About B+M Surface Systems India Private Limited
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B+M Surface Systems India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of B+M Surface System Gmbh. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 16 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2007PTC230285. Its GSTIN is 27AAACW7245E1ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Wurster India Surface Systems Private Limited and Wurster B+M India Surface Systems Private Limited. It is led by directors Shakil Ahmed Mohamed Husain Barge and Michael Josef Palenberg.
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 Office No – 1112 Bl No – A1 Sector – 1 Mbp Mahape, Thane, Maharashtra, India – 400710.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.58 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹48.74 Lakh (net margin 7.4%) and EBITDA of ₹98.66 Lakh (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 23% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bm-systems.in.
Company details
Name history
B+M Surface Systems India has undergone 2 name changes throughout its history. The company was previously known as Wurster India Surface Systems Private Limited, and Wurster B+M India Surface Systems Private Limited. The current legal name is B+M Surface Systems India Private Limited.
| Company Name | Status |
|---|---|
| B+M Surface Systems India Private Limited | Current |
| Wurster India Surface Systems Private Limited | Previous |
| Wurster B+M India Surface Systems Private Limited | Previous |
CIN history
B+M Surface Systems India has one previous CIN (Corporate Identification Number): U74900PN2007PTC130452. The current CIN is U74900MH2007PTC230285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2007PTC230285 | Current |
| U74900PN2007PTC130452 | Previous |
Contact details
B+M Surface Systems India Private Limited's registered office is in Thane, Maharashtra. Its website is bm-systems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No – 1112 Bl No – A1 Sector – 1 Mbp Mahape, Thane, Maharashtra, India – 400710
- IndustryManufacturing, Paint & Coatings
To see the full contact details of B+M Surface Systems India Private Limited, buy the company report.
- 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
Business activity
The main business activity of B+M Surface Systems India is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of B+M Surface Systems India Private Limited, buy the company report.
Financials of B+M Surface Systems India Private Limited
FY 2024 filings availableB+M Surface Systems India Private Limited reported revenue of ₹6.58 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 13% 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 |
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| EBITDA | ₹98.66 Lakh | ||||
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| Net Profit (PAT) | ₹48.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of B+M Surface Systems India Private Limited, buy the company report.
Board of directors of B+M Surface Systems India Private Limited
B+M Surface Systems India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakil Ahmed Mohamed Husain Barge | Director | 11 Feb 2016 | 10 Years 8 Months | Current |
| Michael Josef Palenberg | Director | 03 Sep 2019 | 7 Years 2 Months | Current |
Auditor
B+M Surface Systems India Private Limited is audited by KAMDAR DESAI AND PATEL LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMDAR DESAI AND PATEL LLP | FY 2023 | 104664W/W100805 |
Shareholding
The shareholding of B+M Surface Systems India 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 B+M Surface Systems India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2021 | 100492945 | Others | ₹18 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving B+M Surface Systems India 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
B+M Surface Systems India Private Limited has 4 MSME Form 1 returns on record between 2016 and 2022, listing 6 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eplan Software Private Limited | |||
| Nadkarni Travels | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of B+M Surface Systems India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
B+M Surface Systems India Private Limited has a workforce of 38 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
B+M Surface Systems India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7245E1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of B+M Surface Systems India Private Limited, buy the company report.
Recent activity
B+M Surface Systems India Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Michael Josef Palenberg ceased to be Additional Director on 19 Sep 2019.
3 earlier events are in the company report.
Frequently asked questions
B+M Surface Systems India is an active private limited company based in Thane, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 16 July 2007 (19+ years old) and is registered under CIN U74900MH2007PTC230285.
B+M Surface Systems India has 2 current directors:
- Shakil Ahmed Mohamed Husain Barge - Director
- Michael Josef Palenberg - Director
The latest financial statements of B+M Surface Systems India 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 2015 are in the company report.
The GSTIN of B+M Surface Systems India is 27AAACW7245E1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of B+M Surface Systems India is U74900MH2007PTC230285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
B+M Surface Systems India was incorporated on 16 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Michael Josef Palenberg ceased to be Additional Director on 19 Sep 2019. Bernd Max Haessler ceased to be Director on 11 Sep 2019. Michael Josef Palenberg was appointed as Director on 03 Sep 2019. B+M Surface Systems India has 11 board changes on record in total.
B+M Surface Systems India has 4 MSME Form 1 returns on record between 2016 and 2022, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 21 Nov 2022.
B+M Surface Systems India can be reached through the website bm-systems.in. Its registered office is in Thane, Maharashtra, India.
The registered office of B+M Surface Systems India is at Office No – 1112 Bl No – A1 Sector – 1 Mbp Mahape, Thane, Maharashtra, India – 400710.
B+M Surface Systems India operates in the manufacturing industry, in the paint and coatings segment.
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