About Avnflex Packing Private Limited
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Avnflex Packing Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 05 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25209TG2019PTC131937. Its GSTIN is 36AASCA1531B1Z1 (Telangana).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Kamal Kishore Atasniya and Purshottam Das Atasniya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹68.82 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹57.86 Lakh (net margin 0.8%) and EBITDA of ₹3.46 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.6 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avonflex.com.
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- Registered Address7 – 4 – 101/2 Gold Drop Oil Co. Lane, Airport Road Gangapahad, Hyderabad, Telangana, India – 500052
- IndustryPackaging, Industrial Packaging Solutions
- 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 Avnflex Packing Private Limited FY 2024 filings available
Avnflex Packing Private Limited reported revenue of ₹68.82 Cr (up 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Avnflex Packing Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 15% growth in the latest year. EBITDA rose 46% 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 Avnflex Packing Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹68.82 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.46 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57.86 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 Avnflex Packing Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• |
| 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 Avnflex Packing are in the company report.
Financial statements from FY 2020
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 Avnflex Packing Private Limited
Avnflex Packing Private Limited is audited by A S BHUTADA & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S BHUTADA & COMPANY | 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 Avnflex Packing Private Limited
Avnflex Packing has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kishore Atasniya Also directs: Avnflex Wovenpac Private Limited | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Purshottam Das Atasniya Also directs: Axon Polyfilms LLP | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Brijesh Kumar Atasniya Also directs: Avnflex Wovenpac Private Limited, Axon Polyfilms LLP | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Shyam Sunder Atasniya | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Riteshkumar Atasniya | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Neelesh Kumar Atasniya | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Avnflex Packing 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 Avnflex Packing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2024 | Sidbi | ₹1.37 Cr | Open |
| 31 Aug 2024 | Hdfc Bank Limited | ₹18 Lakh | Open |
| 16 Feb 2024 | Sidbi | ₹5.06 Cr | Open |
| 19 Oct 2022 | Others | ₹8.9 Lakh | Open |
| 05 Jul 2019 | Hdfc Bank Limited | ₹23.9 Cr | Open |
Total charge records: 5 View all charges
Deals & Funding of Avnflex Packing Private Limited
Avnflex Packing Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Avnflex Packing Private Limited
Avnflex Packing Private Limited has a workforce of 18 employees as of Apr 03, 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 Avnflex Packing Private Limited
Avnflex Packing Private Limited has 7 board changes on record since 2019: 6 appointments and 1 cessation. The latest: Murlidhar Atasniya ceased to be Director on 28 Mar 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avnflex Packing 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 Avnflex Packing 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 Avnflex Packing 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 Avnflex Packing Private Limited
Avnflex Packing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AASCA1531B1Z1 | Telangana | Active | 05 Apr 2019 |
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 Avnflex Packing 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 Avnflex Packing Private Limited
Avnflex Packing is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 05 April 2019 (7+ years old) and is registered under CIN U25209TG2019PTC131937.
Avnflex Packing reported revenue of ₹68.82 Cr for FY 2023 (up 15% YoY).
Avnflex Packing has 6 current directors:
- Kamal Kishore Atasniya - Director
- Purshottam Das Atasniya - Director
- Brijesh Kumar Atasniya - Director
- Shyam Sunder Atasniya - Director
- Riteshkumar Atasniya - Director
- Neelesh Kumar Atasniya - Director
Avnflex Packing reported a net profit of ₹57.86 Lakh (net margin 0.8%) and EBITDA of ₹3.46 Cr (EBITDA margin 5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avnflex Packing is 13% over three years. In the latest year (FY 2023) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avnflex Packing is 36AASCA1531B1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Avnflex Packing is U25209TG2019PTC131937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avnflex Packing was incorporated on 05 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Avnflex Packing has 2 deals on record (2 secondary share transfers); the latest was in March 2024.
Murlidhar Atasniya ceased to be Director on 28 Mar 2023. Brijesh Kumar Atasniya was appointed as Director on 05 Apr 2019. Kamal Kishore Atasniya was appointed as Director on 05 Apr 2019. Avnflex Packing has 7 board changes on record in total.