Vani Paints Private Limited
About Vani Paints Private Limited
Data last updated:
Vani Paints Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 12 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24222TN1993PTC024803. Its GSTIN is 33AABCV7102J1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors including Palanichamy Nadar Subramanian Shanmuganathan (Managing Director) and Shanmuganathan Archanakkumaari.
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 Ayyanarpuram Periyar Po Madurai – 625009, Tamil Nadu, India – 625009.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.44 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹84,820 (net margin 0.1%) and EBITDA of ₹19.36 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 78% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹1.92 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vani 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 Address1/47 Ayyanarpuram Periyar Po Madurai – 625009, Tamil Nadu, India – 625009
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Vani 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
Business activity
The main business activity of Vani Paints 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 Vani Paints Private Limited, buy the company report.
Financials of Vani Paints Private Limited
FY 2025 filings availableVani Paints Private Limited reported revenue of ₹14.44 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 16% growth in the latest year. EBITDA rose 1% 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 |
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| EBITDA | ₹19.36 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹84,820 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Vani Paints Private Limited, buy the company report.
Board of directors of Vani Paints Private Limited
Vani Paints has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanichamy Nadar Subramanian Shanmuganathan | Managing Director | 12 Apr 1993 | 33 Years 6 Months | Current |
| Shanmuganathan Archanakkumaari | Director | 19 Jan 2017 | 9 Years 9 Months | Current |
| Shunmuganathan Manirauj | Director | 19 Jan 2017 | 9 Years 9 Months | Current |
| Shanmuganathan Kalai Nathan | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
Peer comparison
Vani Paints 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 |
|---|---|---|---|---|---|---|
| Creative Paints Private Limited | ₹14.61 Cr (FY 2025) | -20.0% | Indore, Madhya Pradesh, India | |||
| Sunil Paint and Varnishers Company Private Limited | ₹14.51 Cr (FY 2024) | -9.0% | Mumbai, Maharashtra, India | |||
| Kankoo Paints Pvt Ltd | ₹14.51 Cr (FY 2025) | 39.0% | Khed Shivapur, Maharashtra, India | |||
| Vani Paints Private Limitedthis company | ₹14.44 Cr (FY 2024) | ₹84,820 | 0.1% | 16.0% | Madurai, Tamil Nadu, India | |
| Novatic Coatings Private Limited | ₹14.34 Cr (FY 2024) | 212.0% | Pune, Maharashtra, India | |||
| Acme Paints & Resin Private Limited | ₹14.31 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Goa Paints and Allied Products Private Limited | ₹14.19 Cr (FY 2025) | 2.0% | Panaji, Goa, India |
To see the full peer comparison of Vani Paints Private Limited, buy the company report.
Auditor
Vani Paints Private Limited is audited by CHINNIAH VENKATRAMAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINNIAH VENKATRAMAN & CO | FY 2021 | 006102S |
Shareholding
The shareholding of Vani Paints Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vani Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2022 | 100585001 | Canara Bank | ₹11 Lakh | Open | |
| 30 Apr 2002 | 90282377 | Canara Bank | ₹3.17 Lakh | Open | |
| 24 Dec 1997 | 90282971 | Canara Bank | ₹1.68 Cr | Open | |
| 24 Dec 1997 | 90290161 | Canara Bank | ₹2.5 Lakh | Open | |
| 28 Feb 1996 | 90281982 | Tamilnad Mercantile Bank Ltd | ₹1.03 Lakh | Open |
To see the full charge records of Vani Paints Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Vani Paints Private Limited has 7 court cases on record: 7 filed by Vani Paints. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against Esi Corporation Sro | Disposed |
| District court, Madurai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against Esi Corporation Sro | Disposed |
| District court, Madurai, Tamil Nadu | Interim or miscellaneous application | Filed by the company against The Esi Corporation Sro | Disposed |
| District court, Madurai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against an individual | Disposed |
To see the full case history of Vani 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 Vani Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vani Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV7102J1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vani Paints Private Limited, buy the company report.
Recent activity
Vani Paints Private Limited has 9 board changes on record since 1993: 4 appointments and 5 cessations. The latest: Kalyana Sundaram Tamilarasi ceased to be Director on 19 Jan 2017.
8 earlier events are in the company report.
Frequently asked questions
Vani Paints is an active private limited company based in Madurai, Tamil Nadu, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 12 April 1993 (33+ years old) and is registered under CIN U24222TN1993PTC024803.
Vani Paints has 4 current directors:
- Palanichamy Nadar Subramanian Shanmuganathan - Managing Director
- Shanmuganathan Archanakkumaari - Director
- Shunmuganathan Manirauj - Director
- Shanmuganathan Kalai Nathan - Director
The latest financial statements of Vani 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 Vani Paints is 33AABCV7102J1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vani Paints is U24222TN1993PTC024803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vani Paints has 7 court cases on record: 7 filed by the company.
Vani Paints was incorporated on 12 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vani Paints by revenue are Creative Paints Private Limited, Sunil Paint and Varnishers Company Private Limited, Kankoo Paints Pvt Ltd, Novatic Coatings Private Limited, Acme Paints & Resin 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).
Kalyana Sundaram Tamilarasi ceased to be Director on 19 Jan 2017. Shanmuganathan Archanakkumaari was appointed as Director on 19 Jan 2017. Shunmuganathan Manirauj was appointed as Director on 19 Jan 2017. Vani Paints has 9 board changes on record in total.
The registered office of Vani Paints is at 147 Ayyanarpuram Periyar Po Madurai – 625009, Tamil Nadu, India – 625009.
Vani Paints operates in the manufacturing industry, in the paint and coatings segment.
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