About Classic Paints
Classic Paints was a Chemicals & Materials company based in Kochi (India) founded in 1980. It manufactures paints like enamel, emulsions, varnishes, lacquers, and industrial coatings. It operates on a B2B model. The company has 21 employees. Its Indian entity Varuna Paints Pvt Ltd reported revenue of ₹8.64 Cr. The company is recorded as dissolved. Classic Paints offers products and services including Enamel Paints, Emulsions, Varnish, Lacquers, and Primers. Its focus areas include Manufacturing, Chemical Products, Paints and Architectural Coatings. Its competitors include Mapei, Asian Paints, Kansai Nerolac, Pidilite and Bostik and 4 more.
Company details
Varuna Paints Private Limited, based in Kochi, Kerala, India, produces a variety of high-quality paints and coatings. They specialize in items such as enamel, emulsions, varnish, lacquers, and both architectural and industrial coatings, including exterior, interior, and chlorinated rubber paints. The company also offers primers and thinners, serving diverse customer needs through manufacturing and supply operations.
- Headquarters Kochi, India
- Employees 21
- SectorsChemicals & Materials
- Email••••••••
- Website varunapaints.com
- Legal Name Varuna Paints Pvt Ltd
- Date of Incorporation 31 May, 1978
- Jurisdiction Ernakulam, Kerala, India
- Annual Revenue₹8.64 Cr
FY 2022 · +24% YoY
- Net Profit₹49.8 Lakh
FY 2022 · 6% margin
- EBITDA₹88.6 Lakh
FY 2022 · 10% margin
- Employee Count21
Associated legal entities of Classic Paints
Classic Paints operates through Varuna Paints Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varuna Paints Pvt Ltd CIN U24222KL1978PTC002982 | Active | 31 May 1978 | Ernakulam, Kerala | ₹8.6 Cr | 21 | 4 | View details |
Products & Services of Classic Paints
Classic Paints offers a comprehensive portfolio of products and services, including Enamel Paints, Emulsions, Varnish, Lacquers, and Primers.
Durable finishes for surfaces in various applications.
Water-based coatings for interior and exterior walls.
Protective layer for wood and surfaces against wear.
Fast-drying finishes for industrial and decorative use.
Base layers that enhance adhesion and durability.
Board of directors of Varuna Paints Pvt Ltd (Classic Paints)
Varuna Paints Pvt Ltd is the primary company behind Classic Paints. The board of Varuna Paints Pvt Ltd currently have 4 directors; the longest-serving is Mampuzhakal Thommen Antony, appointed in 1978. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mampuzhakal Thommen Antony DIN 01769838 | Director | 31 May 1978 | 48 yrs 4 mo | Varuna Paints Pvt Ltd |
| Thresiamma Antony DIN 05332440 | Additional Director | 16 Jul 2012 | 14 yrs 3 mo | Varuna Paints Pvt Ltd |
| Kallada Kunjappu Sidharthan DIN 06487786 | Director | 02 Nov 2012 | 13 yrs 11 mo | Varuna Paints Pvt Ltd |
| Rajan Thomas DIN 09604466 | Director | 01 May 2022 | 4 yrs 5 mo | Varuna Paints Pvt Ltd |
Financials of Classic Paints
Figures of Varuna Paints Pvt Ltd, the primary company behind Classic Paints, for FY 2022. Revenue was ₹8.64 Cr (+24% year on year). Net profit was ₹49.8 Lakh (6% margin). EBITDA was ₹88.6 Lakh (10% margin). Revenue has grown at a compounded annual rate of +21% over three years and +17% over five years.
- ₹8.64 CrRevenue · FY 2022 · +24% YoY
- ₹49.8 LakhNet profit · 6% margin
- ₹88.6 LakhEBITDA · 10% margin
- ₹4.7 LakhPaid-up capital
- 21Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Varuna Paints Pvt Ltd are on its company page.
