About Zigma Paints Pvt Ltd
Data last updated:
Zigma Paints Pvt Ltd is a private limited company based in Nashik, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 23 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1992PTC068682. Its GSTIN is 27AAACZ0957C1ZF (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.52 Lakh. It is led by directors including Muskaan Alok Jha and Alok Jagdishchandra Jha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. H – 41 MIDC Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.5 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹22.28 Lakh (net margin 1.9%) and EBITDA of ₹71.89 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zigma Paints. As per MCA filings, the company has open charges of ₹2.63 Cr and satisfied charges of ₹59.5 Lakh on record. Court records list 44 cases involving the company, including 42 filed by the company and 2 filed against it; 8 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.5 Lakh; the latest was in December 2014. Its 5 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, 2 larger and 3 smaller; the largest is Blue Barry Paints Private Limited with revenue of ₹11.74 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 19 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zigmapaints.com.
Company details
Contact details
Zigma Paints Pvt Ltd's registered office is in Nashik, Maharashtra. Its website is zigmapaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. H – 41 MIDC Ambad, Nashik, Maharashtra, India – 422010
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Zigma Paints Pvt Ltd, 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
Brands
Zigma Paints operates one associated brand: Zigma Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying industrial paints, coatings, and speciality chemicals in India. | zigmapaints.com |
Business activity
The main business activity of Zigma Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Zigma Paints Pvt Ltd, buy the company report.
Financials of Zigma Paints Pvt Ltd
FY 2025 filings availableZigma Paints Pvt Ltd reported revenue of ₹11.5 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 4% 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 | ₹71.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.28 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Zigma Paints Pvt Ltd, buy the company report.
Board of directors of Zigma Paints Pvt Ltd
Zigma Paints has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muskaan Alok Jha | Director | 01 Jul 2007 | 19 Years 4 Months | Current |
| Alok Jagdishchandra Jha | Director | 01 Jul 2007 | 19 Years 4 Months | Current |
| Beena Jagdishchandra Jha | Director | 23 Sep 1992 | 34 Years 1 Months | Current |
| Jagdishchandra Badrinath Jha | Director | 23 Sep 1992 | 34 Years 1 Months | Current |
Peer comparison
Zigma Paints Pvt Ltd is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Barry Paints Private Limited | ₹11.74 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Vivacious Pharmatex Private Limited | ₹11.74 Cr (FY 2024) | -34.0% | Thane, Maharashtra, India | |||
| Zigma Paints Pvt Ltdthis company | ₹11.5 Cr (FY 2025) | ₹22.28 Lakh | 1.9% | -5.0% | 18 | Nashik, Maharashtra, India |
| Rely Paints Private Limited | ₹11.39 Cr (FY 2024) | -36.0% | Delhi, India | |||
| Vigneswara Paints Private Limited | ₹11.38 Cr (FY 2024) | -6.0% | Sivakasi, Tamil Nadu, India | |||
| Makeover Paints Private Limited | ₹11.36 Cr (FY 2024) | -5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Zigma Paints Pvt Ltd, buy the company report.
Auditor
Zigma Paints Pvt Ltd is audited by Phatak Joshi And Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phatak Joshi And Company | FY 2023 | 127813W |
Shareholding
The shareholding of Zigma Paints Pvt Ltd 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 Zigma Paints Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2021 | 100500965 | Sidbi | ₹33.04 Lakh | Open | |
| 11 Jun 2020 | 100351823 | Sidbi | ₹35 Lakh | Open | |
| 27 Nov 1997 | 80014586 | Others | ₹1.95 Cr | Open | |
| 07 Jan 2015 | 10542090 | Small Industries Development Bank of India | ₹20.25 Lakh | Satisfied | |
| 08 Jun 2011 | 10289349 | Small Industries Development Bank of India | ₹11.5 Lakh | Satisfied |
To see the full charge records of Zigma Paints Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Zigma Paints Pvt Ltd has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.5 Lakh; the latest was in December 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Funding round | ₹4.5 Lakh | Investors: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2011 | Funding round | ₹10 Lakh | Investors: 2 individuals |
| Oct 2007 | Funding round | ₹10 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zigma Paints Pvt Ltd has 44 court cases on record: 42 filed by Zigma Paints, 2 filed against it. 8 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 2 | 8 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Rainbow Deco Plas Private Limited | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Ams Engineering Industries India Pvt Ltd | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Digisat Skill India Pvt. Ltd. | Pending |
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Timblo Drydocks Pvt Ltd and Others | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Maximaa Systems Limited and 6 others | Disposed |
To see the full case history of Zigma Paints Pvt Ltd, 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
Zigma Paints Pvt Ltd has 7 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Famous Minerals and Chemicals Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Apon Industries Private Limited |
To see the full MSME payment records of Zigma Paints Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Zigma Paints Pvt Ltd has a workforce of 18 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 18 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Zigma Paints Pvt Ltd, buy the company report.
GST
Zigma Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0957C1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zigma Paints Pvt Ltd, buy the company report.
Recent activity
Zigma Paints Pvt Ltd has 4 board changes on record since 1992: 4 appointments. The latest: Alok Jagdishchandra Jha was appointed as Director on 01 Jul 2007.
5 earlier events are in the company report.
Frequently asked questions
Zigma Paints is an active private limited company based in Nashik, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 23 September 1992 (34+ years old) and is registered under CIN U24220MH1992PTC068682.
Zigma Paints has 4 current directors:
- Muskaan Alok Jha - Director
- Alok Jagdishchandra Jha - Director
- Beena Jagdishchandra Jha - Director
- Jagdishchandra Badrinath Jha - Director
The latest financial statements of Zigma Paints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zigma Paints is 27AAACZ0957C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Zigma Paints is U24220MH1992PTC068682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zigma Paints has 44 court cases on record: 42 filed by the company and 2 filed against it. 8 are pending.
Zigma Paints was incorporated on 23 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Zigma Paints has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.5 Lakh; the latest was in December 2014.
The peers of Zigma Paints by revenue are Blue Barry Paints Private Limited, Vivacious Pharmatex Private Limited, Rely Paints Private Limited, Vigneswara Paints Private Limited, Makeover Paints Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Alok Jagdishchandra Jha was appointed as Director on 01 Jul 2007. Muskaan Alok Jha was appointed as Director on 01 Jul 2007. Beena Jagdishchandra Jha was appointed as Director on 23 Sep 1992. Zigma Paints has 4 board changes on record in total.
Zigma Paints has 7 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 19 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Zigma Paints can be reached through the website zigmapaints.com. Its registered office is in Nashik, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
