Organic Coatings Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24220MH1965PLC013187 Incorporated 22 April 1965 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 531157 Public Limited Company chemicals and materials MSME · Small
Data last updated
Market Cap
₹21.15 Cr
ORGCOAT · BSE
Share Price
₹21.10
-0.47% today
Revenue
₹28.09 Cr
FY 2025-26 · -3.0% YoY
EBITDA
−₹1.75 Cr
Margin -6.2%
Net Profit
−₹3.26 Cr
FY 2025-26 · -56.0% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.97 Cr
Issued & subscribed
Open charges
₹14.5 Cr
Satisfied ₹4.49 Cr

About Organic Coatings Limited

Data last updated:

Organic Coatings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 22 April 1965 and has been in existence for over 61 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24220MH1965PLC013187. Its GSTIN is 27AAACO0099A3ZR (Maharashtra). The company holds 9 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 531157.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.97 Cr. It is led by directors including Abhay Rajnikant Shah (Managing Director) and Ashwinkumar Raval.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹28.09 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹3.26 Cr (net margin -11.6%) and EBITDA of -₹1.75 Cr (EBITDA margin -6.2%). The net worth stands at ₹2 Lakh (down 99.4% YoY). Total assets are valued at ₹11.38 Cr (down 0.2% YoY).

The company has about 67 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Organic Coatings. As per MCA filings, the company has open charges of ₹14.5 Cr and satisfied charges of ₹4.49 Cr on record. Court records list 63 cases involving the company, including 57 filed by the company and 6 filed against it; 9 cases are pending. The company has 34 deals on record (34 market trades); the latest was in November 2024. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 1,334 overdue payments to 34 micro and small suppliers.

Organic Coatings Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0005072). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website organiccoatingsltd.com.

Company details

CIN L24220MH1965PLC013187
Registration Number 013187
Incorporation Date 22 April 1965
ROC Mumbai
Listing Status Listed - Listed on BSE (531157)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0005072

CIN history

Organic Coatings has one previous CIN (Corporate Identification Number): U24220MH1965PTC013187. The current CIN is L24220MH1965PLC013187, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24220MH1965PLC013187Current
U24220MH1965PTC013187Previous

Recognitions & Rankings of Organic Coatings

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0005072

Contact details

Organic Coatings Limited's registered office is in Mumbai, Maharashtra. Its website is organiccoatingsltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Unit No.405 Atlanta Estate Premises Coopsoc.Ltd. Vith Bhatti Nr Virwani Industrial Estate, Goregaon E, Mumbai, Maharashtra, India – 400063
  • Industry
    Chemicals and Materials, Dyes & Pigments, Colorants

To see the full contact details of Organic Coatings Limited, buy the company report.

Comprehensive company report
Organic Coatings 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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Secure checkout · GST invoice included

Brands

Organic Coatings operates one associated brand: Organic Coatings. Each brand links to its own profile.

BrandDescriptionWebsite
Inks and coatings are manufactured for printing and packaging industries.organic-coatings.com

Business activity

The main business activity of Organic Coatings is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Organic Coatings Limited, buy the company report.

