Adage Papers Private Limited
About Adage Papers Private Limited
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Adage Papers Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 23 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21099PB2021PTC052847.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harsh Jain and Sangita Jain.
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 36 – B Near Pnb Chowk Model Town, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.04 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Lakh (net margin 0.1%) and EBITDA of ₹14.82 Lakh (EBITDA margin 0.3%).
As per MCA filings, the company has open charges of ₹2.13 Cr on record.
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- Registered Address36 – B Near Pnb Chowk Model Town, Patiala, Punjab, India – 147001
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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 Adage Papers Private Limited
The main business activity of Adage Papers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Adage Papers Private Limited FY 2025 filings available
Adage Papers Private Limited reported revenue of ₹43.04 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Adage Papers Private Limited
Revenue fell 30% in the latest year. EBITDA rose 158% 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 Adage Papers Private Limited
| Metrics | 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 | ₹14.82 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.02 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 of Adage Papers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• |
| 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 Adage Papers are in the company report.
Financial statements from FY 2021
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 Adage Papers Private Limited
Adage Papers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chemcoat India Enterprise Private Limited | ₹43.24 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Bindra Automotive Systems Private Limited | ₹43.21 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Camex Speciality Private Limited | ₹43.18 Cr (FY 2025) | •••• | •••• | 246.0% | •••• | Ahmedabad, Gujarat, India |
| Shradha Palak Communication Private Limited | ₹43.09 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hazaribag, Jharkhand, India |
| Sameer Sales Private Limited | ₹43.06 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Adage Papers Private Limited this company | ₹43.04 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Patiala, Punjab, India |
| Swastik Oil Chem Private Limited | ₹42.97 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Colonelganj, Uttar Pradesh, India |
| Ronak Alkalies and Chemicals Private Limited | ₹42.9 Cr (FY 2023) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Spark Yugchem Private Limited | ₹42.88 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Nagpur, Maharashtra, India |
| Cogent Life Science Private Limited | ₹42.86 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Sudarshan Toyo Colour Private Limited | ₹42.85 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Adage Papers by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Adage Papers Private Limited
Adage Papers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Jain Also directs: Adage Metals Private Limited | Director | 23 Feb 2021 | 5 Years 7 Months | Current |
| Arshya Goyal | Additional Director | 21 Aug 2023 | 3 Years 1 Months | Current |
| Sangita Jain Also directs: Adage Metals Private Limited | Director | 23 Feb 2021 | 5 Years 7 Months | Current |
Charges & Borrowings of Adage Papers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2026 | Hdfc Bank Limited | ₹2 Cr | Open |
| 21 Apr 2023 | Hdfc Bank Limited | ₹12.5 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Adage Papers Private Limited
Employment history and EPFO contributions of people linked to Adage Papers.
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 Adage Papers Private Limited
Adage Papers Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Arshya Goyal was appointed as Additional Director on 21 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Adage Papers 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 Adage Papers 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 Adage Papers 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 Adage Papers Private Limited
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 Adage Papers 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 Adage Papers Private Limited
Adage Papers is an active private limited company based in Patiala, Punjab, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 23 February 2021 (5+ years old) and is registered under CIN U21099PB2021PTC052847.
Adage Papers reported revenue of ₹43.04 Cr for FY 2024 (down 30% YoY).
Adage Papers has 3 current directors:
- Harsh Jain - Director
- Arshya Goyal - Additional Director
- Sangita Jain - Director
Adage Papers reported a net profit of ₹3.02 Lakh (net margin 0.1%) and EBITDA of ₹14.82 Lakh (EBITDA margin 0.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Adage Papers is U21099PB2021PTC052847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adage Papers was incorporated on 23 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Adage Papers by revenue are Chemcoat India Enterprise Private Limited, Bindra Automotive Systems Private Limited, Camex Speciality Private Limited, Shradha Palak Communication Private Limited, Sameer Sales Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Arshya Goyal was appointed as Additional Director on 21 Aug 2023. Harsh Jain was appointed as Director on 23 Feb 2021. Sangita Jain was appointed as Director on 23 Feb 2021.
The registered office of Adage Papers is at 36 – B Near Pnb Chowk Model Town, Patiala, Punjab, India – 147001.
Adage Papers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Adage Papers operates in the chemicals and materials industry, in the chemical distribution and retail segment.