Special Paints Limited
About Special Paints Limited
Data last updated:
Special Paints Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 20 October 1945 and has been in existence for over 81 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1945PLC004590. Its GSTIN is 27AAACS5512J1ZE (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.77 Cr. It is led by directors including Rajesh Shrinath Yadav and Ravindrakumar Vinaykumar Ruia.
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 Unitno.C – 404 4 Thfloor Marathonnextgeninnova Ganpatraokadammarg Lowerparel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.87 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39.84 Lakh (net margin 43.8%) and EBITDA of ₹59.65 Lakh (EBITDA margin 65.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has satisfied charges of ₹18.81 Cr on record. Court records list 38 cases involving the company, including 24 filed by the company and 14 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Special Paints has one previous CIN (Corporate Identification Number): U24220MH1945PLC004590. The current CIN is U74110MH1945PLC004590, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1945PLC004590 | Current |
| U24220MH1945PLC004590 | Previous |
Contact details
Special Paints Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnitno.C – 404 4 Thfloor Marathonnextgeninnova Ganpatraokadammarg Lowerparel, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Special Paints 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 Special Paints is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Special Paints Limited, buy the company report.
Financials of Special Paints Limited
FY 2024 filings availableSpecial Paints Limited reported revenue of ₹90.87 Lakh (up 162% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 162% growth 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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| EBITDA | ₹59.65 Lakh | ||||
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| Net Profit (PAT) | ₹39.84 Lakh | ||||
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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 | 65.6% | ||||
| Net Profit Margin | 43.8% | ||||
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To see the full financial statements and ratios of Special Paints Limited, buy the company report.
Board of directors of Special Paints Limited
Special Paints has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shrinath Yadav | Director | 12 Jun 2009 | 17 Years 4 Months | Current |
| Ravindrakumar Vinaykumar Ruia Also directs: Ruia Industries Private Limited, RNR Trading Private Limited, Breezwell Homes and Holdings Private Limited and 2 more | Director | 29 Jun 1989 | 37 Years 3 Months | Current |
| Akshay Ravindrakumar Ruia Also directs: RNR Trading Private Limited, Breezwell Homes and Holdings Private Limited, Dawn Apparels Private Limited and 3 more | Director | 11 Jun 2014 | 12 Years 4 Months | Current |
Auditor
Special Paints Limited is audited by S. Ramanand Aiyar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Ramanand Aiyar & Co. | FY 2023 | 000990N |
Shareholding
The shareholding of Special Paints 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Special Paints Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2001 | 80031977 | Bank of India | ₹5.05 Cr | Satisfied | |
| 08 Sep 1997 | 80031976 | Bank of India | ₹60 Lakh | Satisfied | |
| 07 Oct 1995 | 90238282 | Bank of India | ₹8.53 Cr | Satisfied | |
| 22 Sep 1995 | 80031975 | Bank of India | ₹31 Lakh | Satisfied | |
| 22 Sep 1995 | 80031982 | Bank of India | ₹1.16 Cr | Satisfied |
To see the full charge records of Special Paints Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Special Paints Limited has 38 court cases on record: 24 filed by Special Paints, 14 filed against it. 1 case is pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 9 | 0 |
| District courts | 14 | 5 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMSS) | Filed by the company against S.D. Bhalerao Constructions Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (SJ) | Filed by the company against S.D. Bhalerao Constructions Pvt.Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against S.D. Bhalerao Constructions Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Hilton Builders and Textiles Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Hilton Builders and Textiles Pvt. Ltd. | Disposed |
To see the full case history of Special Paints 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 Special Paints Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Special Paints has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5512J1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Special Paints Limited, buy the company report.
Recent activity
Special Paints Limited has 8 board changes on record since 1989: 3 appointments and 5 cessations. The latest: Madhuri Prakash Survase ceased to be Company Secretary on 31 Jul 2019.
18 earlier events are in the company report.
Frequently asked questions
Special Paints is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 20 October 1945 (81+ years old) and is registered under CIN U74110MH1945PLC004590.
Special Paints has 3 current directors:
- Rajesh Shrinath Yadav - Director
- Ravindrakumar Vinaykumar Ruia - Director
- Akshay Ravindrakumar Ruia - Director
The latest financial statements of Special Paints 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 Special Paints is 27AAACS5512J1ZE, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Special Paints is U74110MH1945PLC004590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Special Paints has 38 court cases on record: 24 filed by the company and 14 filed against it. 1 is pending. Most are in the high courts.
Special Paints was incorporated on 20 October 1945, making it 81+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhuri Prakash Survase ceased to be Company Secretary on 31 Jul 2019. Akshay Ravindrakumar Ruia ceased to be Additional Director on 20 Oct 2015. Rajesh Shrinath Yadav ceased to be Additional Director on 20 Oct 2015. Special Paints has 8 board changes on record in total.
The registered office of Special Paints is at Unitno.C – 404 4 Thfloor Marathonnextgeninnova Ganpatraokadammarg Lowerparel, Mumbai, Maharashtra, India – 400013.
Special Paints operates in the business outsourcing industry, in the business and IT consulting segment.