About Stellar Marine Paints Limited
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Stellar Marine Paints Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 01 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63032MH2007PLC168271. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Melvin Blum and Vipul Navinchandra Anda.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No. 645/646 Oberoi Chembers II 4th And 5th Floor New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.03 Lakh. For the same year it recorded a net profit of ₹17,573 (net margin 17%) and EBITDA of ₹17,573 (EBITDA margin 17%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
The company has 1 deal on record (1 acquisition); the latest was in November 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website stellar.net.
Company details
Contact details
Stellar Marine Paints Limited's registered office is in Mumbai, Maharashtra. Its website is stellar.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No. 645/646 Oberoi Chembers II 4th And 5th Floor New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Stellar Marine 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 Stellar Marine Paints 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 |
Financials of Stellar Marine Paints Limited
FY 2017 filings availableStellar Marine Paints Limited reported revenue of ₹1.03 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years. EBITDA rose 106% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.03 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹17,573 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹17,573 | ||
| 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 | |||
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| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 17% | ||
| Net Profit Margin | 17% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Stellar Marine Paints Limited, buy the company report.
Board of directors of Stellar Marine Paints Limited
Stellar Marine Paints has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Navinchandra Anda | Additional Director | 17 Oct 2018 | 8 Years 0 Months | Current |
| Girish Wadwekar | Additional Director | 17 Oct 2018 | 8 Years 0 Months | Current |
| Melvin Blum | Director | 19 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Stellar Marine Paints Limited is audited by J N R & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J N R & ASSOCIATES | FY 2017 | 134242W |
Shareholding
The shareholding of Stellar Marine Paints Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Stellar Marine Paints Limited, buy the company report.
Deals & funding
Stellar Marine Paints Limited has 1 deal on record (1 acquisition); the latest was in November 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Acquisition | Undisclosed | Buyer: Viachem LLC Seller: Punjab Chemicals and Crop Protection Limited |
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 Stellar Marine Paints 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 Stellar Marine Paints Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stellar Marine Paints has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Stellar Marine Paints Limited, buy the company report.
Recent activity
Stellar Marine Paints Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Sachin Bhanubhai Manseta ceased to be Additional Director on 25 Oct 2018.
Frequently asked questions
Stellar Marine Paints is an active public limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 01 March 2007 (19+ years old) and is registered under CIN U63032MH2007PLC168271.
Stellar Marine Paints has 3 current directors:
- Vipul Navinchandra Anda - Additional Director
- Girish Wadwekar - Additional Director
- Melvin Blum - Director
The latest financial statements of Stellar Marine Paints on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Stellar Marine Paints has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Stellar Marine Paints is U63032MH2007PLC168271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stellar Marine Paints was incorporated on 01 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Stellar Marine Paints has 1 deal on record (1 acquisition); the latest was in November 2016.
Sachin Bhanubhai Manseta ceased to be Additional Director on 25 Oct 2018. Girish Wadwekar was appointed as Additional Director on 17 Oct 2018. Sanjay Bhanubhai Manseta ceased to be Director on 17 Oct 2018. Stellar Marine Paints has 9 board changes on record in total.
Stellar Marine Paints can be reached through the website stellar.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Stellar Marine Paints is at Plot No. 645646 Oberoi Chembers II 4th And 5th Floor New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.