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Durastick Labels Private Limited - packaging in Kancheepuram, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹45.86 Lakh
▲ 0.09% YoY
Net loss · FY 2023
₹21.05 Lakh
Net margin -45.9%
EBITDA · FY 2023
-₹17.16 Lakh
EBITDA margin -37.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Durastick Labels Private Limited
Data last updated:
Durastick Labels Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 03 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U22219TN2017PTC114363. Its GSTIN is 33AAGCD0450J1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ramaswamy Shrinivasan and Ravichandran Shrinivasan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sapphire10H Olympia Opaline Rajivgandhi Salai, Kancheepuram, Tamil Nadu, India – 603103.
As per the financials filed for FY 2023, the company reported a revenue of ₹45.86 Lakh. For the same year it recorded a net loss of ₹21.05 Lakh (net margin -45.9%) and EBITDA of -₹17.16 Lakh (EBITDA margin -37.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
Durastick Labels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0002155). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website durastick.in.
Company Details of Durastick Labels Private Limited
CIN U22219TN2017PTC114363
Registration Number 114363
Incorporation Date 03 February 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0002155
Key People
Ramaswamy Shrinivasan Director Ravichandran Shrinivasan Director Sathya Sheela Alagarsamy Director Recognitions & Rankings of Durastick Labels
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-08-0002155
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSapphire10H Olympia Opaline Rajivgandhi Salai, Kancheepuram, Tamil Nadu, India – 603103
- IndustryPackaging, Packaging Films & Foils
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Business Activity
The main business activity of Durastick Labels is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Durastick Labels Private Limited
FY 2023 filings availableDurastick Labels Private Limited reported revenue of ₹45.86 Lakh for FY 2023.
Revenue · FY 2023
₹45.86 Lakh
Net loss · FY 2023
₹21.05 Lakh margin -45.9%
EBITDA · FY 2023
-₹17.16 Lakh margin -37.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 13%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 651%
3 years · compounded
▼ 79%
5 years · compounded
▼ 45%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years. EBITDA fell 651% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹45.86 Lakh | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹17.16 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹21.05 Lakh | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -37.4% | |
| Net Profit Margin | -45.9% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2018-19 to FY 2021-22, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Durastick Labels are in the company report.
: available in the company report
Board of Directors of Durastick Labels Private Limited
Durastick Labels has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaswamy Shrinivasan | Director | 03 Feb 2017 | 9 Years 8 Months | Current |
| Ravichandran Shrinivasan | Director | 03 Feb 2017 | 9 Years 8 Months | Current |
| Sathya Sheela Alagarsamy | Director | 03 Feb 2017 | 9 Years 8 Months | Current |
Auditor Details
Durastick Labels Private Limited is audited by RAVICHANDER DD for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVICHANDER DD | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Durastick Labels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Durastick Labels.
: available in the company report
Recent Activity
Durastick Labels Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ramaswamy Shrinivasan was appointed as Director on 03 Feb 2017.
AGM
Durastick Labels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Durastick Labels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Appointed
Ramaswamy Shrinivasan was appointed as Director.
Appointed
Ravichandran Shrinivasan was appointed as Director.
Appointed
Sathya Sheela Alagarsamy was appointed as Director.
Incorporation
03 Feb 2017
Durastick Labels Private Limited was registered on 03 Feb 2017 with Roc Chennai & aged 9 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Durastick Labels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCD0450J1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Durastick Labels is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 03 February 2017 (9+ years old) and is registered under CIN U22219TN2017PTC114363.
Durastick Labels has 3 current directors:
- Ramaswamy Shrinivasan - Director
- Ravichandran Shrinivasan - Director
- Sathya Sheela Alagarsamy - Director
The latest financial statements of Durastick Labels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Durastick Labels is 33AAGCD0450J1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Durastick Labels is U22219TN2017PTC114363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durastick Labels was incorporated on 03 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Ramaswamy Shrinivasan was appointed as Director on 03 Feb 2017. Ravichandran Shrinivasan was appointed as Director on 03 Feb 2017. Sathya Sheela Alagarsamy was appointed as Director on 03 Feb 2017.
Yes, Durastick Labels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Durastick Labels is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0002155).
Durastick Labels can be reached through the website durastick.in. Its registered office is in Kancheepuram, Tamil Nadu, India.