Carboline (India) Private Limited

Carboline (India) Private Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U24222TN1986PTC013250 Incorporated 05 August 1986 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹173.8 Cr
▼ 12% YoY
Net profit · FY 2025
₹14.47 Cr
Net margin 8.3%
EBITDA · FY 2025
₹21.14 Cr
EBITDA margin 12.2%
Authorised capital
₹70 Cr
Registered with MCA
Paid-up capital
₹37.23 Cr
Issued & subscribed
Satisfied charges
₹27.65 Cr
No open charges
Company age
40 yrs
Est. 1986
Employees · EPFO
526
Provident fund records

About Carboline (India) Private Limited

Data last updated:

Carboline (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Carboline International Corporation. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 05 August 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24222TN1986PTC013250. Its GSTIN is 33AAACC2469G1ZY (Tamil Nadu). The company holds 19 GST registrations, of which 14 are active.

The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹37.23 Cr. It was formerly known as C D C Carboline (India) Private Limited and C D C Carboline (India) Limited. It is led by directors Warren Lee Roberts and Grant Douglas Boonzaier.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot O 356 &357 SIDCO Indl Estate Ambattur Chennai 98, Tamil Nadu, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹173.8 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹14.47 Cr (net margin 8.3%) and EBITDA of ₹21.14 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.

The company has about 526 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Carboline India. As per MCA filings, the company has satisfied charges of ₹27.65 Cr on record. Court records list 63 cases involving the company, including 33 filed by the company and 30 filed against it; 5 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2015. Its 6 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 2 smaller; the largest is Technopaints and Chemicals Limited with revenue of ₹210.21 Cr. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 1,698 overdue payments to 73 micro and small suppliers.

Carboline (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0013009). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website carbolineindia.com.

Company details

CIN U24222TN1986PTC013250
Registration Number 013250
Incorporation Date 05 August 1986
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Carboline International Corporation
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-24-0013009

Name history

Carboline (India) has undergone 2 name changes throughout its history. The company was previously known as C D C Carboline (India) Private Limited, and C D C Carboline (India) Limited. The current legal name is Carboline (India) Private Limited.

Company NameStatus
Carboline (India) Private LimitedCurrent
C D C Carboline (India) Private LimitedPrevious
C D C Carboline (India) LimitedPrevious
Key People
Sandeep Sarda Company Secretary Warren Lee Roberts Director Grant Douglas Boonzaier Director

Recognitions & Rankings of Carboline (India)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-24-0013009

Contact details

Carboline (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is carbolineindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    carbolineindia.com
  • Social Media
  • Apps
  • Registered Address
    Plot O 356 &357 SIDCO Indl Estate Ambattur Chennai 98, Tamil Nadu, India
  • Industry
    Chemicals and Materials, Industrial Chemicals

To see the full contact details of Carboline (India) Private Limited, buy the company report.

Comprehensive company report
Carboline (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
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Brands

Carboline (India) operates one associated brand: Carboline India. Each brand links to its own profile.

BrandDescriptionWebsite
Carboline India
High-performance coatings, linings, and fireproofing products are supplied.carbolineindia.com

Business activity

The main business activities of Carboline (India) are manufacturing and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Carboline (India) Private Limited, buy the company report.

Financials of Carboline (India) Private Limited

FY 2025 filings available

Carboline (India) Private Limited reported revenue of ₹173.8 Cr (down 12% YoY) for FY 2025.

Revenue · FY 2025
₹173.8 Cr ▼ 12%
Net profit · FY 2025
₹14.47 Cr margin 8.3%
EBITDA · FY 2025
₹21.14 Cr margin 12.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 10%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 10%
5 years · compounded
▲ 41%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 38% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹21.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.47 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.2%
Net Profit Margin8.3%
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

To see the full financial statements and ratios of Carboline (India) Private Limited, buy the company report.

Board of directors and KMP of Carboline (India) Private Limited

Carboline (India) Private Limited currently reports 2 directors and 1 key managerial person. 15 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sandeep Sarda
Also directs: Tremco Roofing & Facility Services Private Limited, Tremco CPG (India) Private Limited, RPM Global Business Capability Center Private Limited
Company Secretary23 Mar 20188 Years 7 MonthsCurrent
Warren Lee Roberts
Also directs: Tremco CPG (India) Private Limited
Director09 Jan 20197 Years 9 MonthsCurrent
Grant Douglas Boonzaier
Also directs: Tremco CPG (India) Private Limited
Director18 Dec 20187 Years 10 MonthsCurrent
View all directors and KMP

Peer comparison

Carboline (India) Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Technopaints and Chemicals Limited₹210.21 Cr (FY 2025)54.0%Hyderabad, Telangana, India
Surfa Coats (India) Private Limited₹182.5 Cr (FY 2025)-3.0%Karnataka, India
SBL Specialty Coatings Private Limited₹178.7 Cr (FY 2025)-1.0%Chandigarh, India
Maharani Innovative Paints Private Limited₹174.21 Cr (FY 2025)7.0%New Delhi, Delhi, India
Carboline (India) Private Limitedthis company₹173.8 Cr (FY 2025)₹14.47 Cr8.3%-12.0%526Chennai, Tamil Nadu, India
Varna Coats Private Limited₹170.24 Cr (FY 2025)9.0%Bangalore, Karnataka, India
Sharp Coating Private Limited.₹163.04 Cr (FY 2025)22.0%New Delhi, Delhi, India

To see the full peer comparison of Carboline (India) Private Limited, buy the company report.

