About Organic Coatings Limited
Data last updated: 22 December 2025
Organic Coatings Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in dyes and pigments, a part of the broader chemicals and materials sector. Incorporated on 22 April 1965, the company has been in operation for over 61 years.
Registered with ROC Mumbai under CIN L24220MH1965PLC013187. Listed on BSE: 531157.
Capital: 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 and Ashwinkumar Raval.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29 Cr, a growth of 8% compared to the previous year.
The company has a workforce of approximately 67 employees as per the latest available data.
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.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressUnit No.405 Atlanta Estate Premises Coopsoc.Ltd. Vith Bhatti Nr Virwani Industrial Estate, Goregaon E, Mumbai, Maharashtra, India – 400063
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IndustryChemicals and Materials, Dyes & Pigments, Colorants
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Organic Coatings Limited
Organic Coatings Limited has one previous CIN (Corporate Identification Number): U24220MH1965PTC013187. The current CIN is L24220MH1965PLC013187, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24220MH1965PLC013187 | Current |
| U24220MH1965PTC013187 | Previous |
Associated Brands with Organic Coatings Limited
Organic Coatings Limited operates one associated brand: Organic Coatings. These brands represent Organic Coatings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Inks and coatings are manufactured for printing and packaging industries. | organic-coatings.com |
Business Activity of Organic Coatings Limited
Organic Coatings Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Organic Coatings Limited
Organic Coatings Limited is audited by SOMAN UDAY & CO. (ICAI peer reviewed, certificate valid till 2028-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| SOMAN UDAY & CO. (ICAI peer reviewed, certificate valid till 2028-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Organic Coatings Limited
Organic Coatings Limited is currently managed by 9 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Rajnikant Shah | Managing Director | 01 Dec 2008 | 17 Years 7 Months | Current |
| Ashwinkumar Raval | Director | 28 Jun 2021 | 5 Years 0 Months | Current |
| Kuppamuthu Sundaramurthy | Additional Director | 11 Aug 2025 | 0 Years 10 Months | Current |
| Chitkala Umakant Kulkarni | Director | 23 May 2024 | 2 Years 1 Months | Current |
| Dipakkumar Kantilal Kanabar | Director | 01 Feb 2021 | 5 Years 5 Months | Current |
| Ajay Rajnikant Shah | Cfo | 28 Jun 2021 | 5 Years 0 Months | Current |
Financials of Organic Coatings Limited FY 2026 filings available
Organic Coatings Limited reported revenue of ₹28.09 Cr (down 2.99% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹28.09 Cr | ₹28.96 Cr | ₹26.83 Cr | ₹22.9 Cr | ₹22.07 Cr | ₹13.72 Cr | ₹27.18 Cr | ₹35.59 Cr |
| Other Income | ₹10.55 Lakh | ₹4.66 Lakh | ₹6.51 Lakh | ₹16.67 Lakh | ₹10.6 Lakh | ₹38.43 Lakh | ₹75.25 Lakh | ₹23.71 Lakh |
| Total Income | ₹28.2 Cr | ₹29 Cr | ₹26.9 Cr | ₹23.06 Cr | ₹22.18 Cr | ₹14.1 Cr | ₹27.93 Cr | ₹35.82 Cr |
