About Paracoat Products Ltd
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Paracoat Products Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 24 January 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24121WB1989PLC046056. Its GSTIN is 19AABCP7033J1Z9 (West Bengal). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.96 Cr. It was formerly known as Paragon Paints Private Limited and Paracoat Products Private Limited. It is led by directors including Ravi Poddar (Whole-Time Director) and Rajesh Poddar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3A Ram Mohan Mullick Garden Lane 2nd Floor Unit No – 1E, Kolkata, West Bengal, India – 700010.
As per the financials filed for FY 2025, the company reported a revenue of ₹533.05 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹15.06 Cr (net margin 2.8%) and EBITDA of ₹40.14 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 18% over five years.
The company has about 584 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹94.05 Cr and satisfied charges of ₹92.01 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paracoatproducts.com.
Company details
Name history
Paracoat Products has undergone 2 name changes throughout its history. The company was previously known as Paragon Paints Private Limited, and Paracoat Products Private Limited. The current legal name is Paracoat Products Ltd.
| Company Name | Status |
|---|---|
| Paracoat Products Ltd | Current |
| Paragon Paints Private Limited | Previous |
| Paracoat Products Private Limited | Previous |
Contact details
Paracoat Products Ltd's registered office is in Kolkata, West Bengal. Its website is paracoatproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3A Ram Mohan Mullick Garden Lane 2nd Floor Unit No – 1E, Kolkata, West Bengal, India – 700010
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Paracoat Products Ltd, buy the company report.
- 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
Business activity
The main business activity of Paracoat Products is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Paracoat Products Ltd, buy the company report.
Financials of Paracoat Products Ltd
FY 2024 filings availableParacoat Products Ltd reported revenue of ₹533.05 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 6% growth in the latest year. EBITDA fell 1% 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 |
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| EBITDA | ₹40.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Paracoat Products Ltd, buy the company report.
Board of directors of Paracoat Products Ltd
Paracoat Products has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Poddar Also directs: Paracoat Safety Solutions Private Limited, PCP Technologies Private Limited, PCP Auto Interiors Pvt Ltd and 1 more | Whole-Time Director | 25 Jun 2018 | 8 Years 4 Months | Current |
| Rajesh Poddar | Whole-Time Director | 17 Jun 1991 | 35 Years 4 Months | Current |
| Navin Banka | Whole-Time Director | 19 Mar 2001 | 25 Years 7 Months | Current |
| Venus Kedia Also directs: Cosmic CRF Limited, N. S. Engineering Projects Private Limited, Cosmic Castings Limited and 1 more | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Shalini Kumari Agarwal Also directs: Karnimata Cold Storage Limited | Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Rama Shankar Pandey Also directs: Paracoat Safety Solutions Private Limited, Indso Global Private Limited, Taxfest India Taxpayers Association and 2 more | Director | 13 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Paracoat Products Ltd is audited by G A R V & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G A R V & ASSOCIATES | FY 2023 | 0301094E |
Shareholding
The shareholding of Paracoat Products Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paracoat Products Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2025 | 101175333 | Hdfc Bank Limited | ₹79.84 Lakh | Open | |
| 27 Aug 2025 | 101167328 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 24 Jul 2025 | 101151787 | Hdfc Bank Limited | ₹31.24 Lakh | Open | |
| 14 May 2025 | 101101149 | Canara Bank | ₹10.2 Lakh | Open | |
| 08 May 2025 | 101108342 | Others | ₹15 Cr | Open |
To see the full charge records of Paracoat Products Ltd, buy the company report.
Total charge records: 50 View all charges
Legal cases
Paracoat Products Ltd has 20 court cases on record: 8 filed by Paracoat Products, 12 filed against it. 3 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 2 |
| High courts | 8 | 0 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against P B Holotech India Private Limited | Disposed |
| District court, Krishnagiri, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Ors. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of Paracoat Products Ltd, 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.
Credit ratings & regulatory alerts
Paracoat Products Ltd was last rated by Brickwork on 04 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 04 Aug 2021 |
To see the full credit ratings and regulatory alerts of Paracoat Products Ltd, buy the company report.
MSME payment delays
Paracoat Products Ltd has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,268 overdue payments to 77 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 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Premier Spinning Mills Pvt Ltd | |||
| Aggarwal Yarns and Fabrics Pvt Ltd |
To see the full MSME payment records of Paracoat Products Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paracoat Products Ltd has a workforce of 584 employees on its EPFO records as of Mar 29, 2024, across 5 active EPFO establishments.
GST
Paracoat Products has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP7033J1Z9 | West Bengal | Active | 01 Jul 2017 |
| 08AABCP7033J1ZC | Rajasthan | Active | 01 Jul 2017 |
| 24AABCP7033J2ZH | Gujarat | Active | 01 Jul 2017 |
| 27AABCP7033J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paracoat Products Ltd, buy the company report.
Recent activity
Paracoat Products Ltd has 19 board changes on record since 1989: 7 appointments and 12 cessations. The latest: Shalini Kumari Agarwal ceased to be Additional Director on 29 Sep 2025.
81 earlier events are in the company report.
Frequently asked questions
Paracoat Products is an active public limited company based in Kolkata, West Bengal, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 24 January 1989 (37+ years old) and is registered under CIN U24121WB1989PLC046056.
Paracoat Products has 7 current directors:
- Ravi Poddar - Whole-Time Director
- Rajesh Poddar - Whole-Time Director
- Navin Banka - Whole-Time Director
- Atmaram Poddar - Whole-Time Director
- Venus Kedia - Director
- Shalini Kumari Agarwal - Director
- Rama Shankar Pandey - Director
The latest financial statements of Paracoat Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paracoat Products is 19AABCP7033J1Z9, registered in West Bengal. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 08AABCP7033J1ZC (Rajasthan), 24AABCP7033J2ZH (Gujarat), 27AABCP7033J1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Paracoat Products is U24121WB1989PLC046056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paracoat Products has 20 court cases on record: 8 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Paracoat Products was incorporated on 24 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.
Shalini Kumari Agarwal ceased to be Additional Director on 29 Sep 2025. Shalini Kumari Agarwal was appointed as Director on 29 Mar 2025. Rama Shankar Pandey ceased to be Additional Director on 29 Sep 2024. Paracoat Products has 19 board changes on record in total.
Paracoat Products has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,268 overdue payments to 77 micro and small suppliers. The latest return was filed on 03 May 2024.
Paracoat Products can be reached through the website paracoatproducts.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Paracoat Products is at 3A Ram Mohan Mullick Garden Lane 2nd Floor Unit No – 1E, Kolkata, West Bengal, India – 700010.
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