MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TS-02-0002141
Nexon Paints Private Limited - manufacturing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.52 Cr
▼ 13% YoY
Net profit · FY 2025
₹2.8 Cr
Net margin 3.2%
EBITDA · FY 2025
₹5.66 Cr
EBITDA margin 6.5%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹7.58 Cr
Issued & subscribed
Open charges
₹10.91 Cr
Satisfied ₹44.01 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
193
Provident fund records
About Nexon Paints Private Limited
Data last updated:
Nexon Paints Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 18 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24200TG2008PTC057215. Its GSTIN is 36AALCS8326D1Z7 (Telangana). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.58 Cr. It was formerly known as Sai Coat Paints Private Limited. It is led by directors including Kharta Ram Choudhary (Managing Director) and Ajoy Mundkur.
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. 8 – 2 – 293/K/5/3F Phase – 3 Kamalapuri Colony, Hyderabad, Telangana, India – 500073.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.52 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 3.2%) and EBITDA of ₹5.66 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 193 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.91 Cr and satisfied charges of ₹44.01 Cr on record. Court records list 63 cases involving the company, including 59 filed by the company and 4 filed against it; 38 cases are pending. The company has 15 deals on record (10 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹6.74 Cr; the latest was in March 2023. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 908 overdue payments to 69 micro and small suppliers.
Nexon Paints Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0002141). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexonpaints.com.
Company details
CIN U24200TG2008PTC057215
Registration Number 057215
Incorporation Date 18 January 2008
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0002141
CIN history
Nexon Paints has one previous CIN (Corporate Identification Number): U24200AP2008PTC057215. The current CIN is U24200TG2008PTC057215, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24200TG2008PTC057215 | Current |
| U24200AP2008PTC057215 | Previous |
Key People
Kharta Ram Choudhary Managing Director Ajoy Mundkur Director Praveen Choudhary Kumar Director Recognitions & Rankings of Nexon Paints
Contact details
Nexon Paints Private Limited's registered office is in Hyderabad, Telangana. Its website is nexonpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 8 – 2 – 293/K/5/3F Phase – 3 Kamalapuri Colony, Hyderabad, Telangana, India – 500073
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Nexon Paints Private Limited, buy the company report.
Comprehensive company report
Nexon Paints 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 Nexon Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nexon Paints Private Limited, buy the company report.
Financials of Nexon Paints Private Limited
FY 2025 filings availableNexon Paints Private Limited reported revenue of ₹86.52 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹86.52 Cr ▼ 13%
Net profit · FY 2025
₹2.8 Cr margin 3.2%
EBITDA · FY 2025
₹5.66 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 4%
5 years · compounded
▲ 15%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 24% 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 | ₹5.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.8 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Nexon Paints Private Limited, buy the company report.
Board of directors of Nexon Paints Private Limited
Nexon Paints has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajoy Mundkur Also directs: Green2go Private Limited | Director | 04 Sep 2018 | 8 Years 2 Months | Current |
| Praveen Choudhary Kumar | Director | 31 Jan 2020 | 6 Years 9 Months | Current |
| Okaram Choudhary Also directs: K.R.C. Plast Private Limited | Director | 28 Mar 2015 | 11 Years 7 Months | Current |
| Kharta Ram Choudhary Also directs: K.R.C. Plast Private Limited, Puskar Sales Private Limited | Managing Director | 18 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Nexon Paints Private Limited is audited by A S AGARWAL & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S AGARWAL & CO | FY 2024 | 222861 |
Shareholding
The shareholding of Nexon Paints Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nexon Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.91 Cr
Satisfied charges
₹44.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100853203 | Hdfc Bank Limited | ₹60.56 Lakh | Open | |
| 27 Sep 2012 | 10380908 | Hdfc Bank Limited | ₹10.3 Cr | Open | |
| 29 Mar 2023 | 100716665 | Hdfc Bank Limited | ₹35.11 Cr | Satisfied | |
| 22 Nov 2008 | 10165019 | Bank of Baroda | ₹8.9 Cr | Satisfied |
To see the full charge records of Nexon Paints Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Nexon Paints Private Limited has 15 deals on record (10 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹6.74 Cr; the latest was in March 2023.
