Vikas Foils Private Limited
About Vikas Foils Private Limited
Data last updated:
Vikas Foils Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 12 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ2012PTC069353. Its GSTIN is 24AADCV9721B1ZK (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Arvind Singh Vijay Singh Lunia and Ruhan Ravindra Lunia.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.59 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Lakh (net margin 0.3%) and EBITDA of ₹13.04 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vikas Foils Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA – 324 Udhna Sangh Commercial Complex Central Road No. 10 Udhna Udhyog Nagar, Udhna, Surat, Gujarat, India – 394210
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Vikas Foils Private 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
Business activity
The main business activity of Vikas Foils is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vikas Foils Private Limited, buy the company report.
Financials of Vikas Foils Private Limited
FY 2025 filings availableVikas Foils Private Limited reported revenue of ₹10.59 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 40% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vikas Foils Private Limited, buy the company report.
Board of directors of Vikas Foils Private Limited
Vikas Foils has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Singh Vijay Singh Lunia | Director | 12 Mar 2012 | 14 Years 7 Months | Current |
| Ruhan Ravindra Lunia | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Ravindra Vijay Singh Lunia | Director | 12 Mar 2012 | 14 Years 7 Months | Current |
| Punam Arvind Lunia | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Parmila Vijaysingh Lunia | Director | 12 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Vikas Foils Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PGL Tube Private Limited | ₹10.62 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Vikas Foils Private Limitedthis company | ₹10.59 Cr (FY 2025) | ₹3.12 Lakh | 0.3% | -51.0% | Surat, Gujarat, India | |
| Aviraj Traming Private Limited | ₹10.53 Cr (FY 2025) | 16.0% | Ghaziabad, Uttar Pradesh, India | |||
| Ganpati Packaging Pvt Ltd | ₹10.46 Cr (FY 2024) | -15.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vikas Foils Private Limited, buy the company report.
Auditor
Vikas Foils Private Limited is audited by RAVI KABRA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI KABRA & ASSOCIATES | FY 2021 | 123601W |
Shareholding
The shareholding of Vikas Foils Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vikas Foils Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vikas Foils Private 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 Vikas Foils Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikas Foils has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV9721B1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas Foils Private Limited, buy the company report.
Recent activity
Vikas Foils Private Limited has 5 board changes on record since 2012: 5 appointments. The latest: Punam Arvind Lunia was appointed as Director on 12 Dec 2018.
Frequently asked questions
Vikas Foils is an active private limited company based in Surat, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 12 March 2012 (14+ years old) and is registered under CIN U51109GJ2012PTC069353.
Vikas Foils has 5 current directors:
- Arvind Singh Vijay Singh Lunia - Director
- Ruhan Ravindra Lunia - Director
- Ravindra Vijay Singh Lunia - Director
- Punam Arvind Lunia - Director
- Parmila Vijaysingh Lunia - Director
The latest financial statements of Vikas Foils 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 GSTIN of Vikas Foils is 24AADCV9721B1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Vikas Foils is U51109GJ2012PTC069353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Foils was incorporated on 12 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vikas Foils by revenue are PGL Tube Private Limited, Aviraj Traming Private Limited, Ganpati Packaging Pvt Ltd, all in the Packaging industry (Industrial Packaging), with the same principal business activity (wholesale trading).
Punam Arvind Lunia was appointed as Director on 12 Dec 2018. Ruhan Ravindra Lunia was appointed as Director on 12 Dec 2018. Arvind Singh Vijay Singh Lunia was appointed as Director on 12 Mar 2012. Vikas Foils has 5 board changes on record in total.
The registered office of Vikas Foils is at A – 324 Udhna Sangh Commercial Complex Central Road No. 10 Udhna Udhyog Nagar, Udhna, Surat, Gujarat, India – 394210.
Vikas Foils operates in the packaging industry, in the industrial packaging solutions segment.
The compliance status of Vikas Foils is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
