About Zest Aromas Private Limited
Data last updated:
Zest Aromas Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Silvercity Management Ltd (Rep.). It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 08 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1995PTC281160. Its GSTIN is 27AAACZ0601M2ZC (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20.28 Lakh. It is led by directors Ajay Madhusudan Patel and Meeta Ajay Patel.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 401 4th Floor Business Square Chakala Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.78 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.39 Cr (net margin 7.6%) and EBITDA of ₹6.19 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.8 Cr and satisfied charges of ₹18.85 Cr on record. Court records list 15 cases involving the company, including 11 filed by the company and 4 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zestaromas.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 401 4th Floor Business Square Chakala Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Aromatics & Benzene 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
Business Activity of Zest Aromas Private Limited
The main business activity of Zest Aromas is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | 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 Zest Aromas Private Limited FY 2025 filings available
Zest Aromas Private Limited reported revenue of ₹44.78 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Zest Aromas Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA rose 5% 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 Zest Aromas 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 | ₹6.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.39 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 Zest Aromas Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| 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 Zest Aromas 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.
Peer Comparison of Zest Aromas Private Limited
Zest Aromas Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Aromatics). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paris Elysees India Private Limited | •••• | •••• | •••• | •••• | 37 | Jaipur, Rajasthan, India |
| Praveen Aroma Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bombay Perfumery Products Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sawai Fragrances Private Limited | •••• | •••• | •••• | •••• | 15 | Mumbai, Maharashtra, India |
| Cec Flavours and Fragrances Private Limited | •••• | •••• | •••• | •••• | 153 | Ponapadi R.S.(Via) Tirutani, Tamil Nadu, India |
| Zest Aromas Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mohini Perfumers Pvt Ltd | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Chemshel Enterprises Private Limited | •••• | •••• | •••• | •••• | 16 | Purulia, West Bengal, India |
| Shimmer Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Dist Baroda, Gujarat, India |
| Rocket Agarbatti & Perfumes Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Jai Bankey Bihari Perfumers Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Zest Aromas by revenue in the Chemicals industry (Aromatics), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Zest Aromas Private Limited
Zest Aromas Private Limited is audited by NIHAR MEHTA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIHAR MEHTA & 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.
Board of Directors of Zest Aromas Private Limited
Zest Aromas has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Madhusudan Patel Also directs: Zest Consultancy Services LLP, Zest Scapes Private Limited | Director | 08 Sep 1995 | 31 Years 0 Months | Current |
| Meeta Ajay Patel Also directs: Zest Consultancy Services LLP, Zest Scapes Private Limited | Director | 23 Sep 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Zest Aromas 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 Zest Aromas Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2023 | Hdfc Bank Limited | ₹29.08 Lakh | Open |
| 17 Mar 2023 | Hdfc Bank Limited | ₹50 Lakh | Open |
| 04 Dec 2021 | Hdfc Bank Limited | ₹13.01 Cr | Open |
| 06 Dec 2016 | Axis Bank Limited | ₹7.5 Cr | Satisfied |
| 31 Oct 2015 | Axis Bank Limited | ₹7.5 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Zest Aromas Private Limited
Zest Aromas Private Limited has 15 court cases on record: 11 filed by Zest Aromas, 4 filed against it. 5 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 5 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Shree Par Fragrance Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Shree Par Fragrance Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Amar Remedies Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Shree Par Fragrance Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Shree Par Fragrance Private Limited | Disposed |
Full case history
All 15 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 Zest Aromas Private Limited
Zest Aromas Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 211 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pushpa Flavour & Fragrance Pvt Ltd | •••• | •••• | •••• |
| Ashapura Aromas Private Limited | •••• | •••• | •••• |
| Nishant Aromas Private Limited | •••• | •••• | •••• |
| B M V Fragrances Private Limited | •••• | •••• | •••• |
| Vijay Trading Company | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 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 Zest Aromas Private Limited
Zest Aromas Private Limited has a workforce of 21 employees as of Mar 23, 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.
CIN History of Zest Aromas Private Limited
Zest Aromas has one previous CIN (Corporate Identification Number): U72200GJ1995PTC027398. The current CIN is U72200MH1995PTC281160, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1995PTC281160 | Current |
| U72200GJ1995PTC027398 | Previous |
Recent Activity on Zest Aromas Private Limited
Zest Aromas Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Apoorva Madhusudan Patel ceased to be Director on 13 Jun 2022.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zest Aromas 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 Zest Aromas 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 Zest Aromas Private Limited
Zest Aromas has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0601M2ZC | Maharashtra | Active | 24 Jul 2017 |
| 26AAACZ0601M1ZF | Dadra and Nagar Haveli and Daman and Diu | 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 Zest Aromas 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 Zest Aromas Private Limited
Zest Aromas is an active private limited company based in Mumbai, Maharashtra, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 08 September 1995 (31+ years old) and is registered under CIN U72200MH1995PTC281160.
Zest Aromas reported revenue of ₹44.78 Cr for FY 2025 (up 1% YoY).
Zest Aromas has 2 current directors:
- Ajay Madhusudan Patel - Director
- Meeta Ajay Patel - Director
Zest Aromas reported a net profit of ₹3.39 Cr (net margin 7.6%) and EBITDA of ₹6.19 Cr (EBITDA margin 13.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zest Aromas is 13% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zest Aromas is 27AAACZ0601M2ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAACZ0601M1ZF (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Zest Aromas is U72200MH1995PTC281160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zest Aromas has 15 court cases on record: 11 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Zest Aromas was incorporated on 08 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Zest Aromas by revenue are Paris Elysees India Private Limited, Praveen Aroma Private Limited, Bombay Perfumery Products Pvt Ltd, Sawai Fragrances Private Limited, Cec Flavours and Fragrances Private Limited and 5 more, all in the Chemicals industry (Aromatics).
Apoorva Madhusudan Patel ceased to be Director on 13 Jun 2022. Meeta Ajay Patel ceased to be Additional Director on 31 Dec 2018. Meeta Ajay Patel was appointed as Director on 23 Sep 2017. Zest Aromas has 5 board changes on record in total.
Zest Aromas has 12 MSME Form 1 returns on record between 2019 and 2023, listing 211 overdue payments to 43 micro and small suppliers. The latest return was filed on 23 Oct 2023.