M.J.Coaters Private Limited - manufacturing in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U27204MH2003PTC142570 Incorporated 08 October 2003 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹43.01 Cr
▲ 15% YoY
Net profit · FY 2024
₹6.79 Cr
Net margin 15.8%
EBITDA · FY 2024
₹10.43 Cr
EBITDA margin 24.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.1 Lakh
Issued & subscribed
Open charges
₹5.5 Cr
Satisfied ₹12.78 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
44
Provident fund records

About M.J.Coaters Private Limited

Data last updated:

M.J.Coaters Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 08 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27204MH2003PTC142570. Its GSTIN is 27AADCM7373E1ZD (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Vinne Jawahar Hemrajani and Amit Jawahar Hemrajani.

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 A – 474 MIDC Mahapemahape, Navi Mumbai, Maharashtra, India – 400701.

As per the financials filed for FY 2024, the company reported a revenue of ₹43.01 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.79 Cr (net margin 15.8%) and EBITDA of ₹10.43 Cr (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 10% over five years.

The company has about 44 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: MJ Coaters. As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹12.78 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 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 mjcoaters.com.

Company Details of M.J.Coaters Private Limited
CIN U27204MH2003PTC142570
Registration Number 142570
Incorporation Date 08 October 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    A – 474 MIDC Mahapemahape, Navi Mumbai, Maharashtra, India – 400701
  • Industry
    Manufacturing, Paint & Coatings
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Financials, compliance, directors, charges, ownership and filings for M.J.Coaters Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of M.J.Coaters Private Limited

The main business activity of M.J.Coaters is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of M.J.Coaters Private Limited FY 2024 filings available

M.J.Coaters Private Limited reported revenue of ₹43.01 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹43.01 Cr ▲ 15%
Net profit · FY 2024
₹6.79 Cr margin 15.8%
EBITDA · FY 2024
₹10.43 Cr margin 24.3%

Compounded Annual Growth Rate (CAGR) of M.J.Coaters Private Limited

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 43%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 84%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 15% growth in the latest year. EBITDA rose 133% 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 of M.J.Coaters Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹10.43 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹6.79 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 of M.J.Coaters Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin24.3%••••••••••••••••
Net Profit Margin15.8%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M.J.Coaters are in the company report.

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Financial statements from 2015

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Peer Comparison of M.J.Coaters Private Limited

M.J.Coaters Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paints). Its own revenue is ₹43.01 Cr.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
German Polymers and Coatings Private Limited₹44.21 Cr••••••••••••-Chengalpattu, Tamil Nadu, India
Vikma Chemicals & Coatings Pvt Ltd₹44.16 Cr••••••••••••-24 Paraganas (South), West Bengal, India
Metcon Coatings and Chemicals (India) Private Limited₹43.83 Cr••••••••••••-Thane, Maharashtra, India
Behr Process Paints (India) Private Limited₹43.62 Cr••••••••••••130Pune, Maharashtra, India
Luxture Surface Coatings Private Limited₹43.17 Cr••••••••••••138Ajmer, Rajasthan, India
M.J.Coaters Private Limited this company₹43.01 Cr••••••••••••-Navi Mumbai, Maharashtra, India
Apurva India Private Limited₹41.76 Cr••••••••••••43Mumbai, Maharashtra, India
Plantag Coatings India Private Limited₹41.07 Cr••••••••••••17Jodhpur, Rajasthan, India
Gxci Coatings Private Limited₹40.71 Cr••••••••••••-Delhi, India
German Paints India Private Limited₹40.69 Cr••••••••••••12Ranchi, Jharkhand, India
Advance Paints Private Limited₹39.78 Cr••••••••••••75Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below M.J.Coaters by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.

Auditor Details of M.J.Coaters Private Limited

M.J.Coaters Private Limited is audited by SHAH AND SHETH for the financial year 2022.

NameStatusAppointment DateCessation Date
SHAH AND SHETHLockedLockedLocked
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Board of Directors of M.J.Coaters Private Limited

M.J.Coaters has 4 directors on record. No former directors are listed.