Financials of Organic Coatings Limited

FY 2025-26 filings available

Organic Coatings Limited reported revenue of ₹28.09 Cr (down 3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹28.09 Cr
-3.0% YoY
EBITDA
−₹1.75 Cr
-1358.3% YoY
Profit After Tax
−₹3.26 Cr
-56.0% YoY
Net Worth
₹0.02 Cr
-99.4% YoY
Total Assets
₹11.38 Cr
-0.2% YoY
Total Debt
₹10.16 Cr
+31.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue28.0928.9626.8322.9022.0714.0527.54
Revenue growth-3.0%+7.9%+17.2%+3.8%+57.1%-49.0%-
EBITDA(1.75)(0.12)1.831.370.470.481.56
EBITDA margin-6.2%-0.4%+6.8%+6.0%+2.1%+3.4%+5.7%
Profit before tax(3.26)(2.09)(0.48)(0.93)(1.96)(2.16)(0.51)
Net profit(3.26)(2.09)(0.48)(0.92)(1.99)(2.16)(0.51)
Net profit margin-11.6%-7.2%-1.8%-4.0%-9.0%-15.4%-1.9%
EPS (₹)(3.27)(2.11)(0.62)(1.24)(2.61)(2.80)(0.67)
Balance sheet
Total assets11.3811.4012.3213.9715.1417.4116.28
Net worth0.023.291.191.682.624.616.74
Total debt10.167.7310.8511.9812.2012.539.33
Cash & bank0.970.060.010.010.190.590.01
Net working capital1.852.253.174.024.255.062.40
Cash flow
Cash from operations0.440.892.701.551.39(1.27)(0.75)
Cash from investing(1.25)(0.81)(0.12)(0.02)0.010.000.06
Cash from financing1.72(0.03)(2.58)(1.72)(1.79)1.86(0.14)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue11.229.625.875.537.076.353.396.16
Revenue growth (YoY)+58.7%+51.5%+73.2%-10.2%-45.9%---
Other income0.010.030.030.030.020.000.020.01
Total expenses11.1810.106.455.757.546.723.786.32
EBITDA0.04(0.48)(0.58)(0.22)(0.47)(0.37)(0.39)(0.16)
EBITDA margin+0.4%-5.0%-9.9%-4.0%-6.6%-5.8%-11.5%-2.6%
Depreciation0.230.240.230.230.210.210.210.22
Interest0.180.160.170.180.200.200.300.33
Profit before tax(0.36)(0.85)(0.95)(0.60)(0.86)(0.78)(0.88)(0.70)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue11.229.625.875.537.076.353.396.16
Revenue growth (YoY)+58.7%+51.5%+73.2%-10.2%-45.9%---
Other income0.010.030.030.030.020.000.020.01
Total expenses11.1810.106.455.757.546.723.786.32
EBITDA0.04(0.48)(0.58)(0.22)(0.47)(0.37)(0.39)(0.16)
EBITDA margin+0.4%-5.0%-9.9%-4.0%-6.6%-5.8%-11.5%-2.6%
Depreciation0.230.240.230.230.210.210.210.22
Interest0.180.160.170.180.200.200.300.33
Profit before tax(0.36)(0.85)(0.95)(0.60)(0.86)(0.78)(0.88)(0.70)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue28.0928.9626.8322.9022.0714.0527.54
Revenue growth-3.0%+7.9%+17.2%+3.8%+57.1%-49.0%-
Other income0.110.050.070.170.110.050.40
Total expenses29.8429.0825.0021.5321.6013.5725.98
Employee cost0.001.290.880.820.850.791.25
EBITDA(1.75)(0.12)1.831.370.470.481.56
EBITDA margin-6.2%-0.4%+6.8%+6.0%+2.1%+3.4%+5.7%
Depreciation0.910.860.930.981.071.301.29
Interest0.711.161.451.491.471.391.18
Profit before tax(3.26)(2.09)(0.48)(0.93)(1.96)(2.16)(0.51)
Tax0.000.000.000.000.030.000.00
Net profit(3.26)(2.09)(0.48)(0.92)(1.99)(2.16)(0.51)
Net profit margin-11.6%-7.2%-1.8%-4.0%-9.0%-15.4%-1.9%
EPS (₹)(3.27)(2.11)(0.62)(1.24)(2.61)(2.80)(0.67)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.979.977.677.677.677.677.67
Reserves & surplus(9.95)(6.68)(6.48)(5.99)(5.05)(3.06)(0.93)
Shareholders' funds (net worth)0.023.291.191.682.624.616.74
Secured loans6.417.5610.7111.8212.0412.338.26
Unsecured loans3.750.170.140.160.160.201.07
Total debt10.167.7310.8511.9812.2012.539.33
Total liabilities11.3811.4012.3213.9715.1417.4116.28
Assets
Gross block30.2028.9428.1227.9827.9727.9328.12
Net block9.078.708.729.5010.4611.4912.79
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories5.353.383.133.033.383.373.41
Sundry debtors8.054.856.386.196.965.474.12
Cash & bank balances0.970.060.010.010.190.590.01
Loans & advances0.370.330.440.540.950.570.43
Total current assets14.748.629.969.7711.4810.007.97
Total current liabilities12.896.376.795.757.234.945.57
Net working capital1.852.253.174.024.255.062.40
Total assets11.3811.4012.3213.9715.1417.4116.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.060.010.010.190.590.010.84
Net cash from operating activities0.440.892.701.551.39(1.27)(0.75)
Net cash from investing activities(1.25)(0.81)(0.12)(0.02)0.010.000.06
Net cash from financing activities1.72(0.03)(2.58)(1.72)(1.79)1.86(0.14)
Net change in cash0.910.05(0.01)(0.18)(0.39)0.58(0.84)
Closing cash0.970.060.010.010.190.590.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-3.0%+7.9%+17.2%+3.8%+57.1%-49.0%-
EBITDA growth-1358.3%-106.6%+33.6%+191.5%-2.1%-69.2%-
PBT growth-56.0%-335.4%+48.4%+52.6%+9.3%-323.5%+50.0%
Net income growth-56.0%-335.4%+47.8%+53.8%+7.9%-323.5%-
Revenue CAGR (3Y)+7.1%+9.5%+24.1%-6.0%-14.7%-27.7%-2.8%
EBITDA CAGR (3Y)--+56.2%-4.2%-26.8%-36.8%-11.9%
Profitability & leverage
Net income margin-11.6%-7.2%-1.8%-4.1%-9.0%-15.4%-1.9%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity-25.100.0043.207.092.871.72
Long-term debt / equity-13.630.0024.174.261.690.74
Interest cover-26.69-118.37161.11382.05-245.00-169.51437.04
Efficiency & per share
Fixed asset turnover-1.091.020.880.850.541.05
Inventory turnover-8.908.717.156.544.146.60
Debtors turnover-5.164.273.483.552.934.39
EPS (₹)(3.27)(2.11)(0.62)(1.24)(2.61)(2.80)(0.67)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.001.43(0.88)(0.24)0.993.586.36

