Speed International (India) Private Limited

Speed International (India) Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH2012PTC231815 Incorporated 04 June 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2024
₹32.34 Cr
▲ 24% YoY
Net profit · FY 2024
₹60.04 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹1.47 Cr
EBITDA margin 4.6%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.85 Cr
Issued & subscribed
Open charges
₹4.02 Cr
Satisfied ₹3.9 Cr
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings

About Speed International (India) Private Limited

Data last updated:

Speed International (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 04 June 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2012PTC231815. Its GSTIN is 27AARCS5768F1ZO (Maharashtra).

The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.85 Cr. It is led by directors including Kalpesh Manubhai Mehta (Managing Director) and Harsh Arvind Mehta.

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 23 Keshavji Naik Road Shop No 49A Ground Floor Chanda Ramji Building Masjid Bunder(W), Mumbai, Maharashtra, India – 400009.

As per the financials filed for FY 2024, the company reported a revenue of ₹32.34 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹60.04 Lakh (net margin 1.9%) and EBITDA of ₹1.47 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 28% over five years.

The company is associated with 1 brand: s Speed International. As per MCA filings, the company has open charges of ₹4.02 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is 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 speediipl.com.

Company details

CIN U24100MH2012PTC231815
Registration Number 231815
Incorporation Date 04 June 2012
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

Contact details

Speed International (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is speediipl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    23 Keshavji Naik Road Shop No 49A Ground Floor Chanda Ramji Building Masjid Bunder(W), Mumbai, Maharashtra, India – 400009
  • Industry
    Chemicals and Materials, Organic Chemicals & Compounds

To see the full contact details of Speed International (India) Private Limited, buy the company report.

Comprehensive company report
Speed International (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

Speed International (India) operates one associated brand: s Speed International. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures chemical products like permanganates and supplies engineering joints for industries.speediipl.com

Business activity

The main business activity of Speed International (India) is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Speed International (India) Private Limited, buy the company report.

Financials of Speed International (India) Private Limited

FY 2024 filings available

Speed International (India) Private Limited reported revenue of ₹32.34 Cr (up 24% YoY) for FY 2024.

Revenue · FY 2024
₹32.34 Cr ▲ 24%
Net profit · FY 2024
₹60.04 Lakh margin 1.9%
EBITDA · FY 2024
₹1.47 Cr margin 4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 31%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 227%
3 years · compounded
▼ 8%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 24% growth in the latest year. EBITDA rose 227% 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₹1.47 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹60.04 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 Margin4.6%
Net Profit Margin1.9%
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 Speed International (India) Private Limited, buy the company report.

Board of directors of Speed International (India) Private Limited

Speed International (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harsh Arvind MehtaDirector04 Jan 20215 Years 9 MonthsCurrent
Kalpesh Manubhai MehtaManaging Director04 Jun 201214 Years 4 MonthsCurrent
Umang Rajesh MehtaDirector20 Sep 20251 Years 1 MonthsCurrent

Auditor

Speed International (India) Private Limited is audited by R R Chheda & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
R R Chheda & AssociatesFY 2022111937W

Shareholding

The shareholding of Speed International (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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Speed International (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.02 Cr
Satisfied charges
₹3.9 Cr
Breakdown by lending institutions
Others₹4.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Jan 2021100410107Others₹50.97 LakhOpen
27 Feb 2018100175868Others₹3.52 CrOpen
14 May 201310429348Allahabad Bank₹3.9 CrSatisfied

To see the full charge records of Speed International (India) Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Speed International (India) Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 15 overdue payments to 6 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 6)

SupplierAmount dueDue sinceReported on
an individual supplier
Intec Logistics Private Limited
Mitsu Chem Plast Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Speed International (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Speed International (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AARCS5768F1ZOMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Speed International (India) Private Limited, buy the company report.

Recent activity

Speed International (India) Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Umang Rajesh Mehta ceased to be Additional Director on 29 Sep 2025.

Ceased
Umang Rajesh Mehta ceased to be Additional Director.
Appointed
Umang Rajesh Mehta was appointed as Director.
AGM
Speed International (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Speed International (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 3.52 Cr registered on 27 Feb 2018 with Charge ID 100175868 was modified on 10 Mar 2022.
Ceased
Arvind Manubhai Mehta ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100410107 was registered on 04 Jan 2021.
Appointed
Harsh Arvind Mehta was appointed as Director.
Ceased
Harsh Arvind Mehta ceased to be Director.
Charges
A charge registered on 14 May 2013 via Charge ID 10429348 with Allahabad Bank was fully satisfied on 14 May 2018.
Charges
A charge with Others amounted to Rs. 3.52 Cr with Charge ID 100175868 was registered on 27 Feb 2018.
Charges
A charge with Allahabad Bank amounted to Rs. 3.90 Cr with Charge ID 10429348 was registered on 14 May 2013.

2 earlier events are in the company report.

Frequently asked questions

Speed International (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 04 June 2012 (14+ years old) and is registered under CIN U24100MH2012PTC231815.

Speed International (India) has 3 current directors:

The latest financial statements of Speed International (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 Speed International (India) is 27AARCS5768F1ZO, registered in Maharashtra.

The CIN (Corporate Identification Number) of Speed International (India) is U24100MH2012PTC231815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Speed International (India) has 1 court case on record: 1 filed against it. 1 is pending.

Speed International (India) was incorporated on 04 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

Umang Rajesh Mehta ceased to be Additional Director on 29 Sep 2025. Umang Rajesh Mehta was appointed as Director on 20 Sep 2025. Arvind Manubhai Mehta ceased to be Director on 09 Mar 2022. Speed International (India) has 6 board changes on record in total.

Speed International (India) has 2 MSME Form 1 returns on record between 2020 and 2021, listing 15 overdue payments to 6 micro and small suppliers. The latest return was filed on 31 Jul 2021.

Speed International (India) can be reached through the website speediipl.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Speed International (India) is at 23 Keshavji Naik Road Shop No 49A Ground Floor Chanda Ramji Building Masjid BunderW, Mumbai, Maharashtra, India – 400009.