About Welbro Paints Private Limited
Data last updated:
Welbro Paints Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 22 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U02422TZ1998PTC008576. Its GSTIN is 33AAACW2737R1ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kandamuthu Chandramohan (Managing Director) and Samuel Varghese.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Door No. 4/A G Complex Opposite Omshathi Nagar Chinnavedampatty, Coimbatore, Tamil Nadu, India – 641049.
As per the financials filed for FY 2023, the company reported a revenue of ₹55.84 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Lakh (net margin 3.2%) and EBITDA of ₹5.01 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹45.3 Lakh and satisfied charges of ₹98.8 Lakh on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welbropaints.wordpress.com.
Company details
Contact details
Welbro Paints Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is welbropaints.wordpress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No. 4/A G Complex Opposite Omshathi Nagar Chinnavedampatty, Coimbatore, Tamil Nadu, India – 641049
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Welbro 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 Welbro Paints is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Welbro Paints Private Limited, buy the company report.
Financials of Welbro Paints Private Limited
FY 2023 filings availableWelbro Paints Private Limited reported revenue of ₹55.84 Lakh (down 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 18% fall in the latest year. EBITDA rose 99% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.81 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 | 9% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Welbro Paints Private Limited, buy the company report.
Board of directors of Welbro Paints Private Limited
Welbro Paints has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samuel Varghese | Director | 22 Sep 1998 | 28 Years 1 Months | Current |
| Kandamuthu Chandramohan | Managing Director | 22 Sep 1998 | 28 Years 1 Months | Current |
Peer comparison
Welbro Paints Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Paints), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deltachem Trading Private Limited | ₹56.71 Lakh (FY 2025) | -91.0% | Hyderabad, Telangana, India | |||
| Welbro Paints Private Limitedthis company | ₹55.84 Lakh (FY 2023) | ₹1.81 Lakh | 3.2% | -18.0% | Coimbatore, Tamil Nadu, India | |
| Tomberry Synergy (India) Private Limited | ₹55.46 Lakh (FY 2018) | 160.0% | New Delhi, Delhi, India | |||
| Bengal Vanijya Pvt Ltd | ₹55.42 Lakh (FY 2024) | -34.0% | Kolkata, West Bengal, India | |||
| Anjanissut Salts Private Limited | ₹55.27 Lakh (FY 2024) | -65.0% | Gandhidham, Gujarat, India |
To see the full peer comparison of Welbro Paints Private Limited, buy the company report.
Auditor
Welbro Paints Private Limited is audited by K SURIANARAYANAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SURIANARAYANAN & ASSOCIATES | FY 2020 | 011956S |
Shareholding
The shareholding of Welbro Paints Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Welbro Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2020 | 100374574 | Others | ₹80,000 | Open | |
| 02 Feb 2019 | 100241349 | Others | ₹4.5 Lakh | Open | |
| 17 Jun 2010 | 10233906 | Indian Bank | ₹40 Lakh | Open | |
| 30 Jun 2006 | 10011661 | Central Bank of India | ₹28 Lakh | Satisfied | |
| 18 Mar 2000 | 90003534 | Corporation Bank | ₹31.3 Lakh | Satisfied |
To see the full charge records of Welbro Paints Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Welbro Paints Private Limited has 6 court cases on record: 2 filed by Welbro Paints, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Giridhari Chemicals Resins Pvt. Rep by Sujit Kum | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Girdhari Chemicials Resins Pvt.Ltd.Rep by Sujit | Pending |
| High Court | Court case (Crl.L.P.) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Beeta Paint Industries | Disposed |
To see the full case history of Welbro 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 Welbro Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welbro Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACW2737R1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welbro Paints Private Limited, buy the company report.
Recent activity
Welbro Paints Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Parameswarannair Govindan Kutty ceased to be Director on 11 Apr 2019.
5 earlier events are in the company report.
Frequently asked questions
Welbro Paints is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 22 September 1998 (28+ years old) and is registered under CIN U02422TZ1998PTC008576.
Welbro Paints has 2 current directors:
- Kandamuthu Chandramohan - Managing Director
- Samuel Varghese - Director
The latest financial statements of Welbro Paints on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Welbro Paints is 33AAACW2737R1ZW, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Welbro Paints is U02422TZ1998PTC008576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welbro Paints has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Welbro Paints was incorporated on 22 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Welbro Paints by revenue are Deltachem Trading Private Limited, Tomberry Synergy (India) Private Limited, Bengal Vanijya Pvt Ltd, Anjanissut Salts Private Limited, all in the Chemicals industry (Chemical Retail and Distribution, Paints), with the same principal business activity (wholesale trading).
Parameswarannair Govindan Kutty ceased to be Director on 11 Apr 2019. Doraiswamy Vedhanand ceased to be Director on 13 Feb 2015. Kandamuthu Chandramohan was appointed as Managing Director on 22 Sep 1998. Welbro Paints has 4 board changes on record in total.
Welbro Paints can be reached through the website welbropaints.wordpress.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Welbro Paints is at Door No. 4A G Complex Opposite Omshathi Nagar Chinnavedampatty, Coimbatore, Tamil Nadu, India – 641049.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
