MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CH-01-0001150
SBL Specialty Coatings Private Limited - manufacturing in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹178.7 Cr
▼ 1% YoY
Net profit · FY 2025
₹30.06 Cr
Net margin 16.8%
EBITDA · FY 2025
₹45.31 Cr
EBITDA margin 25.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.96 Cr
Issued & subscribed
Open charges
₹42.1 Cr
Satisfied ₹41.23 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
247
Provident fund records
About SBL Specialty Coatings Private Limited
Data last updated:
SBL Specialty Coatings Private Limited is a private limited company based in Chandigarh, India, a subsidiary of Berger Paints India Limited. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 27 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24231CH1994PTC015100. Its GSTIN is 03AACCS9993B1ZA (Punjab). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.96 Cr. It was formerly known as Saboo Coatings Private Limited and Saboo Berlac Laboratories Ltd. It is led by directors including Anil Kumar Mehrotra (Managing Director) and Abhijit Roy.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Scf 321 Cabin No. 5 First Floor Motor Market And Commercial Complex Man, I Majra, Chandigarh, India – 160101.
As per the financials filed for FY 2025, the company reported a revenue of ₹178.7 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹30.06 Cr (net margin 16.8%) and EBITDA of ₹45.31 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company has about 247 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SBL Specialty Coatings. As per MCA filings, the company has open charges of ₹42.1 Cr and satisfied charges of ₹41.23 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 2 filed against it. The company has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹1.58 Cr; the latest was in June 2017. Its 7 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Hempel Paints (India) Private Limited with revenue of ₹232.01 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 37 overdue payments to 9 micro and small suppliers.
SBL Specialty Coatings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0001150). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sblcoatings.com.
Company details
CIN U24231CH1994PTC015100
Registration Number 015100
Incorporation Date 27 September 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Berger Paints India Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CH-01-0001150
Name history
SBL Specialty Coatings has undergone 3 name changes throughout its history. The company was previously known as Saboo Coatings Private Limited, Saboo Berlac Laboratories Ltd, and Saboo Coatings Limited. The current legal name is Sbl Specialty Coatings Private Limited.
| Company Name | Status |
|---|---|
| SBL Specialty Coatings Private Limited | Current |
| Saboo Coatings Private Limited | Previous |
| Saboo Berlac Laboratories Ltd | Previous |
| Saboo Coatings Limited | Previous |
CIN history
SBL Specialty Coatings has one previous CIN (Corporate Identification Number): U24231CH1994PLC015100. The current CIN is U24231CH1994PTC015100, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231CH1994PTC015100 | Current |
| U24231CH1994PLC015100 | Previous |
Key People
Anil Kumar Mehrotra Managing Director Abhijit Roy Director Kanwardip Dhingra Singh Director Recognitions & Rankings of SBL Specialty Coatings
Contact details
SBL Specialty Coatings Private Limited's registered office is in Chandigarh, Chandigarh. Its website is sblcoatings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressScf 321 Cabin No. 5 First Floor Motor Market And Commercial Complex Man, I Majra, Chandigarh, India – 160101
- IndustryManufacturing, Paint & Coatings
To see the full contact details of SBL Specialty Coatings Private Limited, buy the company report.
Comprehensive company report
SBL Specialty Coatings 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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Secure checkout · GST invoice included
Brands
SBL Specialty Coatings operates one associated brand: SBL Specialty Coatings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer & supplier of industrial coatings | sblcoatings.com |
Business activity
The main business activity of SBL Specialty Coatings 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 SBL Specialty Coatings Private Limited, buy the company report.
Financials of SBL Specialty Coatings Private Limited
FY 2025 filings availableSBL Specialty Coatings Private Limited reported revenue of ₹178.7 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹178.7 Cr ▼ 1%
Net profit · FY 2025
₹30.06 Cr margin 16.8%
EBITDA · FY 2025
₹45.31 Cr margin 25.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 5%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 19%
5 years · compounded
▲ 13%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 8% 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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| Total Expenses | |||||
| EBITDA | ₹45.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.06 Cr | ||||
| Balance Sheet | |||||
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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 | 25.4% | ||||
| Net Profit Margin | 16.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of SBL Specialty Coatings Private Limited, buy the company report.
