Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Jsw Paints
Location
T. Score
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
People
Network
Registered Details

JSW PAINTS PRIVATE LIMITED

Active

Updated: 16 Jul 2024

The company manufactures industrial and decorative paints.

Jsw Paints Private Limited, is an unlisted private company incorporated on 25 February, 2016. It is classified as a public limited company and is located in Mumbai City, Maharashtra. It's authorized share capital is INR 270.00 cr and the total paid-up capital is INR 229.48 cr.

Industry

Manufacturing of Pharmaceuticals

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales

31.56%

₹ 2,097.3

EBITDA

₹ 63.8

Net Profit

₹ -35.1

Networth

66.68%

₹ 565.0

Borrowings

-6.47%

₹ 652.7

Assets

21.2%

₹ 1,725.7

Gross Margin

6.08

36.4 %

Operating Margin

5.04

3.0 %

Net Profit Margin

3.68

-1.7 %

Return on Equity

19.06

-6.2 %

ROCE

16.21

0.9 %

Debt to Equity

-0.9

1.2

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

View subscriptions and buy credits

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
- Litigation and more
Due diligence report

₹ 2999
- Everything in financial report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

India (1)

State	Type	Address

Locations on Map

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

LOSS MAKING
LOW ROCE
LOW CASH BALANCE

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	206.0	430.5	1,060.4	1,594.1	2,097.3
Operating profit	-67.4	-68.5	-58.5	-32.0	63.8
Net profit	-101.5	-118.0	-118.5	-85.7	-35.1
Gross margin	17.9	23.7	25.1	30.3	36.4
Operating margin	-32.7	-15.9	-5.5	-2.0	3.0
Net margin	-49.2	-27.3	-11.2	-5.3	-1.7
Networth	94.0	23.5	207.2	339.0	565.0
Borrowings	464.4	596.0	725.7	697.8	652.7
Assets	800.3	906.4	1,268.8	1,423.9	1,725.7
Debt to equity	4.9	25.4	3.5	2.1	1.2
Current ratio	0.5	0.8	1.1	1.1	1.1
ROE	-108.0	-503.1	-57.2	-25.3	-6.2
Days payable	326.0	144.0	124.0	110.0	123.0
WC days	-275.0	-66.0	10.0	17.0	19.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	200.0	200.0	216.2	222.1	229.5
Reserves	-106.0	-176.5	-9.0	116.9	335.5
Borrowings +	464.4	596.0	725.7	697.8	652.7
Long term borrowings	380.0	493.5	422.5	422.0	339.4
Short term borrowings	84.4	102.5	303.2	275.8	313.3
Trade payables +	150.9	129.4	269.0	333.4	449.1
Days payable	326.0	144.0	124.0	110.0	123.0
Other liabilities +	241.9	286.8	335.9	387.1	508.1
Other non-current liabilities	2.1	64.8	40.2	12.8	20.6
Other current liabilities	88.9	92.7	26.8	40.9	38.3
Total liabilities	800.3	906.4	1,268.8	1,423.9	1,725.7
Fixed Assets +	508.3	493.8	481.3	475.2	560.6
Tangible assets	452.4	456.9	429.3	415.8	411.4
CWIP	55.0	33.9	49.7	55.1	146.6
Intangible assets	0.8	3.0	2.4	4.3	2.6
LT loans and advances	1.3	2.2	-	-	-
Other non-current assets	121.4	163.1	159.6	226.2	254.5
Current assets +	169.3	247.3	628.0	722.4	910.6
Inventories	83.6	110.4	223.9	276.5	337.3
Trade receivables	69.9	114.3	264.9	357.7	462.5
Cash and cash equivalents	0.1	1.6	2.6	2.6	10.9
ST loans and advances	-	-	-	-	-
Other current assets	15.7	20.9	136.5	85.6	100.0
Total assets	800.3	906.4	1,268.8	1,423.9	1,725.7

