- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0024259

About Damani Dyestuff Limited
Data last updated:
Damani Dyestuff Limited is a public limited company based in Bharuch, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 17 June 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ1977PLC003018. Its GSTIN is 24AAACD1572H1Z0 (Gujarat). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Anand Girdhardas Damani and Govinddas Badridas Damani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 174 / 176 G I D Cankleshwar, Bharuch, Gujarat, India – 393002.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.23 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹65.8 Lakh (net margin 1.8%) and EBITDA of ₹1.86 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.65 Cr on record. Court records list 21 cases involving the company, including 13 filed by the company and 8 filed against it; 6 cases are pending.
Damani Dyestuff Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0024259). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website renovocoatings.com.
Company details
Recognitions & Rankings of Damani Dyestuff
Contact details
Damani Dyestuff Limited's registered office is in Bharuch, Gujarat. Its website is renovocoatings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address174 / 176 G I D Cankleshwar, Bharuch, Gujarat, India – 393002
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Damani Dyestuff 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 Damani Dyestuff is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Damani Dyestuff Limited, buy the company report.
Financials of Damani Dyestuff Limited
FY 2025 filings availableDamani Dyestuff Limited reported revenue of ₹37.23 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 31% 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 | ₹1.86 Cr | ||||
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| Net Profit (PAT) | ₹65.8 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 | 5% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Damani Dyestuff Limited, buy the company report.
Board of directors of Damani Dyestuff Limited
Damani Dyestuff has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Girdhardas Damani | Director | 31 Aug 1998 | 28 Years 2 Months | Current |
| Govinddas Badridas Damani | Director | 17 Jun 1977 | 49 Years 4 Months | Current |
| Ashish Govinddas Damani Also directs: Creative Propack Limited, Creative Proplast Limited | Director | 07 Jun 2001 | 25 Years 5 Months | Current |
Peer comparison
Damani Dyestuff Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajesh Chemicals Private Limited | ₹38.63 Cr (FY 2024) | 71.0% | Ranchi, Jharkhand, India | |||
| Deb Paints Pvt Ltd | ₹38.37 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Aekyung Chemtech India Private Limited | ₹37.4 Cr (FY 2024) | 13.0% | New Delhi, Delhi, India | |||
| Damani Dyestuff Limitedthis company | ₹37.23 Cr (FY 2025) | ₹65.8 Lakh | 1.8% | -8.0% | Bharuch, Gujarat, India | |
| Integrated Coating and Seed Technology India Private Limited | ₹37.07 Cr (FY 2025) | 26.0% | Navi Mumbai, Maharashtra, India | |||
| Geneous Paint Private Limited | ₹36.66 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Rajdhani Paints Pvt Ltd | ₹36.48 Cr (FY 2025) | 22.0% | Delhi, India |
To see the full peer comparison of Damani Dyestuff Limited, buy the company report.
Auditor
Damani Dyestuff Limited is audited by A.P.RAJAGOPALAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.P.RAJAGOPALAN & CO | FY 2022 | 108321W |
Shareholding
The shareholding of Damani Dyestuff 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 Damani Dyestuff Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2025 | 101135797 | Others | ₹1.15 Cr | Open | |
| 27 Dec 2019 | 100319382 | Hdfc Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Damani Dyestuff Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Damani Dyestuff Limited has 21 court cases on record: 13 filed by Damani Dyestuff, 8 filed against it. 6 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 0 |
| District courts | 10 | 2 | 6 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against M/S. Aditya Housing and Infrastructure Development Corporation (P) Ltd and 1 other | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against M/S. Sidhiratan Construction Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Unity Infraprojects Ltd | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Shirdi Country Inns Pvt. Ltd. | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against M/S. Aditya Housing and Infrastructing Development Corporation P Ltd. and 1 other | Disposed |
To see the full case history of Damani Dyestuff 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 Damani Dyestuff Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Damani Dyestuff has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD1572H1Z0 | Gujarat | Active | 01 Jul 2017 |
| 19AAACD1572H1ZR | West Bengal | Active | 01 Jul 2017 |
| 27AAACD1572H1ZU | Maharashtra | Active | 01 Jul 2017 |
| 29AAACD1572H1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Damani Dyestuff Limited, buy the company report.
Recent activity
Damani Dyestuff Limited has 5 board changes on record since 1977: 3 appointments and 2 cessations. The latest: Kamal Kumar Gaurishankar Tapuriah ceased to be Director on 02 Mar 2025.
Frequently asked questions
Damani Dyestuff is an active public limited company based in Bharuch, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 17 June 1977 (49+ years old) and is registered under CIN U24299GJ1977PLC003018.
Damani Dyestuff has 3 current directors:
- Anand Girdhardas Damani - Director
- Govinddas Badridas Damani - Director
- Ashish Govinddas Damani - Director
The latest financial statements of Damani Dyestuff on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Damani Dyestuff is 24AAACD1572H1Z0, registered in Gujarat. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACD1572H1ZR (West Bengal), 27AAACD1572H1ZU (Maharashtra), 29AAACD1572H1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Damani Dyestuff is U24299GJ1977PLC003018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damani Dyestuff has 21 court cases on record: 13 filed by the company and 8 filed against it. 6 are pending. Most are in the high courts.
Damani Dyestuff was incorporated on 17 June 1977, making it 49+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Damani Dyestuff by revenue are Rajesh Chemicals Private Limited, Deb Paints Pvt Ltd, Aekyung Chemtech India Private Limited, Integrated Coating and Seed Technology India Private Limited, Geneous Paint Private Limited and 1 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Kamal Kumar Gaurishankar Tapuriah ceased to be Director on 02 Mar 2025. Girdhardas Kedarnath Damani ceased to be Director on 21 Jan 2011. Ashish Govinddas Damani was appointed as Director on 07 Jun 2001. Damani Dyestuff has 5 board changes on record in total.
Yes, Damani Dyestuff is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0024259).
Damani Dyestuff can be reached through the website renovocoatings.com. Its registered office is in Bharuch, Gujarat, India.

