Unitop Chemicals Private Limited

Unitop Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24110MH1980PTC022967 Incorporated 11 August 1980 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2025
₹774.29 Cr
▲ 18% YoY
Net profit · FY 2025
₹36.99 Cr
Net margin 4.8%
EBITDA · FY 2025
₹60.57 Cr
EBITDA margin 7.8%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹42.94 Lakh
Issued & subscribed
Open charges
₹201.6 Cr
Satisfied ₹2.32 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
267
Provident fund records

About Unitop Chemicals Private Limited

Data last updated:

Unitop Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rossari Biotech Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 11 August 1980 and has been in existence for over 46 years.

Its director Edward Menezes and family are #1,482 among India's richest people (2026). Its director Sunil Chari and family are #1,482 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1980PTC022967. Its GSTIN is 27AAACU1406F2ZR (Maharashtra). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹42.94 Lakh. It was formerly known as Unitop Chemicals Limited. It is led by directors including Mikhail Menezes and Yash Sunil Chari.

Its last annual general meeting (AGM) was held on 11 June 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 2025, the company reported a revenue of ₹774.29 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹36.99 Cr (net margin 4.8%) and EBITDA of ₹60.57 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 22% over five years.

The company has about 267 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Unitop Chemicals. As per MCA filings, the company has open charges of ₹201.6 Cr and satisfied charges of ₹2.32 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 4 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹68.94 Cr; the latest was in March 2023. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,084 overdue payments to 61 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unitopchemicals.com.

Company details

CIN U24110MH1980PTC022967
Registration Number 022967
Incorporation Date 11 August 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Rossari Biotech Limited
Compliance Status Active Compliant
Key People
Mikhail Menezes Director Yash Sunil Chari Director Prasad Prabhakar Gadkari Director

Recognitions & Rankings of Unitop Chemicals

Contact details

Unitop Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is unitopchemicals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    unitopchemicals.com
  • Social Media
  • Registered Address
    Rossari House Golden Oak Lbs Marg Surya Nagar, Opp. Mahindra Showroom Vikhroli (West), Mumbai, Maharashtra, India – 400079
  • Industry
    Chemicals and Materials, Specialty Chemicals, Surfactants & Detergents

To see the full contact details of Unitop Chemicals Private Limited, buy the company report.

Comprehensive company report
Unitop Chemicals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Unitop Chemicals operates one associated brand: Unitop Chemicals. Each brand links to its own profile.

BrandDescriptionWebsite
Unitop Chemicals
Surfactants and emulsifiers are manufactured for industrial applications.unitopchemicals.com

Business activity

The main business activity of Unitop Chemicals is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Unitop Chemicals Private Limited, buy the company report.

Financials of Unitop Chemicals Private Limited

FY 2025 filings available

Unitop Chemicals Private Limited reported revenue of ₹774.29 Cr (up 18% YoY) for FY 2025.

Revenue · FY 2025
₹774.29 Cr ▲ 18%
Net profit · FY 2025
₹36.99 Cr margin 4.8%
EBITDA · FY 2025
₹60.57 Cr margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 18%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 4%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 18% growth in the latest year. EBITDA fell 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations₹774.29 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹60.57 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36.99 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.8%
Net Profit Margin4.8%
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 Unitop Chemicals Private Limited, buy the company report.

Board of directors of Unitop Chemicals Private Limited

Unitop Chemicals has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mikhail Menezes
Also directs: Rossari Consumer Products Private Limited, Tristar Intermediates Private Limited, Buzil Rossari Private Limited and 2 more
Director26 Aug 20215 Years 2 MonthsCurrent
Yash Sunil Chari
Also directs: Sunjyot Properties LLP, Rossari Consumer Products Private Limited, Tristar Intermediates Private Limited and 2 more
Director26 Aug 20215 Years 2 MonthsCurrent
Prasad Prabhakar GadkariDirector05 Oct 20215 Years 1 MonthsCurrent
Sunil Srinivasan Chari
Also directs: Sunjyot Properties LLP, Rossari Biotech Limited, Rossari Biotech (India) Private Limited and 5 more
Director26 Aug 20215 Years 2 MonthsCurrent
Gurudas Vishwas Aras
Also directs: Rossari Biotech Limited, Tristar Intermediates Private Limited, Romakk Chemicals Private Limited and 2 more
Director22 Nov 20214 Years 11 MonthsCurrent
Edward Walter Menezes
Also directs: Rossari Biotech Limited, Rossari Biotech (India) Private Limited, Rossari Consumer Products Private Limited and 5 more
Director26 Aug 20215 Years 2 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Unitop Chemicals Private Limited is audited by JMT & ASSOCIATES for the financial year 2025.

