MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0018698
Zytex Biotech Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.95 Cr
▲ 24% YoY
Net profit · FY 2024
₹6.92 Cr
Net margin 11.5%
EBITDA · FY 2024
₹14.49 Cr
EBITDA margin 24.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
171
Provident fund records
Directors on board
4
As per MCA filings
About Zytex Biotech Private Limited
Data last updated:
Zytex Biotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial enzymes and biochemicals segment of the chemicals and materials sector. It was incorporated on 17 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2006PTC160565. Its GSTIN is 27AAACZ2542F1ZG (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rashesh Dhansukh Doshi and Jayraj Ashwin Doshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.95 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹6.92 Cr (net margin 11.5%) and EBITDA of ₹14.49 Cr (EBITDA margin 24.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
The company has about 171 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: PlantbiotiX and Zytex. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in September 2013. Its 6 peer companies in the Chemicals industry (Enzymes), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 4 smaller; the largest is Anthem Cellutions ( India) Private Limited with revenue of ₹91.31 Cr. The company has 3 MSME Form 1 returns on record between 2015 and 2019, listing 4 overdue payments to 4 micro and small suppliers.
Zytex Biotech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0018698). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zytex.com.
Company details
CIN U24230MH2006PTC160565
Registration Number 160565
Incorporation Date 17 March 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0018698
Key People
Rashesh Dhansukh Doshi Director Jayraj Ashwin Doshi Director Dhansukh Mohanlal Doshi Director Recognitions & Rankings of Zytex Biotech
Contact details
Zytex Biotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is zytex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address702/B Polaris Off. Marol Maroshi Road Behind Sangeet Plaza Marol Andheri (Ea, St), Mumbai, Maharashtra, India – 400059
- IndustryChemicals and Materials, Industrial Enzymes & Biochemicals
To see the full contact details of Zytex Biotech Private Limited, buy the company report.
Comprehensive company report
Zytex Biotech 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
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Brands
Zytex Biotech operates two associated brands: PlantbiotiX and Zytex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides microbial solutions for crop protection, nutrition, and soil improvement. | plantbiotix.com | |
| Enzymes and biotech products are manufactured for industrial applications. | zytex.com |
Business activity
The main business activity of Zytex Biotech 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 Zytex Biotech Private Limited, buy the company report.
Financials of Zytex Biotech Private Limited
FY 2024 filings availableZytex Biotech Private Limited reported revenue of ₹59.95 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹59.95 Cr ▲ 24%
Net profit · FY 2024
₹6.92 Cr margin 11.5%
EBITDA · FY 2024
₹14.49 Cr margin 24.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 12%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 200%
3 years · compounded
▲ 42%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 24% growth in the latest year. EBITDA rose 200% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.95 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.92 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.2% | ||||
| Net Profit Margin | 11.5% | ||||
| 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 Zytex Biotech Private Limited, buy the company report.
Board of directors of Zytex Biotech Private Limited
Zytex Biotech has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashesh Dhansukh Doshi Also directs: General Textilies Stores Pvt Ltd, Zytex (India) Private Limited, Zytex International Private Limited Zytex and 1 more | Director | 17 Mar 2006 | 20 Years 7 Months | Current |
| Jayraj Ashwin Doshi Also directs: General Textilies Stores Pvt Ltd, Zytex (India) Private Limited, Zytex International Private Limited Zytex and 1 more | Director | 17 Mar 2006 | 20 Years 7 Months | Current |
| Dhansukh Mohanlal Doshi | Director | 17 Mar 2006 | 20 Years 7 Months | Current |
| Ashwin Mohanlal Doshi | Director | 17 Mar 2006 | 20 Years 7 Months | Current |
Peer comparison
Zytex Biotech Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Enzymes), 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 |
|---|---|---|---|---|---|---|
| Anthem Cellutions ( India) Private Limited | ₹91.31 Cr (FY 2017) | -11.0% | Bangalore, Karnataka, India | |||
| Amylo Dex Private Limited | ₹60.75 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Zytex Biotech Private Limitedthis company | ₹59.95 Cr (FY 2024) | ₹6.92 Cr | 11.5% | 24.0% | 171 | Mumbai, Maharashtra, India |
| Lumis Biotech Private Limited | ₹57.84 Cr (FY 2024) | 6.0% | Mumbai, Maharashtra, India | |||
| Amster Microcell Private Limited | ₹55.81 Cr (FY 2025) | 50.0% | Kadi, Gujarat, India | |||
| Infinita Biotech Private Limited | ₹52.26 Cr (FY 2024) | 119.0% | Vadodara, Gujarat, India | |||
| Aumgene Biosciences Private Limited | ₹46.06 Cr (FY 2025) | 37.0% | Surat, Gujarat, India |
To see the full peer comparison of Zytex Biotech Private Limited, buy the company report.
