About Innocoat Systems
Innocoat Systems is a Chemicals & Materials company based in Bengaluru (India). It operates as a surface finishing and coating services focusing on powder, PVDF, FEVE, and wood effect coatings in India. The company has 68 employees. Its Indian entity Innocoat Systems (India) Private Limited reported revenue of ₹27.99 Cr. Innocoat Systems offers products and services including Powder Coating and PVDF Coating. Its focus areas include Manufacturing, Surface Finishing, Coatings and Powder and Special Coatings.
Company details
Innocoat Systems is known for its expertise in delivering surface finishing solutions, including powder coating, PVDF, FEVE, and wood effect coatings, which are applied to enhance durability and aesthetics in various industries. It is recognized as the first in India to achieve specific certifications like Akzo Nobel D-3020, ensuring international standards are met at domestic prices. Sustainability practices are integrated into operations to minimize environmental impact, while quality is maintained through rigorous processes at multiple stages. Customer requirements are addressed by offering a blend of quality, service, and value in the field of design and decor innovations.
- Headquarters Bengaluru, India
- Employees 68
- SectorsChemicals & Materials
- Email••••••••
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- Legal Name Innocoat Systems (India) Private Limited
- Date of Incorporation 02 Jul, 2008
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹27.99 Cr
FY 2024 · -10% YoY
- Net Profit₹1.25 Cr
FY 2024 · 4% margin
- EBITDA₹3.05 Cr
FY 2024 · 11% margin
- Employee Count68
Associated legal entities of Innocoat Systems
Innocoat Systems operates through Innocoat Systems (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innocoat Systems (India) Private Limited CIN U74900KA2008PTC047018 | Active | 02 Jul 2008 | Bangalore, Karnataka | ₹28.0 Cr | 68 | 2 | View details |
Products & Services of Innocoat Systems
Innocoat Systems offers a comprehensive portfolio of products and services, including Powder Coating and PVDF Coating.
Powder coating is applied for durable and aesthetic surface finishes on various materials
PVDF coating is utilized for long-lasting protection and color retention in architectural applications
Board of directors of Innocoat Systems (India) Private Limited (Innocoat Systems)
Innocoat Systems (India) Private Limited is the primary company behind Innocoat Systems. The board of Innocoat Systems (India) Private Limited currently have 2 directors; the longest-serving is Atoor Dilipkumar, appointed in 2008.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atoor Dilipkumar DIN 02195605 | Director | 02 Jul 2008 | 18 yrs 3 mo | Innocoat Systems (India) Private Limited |
| Sindhu Dilip DIN 02195585 | Director | 02 Jul 2008 | 18 yrs 3 mo | Innocoat Systems (India) Private Limited |
Financials of Innocoat Systems
Figures of Innocoat Systems (India) Private Limited, the primary company behind Innocoat Systems, for FY 2024. Revenue was ₹27.99 Cr (-10% year on year). Net profit was ₹1.25 Cr (4% margin). EBITDA was ₹3.05 Cr (11% margin). Revenue has grown at a compounded annual rate of +21% over three years and +9% over five years.
- ₹27.99 CrRevenue · FY 2024 · -10% YoY
- ₹1.25 CrNet profit · 4% margin
- ₹3.05 CrEBITDA · 11% margin
- ₹90 LakhPaid-up capital
- 68Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innocoat Systems (India) Private Limited are on its company page.
Detailed financial statements for Innocoat Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Paints, Coatings & Surface Treatments
10 companies that operate in the same segment as Innocoat Systems (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 Innocoat Systems
Innocoat Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Innocoat Systems has 68 employees.
The primary company behind Innocoat Systems, Innocoat Systems (India) Private Limited, reported revenue of ₹27.99 Cr for FY 2024, down 10% year on year.
Innocoat Systems is known for its expertise in delivering surface finishing solutions, including powder coating, PVDF, FEVE, and wood effect coatings, which are applied to enhance durability and aesthetics in various industries. It is recognized as the first in India to achieve specific certifications like Akzo Nobel D-3020, ensuring international standards are met at domestic prices. Sustainability practices are integrated into operations to minimize environmental impact, while quality is maintained through rigorous processes at multiple stages. Customer requirements are addressed by offering a blend of quality, service, and value in the field of design and decor innovations.
Innocoat Systems offers Powder Coating and PVDF Coating.
Innocoat Systems operates through Innocoat Systems (India) Private Limited.
The legal entities of Innocoat Systems currently have 2 directors, including Atoor Dilipkumar, Sindhu Dilip.