MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0118585
Ecopaints Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹33.66 Cr
▲ 29% YoY
Net profit · FY 2024
₹2.89 Cr
Net margin 8.6%
EBITDA · FY 2024
₹5.34 Cr
EBITDA margin 15.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹7.42 Cr
Satisfied ₹98.93 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
29
Provident fund records
About Ecopaints Private Limited
Data last updated:
Ecopaints Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 14 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24220GJ2011PTC066354. Its GSTIN is 24AACCE7712Q1ZC (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Rameshbhai Mohanlal Patel and Maulik Rameshbhai Patel.
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 Block No. 31 & 32 Chacharwadi Ta. Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.66 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹2.89 Cr (net margin 8.6%) and EBITDA of ₹5.34 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 20% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Eco Paints. As per MCA filings, the company has open charges of ₹7.42 Cr and satisfied charges of ₹98.93 Lakh on record. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹74 Lakh; the latest was in March 2019. Its 5 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 3 smaller; the largest is Kupsa Coatings Private Limited with revenue of ₹34.29 Cr.
Ecopaints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0118585). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecopaints.co.in.
Company details
CIN U24220GJ2011PTC066354
Registration Number 066354
Incorporation Date 14 July 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0118585
Key People
Rameshbhai Mohanlal Patel Director Maulik Rameshbhai Patel Director Ranjanbahen Rameshbhai Patel Director Recognitions & Rankings of Ecopaints
Contact details
Ecopaints Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ecopaints.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 31 & 32 Chacharwadi Ta. Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Ecopaints Private Limited, buy the company report.
Comprehensive company report
Ecopaints 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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Brands
Ecopaints operates one associated brand: Eco Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paint and coating solutions for architectural and industrial projects. | ecopaints.co.in |
Business activity
The main business activity of Ecopaints 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 Ecopaints Private Limited, buy the company report.
Financials of Ecopaints Private Limited
FY 2025 filings availableEcopaints Private Limited reported revenue of ₹33.66 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹33.66 Cr ▲ 29%
Net profit · FY 2024
₹2.89 Cr margin 8.6%
EBITDA · FY 2024
₹5.34 Cr margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 35%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 52%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 29% growth in the latest year. EBITDA rose 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.89 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ecopaints Private Limited, buy the company report.
Board of directors of Ecopaints Private Limited
Ecopaints has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Mohanlal Patel Also directs: Metro Shine LLP, Metro Shine Private Limited | Director | 14 Jul 2011 | 15 Years 3 Months | Current |
| Maulik Rameshbhai Patel Also directs: Metro Shine LLP | Director | 14 Jul 2011 | 15 Years 3 Months | Current |
| Ranjanbahen Rameshbhai Patel | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Ecopaints Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kupsa Coatings Private Limited | ₹34.29 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Indocem Colours Private Limited | ₹33.87 Cr (FY 2025) | 10.0% | Harohalli, Karnataka, India | |||
| Ecopaints Private Limitedthis company | ₹33.66 Cr (FY 2024) | ₹2.89 Cr | 8.6% | 29.0% | 29 | Ahmedabad, Gujarat, India |
| P.C.Chanda & Co. Private Limited | ₹33.43 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Haryana Coating Private Limited | ₹32.8 Cr (FY 2025) | -8.0% | Faridabad, Haryana, India | |||
| Tulsi Chemicals and Paints Private Limited | ₹32.52 Cr (FY 2024) | -3.0% | Nanded, Maharashtra, India |
To see the full peer comparison of Ecopaints Private Limited, buy the company report.
Auditor
Ecopaints Private Limited is audited by BABUBHAI PATEL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BABUBHAI PATEL & CO | FY 2023 | 9376 |
Shareholding
The shareholding of Ecopaints 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 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 Ecopaints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.42 Cr
Satisfied charges
₹98.93 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2022 | 100591559 | The Kalupur Commercial Co-Operative Bank Limited | ₹97.5 Lakh | Open | |
| 15 Mar 2021 | 100440299 | Hdfc Bank Limited | ₹7 Lakh | Open | |
| 10 Aug 2017 | 100118479 | The Kalupur Commercial Co-Operative Bank Limited | ₹6.38 Cr | Open | |
| 05 Oct 2017 | 100127519 | The Kalupur Commercial Co-Operative Bank Limited | ₹5.93 Lakh | Satisfied | |
| 13 Jan 2017 | 100076480 | The Kalupur Commercial Co-Operative Bank Limited | ₹18 Lakh | Satisfied |
To see the full charge records of Ecopaints Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ecopaints Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹74 Lakh; the latest was in March 2019.
Total deals
3
Funding rounds
3
Disclosed funding
₹74 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹25 Lakh | Investors: 4 individuals |
| Aug 2017 | Funding round | ₹35 Lakh | Investors: 4 individuals |
| Jun 2012 | Funding round | ₹14 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ecopaints 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 Ecopaints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ecopaints has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Ecopaints Private Limited has a workforce of 29 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
31.82%
GST
Ecopaints has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE7712Q1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ecopaints Private Limited, buy the company report.
Recent activity
Ecopaints Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Ranjanbahen Rameshbhai Patel was appointed as Director on 21 Feb 2024.
AGM
Ecopaints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ecopaints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ranjanbahen Rameshbhai Patel was appointed as Director.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 6.38 Cr registered on 10 Aug 2017 with Charge ID 100118479 was modified on 26 Jul 2023.
Ceased
Rupalben Nimeshkumar Patel ceased to be Director.
Ceased
Falguniben Harshadkumar Patel ceased to be Director.
Ceased
Harshadkumar Kanubhai Patel ceased to be Director.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 0.98 Cr with Charge ID 100591559 was registered on 05 Jul 2022.
Charges
A charge registered on 13 Jan 2017 via Charge ID 100076480 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 01 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100440299 was registered on 15 Mar 2021.
Charges
A charge registered on 05 Oct 2017 via Charge ID 100127519 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 21 Sep 2020.
Charges
A charge registered on 07 Oct 2013 via Charge ID 10453112 with The Mehsana Urban Co-Op Bank Ltd was fully satisfied on 12 Jun 2018.
9 earlier events are in the company report.
Frequently asked questions
Ecopaints is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 14 July 2011 (15+ years old) and is registered under CIN U24220GJ2011PTC066354.
Ecopaints has 3 current directors:
- Rameshbhai Mohanlal Patel - Director
- Maulik Rameshbhai Patel - Director
- Ranjanbahen Rameshbhai Patel - Director
The latest financial statements of Ecopaints 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 Ecopaints is 24AACCE7712Q1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Ecopaints is U24220GJ2011PTC066354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecopaints was incorporated on 14 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ecopaints has 3 deals on record (3 funding rounds), with disclosed funding of ₹74 Lakh; the latest was in March 2019.
The peers of Ecopaints by revenue are Kupsa Coatings Private Limited, Indocem Colours Private Limited, P.C.Chanda & Co. Private Limited, Haryana Coating Private Limited, Tulsi Chemicals and 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).
Ranjanbahen Rameshbhai Patel was appointed as Director on 21 Feb 2024. Rupalben Nimeshkumar Patel ceased to be Director on 27 Feb 2023. Falguniben Harshadkumar Patel ceased to be Director on 03 Jan 2023. Ecopaints has 6 board changes on record in total.
Yes, Ecopaints is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0118585).
Ecopaints can be reached through the website ecopaints.co.in. Its registered office is in Ahmedabad, Gujarat, India.