MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-13-0016644
Tuz Chem Private Limited - chemicals and materials in Gandhidham, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.81 Cr
▼ 28% YoY
Net profit · FY 2025
₹51.05 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1.93 Cr
EBITDA margin 8.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹10.71 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
5
Provident fund records
About Tuz Chem Private Limited
Data last updated:
Tuz Chem Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 14 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2017PTC096262. Its GSTIN is 24AAGCT1596B1ZI (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Mihir Tejabhai Kangad and Rakeshkumar Mohanlal Jain.
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 B.B.Z. S – 60 Zanda Chowk, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.81 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹51.05 Lakh (net margin 2.2%) and EBITDA of ₹1.93 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 122% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.71 Cr on record. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in August 2022. Its 4 peer companies in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 1 larger and 3 smaller; the largest is Raj Flavours (India) Private Limited with revenue of ₹23.45 Cr.
Tuz Chem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0016644). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neelkanth.co.in.
Company details
CIN U24304GJ2017PTC096262
Registration Number 096262
Incorporation Date 14 March 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-13-0016644
Key People
Mihir Tejabhai Kangad Director Rakeshkumar Mohanlal Jain Director Hetab Shamjibhai Kangad Director Recognitions & Rankings of Tuz Chem
Contact details
Tuz Chem Private Limited's registered office is in Gandhidham, Gujarat. Its website is neelkanth.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB.B.Z. S – 60 Zanda Chowk, Gandhidham, Gujarat, India – 370201
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Tuz Chem Private Limited, buy the company report.
Comprehensive company report
Tuz Chem 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 Tuz Chem is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Tuz Chem Private Limited, buy the company report.
Financials of Tuz Chem Private Limited
FY 2025 filings availableTuz Chem Private Limited reported revenue of ₹22.81 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹22.81 Cr ▼ 28%
Net profit · FY 2025
₹51.05 Lakh margin 2.2%
EBITDA · FY 2025
₹1.93 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
5 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 12%
5 years · compounded
▲ 100%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 122%. EBITDA fell 16% 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 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 | ₹1.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.05 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Tuz Chem Private Limited, buy the company report.
Board of directors of Tuz Chem Private Limited
Tuz Chem has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Tejabhai Kangad Also directs: Neelsamuh Farmers Producer Company Limited, Aashwat Salt and Chemicals Private Limited, TRK Salt Private Limited and 5 more | Director | 14 Mar 2017 | 9 Years 8 Months | Current |
| Rakeshkumar Mohanlal Jain Also directs: Everyday Salt Private Limited, Western India Sea Brines Pvt Ltd | Director | 18 Oct 2019 | 7 Years 0 Months | Current |
| Hetab Shamjibhai Kangad | Director | 14 Mar 2017 | 9 Years 8 Months | Current |
Peer comparison
Tuz Chem Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raj Flavours (India) Private Limited | ₹23.45 Cr (FY 2025) | 41.0% | Sri Ganganagar, Rajasthan, India | |||
| Tuz Chem Private Limitedthis company | ₹22.81 Cr (FY 2025) | ₹51.05 Lakh | 2.2% | -28.0% | 5 | Gandhidham, Gujarat, India |
| Spectrum Foods Limited | ₹22.56 Cr (FY 2025) | 2.0% | Jaipur, Rajasthan, India | |||
| Prova Flavours (India) Private Limited | ₹22.39 Cr (FY 2024) | -2.0% | Bangalore, Karnataka, India | |||
| Blue Bird Food Products Private Limited | ₹22.19 Cr (FY 2024) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tuz Chem Private Limited, buy the company report.
Auditor
Tuz Chem Private Limited is audited by G V A & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V A & CO LLP | FY 2023 | W100183 |
Shareholding
The shareholding of Tuz Chem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tuz Chem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.71 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2025 | 101069795 | Sidbi | ₹1.43 Cr | Open | |
| 06 Jan 2022 | 100527275 | Others | ₹41.3 Lakh | Open | |
| 08 Nov 2021 | 100503256 | Others | ₹43.5 Lakh | Open | |
| 18 Oct 2021 | 100498675 | Others | ₹43.5 Lakh | Open | |
| 13 Oct 2020 | 100378389 | Others | ₹4 Cr | Open |
To see the full charge records of Tuz Chem Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Tuz Chem Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in August 2022.
Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹2.49 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2020 | Funding round | ₹2.49 Cr | Investors: 4 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Tuz Chem Private 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 Tuz Chem 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 Tuz Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tuz Chem Private Limited has a workforce of 5 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 5 |
| FY 2025-26 | |
| FY 2024-25 |
To see the full employee and EPFO history of Tuz Chem Private Limited, buy the company report.
GST
Tuz Chem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCT1596B1ZI | Gujarat | Active | 04 Mar 2018 |
To see the full GST registrations and return filing status of Tuz Chem Private Limited, buy the company report.
Recent activity
Tuz Chem Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Ravi Chand Nune ceased to be Director on 01 Dec 2021.
AGM
Tuz Chem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi of Rs. 1.43 Cr registered on 03 Mar 2025 with Charge ID 101069795 was modified on 02 Apr 2025.
Filing
Tuz Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 1.43 Cr with Charge ID 101069795 was registered on 03 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100527275 was registered on 06 Jan 2022.
Ceased
Ravi Chand Nune ceased to be Director.
Ceased
Rekha Parekh ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100503256 was registered on 08 Nov 2021.
Charges
A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100498675 was registered on 18 Oct 2021.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100378389 was registered on 13 Oct 2020.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100378387 was registered on 29 Sep 2020.
Ceased
Abhishek Kushalraj Parekh ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Tuz Chem is an active private limited company based in Gandhidham, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 14 March 2017 (9+ years old) and is registered under CIN U24304GJ2017PTC096262.
Tuz Chem has 3 current directors:
- Mihir Tejabhai Kangad - Director
- Rakeshkumar Mohanlal Jain - Director
- Hetab Shamjibhai Kangad - Director
The latest financial statements of Tuz Chem 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 FY 2017 are in the company report.
The GSTIN of Tuz Chem is 24AAGCT1596B1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Tuz Chem is U24304GJ2017PTC096262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tuz Chem was incorporated on 14 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tuz Chem has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in August 2022.
The peers of Tuz Chem by revenue are Raj Flavours (India) Private Limited, Spectrum Foods Limited, Prova Flavours (India) Private Limited, Blue Bird Food Products Private Limited, all in the Food and Beverages industry (Flavouring and Seasoning Additives), with the same principal business activity (food, beverages and tobacco products).
Ravi Chand Nune ceased to be Director on 01 Dec 2021. Rekha Parekh ceased to be Director on 01 Dec 2021. Abhishek Kushalraj Parekh ceased to be Director on 17 Mar 2020. Tuz Chem has 6 board changes on record in total.
Yes, Tuz Chem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-13-0016644).
Tuz Chem can be reached through the website neelkanth.co.in. Its registered office is in Gandhidham, Gujarat, India.
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