MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0010967
Harlequin Paints Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.22 Cr
▲ 8% YoY
Net profit · FY 2025
₹2 Cr
Net margin 7.1%
EBITDA · FY 2025
₹3.56 Cr
EBITDA margin 12.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30.16 Lakh
Issued & subscribed
Open charges
₹2.39 Cr
Satisfied ₹2.99 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
25
Provident fund records
About Harlequin Paints Private Limited
Data last updated:
Harlequin Paints Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24222MH2010PTC207099. Its GSTIN is 27AACCH5631F1ZS (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30.16 Lakh. It is led by directors including Pallavi Umesh Tawde and Umesh Ramesh Tawde.
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 36 Floor – 2 191 Loonet Building Dr. Babasaheb Ambedkar Road Dadar (E), Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.22 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2 Cr (net margin 7.1%) and EBITDA of ₹3.56 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 17% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.39 Cr and satisfied charges of ₹2.99 Cr on record.
Harlequin Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0010967). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harlequinpaints.com.
Company details
CIN U24222MH2010PTC207099
Registration Number 207099
Incorporation Date 26 August 2010
ROC Mumbai
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-19-0010967
Key People
Pallavi Umesh Tawde Director Umesh Ramesh Tawde Director Mukund Hulyalkar Ramrao Director Recognitions & Rankings of Harlequin Paints
Contact details
Harlequin Paints Private Limited's registered office is in Mumbai, Maharashtra. Its website is harlequinpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address36 Floor – 2 191 Loonet Building Dr. Babasaheb Ambedkar Road Dadar (E), Mumbai, Maharashtra, India – 400014
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Harlequin Paints Private Limited, buy the company report.
Comprehensive company report
Harlequin Paints 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Harlequin Paints 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 Harlequin Paints Private Limited, buy the company report.
Financials of Harlequin Paints Private Limited
FY 2025 filings availableHarlequin Paints Private Limited reported revenue of ₹28.22 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹28.22 Cr ▲ 8%
Net profit · FY 2025
₹2 Cr margin 7.1%
EBITDA · FY 2025
₹3.56 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 24%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 60%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 8% growth in the latest year. EBITDA fell 19% 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 | ₹3.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2 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 | 12.6% | ||||
| Net Profit Margin | 7.1% | ||||
| 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 Harlequin Paints Private Limited, buy the company report.
Board of directors of Harlequin Paints Private Limited
Harlequin Paints has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Umesh Tawde | Director | 26 Aug 2010 | 16 Years 2 Months | Current |
| Umesh Ramesh Tawde | Director | 26 Aug 2010 | 16 Years 2 Months | Current |
| Mukund Hulyalkar Ramrao Also directs: Akhil Deshastha Regvedi Brahman Madhyavarti Mandal | Director | 27 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Harlequin Paints Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Royalti Paint Industries Private Limited | ₹30.34 Cr (FY 2024) | -1.0% | Namakkal, Tamil Nadu, India | |||
| Harlequin Paints Private Limitedthis company | ₹28.22 Cr (FY 2025) | ₹2 Cr | 7.1% | 8.0% | 25 | Mumbai, Maharashtra, India |
| Decotouch Paints Limited | ₹27.83 Cr (FY 2025) | -12.0% | Delhi, India | |||
| Kripton Powder Paints Private Limited | ₹27.83 Cr (FY 2024) | -5.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Harlequin Paints Private Limited, buy the company report.
Auditor
Harlequin Paints Private Limited is audited by NAYAK AND RANE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAYAK AND RANE | FY 2023 | 117249W |
Shareholding
The shareholding of Harlequin Paints 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harlequin Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.39 Cr
Satisfied charges
₹2.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101194964 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 29 Sep 2023 | 100800397 | Others | ₹8.5 Lakh | Open | |
| 19 Jan 2022 | 100534762 | State Bank of India | ₹2.15 Cr | Open | |
| 11 Jun 2021 | 100451684 | Yes Bank Limited | ₹40 Lakh | Satisfied | |
| 27 Dec 2019 | 100321858 | Hdfc Bank Limited | ₹2.82 Lakh | Satisfied |
To see the full charge records of Harlequin Paints Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Harlequin 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
Harlequin Paints Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 112 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Champion Advanced Materials Private Limited | |||
| Macro Polymers Pvt Ltd | |||
| Resins and Plastics Limited | |||
| R. Nagardas and Co. | |||
| Beeta Paint Industries |
To see the full MSME payment records of Harlequin Paints Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harlequin Paints Private Limited has a workforce of 25 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
-16.67%
GST
Harlequin Paints has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH5631F1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harlequin Paints Private Limited, buy the company report.
Recent activity
Harlequin Paints Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Mukund Hulyalkar Ramrao was appointed as Director on 27 Feb 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 101194964 was registered on 24 Oct 2025.
AGM
Harlequin Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Harlequin Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 11 Jun 2021 via Charge ID 100451684 with Yes Bank Limited was fully satisfied on 11 Jul 2024.
Charges
A charge with State Bank Of India of Rs. 215.00 Lakh registered on 19 Jan 2022 with Charge ID 100534762 was modified on 03 Jun 2024.
Charges
A charge registered on 27 Dec 2019 via Charge ID 100321858 with Hdfc Bank Limited was fully satisfied on 11 Jan 2024.
Charges
A charge with Others amounted to Rs. 8.50 Lakh with Charge ID 100800397 was registered on 29 Sep 2023.
Charges
A charge registered on 24 Jun 2014 via Charge ID 10504515 with Hdfc Bank Limited was fully satisfied on 18 Apr 2022.
Charges
A charge registered on 29 May 2014 via Charge ID 10504519 with Hdfc Bank Limited was fully satisfied on 18 Apr 2022.
Charges
A charge with State Bank Of India amounted to Rs. 215.00 Lakh with Charge ID 100534762 was registered on 19 Jan 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100451684 was registered on 11 Jun 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 148.33 Lakh registered on 29 May 2014 with Charge ID 10504519 was modified on 24 Mar 2021.
8 earlier events are in the company report.
Frequently asked questions
Harlequin Paints is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 August 2010 (16+ years old) and is registered under CIN U24222MH2010PTC207099.
Harlequin Paints has 3 current directors:
- Pallavi Umesh Tawde - Director
- Umesh Ramesh Tawde - Director
- Mukund Hulyalkar Ramrao - Director
The latest financial statements of Harlequin Paints 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 Harlequin Paints is 27AACCH5631F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harlequin Paints is U24222MH2010PTC207099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harlequin Paints was incorporated on 26 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Harlequin Paints by revenue are Royalti Paint Industries Private Limited, Decotouch Paints Limited, Kripton Powder Paints Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Mukund Hulyalkar Ramrao was appointed as Director on 27 Feb 2018. Pallavi Umesh Tawde was appointed as Director on 26 Aug 2010. Umesh Ramesh Tawde was appointed as Director on 26 Aug 2010.
Yes, Harlequin Paints is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0010967).
Harlequin Paints has 7 MSME Form 1 returns on record between 2019 and 2024, listing 112 overdue payments to 25 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Harlequin Paints can be reached through the website harlequinpaints.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Harlequin Paints is at 36 Floor – 2 191 Loonet Building Dr. Babasaheb Ambedkar Road Dadar E, Mumbai, Maharashtra, India – 400014.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages