- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0093964

About Spectra Chemicals Private Limited
Data last updated:
Spectra Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 24 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2012PTC234881. Its GSTIN is 27AARCS9891F1ZG (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Mrugesh Prabhudas Gandhi and Sanket Mrugesh Gandhi.
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 405 M L Spaces D J Road (Station Road) Above Bank Of Baroda Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.87 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Cr (net margin 2.1%) and EBITDA of ₹2.37 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 64% over five years.
The company is associated with 1 brand: Spectra Chemicals. As per MCA filings, the company has open charges of ₹8.45 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in March 2022. Its 5 peer companies in the Chemicals industry (Agro Retail and Distribution, Chemical Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 1 smaller; the largest is Nova Interchem Private Limited with revenue of ₹60.05 Cr.
Spectra Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0093964). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrachemicals.net.
Company details
Recognitions & Rankings of Spectra Chemicals
Contact details
Spectra Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is spectrachemicals.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address405 M L Spaces D J Road (Station Road) Above Bank Of Baroda Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Spectra Chemicals 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
Brands
Spectra Chemicals operates one associated brand: Spectra Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Imports and distributes chemicals, solvents, and agro commodities for industries. | spectrachemicals.net |
Business activity
The main business activity of Spectra Chemicals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spectra Chemicals Private Limited, buy the company report.
Financials of Spectra Chemicals Private Limited
FY 2024 filings availableSpectra Chemicals Private Limited reported revenue of ₹59.87 Cr (up 123% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 123% growth in the latest year. EBITDA rose 146% 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 | ₹2.37 Cr | ||||
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| Net Profit (PAT) | ₹1.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Spectra Chemicals Private Limited, buy the company report.
Board of directors of Spectra Chemicals Private Limited
Spectra Chemicals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrugesh Prabhudas Gandhi | Director | 24 Aug 2012 | 14 Years 2 Months | Current |
| Sanket Mrugesh Gandhi | Director | 24 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Spectra Chemicals Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Agro Retail and Distribution, Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nova Interchem Private Limited | ₹60.05 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| JRM Export Private Limited | ₹60.02 Cr (FY 2023) | 53.0% | Ahmedabad, Gujarat, India | |||
| Dhanashree Crop Solutions Private Limited | ₹60.01 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Sanyo Trading India Private Limited | ₹59.97 Cr (FY 2024) | 37.0% | Gurgaon, Haryana, India | |||
| Spectra Chemicals Private Limitedthis company | ₹59.87 Cr (FY 2025) | ₹1.27 Cr | 2.1% | 123.0% | Mumbai, Maharashtra, India | |
| Kaustav Export Import Private Limited | ₹59.65 Cr (FY 2016) | 149.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Spectra Chemicals Private Limited, buy the company report.
Auditor
Spectra Chemicals Private Limited is audited by M.M.MATHURIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.M.MATHURIA & ASSOCIATES | FY 2023 | 115354W |
Shareholding
The shareholding of Spectra Chemicals 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 Spectra Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2023 | 100718222 | Others | ₹8.27 Cr | Open | |
| 02 Feb 2021 | 100448676 | Others | ₹17.68 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Spectra Chemicals Private Limited has 2 deals on record (2 rights issues); the latest was in March 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹3.8 Lakh | Investors: 2 individuals |
| Jan 2017 | Rights issue | ₹9.8 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spectra Chemicals Private Limited has 3 court cases on record: 2 filed by Spectra Chemicals, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Maharashtra Bio Fertilizers India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Maharashtra Bio Fertilizers India Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by individuals | Disposed |
To see the full case history of Spectra Chemicals 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
No delayed payments to MSME suppliers are on our record for Spectra Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spectra Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS9891F1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spectra Chemicals Private Limited, buy the company report.
Recent activity
Spectra Chemicals Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Mrugesh Prabhudas Gandhi was appointed as Director on 24 Aug 2012.
Frequently asked questions
Spectra Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 24 August 2012 (14+ years old) and is registered under CIN U24233MH2012PTC234881.
Spectra Chemicals has 2 current directors:
- Mrugesh Prabhudas Gandhi - Director
- Sanket Mrugesh Gandhi - Director
The latest financial statements of Spectra Chemicals 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 Spectra Chemicals is 27AARCS9891F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spectra Chemicals is U24233MH2012PTC234881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectra Chemicals has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Spectra Chemicals was incorporated on 24 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Spectra Chemicals has 2 deals on record (2 rights issues); the latest was in March 2022.
The peers of Spectra Chemicals by revenue are Nova Interchem Private Limited, JRM Export Private Limited, Dhanashree Crop Solutions Private Limited, Sanyo Trading India Private Limited, Kaustav Export Import Private Limited, all in the Chemicals industry (Agro Retail and Distribution, Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Mrugesh Prabhudas Gandhi was appointed as Director on 24 Aug 2012. Sanket Mrugesh Gandhi was appointed as Director on 24 Aug 2012.
Yes, Spectra Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0093964).

