True Coat Paints Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 9.94 M
as on 16-11-2024
- Company Age 25 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.21 Cr
as on 16-11-2024
- Satisfied Charges ₹ 9.70 Cr
as on 16-11-2024
- Revenue 14.56%
(FY 2023)
- Profit 249.45%
(FY 2023)
- Ebitda 1180.09%
(FY 2023)
- Net Worth 37.84%
(FY 2023)
- Total Assets 8.49%
(FY 2023)
About True Coat Paints
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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.94 M.
The company currently has active open charges totaling ₹5.21 Cr. The company has closed loans amounting to ₹9.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Skaria Mathew, Kottakkaran Mariam, Methaparambil Skaria, and One other member serve as directors at the Company.
- CIN/LLPIN
U24222KL1999PTC012965
- Company No.
012965
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Apr 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does True Coat Paints Private Limited offer?
True Coat Paints Private Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Interior Paint, Emulsion Paints, Exterior Paint, Primer, Machines & Equipments, Industrial Process Equipment, Roofing and False ceiling, Roof Tiles.
Who are the key members and board of directors at True Coat Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Methaparambil Skaria  | Managing Director | 01-Oct-2010 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Skaria Mathew | Director | 30-Sep-2010 | Current |
| Kottakkaran Mariam | Director | 30-Oct-2012 | Current |
| Arun Methaparambil | Director | 30-Oct-2012 | Current |
Financial Performance of True Coat Paints.
True Coat Paints Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.56% increase. The company also saw a substantial improvement in profitability, with a 249.45% increase in profit. The company's net worth Soared by an impressive increase of 37.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of True Coat Paints?
In 2023, True Coat Paints had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Truecem Wonder Colours Private LimitedActive 22 years 4 monthsSkaria Mathew, Methaparambil Skaria and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 21 Dec 2023 | ₹4.55 M | Open |
Hdfc Bank Limited Creation Date: 29 Mar 2023 | ₹4.50 M | Open |
Others Creation Date: 29 Jan 2022 | ₹1.58 M | Open |
How Many Employees Work at True Coat Paints?
True Coat Paints has a workforce of 12 employees as of Apr 06, 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 True Coat 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 True Coat 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.
