MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0034528
Surfa Coats (India) Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹182.5 Cr
▼ 3% YoY
Net profit · FY 2025
₹2.86 Cr
Net margin 1.6%
EBITDA · FY 2025
₹9.34 Cr
EBITDA margin 5.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.93 Cr
Issued & subscribed
Open charges
₹44.5 Cr
Satisfied ₹37.5 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
290
Provident fund records
About Surfa Coats (India) Private Limited
Data last updated:
Surfa Coats (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 11 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24222KA1997PTC022769. Its GSTIN is 29AAECS3469C1Z9 (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.93 Cr. It was formerly known as Surfa Coats Limited and Surfa Coats Private Limited. It is led by directors including Uchil Yashodhar (Managing Director) and Prashanth Uchil (Whole-Time Director).
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 No.639 46th 'A' Crossiii Rd Block Rajaji Nagar Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2025, the company reported a revenue of ₹182.5 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.86 Cr (net margin 1.6%) and EBITDA of ₹9.34 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 290 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹44.5 Cr and satisfied charges of ₹37.5 Cr on record. Court records list 94 cases involving the company, including 88 filed by the company and 6 filed against it; 6 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in May 2023. Its 6 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 4 smaller; the largest is Hempel Paints (India) Private Limited with revenue of ₹232.01 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 700 overdue payments to 23 micro and small suppliers.
Surfa Coats (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0034528). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surfacoatspaints.in.
Company details
CIN U24222KA1997PTC022769
Registration Number 022769
Incorporation Date 11 September 1997
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0034528
Name history
Surfa Coats (India) has undergone 4 name changes throughout its history. The current legal name is Surfa Coats (India) Private Limited.
| Company Name | Status |
|---|---|
| Surfa Coats (India) Private Limited | Current |
| Surfa Coats Limited | Previous |
| Surfa Coats Private Limited | Previous |
| Surfa Coats (Bangalore) Private Limited | Previous |
| Surfa Coats (Bangalore) Limited | Previous |
CIN history
Surfa Coats (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24222KA1997PTC022769, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24222KA1997PTC022769 | Current |
| U85110KA1997PLC022769 | Previous |
| U24222KA1997PLC022769 | Previous |
Key People
Uchil Yashodhar Managing Director Prashanth Uchil Whole-Time Director Adithya Prashanth Director Recognitions & Rankings of Surfa Coats (India)
Contact details
Surfa Coats (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is surfacoatspaints.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.639 46th 'A' Crossiii Rd Block Rajaji Nagar Bangalore, Karnataka, India – 560010
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Surfa Coats (India) Private Limited, buy the company report.
Comprehensive company report
Surfa Coats (India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Surfa Coats (India) 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 Surfa Coats (India) Private Limited, buy the company report.
Financials of Surfa Coats (India) Private Limited
FY 2025 filings availableSurfa Coats (India) Private Limited reported revenue of ₹182.5 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹182.5 Cr ▼ 3%
Net profit · FY 2025
₹2.86 Cr margin 1.6%
EBITDA · FY 2025
₹9.34 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 2%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 2% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.86 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 5.1% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Surfa Coats (India) Private Limited, buy the company report.
Board of directors of Surfa Coats (India) Private Limited
Surfa Coats (India) has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adithya Prashanth | Director | 22 Nov 2017 | 8 Years 11 Months | Current |
| Prashanth Uchil Also directs: Sri Naga Sai Healthcare Private Limited | Whole-Time Director | 24 Oct 1998 | 27 Years 11 Months | Current |
| Uchil Yashodhar | Managing Director | 11 Sep 1997 | 29 Years 1 Months | Current |
| Amitha Prashanth Also directs: Morickap Jewellery Retail Ventures LLP | Director | 25 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
Surfa Coats (India) Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Hempel Paints (India) Private Limited | ₹232.01 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Technopaints and Chemicals Limited | ₹210.21 Cr (FY 2025) | 54.0% | Hyderabad, Telangana, India | |||
| Surfa Coats (India) Private Limitedthis company | ₹182.5 Cr (FY 2025) | ₹2.86 Cr | 1.6% | -3.0% | 290 | Bangalore, Karnataka, India |
| SBL Specialty Coatings Private Limited | ₹178.7 Cr (FY 2025) | -1.0% | Chandigarh, India | |||
| Maharani Innovative Paints Private Limited | ₹174.21 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Carboline (India) Private Limited | ₹173.8 Cr (FY 2025) | -12.0% | Ambattur Chennai, Tamil Nadu, India | |||
| Varna Coats Private Limited | ₹170.24 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Surfa Coats (India) Private Limited, buy the company report.