Board of directors of SBL Specialty Coatings Private Limited
SBL Specialty Coatings has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Roy Also directs: Berger Paints India Limited, Berger Nippon Paint Automotive Coatings Private Limited, Beepee Coatings Private Limited and 3 more | Director | 05 Jun 2017 | 9 Years 4 Months | Current |
| Anil Kumar Mehrotra Also directs: S T P Ltd | Managing Director | 22 Mar 2019 | 7 Years 7 Months | Current |
| Kanwardip Dhingra Singh | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
| Aniruddha Sen | Director | 05 Jun 2017 | 9 Years 4 Months | Current |
| Rishma Kaur | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
| Sayantan Sarkar | Additional Director | 29 Apr 2025 | 1 Years 5 Months | Current |
Peer comparison
SBL Specialty Coatings Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Paints), 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 |
|---|---|---|---|---|---|---|
| Hempel Paints (India) Private Limited | ₹232.01 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Technopaints and Chemicals Limited | ₹210.21 Cr (FY 2025) | 54.0% | Hyderabad, Telangana, India | |||
| Surfa Coats (India) Private Limited | ₹182.5 Cr (FY 2025) | -3.0% | Karnataka, India | |||
| SBL Specialty Coatings Private Limitedthis company | ₹178.7 Cr (FY 2025) | ₹30.06 Cr | 16.8% | -1.0% | 247 | Chandigarh, India |
| Maharani Innovative Paints Private Limited | ₹174.21 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Carboline (India) Private Limited | ₹173.8 Cr (FY 2025) | -12.0% | Ambattur Chennai, Tamil Nadu, India | |||
| Varna Coats Private Limited | ₹170.24 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Sharp Coating Private Limited. | ₹163.04 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India |
To see the full peer comparison of SBL Specialty Coatings Private Limited, buy the company report.
Auditor
SBL Specialty Coatings Private Limited is audited by S. S. KOTHARI MEHTA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. KOTHARI MEHTA & COMPANY | FY 2023 | 000756N |
Shareholding
The shareholding of SBL Specialty Coatings Private Limited 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 SBL Specialty Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.1 Cr
Satisfied charges
₹41.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2022 | 100586581 | Hdfc Bank Limited | ₹21 Cr | Open | |
| 09 Mar 2021 | 100429338 | Others | ₹16 Cr | Open | |
| 22 May 2020 | 100340194 | Others | ₹5.1 Cr | Open | |
| 23 Sep 2017 | 100126629 | Others | ₹16 Cr | Satisfied | |
| 21 Jul 2016 | 100043537 | Bank of India | ₹18 Lakh | Satisfied |
To see the full charge records of SBL Specialty Coatings Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
SBL Specialty Coatings Private Limited has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹1.58 Cr; the latest was in June 2017.
Total deals
9
Secondary share transfers
8
Funding round
1
Disclosed funding
₹1.58 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Berge Paints India Limited & Aniruddha sen, Berge Paints India Limited & Srijit Dasgupta, Berger Paints India Limited Seller: Saboo Ventures LLP , 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Saboo Ventures LLP , an individual Seller: 3 individuals |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: Saboo Ventures LLP Seller: Vardhan Properties & Investment Private Limited , 3 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Himachal Fine Blank Limited |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: Vardhan Properties & Investment Private Limited Seller: KDDL Limited |
To see the full deal history of SBL Specialty Coatings 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
SBL Specialty Coatings Private Limited has 17 court cases on record: 15 filed by SBL Specialty Coatings, 2 filed against it. All cases are disposed.
