Mysore Paints And Varnish Limited Company Logo

Mysore Paints And Varnish Limited - Company Profile

It is a manufacturing public limited state government company based in Mysore, Karnataka, India, established in 1947.

1947 | Mysore, Karnataka, India | Active
Last Updated:

About Mysore Paints And Varnish Limited

Mysore Paints And Varnish Limited, a active public limited state government company, was established on 04 November 1947 in Mysore, Karnataka, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U51434KA1947SGC000503. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.04 Cr.

Formerly known as The Mysore Lac And Paint Works Limited. It upholds a compliant status. Employing 41 professional, Its leadership includes Nanjegowda Shivakumar (Nominee Director), Hatrabailu Anantha Krishna Shobha (Nominee Director), Khazi Mohammed Irfan (Managing Director). Past directors included Raghu Ranganna, Kathi Ratna Prabha, Ranga Ramu Javaraiah. It holds ₹25.56 Cr open charges and no settled loans. Its latest AGM occurred on 27 December 2024, with the balance sheet filed on 31 March 2024. It is based at Thilaknagar Mysore Mysore, Mysore, Karnataka, 570015.

Company Details

  • CIN/LLPIN

    U51434KA1947SGC000503

  • Registration Number

    000503

  • Incorporation Date

    04 November 1947

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.04 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 78 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.56 Cr
  • Revenue Growth -5.60%
  • Profit Growth -15.98%
  • Ebitda -42.16%
  • Net Worth 4.51%
  • Total Assets -6.05%
Company report

Mysore Paints And Varnish Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mysore Paints And Varnish Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mysore Paints And Varnish Limited?

Current Directors

NameDesignationAppointment DateStatus
Nanjegowda ShivakumarNominee Director25 Jan 2024Current
Hatrabailu Anantha Krishna ShobhaNominee Director12 Mar 2020Current
Khazi Mohammed IrfanManaging Director20 Aug 2025Current
Halumatha Dasegowda GaneshaNominee Director26 Sep 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director22 May 2023Past
Pramod AbcsddNominee Director24 Nov 2014Past
Pramod AbcsddNominee Director27 Jul 2009Past
Pramod AbcsddNominee Director02 Nov 2016Past
Pramod AbcsddNominee Director25 Jan 2024Past
Pramod AbcsddNominee Director02 Dec 2015Past

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Financial Performance of Mysore Paints And Varnish.

Mysore Paints And Varnish Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.6% decrease. The company also saw a substantial fall in profitability, with a 15.98% decrease in profit. The company's net worth moved up by a moderate rise of 4.51%.

Mysore Paints And Varnish revenue growth over time
Mysore Paints And Varnish profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.60%
Revenue from Operations
-8.91%
Total Assets
-6.05%
Profit or Loss
-15.98%
Net Worth
4.51%
EBITDA
-42.16%

What is the Ownership and Shareholding Structure of Mysore Paints And Varnish?

In 2023, Mysore Paints And Varnish had a promoter holding of 91.39% and a public holding of 8.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹255,600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 21.06 Cr
  • State Bank Of India : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2024Others₹21.06 CrOpen
08 May 2023State Bank Of India₹4.50 CrOpen

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How Many Employees Work at Mysore Paints And Varnish?

Mysore Paints And Varnish has a workforce of 41 employees as of Oct 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mysore Paints And Varnish Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mysore Paints And Varnish, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mysore Paints And Varnish's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mysore Paints And Varnish

Recent Activity within the Organization

  • Director Appointment

    The activity Halumatha Dasegowda Ganesha was appointed as a Nominee Director was appointed as a Nominee Director on 26 Sep 2025 & has been associated with this company since 2 months 22 days . was completed.

  • Director Appointment

    Khazi Mohammed Irfan was appointed as a Managing Director was appointed as a Managing Director on 20 Aug 2025 & has been associated with this company since 3 months 28 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Mysore Paints And Varnish Limited last Annual general meeting of members was held on 27 Dec 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mysore Paints And Varnish Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Nanjegowda Shivakumar was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jan 2024 & has been associated with this company since 1 year 10 months . was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 21.06 Cr with Charge ID 100854259 was registered on 08 Jan 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Mysore Paints And Varnish Limited?

    The CIN of Mysore Paints And Varnish Limited is U51434KA1947SGC000503.

  • Where is Mysore Paints And Varnish Limited headquartered?

    Mysore Paints And Varnish Limited is headquartered at Thilaknagar Mysore Mysore, Mysore, Karnataka, 570015.

  • When was Mysore Paints And Varnish Limited incorporated?

    Mysore Paints And Varnish Limited was incorporated on 04 November 1947.

  • Who are the current directors of Mysore Paints And Varnish Limited?

    The current directors of Mysore Paints And Varnish Limited are

  • What is the primary industry of Mysore Paints And Varnish Limited?

    The primary industry of Mysore Paints And Varnish Limited is Manufacturing.

  • Is Mysore Paints And Varnish Limited a listed company?

    Mysore Paints And Varnish Limited is unlisted.

  • What is the capital structure of Mysore Paints And Varnish Limited?

    The authorized capital of Mysore Paints And Varnish Limited is ₹1.50 Cr, and the paid-up capital is ₹1.04 Cr.

  • What is the compliance status of Mysore Paints And Varnish Limited?

    The compliance status of Mysore Paints And Varnish Limited is Compliant.

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