- Udyam number
- UDYAM-TS-20-0005276

About Technopaints and Chemicals Limited
Data last updated:
Technopaints and Chemicals Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 23 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24220TG2008PLC058787. Its GSTIN is 36AABCF3171B1Z5 (Telangana). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.4 Cr. It was formerly known as Fortune Paint Products (India) Private Limited. It is led by directors including Srinivasa Reddy Akuri (Managing Director) and Menon Radhakrishnan Balakrishna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹210.21 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹23.63 Cr (net margin 11.2%) and EBITDA of ₹39.37 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 48% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Techno Paints. As per MCA filings, the company has open charges of ₹140.23 Cr and satisfied charges of ₹20.38 Cr on record. Court records list 18 cases involving the company, including 18 filed against it; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹33.37 Cr; the latest was in June 2024. Its 6 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, 1 larger and 5 smaller; the largest is Hempel Paints (India) Private Limited with revenue of ₹232.01 Cr.
Technopaints and Chemicals Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-20-0005276). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technopaints.in.
Company details
Name history
Technopaints and Chemicals has undergone 2 name changes throughout its history. The company was previously known as Fortune Paint Products (India) Private Limited, and Technopaints And Chemicals Limited. The current legal name is Technopaints And Chemicals Limited.
| Company Name | Status |
|---|---|
| Technopaints and Chemicals Limited | Current |
| Fortune Paint Products (India) Private Limited | Previous |
CIN history
Technopaints and Chemicals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24220TG2008PLC058787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24220TG2008PLC058787 | Current |
| U24220TG2008PTC058787 | Previous |
| U24220AP2008PTC058787 | Previous |
Recognitions & Rankings of Technopaints and Chemicals
Contact details
Technopaints and Chemicals Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Apps
- Registered AddressPlot No. 1A & 1B Techno Houz, Hitex Road Shilpa Hills Izzat Nagar, Hyderabad, Telangana, India – 500084
- 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
Brands
Technopaints and Chemicals operates one associated brand: Techno Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paint manufacturing company offering a diverse portfolio of home wall paint colors | technopaints.in |
Business activity
The main business activity of Technopaints and Chemicals 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 Technopaints and Chemicals Limited, buy the company report.
Financials of Technopaints and Chemicals Limited
FY 2024 filings availableTechnopaints and Chemicals Limited reported revenue of ₹210.21 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 54% growth in the latest year. EBITDA rose 70% 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 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 | ₹39.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.63 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 11.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Technopaints and Chemicals Limited, buy the company report.
Board of directors and KMP of Technopaints and Chemicals Limited
Technopaints and Chemicals Limited currently reports 5 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Menon Radhakrishnan Balakrishna Also directs: Infiiloom India Private Limited, LBW Consulting Private Limited | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Anil Kondoth Also directs: R&M Organisation Governance Consulting LLP | Director | 03 Aug 2024 | 2 Years 2 Months | Current |
| Venkata Lakshmi Narasimha Murthy Chilla | Director | 03 Aug 2024 | 2 Years 2 Months | Current |
| Sanikommu Srikanthreddy | Cfo | 01 Jul 2025 | 1 Years 3 Months | Current |
| Srinivasa Reddy Akuri Also directs: Masterbond Construction Chemicals Private Limited, Fenetre Upvc Private Limited, Richwaves Specialities Private Limited and 1 more | Managing Director | 23 Apr 2008 | 18 Years 6 Months | Current |
| Dhanalakshmi Guntaka Also directs: Arunjyoti Bio Ventures Limited, Sigachi Industries Limited, B.N. Rathi Securities Limited and 2 more | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Technopaints and Chemicals Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Hempel Paints (India) Private Limited | ₹232.01 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Technopaints and Chemicals Limitedthis company | ₹210.21 Cr (FY 2025) | ₹23.63 Cr | 11.2% | 54.0% | Hyderabad, Telangana, India | |
