Universal Starch Chem Allied Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24110MH1973PLC016247 Incorporated 17 January 1973 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 524408 Public Limited Company food and beverages
Data last updated
Market Cap
₹84.42 Cr
UNIVSTAR · BSE
Share Price
₹199.00
-1.00% today
Revenue
₹489 Cr
FY 2025-26 · -0.5% YoY
EBITDA
₹32.24 Cr
Margin 6.6%
Net Profit
₹13.17 Cr
FY 2025-26 · +309.0% YoY
P/E (TTM)
4.4x
P/B 1.0x
ROE
17.2%
ROCE 17.6%
Debt / Equity
0.96
Interest cover 32.8x

About Universal Starch Chem Allied Limited

Data last updated:

Universal Starch Chem Allied Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the organic and health foods segment of the food and beverages sector. It was incorporated on 17 January 1973 and has been in existence for over 53 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24110MH1973PLC016247. Its GSTIN is 27AAACU0639C1ZP (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 524408.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.2 Cr. It was formerly known as Universal Starch Chem Allied Private Limited. It is led by directors including Jitendrasinh Jaysinh Rawal (Managing Director) and Hansarani Ripudaman Singh Vaghela (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mhatre Pen Bldgs S Marg 2nd Floor Dadar (West), Mumbai, Maharashtra, India – 400028.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹488.6 Cr, a decline of 0.5% compared to the previous year. For the same year it recorded a net profit of ₹13.17 Cr (net margin 2.7%) and EBITDA of ₹32.24 Cr (EBITDA margin 6.6%). The net worth stands at ₹82.64 Cr (up 18.4% YoY). Total assets are valued at ₹149.34 Cr (up 0% YoY).

The company has about 309 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Universalstarch and Universal Starch-Chem Allied. As per MCA filings, the company has open charges of ₹277.12 Cr and satisfied charges of ₹51.22 Cr on record. Court records list 61 cases involving the company, including 27 filed by the company and 34 filed against it; 12 cases are pending. The company has 1 deal on record (1 market trade); the latest was in September 2018. Its 3 peer companies in the Chemicals industry (Health and Organic Foods, Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger; the largest is Salicylates & Chemicals Private Limited with revenue of ₹511.8 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 113 overdue payments to 44 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 universalstarch.com.

Company details

CIN L24110MH1973PLC016247
Registration Number 016247
Incorporation Date 17 January 1973
ROC Mumbai
Listing Status Listed - Listed on BSE (524408)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Universal Starch Chem Allied has one previous CIN (Corporate Identification Number): U24110MH1973PLC016247. The current CIN is L24110MH1973PLC016247, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24110MH1973PLC016247Current
U24110MH1973PLC016247Previous

Contact details

Universal Starch Chem Allied Limited's registered office is in Mumbai, Maharashtra. Its website is universalstarch.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Mhatre Pen Bldgs S Marg 2nd Floor Dadar (West), Mumbai, Maharashtra, India – 400028
  • Industry
    Food and Beverages, Organic & Health Foods

To see the full contact details of Universal Starch Chem Allied Limited, buy the company report.

Comprehensive company report
Universal Starch Chem Allied 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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Brands

Universal Starch Chem Allied operates two associated brands: Universalstarch and Universal Starch-Chem Allied. Each brand links to its own profile.

BrandDescriptionWebsite
Agrochemical products are manufactured and distributed from Mumbai, India.universalstarch.com
Manufactures and exports starch products for textile, paper, adhesives, food, and pharmaceutical sectors.universalstarch.in

Business activity

The main business activity of Universal Starch Chem Allied is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Universal Starch Chem Allied Limited, buy the company report.

