Saitek Paints Private Limited
About Saitek Paints Private Limited
Data last updated:
Saitek Paints Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24222TG2014PTC092915. Its GSTIN is 36AAUCS5263L1ZJ (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Neelavati Muthyala and Muthyala Shekhar.
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 Sy.No.67 Ibrahimpally Village Chevella, Hyderabad, Telangana, India – 500008.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.76 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹10.89 Lakh (net margin 3.9%) and EBITDA of ₹71.64 Lakh (EBITDA margin 26%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹57.7 Lakh on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Saitek Paints has one previous CIN (Corporate Identification Number): U24222AP2014PTC092915. The current CIN is U24222TG2014PTC092915, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24222TG2014PTC092915 | Current |
| U24222AP2014PTC092915 | Previous |
Contact details
Saitek Paints Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy.No.67 Ibrahimpally Village Chevella, Hyderabad, Telangana, India – 500008
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Saitek Paints Private Limited, 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 Saitek Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Saitek Paints Private Limited, buy the company report.
Financials of Saitek Paints Private Limited
FY 2025 filings availableSaitek Paints Private Limited reported revenue of ₹2.76 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 18% growth in the latest year. EBITDA rose 27% 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 |
|---|---|---|---|---|---|
| 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 | ₹71.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.89 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Saitek Paints Private Limited, buy the company report.
Board of directors of Saitek Paints Private Limited
Saitek Paints has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelavati Muthyala | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Muthyala Shekhar Also directs: Mana Shoes Private Limited | Director | 13 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Saitek Paints Private Limited is audited by REDDY A V AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| REDDY A V AND CO | FY 2023 | 003256S |
Shareholding
The shareholding of Saitek Paints 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 Saitek Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2023 | 100862969 | Hdfc Bank Limited | ₹18.3 Lakh | Open | |
| 18 Jan 2016 | 10618832 | Indian Bank | ₹39.4 Lakh | Open |
To see the full charge records of Saitek Paints Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Saitek Paints Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹99 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Saitek Paints 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 Saitek Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saitek Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAUCS5263L1ZJ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saitek Paints Private Limited, buy the company report.
Recent activity
Saitek Paints Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Muthyala Krishna ceased to be Director on 27 Aug 2021.
Frequently asked questions
Saitek Paints is an active private limited company based in Hyderabad, Telangana, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U24222TG2014PTC092915.
Saitek Paints has 2 current directors:
- Neelavati Muthyala - Director
- Muthyala Shekhar - Director
The latest financial statements of Saitek Paints 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 Saitek Paints is 36AAUCS5263L1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Saitek Paints is U24222TG2014PTC092915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saitek Paints was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Saitek Paints has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2015.
Muthyala Krishna ceased to be Director on 27 Aug 2021. Neelavati Muthyala was appointed as Director on 27 Aug 2021. Muthyala Shekhar was appointed as Director on 13 Feb 2014.
The registered office of Saitek Paints is at Sy.No.67 Ibrahimpally Village Chevella, Hyderabad, Telangana, India – 500008.
Saitek Paints operates in the manufacturing industry, in the paint and coatings segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
