- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-24-0012124

Bhadra Paper Mills Limited
About Bhadra Paper Mills Limited
Data last updated:
Bhadra Paper Mills Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the paper segment of the packaging sector. It was incorporated on 08 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1984PLC006140. Its GSTIN is 29AAACB5718P1Z7 (Karnataka).
The company has an authorised share capital of ₹15.6 Cr and a paid-up capital of ₹10.58 Cr. It was formerly known as Bhadra Paper Mills Private Limited and Bhadra Packaids Private Limited. It is led by directors including Lakshman Madesh (Managing Director) and Subbaraju Lakshman (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 3 2nd Floor Dr Tcm Royan Road, Opp Ayyappan Temple Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.88 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.97 Cr (net margin 11.1%) and EBITDA of ₹10.93 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹7.08 Cr on record. Court records list 17 cases involving the company, including 10 filed by the company and 8 filed against it; 2 cases are pending.
Bhadra Paper Mills Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0012124). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Bhadra Paper Mills has undergone 2 name changes throughout its history. The company was previously known as Bhadra Paper Mills Private Limited, and Bhadra Packaids Private Limited. The current legal name is Bhadra Paper Mills Limited.
| Company Name | Status |
|---|---|
| Bhadra Paper Mills Limited | Current |
| Bhadra Paper Mills Private Limited | Previous |
| Bhadra Packaids Private Limited | Previous |
CIN history
Bhadra Paper Mills has one previous CIN (Corporate Identification Number): U85110KA1984PTC006140. The current CIN is U85110KA1984PLC006140, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1984PLC006140 | Current |
| U85110KA1984PTC006140 | Previous |
Recognitions & Rankings of Bhadra Paper Mills
Contact details
Bhadra Paper Mills Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 3 2nd Floor Dr Tcm Royan Road, Opp Ayyappan Temple Bangalore, Karnataka, India – 560053
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Bhadra Paper Mills 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 Bhadra Paper Mills is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Bhadra Paper Mills Limited, buy the company report.
Financials of Bhadra Paper Mills Limited
FY 2025 filings availableBhadra Paper Mills Limited reported revenue of ₹62.88 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 26% 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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| Total Expenses | |||||
| EBITDA | ₹10.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.97 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 11.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bhadra Paper Mills Limited, buy the company report.
Board of directors of Bhadra Paper Mills Limited
Bhadra Paper Mills has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatakrishnan Duraisamyraju | Director | 14 Sep 2018 | 8 Years 1 Months | Current |
| Lakshman Madesh Also directs: Sawol Bangalore LLP | Managing Director | 29 Sep 2011 | 15 Years 1 Months | Current |
| Shamsundar Santhosh Narayana | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
| Sharitha Madesh Also directs: Sawol Bangalore LLP | Director | 17 Dec 2013 | 12 Years 10 Months | Current |
| Subbaraju Lakshman | Whole-Time Director | 29 Sep 2011 | 15 Years 1 Months | Current |
| Nagaraja Srivatsa | Director | 14 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Bhadra Paper Mills Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Paper, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivani Trupack Private Limited | ₹63.5 Cr (FY 2025) | 14.0% | Indore, Madhya Pradesh, India | |||
| Vivala Cartons Pvt Ltd | ₹63.42 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Devkiran Paper Mills Private Limited | ₹63.1 Cr (FY 2024) | -10.0% | Karnataka, India | |||
| Bhadra Paper Mills Limitedthis company | ₹62.88 Cr (FY 2025) | ₹6.97 Cr | 11.1% | -9.0% | Bangalore, Karnataka, India | |
| Debnath Kagaj Udyog Private Limited | ₹62.11 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Elysium Industries India Private Limited | ₹62.03 Cr (FY 2024) | -1.0% | Navsari, Gujarat, India | |||
| Ballavpur Paper Mfg. Limited | ₹61.78 Cr (FY 2024) | -37.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bhadra Paper Mills Limited, buy the company report.
