Sunlac Paints Limited

Manufacturer of paints, thinners, varnish, and resins since 1988 with headquarters in Delhi.

1988 | Delhi (India) | Active
Last Updated:

Sunlac Paints Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 37 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.90 Cr
  • Satisfied Charges ₹ 4.99 Cr
  • Revenue Growth 50.27%
  • Profit Growth 123.73%
  • Ebitda 106.42%
  • Net Worth 27.04%
  • Total Assets 37.54%

About Sunlac Paints

Sunlac Paints Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 April 1988 and has a history of 37 years. Its registered office is in Delhi, 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 5.00 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹12.90 Cr. The company has closed loans amounting to ₹4.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Atul Jain, Kapil Mehra, Ashwani Mehra, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00000DL1988PLC031420

  • Company No.

    031420

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing
Company report

Sunlac Paints Limited

Explore comprehensive data for Sunlac Paints Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sunlac Paints?

Board Members (6)

NameDesignationAppointment DateStatus
Atul Jain Country flag representing In Whole-Time Director 19-Aug-2016Current
Ashwani Mehra Country flag representing In Whole-Time Director 01-Nov-1990Current
Kapil Mehra Country flag representing In Whole-Time Director 01-Jan-1996Current
Manoj Batra Country flag representing In Whole-Time Director 19-Jul-2023Current
Deep Batra Country flag representing In Whole-Time Director 19-Aug-2016Current
Girish Jain Country flag representing In Director 19-Jul-2023Current

Financial Performance of Sunlac Paints.

Sunlac Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.27% increase. The company also saw a substantial improvement in profitability, with a 123.73% increase in profit. The company's net worth Soared by an impressive increase of 27.04%.

Sunlac Paints revenue growth over time
Sunlac 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
50.27%
Revenue from Operations
50.31%
Total Assets
37.54%
Profit or Loss
123.73%
Net Worth
27.04%
EBITDA
106.42%

What is the Ownership and Shareholding Structure of Sunlac Paints?

In 2023, Sunlac Paints 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

₹129.00 M

Satisfied Charges

₹49.93 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 12.00 Cr
  • Others : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2020Others₹9.00 MOpen
06 Nov 2020Standard Chartered Bank₹5.00 MOpen
25 Feb 2020Standard Chartered Bank₹11.50 CrOpen
10 Jan 2005Others₹4.99 CrSatisfied

How Many Employees Work at Sunlac Paints?

Sunlac Paints has a workforce of 57 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 Sunlac Paints Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunlac 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 Sunlac 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 Sunlac Paints

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 115.00 M registered on 25 Feb 2020 with Charge ID 100347649 was modified on 14 May 2024.

  • Annual General Meeting

    Sunlac Paints Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Manoj Batra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 19 Jul 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Sunlac Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 100427626 was registered on 30 Dec 2020.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 5.00 M with Charge ID 100390039 was registered on 06 Nov 2020.

Frequently asked questions

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

    Sunlac Paints Limited was incorporated on 25 Apr 1988.

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

    The authorized share capital of Sunlac Paints Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.

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

    Currently 6 directors are associated with Sunlac Paints Limited.

    • Atul Jain
    • Kapil Mehra
    • Ashwani Mehra
    • Manoj Batra
    • Deep Batra
    • Girish Jain

  • What is the registered address of Sunlac Paints Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunlac Paints Limited is C-784 3Rd Floor, New Friends Colony India, New Delhi, 110025.

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

    The corporate identification number (CIN) of Sunlac Paints Limited is U00000DL1988PLC031420 and the company number is 031420 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sunlac Paints Limited?

    The Official website of Sunlac Paints Limited is https://www.sunlacpaints.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Sunlac Paints Limited has risen by 50.27%.

  • How many employees does Sunlac Paints Limited currently have?

    As Per 2023 financial reports, 57 employees are currently employed by Sunlac Paints Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sunlac Paints Limited has experienced an upsurge of 27.04%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Sunlac Paints Limited amount to ₹ 12.90 Cr.

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

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

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