MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-14-0006390
Vega Chemicals Private Limited - chemicals and materials in Jalgaon, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.54 Cr
▼ 13% YoY
Net profit · FY 2025
₹8.53 Cr
Net margin 8.4%
EBITDA · FY 2025
₹16.81 Cr
EBITDA margin 16.6%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹34.02 Cr
Satisfied ₹38.59 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
265
Provident fund records
About Vega Chemicals Private Limited
Data last updated:
Vega Chemicals Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 22 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2012PTC232530. Its GSTIN is 27AAECV1029M1Z5 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Aniket Bhalchandra Patil and Bhalchandra Prabhakar Patil.
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 F – 23 MIDC Area Jalgaon – 425003, Maharashtra, India – 425003.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.54 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹8.53 Cr (net margin 8.4%) and EBITDA of ₹16.81 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
The company has about 265 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.02 Cr and satisfied charges of ₹38.59 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2 Cr; the latest was in June 2022. Its 6 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is Yogesh Dyestuff Products Private Limited with revenue of ₹104.58 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 198 overdue payments to 44 micro and small suppliers.
Vega Chemicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-14-0006390). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vegachemicals.wixsite.com.
Company details
CIN U24233MH2012PTC232530
Registration Number 232530
Incorporation Date 22 June 2012
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
MSME Classification Medium
Udyam Registration UDYAM-MH-14-0006390
Key People
Aniket Bhalchandra Patil Director Bhalchandra Prabhakar Patil Director Kalpana Bhalchandra Patil Director Recognitions & Rankings of Vega Chemicals
Contact details
Vega Chemicals Private Limited's registered office is in Jalgaon, Maharashtra. Its website is vegachemicals.wixsite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 23 MIDC Area Jalgaon – 425003, Maharashtra, India – 425003
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Vega Chemicals Private Limited, buy the company report.
Comprehensive company report
Vega 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
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Business activity
The main business activity of Vega Chemicals 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 Vega Chemicals Private Limited, buy the company report.
Financials of Vega Chemicals Private Limited
FY 2025 filings availableVega Chemicals Private Limited reported revenue of ₹101.54 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹101.54 Cr ▼ 13%
Net profit · FY 2025
₹8.53 Cr margin 8.4%
EBITDA · FY 2025
₹16.81 Cr margin 16.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 4%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 18%
5 years · compounded
▼ 4%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 31% 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 | ₹101.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.53 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 8.4% | ||||
| 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 Vega Chemicals Private Limited, buy the company report.
Board of directors of Vega Chemicals Private Limited
Vega Chemicals 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 |
|---|---|---|---|---|
| Aniket Bhalchandra Patil Also directs: Kbcnmu Centre for Innovation, Incubation and Linkages | Director | 22 Jun 2012 | 14 Years 4 Months | Current |
| Bhalchandra Prabhakar Patil | Director | 22 Jun 2012 | 14 Years 4 Months | Current |
| Kalpana Bhalchandra Patil | Director | 22 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Vega Chemicals Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Yogesh Dyestuff Products Private Limited | ₹104.58 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Shlokka Dyes Limited | ₹103.45 Cr (FY 2025) | 68.0% | Vagra, Gujarat, India | |||
| Eskay Dyestuffs and Organic Chemicals Pvt Ltd | ₹101.87 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Vega Chemicals Private Limitedthis company | ₹101.54 Cr (FY 2025) | ₹8.53 Cr | 8.4% | -13.0% | 265 | Jalgaon, Maharashtra, India |
| Phthalo Colours and Chemicals (India) Limited | ₹101 Cr (FY 2025) | -3.0% | Vapi, Gujarat, India | |||
| Kwalichem Private Limited | ₹100.97 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Gaurav Industries Private Limited | ₹94.62 Cr (FY 2025) | 41.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Vega Chemicals Private Limited, buy the company report.
Auditor
Vega Chemicals Private Limited is audited by S.Y.PATIL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.Y.PATIL & CO. | FY 2024 | 107820W |
Shareholding
The shareholding of Vega Chemicals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vega Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.02 Cr
Satisfied charges
₹38.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2025 | 101141153 | Sidbi | ₹2.4 Cr | Open | |
| 13 Jan 2025 | 101042432 | Sidbi | ₹7.5 Cr | Open | |
| 13 Jan 2025 | 101042923 | Sidbi | ₹92 Lakh | Open | |
| 27 Feb 2024 | 100918800 | Others | ₹60 Lakh | Open | |
| 19 Aug 2022 | 100608479 | Yes Bank Limited | ₹2 Cr | Open |
To see the full charge records of Vega Chemicals Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Vega Chemicals Private Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2 Cr; the latest was in June 2022.
Total deals
12
Secondary share transfers
8
Funding rounds
4
Disclosed funding
₹2 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bhalchandra Prabhakar Patil HUF |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bhalchandra Prabhakar Patil HUF |
| Mar 2019 | Funding round | ₹70,000 | Investors: an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Subhakaran Baid HUF, 3 individuals |
To see the full deal history of Vega 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.
Legal cases
Vega Chemicals Private Limited has 7 court cases on record: 5 filed by Vega Chemicals, 2 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Snowcem Paints Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Snowcem Paints Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Snowcem Paints Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by The Maharashtra State Electricity Distribution Company Ltd Through Its Executive Engineer and Anthe | Disposed |
| District court, Jalgaon, Maharashtra | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Vega Chemicals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Vega Chemicals Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 198 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Skywin Enterprise | |||
| Finmax Coal Corporation | |||
| Premier Plaaspack LLP | |||
| an individual supplier |
To see the full MSME payment records of Vega Chemicals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vega Chemicals Private Limited has a workforce of 265 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
265
Active EPFO establishments
1
Employee growth
8.61%
GST
Vega Chemicals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV1029M1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 27AAECV1029M1DE | Maharashtra | Active | 19 Nov 2024 |
To see the full GST registrations and return filing status of Vega Chemicals Private Limited, buy the company report.
Recent activity
Vega Chemicals Private Limited has 9 board changes on record since 2012: 6 appointments and 3 cessations. The latest: Sharayu Prabhakar Patil ceased to be Director on 20 Jun 2022.
Charges
A charge with Yes Bank Limited of Rs. 2.00 Cr registered on 19 Aug 2022 with Charge ID 100608479 was modified on 28 Oct 2025.
AGM
Vega Chemicals 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. 7.50 Cr registered on 13 Jan 2025 with Charge ID 101042432 was modified on 08 Sep 2025.
Charges
A charge with Sidbi of Rs. 0.92 Cr registered on 13 Jan 2025 with Charge ID 101042923 was modified on 08 Sep 2025.
Charges
A charge with Sidbi amounted to Rs. 2.40 Cr with Charge ID 101141153 was registered on 19 Aug 2025.
Filing
Vega Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101042432 was registered on 13 Jan 2025.
Charges
A charge with Sidbi amounted to Rs. 0.92 Cr with Charge ID 101042923 was registered on 13 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 20.60 Cr registered on 24 Jan 2022 with Charge ID 100536544 was modified on 28 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100918800 was registered on 27 Feb 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100608479 was registered on 19 Aug 2022.
Ceased
Sharayu Prabhakar Patil ceased to be Director.
17 earlier events are in the company report.
Frequently asked questions
Vega Chemicals is an active private limited company based in Jalgaon, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 22 June 2012 (14+ years old) and is registered under CIN U24233MH2012PTC232530.
Vega Chemicals has 3 current directors:
- Aniket Bhalchandra Patil - Director
- Bhalchandra Prabhakar Patil - Director
- Kalpana Bhalchandra Patil - Director
The latest financial statements of Vega Chemicals 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 2015 are in the company report.
The GSTIN of Vega Chemicals is 27AAECV1029M1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECV1029M1DE (Maharashtra).
The CIN (Corporate Identification Number) of Vega Chemicals is U24233MH2012PTC232530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vega Chemicals has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Vega Chemicals was incorporated on 22 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Vega Chemicals has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2 Cr; the latest was in June 2022.
The peers of Vega Chemicals by revenue are Yogesh Dyestuff Products Private Limited, Shlokka Dyes Limited, Eskay Dyestuffs and Organic Chemicals Pvt Ltd, Phthalo Colours and Chemicals (India) Limited, Kwalichem Private Limited and 1 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).
Sharayu Prabhakar Patil ceased to be Director on 20 Jun 2022. Janhavi Aniket Patil ceased to be Director on 01 Jun 2020. Nimish Bhalchandra Patil ceased to be Director on 01 Jun 2020. Vega Chemicals has 9 board changes on record in total.
Yes, Vega Chemicals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-14-0006390).
Vega Chemicals has 14 MSME Form 1 returns on record between 2019 and 2024, listing 198 overdue payments to 44 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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