MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0009523
Korrocoat Polymers Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹10.5 Cr
▲ 28% YoY
Net profit · FY 2026
₹1.81 Cr
Net margin 17.2%
EBITDA · FY 2026
₹2.46 Cr
EBITDA margin 23.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.78 Cr
Satisfied ₹1.65 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
11
Provident fund records
About Korrocoat Polymers Private Limited
Data last updated:
Korrocoat Polymers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 20 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209MH1995PTC090818. Its GSTIN is 27AAACK7496B1ZG (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Archana Yogesh Rasane and Vimal Arun Rasne.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at S.No. 26/1 Gala No. 371/6 Nimbalkar Nagar Tathwade Tal. Mulshi Dist. Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2026, the company reported a revenue of ₹10.5 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 17.2%) and EBITDA of ₹2.46 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Korrocoat. As per MCA filings, the company has open charges of ₹2.78 Cr and satisfied charges of ₹1.65 Cr on record.
Korrocoat Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0009523). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website korrocoatpolymers.com.
Company details
CIN U25209MH1995PTC090818
Registration Number 090818
Incorporation Date 20 July 1995
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0009523
Recognitions & Rankings of Korrocoat Polymers
Contact details
Korrocoat Polymers Private Limited's registered office is in Pune, Maharashtra. Its website is korrocoatpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.No. 26/1 Gala No. 371/6 Nimbalkar Nagar Tathwade Tal. Mulshi Dist. Pune, Maharashtra, India – 411033
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Korrocoat Polymers Private Limited, buy the company report.
Comprehensive company report
Korrocoat Polymers 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
Brands
Korrocoat Polymers operates one associated brand: Korrocoat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of high-performance industrial paints and coatings in India. | korrocoatpolymers.com |
Business activity
The main business activity of Korrocoat Polymers 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 Korrocoat Polymers Private Limited, buy the company report.
Financials of Korrocoat Polymers Private Limited
FY 2026 filings availableKorrocoat Polymers Private Limited reported revenue of ₹10.5 Cr (up 28% YoY) for FY 2026.
Revenue · FY 2026
₹10.5 Cr ▲ 28%
Net profit · FY 2026
₹1.81 Cr margin 17.2%
EBITDA · FY 2026
₹2.46 Cr margin 23.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 22%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 58%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 28% growth in the latest year. EBITDA rose 134% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.81 Cr | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.4% | ||||
| Net Profit Margin | 17.2% | ||||
| 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 Korrocoat Polymers Private Limited, buy the company report.
Board of directors of Korrocoat Polymers Private Limited
Korrocoat Polymers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Yogesh Rasane | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
| Vimal Arun Rasne | Director | 20 Jul 1995 | 31 Years 3 Months | Current |
| Yogesh Aroon Rasane | Director | 20 Jul 1995 | 31 Years 3 Months | Current |
Auditor
Korrocoat Polymers Private Limited is audited by SHAILESH SHAH & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESH SHAH & CO. | FY 2026 | 109872W |
Shareholding
The shareholding of Korrocoat Polymers Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Korrocoat Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.78 Cr
Satisfied charges
₹1.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101172872 | Others | ₹1.2 Cr | Open | |
| 17 Sep 2025 | 101172920 | Others | ₹1.2 Cr | Open | |
| 24 Nov 2023 | 100830933 | Others | ₹8.44 Lakh | Open | |
| 24 Nov 2023 | 100831007 | Others | ₹30 Lakh | Open | |
| 24 Dec 2021 | 100537732 | Canara Bank | ₹4 Lakh | Satisfied |
To see the full charge records of Korrocoat Polymers Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Korrocoat Polymers Private Limited 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
Korrocoat Polymers Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 42 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Advance Addmine Private Limited | |||
| Royalty Minerals | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Korrocoat Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Korrocoat Polymers Private Limited has a workforce of 11 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
22.22%
GST
Korrocoat Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK7496B1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Korrocoat Polymers Private Limited, buy the company report.
Recent activity
Korrocoat Polymers Private Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Archana Yogesh Rasane ceased to be Additional Director on 30 Sep 2015.
Filing
Korrocoat Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Korrocoat Polymers 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. 120.00 Lakh with Charge ID 101172872 was registered on 17 Sep 2025.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 101172920 was registered on 17 Sep 2025.
Charges
A charge registered on 24 Dec 2021 via Charge ID 100537732 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 08 Feb 2010 via Charge ID 10235782 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 05 Jan 2008 via Charge ID 10098146 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 05 Jan 2008 via Charge ID 10098144 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 05 Jan 2008 via Charge ID 10098145 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 26 Apr 2002 via Charge ID 90091856 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 01 Dec 1997 via Charge ID 90088075 with Canara Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 01 Dec 1997 via Charge ID 90090589 with Canara Bank was fully satisfied on 15 Sep 2025.
20 earlier events are in the company report.
Frequently asked questions
Korrocoat Polymers is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 20 July 1995 (31+ years old) and is registered under CIN U25209MH1995PTC090818.
Korrocoat Polymers has 3 current directors:
- Archana Yogesh Rasane - Director
- Vimal Arun Rasne - Director
- Yogesh Aroon Rasane - Director
The latest financial statements of Korrocoat Polymers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Korrocoat Polymers is 27AAACK7496B1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Korrocoat Polymers is U25209MH1995PTC090818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korrocoat Polymers was incorporated on 20 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Archana Yogesh Rasane ceased to be Additional Director on 30 Sep 2015. Archana Yogesh Rasane was appointed as Director on 20 Aug 2014. Vimal Arun Rasne was appointed as Director on 20 Jul 1995. Korrocoat Polymers has 4 board changes on record in total.
Yes, Korrocoat Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0009523).
Korrocoat Polymers has 3 MSME Form 1 returns on record between 2022 and 2023, listing 42 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Korrocoat Polymers can be reached through the website korrocoatpolymers.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Korrocoat Polymers is at S.No. 261 Gala No. 3716 Nimbalkar Nagar Tathwade Tal. Mulshi Dist. Pune, Maharashtra, India – 411033.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages