About A K Panels Private Limited
Data last updated:
A K Panels Private Limited is a private limited company based in Muktsar, Punjab, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 10 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U20219PB2014PTC038739. Its GSTIN is 03AAMCA7671G1ZL (Punjab).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors including Ashok Kumar and Amit Kumar.
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 Dabra Market Jalalabad Road, Muktsar, Punjab, India – 152026.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.18 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 4.6%) and EBITDA of ₹3.1 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 886% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ak Panels. As per MCA filings, the company has open charges of ₹22.96 Cr and satisfied charges of ₹8.99 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akpnls.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDabra Market Jalalabad Road, Muktsar, Punjab, India – 152026
- IndustryManufacturing, Wood Products & MDF
- 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
- One PDF report, delivered after checkout
Business Activity of A K Panels Private Limited
The main business activity of A K Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of A K Panels Private Limited FY 2025 filings available
A K Panels Private Limited reported revenue of ₹40.18 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of A K Panels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 886% over five years, including 40% growth in the latest year. EBITDA rose 59% 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 of A K Panels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.83 Cr | •••• | •••• | •••• | •••• |
| 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 of A K Panels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 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 A K Panels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of A K Panels Private Limited
A K Panels Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redd Mica Private Limited | ₹40.71 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Ahmedabad, Gujarat, India |
| Sharda Panels Private Limited | ₹40.57 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | Varsana, Gujarat, India |
| Piyush Plyboards Pvt Ltd | ₹40.47 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Kantalia, West Bengal, India |
| Ghata Mehndipur Balaji Agriextractions Private Limited | ₹40.45 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Rohtak, Haryana, India |
| Kanara Wood and Plywood Industries Limited | ₹40.29 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mangalore, Karnataka, India |
| A K Panels Private Limited this company | ₹40.18 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Muktsar, Punjab, India |
| Bhagwati Lumbers Private Limited | ₹40.01 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Karnal, Haryana, India |
| Indus Tropics Limited | ₹39.94 Cr (FY 2018) | •••• | •••• | -41.0% | •••• | Vishakhapatanam, Andhra Pradesh, India |
| Tirupati Timber Industries Private Limited | ₹39.73 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Shree Samarth Logistics & Warehousing Private Limited | ₹39.28 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Navi Mumbai, Maharashtra, India |
| R P Timbers Private Limited | ₹38.98 Cr (FY 2024) | •••• | •••• | 193.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below A K Panels by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of A K Panels Private Limited
A K Panels Private Limited is audited by Rakesh Bansal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rakesh Bansal & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of A K Panels Private Limited
A K Panels has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Also directs: Ak Realtors LLP, Hesa Nova LLP | Additional Director | 20 Oct 2022 | 3 Years 11 Months | Current |
| Kapil Verma | Additional Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Ashok Kumar Also directs: Ak Realtors LLP, Hesa Nova LLP | Director | 10 Jul 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of A K Panels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of A K Panels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2025 | Sidbi | ₹1 Cr | Open |
| 12 Jun 2025 | Others | ₹1.65 Lakh | Open |
| 07 Jun 2024 | Sidbi | ₹1.5 Cr | Open |
| 22 Mar 2024 | Sidbi | ₹50 Lakh | Open |
| 09 Jun 2023 | Sidbi | ₹1.47 Cr | Open |
Total charge records: 10 View all charges
Legal Cases of A K Panels Private Limited
A K Panels Private Limited has 7 court cases on record: 6 filed by A K Panels, 1 filed against it. 3 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sri Muktsar Sahib, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Sri Muktsar Sahib, Punjab | Court case (CRR) | Filed by the company against Riya Trading Company | Pending |
| District court, Sri Muktsar Sahib, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Sri Muktsar Sahib, Punjab | Criminal miscellaneous application | Filed by the company against Riya Trading Company | Disposed |
| District court, Chandauli, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with A K Panels Private Limited
A K Panels operates one associated brand: Ak Panels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality plywood products for industrial and construction applications. | akpnls.com |
Employees and EPFO Compliance at A K Panels Private Limited
A K Panels Private Limited has a workforce of 39 employees as of Mar 22, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on A K Panels Private Limited
A K Panels Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Varun Kumar ceased to be Director on 10 Dec 2024.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for A K Panels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by A K Panels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of A K Panels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of A K Panels Private Limited
A K Panels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAMCA7671G1ZL | Punjab | Active | 28 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of A K Panels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about A K Panels Private Limited
A K Panels is an active private limited company based in Muktsar, Punjab, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 10 July 2014 (12+ years old) and is registered under CIN U20219PB2014PTC038739.
A K Panels reported revenue of ₹40.18 Cr for FY 2024 (up 40% YoY).
A K Panels has 3 current directors:
- Amit Kumar - Additional Director
- Kapil Verma - Additional Director
- Ashok Kumar - Director
A K Panels reported a net profit of ₹1.83 Cr (net margin 4.6%) and EBITDA of ₹3.1 Cr (EBITDA margin 7.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of A K Panels is 38% over three years and 886% over five years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of A K Panels is 03AAMCA7671G1ZL, registered in Punjab.
The CIN (Corporate Identification Number) of A K Panels is U20219PB2014PTC038739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A K Panels has 7 court cases on record: 6 filed by the company and 1 filed against it. 3 are pending.
A K Panels was incorporated on 10 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of A K Panels by revenue are Redd Mica Private Limited, Sharda Panels Private Limited, Piyush Plyboards Pvt Ltd, Ghata Mehndipur Balaji Agriextractions Private Limited, Kanara Wood and Plywood Industries Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Varun Kumar ceased to be Director on 10 Dec 2024. Amit Kumar was appointed as Additional Director on 20 Oct 2022. Kapil Verma was appointed as Additional Director on 01 Oct 2021. A K Panels has 7 board changes on record in total.