MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0123392
Almega Paints Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹134.97 Cr
▲ 38% YoY
Net profit · FY 2025
₹2.63 Cr
Net margin 2%
EBITDA · FY 2025
₹12.84 Cr
EBITDA margin 9.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹104.75 Cr
Satisfied ₹41.4 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
62
Provident fund records
About Almega Paints Private Limited
Data last updated:
Almega Paints Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of R R Paint Private Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 02 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH2008PTC183058. Its GSTIN is 27AAHCA3698N3ZW (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 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 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.97 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Cr (net margin 2%) and EBITDA of ₹12.84 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 47% over five years.
The company has about 62 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Almega Paints. As per MCA filings, the company has open charges of ₹104.75 Cr and satisfied charges of ₹41.4 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.22 Cr; the latest was in March 2011. Its 7 peer companies in the Manufacturing industry (Industrial Chemicals, Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Ahir Salt and Allied Products Private Limited with revenue of ₹139.55 Cr.
Almega Paints Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0123392). 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.in.
Company details
CIN U24220MH2008PTC183058
Registration Number 183058
Incorporation Date 02 June 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company R R Paint Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0123392
Key People
Himanshu Narendra Kanabar Director Harsh Dilip Kanabar Director Narendra Ratansinh Kanabar Director Recognitions & Rankings of Almega Paints
Contact details
Almega Paints Private Limited's registered office is in Mumbai, Maharashtra. Its website is almegapaints.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 907 02 Commercial Bldg Plot No. 23 – 24 Near Minerva Industrial Estate Mulund W, Est, Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Almega Paints Private Limited, buy the company report.
Comprehensive company report
Almega Paints 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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Brands
Almega Paints operates one associated brand: Almega Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paint manufacturing, including water-based and solvent-based varieties, is carried out in West Bengal. | almegapaints.in |
Business activity
The main business activity of Almega Paints 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 Paints Private Limited, buy the company report.
Financials of Almega Paints Private Limited
FY 2024 filings availableAlmega Paints Private Limited reported revenue of ₹134.97 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹134.97 Cr ▲ 38%
Net profit · FY 2025
₹2.63 Cr margin 2%
EBITDA · FY 2025
₹12.84 Cr margin 9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 83%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 84%
3 years · compounded
▲ 44%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 38% growth in the latest year. EBITDA rose 84% 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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| Total Expenses | |||||
| EBITDA | ₹12.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.63 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Almega Paints Private Limited, buy the company report.
Board of directors of Almega Paints Private Limited
Almega Paints has 6 current directors and 4 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, R R Paint Private Limited, Prithvi Mining & Infra LLP and 5 more | Director | 02 Jun 2008 | 18 Years 4 Months | Current |
| Harsh Dilip Kanabar Also directs: Almega Surface Coats LLP, Almega Coatings Private Limited, Megdhanush Marketing Pvt.Ltd. and 1 more | Director | 07 May 2015 | 11 Years 5 Months | Current |
| Narendra Ratansinh Kanabar Also directs: Almega Surface Coats LLP, R R Paint Private Limited | Director | 16 Jan 2010 | 16 Years 9 Months | Current |
| Dilip Kanabar Ratansinh Also directs: R R Paint Private Limited | Director | 16 Jan 2010 | 16 Years 9 Months | Current |
| Ashok Kanabar Ratansinh Also directs: R R Paint Private Limited | Director | 02 Jun 2008 | 18 Years 4 Months | Current |
| Bijon Ashok Kanabar Also directs: Almega Surface Coats LLP, Prithvi Mining & Infra LLP, Murlidhar Coats Private Limited and 3 more | Director | 07 May 2015 | 11 Years 5 Months | Current |
Peer comparison
Almega Paints Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Industrial Chemicals, 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 |
|---|---|---|---|---|---|---|
| Ahir Salt and Allied Products Private Limited | ₹139.55 Cr (FY 2025) | 11.0% | Gandhidham, Gujarat, India | |||
| First Orgacon Private Limited | ₹138.83 Cr (FY 2023) | -95.0% | Mumbai, Maharashtra, India | |||
| Balaji Chem Solutions Private Limited | ₹138.22 Cr (FY 2025) | 20.0% | Sangrur, Punjab, India | |||
| Amal Limited | ₹135.84 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Almega Paints Private Limitedthis company | ₹134.97 Cr (FY 2025) | ₹2.63 Cr | 2% | 38.0% | 62 | Mumbai, Maharashtra, India |
| Automark Technologies (India ) Private Limited | ₹133.64 Cr (FY 2021) | 11.0% | Yavatmal, Maharashtra, India | |||
| Dr.Acharya Laboratories Private Limited | ₹131.95 Cr (FY 2025) | 225.0% | Mumbai, Maharashtra, India | |||
| Dic Ideal Private Limited | ₹130.59 Cr (FY 2019) | 22.0% | Thane, Maharashtra, India |
To see the full peer comparison of Almega Paints Private Limited, buy the company report.
