MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0091088
Almega Coatings Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹109.13 Cr
▲ 44% YoY
Net profit · FY 2025
₹2.14 Cr
Net margin 2%
EBITDA · FY 2025
₹7.15 Cr
EBITDA margin 6.6%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹9.5 Cr
Issued & subscribed
Open charges
₹35.21 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Almega Coatings Private Limited
Data last updated:
Almega Coatings Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Almega Paints Private Limited. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 10 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2019PTC334240. Its GSTIN is 27AATCA0358F1ZK (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.5 Cr. It is led by directors including Himanshu Narendra Kanabar and Harsh Dilip Kanabar.
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 A907 O2 Commercial Premises Asha Nagar Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.13 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.14 Cr (net margin 2%) and EBITDA of ₹7.15 Cr (EBITDA margin 6.6%).
As per MCA filings, the company has open charges of ₹35.21 Cr on record.
Almega Coatings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0091088). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website almegapaints.com.
Company details
CIN U24299MH2019PTC334240
Registration Number 334240
Incorporation Date 10 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Almega Paints Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0091088
Key People
Himanshu Narendra Kanabar Director Harsh Dilip Kanabar Director Bijon Ashok Kanabar Director Recognitions & Rankings of Almega Coatings
Contact details
Almega Coatings Private Limited's registered office is in Mumbai, Maharashtra. Its website is almegapaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA907 O2 Commercial Premises Asha Nagar Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Almega Coatings Private Limited, buy the company report.
Comprehensive company report
Almega Coatings 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 Almega Coatings is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Almega Coatings Private Limited, buy the company report.
Financials of Almega Coatings Private Limited
FY 2025 filings availableAlmega Coatings Private Limited reported revenue of ₹109.13 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹109.13 Cr ▲ 44%
Net profit · FY 2025
₹2.14 Cr margin 2%
EBITDA · FY 2025
₹7.15 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 785%
5 years · compounded
▲ 338%
Revenue rose 44% in the latest year. EBITDA rose 101% 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 |
|---|---|---|---|---|---|
| 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 | ₹7.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.14 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 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 Almega Coatings Private Limited, buy the company report.
Board of directors of Almega Coatings Private Limited
Almega Coatings has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Narendra Kanabar Also directs: Almega Surface Coats LLP, Prithvi Mining & Infra LLP, Dolomite Ore (India) Private Limited and 5 more | Director | 10 Dec 2019 | 6 Years 11 Months | Current |
| Harsh Dilip Kanabar Also directs: Almega Surface Coats LLP, Almega Paints Private Limited, Megdhanush Marketing Pvt.Ltd. and 1 more | Director | 10 Dec 2019 | 6 Years 11 Months | Current |
| Bijon Ashok Kanabar Also directs: Almega Surface Coats LLP, Prithvi Mining & Infra LLP, Murlidhar Coats Private Limited and 3 more | Director | 10 Dec 2019 | 6 Years 11 Months | Current |
Peer comparison
Almega Coatings Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BJN Paints India Limited | ₹115.47 Cr (FY 2017) | -4.0% | Kolkata, West Bengal, India | |||
| Chemplast Products Private Limited | ₹112 Cr (FY 2025) | 40.0% | Raipur, Chhattisgarh, India | |||
| Weilburger Coatings (India) Private Limited | ₹110.82 Cr (FY 2025) | 12.0% | Howrah, West Bengal, India | |||
| Almega Coatings Private Limitedthis company | ₹109.13 Cr (FY 2025) | ₹2.14 Cr | 2% | 44.0% | Mumbai, Maharashtra, India | |
| Aks Expo-Chem Private Limited | ₹102.81 Cr (FY 2025) | -17.0% | New Delhi, Delhi, India | |||
| Virgo Paints Private Limited | ₹102.09 Cr (FY 2025) | -12.0% | Chennai, Tamil Nadu, India | |||
| Global Colours and Chemicals Limited | ₹99.4 Cr (FY 2025) | 25.0% | Palghar, Maharashtra, India | |||
| Akross Synthetics Pvt Ltd | ₹96.06 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Almega Coatings Private Limited, buy the company report.
Auditor
Almega Coatings Private Limited is audited by S.S. RATHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. RATHI & CO | FY 2023 | 108726W |
Shareholding
The shareholding of Almega Coatings Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Almega Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100552645 | Others | ₹35.21 Cr | Open |
To see the full charge records of Almega Coatings Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Almega Coatings 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 Almega Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Almega Coatings has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA0358F1ZK | Maharashtra | Active | 27 Dec 2021 |
| 18AATCA0358F1ZJ | Assam | Active | 23 Nov 2021 |
| 24AATCA0358F1ZQ | Gujarat | Active | 21 Feb 2024 |
To see the full GST registrations and return filing status of Almega Coatings Private Limited, buy the company report.
Recent activity
Almega Coatings Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Ashok Kanabar Ratansinh ceased to be Director on 03 Dec 2021.
AGM
Almega Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Almega Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 35.21 Cr registered on 15 Mar 2022 with Charge ID 100552645 was modified on 10 Feb 2025.
Charges
A charge with Others amounted to Rs. 35.21 Cr with Charge ID 100552645 was registered on 15 Mar 2022.
Ceased
Ashok Kanabar Ratansinh ceased to be Director.
Ceased
Dilip Kanabar Ratansinh ceased to be Director.
Ceased
Narendra Ratansinh Kanabar ceased to be Director.
Appointed
Bijon Ashok Kanabar was appointed as Director.
Appointed
Harsh Dilip Kanabar was appointed as Director.
Appointed
Himanshu Narendra Kanabar was appointed as Director.
Incorporation
10 Dec 2019
Almega Coatings Private Limited was registered on 10 Dec 2019 with Roc Mumbai I & aged 6 years 11 months as per MCA records.
Frequently asked questions
Almega Coatings is an active private limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 10 December 2019 (7+ years old) and is registered under CIN U24299MH2019PTC334240.
Almega Coatings has 3 current directors:
- Himanshu Narendra Kanabar - Director
- Harsh Dilip Kanabar - Director
- Bijon Ashok Kanabar - Director
The latest financial statements of Almega Coatings 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 FY 2020 are in the company report.
The GSTIN of Almega Coatings is 27AATCA0358F1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 18AATCA0358F1ZJ (Assam), 24AATCA0358F1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Almega Coatings is U24299MH2019PTC334240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Almega Coatings was incorporated on 10 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Almega Coatings by revenue are BJN Paints India Limited, Chemplast Products Private Limited, Weilburger Coatings (India) Private Limited, Aks Expo-Chem Private Limited, Virgo Paints Private Limited and 2 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ashok Kanabar Ratansinh ceased to be Director on 03 Dec 2021. Dilip Kanabar Ratansinh ceased to be Director on 03 Dec 2021. Narendra Ratansinh Kanabar ceased to be Director on 03 Dec 2021. Almega Coatings has 6 board changes on record in total.
Yes, Almega Coatings is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0091088).
Almega Coatings can be reached through the website almegapaints.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Almega Coatings is at A907 O2 Commercial Premises Asha Nagar Mulund West, Mumbai, Maharashtra, India – 400080.
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