About Advance Laminates Private Limited
Data last updated:
Advance Laminates Private Limited is a private limited company based in Shapar, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 14 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20210GJ2005PTC045667. Its GSTIN is 24AAFCA1623F1ZA (Gujarat).
The company has an authorised share capital of ₹2.7 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors including Hinesh Dhirajlal Patel and Harshad Dhirajlal Patel.
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 Survey No. 282 Shapar Village Road Shapar (Veraval), Gujarat, India – 360024.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.35 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹3.06 Cr (net margin -24.8%) and EBITDA of ₹2.23 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Advance Laminates. As per MCA filings, the company has open charges of ₹25.82 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancelaminates.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 282 Shapar Village Road Shapar (Veraval), Gujarat, India – 360024
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
Financials of Advance Laminates Private Limited FY 2025 filings available
Advance Laminates Private Limited reported revenue of ₹12.35 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Advance Laminates Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 21% fall in the latest year. EBITDA fell 98% 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 Advance Laminates 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 | ₹12.35 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.06 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 Advance Laminates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.8% | •••• | •••• | •••• | •••• |
| 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 Advance Laminates 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.
Auditor Details of Advance Laminates Private Limited
Advance Laminates Private Limited is audited by H. JAMNADAS & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. JAMNADAS & 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 Advance Laminates Private Limited
Advance Laminates has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hinesh Dhirajlal Patel Also directs: Malabar Enterprise LLP, Fibertech Composite Private Limited, VCG Developers LLP and 3 more | Director | 14 Mar 2005 | 21 Years 6 Months | Current |
| Harshad Dhirajlal Patel | Director | 14 Mar 2005 | 21 Years 6 Months | Current |
| Anil Pranjivan Bhorania Also directs: Malabar Enterprise LLP, Fibertech Composite Private Limited | Director | 14 Mar 2005 | 21 Years 6 Months | Current |
Ownership and Shareholding of Advance Laminates 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 Advance Laminates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 May 2022 | Bank of India | ₹1.5 Cr | Open |
| 30 Sep 2013 | Bank of India | ₹2 Cr | Open |
| 08 Aug 2005 | Bank of India | ₹11.16 Cr | Open |
| 08 Aug 2005 | Bank of India | ₹11.16 Cr | Open |
| 20 Sep 2021 | Bank of India | ₹1.5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Advance Laminates Private Limited
Advance Laminates Private Limited has 3 court cases on record: 2 filed by Advance Laminates, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Divya Sai Lam Private Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 3 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 Advance Laminates Private Limited
Advance Laminates operates one associated brand: Advance Laminates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of decorative and industrial laminates in India. | advancelaminates.com |
Employees and EPFO Compliance at Advance Laminates Private Limited
Advance Laminates Private Limited has a workforce of 11 employees as of Jan 10, 2026.
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 Advance Laminates Private Limited
Advance Laminates Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Arvindkumar Parshotambhai Pan ceased to be Director on 08 Oct 2007.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Advance Laminates 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 Advance Laminates 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 Advance Laminates 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 Advance Laminates Private Limited
Advance Laminates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA1623F1ZA | Gujarat | Active | 01 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 Advance Laminates 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 Advance Laminates Private Limited
Advance Laminates is an active private limited company based in Shapar, Gujarat, India. The company works in paper, within the packaging industry. It was incorporated on 14 March 2005 (21+ years old) and is registered under CIN U20210GJ2005PTC045667.
Advance Laminates reported revenue of ₹12.35 Cr for FY 2024 (down 21% YoY).
Advance Laminates has 3 current directors:
- Hinesh Dhirajlal Patel - Director
- Harshad Dhirajlal Patel - Director
- Anil Pranjivan Bhorania - Director
Advance Laminates reported a net loss of ₹3.06 Cr (net margin -24.8%) and EBITDA of ₹2.23 Lakh (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advance Laminates is -11% over three years and -8% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Advance Laminates is 24AAFCA1623F1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Advance Laminates is U20210GJ2005PTC045667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Laminates has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Advance Laminates was incorporated on 14 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arvindkumar Parshotambhai Pan ceased to be Director on 08 Oct 2007. Ketankumar Laxmidas Vadalia ceased to be Director on 08 Oct 2007. Anil Pranjivan Bhorania was appointed as Director on 14 Mar 2005. Advance Laminates has 5 board changes on record in total.