
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3 – A & B Archies Court Shankar Seth Road, Pune, Maharashtra, India – 411037
- IndustryMetals and Minerals, Other Metals & Minerals
- 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
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal 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.
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.
Compounded Annual Growth Rate (CAGR) of SRC Chemicals Private Limited
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
| 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 | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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.
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.
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G BHAGWAT LLP | 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 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Sureshkumar Lakhotia | Whole-Time Director | 21 Aug 2002 | 24 Years 1 Months | Current |
| Sunil Lakhotia Also directs: Alchemist Steel LLP, Gunmala Vinimay Pvt Ltd | Whole-Time Director | 21 Aug 2002 | 24 Years 1 Months | Current |
| Suresh Kumar Lakhotia Also directs: Alchemist Steel LLP, Shree Ram Lime Products Private Limited, Sridhar Corporate Management Pvt Ltd and 3 more | Managing Director | 21 Aug 2002 | 24 Years 1 Months | Current |
Ownership and Shareholding of SRC Chemicals 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 SRC Chemicals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2023 | Hdfc Bank Limited | ₹23 Lakh | Open |
| 04 Feb 2015 | Hdfc Bank Limited | ₹20 Cr | Open |
| 02 Feb 2015 | Hdfc Bank Limited | ₹28.35 Cr | Satisfied |
| 28 Feb 2007 | State Bank of India Commercial Branch | ₹19.35 Cr | Satisfied |
| 09 May 2003 | State Bank of India | ₹46 Lakh | Satisfied |
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.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2014 | Funding round | ₹2.73 Cr | Investors: S K Lakhotia Huf, Ritona Vinimay Pvt Ltd , 2 individuals |
| Mar 2012 | Funding round | ₹14.2 Lakh | Investors: Rasalika Trading and Investment Company Private Limited , 3 individuals |
| Mar 2010 | Funding round | ₹2 Cr | Investors: Ritona Vinimay Pvt Ltd , Rasalika Trading and Investment Company Private Limited |
| Feb 2008 | Funding round | ₹1.7 Cr | Investors: Sridhar Corporate Management Pvt Ltd , Ritona Vinimay Pvt Ltd , 2 individuals |
| Mar 2007 | Funding round | ₹24.5 Lakh | Investors: Darpan Barter Private Limited, Alka Lefin Pvt Ltd , Sakambari Impex Pvt Ltd , an individual |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of SRC Chemicals Private Limited
SRC Chemicals Private Limited has 37 court cases on record: 19 filed by SRC Chemicals, 17 filed against it, 1 where it is another party. 3 cases are pending and 34 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 17 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Rathi Steel and Power Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Pradhan Industries Limited | Disposed |
| District court, KOPPAL, Karnataka | Court case (COM.O.S) | Filed by the company against Thalaivar Steels Limited and 1 other | Disposed |
| District court, KOPPAL, Karnataka | Court case (COM.O.S) | Filed by the company against Rayen Steels Private Limited | Disposed |
| District court, KOPPAL, Karnataka | Court case (COM.O.S) | Filed by the company against Sapphire Manufacturing and Marketing Private Limited | Disposed |
Full case history
All 37 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.
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Team Ferro Alloys Private Limited | •••• | •••• | •••• |
| Shree Ram Lime Products Private Limited | •••• | •••• | •••• |
| Suprabha Protective Products Pvt Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 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.
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| G S Solvent Private Limited | U51109PN1999PTC208707 | Locked |
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.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SRC Chemicals 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.
Subsidiaries & Group Companies of SRC Chemicals 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.
GST Compliance of SRC Chemicals Private Limited
SRC Chemicals has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS4272J1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 29AAHCS4272J1ZW | Karnataka | Active | 01 Jul 2017 |
| 37AAHCS4272J1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
| 27AAHCS4272J1D9 | Maharashtra | Active | 17 Mar 2025 |
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.
MCA Filings & Documents of SRC Chemicals 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.
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:
- Suresh Kumar Lakhotia - Managing Director
- Meena Sureshkumar Lakhotia - Whole-Time Director
- Sunil Lakhotia - Whole-Time Director
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.