Fortunecoat Industries Private Limited

Fortunecoat Industries Private Limited - manufacturing in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
CIN U27106PN2009PTC133674 Incorporated 23 March 2009 ROC Pune HQ Kolhapur, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹88.47 Cr
▲ 3% YoY
Net profit · FY 2025
₹1.06 Cr
Net margin 1.2%
EBITDA · FY 2025
₹3.09 Cr
EBITDA margin 3.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹12.76 Cr
Satisfied ₹20.78 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Fortunecoat Industries Private Limited

Data last updated:

Fortunecoat Industries Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 23 March 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27106PN2009PTC133674. Its GSTIN is 27AABCF3419Q1ZA (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Fortune Procurators Private Limited. It is led by directors Archana Ajit Otavanekar and Atharva Ajit Otavanekar.

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 Ganga Bhagyodaya '5' 949/A – 3 Plot No – 1 'E' Ward Kasaba Bavada, Kolhapur, Maharashtra, India – 416005.

As per the financials filed for FY 2025, the company reported a revenue of ₹88.47 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 1.2%) and EBITDA of ₹3.09 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 87% over five years.

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Fortunecoat. As per MCA filings, the company has open charges of ₹12.76 Cr and satisfied charges of ₹20.78 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹74 Lakh; the latest was in April 2023. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 46 overdue payments to 16 micro and small suppliers.

Fortunecoat Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0002819). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunecoat.com.

Company details

CIN U27106PN2009PTC133674
Registration Number 133674
Incorporation Date 23 March 2009
ROC Pune
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-MH-15-0002819

CIN history

Fortunecoat Industries has one previous CIN (Corporate Identification Number): U51909PN2009PTC133674. The current CIN is U27106PN2009PTC133674, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27106PN2009PTC133674Current
U51909PN2009PTC133674Previous

Recognitions & Rankings of Fortunecoat Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-15-0002819

Contact details

Fortunecoat Industries Private Limited's registered office is in Kolhapur, Maharashtra. Its website is fortunecoat.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Ganga Bhagyodaya '5' 949/A – 3 Plot No – 1 'E' Ward Kasaba Bavada, Kolhapur, Maharashtra, India – 416005
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Fortunecoat Industries Private Limited, buy the company report.

Comprehensive company report
Fortunecoat Industries 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

Fortunecoat Industries operates one associated brand: FORTUNECOAT. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and supplying powder coating powders for industrial applications.fortunecoat.com

Business activity

The main business activity of Fortunecoat Industries is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Fortunecoat Industries Private Limited, buy the company report.

Financials of Fortunecoat Industries Private Limited

FY 2025 filings available

Fortunecoat Industries Private Limited reported revenue of ₹88.47 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹88.47 Cr ▲ 3%
Net profit · FY 2025
₹1.06 Cr margin 1.2%
EBITDA · FY 2025
₹3.09 Cr margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 18%
5 years · compounded
▲ 87%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 13%
5 years · compounded
▲ 92%

Revenue has grown at a compounded annual rate (CAGR) of 87% over five years, including 3% growth in the latest year. EBITDA fell 16% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹3.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.06 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.5%
Net Profit Margin1.2%
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 Fortunecoat Industries Private Limited, buy the company report.

Board of directors of Fortunecoat Industries Private Limited

Fortunecoat Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Archana Ajit OtavanekarDirector23 Mar 200917 Years 7 MonthsCurrent
Atharva Ajit OtavanekarDirector19 Apr 20233 Years 6 MonthsCurrent

Auditor

Fortunecoat Industries Private Limited is audited by S. S. KULKARNI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S. S. KULKARNIFY 202332408

Shareholding

The shareholding of Fortunecoat Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fortunecoat Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.76 Cr
Satisfied charges
₹20.78 Cr
Breakdown by lending institutions
Bank of India₹12.76 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Aug 2024100982019Bank of India₹1.1 CrOpen
28 Aug 2024100982017Bank of India₹7.5 CrOpen
28 Aug 2024100982018Bank of India₹4 CrOpen
28 Aug 2024100982016Bank of India₹15.75 LakhOpen
27 Jun 2023100782546Others₹25 LakhSatisfied

To see the full charge records of Fortunecoat Industries Private Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Fortunecoat Industries Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹74 Lakh; the latest was in April 2023.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹74 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Apr 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2012Funding round₹74 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Fortunecoat Industries Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 46 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 16)

SupplierAmount dueDue sinceReported on
Avinash Cargo Private Limited
JS Partners
Chemi Enterprises LLP
Divine Titanium Private Limited
Kanak Vinimay Private Limited

To see the full MSME payment records of Fortunecoat Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Fortunecoat Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Fortune Procurators India Private LimitedU24297PN2012PTC142011

To see the full group structure of Fortunecoat Industries Private Limited, buy the company report.

GST

Fortunecoat Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCF3419Q1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Fortunecoat Industries Private Limited, buy the company report.

Recent activity

Fortunecoat Industries Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Ajit Chandrakant Otavanekar ceased to be Director on 19 Apr 2023.

AGM
Fortunecoat Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fortunecoat Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 27 Jun 2023 via Charge ID 100782546 with Others was fully satisfied on 27 Sep 2024.
Charges
A charge registered on 05 Dec 2016 via Charge ID 100068888 with Others was fully satisfied on 27 Sep 2024.
Charges
A charge registered on 31 Dec 2015 via Charge ID 10621137 with Others was fully satisfied on 27 Sep 2024.
Charges
A charge with Bank Of India amounted to Rs. 1.10 Cr with Charge ID 100982019 was registered on 29 Aug 2024.
Charges
A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100982017 was registered on 28 Aug 2024.
Charges
A charge with Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100982018 was registered on 28 Aug 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.16 Cr with Charge ID 100982016 was registered on 28 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100782546 was registered on 27 Jun 2023.
Ceased
Ajit Chandrakant Otavanekar ceased to be Director.
Appointed
Atharva Ajit Otavanekar was appointed as Director.

32 earlier events are in the company report.

Frequently asked questions

Fortunecoat Industries is an active private limited company based in Kolhapur, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 23 March 2009 (17+ years old) and is registered under CIN U27106PN2009PTC133674.

Fortunecoat Industries has 2 current directors:

The latest financial statements of Fortunecoat Industries 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 Fortunecoat Industries is 27AABCF3419Q1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Fortunecoat Industries is U27106PN2009PTC133674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fortunecoat Industries has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.

Fortunecoat Industries was incorporated on 23 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.

Fortunecoat Industries has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹74 Lakh; the latest was in April 2023.

Ajit Chandrakant Otavanekar ceased to be Director on 19 Apr 2023. Atharva Ajit Otavanekar was appointed as Director on 19 Apr 2023. Sandesh Shankar Kanekar ceased to be Director on 15 Mar 2014. Fortunecoat Industries has 4 board changes on record in total.

Yes, Fortunecoat Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0002819).

Fortunecoat Industries has 4 MSME Form 1 returns on record between 2019 and 2020, listing 46 overdue payments to 16 micro and small suppliers. The latest return was filed on 31 Oct 2020.