Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions Private Limited - packaging in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ2017PTC097286 Incorporated 15 May 2017 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company packaging
Data last updated
Revenue · FY 2024
₹9.28 Cr
▼ 23% YoY
Net profit · FY 2024
₹70,194
Net margin 0.1%
EBITDA · FY 2024
₹57.85 Lakh
EBITDA margin 6.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹1.19 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
16
Provident fund records

About Carryrite Packaging Solutions Private Limited

Data last updated:

Carryrite Packaging Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 15 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2017PTC097286. Its GSTIN is 24AAGCC9954J1Z8 (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alok Chandmal Khandelwal (Managing Director) and Rupesh Sitaram Khandelwal.

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 351 Lower Basement Golden Plaza Near Kinnari Cinema Ring Road, Surat, Gujarat, India – 395002.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.28 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹70,194 (net margin 0.1%) and EBITDA of ₹57.85 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.

The company has about 16 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹1.19 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Carryrite Packaging Solutions Private Limited
CIN U51909GJ2017PTC097286
Registration Number 097286
Incorporation Date 15 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    351 Lower Basement Golden Plaza Near Kinnari Cinema Ring Road, Surat, Gujarat, India – 395002
  • Industry
    Packaging, Paper, Laminated & Corrugated Packaging
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Financials, compliance, directors, charges, ownership and filings for Carryrite Packaging Solutions Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Carryrite Packaging Solutions Private Limited

The main business activity of Carryrite Packaging Solutions is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC3Wood and wood products, furniture, paper and paper productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Carryrite Packaging Solutions Private Limited FY 2024 filings available

Carryrite Packaging Solutions Private Limited reported revenue of ₹9.28 Cr (down 23% YoY) for FY 2024.

Revenue · FY 2024
₹9.28 Cr ▼ 23%
Net profit · FY 2024
₹70,194 margin 0.1%
EBITDA · FY 2024
₹57.85 Lakh margin 6.2%

Compounded Annual Growth Rate (CAGR) of Carryrite Packaging Solutions Private Limited

Revenue CAGR growth
1 year
▼ 23%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 11%
5 years · compounded
▲ 22%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 5% 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 Carryrite Packaging Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹57.85 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹70,194••••••••••••••••
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 Carryrite Packaging Solutions Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.2%••••••••••••••••
Net Profit Margin0.1%••••••••••••••••
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 Carryrite Packaging Solutions are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Peer Comparison of Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SSR Polymers Private Limited₹9.39 Cr (FY 2024)••••••••19.0%••••New Delhi, Delhi, India
Guru Paper Mills Private Limited₹9.34 Cr (FY 2024)••••••••-20.0%••••Puducherry, India
You Box Packaging Private Limited₹9.34 Cr (FY 2024)••••••••-9.0%••••Bhorakalan, Haryana, India
Alcor Polymer Private Limited₹9.3 Cr (FY 2025)••••••••2.0%••••Karur, Tamil Nadu, India
Rudrapriya Packaging Private Limited₹9.3 Cr (FY 2025)••••••••16.0%••••New Kondli, Delhi, India
Carryrite Packaging Solutions Private Limited this company₹9.28 Cr (FY 2024)••••••••-23.0%••••Surat, Gujarat, India
Meta Tubex Pvt Ltd₹9.27 Cr (FY 2024)••••••••16.0%••••Indore, Madhya Pradesh, India
Kig Kraft Tech Containers Private Limited₹9.27 Cr (FY 2025)••••••••1.0%••••Howrah, West Bengal, India
Superscapes Ventura Private Limited₹9.24 Cr (FY 2024)••••••••132.0%••••Urttar Kashipur, West Bengal, India
Dipti Corrugating Industries P Ltd₹9.21 Cr (FY 2025)••••••••4.0%••••Thane, Maharashtra, India
Silverchrome Industries Private Limited₹9.2 Cr (FY 2025)••••••••306.0%••••Jodhpur, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Carryrite Packaging Solutions by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions Private Limited is audited by P. TIBREWAL & CO. for the financial year 2022.

