Durocoat Paints Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.20 Cr
- Satisfied Charges ₹ 5.29 M
- Revenue Growth 60.24%
- Profit Growth 150.73%
- Ebitda 99.01%
- Net Worth 48.45%
- Total Assets 15.55%
About Durocoat Paints
Durocoat Paints Pvt Ltd (DPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 April 1991 and has a history of 33 years and nine months. Its registered office is in Ernakulam, Kerala, India.
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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹5.29 M, as per Ministry of Corporate Affairs (MCA) records.
Joe Joseph, Sudheer Surendran, and Sushil Antony serve as directors at the Company.
Company Details
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Location
Ernakulam, Kerala, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24222KL1991PTC006036
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Company No.
006036
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Apr 1991
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Durocoat Paints?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Joe Joseph
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Director | 24-May-2015 | Current |
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Sudheer Surendran
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Director | 24-May-2015 | Current |
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Sushil Antony
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Director | 24-May-2015 | Current |
Financial Performance of Durocoat Paints.
Durocoat Paints Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 60.24% increase. The company also saw a substantial improvement in profitability, with a 150.73% increase in profit. The company's net worth Soared by an impressive increase of 48.45%.
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What is the Ownership and Shareholding Structure of Durocoat Paints?
In 2023, Durocoat Paints had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Wallmaax Paints Private LimitedJoe Joseph, Sudheer Surendran and 1 more are mutual person
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Wallmaax Crest Private LimitedJoe Joseph, Sudheer Surendran and 1 more are mutual person
Charges (Loans)
₹22.05 M
₹5.29 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.18 Cr
- Canara Bank : 1.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2023 | Hdfc Bank Limited | ₹1.18 Cr | Open |
| 25 Mar 2022 | Canara Bank | ₹2.29 M | Open |
| 17 Dec 2020 | Canara Bank | ₹8.00 M | Open |
| 10 Feb 2006 | Canara Bank | ₹0.90 M | Satisfied |
| 12 Jun 2004 | Canara Bank | ₹0.20 M | Satisfied |
How Many Employees Work at Durocoat Paints?
Unlock and access historical data on people associated with Durocoat Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Durocoat 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 Durocoat 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.