Financials of Universal Starch Chem Allied Limited

FY 2025-26 filings available

Universal Starch Chem Allied Limited reported revenue of ₹488.6 Cr (down 0.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹489 Cr
-0.5% YoY
EBITDA
₹32.24 Cr
+75.6% YoY
Profit After Tax
₹13.17 Cr
+309.0% YoY
Net Worth
₹82.64 Cr
+18.4% YoY
Total Assets
₹149 Cr
+0.0% YoY
Total Debt
₹66.70 Cr
-16.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue489491527516456296264
Revenue growth-0.5%-6.9%+2.2%+13.0%+54.0%+12.4%-
EBITDA32.2418.3620.1117.3325.5717.519.94
EBITDA margin+6.6%+3.7%+3.8%+3.4%+5.6%+5.9%+3.8%
Profit before tax18.204.289.228.1015.817.240.40
Net profit13.173.226.985.9011.516.370.65
Net profit margin+2.7%+0.7%+1.3%+1.1%+2.5%+2.2%+0.3%
EPS (₹)31.257.6516.6314.0527.2315.141.57
Balance sheet
Total assets14914913913110210585.17
Net worth82.6469.8066.5758.2552.2940.9438.00
Total debt66.7079.4972.2772.5650.0363.6547.17
Cash & bank4.786.617.067.563.595.883.33
Net working capital40.1734.4636.2031.556.8822.778.94
Cash flow
Cash from operations16.5822.5819.01(0.87)34.4210.7010.58
Cash from investing(1.69)(18.48)(9.11)(8.95)(18.29)(9.01)(0.85)
Cash from financing(16.71)(4.55)(10.40)13.79(18.42)0.86(11.12)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue14715211897.1412113812990.93
Revenue growth (YoY)+21.4%+10.3%-8.5%+6.8%-8.9%---
Other income0.350.510.280.510.180.560.200.39
Total expenses14013610892.6012013011896.14
EBITDA7.3116.379.784.541.577.7010.49(5.21)
EBITDA margin+5.0%+10.7%+8.3%+4.7%+1.3%+5.6%+8.2%-5.7%
Depreciation1.861.811.861.861.851.701.571.53
Interest1.181.641.752.382.382.652.052.36
Profit before tax4.6213.436.450.81(2.48)3.917.07(8.71)
Tax1.373.801.210.050.030.970.05(0.49)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue14715211897.1412113812990.93
Revenue growth (YoY)+21.4%+10.3%-8.5%+6.8%-8.9%---
Other income0.350.510.280.510.180.560.200.39
Total expenses14013610892.6012013011896.14
EBITDA7.3116.379.784.541.577.7010.49(5.21)
EBITDA margin+5.0%+10.7%+8.3%+4.7%+1.3%+5.6%+8.2%-5.7%
Depreciation1.861.811.861.861.851.701.571.53
Interest1.181.641.752.382.382.652.052.36
Profit before tax4.6213.436.450.81(2.48)3.917.07(8.71)
Tax1.373.801.210.050.030.970.05(0.49)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue489491527516456296264
Revenue growth-0.5%-6.9%+2.2%+13.0%+54.0%+12.4%-
Other income1.491.503.102.962.321.032.21
Total expenses456473507498431279254
Employee cost20.5319.3719.0916.1615.0313.3010.54
EBITDA32.2418.3620.1117.3325.5717.519.94
EBITDA margin+6.6%+3.7%+3.8%+3.4%+5.6%+5.9%+3.8%
Depreciation7.396.285.795.094.324.004.93
Interest8.149.308.207.107.767.306.82
Profit before tax18.204.289.228.1015.817.240.40
Tax5.091.062.242.204.350.87(0.25)
Net profit13.173.226.985.9011.516.370.65
Net profit margin+2.7%+0.7%+1.3%+1.1%+2.5%+2.2%+0.3%
EPS (₹)31.257.6516.6314.0527.2315.141.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.204.204.204.204.204.204.20
Reserves & surplus78.4465.6062.3754.0548.0936.7433.80
Shareholders' funds (net worth)82.6469.8066.5758.2552.2940.9438.00
Secured loans60.2076.0672.2765.1942.7354.2742.78
Unsecured loans6.503.430.007.377.309.384.39
Total debt66.7079.4972.2772.5650.0363.6547.17
Total liabilities14914913913110210585.17
Assets
Gross block216214189182173157152
Net block11612110310297.2185.8584.43
Capital work in progress0.631.156.905.416.283.390.54
Investments0.370.380.360.340.330.400.15
Inventories26.2734.6337.7131.9921.8632.1628.69
Sundry debtors57.1846.4253.1745.8445.7135.0730.47
Cash & bank balances4.786.617.067.563.595.883.33
Loans & advances4.8911.5412.238.739.6610.057.54
Total current assets93.1299.2011094.1280.8283.1670.03
Total current liabilities52.9564.7473.9762.5773.9460.3961.09
Net working capital40.1734.4636.2031.556.8822.778.94
Total assets14914913913110210585.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.617.067.563.595.883.334.72
Net cash from operating activities16.5822.5819.01(0.87)34.4210.7010.58
Net cash from investing activities(1.69)(18.48)(9.11)(8.95)(18.29)(9.01)(0.85)
Net cash from financing activities(16.71)(4.55)(10.40)13.79(18.42)0.86(11.12)
Net change in cash(1.83)(0.45)(0.50)3.97(2.29)2.55(1.38)
Closing cash4.786.617.067.563.595.883.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-0.5%-6.9%+2.2%+13.0%+54.0%+12.4%-
EBITDA growth+75.6%-8.7%+16.0%-32.2%+46.0%+76.2%-
PBT growth+325.2%-53.6%+13.8%-48.8%+118.4%+1710.0%-87.0%
Net income growth+309.0%-53.9%+18.3%-48.7%+80.7%+880.0%-
Revenue CAGR (3Y)-1.8%+2.5%+21.2%+25.0%+17.8%+14.4%+7.2%
EBITDA CAGR (3Y)+23.0%-10.5%+4.7%+20.4%+30.8%+32.7%-
Profitability & leverage
Net income margin+2.7%+0.7%+1.3%+1.1%+2.5%+2.2%+0.3%
Return on capital employed+17.7%+9.4%+12.9%+13.0%+22.8%+15.3%+8.0%
Return on net worth+17.2%+4.7%+11.2%+10.7%+24.5%+16.0%+1.7%
Debt / equity0.961.111.161.111.221.401.39
Long-term debt / equity0.320.300.300.370.520.510.38
Interest cover32.7676.9957.2658.0136.5254.03136.13
Efficiency & per share
Fixed asset turnover2.272.432.842.902.761.911.74
Inventory turnover16.0513.5715.1319.1616.909.7410.76
Debtors turnover9.439.8610.6511.2711.309.049.34
EPS (₹)31.257.6516.6314.0527.2315.141.57
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)196.76166.19158.50138.68124.4997.4690.47

