
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 474 MIDC Mahapemahape, Navi Mumbai, Maharashtra, India – 400701
- IndustryManufacturing, Paint & Coatings
- 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
- One PDF report, delivered after checkout
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of M.J.Coaters Private Limited
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.8% | •••• | •••• | •••• | •••• |
| 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | 130 | Pune, Maharashtra, India |
| Luxture Surface Coatings Private Limited | ₹43.17 Cr | •••• | •••• | •••• | 138 | Ajmer, Rajasthan, India |
| M.J.Coaters Private Limited this company | ₹43.01 Cr | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Apurva India Private Limited | ₹41.76 Cr | •••• | •••• | •••• | 43 | Mumbai, Maharashtra, India |
| Plantag Coatings India Private Limited | ₹41.07 Cr | •••• | •••• | •••• | 17 | Jodhpur, Rajasthan, India |
| Gxci Coatings Private Limited | ₹40.71 Cr | •••• | •••• | •••• | - | Delhi, India |
| German Paints India Private Limited | ₹40.69 Cr | •••• | •••• | •••• | 12 | Ranchi, Jharkhand, India |
| Advance Paints Private Limited | ₹39.78 Cr | •••• | •••• | •••• | 75 | Mumbai, 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH AND SHETH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of M.J.Coaters Private Limited
M.J.Coaters has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinne Jawahar Hemrajani Also directs: Jaysons Chemical and Gases Private Limited, M.J. Fabricators Private Limited, M.J. Coatings Private Limited and 1 more | Director | 08 Oct 2003 | 22 Years 11 Months | Current |
| Amit Jawahar Hemrajani Also directs: M.J. Fabricators Private Limited, M.J. Coatings Private Limited, GWS Engineers & Fabricators Pvt Ltd and 3 more | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Jawahar Hariram Hemrajani Also directs: Jaysons Chemical and Gases Private Limited, M.J. Fabricators Private Limited, M.J. Coatings Private Limited and 5 more | Director | 08 Oct 2003 | 22 Years 11 Months | Current |
| Eshan Jawahar Hemrajani Also directs: M.J. Fabricators Private Limited, M.J. Coatings Private Limited, M.J. Designfab Private Limited and 5 more | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of M.J.Coaters Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M.J.Coaters Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2023 | Axis Bank Limited | ₹2 Cr | Open |
| 11 Jan 2023 | Axis Bank Limited | ₹3.5 Cr | Open |
| 01 Aug 2018 | Tjsb Sahakari Bank Limited | ₹18 Lakh | Satisfied |
| 21 Feb 2018 | Tjsb Sahakari Bank Limited | ₹6 Cr | Satisfied |
| 01 Sep 2017 | Tjsb Sahakari Bank Limited | ₹1.35 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of M.J.Coaters Private Limited
M.J.Coaters Private Limited has 2 court cases on record: 1 filed by M.J.Coaters, 1 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA A) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Nakoda Plasto Coats Private Limited | •••• | •••• | •••• |
| Aeroaids Corporation | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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.
| Brand | Description | Website |
|---|---|---|
| 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 and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Jaysons Chemical And Gases Private Limited | U24117MH2006PTC165241 | Locked |
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.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for M.J.Coaters Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M.J.Coaters Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M.J.Coaters Private Limited
M.J.Coaters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM7373E1ZD | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M.J.Coaters Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Vinne Jawahar Hemrajani - Director
- Amit Jawahar Hemrajani - Director
- Jawahar Hariram Hemrajani - Director
- Eshan Jawahar Hemrajani - Director
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.