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	24.99	22.07	17.04	15.6	13.3
Reserves	-13.24	-19.48	-0.71	8.21	19.44
Borrowings +	58.03	65.76	57.2	49.01	37.82
Long term borrowings	47.48	54.45	33.3	29.64	19.66
Short term borrowings	10.55	11.31	23.9	19.37	18.16
Trade payables	18.85	14.27	21.2	23.42	26.02
Other liabilities +	30.23	31.65	26.47	27.18	29.44
Other non-current liabilities	0.26	7.15	3.16	0.9	1.2
Other current liabilities	11.11	10.23	2.11	2.87	2.22
Total liabilities
Fixed Assets +	63.51	54.48	37.93	33.38	32.48
Tangible assets	56.52	50.41	33.83	29.2	23.84
CWIP	6.88	3.74	3.92	3.87	8.49
Intangible assets	0.1	0.33	0.19	0.3	0.15
LT loans and advances	0.17	0.24	0.0	0.0	0.0
Other non-current assets	15.17	17.99	12.57	15.89	14.75
Current assets +	21.16	27.28	49.49	50.74	52.77
Inventories	10.44	12.18	17.65	19.42	19.55
Trade receivables	8.73	12.61	20.88	25.12	26.8
Cash and cash equivalents	0.01	0.18	0.21	0.18	0.63
ST loans and advances	0.01	0.01	0.0	0.0	0.0
Other current assets	1.96	2.3	10.76	6.01	5.79
Total assets

	Mar 2022	Mar 2023	Mar 2024
Equity Capital	216.2	222.1	229.5
Reserves	-9.8	120.1	324.4
Borrowings +	762.6	697.8	652.7
Long term borrowings	453.4	422.0	339.4
Short term borrowings	309.2	275.8	313.3
Trade payables +	270.9	333.4	449.1
Days payable	124.0	110.0	123.0
Other liabilities +	301.0	387.1	508.0
Other non-current liabilities	9.3	12.8	20.6
Other current liabilities	20.8	40.9	38.3
Total liabilities	1,269.9	1,427.1	1,714.6
Fixed Assets +	481.3	475.2	560.6
Tangible assets	464.6	453.3	553.1
CWIP	14.4	17.6	4.8
Intangible assets	2.4	4.3	2.6
LT loans and advances	-	-	-
Other non-current assets	155.1	229.4	243.4
Current assets +	633.5	722.4	910.6
Inventories	223.9	276.5	337.3
Trade receivables	264.9	357.7	462.5
Cash and cash equivalents	2.6	2.6	10.9
ST loans and advances	-	-	-
Other current assets	142.1	85.6	100.0
Total assets	1,269.9	1,427.1	1,714.6

Percentage of assets	Mar 2022	Mar 2023	Mar 2024
Equity Capital	17.03	15.56	13.38
Reserves	-0.78	8.42	18.92
Borrowings +	60.05	48.9	38.06
Long term borrowings	35.7	29.57	19.79
Short term borrowings	24.35	19.33	18.27
Trade payables	21.33	23.36	26.19
Other liabilities +	23.7	27.12	29.63
Other non-current liabilities	0.73	0.9	1.2
Other current liabilities	1.64	2.86	2.23
Total liabilities
Fixed Assets +	37.9	33.3	32.69
Tangible assets	36.58	31.77	32.26
CWIP	1.13	1.23	0.28
Intangible assets	0.19	0.3	0.15
LT loans and advances	0.0	0.0	0.0
Other non-current assets	12.21	16.08	14.2
Current assets +	49.89	50.62	53.11
Inventories	17.63	19.38	19.67
Trade receivables	20.86	25.06	26.97
Cash and cash equivalents	0.21	0.18	0.63
ST loans and advances	0.0	0.0	0.0
Other current assets	11.19	6.0	5.83
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	206.0	430.5	1,060.4	1,594.1	2,097.3
Sales growth %	None	108.98	146.34	50.33	31.56
Expenses +	349.7	599.3	1,228.5	1,739.1	2,148.7
Cost of goods	169.1	328.4	794.6	1,110.9	1,334.2
Employee cost	42.5	56.5	89.6	129.2	156.4
Other costs	61.9	114.2	234.7	386.0	542.9
Operating profit +	-67.4	-68.5	-58.5	-32.0	63.8
Operating margin %	-32.7	-15.9	-5.5	-2.0	3.0
Other income	0.5	2.0	0.6	7.1	2.9
Interest	40.1	56.1	59.0	61.2	57.4
Depreciation	36.2	44.2	50.6	51.8	57.7
Exceptional items	-	-	-	-	-
Profit before tax	-143.3	-166.8	-167.5	-137.9	-48.4
Tax	-41.7	-48.8	-49.0	-52.2	-13.3
Profit - disc. ops	-	-	-	-	-
Net profit	-101.5	-118.0	-118.5	-85.7	-35.1
Net margin %	-49.2	-27.3	-11.2	-5.3	-1.7

