Nitco Paints Pvt Ltd - Due diligence report

A 360° intelligence report on Nitcopaints: trust score, financial health, credit view, compliance, directors, growth and distress signals - …

1981-06-19 Mumbai, Maharashtra Active Unlisted Active Compliant
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NP Nitco Paints Pvt Ltd
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Nitcopaints — 360° Intelligence Report

Generated from MCA filings & public records
79/100
Trust Score
Low Risk

Nitcopaints is assessed as Low Risk with a Trust Score of 79/100. Nitcopaints is an active private limited indian non-government company incorporated in 1981, operating in the Chemicals and Materials sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 07 Jul 2026 from the latest processed filings. Nitco Paints Pvt Ltd snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
79/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 35/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Working-capital cover adequate.

Charges position: 2 open (550.00 cr) · 7 satisfied (80.66 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others3 48.0 cr
Sbi Commercial And International Bank Ltd3 48.0 cr
Sbi Commercial And International Bank Ltd.1 48.0 cr
Sbi Commercial & International Bank Ltd.1 48.0 cr
Punjab National Bank1 48.0 cr
Compliance Score: 86/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SANJNAA TALWAR 01234567 Director 01/04/2018 6 yrs Approved
POONAM TALWAR 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
3
Group entities
3
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Aqua-marine Properties Private Limited Subsidiary Company 74.00%
Digital Symphony Private Limited Subsidiary Company 74.00%
Ib Hospitality Private Limited Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 65
Growth signals & trust indicators
Latest year revenue grew 1.42.
Operating for 45+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 2.1x in a year.
2 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence78/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment55/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 550.00 cr already registered.
  • Compliance record supports lending.
Investor view61/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
08 Sep 2025
Charge satisfied
Others
31 Mar 2025
Latest balance sheet
Filed with ROC
06 Sep 2024
Charge created
Others - 50.00 cr
22 May 2024
Charge created
Others - 500.00 cr
23 Sep 2017
Charge created
Others - 50.00 cr
30 Aug 2017
Director ceased
VIVEK TALWAR PRANNATH
25 Aug 2017
Director appointed
SANJNAA TALWAR (Director)
02 May 2012
Director ceased
PRAN NATH AMAR NATH TALWAR
10 Oct 2011
Director ceased
SANJIV BASHESHARNATH BATRA
05 Apr 2007
Charge satisfied
Sbi Commercial And International Bank Ltd.
Charge satisfied
Sbi Commercial And International Bank Ltd
Charge satisfied
Sbi Commercial & International Bank Ltd.
01 Mar 2007
Charge satisfied
Punjab National Bank
24 Mar 2003
Charge created
Sbi Commercial And International Bank Ltd. - 20.00 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 3 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
5 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ayurveda Rhyner India Private Limited U24246KL2020FTC064336 Rackad, Kerala, India
Amarex Biosciences India Private Limited U73100DL2009PTC190969 New Delhi, Delhi, India
Veras Pharmaceuticals Private Limited U24239AP1991PTC012522 Vizianagaram, Andhra Pradesh, India
Prince Laboratories Private Limited U24239TG2004PTC042881 Hyderabad, Telangana, India
Proethic Pharmaceuticals Private Limited U24232DL2009PTC195127 Delhi, Delhi, India
Swaraj Coatings Private Limited U24222KL1999PTC013233 Calicut, Kerala, India
A-One Dyes And Chemicals Pvt Ltd U24113MH1984PTC032690 Mumbai, Maharashtra, India
Lavinia Life Sciences Private Limited U74999MH2018PTC317722 Navi Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Nitcopaints before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Nitcopaints: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Nitcopaints - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 79/100, distress signals and MSME payment-delay disclosures - know whether Nitcopaints pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Nitcopaints - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Nitcopaints an active company?

Nitcopaints has MCA status “Active” with a compliance score of 86/100 (Low Risk).

Is Nitcopaints financially healthy?

Nitcopaints has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Nitcopaints?

Its overall Trust Score is 79/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Nitcopaints?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Nitcopaints have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 7 earlier charge(s) stand satisfied.

Is Nitcopaints up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).

Is it risky to lend to Nitcopaints?

Its Credit Risk Score is 35/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.