Detailed financial statements for Classic Paints
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Classic Paints
Classic Paints has 9 listed competitors in our database. They include Mapei, Asian Paints, Kansai Nerolac, Pidilite and Bostik, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mapei.com | 1937 | Milan, Italy | – | 336 | Chemical products including adhesives and sealants for construction are manufactured. | |
| asianpaints.com | 1942 | Mumbai, India | – | 9,482 | Industrial and decorative paints are manufactured along with related solutions. | |
| nerolac.com | 1920 | Mumbai, India | – | 4,107 | Industrial and decorative paints are manufactured by Kansai Nerolac. | |
| pidilite.com | 1959 | Mumbai, India | – | 58 | Adhesives and sealants are manufactured by Pidilite in India. | |
| bostik.com | 1889 | Paris, France | – | – | Industrial adhesives are manufactured by Bostik for diverse applications. | |
| whchem.com | 1998 | Yantai, China | – | 9,165 | Chemical products are manufactured and distributed by Wanhua Chemical Group. | |
| fosroc.com | 1972 | Dubai, United Arab Emirates | – | 42 | Adhesives, sealants, and chemicals for construction applications are manufactured. | |
| growel.com | 1957 | Mumbai, India | – | 171 | Electroplating chemicals, paints, and equipment are manufactured by the company. | |
| shalimarpaints.com | 1902 | Delhi, India | – | 175 | Protective coatings are manufactured for industrial applications in India. |
Detailed competitors of Classic Paints
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Top companies in Paints, Coatings & Surface Treatments
10 companies that operate in the same segment as Classic Paints (Paints, Coatings & Surface Treatments), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of paints | 2000 | Pune, Maharashtra, India | USD 23.11 M | USD 149.43 M | 1,850 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | – | USD 3.79 B | 33,600 | |
Paints, coatings, and related products are manufactured and distributed globally. | 1866 | Cleveland, Ohio, United States | – | USD 23.57 B | 63,890 | |
Industrial and decorative paints are manufactured by Kansai Nerolac. | 1920 | Mumbai, Maharashtra, India | – | USD 858.2 M | 10,570 | |
Hempel is recognized for providing high-quality protective coating solutions. | 1915 | Lyngby, Region Hovedstaden, Denmark | – | USD 17.43 M | 138 | |
Protective coatings are manufactured for industrial applications in India. | 1902 | Delhi, Delhi, India | – | USD 61.39 M | 633 | |
Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings | 1994 | Amsterdam, Netherlands | – | USD 11.94 B | 34,600 | |
Paints and stains are supplied to the construction sector. | 1883 | Montvale, New Jersey, United States | – | – | – | |
Color management solutions and measurement technologies are provided for industries. | 1958 | Grand Rapids, Michigan, United States | USD 155 M | USD 1.07 M | 21 | |
Manufacturer of paints | 1961 | Sao Bernardo Do Campo, Sao Paulo, Brazil | – | – | – |
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Frequently Asked Questions about Classic Paints
Classic Paints was founded in 1980.
Classic Paints is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Classic Paints has 21 employees.
The primary company behind Classic Paints, Varuna Paints Pvt Ltd, reported revenue of ₹8.64 Cr for FY 2022, up 24% year on year.
Varuna Paints Private Limited, based in Kochi, Kerala, India, produces a variety of high-quality paints and coatings. They specialize in items such as enamel, emulsions, varnish, lacquers, and both architectural and industrial coatings, including exterior, interior, and chlorinated rubber paints. The company also offers primers and thinners, serving diverse customer needs through manufacturing and supply operations.
Classic Paints's top competitors include Asian Paints, Kansai Nerolac and Shalimar Paints.
Classic Paints offers Enamel Paints, Emulsions, Varnish, Lacquers, and Primers.
Classic Paints operates through Varuna Paints Pvt Ltd.
The legal entities of Classic Paints currently have 4 directors, including Mampuzhakal Thommen Antony, Kallada Kunjappu Sidharthan, Rajan Thomas and others.