MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-25-0005794
Koel Colours Pvt Ltd - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹118.85 Cr
▲ 28% YoY
Net profit · FY 2025
₹5.87 Cr
Net margin 4.9%
EBITDA · FY 2025
₹18.09 Cr
EBITDA margin 15.2%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹34.5 Lakh
Issued & subscribed
Open charges
₹56.1 Cr
Satisfied ₹9.92 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
142
Provident fund records
About Koel Colours Pvt Ltd
Data last updated:
Koel Colours Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 04 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1992PTC069373. Its GSTIN is 27AAACK3331K3ZL (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹34.5 Lakh. It is led by directors including Pinky Rishabh Desai and Rishabh Dhirubhai Desai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.85 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹5.87 Cr (net margin 4.9%) and EBITDA of ₹18.09 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 19% over five years.
The company has about 142 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Koel Colours. As per MCA filings, the company has open charges of ₹56.1 Cr and satisfied charges of ₹9.92 Cr on record. The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in November 2023. Its 9 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Anupam Colours Private Limited with revenue of ₹124.9 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 352 overdue payments to 54 micro and small suppliers.
Koel Colours Pvt Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0005794). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website koelcolours.com.
Company details
CIN U24220MH1992PTC069373
Registration Number 069373
Incorporation Date 04 November 1992
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 MSME
Udyam Registration UDYAM-GJ-25-0005794
Key People
Pinky Rishabh Desai Director Rishabh Dhirubhai Desai Director Hitendrakumar Bhikhubhai Desai Director Recognitions & Rankings of Koel Colours
Contact details
Koel Colours Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is koelcolours.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA/514 Kanakia Wall Street Andheri Kurla Road Near Bank Of Baroda Chakala Andheri (Eas, T), Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Koel Colours Pvt Ltd, buy the company report.
Comprehensive company report
Koel Colours Pvt Ltd - 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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Brands
Koel Colours operates one associated brand: Koel Colours. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pigment manufacturing for cosmetics, pharmaceuticals, food, and related industries. | koelcolours.com |
Business activity
The main business activity of Koel Colours 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 Koel Colours Pvt Ltd, buy the company report.
Financials of Koel Colours Pvt Ltd
FY 2025 filings availableKoel Colours Pvt Ltd reported revenue of ₹118.85 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹118.85 Cr ▲ 28%
Net profit · FY 2025
₹5.87 Cr margin 4.9%
EBITDA · FY 2025
₹18.09 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 24%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 14%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 28% growth in the latest year. EBITDA rose 10% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.87 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Trade Receivables | |||||
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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 | 15.2% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Koel Colours Pvt Ltd, buy the company report.
Board of directors of Koel Colours Pvt Ltd
Koel Colours has 7 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pinky Rishabh Desai | Director | 16 May 2015 | 11 Years 5 Months | Current |
| Rishabh Dhirubhai Desai | Director | 16 May 2015 | 11 Years 5 Months | Current |
| Hitendrakumar Bhikhubhai Desai | Director | 01 Apr 1995 | 31 Years 6 Months | Current |
| Kokila Dhirubhai Desai Also directs: Koel Pharma & Foods Private Limited | Director | 01 Apr 1995 | 31 Years 6 Months | Current |
| Nina Hitendra Kumar Desai Also directs: Koel Pharma & Foods Private Limited | Director | 01 Apr 1994 | 32 Years 6 Months | Current |
| Rujul Hitendra Desai | Director | 11 Jan 2016 | 10 Years 9 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Koel Colours Pvt Ltd is compared with the 9 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), 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 |
|---|---|---|---|---|---|---|
| Anupam Colours Private Limited | ₹124.9 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Nilkanth Organics Private Limited | ₹123.86 Cr (FY 2025) | 53.0% | Ankleshwar, Gujarat, India | |||
| Nirchem Dyes & Chemicals Private Limited | ₹122.53 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Raj Speciality Chemicals Private Limited | ₹122.44 Cr (FY 2025) | -38.0% | Tuticorin, Tamil Nadu, India | |||
| Koel Colours Pvt Ltdthis company | ₹118.85 Cr (FY 2025) | ₹5.87 Cr | 4.9% | 28.0% | 142 | Mumbai, Maharashtra, India |
| Jagson Colorchem Limited | ₹117.46 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India | |||
| Devarsons Industries Private Limited | ₹116.49 Cr (FY 2025) | 43.0% | Gujarat, India | |||
| Mcfills Enterprises Private Limited | ₹115.8 Cr (FY 2022) | -19.0% | Ahmedabad, Gujarat, India | |||
| CS Fine Interchem Private Limited | ₹112.74 Cr (FY 2025) | 18.0% | Vapi, Gujarat, India | |||
| Hi-Shine Inks Private Limited | ₹110.98 Cr (FY 2025) | -5.0% | Gujarat, India |
To see the full peer comparison of Koel Colours Pvt Ltd, buy the company report.
