India's Richest People 2026 edition · 1 director · Source: Hurun India
- #326 Sujit Jaysukh Bhayani & family ₹11,600 Cr
Revenue · FY 2026
₹3.06 Cr
Latest filing
Net loss · FY 2026
₹59.76 Lakh
Net margin -19.5%
EBITDA · FY 2026
₹52.54 Lakh
EBITDA margin 17.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹270 Cr
Secured borrowings
Company age
2 yrs
Est. 2024
Directors on board
4
As per MCA filings
About Sudeep Advanced Materials Private Limited
Data last updated:
Sudeep Advanced Materials Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the manufacturing segment of the metals and mining sector. It was incorporated on 24 August 2024.
Its director Sujit Jaysukh Bhayani and family are #326 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27201GJ2024PTC154625.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ajay Shrirang Kandelkar and Shanil Sujit Bhayani.
Its last annual general meeting (AGM) was held on 04 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.06 Cr. For the same year it recorded a net loss of ₹59.76 Lakh (net margin -19.5%) and EBITDA of ₹52.54 Lakh (EBITDA margin 17.1%).
As per MCA filings, the company has open charges of ₹270 Cr on record.
For more details, the company can be reached via its website sudeepadvancedmaterials.com.
Company details
CIN U27201GJ2024PTC154625
Registration Number 154625
Incorporation Date 24 August 2024
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Key People
Ajay Shrirang Kandelkar Director Shanil Sujit Bhayani Director Sujit Jaysukh Bhayani Director Recognitions & Rankings of Sudeep Advanced Materials
Contact details
Sudeep Advanced Materials Private Limited's registered office is in Vadodara, Gujarat.
- Registered Address129/1/A GIDC Estate, Nandesari, Vadodara, Gujarat, India – 391340
- IndustryMetal & Minerals, Manufacturing, Precious And Non-Ferrous Metal, Copper
Comprehensive company report
Sudeep Advanced Materials 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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Business activity
The main business activity of Sudeep Advanced Materials is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Sudeep Advanced Materials Private Limited, buy the company report.
Financials of Sudeep Advanced Materials Private Limited
FY 2026 filings availableSudeep Advanced Materials Private Limited reported revenue of ₹3.06 Cr for FY 2026.
Revenue · FY 2026
₹3.06 Cr
Net loss · FY 2026
₹59.76 Lakh margin -19.5%
EBITDA · FY 2026
₹52.54 Lakh margin 17.1%
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.06 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹52.54 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹59.76 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
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.1% | |
| Net Profit Margin | -19.5% | |
| 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 Sudeep Advanced Materials Private Limited, buy the company report.
Board of directors of Sudeep Advanced Materials Private Limited
Sudeep Advanced Materials has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Shrirang Kandelkar Also directs: Sudeep Pharma Limited, Sudeep Nutrition Private Limited | Director | 03 Mar 2026 | 0 Years 8 Months | Current |
| Shanil Sujit Bhayani Also directs: Star Pharmchem International LLP, Sudeep Pharma Limited, Sudeep Nutrition Private Limited and 3 more | Director | 24 Aug 2024 | 2 Years 2 Months | Current |
| Sujit Jaysukh Bhayani Also directs: Star Pharmchem International LLP, Alembic Pharmaceuticals Limited, Sudeep Pharma Limited and 2 more | Director | 24 Aug 2024 | 2 Years 2 Months | Current |
| Julian Roger Dunn | Director | 15 Jun 2026 | 0 Years 4 Months | Current |
Charges & borrowings
Open charges
₹270 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2026 | 101389354 | Axis Bank Limited | ₹270 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sudeep Advanced Materials Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sudeep Advanced Materials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sudeep Advanced Materials Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sudeep Advanced Materials Private Limited has 4 board changes on record since 2024: 4 appointments. The latest: Julian Roger Dunn was appointed as Director on 15 Jun 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 27,000.00 Lakh with Charge ID 101389354 was registered on 15 Sep 2026.
AGM
Sudeep Advanced Materials Private Limited last Annual general meeting of members was held on 04 Aug 2026 as per latest MCA records.
Appointed
Julian Roger Dunn was appointed as Director.
Filing
Sudeep Advanced Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Ajay Shrirang Kandelkar was appointed as Director.
Appointed
Shanil Sujit Bhayani was appointed as Director.
Appointed
Sujit Jaysukh Bhayani was appointed as Director.
Incorporation
24 Aug 2024
Sudeep Advanced Materials Private Limited was registered on 24 Aug 2024 with Roc Ahmedabad & aged 2 years 2 months as per MCA records.
Frequently asked questions
Sudeep Advanced Materials is an active private limited company based in Vadodara, Gujarat, India. The company works in manufacturing, within the metal and minerals industry. It was incorporated on 24 August 2024 (2+ years old) and is registered under CIN U27201GJ2024PTC154625.
Sudeep Advanced Materials has 4 current directors:
- Ajay Shrirang Kandelkar - Director
- Shanil Sujit Bhayani - Director
- Sujit Jaysukh Bhayani - Director
- Julian Roger Dunn - Director
The latest financial statements of Sudeep Advanced Materials on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2026. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Sudeep Advanced Materials is U27201GJ2024PTC154625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sudeep Advanced Materials was incorporated on 24 August 2024, making it 2+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Julian Roger Dunn was appointed as Director on 15 Jun 2026. Ajay Shrirang Kandelkar was appointed as Director on 03 Mar 2026. Shanil Sujit Bhayani was appointed as Director on 24 Aug 2024. Sudeep Advanced Materials has 4 board changes on record in total.
Sudeep Advanced Materials can be reached through the website sudeepadvancedmaterials.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Sudeep Advanced Materials is at 1291A GIDC Estate, Nandesari, Vadodara, Gujarat, India – 391340.
Sudeep Advanced Materials operates in the metal and minerals industry, in the manufacturing segment.
Sudeep Advanced Materials has open charges of ₹270 Cr and no satisfied charges on record as per latest MCA filings.
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