Twinhill Paints Private Limited
About Twinhill Paints Private Limited
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Twinhill Paints Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the chemicals sector. It was incorporated on 12 July 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1995PTC090536. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sudhir Ramanlal Shah and Minaxi Sudhir Shah.
Its last annual general meeting (AGM) was held on 12 March 2018, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Flat No 25 Dbhaweshwar Darshan 31 – D Carmichael Road, Mumbai, Maharashtra, India – 400026.
As per MCA filings, the company had satisfied charges of ₹16 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Twinhill Paints Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 25 Dbhaweshwar Darshan 31 – D Carmichael Road, Mumbai, Maharashtra, India – 400026
- IndustryChemicals, Manufacturing, Other Chemical Product, Varnishes And Similar Coatings, Printing Ink And Mastics, Paints
To see the full contact details of Twinhill Paints Private 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
Financials of Twinhill Paints Private Limited
FY 2017 filings availableTwinhill Paints Private Limited reported revenue of ₹5,000 for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over three years. 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 | ₹5,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Twinhill Paints Private Limited, buy the company report.
Board of directors of Twinhill Paints Private Limited
Twinhill Paints has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Ramanlal Shah | Director | 12 Jul 1995 | 31 Years 3 Months | As last reported |
| Minaxi Sudhir Shah | Director | 12 Jul 1995 | 31 Years 3 Months | As last reported |
Peer comparison
Twinhill Paints Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radix Paints Private Limited | ₹7,706 (FY 2022) | Puri, Odisha, India | ||||
| Cresta Paints India Private Limited | ₹7,110 (FY 2024) | -57.0% | Satara, Maharashtra, India | |||
| Nike Paints Pvt Ltd | ₹6,985 (FY 2016) | -38.0% | New Delhi, Delhi, India | |||
| Tekriwal Paints and Chemicals Private Limited | ₹6,962 (FY 2016) | Patna, Bihar, India | ||||
| Axtro Paints Private Limited | ₹6,500 (FY 2018) | Delhi, India | ||||
| Twinhill Paints Private Limitedthis company | ₹5,000 (FY 2017) | Mumbai, Maharashtra, India | ||||
| Industrial Paints Mfg Co (India) Pvt Ltd | ₹4,650 (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Sant Ram Nikka Mal Paints Private Limited | ₹4,600 (FY 2024) | -42.0% | Delhi, India | |||
| Mercury Paints and Varnishes Private Limited | ₹3,840 (FY 2025) | -99.0% | Mumbai, Maharashtra, India | |||
| D2s Coatings Private Limited | ₹2,749 (FY 2023) | Pune, Maharashtra, India | ||||
| J. K. Protomax Paints Private Limited | ₹2,320 (FY 2025) | -100.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Twinhill Paints Private Limited, buy the company report.
Auditor
Twinhill Paints Private Limited is audited by Pramod&Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pramod&Associates | FY 2017 | 001557C |
Shareholding
The shareholding of Twinhill Paints Private 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 Twinhill Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 1995 | 90156156 | Dena Bank Nepean Sea Road Branch | ₹16 Lakh | Satisfied |
To see the full charge records of Twinhill Paints Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Twinhill Paints Private Limited has 2 court cases on record: 2 filed by Twinhill Paints. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Twinhill Paints 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
No delayed payments to MSME suppliers are on our record for Twinhill Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Twinhill 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 Twinhill Paints Private Limited, buy the company report.
Recent activity
Twinhill Paints Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Ravi Sudhir Shah ceased to be Director on 02 May 2018.
Frequently asked questions
Twinhill Paints has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Twinhill Paints was a private limited company based in Mumbai, Maharashtra, India. The company worked in manufacturing, within the chemicals industry. It was incorporated on 12 July 1995 and is registered under CIN U24220MH1995PTC090536. The company has been struck off by the Registrar of Companies and is no longer operational.
Twinhill Paints had 2 directors:
- Sudhir Ramanlal Shah - Director
- Minaxi Sudhir Shah - Director
The CIN (Corporate Identification Number) of Twinhill Paints is U24220MH1995PTC090536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Twinhill Paints is at Flat No 25 Dbhaweshwar Darshan 31 – D Carmichael Road, Mumbai, Maharashtra, India – 400026.
Twinhill Paints was incorporated on 12 July 1995. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Twinhill Paints on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 12 March 2018. Year-wise statements from 2015 are in the company report.
No. Twinhill Paints has 1 GST registration on record and it is cancelled or inactive.
Twinhill Paints operated in the chemicals industry, in the manufacturing segment. It worked in this industry before it was struck off.
The peers of Twinhill Paints by revenue are Radix Paints Private Limited, Cresta Paints India Private Limited, Nike Paints Pvt Ltd, Tekriwal Paints and Chemicals Private Limited, Axtro Paints Private Limited and 5 more, all in the Manufacturing industry (Paints).
Twinhill Paints has 2 court cases on record: 2 filed by the company.
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