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.77	99.53	99.94	99.56	99.86
Expenses +	169.39	138.58	115.78	108.61	102.31
Cost of goods	81.89	75.92	74.89	69.38	63.53
Employee cost	20.59	13.05	8.45	8.07	7.45
Other costs	29.96	26.41	22.12	24.11	25.85
Operating profit	-32.66	-15.85	-5.52	-2.0	3.04
Other income	0.23	0.47	0.06	0.44	0.14
Interest	19.4	12.96	5.56	3.82	2.73
Depreciation	17.56	10.23	4.77	3.24	2.75
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-69.39	-38.58	-15.78	-8.61	-2.31
Tax	-20.21	-11.29	-4.62	-3.26	-0.63
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-49.18	-27.29	-11.17	-5.35	-1.67

	Mar 2022	Mar 2023	Mar 2024
Sales +	1,060.4	1,594.1	2,097.3
Sales growth %	None	50.33	31.56
Expenses +	1,233.3	1,739.1	2,148.7
Cost of goods	794.6	1,110.9	1,334.2
Employee cost	94.4	129.2	156.4
Other costs	234.7	386.0	542.9
Operating profit +	-63.3	-32.0	63.8
Operating margin %	-6.0	-2.0	3.0
Other income	0.6	22.2	2.9
Interest	59.0	61.2	57.4
Depreciation	50.6	51.8	57.7
Exceptional items	-0.8	-9.4	-20.7
Profit before tax	-173.1	-132.1	-69.1
Tax	-49.0	-50.5	-19.8
Profit - disc. ops	-	-	-
Net profit	-124.1	-81.6	-49.4
Net margin %	-11.7	-5.0	-2.4

Precentage of total income	Mar 2022	Mar 2023	Mar 2024
Sales	99.94	98.62	99.86
Expenses +	116.24	107.59	102.31
Cost of goods	74.89	68.73	63.53
Employee cost	8.9	7.99	7.45
Other costs	22.12	23.88	25.85
Operating profit	-5.97	-1.98	3.04
Other income	0.06	1.38	0.14
Interest	5.56	3.78	2.73
Depreciation	4.77	3.21	2.75
Exceptional items	-0.08	-0.58	-0.99
Profit before tax	-16.31	-8.17	-3.29
Tax	-4.62	-3.12	-0.94
Profit - disc. ops	0.0	0.0	0.0
Net profit	-11.7	-5.05	-2.35