To see the full year-wise statements and ratios of Universal Starch Chem Allied Limited, buy the company report.

Board of directors of Universal Starch Chem Allied Limited

Universal Starch Chem Allied has 9 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jaysingh Chandrasingh RajputDirector15 Jul 20242 Years 3 MonthsCurrent
Jitendrasinh Jaysinh RawalManaging Director30 Sep 199927 Years 0 MonthsCurrent
Hansarani Ripudaman Singh VaghelaWhole-Time Director13 Aug 201610 Years 2 MonthsCurrent
Nayankunwar Jitendrasinh RawalWhole-Time Director20 Nov 20178 Years 11 MonthsCurrent
Vishal Laxmikant ThakkarDirector11 Feb 20215 Years 8 MonthsCurrent
Gopalsingh RajputDirector30 Sep 20251 Years 0 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Peer comparison

Universal Starch Chem Allied Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Health and Organic Foods, Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Salicylates & Chemicals Private Limited₹511.8 Cr (FY 2025)13.0%Secunderabad, Telangana, India
Avj Agrico Private Limited₹511.34 Cr (FY 2025)1689.0%Delhi, India
Lalitha Chem Industries Private Limited₹507.64 Cr (FY 2024)20.0%Vasai, Maharashtra, India
Universal Starch Chem Allied Limitedthis company₹488.6 Cr (FY 2026)₹13.17 Cr2.7%-0.5%309Mumbai, Maharashtra, India

To see the full peer comparison of Universal Starch Chem Allied Limited, buy the company report.

Auditor

Universal Starch Chem Allied Limited is audited by M. B. Agrawal and Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M. B. Agrawal and Co.FY 20230010037W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 53.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 46.20%.

Promoters: 53.90%Retail & Others: 46.20%
Mar 2026
QUARTER
53.90% Promoters
46.20% Retail & Others
Promoter holding - history
Now 53.90% · Mar 2026High 53.90% · Jun 2025Low 53.90% · Jun 2025
52%52.8%53.5%54.3%55%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 53.90%Sep 2025: 53.90%Dec 2025: 53.90%Mar 2026: 53.90%53.90%53.90%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters53.90%53.90%53.90%53.90%
Public46.10%46.10%46.10%46.10%

Charges & borrowings

Open charges
₹277.12 Cr
Satisfied charges
₹51.22 Cr
Breakdown by lending institutions
Others₹248.12 Cr
Canara Bank₹25.00 Cr
The Shamrao Vithal Co-Operative Bank Limited₹4.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jul 2024100942599Others₹2.42 CrOpen
30 Apr 2024100911646Others₹11.6 CrOpen
26 Apr 2023100711933Others₹28.6 LakhOpen
08 Dec 2022100650771Others₹27.75 LakhOpen
29 Jun 2022100593411Canara Bank₹25 CrOpen

To see the full charge records of Universal Starch Chem Allied Limited, buy the company report.

