Delta Hitech Coatings Private Limited

Delta Hitech Coatings Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U21000GJ2010PTC093026 Incorporated 14 May 2010 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Small
Revenue · FY 2024
₹9.6 Cr
▲ 13% YoY
Net loss · FY 2024
₹52.41 Lakh
Net margin -5.5%
EBITDA · FY 2024
-₹21.86 Lakh
EBITDA margin -2.3%
Authorised capital
₹5.25 Cr
Registered with MCA
Paid-up capital
₹2.16 Cr
Issued & subscribed
Open charges
₹35.26 Cr
Satisfied ₹3.95 Cr
Company age
16 yrs
Est. 2010
Directors on board
4
As per MCA filings

About Delta Hitech Coatings Private Limited

Data last updated:

Delta Hitech Coatings Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 14 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2010PTC093026. Its GSTIN is 24AADCD4696F1ZM (Gujarat). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹2.16 Cr. It was formerly known as Delta Hitech Coating Private Limited. It is led by directors including Vedant Piyush Patel and Piyush Natvarlal Patel.

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. 2415 Road No.2 Behind Sudha Dyeing GIDC Sachin, Surat, Gujarat, India – 394230.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.6 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹52.41 Lakh (net margin -5.5%) and EBITDA of -₹21.86 Lakh (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹35.26 Cr and satisfied charges of ₹3.95 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 8 cases are pending.

Delta Hitech Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0239411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website macsonproducts.com.

Company details

CIN U21000GJ2010PTC093026
Registration Number 093026
Incorporation Date 14 May 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0239411

CIN history

Delta Hitech Coatings has one previous CIN (Corporate Identification Number): U21000PN2010PTC136334. The current CIN is U21000GJ2010PTC093026, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U21000GJ2010PTC093026Current
U21000PN2010PTC136334Previous
Key People
Vedant Piyush Patel Director Piyush Natvarlal Patel Director Keyurbhai Narendrakumar Patel Director

Recognitions & Rankings of Delta Hitech Coatings

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-GJ-22-0239411

Contact details

Delta Hitech Coatings Private Limited's registered office is in Surat, Gujarat. Its website is macsonproducts.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    macsonproducts.com
  • Registered Address
    Plot No. 2415 Road No.2 Behind Sudha Dyeing GIDC Sachin, Surat, Gujarat, India – 394230
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Delta Hitech Coatings Private Limited, buy the company report.

Comprehensive company report
Delta Hitech 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 Delta Hitech Coatings is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Delta Hitech Coatings Private Limited, buy the company report.

Financials of Delta Hitech Coatings Private Limited

FY 2024 filings available

Delta Hitech Coatings Private Limited reported revenue of ₹9.6 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹9.6 Cr ▲ 13%
Net loss · FY 2024
₹52.41 Lakh margin -5.5%
EBITDA · FY 2024
-₹21.86 Lakh margin -2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 19%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 143%
3 years · compounded
▼ 29%
5 years · compounded
▼ 17%

Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 143% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹21.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹52.41 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-2.3%
Net Profit Margin-5.5%
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 Delta Hitech Coatings Private Limited, buy the company report.

Board of directors of Delta Hitech Coatings Private Limited

Delta Hitech Coatings has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vedant Piyush Patel
Also directs: Macson Color Chem Private Limited, Arkionex Energy Systems Private Limited
Director12 Mar 20224 Years 8 MonthsCurrent
Piyush Natvarlal Patel
Also directs: Macson Color Chem Private Limited, Macson Vinyl Sulfone Limited Liability Partnership, Globe Enviro Care Limited
Director01 Nov 201214 Years 0 MonthsCurrent
Keyurbhai Narendrakumar Patel
Also directs: Rinku Lifesciences LLP, Macson Color Chem Private Limited
Director05 Nov 20188 Years 0 MonthsCurrent
Ronak Narendrabhai Patel
Also directs: Rinku Lifesciences LLP, Macson Color Chem Private Limited
Director06 Sep 201313 Years 2 MonthsCurrent
View all directors

Peer comparison

Delta Hitech Coatings Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Advent Dyestuffs and Chemicals Pvt Ltd₹9.98 Cr (FY 2024)-45.0%Valsad, Gujarat, India
Dytint Specialities Private Limited₹9.89 Cr (FY 2022)-32.0%Ahmedabad, Gujarat, India
Shidimo Interaux Pvt Ltd₹9.83 Cr (FY 2024)-28.0%Surat, Gujarat, India
Mahalaxmi Calchem Private Limited₹9.71 Cr (FY 2024)18.0%Ahmedabad, Gujarat, India
Delta Hitech Coatings Private Limitedthis company₹9.6 Cr (FY 2024)-₹52.41 Lakh-5.5%13.0%Surat, Gujarat, India
Sun Colorants Private Limited₹9.54 Cr (FY 2025)18.0%Mumbai, Maharashtra, India
Shraddha Finechem Private Limited₹9.51 Cr (FY 2025)6.0%Bharuch, Gujarat, India
Perfecto Textil Chemicals Private Limited₹9.49 Cr (FY 2025)36.0%Mumbai, Maharashtra, India
Standardcon Private Limited₹9.42 Cr (FY 2025)25.0%Navi Mumbai, Maharashtra, India

To see the full peer comparison of Delta Hitech Coatings Private Limited, buy the company report.

