Vitrag Chemicals Private Limited

Vitrag Chemicals Private Limited - chemicals and materials in Vapi, Gujarat, India. FY 2026 financials & compliance.
CIN U24119GJ2003PTC041855 Incorporated 20 January 2003 ROC Ahmedabad HQ Vapi, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹35.61 Cr
▼ 14% YoY
Net profit · FY 2025
₹1.81 Cr
Net margin 5.1%
EBITDA · FY 2025
₹2.77 Cr
EBITDA margin 7.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41.34 Lakh
Issued & subscribed
Open charges
₹26.5 Cr
Satisfied ₹44.32 Cr
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings

About Vitrag Chemicals Private Limited

Data last updated:

Vitrag Chemicals Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 20 January 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ2003PTC041855. Its GSTIN is 24AABCV8316Q1ZU (Gujarat).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.34 Lakh. It is led by directors including Sanjiv Ekanath Mahajan (Whole-Time Director) and Shobhana Ashok Jain.

Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C 1 B 81 100 Shed Area GIDC, Vapi, Gujarat, India – 396195.

As per the financials filed for FY 2025, the company reported a revenue of ₹35.61 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 5.1%) and EBITDA of ₹2.77 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.

As per MCA filings, the company has open charges of ₹26.5 Cr and satisfied charges of ₹44.32 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34.4 Lakh; the latest was in May 2022. Its 8 peer companies in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 3 smaller; the largest is Tinco Chemicals Private Limited with revenue of ₹36.35 Cr.

Vitrag Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0018803). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suvidhigroup.com.

Company details

CIN U24119GJ2003PTC041855
Registration Number 041855
Incorporation Date 20 January 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0018803
Key People
Sanjiv Ekanath Mahajan Whole-Time Director Shobhana Ashok Jain Director Ashok Gendmal Jain Director

Recognitions & Rankings of Vitrag Chemicals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-25-0018803

Contact details

Vitrag Chemicals Private Limited's registered office is in Vapi, Gujarat. Its website is suvidhigroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    suvidhigroup.com
  • Registered Address
    C 1 B 81 100 Shed Area GIDC, Vapi, Gujarat, India – 396195
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Vitrag Chemicals Private Limited, buy the company report.

Comprehensive company report
Vitrag 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Vitrag Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Vitrag Chemicals Private Limited, buy the company report.

Financials of Vitrag Chemicals Private Limited

FY 2025 filings available

Vitrag Chemicals Private Limited reported revenue of ₹35.61 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹35.61 Cr ▼ 14%
Net profit · FY 2025
₹1.81 Cr margin 5.1%
EBITDA · FY 2025
₹2.77 Cr margin 7.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 1%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 1%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.81 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.8%
Net Profit Margin5.1%
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

To see the full financial statements and ratios of Vitrag Chemicals Private Limited, buy the company report.

Board of directors of Vitrag Chemicals Private Limited

Vitrag Chemicals has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shobhana Ashok Jain
Also directs: Suvidhi Industries Private Limited, Siddhi Chloroexim Private Limited
Director20 Jan 200323 Years 9 MonthsCurrent
Sanjiv Ekanath MahajanWhole-Time Director25 Feb 200818 Years 8 MonthsCurrent
Ashok Gendmal Jain
Also directs: Suvidhi Pigments and Dyestuff LLP, JC Cropasia Private Limited, Suvidhi Industries Private Limited and 1 more
Director20 Jan 200323 Years 9 MonthsCurrent
View all directors

Peer comparison

Vitrag Chemicals Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tinco Chemicals Private Limited₹36.35 Cr (FY 2025)-16.0%Mumbai, Maharashtra, India
Perma Construction Aids Private Limited₹36.07 Cr (FY 2021)4.0%Valsad, Gujarat, India
Maulikem Products Private Limited₹36 Cr (FY 2025)-20.0%Ahmedabad, Gujarat, India
Agarwal Finechem Private Limited₹35.91 Cr (FY 2024)0.0%Kanpur, Uttar Pradesh, India
Parth Dye Chem Private Limited₹35.86 Cr (FY 2025)9.0%Surat, Gujarat, India
Vitrag Chemicals Private Limitedthis company₹35.61 Cr (FY 2025)₹1.81 Cr5.1%-14.0%Vapi, Gujarat, India
Yojana Organics Private Limited₹35.61 Cr (FY 2025)12.0%Ratnagiri, Maharashtra, India
Sri Varahi Silicate Industries Private Limited₹35.59 Cr (FY 2025)15.0%Chennai, Tamil Nadu, India
Somu Organo Chem Private Limited₹35.44 Cr (FY 2025)-21.0%Bangalore, Karnataka, India

To see the full peer comparison of Vitrag Chemicals Private Limited, buy the company report.

Auditor

Vitrag Chemicals Private Limited is audited by G B LADDHA & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
G B LADDHA & CO LLPFY 2023120352W/W-100033

Shareholding

The shareholding of Vitrag Chemicals 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vitrag Chemicals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26.5 Cr
Satisfied charges
₹44.32 Cr
Breakdown by lending institutions
Others₹26.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Aug 2024100957247Others₹21 CrOpen
30 Dec 2023100837985Others₹5.5 CrOpen
15 May 2023100728044State Bank of India₹25 CrSatisfied
24 Jan 2022100546837Hdfc Bank Limited₹11.9 LakhSatisfied
01 Dec 201210394177State Bank of India₹9.6 CrSatisfied

To see the full charge records of Vitrag Chemicals Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Vitrag Chemicals Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34.4 Lakh; the latest was in May 2022.

Total deals
5
Secondary share transfers
3
Rights issue
1
Funding round
1
Disclosed funding
₹34.4 Lakh

Deals on record (5 of 5)

WhenDealAmountParties
May 2022Rights issue₹40 LakhInvestors: 2 individuals
Apr 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2012Secondary share transferUndisclosedBuyer: an individual
Seller: Ken Securities Limited , Nexus Software Limited
Mar 2008Funding round₹34.4 LakhInvestors: Nexus Software Limited , Ken Securities Limited , 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vitrag Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vitrag Chemicals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCV8316Q1ZUGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Vitrag Chemicals Private Limited, buy the company report.

Recent activity

Vitrag Chemicals Private Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Ashok Gendmal Jain ceased to be Director on 26 Dec 2015.

Charges
A charge with Others of Rs. 550.00 Lakh registered on 30 Dec 2023 with Charge ID 100837985 was modified on 01 Aug 2025.
AGM
Vitrag Chemicals Private Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Filing
Vitrag Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 24 Jan 2022 via Charge ID 100546837 with Hdfc Bank Limited was fully satisfied on 20 Nov 2024.
Charges
A charge with Others amounted to Rs. 2,100.00 Lakh with Charge ID 100957247 was registered on 01 Aug 2024.
Charges
A charge registered on 15 May 2023 via Charge ID 100728044 with State Bank Of India was fully satisfied on 01 Jun 2024.
Charges
A charge with Others amounted to Rs. 550.00 Lakh with Charge ID 100837985 was registered on 30 Dec 2023.
Charges
A charge registered on 01 Dec 2012 via Charge ID 10394177 with State Bank Of India was fully satisfied on 20 Sep 2023.
Charges
A charge registered on 19 Oct 2007 via Charge ID 10071634 with State Bank Of India was fully satisfied on 20 Sep 2023.
Charges
A charge with State Bank Of India amounted to Rs. 2,500.00 Lakh with Charge ID 100728044 was registered on 15 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.90 Lakh with Charge ID 100546837 was registered on 24 Jan 2022.
Charges
A charge with State Bank Of India of Rs. 960.00 Lakh registered on 01 Dec 2012 with Charge ID 10394177 was modified on 10 Aug 2018.

11 earlier events are in the company report.

Frequently asked questions

Vitrag Chemicals is an active private limited company based in Vapi, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 20 January 2003 (23+ years old) and is registered under CIN U24119GJ2003PTC041855.

Vitrag Chemicals has 3 current directors:

The latest financial statements of Vitrag Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Vitrag Chemicals is 24AABCV8316Q1ZU, registered in Gujarat.

The CIN (Corporate Identification Number) of Vitrag Chemicals is U24119GJ2003PTC041855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vitrag Chemicals has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.

Vitrag Chemicals was incorporated on 20 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Vitrag Chemicals has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34.4 Lakh; the latest was in May 2022.

The peers of Vitrag Chemicals by revenue are Tinco Chemicals Private Limited, Perma Construction Aids Private Limited, Maulikem Products Private Limited, Agarwal Finechem Private Limited, Parth Dye Chem Private Limited and 3 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Ashok Gendmal Jain ceased to be Director on 26 Dec 2015. Sanjiv Ekanath Mahajan ceased to be Director on 26 Dec 2015. Shobhana Ashok Jain ceased to be Director on 26 Dec 2015. Vitrag Chemicals has 7 board changes on record in total.

Yes, Vitrag Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0018803).