Gem Aromatics Limited

Produces and sells essential oils, aroma chemicals, and specialized ingredients.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Gem Aromatics Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.37 Cr
  • Company Age 27 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 247.48 Cr
  • Satisfied Charges ₹ 149.05 Cr
  • Revenue Growth 35.77%
  • Profit Growth 28.03%
  • Ebitda 22.60%
  • Net Worth 28.82%
  • Total Assets 22.23%

About Gem Aromatics

Gem Aromatics Limited (GAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 October 1997 and has a history of 27 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 9.37 Cr.

The company currently has active open charges totaling ₹247.48 Cr. The company has closed loans amounting to ₹149.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gem Aromatics Limited India are Pooja Bhandari as Company Secretary, Kaksha Parekh as Cfo, and Yash Parekh as Ceo. Vishakha Bhagvat, Shubhangi Umbarkar, Parag Gogate, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24246MH1997PLC111057

  • Company No.

    111057

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1997

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Gem Aromatics Limited offer?

Gem Aromatics Limited offers a wide range of products and services, including Essential & Aromatic Oils, Menthol, Seeds Oil and Fruit Oils.

Who are the key members and board of directors at Gem Aromatics?

Executive Team (4)

NameDesignationAppointment DateStatus
Yash Parekh Country flag representing In Managing Director29-Apr-2011Current
Pooja Bhandari Company Secretary03-Aug-2024Current
Kaksha Parekh CFOCurrent
Yash Parekh CEOCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Vishakha Bhagvat Country flag representing In Director Current
Shubhangi Umbarkar Country flag representing In Director Current
Parag Gogate Country flag representing In Director Current
Ajay Sahai Country flag representing In Director Current
Vipul Parekh Country flag representing In Whole-Time Director 27-Oct-1997Current
Shrenik Vora Country flag representing In Director Current

Financial Performance of Gem Aromatics.

Gem Aromatics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.77% increase. The company also saw a substantial improvement in profitability, with a 28.03% increase in profit. The company's net worth Soared by an impressive increase of 28.82%.

Gem Aromatics revenue growth over time
Gem Aromatics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
35.77%
Revenue from Operations
36.85%
Total Assets
22.23%
Profit or Loss
28.03%
Net Worth
28.82%
EBITDA
22.60%

What is the Ownership and Shareholding Structure of Gem Aromatics?

In 2022, Gem Aromatics had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹247.48 Cr

Satisfied Charges

₹149.05 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 134.30 Cr
  • Hdfc Bank Limited : 40.18 Cr
  • Others : 40.00 Cr
  • Citi Bank N.A. : 33.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2023Others₹20.00 CrOpen
29 Sep 2023Axis Bank Limited₹68.30 CrOpen
30 Oct 2022Hdfc Bank Limited₹40.00 CrOpen
20 Sep 2022Hdfc Bank Limited₹1.80 MOpen
03 Sep 2020Others₹20.00 CrOpen

How Many Employees Work at Gem Aromatics?

Gem Aromatics has a workforce of 186 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Gem Aromatics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gem Aromatics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gem Aromatics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gem Aromatics

Recent activity within the organization

  • Annual General Meeting

    Gem Aromatics Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

  • Director Appointment

    Pooja Padam Bhandari was appointed as a Company Secretary was appointed as a Company Secretary on 03 Aug 2024 & has been associated with this company since 7 months 25 days .

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 18 Oct 2023 with Charge ID 100810638 was modified on 30 Jul 2024.

  • Balance Sheet

    Gem Aromatics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 03 Sep 2020 with Charge ID 100369624 was modified on 20 Feb 2024.

  • Charges

    A charge registered on 26 Jul 2018 via Charge ID 100224553 with Standard Chartered Bank was fully satisfied on 12 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Gem Aromatics Limited?

    Gem Aromatics Limited was incorporated on 03 Oct 1997.

  • What is authorized share capital and paid-up capital of Gem Aromatics Limited?

    The authorized share capital of Gem Aromatics Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.37 Cr.

  • Who are the current board members & directors of Gem Aromatics Limited?

    Currently 11 directors are associated with Gem Aromatics Limited.

    • Pooja Padam Bhandari
    • Kaksha Vipul Parekh
    • Vishakha Hari Bhagvat
    • Shubhangi Bhalchandra Umbarkar
    • Parag Ratnakar Gogate
    • Ajay Sahai
    • Yash Vipul Parekh
    • Vipul Nathalal Parekh
    • Shrenik Kishorbhai Vora
    • Yash Parekh
    • Kaksha Vipul Parekh

  • What is the registered address of Gem Aromatics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gem Aromatics Limited is A/410 Kailas Complex Vikhroli Powai Link Road Park Site Vik Hroli (W), India, Mumbai, Maharashtra, 400079.

  • What is the corporate identification number (CIN) and company number of Gem Aromatics Limited?

    The corporate identification number (CIN) of Gem Aromatics Limited is U24246MH1997PLC111057 and the company number is 111057 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gem Aromatics Limited?

    The Official website of Gem Aromatics Limited is https://www.gemaromatics.com

  • What has been the recent revenue trend for Gem Aromatics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gem Aromatics Limited has risen by 35.77%.

  • How many employees does Gem Aromatics Limited currently have?

    As Per 2023 financial reports, 186 employees are currently employed by Gem Aromatics Limited.

  • What change has been observed in the net worth of Gem Aromatics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gem Aromatics Limited has experienced an upsurge of 28.82%.

  • What are the total open charges for Gem Aromatics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gem Aromatics Limited amount to ₹ 247.48 Cr.

  • When was the last Balance Sheet of Gem Aromatics Limited filed with the ROC?

    The most recent Balance Sheet for Gem Aromatics Limited was filed with the ROC on 31 Mar 2024.

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