| Cost of Materials Consumed | ₹20.77 Cr | ₹21.63 Cr | ₹17.68 Cr | ₹16.77 Cr | ₹16.27 Cr | ₹9.82 Cr | ₹19.3 Cr | ₹27.65 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹47.2 Lakh | -₹15.51 Lakh | ₹9.89 Lakh | -₹3.35 Lakh | ₹36.78 Lakh | -₹20.61 Lakh | ₹67.09 Lakh | -₹51.77 Lakh |
| Employee Benefit Expense | ₹1.76 Cr | ₹1.29 Cr | ₹87.96 Lakh | ₹85.78 Lakh | ₹84.86 Lakh | ₹79.38 Lakh | ₹1.25 Cr | ₹1.84 Cr |
| Finance Costs | ₹71.31 Lakh | ₹1.16 Cr | ₹1.45 Cr | ₹1.49 Cr | ₹1.47 Cr | ₹1.39 Cr | ₹1.18 Cr | ₹1.12 Cr |
| Depreciation & Amortisation | ₹90.9 Lakh | ₹86.25 Lakh | ₹93.04 Lakh | ₹98.27 Lakh | ₹1.07 Cr | ₹1.3 Cr | ₹1.29 Cr | ₹1.34 Cr |
| Other Expenses | ₹7.77 Cr | ₹6.33 Cr | ₹6.34 Cr | ₹3.95 Cr | ₹4.12 Cr | ₹3.16 Cr | ₹4.76 Cr | ₹5.42 Cr |
| Total Expenses | ₹31.46 Cr | ₹31.11 Cr | ₹27.37 Cr | ₹24.01 Cr | ₹24.15 Cr | ₹16.25 Cr | ₹28.45 Cr | ₹36.85 Cr |
| Profit Before Exceptional Items & Tax | -₹3.26 Cr | -₹2.1 Cr | -₹47.35 Lakh | -₹95.04 Lakh | -₹1.97 Cr | -₹2.15 Cr | -₹51.29 Lakh | -₹1.03 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.26 Cr | -₹2.1 Cr | -₹47.35 Lakh | -₹95.04 Lakh | -₹1.97 Cr | -₹2.15 Cr | -₹51.29 Lakh | -₹1.03 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹3.02 Lakh | ₹0 | ₹0 | ₹2.31 Lakh |
| Net Profit | -₹3.26 Cr | -₹2.1 Cr | -₹47.35 Lakh | -₹95.04 Lakh | -₹2 Cr | -₹2.15 Cr | -₹51.29 Lakh | -₹1.05 Cr |
| Other Comprehensive Income | -₹1.06 Lakh | -₹5.28 Lakh | -₹1.87 Lakh | ₹98,000 | ₹1.24 Lakh | ₹1.95 Lakh | ₹0 | -₹13,000 |
| Total Comprehensive Income | -₹3.27 Cr | -₹2.16 Cr | -₹49.22 Lakh | -₹94.06 Lakh | -₹1.99 Cr | -₹2.13 Cr | -₹51.29 Lakh | -₹1.05 Cr |
| EBITDA (computed) | -₹1.64 Cr | -₹8.42 Lakh | ₹1.91 Cr | ₹1.53 Cr | ₹57.28 Lakh | ₹53.38 Lakh | ₹1.95 Cr | ₹1.43 Cr |
| Basic EPS | ₹-3.27 | ₹-2.11 | ₹-0.62 | ₹-1.24 | ₹-2.61 | ₹-2.80 | ₹-0.67 | ₹-1.37 |
| Diluted EPS | ₹-3.27 | ₹-2.11 | ₹-0.62 | ₹-1.24 | ₹-2.61 | ₹-2.08 | ₹-0.67 | ₹-1.37 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹24.28 Cr | ₹17.77 Cr | ₹19.12 Cr | ₹19.72 Cr | ₹22.38 Cr | ₹22.35 Cr | ₹21.85 Cr | ₹31.16 Cr |
| Non-current Assets | ₹9.54 Cr | ₹9.15 Cr | ₹9.16 Cr | ₹9.95 Cr | ₹11.35 Cr | ₹12.36 Cr | ₹13.88 Cr | ₹15.52 Cr |
| Current Assets | ₹14.74 Cr | ₹8.62 Cr | ₹9.96 Cr | ₹9.77 Cr | ₹11.02 Cr | ₹9.99 Cr | ₹7.97 Cr | ₹15.64 Cr |
| Property, Plant & Equipment | ₹9.07 Cr | ₹8.7 Cr | ₹8.71 Cr | ₹9.5 Cr | ₹10.45 Cr | ₹11.49 Cr | ₹12.78 Cr | ₹14.06 Cr |
| Inventories | ₹5.35 Cr | ₹3.38 Cr | ₹3.13 Cr | ₹3.03 Cr | ₹3.38 Cr | ₹3.37 Cr | ₹3.41 Cr | ₹4.93 Cr |
| Trade Receivables | ₹8.05 Cr | ₹4.85 Cr | ₹6.38 Cr | ₹6.19 Cr | ₹6.5 Cr | ₹5.47 Cr | ₹4.12 Cr | ₹8.43 Cr |
| Cash & Equivalents | ₹97.3 Lakh | ₹5.88 Lakh | ₹68,000 | ₹1.29 Lakh | ₹19.3 Lakh | ₹58.71 Lakh | ₹74,000 | ₹84.34 Lakh |
| Equity (Net Worth) | ₹2.27 Lakh | ₹3.29 Cr | ₹1.19 Cr | ₹1.68 Cr | ₹2.63 Cr | ₹4.62 Cr | ₹6.75 Cr | ₹7.24 Cr |
| Equity Share Capital | ₹9.97 Cr | ₹9.97 Cr | ₹7.67 Cr | ₹7.67 Cr | ₹7.67 Cr | ₹7.67 Cr | ₹7.67 Cr | ₹7.67 Cr |
| Borrowings (Non-current) | ₹3.27 Cr | ₹4.42 Cr | ₹5.68 Cr | ₹6.73 Cr | ₹6.74 Cr | ₹8.07 Cr | ₹4.82 Cr | ₹3.41 Cr |
| Borrowings (Current) | ₹6.89 Cr | ₹3.31 Cr | ₹5.17 Cr | ₹5.26 Cr | ₹5.47 Cr | ₹4.51 Cr | ₹4.52 Cr | ₹4.89 Cr |