Auditor
Surfa Coats (India) Private Limited is audited by M A NARASIMHAN AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A NARASIMHAN AND CO | FY 2023 | 002347S |
Shareholding
The shareholding of Surfa Coats (India) Private 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surfa Coats (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.5 Cr
Satisfied charges
₹37.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101096944 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 03 Jan 2025 | 101030261 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 31 Dec 2024 | 101030359 | Hdfc Bank Limited | ₹16 Lakh | Open | |
| 02 Aug 2024 | 100960920 | Hdfc Bank Limited | ₹31 Lakh | Open | |
| 05 Feb 2024 | 100866808 | Others | ₹15.82 Lakh | Open |
To see the full charge records of Surfa Coats (India) Private Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Surfa Coats (India) Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in May 2023.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹1 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Surfa Coats (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Surfa Coats (India) Private Limited has 94 court cases on record: 88 filed by Surfa Coats (India), 6 filed against it. 6 cases are pending and 88 are disposed.
Total cases
94
Filed by the company
88
Filed against the company
6
Pending
6
Disposed
88
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 85 | 4 | 5 |
| High courts | 9 | 2 | 1 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Surfacoat Chemicals Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against The State of Karnataka and 2 others | Pending |
To see the full case history of Surfa Coats (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.
Credit ratings & regulatory alerts
Surfa Coats (India) Private Limited was last rated by Brickwork on 02 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 02 Dec 2021 |
To see the full credit ratings and regulatory alerts of Surfa Coats (India) Private Limited, buy the company report.
MSME payment delays
Surfa Coats (India) Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 700 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Speciality Chemicals & Pol | |||
| Charbhuja Minerals | |||
| Stikon | |||
| Sauradip Chemical Industries Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Surfa Coats (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Surfa Coats (India) Private Limited has a workforce of 290 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
290
Active EPFO establishments
1
Employee growth
-0.34%
GST
Surfa Coats (India) has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS3469C1Z9 | Karnataka | Active | 01 Jul 2017 |
| 29AAECS3469C2Z8 | Karnataka | Active | 26 Jun 2018 |
| 33AAECS3469C1ZK | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAECS3469C1ZC | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surfa Coats (India) Private Limited, buy the company report.
Recent activity
Surfa Coats (India) Private Limited has 11 board changes on record since 1997: 4 appointments and 7 cessations. The latest: Turuvekere Betarao Venkatesh ceased to be Whole-Time Director on 31 Mar 2022.
Charges
A charge registered on 30 Sep 2022 via Charge ID 100622516 with Others was fully satisfied on 06 Nov 2025.
Charges
A charge registered on 18 Jul 2022 via Charge ID 100598719 with Others was fully satisfied on 06 Nov 2025.
AGM
Surfa Coats (India) Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge registered on 30 Jul 2022 via Charge ID 100609750 with Others was fully satisfied on 28 Aug 2025.
Charges
A charge registered on 18 May 2022 via Charge ID 100580165 with Others was fully satisfied on 02 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101096944 was registered on 25 Apr 2025.
Filing
Surfa Coats (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 28 Oct 2021 via Charge ID 100499092 with Others was fully satisfied on 12 Mar 2025.
Charges
A charge registered on 27 Oct 2021 via Charge ID 100499089 with Others was fully satisfied on 04 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101030261 was registered on 03 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101030359 was registered on 31 Dec 2024.
Charges
A charge registered on 29 Nov 2021 via Charge ID 100505680 with Others was fully satisfied on 18 Dec 2024.
85 earlier events are in the company report.
Frequently asked questions
Surfa Coats (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 11 September 1997 (29+ years old) and is registered under CIN U24222KA1997PTC022769.
Surfa Coats (India) has 4 current directors:
- Uchil Yashodhar - Managing Director
- Prashanth Uchil - Whole-Time Director
- Adithya Prashanth - Director
- Amitha Prashanth - Director
The latest financial statements of Surfa Coats (India) 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 Surfa Coats (India) is 29AAECS3469C1Z9, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECS3469C2Z8 (Karnataka), 33AAECS3469C1ZK (Tamil Nadu), 37AAECS3469C1ZC (Andhra Pradesh).
The CIN (Corporate Identification Number) of Surfa Coats (India) is U24222KA1997PTC022769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surfa Coats (India) has 94 court cases on record: 88 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
Surfa Coats (India) was incorporated on 11 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Surfa Coats (India) has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in May 2023.
The peers of Surfa Coats (India) by revenue are Hempel Paints (India) Private Limited, Technopaints and Chemicals Limited, SBL Specialty Coatings Private Limited, Maharani Innovative Paints Private Limited, Carboline (India) Private Limited and 1 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Turuvekere Betarao Venkatesh ceased to be Whole-Time Director on 31 Mar 2022. Amitha Prashanth ceased to be Additional Director on 23 Sep 2019. Amitha Prashanth was appointed as Director on 25 Sep 2018. Surfa Coats (India) has 11 board changes on record in total.
Yes, Surfa Coats (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0034528).
Surfa Coats (India) has 11 MSME Form 1 returns on record between 2019 and 2023, listing 700 overdue payments to 23 micro and small suppliers. The latest return was filed on 13 Nov 2023.