SRC Chemicals Private Limited

SRC Chemicals Private Limited - metals and minerals in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U14107PN2002PTC017227 Incorporated 21 August 2002 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2025
₹334.86 Cr
▲ 3% YoY
Net profit · FY 2025
₹5.59 Cr
Net margin 1.7%
EBITDA · FY 2025
₹9.98 Cr
EBITDA margin 3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.41 Cr
Issued & subscribed
Open charges
₹20.23 Cr
Satisfied ₹48.16 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
56
Provident fund records

About SRC Chemicals Private Limited

Data last updated:

SRC Chemicals Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 21 August 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U14107PN2002PTC017227. Its GSTIN is 27AAHCS4272J1Z0 (Maharashtra). The company holds 7 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.41 Cr. It is led by directors including Suresh Kumar Lakhotia (Managing Director) and Meena Sureshkumar Lakhotia (Whole-Time Director).

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 3 – A & B Archies Court Shankar Seth Road, Pune, Maharashtra, India – 411037.

As per the financials filed for FY 2025, the company reported a revenue of ₹334.86 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.59 Cr (net margin 1.7%) and EBITDA of ₹9.98 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.

The company has about 56 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹20.23 Cr and satisfied charges of ₹48.16 Cr on record. Court records list 37 cases involving the company, including 19 filed by the company and 17 filed against it; 3 cases are pending. The company has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹6.82 Cr; the latest was in March 2024. Its 10 peer companies in the Metals and Minerals industry (Other Minerals) are compared by revenue, 5 larger and 5 smaller; the largest is Bharat Nre Coke Limited with revenue of ₹355.7 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 7 overdue payments to 3 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreeram.net.

Company Details of SRC Chemicals Private Limited
CIN U14107PN2002PTC017227
Registration Number 017227
Incorporation Date 21 August 2002
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Suresh Kumar Lakhotia Managing Director Meena Sureshkumar Lakhotia Whole-Time Director Sunil Lakhotia Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    shreeram.net
  • Social Media
  • Registered Address
    3 – A & B Archies Court Shankar Seth Road, Pune, Maharashtra, India – 411037
  • Industry
    Metals and Minerals, Other Metals & Minerals
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Financials, compliance, directors, charges, ownership and filings for SRC Chemicals Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of SRC Chemicals Private Limited

The main business activity of SRC Chemicals is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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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.

Financials of SRC Chemicals Private Limited FY 2024 filings available

SRC Chemicals Private Limited reported revenue of ₹334.86 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹334.86 Cr ▲ 3%
Net profit · FY 2025
₹5.59 Cr margin 1.7%
EBITDA · FY 2025
₹9.98 Cr margin 3%

Compounded Annual Growth Rate (CAGR) of SRC Chemicals Private Limited

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 146%
3 years · compounded
▼ 22%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 3% 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 of SRC Chemicals Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹9.98 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹5.59 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 SRC Chemicals Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3%••••••••••••••••
Net Profit Margin1.7%••••••••••••••••
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 SRC Chemicals are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of SRC Chemicals Private Limited

SRC Chemicals Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Other Minerals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bharat Nre Coke Limited₹355.7 Cr (FY 2018)••••••••492.0%••••Kolkata, West Bengal, India
Bla Coke Private Limited₹353.12 Cr (FY 2025)••••••••83.0%••••Mumbai, Maharashtra, India
Dolvi Coke Projects Limited₹350.13 Cr (FY 2019)••••••••51295.0%••••Mumbai, Maharashtra, India
Shaleen Overseas Private Limited₹347.98 Cr (FY 2025)••••••••32.0%••••Indore, Madhya Pradesh, India
Acore Industries Private Limited₹341.2 Cr (FY 2025)••••••••33.0%••••Sandur, Karnataka, India
SRC Chemicals Private Limited this company₹334.86 Cr (FY 2025)••••••••3.0%••••Pune, Maharashtra, India
Orient Ceratech Limited Listed₹330.95 Cr (FY 2025)••••••••5.0%••••Mumbai, Maharashtra, India
Cochin Minerals and Rutile Ltd Listed₹327.41 Cr (FY 2025)••••••••8.0%••••Ernakulam, Kerala, India
United Carbon Solutions Private Limited₹326.57 Cr (FY 2024)••••••••-21.0%••••Avinashipalayampudur Post, Tamil Nadu, India
Hind Multi Services Private Limited₹326.25 Cr (FY 2024)••••••••23.0%••••Bilaspur, Chhattisgarh, India
Astron Zircon Private Limited₹319.62 Cr (FY 2025)••••••••1.0%••••Ahemedabad, Gujarat, India

Peers are the five companies nearest above and the five nearest below SRC Chemicals by revenue in the Metals and Minerals industry (Other Minerals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of SRC Chemicals Private Limited

SRC Chemicals Private Limited is audited by P G BHAGWAT LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
P G BHAGWAT LLPLockedLockedLocked
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Board of Directors of SRC Chemicals Private Limited

SRC Chemicals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Meena Sureshkumar Lakhotia
Also directs: Shree Ram Lime Products Private Limited, Alchemists Ferro Private Limited, Seva Shree Logistics Junction Private Limited
Whole-Time Director21 Aug 200224 Years 1 MonthsCurrent
Sunil Lakhotia
Also directs: Alchemist Steel LLP, Gunmala Vinimay Pvt Ltd
Whole-Time Director21 Aug 200224 Years 1 MonthsCurrent
Suresh Kumar Lakhotia
Also directs: Alchemist Steel LLP, Shree Ram Lime Products Private Limited, Sridhar Corporate Management Pvt Ltd and 3 more
Managing Director21 Aug 200224 Years 1 MonthsCurrent
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Ownership and Shareholding of SRC Chemicals Private Limited

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Charges & Borrowings of SRC Chemicals Private Limited

Open charges
₹20.23 Cr
Satisfied charges
₹48.16 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹20.23 Cr
Latest charge details
DateLenderAmountStatus
08 Nov 2023Hdfc Bank Limited₹23 LakhOpen
04 Feb 2015Hdfc Bank Limited₹20 CrOpen
02 Feb 2015Hdfc Bank Limited₹28.35 CrSatisfied
28 Feb 2007State Bank of India Commercial Branch₹19.35 CrSatisfied
09 May 2003State Bank of India₹46 LakhSatisfied

Total charge records: 5 View all charges

Deals & Funding of SRC Chemicals Private Limited

SRC Chemicals Private Limited has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹6.82 Cr; the latest was in March 2024.