Auditor
Zytex Biotech Private Limited is audited by MEHTA BHARAT & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA BHARAT & ASSOCIATES | FY 2024 | 106192W |
Shareholding
The shareholding of Zytex Biotech 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zytex Biotech Private Limited, buy the company report.
Deals & funding
Zytex Biotech Private Limited has 1 deal on record (1 acquisition); the latest was in September 2013.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Acquisition | ₹85.05 Cr | Buyer: an individual Seller: Zytex Biotech Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zytex Biotech Private Limited has 6 court cases on record: 1 filed by Zytex Biotech, 5 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (REF IT) | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principal Commisioner of Income Tax Central 4 | Pending |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company | Disposed |
| District court, Banaskanth at Palanpur, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (REFER D LC) | Filed against the company by an individual | Disposed |
To see the full case history of Zytex Biotech 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.
MSME payment delays
Zytex Biotech Private Limited has 3 MSME Form 1 returns on record between 2015 and 2019, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Borregaard South Asia Private Limited | |||
| Sudarshan Minchem Limited | |||
| an individual supplier | |||
| Day Star Enviro Technologies Private Limited |
To see the full MSME payment records of Zytex Biotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Zytex Biotech Private Limited has a workforce of 171 employees on its EPFO records as of Jan 25, 2025, across 1 active EPFO establishment.
Employee count
171
Active EPFO establishments
1
Employee growth
10.32%
GST
Zytex Biotech has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ2542F1ZG | Maharashtra | Active | 01 Jul 2017 |
| 22AAACZ2542F1ZQ | Chattisgarh | Active | 01 Jul 2017 |
| 23AAACZ2542F1ZO | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AAACZ2542F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zytex Biotech Private Limited, buy the company report.
Recent activity
Zytex Biotech Private Limited has 4 board changes on record since 2006: 4 appointments. The latest: Ashwin Mohanlal Doshi was appointed as Director on 17 Mar 2006.
AGM
Zytex Biotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Zytex Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ashwin Mohanlal Doshi was appointed as Director.
Appointed
Dhansukh Mohanlal Doshi was appointed as Director.
Appointed
Jayraj Ashwin Doshi was appointed as Director.
Appointed
Rashesh Dhansukh Doshi was appointed as Director.
Incorporation
17 Mar 2006
Zytex Biotech Private Limited was registered on 17 Mar 2006 with Roc Mumbai & aged 20 years 7 months as per MCA records.
Frequently asked questions
Zytex Biotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial enzymes and biochemicals, within the chemicals and materials industry. It was incorporated on 17 March 2006 (20+ years old) and is registered under CIN U24230MH2006PTC160565.
Zytex Biotech has 4 current directors:
- Rashesh Dhansukh Doshi - Director
- Jayraj Ashwin Doshi - Director
- Dhansukh Mohanlal Doshi - Director
- Ashwin Mohanlal Doshi - Director
The latest financial statements of Zytex Biotech 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.
The GSTIN of Zytex Biotech is 27AAACZ2542F1ZG, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 22AAACZ2542F1ZQ (Chattisgarh), 23AAACZ2542F1ZO (Madhya Pradesh), 24AAACZ2542F1ZM (Gujarat).
The CIN (Corporate Identification Number) of Zytex Biotech is U24230MH2006PTC160565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zytex Biotech has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Zytex Biotech was incorporated on 17 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Zytex Biotech has 1 deal on record (1 acquisition); the latest was in September 2013.
The peers of Zytex Biotech by revenue are Anthem Cellutions ( India) Private Limited, Amylo Dex Private Limited, Lumis Biotech Private Limited, Amster Microcell Private Limited, Infinita Biotech Private Limited and 1 more, all in the Chemicals industry (Enzymes), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ashwin Mohanlal Doshi was appointed as Director on 17 Mar 2006. Dhansukh Mohanlal Doshi was appointed as Director on 17 Mar 2006. Jayraj Ashwin Doshi was appointed as Director on 17 Mar 2006. Zytex Biotech has 4 board changes on record in total.
Yes, Zytex Biotech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0018698).
Zytex Biotech has 3 MSME Form 1 returns on record between 2015 and 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.