MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0175333
SK Formulations India Private Limited - chemicals and materials in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.92 Cr
▲ 23% YoY
Net profit · FY 2023
₹1.49 Cr
Net margin 21.6%
EBITDA · FY 2023
₹2.15 Cr
EBITDA margin 31%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹43.5 Lakh
Issued & subscribed
Open charges
₹2.56 Cr
Satisfied ₹96.39 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
17
Provident fund records
About SK Formulations India Private Limited
Data last updated:
SK Formulations India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 09 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2011PTC213239. Its GSTIN is 27AAPCS4029P1ZL (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹43.5 Lakh. It is led by directors Sachin Shashikant Joshi and Kusum Joshi Sachin.
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 R – 406 Ttc Industrial Area MIDC Thane – Belapur Road Rabale Navi Mumbai, Maharashtra, India – 400700.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.92 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 21.6%) and EBITDA of ₹2.15 Cr (EBITDA margin 31%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SK Formulations. As per MCA filings, the company has open charges of ₹2.56 Cr and satisfied charges of ₹96.39 Lakh on record.
SK Formulations India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0175333). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skformulations.com.
Company details
CIN U24299MH2011PTC213239
Registration Number 213239
Incorporation Date 09 February 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0175333
Recognitions & Rankings of SK Formulations India
Contact details
SK Formulations India Private Limited's registered office is in Thane, Maharashtra. Its website is skformulations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR – 406 Ttc Industrial Area MIDC Thane – Belapur Road Rabale Navi Mumbai, Maharashtra, India – 400700
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of SK Formulations India Private Limited, buy the company report.
Comprehensive company report
SK Formulations India 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
SK Formulations India operates one associated brand: SK Formulations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Speciality surface coatings for high-end industrial applications. | skformulations.com |
Business activity
The main business activity of SK Formulations 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 SK Formulations India Private Limited, buy the company report.
Financials of SK Formulations India Private Limited
FY 2024 filings availableSK Formulations India Private Limited reported revenue of ₹6.92 Cr (up 23% YoY) for FY 2023.
Revenue · FY 2023
₹6.92 Cr ▲ 23%
Net profit · FY 2023
₹1.49 Cr margin 21.6%
EBITDA · FY 2023
₹2.15 Cr margin 31%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 10%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 67%
5 years · compounded
▲ 2%
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 24% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.92 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.49 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31% | ||||
| Net Profit Margin | 21.6% | ||||
| 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 SK Formulations India Private Limited, buy the company report.
Board of directors of SK Formulations India Private Limited
SK Formulations India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Shashikant Joshi | Director | 09 Feb 2011 | 15 Years 8 Months | Current |
| Kusum Joshi Sachin | Director | 09 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
SK Formulations India Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Formulations, 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 |
|---|---|---|---|---|---|---|
| Vulcan Laboratories Pvt Ltd | ₹6.93 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Spab Chemicals Private Limited | ₹6.93 Cr (FY 2024) | 26.0% | Mumbai, Maharashtra, India | |||
| Explicit Chemicals Private Limited | ₹6.92 Cr (FY 2024) | -34.0% | Pune, Maharashtra, India | |||
| SK Formulations India Private Limitedthis company | ₹6.92 Cr (FY 2023) | ₹1.49 Cr | 21.6% | 23.0% | 17 | Thane, Maharashtra, India |
| Vikram Laboratories Private Limited | ₹6.9 Cr (FY 2025) | -25.0% | Uttar Pradesh, India |
To see the full peer comparison of SK Formulations India Private Limited, buy the company report.