To see the full year-wise statements and ratios of Organic Coatings Limited, buy the company report.

Board of directors and KMP of Organic Coatings Limited

Organic Coatings Limited currently reports 6 directors and 1 key managerial person. 18 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Abhay Rajnikant ShahManaging Director01 Dec 200817 Years 10 MonthsCurrent
Ashwinkumar RavalDirector28 Jun 20215 Years 4 MonthsCurrent
Kuppamuthu SundaramurthyAdditional Director11 Aug 20251 Years 2 MonthsCurrent
Chitkala Umakant KulkarniDirector23 May 20242 Years 5 MonthsCurrent
Ajay Rajnikant ShahCfo28 Jun 20215 Years 4 MonthsCurrent
Nikhil SadaranganiAdditional Director13 Oct 20251 Years 0 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Auditor

Organic Coatings Limited is audited by Soman Uday & co. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Soman Uday & co.FY 2024110352W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 6.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.50% and retail and other public shareholders hold 93.40%.

Promoters: 6.10%DII (Domestic Institutional): 0.50%Retail & Others: 93.40%
Mar 2026
QUARTER
6.10% Promoters
0.50% DII (Domestic Institutional)
93.40% Retail & Others
Promoter holding - history
Now 6.10% · Mar 2026High 29.70% · Jun 2025Low 6.10% · Dec 2025
5%11.5%18%24.5%31%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 29.70%Sep 2025: 22.50%Dec 2025: 6.10%Mar 2026: 6.10%29.70%6.10%6.10%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters6.10%6.10%22.50%29.70%
Public93.90%93.90%77.50%70.30%

Charges & borrowings

Open charges
₹14.5 Cr
Satisfied charges
₹4.49 Cr
Breakdown by lending institutions
Others₹14.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 May 2022100579594Others₹1 CrOpen
16 Mar 199590240044Others₹13.5 CrOpen
03 Jan 200810084992Bank of Maharashtra₹90 LakhSatisfied
10 Feb 200710038984Bank of Maharashtra₹55 LakhSatisfied
28 Jun 200510010063Bank of Maharashtra₹7.15 LakhSatisfied

To see the full charge records of Organic Coatings Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Organic Coatings Limited has 34 deals on record (34 market trades); the latest was in November 2024.

