Vaigai Paints Private Limited

Vaigai Paints Private Limited - chemicals and materials in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U24222TN1993PTC024989 Incorporated 04 May 1993 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company chemicals and materials MSME · Micro
Data last updated
Revenue · FY 2025
₹3.05 Cr
▲ 4% YoY
Net profit · FY 2025
₹3.75 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹13.84 Lakh
EBITDA margin 4.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹51.4 Lakh
Satisfied ₹51.4 Lakh
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings

About Vaigai Paints Private Limited

Data last updated:

Vaigai Paints Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 04 May 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24222TN1993PTC024989. Its GSTIN is 33AAACV4727C1ZQ (Tamil Nadu).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Anantha Krishnan Valavan (Managing Director) and Valavan Minnal Kodi.

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 1/47 – A Ayyanarpurampanaiyur P.O. Madurai – 625 009, Tamil Nadu, India – 625009.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.05 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.75 Lakh (net margin 1.2%) and EBITDA of ₹13.84 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.

As per MCA filings, the company has open charges of ₹51.4 Lakh and satisfied charges of ₹51.4 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.

Vaigai Paints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0053873). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24222TN1993PTC024989
Registration Number 024989
Incorporation Date 04 May 1993
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-12-0053873
Key People
Anantha Krishnan Valavan Managing Director Valavan Minnal Kodi Director Valavan Prabakaran Director

Recognitions & Rankings of Vaigai Paints

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-12-0053873

Contact details

Vaigai Paints Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1/47 – A Ayyanarpurampanaiyur P.O. Madurai – 625 009, Tamil Nadu, India – 625009
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

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

Comprehensive company report
Vaigai 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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Business activity

The main business activity of Vaigai Paints is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Vaigai Paints Private Limited

FY 2025 filings available

Vaigai Paints Private Limited reported revenue of ₹3.05 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹3.05 Cr ▲ 4%
Net profit · FY 2025
₹3.75 Lakh margin 1.2%
EBITDA · FY 2025
₹13.84 Lakh margin 4.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 11%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 4% growth in the latest year. EBITDA rose 4% 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₹13.84 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.75 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 Margin4.5%
Net Profit Margin1.2%
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 Vaigai Paints Private Limited, buy the company report.

Board of directors of Vaigai Paints Private Limited

Vaigai Paints has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anantha Krishnan ValavanManaging Director04 May 199333 Years 6 MonthsCurrent
Valavan Minnal KodiDirector01 Dec 201411 Years 11 MonthsCurrent
Valavan PrabakaranDirector01 Dec 201411 Years 11 MonthsCurrent
View all directors

Auditor

Vaigai Paints Private Limited is audited by CHINNIAH VENKATRAMAN & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
CHINNIAH VENKATRAMAN & COFY 2018006102S

Shareholding

The shareholding of Vaigai Paints Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹51.4 Lakh
Satisfied charges
₹51.4 Lakh
Breakdown by lending institutions
Canara Bank₹0.51 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Mar 2019100249988Canara Bank₹7.4 LakhSatisfied
10 Mar 200590284352Canara Bank₹44 LakhSatisfied

To see the full charge records of Vaigai 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 Vaigai Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vaigai Paints has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACV4727C1ZQTamil NaduActive01 Jul 2017

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

Recent activity

Vaigai Paints Private Limited has 19 board changes on record since 1993: 11 appointments and 8 cessations. The latest: Bose Baskarapandian ceased to be Director on 15 Mar 2017.

AGM
Vaigai Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 05 Mar 2019 via Charge ID 100249988 with Canara Bank was fully satisfied on 19 Sep 2025.
Charges
A charge registered on 10 Mar 2005 via Charge ID 90284352 with Canara Bank was fully satisfied on 19 Sep 2025.
Filing
Vaigai Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Canara Bank of Rs. 44.00 Lakh registered on 10 Mar 2005 with Charge ID 90284352 was modified on 22 Apr 2020.
Charges
A charge with Canara Bank amounted to Rs. 7.40 Lakh with Charge ID 100249988 was registered on 05 Mar 2019.
Ceased
Bose Baskarapandian ceased to be Director.
Ceased
Vatrap Viswanathan Balakrishna Nadar Jothi Prakasam ceased to be Director.
Appointed
Valavan Minnal Kodi was appointed as Director.
Appointed
Valavan Prabakaran was appointed as Director.
Appointed
Vatrap Viswanathan Balakrishna Nadar Jothi Prakasam was appointed as Director.
Ceased
Anandakrishnan Parthiban ceased to be Director.

15 earlier events are in the company report.

Frequently asked questions

Vaigai Paints is an active private limited company based in Madurai, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 04 May 1993 (33+ years old) and is registered under CIN U24222TN1993PTC024989.

Vaigai Paints has 3 current directors:

The latest financial statements of Vaigai 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 Vaigai Paints is 33AAACV4727C1ZQ, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Vaigai Paints is U24222TN1993PTC024989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vaigai Paints has 2 court cases on record: 2 filed by the company.

Vaigai Paints was incorporated on 04 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.

Bose Baskarapandian ceased to be Director on 15 Mar 2017. Vatrap Viswanathan Balakrishna Nadar Jothi Prakasam ceased to be Director on 15 Mar 2017. Valavan Minnal Kodi was appointed as Director on 01 Dec 2014. Vaigai Paints has 19 board changes on record in total.

Yes, Vaigai Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-12-0053873).

The registered office of Vaigai Paints is at 147 – A Ayyanarpurampanaiyur P.O. Madurai – 625 009, Tamil Nadu, India – 625009.