Picasso Exports Private Ltd

Picasso Exports Private Ltd - trading in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1987PTC028924 Incorporated 14 August 1987 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company trading MSME · Micro
Revenue · FY 2024
₹2.13 Cr
▲ 149% YoY
Net profit · FY 2024
₹1.1 Cr
Net margin 51.5%
EBITDA · FY 2024
₹1.67 Cr
EBITDA margin 78.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
39 yrs
Est. 1987
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered

About Picasso Exports Private Ltd

Data last updated:

Picasso Exports Private Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 14 August 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC028924. Its GSTIN is 09AABCP7610H1ZG (Uttar Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohd Iqbal Shamsi (Managing Director) and Humna Athar.

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 C – 518 F/F Defence Colony, New Delhi, Delhi, India – 110024.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.13 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 51.5%) and EBITDA of ₹1.67 Cr (EBITDA margin 78.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.

Picasso Exports Private Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0018580). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899DL1987PTC028924
Registration Number 028924
Incorporation Date 14 August 1987
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0018580
Key People
Mohd Iqbal Shamsi Managing Director Humna Athar Director Mohd Awwab Shamsi Director

Recognitions & Rankings of Picasso Exports

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0018580

Contact details

Picasso Exports Private Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 518 F/F Defence Colony, New Delhi, Delhi, India – 110024
  • Industry
    Trading, Wholesale, Other Wholesale

To see the full contact details of Picasso Exports Private Ltd, buy the company report.

Comprehensive company report
Picasso Exports Private Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Picasso Exports is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Picasso Exports Private Ltd, buy the company report.

Financials of Picasso Exports Private Ltd

FY 2025 filings available

Picasso Exports Private Ltd reported revenue of ₹2.13 Cr (up 149% YoY) for FY 2024.

Revenue · FY 2024
₹2.13 Cr ▲ 149%
Net profit · FY 2024
₹1.1 Cr margin 51.5%
EBITDA · FY 2024
₹1.67 Cr margin 78.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 149%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 452%
3 years · compounded
▲ 16%
5 years · compounded
▲ 113%

Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 149% growth in the latest year. EBITDA rose 452% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.1 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin78.1%
Net Profit Margin51.5%
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 Picasso Exports Private Ltd, buy the company report.

Board of directors of Picasso Exports Private Ltd

Picasso Exports has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Humna AtharDirector20 Jan 20179 Years 9 MonthsCurrent
Mohd Iqbal Shamsi
Also directs: Paramount Trading Corporation Private Limited, Moradabad Infrastructure Development Private Limited, Shama Electricals Private Limited
Managing Director09 Jan 200323 Years 10 MonthsCurrent
Mohd Awwab Shamsi
Also directs: Paramount Trading Corporation Private Limited, Shama Electricals Private Limited, Hawk Trading and Investment Company Private Limited
Director09 Jan 200323 Years 10 MonthsCurrent
Mohd Asad Shamsi
Also directs: Paramount Trading Corporation Private Limited, Moradabad Infrastructure Development Private Limited, Shama Electricals Private Limited
Director27 Nov 200025 Years 11 MonthsCurrent
Mohd Athar Shamsi
Also directs: Paramount Trading Corporation Private Limited, Shama Electricals Private Limited
Director09 Jan 200323 Years 10 MonthsCurrent
View all directors

Peer comparison

Picasso Exports Private Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mynah International Limited₹2.14 Cr (FY 2019)-74.0%Delhi, India
R. K. Infradeveloper Private Limited₹2.13 Cr (FY 2020)757.0%Madanganj Kishangarh, Rajasthan, India
K.G. Mirrox Private Limited₹2.13 Cr (FY 2025)-46.0%Hapur, Uttar Pradesh, India
Bestline Electronics India Private Limited₹2.13 Cr (FY 2025)244.0%Rohtak, Haryana, India
Erd Infotech Private Limited₹2.13 Cr (FY 2025)-46.0%Delhi, India
Picasso Exports Private Ltdthis company₹2.13 Cr (FY 2024)₹1.1 Cr51.5%149.0%New Delhi, Delhi, India
Hospicare Life Sciences Private Limited₹2.13 Cr (FY 2025)-19.0%Kanpur, Uttar Pradesh, India
Shree Jagdamba Forge & Fittings Private Limited₹2.13 Cr (FY 2016)-4.0%Mumbai, Maharashtra, India
MSP Coffee Private Limited₹2.13 Cr (FY 2024)-66.0%Yercaud, Tamil Nadu, India
Magtronic Devices Pvt Ltd₹2.13 Cr (FY 2024)-33.0%New Delhi, Delhi, India
Duha Overseas Private Limited₹2.13 Cr (FY 2024)Gmc, Assam, India

To see the full peer comparison of Picasso Exports Private Ltd, buy the company report.

Auditor

Picasso Exports Private Ltd is audited by O.P & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
O.P & ASSOCIATESFY 201707869C

Shareholding

The shareholding of Picasso Exports Private Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Picasso Exports Private Ltd, buy the company report.

MSME payment delays

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

GST

Picasso Exports has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AABCP7610H1ZGUttar PradeshActive08 Mar 2018

To see the full GST registrations and return filing status of Picasso Exports Private Ltd, buy the company report.

Recent activity

Picasso Exports Private Ltd has 5 board changes on record since 2000: 5 appointments. The latest: Humna Athar was appointed as Director on 20 Jan 2017.

AGM
Picasso Exports Private Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Picasso Exports Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Humna Athar was appointed as Director.
Appointed
Mohd Athar Shamsi was appointed as Director.
Appointed
Mohd Awwab Shamsi was appointed as Director.
Appointed
Mohd Iqbal Shamsi was appointed as Managing Director.
Appointed
Mohd Asad Shamsi was appointed as Director.
Incorporation
14 Aug 1987
Picasso Exports Private Ltd was registered on 14 Aug 1987 with Roc Delhi & aged 39 years 3 months as per MCA records.

Frequently asked questions

Picasso Exports is an active private limited company based in New Delhi, Delhi, India. The company works in wholesale, within the trading industry. It was incorporated on 14 August 1987 (39+ years old) and is registered under CIN U74899DL1987PTC028924.

Picasso Exports has 5 current directors:

The latest financial statements of Picasso Exports 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 Picasso Exports is 09AABCP7610H1ZG, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Picasso Exports is U74899DL1987PTC028924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Picasso Exports was incorporated on 14 August 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Picasso Exports by revenue are Mynah International Limited, R. K. Infradeveloper Private Limited, K.G. Mirrox Private Limited, Bestline Electronics India Private Limited, Erd Infotech Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Humna Athar was appointed as Director on 20 Jan 2017. Mohd Athar Shamsi was appointed as Director on 09 Jan 2003. Mohd Awwab Shamsi was appointed as Director on 09 Jan 2003. Picasso Exports has 5 board changes on record in total.

Yes, Picasso Exports is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0018580).

The registered office of Picasso Exports is at C – 518 FF Defence Colony, New Delhi, Delhi, India – 110024.

Picasso Exports operates in the trading industry, in the wholesale segment.