Punjab Veneers Limited
About Punjab Veneers Limited
Data last updated:
Punjab Veneers Limited is a public limited company based in Haryana, India. It operates in the wood and of products of wood and cork segment of the wood and timber products sector. It was incorporated on 26 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U20299HR2003PLC035273.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Naresh Garg and Satish Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khajuri Roadyamuna Nagar, Haryana, India – 135001.
As per the financials filed for FY 2024, the company reported a revenue of ₹83,030, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹45,116 (net margin 54.3%) and EBITDA of ₹60,693 (EBITDA margin 73.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Punjab Veneers Limited's registered office is in Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKhajuri Roadyamuna Nagar, Haryana, India – 135001
- IndustryWood, Wood And Of Products Of Wood And Cork, Manufacturing, Straw And Plaiting Materials, Cork, Products Of Wood
To see the full contact details of Punjab Veneers Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Punjab Veneers Limited
FY 2025 filings availablePunjab Veneers Limited reported revenue of ₹83,030 (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹60,693 | ||||
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| Net Profit (PAT) | ₹45,116 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.1% | ||||
| Net Profit Margin | 54.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Punjab Veneers Limited, buy the company report.
Board of directors of Punjab Veneers Limited
Punjab Veneers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Garg | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
| Satish Garg | Director | 18 Jan 2018 | 8 Years 9 Months | Current |
| Shashi Garg Also directs: Yamuna Interiors Private Limited, Chandra Motels Private Limited. | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
| Meena Garg Also directs: Chandra Motels Private Limited. | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Punjab Veneers Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wonderwood Pvt. Ltd. | ₹90,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Treewalk Industries Private Limited | ₹85,000 (FY 2025) | 13.0% | Bareilly, Uttar Pradesh, India | |||
| Veenaa Timber & Trading Private Limited | ₹85,000 (FY 2024) | -77.0% | Chennai, Tamil Nadu, India | |||
| Hillwood Furniture Private Limited | ₹83,481 (FY 2024) | -98.0% | Kozhikode, Kerala, India | |||
| Crilam Decorative Private Limited | ₹83,372 (FY 2025) | Fazalganj, Uttar Pradesh, India | ||||
| Punjab Veneers Limitedthis company | ₹83,030 (FY 2024) | ₹45,116 | 54.3% | 3.0% | Haryana, India | |
| Wintek Boards Private Limited | ₹82,790 (FY 2025) | Gurdaspur, Punjab, India | ||||
| Indo Dane Boards Private Limited | ₹81,750 (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Dalan Impex India Private Limited | ₹76,187 (FY 2021) | Faridabad, Haryana, India | ||||
| Kaivalya Exim Private Limited | ₹75,000 (FY 2025) | Agra, Uttar Pradesh, India | ||||
| Panel Boards & Laminates Limited | ₹73,000 (FY 2025) | -22.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Punjab Veneers Limited, buy the company report.
Auditor
Punjab Veneers Limited is audited by ARUN GUPTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN GUPTA | FY 2017 | 083856 |
Shareholding
The shareholding of Punjab Veneers Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Punjab Veneers Limited, buy the company report.
Legal cases
No court or tribunal cases involving Punjab Veneers Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Punjab Veneers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Punjab Veneers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Punjab Veneers Limited has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Kewal Garg ceased to be Director on 18 Jan 2018.
Frequently asked questions
Punjab Veneers is an active public limited company based in Haryana, India. The company works in wood and of products of wood and cork, within the wood industry. It was incorporated on 26 December 2003 (23+ years old) and is registered under CIN U20299HR2003PLC035273.
Punjab Veneers has 4 current directors:
- Naresh Garg - Director
- Satish Garg - Director
- Shashi Garg - Director
- Meena Garg - Director
The latest financial statements of Punjab Veneers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Punjab Veneers is U20299HR2003PLC035273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Veneers was incorporated on 26 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Punjab Veneers by revenue are Wonderwood Pvt. Ltd, Treewalk Industries Private Limited, Veenaa Timber & Trading Private Limited, Hillwood Furniture Private Limited, Crilam Decorative Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Kewal Garg ceased to be Director on 18 Jan 2018. Neena Garg ceased to be Director on 18 Jan 2018. Parveen Kumar ceased to be Director on 18 Jan 2018. Punjab Veneers has 7 board changes on record in total.
The registered office of Punjab Veneers is at Khajuri Roadyamuna Nagar, Haryana, India – 135001.
Punjab Veneers operates in the wood industry, in the wood and of products of wood and cork segment.
The compliance status of Punjab Veneers is active non-compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.
Punjab Veneers can be reached at its registered office: Khajuri Roadyamuna Nagar, Haryana, India – 135001.
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