MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002742
Hem Paints Private Limited - musical instruments in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.51 Cr
▼ 7% YoY
Net profit · FY 2025
₹57.78 Lakh
Net margin 4.6%
EBITDA · FY 2025
₹1.13 Cr
EBITDA margin 9.1%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹54.6 Lakh
Issued & subscribed
Open charges
₹12.98 Lakh
Satisfied ₹4.94 Cr
Company age
42 yrs
Est. 1984
Directors on board
4
As per MCA filings
About Hem Paints Private Limited
Data last updated:
Hem Paints Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 09 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1984PTC034504. Its GSTIN is 27AAACH0987L2Z7 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹54.6 Lakh. It is led by directors including Hemangini Jagdish Vora and Nirav Pradipbhai Vora.
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 G – 1 Khira Industrial Estates T Road Santacruz (W), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.51 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹57.78 Lakh (net margin 4.6%) and EBITDA of ₹1.13 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹12.98 Lakh and satisfied charges of ₹4.94 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it.
Hem Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002742). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jkexports.co.in.
Company details
CIN U24220MH1984PTC034504
Registration Number 034504
Incorporation Date 09 November 1984
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-GJ-32-0002742
Key People
Hemangini Jagdish Vora Director Nirav Pradipbhai Vora Director Pradipbhai Nyalchand Vora Director Recognitions & Rankings of Hem Paints
Contact details
Hem Paints Private Limited's registered office is in Mumbai, Maharashtra. Its website is jkexports.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 1 Khira Industrial Estates T Road Santacruz (W), Mumbai, Maharashtra, India – 400054
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Hem Paints Private Limited, buy the company report.
Comprehensive company report
Hem 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
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Business activity
The main business activity of Hem Paints is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Hem Paints Private Limited, buy the company report.
Financials of Hem Paints Private Limited
FY 2025 filings availableHem Paints Private Limited reported revenue of ₹12.51 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹12.51 Cr ▼ 7%
Net profit · FY 2025
₹57.78 Lakh margin 4.6%
EBITDA · FY 2025
₹1.13 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 9%
5 years · compounded
▼ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 31% 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 |
|---|---|---|---|---|---|
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| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Hem Paints Private Limited, buy the company report.
Board of directors of Hem Paints Private Limited
Hem Paints has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemangini Jagdish Vora Also directs: J K Paints Private Limited | Director | 24 Sep 1992 | 34 Years 0 Months | Current |
| Nirav Pradipbhai Vora Also directs: J K Paints and Resins Private Limited | Director | 24 Sep 1992 | 34 Years 0 Months | Current |
| Pradipbhai Nyalchand Vora Also directs: J K Paints and Resins Private Limited | Director | 14 Nov 1984 | 41 Years 11 Months | Current |
| Jagdish Nyalchand Vora Also directs: J K Paints Private Limited | Director | 14 Nov 1984 | 41 Years 11 Months | Current |
Auditor
Hem Paints Private Limited is audited by K T Hemani & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K T Hemani & Co | FY 2023 | 103627W |
Shareholding
The shareholding of Hem 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 Hem Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.98 Lakh
Satisfied charges
₹4.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101107674 | Others | ₹12.98 Lakh | Open | |
| 27 Sep 2023 | 100796604 | Others | ₹90 Lakh | Satisfied | |
| 02 Sep 2022 | 100606461 | Others | ₹23.95 Lakh | Satisfied | |
| 12 Aug 2022 | 100605646 | Others | ₹39.25 Lakh | Satisfied | |
| 02 Aug 2021 | 100469969 | Others | ₹18.92 Lakh | Satisfied |
To see the full charge records of Hem Paints Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Hem Paints Private Limited has 7 court cases on record: 2 filed by Hem Paints, 5 filed against it. All cases are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Motor accident claim | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax 9 | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
| District court, RAJKOT, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Hem 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 Hem Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hem Paints has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH0987L2Z7 | Maharashtra | Active | 15 Sep 2022 |
| 24AAACH0987L1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hem Paints Private Limited, buy the company report.
Recent activity
Hem Paints Private Limited has 4 board changes on record since 1984: 4 appointments. The latest: Hemangini Jagdish Vora was appointed as Director on 24 Sep 1992.
AGM
Hem Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101107674 was registered on 28 May 2025.
Charges
A charge registered on 27 Sep 2023 via Charge ID 100796604 with Others was fully satisfied on 23 Apr 2025.
Filing
Hem Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 0.90 Cr registered on 27 Sep 2023 with Charge ID 100796604 was modified on 30 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100796604 was registered on 27 Sep 2023.
Charges
A charge registered on 02 Sep 2022 via Charge ID 100606461 with Others was fully satisfied on 25 Aug 2023.
Charges
A charge registered on 12 Aug 2022 via Charge ID 100605646 with Others was fully satisfied on 25 Aug 2023.
Charges
A charge registered on 02 Aug 2021 via Charge ID 100469969 with Others was fully satisfied on 25 Aug 2023.
Charges
A charge registered on 29 Jul 2021 via Charge ID 100468525 with Others was fully satisfied on 25 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100606461 was registered on 02 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100605646 was registered on 12 Aug 2022.
18 earlier events are in the company report.
Frequently asked questions
Hem Paints is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 09 November 1984 (42+ years old) and is registered under CIN U24220MH1984PTC034504.
Hem Paints has 4 current directors:
- Hemangini Jagdish Vora - Director
- Nirav Pradipbhai Vora - Director
- Pradipbhai Nyalchand Vora - Director
- Jagdish Nyalchand Vora - Director
The latest financial statements of Hem 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 Hem Paints is 27AAACH0987L2Z7, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACH0987L1ZE (Gujarat).
The CIN (Corporate Identification Number) of Hem Paints is U24220MH1984PTC034504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hem Paints has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the district courts.
Hem Paints was incorporated on 09 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemangini Jagdish Vora was appointed as Director on 24 Sep 1992. Nirav Pradipbhai Vora was appointed as Director on 24 Sep 1992. Jagdish Nyalchand Vora was appointed as Director on 14 Nov 1984. Hem Paints has 4 board changes on record in total.
Yes, Hem Paints is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002742).
Hem Paints can be reached through the website jkexports.co.in. Its registered office is in Mumbai, Maharashtra, India.