Advance Pigments Private Limited

Advance Pigments Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2012PTC068589 Incorporated 13 January 2012 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹19.74 Cr
▼ 7% YoY
Net profit · FY 2025
₹22.27 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹1.06 Cr
EBITDA margin 5.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.5 Lakh
Issued & subscribed
Open charges
₹4.3 Cr
Satisfied ₹65 Lakh
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Advance Pigments Private Limited

Data last updated:

Advance Pigments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 13 January 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2012PTC068589. Its GSTIN is 24AAKCA1590N1ZE (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.5 Lakh. It is led by directors Manishaben Pravinkumar Chaube and Pravinkumar Chaubey Brahmdeo.

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 Shed No.C1 – 309/1 GIDC Estate Kerala Tal – Bavla, Ahmedabad, Gujarat, India – 382220.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.74 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹22.27 Lakh (net margin 1.1%) and EBITDA of ₹1.06 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.

The company is associated with 1 brand: Advance Pigments. As per MCA filings, the company has open charges of ₹4.3 Cr and satisfied charges of ₹65 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.

Advance Pigments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0026943). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancepigments.in.

Company details

CIN U24100GJ2012PTC068589
Registration Number 068589
Incorporation Date 13 January 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0026943
Key People
Manishaben Pravinkumar Chaube Director Pravinkumar Chaubey Brahmdeo Director

Recognitions & Rankings of Advance Pigments

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0026943

Contact details

Advance Pigments Private Limited's registered office is in Ahmedabad, Gujarat. Its website is advancepigments.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    advancepigments.in
  • Registered Address
    Shed No.C1 – 309/1 GIDC Estate Kerala Tal – Bavla, Ahmedabad, Gujarat, India – 382220
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Advance Pigments Private Limited, buy the company report.

Comprehensive company report
Advance Pigments 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
₹799 ₹999 20% off excluding 18% GST
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Brands

Advance Pigments operates one associated brand: Advance Pigments. Each brand links to its own profile.

BrandDescriptionWebsite
Advance Pigments
Manufacturing and exporting of masterbatches in the chemicals sector.advancepigments.in

Business activity

The main business activity of Advance Pigments is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

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

Financials of Advance Pigments Private Limited

FY 2024 filings available

Advance Pigments Private Limited reported revenue of ₹19.74 Cr (down 7% YoY) for FY 2025.

Revenue · FY 2025
₹19.74 Cr ▼ 7%
Net profit · FY 2025
₹22.27 Lakh margin 1.1%
EBITDA · FY 2025
₹1.06 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 11%
5 years · compounded
▲ 20%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 3% 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₹1.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.27 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 Margin5.4%
Net Profit Margin1.1%
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 Advance Pigments Private Limited, buy the company report.

Board of directors of Advance Pigments Private Limited

Advance Pigments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manishaben Pravinkumar ChaubeDirector01 Apr 20188 Years 7 MonthsCurrent
Pravinkumar Chaubey Brahmdeo
Also directs: Redivivus Pet India Private Limited
Director13 Jan 201214 Years 9 MonthsCurrent
View all directors

Peer comparison

Advance Pigments Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
J.J. Nitro Products Private Limited₹20.7 Cr (FY 2025)-7.0%Ahmedabad, Gujarat, India
Harsiddhi Organics Private Limited₹20.45 Cr (FY 2025)28.0%Vadodara, Gujarat, India
Apollo Ingredients India Private Limited₹20.45 Cr (FY 2024)-30.0%Thane, Maharashtra, India
Andes Colours Private Limited₹19.87 Cr (FY 2025)64.0%Ahmedabad, Gujarat, India
Advance Pigments Private Limitedthis company₹19.74 Cr (FY 2025)₹22.27 Lakh1.1%-7.0%Ahmedabad, Gujarat, India
SBL Colortech P Ltd₹19.47 Cr (FY 2025)70.0%Mumbai, Maharashtra, India
Tenora Chem Private Limited₹19.24 Cr (FY 2024)23.0%Navi Mumbai, Maharashtra, India

To see the full peer comparison of Advance Pigments Private Limited, buy the company report.

