Toyo Paints Private Limited

Toyo Paints Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U24222KA1995PTC019002 Incorporated 17 October 1995 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹5.84 Cr
▼ 9% YoY
Net profit · FY 2025
₹33.38 Lakh
Net margin 5.7%
EBITDA · FY 2025
₹50.82 Lakh
EBITDA margin 8.7%
Authorised capital
₹4.5 Lakh
Registered with MCA
Paid-up capital
₹4.26 Lakh
Issued & subscribed
Open charges
₹84.75 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
15
Provident fund records

About Toyo Paints Private Limited

Data last updated:

Toyo Paints Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Apollo Paints Private Limited. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 17 October 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24222KA1995PTC019002. Its GSTIN is 29AAACT5640E1ZF (Karnataka).

The company has an authorised share capital of ₹4.5 Lakh and a paid-up capital of ₹4.26 Lakh. It is led by directors Pramod Bhalachandra Baleri (Managing Director) and Bhalchandra Madhavrao Baleri.

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 No. B 225 Peenya Industrial Estate 4th Main 2nd Stage, Bangalore, Karnataka, India – 560058.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.84 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹33.38 Lakh (net margin 5.7%) and EBITDA of ₹50.82 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Toyo Paints. As per MCA filings, the company has open charges of ₹84.75 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company.

Toyo Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062174). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website toyopaints.com.

Company details

CIN U24222KA1995PTC019002
Registration Number 019002
Incorporation Date 17 October 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Apollo Paints Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0062174
Key People
Pramod Bhalachandra Baleri Managing Director Bhalchandra Madhavrao Baleri Director

Recognitions & Rankings of Toyo Paints

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0062174

Contact details

Toyo Paints Private Limited's registered office is in Bangalore, Karnataka. Its website is toyopaints.com. Its e-mail address is in the company report.

  • Email
  • Website
    toyopaints.com
  • Registered Address
    No. B 225 Peenya Industrial Estate 4th Main 2nd Stage, Bangalore, Karnataka, India – 560058
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Toyo Paints Private Limited, buy the company report.

Comprehensive company report
Toyo Paints 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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Brands

Toyo Paints operates one associated brand: Toyo Paints. Each brand links to its own profile.

BrandDescriptionWebsite
Toyo Paints
Manufacturing and supplying industrial paints and coatings for various sectors.toyopaints.com

Business activity

The main business activity of Toyo Paints is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Toyo Paints Private Limited, buy the company report.

Financials of Toyo Paints Private Limited

FY 2025 filings available

Toyo Paints Private Limited reported revenue of ₹5.84 Cr (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹5.84 Cr ▼ 9%
Net profit · FY 2025
₹33.38 Lakh margin 5.7%
EBITDA · FY 2025
₹50.82 Lakh margin 8.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 48%
5 years · compounded
▲ 27%

Revenue fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹50.82 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹33.38 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.7%
Net Profit Margin5.7%
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 Toyo Paints Private Limited, buy the company report.

Board of directors of Toyo Paints Private Limited

Toyo Paints has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pramod Bhalachandra Baleri
Also directs: Apollo Paints Private Limited
Managing Director01 Apr 20197 Years 7 MonthsCurrent
Bhalchandra Madhavrao Baleri
Also directs: Apollo Paints Private Limited
Director01 Apr 20197 Years 7 MonthsCurrent
View all directors

Auditor

Toyo Paints Private Limited is audited by H.P.PAI AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H.P.PAI AND ASSOCIATESFY 20230008884S

Shareholding

The shareholding of Toyo Paints 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Toyo Paints Private Limited, buy the company report.

Charges & borrowings

Open charges
₹84.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Nov 2019100306038State Bank of India₹60 LakhOpen
26 Mar 199780009871State Bank of India₹24.75 LakhOpen

To see the full charge records of Toyo Paints Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Toyo Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Toyo Paints Private Limited has a workforce of 15 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
50%

GST

Toyo Paints has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACT5640E1ZFKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Toyo Paints Private Limited, buy the company report.

Recent activity

Toyo Paints Private Limited has 8 board changes on record since 1995: 5 appointments and 3 cessations. The latest: Gurunathan Krishnawamy ceased to be Whole-Time Director on 31 Jul 2022.

AGM
Toyo Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Toyo Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gurunathan Krishnawamy ceased to be Whole-Time Director.
Charges
A charge with State Bank Of India amounted to Rs. 60.00 Lakh with Charge ID 100306038 was registered on 13 Nov 2019.
Appointed
Bhalchandra Madhavrao Baleri was appointed as Director.
Appointed
Pramod Bhalachandra Baleri was appointed as Managing Director.
Ceased
Vasant Naik ceased to be Managing Director.
Ceased
Venkataramanan Aringundrum Nagaswamy ceased to be Whole-Time Director.
Charges
A charge with State Bank Of India of Rs. 24.75 Lakh registered on 26 Mar 1997 with Charge ID 80009871 was modified on 01 Sep 2015.
Charges
A charge with State Bank Of India amounted to Rs. 24.75 Lakh with Charge ID 80009871 was registered on 26 Mar 1997.
Appointed
Gurunathan Krishnawamy was appointed as Whole-Time Director.
Appointed
Vasant Naik was appointed as Managing Director.

2 earlier events are in the company report.

Frequently asked questions

Toyo Paints 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 17 October 1995 (31+ years old) and is registered under CIN U24222KA1995PTC019002.

Toyo Paints has 2 current directors:

The latest financial statements of Toyo Paints 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 Toyo Paints is 29AAACT5640E1ZF, registered in Karnataka.

The CIN (Corporate Identification Number) of Toyo Paints is U24222KA1995PTC019002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Toyo Paints has 7 court cases on record: 7 filed by the company.

Toyo Paints was incorporated on 17 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.

Gurunathan Krishnawamy ceased to be Whole-Time Director on 31 Jul 2022. Bhalchandra Madhavrao Baleri was appointed as Director on 01 Apr 2019. Pramod Bhalachandra Baleri was appointed as Managing Director on 01 Apr 2019. Toyo Paints has 8 board changes on record in total.

Yes, Toyo Paints is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062174).

Toyo Paints can be reached through the website toyopaints.com. Its registered office is in Bangalore, Karnataka, India.