MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DD-01-0000399
Armacoat Products Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.64 Cr
▲ 88% YoY
Net profit · FY 2025
₹2.78 Cr
Net margin 22%
EBITDA · FY 2025
₹3.9 Cr
EBITDA margin 30.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.09 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Armacoat Products Private Limited
Data last updated:
Armacoat Products Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 22 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2008PTC186067. Its GSTIN is 26AABCU0308D1ZY (Daman & Diu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ultimate Formula Car Wax Private Limited and Ultimate Formula Products Private Limited. It is led by directors Tanaz Merwan Daruwalla and Meherwan Daruwala.
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 762 Ahura Gr. Floor 1 Joshi Road Dadar (East) Parsi Colony, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.64 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 22%) and EBITDA of ₹3.9 Cr (EBITDA margin 30.9%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹1.09 Cr on record.
Armacoat Products Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000399). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website armacoat.in.
Company details
CIN U24100MH2008PTC186067
Registration Number 186067
Incorporation Date 22 August 2008
ROC Mumbai
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 MSME
Udyam Registration UDYAM-DD-01-0000399
Name history
Armacoat Products has undergone 2 name changes throughout its history. The company was previously known as Ultimate Formula Car Wax Private Limited, and Ultimate Formula Products Private Limited. The current legal name is Armacoat Products Private Limited.
| Company Name | Status |
|---|---|
| Armacoat Products Private Limited | Current |
| Ultimate Formula Car Wax Private Limited | Previous |
| Ultimate Formula Products Private Limited | Previous |
CIN history
Armacoat Products has one previous CIN (Corporate Identification Number): U34300MH2008PTC186067. The current CIN is U24100MH2008PTC186067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2008PTC186067 | Current |
| U34300MH2008PTC186067 | Previous |
Recognitions & Rankings of Armacoat Products
Contact details
Armacoat Products Private Limited's registered office is in Mumbai, Maharashtra. Its website is armacoat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address762 Ahura Gr. Floor 1 Joshi Road Dadar (East) Parsi Colony, Mumbai, Maharashtra, India – 400014
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Armacoat Products Private Limited, buy the company report.
Comprehensive company report
Armacoat Products 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 Armacoat Products 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 Armacoat Products Private Limited, buy the company report.
Financials of Armacoat Products Private Limited
FY 2024 filings availableArmacoat Products Private Limited reported revenue of ₹12.64 Cr (up 88% YoY) for FY 2025.
Revenue · FY 2025
₹12.64 Cr ▲ 88%
Net profit · FY 2025
₹2.78 Cr margin 22%
EBITDA · FY 2025
₹3.9 Cr margin 30.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 56%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 132%
3 years · compounded
▲ 180%
5 years · compounded
▲ 90%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 88% growth in the latest year. EBITDA rose 132% 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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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.78 Cr | ||||
| Balance Sheet | |||||
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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 | 30.9% | ||||
| Net Profit Margin | 22% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Armacoat Products Private Limited, buy the company report.
Board of directors of Armacoat Products Private Limited
Armacoat Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanaz Merwan Daruwalla Also directs: Sethco Offshore Services Private Limited | Director | 22 Aug 2008 | 18 Years 2 Months | Current |
| Meherwan Daruwala Also directs: Sethco Offshore Services Private Limited | Director | 22 Aug 2008 | 18 Years 2 Months | Current |
Auditor
Armacoat Products Private Limited is audited by R. S. BHARUCHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. BHARUCHA & CO. | FY 2023 | 114010 |
Shareholding
The shareholding of Armacoat Products 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Armacoat Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2020 | 100424087 | Others | ₹85 Lakh | Open | |
| 17 Oct 2019 | 100311737 | Axis Bank Limited | ₹23.75 Lakh | Open |
To see the full charge records of Armacoat Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Armacoat Products 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
Armacoat Products Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Konvertor Packaging Solutions Private Limited |
To see the full MSME payment records of Armacoat Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Armacoat Products has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AABCU0308D1ZY | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Armacoat Products Private Limited, buy the company report.
Recent activity
Armacoat Products Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Freni Rusi Daruvala ceased to be Director on 01 Aug 2015.
Charges
A charge with Others of Rs. 85.00 Lakh registered on 19 Nov 2020 with Charge ID 100424087 was modified on 28 Oct 2024.
AGM
Armacoat Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Armacoat Products 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. 85.00 Lakh with Charge ID 100424087 was registered on 19 Nov 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.75 Lakh with Charge ID 100311737 was registered on 17 Oct 2019.
Ceased
Freni Rusi Daruvala ceased to be Director.
Ceased
Rusi Jehangir Daruvala ceased to be Director.
Appointed
Meherwan Daruwala was appointed as Director.
Appointed
Tanaz Merwan Daruwalla was appointed as Director.
Incorporation
22 Aug 2008
Armacoat Products Private Limited was registered on 22 Aug 2008 with Roc Mumbai & aged 18 years 2 months as per MCA records.
Frequently asked questions
Armacoat Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 22 August 2008 (18+ years old) and is registered under CIN U24100MH2008PTC186067.
Armacoat Products has 2 current directors:
- Tanaz Merwan Daruwalla - Director
- Meherwan Daruwala - Director
The latest financial statements of Armacoat Products 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 Armacoat Products is 26AABCU0308D1ZY, registered in Daman & Diu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Armacoat Products is U24100MH2008PTC186067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armacoat Products was incorporated on 22 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Freni Rusi Daruvala ceased to be Director on 01 Aug 2015. Rusi Jehangir Daruvala ceased to be Director on 01 Aug 2015. Meherwan Daruwala was appointed as Director on 22 Aug 2008. Armacoat Products has 4 board changes on record in total.
Yes, Armacoat Products is registered as an MSME under Udyam registration (number: UDYAM-DD-01-0000399).
Armacoat Products has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Armacoat Products can be reached through the website armacoat.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Armacoat Products is at 762 Ahura Gr. Floor 1 Joshi Road Dadar East Parsi Colony, Mumbai, Maharashtra, India – 400014.
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