| Surfa Coats (India) Private Limited | ₹182.5 Cr (FY 2025) | -3.0% | Karnataka, India | |||
| SBL Specialty Coatings Private Limited | ₹178.7 Cr (FY 2025) | -1.0% | Chandigarh, India | |||
| Maharani Innovative Paints Private Limited | ₹174.21 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Carboline (India) Private Limited | ₹173.8 Cr (FY 2025) | -12.0% | Ambattur Chennai, Tamil Nadu, India | |||
| Varna Coats Private Limited | ₹170.24 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Technopaints and Chemicals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101158854 | Others | ₹35 Cr | Open | |
| 28 Aug 2025 | 101157388 | Others | ₹10 Cr | Open | |
| 20 May 2025 | 101107972 | Others | ₹2.65 Cr | Open | |
| 24 Apr 2025 | 101093356 | Others | ₹8.5 Lakh | Open | |
| 24 Apr 2025 | 101093357 | Others | ₹8.5 Lakh | Open |
To see the full charge records of Technopaints and Chemicals Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Technopaints and Chemicals Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹33.37 Cr; the latest was in June 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round | ₹32.46 Cr | Investors: Amit Raj Sinha Family Trust, 3 individuals |
| Mar 2024 | Rights issue | ₹18.4 Lakh | Investors: 4 individuals |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2014 | Funding round | ₹91 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Technopaints and Chemicals Limited has 18 court cases on record: 18 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Aquent Impex India Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Aquent Impex India Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Eoc Tailor Made Polymers India Pvt Ltd., | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms Almex Laboratories Pvt Ltd | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Ms. N.R.Colours Limited | Disposed |
To see the full case history of Technopaints and Chemicals 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 Technopaints and Chemicals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Technopaints and Chemicals has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCF3171B1Z5 | Telangana | Active | 01 Jul 2017 |
| 37AABCF3171B3Z1 | Andhra Pradesh | Active | 29 Mar 2024 |
| 29AABCF3171B1Z0 | Karnataka | Active | 04 Jun 2024 |
To see the full GST registrations and return filing status of Technopaints and Chemicals Limited, buy the company report.
Recent activity
Technopaints and Chemicals Limited has 11 board changes on record since 2008: 6 appointments and 5 cessations. The latest: Menon Radhakrishnan Balakrishna was appointed as Director on 30 Sep 2025.
23 earlier events are in the company report.
Frequently asked questions
Technopaints and Chemicals is an active public limited company based in Hyderabad, Telangana, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 23 April 2008 (18+ years old) and is registered under CIN U24220TG2008PLC058787.
Technopaints and Chemicals has 6 current directors and KMP:
- Srinivasa Reddy Akuri - Managing Director
- Menon Radhakrishnan Balakrishna - Director
- Anil Kondoth - Director
- Venkata Lakshmi Narasimha Murthy Chilla - Director
- Dhanalakshmi Guntaka - Director
- Sanikommu Srikanthreddy - Cfo
The latest financial statements of Technopaints and Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Technopaints and Chemicals is 36AABCF3171B1Z5, registered in Telangana. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 37AABCF3171B3Z1 (Andhra Pradesh), 29AABCF3171B1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Technopaints and Chemicals is U24220TG2008PLC058787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technopaints and Chemicals has 18 court cases on record: 18 filed against it. 2 are pending.
Technopaints and Chemicals was incorporated on 23 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Technopaints and Chemicals has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹33.37 Cr; the latest was in June 2024.
The peers of Technopaints and Chemicals by revenue are Hempel Paints (India) Private Limited, Surfa Coats (India) Private Limited, SBL Specialty Coatings Private Limited, Maharani Innovative Paints Private Limited, Carboline (India) Private Limited and 1 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Menon Radhakrishnan Balakrishna was appointed as Director on 30 Sep 2025. Akuri Deepthi ceased to be Director on 06 Sep 2025. Akuri Sandhya ceased to be Director on 06 Sep 2025. Technopaints and Chemicals has 11 board changes on record in total.
Yes, Technopaints and Chemicals is registered as an MSME under Udyam registration (number: UDYAM-TS-20-0005276).