Total deals
34
Market trades
34

Deals on record (5 of 34)

WhenDealAmountParties
Oct 2024Market trade₹12.4 LakhBuyer: Multiplier Share and Stock Advisors Private Limited
Oct 2024Market trade₹34.2 LakhBuyer: Setu Securities Private Limited , Green Peaks Enterprises LLP
Seller: Green Peaks Enterprises LLP , Setu Securities Private Limited
Oct 2024Market trade₹21.9 LakhBuyer: an individual
Seller: JMKD Broking Private Limited , an individual
Sep 2024Market trade₹9.1 LakhBuyer: JMKD Broking Private Limited
Seller: Sanjay B Shah (Huf)
Nov 2007Market trade₹12.7 LakhBuyer: Sun Investment and Trading Private Limited

To see the full deal history of Organic Coatings Limited, buy the company report.

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

Credit ratings & regulatory alerts

Organic Coatings Limited was last rated by Care on 02 Aug 2022.

Rating agencyRated onRating
Care02 Aug 2022

To see the full credit ratings and regulatory alerts of Organic Coatings Limited, buy the company report.

MSME payment delays

Organic Coatings Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 1,334 overdue payments to 34 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 34)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Kepri Chemical Laboratories
Aum Dyes and Chemicals Private Limited
Rama Cans Pvt Ltd

To see the full MSME payment records of Organic Coatings Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Organic Coatings Limited has a workforce of 67 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
67
Active EPFO establishments
1
Employee growth
26.42%

GST

Organic Coatings has 9 GST registrations: 3 active and 6 cancelled or inactive.

Total GSTINs
9
Active
3
Cancelled / inactive
6
GSTINStateStatusRegistered on
27AAACO0099A3ZRMaharashtraActive26 Sep 2017
27AAACO0099A4ZQMaharashtraActive01 Apr 2025
24AAACO0099A1ZZGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Organic Coatings Limited, buy the company report.

Recent activity

Organic Coatings Limited has 24 board changes on record since 2005: 9 appointments and 15 cessations. The latest: Nikhil Sadarangani was appointed as Additional Director on 13 Oct 2025.

Filing
Organic Coatings Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Nikhil Sadarangani was appointed as Additional Director.
Appointed
Parth Meenesh Patel was appointed as Additional Director.
AGM
Organic Coatings Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Kuppamuthu Sundaramurthy was appointed as Additional Director.
Ceased
Chitkala Umakant Kulkarni ceased to be Additional Director.
Appointed
Chitkala Umakant Kulkarni was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100579594 was registered on 23 May 2022.
Ceased
Ashwinkumar Raval ceased to be Additional Director.
Ceased
Dipakkumar Kantilal Kanabar ceased to be Additional Director.
Appointed
Ajay Rajnikant Shah was appointed as CFO.
Appointed
Ashwinkumar Raval was appointed as Director.

36 earlier events are in the company report.

Frequently asked questions

Organic Coatings is an active public limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 22 April 1965 (61+ years old) and is registered under CIN L24220MH1965PLC013187. Listed on BSE: 531157.

Organic Coatings reported revenue of ₹28.09 Cr for FY 2025-26 (down 3% YoY) based on standalone financials.

Organic Coatings has 7 current directors and KMP:

The latest financial statements of Organic Coatings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Organic Coatings is 27AAACO0099A3ZR, registered in Maharashtra. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 27AAACO0099A4ZQ (Maharashtra), 24AAACO0099A1ZZ (Gujarat).

The CIN (Corporate Identification Number) of Organic Coatings is L24220MH1965PLC013187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Organic Coatings is a listed company as per MCA records. Its shares are listed on BSE (code: 531157).

Organic Coatings has 63 court cases on record: 57 filed by the company and 6 filed against it. 9 are pending. Most are in the high courts.

Organic Coatings was incorporated on 22 April 1965, making it 61+ years old. It is registered with the Registrar of Companies, Mumbai.

Organic Coatings has 34 deals on record (34 market trades); the latest was in November 2024.

Nikhil Sadarangani was appointed as Additional Director on 13 Oct 2025. Parth Meenesh Patel was appointed as Additional Director on 13 Oct 2025. Kuppamuthu Sundaramurthy was appointed as Additional Director on 11 Aug 2025. Organic Coatings has 24 board changes on record in total.