.0% | •••• | New Delhi, Delhi, India |
| Millennium Starch India Private Limited | ₹224.2 Cr (FY 2023) | •••• | •••• | 8.0% | •••• | Athani, Karnataka, India |
| Shreenathji Rasayan Pvt.Ltd. this company | ₹219.13 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Davangere Sugar Company Limited | ₹216.76 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Shamanur Road, Davangere, Karnataka, India |
| Greenergy Bio Refineries Private Limited | ₹215.88 Cr (FY 2025) | •••• | •••• | 36680.0% | •••• | Bengaluru, Karnataka, India |
| Aadhar Green Industries LLP | ₹210.01 Cr (FY 2025) | •••• | •••• | •••• | Guwahati, Assam, India | |
| Core Green Sugar and Fuels Private Limited | ₹209.59 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Hyderabad, Telangana, India |
| SLB Ethanol Private Limited | ₹206.38 Cr (FY 2025) | •••• | •••• | 4390977.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shreenathji Rasayan by revenue in the Chemicals industry (Organic Chemicals), 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 Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan Pvt.Ltd. is audited by AMIT PRAJAPATI & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMIT PRAJAPATI & CO. | 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.
Board of Directors of Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokbhai Bhagwanbhai Lakhani Also directs: Sun Chemtrade LLP, Jay Overseas Private Limited, Jay Allied and Chemicals Private Limited and 3 more | Director | 12 Feb 2015 | 11 Years 8 Months | Current |
| Jaykumar Ashokbhai Lakhani | Director | 01 Jul 2023 | 3 Years 3 Months | Current |
Ownership and Shareholding of Shreenathji Rasayan Pvt.Ltd.
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 Shreenathji Rasayan Pvt.Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2025 | Standard Chartered Bank | ₹3.5 Cr | Open |
| 22 Apr 2024 | Standard Chartered Bank | ₹12.5 Cr | Open |
| 14 Nov 2017 | Standard Chartered Bank | ₹19.5 Cr | Open |
| 06 Jun 2017 | Standard Chartered Bank | ₹1.6 Cr | Open |
| 06 Jun 2017 | Standard Chartered Bank | ₹16 Cr | Open |
Total charge records: 9 View all charges
Legal Cases of Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan Pvt.Ltd. has 24 court cases on record: 5 filed by Shreenathji Rasayan, 19 filed against it. 16 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 18 | 18 | 13 |
| District courts | 4 | 1 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Siesta Laminates Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Ketul Chem Private Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by individuals | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
Full case history
All 24 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.
MSME Payment Delays by Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan Pvt.Ltd. has 4 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KLJ Resources Ltd | •••• | •••• | •••• |
| Rajkamal Industrial Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan operates one associated brand: Shreenathji Rasayan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces chemicals like resins and formaldehyde for paints, coatings, and automotive industries. | shreenathjirasayan.com |
Employees and EPFO Compliance at Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan Pvt.Ltd. has a workforce of 35 employees as of Apr 07, 2024.
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.
Group Structure of Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Morakhia Copper And Alloys Private Limited | U27101GJ1990PTC013215 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan Pvt.Ltd. has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Manishkumar Bhagwanbhai Lakhani ceased to be Director on 17 Mar 2025.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shreenathji Rasayan Pvt.Ltd.
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.
Subsidiaries & Group Companies of Shreenathji Rasayan Pvt.Ltd.
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 Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS3181M1ZZ | Gujarat | 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 Shreenathji Rasayan Pvt.Ltd.
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 Shreenathji Rasayan Pvt.Ltd.
Shreenathji Rasayan is an active private limited company based in Ahmedabad, Gujarat, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 10 November 2006 (20+ years old) and is registered under CIN U24110GJ2006PTC049339.
Shreenathji Rasayan reported revenue of ₹219.13 Cr for FY 2025 (down 15% YoY).
Shreenathji Rasayan has 2 current directors:
- Ashokbhai Bhagwanbhai Lakhani - Director
- Jaykumar Ashokbhai Lakhani - Director
Shreenathji Rasayan reported a net profit of ₹2.4 Cr (net margin 1.1%) and EBITDA of ₹9.19 Cr (EBITDA margin 4.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shreenathji Rasayan is 4% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shreenathji Rasayan is 24AAKCS3181M1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Shreenathji Rasayan is U24110GJ2006PTC049339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shreenathji Rasayan has 24 court cases on record: 5 filed by the company and 19 filed against it. 16 are pending. Most are in the nclat.
Shreenathji Rasayan was incorporated on 10 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shreenathji Rasayan by revenue are Quinergy Industries Limited, SMS Biofuel Private Limited, Siddapur Distilleries Limited, Bharat Plus Ethanol Private Limited, Millennium Starch India Private Limited and 5 more, all in the Chemicals industry (Organic Chemicals).
Manishkumar Bhagwanbhai Lakhani ceased to be Director on 17 Mar 2025. Jaykumar Ashokbhai Lakhani ceased to be Additional Director on 29 Sep 2023. Jaykumar Ashokbhai Lakhani was appointed as Director on 01 Jul 2023. Shreenathji Rasayan has 14 board changes on record in total.
Shreenathji Rasayan has 4 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 2 micro and small suppliers. The latest return was filed on 12 Jun 2020.