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Veeraco Colourants Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.43 Cr
▲ 6% YoY
Net profit · FY 2025
₹1.11 Cr
Net margin 2%
EBITDA · FY 2025
₹4.53 Cr
EBITDA margin 8.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8.93 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Veeraco Colourants Private Limited
Data last updated:
Veeraco Colourants Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 05 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2017PTC296973. Its GSTIN is 27AAFCV9994A1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nishit Vikram Goradia and Hardik Vikram Goradia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.43 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 2%) and EBITDA of ₹4.53 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
The company is associated with 1 brand: Veeraco Colourants. As per MCA filings, the company has open charges of ₹8.93 Cr on record.
Veeraco Colourants Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0052327). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeraco.com.
Company details
CIN U24304MH2017PTC296973
Registration Number 296973
Incorporation Date 05 July 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0052327
Recognitions & Rankings of Veeraco Colourants
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0052327
Contact details
Veeraco Colourants Private Limited's registered office is in Mumbai, Maharashtra. Its website is veeraco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address905 D Square Building 9th Floor Dadabhai Road, Opposite Gokalibai School Vile Parle – West, Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Veeraco Colourants Private Limited, buy the company report.
Comprehensive company report
Veeraco Colourants 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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Brands
Veeraco Colourants operates one associated brand: Veeraco Colourants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dyes and pigments manufacturing and supply for industrial applications in India. | veeraco.com |
Business activity
The main business activity of Veeraco Colourants is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Veeraco Colourants Private Limited, buy the company report.
Financials of Veeraco Colourants Private Limited
FY 2025 filings availableVeeraco Colourants Private Limited reported revenue of ₹54.43 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹54.43 Cr ▲ 6%
Net profit · FY 2025
₹1.11 Cr margin 2%
EBITDA · FY 2025
₹4.53 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 10%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 154%
3 years · compounded
▼ 11%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA rose 154% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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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 | 8.3% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Veeraco Colourants Private Limited, buy the company report.
Board of directors of Veeraco Colourants Private Limited
Veeraco Colourants has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishit Vikram Goradia | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
| Hardik Vikram Goradia | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Veeraco Colourants Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultramarine Specialty Chemicals Limited | ₹55.2 Cr (FY 2025) | 46.0% | Chennai, Tamil Nadu, India | |||
| Jemby Chem Limited | ₹54.6 Cr (FY 2024) | 33.0% | Ahmedabad, Gujarat, India | |||
| Orio Speciality Colours Private Limited | ₹54.47 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Veeraco Colourants Private Limitedthis company | ₹54.43 Cr (FY 2025) | ₹1.11 Cr | 2% | 6.0% | Mumbai, Maharashtra, India | |
| Jaysynth Impex Private Limited | ₹54.33 Cr (FY 2023) | -12.0% | Mumbai, Maharashtra, India | |||
| Orgo Chem Private Limited | ₹54.21 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Mamta Texdyes Private Limited | ₹53.19 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Parshwanath Dyechem Industries Private Limited | ₹52.87 Cr (FY 2024) | -12.0% | Ahmedabad, Gujarat, India | |||
| Hema Dyechem Private Limited | ₹51.69 Cr (FY 2024) | -33.0% | Vapi, Gujarat, India |
To see the full peer comparison of Veeraco Colourants Private Limited, buy the company report.
Auditor
Veeraco Colourants Private Limited is audited by K J Gabhawala & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K J Gabhawala & Co | FY 2024 | 123756W |
Shareholding
The shareholding of Veeraco Colourants 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 category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veeraco Colourants Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.93 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2019 | 100270992 | Others | ₹8.93 Cr | Open |
To see the full charge records of Veeraco Colourants Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Veeraco Colourants 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
Veeraco Colourants Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 331 overdue payments to 22 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 22)
To see the full MSME payment records of Veeraco Colourants Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Veeraco Colourants has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV9994A1ZV | Maharashtra | Active | 30 Mar 2018 |
To see the full GST registrations and return filing status of Veeraco Colourants Private Limited, buy the company report.
Recent activity
Veeraco Colourants Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Hardik Vikram Goradia was appointed as Director on 05 Jul 2017.
AGM
Veeraco Colourants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veeraco Colourants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 893.41 Lakh registered on 25 Jun 2019 with Charge ID 100270992 was modified on 09 Aug 2021.
Charges
A charge with Others amounted to Rs. 893.41 Lakh with Charge ID 100270992 was registered on 25 Jun 2019.
Appointed
Hardik Vikram Goradia was appointed as Director.
Appointed
Nishit Vikram Goradia was appointed as Director.
Incorporation
05 Jul 2017
Veeraco Colourants Private Limited was registered on 05 Jul 2017 with Roc Mumbai I & aged 9 years 3 months as per MCA records.
Frequently asked questions
Veeraco Colourants is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 05 July 2017 (9+ years old) and is registered under CIN U24304MH2017PTC296973.
Veeraco Colourants has 2 current directors:
- Nishit Vikram Goradia - Director
- Hardik Vikram Goradia - Director
The latest financial statements of Veeraco Colourants 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 2018 are in the company report.
The GSTIN of Veeraco Colourants is 27AAFCV9994A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veeraco Colourants is U24304MH2017PTC296973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeraco Colourants was incorporated on 05 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Veeraco Colourants by revenue are Ultramarine Specialty Chemicals Limited, Jemby Chem Limited, Orio Speciality Colours Private Limited, Jaysynth Impex Private Limited, Orgo Chem Private Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Hardik Vikram Goradia was appointed as Director on 05 Jul 2017. Nishit Vikram Goradia was appointed as Director on 05 Jul 2017.
Yes, Veeraco Colourants is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Veeraco Colourants is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0052327).
Veeraco Colourants has 9 MSME Form 1 returns on record between 2019 and 2023, listing 331 overdue payments to 22 micro and small suppliers. The latest return was filed on 22 Jun 2024.
Veeraco Colourants can be reached through the website veeraco.com. Its registered office is in Mumbai, Maharashtra, India.