About Balaji Multiflex Private Limited
Data last updated:
Balaji Multiflex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 18 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2001PTC040276. Its GSTIN is 24AACCB4222G1Z9 (Gujarat).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹5 Cr. It is led by directors Chandrakant Valllabhdas Bhalara (Whole-Time Director) and Pranav Chandrakant Bhalara.
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 Survey No. 62 – 63 After Crossing Amreli Village Nani Amreli Taluka: Paddhari Lodhika, Rajkot, Gujarat, India – 360110.
As per the financials filed for FY 2025, the company reported a revenue of ₹585.04 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹43.72 Cr (net margin 7.5%) and EBITDA of ₹91.36 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
The company has about 486 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹144.26 Cr and satisfied charges of ₹32.89 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹39 Lakh; the latest was in March 2011. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajimultiflex.com.
Company details
Contact details
Balaji Multiflex Private Limited's registered office is in Rajkot, Gujarat. Its website is balajimultiflex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 62 – 63 After Crossing Amreli Village Nani Amreli Taluka: Paddhari Lodhika, Rajkot, Gujarat, India – 360110
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Balaji Multiflex 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 activity of Balaji Multiflex is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Balaji Multiflex Private Limited, buy the company report.
Financials of Balaji Multiflex Private Limited
FY 2024 filings availableBalaji Multiflex Private Limited reported revenue of ₹585.04 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 12% growth in the latest year. EBITDA fell 14% 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 |
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| EBITDA | ₹91.36 Cr | ||||
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| Net Profit (PAT) | ₹43.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Balaji Multiflex Private Limited, buy the company report.
Board of directors of Balaji Multiflex Private Limited
Balaji Multiflex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Valllabhdas Bhalara Also directs: Aikyam Sampati Management LLP, B-Bake Foods Private Limited | Whole-Time Director | 18 Dec 2001 | 24 Years 10 Months | Current |
| Pranav Chandrakant Bhalara Also directs: Aikyam Sampati Management LLP, B-Bake Foods Private Limited, Shilp Gravures Limited and 1 more | Director | 01 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Balaji Multiflex Private Limited is audited by B.M.Vasoya & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.M.Vasoya & Associates | FY 2024 | 127246W |
Shareholding
The shareholding of Balaji Multiflex Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Balaji Multiflex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101109908 | Others | ₹50 Cr | Open | |
| 27 May 2008 | 10105180 | Others | ₹69.26 Cr | Open | |
| 02 Jul 2007 | 10059031 | Others | ₹25 Cr | Open | |
| 24 Dec 2024 | 101030342 | Others | ₹14.5 Cr | Satisfied | |
| 10 Dec 2024 | 101033153 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Balaji Multiflex Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Balaji Multiflex Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹39 Lakh; the latest was in March 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹39 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balaji Multiflex Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Motor accident claim | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by The Government of Gujarat | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-Iii | Disposed |
To see the full case history of Balaji Multiflex 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.
Credit ratings & regulatory alerts
Balaji Multiflex Private Limited was last rated by Care on 29 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Mar 2022 |
To see the full credit ratings and regulatory alerts of Balaji Multiflex Private Limited, buy the company report.
MSME payment delays
Balaji Multiflex Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S A Enterprise | |||
| an individual supplier |
To see the full MSME payment records of Balaji Multiflex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Balaji Multiflex Private Limited has a workforce of 486 employees on its EPFO records as of Mar 21, 2025, across 1 active EPFO establishment.
GST
Balaji Multiflex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCB4222G1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Multiflex Private Limited, buy the company report.
Recent activity
Balaji Multiflex Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Pravinaben Chandrakant Bhalara ceased to be Whole-Time Director on 09 Nov 2013.
14 earlier events are in the company report.
Frequently asked questions
Balaji Multiflex is an active private limited company based in Rajkot, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 18 December 2001 (25+ years old) and is registered under CIN U25202GJ2001PTC040276.
Balaji Multiflex has 2 current directors:
- Chandrakant Valllabhdas Bhalara - Whole-Time Director
- Pranav Chandrakant Bhalara - Director
The latest financial statements of Balaji Multiflex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Multiflex is 24AACCB4222G1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Balaji Multiflex is U25202GJ2001PTC040276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Multiflex has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the district courts.
Balaji Multiflex was incorporated on 18 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Balaji Multiflex has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹39 Lakh; the latest was in March 2011.
Pravinaben Chandrakant Bhalara ceased to be Whole-Time Director on 09 Nov 2013. Khushbu Pranav Bhalara ceased to be Director on 01 Nov 2010. Pranav Chandrakant Bhalara was appointed as Director on 01 Mar 2007. Balaji Multiflex has 5 board changes on record in total.
Balaji Multiflex has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Balaji Multiflex can be reached through the website balajimultiflex.com. Its registered office is in Rajkot, Gujarat, India.