Muthu Paint Industries Private Limited

Produces and sells paints, established in 1960, based in Tamil Nadu.

1960 | Madurai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Muthu Paint Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.27 M
  • Company Age 64 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.40 M
  • Satisfied Charges ₹ 0.20 M
  • Revenue Growth %
  • Profit Growth 87.57%
  • Ebitda 85.52%
  • Net Worth -0.91%
  • Total Assets -44.73%

About Muthu Paint Industries

Muthu Paint Industries Private Limited (MPIPL) was founded in India on 08 August 1960 and has a glorious history of 64 years and five months.Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Chemicals 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 0.30 M and a paid-up capital of Rs 0.27 M.

The company currently has active open charges totaling ₹0.40 M. The company has closed loans amounting to ₹0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Nallathambi Mangani, Somasundaram Mala, Rathnam Nallathambi, and One other member serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24222TN1960PTC004224

  • Company No.

    004224

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1960

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals

Who are the key members and board of directors at Muthu Paint Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Nallathambi Mangani Country flag representing In Director 15-Nov-1997Current
Somasundaram Mala Country flag representing In Director 12-Nov-1996Current
Rathnam Nallathambi Country flag representing In Director 06-Jul-1985Current
Rathnam Somasundaram Country flag representing In Director 24-Apr-1995Current

Financial Performance of Muthu Paint Industries.

Muthu Paint Industries Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 87.57% increase in profit. The company's net worth dipped by a decrease of 0.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-44.73%
Profit or Loss
87.57%
Net Worth
-0.91%
EBITDA
85.52%

What is the Ownership and Shareholding Structure of Muthu Paint Industries?

In 2023, Muthu Paint Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.40 M

Satisfied Charges

₹0.20 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.03 Cr
  • Tamilnad Mercantile Bank Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 1980Tamilnad Mercantile Bank Ltd.₹0.10 MOpen
24 Jun 1976Canara Bank₹0.30 MOpen
24 Nov 1983Tamilnadu Mercantile Bank Limited₹0.20 MSatisfied

How Many Employees Work at Muthu Paint Industries?

Muthu Paint Industries has a workforce of 2 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthu Paint Industries, 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 Muthu Paint Industries's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Muthu Paint Industries

Recent activity within the organization

  • Annual General Meeting

    Muthu Paint Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Muthu Paint Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 24 Nov 1983 via Charge ID 90296696 with Tamilnadu Mercantile Bank Limited was fully satisfied on 11 Nov 2017.

    11 Nov 2017

  • Charges

    A charge with Tamilnadu Mercantile Bank Limited of Rs. 0.20 M registered on 24 Nov 1983 with Charge ID 90296696 was modified on 31 Aug 2010.

    31 Aug 2010

  • Director Appointment

    Nallathambi Mangani was appointed as a Director was appointed as a Director on 15 Nov 1997 & has been associated with this company since 27 years 2 months .

    15 Nov 1997

  • Director Appointment

    Somasundaram Mala was appointed as a Director was appointed as a Director on 12 Nov 1996 & has been associated with this company since 28 years 2 months .

    12 Nov 1996

Frequently asked questions

  • Muthu Paint Industries Private Limited was incorporated on 08 Aug 1960.

  • The authorized share capital of Muthu Paint Industries Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.27 M.

  • Currently 4 directors are associated with Muthu Paint Industries Private Limited.

    • Nallathambi Mangani
    • Somasundaram Mala
    • Rathnam Nallathambi
    • Rathnam Somasundaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthu Paint Industries Private Limited is D-9 Sidco Kappalur Ind.Estate Thopur P.O., India, Madurai, Tamil Nadu, 625008.

  • The corporate identification number (CIN) of Muthu Paint Industries Private Limited is U24222TN1960PTC004224 and the company number is 004224 as per Ministry of Corporate Affairs (MCA).

  • As Per 2022 financial reports, 2 employees are currently employed by Muthu Paint Industries Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Muthu Paint Industries Private Limited has experienced an downturn of -0.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Muthu Paint Industries Private Limited amount to ₹ 0.40 M.

  • The most recent Balance Sheet for Muthu Paint Industries Private Limited was filed with the ROC on 31 Mar 2024.

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