MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0105752
Palash Colours Private Limited
Palash Colours Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.79 Cr
▼ 23% YoY
Net profit · FY 2024
₹24.86 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹1.08 Cr
EBITDA margin 7.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹4.63 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Palash Colours Private Limited
Data last updated:
Palash Colours Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 13 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24220GJ2011PTC066313. Its GSTIN is 24AAGCP1508B2Z1 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Pravin Popatbhai Patel and Miteshkumar Champaklal Gandhi.
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. 483 Phase II GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.79 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹24.86 Lakh (net margin 1.8%) and EBITDA of ₹1.08 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹4.63 Cr on record.
Palash Colours Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0105752). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24220GJ2011PTC066313
Registration Number 066313
Incorporation Date 13 July 2011
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-01-0105752
Key People
Pravin Popatbhai Patel Director Miteshkumar Champaklal Gandhi Director Anitaben Gandhi Ashishkumar Director Recognitions & Rankings of Palash Colours
Contact details
Palash Colours Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 483 Phase II GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Palash Colours Private Limited, buy the company report.
Comprehensive company report
Palash Colours 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Palash Colours 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 Palash Colours Private Limited, buy the company report.
Financials of Palash Colours Private Limited
FY 2025 filings availablePalash Colours Private Limited reported revenue of ₹13.79 Cr (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹13.79 Cr ▼ 23%
Net profit · FY 2024
₹24.86 Lakh margin 1.8%
EBITDA · FY 2024
₹1.08 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 2%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 23% fall in the latest year. EBITDA fell 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.86 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Palash Colours Private Limited, buy the company report.
Board of directors of Palash Colours Private Limited
Palash Colours has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Popatbhai Patel | Director | 13 Jul 2011 | 15 Years 3 Months | Current |
| Miteshkumar Champaklal Gandhi Also directs: Mahickra Chemicals Limited, RCN Specialities Private Limited | Director | 13 Jul 2011 | 15 Years 3 Months | Current |
| Anitaben Gandhi Ashishkumar | Director | 01 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Palash Colours Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), 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 |
|---|---|---|---|---|---|---|
| Syntron Industries Private Limited | ₹14.12 Cr (FY 2024) | -14.0% | Ahmedabad, Gujarat, India | |||
| Palash Colours Private Limitedthis company | ₹13.79 Cr (FY 2024) | ₹24.86 Lakh | 1.8% | -23.0% | Ahmedabad, Gujarat, India | |
| Doctor Auxiliary Private Limited | ₹13.77 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Inkia Inks Private Limited | ₹13.6 Cr (FY 2025) | 372.0% | Surat, Gujarat, India | |||
| Shree Union Ink & Graphic India Private Limited | ₹13.54 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Palash Colours Private Limited, buy the company report.
Auditor
Palash Colours Private Limited is audited by SINGHI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO | FY 2020 | 302049E |
Shareholding
The shareholding of Palash Colours Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Palash Colours Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2016 | 100029397 | Canara Bank | ₹4.63 Cr | Open |
To see the full charge records of Palash Colours Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Palash Colours Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palash Colours Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palash Colours has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP1508B2Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palash Colours Private Limited, buy the company report.
Recent activity
Palash Colours Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Anitaben Gandhi Ashishkumar ceased to be Additional Director on 29 Sep 2018.
AGM
Palash Colours Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Palash Colours Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Canara Bank of Rs. 462.60 Lakh registered on 24 Feb 2016 with Charge ID 100029397 was modified on 29 Dec 2021.
Ceased
Anitaben Gandhi Ashishkumar ceased to be Additional Director.
Appointed
Anitaben Gandhi Ashishkumar was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 462.60 Lakh with Charge ID 100029397 was registered on 24 Feb 2016.
Appointed
Miteshkumar Champaklal Gandhi was appointed as Director.
Appointed
Pravin Popatbhai Patel was appointed as Director.
Incorporation
13 Jul 2011
Palash Colours Private Limited was registered on 13 Jul 2011 with Roc Ahmedabad & aged 15 years 3 months as per MCA records.
Frequently asked questions
Palash Colours is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 13 July 2011 (15+ years old) and is registered under CIN U24220GJ2011PTC066313.
Palash Colours has 3 current directors:
- Pravin Popatbhai Patel - Director
- Miteshkumar Champaklal Gandhi - Director
- Anitaben Gandhi Ashishkumar - Director
The latest financial statements of Palash Colours 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 Palash Colours is 24AAGCP1508B2Z1, registered in Gujarat. 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 Palash Colours is U24220GJ2011PTC066313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palash Colours was incorporated on 13 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Palash Colours by revenue are Syntron Industries Private Limited, Doctor Auxiliary Private Limited, Inkia Inks Private Limited, Shree Union Ink & Graphic India Private Limited, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anitaben Gandhi Ashishkumar ceased to be Additional Director on 29 Sep 2018. Anitaben Gandhi Ashishkumar was appointed as Director on 01 Sep 2018. Miteshkumar Champaklal Gandhi was appointed as Director on 13 Jul 2011. Palash Colours has 4 board changes on record in total.
Yes, Palash Colours is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0105752).
The registered office of Palash Colours is at Plot No. 483 Phase II GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445.
Palash Colours operates in the chemicals and materials industry, in the dyes and pigments segment.