MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0043598
_PRIVATE_LIMITED.webp)
Monarch Paints (India) Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.37 Cr
▼ 23% YoY
Net loss · FY 2025
₹41,000
Net margin -0.1%
EBITDA · FY 2025
₹35.67 Lakh
EBITDA margin 10.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹23.67 Lakh
Issued & subscribed
Satisfied charges
₹8.05 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
6
Provident fund records
About Monarch Paints (India) Private Limited
Data last updated:
Monarch Paints (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 11 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02422KA2005PTC036042. Its GSTIN is 29AACCK5597K1ZT (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.67 Lakh. It was formerly known as Khincha Paints Private Limited. It is led by directors Hemant Khincha Motilal and Sharad Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 422 11th Cross 3 Rdmain IV Phase 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.37 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹41,000 (net margin -0.1%) and EBITDA of ₹35.67 Lakh (EBITDA margin 10.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8.05 Cr on record. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹55 Lakh; the latest was in March 2014.
Monarch Paints (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0043598). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monarchpaints.in.
Company details
CIN U02422KA2005PTC036042
Registration Number 036042
Incorporation Date 11 April 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0043598
Recognitions & Rankings of Monarch Paints (India)
Contact details
Monarch Paints (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is monarchpaints.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 422 11th Cross 3 Rdmain IV Phase 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Monarch Paints (India) Private Limited, buy the company report.
Comprehensive company report
Monarch Paints (India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Monarch Paints (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Monarch Paints (India) Private Limited, buy the company report.
Financials of Monarch Paints (India) Private Limited
FY 2025 filings availableMonarch Paints (India) Private Limited reported revenue of ₹3.37 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹3.37 Cr ▼ 23%
Net loss · FY 2025
₹41,000 margin -0.1%
EBITDA · FY 2025
₹35.67 Lakh margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 3%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 9%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 23% fall in the latest year. EBITDA rose 43% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹35.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41,000 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Monarch Paints (India) Private Limited, buy the company report.
Board of directors of Monarch Paints (India) Private Limited
Monarch Paints (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Khincha Motilal | Director | 11 Apr 2005 | 21 Years 6 Months | Current |
| Sharad Kumar | Director | 11 Apr 2005 | 21 Years 6 Months | Current |
Auditor
Monarch Paints (India) Private Limited is audited by Ganapath Raj & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ganapath Raj & Co | FY 2023 | 000846S |
Shareholding
The shareholding of Monarch Paints (India) 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 Monarch Paints (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹8.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2015 | 10582491 | Icici Bank Limited | ₹3.1 Cr | Satisfied | |
| 13 Jun 2005 | 80012883 | State Bank of India | ₹4.95 Cr | Satisfied |
To see the full charge records of Monarch Paints (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Monarch Paints (India) Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹55 Lakh; the latest was in March 2014.
Total deals
3
Funding rounds
3
Disclosed funding
₹55 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹21 Lakh | Investors: 3 individuals |
| Feb 2011 | Funding round | ₹28.8 Lakh | Investors: 4 individuals |
| Apr 2006 | Funding round | ₹5.2 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Monarch Paints (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Monarch Paints (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Monarch Paints (India) Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
20%
GST
Monarch Paints (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK5597K1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monarch Paints (India) Private Limited, buy the company report.
Recent activity
Monarch Paints (India) Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Hemant Khincha Motilal was appointed as Director on 11 Apr 2005.
AGM
Monarch Paints (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Monarch Paints (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 13 Jun 2005 via Charge ID 80012883 with State Bank Of India was fully satisfied on 14 Aug 2024.
Charges
A charge with State Bank Of India of Rs. 495.00 Lakh registered on 13 Jun 2005 with Charge ID 80012883 was modified on 30 Aug 2018.
Charges
A charge registered on 29 Jul 2015 via Charge ID 10582491 with Icici Bank Limited was fully satisfied on 06 Jan 2016.
Charges
A charge with Icici Bank Limited amounted to Rs. 310.00 Lakh with Charge ID 10582491 was registered on 29 Jul 2015.
Charges
A charge with State Bank Of India amounted to Rs. 495.00 Lakh with Charge ID 80012883 was registered on 13 Jun 2005.
Appointed
Hemant Khincha Motilal was appointed as Director.
Appointed
Sharad Kumar was appointed as Director.
Incorporation
11 Apr 2005
Monarch Paints (India) Private Limited was registered on 11 Apr 2005 with Roc Bangalore & aged 21 years 6 months as per MCA records.
Frequently asked questions
Monarch Paints (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 11 April 2005 (21+ years old) and is registered under CIN U02422KA2005PTC036042.
Monarch Paints (India) has 2 current directors:
- Hemant Khincha Motilal - Director
- Sharad Kumar - Director
The latest financial statements of Monarch Paints (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Monarch Paints (India) is 29AACCK5597K1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Monarch Paints (India) is U02422KA2005PTC036042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monarch Paints (India) was incorporated on 11 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Monarch Paints (India) has 3 deals on record (3 funding rounds), with disclosed funding of ₹55 Lakh; the latest was in March 2014.
Hemant Khincha Motilal was appointed as Director on 11 Apr 2005. Sharad Kumar was appointed as Director on 11 Apr 2005.
Yes, Monarch Paints (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0043598).
Monarch Paints (India) can be reached through the website monarchpaints.in. Its registered office is in Bangalore, Karnataka, India.