| Total Debt (computed) | ₹10.16 Cr | ₹7.73 Cr | ₹10.85 Cr | ₹11.99 Cr | ₹12.21 Cr | ₹12.58 Cr | ₹9.33 Cr | ₹8.3 Cr |
| Current Liabilities | ₹19.79 Cr | ₹9.68 Cr | ₹11.97 Cr | ₹11.01 Cr | ₹12.7 Cr | ₹9.4 Cr | ₹10.09 Cr | ₹16.05 Cr |
| Total Liabilities | ₹24.26 Cr | ₹14.48 Cr | ₹17.92 Cr | ₹18.04 Cr | ₹19.75 Cr | ₹17.74 Cr | ₹15.1 Cr | ₹23.92 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹44.22 Lakh | ₹89.22 Lakh | ₹2.7 Cr | ₹1.55 Cr | ₹1.39 Cr |
| Investing Cash Flow | -₹1.25 Cr | -₹81.41 Lakh | -₹12.33 Lakh | -₹1.59 Lakh | ₹1.13 Lakh |
| Financing Cash Flow | ₹1.72 Cr | -₹2.61 Lakh | -₹2.58 Cr | -₹1.72 Cr | -₹1.79 Cr |
| Capital Expenditure | ₹1.28 Cr | ₹85.25 Lakh | ₹14.11 Lakh | ₹3.96 Lakh | ₹3.53 Lakh |
| Free Cash Flow (computed) | -₹83.56 Lakh | ₹3.97 Lakh | ₹2.56 Cr | ₹1.51 Cr | ₹1.35 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹91.42 Lakh | ₹5.2 Lakh | -₹61,000 | -₹18.01 Lakh | -₹39.42 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹9.62 Cr | ₹5.87 Cr | ₹5.53 Cr | ₹7.07 Cr | ₹6.35 Cr | ₹3.39 Cr | ₹6.16 Cr | ₹13.06 Cr |
| Other Income | ₹2.72 Lakh | ₹2.93 Lakh | ₹2.81 Lakh | ₹2.09 Lakh | ₹17,000 | ₹1.58 Lakh | ₹1.39 Lakh | ₹1.51 Lakh |
| Total Income | ₹9.65 Cr | ₹5.9 Cr | ₹5.56 Cr | ₹7.09 Cr | ₹6.35 Cr | ₹3.4 Cr | ₹6.17 Cr | ₹13.08 Cr |
| Cost of Materials Consumed | ₹6.64 Cr | ₹4.75 Cr | ₹3.57 Cr | ₹5.81 Cr | ₹4.93 Cr | ₹2.25 Cr | ₹4.36 Cr | ₹10.09 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹38.18 Lakh | -₹86.42 Lakh | ₹29.11 Lakh | -₹28.08 Lakh | -₹8.56 Lakh | ₹8.93 Lakh | ₹21.87 Lakh | -₹37.75 Lakh |
| Employee Benefit Expense | ₹62.04 Lakh | ₹44.03 Lakh | ₹35.39 Lakh | ₹34.62 Lakh | ₹52.65 Lakh | ₹30.37 Lakh | ₹24.14 Lakh | ₹21.95 Lakh |
| Finance Costs | ₹16.29 Lakh | ₹17.08 Lakh | ₹18.26 Lakh | ₹19.69 Lakh | ₹19.69 Lakh | ₹29.73 Lakh | ₹33.21 Lakh | ₹32.93 Lakh |
| Depreciation & Amortisation | ₹23.7 Lakh | ₹23.17 Lakh | ₹22.66 Lakh | ₹21.37 Lakh | ₹21.06 Lakh | ₹20.74 Lakh | ₹21.86 Lakh | ₹22.59 Lakh |
| Other Expenses | ₹2.46 Cr | ₹2.12 Cr | ₹1.53 Cr | ₹1.66 Cr | ₹1.35 Cr | ₹1.14 Cr | ₹1.5 Cr | ₹2.33 Cr |
| Total Expenses | ₹10.5 Cr | ₹6.85 Cr | ₹6.16 Cr | ₹7.95 Cr | ₹7.13 Cr | ₹4.29 Cr | ₹6.87 Cr | ₹12.82 Cr |
| Profit Before Exceptional Items & Tax | -₹84.99 Lakh | -₹95.79 Lakh | -₹59.75 Lakh | -₹85.35 Lakh | -₹77.57 Lakh | -₹88.59 Lakh | -₹69.58 Lakh | ₹25.51 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹84.99 Lakh | -₹95.79 Lakh | -₹59.75 Lakh | -₹85.35 Lakh | -₹77.57 Lakh | -₹88.59 Lakh | -₹69.58 Lakh | ₹25.51 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹84.99 Lakh | -₹95.79 Lakh | -₹59.75 Lakh | -₹85.35 Lakh | -₹77.57 Lakh | -₹88.59 Lakh | -₹69.58 Lakh | ₹25.51 Lakh |
| Other Comprehensive Income | -₹1.06 Lakh | ₹0 | ₹0 | ₹0 | -₹5.28 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹86.05 Lakh | -₹95.79 Lakh | -₹59.75 Lakh | -₹85.35 Lakh | -₹82.85 Lakh | -₹88.59 Lakh | -₹69.58 Lakh | ₹25.51 Lakh |
| EBITDA (computed) | -₹45 Lakh | -₹55.54 Lakh | -₹18.83 Lakh | -₹44.29 Lakh | -₹36.82 Lakh | -₹38.12 Lakh | -₹14.51 Lakh | ₹81.03 Lakh |
| Basic EPS | ₹-0.85 | ₹-0.96 | ₹-0.60 | ₹-0.86 | ₹-0.78 | ₹-0.89 | ₹-0.91 | ₹0.33 |
