MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0001871
Varuna Paints Pvt Ltd - manufacturing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹8.64 Cr
▲ 24% YoY
Net profit · FY 2022
₹49.77 Lakh
Net margin 5.8%
EBITDA · FY 2022
₹88.63 Lakh
EBITDA margin 10.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.68 Lakh
Issued & subscribed
Open charges
₹31.58 Lakh
Satisfied ₹53 Lakh
Company age
48 yrs
Est. 1978
Employees · EPFO
21
Provident fund records
About Varuna Paints Pvt Ltd
Data last updated:
Varuna Paints Pvt Ltd is a private limited company based in Ernakulam, Kerala, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 31 May 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24222KL1978PTC002982. Its GSTIN is 32AAACV7953L1ZZ (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.68 Lakh. It is led by directors including Mampuzhakal Thommen Antony and Kallada Kunjappu Sidharthan.
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 The Monarch3Rd Floor P T Usha Road, Ernakulam, Kerala, India – 682011.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.64 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹49.77 Lakh (net margin 5.8%) and EBITDA of ₹88.63 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Classic Paints. As per MCA filings, the company has open charges of ₹31.58 Lakh and satisfied charges of ₹53 Lakh on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it.
Varuna Paints Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0001871). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varunapaints.com.
Company details
CIN U24222KL1978PTC002982
Registration Number 002982
Incorporation Date 31 May 1978
ROC Ernakulam
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 Small
Udyam Registration UDYAM-KL-02-0001871
Key People
Mampuzhakal Thommen Antony Director Kallada Kunjappu Sidharthan Director Rajan Thomas Director Recognitions & Rankings of Varuna Paints
Contact details
Varuna Paints Pvt Ltd's registered office is in Ernakulam, Kerala. Its website is varunapaints.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressThe Monarch3Rd Floor P T Usha Road, Ernakulam, Kerala, India – 682011
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Varuna Paints Pvt Ltd, buy the company report.
Comprehensive company report
Varuna Paints Pvt Ltd - 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
Varuna Paints operates one associated brand: Classic Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures paints like enamel, emulsions, varnishes, lacquers, and industrial coatings. | varunapaints.com |
Financials of Varuna Paints Pvt Ltd
FY 2025 filings availableVaruna Paints Pvt Ltd reported revenue of ₹8.64 Cr (up 24% YoY) for FY 2022.
Revenue · FY 2022
₹8.64 Cr ▲ 24%
Net profit · FY 2022
₹49.77 Lakh margin 5.8%
EBITDA · FY 2022
₹88.63 Lakh margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 21%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 87%
5 years · compounded
▲ 60%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 24% growth in the latest year. EBITDA rose 29% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹88.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.77 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Varuna Paints Pvt Ltd, buy the company report.
Board of directors of Varuna Paints Pvt Ltd
Varuna Paints has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mampuzhakal Thommen Antony Also directs: C P Paints Private Limited | Director | 31 May 1978 | 48 Years 4 Months | Current |
| Kallada Kunjappu Sidharthan Also directs: C P Paints Private Limited | Director | 02 Nov 2012 | 13 Years 11 Months | Current |
| Rajan Thomas | Director | 01 May 2022 | 4 Years 5 Months | Current |
| Thresiamma Antony Also directs: C P Paints Private Limited | Additional Director | 16 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Varuna Paints Pvt Ltd is audited by BALAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAN & CO | FY 2021 | 000340S |
Shareholding
The shareholding of Varuna Paints Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Varuna Paints Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹31.58 Lakh
Satisfied charges
₹53 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 1996 | 90016532 | Kerala Financial Corporation | ₹2.6 Lakh | Open | |
| 08 Jul 1994 | 90016182 | Kerala Financial Corporation | ₹2 Lakh | Open | |
| 20 Nov 1993 | 90016087 | Kerala Financial Corporation | ₹1 Lakh | Open | |
| 06 Aug 1993 | 90016059 | Kerala Financial Corporation | ₹15 Lakh | Open | |
| 19 Nov 1982 | 90015363 | State Bank of India | ₹7 Lakh | Open |
To see the full charge records of Varuna Paints Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Varuna Paints Pvt Ltd has 9 court cases on record: 7 filed by Varuna Paints, 2 filed against it. All cases are disposed.
Total cases
9
Filed by the company
7
Filed against the company
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against M.S. Balmer Lawrie and Company Limited | Disposed |
| District court, Ernakulam, Kerala | Court case (OP (MV)) | Filed against the company | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Varuna Paints Pvt Ltd, 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 Varuna Paints Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Varuna Paints Pvt Ltd has a workforce of 21 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-4.55%
GST
Varuna Paints has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACV7953L1ZZ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varuna Paints Pvt Ltd, buy the company report.
Recent activity
Varuna Paints Pvt Ltd has 7 board changes on record since 1978: 4 appointments and 3 cessations. The latest: Rajan Thomas ceased to be Additional Director on 29 Sep 2022.
AGM
Varuna Paints Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varuna Paints Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Rajan Thomas ceased to be Additional Director.
Appointed
Rajan Thomas was appointed as Director.
Charges
A charge registered on 08 Nov 1985 via Charge ID 90015539 with State Bank Of India was fully satisfied on 07 Oct 2015.
Appointed
Kallada Kunjappu Sidharthan was appointed as Director.
Ceased
Ramankutty Vallachira Variath ceased to be Whole-Time Director.
Ceased
Antony Kannath Joseph ceased to be Whole-Time Director.
Appointed
Thresiamma Antony was appointed as Additional Director.
Charges
A charge with State Bank Of India of Rs. 53.00 Lakh registered on 08 Nov 1985 with Charge ID 90015539 was modified on 05 Sep 2009.
Charges
A charge with Kerala Financial Corporation amounted to Rs. 2.60 Lakh with Charge ID 90016532 was registered on 13 Feb 1996.
Charges
A charge with Kerala Financial Corporation amounted to Rs. 2.00 Lakh with Charge ID 90016182 was registered on 08 Jul 1994.
10 earlier events are in the company report.
Frequently asked questions
Varuna Paints is an active private limited company based in Ernakulam, Kerala, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 31 May 1978 (48+ years old) and is registered under CIN U24222KL1978PTC002982.
Varuna Paints has 4 current directors:
- Mampuzhakal Thommen Antony - Director
- Kallada Kunjappu Sidharthan - Director
- Rajan Thomas - Director
- Thresiamma Antony - Additional Director
The latest financial statements of Varuna 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 Varuna Paints is 32AAACV7953L1ZZ, registered in Kerala.
The CIN (Corporate Identification Number) of Varuna Paints is U24222KL1978PTC002982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varuna Paints has 9 court cases on record: 7 filed by the company and 2 filed against it. Most are in the district courts.
Varuna Paints was incorporated on 31 May 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rajan Thomas ceased to be Additional Director on 29 Sep 2022. Rajan Thomas was appointed as Director on 01 May 2022. Kallada Kunjappu Sidharthan was appointed as Director on 02 Nov 2012. Varuna Paints has 7 board changes on record in total.
Yes, Varuna Paints is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0001871).
Varuna Paints can be reached through the website varunapaints.com. Its registered office is in Ernakulam, Kerala, India.