Silex Industries Private Limited

Silex Industries Private Limited - pharma in Chotila, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2012PTC068763 Incorporated 25 January 2012 ROC Ahmedabad HQ Chotila, Gujarat, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹17.5 Cr
▲ 16% YoY
Net profit · FY 2024
₹32.23 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹1.06 Cr
EBITDA margin 6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹3.1 Cr
Satisfied ₹98.35 Lakh
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Silex Industries Private Limited

Data last updated:

Silex Industries Private Limited is a private limited company based in Chotila, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 January 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2012PTC068763. Its GSTIN is 24AAQCS9671N1ZC (Gujarat).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Abhay Maheshbhai Vachhani and Radha Abhay Vachhani.

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 Chotila, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.5 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹32.23 Lakh (net margin 1.8%) and EBITDA of ₹1.06 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% over five years.

The company is associated with 1 brand: Silex Technology. As per MCA filings, the company has open charges of ₹3.1 Cr and satisfied charges of ₹98.35 Lakh on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it.

Silex Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0002904). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24100GJ2012PTC068763
Registration Number 068763
Incorporation Date 25 January 2012
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-23-0002904
Key People
Abhay Maheshbhai Vachhani Director Radha Abhay Vachhani Director

Recognitions & Rankings of Silex Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-23-0002904

Contact details

Silex Industries Private Limited's registered office is in Chotila, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Bamanbore GIDC Plot No. 1101 – 1105 B/H Utkarsh Ind. Ahmedabad NH – 8B Highwa, Y, Chotila, Gujarat, India – 363520
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Silex Industries Private Limited, buy the company report.

Comprehensive company report
Silex Industries 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

Silex Industries operates one associated brand: Silex Technology. Each brand links to its own profile.

BrandDescriptionWebsite
Silex Technology
Networking technology solutions are developed and provided by the company.silextechnology.com

Business activity

The main business activity of Silex Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Silex Industries Private Limited, buy the company report.

Financials of Silex Industries Private Limited

FY 2025 filings available

Silex Industries Private Limited reported revenue of ₹17.5 Cr (up 16% YoY) for FY 2024.

Revenue · FY 2024
₹17.5 Cr ▲ 16%
Net profit · FY 2024
₹32.23 Lakh margin 1.8%
EBITDA · FY 2024
₹1.06 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 20%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 8%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA fell 8% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.23 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6%
Net Profit Margin1.8%
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 Silex Industries Private Limited, buy the company report.

Board of directors of Silex Industries Private Limited

Silex Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhay Maheshbhai Vachhani
Also directs: HN Chem Solution LLP, Decora West Hills Sector 1 Owners Association
Director25 Jan 201214 Years 9 MonthsCurrent
Radha Abhay Vachhani
Also directs: HN Chem Solution LLP
Director10 Dec 20205 Years 10 MonthsCurrent
View all directors

Auditor

Silex Industries Private Limited is audited by Vipul Jayantilal Shah for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Vipul Jayantilal ShahFY 2023101537

Shareholding

The shareholding of Silex Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Silex Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.1 Cr
Satisfied charges
₹98.35 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹3.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jan 2025101041856Hdfc Bank Limited₹20 LakhOpen
03 Feb 2024100877162Hdfc Bank Limited₹20 LakhOpen
29 Apr 2022100570852Hdfc Bank Limited₹2.7 CrOpen
25 Mar 201310549528Others₹98.35 LakhSatisfied

To see the full charge records of Silex Industries Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

Silex Industries Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 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)

SupplierAmount dueDue sinceReported on
Radhe Renewable Energy Development Private Limited
an individual supplier
an individual supplier
an individual supplier
Bright Star Industries

To see the full MSME payment records of Silex Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Silex Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAQCS9671N1ZCGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Silex Industries Private Limited, buy the company report.

Recent activity

Silex Industries Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Radha Abhay Vachhani was appointed as Director on 10 Dec 2020.

AGM
Silex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Silex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101041856 was registered on 24 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 270.00 Lakh registered on 29 Apr 2022 with Charge ID 100570852 was modified on 13 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100877162 was registered on 03 Feb 2024.
Charges
A charge registered on 25 Mar 2013 via Charge ID 10549528 with Others was fully satisfied on 30 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 270.00 Lakh with Charge ID 100570852 was registered on 29 Apr 2022.
Appointed
Radha Abhay Vachhani was appointed as Director.
Ceased
Manishbhai Govindlal Vachani ceased to be Director.
Charges
A charge with Others of Rs. 98.35 Lakh registered on 25 Mar 2013 with Charge ID 10549528 was modified on 11 Aug 2017.
Ceased
Nilesh Ratilal Makadia ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 98.35 Lakh with Charge ID 10549528 was registered on 25 Mar 2013.

2 earlier events are in the company report.

News

Frequently asked questions

Silex Industries is an active private limited company based in Chotila, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 January 2012 (14+ years old) and is registered under CIN U24100GJ2012PTC068763.

Silex Industries has 2 current directors:

The latest financial statements of Silex Industries 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 Silex Industries is 24AAQCS9671N1ZC, registered in Gujarat.

The CIN (Corporate Identification Number) of Silex Industries is U24100GJ2012PTC068763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Silex Industries has 9 court cases on record: 7 filed by the company and 2 filed against it.

Silex Industries was incorporated on 25 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Radha Abhay Vachhani was appointed as Director on 10 Dec 2020. Manishbhai Govindlal Vachani ceased to be Director on 17 Nov 2020. Nilesh Ratilal Makadia ceased to be Additional Director on 28 Sep 2015. Silex Industries has 4 board changes on record in total.

Yes, Silex Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-23-0002904).

Silex Industries has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 5 micro and small suppliers. The latest return was filed on 17 Dec 2019.

The registered office of Silex Industries is at Bamanbore GIDC Plot No. 1101 – 1105 BH Utkarsh Ind. Ahmedabad NH – 8B Highwa, Y, Chotila, Gujarat, India – 363520.