- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0006644

Sunil Nitrate Private Limited
About Sunil Nitrate Private Limited
Data last updated:
Sunil Nitrate Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 13 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24121GJ2003PTC042131. Its GSTIN is 24AAICS4301B1Z0 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Akash Nareshbhai Patel and Devendra Kubersingh Bhadauria.
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 Plot No A1 – 1820 GIDC Industrial Estate Tal: Ankleshwar, Bharuch, Gujarat, India – 394116.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.72 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹41 Lakh (net margin 3.5%) and EBITDA of ₹87.23 Lakh (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.82 Cr on record. Court records list 6 cases involving the company, including 4 filed against it; 1 case is pending.
Sunil Nitrate Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0006644). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Sunil Nitrate
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No A1 – 1820 GIDC Industrial Estate Tal: Ankleshwar, Bharuch, Gujarat, India – 394116
- IndustryChemicals and Materials, Specialty Chemicals
- 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 Sunil Nitrate Private Limited
The main business activities of Sunil Nitrate are transport and storage and professional, scientific and technical. In detail, this covers land transport via road and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Sunil Nitrate Private Limited FY 2025 filings available
Sunil Nitrate Private Limited reported revenue of ₹11.72 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sunil Nitrate Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 17% fall in the latest year. EBITDA rose 17% 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 Sunil Nitrate 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 | ₹87.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41 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 of Sunil Nitrate Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Sunil Nitrate 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.
Board of Directors of Sunil Nitrate Private Limited
Sunil Nitrate has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Nareshbhai Patel Also directs: Shivchem Roadlines LLP | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
| Devendra Kubersingh Bhadauria | Director | 25 Oct 2013 | 12 Years 11 Months | Current |
Peer Comparison of Sunil Nitrate Private Limited
Sunil Nitrate Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking, Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Singa Adhesives and Sealants Private Limited | ₹11.8 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Coimbatore, Tamil Nadu, India |
| Jainico Coatings Private Limited | ₹11.78 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Deepak Novochem Specialities Limited | ₹11.76 Cr (FY 2025) | •••• | •••• | 731.0% | •••• | Vadodara, Gujarat, India |
| On Road Logisol Private Limited | ₹11.76 Cr (FY 2024) | •••• | •••• | 2499.0% | •••• | Mumbai, Maharashtra, India |
| Omkar Body Fabrication and Auto Care Private Limited | ₹11.73 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Telangana, India |
| Sunil Nitrate Private Limited this company | ₹11.72 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bharuch, Gujarat, India |
| Teamplay Management Solutions Private Limited | ₹11.71 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
| Venus Ethoxyethers Pvt Ltd | ₹11.67 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Goa, India |
| Movers On Time Private Limited | ₹11.65 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Adipur, Gujarat, India |
| Metawares (India) Private Limited | ₹11.63 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Sandeep Carriers Private Limited | ₹11.61 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Manesar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Sunil Nitrate by revenue in the Transport and Logistics industry (Road Carriers and Trucking, Specialty Chemicals), 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 Sunil Nitrate Private Limited
Sunil Nitrate Private Limited is audited by MANOJ C SHAH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOJ C SHAH & ASSOCIATES | 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.
Ownership and Shareholding of Sunil Nitrate 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 Sunil Nitrate Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2024 | Hdfc Bank Limited | ₹18.5 Lakh | Open |
| 26 Mar 2014 | State Bank of India | ₹1.4 Cr | Open |
| 26 Mar 2014 | State Bank of India | ₹2.23 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Sunil Nitrate Private Limited
Sunil Nitrate Private Limited has 6 court cases on record: 4 filed against it, 2 where it is another party. 1 case is pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (WPPIL) | Company is another party | Pending |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Motor accident claim | Company is another party | Disposed |
Full case history
All 6 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.
Employees and EPFO Compliance at Sunil Nitrate Private Limited
Sunil Nitrate Private Limited has a workforce of 16 employees as of Mar 29, 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.
Recent Activity on Sunil Nitrate Private Limited
Sunil Nitrate Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Dipakbhai Chandubhai Patel ceased to be Director on 18 Jan 2015.
Credit Ratings, Litigation & Regulatory Alerts for Sunil Nitrate 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.
MSME Payment Delays by Sunil Nitrate Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sunil Nitrate 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 Sunil Nitrate Private Limited
Sunil Nitrate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS4301B1Z0 | Gujarat | Active | 01 Jul 2017 |
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 Sunil Nitrate 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 Sunil Nitrate Private Limited
Sunil Nitrate is an active private limited company based in Bharuch, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 13 March 2003 (23+ years old) and is registered under CIN U24121GJ2003PTC042131.
Sunil Nitrate reported revenue of ₹11.72 Cr for FY 2025 (down 17% YoY).
Sunil Nitrate has 2 current directors:
- Akash Nareshbhai Patel - Director
- Devendra Kubersingh Bhadauria - Director
Sunil Nitrate reported a net profit of ₹41 Lakh (net margin 3.5%) and EBITDA of ₹87.23 Lakh (EBITDA margin 7.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunil Nitrate is -10% over three years and -7% over five years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunil Nitrate is 24AAICS4301B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Sunil Nitrate is U24121GJ2003PTC042131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunil Nitrate has 6 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Sunil Nitrate was incorporated on 13 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunil Nitrate by revenue are Singa Adhesives and Sealants Private Limited, Jainico Coatings Private Limited, Deepak Novochem Specialities Limited, On Road Logisol Private Limited, Omkar Body Fabrication and Auto Care Private Limited and 5 more, all in the Transport and Logistics industry (Road Carriers and Trucking, Specialty Chemicals).
Dipakbhai Chandubhai Patel ceased to be Director on 18 Jan 2015. Kaushikaben Nareshkumar Patel ceased to be Director on 29 Oct 2013. Mayaben Jagdishbhai Patel ceased to be Director on 29 Oct 2013. Sunil Nitrate has 5 board changes on record in total.