Coromandel Paints Profile
Key Indicators
- Authorised Capital ₹ 7.25 Cr
as on 16-11-2024
- Paid Up Capital ₹ 0.72 K
as on 16-11-2024
- Company Age 49 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.10 Cr
as on 16-11-2024
- Satisfied Charges ₹ 31.60 Cr
as on 16-11-2024
- Revenue -1.16%
(FY 2023)
- Profit -59.48%
(FY 2023)
- Ebitda -35.35%
(FY 2023)
- Net Worth 6.40%
(FY 2023)
- Total Assets 6.87%
(FY 2023)
About Coromandel Paints
The Corporate was formerly known as Coromandel Paints And Chemicals Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.25 Cr and a paid-up capital of Rs 0.72 K .
The company currently has active open charges totaling ₹27.10 Cr. The company has closed loans amounting to ₹31.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satyanarayana Arumilli, Rama Arumilli, Jasti Srinivasa, and Five other members serve as directors at the Company.
- CIN/LLPIN
U24229AP1975PTC001902
- Company No.
001902
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jul 1975
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Coromandel Paints Private Limited offer?
Coromandel Paints Private Limited offers a wide range of products and services, including Crayon, Painting Brush & Craft Tools, Crayon & Poster Color, Acrylic Sealants, Sealants, Industrial Solvents, Recovered Solvent, Distemper, Acrylic Distemper Paint, Exterior Paint, Exterior Emulsion Paint.
Who are the key members and board of directors at Coromandel Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyanarayana Arumilli  | Managing Director | 30-Mar-1993 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rama Arumilli | Director | 18-May-2003 | Current |
| Jasti Srinivasa | Director | 01-Oct-2009 | Current |
| Subbarayudu Nekkanti | Director | 30-Dec-1993 | Current |
| Venkata Arumilli | Director | 30-Dec-1993 | Current |
| Alekhya Arumilli | Whole-Time Director | 28-Mar-2018 | Current |
| Rajendra Kodali | Director | 10-Jun-2008 | Current |
Financial Performance and Corporate Structure Insights of Coromandel Paints.
Coromandel Paints Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.16% decrease. The company also saw a substantial fall in profitability, with a 59.48% decrease in profit. The company's net worth moved up by a moderate rise of 6.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coromandel Paints?
In 2023, Coromandel Paints had a promoter holding of 95.16% and a public holding of 4.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Macro Media Digital Imaging Private LimitedActive 25 years 25 daysJasti Srinivasa is a mutual person
Pramod Paints LlpActive 8 years 8 monthsSatyanarayana Arumilli, Rama Arumilli and 2 more are mutual person
- Aarav Buildmat Private LimitedActive 1 year 6 months
Satyanarayana Arumilli, Rama Arumilli and 3 more are mutual person
- East Coast Paints Private LimitedActive 29 years 8 months
Satyanarayana Arumilli, Rama Arumilli and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 22 Dec 2023 | ₹24.90 Cr | Open |
Axis Bank Limited Creation Date: 30 Mar 2010 | ₹1.00 Cr | Open |
Axis Bank Limited Creation Date: 17 Jan 2004 | ₹1.20 Cr | Open |
How Many Employees Work at Coromandel Paints?
Coromandel Paints has a workforce of 128 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coromandel Paints, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Coromandel Paints's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
