About Adiba Paints Private Limited
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Adiba Paints Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 03 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U24220TZ2016PTC022358. Its GSTIN is 33AAOCA2568G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Shahulhameed Gulamdastagir and Aameenabi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 31/2 Dastagir Street Azath Nagar Dharma Nagar Suramangalam, Salem, Tamil Nadu, India – 636005.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.98 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹66,344 (net margin -6%) and EBITDA of -₹5,024 (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adibapaints.com.
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- Website
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- Registered Address31/2 Dastagir Street Azath Nagar Dharma Nagar Suramangalam, Salem, Tamil Nadu, India – 636005
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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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Business Activity of Adiba Paints Private Limited
The main business activity of Adiba Paints is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Adiba Paints Private Limited FY 2023 filings available
Adiba Paints Private Limited reported revenue of ₹10.98 Lakh (down 65% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Adiba Paints Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 65% fall in the latest year. EBITDA fell 108% 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 Adiba Paints Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.98 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5,024 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66,344 | •••• | •••• | •••• | •••• |
| 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 Adiba Paints Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 Adiba Paints are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Adiba Paints Private Limited
Adiba Paints has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahulhameed Gulamdastagir | Director | 03 Mar 2016 | 10 Years 7 Months | Current |
| Aameenabi | Director | 03 Mar 2016 | 10 Years 7 Months | Current |
Peer Comparison of Adiba Paints Private Limited
Adiba Paints Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Paints). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ivax Flow Control Systems Private Limited | ₹11.03 Lakh (FY 2017) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Sattva Conchem Systems Private Limited | ₹11.03 Lakh (FY 2025) | •••• | •••• | 450.0% | •••• | Ahmedabad, Gujarat, India |
| Polypet Trading Private Limited | ₹11.01 Lakh (FY 2018) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Ars Paints Private Limited | ₹11.01 Lakh (FY 2025) | •••• | •••• | •••• | Panruti, Tamil Nadu, India | |
| Fuelosity Lubricants Private Limited | ₹11 Lakh (FY 2024) | •••• | •••• | 119.0% | •••• | Allahabad, Uttar Pradesh, India |
| Adiba Paints Private Limited this company | ₹10.98 Lakh (FY 2023) | •••• | •••• | -65.0% | •••• | Salem, Tamil Nadu, India |
| Natraj Electronics & Alloys Private Limited | ₹10.97 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Delhi, India |
| Bauria Chemical Industries Pvt Ltd | ₹10.95 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Kolkata, West Bengal, India |
| Shipra Power and Fuel Private Limited | ₹10.95 Lakh (FY 2020) | •••• | •••• | -80.0% | •••• | New Delhi, Delhi, India |
| Prahar Chemicals (OPC) Private Limited | ₹10.92 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | Ernakulam, Kerala, India |
| Rajyogi Care Solutions Private Limited | ₹10.9 Lakh (FY 2021) | •••• | •••• | -85.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Adiba Paints by revenue in the Chemicals industry (Chemical Retail and Distribution, Paints), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Adiba Paints Private Limited
Adiba Paints Private Limited is audited by V.S.VENKAT PATI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.S.VENKAT PATI | 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.
Ownership and Shareholding of Adiba Paints 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 Adiba Paints Private Limited
Adiba Paints Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Adiba Paints Private Limited
Employment history and EPFO contributions of people linked to Adiba Paints.
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.
Recent Activity on Adiba Paints Private Limited
Adiba Paints Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Aameenabi was appointed as Director on 03 Mar 2016.
Credit Ratings, Litigation & Regulatory Alerts for Adiba Paints 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.
MSME Payment Delays by Adiba Paints Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adiba Paints 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 Adiba Paints Private Limited
Adiba Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCA2568G1ZM | Tamil Nadu | 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 Adiba Paints 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 Adiba Paints Private Limited
Adiba Paints is an active private limited company based in Salem, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 03 March 2016 (10+ years old) and is registered under CIN U24220TZ2016PTC022358.
Adiba Paints reported revenue of ₹10.98 Lakh for FY 2023 (down 65% YoY).
Adiba Paints has 2 current directors:
- Shahulhameed Gulamdastagir - Director
- Aameenabi - Director
Adiba Paints reported a net loss of ₹66,344 (net margin -6%) and EBITDA of -₹5,024 (EBITDA margin -0.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adiba Paints is -63% over three years and -51% over five years. In the latest year (FY 2023) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adiba Paints is 33AAOCA2568G1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Adiba Paints is U24220TZ2016PTC022358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adiba Paints was incorporated on 03 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Adiba Paints by revenue are Ivax Flow Control Systems Private Limited, Sattva Conchem Systems Private Limited, Polypet Trading Private Limited, Ars Paints Private Limited, Fuelosity Lubricants Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution, Paints).
Aameenabi was appointed as Director on 03 Mar 2016. Shahulhameed Gulamdastagir was appointed as Director on 03 Mar 2016.
Adiba Paints can be reached through the website adibapaints.com. Its registered office is in Salem, Tamil Nadu, India.