Orbit Coatings Pvt Ltd

Manufacturer of heat resistant paints and powder coatings, serving clients in various industries.

1987 | Pune, Maharashtra (India) | Active
Last Updated: July 04, 2024

Orbit Coatings Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.99 Cr
  • Revenue Growth 29.48%
  • Profit Growth 1378.57%
  • Ebitda 144.22%
  • Net Worth 57.59%
  • Total Assets 7.39%

About Orbit Coatings

Orbit Coatings Pvt Ltd (OCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 1987 and has a history of 37 years and eight months. Its registered office is in Pune, Maharashtra, 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 3.00 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹16.99 Cr.

Sandeep Sanghvi, Bela Sanghvi, and Prashant Kelkar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1987PTC043530

  • Company No.

    043530

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Orbit Coatings Pvt Ltd offer?

Orbit Coatings Pvt Ltd offers a wide range of products and services, including Powder Coatings, Powder Coating, FRP Lining, PU & Powder Coatings, Paints, Heat Resistant Paint, Industrial Paints and Coatings, Industrial Coatings, Special Coating, Automotive Paints and Coatings, Polyester Coating.

Who are the key members and board of directors at Orbit Coatings?

Executive Team (1)

Name Designation Appointment Date Status
Sandeep Sanghvi Country flag representing In Managing Director 21-Mar-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Bela Sanghvi Country flag representing In Additional Director 22-Mar-2024 Current
Prashant Kelkar Country flag representing In Director 13-Jan-2021 Current

Financial Performance of Orbit Coatings.

Orbit Coatings Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 29.48% increase. The company also saw a substantial improvement in profitability, with a 1378.57% increase in profit. The company's net worth Soared by an impressive increase of 57.59%.

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
29.48%
Revenue from Operations
28.28%
Total Assets
7.39%
Profit or Loss
1378.57%
Net Worth
57.59%
EBITDA
144.22%

What is the Ownership and Shareholding Structure of Orbit Coatings?

In 2023, Orbit Coatings had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.99 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 16.99 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2022 Others ₹1.67 M Open
17 May 2022 Others ₹0.70 M Open
30 Mar 2022 Others ₹7.27 M Open
19 Mar 2001 Others ₹16.03 Cr Open

How Many Employees Work at Orbit Coatings?

Orbit Coatings has a workforce of 48 employees as of Apr 01, 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 Orbit Coatings, 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 Orbit Coatings'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 Orbit Coatings

Recent activity within the organization

  • Director Appointment

    Bela Sandeep Sanghvi was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2024 & has been associated with this company since 10 months 11 days .

    22 Mar 2024

  • Annual General Meeting

    Orbit Coatings Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Orbit Coatings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100615851 was registered on 18 Aug 2022.

    18 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100585086 was registered on 17 May 2022.

    17 May 2022

  • Charges

    A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100585105 was registered on 30 Mar 2022.

    30 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Orbit Coatings Pvt Ltd was incorporated on 21 May 1987.

  • The authorized share capital of Orbit Coatings Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 3 directors are associated with Orbit Coatings Pvt Ltd.

    • Sandeep Kantilal Sanghvi
    • Bela Sandeep Sanghvi
    • Prashant Madhav Kelkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Coatings Pvt Ltd is Charholi Khurdpagade Vasti Alandi, Pune, Maharashtra, India, 412105.

  • The corporate identification number (CIN) of Orbit Coatings Pvt Ltd is U72200MH1987PTC043530 and the company number is 043530 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Orbit Coatings Pvt Ltd is https://www.orbitcoatings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Orbit Coatings Pvt Ltd has risen by 29.48%.

  • As Per 2023 financial reports, 48 employees are currently employed by Orbit Coatings Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Orbit Coatings Pvt Ltd has experienced an upsurge of 57.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Orbit Coatings Pvt Ltd amount to ₹ 16.99 Cr.

  • The most recent Balance Sheet for Orbit Coatings Pvt Ltd was filed with the ROC on 31 Mar 2023.

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