Auditor
SK Formulations India Private Limited is audited by KNCS AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KNCS AND CO | FY 2023 | 124740W |
Shareholding
The shareholding of SK Formulations India 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 SK Formulations India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.56 Cr
Satisfied charges
₹96.39 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2014 | 10531230 | Thane Bharat Sahakari Bank Limited | ₹65 Lakh | Open | |
| 12 Apr 2014 | 10493623 | Thane Bharat Sahakari Bank Limited | ₹60,000 | Open | |
| 27 May 2011 | 10292106 | Thane Bharat Sahakari Bank Ltd | ₹25 Lakh | Open | |
| 19 May 2011 | 10292726 | Thane Bharat Sahakari Bank Ltd. | ₹1.65 Cr | Open | |
| 03 Dec 2013 | 10471983 | Thane Bharat Sahakari Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of SK Formulations India Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving SK Formulations India 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
SK Formulations India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 28 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 |
|---|---|---|---|
| Colour India | |||
| an individual supplier | |||
| Uttam Chemicals | |||
| an individual supplier | |||
| Technostar Engineering Private Limited |
To see the full MSME payment records of SK Formulations India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SK Formulations India Private Limited has a workforce of 17 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
GST
SK Formulations India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS4029P1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SK Formulations India Private Limited, buy the company report.
Recent activity
SK Formulations India Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Kusum Joshi Sachin was appointed as Director on 09 Feb 2011.
AGM
Sk Formulations India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sk Formulations India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Thane Bharat Sahakari Bank Limited amounted to Rs. 65.00 Lakh with Charge ID 10531230 was registered on 16 Oct 2014.
Charges
A charge registered on 03 Dec 2013 via Charge ID 10471983 with Thane Bharat Sahakari Bank Limited was fully satisfied on 20 May 2014.
Charges
A charge with Thane Bharat Sahakari Bank Limited amounted to Rs. 0.60 Lakh with Charge ID 10493623 was registered on 12 Apr 2014.
Charges
A charge registered on 28 Sep 2011 via Charge ID 10354038 with Thane Bharat Sahakari Bank Ltd. was fully satisfied on 10 Apr 2014.
Charges
A charge registered on 30 Jul 2011 via Charge ID 10307240 with Thane Bharat Sahakari Bank Ltd. was fully satisfied on 10 Apr 2014.
Charges
A charge with Thane Bharat Sahakari Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 10471983 was registered on 03 Dec 2013.
Charges
A charge registered on 30 Jul 2011 via Charge ID 10302386 with Thane Bharat Sahakari Bank Ltd. was fully satisfied on 30 Apr 2013.
Charges
A charge registered on 30 Jul 2011 via Charge ID 10302482 with Thane Bharat Sahakari Bank Ltd. was fully satisfied on 30 Apr 2013.
Charges
A charge with Thane Bharat Sahakari Bank Ltd. amounted to Rs. 20.00 Lakh with Charge ID 10354038 was registered on 28 Sep 2011.
Charges
A charge with Thane Bharat Sahakari Bank Ltd. amounted to Rs. 1.54 Lakh with Charge ID 10302386 was registered on 30 Jul 2011.
8 earlier events are in the company report.
Frequently asked questions
SK Formulations India is an active private limited company based in Thane, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 09 February 2011 (15+ years old) and is registered under CIN U24299MH2011PTC213239.
SK Formulations India has 2 current directors:
- Sachin Shashikant Joshi - Director
- Kusum Joshi Sachin - Director
The latest financial statements of SK Formulations 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 2015 are in the company report.
The GSTIN of SK Formulations India is 27AAPCS4029P1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of SK Formulations India is U24299MH2011PTC213239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SK Formulations India was incorporated on 09 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of SK Formulations India by revenue are Vulcan Laboratories Pvt Ltd, Spab Chemicals Private Limited, Explicit Chemicals Private Limited, Vikram Laboratories Private Limited, all in the Chemicals industry (Formulations, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kusum Joshi Sachin was appointed as Director on 09 Feb 2011. Sachin Shashikant Joshi was appointed as Director on 09 Feb 2011.
Yes, SK Formulations India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0175333).
SK Formulations India has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 28 overdue payments to 7 micro and small suppliers. The latest return was filed on 16 Nov 2019.
SK Formulations India can be reached through the website skformulations.com. Its registered office is in Thane, Maharashtra, India.
The registered office of SK Formulations India is at R – 406 Ttc Industrial Area MIDC Thane – Belapur Road Rabale Navi Mumbai, Maharashtra, India – 400700.
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