Neel Paints Private Limited

Neel Paints Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74994MH1977PTC019497 Incorporated 18 February 1977 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2025
₹3.49 Cr
▼ 3% YoY
Net profit · FY 2025
₹11.04 Lakh
Net margin 3.2%
EBITDA · FY 2025
₹17.22 Lakh
EBITDA margin 4.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.48 Lakh
Issued & subscribed
Company age
49 yrs
Est. 1977
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered

About Neel Paints Private Limited

Data last updated:

Neel Paints Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 18 February 1977 and has been in existence for over 49 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74994MH1977PTC019497. Its GSTIN is 27AAACN5936H1ZC (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.48 Lakh. It is led by directors including Suvarna Haribhau Deodhar and Shilpa Deodhar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 62 Diii Blockmidc Chinchwad, Pune, Maharashtra, India – 411004.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.49 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Lakh (net margin 3.2%) and EBITDA of ₹17.22 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.

Neel Paints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0118777). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74994MH1977PTC019497
Registration Number 019497
Incorporation Date 18 February 1977
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0118777

Recognitions & Rankings of Neel Paints

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0118777

Contact details

Neel Paints Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No 62 Diii Blockmidc Chinchwad, Pune, Maharashtra, India – 411004
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Neel Paints Private Limited, buy the company report.

Comprehensive company report
Neel Paints 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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Business activity

The main business activity of Neel Paints is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Neel Paints Private Limited, buy the company report.

Financials of Neel Paints Private Limited

FY 2025 filings available

Neel Paints Private Limited reported revenue of ₹3.49 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹3.49 Cr ▼ 3%
Net profit · FY 2025
₹11.04 Lakh margin 3.2%
EBITDA · FY 2025
₹17.22 Lakh margin 4.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▼ 10%
5 years · compounded
▲ 12%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 69% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹17.22 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.04 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.9%
Net Profit Margin3.2%
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 Neel Paints Private Limited, buy the company report.

Board of directors of Neel Paints Private Limited

Neel Paints has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suvarna Haribhau DeodharDirector14 Aug 200521 Years 2 MonthsCurrent
Shilpa DeodharDirector24 Feb 20233 Years 8 MonthsCurrent
Asmita DeodharDirector24 Feb 20233 Years 8 MonthsCurrent
Umesh Harishchandra DeodharDirector07 Oct 20179 Years 0 MonthsCurrent
Harshad Haribhau DeodharDirector07 Oct 20179 Years 0 MonthsCurrent

Auditor

Neel Paints Private Limited is audited by V D GOSAVI & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
V D GOSAVI & COFY 2019103339W

Shareholding

The shareholding of Neel Paints Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Neel Paints Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Neel Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Neel Paints has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACN5936H1ZCMaharashtraActive21 Jul 2017

To see the full GST registrations and return filing status of Neel Paints Private Limited, buy the company report.

Recent activity

Neel Paints Private Limited has 10 board changes on record since 2005: 5 appointments and 5 cessations. The latest: Asmita Deodhar ceased to be Additional Director on 29 Sep 2023.

AGM
Neel Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neel Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Asmita Deodhar ceased to be Additional Director.
Ceased
Shilpa Deodhar ceased to be Additional Director.
Appointed
Asmita Deodhar was appointed as Director.
Appointed
Shilpa Deodhar was appointed as Director.
Ceased
Haribhau Dinkar Deodhar ceased to be Director.
Ceased
Harshad Haribhau Deodhar ceased to be Additional Director.
Ceased
Umesh Harishchandra Deodhar ceased to be Additional Director.
Appointed
Harshad Haribhau Deodhar was appointed as Director.
Appointed
Umesh Harishchandra Deodhar was appointed as Director.
Appointed
Suvarna Haribhau Deodhar was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Neel Paints is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 18 February 1977 (49+ years old) and is registered under CIN U74994MH1977PTC019497.

Neel Paints has 5 current directors:

The latest financial statements of Neel Paints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Neel Paints is 27AAACN5936H1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Neel Paints is U74994MH1977PTC019497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neel Paints was incorporated on 18 February 1977, making it 49+ years old. It is registered with the Registrar of Companies, Pune.

Asmita Deodhar ceased to be Additional Director on 29 Sep 2023. Shilpa Deodhar ceased to be Additional Director on 29 Sep 2023. Asmita Deodhar was appointed as Director on 24 Feb 2023. Neel Paints has 10 board changes on record in total.

Yes, Neel Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0118777).

The registered office of Neel Paints is at Plot No 62 Diii Blockmidc Chinchwad, Pune, Maharashtra, India – 411004.

Neel Paints operates in the manufacturing industry, in the paint and coatings segment.