Total cases
17
Filed by the company
15
Filed against the company
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 1 | 0 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Civil suit | Filed by the company against M/S Apex Consumer Appliances Pvt Ltd | Disposed |
| High Court of Delhi | Court case (CO.APP.) | Filed against the company by In Trading Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against In Trading Pvt Ltd | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Punjab and Ors | Disposed |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against M/S Pinnacle Manufacturing Solutions | Disposed |
To see the full case history of SBL Specialty Coatings 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
SBL Specialty Coatings Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 37 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ardent Container Private Limited | |||
| Engichem Specialty Chemicals Private Limited | |||
| Puratan Metal Box Private Limited | |||
| Shri Metal Containers-New Delhi | |||
| an individual supplier |
To see the full MSME payment records of SBL Specialty Coatings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SBL Specialty Coatings Private Limited has a workforce of 247 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
247
Active EPFO establishments
1
Employee growth
-5.36%
GST
SBL Specialty Coatings has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
7
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS9993B1ZA | Punjab | Active | 01 Jul 2017 |
| 33AACCS9993B1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 09AACCS9993B1ZY | Uttar Pradesh | Active | 02 Sep 2017 |
| 24AACCS9993B1Z6 | Gujarat | Active | 07 Apr 2018 |
To see the full GST registrations and return filing status of SBL Specialty Coatings Private Limited, buy the company report.
Recent activity
SBL Specialty Coatings Private Limited has 25 board changes on record since 2007: 6 appointments and 19 cessations. The latest: Sayantan Sarkar was appointed as Additional Director on 29 Apr 2025.
AGM
Sbl Specialty Coatings Private Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records.
Appointed
Sayantan Sarkar was appointed as Additional Director.
Filing
Sbl Specialty Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Kanwardip Dhingra Singh ceased to be Additional Director.
Ceased
Rishma Kaur ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.00 Cr with Charge ID 100586581 was registered on 13 Jun 2022.
Appointed
Kanwardip Dhingra Singh was appointed as Director.
Appointed
Rishma Kaur was appointed as Director.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100429338 was registered on 09 Mar 2021.
Charges
A charge registered on 23 Sep 2017 via Charge ID 100126629 with Others was fully satisfied on 08 Mar 2021.
Charges
A charge with Others of Rs. 5.10 Cr registered on 22 May 2020 with Charge ID 100340194 was modified on 10 Aug 2020.
Charges
A charge with Others amounted to Rs. 5.10 Cr with Charge ID 100340194 was registered on 22 May 2020.
79 earlier events are in the company report.
Frequently asked questions
SBL Specialty Coatings is an active private limited company based in Chandigarh, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 27 September 1994 (32+ years old) and is registered under CIN U24231CH1994PTC015100.
SBL Specialty Coatings has 6 current directors:
- Anil Kumar Mehrotra - Managing Director
- Abhijit Roy - Director
- Kanwardip Dhingra Singh - Director
- Aniruddha Sen - Director
- Rishma Kaur - Director
- Sayantan Sarkar - Additional Director
The latest financial statements of SBL Specialty Coatings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SBL Specialty Coatings is 03AACCS9993B1ZA, registered in Punjab. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 33AACCS9993B1Z7 (Tamil Nadu), 09AACCS9993B1ZY (Uttar Pradesh), 24AACCS9993B1Z6 (Gujarat).
The CIN (Corporate Identification Number) of SBL Specialty Coatings is U24231CH1994PTC015100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SBL Specialty Coatings has 17 court cases on record: 15 filed by the company and 2 filed against it. Most are in the district courts.
SBL Specialty Coatings was incorporated on 27 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
SBL Specialty Coatings has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹1.58 Cr; the latest was in June 2017.
The peers of SBL Specialty Coatings by revenue are Hempel Paints (India) Private Limited, Technopaints and Chemicals Limited, Surfa Coats (India) Private Limited, Maharani Innovative Paints Private Limited, Carboline (India) Private Limited and 2 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sayantan Sarkar was appointed as Additional Director on 29 Apr 2025. Kanwardip Dhingra Singh ceased to be Additional Director on 22 Aug 2022. Rishma Kaur ceased to be Additional Director on 22 Aug 2022. SBL Specialty Coatings has 25 board changes on record in total.
Yes, SBL Specialty Coatings is registered as a medium enterprise under Udyam registration (number: UDYAM-CH-01-0001150).
SBL Specialty Coatings has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 37 overdue payments to 9 micro and small suppliers. The latest return was filed on 17 Nov 2019.