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.
Company details
Contact details
Adiba Paints Private Limited's registered office is in Salem, Tamil Nadu. Its website is adibapaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address31/2 Dastagir Street Azath Nagar Dharma Nagar Suramangalam, Salem, Tamil Nadu, India – 636005
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Adiba 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 Adiba Paints is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Adiba Paints Private Limited, buy the company report.
Financials of Adiba Paints Private Limited
FY 2023 filings availableAdiba Paints Private Limited reported revenue of ₹10.98 Lakh (down 65% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||||
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| EBITDA | -₹5,024 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹66,344 | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Adiba Paints Private Limited, buy the company report.
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 8 Months | Current |
| Aameenabi | Director | 03 Mar 2016 | 10 Years 8 Months | Current |
Auditor
Adiba Paints Private Limited is audited by V.S.VENKAT PATI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S.VENKAT PATI | FY 2023 | 026653 |
Shareholding
The shareholding of Adiba Paints Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adiba Paints Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adiba 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 Adiba Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adiba Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCA2568G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adiba Paints Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Shahulhameed Gulamdastagir - Director
- Aameenabi - Director
The latest financial statements of Adiba Paints on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
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.
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.
The registered office of Adiba Paints is at 312 Dastagir Street Azath Nagar Dharma Nagar Suramangalam, Salem, Tamil Nadu, India – 636005.
Adiba Paints operates in the chemicals and materials industry, in the chemical distribution and retail segment.
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