Silicon Paints India Private Limited
About Silicon Paints India Private Limited
Data last updated:
Silicon Paints India Private Limited is a private limited company based in Silvassa, Dadra And Nagar Haveli, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 25 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24220DN2010PTC000339. Its GSTIN is 24AAOCS8152L1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devangi Milan Patel and Milan Khandubhai Patel.
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 E – 4/4 1st Floor Pramukh Darshan Apptt Naroli Silvassa Road, Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.72 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Lakh (net margin 6%) and EBITDA of ₹2.03 Lakh (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹80 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Silicon Paints India Private Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its e-mail address is in the company report.
- Email
- Registered AddressE – 4/4 1st Floor Pramukh Darshan Apptt Naroli Silvassa Road, Dadra and Nagar Haveli, India – 396230
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Silicon Paints India 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 Silicon Paints India is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Silicon Paints India Private Limited, buy the company report.
Financials of Silicon Paints India Private Limited
FY 2025 filings availableSilicon Paints India Private Limited reported revenue of ₹33.72 Lakh (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 151% 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 | ₹2.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.02 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 6% | ||||
| 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 Silicon Paints India Private Limited, buy the company report.
Board of directors of Silicon Paints India Private Limited
Silicon Paints India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devangi Milan Patel | Director | 25 Sep 2010 | 16 Years 1 Months | Current |
| Milan Khandubhai Patel | Director | 25 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Silicon Paints India Private Limited is audited by D D DESAI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D D DESAI & ASSOCIATES | FY 2018 | 102297W |
Shareholding
The shareholding of Silicon Paints India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Silicon Paints India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2011 | 10284334 | Indian Overseas Bank | ₹40 Lakh | Satisfied | |
| 25 Mar 2011 | 10286426 | Indian Overseas Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Silicon Paints India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Silicon Paints India Private Limited has 1 court case on record: 1 filed by Silicon Paints India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Silicon Paints India 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
No delayed payments to MSME suppliers are on our record for Silicon Paints India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silicon Paints India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS8152L1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silicon Paints India Private Limited, buy the company report.
Recent activity
Silicon Paints India Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Devangi Milan Patel was appointed as Director on 25 Sep 2010.
Frequently asked questions
Silicon Paints India is an active private limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 25 September 2010 (16+ years old) and is registered under CIN U24220DN2010PTC000339.
Silicon Paints India has 2 current directors:
- Devangi Milan Patel - Director
- Milan Khandubhai Patel - Director
The latest financial statements of Silicon Paints India 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 Silicon Paints India is 24AAOCS8152L1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Silicon Paints India is U24220DN2010PTC000339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silicon Paints India has 1 court case on record: 1 filed by the company.
Silicon Paints India was incorporated on 25 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devangi Milan Patel was appointed as Director on 25 Sep 2010. Milan Khandubhai Patel was appointed as Director on 25 Sep 2010.
The registered office of Silicon Paints India is at E – 44 1st Floor Pramukh Darshan Apptt Naroli Silvassa Road, Dadra and Nagar Haveli, India – 396230.
Silicon Paints India 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.
