About Westman Chemicals Private Limited
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Westman Chemicals 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 01 January 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1988PTC045759. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.68 Lakh. It is led by directors including Sayli Sanjay Mithbavkar and Gopalji Jha.
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 830 Business Park 9th Floor City Of Joy Jsd Marg Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.41 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Lakh (net margin 28.2%) and EBITDA of ₹3.08 Lakh (EBITDA margin 56.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹1.72 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website westmanchemicals.com.
Company details
Contact details
Westman Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is westmanchemicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address830 Business Park 9th Floor City Of Joy Jsd Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Westman 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 Westman 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 |
Financials of Westman Chemicals Private Limited
FY 2024 filings availableWestman Chemicals Private Limited reported revenue of ₹5.41 Lakh (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% 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 | ₹3.08 Lakh | ||||
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| Net Profit (PAT) | ₹1.52 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 | 56.9% | ||||
| Net Profit Margin | 28.2% | ||||
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To see the full financial statements and ratios of Westman Chemicals Private Limited, buy the company report.
Board of directors of Westman Chemicals Private Limited
Westman Chemicals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sayli Sanjay Mithbavkar Also directs: Mithila Rasayan Private Limited | Director | 12 Aug 2015 | 11 Years 3 Months | Current |
| Gopalji Jha Also directs: Westman Overseas LLP, Mithila Rasayan Private Limited | Director | 01 Jan 1988 | 38 Years 10 Months | Current |
| Sudha Gopalji Jha Also directs: Westman Overseas LLP, Mithila Rasayan Private Limited | Director | 01 Aug 2015 | 11 Years 3 Months | Current |
Auditor
Westman Chemicals Private Limited is audited by THAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAR & ASSOCIATES | FY 2022 | 110957W |
Shareholding
The shareholding of Westman Chemicals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Westman Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2006 | 10013331 | Canara Bank | ₹1.03 Cr | Satisfied | |
| 09 May 2006 | 10014607 | Canara Bank | ₹7 Lakh | Satisfied | |
| 11 May 1999 | 80003968 | Canara Bank | ₹20 Lakh | Satisfied | |
| 18 Mar 1996 | 90224715 | Canara Bank | ₹15 Lakh | Satisfied | |
| 08 Jan 1994 | 90222279 | Canara Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Westman Chemicals Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Westman 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 Westman Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Westman Chemicals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Westman Chemicals Private Limited, buy the company report.
Recent activity
Westman Chemicals Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Sayli Sanjay Mithbavkar was appointed as Director on 12 Aug 2015.
27 earlier events are in the company report.
Frequently asked questions
Westman Chemicals 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 01 January 1988 (38+ years old) and is registered under CIN U24110MH1988PTC045759.
Westman Chemicals has 3 current directors:
- Sayli Sanjay Mithbavkar - Director
- Gopalji Jha - Director
- Sudha Gopalji Jha - Director
The latest financial statements of Westman 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.
No. Westman Chemicals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Westman Chemicals is U24110MH1988PTC045759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westman Chemicals was incorporated on 01 January 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Sayli Sanjay Mithbavkar was appointed as Director on 12 Aug 2015. Dhirendra Krishnakant Jha ceased to be Director on 03 Aug 2015. Sudha Gopalji Jha was appointed as Director on 01 Aug 2015. Westman Chemicals has 4 board changes on record in total.
Westman Chemicals can be reached through the website westmanchemicals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Westman Chemicals is at 830 Business Park 9th Floor City Of Joy Jsd Marg Mulund West, Mumbai, Maharashtra, India – 400080.
Westman Chemicals operates in the chemicals and materials industry, in the industrial chemicals segment.
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