Vishal Coaters Private Limited

Vishal Coaters Private Limited - manufacturing in Patiala, Punjab, India. FY 2026 financials & compliance.
CIN U21012PB1998PTC021120 Incorporated 02 March 1998 ROC Chandigarh HQ Patiala, Punjab, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹120.2 Cr
▼ 20% YoY
Net profit · FY 2025
₹1.46 Cr
Net margin 1.2%
EBITDA · FY 2025
₹6.75 Cr
EBITDA margin 5.6%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.09 Cr
Issued & subscribed
Open charges
₹86.33 Cr
Satisfied ₹75.88 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
188
Provident fund records

About Vishal Coaters Private Limited

Data last updated:

Vishal Coaters Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 02 March 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21012PB1998PTC021120. Its GSTIN is 03AABCV2767P1ZX (Punjab). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.09 Cr. It was formerly known as Vishal Coaters Limited. It is led by directors including Ajay Mohan Gupta and Kunal Jain.

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 Vill: Khusropur Main Road, Patiala, Punjab, India – 147001.

As per the financials filed for FY 2025, the company reported a revenue of ₹120.2 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Cr (net margin 1.2%) and EBITDA of ₹6.75 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.

The company has about 188 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹86.33 Cr and satisfied charges of ₹75.88 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 3 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.49 Cr; the latest was in March 2024. Its 8 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 5 larger and 3 smaller; the largest is Umason Paper Private Limited with revenue of ₹122.85 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 6 micro and small suppliers.

Vishal Coaters Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0001021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssgpaper.com.

Company details

CIN U21012PB1998PTC021120
Registration Number 021120
Incorporation Date 02 March 1998
ROC Chandigarh
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-PB-17-0001021

CIN history

Vishal Coaters has one previous CIN (Corporate Identification Number): U21012PB1998PLC021120. The current CIN is U21012PB1998PTC021120, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U21012PB1998PTC021120Current
U21012PB1998PLC021120Previous

Recognitions & Rankings of Vishal Coaters

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-PB-17-0001021

Contact details

Vishal Coaters Private Limited's registered office is in Patiala, Punjab. Its website is ssgpaper.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Vill: Khusropur Main Road, Patiala, Punjab, India – 147001
  • Industry
    Manufacturing, Paper & Packaging Products

To see the full contact details of Vishal Coaters Private Limited, buy the company report.

Comprehensive company report
Vishal Coaters 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 Vishal Coaters is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Vishal Coaters Private Limited, buy the company report.

Financials of Vishal Coaters Private Limited

FY 2024 filings available

Vishal Coaters Private Limited reported revenue of ₹120.2 Cr (down 20% YoY) for FY 2025.

Revenue · FY 2025
₹120.2 Cr ▼ 20%
Net profit · FY 2025
₹1.46 Cr margin 1.2%
EBITDA · FY 2025
₹6.75 Cr margin 5.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 22%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 23%
5 years · compounded
▲ 6%

Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 2% 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₹6.75 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.46 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 Margin5.6%
Net Profit Margin1.2%
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 Vishal Coaters Private Limited, buy the company report.

Board of directors of Vishal Coaters Private Limited

Vishal Coaters has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Mohan GuptaDirector01 Dec 200817 Years 10 MonthsCurrent
Kunal JainDirector01 Feb 20179 Years 8 MonthsCurrent
Luv Mohan GuptaDirector13 Aug 20242 Years 2 MonthsCurrent

Peer comparison

Vishal Coaters Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Umason Paper Private Limited₹122.85 Cr (FY 2025)24.0%Dhrangadhra, Gujarat, India
Incohub Papers Private Limited₹122.65 Cr (FY 2025)20.0%Indore, Madhya Pradesh, India
Orient Board and Paper Mills Private Limited₹122.01 Cr (FY 2025)2.0%New Delhi, Delhi, India
Shrijee Paper Mills Private Limited₹121.32 Cr (FY 2025)27.0%Sabarkantha, Gujarat, India
Sterling Craft Paper Mill Private Limited₹120.46 Cr (FY 2025)17.0%Vadodara, Gujarat, India
Vishal Coaters Private Limitedthis company₹120.2 Cr (FY 2025)₹1.46 Cr1.2%-20.0%188Patiala, Punjab, India
Vimala Paper Company Private Limited₹120.18 Cr (FY 2024)-13.0%Madurai, Tamil Nadu, India
Sri Hari Venkateswara Paper Mills Private Limited₹119.59 Cr (FY 2025)23.0%Sivakasi, Tamil Nadu, India
Hra Paper Mills Private Limited₹119.21 Cr (FY 2025)28.0%Jalandhar, Punjab, India

To see the full peer comparison of Vishal Coaters Private Limited, buy the company report.

