- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0004493

About Its Coatings Private Limited
Data last updated:
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.
Its Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004493). 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.
Company details
Recognitions & Rankings of Its Coatings
Contact details
Its Coatings Private Limited's registered office is in Mumbai, Maharashtra. Its website is itscoatings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 10/11 Creative Industrial Estate N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400011
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Its Coatings Private Limited, buy the company report.
- 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
Business activity
The main business activity of Its Coatings is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Its Coatings Private Limited, buy the company report.
Financials of Its Coatings Private Limited
FY 2025 filings availableIts Coatings Private Limited reported revenue of ₹9.69 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Its Coatings Private Limited, buy the company report.
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 |
Auditor
Its Coatings Private Limited is audited by V.K.BESWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K.BESWAL & ASSOCIATES | FY 2023 | 101083W |
Shareholding
The shareholding of Its Coatings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Its Coatings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2022 | 100531630 | Hdfc Bank Limited | ₹1.35 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Its Coatings Private Limited has 7 court cases on record: 7 filed by Its Coatings. 3 cases are pending and 4 are disposed.
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 M/S Shree Kalki Logistics Pvt Ltd and 7 others | Pending |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed by the company against M/S Shree Kalki Logistics Pvt Ltd and 10 others | Pending |
| District court, Thane, Maharashtra | Commercial suit | Filed by the company against M/S Shree Kalki Logistics Pvt Ltd and 7 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S. Shree Kalki Logistics Pvt. Ltd. and 5 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed by the company against Om Construction Co and 2 Ors | Pending |
To see the full case history of Its Coatings 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 Its Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Its Coatings Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Amit Shyamsunder Tibrewala - Director
- Shyamsunder Gaurishanker Tibrewala - Director
The latest financial statements of Its Coatings 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 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.
Amit Shyamsunder Tibrewala was appointed as Director on 10 Apr 2012. Shyamsunder Gaurishanker Tibrewala was appointed as Director on 10 Apr 2012.
Yes, Its Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0004493).
Its Coatings can be reached through the website itscoatings.in. Its registered office is in Mumbai, Maharashtra, India.

