MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-20-0087603
Morgan Paints Private Limited
Morgan Paints Private Limited - chemicals in Wankaner, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2025
₹1.54 Lakh
▼ 76% YoY
Net loss · FY 2025
₹9.23 Lakh
Latest filing
EBITDA · FY 2025
-₹3.88 Lakh
EBITDA margin -251.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Morgan Paints Private Limited
Data last updated:
Morgan Paints Private Limited is a private limited company based in Wankaner, Gujarat, India. It operates in the speciality chemicals segment of the chemicals sector. It was incorporated on 06 September 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24290GJ2022PTC135280.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Deba Narayan Jaykrishna Padhi and Nirav Chandrakant Kaneriya.
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 Wankaner, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.54 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹9.23 Lakh and EBITDA of -₹3.88 Lakh (EBITDA margin -251.6%).
Morgan Paints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0087603). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24290GJ2022PTC135280
Registration Number 135280
Incorporation Date 06 September 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0087603
Key People
Deba Narayan Jaykrishna Padhi Director Nirav Chandrakant Kaneriya Director Vimalkumar Pravinbhai Ardesana Director Recognitions & Rankings of Morgan Paints
Contact details
Morgan Paints Private Limited's registered office is in Wankaner, Gujarat.
- Registered AddressPlot No 48 R K Industrial Zone – 12, Sh – 113, Wankaner, Gujarat, India – 363621
- IndustryChemicals, Other Chemical Product, Manufacturing
Comprehensive company report
Morgan Paints 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
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Business activity
The main business activity of Morgan Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Morgan Paints Private Limited, buy the company report.
Financials of Morgan Paints Private Limited
FY 2025 filings availableMorgan Paints Private Limited reported revenue of ₹1.54 Lakh (down 76% YoY) for FY 2025.
Revenue · FY 2025
₹1.54 Lakh ▼ 76%
Net loss · FY 2025
₹9.23 Lakh
EBITDA · FY 2025
-₹3.88 Lakh margin -251.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 76%
EBITDA CAGR growth
1 year
▲ 80%
Revenue fell 76% in the latest year. EBITDA rose 80% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹3.88 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9.23 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -251.6% | ||
| Net Profit Margin | |||
| 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 Morgan Paints Private Limited, buy the company report.
Board of directors of Morgan Paints Private Limited
Morgan Paints has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deba Narayan Jaykrishna Padhi Also directs: D - Tech Paint LLP, Global Intertrade LLP, JKP Microminerals (India) Private Limited and 4 more | Director | 06 Sep 2022 | 4 Years 2 Months | Current |
| Nirav Chandrakant Kaneriya | Director | 06 Sep 2022 | 4 Years 2 Months | Current |
| Vimalkumar Pravinbhai Ardesana | Director | 06 Sep 2022 | 4 Years 2 Months | Current |
| Varun Devrajbhai Savaliya Also directs: Nimco Pumps Pvt Ltd | Director | 06 Sep 2022 | 4 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Morgan Paints 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 Morgan Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Morgan Paints Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Morgan Paints Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: Deba Narayan Jaykrishna Padhi was appointed as Director on 06 Sep 2022.
AGM
Morgan Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Morgan Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Deba Narayan Jaykrishna Padhi was appointed as Director.
Appointed
Nirav Chandrakant Kaneriya was appointed as Director.
Appointed
Varun Devrajbhai Savaliya was appointed as Director.
Appointed
Vimalkumar Pravinbhai Ardesana was appointed as Director.
Incorporation
06 Sep 2022
Morgan Paints Private Limited was registered on 06 Sep 2022 with Roc Ahmedabad & aged 4 years 2 months as per MCA records.
Frequently asked questions
Morgan Paints is an active private limited company based in Wankaner, Gujarat, India. The company works in other chemical product, within the chemicals industry. It was incorporated on 06 September 2022 (4+ years old) and is registered under CIN U24290GJ2022PTC135280.
Morgan Paints has 4 current directors:
- Deba Narayan Jaykrishna Padhi - Director
- Nirav Chandrakant Kaneriya - Director
- Vimalkumar Pravinbhai Ardesana - Director
- Varun Devrajbhai Savaliya - Director
The latest financial statements of Morgan Paints 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Morgan Paints is U24290GJ2022PTC135280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morgan Paints was incorporated on 06 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Deba Narayan Jaykrishna Padhi was appointed as Director on 06 Sep 2022. Nirav Chandrakant Kaneriya was appointed as Director on 06 Sep 2022. Varun Devrajbhai Savaliya was appointed as Director on 06 Sep 2022. Morgan Paints has 4 board changes on record in total.
Yes, Morgan Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0087603).
The registered office of Morgan Paints is at Plot No 48 R K Industrial Zone – 12, Sh – 113, Wankaner, Gujarat, India – 363621.
Morgan Paints operates in the chemicals industry, in the other chemical product segment.
The compliance status of Morgan Paints is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
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