Sheenlac Paints Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 23.50 Cr
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 122.88 Cr
- Satisfied Charges ₹ 96.79 Cr
- Revenue Growth 31.29%
- Profit Growth -3240.25%
- Ebitda -38.38%
- Net Worth -35.24%
- Total Assets 0.73%
About Sheenlac Paints
Sheenlac Paints Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 December 2012 and has a history of 12 years and one month. Its registered office is in Tiruvallur, Tamil Nadu, 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 30.00 Cr and a paid-up capital of Rs 23.50 Cr.
The company currently has active open charges totaling ₹122.88 Cr. The company has closed loans amounting to ₹96.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sheenlac Paints Limited India are Deepujoseph as Cfo, Jayaprakash Janardhanan as Ceo, and Ramesh Pathak as Company Secretary. Ramesh Ramanathan, Sudhir Peter, Ishwar Subramanian, and Three other members serve as directors at the Company.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24222TN2012PLC088947
- Company No.
088947
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Dec 2012
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Sheenlac Paints Limited offer?
Sheenlac Paints Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Primer, Exterior Paint, FRP Lining, PU & Powder Coatings, Automotive Paints and Coatings, Paint Thinners, Industrial Paints and Coatings, Wood & Metal Paint, Spray Paints, Lacquer.
Who are the key members and board of directors at Sheenlac Paints?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhir Peter  | Managing Director | 13-Dec-2012 | Current |
| Deepujoseph | CFO | 20-Jul-2024 | Current |
| Jayaprakash Janardhanan | CEO | 01-Jun-2021 | Current |
| Ramesh Pathak | Company Secretary | 20-Jul-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Ramanathan | Director | 01-Apr-2023 | Current |
| Ishwar Subramanian | Director | Current | |
| Lakshminarayanan Seshadri | Director | 01-Mar-2018 | Current |
| Chackochen Chacko | Director | 16-Jun-2014 | Current |
| Sanjhana Sudhir | Director | 16-Mar-2022 | Current |
Financial Performance of Sheenlac Paints.
Sheenlac Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.29% increase. The company also saw a substantial fall in profitability, with a 3240.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.24%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Sheenlac Paints?
In 2023, Sheenlac Paints had a promoter holding of 97.67% and a public holding of 2.33%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Smartbridge Educational Services Private LimitedLakshminarayanan Seshadri is a mutual person
Sheenlac Noroo Coatings India Private LimitedSudhir Peter and Ishwar Subramanian are mutual person
Mcelroy Sales And Service India Private LimitedIshwar Subramanian is a mutual person
Johnson Electric Private LimitedRamesh Pathak is a mutual person
Howden Insurance Brokers India Private LimitedIshwar Subramanian is a mutual person
V Guard Industries LimitedIshwar Subramanian is a mutual person
Charges (Loans)
₹122.88 Cr
₹96.79 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 72.72 Cr
- Axis Bank Limited : 50.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2024 | Hdfc Bank Limited | ₹2.57 Cr | Open |
| 29 Apr 2024 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 19 Mar 2024 | Hdfc Bank Limited | ₹1.49 M | Open |
| 21 Nov 2022 | Hdfc Bank Limited | ₹45.00 Cr | Open |
| 03 May 2019 | Axis Bank Limited | ₹0.97 M | Open |
How Many Employees Work at Sheenlac Paints?
Sheenlac Paints has a workforce of 589 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sheenlac 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 Sheenlac 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.
