Garnish Paints Pvt Ltd
About Garnish Paints Pvt Ltd
Data last updated:
Garnish Paints Pvt Ltd is a private limited company based in Jabalpur, Madhya Pradesh, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 20 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24232MP1995PTC009741. Its GSTIN is 23AACCG7370A1Z3 (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Ganish Paints Pvt Ltd. It is led by directors Swati Gupta (Managing Director) and Amit Gupta.
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 28 – A Industrial Area Richai, Jabalpur, Madhya Pradesh, India – 482004.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.32 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹13.39 Lakh (net margin 1.4%) and EBITDA of ₹1.04 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.82 Cr and satisfied charges of ₹1.99 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
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- Registered Address28 – A Industrial Area Richai, Jabalpur, Madhya Pradesh, India – 482004
- 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 Garnish Paints Pvt Ltd
The main business activity of Garnish Paints is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Garnish Paints Pvt Ltd FY 2025 filings available
Garnish Paints Pvt Ltd reported revenue of ₹9.32 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garnish Paints Pvt Ltd
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 40% 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 Garnish Paints Pvt Ltd
| 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 | ₹1.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.39 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 Garnish Paints Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Garnish Paints 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 Garnish Paints Pvt Ltd
Garnish Paints Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Shri Shine-O Paints Kolhapur Private Limited | •••• | •••• | •••• | •••• | - | Dist Kolhapur, Maharashtra, India |
| Shiva Paints Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| V.V.B.Srinivasan & Sons Paints Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Yava Paints Private Limited | •••• | •••• | •••• | •••• | - | Rewari, Haryana, India |
| Aryalac Coatings Private Limited | •••• | •••• | •••• | •••• | - | Khalapur, Maharashtra, India |
| Garnish Paints Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Jabalpur, Madhya Pradesh, India |
| Denzo Paints Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Teknos Coatings and Paints Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Prova Paints & Polymers Private Limited | •••• | •••• | •••• | •••• | - | West Bengal, India |
| Nithin Tech (India) Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Saksham Adhesives Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Garnish Paints 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 Garnish Paints Pvt Ltd
Garnish Paints Pvt Ltd is audited by K. KUMAR AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. KUMAR AND CO. | 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 Garnish Paints Pvt Ltd
Garnish Paints has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Gupta | Director | 20 Jul 1995 | 31 Years 2 Months | Current |
| Swati Gupta Also directs: BCG Colours India Private Limited | Managing Director | 10 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Garnish Paints Pvt Ltd
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 Garnish Paints Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2024 | Others | ₹6 Cr | Open |
| 29 Nov 2021 | Hdfc Bank Limited | ₹60.08 Lakh | Open |
| 07 Nov 2020 | Others | ₹5 Cr | Open |
| 18 Jul 2000 | Vijaya Bank | ₹18.11 Lakh | Open |
| 02 Apr 1997 | Vijaya Bank | ₹4 Lakh | Open |
Total charge records: 9 View all charges
Legal Cases of Garnish Paints Pvt Ltd
Garnish Paints Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Best Dye Chem Distribution Pvt Ltd | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Garnish Paints Pvt Ltd
Garnish Paints Pvt Ltd has a workforce of 20 employees as of Apr 04, 2024.
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 Garnish Paints Pvt Ltd
Garnish Paints Pvt Ltd has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Alok Kumar Gupta ceased to be Director on 16 Jan 2016.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garnish Paints Pvt Ltd
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 Garnish Paints Pvt Ltd
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 Garnish Paints Pvt Ltd
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 Garnish Paints Pvt Ltd
Garnish Paints has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCG7370A1Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
| 22AACCG7370A1Z5 | Chhattisgarh | Active | 10 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 Garnish Paints Pvt Ltd
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 Garnish Paints Pvt Ltd
Garnish Paints is an active private limited company based in Jabalpur, Madhya Pradesh, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 20 July 1995 (31+ years old) and is registered under CIN U24232MP1995PTC009741.
Garnish Paints reported revenue of ₹9.32 Cr for FY 2025 (down 20% YoY).
Garnish Paints has 2 current directors:
- Swati Gupta - Managing Director
- Amit Gupta - Director
Garnish Paints reported a net profit of ₹13.39 Lakh (net margin 1.4%) and EBITDA of ₹1.04 Cr (EBITDA margin 11.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garnish Paints is 3% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garnish Paints is 23AACCG7370A1Z3, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 22AACCG7370A1Z5 (Chhattisgarh).
The CIN (Corporate Identification Number) of Garnish Paints is U24232MP1995PTC009741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garnish Paints has 1 court case on record: 1 filed against it.
Garnish Paints was incorporated on 20 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Garnish Paints by revenue are Shri Shine-O Paints Kolhapur Private Limited, Shiva Paints Private Limited, V.V.B.Srinivasan & Sons Paints Private Limited, Yava Paints Private Limited, Aryalac Coatings Private Limited and 5 more, all in the Manufacturing industry (Paints).
Alok Kumar Gupta ceased to be Director on 16 Jan 2016. Chandra Mohan Gupta ceased to be Managing Director on 16 Jan 2016. Swati Gupta was appointed as Managing Director on 10 Jan 2016. Garnish Paints has 5 board changes on record in total.