| Diluted EPS | ₹-0.85 | ₹-0.96 | ₹-0.60 | ₹-0.86 | ₹-0.78 | ₹-0.89 | ₹-0.91 | ₹0.33 |
Shareholding Pattern of Organic Coatings Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 6.06%, retail and other public shareholders hold 93.44% of Organic Coatings Limited. The company had 2,736 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 6.06% | 6.06% | 22.54% | 29.73% | 38.00% | 55.83% |
| Public | 93.94% | 93.94% | 77.46% | 70.27% | 62.00% | 44.17% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 6.06% | 38.00% | 55.83% |
| Public | 93.94% | 62.00% | 44.17% |
| Promoter change (YoY, %pts) | -31.94 | -17.83 | - |
Charges & Borrowings of Organic Coatings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2022 | Others | ₹1 Cr | Open |
| 16 Mar 1995 | Others | ₹13.5 Cr | Open |
| 03 Jan 2008 | Bank of Maharashtra | ₹90 Lakh | Satisfied |
| 10 Feb 2007 | Bank of Maharashtra | ₹55 Lakh | Satisfied |
| 28 Jun 2005 | Bank of Maharashtra | ₹7.15 Lakh | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Organic Coatings Limited
Organic Coatings Limited has a workforce of 67 employees as of Oct 10, 2025.
Employee Count & EPFO Data of Organic Coatings Limited
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GST Compliance of Organic Coatings Limited
GSTIN & GST Filing Data of Organic Coatings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Organic Coatings Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Organic Coatings Limited
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MSME Payment Delays by Organic Coatings Limited
MSME Payment Delays by Organic Coatings Limited
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Subsidiaries & Group Companies of Organic Coatings Limited
Subsidiaries & Group Companies of Organic Coatings Limited
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MCA Filings & Documents of Organic Coatings Limited
MCA Filings & Documents of Organic Coatings Limited
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Recent Activity on Organic Coatings Limited
Frequently Asked Questions about Organic Coatings Limited
Organic Coatings Limited is an active public limited company in the chemicals and materials sector based in Mumbai, Maharashtra, India. It was incorporated on 22 April 1965 (61+ years old) and is registered under CIN L24220MH1965PLC013187. Listed on BSE: 531157. The company has 67 employees.
Organic Coatings Limited reported revenue of ₹29 Cr for FY 2025 (up 8.00% YoY).
The current directors of Organic Coatings Limited are:
- Abhay Rajnikant Shah
- Ashwinkumar Raval
- Ajay Rajnikant Shah
- Kuppamuthu Sundaramurthy
- Chitkala Umakant Kulkarni
- Dipakkumar Kantilal Kanabar
- Sudhir Rasiklal Shah
- Nikhil Sadarangani
- Parth Meenesh Patel
The primary industry of Organic Coatings Limited is chemicals and materials. The company specifically operates in dyes and pigments. The company is currently active in this sector.
Yes. Organic Coatings Limited is listed on BSE with code 531157.
Organic Coatings Limited can be reached at the registered office: Unit No.405 Atlanta Estate Premises Coopsoc.Ltd. Vith Bhatti Nr Virwani Industrial Estate, Goregaon E, Mumbai, Maharashtra, India – 400063, or through the website organiccoatingsltd.com.