M R Coatings Private Limited
About M R Coatings Private Limited
Data last updated:
M R Coatings Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 23 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28910GJ2004PTC044507. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Kanaiyalal Atmaram Pagrani and Arun Kumar Pandey.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No. 834 Aji Industrial Area Nr. Sitaram Weigh Bridge Bhavnagar Road, Rajkot, Gujarat, India – 360003.
As per the financials filed for FY 2017, the company reported a revenue of ₹38.33 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹36.48 Lakh (net margin -95.2%) and EBITDA of -₹15.98 Lakh (EBITDA margin -41.7%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.18 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
M R Coatings Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 834 Aji Industrial Area Nr. Sitaram Weigh Bridge Bhavnagar Road, Rajkot, Gujarat, India – 360003
- IndustryManufacturing, Paint & Coatings
To see the full contact details of M R 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 M R Coatings is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of M R Coatings Private Limited, buy the company report.
Financials of M R Coatings Private Limited
FY 2017 filings availableM R Coatings Private Limited reported revenue of ₹38.33 Lakh (down 44% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹38.33 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹15.98 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹36.48 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -41.7% | ||
| Net Profit Margin | -95.2% | ||
| 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 M R Coatings Private Limited, buy the company report.
Board of directors of M R Coatings Private Limited
M R Coatings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanaiyalal Atmaram Pagrani | Director | 12 Jul 2011 | 15 Years 3 Months | Current |
| Arun Kumar Pandey | Director | 12 Jul 2011 | 15 Years 3 Months | Current |
Auditor
M R Coatings Private Limited is audited by DODIYA MEHTA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DODIYA MEHTA & CO | FY 2017 | 120662W |
Shareholding
The shareholding of M R Coatings Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of M R Coatings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2007 | 10070166 | Bank of India | ₹22 Lakh | Satisfied | |
| 10 Oct 2005 | 80018615 | Bank of India | ₹48 Lakh | Satisfied | |
| 10 Oct 2005 | 80018742 | Boi | ₹48 Lakh | Satisfied |
To see the full charge records of M R Coatings Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
M R Coatings Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (CMA DC) | Filed against the company by Bharatbhai Madhavjibhai Patel, Partner of M/S. Rajeshwari Foundry | Disposed |
| District court, RAJKOT, Gujarat | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of M R 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 M R Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
M R Coatings has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
M R Coatings has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of M R Coatings Private Limited, buy the company report.
Recent activity
M R Coatings Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Madhuben Kanaiyalal Pagrani ceased to be Director on 01 Apr 2016.
2 earlier events are in the company report.
Frequently asked questions
M R Coatings is an active private limited company based in Rajkot, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 23 July 2004 (22+ years old) and is registered under CIN U28910GJ2004PTC044507.
M R Coatings has 2 current directors:
- Kanaiyalal Atmaram Pagrani - Director
- Arun Kumar Pandey - Director
The latest financial statements of M R Coatings on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. M R Coatings has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of M R Coatings is U28910GJ2004PTC044507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M R Coatings has 2 court cases on record: 2 filed against it.
M R Coatings was incorporated on 23 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Madhuben Kanaiyalal Pagrani ceased to be Director on 01 Apr 2016. Himanshu Amulakhrai Lalani ceased to be Director on 30 Jun 2013. Kishorbhai Tejabhai Sorathia ceased to be Director on 31 Jul 2012. M R Coatings has 5 board changes on record in total.
The registered office of M R Coatings is at Plot No. 834 Aji Industrial Area Nr. Sitaram Weigh Bridge Bhavnagar Road, Rajkot, Gujarat, India – 360003.
M R Coatings operates in the manufacturing industry, in the paint and coatings segment.
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