About Witmans Industries Private Limited
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Witmans Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 01 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2011PTC215664. Its GSTIN is 27AABCW0783E1ZD (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.71 Cr. It is led by directors Rajendra Ramlal Saini and Ravi Ramlalsingh Saini.
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 205/206 Kalpataru Plaza Chincholi Bunder Off S V Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹542.5 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹14.83 Cr (net margin 2.7%) and EBITDA of ₹33.48 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 171 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Witmans. As per MCA filings, the company has open charges of ₹126.49 Cr and satisfied charges of ₹10.33 Cr on record. Court records list 18 cases involving the company, including 15 filed by the company and 3 filed against it; 6 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in April 2012. Its 10 peer companies in the Chemicals industry (Petrochemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Mehta Petro-Refineries Ltd with revenue of ₹601.53 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 597 overdue payments to 89 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witmansgroup.com.
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- Website
- Social MediaLocked
- Registered Address205/206 Kalpataru Plaza Chincholi Bunder Off S V Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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 Witmans Industries Private Limited
Witmans Industries operates one associated brand: Witmans. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer specializing in production of performance lubricants, plasticizers, and specialty coatings for various industries | witmansgroup.com |
Business Activity of Witmans Industries Private Limited
The main business activity of Witmans Industries is manufacturing. In detail, this covers coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | 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 Witmans Industries Private Limited FY 2024 filings available
Witmans Industries Private Limited reported revenue of ₹542.5 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Witmans Industries Private Limited
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 18% 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 Witmans Industries 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 | ₹33.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.83 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 of Witmans Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Witmans Industries 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 Witmans Industries Private Limited
Witmans Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Ramlal Saini Also directs: Witmans Advanced Fluids Private Limited | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Ravi Ramlalsingh Saini | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
Peer Comparison of Witmans Industries Private Limited
Witmans Industries Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mehta Petro-Refineries Ltd | ₹601.53 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Siddharth Grease & Lubes Private Limited | ₹599.16 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Kothari Petrochemicals Limited. Listed | ₹588.83 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Tamil Nadu, India |
| Classic Bitumen Private Limited | ₹559.29 Cr (FY 2025) | •••• | •••• | 204.0% | •••• | Chandigarh, India |
| Tiki Tar and Shell India Private Limited | ₹545.16 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Mumbai, Maharashtra, India |
| Witmans Industries Private Limited this company | ₹542.5 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Rajkamal Industrial Private Limited | ₹534.64 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| The Andhra Petrochemicals Limited Listed | ₹529.64 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Tanuku, Andhra Pradesh, India |
| Goa Carbon Limited Listed | ₹519.84 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Goa, India |
| Tinna Rubber and Infrastructure Limited Listed | ₹509.83 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | New Delhi, Delhi, India |
| Petchem Products Private Limited | ₹509.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Witmans Industries by revenue in the Chemicals industry (Petrochemicals), 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 Witmans Industries Private Limited
Witmans Industries Private Limited is audited by B.P.SHAH & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.P.SHAH & CO | 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 Witmans Industries 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 Witmans Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2024 | Others | ₹10 Cr | Open |
| 27 Dec 2022 | Hdfc Bank Limited | ₹48 Lakh | Open |
| 09 Feb 2022 | Axis Bank Limited | ₹12.32 Cr | Open |
| 19 Jul 2019 | Hdfc Bank Limited | ₹50 Cr | Open |
| 30 May 2011 | State Bank of India | ₹53.69 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding of Witmans Industries Private Limited
Witmans Industries Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in April 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Funding round | ₹1 Cr | Investors: Witmans Petrochem Private Limited |
Full deal history
All 1 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 Witmans Industries Private Limited
Witmans Industries Private Limited has 18 court cases on record: 15 filed by Witmans Industries, 3 filed against it. 6 cases are pending and 12 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 3 |
| NCLAT | 4 | 2 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Chemical Corp Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against B M G Chemicals Private Limited and 1 other | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against B M G Chemicals Private Limited and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against H.S. Polymers Private Limited | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against B M G Chemicals Private Limited | Pending |
Full case history
All 18 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.
MSME Payment Delays by Witmans Industries Private Limited
Witmans Industries Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 597 overdue payments to 89 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 89)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rank Additives Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| D R Coats Ink and Resins Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Witmans Industries Private Limited
Witmans Industries Private Limited has a workforce of 171 employees as of Apr 08, 2025.
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 Witmans Industries Private Limited
Witmans Industries Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Rajendra Ramlal Saini was appointed as Director on 01 Apr 2011.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Witmans Industries 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.
Subsidiaries & Group Companies of Witmans Industries 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 Witmans Industries Private Limited
Witmans Industries has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW0783E1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AABCW0783E2ZC | Maharashtra | Active | 21 Sep 2017 |
| 26AABCW0783E2ZE | Daman & Diu | Active | 01 Aug 2020 |
| 24AABCW0783E1ZJ | Gujarat | Active | 20 Aug 2021 |
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 Witmans Industries 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.
Frequently Asked Questions about Witmans Industries Private Limited
Witmans Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 01 April 2011 (15+ years old) and is registered under CIN U24100MH2011PTC215664.
Witmans Industries reported revenue of ₹542.5 Cr for FY 2025 (down 5% YoY).
Witmans Industries has 2 current directors:
- Rajendra Ramlal Saini - Director
- Ravi Ramlalsingh Saini - Director
Witmans Industries reported a net profit of ₹14.83 Cr (net margin 2.7%) and EBITDA of ₹33.48 Cr (EBITDA margin 6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Witmans Industries is 4% over three years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Witmans Industries is 27AABCW0783E1ZD, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCW0783E2ZC (Maharashtra), 26AABCW0783E2ZE (Daman & Diu), 24AABCW0783E1ZJ (Gujarat).
The CIN (Corporate Identification Number) of Witmans Industries is U24100MH2011PTC215664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Witmans Industries has 18 court cases on record: 15 filed by the company and 3 filed against it. 6 are pending. Most are in the district courts.
Witmans Industries was incorporated on 01 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Witmans Industries has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in April 2012.
The peers of Witmans Industries by revenue are Mehta Petro-Refineries Ltd, Siddharth Grease & Lubes Private Limited, Kothari Petrochemicals Limited, Classic Bitumen Private Limited, Tiki Tar and Shell India Private Limited and 5 more, all in the Chemicals industry (Petrochemicals).
Rajendra Ramlal Saini was appointed as Director on 01 Apr 2011. Ravi Ramlalsingh Saini was appointed as Director on 01 Apr 2011.