About Vithal Castor Polyols Private Limited
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Vithal Castor Polyols Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 05 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24296MH2013PTC246697. Its GSTIN is 27AAECV5287F2ZZ (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹54 Cr and a paid-up capital of ₹36 Cr. It is led by directors including Yasuhiro Matsuzaka (Managing Director) and Subhash Vithaldas Udeshi (Managing Director).
Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 701 Towera Peninsulabusinesspark Senapatibapatmarg Lowerparel(West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.42 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹94.29 Lakh (net margin 2.1%) and EBITDA of ₹3.23 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jayant Agro-Organics. As per MCA filings, the company has satisfied charges of ₹11 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹35.99 Cr; the latest was in February 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jayantagro.com.
Company details
Contact details
Vithal Castor Polyols Private Limited's registered office is in Mumbai, Maharashtra. Its website is jayantagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address701 Towera Peninsulabusinesspark Senapatibapatmarg Lowerparel(West), Mumbai, Maharashtra, India – 400013
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Vithal Castor Polyols 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
Brands
Vithal Castor Polyols operates one associated brand: Jayant Agro-Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Castor seeds, manure, and castor oil are manufactured. | jayantagro.com |
Business activity
The main business activity of Vithal Castor Polyols is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Vithal Castor Polyols Private Limited, buy the company report.
Financials of Vithal Castor Polyols Private Limited
FY 2025 filings availableVithal Castor Polyols Private Limited reported revenue of ₹44.42 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 42% 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 | ₹3.23 Cr | ||||
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| Net Profit (PAT) | ₹94.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Vithal Castor Polyols Private Limited, buy the company report.
Board of directors of Vithal Castor Polyols Private Limited
Vithal Castor Polyols has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Takuya Katayama Also directs: Ihsedu Itoh Green Chemicals Marketing Private Limited | Director | 01 Oct 2016 | 10 Years 0 Months | Current |
| Abhay Vithaldas Udeshi Also directs: Enlite Chemical Industries LLP, Jayant Agro-Organics Limited, Ihsedu Coreagri Services Private Limited and 5 more | Director | 05 Aug 2013 | 13 Years 2 Months | Current |
| Nobuhisa Iwane | Additional Director | 22 Jan 2026 | 0 Years 9 Months | Current |
| Yasuhiro Matsuzaka | Managing Director | 04 Apr 2025 | 1 Years 6 Months | Current |
| Varun Abhay Udeshi | Director | 28 Jan 2025 | 1 Years 8 Months | Current |
| Subhash Vithaldas Udeshi Also directs: Enlite Chemical Industries LLP, Jayant Agro-Organics Limited, Ihsedu Itoh Green Chemicals Marketing Private Limited and 1 more | Managing Director | 15 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Vithal Castor Polyols Private Limited is audited by T. P. Ostwal & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T. P. Ostwal & Associates LLP | FY 2023 | 124444W/W100150 |
Shareholding
The shareholding of Vithal Castor Polyols Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Vithal Castor Polyols Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2016 | 100029240 | Others | ₹11 Cr | Satisfied |
To see the full charge records of Vithal Castor Polyols Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vithal Castor Polyols Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹35.99 Cr; the latest was in February 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Mitsui Chemicals Inc. Seller: Mitsui Chemicals Inc. & SKY Polyurethaness Inc. |
| Oct 2017 | Funding round | ₹18 Cr | Investors: Mitsui Chemicals Inc. & SKY Polyurethaness Inc., Itoh Oil Chemicals Co.Limited |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Mitsui Chemicals Inc. & SKY Polyurethaness Inc. Seller: Mitsui Chemicals Inc. |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Jayant Agro-Organics Limited Seller: 2 individuals |
| Oct 2013 | Funding round | ₹17.99 Cr | Investors: Jayant Agro-Organics Limited , Mitsui Chemicals Inc., Itoh Oil Chemicals Co.Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vithal Castor Polyols Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Vithal Castor Polyols 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.
Credit ratings & regulatory alerts
Vithal Castor Polyols Private Limited was last rated by Crisil on 17 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Feb 2020 |
To see the full credit ratings and regulatory alerts of Vithal Castor Polyols Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vithal Castor Polyols Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vithal Castor Polyols Private Limited has a workforce of 36 employees on its EPFO records as of Jun 20, 2024, across 1 active EPFO establishment.
GST
Vithal Castor Polyols has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV5287F2ZZ | Maharashtra | Active | 01 Jul 2017 |
| 24AAECV5287F1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vithal Castor Polyols Private Limited, buy the company report.
Recent activity
Vithal Castor Polyols Private Limited has 29 board changes on record since 2013: 17 appointments and 12 cessations. The latest: Nobuhisa Iwane was appointed as Additional Director on 22 Jan 2026.
22 earlier events are in the company report.
News
Frequently asked questions
Vithal Castor Polyols is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 05 August 2013 (13+ years old) and is registered under CIN U24296MH2013PTC246697.
Vithal Castor Polyols has 6 current directors:
- Yasuhiro Matsuzaka - Managing Director
- Subhash Vithaldas Udeshi - Managing Director
- Takuya Katayama - Director
- Abhay Vithaldas Udeshi - Director
- Nobuhisa Iwane - Additional Director
- Varun Abhay Udeshi - Director
The latest financial statements of Vithal Castor Polyols on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vithal Castor Polyols is 27AAECV5287F2ZZ, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAECV5287F1Z6 (Gujarat).
The CIN (Corporate Identification Number) of Vithal Castor Polyols is U24296MH2013PTC246697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vithal Castor Polyols has 1 court case on record: 1 filed against it.
Vithal Castor Polyols was incorporated on 05 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Vithal Castor Polyols has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹35.99 Cr; the latest was in February 2022.
Nobuhisa Iwane was appointed as Additional Director on 22 Jan 2026. Masashi Obata ceased to be Managing Director on 04 Apr 2025. Yasuhiro Matsuzaka was appointed as Managing Director on 04 Apr 2025. Vithal Castor Polyols has 29 board changes on record in total.
Vithal Castor Polyols can be reached through the website jayantagro.com. Its registered office is in Mumbai, Maharashtra, India.