MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-04-0002780
Elegant Coatings Private Limited - machinery and equipment in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹363.16 Cr
▲ 26% YoY
Net profit · FY 2025
₹5.28 Cr
Net margin 1.5%
EBITDA · FY 2025
₹17.97 Cr
EBITDA margin 4.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹73.8 Lakh
Issued & subscribed
Open charges
₹69.16 Cr
Satisfied ₹26.14 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
154
Provident fund records
About Elegant Coatings Private Limited
Data last updated:
Elegant Coatings Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 23 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27108MH1995PTC092094. Its GSTIN is 27AAACE4983F1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.8 Lakh. It is led by directors including Ashok Pandurang Kale (Managing Director) and Pandurang Jagannath Kale.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gut No. 10 At Pharola Tq. Paithan, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2025, the company reported a revenue of ₹363.16 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.28 Cr (net margin 1.5%) and EBITDA of ₹17.97 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 23% over five years.
The company has about 154 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.16 Cr and satisfied charges of ₹26.14 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2011. Its 4 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Ramco Steels Private Limited with revenue of ₹370 Cr.
Elegant Coatings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0002780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalegroup.co.in.
Company details
CIN U27108MH1995PTC092094
Registration Number 092094
Incorporation Date 23 August 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-04-0002780
Key People
Ashok Pandurang Kale Managing Director Pandurang Jagannath Kale Director Kalpana Ashok Kale Director Recognitions & Rankings of Elegant Coatings
Contact details
Elegant Coatings Private Limited's registered office is in Aurangabad, Maharashtra. Its website is kalegroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGut No. 10 At Pharola Tq. Paithan, Aurangabad, Maharashtra, India – 431005
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Elegant Coatings Private Limited, buy the company report.
Comprehensive company report
Elegant Coatings 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 Elegant Coatings is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Elegant Coatings Private Limited, buy the company report.
Financials of Elegant Coatings Private Limited
FY 2024 filings availableElegant Coatings Private Limited reported revenue of ₹363.16 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹363.16 Cr ▲ 26%
Net profit · FY 2025
₹5.28 Cr margin 1.5%
EBITDA · FY 2025
₹17.97 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 21%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 26% growth in the latest year. EBITDA fell 26% 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 | ₹17.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Elegant Coatings Private Limited, buy the company report.
Board of directors of Elegant Coatings Private Limited
Elegant Coatings has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pandurang Jagannath Kale | Director | 23 Aug 1995 | 31 Years 2 Months | Current |
| Kalpana Ashok Kale Also directs: A. K. Engineering (I) Private Limited, Clad Metal India Private Limited, Backbone Engineering Private Limited and 1 more | Director | 17 Jan 2013 | 13 Years 9 Months | Current |
| Ashok Pandurang Kale Also directs: A. K. Engineering (I) Private Limited, Clad Metal India Private Limited, Backbone Engineering Private Limited and 3 more | Managing Director | 18 Mar 2005 | 21 Years 7 Months | Current |
| Ankit Ashok Kale | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Elegant Coatings Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramco Steels Private Limited | ₹370 Cr (FY 2025) | -12.0% | Delhi, India | |||
| Elegant Coatings Private Limitedthis company | ₹363.16 Cr (FY 2025) | ₹5.28 Cr | 1.5% | 26.0% | 154 | Aurangabad, Maharashtra, India |
| Vrinda Engineers Private Limited | ₹363.05 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Pooja Forge Limited | ₹361.48 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Osho Tools Private Limited | ₹356.96 Cr (FY 2025) | 5.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Elegant Coatings Private Limited, buy the company report.
