About SK Formulations
SK Formulations is an Aerospace, Defense & Maritime company based in Thane (India) founded in 2003. Speciality surface coatings for high-end industrial applications. It operates in the Aerospace, Defense & Maritime and Chemicals & Materials sectors. The company has 17 employees. Its Indian entity Sk Formulations India Private Limited reported revenue of ₹6.92 Cr. SK Formulations offers products and services including ANTICOR and INSULECT SK-03. Its focus areas include Defense, Armament, Specialty Coatings and Coatings for Missiles.
Company details
SK Formulations India Pvt. Ltd. was established in 2004 by polymer experts and is recognized for its development of polymeric-based speciality surface coatings. These coatings, which utilize unique grafted co-polymer technology, are designed for high-end industrial applications and hold ISO 9001:2015 certification along with national and international patents. The company serves sectors such as chemical, defense, oil and gas, and marine industries, focusing on innovative solutions like anticorrosion and heat insulation coatings to meet diverse needs.
- Headquarters Thane, India
- Employees 17
- SectorsAerospace, Defense & MaritimeChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website skformulations.com
- Legal Name Sk Formulations India Pvt. Ltd
- Date of Incorporation 09 Feb, 2011
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹6.92 Cr
FY 2023 · +23% YoY
- Net Profit₹1.49 Cr
FY 2023 · 22% margin
- EBITDA₹2.15 Cr
FY 2023 · 31% margin
- Employee Count17
Associated legal entities of SK Formulations
SK Formulations operates through Sk Formulations India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sk Formulations India Private Limited CIN U24299MH2011PTC213239 | Active | 09 Feb 2011 | Thane, Maharashtra | ₹6.9 Cr | 17 | 2 | View details |
Products & Services of SK Formulations
SK Formulations offers a comprehensive portfolio of products and services, including ANTICOR and INSULECT SK-03.
Anticorrosion coatings are developed for protection against corrosion in various environments, including industrial and marine settings.
Electric insulation coatings are manufactured to provide safety and insulation for electrical components and applications.
Board of directors of Sk Formulations India Private Limited (SK Formulations)
Sk Formulations India Private Limited is the primary company behind SK Formulations. The board of Sk Formulations India Private Limited currently have 2 directors; the longest-serving is Sachin Shashikant Joshi, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sachin Shashikant Joshi DIN 01622246 | Director | 09 Feb 2011 | 15 yrs 8 mo | Sk Formulations India Private Limited |
| Kusum Joshi Sachin DIN 01210789 | Director | 09 Feb 2011 | 15 yrs 8 mo | Sk Formulations India Private Limited |
Financials of SK Formulations
Figures of Sk Formulations India Private Limited, the primary company behind SK Formulations, for FY 2023. Revenue was ₹6.92 Cr (+23% year on year). Net profit was ₹1.49 Cr (22% margin). EBITDA was ₹2.15 Cr (31% margin). Revenue has grown at a compounded annual rate of +10% over three years and -3% over five years.
- ₹6.92 CrRevenue · FY 2023 · +23% YoY
- ₹1.49 CrNet profit · 22% margin
- ₹2.15 CrEBITDA · 31% margin
- ₹43.5 LakhPaid-up capital
- 17Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sk Formulations India Private Limited are on its company page.
Detailed financial statements for SK Formulations
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Web traffic of SK Formulations
The website of SK Formulations (skformulations.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 35.1% vs previous month
Top companies in Aerospace Maritime and Defense Composites
2 companies that operate in the same segment as SK Formulations (Aerospace Maritime and Defense Composites) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Unmanned aviation, carbon fiber composites, and research-driven manufacturing in the aerospace sector. | 2017 | Noida, Uttar Pradesh, India | USD 6.46 M | 381 | ||
Drone systems are manufactured for defense and enterprise sectors. | 2020 | Chennai, Tamil Nadu, India | USD 1.24 M | USD 989.95 K | 46 |
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Frequently Asked Questions about SK Formulations
SK Formulations was founded in 2003.
SK Formulations is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
SK Formulations has 17 employees.
The primary company behind SK Formulations, Sk Formulations India Private Limited, reported revenue of ₹6.92 Cr for FY 2023, up 23% year on year.
SK Formulations India Pvt. Ltd. was established in 2004 by polymer experts and is recognized for its development of polymeric-based speciality surface coatings. These coatings, which utilize unique grafted co-polymer technology, are designed for high-end industrial applications and hold ISO 9001:2015 certification along with national and international patents. The company serves sectors such as chemical, defense, oil and gas, and marine industries, focusing on innovative solutions like anticorrosion and heat insulation coatings to meet diverse needs.
SK Formulations offers ANTICOR and INSULECT SK-03.
SK Formulations operates through Sk Formulations India Private Limited.
The legal entities of SK Formulations currently have 2 directors, including Sachin Shashikant Joshi, Kusum Joshi Sachin.