Sheenlac Paints Limited

Manufacturer of auto, wood, and decorative paints with a presence in south India.

2012 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Sheenlac Paints Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 23.50 Cr
  • Company Age 12 Year, 2 Months
  • 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 two months. 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

    sheenlac.com

  • 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

Manufacturing

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)

NameDesignationAppointment DateStatus
Sudhir Peter Country flag representing In Managing Director13-Dec-2012Current
Deepujoseph Country flag representing In CFO20-Jul-2024Current
Jayaprakash Janardhanan Country flag representing In CEO01-Jun-2021Current
Ramesh Pathak Country flag representing In Company Secretary20-Jul-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramesh Ramanathan Country flag representing In Director 01-Apr-2023Current
Ishwar Subramanian Country flag representing In Director Current
Lakshminarayanan Seshadri Country flag representing In Director 01-Mar-2018Current
Chackochen Chacko Country flag representing In Director 16-Jun-2014Current
Sanjhana Sudhir Country flag representing In Director 16-Mar-2022Current

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%.

Sheenlac Paints revenue growth over time
Sheenlac Paints 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
31.29%
Revenue from Operations
31.45%
Total Assets
0.73%
Profit or Loss
-3240.25%
Net Worth
-35.24%
EBITDA
-38.38%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹122.88 Cr

Satisfied Charges

₹96.79 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 72.72 Cr
  • Axis Bank Limited : 50.17 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2024Hdfc Bank Limited₹2.57 CrOpen
29 Apr 2024Hdfc Bank Limited₹25.00 CrOpen
19 Mar 2024Hdfc Bank Limited₹1.49 MOpen
21 Nov 2022Hdfc Bank Limited₹45.00 CrOpen
03 May 2019Axis Bank Limited₹0.97 MOpen

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.

Employee growth trends for Sheenlac Paints Limited

Deals i

Graph showing company valuation over time

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

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 Sheenlac Paints

Recent activity within the organization

  • Director Appointment

    Deepujoseph was appointed as a Cfo was appointed as a Cfo on 20 Jul 2024 & has been associated with this company since 7 months 12 days .

  • Director Appointment

    Ramesh Chandra Pathak was appointed as a Company Secretary was appointed as a Company Secretary on 20 Jul 2024 & has been associated with this company since 7 months 12 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.57 Cr with Charge ID 100921573 was registered on 29 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100921601 was registered on 29 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 21 Nov 2022 with Charge ID 100643889 was modified on 26 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100913625 was registered on 19 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Sheenlac Paints Limited?

    Sheenlac Paints Limited was incorporated on 13 Dec 2012.

  • What is authorized share capital and paid-up capital of Sheenlac Paints Limited?

    The authorized share capital of Sheenlac Paints Limited is ₹ 30.00 Cr and paid-up capital is ₹ 23.50 Cr.

  • Who are the current board members & directors of Sheenlac Paints Limited?

    Currently 9 directors are associated with Sheenlac Paints Limited.

    • Ramesh Ramanathan
    • Sudhir Peter
    • Ishwar Subramanian
    • Lakshminarayanan Seshadri
    • Chackochen Ollukkrren Vipin Chacko
    • Sanjhana Sudhir
    • Deepujoseph
    • Jayaprakash Babu Janardhanan
    • Ramesh Chandra Pathak

  • What is the registered address of Sheenlac Paints Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sheenlac Paints Limited is Old No 109B New 124 Developed Plots Sidco Industrial Estate Ambattur India, Chennai, Tamil Nadu, 600098.

  • What is the corporate identification number (CIN) and company number of Sheenlac Paints Limited?

    The corporate identification number (CIN) of Sheenlac Paints Limited is U24222TN2012PLC088947 and the company number is 088947 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sheenlac Paints Limited?

    The Official website of Sheenlac Paints Limited is https://www.sheenlac.com

  • What has been the recent revenue trend for Sheenlac Paints Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sheenlac Paints Limited has risen by 31.29%.

  • How many employees does Sheenlac Paints Limited currently have?

    As Per 2023 financial reports, 589 employees are currently employed by Sheenlac Paints Limited.

  • What change has been observed in the net worth of Sheenlac Paints Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sheenlac Paints Limited has experienced an downturn of -35.24%.

  • What are the total open charges for Sheenlac Paints Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sheenlac Paints Limited amount to ₹ 122.88 Cr.

  • When was the last Balance Sheet of Sheenlac Paints Limited filed with the ROC?

    The most recent Balance Sheet for Sheenlac Paints Limited was filed with the ROC on 31 Mar 2023.

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