About Panache Greentech Solutions Private Limited
Data last updated:
Panache Greentech Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 01 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29307GJ2011PTC065690. Its GSTIN is 24AAGCP0469B1ZS (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors including Nitish Sharad Jain and Brijlal Tiwari.
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. 13 Styanarayan Industrial Estate Gorwa, Vadodara, Gujarat, India – 390016.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.49 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹9.86 Lakh (net margin 2.8%) and EBITDA of ₹37.16 Lakh (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.08 Cr and satisfied charges of ₹2.42 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 panachegreen.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 13 Styanarayan Industrial Estate Gorwa, Vadodara, Gujarat, India – 390016
- IndustryManufacturing, Paint & Coatings
- 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
- One PDF report, delivered after checkout
Business Activity of Panache Greentech Solutions Private Limited
The main business activity of Panache Greentech Solutions is goods and service producing activities of households for own use. In detail, this covers undifferentiated goods and service producing activities of households for own use.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| T | Goods and service producing activities of households for own use | T2 | Undifferentiated goods and service producing activities of households for own use | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Panache Greentech Solutions Private Limited FY 2025 filings available
Panache Greentech Solutions Private Limited reported revenue of ₹3.49 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Panache Greentech Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA rose 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 of Panache Greentech Solutions Private Limited
| 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 | ₹37.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.86 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 of Panache Greentech Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Panache Greentech Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Panache Greentech Solutions Private Limited
Panache Greentech Solutions Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services, Paints). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Fridge Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Venus Decorative Paints Limited | •••• | •••• | •••• | •••• | - | Punjab, India |
| Neel Paints Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Shalaka Projects Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ideal Offshore & Interior Works Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Panache Greentech Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Demiurge Ventures and Contractors Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Royalview Infradevelopers Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Designedge Concrete Products Private Limited | •••• | •••• | •••• | •••• | 15 | Thrissur, Kerala, India |
| DLP Construction Private Limited | •••• | •••• | •••• | •••• | - | Rishra, West Bengal, India |
| Disha Executors Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Panache Greentech Solutions by revenue in the Infrastructure industry (Construction Services, Paints), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Panache Greentech Solutions Private Limited
Panache Greentech Solutions Private Limited is audited by K. J. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. J. SHAH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Panache Greentech Solutions Private Limited
Panache Greentech Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Sharad Jain Also directs: Panache Green Chem LLP, Nysa Life Science LLP | Director | 19 Mar 2024 | 2 Years 6 Months | Current |
| Brijlal Tiwari | Director | 19 Mar 2024 | 2 Years 6 Months | Current |
| Neetu Sharad Jain Also directs: Panache Green Chem LLP | Director | 01 Jun 2011 | 15 Years 4 Months | Current |
Ownership and Shareholding of Panache Greentech Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Panache Greentech Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2023 | Axis Bank Limited | ₹1.9 Cr | Open |
| 13 Jul 2022 | Hdfc Bank Limited | ₹18.39 Lakh | Open |
| 16 Jul 2020 | Others | ₹26 Lakh | Satisfied |
| 14 Jun 2017 | Others | ₹2.16 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Panache Greentech Solutions Private Limited
Panache Greentech Solutions Private Limited has a workforce of 11 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Panache Greentech Solutions Private Limited
Panache Greentech Solutions Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Brijlal Tiwari ceased to be Additional Director on 29 Sep 2024.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Panache Greentech Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Panache Greentech Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Panache Greentech Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Panache Greentech Solutions Private Limited
Panache Greentech Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP0469B1ZS | Gujarat | Active | 01 Jul 2017 |
| 36AAGCP0469B1ZN | Telangana | Active | 16 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Panache Greentech Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Panache Greentech Solutions Private Limited
Panache Greentech Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 01 June 2011 (15+ years old) and is registered under CIN U29307GJ2011PTC065690.
Panache Greentech Solutions reported revenue of ₹3.49 Cr for FY 2025 (up 11% YoY).
Panache Greentech Solutions has 3 current directors:
- Nitish Sharad Jain - Director
- Brijlal Tiwari - Director
- Neetu Sharad Jain - Director
Panache Greentech Solutions reported a net profit of ₹9.86 Lakh (net margin 2.8%) and EBITDA of ₹37.16 Lakh (EBITDA margin 10.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panache Greentech Solutions is 26% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panache Greentech Solutions is 24AAGCP0469B1ZS, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAGCP0469B1ZN (Telangana).
The CIN (Corporate Identification Number) of Panache Greentech Solutions is U29307GJ2011PTC065690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panache Greentech Solutions was incorporated on 01 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Panache Greentech Solutions by revenue are Premier Fridge Pvt Ltd, Venus Decorative Paints Limited, Neel Paints Private Limited, Shalaka Projects Private Limited, Ideal Offshore & Interior Works Private Limited and 5 more, all in the Infrastructure industry (Construction Services, Paints).
Brijlal Tiwari ceased to be Additional Director on 29 Sep 2024. Nitish Sharad Jain ceased to be Additional Director on 29 Sep 2024. Brijlal Tiwari was appointed as Director on 19 Mar 2024. Panache Greentech Solutions has 8 board changes on record in total.
Panache Greentech Solutions can be reached through the website panachegreen.com. Its registered office is in Vadodara, Gujarat, India.