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MYSORE PAINTS AND VARNISH LIMITED
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Updated: 04 Aug 2025
Mysore Paints And Varnish Limited, is an unlisted public company incorporated on 04 November, 1947. It is classified as a State government company and is located in Mysore, Karnataka. It's authorized share capital is INR 1.50 cr and the total paid-up capital is INR 1.04 cr.
Mysore Paints And Varnish Limited's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2022. It's EBITDA has increased by 25.63% over the previous year. At the same time, it's book networth has increased by 6.78%.
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Industry and products
Trading
- enamels, Paints, and other allied products., lacquers, varnishes
Company size
₹ 1.5 Cr
₹ 1.0 Cr
₹ 25-50 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2022 numbers.
Total Revenue
-20.5%
-20.5%
EBITDA
25.63%
25.63%
Net Profit
-0.56%
-0.56%
Networth
6.78%
6.78%
Borrowings
-100.0%
-100.0%
Assets
7.54%
7.54%
Gross Margin
8.57
8.57
Operating Margin
5.09
5.09
Net Profit Margin
2.79
2.79
Return on Equity
-0.5
-0.5
ROCE
0.94
0.94
Debt to Equity
-0.11
-0.11
Sales
Mar 2022
Net worth
Mar 2022
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Locations
India
(5)
| State | Type | Address |
|---|
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Mallanagouda Basanagouda Patil | 02558869 | 2 years |
| Nominee Director | Hatrabailu Anantha Krishna Shobha | 06976639 | 5 years |
| Director | Khazi Mohammed Irfan | 09190802 | 2 years |
| Director | Nanjegowda Shivakumar | 10524584 | 2 years |
Financial Highlights
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Gross margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Operating margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Net margin | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Networth | |||||
| Borrowings | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Debt to equity | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Current ratio | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| ROE | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Days payable | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| WC days | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|
| Equity Capital | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Reserves | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
| Borrowings + | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Total assets | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Total assets
Charges on assets
Bank wise
Charges
1
Bank of Baroda
No. of Loans: 1
Total Amount : 21.1 cr
2
State Bank of India
No. of Loans: 1
Total Amount : 4.5 cr
Charges
Bank of Baroda
State Bank of India
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| KARNATAKA STATE INDUSTRIAL AND INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED |
Active
|
694.7 Cr | 1 | Karnataka |
| KARNATAKA STATE MARKETING COMMUNICATION & ADVERTISING LIMITED |
Active
|
3.6 Cr | 1 | Karnataka |
| INVEST KARNATAKA FORUM |
Active
|
0.0 | 1 | Karnataka |
| THE MYSORE ELECTRICAL INDUSTRIES LIMITED |
Active
|
10.0 Cr | 1 | Karnataka |
| KARNATAKA STATE COIR DEVELOPMENT CORPORATION LIMITED |
Active
|
3.0 Cr | 1 | Karnataka |
| KARNATAKA ARYA VYSYA COMMUNITY DEVELOPMENT CORPORATION LIMITED |
Active
|
1.0 L | 1 | Karnataka |
| KARNATAKA VIDYUTH KARKHANE LIMITED |
Active
|
49.3 Cr | 1 | Karnataka |
| FOOD KARNATAKA LIMITED |
Active
|
10.0 L | 1 | Karnataka |
| KARNATAKA SOAPS AND DETERGENTS LIMITED |
Active
|
31.8 Cr | 1 | Karnataka |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
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Registered Details
CIN
U51434KA1947SGC000503PAN
AAACT7295HIncorporation
1947, 77.8 yearsCompany Email
admin-mpvl@karnataka.gov.inPaid up Capital
₹ 1.0 CrAuthorised Capital
₹ 1.5 CrAGM
Dec 2023Type
Public
State Government Company
FAQ - MYSORE PAINTS AND VARNISH LIMITED
What is the incorporation date of MYSORE PAINTS AND VARNISH LIMITED?
The incorporation date of MYSORE PAINTS AND VARNISH LIMITED is 04 November, 1947
What is the authorized share capital of MYSORE PAINTS AND VARNISH LIMITED?
The authorized share capital of MYSORE PAINTS AND VARNISH LIMITED is INR ₹ 1.5 Cr.
What is the paid-up capital of MYSORE PAINTS AND VARNISH LIMITED?
The paid-up capital of MYSORE PAINTS AND VARNISH LIMITED is INR ₹ 1.0 Cr.
What is the registered address of MYSORE PAINTS AND VARNISH LIMITED?
The registered address of MYSORE PAINTS AND VARNISH LIMITED is THILAKNAGAR MYSORE MYSORE MYSORE Karnataka - 570015
What is the CIN number of MYSORE PAINTS AND VARNISH LIMITED?
The CIN number of MYSORE PAINTS AND VARNISH LIMITED is U51434KA1947SGC000503.
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