Auditor
Koel Colours Pvt Ltd is audited by JAPEN P. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAPEN P. SHAH & CO. | FY 2023 | 110209W |
Shareholding
The shareholding of Koel Colours Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Koel Colours Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹56.1 Cr
Satisfied charges
₹9.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2025 | 101048054 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 03 Jan 2025 | 101048172 | Citi Bank N.A. | ₹20 Cr | Open | |
| 10 Apr 2023 | 100767203 | Hdfc Bank Limited | ₹9.25 Cr | Open | |
| 21 Nov 2022 | 100647617 | Others | ₹3 Cr | Open | |
| 17 Jun 2022 | 100590739 | Others | ₹5 Cr | Open |
To see the full charge records of Koel Colours Pvt Ltd, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Koel Colours Pvt Ltd has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in November 2023.
Total deals
5
Secondary share transfers
4
Rights issue
1
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Rights issue | ₹6 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Koel Colours Pvt Ltd 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
Koel Colours Pvt Ltd has 12 MSME Form 1 returns on record between 2019 and 2024, listing 352 overdue payments to 54 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 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Colosperse Dyes and Intermediates Private Limited | |||
| Deepak Chemtex Limited | |||
| DCPL Speciality Chemicals Private Limited | |||
| Vasundhara Rasayans Limited | |||
| Siddhichem Industries |
To see the full MSME payment records of Koel Colours Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Koel Colours Pvt Ltd has a workforce of 142 employees on its EPFO records as of Dec 23, 2024, across 2 active EPFO establishments.
Employee count
142
Active EPFO establishments
2
Employee growth
-35.45%
GST
Koel Colours has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK3331K3ZL | Maharashtra | Active | 07 May 2018 |
| 24AAACK3331K1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Koel Colours Pvt Ltd, buy the company report.
Recent activity
Koel Colours Pvt Ltd has 7 board changes on record since 1992: 7 appointments. The latest: Rujul Hitendra Desai was appointed as Director on 11 Jan 2016.
AGM
Koel Colours Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Koel Colours Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 101048054 was registered on 06 Jan 2025.
Charges
A charge with Citi Bank N.A. amounted to Rs. 2,000.00 Lakh with Charge ID 101048172 was registered on 03 Jan 2025.
Charges
A charge with Others of Rs. 685.00 Lakh registered on 07 Oct 2014 with Charge ID 10528313 was modified on 10 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 925.00 Lakh with Charge ID 100767203 was registered on 10 Apr 2023.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 29 Apr 2014 with Charge ID 10504043 was modified on 10 Jan 2023.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100647617 was registered on 21 Nov 2022.
Charges
A charge registered on 28 May 2014 via Charge ID 10504021 with The Saraswat Co-Operative Bank Limited was fully satisfied on 17 Aug 2022.
Charges
A charge registered on 02 May 2014 via Charge ID 10504047 with The Saraswat Co-Operative Bank Limited was fully satisfied on 17 Aug 2022.
Charges
A charge registered on 17 Dec 2016 via Charge ID 100069526 with Others was fully satisfied on 19 Jul 2022.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100590739 was registered on 17 Jun 2022.
27 earlier events are in the company report.
Frequently asked questions
Koel Colours is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 04 November 1992 (34+ years old) and is registered under CIN U24220MH1992PTC069373.
Koel Colours has 7 current directors:
- Pinky Rishabh Desai - Director
- Rishabh Dhirubhai Desai - Director
- Hitendrakumar Bhikhubhai Desai - Director
- Kokila Dhirubhai Desai - Director
- Nina Hitendra Kumar Desai - Director
- Rujul Hitendra Desai - Director
- Dhirubhai Bhikhubhai Desai - Director
The latest financial statements of Koel Colours 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 Koel Colours is 27AAACK3331K3ZL, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACK3331K1ZT (Gujarat).
The CIN (Corporate Identification Number) of Koel Colours is U24220MH1992PTC069373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koel Colours was incorporated on 04 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Koel Colours has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in November 2023.
The peers of Koel Colours by revenue are Anupam Colours Private Limited, Nilkanth Organics Private Limited, Nirchem Dyes & Chemicals Private Limited, Raj Speciality Chemicals Private Limited, Jagson Colorchem Limited and 4 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rujul Hitendra Desai was appointed as Director on 11 Jan 2016. Pinky Rishabh Desai was appointed as Director on 16 May 2015. Rishabh Dhirubhai Desai was appointed as Director on 16 May 2015. Koel Colours has 7 board changes on record in total.
Yes, Koel Colours is registered as an MSME under Udyam registration (number: UDYAM-GJ-25-0005794).
Koel Colours has 12 MSME Form 1 returns on record between 2019 and 2024, listing 352 overdue payments to 54 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Koel Colours can be reached through the website koelcolours.com. Its registered office is in Mumbai, Maharashtra, India.