Italpaints (India) Private Limited

Italpaints (India) Private Limited - trading in Vasai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2013PTC246266 Incorporated 27 July 2013 ROC Mumbai HQ Vasai, Maharashtra, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2019
₹32.81 Lakh
▼ 80% YoY
Net loss · FY 2019
₹18.57 Lakh
Net margin -56.6%
EBITDA · FY 2019
-₹17.56 Lakh
EBITDA margin -53.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Italpaints (India) Private Limited

Data last updated:

Italpaints (India) Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 27 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC246266. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Roseline Kurian and Aditya Kurian.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at P11/12 Ground Floor Royal Compound Kaman Bhiwandi Road, Vasai, Maharashtra, India – 401208.

As per the financials filed for FY 2019, the company reported a revenue of ₹32.81 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹18.57 Lakh (net margin -56.6%) and EBITDA of -₹17.56 Lakh (EBITDA margin -53.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74900MH2013PTC246266
Registration Number 246266
Incorporation Date 27 July 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Italpaints (India) Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    P11/12 Ground Floor Royal Compound Kaman Bhiwandi Road, Vasai, Maharashtra, India – 401208
  • Industry
    Trading, Wholesale, Other Wholesale

To see the full contact details of Italpaints (India) Private Limited, buy the company report.

Comprehensive company report
Italpaints (India) 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 Italpaints (India) is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Italpaints (India) Private Limited, buy the company report.

Financials of Italpaints (India) Private Limited

FY 2019 filings available

Italpaints (India) Private Limited reported revenue of ₹32.81 Lakh (down 80% YoY) for FY 2019.

Revenue · FY 2019
₹32.81 Lakh ▼ 80%
Net loss · FY 2019
₹18.57 Lakh margin -56.6%
EBITDA · FY 2019
-₹17.56 Lakh margin -53.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 975%
3 years · compounded
▼ 61%

Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 80% fall in the latest year. EBITDA fell 975% 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 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹17.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18.57 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-53.5%
Net Profit Margin-56.6%
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 Italpaints (India) Private Limited, buy the company report.

Board of directors of Italpaints (India) Private Limited

Italpaints (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Roseline KurianDirector19 May 201511 Years 5 MonthsCurrent
Aditya KurianDirector19 May 201511 Years 5 MonthsCurrent
Siddharth KurianDirector27 Jul 201313 Years 3 MonthsCurrent

Peer comparison

Italpaints (India) Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Comfort Trends Private Limited₹32.84 Lakh (FY 2025)-57.0%Surat, Gujarat, India
Medillios Private Limited₹32.84 Lakh (FY 2024)37.0%Noida, Uttar Pradesh, India
Kalium Healthcare Private Limited₹32.83 Lakh (FY 2024)Delhi, India
Perfect Soft Solutions Private Limited₹32.83 Lakh (FY 2024)-25.0%Delhi, India
Italpaints (India) Private Limitedthis company₹32.81 Lakh (FY 2019)-₹18.57 Lakh-56.6%-80.0%Vasai, Maharashtra, India
Shri JSR Tradelink (India) Private Limited₹32.81 Lakh (FY 2025)-54.0%Jaipur, Rajasthan, India
Kamal Khandelwal Textile Agency Private Limited₹32.81 Lakh (FY 2019)-95.0%Surat, Gujarat, India
Weynkart Biz Private Limited₹32.81 Lakh (FY 2023)-27.0%Koyilandi, Kerala, India
Glazebharat Private Limited₹32.81 Lakh (FY 2024)520.0%Bhadrak, Odisha, India
Healthy Craft Global Private Limited₹32.8 Lakh (FY 2023)166.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of Italpaints (India) Private Limited, buy the company report.

Auditor

Italpaints (India) Private Limited is audited by KAMAL DHANUKA & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
KAMAL DHANUKA & CO.FY 2017131308W

Shareholding

The shareholding of Italpaints (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Italpaints (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Italpaints (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Italpaints (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Italpaints (India) Private Limited, buy the company report.

Recent activity

Italpaints (India) Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Aditya Kurian ceased to be Additional Director on 30 Sep 2015.

AGM
Italpaints (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Italpaints (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Ceased
Aditya Kurian ceased to be Additional Director.
Ceased
Roseline Kurian ceased to be Additional Director.
Ceased
Karimbil Sunny Sunny Kurian ceased to be Director.
Appointed
Aditya Kurian was appointed as Director.
Appointed
Roseline Kurian was appointed as Director.
Appointed
Siddharth Kurian was appointed as Director.
Incorporation
27 Jul 2013
Italpaints (India) Private Limited was registered on 27 Jul 2013 with Roc Mumbai & aged 13 years 3 months as per MCA records.

Frequently asked questions

Italpaints (India) is an active private limited company based in Vasai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 27 July 2013 (13+ years old) and is registered under CIN U74900MH2013PTC246266.

Italpaints (India) has 3 current directors:

The latest financial statements of Italpaints (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

No. Italpaints (India) has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Italpaints (India) is U74900MH2013PTC246266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Italpaints (India) was incorporated on 27 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Italpaints (India) by revenue are Comfort Trends Private Limited, Medillios Private Limited, Kalium Healthcare Private Limited, Perfect Soft Solutions Private Limited, Shri JSR Tradelink (India) Private Limited and 4 more, all in the same principal business activity (wholesale trading).

Aditya Kurian ceased to be Additional Director on 30 Sep 2015. Roseline Kurian ceased to be Additional Director on 30 Sep 2015. Karimbil Sunny Sunny Kurian ceased to be Director on 31 May 2015. Italpaints (India) has 6 board changes on record in total.

The registered office of Italpaints (India) is at P1112 Ground Floor Royal Compound Kaman Bhiwandi Road, Vasai, Maharashtra, India – 401208.

Italpaints (India) operates in the trading industry, in the wholesale segment.

The compliance status of Italpaints (India) is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.