MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-01-0001079
Venus Ethoxyethers Pvt Ltd - chemicals and materials in Goa, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.67 Cr
▲ 34% YoY
Net profit · FY 2025
₹3.43 Cr
Net margin 29.4%
EBITDA · FY 2025
₹4.81 Cr
EBITDA margin 41.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.48 Cr
Issued & subscribed
Satisfied charges
₹74.52 Cr
No open charges
Company age
36 yrs
Est. 1990
Employees · EPFO
152
Provident fund records
About Venus Ethoxyethers Pvt Ltd
Data last updated:
Venus Ethoxyethers Pvt Ltd is a private limited company based in Goa, India, a subsidiary of Harcros (India) Llc. It operates in the surfactants and detergents segment of the chemicals and materials sector. It was incorporated on 10 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24119GA1990PTC001099. Its GSTIN is 30AAACV9656Q1ZP (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.48 Cr. It is led by directors Zubin Keki Gandhi and Amol Ashok Walke.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 109 110 & 111 Atbicholim Industrial Estate B, Icholim, Goa, India – 403529.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.67 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Cr (net margin 29.4%) and EBITDA of ₹4.81 Cr (EBITDA margin 41.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 24% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Venus Ethoxyethers and Venus-Goa. As per MCA filings, the company has satisfied charges of ₹74.52 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in January 2016. Its 5 peer companies in the Chemicals industry (Specialty Chemicals, Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 3 smaller; the largest is Jainico Coatings Private Limited with revenue of ₹11.78 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 541 overdue payments to 20 micro and small suppliers.
Venus Ethoxyethers Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0001079). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website venus-goa.com.
Company details
CIN U24119GA1990PTC001099
Registration Number 001099
Incorporation Date 10 December 1990
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Harcros (India) Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-01-0001079
Recognitions & Rankings of Venus Ethoxyethers
Contact details
Venus Ethoxyethers Pvt Ltd's registered office is in Goa. Its website is venus-goa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 109 110 & 111 Atbicholim Industrial Estate B, Icholim, Goa, India – 403529
- IndustryChemicals and Materials, Surfactants & Detergents, Specialty Chemicals
To see the full contact details of Venus Ethoxyethers Pvt Ltd, buy the company report.
Comprehensive company report
Venus Ethoxyethers Pvt Ltd - 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
Venus Ethoxyethers operates two associated brands: Venus Ethoxyethers and Venus-Goa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures surfactants and speciality chemicals for industrial markets. | venus-goa.us | |
| Produces surfactants and speciality chemicals for agro, paper, and other sectors. | venus-goa.com |
Business activity
The main business activity of Venus Ethoxyethers 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 Venus Ethoxyethers Pvt Ltd, buy the company report.
Financials of Venus Ethoxyethers Pvt Ltd
FY 2025 filings availableVenus Ethoxyethers Pvt Ltd reported revenue of ₹11.67 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹11.67 Cr ▲ 34%
Net profit · FY 2025
₹3.43 Cr margin 29.4%
EBITDA · FY 2025
₹4.81 Cr margin 41.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 1%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 10%
5 years · compounded
▲ 46%
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA fell 21% 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 | ₹4.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.43 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 | 41.2% | ||||
| Net Profit Margin | 29.4% | ||||
| 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 Venus Ethoxyethers Pvt Ltd, buy the company report.
Board of directors of Venus Ethoxyethers Pvt Ltd
Venus Ethoxyethers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zubin Keki Gandhi Also directs: Grand Organics Private Limited, Dyna Glycols Private Limited, Esteem Industries Private Limited and 4 more | Director | 10 Dec 1990 | 35 Years 10 Months | Current |
| Amol Ashok Walke Also directs: Walke Enterprises Limited Liability Partnership, Grand Organics Private Limited, Dyna Glycols Private Limited and 5 more | Director | 21 Jan 2002 | 24 Years 9 Months | Current |
Peer comparison
Venus Ethoxyethers Pvt Ltd is compared with the 5 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals, Surfactants), 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 |
|---|---|---|---|---|---|---|
| Jainico Coatings Private Limited | ₹11.78 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Deepak Novochem Specialities Limited | ₹11.76 Cr (FY 2025) | 731.0% | Vadodara, Gujarat, India | |||
| Venus Ethoxyethers Pvt Ltdthis company | ₹11.67 Cr (FY 2025) | ₹3.43 Cr | 29.4% | 34.0% | 152 | Goa, India |
| Auxilia Technologies Private Limited | ₹11.57 Cr (FY 2025) | -21.0% | Wada, Maharashtra, India | |||
| Haylide Chemicals Private Limited | ₹11.56 Cr (FY 2024) | 2.0% | Jabalpur, Madhya Pradesh, India | |||
| Precious Electro Chem India Private Limited | ₹11.48 Cr (FY 2024) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Venus Ethoxyethers Pvt Ltd, buy the company report.
