- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0000394

About Zydex Industries Private Limited
Data last updated:
Zydex Industries Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 03 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2007PTC051659. Its GSTIN is 24AAACZ3193J1Z4 (Gujarat). The company holds 19 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Ajay Ishwarlal Ranka (Managing Director) and Moulik Ajay Ranka (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor 61 Gotri – Sevasi Road Sevasi, Vadodara, Gujarat, India – 390021.
As per the financials filed for FY 2025, the company reported a revenue of ₹407.81 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹30.06 Cr (net margin 7.4%) and EBITDA of ₹71.95 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company has about 813 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Zydex Group and Zydex Industries. As per MCA filings, the company has open charges of ₹220.6 Cr and satisfied charges of ₹10 Cr on record. Court records list 48 cases involving the company, including 30 filed by the company and 18 filed against it; 28 cases are pending. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹52 Lakh; the latest was in March 2015. Its 4 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 3 smaller; the largest is Ashapura Perfoclay Limited with revenue of ₹433.43 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
Zydex Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0000394). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zydexindustries.com.
Company details
Recognitions & Rankings of Zydex Industries
Contact details
Zydex Industries Private Limited's registered office is in Vadodara, Gujarat. Its website is zydexindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor 61 Gotri – Sevasi Road Sevasi, Vadodara, Gujarat, India – 390021
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Zydex Industries 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
Brands
Zydex Industries operates two associated brands: Zydex Group and Zydex Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops chemical technologies for textiles, agriculture, and construction sectors. | zydexgroup.com | |
| Potato farming, grain marketing, and equipment services are provided in Maine. | zydexindustries.com |
Business activity
The main business activity of Zydex Industries 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 |
To see the full business activity and turnover split of Zydex Industries Private Limited, buy the company report.
Financials of Zydex Industries Private Limited
FY 2025 filings availableZydex Industries Private Limited reported revenue of ₹407.81 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 6% growth in the latest year. EBITDA fell 10% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹407.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹71.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.06 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Zydex Industries Private Limited, buy the company report.
Board of directors of Zydex Industries Private Limited
Zydex Industries has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Ishwarlal Ranka | Managing Director | 03 Sep 2007 | 19 Years 2 Months | Current |
| Mikhil Ajay Ranka | Director | 01 Jan 2024 | 2 Years 10 Months | Current |
| Megha Lohia | Director | 01 Jan 2024 | 2 Years 10 Months | Current |
| Moulik Ajay Ranka | Managing Director | 29 Nov 2018 | 7 Years 11 Months | Current |
| Pooja Moulik Ranka | Director | 29 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Zydex Industries Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Specialty 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashapura Perfoclay Limited | ₹433.43 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Zydex Industries Private Limitedthis company | ₹407.81 Cr (FY 2025) | ₹30.06 Cr | 7.4% | 6.0% | 813 | Vadodara, Gujarat, India |
| Black Rose Industries Limited | ₹394.71 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Myk Arment Private Limited | ₹391.2 Cr (FY 2024) | 26.0% | Hyderabad, Telangana, India | |||
| Kusa Chemicals Private Limited | ₹387.6 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Zydex Industries Private Limited, buy the company report.
Auditor
Zydex Industries Private Limited is audited by CNK & Associates LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2025 | 101961W |
Shareholding
The shareholding of Zydex Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zydex Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2023 | 100786897 | Others | ₹25 Cr | Open | |
| 24 Aug 2023 | 100797187 | Citi Bank N.A. | ₹1.3 Cr | Open | |
| 13 Sep 2022 | 100617698 | Citi Bank N.A. | ₹4.8 Cr | Open | |
| 13 Sep 2022 | 100617700 | Citi Bank N.A. | ₹97 Cr | Open | |
| 21 Sep 2021 | 100488634 | Others | ₹50 Cr | Open |
To see the full charge records of Zydex Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Zydex Industries Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹52 Lakh; the latest was in March 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹44 Lakh | Investors: an individual |
| Feb 2008 | Funding round | ₹52 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zydex Industries Private Limited has 48 court cases on record: 30 filed by Zydex Industries, 18 filed against it. 28 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 46 | 18 | 26 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S Fortuna Colours and Prints LLP | Disposed |
| District court, Wardha, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra Through District Quality Control Inspector Shri Pramod Shriram Petkar | Pending |
| District court, Wardha, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra Through Seeds Inspector and Quality Control Inspector Pramod Shriram Petka | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Devidas Popatlal Jadhav Proprietor M/S Shree Sai Traders | Pending |
To see the full case history of Zydex Industries Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Zydex Industries Private Limited was last rated by Crisil on 29 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Dec 2020 |
To see the full credit ratings and regulatory alerts of Zydex Industries Private Limited, buy the company report.
MSME payment delays
Zydex Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Om Containers Pvt.Ltd. |
To see the full MSME payment records of Zydex Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Zydex Industries Private Limited has a workforce of 813 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 813 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Zydex Industries Private Limited, buy the company report.
GST
Zydex Industries has 19 GST registrations: 18 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ3193J1Z4 | Gujarat | Active | 01 Jul 2017 |
| 24AAACZ3193J2Z3 | Gujarat | Active | 28 Feb 2024 |
| 03AAACZ3193J1Z8 | Punjab | Active | 01 Jul 2017 |
| 06AAACZ3193J1Z2 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zydex Industries Private Limited, buy the company report.
Recent activity
Zydex Industries Private Limited has 11 board changes on record since 2007: 6 appointments and 5 cessations. The latest: Megha Lohia ceased to be Additional Director on 29 Sep 2024.
17 earlier events are in the company report.
Frequently asked questions
Zydex Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 03 September 2007 (19+ years old) and is registered under CIN U24100GJ2007PTC051659.
Zydex Industries has 5 current directors:
- Ajay Ishwarlal Ranka - Managing Director
- Moulik Ajay Ranka - Managing Director
- Mikhil Ajay Ranka - Director
- Megha Lohia - Director
- Pooja Moulik Ranka - Director
The latest financial statements of Zydex Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zydex Industries is 24AAACZ3193J1Z4, registered in Gujarat. The company has 19 GST registrations in all, of which 18 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACZ3193J2Z3 (Gujarat), 03AAACZ3193J1Z8 (Punjab), 06AAACZ3193J1Z2 (Haryana).
The CIN (Corporate Identification Number) of Zydex Industries is U24100GJ2007PTC051659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zydex Industries has 48 court cases on record: 30 filed by the company and 18 filed against it. 28 are pending. Most are in the district courts.
Zydex Industries was incorporated on 03 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Zydex Industries has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹52 Lakh; the latest was in March 2015.
The peers of Zydex Industries by revenue are Ashapura Perfoclay Limited, Black Rose Industries Limited, Myk Arment Private Limited, Kusa Chemicals Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Megha Lohia ceased to be Additional Director on 29 Sep 2024. Mikhil Ajay Ranka ceased to be Additional Director on 29 Sep 2024. Megha Lohia was appointed as Director on 01 Jan 2024. Zydex Industries has 11 board changes on record in total.
Yes, Zydex Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0000394).
Zydex Industries has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.

