Tarak Chemicals Limited

Founded in 1984 and headquartered in Gujarat, India.

1984 | Vadodara, Gujarat (India) | Active
Last Updated: January 04, 2025

Tarak Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 1.48 Cr
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.98 Cr
  • Satisfied Charges ₹ 10.98 Cr
  • Revenue Growth 14.43%
  • Profit Growth 40.30%
  • Ebitda 36.51%
  • Net Worth 14.65%
  • Total Assets 14.00%

About Tarak Chemicals

Tarak Chemicals Limited (TCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 September 1984 and has a history of 40 years and five months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Tarak Sulphur Chemicals Pvt Ltd. 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 6.50 Cr and a paid-up capital of Rs 1.48 Cr.

The company currently has active open charges totaling ₹5.98 Cr. The company has closed loans amounting to ₹10.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarak Patel, Atulbhai Patel, Patel Atul, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tarakchemicals.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ1984PLC151186

  • Company No.

    033942

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 1984

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Tarak Chemicals Limited offer?

Tarak Chemicals Limited offers a wide range of products and services, including Rubber & Rubber Products, Rubber Powder, Artificial & Decorative Candles, Candle Raw Material, Petroleum and Petrochemical Products, Bitumen.

Who are the key members and board of directors at Tarak Chemicals?

Executive Team (1)

NameDesignationAppointment DateStatus
Atulbhai Patel Country flag representing In Managing Director01-Apr-2003Current

Board Members (4)

NameDesignationAppointment DateStatus
Patel Atul Country flag representing In Director 19-Dec-2006Current
Tarak Patel Country flag representing In Whole-Time Director 01-Apr-2012Current
Sanjay Dholakia Country flag representing In Director 30-Sep-2008Current
Mahesh Joshi Country flag representing In Director 08-Sep-2009Current

Financial Performance of Tarak Chemicals.

Tarak Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.43% increase. The company also saw a substantial improvement in profitability, with a 40.3% increase in profit. The company's net worth Soared by an impressive increase of 14.65%.

Graph illustrating revenue growth over time
Graph showing 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
14.43%
Revenue from Operations
13.69%
Total Assets
14.00%
Profit or Loss
40.30%
Net Worth
14.65%
EBITDA
36.51%

What is the Ownership and Shareholding Structure of Tarak Chemicals?

In 2023, Tarak Chemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.98 Cr

Satisfied Charges

₹10.98 Cr

Charges Breakdown by Lending Institutions

  • Citibank N. A. : 4.55 Cr
  • Hdfc Bank Limited : 1.05 Cr
  • Yes Bank Limited : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jan 2024Hdfc Bank Limited₹1.05 CrOpen
10 Feb 2023Yes Bank Limited₹3.83 MOpen
20 Sep 2002Citibank N. A.₹4.55 CrOpen
06 Mar 2021Hdfc Bank Limited₹1.50 MSatisfied
24 Jun 2020Hdfc Bank Limited₹1.88 MSatisfied

How Many Employees Work at Tarak Chemicals?

Tarak Chemicals has a workforce of 104 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tarak Chemicals, 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 Tarak Chemicals'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 Tarak Chemicals

Recent activity within the organization

  • Annual General Meeting

    Tarak Chemicals Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

    22 Aug 2024

  • Balance Sheet

    Tarak Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 06 Mar 2021 via Charge ID 100450594 with Hdfc Bank Limited was fully satisfied on 09 Mar 2024.

    09 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.05 Cr with Charge ID 100839629 was registered on 01 Jan 2024.

    01 Jan 2024

  • Charges

    A charge registered on 24 Jun 2020 via Charge ID 100349094 with Hdfc Bank Limited was fully satisfied on 07 Jul 2023.

    07 Jul 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100682340 was registered on 10 Feb 2023.

    10 Feb 2023

Frequently asked questions

  • Tarak Chemicals Limited was incorporated on 05 Sep 1984.

  • The authorized share capital of Tarak Chemicals Limited is ₹ 6.50 Cr and paid-up capital is ₹ 1.48 Cr.

  • Currently 5 directors are associated with Tarak Chemicals Limited.

    • Tarak Atulbhai Patel
    • Atulbhai Haribhai Patel
    • Patel Alay Atul
    • Sanjay Dhananjay Dholakia
    • Mahesh Dhirajlal Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tarak Chemicals Limited is Mezzanine Floor Abs Tower Old Padra Road, India, Vadodara, Gujarat, 390007.

  • The corporate identification number (CIN) of Tarak Chemicals Limited is U24100GJ1984PLC151186 and the company number is 033942 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tarak Chemicals Limited is https://www.tarakchemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tarak Chemicals Limited has risen by 14.43%.

  • As Per 2023 financial reports, 104 employees are currently employed by Tarak Chemicals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tarak Chemicals Limited has experienced an upsurge of 14.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tarak Chemicals Limited amount to ₹ 5.98 Cr.

  • The most recent Balance Sheet for Tarak Chemicals Limited was filed with the ROC on 31 Mar 2024.

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