Auditor

Delta Hitech Coatings Private Limited is audited by V P N & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V P N & CO.FY 2023135348W

Shareholding

The shareholding of Delta Hitech Coatings 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Delta Hitech Coatings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹35.26 Cr
Satisfied charges
₹3.95 Cr
Breakdown by lending institutions
Others₹23.91 Cr
Standard Chartered Bank₹11.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Dec 2020100401666Others₹3.66 CrOpen
15 Oct 2019100298166Standard Chartered Bank₹11.35 CrOpen
25 Sep 2019100296070Others₹20.25 CrOpen
16 Mar 2017100089098Others₹3 CrSatisfied
08 Apr 201110283754Bank of Maharashtra₹45 LakhSatisfied

To see the full charge records of Delta Hitech Coatings Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

Delta Hitech Coatings Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 29 overdue payments to 17 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 17)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Madiya Salt Industries
an individual supplier
an individual supplier

To see the full MSME payment records of Delta Hitech Coatings Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Delta Hitech Coatings has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AADCD4696F1ZMGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Delta Hitech Coatings Private Limited, buy the company report.

Recent activity

Delta Hitech Coatings Private Limited has 12 board changes on record since 2010: 8 appointments and 4 cessations. The latest: Vedant Piyush Patel was appointed as Director on 12 Mar 2022.

AGM
Delta Hitech Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Delta Hitech Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Vedant Piyush Patel was appointed as Director.
Charges
A charge with Standard Chartered Bank of Rs. 11.35 Cr registered on 15 Oct 2019 with Charge ID 100298166 was modified on 27 Jan 2021.
Charges
A charge with Others amounted to Rs. 3.66 Cr with Charge ID 100401666 was registered on 29 Dec 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 11.35 Cr with Charge ID 100298166 was registered on 15 Oct 2019.
Charges
A charge with Others amounted to Rs. 20.25 Cr with Charge ID 100296070 was registered on 25 Sep 2019.
Charges
A charge registered on 16 Mar 2017 via Charge ID 100089098 with Others was fully satisfied on 16 May 2019.
Appointed
Keyurbhai Narendrakumar Patel was appointed as Director.
Ceased
Yogesh Mehta Virchand ceased to be Director.
Ceased
Ajitkumar Virchand Mehta ceased to be Director.
Charges
A charge with Others of Rs. 3.00 Cr registered on 16 Mar 2017 with Charge ID 100089098 was modified on 27 Mar 2017.

14 earlier events are in the company report.

Frequently asked questions

Delta Hitech Coatings is an active private limited company based in Surat, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 14 May 2010 (16+ years old) and is registered under CIN U21000GJ2010PTC093026.

Delta Hitech Coatings has 4 current directors:

The latest financial statements of Delta Hitech 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 Delta Hitech Coatings is 24AADCD4696F1ZM, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Delta Hitech Coatings is U21000GJ2010PTC093026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Delta Hitech Coatings has 12 court cases on record: 1 filed by the company and 11 filed against it. 8 are pending. Most are in the nclat.

Delta Hitech Coatings was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Delta Hitech Coatings by revenue are Advent Dyestuffs and Chemicals Pvt Ltd, Dytint Specialities Private Limited, Shidimo Interaux Pvt Ltd, Mahalaxmi Calchem Private Limited, Sun Colorants Private Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Vedant Piyush Patel was appointed as Director on 12 Mar 2022. Keyurbhai Narendrakumar Patel was appointed as Director on 05 Nov 2018. Yogesh Mehta Virchand ceased to be Director on 12 Oct 2018. Delta Hitech Coatings has 12 board changes on record in total.

Yes, Delta Hitech Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0239411).

Delta Hitech Coatings has 3 MSME Form 1 returns on record between 2019 and 2023, listing 29 overdue payments to 17 micro and small suppliers. The latest return was filed on 27 Aug 2023.

Delta Hitech Coatings can be reached through the website macsonproducts.com. Its registered office is in Surat, Gujarat, India.