Auditor firmFinancial yearFirm registration number
JMT & ASSOCIATESFY 2025104167W

Shareholding

The shareholding of Unitop Chemicals Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Unitop Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹201.6 Cr
Satisfied charges
₹2.32 Cr
Breakdown by lending institutions
Axis Bank Limited₹184.60 Cr
Citi Bank N.A.₹17.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Apr 2022100568087Axis Bank Limited₹184.6 CrOpen
07 Oct 201310461059Citi Bank N.A.₹17 CrOpen
05 Sep 200610019278Vijaya Bank₹1.2 CrSatisfied
03 Dec 200590231265Vijaya Bank₹53.3 LakhSatisfied
23 Sep 198990150148Vijaya Bank₹10 LakhSatisfied

To see the full charge records of Unitop Chemicals Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Unitop Chemicals Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹68.94 Cr; the latest was in March 2023.

Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹68.94 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: Rossari Biotech Limited , Rossari Biotech Limited & Yash Chari, Rossari Biotech Limited & Mikhail Menezes
Seller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Rossari Biotech Limited , Rossari Biotech Limited & Edward Menezes, Rossari Biotech Limited & Sunil Chari
Seller: B D Shetty HUF, 3 individuals
Jul 2021Secondary share transferUndisclosedSeller: B D Shetty HUF, 3 individuals
Aug 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2018Funding round₹68.94 CrInvestors: B D Shetty HUF, 3 individuals

To see the full deal history of Unitop Chemicals Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Unitop Chemicals Private Limited was last rated by Crisil on 29 Aug 2020.

Rating agencyRated onRating
Crisil29 Aug 2020

To see the full credit ratings and regulatory alerts of Unitop Chemicals Private Limited, buy the company report.

MSME payment delays

Unitop Chemicals Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,084 overdue payments to 61 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 61)

SupplierAmount dueDue sinceReported on
Estelle Chemicals Private Limited
Satyam Wood Industries
an individual supplier
an individual supplier
Vital Chemtech Limited

To see the full MSME payment records of Unitop Chemicals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Unitop Chemicals Private Limited has a workforce of 267 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
267
Active EPFO establishments
1
Employee growth
18.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27267
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Unitop Chemicals Private Limited, buy the company report.

GST

Unitop Chemicals has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACU1406F2ZRMaharashtraActive18 Aug 2017
24AAACU1406F1ZYGujaratActive01 Jul 2017
01AAACU1406F1Z6Jammu and KashmirActive01 Mar 2022

To see the full GST registrations and return filing status of Unitop Chemicals Private Limited, buy the company report.

Recent activity

Unitop Chemicals Private Limited has 19 board changes on record since 2021: 7 appointments and 12 cessations. The latest: Aparna Narendra Sharma ceased to be Additional Director on 20 Aug 2024.

Charges
A charge with Axis Bank Limited of Rs. 184.60 Cr registered on 28 Apr 2022 with Charge ID 100568087 was modified on 14 Aug 2025.
AGM
Unitop Chemicals Private Limited last Annual general meeting of members was held on 11 Jun 2025 as per latest MCA records.
Filing
Unitop Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Aparna Narendra Sharma ceased to be Additional Director.
Appointed
Aparna Narendra Sharma was appointed as Director.
Ceased
Gurudas Vishwas Aras ceased to be Additional Director.
Ceased
Meher Bruno Castelino ceased to be Additional Director.
Ceased
Prasad Prabhakar Gadkari ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 184.60 Cr with Charge ID 100568087 was registered on 28 Apr 2022.
Appointed
Gurudas Vishwas Aras was appointed as Director.
Appointed
Prasad Prabhakar Gadkari was appointed as Director.
Ceased
Edward Walter Menezes ceased to be Additional Director.

34 earlier events are in the company report.

News

Frequently asked questions

Unitop Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 11 August 1980 (46+ years old) and is registered under CIN U24110MH1980PTC022967.

Unitop Chemicals has 7 current directors:

The latest financial statements of Unitop Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Unitop Chemicals is 27AAACU1406F2ZR, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACU1406F1ZY (Gujarat), 01AAACU1406F1Z6 (Jammu and Kashmir).

The CIN (Corporate Identification Number) of Unitop Chemicals is U24110MH1980PTC022967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Unitop Chemicals has 15 court cases on record: 8 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.

Unitop Chemicals was incorporated on 11 August 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.

Unitop Chemicals has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹68.94 Cr; the latest was in March 2023.

Aparna Narendra Sharma ceased to be Additional Director on 20 Aug 2024. Aparna Narendra Sharma was appointed as Director on 27 Jul 2023. Gurudas Vishwas Aras ceased to be Additional Director on 08 Jul 2022. Unitop Chemicals has 19 board changes on record in total.

Unitop Chemicals has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,084 overdue payments to 61 micro and small suppliers. The latest return was filed on 22 Apr 2024.

Unitop Chemicals can be reached through the website unitopchemicals.com. Its registered office is in Mumbai, Maharashtra, India.