MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0003018
Surya Coats Private Limited - manufacturing in Kadi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.94 Cr
▼ 36% YoY
Net profit · FY 2024
₹61.48 Lakh
Net margin 3.6%
EBITDA · FY 2024
₹1.06 Cr
EBITDA margin 6.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.45 Cr
Issued & subscribed
Open charges
₹2.3 Cr
Satisfied ₹6.17 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
41
Provident fund records
About Surya Coats Private Limited
Data last updated:
Surya Coats Private Limited is a private limited company based in Kadi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 19 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ1993PTC019010. Its GSTIN is 24AADCS0464N1Z8 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.45 Cr. It is led by directors including Harish Bhanubhai Patel and Samir Navinchandra 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 Plot No. 2016/B/2 At Post Wamaj, Kadi, Gujarat, India – 382734.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.94 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹61.48 Lakh (net margin 3.6%) and EBITDA of ₹1.06 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹6.17 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it.
Surya Coats Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0003018). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryacoats.com.
Company details
CIN U74999GJ1993PTC019010
Registration Number 019010
Incorporation Date 19 February 1993
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-14-0003018
Key People
Harish Bhanubhai Patel Director Samir Navinchandra Patel Director Bharatkumar Mohanlal Gandhi Director Recognitions & Rankings of Surya Coats
Contact details
Surya Coats Private Limited's registered office is in Kadi, Gujarat. Its website is suryacoats.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 2016/B/2 At Post Wamaj, Kadi, Gujarat, India – 382734
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Surya Coats Private Limited, buy the company report.
Comprehensive company report
Surya Coats 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
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Business activity
The main business activity of Surya Coats is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Surya Coats Private Limited, buy the company report.
Financials of Surya Coats Private Limited
FY 2025 filings availableSurya Coats Private Limited reported revenue of ₹16.94 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹16.94 Cr ▼ 36%
Net profit · FY 2024
₹61.48 Lakh margin 3.6%
EBITDA · FY 2024
₹1.06 Cr margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 4%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 48%
5 years · compounded
▲ 17%
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 21% 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 | ₹1.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.48 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 | 6.3% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 Surya Coats Private Limited, buy the company report.
Board of directors of Surya Coats Private Limited
Surya Coats has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Bhanubhai Patel | Director | 12 Sep 1993 | 33 Years 2 Months | Current |
| Samir Navinchandra Patel Also directs: Samir Networks LLP, Niva Infrastructure Private Limited | Director | 19 Feb 1993 | 33 Years 8 Months | Current |
| Bharatkumar Mohanlal Gandhi | Director | 28 Mar 2002 | 24 Years 7 Months | Current |
Peer comparison
Surya Coats Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surya Coats Private Limitedthis company | ₹16.94 Cr (FY 2024) | ₹61.48 Lakh | 3.6% | -36.0% | Kadi, Gujarat, India | |
| Global Packaging Products Private Limited | ₹16.91 Cr (FY 2024) | 2.0% | Yavatmal, Maharashtra, India | |||
| Starwork Papers Private Limited | ₹16.8 Cr (FY 2024) | -84.0% | New Delhi, Delhi, India | |||
| Western Kraft & Paper Private Limited | ₹16.79 Cr (FY 2024) | 418.0% | Alwar, Rajasthan, India | |||
| Subhodaya Paper Products Private Limited | ₹16.68 Cr (FY 2024) | 0.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Surya Coats Private Limited, buy the company report.
Auditor
Surya Coats Private Limited is audited by Rajiv I Ravani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajiv I Ravani & Co. | FY 2023 | 115330W |
Shareholding
The shareholding of Surya Coats 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surya Coats Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.3 Cr
Satisfied charges
₹6.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 1996 | 90098392 | The Kalupur Commercial Co-Operative Bank Limited | ₹2.3 Cr | Open | |
| 16 Oct 2020 | 100386831 | The Kalupur Commercial Co-Operative Bank Limited | ₹45 Lakh | Satisfied | |
| 16 Oct 2020 | 100394735 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.7 Cr | Satisfied | |
| 20 Mar 2017 | 100088056 | The Kalupur Commercial Co-Operative Bank Limited | ₹20 Lakh | Satisfied | |
| 20 Mar 2017 | 100088063 | The Kalupur Commercial Co-Operative Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Surya Coats Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Surya Coats Private Limited has 12 court cases on record: 2 filed by Surya Coats, 10 filed against it. All cases are disposed.
Total cases
12
Filed by the company
2
Filed against the company
10
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 0 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by The Oriental Insurance Company Limited and 1 other | Disposed |
| High Court, GUJARAT | Court case (MCA) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
To see the full case history of Surya Coats 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
Surya Coats Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 51 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rukhmini Coatings Private Limited | |||
| Ambica Indutries | |||
| an individual supplier | |||
| United Colour Industries |
To see the full MSME payment records of Surya Coats Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Surya Coats has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0464N1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surya Coats Private Limited, buy the company report.
Recent activity
Surya Coats Private Limited has 3 board changes on record since 1993: 3 appointments. The latest: Bharatkumar Mohanlal Gandhi was appointed as Director on 28 Mar 2002.
AGM
Surya Coats Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Surya Coats Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 16 Oct 2020 via Charge ID 100394735 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 24 Mar 2025.
Charges
A charge registered on 16 Oct 2020 via Charge ID 100386831 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 15 Mar 2025.
Charges
A charge registered on 20 Mar 2017 via Charge ID 100088056 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 26 Oct 2020.
Charges
A charge registered on 20 Mar 2017 via Charge ID 100088063 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 26 Oct 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100386831 was registered on 16 Oct 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 1.70 Cr with Charge ID 100394735 was registered on 16 Oct 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 2.30 Cr registered on 16 Apr 1996 with Charge ID 90098392 was modified on 29 Sep 2020.
Charges
A charge registered on 17 Aug 2006 via Charge ID 10014321 with The Kalupur Commercial Co-Operative Bank Ltd. was fully satisfied on 06 Dec 2019.
Charges
A charge registered on 03 Aug 2005 via Charge ID 90100087 with The Kalupur Comm Co-Op Bank Ltd was fully satisfied on 06 Dec 2019.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100088056 was registered on 20 Mar 2017.
23 earlier events are in the company report.
Frequently asked questions
Surya Coats is an active private limited company based in Kadi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 19 February 1993 (33+ years old) and is registered under CIN U74999GJ1993PTC019010.
Surya Coats has 3 current directors:
- Harish Bhanubhai Patel - Director
- Samir Navinchandra Patel - Director
- Bharatkumar Mohanlal Gandhi - Director
The latest financial statements of Surya Coats 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 Surya Coats is 24AADCS0464N1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Surya Coats is U74999GJ1993PTC019010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surya Coats has 12 court cases on record: 2 filed by the company and 10 filed against it. Most are in the district courts.
Surya Coats was incorporated on 19 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Surya Coats by revenue are Global Packaging Products Private Limited, Starwork Papers Private Limited, Western Kraft & Paper Private Limited, Subhodaya Paper Products Private Limited, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Bharatkumar Mohanlal Gandhi was appointed as Director on 28 Mar 2002. Harish Bhanubhai Patel was appointed as Director on 12 Sep 1993. Samir Navinchandra Patel was appointed as Director on 19 Feb 1993.
Yes, Surya Coats is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0003018).
Surya Coats has 6 MSME Form 1 returns on record between 2019 and 2021, listing 51 overdue payments to 7 micro and small suppliers. The latest return was filed on 20 Oct 2021.
Surya Coats can be reached through the website suryacoats.com. Its registered office is in Kadi, Gujarat, India.
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