About Ayka Paints Private Limited
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Ayka Paints Private Limited is a private limited company based in Haridwar, Uttarakhand, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 21 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U36999UR2017PTC008337. Its GSTIN is 05AAQCA3528E1ZT (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹92 Lakh and a paid-up capital of ₹91.84 Lakh. It is led by directors Jatin Arora and Sachin Mehendiratta.
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 Uindo E – 16 Industrial Area, Haridwar, Uttarakhand, India – 249401.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.05 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹71.71 Lakh (net margin -132.7%) and EBITDA of -₹69.5 Lakh (EBITDA margin -128.6%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 41% 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 aykapaints.com.
Company details
Contact details
Ayka Paints Private Limited's registered office is in Haridwar, Uttarakhand. Its website is aykapaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUindo E – 16 Industrial Area, Haridwar, Uttarakhand, India – 249401
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Ayka Paints 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
Business activity
The main business activity of Ayka Paints is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ayka Paints Private Limited, buy the company report.
Financials of Ayka Paints Private Limited
FY 2024 filings availableAyka Paints Private Limited reported revenue of ₹54.05 Lakh (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 61% fall in the latest year. EBITDA fell 103% 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 |
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| EBITDA | -₹69.5 Lakh | ||||
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| Net Profit (PAT) | -₹71.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -128.6% | ||||
| Net Profit Margin | -132.7% | ||||
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To see the full financial statements and ratios of Ayka Paints Private Limited, buy the company report.
Board of directors of Ayka Paints Private Limited
Ayka Paints has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Arora | Director | 01 Sep 2020 | 6 Years 2 Months | Current |
| Sachin Mehendiratta | Director | 21 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Ayka Paints Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dalsun Paints Private Limited | ₹56.92 Lakh (FY 2022) | -13.0% | Jalandhar, Punjab, India | |||
| Welbro Paints Private Limited | ₹55.84 Lakh (FY 2023) | -18.0% | Coimbatore, Tamil Nadu, India | |||
| Ayka Paints Private Limitedthis company | ₹54.05 Lakh (FY 2024) | -₹71.71 Lakh | -132.7% | -61.0% | Haridwar, Uttarakhand, India | |
| Quantrad Toa Links Private Limited | ₹53.94 Lakh (FY 2022) | -43.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ayka Paints Private Limited, buy the company report.
Auditor
Ayka Paints Private Limited is audited by ANSHUL S AGARWAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANSHUL S AGARWAL & CO | FY 2020 | 017714C |
Shareholding
The shareholding of Ayka Paints Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ayka Paints Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ayka Paints Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ayka Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ayka Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAQCA3528E1ZT | Uttarakhand | Active | 01 Apr 2018 |
To see the full GST registrations and return filing status of Ayka Paints Private Limited, buy the company report.
Recent activity
Ayka Paints Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Meenu Mehendiratta ceased to be Director on 31 Aug 2021.
Frequently asked questions
Ayka Paints is an active private limited company based in Haridwar, Uttarakhand, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 21 December 2017 (9+ years old) and is registered under CIN U36999UR2017PTC008337.
Ayka Paints has 2 current directors:
- Jatin Arora - Director
- Sachin Mehendiratta - Director
The latest financial statements of Ayka Paints 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 FY 2018 are in the company report.
The GSTIN of Ayka Paints is 05AAQCA3528E1ZT, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ayka Paints is U36999UR2017PTC008337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayka Paints was incorporated on 21 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Ayka Paints by revenue are Dalsun Paints Private Limited, Welbro Paints Private Limited, Quantrad Toa Links Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (wholesale trading).
Meenu Mehendiratta ceased to be Director on 31 Aug 2021. Jatin Arora ceased to be Additional Director on 31 Dec 2020. Jatin Arora was appointed as Director on 01 Sep 2020. Ayka Paints has 4 board changes on record in total.
Ayka Paints can be reached through the website aykapaints.com. Its registered office is in Haridwar, Uttarakhand, India.
The registered office of Ayka Paints is at Uindo E – 16 Industrial Area, Haridwar, Uttarakhand, India – 249401.
Ayka Paints operates in the manufacturing industry, in the paint and coatings segment.
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