Epcoat Spray Tech Private Limited
About Epcoat Spray Tech Private Limited
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Epcoat Spray Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 03 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC232862. Its GSTIN is 27AABCW2677D1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Wagner Spray Tech India Private Limited. It is led by directors Harshit Surendra Shah and Vaishali Harshit Shah.
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 207 Nav Vivek Industrial Premises Society Mogul Lane Mahim (W), Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.01 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹9.29 Lakh (net margin 0.7%) and EBITDA of ₹15.5 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address207 Nav Vivek Industrial Premises Society Mogul Lane Mahim (W), Mumbai, Maharashtra, India – 400016
- 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 Epcoat Spray Tech Private Limited
The main business activity of Epcoat Spray Tech 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 Epcoat Spray Tech Private Limited FY 2025 filings available
Epcoat Spray Tech Private Limited reported revenue of ₹14.01 Cr (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Epcoat Spray Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 93% growth in the latest year. EBITDA rose 441% 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 of Epcoat Spray Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹15.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.29 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 Epcoat Spray Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Epcoat Spray Tech 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.
Peer Comparison of Epcoat Spray Tech Private Limited
Epcoat Spray Tech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paints). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Novatic Coatings Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Acme Paints & Resin Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Goa Paints and Allied Products Private Limited | •••• | •••• | •••• | •••• | - | Panaji, Goa, India |
| Sirohi Chemtech Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Western India Paint & Colour Company Private Limited | •••• | •••• | •••• | •••• | - | Chengalpattu, Tamil Nadu, India |
| Epcoat Spray Tech Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vishwkarma Impex Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Maasharda Wallcare Private Limited | •••• | •••• | •••• | •••• | 14 | Katni, Madhya Pradesh, India |
| Hindustan Coatings Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Supercoat Paints Private Limited | •••• | •••• | •••• | •••• | 29 | Karnataka, India |
| Narula Paints Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Epcoat Spray Tech by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Epcoat Spray Tech Private Limited
Epcoat Spray Tech Private Limited is audited by NIRANJAN V SHAH & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRANJAN V SHAH & ASSOCIATES | 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 Epcoat Spray Tech Private Limited
Epcoat Spray Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Surendra Shah | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
| Vaishali Harshit Shah | Director | 03 Jul 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of Epcoat Spray Tech Private Limited
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 Epcoat Spray Tech Private Limited
Epcoat Spray Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Epcoat Spray Tech Private Limited
Employment history and EPFO contributions of people linked to Epcoat Spray Tech.
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 Epcoat Spray Tech Private Limited
Epcoat Spray Tech Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Nilesh Chandrakant Shah ceased to be Director on 13 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Epcoat Spray Tech Private Limited
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 Epcoat Spray Tech Private Limited
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 Epcoat Spray Tech Private Limited
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 Epcoat Spray Tech Private Limited
Epcoat Spray Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW2677D1ZA | 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 Epcoat Spray Tech Private Limited
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 Epcoat Spray Tech Private Limited
Epcoat Spray Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 03 July 2012 (14+ years old) and is registered under CIN U74900MH2012PTC232862.
Epcoat Spray Tech reported revenue of ₹14.01 Cr for FY 2025 (up 93% YoY).
Epcoat Spray Tech has 2 current directors:
- Harshit Surendra Shah - Director
- Vaishali Harshit Shah - Director
Epcoat Spray Tech reported a net profit of ₹9.29 Lakh (net margin 0.7%) and EBITDA of ₹15.5 Lakh (EBITDA margin 1.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Epcoat Spray Tech is -7% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 93%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Epcoat Spray Tech is 27AABCW2677D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Epcoat Spray Tech is U74900MH2012PTC232862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epcoat Spray Tech was incorporated on 03 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Epcoat Spray Tech by revenue are Novatic Coatings Private Limited, Acme Paints & Resin Private Limited, Goa Paints and Allied Products Private Limited, Sirohi Chemtech Private Limited, Western India Paint & Colour Company Private Limited and 5 more, all in the Manufacturing industry (Paints).
Nilesh Chandrakant Shah ceased to be Director on 13 Dec 2023. Harshit Surendra Shah was appointed as Director on 03 Jul 2012. Vaishali Harshit Shah was appointed as Director on 03 Jul 2012.
The registered office of Epcoat Spray Tech is at 207 Nav Vivek Industrial Premises Society Mogul Lane Mahim W, Mumbai, Maharashtra, India – 400016.