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Startup India
Morpho Coatings Private Limited - chemicals and materials in Bulandshahr, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.82 Cr
▲ 142.88% YoY
Net profit · FY 2024
₹8.51 Lakh
Net margin 3%
EBITDA · FY 2024
₹20.16 Lakh
EBITDA margin 7.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹55 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
7
Provident fund records
About Morpho Coatings Private Limited
Data last updated:
Morpho Coatings Private Limited is a private limited company based in Bulandshahr, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 14 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2020PTC130896. Its GSTIN is 09AANCM5709L1ZU (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Sirohi and Parmatma Saran.
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 Bulandshahr, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.82 Cr. For the same year it recorded a net profit of ₹8.51 Lakh (net margin 3%) and EBITDA of ₹20.16 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Morpho Paints. As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
Morpho Coatings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0006714). For more details, the company can be reached via its website morphopaints.com.
Company Details of Morpho Coatings Private Limited
CIN U74999UP2020PTC130896
Registration Number 130896
Incorporation Date 14 July 2020
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0006714
Key People
Rahul Sirohi Director Parmatma Saran Director Recognitions & Rankings of Morpho Coatings
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0006714
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHouse No 16, Shiva Avasiya Colony, Bulandshahr, Uttar Pradesh, India – 203001
- IndustryChemicals and Materials, Chemical Distribution & Retail
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Associated Brands with Morpho Coatings Private Limited
Morpho Coatings operates one associated brand: Morpho Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializing in water and solvent-based paints with a focus on quality and innovation. | morphopaints.com |
Business Activity of Morpho Coatings Private Limited
The main business activity of Morpho Coatings 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Morpho Coatings Private Limited FY 2025 filings available
Morpho Coatings Private Limited reported revenue of ₹2.82 Cr for FY 2024.
Revenue · FY 2024
₹2.82 Cr
Net profit · FY 2024
₹8.51 Lakh margin 3%
EBITDA · FY 2024
₹20.16 Lakh margin 7.2%
Compounded Annual Growth Rate (CAGR) of Morpho Coatings Private Limited
Revenue CAGR growth
3 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 167%
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years. EBITDA rose 16% 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 Morpho Coatings Private Limited
| Metrics | 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 | ₹20.16 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.51 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 of Morpho Coatings Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• |
| 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 Morpho Coatings are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Morpho Coatings Private Limited
Morpho Coatings has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Sirohi | Director | 14 Jul 2020 | 6 Years 3 Months | Current |
| Parmatma Saran | Director | 14 Jul 2020 | 6 Years 3 Months | Current |
Peer Comparison of Morpho Coatings Private Limited
Morpho Coatings Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Garg Sci-Tech Glass (India) Private Limited | ₹2.82 Cr (FY 2021) | •••• | •••• | -16.0% | •••• | Vasai, Maharashtra, India |
| Chemoro Industries Limited | ₹2.82 Cr (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Vapi Chemicals Private Limited | ₹2.82 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Mumbai, Maharashtra, India |
| Eximius Trading Private Limited | ₹2.82 Cr (FY 2018) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| K.Lala Exotic Stones Private Limited | ₹2.82 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Lucknow, Uttar Pradesh, India |
| Morpho Coatings Private Limited this company | ₹2.82 Cr (FY 2024) | •••• | •••• | •••• | Bulandshahr, Uttar Pradesh, India | |
| Sam Polyurethanes Private Limited | ₹2.81 Cr (FY 2025) | •••• | •••• | 193.0% | •••• | New Delhi, Delhi, India |
| Credence Confra Industries Private Limited | ₹2.81 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hajipur, Bihar, India |
| Steel Scaff (India) Private Limited | ₹2.81 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | New Delhi, Delhi, India |
| Sampanya Minerals Private Limited | ₹2.81 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Rajsamand, Rajasthan, India |
| Jovens Chemex Private Limited | ₹2.81 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Morpho Coatings by revenue in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Morpho Coatings Private Limited
Morpho Coatings Private Limited is audited by GARG SINGLA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GARG SINGLA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Morpho Coatings Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Morpho Coatings Private Limited
Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2022 | Axis Bank Limited | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Morpho Coatings Private Limited
Morpho Coatings Private Limited has 4 court cases on record: 4 filed by Morpho Coatings. All cases are pending.
Total cases
4
Filed by the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bulandshahr, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Bulandshahr, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| District court, Bulandshahr, Uttar Pradesh | Criminal case | Filed by the company against Firm Masers Shree Ram Traders | Pending |
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Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Morpho Coatings Private Limited
Morpho Coatings Private Limited has a workforce of 7 employees as of Apr 05, 2024.
Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Morpho Coatings Private Limited
Morpho Coatings Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Parmatma Saran was appointed as Director on 14 Jul 2020.
AGM
Morpho Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Morpho Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Charges
A charge with Axis Bank Limited of Rs. 55.00 Lakh registered on 25 Nov 2022 with Charge ID 100648841 was modified on 17 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 55.00 Lakh with Charge ID 100648841 was registered on 25 Nov 2022.
Appointed
Parmatma Saran was appointed as Director.
Appointed
Rahul Sirohi was appointed as Director.
Incorporation
14 Jul 2020
Morpho Coatings Private Limited was registered on 14 Jul 2020 with Roc Uttar Pradesh Ii & aged 6 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Morpho Coatings Private Limited
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MSME Payment Delays by Morpho Coatings Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Morpho Coatings Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Morpho Coatings Private Limited
Morpho Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AANCM5709L1ZU | Uttar Pradesh | Active | 23 Jul 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Morpho Coatings Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Morpho Coatings Private Limited
Morpho Coatings is an active private limited company based in Bulandshahr, Uttar Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 14 July 2020 (6+ years old) and is registered under CIN U74999UP2020PTC130896.
Morpho Coatings reported revenue of ₹2.82 Cr for FY 2024.
Morpho Coatings has 2 current directors:
- Rahul Sirohi - Director
- Parmatma Saran - Director
Morpho Coatings reported a net profit of ₹8.51 Lakh (net margin 3%) and EBITDA of ₹20.16 Lakh (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Morpho Coatings is 48% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Morpho Coatings is 09AANCM5709L1ZU, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Morpho Coatings is U74999UP2020PTC130896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morpho Coatings has 4 court cases on record: 4 filed by the company. 4 are pending.
Morpho Coatings was incorporated on 14 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Morpho Coatings by revenue are Garg Sci-Tech Glass (India) Private Limited, Chemoro Industries Limited, Vapi Chemicals Private Limited, Eximius Trading Private Limited, K.Lala Exotic Stones Private Limited and 5 more, all in the Metals and Minerals industry (Chemical Retail and Distribution, Construction Materials Retail and Distribution).
Parmatma Saran was appointed as Director on 14 Jul 2020. Rahul Sirohi was appointed as Director on 14 Jul 2020.