
Santos Varnish Pvt Ltd
About Santos Varnish Pvt Ltd
Data last updated:
Santos Varnish Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 28 November 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24222WB1983PTC036960. Its GSTIN is 19AAECS4759H1ZX (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Dilip Kumar Chakrabarti and Ayan Kumar Banerjee.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18/14 Chanditala Main Road, Kolkata, West Bengal, India – 700053.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.34 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹5.59 Lakh (net margin 2.4%) and EBITDA of ₹10.19 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Santos Varnish Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address18/14 Chanditala Main Road, Kolkata, West Bengal, India – 700053
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Santos Varnish Pvt 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 Santos Varnish 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 Santos Varnish Pvt Ltd, buy the company report.
Financials of Santos Varnish Pvt Ltd
FY 2025 filings availableSantos Varnish Pvt Ltd reported revenue of ₹2.34 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 23% growth in the latest year. EBITDA rose 14% 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 | ₹10.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.59 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 | 4.4% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Santos Varnish Pvt Ltd, buy the company report.
Board of directors of Santos Varnish Pvt Ltd
Santos Varnish has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Kumar Chakrabarti | Director | 08 Jul 2002 | 24 Years 3 Months | Current |
| Ayan Kumar Banerjee | Director | 02 Dec 2013 | 12 Years 11 Months | Current |
| Srabanti Banerjee | Director | 08 Jul 2002 | 24 Years 3 Months | Current |
Peer comparison
Santos Varnish Pvt Ltd is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Santos Varnish Pvt Ltdthis company | ₹2.34 Cr (FY 2025) | ₹5.59 Lakh | 2.4% | 23.0% | 4 | Kolkata, West Bengal, India |
| Shree Madhav Paints India Private Limited | ₹2.33 Cr (FY 2025) | 5.0% | Jhajjar, Haryana, India | |||
| Adlux Paints & Allied Products Private Limited | ₹2.32 Cr (FY 2025) | 70.0% | Pulipparakunnu, Kerala, India | |||
| National Paints Factories (India) Private Limited | ₹2.27 Cr (FY 2016) | -65.0% | Kochi, Kerala, India | |||
| Sree Vasthu Paints Private Limited | ₹2.26 Cr (FY 2019) | 92.0% | Kancheepuram, Tamil Nadu, India |
To see the full peer comparison of Santos Varnish Pvt Ltd, buy the company report.
Auditor
Santos Varnish Pvt Ltd is audited by S B A ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B A ASSOCIATES | FY 2021 | 308136E |
Shareholding
The shareholding of Santos Varnish Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Santos Varnish Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2009 | 10177877 | Indian Overseas Bank | ₹20 Lakh | Open | |
| 31 Mar 2000 | 90246994 | Hongkong and Shanghai Banking Coop. Ltd. | ₹3 Lakh | Open |
To see the full charge records of Santos Varnish Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Santos Varnish Pvt Ltd 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 Santos Varnish Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Santos Varnish Pvt Ltd has a workforce of 4 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Santos Varnish has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS4759H1ZX | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Santos Varnish Pvt Ltd, buy the company report.
Recent activity
Santos Varnish Pvt Ltd has 3 board changes on record since 2002: 3 appointments. The latest: Ayan Kumar Banerjee was appointed as Director on 02 Dec 2013.
Frequently asked questions
Santos Varnish is an active private limited company based in Kolkata, West Bengal, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 28 November 1983 (43+ years old) and is registered under CIN U24222WB1983PTC036960.
Santos Varnish has 3 current directors:
- Dilip Kumar Chakrabarti - Director
- Ayan Kumar Banerjee - Director
- Srabanti Banerjee - Director
The latest financial statements of Santos Varnish on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Santos Varnish is 19AAECS4759H1ZX, registered in West Bengal.
The CIN (Corporate Identification Number) of Santos Varnish is U24222WB1983PTC036960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Santos Varnish was incorporated on 28 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Santos Varnish by revenue are Shree Madhav Paints India Private Limited, Adlux Paints & Allied Products Private Limited, National Paints Factories (India) Private Limited, Sree Vasthu Paints Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ayan Kumar Banerjee was appointed as Director on 02 Dec 2013. Dilip Kumar Chakrabarti was appointed as Director on 08 Jul 2002. Srabanti Banerjee was appointed as Director on 08 Jul 2002.
The registered office of Santos Varnish is at 1814 Chanditala Main Road, Kolkata, West Bengal, India – 700053.
Santos Varnish operates in the manufacturing industry, in the paint and coatings segment.
Santos Varnish has open charges of ₹23 Lakh and no satisfied charges on record as per latest MCA filings.