Auditor

Carboline (India) Private Limited is audited by Deloitte Haskins & Sells LLP, Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLP, Chartered AccountantsFY 2023Firm’s Registration No. 117366W/W-100018

Shareholding

The shareholding of Carboline (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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Carboline (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹27.65 Cr
Breakdown by lending institutions
Canara Bank₹26.90 Cr
Canbank Factors Limited₹0.60 Cr
The Tamil Nadu Industrial Investment Corporation Limited₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Feb 200810095049Canara Bank₹4.18 LakhSatisfied
07 Jun 200090306577Canbank Factors Limited₹30 LakhSatisfied
25 May 200090308519Canbank Factors Limited₹30 LakhSatisfied
06 Apr 200090307825Canara Bank₹4 LakhSatisfied
12 Jan 199690304983Canara Bank₹12.53 CrSatisfied

To see the full charge records of Carboline (India) Private Limited, buy the company report.

Total charge records: 22 View all charges

Deals & funding

Carboline (India) Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2015.

Total deals
4
Secondary share transfers
3
Rights issue
1

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2015Secondary share transferUndisclosedBuyer: Carboline International Corporation
Seller: Carboline International Inc
Jul 2014Rights issue₹31.36 CrInvestors: Carboline International Corporation, Carboline Company
Sep 2013Secondary share transferUndisclosedBuyer: Carboline Company
Seller: an individual
Oct 2009Secondary share transferUndisclosedBuyer: Carboline International Inc
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Carboline (India) Private Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 1,698 overdue payments to 73 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 (5 of 73)

SupplierAmount dueDue sinceReported on
an individual supplier
SRS Cargo Logistics (India) Private Limited
an individual supplier
Star Industries
Satyanarayan Impex Pvt. Ltd.

To see the full MSME payment records of Carboline (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Carboline (India) Private Limited has a workforce of 526 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
526
Active EPFO establishments
1
Employee growth
49.01%

GST

Carboline (India) has 19 GST registrations: 14 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
19
Active
14
Cancelled / inactive
5
GSTINStateStatusRegistered on
33AAACC2469G1ZYTamil NaduActive01 Jul 2017
33AAACC2469G3ZWTamil NaduActive19 Apr 2022
19AAACC2469G1ZOWest BengalActive01 Jul 2017
24AAACC2469G1ZXGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Carboline (India) Private Limited, buy the company report.

Recent activity

Carboline (India) Private Limited has 18 board changes on record since 2007: 3 appointments and 15 cessations. The latest: Grant Douglas Boonzaier ceased to be Additional Director on 03 Sep 2019.

AGM
Carboline (India) Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Carboline (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 06 Apr 2000 via Charge ID 90307825 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 12 Jan 1996 via Charge ID 90304983 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 10 Oct 1995 via Charge ID 90304959 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 07 Aug 1995 via Charge ID 90306333 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 01 Mar 1995 via Charge ID 90306299 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 28 Sep 1994 via Charge ID 90304845 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 03 Nov 1993 via Charge ID 90304750 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 11 Aug 1993 via Charge ID 90304733 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 03 May 1990 via Charge ID 90305971 with Canara Bank was fully satisfied on 06 Sep 2022.
Charges
A charge registered on 26 Mar 1990 via Charge ID 90307223 with Canara Bank was fully satisfied on 06 Sep 2022.

60 earlier events are in the company report.

Frequently asked questions

Carboline (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 05 August 1986 (40+ years old) and is registered under CIN U24222TN1986PTC013250.

Carboline (India) has 3 current directors and KMP:

The latest financial statements of Carboline (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Carboline (India) is 33AAACC2469G1ZY, registered in Tamil Nadu. The company has 19 GST registrations in all, of which 14 are active and 5 are cancelled or inactive. Other active GSTINs include 33AAACC2469G3ZW (Tamil Nadu), 19AAACC2469G1ZO (West Bengal), 24AAACC2469G1ZX (Gujarat).

The CIN (Corporate Identification Number) of Carboline (India) is U24222TN1986PTC013250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Carboline (India) has 63 court cases on record: 33 filed by the company and 30 filed against it. 5 are pending. Most are in the high courts.

Carboline (India) was incorporated on 05 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chennai.

Carboline (India) has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2015.

The peers of Carboline (India) by revenue are Technopaints and Chemicals Limited, Surfa Coats (India) Private Limited, SBL Specialty Coatings Private Limited, Maharani Innovative Paints Private Limited, Varna Coats Private Limited and 1 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Grant Douglas Boonzaier ceased to be Additional Director on 03 Sep 2019. Warren Lee Roberts ceased to be Additional Director on 03 Sep 2019. Jeffrey Steven Redfearn ceased to be Director on 30 Aug 2019. Carboline (India) has 18 board changes on record in total.

Yes, Carboline (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-24-0013009).

Carboline (India) has 16 MSME Form 1 returns on record between 2018 and 2024, listing 1,698 overdue payments to 73 micro and small suppliers. The latest return was filed on 30 Apr 2024.