About Innovation Coatings
Innovation Coatings is a Chemicals & Materials company. Provision of adhesives, coatings, and paints for industrial and household applications. Its Indian entity Innovation Coatings Private Limited reported revenue of ₹4.74 Cr. Innovation Coatings offers products and services including Specialty Coatings and Adhesives. Its focus areas include Manufacturing, Consumer Goods, Paints and Finishes and Household Applications.
Company details
A wide range of adhesives, coatings, and paints is offered by Innovation Coatings to meet the needs of various industries and households. Innovative technology is reflected in their product lineup, which includes world-class PU and water-based coatings for sectors like construction, flooring, and pipelines. High-quality adhesives are provided for applications in automotive, wood, metal, and shoe industries, while Epoxy and PU-based paints are made available for both industrial and home use. Contact options are facilitated through phone and email to address queries. Overall, technical expertise is demonstrated in catering to diverse requirements with cost-effective solutions.
- SectorsChemicals & Materials
- Website innovationcoatings.in
- Legal Name Innovation Coatings Pvt. Ltd
- Date of Incorporation 18 Apr, 1995
- Jurisdiction Chandigarh, India
- Indian entity revenue₹4.74 Cr
FY 2024 · +5% YoY
- Indian entity net profit₹15.5 Lakh
FY 2024 · 3% margin
- Indian entity EBITDA₹22 Lakh
FY 2024 · 5% margin
Associated legal entities of Innovation Coatings
Innovation Coatings operates through Innovation Coatings 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 |
|---|---|---|---|---|---|---|---|
| Innovation Coatings Private Limited CIN U24222CH1995PTC016232 | Active | 18 Apr 1995 | Chandigarh, Chandigarh | ₹4.7 Cr | 2 | View details |
Products & Services of Innovation Coatings
Innovation Coatings offers a comprehensive portfolio of products and services, including Specialty Coatings and Adhesives.
World-class PU and water-based coatings are produced for industries such as construction, flooring, and pipelines.
Cost-effective and high-quality adhesives are provided for use in the automotive industry, wood, metal, and shoe sectors.
Board of directors of Innovation Coatings Private Limited (Innovation Coatings)
Innovation Coatings Private Limited is the primary company behind Innovation Coatings. The board of Innovation Coatings Private Limited currently have 2 directors; the longest-serving is Deepak Bhanot, appointed in 1995. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Bhanot DIN 01795229 | Director | 18 Apr 1995 | 31 yrs 6 mo | Innovation Coatings Private Limited |
| Diksha Bhanot DIN 02497288 | Director | 18 Apr 1995 | 31 yrs 6 mo | Innovation Coatings Private Limited |
Financials of Innovation Coatings
Figures of Innovation Coatings Private Limited, the primary company behind Innovation Coatings, for FY 2024. Revenue was ₹4.74 Cr (+5% year on year). Net profit was ₹15.5 Lakh (3% margin). EBITDA was ₹22 Lakh (5% margin). Revenue has grown at a compounded annual rate of +39% over three years and +14% over five years.
- ₹4.74 CrRevenue · FY 2024 · +5% YoY
- ₹15.5 LakhNet profit · 3% margin
- ₹22 LakhEBITDA · 5% margin
- ₹3.2 LakhPaid-up capital
- +39%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovation Coatings Private Limited are on its company page.
Detailed financial statements for Innovation Coatings
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- Five-year trends
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Frequently Asked Questions about Innovation Coatings
The primary company behind Innovation Coatings, Innovation Coatings Private Limited, reported revenue of ₹4.74 Cr for FY 2024, up 5% year on year.
A wide range of adhesives, coatings, and paints is offered by Innovation Coatings to meet the needs of various industries and households. Innovative technology is reflected in their product lineup, which includes world-class PU and water-based coatings for sectors like construction, flooring, and pipelines. High-quality adhesives are provided for applications in automotive, wood, metal, and shoe industries, while Epoxy and PU-based paints are made available for both industrial and home use. Contact options are facilitated through phone and email to address queries. Overall, technical expertise is demonstrated in catering to diverse requirements with cost-effective solutions.
Innovation Coatings offers Specialty Coatings and Adhesives.
Innovation Coatings operates through Innovation Coatings Private Limited.
The legal entities of Innovation Coatings currently have 2 directors, including Deepak Bhanot, Diksha Bhanot.