About Thinlac Paints India Pvt. Ltd.
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Thinlac Paints India Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24222WB1994PTC063560. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹13.52 Lakh. It is led by directors including Aditya Passary and Suresh Kumar Passary.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Chandni Chowk St, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.99 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹71,627 (net margin 14.3%) and EBITDA of ₹84,866 (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 93% 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 pasaripaints.com.
Company details
Contact details
Thinlac Paints India Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its website is pasaripaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Chandni Chowk St, Kolkata, West Bengal, India – 700072
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Thinlac Paints India Pvt. Ltd., 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
Financials of Thinlac Paints India Pvt. Ltd.
FY 2025 filings availableThinlac Paints India Pvt. Ltd. reported revenue of ₹4.99 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 93%. EBITDA fell 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹84,866 | ||||
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| Net Profit (PAT) | ₹71,627 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 14.3% | ||||
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To see the full financial statements and ratios of Thinlac Paints India Pvt. Ltd., buy the company report.
Board of directors of Thinlac Paints India Pvt. Ltd.
Thinlac Paints India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Passary Also directs: Passary Mercantile Pvt Ltd, Passary Finance & Investments Pvt Ltd | Director | 31 Mar 2012 | 14 Years 6 Months | Current |
| Suresh Kumar Passary Also directs: Passary Mercantile Pvt Ltd, Passary Finance & Investments Pvt Ltd | Director | 14 Jun 1994 | 32 Years 4 Months | Current |
| Sandhya Passary Also directs: Passary Mercantile Pvt Ltd, Passary Finance & Investments Pvt Ltd | Director | 14 Jun 1994 | 32 Years 4 Months | Current |
Peer comparison
Thinlac Paints India Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services, Paints), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Upvest Technologies Private Limited | ₹5 Lakh (FY 2025) | Warangal, Telangana, India | ||||
| Hempoint Financial Services Private Limited | ₹5 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Faith Suppliers Private Limited | ₹5 Lakh (FY 2025) | 82272.0% | Kolkata, West Bengal, India | |||
| VSG Capital Advisors Private Limited | ₹5 Lakh (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Goodluck Finance and Holding Private Limited | ₹5 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Thinlac Paints India Pvt. Ltd.this company | ₹4.99 Lakh (FY 2025) | ₹71,627 | 14.3% | -2.0% | Kolkata, West Bengal, India | |
| Mellwood Trustee Services Private Limited | ₹4.98 Lakh (FY 2025) | 50.0% | Bangalore, Karnataka, India | |||
| Bhabishya Rice Mill Limited | ₹4.98 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Jai Gopal Investment and Trading Co. Private Limited | ₹4.97 Lakh (FY 2025) | 292406.0% | New Delhi, Delhi, India | |||
| Bharat Chemicals & Allied Industries Pvt Ltd | ₹4.97 Lakh (FY 2024) | -19.0% | Bhopal, Madhya Pradesh, India | |||
| Bihariji Manu Facturers Pvt Ltd | ₹4.95 Lakh (FY 2025) | 5.0% | Delhi, India |
To see the full peer comparison of Thinlac Paints India Pvt. Ltd., buy the company report.
Auditor
Thinlac Paints India Pvt. Ltd. is audited by SARAF & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAF & CO | FY 2017 | 312045E |
Shareholding
The shareholding of Thinlac Paints India Pvt. 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thinlac Paints India Pvt. Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Thinlac Paints India Pvt. Ltd. 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 Thinlac Paints India Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thinlac Paints India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Thinlac Paints India Pvt. Ltd., buy the company report.
Recent activity
Thinlac Paints India Pvt. Ltd. has 3 board changes on record since 1994: 3 appointments. The latest: Aditya Passary was appointed as Director on 31 Mar 2012.
Frequently asked questions
Thinlac Paints India is an active private limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 June 1994 (32+ years old) and is registered under CIN U24222WB1994PTC063560.
Thinlac Paints India has 3 current directors:
- Aditya Passary - Director
- Suresh Kumar Passary - Director
- Sandhya Passary - Director
The latest financial statements of Thinlac Paints India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
No. Thinlac Paints India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Thinlac Paints India is U24222WB1994PTC063560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thinlac Paints India was incorporated on 14 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Thinlac Paints India by revenue are Upvest Technologies Private Limited, Hempoint Financial Services Private Limited, Faith Suppliers Private Limited, VSG Capital Advisors Private Limited, Goodluck Finance and Holding Private Limited and 5 more, all in the BFSI industry (Other Financial Services, Paints).
Aditya Passary was appointed as Director on 31 Mar 2012. Sandhya Passary was appointed as Director on 14 Jun 1994. Suresh Kumar Passary was appointed as Director on 14 Jun 1994.
Thinlac Paints India can be reached through the website pasaripaints.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Thinlac Paints India is at 1 Chandni Chowk St, Kolkata, West Bengal, India – 700072.
Thinlac Paints India operates in the financial services industry, in the diversified financial services segment.