MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0000621
GM Coatings Private Limited
GM Coatings Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.71 Cr
▲ 9% YoY
Net loss · FY 2024
₹77.31 Lakh
Net margin -28.5%
EBITDA · FY 2024
-₹75.55 Lakh
EBITDA margin -27.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
15
Provident fund records
About GM Coatings Private Limited
Data last updated:
GM Coatings Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 03 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24297TN2020PTC136128. Its GSTIN is 33AAICG3666R1ZY (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Manickam Preethaman (Managing Director) and Sriram.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No – 308B Nehru Nagar Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.71 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹77.31 Lakh (net margin -28.5%) and EBITDA of -₹75.55 Lakh (EBITDA margin -27.9%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
GM Coatings Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0000621).
Company details
CIN U24297TN2020PTC136128
Registration Number 136128
Incorporation Date 03 July 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0000621
Key People
Manickam Preethaman Managing Director Sriram Director Balasubramanian Sivaranjini Director Recognitions & Rankings of GM Coatings
Contact details
GM Coatings Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo – 308B Nehru Nagar Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryManufacturing, Paint & Coatings
To see the full contact details of GM Coatings Private Limited, buy the company report.
Comprehensive company report
GM Coatings 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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Business activity
The main business activity of GM Coatings 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 GM Coatings Private Limited, buy the company report.
Financials of GM Coatings Private Limited
FY 2024 filings availableGM Coatings Private Limited reported revenue of ₹2.71 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹2.71 Cr ▲ 9%
Net loss · FY 2024
₹77.31 Lakh margin -28.5%
EBITDA · FY 2024
-₹75.55 Lakh margin -27.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▼ 775%
3 years · compounded
▼ 265%
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 9% growth in the latest year. EBITDA fell 775% 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 |
|---|---|---|---|---|
| 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 | -₹75.55 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹77.31 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -27.9% | |||
| Net Profit Margin | -28.5% | |||
| 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 GM Coatings Private Limited, buy the company report.
Board of directors of GM Coatings Private Limited
GM Coatings has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Also directs: SM Woods Trading and Coating Private Limited | Director | 03 Jul 2020 | 6 Years 4 Months | Current |
| Manickam Preethaman | Managing Director | 03 Jul 2020 | 6 Years 4 Months | Current |
| Balasubramanian Sivaranjini | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
GM Coatings Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| GM Coatings Private Limitedthis company | ₹2.71 Cr (FY 2024) | -₹77.31 Lakh | -28.5% | 9.0% | 15 | Chennai, Tamil Nadu, India |
| Tamilnadu Paints and Allied Products Limited | ₹2.7 Cr (FY 2020) | 49.0% | Chennai, Tamil Nadu, India | |||
| Ess Ess Chemitech Private Limited | ₹2.69 Cr (FY 2024) | 29.0% | Gurgaon, Haryana, India | |||
| Leaf Paints & Chemicals Private Limited | ₹2.64 Cr (FY 2024) | Churu, Rajasthan, India |
To see the full peer comparison of GM Coatings Private Limited, buy the company report.
Auditor
GM Coatings Private Limited is audited by D.M.S RAJAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.M.S RAJAN & ASSOCIATES | FY 2023 | 023698 |
Shareholding
The shareholding of GM Coatings Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GM Coatings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2025 | 101221594 | State Bank of India | ₹1 Cr | Open | |
| 17 Oct 2025 | 101174977 | Idbi Bank Limited | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving GM Coatings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GM Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GM Coatings Private Limited has a workforce of 15 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
GM Coatings has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICG3666R1ZY | Tamil Nadu | Active | 20 Aug 2020 |
To see the full GST registrations and return filing status of GM Coatings Private Limited, buy the company report.
Recent activity
GM Coatings Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Balasubramanian Sivaranjini was appointed as Director on 20 Aug 2025.
Charges
A charge with State Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 101221594 was registered on 22 Dec 2025.
Charges
A charge with Idbi Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 101174977 was registered on 17 Oct 2025.
Appointed
Balasubramanian Sivaranjini was appointed as Director.
AGM
Gm Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gm Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Manickam Preethaman was appointed as Managing Director.
Appointed
Sriram was appointed as Director.
Incorporation
03 Jul 2020
Gm Coatings Private Limited was registered on 03 Jul 2020 with Roc Chennai & aged 6 years 4 months as per MCA records.
Frequently asked questions
GM Coatings is an active private limited company based in Chennai, Tamil Nadu, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 03 July 2020 (6+ years old) and is registered under CIN U24297TN2020PTC136128.
GM Coatings has 3 current directors:
- Manickam Preethaman - Managing Director
- Sriram - Director
- Balasubramanian Sivaranjini - Director
The latest financial statements of GM Coatings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of GM Coatings is 33AAICG3666R1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of GM Coatings is U24297TN2020PTC136128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Coatings was incorporated on 03 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of GM Coatings by revenue are Tamilnadu Paints and Allied Products Limited, Ess Ess Chemitech Private Limited, Leaf Paints & Chemicals Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Balasubramanian Sivaranjini was appointed as Director on 20 Aug 2025. Manickam Preethaman was appointed as Managing Director on 03 Jul 2020. Sriram was appointed as Director on 03 Jul 2020.
Yes, GM Coatings is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0000621).
The registered office of GM Coatings is at No – 308B Nehru Nagar Perungudi, Chennai, Tamil Nadu, India – 600096.
GM Coatings operates in the manufacturing industry, in the paint and coatings segment.
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