Garware Paints Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 04-12-2024
- Paid Up Capital ₹ 3.00 M
as on 04-12-2024
- Company Age 23 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.23 Cr
as on 04-12-2024
- Revenue -3.09%
(FY 2022)
- Profit -534.80%
(FY 2022)
- Ebitda 91.32%
(FY 2022)
- Net Worth -188.29%
(FY 2022)
- Total Assets 14.51%
(FY 2022)
About Garware Paints
The Corporate was formerly known as Garware Colours 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.00 M.
The company has closed loans amounting to ₹1.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Arvind Agarwal, Ankur Agarwal, and Sudha Agarwal serve as directors at the Company.
- CIN/LLPIN
U24222UP2001PLC026343
- Company No.
026343
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Nov 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- LocationUttar Pradesh, Uttar Pradesh
- Telephone
- Email Address
- Website
- Social Media
What products or services does Garware Paints Limited offer?
Garware Paints Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Wall Putty.
Who are the key members and board of directors at Garware Paints?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Agarwal  | Director | 09-Nov-2001 | Current |
| Ankur Agarwal | Director | 09-Nov-2001 | Current |
| Sudha Agarwal | Director | 09-Nov-2001 | Current |
Financial Performance of Garware Paints.
Garware Paints Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.09% decrease. The company also saw a substantial fall in profitability, with a 534.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 188.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Garware Paints?
In 2021, Garware Paints had a promoter holding of 69.68% and a public holding of 30.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shargh Plasters LimitedActive 35 years 6 monthsArvind Agarwal, Ankur Agarwal and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 13 Feb 2013 | ₹2.50 M | Satisfied |
Bank Of India Creation Date: 24 Jul 2003 | ₹1.00 M | Satisfied |
Bank Of India Creation Date: 23 May 2002 | ₹4.40 M | Satisfied |
How Many Employees Work at Garware Paints?
Unlock and access historical data on people associated with Garware 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 Garware 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 Garware 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.
