Coastal Organics Private Limited
About Coastal Organics Private Limited
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Coastal Organics Private Limited is a private limited company based in Khopoli, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 31 January 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1985PTC055690. Its GSTIN is 27AAACC2200K1Z5 (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayram Subbanna Shetty and Rajashree Shetty.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No. 9 Durgesh Co – Operative Housing Society Patankar Wada, Khopoli, Maharashtra, India – 410203.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.48 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net loss of ₹74.21 Lakh (net margin -11.5%) and EBITDA of -₹29.3 Lakh (EBITDA margin -4.5%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 105% over five years.
As per MCA filings, the company has open charges of ₹70 Lakh and satisfied charges of ₹24.5 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Coastal Organics has one previous CIN (Corporate Identification Number): U24110MH1990PTC055690. The current CIN is U24110MH1985PTC055690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1985PTC055690 | Current |
| U24110MH1990PTC055690 | Previous |
Contact details
Coastal Organics Private Limited's registered office is in Khopoli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 9 Durgesh Co – Operative Housing Society Patankar Wada, Khopoli, Maharashtra, India – 410203
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Coastal Organics 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
Financials of Coastal Organics Private Limited
FY 2019 filings availableCoastal Organics Private Limited reported revenue of ₹6.48 Cr (up 134% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 105% over five years, including 134% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.48 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹74.21 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | ||||
| Net Profit Margin | -11.5% | ||||
| 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 Coastal Organics Private Limited, buy the company report.
Board of directors of Coastal Organics Private Limited
Coastal Organics has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayram Subbanna Shetty | Director | 02 Sep 2015 | 11 Years 2 Months | Current |
| Rajashree Shetty | Director | 02 Sep 2015 | 11 Years 2 Months | Current |
Shareholding
The shareholding of Coastal Organics Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Coastal Organics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2017 | 100148284 | Others | ₹70 Lakh | Open | |
| 28 Sep 2002 | 80035488 | Bank of India | ₹24.5 Lakh | Satisfied |
To see the full charge records of Coastal Organics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Coastal Organics Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Gujarat Containers Limited - Subhash Sidhgopal Rana | Disposed |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed against the company by Saraswat Co Op Bank Ltd Through Its Authorized Officer Mr Sunil Rambahadur Singh | Pending |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed against the company by Saraswat Co. Op. Bank Ltd. Through Sunil Singh | Disposed |
To see the full case history of Coastal Organics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coastal Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coastal Organics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2200K1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coastal Organics Private Limited, buy the company report.
Recent activity
Coastal Organics Private Limited has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Skaria Skaria Mulakelethu ceased to be Director on 27 Feb 2018.
8 earlier events are in the company report.
Frequently asked questions
Coastal Organics is an active private limited company based in Khopoli, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 31 January 1985 (41+ years old) and is registered under CIN U24110MH1985PTC055690.
Coastal Organics has 2 current directors:
- Jayram Subbanna Shetty - Director
- Rajashree Shetty - Director
The latest financial statements of Coastal Organics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Coastal Organics is 27AAACC2200K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Coastal Organics is U24110MH1985PTC055690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coastal Organics has 3 court cases on record: 3 filed against it. 1 is pending.
Coastal Organics was incorporated on 31 January 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Skaria Skaria Mulakelethu ceased to be Director on 27 Feb 2018. Susan Skaria ceased to be Director on 14 Dec 2015. Jayram Subbanna Shetty ceased to be Additional Director on 30 Sep 2015. Coastal Organics has 14 board changes on record in total.
The registered office of Coastal Organics is at Flat No. 9 Durgesh Co – Operative Housing Society Patankar Wada, Khopoli, Maharashtra, India – 410203.
Coastal Organics operates in the chemicals and materials industry, in the industrial chemicals segment.
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