Auditor
Almega Paints Private Limited is audited by Thacker Butala Desai for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Thacker Butala Desai | FY 2023 | 11086W |
Shareholding
The shareholding of Almega 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 Almega Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹104.75 Cr
Satisfied charges
₹41.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2024 | 101024592 | Others | ₹5 Cr | Open | |
| 05 Nov 2024 | 101010210 | Hdfc Bank Limited | ₹9.35 Cr | Open | |
| 30 Sep 2024 | 100986777 | Others | ₹2.25 Cr | Open | |
| 15 Mar 2022 | 100552650 | Others | ₹35.21 Cr | Open | |
| 31 Jan 2022 | 100535752 | Others | ₹3.83 Cr | Open |
To see the full charge records of Almega Paints Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Almega Paints Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.22 Cr; the latest was in March 2011.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹3.22 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: R R Paints Private Limited, R R Paints Private Limited & Narendra Ratansinh Kanabar Seller: 4 individuals |
| Mar 2010 | Funding round | ₹3.22 Cr | Investors: Ashok R Kanabar HUF, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Almega 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 Almega Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Almega Paints has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Almega Coatings Private Limited | U24299MH2019PTC334240 |
To see the full group structure of Almega Paints Private Limited, buy the company report.
Employees & EPFO
Almega Paints Private Limited has a workforce of 62 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
62
Active EPFO establishments
1
GST
Almega Paints has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA3698N3ZW | Maharashtra | Active | 30 Jun 2017 |
| 19AAHCA3698N1ZV | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Almega Paints Private Limited, buy the company report.
Recent activity
Almega Paints Private Limited has 10 board changes on record since 2008: 6 appointments and 4 cessations. The latest: Bijon Ashok Kanabar ceased to be Additional Director on 30 Sep 2015.
Charges
A charge with Others of Rs. 24.94 Cr registered on 31 Jan 2022 with Charge ID 100534415 was modified on 19 Sep 2025.
Charges
A charge with Others of Rs. 35.21 Cr registered on 15 Mar 2022 with Charge ID 100552650 was modified on 30 Jan 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101024592 was registered on 09 Dec 2024.
Charges
A charge with Others of Rs. 2.25 Cr registered on 30 Sep 2024 with Charge ID 100986777 was modified on 04 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.35 Cr with Charge ID 101010210 was registered on 05 Nov 2024.
Charges
A charge registered on 20 Oct 2021 via Charge ID 100491020 with Others was fully satisfied on 16 Oct 2024.
AGM
Almega Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100986777 was registered on 30 Sep 2024.
Filing
Almega Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 35.21 Cr with Charge ID 100552650 was registered on 15 Mar 2022.
Charges
A charge with Others of Rs. 9.00 Cr registered on 12 Feb 2020 with Charge ID 100332172 was modified on 25 Feb 2022.
Charges
A charge with Others amounted to Rs. 3.83 Cr with Charge ID 100535752 was registered on 31 Jan 2022.
26 earlier events are in the company report.
Frequently asked questions
Almega Paints is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 02 June 2008 (18+ years old) and is registered under CIN U24220MH2008PTC183058.
Almega Paints has 6 current directors:
- Himanshu Narendra Kanabar - Director
- Harsh Dilip Kanabar - Director
- Narendra Ratansinh Kanabar - Director
- Dilip Kanabar Ratansinh - Director
- Ashok Kanabar Ratansinh - Director
- Bijon Ashok Kanabar - Director
The latest financial statements of Almega Paints 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 Almega Paints is 27AAHCA3698N3ZW, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAHCA3698N1ZV (West Bengal).
The CIN (Corporate Identification Number) of Almega Paints is U24220MH2008PTC183058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Almega Paints was incorporated on 02 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Almega Paints has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.22 Cr; the latest was in March 2011.
The peers of Almega Paints by revenue are Ahir Salt and Allied Products Private Limited, First Orgacon Private Limited, Balaji Chem Solutions Private Limited, Amal Limited, Automark Technologies (India ) Private Limited and 2 more, all in the Manufacturing industry (Industrial Chemicals, Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bijon Ashok Kanabar ceased to be Additional Director on 30 Sep 2015. Harsh Dilip Kanabar ceased to be Additional Director on 30 Sep 2015. Bijon Ashok Kanabar was appointed as Director on 07 May 2015. Almega Paints has 10 board changes on record in total.
Yes, Almega Paints is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0123392).
Almega Paints can be reached through the website almegapaints.in. Its registered office is in Mumbai, Maharashtra, India.