About Spectrum Ethers Private Limited
Data last updated:
Spectrum Ethers Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 02 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1993PTC070620. Its GSTIN is 27AAECS0266M1Z3 (Maharashtra). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹10.91 Cr. It was formerly known as Spectrum Ethers Ltd. It is led by directors including Milind Shankarrao Kolhe (Managing Director) and Chandrashekhar Vitthalrao Joshi.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No 367 Rasegaon Villagenashik Peth Road Nashik, Maharashtra, India – 422202.
As per the financials filed for FY 2025, the company reported a revenue of ₹354.8 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹10.6 Cr (net margin 3%) and EBITDA of ₹20.28 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 208 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹160 Cr and satisfied charges of ₹251.62 Cr on record. Court records list 39 cases involving the company, including 18 filed by the company and 14 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrumethers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No 367 Rasegaon Villagenashik Peth Road Nashik, Maharashtra, India – 422202
- IndustryAgriculture, Fertilizers & Soil Enhancers
- 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
- One PDF report, delivered after checkout
CIN History of Spectrum Ethers Private Limited
Spectrum Ethers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100MH1993PTC070620, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH1993PTC070620 | Current |
| L24100MH1993PLC070620 | Previous |
| U24100MH1993PLC070620 | Previous |
Business Activity of Spectrum Ethers Private Limited
The main business activity of Spectrum Ethers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Spectrum Ethers Private Limited
Spectrum Ethers Private Limited is audited by Kavathekar &Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kavathekar &Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spectrum Ethers Private Limited
Spectrum Ethers has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekhar Vitthalrao Joshi | Director | 29 Sep 2017 | 9 Years 0 Months | Current |
| Arun Gangadhar Daware | Director | 26 Feb 2016 | 10 Years 7 Months | Current |
| Milind Shankarrao Kolhe Also directs: KK Aqvantage Private Limited | Managing Director | 24 Jan 2010 | 16 Years 8 Months | Current |
| Jugalkishore Ganpatlalji Agrawal Also directs: JKS Hospitality LLP, Fuelcoal Corporation India Limited | Director | 11 Dec 1995 | 30 Years 9 Months | Current |
Financials of Spectrum Ethers Private Limited FY 2025 filings available
Spectrum Ethers Private Limited reported revenue of ₹354.8 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spectrum Ethers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 16% growth in the latest year. EBITDA rose 35% 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 of Spectrum Ethers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.6 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 of Spectrum Ethers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spectrum Ethers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spectrum Ethers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spectrum Ethers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 2022 | Citi Bank N.A. | ₹30 Cr | Open |
| 07 Dec 2021 | Citi Bank N.A. | ₹30 Cr | Open |
| 28 May 2021 | Others | ₹50 Cr | Open |
| 31 Mar 2021 | Yes Bank Limited | ₹50 Cr | Open |
| 07 Jan 2016 | State Bank of India | ₹56.13 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Spectrum Ethers Private Limited
Spectrum Ethers Private Limited has a workforce of 208 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Spectrum Ethers Private Limited
Spectrum Ethers has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS0266M1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AAECS0266M2Z2 | Maharashtra | Active | 12 Mar 2024 |
| 08AAECS0266M1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 24AAECS0266M1Z9 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Spectrum Ethers Private Limited
Spectrum Ethers Private Limited has 39 court cases on record: 18 filed by Spectrum Ethers, 14 filed against it, 7 where it is another party. 6 cases are pending and 33 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 5 | 5 |
| High courts | 13 | 9 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Civil suit | Filed against the company by Balaji Amines Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Akry Organics Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Star Chemicals (Bombay) Private Limited | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Buldhana, Maharashtra | Civil suit | Company is another party | Pending |
Full case history
All 39 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Spectrum Ethers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spectrum Ethers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spectrum Ethers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spectrum Ethers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Spectrum Ethers Private Limited
Frequently Asked Questions about Spectrum Ethers Private Limited
Spectrum Ethers is an active private limited company based in Nashik, Maharashtra, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 02 February 1993 (33+ years old) and is registered under CIN U24100MH1993PTC070620.
Spectrum Ethers reported revenue of ₹354.8 Cr for FY 2025 (up 16% YoY).
Spectrum Ethers has 4 current directors:
- Milind Shankarrao Kolhe - Managing Director
- Chandrashekhar Vitthalrao Joshi - Director
- Arun Gangadhar Daware - Director
- Jugalkishore Ganpatlalji Agrawal - Director
Spectrum Ethers reported a net profit of ₹10.6 Cr (net margin 3%) and EBITDA of ₹20.28 Cr (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spectrum Ethers is -2% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spectrum Ethers is 27AAECS0266M1Z3, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAECS0266M2Z2 (Maharashtra), 08AAECS0266M1Z3 (Rajasthan), 24AAECS0266M1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Spectrum Ethers is U24100MH1993PTC070620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Ethers has 39 court cases on record: 18 filed by the company and 14 filed against it. 6 are pending. Most are in the district courts.
Spectrum Ethers was incorporated on 02 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.