About Sika MBCC India Private Limited
Data last updated:
Sika MBCC India Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Master Builders Solutions Nederland B. V. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials segment of the manufacturing sector. It was incorporated on 26 September 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2019FTC331051. Its GSTIN is 27AAMCM9697A1ZX (Maharashtra). The company held 11 GST registrations, all of them active.
The company had an authorised share capital of ₹415.01 Cr and a paid-up capital of ₹415.01 Cr. It was led by directors Nilotpol Kar (Managing Director) and Vijay Immanuel Raman.
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 was at Plot No D – 126 Ttc Ind. Area MIDC Shiravane Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹661.69 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹396.66 Cr (net margin -59.9%) and EBITDA of -₹364 Cr (EBITDA margin -55%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The company had about 235 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2023. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 32 overdue payments to 5 micro and small suppliers.
The last known website on record is mbcc.sika.com.
Company details
Contact details
Sika MBCC India Private Limited's registered office is in Mumbai, Maharashtra. Its website is mbcc.sika.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No D – 126 Ttc Ind. Area MIDC Shiravane Navi Mumbai, Maharashtra, India – 400703
- IndustryManufacturing, Construction Materials
To see the full contact details of Sika MBCC India Private 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
Business activity
The main business activity of Sika MBCC India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| 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 |
To see the full business activity and turnover split of Sika MBCC India Private Limited, buy the company report.
Financials of Sika MBCC India Private Limited
FY 2024 filings availableSika MBCC India Private Limited reported revenue of ₹661.69 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 12% growth in the latest year. EBITDA fell 569% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹364 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹396.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55% | ||||
| Net Profit Margin | -59.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sika MBCC India Private Limited, buy the company report.
Board of directors of Sika MBCC India Private Limited
Sika MBCC India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilotpol Kar | Managing Director | 09 Sep 2020 | 6 Years 2 Months | As last reported |
| Vijay Immanuel Raman Also directs: Sika India Private Limited | Director | 26 Sep 2019 | 7 Years 1 Months | As last reported |
Auditor
Sika MBCC India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Sika MBCC India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sika MBCC India Private Limited, buy the company report.
Deals & funding
Sika MBCC India Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Sika Ag, an individual Seller: Master Builders Solutions Nederland B. V., BASF Construction Solutions GmbH |
| Jun 2020 | Rights issue | ₹415 Cr | Investors: Master Builders Solutions Nederland B. V. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sika MBCC India Private Limited has 2 court cases on record: 1 filed by Sika MBCC India, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Aparna Balsaraf Suvidhakar | Pending |
| NCLT, NCLT Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Sika MBCC India Private 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
Sika MBCC India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 32 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hi-Tech Blow Moulders Private Limited | |||
| Kamsons Polymers Limited | |||
| Bharat Tin Works | |||
| Elkem South Asia Private Limited | |||
| Bhave Warehousing and Storages Private Limited |
To see the full MSME payment records of Sika MBCC India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sika MBCC India Private Limited has a workforce of 235 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sika MBCC India has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM9697A1ZX | Maharashtra | Active | 27 Mar 2020 |
| 27AAMCM9697A2ZW | Maharashtra | Active | 25 May 2020 |
| 02AAMCM9697A1Z9 | Himachal Pradesh | Active | 14 May 2020 |
| 19AAMCM9697A1ZU | West Bengal | Active | 14 May 2020 |
To see the full GST registrations and return filing status of Sika MBCC India Private Limited, buy the company report.
Recent activity
Sika MBCC India Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Raman Malhotra ceased to be Additional Director on 30 Dec 2020.
Frequently asked questions
Sika MBCC India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sika MBCC India was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in construction materials, within the manufacturing industry. It was incorporated on 26 September 2019 and is registered under CIN U24299MH2019FTC331051. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sika MBCC India was incorporated on 26 September 2019. It is registered with the Registrar of Companies, Mumbai.
Sika MBCC India had 2 directors:
- Nilotpol Kar - Managing Director
- Vijay Immanuel Raman - Director
The CIN (Corporate Identification Number) of Sika MBCC India is U24299MH2019FTC331051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sika MBCC India is at Plot No D – 126 Ttc Ind. Area MIDC Shiravane Navi Mumbai, Maharashtra, India – 400703.
Sika MBCC India can be reached through the website mbcc.sika.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Sika MBCC India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sika MBCC India is 27AAMCM9697A1ZX, registered in Maharashtra. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 27AAMCM9697A2ZW (Maharashtra), 02AAMCM9697A1Z9 (Himachal Pradesh), 19AAMCM9697A1ZU (West Bengal).
Sika MBCC India operated in the manufacturing industry, in the construction materials segment.
Sika MBCC India has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2023.
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