About Akar Corrugators Private Limited
Data last updated:
Akar Corrugators Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the furniture segment of the wood and timber products sector. It was incorporated on 23 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21020MH2010PTC211298. Its GSTIN is 27AAJCA0488J1ZE (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Fehmidabano Farash Ibrahim and Mohd Ibrahim Kasamali Farash.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at P. No. E/85 M.I.D.C. Waluj, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.41 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -83%) and EBITDA of -₹57.12 Lakh (EBITDA margin -40.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹5.4 Cr on record. Court records list 3 cases involving the company, including 2 filed against it; 1 case is 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 new.akarpackagingind.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressP. No. E/85 M.I.D.C. Waluj, Aurangabad, Maharashtra, India – 431001
- IndustryWood, Furniture, Paper & Paper Products, Wood & Wood Products
- 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 Akar Corrugators Private Limited
The main business activity of Akar Corrugators 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 Akar Corrugators Private Limited FY 2021 filings available
Akar Corrugators Private Limited reported revenue of ₹1.41 Cr (down 60% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Akar Corrugators Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 60% fall in the latest year. EBITDA rose 25% 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 Akar Corrugators Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.41 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹57.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.17 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 Akar Corrugators Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -83% | •••• | •••• | •••• | •••• |
| 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 Akar Corrugators 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.
Board of Directors of Akar Corrugators Private Limited
Akar Corrugators has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fehmidabano Farash Ibrahim | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Mohd Ibrahim Kasamali Farash | Additional Director | 08 Jul 2011 | 15 Years 3 Months | Current |
Peer Comparison of Akar Corrugators Private Limited
Akar Corrugators Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nishat Papers Private Limited | ₹1.44 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Chandigarh, India |
| Rajshree Commercial & Industrial Company Private Limited | ₹1.44 Cr (FY 2025) | •••• | •••• | 119.0% | •••• | Bangalore, Karnataka, India |
| Aswathi Packaging Private Limited | ₹1.44 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Asr Agritech Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Patna, Bihar, India |
| Koffer Packaging Private Limited | ₹1.41 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Namakkal, Tamil Nadu, India |
| Akar Corrugators Private Limited this company | ₹1.41 Cr (FY 2021) | •••• | •••• | -60.0% | •••• | Aurangabad, Maharashtra, India |
| Cel Packaging Private Limited | ₹1.41 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| A A Packaging Private Limited | ₹1.41 Cr (FY 2021) | •••• | •••• | -28.0% | •••• | Durgapur, West Bengal, India |
| BLS Packaging Solutions Private Limited | ₹1.41 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Greenart Box Private Limited | ₹1.4 Cr (FY 2019) | •••• | •••• | -21.0% | •••• | Hyderabad, Telangana, India |
| Graphco Print and Packaging Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Akar Corrugators by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 Akar Corrugators Private Limited
Akar Corrugators Private Limited is audited by MUKUND PAGE & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKUND PAGE & 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.
Ownership and Shareholding of Akar Corrugators 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 Akar Corrugators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2014 | State Bank of India | ₹4.8 Cr | Open |
| 22 Oct 2013 | State Bank of India | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Akar Corrugators Private Limited
Akar Corrugators Private Limited has 3 court cases on record: 2 filed against it, 1 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Pranshu Paper Pvt Ltd | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by State_Bank of India | Disposed |
| Bombay High Court | Arbitration matter | Company is another party | 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.
Employees and EPFO Compliance at Akar Corrugators Private Limited
Employment history and EPFO contributions of people linked to Akar Corrugators.
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 Akar Corrugators Private Limited
Akar Corrugators Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Adeshkumar Samadhan Wakode ceased to be Director on 20 Dec 2022.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akar Corrugators 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 Akar Corrugators 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 Akar Corrugators 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 Akar Corrugators Private Limited
Akar Corrugators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA0488J1ZE | Maharashtra | 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 Akar Corrugators 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 Akar Corrugators Private Limited
Akar Corrugators is an active private limited company based in Aurangabad, Maharashtra, India. The company works in furniture, within the wood industry. It was incorporated on 23 December 2010 (16+ years old) and is registered under CIN U21020MH2010PTC211298.
Akar Corrugators reported revenue of ₹1.41 Cr for FY 2021 (down 60% YoY).
Akar Corrugators has 2 current directors:
- Fehmidabano Farash Ibrahim - Director
- Mohd Ibrahim Kasamali Farash - Additional Director
Akar Corrugators reported a net loss of ₹1.17 Cr (net margin -83%) and EBITDA of -₹57.12 Lakh (EBITDA margin -40.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akar Corrugators is -36% over three years and -26% over five years. In the latest year (FY 2021) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akar Corrugators is 27AAJCA0488J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akar Corrugators is U21020MH2010PTC211298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akar Corrugators has 3 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Akar Corrugators was incorporated on 23 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Akar Corrugators by revenue are Nishat Papers Private Limited, Rajshree Commercial & Industrial Company Private Limited, Aswathi Packaging Private Limited, Asr Agritech Private Limited, Koffer Packaging Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Adeshkumar Samadhan Wakode ceased to be Director on 20 Dec 2022. Parmeshwar Suryabhanji Najarkar ceased to be Director on 20 Dec 2022. Fehmidabano Farash Ibrahim was appointed as Director on 16 Sep 2021. Akar Corrugators has 10 board changes on record in total.