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	4.9	25.4	3.5	2.1	1.2
Net Debt/Equity	4.9	25.3	3.5	2.0	1.1
Total Debt/Assets	0.6	0.7	0.6	0.5	0.4
Total Assets/Equity	8.5	38.6	6.1	4.2	3.0
Liquidity +
Current Ratio	0.5	0.8	1.1	1.1	1.1
Quick Ratio	0.3	0.4	0.7	0.7	0.7
Interest Coverage	-1.7	-1.2	-1.0	-0.5	1.1
Performance
Gross Margin	17.9	23.7	25.1	30.3	36.4
Operating Margin	-32.7	-15.9	-5.5	-2.0	3.0
Net Margin	-49.2	-27.3	-11.2	-5.3	-1.7
Return +
Return on Equity	-108.0	-503.1	-57.2	-25.3	-6.2
Pre-tax ROCE	-29.3	-27.1	-21.4	-15.3	0.9
Return on Assets	-12.7	-13.0	-9.3	-6.0	-2.0
Pre-tax ROIC	-18.6	-18.2	-11.7	-8.1	0.5
Efficiency +
Days Payable	326.0	144.0	124.0	110.0	123.0
Days Inventory	180.0	123.0	103.0	91.0	92.0
Days Receivable	124.0	97.0	91.0	82.0	80.0
Fixed Asset Turnover	0.4	0.9	2.2	3.4	3.7
Total Asset Turnover	0.3	0.5	0.8	1.1	1.2
Working Capital
Cash Conversion Cycle	-22.0	76.0	70.0	63.0	49.0
Working Capital Days	-275.0	-66.0	10.0	17.0	19.0

	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	3.7	2.0	1.2
Net Debt/Equity	3.7	2.0	1.2
Total Debt/Assets	0.6	0.5	0.4
Total Assets/Equity	6.2	4.2	3.1
Liquidity +
Current Ratio	1.1	1.1	1.1
Quick Ratio	0.7	0.7	0.7
Interest Coverage	-1.1	-0.5	1.1
Performance
Gross Margin	25.1	30.3	36.4
Operating Margin	-6.0	-2.0	3.0
Net Margin	-11.7	-5.0	-2.4
Return +
Return on Equity	-60.1	-23.9	-8.9
Pre-tax ROCE	-22.2	-15.3	0.9
Return on Assets	-9.8	-5.7	-2.9
Pre-tax ROIC	-11.8	-8.1	0.5
Efficiency +
Days Payable	124.0	110.0	123.0
Days Inventory	103.0	91.0	92.0
Days Receivable	91.0	82.0	80.0
Fixed Asset Turnover	2.2	3.4	3.7
Total Asset Turnover	0.8	1.1	1.2
Working Capital
Cash Conversion Cycle	70.0	63.0	49.0
Working Capital Days	11.0	17.0	19.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation	Name	DIN/PAN	Tenure
Director	Ashok Kumar Barat	00492930	1 years
Director	Vijay Madhusudan Bhat	00637497	6 years
Director	Gautam Chainani	00688263	3 years
Director	Anunay Kumar	01647407	9 years
Kmp	Sundaresan Suryanarayana Arumbakkam	<HIDDEN>	8 years
Whole-time Director	Sundaresan Suryanarayana Arumbakkam	03584228	8 years
Managing Director	Parth Sajjan Jindal Shareholder	06404506	9 years
CFO	Govindan Radhakrishnan	<HIDDEN>	6 years
CS	Nishant Uday Salvi	<HIDDEN>	4 years