Total charge records: 29 View all charges

Deals & funding

Universal Starch Chem Allied Limited has 1 deal on record (1 market trade); the latest was in September 2018.

Total deals
1
Market trade
1

To see the full deal history of Universal Starch Chem Allied Limited, buy the company report.

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

MSME payment delays

Universal Starch Chem Allied Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 113 overdue payments to 44 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 44)

SupplierAmount dueDue sinceReported on
Ramanand Polyfab Private Limited
an individual supplier
TPL Plastech Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Universal Starch Chem Allied Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Universal Starch Chem Allied Limited has a workforce of 309 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
309
Active EPFO establishments
1
Employee growth
-9.12%

GST

Universal Starch Chem Allied has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACU0639C1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Universal Starch Chem Allied Limited, buy the company report.

Recent activity

Universal Starch Chem Allied Limited has 48 board changes on record since 1992: 29 appointments and 19 cessations. The latest: Subhash Haraksing Rajput ceased to be Whole-Time Director on 11 Nov 2025.

Filing
Universal Starch Chem Allied Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others of Rs. 87.77 Cr registered on 17 Jan 2002 with Charge ID 80004971 was modified on 13 Jan 2026.
Ceased
Subhash Haraksing Rajput ceased to be Whole-Time Director.
AGM
Universal Starch Chem Allied Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Gopalsingh Rajput was appointed as Director.
Charges
A charge registered on 14 Jan 2022 via Charge ID 100547782 with Others was fully satisfied on 16 Jan 2025.
Charges
A charge with Canara Bank of Rs. 25.00 Cr registered on 29 Jun 2022 with Charge ID 100593411 was modified on 20 Dec 2024.
Ceased
Jaykumar Jitendrasing Rawal ceased to be Managing Director.
Appointed
Jeevan Nimba Mali was appointed as CFO.
Appointed
Namrata Samsher Garud was appointed as Director.
Ceased
Ashok Natwarlal Kothary ceased to be Director.
Ceased
Bindumadhavan Ranga Venkatesh ceased to be Director.

87 earlier events are in the company report.

Frequently asked questions

Universal Starch Chem Allied is an active public limited company based in Mumbai, Maharashtra, India. The company works in organic and health foods, within the food and beverages industry. It was incorporated on 17 January 1973 (53+ years old) and is registered under CIN L24110MH1973PLC016247. Listed on BSE: 524408.

Universal Starch Chem Allied reported revenue of ₹488.6 Cr for FY 2025-26 (down 0.5% YoY) based on standalone financials.

Universal Starch Chem Allied has 9 current directors:

The latest financial statements of Universal Starch Chem Allied on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Universal Starch Chem Allied is 27AAACU0639C1ZP, registered in Maharashtra.

The CIN (Corporate Identification Number) of Universal Starch Chem Allied is L24110MH1973PLC016247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Universal Starch Chem Allied is a listed company as per MCA records. Its shares are listed on BSE (code: 524408).

Universal Starch Chem Allied has 61 court cases on record: 27 filed by the company and 34 filed against it. 12 are pending. Most are in the district courts.

Universal Starch Chem Allied was incorporated on 17 January 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.

Universal Starch Chem Allied has 1 deal on record (1 market trade); the latest was in September 2018.

The peers of Universal Starch Chem Allied by revenue are Salicylates & Chemicals Private Limited, Avj Agrico Private Limited, Lalitha Chem Industries Private Limited, all in the Chemicals industry (Health and Organic Foods, Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Subhash Haraksing Rajput ceased to be Whole-Time Director on 11 Nov 2025. Gopalsingh Rajput was appointed as Director on 30 Sep 2025. Jaykumar Jitendrasing Rawal ceased to be Managing Director on 14 Dec 2024. Universal Starch Chem Allied has 48 board changes on record in total.