About Bindals Papers Mills Limited
Data last updated:
Bindals Papers Mills Limited is a public limited company based in Delhi, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 19 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U21011DL2006PLC148926. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹34.44 Cr. It was formerly known as Bindal Newsprint Limited. and Bindal Papers Limited. It is led by directors including Mayank Bindal (Managing Director) and Sachin Agarwal.
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 Np 151 B Maurya Enclave Pitam Pura, Delhi, India – 110088.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,279.87 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹79.8 Cr (net margin 6.2%) and EBITDA of ₹152.02 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 577 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bindals Papers Mills Limited. As per MCA filings, the company has open charges of ₹1,293.68 Cr and satisfied charges of ₹974.73 Cr on record. Court records list 43 cases involving the company, including 17 filed by the company and 24 filed against it; 8 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 bindalpapers.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNp 151 B Maurya Enclave Pitam Pura, Delhi, India – 110088
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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 Bindals Papers Mills Limited
The main business activities of Bindals Papers Mills are trade and manufacturing. In detail, this covers wholesale trading, other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wood and wood products, furniture, paper and paper products. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Bindals Papers Mills Limited FY 2025 filings available
Bindals Papers Mills Limited reported revenue of ₹1,279.87 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bindals Papers Mills Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 36% growth in the latest year. EBITDA fell 19% 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 Bindals Papers Mills Limited
| 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 | ₹1,279.87 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹152.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹79.8 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 Bindals Papers Mills Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 Bindals Papers Mills 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 Bindals Papers Mills Limited
Bindals Papers Mills Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seshasayee Paper and Boards Limited Listed | ₹1,822.98 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Erode, Tamil Nadu, India |
| N R Agarwal Industries Limited Listed | ₹1,690.43 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Andhra Paper Limited Listed | ₹1,629.97 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Andhra Pradesh, India |
| Satia Industries Limited Listed | ₹1,531.2 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Muktsar, Punjab, India |
| Bank Note Paper Mill India Private Limited | ₹1,401.91 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mysore, Karnataka, India |
| Bindals Papers Mills Limited this company | ₹1,279.87 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Delhi, India |
| Kuantum Papers Limited Listed | ₹1,113.12 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Saila Khurd, Punjab, India |
| Maheshwari Logistics Limited Listed | ₹978.05 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Vapi, Gujarat, India |
| Orient Paper and Industries Ltd. Listed | ₹911.56 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bhubaneswar, Odisha, India |
| Naini Papers Limited | ₹893.88 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kashipur, Uttarakhand, India |
| Shah Paper Mills Limited | ₹892.07 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bindals Papers Mills by revenue in the Manufacturing industry (Paper), 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 Bindals Papers Mills Limited
Bindals Papers Mills Limited is audited by GOEL SINGHAL & ASSOCIATES for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOEL SINGHAL & 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 and KMP of Bindals Papers Mills Limited
Bindals Papers Mills Limited currently reports 4 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joginder Pal Dua | Additional Director | 29 Apr 2025 | 1 Years 5 Months | Current |
| Mayank Bindal Also directs: Bindlas Duplux Limited | Managing Director | 19 May 2006 | 20 Years 4 Months | Current |
| Sachin Agarwal Also directs: Tehri Pulp and Paper Limited, V.R. Digital Private Limited | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
| Ayush Agarwal Also directs: M. S. S. Bansal LLP, Sidhbali Formulations Private Limited, Bindal Rolling Mills Limited and 1 more | Cfo | 01 Jul 2021 | 5 Years 3 Months | Current |
| Jyoti Singhal | Additional Director | 29 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Bindals Papers Mills 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 Bindals Papers Mills Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2026 | Axis Bank Limited | ₹45 Cr | Open |
| 11 Mar 2026 | Indian Bank | ₹35 Cr | Open |
| 10 Mar 2026 | State Bank of India | ₹40 Cr | Open |
| 10 Mar 2026 | Indian Bank | ₹20 Cr | Open |
| 10 Mar 2026 | State Bank of India | ₹70 Cr | Open |
Total charge records: 80 View all charges
Legal Cases of Bindals Papers Mills Limited
Bindals Papers Mills Limited has 43 court cases on record: 17 filed by Bindals Papers Mills, 24 filed against it, 2 where it is another party. 8 cases are pending and 35 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 9 | 4 |
| District courts | 15 | 13 | 3 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Stmicroelectronics Private Limited | Disposed |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against NX Block Trades Private Limited | Disposed |
| High Court of Delhi | Appeal | Filed by the company against Extramarks Education India Private Limited | Disposed |
| District court, Meerut, Uttar Pradesh | Court case (M V Act) | Filed against the company by State of Up | Pending |
| District court, Palakkad, Kerala | Court case (OP MV) | Filed against the company by an individual | Pending |
Full case history
All 43 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.
