About Sunitee Chemicals Limited
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Sunitee Chemicals Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24110GJ1992PLC017164. It is recorded as listed by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.19 Cr. It is led by directors Sagar Harshadkumar Soni (Managing Director) and Desai Chhaganbhai Rajeshbhai.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 24 Laxmi Chambers Navjeevan Press Road Opp. Old Gujarat High Court, Ahmedabad, Gujarat, India – 380014.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.24 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹27,170 (net margin 5.2%) and EBITDA of -₹4.9 Lakh (EBITDA margin -93.6%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 32% over five years.
The company has 31 deals on record (31 market trades); the latest was in August 2007.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sunitteechemicalsltd.com.
Company details
CIN history
Sunitee Chemicals has one previous CIN (Corporate Identification Number): U24110GJ1992PTC017164. The current CIN is L24110GJ1992PLC017164, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24110GJ1992PLC017164 | Current |
| U24110GJ1992PTC017164 | Previous |
Contact details
Sunitee Chemicals Limited's registered office is in Ahmedabad, Gujarat. Its website is sunitteechemicalsltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address24 Laxmi Chambers Navjeevan Press Road Opp. Old Gujarat High Court, Ahmedabad, Gujarat, India – 380014
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sunitee Chemicals Limited, buy the company report.
- 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
Financials of Sunitee Chemicals Limited
FY 2019 filings availableSunitee Chemicals Limited reported revenue of ₹5.24 Lakh (down 91% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 91% fall 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹5.24 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.9 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹27,170 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -93.6% | |
| Net Profit Margin | 5.2% | |
| 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 Sunitee Chemicals Limited, buy the company report.
Board of directors of Sunitee Chemicals Limited
Sunitee Chemicals has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Desai Chhaganbhai Rajeshbhai | Director | 18 Dec 2014 | 11 Years 10 Months | Current |
| Sagar Harshadkumar Soni | Managing Director | 30 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Sunitee Chemicals Limited is audited by A N A M & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N A M & ASSOCIATES | FY 2016 | 005496S |
Shareholding
The shareholding of Sunitee Chemicals Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sunitee Chemicals Limited, buy the company report.
Deals & funding
Sunitee Chemicals Limited has 31 deals on record (31 market trades); the latest was in August 2007.
Deals on record (5 of 31)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2007 | Market trade | ₹4.4 Lakh | Seller: Hi Vision Securities And Investment Pvt Ltd |
| Jan 2007 | Market trade | ₹2.8 Lakh | Seller: an individual |
| Jan 2007 | Market trade | ₹3.3 Lakh | Seller: an individual |
| Sep 2004 | Market trade | ₹3.4 Lakh | Seller: Nirma Chemical Works Private Limited |
| Sep 2004 | Market trade | ₹4.9 Lakh | Seller: Nirma Chemical Works Private Limited |
To see the full deal history of Sunitee Chemicals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sunitee Chemicals 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 Sunitee Chemicals 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 Sunitee Chemicals Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sunitee Chemicals Limited has 22 board changes on record since 2004: 12 appointments and 10 cessations. The latest: Dhaval Solanki ceased to be Director on 16 Aug 2019.
13 earlier events are in the company report.
Frequently asked questions
Sunitee Chemicals is an active public limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 25 February 1992 (34+ years old) and is registered under CIN L24110GJ1992PLC017164.
Sunitee Chemicals has 2 current directors:
- Sagar Harshadkumar Soni - Managing Director
- Desai Chhaganbhai Rajeshbhai - Director
The latest financial statements of Sunitee Chemicals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sunitee Chemicals is L24110GJ1992PLC017164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunitee Chemicals is recorded as a listed company by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
Sunitee Chemicals was incorporated on 25 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sunitee Chemicals has 31 deals on record (31 market trades); the latest was in August 2007.
Dhaval Solanki ceased to be Director on 16 Aug 2019. Preeti Khimjibhai Patadia ceased to be Director on 16 Aug 2019. Rohan Jain ceased to be Director on 14 Jun 2018. Sunitee Chemicals has 22 board changes on record in total.
Sunitee Chemicals can be reached through the website sunitteechemicalsltd.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sunitee Chemicals is at 24 Laxmi Chambers Navjeevan Press Road Opp. Old Gujarat High Court, Ahmedabad, Gujarat, India – 380014.
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