About B J Bhandari Papers Private Limited
Data last updated:
B J Bhandari Papers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 31 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U55101MH1995PTC089039. Its GSTIN is 27AACCS3570J1Z6 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.5 Lakh. It was formerly known as Shahani Motels Private Limited. It is led by directors including Chetan Bandulal Bhandari and Vijaykumar Bandulal Bhandari.
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 Gat No.994/2B 1047/1048 First Floor Taluka Shirur Sanaswadi, Pune, Maharashtra, India – 412208.
As per the financials filed for FY 2025, the company reported a revenue of ₹297.2 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Cr (net margin 0.5%) and EBITDA of ₹3.29 Cr (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹8.5 Cr on record. Court records list 22 cases involving the company, including 21 filed by the company and 1 filed against it; 12 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 bjbhandaripapers.com.
Company details
Contact details
B J Bhandari Papers Private Limited's registered office is in Pune, Maharashtra. Its website is bjbhandaripapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No.994/2B 1047/1048 First Floor Taluka Shirur Sanaswadi, Pune, Maharashtra, India – 412208
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of B J Bhandari Papers Private Limited, buy the company report.
- 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
Business activity
The main business activities of B J Bhandari Papers are manufacturing and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers manufacture of coke and refined petroleum products and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 19 | Manufacture of coke and refined petroleum products | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of B J Bhandari Papers Private Limited, buy the company report.
Financials of B J Bhandari Papers Private Limited
FY 2025 filings availableB J Bhandari Papers Private Limited reported revenue of ₹297.2 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 34% 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
| Metrics | FY 2024-25 | 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 | ₹3.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.43 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of B J Bhandari Papers Private Limited, buy the company report.
Board of directors of B J Bhandari Papers Private Limited
B J Bhandari Papers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Bandulal Bhandari Also directs: Urbanpulse Infra India LLP, Ecogreen Kraftpack Private Limited, Citykraft Paper Pac LLP and 1 more | Director | 04 Apr 2006 | 20 Years 6 Months | Current |
| Vijaykumar Bandulal Bhandari Also directs: Bhandari Gelada Associates LLP, Prayeja Developers LLP, Urbanpulse Infra India LLP and 5 more | Director | 04 Apr 2006 | 20 Years 6 Months | Current |
| Bharati Vijay Bhandari Also directs: Ecogreen Kraftpack Private Limited | Director | 04 Apr 2006 | 20 Years 6 Months | Current |
| Ajit Ramesh Gadekar Also directs: Ecofine Packaging LLP, Ecogreen Kraftpack Private Limited | Director | 04 Apr 2006 | 20 Years 6 Months | Current |
| Chandrabhushan Ghansham Shahi | Director | 04 Apr 2006 | 20 Years 6 Months | Current |
Auditor
B J Bhandari Papers Private Limited is audited by MGM and Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGM and Company | FY 2022 | 117963W |
Shareholding
The shareholding of B J Bhandari Papers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of B J Bhandari Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2010 | 10236084 | Citi Bank N.A. | ₹8.5 Cr | Satisfied |
To see the full charge records of B J Bhandari Papers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
B J Bhandari Papers Private Limited has 22 court cases on record: 21 filed by B J Bhandari Papers, 1 filed against it. 12 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 0 | 12 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Archis Packaging India Pvt.Ltd. Through Navnath S.Karle | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Trimuti Corns Agro Foods Pvt Ltd and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Borkar Colorpacks Pvt. Ltd. and 3 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Suvidya Box Manufacturing Company Pvt. Ltd. Through Sachin Ramesh Keni | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against Suvidya Box Manufacturing Company Private Limited Through Shri. Sachin Ramesh Keni | Disposed |
To see the full case history of B J Bhandari Papers Private Limited, buy the company report.
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.
MSME payment delays
B J Bhandari Papers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Awade Industries Private Limited |
To see the full MSME payment records of B J Bhandari Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
B J Bhandari Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS3570J1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of B J Bhandari Papers Private Limited, buy the company report.
Recent activity
B J Bhandari Papers Private Limited has 8 board changes on record since 2006: 5 appointments and 3 cessations. The latest: Seetharam Shesha Shetty ceased to be Director on 05 Apr 2006.
2 earlier events are in the company report.
Frequently asked questions
B J Bhandari Papers is an active private limited company based in Pune, Maharashtra, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 31 May 1995 (31+ years old) and is registered under CIN U55101MH1995PTC089039.
B J Bhandari Papers has 5 current directors:
- Chetan Bandulal Bhandari - Director
- Vijaykumar Bandulal Bhandari - Director
- Bharati Vijay Bhandari - Director
- Ajit Ramesh Gadekar - Director
- Chandrabhushan Ghansham Shahi - Director
The latest financial statements of B J Bhandari Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of B J Bhandari Papers is 27AACCS3570J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of B J Bhandari Papers is U55101MH1995PTC089039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
B J Bhandari Papers has 22 court cases on record: 21 filed by the company and 1 filed against it. 12 are pending. Most are in the district courts.
B J Bhandari Papers was incorporated on 31 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Seetharam Shesha Shetty ceased to be Director on 05 Apr 2006. Sridhar Shivanna Shetty ceased to be Director on 05 Apr 2006. Vinaykumar Gunduraj Shetty ceased to be Director on 05 Apr 2006. B J Bhandari Papers has 8 board changes on record in total.
B J Bhandari Papers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
B J Bhandari Papers can be reached through the website bjbhandaripapers.com. Its registered office is in Pune, Maharashtra, India.
The registered office of B J Bhandari Papers is at Gat No.9942B 10471048 First Floor Taluka Shirur Sanaswadi, Pune, Maharashtra, India – 412208.