About Zigma Paints Pvt Ltd
Data last updated:
Zigma Paints Pvt Ltd is a private limited company based in Nashik, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 23 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1992PTC068682. Its GSTIN is 27AAACZ0957C1ZF (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.52 Lakh. It is led by directors including Muskaan Alok Jha and Alok Jagdishchandra Jha.
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 Plot No. H – 41 MIDC Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.5 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹22.28 Lakh (net margin 1.9%) and EBITDA of ₹71.89 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zigma Paints. As per MCA filings, the company has open charges of ₹2.63 Cr and satisfied charges of ₹59.5 Lakh on record. Court records list 44 cases involving the company, including 42 filed by the company and 2 filed against it; 8 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.5 Lakh; the latest was in December 2014. Its 10 peer companies in the Manufacturing industry (Paints) are compared by revenue, 5 larger and 5 smaller; the largest is Blue Barry Paints Private Limited with revenue of ₹11.74 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 19 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zigmapaints.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. H – 41 MIDC Ambad, Nashik, Maharashtra, India – 422010
- IndustryManufacturing, Paint & Coatings
- 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
- One PDF report, delivered after checkout
Business Activity of Zigma Paints Pvt Ltd
The main business activity of Zigma Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Zigma Paints Pvt Ltd FY 2025 filings available
Zigma Paints Pvt Ltd reported revenue of ₹11.5 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Zigma Paints Pvt Ltd
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 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 of Zigma Paints Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹71.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.28 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 of Zigma Paints Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zigma Paints are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Paints). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blue Barry Paints Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Vivacious Pharmatex Private Limited | ₹11.74 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Thane, Maharashtra, India |
| Harsh Paints Manufacturing Co.Pvt.Ltd.(Transferred From Maharashtra) | ₹11.7 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Pin-Code, Rajasthan, India |
| Deep-Chem International Private Limited | ₹11.64 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Nakoda Anodizing & Powder Coating Private Limited | ₹11.52 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Thane, Maharashtra, India |
| Zigma Paints Pvt Ltd this company | ₹11.5 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Nashik, Maharashtra, India |
| Angel Coating Private Limited | ₹11.48 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| Varun Autocoat India Private Limited | ₹11.42 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Dadri, Uttar Pradesh, India |
| Rely Paints Private Limited | ₹11.39 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Delhi, India |
| Vigneswara Paints Private Limited | ₹11.38 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Sivakasi, Tamil Nadu, India |
| Makeover Paints Private Limited | ₹11.36 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Zigma Paints by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd is audited by Phatak Joshi And Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Phatak Joshi And Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Zigma Paints Pvt Ltd
Zigma Paints has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muskaan Alok Jha | Director | 01 Jul 2007 | 19 Years 3 Months | Current |
| Alok Jagdishchandra Jha | Director | 01 Jul 2007 | 19 Years 3 Months | Current |
| Beena Jagdishchandra Jha | Director | 23 Sep 1992 | 34 Years 0 Months | Current |
| Jagdishchandra Badrinath Jha | Director | 23 Sep 1992 | 34 Years 0 Months | Current |
Ownership and Shareholding of Zigma Paints Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zigma Paints Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2021 | Sidbi | ₹33.04 Lakh | Open |
| 11 Jun 2020 | Sidbi | ₹35 Lakh | Open |
| 27 Nov 1997 | Others | ₹1.95 Cr | Open |
| 07 Jan 2015 | Small Industries Development Bank of India | ₹20.25 Lakh | Satisfied |
| 08 Jun 2011 | Small Industries Development Bank of India | ₹11.5 Lakh | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.5 Lakh; the latest was in December 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Funding round | ₹4.5 Lakh | Investors: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2011 | Funding round | ₹10 Lakh | Investors: 2 individuals |
| Oct 2007 | Funding round | ₹10 Lakh | Investors: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd has 44 court cases on record: 42 filed by Zigma Paints, 2 filed against it. 8 cases are pending and 36 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 2 | 8 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Rainbow Deco Plas Private Limited | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Ams Engineering Industries India Private Limited | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Digisat Skill India Private Limited | Pending |
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Timblo Drydocks Private Limited | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Arihant Components (India) Private Limited | Disposed |
Full case history
All 44 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd has 7 MSME Form 1 returns on record between 2019 and 2024, listing 344 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Famous Minerals and Chemicals Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Apon Industries Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Zigma Paints Pvt Ltd
Zigma Paints operates one associated brand: Zigma Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying industrial paints, coatings, and speciality chemicals in India. | zigmapaints.com |
Employees and EPFO Compliance at Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd has a workforce of 21 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Zigma Paints Pvt Ltd
Zigma Paints Pvt Ltd has 4 board changes on record since 1992: 4 appointments. The latest: Alok Jagdishchandra Jha was appointed as Director on 01 Jul 2007.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zigma Paints Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zigma Paints Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zigma Paints Pvt Ltd
Zigma Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0957C1ZF | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zigma Paints Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zigma Paints Pvt Ltd
Zigma Paints is an active private limited company based in Nashik, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 23 September 1992 (34+ years old) and is registered under CIN U24220MH1992PTC068682.
Zigma Paints reported revenue of ₹11.5 Cr for FY 2025 (down 5% YoY).
Zigma Paints has 4 current directors:
- Muskaan Alok Jha - Director
- Alok Jagdishchandra Jha - Director
- Beena Jagdishchandra Jha - Director
- Jagdishchandra Badrinath Jha - Director
Zigma Paints reported a net profit of ₹22.28 Lakh (net margin 1.9%) and EBITDA of ₹71.89 Lakh (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zigma Paints is 9% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zigma Paints is 27AAACZ0957C1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Zigma Paints is U24220MH1992PTC068682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zigma Paints has 44 court cases on record: 42 filed by the company and 2 filed against it. 8 are pending.
Zigma Paints was incorporated on 23 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Zigma Paints has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹24.5 Lakh; the latest was in December 2014.
The peers of Zigma Paints by revenue are Blue Barry Paints Private Limited, Vivacious Pharmatex Private Limited, Harsh Paints Manufacturing Co.Pvt.Ltd.(Transferred From Maharashtra), Deep-Chem International Private Limited, Nakoda Anodizing & Powder Coating Private Limited and 5 more, all in the Manufacturing industry (Paints).
Alok Jagdishchandra Jha was appointed as Director on 01 Jul 2007. Muskaan Alok Jha was appointed as Director on 01 Jul 2007. Beena Jagdishchandra Jha was appointed as Director on 23 Sep 1992. Zigma Paints has 4 board changes on record in total.