Asiad Paints Limited
About Asiad Paints Limited
Data last updated:
Asiad Paints Limited is a public limited company based in New Delhi, Delhi, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 22 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72411DL1992PLC049265. Its GSTIN is 07AAACA8676P2ZY (Delhi). The company holds 13 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rashmi Ahuja and Divey Ahuja.
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 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.13 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹22.67 Lakh (net margin 2.8%) and EBITDA of ₹32.1 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 7 filed by the company. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asiad Paints Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOkhla Industrial Area Phase – I, New Delhi, Delhi, India – 110092
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Asiad Paints 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 Asiad Paints is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Asiad Paints Limited, buy the company report.
Financials of Asiad Paints Limited
FY 2025 filings availableAsiad Paints Limited reported revenue of ₹8.13 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 5% growth in the latest year. EBITDA rose 4% 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 | ₹8.13 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹32.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.67 Lakh | ||||
| 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 | 3.9% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Asiad Paints Limited, buy the company report.
Board of directors of Asiad Paints Limited
Asiad Paints has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Ahuja Also directs: Yokostone India LLP, Yokostonne Industries Limited Liability Partnership, Acl Yokostone India LLP and 5 more | Director | 22 Jun 1992 | 34 Years 4 Months | Current |
| Divey Ahuja Also directs: Yokostone India LLP, Yokostonne Industries Limited Liability Partnership, Acl Yokostone India LLP and 5 more | Director | 30 Sep 2009 | 17 Years 1 Months | Current |
| Devan Ahuja Also directs: Yokostone India LLP, Yokostonne Industries Limited Liability Partnership, Acl Yokostone India LLP and 5 more | Director | 22 Jun 1992 | 34 Years 4 Months | Current |
Auditor
Asiad Paints Limited is audited by BHARATH BOHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARATH BOHRA & CO | FY 2023 | 237648 |
Shareholding
The shareholding of Asiad Paints Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Asiad Paints Limited, buy the company report.
Deals & funding
Asiad Paints Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Sushil Kumar Ahuja & Sons(HUF), 3 individuals Seller: Satish Ahuja & Sons HUF, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asiad Paints Limited has 7 court cases on record: 7 filed by Asiad Paints. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Assistant Commissioner (St)(Fac) | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner (St)(Fac) | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Asiad Paints Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asiad Paints Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asiad Paints Limited has a workforce of 18 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Asiad Paints has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA8676P2ZY | Delhi | Active | 25 May 2022 |
| 09AAACA8676P1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 22AAACA8676P1Z7 | Chattisgarh | Active | 01 Jul 2017 |
| 23AAACA8676P1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asiad Paints Limited, buy the company report.
Recent activity
Asiad Paints Limited has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Sushil Kumar Ahuja ceased to be Director on 06 Sep 2014.
Frequently asked questions
Asiad Paints is an active public limited company based in New Delhi, Delhi, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 22 June 1992 (34+ years old) and is registered under CIN U72411DL1992PLC049265.
Asiad Paints has 3 current directors:
- Rashmi Ahuja - Director
- Divey Ahuja - Director
- Devan Ahuja - Director
The latest financial statements of Asiad Paints 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 2015 are in the company report.
The GSTIN of Asiad Paints is 07AAACA8676P2ZY, registered in Delhi. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACA8676P1ZV (Uttar Pradesh), 22AAACA8676P1Z7 (Chattisgarh), 23AAACA8676P1Z5 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Asiad Paints is U72411DL1992PLC049265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asiad Paints has 7 court cases on record: 7 filed by the company.
Asiad Paints was incorporated on 22 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Asiad Paints has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Sushil Kumar Ahuja ceased to be Director on 06 Sep 2014. Divey Ahuja was appointed as Director on 30 Sep 2009. Ujval Ahuja ceased to be Director on 30 Sep 2009. Asiad Paints has 5 board changes on record in total.
The registered office of Asiad Paints is at Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110092.
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