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
JSW PAINTS PRIVATE LIMITED	Active	229.5 Cr	9	Maharashtra
FORBES FINANCE LIMITED	Amalgamated	3.8 Cr	1	Maharashtra
NYPRO FORBES MOULDS LIMITED	Amalgamated	8.0 Cr	1	Tamil Nadu
MERX BUSINESS ADVISORS LLP	Active	1.0 L	1	Maharashtra
MAHINDRA ACCELO LIMITED	Active	16.6 Cr	1	Maharashtra
EVEREST INDUSTRIES LIMITED	Active	15.8 Cr	1	Maharashtra
ALEMBIC PHARMACEUTICALS LIMITED	Active	39.3 Cr	1	Gujarat
HUHTAMAKI INDIA LIMITED	Active	15.1 Cr	1	Maharashtra
GE POWER INDIA LIMITED	Active	67.2 Cr	1	Maharashtra
AARTI INDUSTRIES LTD	Active	181.3 Cr	1	Gujarat
BATA INDIA LTD	Active	64.3 Cr	1	West Bengal
ROOTS AND WINGS CONSULTING SERVICES PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
SAMPURNAH HOLISTIC HEALTH SCIENCES PRIVA TE LIMITED	Strike Off	1.0 L	1	Karnataka
CANCER AWAKENS PRIVATE LIMITED	Strike Off	1.0 L	1	Maharashtra
SAPPHIRE HUMAN CAPITAL PRIVATE LIMITED	Active	1.5 L	1	Maharashtra
PIOMBINO STEEL LIMITED	Active	6,092.9 Cr	1	Maharashtra
DOLVI MINERALS & METALS PRIVATE LIMITED	Amalgamated	350.0 Cr	1	Maharashtra
KANSORTIUM PROCESS TEKNOLOGIES PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
BHUSHAN POWER & STEEL LIMITED	Active	100.0 Cr	1	Delhi
PAINTS AND COATINGS SKILL COUNCIL	Active	1.0 Cr	1	Maharashtra
JSW RECHARGE SPORTS PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
SVAMAAN FINANCIAL SERVICES PRIVATE LIMITED	Active	171.0 Cr	1	Maharashtra
JSW ENERGY LIMITED	Active	1,747.8 Cr	1	Maharashtra
JSW IP HOLDINGS PRIVATE LIMITED	Active	2.0 Cr	1	Maharashtra
CENTRE COURT CAPITAL INVESTMENT MANAGERS PRIVATE LIMITED	Active	2.0 L	1	Maharashtra
MUSO D INNOVATION LAB PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
JSW ONE DISTRIBUTION LIMITED	Active	50.0 Cr	1	Maharashtra
Centre Court Capital Fund Managers IFSC LLP	Inactive for e-filing	83.0 L	1	ja
JSW SPORTS VENTURES PRIVATE LIMITED	Active	45.0 L	1	Maharashtra
JSW CEMENT LIMITED	Active	2,618.9 Cr	1	Maharashtra
JSW BENGALURU FOOTBALL CLUB PRIVATE LIMITED	Active	14.0 L	1	Karnataka
JSW ONE PLATFORMS LIMITED	Active	2.0 Cr	1	Maharashtra
JSW GMR CRICKET PRIVATE LIMITED	Active	1.2 Cr	1	Delhi
JSW MG MOTOR INDIA PRIVATE LIMITED	Active	3,903.2 Cr	1	Haryana

Registered Details

CIN

U24200MH2016PLC273511

PAN

AADCJ6739M

Incorporation

2016, 9.1 years

Company Email

cs.jswpaints@jsw.in

Paid up Capital

₹ 229.5 Cr

Authorised Capital

₹ 270.0 Cr

AGM

Sep 2023

Type

Private

Non-government Company

FAQ - JSW PAINTS PRIVATE LIMITED

What is the incorporation date of JSW PAINTS PRIVATE LIMITED?

The incorporation date of JSW PAINTS PRIVATE LIMITED is 25 February, 2016

What is the authorized share capital of JSW PAINTS PRIVATE LIMITED?

The authorized share capital of JSW PAINTS PRIVATE LIMITED is INR ₹ 270.0 Cr.

What is the paid-up capital of JSW PAINTS PRIVATE LIMITED?

The paid-up capital of JSW PAINTS PRIVATE LIMITED is INR ₹ 229.5 Cr.

What is the registered address of JSW PAINTS PRIVATE LIMITED?

The registered address of JSW PAINTS PRIVATE LIMITED is Jindal Mansion, 5A, Dr. G. Deshmukh Marg, NA Mumbai Mumbai City Maharashtra - 400026

What is the CIN number of JSW PAINTS PRIVATE LIMITED?

The CIN number of JSW PAINTS PRIVATE LIMITED is U24200MH2016PLC273511.

Smart Suggestions

Uttar Pradesh
Haryana
Jammu & Kashmir
Punjab
Goa
Madhya Pradesh
Kerala
Gujarat
Andhra Pradesh
Telangana
Blog Categories
Top Blog post
Financial Resources

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

JSW PAINTS PRIVATE LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Industry

Buy Report or Plans

Dashboards

Company dashboard

View subscriptions and buy credits

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Due diligence report

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

Tofler Score

Risk

About Tofler Score

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

People

Company Network