Dwarkesh Coating Private Limited
About Dwarkesh Coating Private Limited
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Dwarkesh Coating Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 16 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24220GJ2006PTC047524. Its GSTIN is 24AAFFD1737N1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varsha Virendra Shah and Virendrakumar Chandulal Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 3/A Anand Industrial Estate Opp. Yamuna Mill Dabhoi Road, Vadodara, Gujarat, India – 390004.
As per the financials filed for FY 2019, the company reported a revenue of ₹20.74 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹3.72 Lakh (net margin -17.9%) and EBITDA of -₹2.59 Lakh (EBITDA margin -12.5%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dwarkesh Coating Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/A Anand Industrial Estate Opp. Yamuna Mill Dabhoi Road, Vadodara, Gujarat, India – 390004
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Dwarkesh Coating 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
Business activity
The main business activity of Dwarkesh Coating 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 Dwarkesh Coating Private Limited, buy the company report.
Financials of Dwarkesh Coating Private Limited
FY 2019 filings availableDwarkesh Coating Private Limited reported revenue of ₹20.74 Lakh (down 81% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 81% fall in the latest year. EBITDA fell 133% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹20.74 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.72 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 | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.5% | ||||
| Net Profit Margin | -17.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Dwarkesh Coating Private Limited, buy the company report.
Board of directors of Dwarkesh Coating Private Limited
Dwarkesh Coating has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Virendra Shah Also directs: Omkar Innovative Paints Private Limited | Director | 16 Jan 2006 | 20 Years 9 Months | Current |
| Virendrakumar Chandulal Shah Also directs: Omkar Innovative Paints Private Limited | Director | 16 Jan 2006 | 20 Years 9 Months | Current |
Peer comparison
Dwarkesh Coating Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Asterix Pigments and Paints Private Limited | ₹22.13 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Cementolime Sustainable Coatings Private Limited | ₹21.86 Lakh (FY 2025) | Ratan Lal Nagar, Uttar Pradesh, India | ||||
| Duralife Wallcare Paints Private Limited | ₹20.81 Lakh (FY 2018) | Patna, Bihar, India | ||||
| Dwarkesh Coating Private Limitedthis company | ₹20.74 Lakh (FY 2019) | -₹3.72 Lakh | -17.9% | -81.0% | Vadodara, Gujarat, India | |
| Happy Paints Private Limited | ₹20.42 Lakh (FY 2024) | -33.0% | Uttar Pradesh, India |
To see the full peer comparison of Dwarkesh Coating Private Limited, buy the company report.
Auditor
Dwarkesh Coating Private Limited is audited by VIRAL K SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRAL K SHAH & ASSOCIATES | FY 2019 | 124564W |
Shareholding
The shareholding of Dwarkesh Coating Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dwarkesh Coating Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dwarkesh Coating Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dwarkesh Coating Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dwarkesh Coating has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFFD1737N1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dwarkesh Coating Private Limited, buy the company report.
Recent activity
Dwarkesh Coating Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Varsha Virendra Shah was appointed as Director on 16 Jan 2006.
Frequently asked questions
Dwarkesh Coating is an active private limited company based in Vadodara, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 16 January 2006 (20+ years old) and is registered under CIN U24220GJ2006PTC047524.
Dwarkesh Coating has 2 current directors:
- Varsha Virendra Shah - Director
- Virendrakumar Chandulal Shah - Director
The latest financial statements of Dwarkesh Coating on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Dwarkesh Coating is 24AAFFD1737N1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Dwarkesh Coating is U24220GJ2006PTC047524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dwarkesh Coating was incorporated on 16 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dwarkesh Coating by revenue are Asterix Pigments and Paints Private Limited, Cementolime Sustainable Coatings Private Limited, Duralife Wallcare Paints Private Limited, Happy Paints Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Varsha Virendra Shah was appointed as Director on 16 Jan 2006. Virendrakumar Chandulal Shah was appointed as Director on 16 Jan 2006.
The registered office of Dwarkesh Coating is at 3A Anand Industrial Estate Opp. Yamuna Mill Dabhoi Road, Vadodara, Gujarat, India – 390004.
Dwarkesh Coating operates in the manufacturing industry, in the paint and coatings segment.
The compliance status of Dwarkesh Coating is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
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