About Kripton Powder Paints Private Limited
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Kripton Powder Paints Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 24 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24222MH1991PTC062193. Its GSTIN is 27AAACK9838K1ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Deepak Krishnavatar Madan and Pallavi Rajendra Wankhede.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 94 MIDC Area Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.83 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹29.15 Lakh (net margin 1%) and EBITDA of ₹1.28 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
The company is associated with 1 brand: Kripton Powder Paints. As per MCA filings, the company has open charges of ₹4.65 Cr and satisfied charges of ₹6.52 Cr on record. Court records list 29 cases involving the company, including 24 filed by the company and 5 filed against it; 9 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 kripton.com.
Company details
Contact details
Kripton Powder Paints Private Limited's registered office is in Nashik, Maharashtra. Its website is kripton.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 94 MIDC Area Satpur, Nashik, Maharashtra, India – 422007
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Kripton Powder Paints 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
Brands
Kripton Powder Paints operates one associated brand: Kripton Powder Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of powder coatings for industrial and appliance applications in India. | kripton.com |
Business activity
The main business activity of Kripton Powder Paints 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 Kripton Powder Paints Private Limited, buy the company report.
Financials of Kripton Powder Paints Private Limited
FY 2024 filings availableKripton Powder Paints Private Limited reported revenue of ₹27.83 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.15 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Kripton Powder Paints Private Limited, buy the company report.
Board of directors of Kripton Powder Paints Private Limited
Kripton Powder Paints has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Krishnavatar Madan Also directs: Goldiden India Private Limited | Director | 24 Jun 1991 | 35 Years 4 Months | Current |
| Pallavi Rajendra Wankhede Also directs: Kripasna Foundation | Director | 02 Dec 2020 | 5 Years 10 Months | Current |
| Roma Deepak Madan | Director | 28 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Kripton Powder Paints Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments, Paints), 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 |
|---|---|---|---|---|---|---|
| Harlequin Paints Private Limited | ₹28.22 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Guljag Health Care Private Limited | ₹28.21 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Decotouch Paints Limited | ₹27.83 Cr (FY 2025) | -12.0% | Delhi, India | |||
| Kripton Powder Paints Private Limitedthis company | ₹27.83 Cr (FY 2024) | ₹29.15 Lakh | 1% | -5.0% | Nashik, Maharashtra, India | |
| Techno Plast Coatings Private Limited | ₹27.19 Cr (FY 2024) | 2039323.0% | Vapi, Gujarat, India |
To see the full peer comparison of Kripton Powder Paints Private Limited, buy the company report.
Auditor
Kripton Powder Paints Private Limited is audited by JAIN CHHAJED & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN CHHAJED & ASSOCIATES | FY 2023 | 127911W |
Shareholding
The shareholding of Kripton Powder Paints Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kripton Powder Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2011 | 10334613 | Others | ₹4.23 Cr | Open | |
| 12 Feb 1999 | 90213316 | Co-Operative Bank Ltd | ₹15 Lakh | Open | |
| 20 Aug 1998 | 90214726 | Union Bank of India | ₹7.5 Lakh | Open | |
| 25 Jan 1994 | 90214500 | Union Bank of India | ₹20 Lakh | Open | |
| 10 Dec 2009 | 10196421 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of Kripton Powder Paints Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Kripton Powder Paints Private Limited has 29 court cases on record: 24 filed by Kripton Powder Paints, 5 filed against it. 9 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 4 | 5 |
| High courts | 11 | 1 | 4 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Pristine Metal Form Pvt Ltd Through Mr Anil Bakshi | Pending |
| District court, Nashik, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against M S Enterprises Through Mr. Mahesh | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Reliable Enterprises Through Prop. Mr. Nilesh Kalaskar | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against C J Traders Through Mr Nitin Joshi | Pending |
To see the full case history of Kripton Powder Paints 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
Kripton Powder Paints Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 59 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kanak Vinimay Private Limited | |||
| Shivkrupa Print Pack Private Limited | |||
| K T Quality Control Private Limited | |||
| an individual supplier | |||
| Tough Color Resins Private Limited |
To see the full MSME payment records of Kripton Powder Paints Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kripton Powder Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK9838K1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kripton Powder Paints Private Limited, buy the company report.
Recent activity
Kripton Powder Paints Private Limited has 6 board changes on record since 1991: 3 appointments and 3 cessations. The latest: Pallavi Rajendra Wankhede was appointed as Director on 02 Dec 2020.
15 earlier events are in the company report.
Frequently asked questions
Kripton Powder Paints is an active private limited company based in Nashik, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 24 June 1991 (35+ years old) and is registered under CIN U24222MH1991PTC062193.
Kripton Powder Paints has 3 current directors:
- Deepak Krishnavatar Madan - Director
- Pallavi Rajendra Wankhede - Director
- Roma Deepak Madan - Director
The latest financial statements of Kripton Powder Paints on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kripton Powder Paints is 27AAACK9838K1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kripton Powder Paints is U24222MH1991PTC062193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kripton Powder Paints has 29 court cases on record: 24 filed by the company and 5 filed against it. 9 are pending. Most are in the district courts.
Kripton Powder Paints was incorporated on 24 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kripton Powder Paints by revenue are Harlequin Paints Private Limited, Guljag Health Care Private Limited, Decotouch Paints Limited, Techno Plast Coatings Private Limited, all in the Chemicals industry (Dyes and Pigments, Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Pallavi Rajendra Wankhede was appointed as Director on 02 Dec 2020. Pranil Deepak Madan ceased to be Director on 02 Dec 2020. Krishnavatar Daulatsingh Madan ceased to be Director on 31 Dec 2010. Kripton Powder Paints has 6 board changes on record in total.
Kripton Powder Paints has 3 MSME Form 1 returns on record between 2023 and 2024, listing 59 overdue payments to 13 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Kripton Powder Paints can be reached through the website kripton.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Kripton Powder Paints is at D – 94 MIDC Area Satpur, Nashik, Maharashtra, India – 422007.
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