Auditor
Venus Ethoxyethers Pvt Ltd is audited by Y. K. Desai & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. K. Desai & Co. | FY 2022 | 102370W |
Shareholding
The shareholding of Venus Ethoxyethers Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Venus Ethoxyethers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹74.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2014 | 10521317 | Canara Bank | ₹6 Cr | Satisfied | |
| 08 May 2012 | 10357477 | Pyramid Finance Private Limited | ₹34 Lakh | Satisfied | |
| 24 Aug 2011 | 10310566 | Bank of India | ₹7.91 Cr | Satisfied | |
| 02 Aug 2006 | 80008698 | Icici Bank Ltd | ₹3.61 Cr | Satisfied | |
| 13 Mar 2006 | 80008797 | Icici Bank Limited | ₹3.61 Cr | Satisfied |
To see the full charge records of Venus Ethoxyethers Pvt Ltd, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Venus Ethoxyethers Pvt Ltd has 1 deal on record (1 acquisition); the latest was in January 2016.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Acquisition | Undisclosed | Buyer: Harcros (India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Venus Ethoxyethers Pvt Ltd has 9 court cases on record: 5 filed by Venus Ethoxyethers, 4 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
5
Filed against the company
4
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Civil suit | Filed by the company against individuals | Pending |
| High Court, GOA | Writ petition | Filed against the company by an individual | Disposed |
| High Court, GOA | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Venus Ethoxyethers Pvt Ltd, 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.
Credit ratings & regulatory alerts
Venus Ethoxyethers Pvt Ltd was last rated by Brickwork on 01 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 01 Jun 2020 |
To see the full credit ratings and regulatory alerts of Venus Ethoxyethers Pvt Ltd, buy the company report.
MSME payment delays
Venus Ethoxyethers Pvt Ltd has 6 MSME Form 1 returns on record between 2019 and 2021, listing 541 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vic Industries | |||
| Tarapur Packaging | |||
| Kamal Technoplast Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Venus Ethoxyethers Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Venus Ethoxyethers Pvt Ltd has a workforce of 152 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
152
Active EPFO establishments
1
Employee growth
-30.28%
GST
Venus Ethoxyethers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACV9656Q1ZP | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Venus Ethoxyethers Pvt Ltd, buy the company report.
Recent activity
Venus Ethoxyethers Pvt Ltd has 6 board changes on record since 1990: 2 appointments and 4 cessations. The latest: Upali Peter Weerasooriya ceased to be Director on 19 Sep 2022.
AGM
Venus Ethoxyethers Pvt Ltd last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Filing
Venus Ethoxyethers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Upali Peter Weerasooriya ceased to be Director.
Charges
A charge registered on 22 Feb 1999 via Charge ID 90077313 with The Maharashtra State Financial Corporation was fully satisfied on 16 Sep 2021.
Charges
A charge registered on 24 Aug 2011 via Charge ID 10310566 with Bank Of India was fully satisfied on 12 Jul 2021.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10521317 with Canara Bank was fully satisfied on 11 Jun 2021.
Charges
A charge with Canara Bank of Rs. 6.00 Cr registered on 26 Mar 2014 with Charge ID 10521317 was modified on 10 Mar 2021.
Charges
A charge with Bank Of India of Rs. 7.91 Cr registered on 24 Aug 2011 with Charge ID 10310566 was modified on 28 Oct 2020.
Charges
A charge registered on 02 Aug 2006 via Charge ID 80008698 with Icici Bank Ltd was fully satisfied on 12 Mar 2018.
Charges
A charge registered on 13 Mar 2006 via Charge ID 80008797 with Icici Bank Limited was fully satisfied on 12 Mar 2018.
Ceased
Zubin Keki Gandhi ceased to be Director.
Ceased
Kevin Gerard Mirner ceased to be Additional Director.
35 earlier events are in the company report.
Frequently asked questions
Venus Ethoxyethers is an active private limited company based in Goa, India. The company works in surfactants and detergents, within the chemicals and materials industry. It was incorporated on 10 December 1990 (36+ years old) and is registered under CIN U24119GA1990PTC001099.
Venus Ethoxyethers has 2 current directors:
- Zubin Keki Gandhi - Director
- Amol Ashok Walke - Director
The latest financial statements of Venus Ethoxyethers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Venus Ethoxyethers is 30AAACV9656Q1ZP, registered in Goa. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Venus Ethoxyethers is U24119GA1990PTC001099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venus Ethoxyethers has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Venus Ethoxyethers was incorporated on 10 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Goa.
Venus Ethoxyethers has 1 deal on record (1 acquisition); the latest was in January 2016.
The peers of Venus Ethoxyethers by revenue are Jainico Coatings Private Limited, Deepak Novochem Specialities Limited, Auxilia Technologies Private Limited, Haylide Chemicals Private Limited, Precious Electro Chem India Private Limited, all in the Chemicals industry (Specialty Chemicals, Surfactants), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Upali Peter Weerasooriya ceased to be Director on 19 Sep 2022. Zubin Keki Gandhi ceased to be Director on 09 Dec 2017. Kevin Gerard Mirner ceased to be Additional Director on 03 Sep 2016. Venus Ethoxyethers has 6 board changes on record in total.
Yes, Venus Ethoxyethers is registered as a small enterprise under Udyam registration (number: UDYAM-GA-01-0001079).
Venus Ethoxyethers has 6 MSME Form 1 returns on record between 2019 and 2021, listing 541 overdue payments to 20 micro and small suppliers. The latest return was filed on 18 Apr 2022.
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