Sudarshan Solvents Industries Limited

Sudarshan Solvents Industries Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24100MH2011PLC218888 Incorporated 21 June 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company chemicals and materials
Revenue · FY 2024
₹38.96 Cr
▲ 28% YoY
Net profit · FY 2024
₹46.29 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹2.07 Cr
EBITDA margin 5.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹2.62 Cr
Issued & subscribed
Open charges
₹10.98 Cr
Satisfied ₹9.77 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Sudarshan Solvents Industries Limited

Data last updated:

Sudarshan Solvents Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 21 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2011PLC218888. Its GSTIN is 27AARCS5217P1ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.62 Cr. It is led by directors including Sunil Dwarkadas Mehta and Hemal Vasantrai Mehta.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹38.96 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹46.29 Lakh (net margin 1.2%) and EBITDA of ₹2.07 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.

The company is associated with 1 brand: Sudarsan Speciality Chemsolve. As per MCA filings, the company has open charges of ₹10.98 Cr and satisfied charges of ₹9.77 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 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 sudarshangrp.co.in.

Company details

CIN U24100MH2011PLC218888
Registration Number 218888
Incorporation Date 21 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Sudarshan Solvents Industries Limited's registered office is in Mumbai, Maharashtra. Its website is sudarshangrp.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    55/547 Mhb Colony Opp Parijat Society Above Krishna Studio. Mahavir Nagar. Kan, Divali (W), Mumbai, Maharashtra, India – 400067
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Sudarshan Solvents Industries Limited, buy the company report.

Comprehensive company report
Sudarshan Solvents Industries 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

Sudarshan Solvents Industries operates one associated brand: Sudarsan Speciality Chemsolve. Each brand links to its own profile.

BrandDescriptionWebsite
Produces high-quality active pharmaceutical ingredients and finished dosage forms.sudarshangrp.co.in

Business activity

The main business activity of Sudarshan Solvents Industries 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 Sudarshan Solvents Industries Limited, buy the company report.

Financials of Sudarshan Solvents Industries Limited

FY 2025 filings available

Sudarshan Solvents Industries Limited reported revenue of ₹38.96 Cr (up 28% YoY) for FY 2024.

Revenue · FY 2024
₹38.96 Cr ▲ 28%
Net profit · FY 2024
₹46.29 Lakh margin 1.2%
EBITDA · FY 2024
₹2.07 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 12%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 19%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 28% growth in the latest year. EBITDA rose 47% 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₹2.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹46.29 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 Margin5.3%
Net Profit Margin1.2%
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 Sudarshan Solvents Industries Limited, buy the company report.

Board of directors of Sudarshan Solvents Industries Limited

Sudarshan Solvents Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunil Dwarkadas MehtaDirector29 Sep 20224 Years 1 MonthsCurrent
Hemal Vasantrai MehtaDirector15 Sep 20188 Years 1 MonthsCurrent
Sachin Vasantrai MehtaDirector21 Jun 201115 Years 4 MonthsCurrent

Auditor

Sudarshan Solvents Industries Limited is audited by NGST & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
NGST & AssociatesFY 2022135159W

Shareholding

The shareholding of Sudarshan Solvents Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sudarshan Solvents Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹10.98 Cr
Satisfied charges
₹9.77 Cr
Breakdown by lending institutions
Others₹9.48 Cr
Tata Capital Financial Services Limited₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Apr 2023100706602Tata Capital Financial Services Limited₹1.5 CrOpen
02 Mar 2022100551248Others₹48 LakhOpen
27 Dec 2018100229124Others₹9 CrOpen
19 Jun 2020100358470Others₹82 LakhSatisfied
30 Mar 2020100358468Others₹45 LakhSatisfied

To see the full charge records of Sudarshan Solvents Industries Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

Sudarshan Solvents Industries Limited has 9 MSME Form 1 returns on record between 2018 and 2024, listing 27 overdue payments to 9 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 9)

SupplierAmount dueDue sinceReported on
NK Chemicals Pvt Ltd
an individual supplier
Gatik Synthesis LLP
Daril Impex Private Limited
an individual supplier

To see the full MSME payment records of Sudarshan Solvents Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Sudarshan Solvents Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AARCS5217P1ZJMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sudarshan Solvents Industries Limited, buy the company report.

Recent activity

Sudarshan Solvents Industries Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Sunil Dwarkadas Mehta was appointed as Director on 29 Sep 2022.

AGM
Sudarshan Solvents Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sudarshan Solvents Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 19 Jun 2020 via Charge ID 100358470 with Others was fully satisfied on 10 Oct 2023.
Charges
A charge registered on 30 Mar 2020 via Charge ID 100358468 with Others was fully satisfied on 10 Oct 2023.
Charges
A charge registered on 27 Dec 2018 via Charge ID 100229127 with Others was fully satisfied on 10 Oct 2023.
Charges
A charge with Others of Rs. 9.00 Cr registered on 27 Dec 2018 with Charge ID 100229124 was modified on 27 Sep 2023.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 1.50 Cr with Charge ID 100706602 was registered on 10 Apr 2023.
Appointed
Sunil Dwarkadas Mehta was appointed as Director.
Ceased
Vasantray Ratilal Mehta ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100551248 was registered on 02 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.82 Cr with Charge ID 100358470 was registered on 19 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100358468 was registered on 30 Mar 2020.

14 earlier events are in the company report.

Frequently asked questions

Sudarshan Solvents Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 21 June 2011 (15+ years old) and is registered under CIN U24100MH2011PLC218888.

Sudarshan Solvents Industries has 3 current directors:

The latest financial statements of Sudarshan Solvents Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sudarshan Solvents Industries is 27AARCS5217P1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Sudarshan Solvents Industries is U24100MH2011PLC218888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sudarshan Solvents Industries has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.

Sudarshan Solvents Industries was incorporated on 21 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Sunil Dwarkadas Mehta was appointed as Director on 29 Sep 2022. Vasantray Ratilal Mehta ceased to be Additional Director on 29 Sep 2022. Sunil Dwarkadas Mehta ceased to be Additional Director on 29 Sep 2018. Sudarshan Solvents Industries has 9 board changes on record in total.

Sudarshan Solvents Industries has 9 MSME Form 1 returns on record between 2018 and 2024, listing 27 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Sudarshan Solvents Industries can be reached through the website sudarshangrp.co.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Sudarshan Solvents Industries is at 55547 Mhb Colony Opp Parijat Society Above Krishna Studio. Mahavir Nagar. Kan, Divali W, Mumbai, Maharashtra, India – 400067.