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Associated Coaters Ltd (ASSOCIATED) Share Price & Fundamentals

Company Overview

Founded Year

2017

Listed Year

2023

Headquarter

Kolkata, India

MD/CEO

Jagjit Singh Dhillon

Website

http://www.associatedcoaters.in

Company Facts

What we do

Associated Coaters Ltd provides specialized pre-treatment and powder coating services for aluminum extrusions in architecture and real estate sectors, enhancing surface durability and aesthetics.

Founded in

2,017

Market share

A growing player in India’s architectural coatings market with expanding industrial coating operations.

Problem solved

Improves durability, corrosion resistance, and aesthetic finish of aluminum extrusions used in building and industrial applications.

Top clients or who we serve

Architectural firms, real estate developers, industrial manufacturers; operates primarily B2B.

Key management

Jagjit Singh Dhillon (Managing Director), Harbhajan Singh Thethi (Whole Time Director).

Our journey and innovations

Incorporated in 2017; expanded from coating services to in-house powder manufacturing in 2024-25 to enhance quality and customization.

Where we operate

Primarily India with focus on Kolkata region; exploring wider industrial application markets.

Top products or what we offer

Pre-treatment and PVDF, powder coatings for facades, windows, doors, and industrial components.

Top brands

-

Raw materials needed

Powder coating materials, chemical solutions for surface pre-treatment.

Raw materials supplier

-

Recurring vs cyclical contribution

Revenue largely recurring from coating services with growing contribution from powder manufacturing segment.

Our industry position

Emerging specialty coatings provider in India's construction and industrial sectors with robust financial growth.

Financial highlights

FY2025 revenue: INR 5.96 crore; PAT: INR 1.06 crore; EBITDA: INR 1.70 crore; steady profit growth year over year.

Geographical revenue split

-

Order book

-

Whats driving growth

Expansion into powder manufacturing, increasing demand for quality architectural coatings, and industrial sector diversification.

Our future plans

Expanding architectural coatings footprint, innovation in high-performance finishes, and exploring industrial coating applications.

Our green promise

-

Our people and values

Small dedicated team of 15 male employees; culture focused on quality, ethical practices, and employee well-being.

Key challenges ahead

Scaling production capabilities, market competition, raw material price volatility.

Interesting facts

Converted from private to public limited company in 2023; implemented in-house powder manufacturing recently.

Risks and strategy

Mitigates operational risks through internal controls and compliance; strategy focuses on technology adoption and market diversification.

Market Footprint

Top Clients

Top Clients

Architectural firms, real estate developers, industrial manufacturers; operates primarily B2B.

Top Products

Top Products

Pre-treatment and PVDF, powder coatings for facades, windows, doors, and industrial components.

Price Movement & Share Holding

Today's High/Low

84.0884.08

52 Week High/Low

72120.5
Past Returns

1 week

4.44%

1 month

-13.06%

3 month

4.89%

1 year

0.26%

3 year

-28.47%

5 year

-28.47%

Share Holding

Promoters

68.79%

FII

0%

DII

0%

Retail

29.66%

Others

1.55%

Company Overview

Founded Year

2017

Listed Year

2023

Headquarter

Kolkata, India

MD/CEO

Jagjit Singh Dhillon (Managing Director)

Website

http://www.associatedcoaters.in

Price Movement & Share Holding

Today's High/Low

84.0884.08

52 Week High/Low

72120.5

Past Returns

1 week

4.44%

1 month

-13.06%

3 month

4.89%

1 year

0.26%

3 year

-28.47%

5 year

-28.47%

Share Holding

Promoters

68.79%

FII

0%

DII

0%

Retail

29.66%

Others

1.55%

Company Facts

What we do

Associated Coaters Ltd provides specialized pre-treatment and powder coating services for aluminum extrusions in architecture and real estate sectors, enhancing surface durability and aesthetics.

Founded in

2017

Market share

A growing player in India’s architectural coatings market with expanding industrial coating operations.

Problem solved

Improves durability, corrosion resistance, and aesthetic finish of aluminum extrusions used in building and industrial applications.

Top clients or who we serve

Architectural firms, real estate developers, industrial manufacturers; operates primarily B2B.

Key management

Jagjit Singh Dhillon (Managing Director), Harbhajan Singh Thethi (Whole Time Director).

Our journey and innovations

Incorporated in 2017; expanded from coating services to in-house powder manufacturing in 2024-25 to enhance quality and customization.

Where we operate

Primarily India with focus on Kolkata region; exploring wider industrial application markets.

Top products or what we offer

Pre-treatment and PVDF, powder coatings for facades, windows, doors, and industrial components.

Raw materials needed

Powder coating materials, chemical solutions for surface pre-treatment.

Recurring vs cyclical contribution

Revenue largely recurring from coating services with growing contribution from powder manufacturing segment.

Our industry position

Emerging specialty coatings provider in India's construction and industrial sectors with robust financial growth.

Financial highlights

FY2025 revenue: INR 5.96 crore; PAT: INR 1.06 crore; EBITDA: INR 1.70 crore; steady profit growth year over year.

Whats driving growth

Expansion into powder manufacturing, increasing demand for quality architectural coatings, and industrial sector diversification.

Our future plans

Expanding architectural coatings footprint, innovation in high-performance finishes, and exploring industrial coating applications.

Our people and values

Small dedicated team of 15 male employees; culture focused on quality, ethical practices, and employee well-being.

Key challenges ahead

Scaling production capabilities, market competition, raw material price volatility.

Interesting facts

Converted from private to public limited company in 2023; implemented in-house powder manufacturing recently.

Risks and strategy

Mitigates operational risks through internal controls and compliance; strategy focuses on technology adoption and market diversification.

Market Footprint

Top Clients

Top Clients

Architectural firms, real estate developers, industrial manufacturers; operates primarily B2B.

Top Products

Top Products

Pre-treatment and PVDF, powder coatings for facades, windows, doors, and industrial components.

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