Auditor
Bhadra Paper Mills Limited is audited by P Chandrasekar LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Chandrasekar LLP | FY 2023 | 000580S/S200066 |
Shareholding
The shareholding of Bhadra Paper Mills 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhadra Paper Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2017 | 100219236 | Others | ₹8 Lakh | Satisfied | |
| 08 Feb 2017 | 100081450 | Syndicate Bank | ₹87 Lakh | Satisfied | |
| 24 Aug 2015 | 10613640 | Syndicate Bank | ₹12 Lakh | Satisfied | |
| 27 Mar 2015 | 10595088 | Vijaya Bank | ₹13 Lakh | Satisfied | |
| 27 Mar 2015 | 10595090 | Vijaya Bank | ₹7.5 Lakh | Satisfied |
To see the full charge records of Bhadra Paper Mills Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Bhadra Paper Mills Limited has 17 court cases on record: 10 filed by Bhadra Paper Mills, 8 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 0 |
| High courts | 7 | 3 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Paper Packaging Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Clean Max Power Projects Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Ltd and 12 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.I.D) | Filed against the company by Bhadra Packaids Pvt. Ltd., Workers Union, Bhadravathi, Shimoga Dist. | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.I.D) | Filed by the company against M/S. Bhadra Packaids Pvt. Ltd., Bhadravathi TQ., Shimoga Dist. | Disposed |
To see the full case history of Bhadra Paper Mills 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
Bhadra Paper Mills Limited was last rated by Brickwork on 29 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 29 Jul 2020 |
To see the full credit ratings and regulatory alerts of Bhadra Paper Mills Limited, buy the company report.
MSME payment delays
Bhadra Paper Mills Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 7 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bharath Enterprises | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Bhadra Paper Mills Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bhadra Paper Mills has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sindu Valley Technologies Limited | L21000KA1976PLC173212 |
To see the full group structure of Bhadra Paper Mills Limited, buy the company report.
GST
Bhadra Paper Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB5718P1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhadra Paper Mills Limited, buy the company report.
Recent activity
Bhadra Paper Mills Limited has 21 board changes on record since 2011: 6 appointments and 15 cessations. The latest: Shamsundar Santhosh Narayana ceased to be Additional Director on 20 Jun 2023.
47 earlier events are in the company report.
Frequently asked questions
Bhadra Paper Mills is an active public limited company based in Bangalore, Karnataka, India. The company works in paper, within the packaging industry. It was incorporated on 08 June 1984 (42+ years old) and is registered under CIN U85110KA1984PLC006140.
Bhadra Paper Mills has 6 current directors:
- Lakshman Madesh - Managing Director
- Subbaraju Lakshman - Whole-Time Director
- Venkatakrishnan Duraisamyraju - Director
- Shamsundar Santhosh Narayana - Director
- Sharitha Madesh - Director
- Nagaraja Srivatsa - Director
The latest financial statements of Bhadra Paper Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhadra Paper Mills is 29AAACB5718P1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Bhadra Paper Mills is U85110KA1984PLC006140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhadra Paper Mills has 17 court cases on record: 10 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Bhadra Paper Mills was incorporated on 08 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bhadra Paper Mills by revenue are Shivani Trupack Private Limited, Vivala Cartons Pvt Ltd, Devkiran Paper Mills Private Limited, Debnath Kagaj Udyog Private Limited, Elysium Industries India Private Limited and 1 more, all in the Packaging industry (Paper, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Shamsundar Santhosh Narayana ceased to be Additional Director on 20 Jun 2023. Shamsundar Santhosh Narayana was appointed as Director on 24 Mar 2023. Abhilash Padmanabh Kamti ceased to be Additional Director on 25 Oct 2018. Bhadra Paper Mills has 21 board changes on record in total.
Yes, Bhadra Paper Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-24-0012124).
Bhadra Paper Mills has 10 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 7 micro and small suppliers. The latest return was filed on 22 Apr 2024.
The registered office of Bhadra Paper Mills is at No 3 2nd Floor Dr Tcm Royan Road, Opp Ayyappan Temple Bangalore, Karnataka, India – 560053.