About Vithal Castor Polyols Private Limited
Data last updated:
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. Its 10 peer companies in the Chemicals industry (Industrial Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Aapchem Private Limited with revenue of ₹45.08 Cr.
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.
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- Website
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- Registered Address701 Towera Peninsulabusinesspark Senapatibapatmarg Lowerparel(West), Mumbai, Maharashtra, India – 400013
- IndustryChemicals and Materials, Industrial Chemicals
- 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
- One PDF report, delivered after checkout
Associated Brands with Vithal Castor Polyols Private Limited
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 of Vithal Castor Polyols Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vithal Castor Polyols Private Limited FY 2025 filings available
Vithal Castor Polyols Private Limited reported revenue of ₹44.42 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vithal Castor Polyols Private Limited
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 of Vithal Castor Polyols Private Limited
| 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 | ₹3.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹94.29 Lakh | •••• | •••• | •••• | •••• |
| 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 of Vithal Castor Polyols Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vithal Castor Polyols are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 8 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 |
Peer Comparison of Vithal Castor Polyols Private Limited
Vithal Castor Polyols Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aapchem Private Limited | ₹45.08 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Vadodara, Gujarat, India |
| Tridev Urja Private Limited | ₹44.76 Cr (FY 2025) | •••• | •••• | 252.0% | •••• | Dehradun, Uttarakhand, India |
| Bhagyalaxmi Brinechem Private Limited | ₹44.74 Cr (FY 2021) | •••• | •••• | 1.0% | •••• | Nawa, Rajasthan, India |
| Mittal Chemplast Private Limited | ₹44.69 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Delhi, India |
| The Bhavnagar Salt and Industrial Works Private Limited | ₹44.63 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bhavnagar, Gujarat, India |
| Vithal Castor Polyols Private Limited this company | ₹44.42 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Radha Krishna Surfactants Private Limited | ₹44.29 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Silvassa, Dadra and Nagar Haveli, India |
| Banashankari Chemicals Private Limited | ₹44.28 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Bangalore, Karnataka, India |
| Bizinbiz Technologies Private Limited | ₹44.08 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Shreedurga Chemfood Private Limited | ₹43.68 Cr (FY 2023) | •••• | •••• | 44.0% | •••• | Gandhidham, Gujarat, India |
| Falcon Chemox Private Limited | ₹43.64 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Vithal Castor Polyols by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vithal Castor Polyols Private Limited
Vithal Castor Polyols Private Limited is audited by T. P. Ostwal & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T. P. Ostwal & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vithal Castor Polyols Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vithal Castor Polyols Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2016 | Others | ₹11 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Vithal Castor Polyols Private Limited
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 |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Vithal Castor Polyols Private Limited
Vithal Castor Polyols Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
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 |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vithal Castor Polyols Private Limited
Vithal Castor Polyols Private Limited has a workforce of 36 employees as of Jun 20, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vithal Castor Polyols Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vithal Castor Polyols Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vithal Castor Polyols Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vithal Castor Polyols Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vithal Castor Polyols Private Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vithal Castor Polyols Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Vithal Castor Polyols Private Limited
Frequently Asked Questions about Vithal Castor Polyols Private Limited
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 reported revenue of ₹44.42 Cr for FY 2025 (down 18% YoY).
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
Vithal Castor Polyols reported a net profit of ₹94.29 Lakh (net margin 2.1%) and EBITDA of ₹3.23 Cr (EBITDA margin 7.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vithal Castor Polyols is 14% over five years. In the latest year (FY 2025) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Vithal Castor Polyols by revenue are Aapchem Private Limited, Tridev Urja Private Limited, Bhagyalaxmi Brinechem Private Limited, Mittal Chemplast Private Limited, The Bhavnagar Salt and Industrial Works Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).