MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-02-0005772
Wallmaax Paints Private Limited - manufacturing in Kochi, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹25.98 Cr
▲ 23% YoY
Net profit · FY 2023
₹76.14 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹3.17 Cr
EBITDA margin 12.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.96 Cr
Issued & subscribed
Open charges
₹12.96 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
32
Provident fund records
About Wallmaax Paints Private Limited
Data last updated:
Wallmaax Paints Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 21 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24220KL2011PTC028003. Its GSTIN is 32AABCW0806C1Z2 (Kerala).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.96 Cr. It is led by directors including Sushil Vadassery Antony (Managing Director) and Joe Joseph.
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 Door No. 349 – D Ground Floor Aldrit Complex Anglo Indian School Road Vaduthala, Kochi, Kerala, India – 682023.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.98 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹76.14 Lakh (net margin 2.9%) and EBITDA of ₹3.17 Cr (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 32 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹12.96 Cr on record. Court records list 87 cases involving the company, including 85 filed by the company and 2 filed against it; 26 cases are pending.
Wallmaax Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0005772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wallmaaxpaints.com.
Company details
CIN U24220KL2011PTC028003
Registration Number 028003
Incorporation Date 21 March 2011
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-02-0005772
Key People
Sushil Vadassery Antony Managing Director Joe Joseph Director Sudheer Kannoth Surendran Director Recognitions & Rankings of Wallmaax Paints
Contact details
Wallmaax Paints Private Limited's registered office is in Kochi, Kerala. Its website is wallmaaxpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No. 349 – D Ground Floor Aldrit Complex Anglo Indian School Road Vaduthala, Kochi, Kerala, India – 682023
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Wallmaax Paints Private Limited, buy the company report.
Comprehensive company report
Wallmaax 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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Financials of Wallmaax Paints Private Limited
FY 2025 filings availableWallmaax Paints Private Limited reported revenue of ₹25.98 Cr (up 23% YoY) for FY 2023.
Revenue · FY 2023
₹25.98 Cr ▲ 23%
Net profit · FY 2023
₹76.14 Lakh margin 2.9%
EBITDA · FY 2023
₹3.17 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 2%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 23% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.14 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Wallmaax Paints Private Limited, buy the company report.
Board of directors of Wallmaax Paints Private Limited
Wallmaax Paints has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joe Joseph Also directs: Durocoat Paints Pvt Ltd, Wallmaax Crest Private Limited | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
| Sushil Vadassery Antony Also directs: Durocoat Paints Pvt Ltd, Wallmaax Crest Private Limited | Managing Director | 21 Mar 2011 | 15 Years 7 Months | Current |
| Sudheer Kannoth Surendran Also directs: Durocoat Paints Pvt Ltd, Wallmaax Crest Private Limited | Director | 21 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Wallmaax Paints Private Limited is audited by ZACHARIAH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZACHARIAH AND ASSOCIATES | FY 2023 | 23633 |
Shareholding
The shareholding of Wallmaax 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wallmaax Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101115141 | Others | ₹13 Lakh | Open | |
| 31 May 2025 | 101108802 | Others | ₹9.15 Lakh | Open | |
| 27 May 2025 | 101106823 | Others | ₹9.2 Lakh | Open | |
| 11 Apr 2025 | 101094212 | Others | ₹9.2 Lakh | Open | |
| 11 Apr 2025 | 101094228 | Others | ₹29.6 Lakh | Open |
To see the full charge records of Wallmaax Paints Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Wallmaax Paints Private Limited has 87 court cases on record: 85 filed by Wallmaax Paints, 2 filed against it. 26 cases are pending and 61 are disposed.
Total cases
87
Filed by the company
85
Filed against the company
2
Pending
26
Disposed
61
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 85 | 2 | 25 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against M/S. Aptin Projects (India) Pvt. Ltd and Others and 3 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Court case (LP) | Filed by the company against an individual | Pending |
To see the full case history of Wallmaax 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 Wallmaax Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wallmaax Paints has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Durocoat Paints Pvt Ltd | U24222KL1991PTC006036 |
To see the full group structure of Wallmaax Paints Private Limited, buy the company report.
Employees & EPFO
Wallmaax Paints Private Limited has a workforce of 32 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
-5.88%
GST
Wallmaax Paints has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCW0806C1Z2 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wallmaax Paints Private Limited, buy the company report.
Recent activity
Wallmaax Paints Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Joe Joseph was appointed as Director on 21 Mar 2011.
AGM
Wallmaax Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101115141 was registered on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101108802 was registered on 31 May 2025.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101106823 was registered on 27 May 2025.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101094212 was registered on 11 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101094228 was registered on 11 Apr 2025.
Filing
Wallmaax Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Canara Bank amounted to Rs. 0.80 Cr with Charge ID 101093788 was registered on 19 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.83 Cr with Charge ID 101078627 was registered on 27 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.83 Cr with Charge ID 101016074 was registered on 11 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100971811 was registered on 14 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100925836 was registered on 12 Apr 2024.
13 earlier events are in the company report.
Frequently asked questions
Wallmaax Paints is an active private limited company based in Kochi, Kerala, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 21 March 2011 (15+ years old) and is registered under CIN U24220KL2011PTC028003.
Wallmaax Paints has 3 current directors:
- Sushil Vadassery Antony - Managing Director
- Joe Joseph - Director
- Sudheer Kannoth Surendran - Director
The latest financial statements of Wallmaax 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 Wallmaax Paints is 32AABCW0806C1Z2, registered in Kerala.
The CIN (Corporate Identification Number) of Wallmaax Paints is U24220KL2011PTC028003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wallmaax Paints has 87 court cases on record: 85 filed by the company and 2 filed against it. 26 are pending. Most are in the district courts.
Wallmaax Paints was incorporated on 21 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
Joe Joseph was appointed as Director on 21 Mar 2011. Sudheer Kannoth Surendran was appointed as Director on 21 Mar 2011. Sushil Vadassery Antony was appointed as Managing Director on 21 Mar 2011. Wallmaax Paints has 4 board changes on record in total.
Yes, Wallmaax Paints is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0005772).
Wallmaax Paints can be reached through the website wallmaaxpaints.com. Its registered office is in Kochi, Kerala, India.