Auditor

Vishal Coaters Private Limited is audited by H.K.GOYAL & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H.K.GOYAL & COFY 2023012933N

Shareholding

The shareholding of Vishal Coaters 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 Vishal Coaters Private Limited, buy the company report.

Charges & borrowings

Open charges
₹86.33 Cr
Satisfied charges
₹75.88 Cr
Breakdown by lending institutions
Others₹86.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 May 2025101094707Others₹44.03 CrOpen
14 May 2025101094824Others₹42.3 CrOpen
14 Dec 2022100663246State Bank of India₹30.19 CrSatisfied
06 Mar 2021100443059Hdfc Bank Limited₹10.92 CrSatisfied
17 Sep 2020100380071Others₹1.22 CrSatisfied

To see the full charge records of Vishal Coaters Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Vishal Coaters Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.49 Cr; the latest was in March 2024.

Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹1.49 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Ankit Gupta HUF, Vidya Sagar HUF, 2 individuals
Seller: Hum Tum Marketing Private Limited , V.P.M.Finvest Private Limited, Venus Trading Co, an individual
May 2022Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2008Funding round₹1.29 CrInvestors: 4 individuals

To see the full deal history of Vishal Coaters Private 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

Vishal Coaters Private Limited was last rated by Care on 24 Aug 2021.

Rating agencyRated onRating
Care24 Aug 2021

To see the full credit ratings and regulatory alerts of Vishal Coaters Private Limited, buy the company report.

MSME payment delays

Vishal Coaters Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 6 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 6)

SupplierAmount dueDue sinceReported on
Gulshan Chemicals Private Limited
Yamuna Calcium Private Limited
Gulshan Polyols Limited
Jaya Microminerals Private Limited
Jamuna Minerals Haldwani

To see the full MSME payment records of Vishal Coaters Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Vishal Coaters Private Limited has a workforce of 188 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
188
Active EPFO establishments
1
Employee growth
10.59%

GST

Vishal Coaters has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AABCV2767P1ZXPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Vishal Coaters Private Limited, buy the company report.

Recent activity

Vishal Coaters Private Limited has 9 board changes on record since 1998: 6 appointments and 3 cessations. The latest: Sanjeev Kumar ceased to be Director on 15 Jul 2025.

Charges
A charge registered on 14 Dec 2022 via Charge ID 100663246 with State Bank Of India was fully satisfied on 29 Jul 2025.
Ceased
Sanjeev Kumar ceased to be Director.
Charges
A charge with Others amounted to Rs. 44.03 Cr with Charge ID 101094707 was registered on 14 May 2025.
Charges
A charge with Others amounted to Rs. 42.30 Cr with Charge ID 101094824 was registered on 14 May 2025.
AGM
Vishal Coaters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Luv Mohan Gupta was appointed as Director.
Ceased
Mohan Parkash ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 30.19 Cr registered on 14 Dec 2022 with Charge ID 100663246 was modified on 30 Jul 2024.
Filing
Vishal Coaters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with State Bank Of India amounted to Rs. 30.19 Cr with Charge ID 100663246 was registered on 14 Dec 2022.
Charges
A charge registered on 17 Sep 2020 via Charge ID 100380071 with Others was fully satisfied on 14 Nov 2022.
Charges
A charge registered on 18 Nov 2015 via Charge ID 10608434 with Others was fully satisfied on 14 Nov 2022.

32 earlier events are in the company report.

Frequently asked questions

Vishal Coaters is an active private limited company based in Patiala, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 02 March 1998 (28+ years old) and is registered under CIN U21012PB1998PTC021120.

Vishal Coaters has 3 current directors:

The latest financial statements of Vishal Coaters 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 Vishal Coaters is 03AABCV2767P1ZX, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Vishal Coaters is U21012PB1998PTC021120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vishal Coaters has 17 court cases on record: 9 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.

Vishal Coaters was incorporated on 02 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.

Vishal Coaters has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.49 Cr; the latest was in March 2024.

The peers of Vishal Coaters by revenue are Umason Paper Private Limited, Incohub Papers Private Limited, Orient Board and Paper Mills Private Limited, Shrijee Paper Mills Private Limited, Sterling Craft Paper Mill Private Limited and 3 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Sanjeev Kumar ceased to be Director on 15 Jul 2025. Luv Mohan Gupta was appointed as Director on 13 Aug 2024. Mohan Parkash ceased to be Director on 12 Aug 2024. Vishal Coaters has 9 board changes on record in total.

Yes, Vishal Coaters is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-17-0001021).

Vishal Coaters has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 May 2019.