Decolite Paints Pvt Ltd
About Decolite Paints Pvt Ltd
Data last updated:
Decolite Paints Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 17 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24222MH1993PTC072020. Its GSTIN is 27AAACD6440Q1ZA (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Shubhangi Prashant Ambekar and Prashant Anil Ambekar.
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 47/8 Erandwana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.29 Cr. For the same year it recorded a net loss of ₹53.54 Lakh (net margin -41.3%) and EBITDA of -₹34.82 Lakh (EBITDA margin -26.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.8 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address47/8 Erandwana, Pune, Maharashtra, India – 411004
- IndustryManufacturing, Paint & Coatings
- 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
- One PDF report, delivered after checkout
Business Activity of Decolite Paints Pvt Ltd
The main business activity of Decolite Paints is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Decolite Paints Pvt Ltd FY 2025 filings available
Decolite Paints Pvt Ltd reported revenue of ₹1.29 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR) of Decolite Paints Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 14% 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 of Decolite Paints Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.29 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹34.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹53.54 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 of Decolite Paints Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -41.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Decolite Paints are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Decolite Paints Pvt Ltd
Decolite Paints Pvt Ltd is audited by R S V A & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R S V A & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Decolite Paints Pvt Ltd
Decolite Paints has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Anil Ambekar Also directs: Ambekar Colours Private Limited, Ambekar Paints Private Limited | Additional Director | 10 Jan 2024 | 2 Years 8 Months | Current |
| Shubhangi Prashant Ambekar | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
Ownership and Shareholding of Decolite Paints Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Decolite Paints Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2011 | Indian Overseas Bank Karve Road Branch | ₹25.8 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Decolite Paints Pvt Ltd
Decolite Paints Pvt Ltd has 2 court cases on record: 1 filed by Decolite Paints, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Catalis Packaging Technologies | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Decolite Paints Pvt Ltd
Decolite Paints Pvt Ltd has a workforce of 13 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Decolite Paints Pvt Ltd
Decolite Paints Pvt Ltd has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Prashant Anil Ambekar was appointed as Additional Director on 10 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Decolite Paints Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Decolite Paints Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Decolite Paints Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Decolite Paints Pvt Ltd
Decolite Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD6440Q1ZA | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Decolite Paints Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Decolite Paints Pvt Ltd
Decolite Paints is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 17 May 1993 (33+ years old) and is registered under CIN U24222MH1993PTC072020.
Decolite Paints reported revenue of ₹1.29 Cr for FY 2022.
Decolite Paints has 2 current directors:
- Prashant Anil Ambekar - Additional Director
- Shubhangi Prashant Ambekar - Director
Decolite Paints reported a net loss of ₹53.54 Lakh (net margin -41.3%) and EBITDA of -₹34.82 Lakh (EBITDA margin -26.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Decolite Paints is -12% over three years and -14% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Decolite Paints is 27AAACD6440Q1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Decolite Paints is U24222MH1993PTC072020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decolite Paints has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Decolite Paints was incorporated on 17 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
Prashant Anil Ambekar was appointed as Additional Director on 10 Jan 2024. Anil Waman Ambekar ceased to be Director on 14 Dec 2023. Shubhangi Prashant Ambekar was appointed as Director on 01 Mar 2019. Decolite Paints has 7 board changes on record in total.