Associated Brands with Bindals Papers Mills Limited
Bindals Papers Mills operates one associated brand: Bindals Papers Mills Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of paper and sugar products with a focus on sustainability in India. | bindalpapers.com |
Employees and EPFO Compliance at Bindals Papers Mills Limited
Bindals Papers Mills Limited has a workforce of 577 employees as of Sep 23, 2025.
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.
Group Structure of Bindals Papers Mills Limited
Bindals Papers Mills has 2 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
Name History of Bindals Papers Mills Limited
Bindals Papers Mills has undergone 2 name changes throughout its history. The company was previously known as Bindal Newsprint Limited., and Bindal Papers Limited. The current legal name is Bindals Papers Mills Limited.
| Company Name | Status |
|---|---|
| Bindals Papers Mills Limited | Current |
| Bindal Newsprint Limited. | Previous |
| Bindal Papers Limited | Previous |
CIN History of Bindals Papers Mills Limited
Bindals Papers Mills has one previous CIN (Corporate Identification Number): U17010DL2006PLC148926. The current CIN is U21011DL2006PLC148926, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21011DL2006PLC148926 | Current |
| U17010DL2006PLC148926 | Previous |
Recent Activity on Bindals Papers Mills Limited
Bindals Papers Mills Limited has 22 board changes on record since 2006: 6 appointments and 16 cessations. The latest: Joginder Pal Dua was appointed as Additional Director on 29 Apr 2025.
150 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bindals Papers Mills 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 Bindals Papers Mills 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 Bindals Papers Mills 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 Bindals Papers Mills Limited
Bindals Papers Mills has 2 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 Bindals Papers Mills 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 Bindals Papers Mills Limited
Bindals Papers Mills is an active public limited company based in Delhi, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 19 May 2006 (20+ years old) and is registered under CIN U21011DL2006PLC148926.
Bindals Papers Mills reported revenue of ₹1,279.87 Cr for FY 2025 (up 36% YoY).
Bindals Papers Mills has 5 current directors and KMP:
- Mayank Bindal - Managing Director
- Joginder Pal Dua - Additional Director
- Sachin Agarwal - Director
- Jyoti Singhal - Additional Director
- Ayush Agarwal - Cfo
Bindals Papers Mills reported a net profit of ₹79.8 Cr (net margin 6.2%) and EBITDA of ₹152.02 Cr (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bindals Papers Mills is 13% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
No. Bindals Papers Mills has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bindals Papers Mills is U21011DL2006PLC148926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bindals Papers Mills has 43 court cases on record: 17 filed by the company and 24 filed against it. 8 are pending. Most are in the high courts.
Bindals Papers Mills was incorporated on 19 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Bindals Papers Mills by revenue are Seshasayee Paper and Boards Limited, N R Agarwal Industries Limited, Andhra Paper Limited, Satia Industries Limited, Bank Note Paper Mill India Private Limited and 5 more, all in the Manufacturing industry (Paper).
Joginder Pal Dua was appointed as Additional Director on 29 Apr 2025. Jyoti Singhal was appointed as Additional Director on 29 Apr 2025. Arushi Goel was appointed as Company Secretary on 07 Jun 2023. Bindals Papers Mills has 22 board changes on record in total.