Auditor
Elegant Coatings Private Limited is audited by BAHETI TOTLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAHETI TOTLA & ASSOCIATES | FY 2023 | 128574W |
Shareholding
The shareholding of Elegant Coatings 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 Elegant Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹69.16 Cr
Satisfied charges
₹26.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100692755 | Sidbi | ₹4.98 Cr | Open | |
| 31 Mar 2018 | 100175689 | Axis Bank Limited | ₹64.18 Cr | Open | |
| 03 Mar 2007 | 10057961 | Bank of Maharashtra | ₹6.26 Cr | Satisfied | |
| 27 Sep 2006 | 10024757 | Others | ₹19.5 Cr | Satisfied | |
| 17 Jun 1999 | 90160501 | Bank of Maharastra | ₹35 Lakh | Satisfied |
To see the full charge records of Elegant Coatings Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Elegant Coatings Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2011.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elegant Coatings Private Limited has 4 court cases on record: 2 filed by Elegant Coatings, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by M/S. Rockwell Industries Limited | Pending |
| High Court, TELANGANA | Revision petition | Filed by the company against M/S. Rockwell Industries Limited | Disposed |
| District court, Aurangabad, Maharashtra | Court case (Civil M.A.) | Filed against the company by M/S. Rockwell Industries Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (REFERENCE IT) | Filed by the company against President All India Employees Union | Disposed |
To see the full case history of Elegant Coatings 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.
Credit ratings & regulatory alerts
Elegant Coatings Private Limited was last rated by Crisil on 05 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Mar 2020 |
To see the full credit ratings and regulatory alerts of Elegant Coatings Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elegant Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elegant Coatings Private Limited has a workforce of 154 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
154
Active EPFO establishments
1
Employee growth
1.32%
GST
Elegant Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE4983F1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elegant Coatings Private Limited, buy the company report.
Recent activity
Elegant Coatings Private Limited has 8 board changes on record since 1995: 4 appointments and 4 cessations. The latest: Madhusudan Parmanand Sharma ceased to be Director on 01 Oct 2024.
Charges
A charge with Axis Bank Limited of Rs. 64.18 Cr registered on 31 Mar 2018 with Charge ID 100175689 was modified on 17 Jun 2025.
Ceased
Madhusudan Parmanand Sharma ceased to be Director.
AGM
Elegant Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Elegant Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Sidbi of Rs. 4.98 Cr registered on 29 Mar 2023 with Charge ID 100692755 was modified on 20 Mar 2024.
Appointed
Ankit Ashok Kale was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 4.98 Cr with Charge ID 100692755 was registered on 29 Mar 2023.
Charges
A charge registered on 03 Mar 2007 via Charge ID 10057961 with Bank Of Maharashtra was fully satisfied on 11 Nov 2019.
Charges
A charge registered on 17 Jun 1999 via Charge ID 90160501 with Bank Of Maharastra was fully satisfied on 11 Nov 2019.
Charges
A charge registered on 19 Aug 1996 via Charge ID 90156394 with Bank Of Maharastra was fully satisfied on 11 Nov 2019.
Charges
A charge registered on 27 Sep 2006 via Charge ID 10024757 with Others was fully satisfied on 02 May 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 64.18 Cr with Charge ID 100175689 was registered on 31 Mar 2018.
14 earlier events are in the company report.
Frequently asked questions
Elegant Coatings is an active private limited company based in Aurangabad, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 23 August 1995 (31+ years old) and is registered under CIN U27108MH1995PTC092094.
Elegant Coatings has 4 current directors:
- Ashok Pandurang Kale - Managing Director
- Pandurang Jagannath Kale - Director
- Kalpana Ashok Kale - Director
- Ankit Ashok Kale - Director
The latest financial statements of Elegant Coatings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Elegant Coatings is 27AAACE4983F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elegant Coatings is U27108MH1995PTC092094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Coatings has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Elegant Coatings was incorporated on 23 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Elegant Coatings has 1 deal on record (1 secondary share transfer); the latest was in March 2011.
The peers of Elegant Coatings by revenue are Ramco Steels Private Limited, Vrinda Engineers Private Limited, Pooja Forge Limited, Osho Tools Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Madhusudan Parmanand Sharma ceased to be Director on 01 Oct 2024. Ankit Ashok Kale was appointed as Director on 08 Jan 2024. Kalpana Ashok Kale ceased to be Additional Director on 30 Sep 2013. Elegant Coatings has 8 board changes on record in total.
Yes, Elegant Coatings is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-04-0002780).
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