Current Directors

Ownership and Shareholding of M.J.Coaters Private Limited

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Charges & Borrowings of M.J.Coaters Private Limited

Open charges
₹5.5 Cr
Satisfied charges
₹12.78 Cr
Breakdown by lending institutions
Axis Bank Limited₹5.50 Cr
Latest charge details
DateLenderAmountStatus
19 May 2023Axis Bank Limited₹2 CrOpen
11 Jan 2023Axis Bank Limited₹3.5 CrOpen
01 Aug 2018Tjsb Sahakari Bank Limited₹18 LakhSatisfied
21 Feb 2018Tjsb Sahakari Bank Limited₹6 CrSatisfied
01 Sep 2017Tjsb Sahakari Bank Limited₹1.35 CrSatisfied

Total charge records: 8 View all charges

MSME Payment Delays by M.J.Coaters Private Limited

M.J.Coaters Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 67 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
an individual supplier••••••••••••
Nakoda Plasto Coats Private Limited••••••••••••
Aeroaids Corporation••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with M.J.Coaters Private Limited

M.J.Coaters operates one associated brand: MJ Coaters. Each brand links to its own profile.

BrandDescriptionWebsite
Coating services including powder, PVDF, and wood finish for industrial and architectural applications in India.mjcoaters.com

Employees and EPFO Compliance at M.J.Coaters Private Limited

M.J.Coaters Private Limited has a workforce of 44 employees as of Apr 08, 2024.

Employee count
44
Active EPFO establishments
1
Employee growth
-4.35%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of M.J.Coaters Private Limited

M.J.Coaters has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Jaysons Chemical And Gases Private LimitedU24117MH2006PTC165241Locked

Showing major subsidiaries. Total: 1.

Recent Activity on M.J.Coaters Private Limited

M.J.Coaters Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Amit Jawahar Hemrajani was appointed as Director on 29 Sep 2018.

AGM
M.J.Coaters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
M.J.Coaters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100729232 was registered on 19 May 2023.
Charges
A charge registered on 01 Aug 2018 via Charge ID 100199558 with Tjsb Sahakari Bank Limited was fully satisfied on 20 Mar 2023.
Charges
A charge registered on 21 Feb 2018 via Charge ID 100265036 with Tjsb Sahakari Bank Limited was fully satisfied on 20 Mar 2023.
Charges
A charge registered on 16 Mar 2009 via Charge ID 10152189 with Tjsb Sahakari Bank Limited was fully satisfied on 20 Mar 2023.
Charges
A charge registered on 16 Mar 2009 via Charge ID 10152198 with Tjsb Sahakari Bank Limited was fully satisfied on 20 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 350.00 Lakh with Charge ID 100665862 was registered on 11 Jan 2023.
Charges
A charge registered on 01 Sep 2017 via Charge ID 100124326 with Tjsb Sahakari Bank Limited was fully satisfied on 05 May 2022.
Appointed
Amit Jawahar Hemrajani was appointed as Director.
Appointed
Eshan Jawahar Hemrajani was appointed as Director.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 18.00 Lakh with Charge ID 100199558 was registered on 01 Aug 2018.

12 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for M.J.Coaters Private Limited

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Subsidiaries & Group Companies of M.J.Coaters Private Limited

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GST Compliance of M.J.Coaters Private Limited

M.J.Coaters has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCM7373E1ZDMaharashtraActive01 Jul 2017
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MCA Filings & Documents of M.J.Coaters Private Limited

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Frequently Asked Questions about M.J.Coaters Private Limited

M.J.Coaters is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 08 October 2003 (23+ years old) and is registered under CIN U27204MH2003PTC142570.

M.J.Coaters reported revenue of ₹43.01 Cr for FY 2024 (up 15% YoY).

M.J.Coaters has 4 current directors:

M.J.Coaters reported a net profit of ₹6.79 Cr (net margin 15.8%) and EBITDA of ₹10.43 Cr (EBITDA margin 24.3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of M.J.Coaters is 43% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of M.J.Coaters is 27AADCM7373E1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of M.J.Coaters is U27204MH2003PTC142570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M.J.Coaters has 2 court cases on record: 1 filed by the company and 1 filed against it.

M.J.Coaters was incorporated on 08 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of M.J.Coaters by revenue are German Polymers and Coatings Private Limited, Vikma Chemicals & Coatings Pvt Ltd, Metcon Coatings and Chemicals (India) Private Limited, Behr Process Paints (India) Private Limited, Luxture Surface Coatings Private Limited and 5 more, all in the Manufacturing industry (Paints).

Amit Jawahar Hemrajani was appointed as Director on 29 Sep 2018. Eshan Jawahar Hemrajani was appointed as Director on 29 Sep 2018. Jawahar Hariram Hemrajani was appointed as Director on 08 Oct 2003. M.J.Coaters has 4 board changes on record in total.

M.J.Coaters has 10 MSME Form 1 returns on record between 2019 and 2023, listing 67 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 Aug 2023.

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