MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-27-0017358
Brite Coatings Private Limited - packaging in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.62 Cr
Latest filing
Net profit · FY 2024
₹5.66 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹37.9 Lakh
EBITDA margin 3.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹24.49 Lakh
Satisfied ₹33 Lakh
Company age
37 yrs
Est. 1989
Directors on board
4
As per MCA filings
About Brite Coatings Private Limited
Data last updated:
Brite Coatings Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 28 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1989PTC052790. Its GSTIN is 27AACCB6946P1Z1 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chirag Dalip Vaswani and Deepika Dalip Vaswani.
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 Plot No.C – 352 T.T.C.Industrial Area Pawane Navi Mumbai, Thane, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.62 Cr. For the same year it recorded a net profit of ₹5.66 Lakh (net margin 0.5%) and EBITDA of ₹37.9 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹24.49 Lakh and satisfied charges of ₹33 Lakh on record.
Brite Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0017358). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website britecoatings.com.
Company details
CIN U65910MH1989PTC052790
Registration Number 052790
Incorporation Date 28 July 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-27-0017358
Key People
Chirag Dalip Vaswani Director Deepika Dalip Vaswani Director Dalip Nanikram Vaswani Director Recognitions & Rankings of Brite Coatings
Contact details
Brite Coatings Private Limited's registered office is in Thane, Maharashtra. Its website is britecoatings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.C – 352 T.T.C.Industrial Area Pawane Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Brite Coatings Private Limited, buy the company report.
Comprehensive company report
Brite Coatings Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Brite Coatings is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Brite Coatings Private Limited, buy the company report.
Financials of Brite Coatings Private Limited
FY 2024 filings availableBrite Coatings Private Limited reported revenue of ₹10.62 Cr for FY 2024.
Revenue · FY 2024
₹10.62 Cr
Net profit · FY 2024
₹5.66 Lakh margin 0.5%
EBITDA · FY 2024
₹37.9 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 11%
5 years · compounded
▲ 6%
EBITDA CAGR growth
3 years · compounded
▼ 14%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.62 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Brite Coatings Private Limited, buy the company report.
Board of directors of Brite Coatings Private Limited
Brite Coatings has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Dalip Vaswani Also directs: Kanvi Properties Private Limited | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
| Deepika Dalip Vaswani Also directs: Kanvi Properties Private Limited | Director | 10 Jul 2003 | 23 Years 3 Months | Current |
| Dalip Nanikram Vaswani Also directs: Kanvi Properties Private Limited, Gee Aar Lamocoat Private Limited | Director | 10 Jul 2003 | 23 Years 3 Months | Current |
| Bhavesh Dalip Vaswani Also directs: Kanvi Properties Private Limited | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Brite Coatings Private Limited is audited by CA Dinesh Rajgor & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA Dinesh Rajgor & Co | FY 2024 | 123648W |
Shareholding
The shareholding of Brite Coatings Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Brite Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.49 Lakh
Satisfied charges
₹33 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2021 | 100496230 | Hdfc Bank Limited | ₹24.49 Lakh | Open | |
| 23 Sep 2019 | 100294600 | Axis Bank Limited | ₹33 Lakh | Satisfied |
To see the full charge records of Brite Coatings Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Brite Coatings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Brite Coatings Private Limited was last rated by Crisil on 11 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Feb 2020 |
To see the full credit ratings and regulatory alerts of Brite Coatings Private Limited, buy the company report.
MSME payment delays
Brite Coatings Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 142 overdue payments to 14 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 (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Loparex India Private Limited | |||
| Shree Shakti Polyfilms Private Limited | |||
| an individual supplier | |||
| Amisha Vinyls Private Limited | |||
| Astra Chemtech Private Limited |
To see the full MSME payment records of Brite Coatings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Brite Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB6946P1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Brite Coatings Private Limited, buy the company report.
Recent activity
Brite Coatings Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Chirag Dalip Vaswani was appointed as Director on 30 Jun 2017.
AGM
Brite Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 23 Sep 2019 via Charge ID 100294600 with Axis Bank Limited was fully satisfied on 05 Apr 2024.
Filing
Brite Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.49 Lakh with Charge ID 100496230 was registered on 01 Oct 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 33.00 Lakh with Charge ID 100294600 was registered on 23 Sep 2019.
Appointed
Chirag Dalip Vaswani was appointed as Director.
Appointed
Bhavesh Dalip Vaswani was appointed as Director.
Appointed
Dalip Nanikram Vaswani was appointed as Director.
Appointed
Deepika Dalip Vaswani was appointed as Director.
Incorporation
28 Jul 1989
Brite Coatings Private Limited was registered on 28 Jul 1989 with Roc Mumbai & aged 37 years 3 months as per MCA records.
Frequently asked questions
Brite Coatings is an active private limited company based in Thane, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 28 July 1989 (37+ years old) and is registered under CIN U65910MH1989PTC052790.
Brite Coatings has 4 current directors:
- Chirag Dalip Vaswani - Director
- Deepika Dalip Vaswani - Director
- Dalip Nanikram Vaswani - Director
- Bhavesh Dalip Vaswani - Director
The latest financial statements of Brite Coatings 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 Brite Coatings is 27AACCB6946P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Brite Coatings is U65910MH1989PTC052790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brite Coatings was incorporated on 28 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Chirag Dalip Vaswani was appointed as Director on 30 Jun 2017. Bhavesh Dalip Vaswani was appointed as Director on 13 Jul 2016. Dalip Nanikram Vaswani was appointed as Director on 10 Jul 2003. Brite Coatings has 4 board changes on record in total.
Yes, Brite Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0017358).
Brite Coatings has 13 MSME Form 1 returns on record between 2019 and 2024, listing 142 overdue payments to 14 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Brite Coatings can be reached through the website britecoatings.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Brite Coatings is at Plot No.C – 352 T.T.C.Industrial Area Pawane Navi Mumbai, Thane, Maharashtra, India – 400705.
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