Titan Paints Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.90 M
- Company Age 79 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.60 Cr
- Satisfied Charges ₹ 5.75 Cr
- Revenue Growth 31.55%
- Profit Growth 52.02%
- Ebitda 124.81%
- Net Worth 14.68%
- Total Assets 15.16%
About Titan Paints
Titan Paints Private Limited (TPPL) was founded in India on 26 July 1945 and has a glorious history of 79 years and six months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as The Titan Paint And Varnish Company Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.90 M.
The company currently has active open charges totaling ₹26.60 Cr. The company has closed loans amounting to ₹5.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravi Sam, Uttara Ravi, Ramakrishnan Nagaraj, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24222TZ1945PTC000222
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Company No.
000222
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Jul 1945
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Date of AGM
28 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
What products or services does Titan Paints Private Limited offer?
Titan Paints Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Epoxy Paints and Coatings, PU Paints and Coatings, Epoxy Polyester Powder Coatings.
Who are the key members and board of directors at Titan Paints?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Sam
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Director | 29-Jan-1987 | Current |
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Uttara Ravi
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Director | 26-Feb-1999 | Current |
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Ramakrishnan Nagaraj
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Whole-Time Director | 24-Apr-2005 | Current |
Tara Venu
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Director | 07-Nov-2022 | Current |
Financial Performance of Titan Paints.
Titan Paints Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.55% increase. The company also saw a substantial improvement in profitability, with a 52.02% increase in profit. The company's net worth Soared by an impressive increase of 14.68%.
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What is the Ownership and Shareholding Structure of Titan Paints?
In 2023, Titan Paints had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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The Cotton Textiles Export Promotion CouncilRavi Sam is a mutual person
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Starline Travels Private LimitedUttara Ravi is a mutual person
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Lakshmi Ring Travellers (Coimbatore) Private LimitedRavi Sam, Uttara Ravi and 2 more are mutual person
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Lakshmi Cargo Company LimitedUttara Ravi is a mutual person
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Lakshmi Energy And Environment Designs Private LimitedUttara Ravi is a mutual person
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Adwaith Lakshmi Industries Private LimitedRavi Sam, Uttara Ravi and 2 more are mutual person
Charges (Loans)
₹26.60 Cr
₹5.75 Cr
Charges Breakdown by Lending Institutions
- Others : 26.57 Cr
- State Bank Of India : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2020 | Others | ₹2.17 Cr | Open |
| 21 Sep 2005 | Others | ₹24.40 Cr | Open |
| 28 Sep 1972 | State Bank Of India | ₹0.32 M | Open |
| 27 Feb 2009 | Indian Bank | ₹3.25 Cr | Satisfied |
| 21 Jan 2008 | Housing Development Finance Corporation Limited | ₹1.50 Cr | Satisfied |
How Many Employees Work at Titan Paints?
Titan Paints has a workforce of 102 employees as of Apr 05, 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 Titan 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 Titan 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.
