MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0000083
Skinnovation Private Limited - fmcg in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹116.54 Cr
▼ 2% YoY
Net profit · FY 2025
₹7.44 Cr
Net margin 6.4%
EBITDA · FY 2025
₹16.36 Cr
EBITDA margin 14%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.97 Lakh
Issued & subscribed
Open charges
₹81.26 Cr
Satisfied ₹3.92 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
113
Provident fund records
About Skinnovation Private Limited
Data last updated:
Skinnovation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 21 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2011PTC223382. Its GSTIN is 27AAQCS5307K1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.97 Lakh. It is led by directors Kalpesh Sitaram Gawade and Rajani Kalpesh Gawade.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹116.54 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.44 Cr (net margin 6.4%) and EBITDA of ₹16.36 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 27% over five years.
The company has about 113 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Skinnovation. As per MCA filings, the company has open charges of ₹81.26 Cr and satisfied charges of ₹3.92 Cr on record.
Skinnovation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skinnovation.in.
Company details
CIN U51101MH2011PTC223382
Registration Number 223382
Incorporation Date 21 October 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 Medium
Udyam Registration UDYAM-MH-18-0000083
Recognitions & Rankings of Skinnovation
Contact details
Skinnovation Private Limited's registered office is in Mumbai, Maharashtra. Its website is skinnovation.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 802 & 802A Suhas Chs Ltd. S. No. 2 Plot No 17 Gulmohar Cross Road No 12 Juhu S, Cheme, Mumbai, Maharashtra, India – 400049
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Skinnovation Private Limited, buy the company report.
Comprehensive company report
Skinnovation 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
Skinnovation operates one associated brand: Skinnovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides innovative medical devices for aesthetic dermatology treatments in India. | skinnovation.in |
Business activity
The main business activity of Skinnovation 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 Skinnovation Private Limited, buy the company report.
Financials of Skinnovation Private Limited
FY 2024 filings availableSkinnovation Private Limited reported revenue of ₹116.54 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹116.54 Cr ▼ 2%
Net profit · FY 2025
₹7.44 Cr margin 6.4%
EBITDA · FY 2025
₹16.36 Cr margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 32%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 52%
5 years · compounded
▲ 59%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA rose 21% 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 |
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| EBITDA | ₹16.36 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 6.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Skinnovation Private Limited, buy the company report.
Board of directors of Skinnovation Private Limited
Skinnovation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Sitaram Gawade Also directs: Nutri Quest Private Limited, Tamarack Private Limited, Skinnovation Next Private Limited and 3 more | Director | 02 Dec 2017 | 8 Years 10 Months | Current |
| Rajani Kalpesh Gawade Also directs: Nutri Quest Private Limited, Tamarack Private Limited, Skinnovation Next Private Limited and 2 more | Director | 02 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Skinnovation Private Limited is audited by D.S.K. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.S.K. & ASSOCIATES | FY 2023 | 117710W |
Shareholding
The shareholding of Skinnovation 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Skinnovation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹81.26 Cr
Satisfied charges
₹3.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101191044 | Standard Chartered Bank | ₹20 Cr | Open | |
| 09 Sep 2025 | 101158774 | Others | ₹10 Cr | Open | |
| 18 Mar 2025 | 101072047 | Others | ₹1.2 Cr | Open | |
| 14 Aug 2024 | 100967632 | Others | ₹1.2 Cr | Open | |
| 18 Oct 2021 | 100500559 | Others | ₹1 Cr | Open |
To see the full charge records of Skinnovation Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Skinnovation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Skinnovation Private Limited was last rated by Acuite on 13 May 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 13 May 2026 |
To see the full credit ratings and regulatory alerts of Skinnovation Private Limited, buy the company report.
MSME payment delays
Skinnovation Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 74 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JD Couriers and Cargo Private Limited | |||
| Navigators Visa Global Logistics Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| M/S. Shree Enterprises |
To see the full MSME payment records of Skinnovation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Skinnovation Private Limited has a workforce of 113 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
113
Active EPFO establishments
1
Employee growth
14.14%
GST
Skinnovation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS5307K1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skinnovation Private Limited, buy the company report.
Recent activity
Skinnovation Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Chaita Chakor Baviskar ceased to be Director on 14 Dec 2018.
Charges
A charge with Standard Chartered Bank amounted to Rs. 2,000.00 Lakh with Charge ID 101191044 was registered on 28 Nov 2025.
Charges
A charge registered on 19 Sep 2025 via Charge ID 101157063 with Others was fully satisfied on 15 Oct 2025.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 101157063 was registered on 19 Sep 2025.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 101158774 was registered on 09 Sep 2025.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 09 Sep 2025 with Charge ID 101158774 was modified on 09 Sep 2025.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 101072047 was registered on 18 Mar 2025.
Charges
A charge registered on 24 Feb 2025 via Charge ID 101053911 with Others was fully satisfied on 18 Mar 2025.
Charges
A charge registered on 20 Feb 2025 via Charge ID 101054622 with Others was fully satisfied on 18 Mar 2025.
Charges
A charge with Others amounted to Rs. 21.00 Lakh with Charge ID 101053911 was registered on 24 Feb 2025.
Charges
A charge with Others amounted to Rs. 21.00 Lakh with Charge ID 101054622 was registered on 20 Feb 2025.
AGM
Skinnovation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100967632 was registered on 14 Aug 2024.
14 earlier events are in the company report.
Frequently asked questions
Skinnovation is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 21 October 2011 (15+ years old) and is registered under CIN U51101MH2011PTC223382.
Skinnovation has 2 current directors:
- Kalpesh Sitaram Gawade - Director
- Rajani Kalpesh Gawade - Director
The latest financial statements of Skinnovation 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 Skinnovation is 27AAQCS5307K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Skinnovation is U51101MH2011PTC223382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skinnovation was incorporated on 21 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Chaita Chakor Baviskar ceased to be Director on 14 Dec 2018. Chakor Baviskar ceased to be Director on 14 Dec 2018. Kalpesh Sitaram Gawade was appointed as Director on 02 Dec 2017. Skinnovation has 6 board changes on record in total.
Yes, Skinnovation is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0000083).
Skinnovation has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 74 overdue payments to 20 micro and small suppliers. The latest return was filed on 06 May 2024.
Skinnovation can be reached through the website skinnovation.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Skinnovation is at Flat No. 802 & 802A Suhas Chs Ltd. S. No. 2 Plot No 17 Gulmohar Cross Road No 12 Juhu S, Cheme, Mumbai, Maharashtra, India – 400049.