About Shargh Plasters Limited
Data last updated:
Shargh Plasters Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 20 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24222UP1989PLC010872. Its GSTIN is 09AACCS2125B1ZW (Uttar Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.34 Lakh. It was formerly known as Sunny Paints Private Limited and Garware Eomite Paints Private Limited. It is led by directors including Ankur Agarwal and Arvind Kumar Agarwal.
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 123/440 A Fazalganj, Kanpur, Uttar Pradesh, India – 208012.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.69 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹31,428 (net margin 5.5%) and EBITDA of ₹57,139 (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 38% over five years.
As per MCA filings, the company has satisfied charges of ₹4 Lakh on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garwarepaint.com.
Company details
Name history
Shargh Plasters has undergone 5 name changes throughout its history. The current legal name is Shargh Plasters Limited.
| Company Name | Status |
|---|---|
| Shargh Plasters Limited | Current |
| Sunny Paints Private Limited | Previous |
| Garware Eomite Paints Private Limited | Previous |
| Sunny Paints Limited | Previous |
| Garware Eomite Paints Limited | Previous |
| Birla Polyplasters Limited | Previous |
CIN history
Shargh Plasters has one previous CIN (Corporate Identification Number): U24222UP1989PTC010872. The current CIN is U24222UP1989PLC010872, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24222UP1989PLC010872 | Current |
| U24222UP1989PTC010872 | Previous |
Contact details
Shargh Plasters Limited's registered office is in Kanpur, Uttar Pradesh. Its website is garwarepaint.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address123/440 A Fazalganj, Kanpur, Uttar Pradesh, India – 208012
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Shargh Plasters 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 Shargh Plasters 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 Shargh Plasters Limited, buy the company report.
Financials of Shargh Plasters Limited
FY 2024 filings availableShargh Plasters Limited reported revenue of ₹5.69 Lakh (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA rose 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹57,139 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31,428 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 5.5% | ||||
| 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 Shargh Plasters Limited, buy the company report.
Board of directors of Shargh Plasters Limited
Shargh Plasters has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Agarwal Also directs: Garware Paints Limited | Director | 01 Nov 2010 | 15 Years 11 Months | Current |
| Arvind Kumar Agarwal Also directs: Garware Paints Limited | Director | 20 Jun 1989 | 37 Years 4 Months | Current |
| Sudha Agarwal Also directs: Garware Paints Limited | Director | 20 Jun 1989 | 37 Years 4 Months | Current |
Auditor
Shargh Plasters Limited is audited by BHAGAT G. & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAGAT G. & ASSOCIATES | FY 2022 | 076205 |
Shareholding
The shareholding of Shargh Plasters Limited 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shargh Plasters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 1993 | 90271598 | Bank of India | ₹4 Lakh | Satisfied |
To see the full charge records of Shargh Plasters Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shargh Plasters Limited has 7 court cases on record: 5 filed by Shargh Plasters, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| Allahabad High Court | Court case (A227) | Filed against the company | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Shargh Plasters 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
No delayed payments to MSME suppliers are on our record for Shargh Plasters Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shargh Plasters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCS2125B1ZW | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shargh Plasters Limited, buy the company report.
Recent activity
Shargh Plasters Limited has 3 board changes on record since 1989: 3 appointments. The latest: Ankur Agarwal was appointed as Director on 01 Nov 2010.
Frequently asked questions
Shargh Plasters is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 20 June 1989 (37+ years old) and is registered under CIN U24222UP1989PLC010872.
Shargh Plasters has 3 current directors:
- Ankur Agarwal - Director
- Arvind Kumar Agarwal - Director
- Sudha Agarwal - Director
The latest financial statements of Shargh Plasters 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 Shargh Plasters is 09AACCS2125B1ZW, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Shargh Plasters is U24222UP1989PLC010872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shargh Plasters has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the district courts.
Shargh Plasters was incorporated on 20 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kanpur.
Ankur Agarwal was appointed as Director on 01 Nov 2010. Arvind Kumar Agarwal was appointed as Director on 20 Jun 1989. Sudha Agarwal was appointed as Director on 20 Jun 1989.
Shargh Plasters can be reached through the website garwarepaint.com. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of Shargh Plasters is at 123440 A Fazalganj, Kanpur, Uttar Pradesh, India – 208012.