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About Miles Paints (India) Private Limited
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Miles Paints (India) Private Limited is a private limited company based in Singrauli, Madhya Pradesh, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 22 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45400MP2015PTC034123. Its GSTIN is 23AAJCM7043F2ZL (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Mukesh Kumar Singh Chandel and Rakesh Kumar Singh.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 141 Ncl Amlori Project, Singrauli, Madhya Pradesh, India – 486887.
As per the financials filed for FY 2019, the company reported a revenue of ₹85.51 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹9.33 Lakh (net margin -10.9%) and EBITDA of ₹2.86 Lakh (EBITDA margin 3.3%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milespaints.com.
Company details
Contact details
Miles Paints (India) Private Limited's registered office is in Singrauli, Madhya Pradesh. Its website is milespaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 141 Ncl Amlori Project, Singrauli, Madhya Pradesh, India – 486887
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Miles Paints (India) 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 Miles Paints (India) is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Miles Paints (India) Private Limited, buy the company report.
Financials of Miles Paints (India) Private Limited
FY 2019 filings availableMiles Paints (India) Private Limited reported revenue of ₹85.51 Lakh (up 38% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA fell 5% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹85.51 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.86 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9.33 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.3% | |||
| Net Profit Margin | -10.9% | |||
| 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 Miles Paints (India) Private Limited, buy the company report.
Board of directors of Miles Paints (India) Private Limited
Miles Paints (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Singh Chandel Also directs: Singrauli Krishnaraj Industries (India) Private Limited | Director | 22 Apr 2015 | 11 Years 6 Months | Current |
| Rakesh Kumar Singh Also directs: Singrauli Krishnaraj Industries (India) Private Limited | Director | 22 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Miles Paints (India) Private Limited is audited by GUPTA MAHENDRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA MAHENDRA & ASSOCIATES | FY 2019 | 019352C |
Shareholding
The shareholding of Miles Paints (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Miles Paints (India) Private Limited, buy the company report.
Legal cases
Miles Paints (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Miles Paints (India) 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 Miles Paints (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Miles Paints (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCM7043F2ZL | Madhya Pradesh | Active | 01 Jan 2019 |
| 09AAJCM7043F1ZC | Uttar Pradesh | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Miles Paints (India) Private Limited, buy the company report.
Recent activity
Miles Paints (India) Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Bhrigu Narayan Dubey ceased to be Managing Director on 25 Feb 2020.
Frequently asked questions
Miles Paints (India) is an active private limited company based in Singrauli, Madhya Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 22 April 2015 (11+ years old) and is registered under CIN U45400MP2015PTC034123.
Miles Paints (India) has 2 current directors:
- Mukesh Kumar Singh Chandel - Director
- Rakesh Kumar Singh - Director
The latest financial statements of Miles Paints (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Miles Paints (India) is 23AAJCM7043F2ZL, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAJCM7043F1ZC (Uttar Pradesh).
The CIN (Corporate Identification Number) of Miles Paints (India) is U45400MP2015PTC034123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miles Paints (India) has 1 court case on record: 1 filed against it.
Miles Paints (India) was incorporated on 22 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
Bhrigu Narayan Dubey ceased to be Managing Director on 25 Feb 2020. Mukesh Kumar Singh Chandel was appointed as Director on 22 Apr 2015. Rakesh Kumar Singh was appointed as Director on 22 Apr 2015.
Miles Paints (India) can be reached through the website milespaints.com. Its registered office is in Singrauli, Madhya Pradesh, India.
The registered office of Miles Paints (India) is at B – 141 Ncl Amlori Project, Singrauli, Madhya Pradesh, India – 486887.
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