About Its Coatings Private Limited
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Its Coatings Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Onward Chemicals Private Limited. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 10 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2012PTC229437. Its GSTIN is 27AACCI9028B1ZS (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Amit Shyamsunder Tibrewala and Shyamsunder Gaurishanker Tibrewala.
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 – 10/11 Creative Industrial Estate N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.69 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹75.87 Lakh (net margin 7.8%) and EBITDA of ₹1.08 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹1.35 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itscoatings.in.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressG – 10/11 Creative Industrial Estate N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400011
- 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 Its Coatings Private Limited
The main business activity of Its Coatings is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Its Coatings Private Limited FY 2025 filings available
Its Coatings Private Limited reported revenue of ₹9.69 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Its Coatings Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 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 Its Coatings Private Limited
| 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 | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹75.87 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 Its Coatings Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 Its Coatings 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 Its Coatings Private Limited
Its Coatings Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paints). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indotex Paints Private Limited | ₹9.96 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kalol, Gujarat, India |
| Carbolink India Private Limited | ₹9.92 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Zedpave Infra Solutions Private Limited | ₹9.92 Cr (FY 2025) | •••• | •••• | •••• | Rishieksh, Uttarakhand, India | |
| Rosalee Colours Private Limited | ₹9.86 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Vadodra, Gujarat, India |
| ML Print Private Limited | ₹9.73 Cr (FY 2024) | •••• | •••• | 223.0% | •••• | New Delhi, Delhi, India |
| Its Coatings Private Limited this company | ₹9.69 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Vintalac Paints India Private Limited | ₹9.69 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Shri Shine-O Paints Kolhapur Private Limited | ₹9.61 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolhapur, Maharashtra, India |
| Shiva Paints Private Limited | ₹9.58 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| V.V.B.Srinivasan & Sons Paints Private Limited | ₹9.53 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Madurai, Tamil Nadu, India |
| Yava Paints Private Limited | ₹9.45 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Rewari, Haryana, India |
Peers are the five companies nearest above and the five nearest below Its Coatings by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Its Coatings Private Limited
Its Coatings Private Limited is audited by V.K.BESWAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.K.BESWAL & ASSOCIATES | 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 Its Coatings Private Limited
Its Coatings has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Shyamsunder Tibrewala Also directs: Onward Chemicals Private Limited | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
| Shyamsunder Gaurishanker Tibrewala Also directs: Onward Chemicals Private Limited | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Its Coatings Private Limited
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 Its Coatings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2022 | Hdfc Bank Limited | ₹1.35 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Its Coatings Private Limited
Its Coatings Private Limited has 7 court cases on record: 7 filed by Its Coatings. 3 cases are pending and 4 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against Om Construction Co and 2 Ors | Pending |
| District court, Thane, Maharashtra | Commercial suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 7 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 Its Coatings Private Limited
Employment history and EPFO contributions of people linked to Its Coatings.
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 Its Coatings Private Limited
Its Coatings Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Amit Shyamsunder Tibrewala was appointed as Director on 10 Apr 2012.
Credit Ratings, Litigation & Regulatory Alerts for Its Coatings Private Limited
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 Its Coatings Private Limited
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 Its Coatings Private Limited
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 Its Coatings Private Limited
Its Coatings has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI9028B1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AACCI9028B2ZR | Maharashtra | Active | 09 Apr 2025 |
| 33AACCI9028B1ZZ | Tamil Nadu | Active | 01 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 Its Coatings Private Limited
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 Its Coatings Private Limited
Its Coatings is an active private limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 10 April 2012 (14+ years old) and is registered under CIN U24233MH2012PTC229437.
Its Coatings reported revenue of ₹9.69 Cr for FY 2025 (down 13% YoY).
Its Coatings has 2 current directors:
- Amit Shyamsunder Tibrewala - Director
- Shyamsunder Gaurishanker Tibrewala - Director
Its Coatings reported a net profit of ₹75.87 Lakh (net margin 7.8%) and EBITDA of ₹1.08 Cr (EBITDA margin 11.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Its Coatings is -4% over three years and 22% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Its Coatings is 27AACCI9028B1ZS, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCI9028B2ZR (Maharashtra), 33AACCI9028B1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Its Coatings is U24233MH2012PTC229437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Its Coatings has 7 court cases on record: 7 filed by the company. 3 are pending. Most are in the district courts.
Its Coatings was incorporated on 10 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Its Coatings by revenue are Indotex Paints Private Limited, Carbolink India Private Limited, Zedpave Infra Solutions Private Limited, Rosalee Colours Private Limited, ML Print Private Limited and 5 more, all in the Manufacturing industry (Paints).
Amit Shyamsunder Tibrewala was appointed as Director on 10 Apr 2012. Shyamsunder Gaurishanker Tibrewala was appointed as Director on 10 Apr 2012.