MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0026232
Asiatech Coatings Private Limited
Asiatech Coatings Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹160.21 Cr
▼ 12% YoY
Net profit · FY 2025
₹29.08 Cr
Net margin 18.1%
EBITDA · FY 2025
₹29.45 Cr
EBITDA margin 18.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
37
Provident fund records
Directors on board
3
As per MCA filings
About Asiatech Coatings Private Limited
Data last updated:
Asiatech Coatings Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 24 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2015PTC155919. Its GSTIN is 27AANCA6394B1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lalitkumar Shantaram Mhaske and Ragupathi M.
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 Gat No. 1259/1 Village Sanaswadi Taluka Shirur, Pune, Maharashtra, India – 412020.
As per the financials filed for FY 2025, the company reported a revenue of ₹160.21 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹29.08 Cr (net margin 18.1%) and EBITDA of ₹29.45 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company has 3 deals on record (3 secondary share transfers); the latest was in April 2023.
Asiatech Coatings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0026232). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999PN2015PTC155919
Registration Number 155919
Incorporation Date 24 July 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0026232
Key People
Lalitkumar Shantaram Mhaske Director Ragupathi M Director Milind Jayant Patwardhan Director Recognitions & Rankings of Asiatech Coatings
Contact details
Asiatech Coatings Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGat No. 1259/1 Village Sanaswadi Taluka Shirur, Pune, Maharashtra, India – 412020
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Asiatech Coatings Private Limited, buy the company report.
Comprehensive company report
Asiatech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Asiatech Coatings is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Asiatech Coatings Private Limited, buy the company report.
Financials of Asiatech Coatings Private Limited
FY 2024 filings availableAsiatech Coatings Private Limited reported revenue of ₹160.21 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹160.21 Cr ▼ 12%
Net profit · FY 2025
₹29.08 Cr margin 18.1%
EBITDA · FY 2025
₹29.45 Cr margin 18.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 10%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 18%
5 years · compounded
▲ 7%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 16% 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 | ₹29.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.08 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 | 18.4% | ||||
| Net Profit Margin | 18.1% | ||||
| 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 Asiatech Coatings Private Limited, buy the company report.
Board of directors of Asiatech Coatings Private Limited
Asiatech Coatings has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalitkumar Shantaram Mhaske | Director | 09 Aug 2017 | 9 Years 3 Months | Current |
| Ragupathi M | Director | 24 Jul 2015 | 11 Years 3 Months | Current |
| Milind Jayant Patwardhan | Director | 24 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Asiatech Coatings Private Limited is audited by PAWAR ZAWARE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAR ZAWARE AND ASSOCIATES | FY 2023 | 123636W |
Shareholding
The shareholding of Asiatech Coatings 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 Asiatech Coatings Private Limited, buy the company report.
Deals & funding
Asiatech Coatings Private Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2023.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 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 Asiatech 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 Asiatech Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asiatech Coatings Private Limited has a workforce of 37 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
48%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 37 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Asiatech Coatings Private Limited, buy the company report.
GST
Asiatech Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA6394B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asiatech Coatings Private Limited, buy the company report.
Recent activity
Asiatech Coatings Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Lalitkumar Shantaram Mhaske ceased to be Additional Director on 29 Sep 2023.
AGM
Asiatech Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asiatech Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Lalitkumar Shantaram Mhaske ceased to be Additional Director.
Appointed
Lalitkumar Shantaram Mhaske was appointed as Director.
Appointed
Milind Jayant Patwardhan was appointed as Director.
Appointed
Ragupathi M was appointed as Director.
Incorporation
24 Jul 2015
Asiatech Coatings Private Limited was registered on 24 Jul 2015 with Roc Pune & aged 11 years 3 months as per MCA records.
Frequently asked questions
Asiatech Coatings is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 24 July 2015 (11+ years old) and is registered under CIN U74999PN2015PTC155919.
Asiatech Coatings has 3 current directors:
- Lalitkumar Shantaram Mhaske - Director
- Ragupathi M - Director
- Milind Jayant Patwardhan - Director
The latest financial statements of Asiatech Coatings 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 FY 2016 are in the company report.
The GSTIN of Asiatech Coatings is 27AANCA6394B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asiatech Coatings is U74999PN2015PTC155919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asiatech Coatings was incorporated on 24 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Asiatech Coatings has 3 deals on record (3 secondary share transfers); the latest was in April 2023.
Lalitkumar Shantaram Mhaske ceased to be Additional Director on 29 Sep 2023. Lalitkumar Shantaram Mhaske was appointed as Director on 09 Aug 2017. Milind Jayant Patwardhan was appointed as Director on 24 Jul 2015. Asiatech Coatings has 4 board changes on record in total.
Yes, Asiatech Coatings is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0026232).
The registered office of Asiatech Coatings is at Gat No. 12591 Village Sanaswadi Taluka Shirur, Pune, Maharashtra, India – 412020.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages