About Aka Paintsystems Private Limited
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Aka Paintsystems Private Limited is a private limited company based in Kalyan, Maharashtra, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 19 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC286929. Its GSTIN is 27AAPCA0498N1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rajesh Dayakant Jha and Avdeshsingh Narendrasingh Kushwah.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 028 Bldg No D2/14 Radha Nagar Barave Road, Kalyan, Maharashtra, India – 421301.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.16 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Lakh (net margin 0.6%) and EBITDA of ₹5.51 Lakh (EBITDA margin 1.7%).
As per MCA filings, the company has open charges of ₹27.51 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akapaintsystems.com.
Company details
Contact details
Aka Paintsystems Private Limited's registered office is in Kalyan, Maharashtra. Its website is akapaintsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address028 Bldg No D2/14 Radha Nagar Barave Road, Kalyan, Maharashtra, India – 421301
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Aka Paintsystems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Aka Paintsystems 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 Aka Paintsystems Private Limited, buy the company report.
Financials of Aka Paintsystems Private Limited
FY 2020 filings availableAka Paintsystems Private Limited reported revenue of ₹3.16 Cr (down 28% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year. EBITDA fell 37% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.16 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.51 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.91 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.7% | |||
| Net Profit Margin | 0.6% | |||
| 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 Aka Paintsystems Private Limited, buy the company report.
Board of directors of Aka Paintsystems Private Limited
Aka Paintsystems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Dayakant Jha | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
| Avdeshsingh Narendrasingh Kushwah | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Aka Paintsystems Private Limited is audited by S P A Y & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P A Y & CO | FY 2018 | 132976W |
Shareholding
The shareholding of Aka Paintsystems Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aka Paintsystems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2019 | 100236276 | State Bank of India | ₹27.51 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Aka Paintsystems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Spectrum Filtration Pvt Ltd | Pending |
To see the full case history of Aka Paintsystems Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Aka Paintsystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aka Paintsystems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA0498N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aka Paintsystems Private Limited, buy the company report.
Recent activity
Aka Paintsystems Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Kunal Sharad Patel ceased to be Director on 01 Oct 2020.
Frequently asked questions
Aka Paintsystems is an active private limited company based in Kalyan, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 19 October 2016 (10+ years old) and is registered under CIN U74999MH2016PTC286929.
Aka Paintsystems has 2 current directors:
- Rajesh Dayakant Jha - Director
- Avdeshsingh Narendrasingh Kushwah - Director
The latest financial statements of Aka Paintsystems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Aka Paintsystems is 27AAPCA0498N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aka Paintsystems is U74999MH2016PTC286929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aka Paintsystems has 1 court case on record: 1 filed against it. 1 is pending.
Aka Paintsystems was incorporated on 19 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Kunal Sharad Patel ceased to be Director on 01 Oct 2020. Gurudatt Giridhar Deshpande ceased to be Director on 27 Jan 2017. Avdeshsingh Narendrasingh Kushwah was appointed as Director on 19 Oct 2016. Aka Paintsystems has 4 board changes on record in total.
Aka Paintsystems can be reached through the website akapaintsystems.com. Its registered office is in Kalyan, Maharashtra, India.
The registered office of Aka Paintsystems is at 028 Bldg No D214 Radha Nagar Barave Road, Kalyan, Maharashtra, India – 421301.
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