About Faaber Paints Private Limited
Data last updated:
Faaber Paints Private Limited was a private limited company based in Thirumashisai, Tamil Nadu, India, operated as a subsidiary of Verven Coatings Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the paint and coatings segment of the manufacturing sector. It was incorporated on 11 April 1986.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24222TN1986PTC012894. Its GSTIN is 33AAACF0447R1ZI (Tamil Nadu).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.65 Lakh. It was led by directors including Anuradha Ramaswamy and Mahalingam Mohanraj.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 210 &211 SIDCO Industrialestate Thirumashisai 602107 Estate, Thirumashisai 602107, Tamil Nadu, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.94 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹79.92 Lakh (net margin 10.1%) and EBITDA of ₹1.78 Cr (EBITDA margin 22.4%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
The company had about 47 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹8.82 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 1 case is pending.
The last known website on record is ppgasianpaints.com.
Company details
Contact details
Faaber Paints Private Limited's registered office is in Thirumashisai, Tamil Nadu. Its website is ppgasianpaints.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address210 &211 SIDCO Industrialestate Thirumashisai 602107 Estate, Thirumashisai 602107, Tamil Nadu, India
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Faaber 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
Business activity
The main business activity of Faaber Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Faaber Paints Private Limited, buy the company report.
Financials of Faaber Paints Private Limited
FY 2018 filings availableFaaber Paints Private Limited reported revenue of ₹7.94 Cr (up 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 40%. EBITDA rose 108% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹1.78 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹79.92 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 22.4% | |||
| Net Profit Margin | 10.1% | |||
| 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 Faaber Paints Private Limited, buy the company report.
Board of directors of Faaber Paints Private Limited
Faaber Paints has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuradha Ramaswamy Also directs: Verven Coatings Private Limited | Director | 09 Jun 2016 | 10 Years 4 Months | As last reported |
| Mahalingam Mohanraj Also directs: Verven Coatings Private Limited | Director | 09 Jun 2016 | 10 Years 4 Months | As last reported |
| Karuppaiah Senthil Anandh Also directs: Verven Coatings Private Limited | Director | 09 Jun 2016 | 10 Years 4 Months | As last reported |
Auditor
Faaber Paints Private Limited is audited by AYYAVOO & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AYYAVOO & CO | FY 2015 | 000283S |
Shareholding
The shareholding of Faaber Paints Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Faaber Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2012 | 10391163 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 07 Jan 2005 | 90288002 | The South Indian Bank Limited | ₹2.74 Cr | Satisfied | |
| 08 Jul 2004 | 90297206 | Sundaram Finance Ltd. | ₹5.56 Lakh | Satisfied | |
| 28 Jun 2004 | 90297204 | Sundaram Finance Ltd. | ₹5.99 Lakh | Satisfied | |
| 06 Mar 2003 | 90296575 | Ing Vysya Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Faaber Paints Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Faaber Paints Private Limited has 15 court cases on record: 10 filed by Faaber Paints, 5 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 0 | 0 |
| District courts | 5 | 5 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Petition | Filed against the company by an individual | Pending |
| Madras High Court | Court case (COMP.A) | Filed by the company | Disposed |
| Madras High Court | Company petition | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
To see the full case history of Faaber Paints Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Faaber Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Faaber Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF0447R1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Faaber Paints Private Limited, buy the company report.
Recent activity
Faaber Paints Private Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Anuradha Ramaswamy ceased to be Additional Director on 29 Sep 2017.
26 earlier events are in the company report.
Frequently asked questions
Faaber Paints has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Faaber Paints was a private limited company based in Thirumashisai, Tamil Nadu, India. The company worked in paint and coatings, within the manufacturing industry. It was incorporated on 11 April 1986 and is registered under CIN U24222TN1986PTC012894. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Faaber Paints was incorporated on 11 April 1986. It is registered with the Registrar of Companies, Chennai.
Faaber Paints had 3 directors:
- Anuradha Ramaswamy - Director
- Mahalingam Mohanraj - Director
- Karuppaiah Senthil Anandh - Director
The CIN (Corporate Identification Number) of Faaber Paints is U24222TN1986PTC012894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Faaber Paints is at 210 &211 SIDCO Industrialestate Thirumashisai 602107 Estate, Thirumashisai 602107, Tamil Nadu, India.
Faaber Paints can be reached through the website ppgasianpaints.com. Its registered office is in Thirumashisai, Tamil Nadu, India.
The latest financial statements of Faaber Paints on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Faaber Paints is 33AAACF0447R1ZI, registered in Tamil Nadu.
Faaber Paints operated in the manufacturing industry, in the paint and coatings segment.
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