Total deals
13
Secondary share transfers
8
Funding rounds
5
Disclosed funding
₹6.82 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Oct 2014Funding round₹2.73 CrInvestors: S K Lakhotia Huf, Ritona Vinimay Pvt Ltd , 2 individuals
Mar 2012Funding round₹14.2 LakhInvestors: Rasalika Trading and Investment Company Private Limited , 3 individuals
Mar 2010Funding round₹2 CrInvestors: Ritona Vinimay Pvt Ltd , Rasalika Trading and Investment Company Private Limited
Feb 2008Funding round₹1.7 CrInvestors: Sridhar Corporate Management Pvt Ltd , Ritona Vinimay Pvt Ltd , 2 individuals
Mar 2007Funding round₹24.5 LakhInvestors: Darpan Barter Private Limited, Alka Lefin Pvt Ltd , Sakambari Impex Pvt Ltd , an individual
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by SRC Chemicals Private Limited

SRC Chemicals Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 7 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Team Ferro Alloys Private Limited••••••••••••
Shree Ram Lime Products Private Limited••••••••••••
Suprabha Protective Products Pvt Ltd••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at SRC Chemicals Private Limited

SRC Chemicals Private Limited has a workforce of 56 employees as of Mar 30, 2024.

Employee count
56
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of SRC Chemicals Private Limited

SRC Chemicals has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
G S Solvent Private LimitedU51109PN1999PTC208707Locked

Showing major subsidiaries. Total: 1.

Recent Activity on SRC Chemicals Private Limited

SRC Chemicals Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Meena Sureshkumar Lakhotia ceased to be Director on 15 Jan 2015.

Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 04 Feb 2015 with Charge ID 10547766 was modified on 24 Jun 2025.
AGM
Src Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Src Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100856426 was registered on 08 Nov 2023.
Charges
A charge registered on 02 Feb 2015 via Charge ID 10549110 with Hdfc Bank Limited was fully satisfied on 16 Nov 2015.
Charges
A charge registered on 09 May 2003 via Charge ID 90088611 with State Bank Of India was fully satisfied on 01 Jun 2015.
Charges
A charge registered on 28 Feb 2007 via Charge ID 10050632 with State Bank Of India Commercial Branch was fully satisfied on 12 Mar 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 10547766 was registered on 04 Feb 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.35 Cr with Charge ID 10549110 was registered on 02 Feb 2015.
Ceased
Meena Sureshkumar Lakhotia ceased to be Director.
Ceased
Sunil Lakhotia ceased to be Director.
Ceased
Suresh Kumar Lakhotia ceased to be Director.

7 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for SRC Chemicals Private Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of SRC Chemicals Private Limited

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Corporate group structure

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GST Compliance of SRC Chemicals Private Limited

SRC Chemicals has 7 GST registrations: 4 active and 3 cancelled or inactive.

Total GSTINs
7
Active
4
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAHCS4272J1Z0MaharashtraActive01 Jul 2017
29AAHCS4272J1ZWKarnatakaActive01 Jul 2017
37AAHCS4272J1ZZAndhra PradeshActive01 Jul 2017
27AAHCS4272J1D9MaharashtraActive17 Mar 2025
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of SRC Chemicals Private Limited

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MCA filings and documents

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Frequently Asked Questions about SRC Chemicals Private Limited

SRC Chemicals is an active private limited company based in Pune, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 21 August 2002 (24+ years old) and is registered under CIN U14107PN2002PTC017227.

SRC Chemicals reported revenue of ₹334.86 Cr for FY 2025 (up 3% YoY).

SRC Chemicals has 3 current directors:

SRC Chemicals reported a net profit of ₹5.59 Cr (net margin 1.7%) and EBITDA of ₹9.98 Cr (EBITDA margin 3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of SRC Chemicals is 1% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of SRC Chemicals is 27AAHCS4272J1Z0, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAHCS4272J1ZW (Karnataka), 37AAHCS4272J1ZZ (Andhra Pradesh), 27AAHCS4272J1D9 (Maharashtra).

The CIN (Corporate Identification Number) of SRC Chemicals is U14107PN2002PTC017227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

SRC Chemicals has 37 court cases on record: 19 filed by the company and 17 filed against it. 3 are pending. Most are in the district courts.

SRC Chemicals was incorporated on 21 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Pune.

SRC Chemicals has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹6.82 Cr; the latest was in March 2024.

The peers of SRC Chemicals by revenue are Bharat Nre Coke Limited, Bla Coke Private Limited, Dolvi Coke Projects Limited, Shaleen Overseas Private Limited, Acore Industries Private Limited and 5 more, all in the Metals and Minerals industry (Other Minerals).

Meena Sureshkumar Lakhotia ceased to be Director on 15 Jan 2015. Sunil Lakhotia ceased to be Director on 30 Sep 2014. Suresh Kumar Lakhotia ceased to be Director on 30 Sep 2014. SRC Chemicals has 6 board changes on record in total.

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