NameStatusAppointment DateCessation Date
P. TIBREWAL & CO.LockedLockedLocked
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Board of Directors of Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rupesh Sitaram KhandelwalDirector15 May 20179 Years 4 MonthsCurrent
Alok Chandmal KhandelwalManaging Director15 May 20179 Years 4 MonthsCurrent

Ownership and Shareholding of Carryrite Packaging Solutions Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Carryrite Packaging Solutions Private Limited

Open charges
₹2.5 Cr
Satisfied charges
₹1.19 Cr
Breakdown by lending institutions
Others₹2.50 Cr
Latest charge details
DateLenderAmountStatus
21 Jul 2023Others₹2.5 CrOpen
05 Nov 2019Hdfc Bank Limited₹1.19 CrSatisfied

Total charge records: 2 View all charges

MSME Payment Delays by Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 21 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)

SupplierAmount dueDue sinceReported on
Aashirwad Poly Print••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions Private Limited has a workforce of 16 employees as of Apr 03, 2024.

Employee count
16
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Nikhita Khandelwal ceased to be Additional Director on 01 Jul 2021.

AGM
Carryrite Packaging Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 05 Nov 2019 via Charge ID 100301083 with Hdfc Bank Limited was fully satisfied on 27 Aug 2024.
Filing
Carryrite Packaging Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100765026 was registered on 21 Jul 2023.
Ceased
Nikhita Khandelwal ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 118.61 Lakh registered on 05 Nov 2019 with Charge ID 100301083 was modified on 23 Jul 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 118.61 Lakh with Charge ID 100301083 was registered on 05 Nov 2019.
Ceased
Chandmal Nathmal Khandelwal ceased to be Whole-Time Director.
Ceased
Priyanka Alok Khandelwal ceased to be Director.
Ceased
Sumitradevi Chandmal Khandelwal ceased to be Whole-Time Director.
Ceased
Alok Chandmal Khandelwal ceased to be Director.
Appointed
Alok Chandmal Khandelwal was appointed as Managing Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Carryrite Packaging Solutions Private Limited

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Subsidiaries & Group Companies of Carryrite Packaging Solutions Private Limited

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Corporate group structure

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GST Compliance of Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCC9954J1Z8GujaratActive14 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Carryrite Packaging Solutions Private Limited

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MCA filings and documents

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Frequently Asked Questions about Carryrite Packaging Solutions Private Limited

Carryrite Packaging Solutions is an active private limited company based in Surat, Gujarat, India. The company works in paper, within the packaging industry. It was incorporated on 15 May 2017 (9+ years old) and is registered under CIN U51909GJ2017PTC097286.

Carryrite Packaging Solutions reported revenue of ₹9.28 Cr for FY 2024 (down 23% YoY).

Carryrite Packaging Solutions has 2 current directors:

Carryrite Packaging Solutions reported a net profit of ₹70,194 (net margin 0.1%) and EBITDA of ₹57.85 Lakh (EBITDA margin 6.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Carryrite Packaging Solutions is 3% over five years. In the latest year (FY 2024) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Carryrite Packaging Solutions is 24AAGCC9954J1Z8, registered in Gujarat.

The CIN (Corporate Identification Number) of Carryrite Packaging Solutions is U51909GJ2017PTC097286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Carryrite Packaging Solutions has 1 court case on record: 1 filed by the company.

Carryrite Packaging Solutions was incorporated on 15 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Carryrite Packaging Solutions by revenue are SSR Polymers Private Limited, Guru Paper Mills Private Limited, You Box Packaging Private Limited, Alcor Polymer Private Limited, Rudrapriya Packaging Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).

Nikhita Khandelwal ceased to be Additional Director on 01 Jul 2021. Chandmal Nathmal Khandelwal ceased to be Whole-Time Director on 15 Jun 2018. Priyanka Alok Khandelwal ceased to be Director on 15 Jun 2018. Carryrite Packaging Solutions has 7 board changes on record in total.

Carryrite Packaging Solutions has 6 MSME Form 1 returns on record between 2019 and 2023, listing 21 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Apr 2023.

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