Virag Chemicals Private Limited
About Virag Chemicals Private Limited
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Virag Chemicals Private Limited is a private limited company based in Khed, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 17 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24100PN1996PTC235437. Its GSTIN is 27AACCV9003F1ZG (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishwas Vishnu Joshi and Jayashree Vishwas Joshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Khed, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.43 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹11.6 Lakh (net margin -93.3%) and EBITDA of -₹7.84 Lakh (EBITDA margin -63.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Virag Chemicals has one previous CIN (Corporate Identification Number): U24100MH1996PTC098910. The current CIN is U24100PN1996PTC235437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100PN1996PTC235437 | Current |
| U24100MH1996PTC098910 | Previous |
Contact details
Virag Chemicals Private Limited's registered office is in Khed, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 23/3/2 MIDC, Lote Parshuram, Khed, Maharashtra, India – 415722
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Virag Chemicals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Virag 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 Virag Chemicals Private Limited, buy the company report.
Financials of Virag Chemicals Private Limited
FY 2024 filings availableVirag Chemicals Private Limited reported revenue of ₹12.43 Lakh (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA fell 131% 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 |
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| EBITDA | -₹7.84 Lakh | ||||
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| Net Profit (PAT) | -₹11.6 Lakh | ||||
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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 | -63.1% | ||||
| Net Profit Margin | -93.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Virag Chemicals Private Limited, buy the company report.
Board of directors of Virag Chemicals Private Limited
Virag Chemicals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Vishnu Joshi Also directs: Lote Parshuram Logistics Forum | Director | 02 Aug 2021 | 5 Years 3 Months | Current |
| Jayashree Vishwas Joshi | Director | 26 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Virag Chemicals Private Limited is audited by M.V.BHAVE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.V.BHAVE & CO | FY 2022 | 101369W |
Shareholding
The shareholding of Virag Chemicals Private Limited 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 Virag Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virag Chemicals 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
No delayed payments to MSME suppliers are on our record for Virag Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virag Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV9003F1ZG | Maharashtra | Active | 25 Jul 2018 |
To see the full GST registrations and return filing status of Virag Chemicals Private Limited, buy the company report.
Recent activity
Virag Chemicals Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Jayashree Vishwas Joshi ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Virag Chemicals is an active private limited company based in Khed, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 17 April 1996 (30+ years old) and is registered under CIN U24100PN1996PTC235437.
Virag Chemicals has 2 current directors:
- Vishwas Vishnu Joshi - Director
- Jayashree Vishwas Joshi - Director
The latest financial statements of Virag Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Virag Chemicals is 27AACCV9003F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Virag Chemicals is U24100PN1996PTC235437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virag Chemicals was incorporated on 17 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
Jayashree Vishwas Joshi ceased to be Additional Director on 29 Sep 2024. Sanjay Vishnu Jadhav ceased to be Director on 31 May 2024. Jayashree Vishwas Joshi was appointed as Director on 26 Apr 2024. Virag Chemicals has 7 board changes on record in total.
The registered office of Virag Chemicals is at E – 2332 MIDC, Lote Parshuram, Khed, Maharashtra, India – 415722.
Virag Chemicals operates in the chemicals and materials industry, in the industrial chemicals segment.
The compliance status of Virag Chemicals is compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.
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