Auditor

Advance Pigments Private Limited is audited by A.O. AGRAWAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.O. AGRAWAL & CO.FY 2023119827W

Shareholding

The shareholding of Advance Pigments 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Advance Pigments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.3 Cr
Satisfied charges
₹65 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹4.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Sep 2020100368947Hdfc Bank Limited₹12.3 LakhOpen
09 Jan 2018100151473Hdfc Bank Limited₹4.18 CrOpen
23 Apr 201510574288Others₹40 LakhSatisfied
23 Apr 201510574290Oriental Bank of Commerce₹25 LakhSatisfied

To see the full charge records of Advance Pigments Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

Advance Pigments Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 25 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
Ashapura Minechem Ltd
Advance Addmine Private Limited
Monachem Additives Private Limited
Ami Pigments Private Limited
Sayan Greenochem Private Limited

To see the full MSME payment records of Advance Pigments Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Advance Pigments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA1590N1ZEGujaratActive01 Jul 2017

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

Recent activity

Advance Pigments Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Vikasbhai Vishamberdayal Garg ceased to be Director on 01 Jan 2019.

Charges
A charge with Hdfc Bank Limited of Rs. 417.50 Lakh registered on 09 Jan 2018 with Charge ID 100151473 was modified on 18 Jan 2025.
AGM
Advance Pigments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Advance Pigments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.30 Lakh with Charge ID 100368947 was registered on 02 Sep 2020.
Ceased
Vikasbhai Vishamberdayal Garg ceased to be Director.
Ceased
Manishaben Pravinkumar Chaube ceased to be Additional Director.
Appointed
Manishaben Pravinkumar Chaube was appointed as Director.
Charges
A charge registered on 23 Apr 2015 via Charge ID 10574288 with Others was fully satisfied on 03 Mar 2018.
Ceased
Mudit Gupta ceased to be Director.
Charges
A charge registered on 23 Apr 2015 via Charge ID 10574290 with Oriental Bank Of Commerce was fully satisfied on 23 Feb 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 417.50 Lakh with Charge ID 100151473 was registered on 09 Jan 2018.
Charges
A charge with Others of Rs. 40.00 Lakh registered on 23 Apr 2015 with Charge ID 10574288 was modified on 06 Sep 2017.

4 earlier events are in the company report.

Frequently asked questions

Advance Pigments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 13 January 2012 (14+ years old) and is registered under CIN U24100GJ2012PTC068589.

Advance Pigments has 2 current directors:

The latest financial statements of Advance Pigments 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 2015 are in the company report.

The GSTIN of Advance Pigments is 24AAKCA1590N1ZE, registered in Gujarat.

The CIN (Corporate Identification Number) of Advance Pigments is U24100GJ2012PTC068589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advance Pigments has 3 court cases on record: 3 filed by the company. 2 are pending.

Advance Pigments was incorporated on 13 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Advance Pigments by revenue are J.J. Nitro Products Private Limited, Harsiddhi Organics Private Limited, Apollo Ingredients India Private Limited, Andes Colours Private Limited, SBL Colortech P Ltd and 1 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Vikasbhai Vishamberdayal Garg ceased to be Director on 01 Jan 2019. Manishaben Pravinkumar Chaube ceased to be Additional Director on 28 Sep 2018. Manishaben Pravinkumar Chaube was appointed as Director on 01 Apr 2018. Advance Pigments has 5 board changes on record in total.

Yes, Advance Pigments is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0026943).

Advance Pigments has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 25 overdue payments to 10 micro and small suppliers. The latest return was filed on 31 Oct 2019.

Advance Pigments can be reached through the website advancepigments.in. Its registered office is in Ahmedabad, Gujarat, India.