Bihar Raffia Industries Limited
About Bihar Raffia Industries Limited
Data last updated:
Bihar Raffia Industries Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 13 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25199WB1998PLC086311. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.21 Cr. It is led by directors including Naresh Kumar Agarwal (Managing Director) and Hemanta Kumar Nath.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 132 Cotton Street Room No.28 1st Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.75 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹16.5 Cr (net margin -79.5%) and EBITDA of -₹11.57 Cr (EBITDA margin -55.7%).
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹410.34 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address132 Cotton Street Room No.28 1st Floor, Kolkata, West Bengal, India – 700007
- IndustryPackaging, Woven Packaging 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 Bihar Raffia Industries Limited
The main business activity of Bihar Raffia Industries is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Bihar Raffia Industries Limited FY 2017 filings available
Bihar Raffia Industries Limited reported revenue of ₹20.75 Cr (down 21% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Bihar Raffia Industries Limited
Revenue fell 21% in the latest year. EBITDA fell 589% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Bihar Raffia Industries Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹20.75 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹11.57 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.5 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 Bihar Raffia Industries Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -55.7% | •••• | •••• |
| Net Profit Margin | -79.5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
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 Bihar Raffia Industries 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.
Peer Comparison of Bihar Raffia Industries Limited
Bihar Raffia Industries Limited is compared with the companies closest to it by revenue in the Packaging industry (Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikas Polyplast Private Limited | ₹21.25 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Alwar, Rajasthan, India |
| Nimai Trades Private Limited | ₹20.95 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Pithampur, Madhya Pradesh, India |
| Snehasri Polysacks Private Limited | ₹20.93 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Netravati Polypack Private Limited | ₹20.83 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Mudhol, Karnataka, India |
| Galaxy Packing Industry Private Limited | ₹20.76 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Avinashi, Tamil Nadu, India |
| Bihar Raffia Industries Limited this company | ₹20.75 Cr (FY 2017) | •••• | •••• | -21.0% | •••• | Kolkata, West Bengal, India |
| Narmada Extrusions Limited | ₹20.62 Cr (FY 2025) | •••• | •••• | -80.0% | •••• | Dhar, Madhya Pradesh, India |
| Narayani Hitechpack Private Limited | ₹20.48 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Nagpur, Maharashtra, India |
| Sri Pavitra Pack Private Limited | ₹20.44 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Radha Govinda Poly Textile Private Limited | ₹20.3 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Gajol, West Bengal, India |
| Kaypee Polymers Private Limited | ₹20.1 Cr (FY 2020) | •••• | •••• | •••• | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Bihar Raffia Industries by revenue in the Packaging industry (Woven Products), 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 Bihar Raffia Industries Limited
Bihar Raffia Industries Limited is audited by S A R P & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S A R P & ASSOCIATES | 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 Bihar Raffia Industries Limited
Bihar Raffia Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemanta Kumar Nath Also directs: Times Ferro Alloys Private Limited, Welspun Commerce Pvt Ltd | Additional Director | 27 Mar 2017 | 9 Years 6 Months | Current |
| Trilok Chand Agarwal | Additional Director | 19 Mar 2015 | 11 Years 6 Months | Current |
| Naresh Kumar Agarwal Also directs: Jamshedpur Welpack Poly Industries Limited | Managing Director | 15 Feb 2010 | 16 Years 8 Months | Current |
Ownership and Shareholding of Bihar Raffia Industries 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 Bihar Raffia Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2013 | State Bank of India | ₹13.8 Cr | Open |
| 22 May 2013 | Others | ₹112.41 Cr | Open |
| 26 Mar 2013 | State Bank of India | ₹30.05 Cr | Open |
| 22 Feb 2013 | Punjab National Bank | ₹14.8 Cr | Open |
| 04 Dec 2012 | State Bank of India | ₹42.29 Cr | Open |
Total charge records: 12 View all charges
Legal Cases of Bihar Raffia Industries Limited
Bihar Raffia Industries Limited has 14 court cases on record: 9 filed by Bihar Raffia Industries, 4 filed against it, 1 where it is another party. 1 case is pending and 13 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 0 |
| District courts | 5 | 4 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Vyankatesh Udyog (India) Private Limited | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed against the company by Technomec Solutions Private Limited | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Revision petition | Filed against the company by Technomec Solution Private Ltd | Pending |
| High Court of Jharkhand | Writ petition | Company is another party | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against State Bank of India | Disposed |
Full case history
All 14 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 Bihar Raffia Industries Limited
Bihar Raffia Industries Limited has a workforce of 22 employees as of Mar 28, 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.
CIN History of Bihar Raffia Industries Limited
Bihar Raffia Industries has one previous CIN (Corporate Identification Number): U25199WB1998PTC086311. The current CIN is U25199WB1998PLC086311, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25199WB1998PLC086311 | Current |
| U25199WB1998PTC086311 | Previous |
Recent Activity on Bihar Raffia Industries Limited
Bihar Raffia Industries Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Hemanta Kumar Nath was appointed as Additional Director on 27 Mar 2017.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bihar Raffia Industries 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 Bihar Raffia Industries 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 Bihar Raffia Industries 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 Bihar Raffia Industries Limited
Bihar Raffia Industries has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Bihar Raffia Industries 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 Bihar Raffia Industries Limited
Bihar Raffia Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 13 January 1998 (28+ years old) and is registered under CIN U25199WB1998PLC086311.
Bihar Raffia Industries reported revenue of ₹20.75 Cr for FY 2017 (down 21% YoY).
Bihar Raffia Industries has 3 current directors:
- Naresh Kumar Agarwal - Managing Director
- Hemanta Kumar Nath - Additional Director
- Trilok Chand Agarwal - Additional Director
Bihar Raffia Industries reported a net loss of ₹16.5 Cr (net margin -79.5%) and EBITDA of -₹11.57 Cr (EBITDA margin -55.7%) for FY 2017, as per its filed financial statements.
No. Bihar Raffia Industries has 6 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bihar Raffia Industries is U25199WB1998PLC086311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bihar Raffia Industries has 14 court cases on record: 9 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Bihar Raffia Industries was incorporated on 13 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Bihar Raffia Industries by revenue are Vikas Polyplast Private Limited, Nimai Trades Private Limited, Snehasri Polysacks Private Limited, Netravati Polypack Private Limited, Galaxy Packing Industry Private Limited and 5 more, all in the Packaging industry (Woven Products).
Hemanta Kumar Nath was appointed as Additional Director on 27 Mar 2017. Shailen Agarwal ceased to be Director on 27 Mar 2017. Gouri Shankar Sharma ceased to be Director on 28 Jan 2016. Bihar Raffia Industries has 9 board changes on record in total.
The registered office of Bihar Raffia Industries is at 132 Cotton Street Room No.28 1st Floor, Kolkata, West Bengal, India – 700007.