Nitco Paints Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 10-12-2024
- Paid Up Capital ₹ 2.90 M
as on 10-12-2024
- Company Age 43 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 600.00 Cr
as on 10-12-2024
- Satisfied Charges ₹ 30.66 Cr
as on 10-12-2024
- Revenue 46.21%
(FY 2022)
- Profit -27.23%
(FY 2022)
- Ebitda 8.88%
(FY 2022)
- Net Worth -0.36%
(FY 2022)
- Total Assets 1.65%
(FY 2022)
About Nitco Paints
The Company is engaged in the Chemicals And Materials 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 2.00 Cr and a paid-up capital of Rs 2.90 M.
The company currently has active open charges totaling ₹600.00 Cr. The company has closed loans amounting to ₹30.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Poonam Talwar and Sanjnaa Talwar serve as directors at the Company.
- CIN/LLPIN
U24220MH1981PTC024652
- Company No.
024652
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1981
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Nitco Paints?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Poonam Talwar  | Director | 29-Sep-2001 | Current |
| Sanjnaa Talwar | Director | 25-Aug-2017 | Current |
Financial Performance of Nitco Paints.
Nitco Paints Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 46.21% increase. The company also saw a substantial fall in profitability, with a 27.23% decrease in profit. The company's net worth dipped by a decrease of 0.36%.
- 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 Nitco Paints?
In 2022, Nitco Paints had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nitco Construction Materials Private LimitedActive 55 years 8 monthsPoonam Talwar is a mutual person
- Nitco Terrazzo Tiles Private Limited(Td. From T.N)Active 41 years 1 month
Poonam Talwar is a mutual person
- Nitco Tiles And Marble Industries(Andhra) Pvt LtdActive 47 years 2 months
Poonam Talwar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Sep 2024 | ₹50.00 Cr | Open |
Others Creation Date: 22 May 2024 | ₹500.00 Cr | Open |
Others Creation Date: 23 Sep 2017 | ₹50.00 Cr | Open |
How Many Employees Work at Nitco Paints?
Unlock and access historical data on people associated with Nitco 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 Nitco 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 Nitco 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.
