Essen Paints Private Limited
About Essen Paints Private Limited
Data last updated:
Essen Paints Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the paint and coatings segment of the manufacturing sector. It was incorporated on 26 February 1985.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1985PTC020280. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.19 Lakh. It was led by directors including Renuka Ahuja and Divey Ahuja.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at C – 9 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2023, the company reported a revenue of ₹54,568, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹28,777 (net margin 52.7%) and EBITDA of ₹38,917 (EBITDA margin 71.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has 6 deals on record (6 secondary share transfers); the latest was in March 2023. Its 10 peer companies in the Manufacturing industry (Paints) are compared by revenue, 5 larger and 5 smaller; the largest is Indian Paints and Chemicals Pvt Ltd with revenue of ₹73,775.
Company details
Contact details
Essen Paints Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 9 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Essen Paints 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
Financials of Essen Paints Private Limited
FY 2023 filings availableEssen Paints Private Limited reported revenue of ₹54,568 (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 2% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹38,917 | ||||
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| Net Profit (PAT) | ₹28,777 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 71.3% | ||||
| Net Profit Margin | 52.7% | ||||
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To see the full financial statements and ratios of Essen Paints Private Limited, buy the company report.
Board of directors of Essen Paints Private Limited
Essen Paints has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Ahuja Also directs: Asian Petrochemicals (India) LLP, Essen Paints (India) Private Ltd, Essen Paints LLP and 5 more | Director | 30 Sep 2014 | 12 Years 0 Months | As last reported |
| Divey Ahuja Also directs: Yokostone India LLP, Yokostonne Industries Limited Liability Partnership, Acl Yokostone India LLP and 5 more | Director | 31 Aug 1995 | 31 Years 1 Months | As last reported |
| Sushil Kumar Ahuja Also directs: Yokostone India LLP, Yokostonne Industries Limited Liability Partnership, Acl Yokostone India LLP and 5 more | Director | 24 Jan 2024 | 2 Years 8 Months | As last reported |
Peer comparison
Essen Paints Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indian Paints and Chemicals Pvt Ltd | ₹73,775 (FY 2024) | 11.0% | Cuttack, Odisha, India | |||
| Epcoat Surface Finishing Technologies Private Limited | ₹72,100 (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Truecem Wonder Colours Private Limited | ₹72,000 (FY 2021) | Bangalore, Karnataka, India | ||||
| Metro Paints and Coatings Private Limited | ₹69,186 (FY 2025) | -10.0% | Ernakulam, Kerala, India | |||
| Sam Global Chemicals (India) Private Limited | ₹68,000 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Essen Paints Private Limitedthis company | ₹54,568 (FY 2023) | ₹28,777 | 52.7% | 17.0% | New Delhi, Delhi, India | |
| Kruppa Paints Private Limited | ₹50,320 (FY 2025) | -72.0% | Ahmedabad, Gujarat, India | |||
| Sama Paints Private Limited | ₹50,000 (FY 2024) | Hyderabad, Telangana, India | ||||
| Ellora Paints Private Limited | ₹48,298 (FY 2025) | Cherthala, Kerala, India | ||||
| Amp Pigments Private Limited | ₹47,550 (FY 2025) | -14.0% | Delhi, India | |||
| Karloskar Paints Private Limited | ₹42,000 (FY 2025) | -54.0% | Jalandhar, Punjab, India |
To see the full peer comparison of Essen Paints Private Limited, buy the company report.
Auditor
Essen Paints Private Limited is audited by GIRISH AHUJA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH AHUJA & ASSOCIATES | FY 2021 | 029936N |
Shareholding
The shareholding of Essen Paints Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Essen Paints Private Limited, buy the company report.
Deals & funding
Essen Paints Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sushil Ahuja & Sons HUF, 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Satish Ahuja & Sons HUF, 2 individuals |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Essen Paints Private Limited, buy the company report.
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 Essen Paints 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 Essen Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Essen Paints has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Essen Paints Private Limited, buy the company report.
Recent activity
Essen Paints Private Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Sushil Kumar Ahuja was appointed as Director on 24 Jan 2024.
Frequently asked questions
Essen Paints has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Essen Paints was a private limited company based in New Delhi, Delhi, India. The company worked in paint and coatings, within the manufacturing industry. It was incorporated on 26 February 1985 and is registered under CIN U74899DL1985PTC020280. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Essen Paints is U74899DL1985PTC020280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essen Paints had 3 directors:
- Renuka Ahuja - Director
- Divey Ahuja - Director
- Sushil Kumar Ahuja - Director
Essen Paints was incorporated on 26 February 1985. It is registered with the Registrar of Companies, Delhi.
The registered office of Essen Paints is at C – 9 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
The latest financial statements of Essen Paints on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Essen Paints has 1 GST registration on record and it is cancelled or inactive.
Essen Paints operated in the manufacturing industry, in the paint and coatings segment.
Essen Paints has 6 deals on record (6 secondary share transfers); the latest was in March 2023.
The peers of Essen Paints by revenue are Indian Paints and Chemicals Pvt Ltd, Epcoat Surface Finishing Technologies Private Limited, Truecem Wonder Colours Private Limited, Metro Paints and Coatings Private Limited, Sam Global Chemicals (India) Private Limited and 5 more, all in the Manufacturing industry (Paints).