Total deals
15
Secondary share transfers
10
Rights issues
3
Funding rounds
2
Disclosed funding
₹6.74 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: K.R.C. Plast Private Limited |
| Mar 2015 | Rights issue | ₹62.3 Lakh | Investors: K.R.C. Plast Private Limited , 3 individuals |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Siddhivinayak Retails Private Limited , 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Siddhivinayak Retails Private Limited , an individual Seller: 4 individuals |
To see the full deal history of Nexon Paints Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nexon Paints Private Limited has 63 court cases on record: 59 filed by Nexon Paints, 4 filed against it. 38 cases are pending and 25 are disposed.
Total cases
63
Filed by the company
59
Filed against the company
4
Pending
38
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 59 | 2 | 35 |
| High courts | 4 | 2 | 3 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Sri. Venkateswara Enterprises, Rep. by Its Auth. Sig. Mr. S. Simhachalam | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. MK. Paints Rep. by Its Managing Partner Mr. Krishna Kumar B | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Fidha Paints and Hardwares, Rep. by Its Prop. Mr. Jamaludeen T, | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. M. S. Paints and Hardwares, Rep. by Its Proprietor, Mr. Arun Ms | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against New India Colour Home Rep by Shaikh Aqeel Shaikh Salim | Pending |
To see the full case history of Nexon Paints 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.
MSME payment delays
Nexon Paints Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 908 overdue payments to 69 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 69)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maharashtra Impex Limited | |||
| Sanjay Chemicals (India) Private Limited | |||
| an individual supplier | |||
| Hitech Specialities Solutions Private Limited | |||
| Morparia Industrials |
To see the full MSME payment records of Nexon Paints Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nexon Paints Private Limited has a workforce of 193 employees on its EPFO records as of Jun 05, 2025, across 2 active EPFO establishments.
Employee count
193
Active EPFO establishments
2
Employee growth
5.46%
GST
Nexon Paints has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
7
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCS8326D1Z7 | Telangana | Active | 01 Jul 2017 |
| 29AALCS8326D1Z2 | Karnataka | Active | 01 Jul 2017 |
| 33AALCS8326D1ZD | Tamil Nadu | Active | 01 Jul 2017 |
| 37AALCS8326D1Z5 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexon Paints Private Limited, buy the company report.
Recent activity
Nexon Paints Private Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Ramlal Choudhary ceased to be Director on 05 Nov 2020.
AGM
Nexon Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 29 Mar 2023 via Charge ID 100716665 with Hdfc Bank Limited was fully satisfied on 06 Sep 2025.
Filing
Nexon Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited of Rs. 35.11 Cr registered on 29 Mar 2023 with Charge ID 100716665 was modified on 12 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.61 Cr with Charge ID 100853203 was registered on 31 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.11 Cr with Charge ID 100716665 was registered on 29 Mar 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 10.30 Cr registered on 27 Sep 2012 with Charge ID 10380908 was modified on 02 Nov 2022.
Ceased
Ramlal Choudhary ceased to be Director.
Ceased
Praveen Choudhary Kumar ceased to be Additional Director.
Ceased
Jagdish Prasad ceased to be Director.
Ceased
Jassaram Dudaram Choudhary ceased to be Director.
Ceased
Mangilal Choudhary ceased to be Director.
17 earlier events are in the company report.
Frequently asked questions
Nexon Paints is an active private limited company based in Hyderabad, Telangana, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 18 January 2008 (18+ years old) and is registered under CIN U24200TG2008PTC057215.
Nexon Paints has 4 current directors:
- Kharta Ram Choudhary - Managing Director
- Ajoy Mundkur - Director
- Praveen Choudhary Kumar - Director
- Okaram Choudhary - Director
The latest financial statements of Nexon 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 Nexon Paints is 36AALCS8326D1Z7, registered in Telangana. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 29AALCS8326D1Z2 (Karnataka), 33AALCS8326D1ZD (Tamil Nadu), 37AALCS8326D1Z5 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Nexon Paints is U24200TG2008PTC057215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexon Paints has 63 court cases on record: 59 filed by the company and 4 filed against it. 38 are pending. Most are in the district courts.
Nexon Paints was incorporated on 18 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nexon Paints has 15 deals on record (10 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹6.74 Cr; the latest was in March 2023.
Ramlal Choudhary ceased to be Director on 05 Nov 2020. Praveen Choudhary Kumar ceased to be Additional Director on 30 Sep 2020. Jagdish Prasad ceased to be Director on 08 Aug 2020. Nexon Paints has 17 board changes on record in total.
Yes, Nexon Paints is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0002141).
Nexon Paints has 14 MSME Form 1 returns on record between 2019 and 2024, listing 908 overdue payments to 69 micro and small suppliers. The latest return was filed on 01 May 2024.
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