MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0004942
Papierus Packaging and Paper Private Limited - wood in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹37.41 Cr
▼ 15% YoY
Net profit · FY 2025
₹19.91 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.24 Cr
EBITDA margin 3.3%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.39 Cr
Issued & subscribed
Open charges
₹22.67 Cr
Satisfied ₹26.27 Cr
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings
About Papierus Packaging and Paper Private Limited
Data last updated:
Papierus Packaging and Paper Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wood and wood products segment of the wood and timber products sector. It was incorporated on 15 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21093MH1990PTC056870. Its GSTIN is 27AAACC4591P1Z5 (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.39 Cr. It is led by directors Rikin Chetan Vakharia and Chetan Pramod Vakharia.
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 C/1 Trade World 7th Floor Kamala City Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.41 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹19.91 Lakh (net margin 0.5%) and EBITDA of ₹1.24 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹22.67 Cr and satisfied charges of ₹26.27 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 1 case is pending.
Papierus Packaging and Paper Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004942). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chetanpapers.net.
Company details
CIN U21093MH1990PTC056870
Registration Number 056870
Incorporation Date 15 June 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0004942
Recognitions & Rankings of Papierus Packaging and Paper
Contact details
Papierus Packaging and Paper Private Limited's registered office is in Mumbai, Maharashtra. Its website is chetanpapers.net. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC/1 Trade World 7th Floor Kamala City Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryWood, Wood & Wood Products, Paper & Paper Products, Furniture
To see the full contact details of Papierus Packaging and Paper Private Limited, buy the company report.
Comprehensive company report
Papierus Packaging and Paper Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Papierus Packaging and Paper 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 Papierus Packaging and Paper Private Limited, buy the company report.
Financials of Papierus Packaging and Paper Private Limited
FY 2025 filings availablePapierus Packaging and Paper Private Limited reported revenue of ₹37.41 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹37.41 Cr ▼ 15%
Net profit · FY 2025
₹19.91 Lakh margin 0.5%
EBITDA · FY 2025
₹1.24 Cr margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 11%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 4%
5 years · compounded
▼ 1%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 12% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Papierus Packaging and Paper Private Limited, buy the company report.
Board of directors of Papierus Packaging and Paper Private Limited
Papierus Packaging and Paper has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rikin Chetan Vakharia | Director | 25 Apr 2017 | 9 Years 6 Months | Current |
| Chetan Pramod Vakharia | Director | 15 Jun 1990 | 36 Years 4 Months | Current |
Peer comparison
Papierus Packaging and Paper Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging, Paper), 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 |
|---|---|---|---|---|---|---|
| East West Products Limited | ₹37.55 Cr (FY 2025) | -71.0% | New Delhi, Delhi, India | |||
| Cholan Paper and Board Private Limited | ₹37.51 Cr (FY 2025) | -13.0% | Kancheepuram Dt, Tamil Nadu, India | |||
| Punjab Paper Mills Private Limited | ₹37.5 Cr (FY 2025) | 189.0% | Ludhiana, Punjab, India | |||
| Papierus Packaging and Paper Private Limitedthis company | ₹37.41 Cr (FY 2025) | ₹19.91 Lakh | 0.5% | -15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Papierus Packaging and Paper Private Limited, buy the company report.
Auditor
Papierus Packaging and Paper Private Limited is audited by RAHUL GOSAR AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL GOSAR AND ASSOCIATES | FY 2023 | 117946W |
Shareholding
The shareholding of Papierus Packaging and Paper Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Papierus Packaging and Paper Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.67 Cr
Satisfied charges
₹26.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2025 | 101085176 | Standard Chartered Bank | ₹17.57 Cr | Open | |
| 27 Mar 2024 | 100892218 | Axis Bank Limited | ₹5.1 Cr | Open | |
| 14 Dec 2020 | 100411047 | Hdfc Bank Limited | ₹7.78 Cr | Satisfied | |
| 08 Sep 2017 | 100131325 | Others | ₹2.5 Cr | Satisfied | |
| 17 Mar 2017 | 100142432 | Others | ₹3.74 Cr | Satisfied |
To see the full charge records of Papierus Packaging and Paper Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Papierus Packaging and Paper Private Limited has 7 court cases on record: 7 filed by Papierus Packaging and Paper. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
7
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed by the company against M/S. Swadh'S Import and Export Pvt. Ltd. and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against M/S Sachin Arts India Pvt Ltd | Disposed |
| Bombay High Court | Court case (COMSS) | Filed by the company against Utility Printpack Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Utility Printpack Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Utility Printpack Pvt. Ltd. | Disposed |
To see the full case history of Papierus Packaging and Paper 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Papierus Packaging and Paper Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Papierus Packaging and Paper has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC4591P1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Papierus Packaging and Paper Private Limited, buy the company report.
Recent activity
Papierus Packaging and Paper Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Pramodkumar Bhogilal Vakharia ceased to be Director on 03 Jun 2017.
Charges
A charge registered on 14 Dec 2020 via Charge ID 100411047 with Hdfc Bank Limited was fully satisfied on 14 Oct 2025.
Charges
A charge registered on 03 Jan 2014 via Charge ID 10469338 with Hdfc Bank Limited was fully satisfied on 14 Oct 2025.
Charges
A charge registered on 17 Sep 2012 via Charge ID 10383341 with Hdfc Bank Limited was fully satisfied on 14 Oct 2025.
AGM
Papierus Packaging And Paper Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 17.57 Cr registered on 22 Apr 2025 with Charge ID 101085176 was modified on 26 Sep 2025.
Charges
A charge with Standard Chartered Bank amounted to Rs. 17.57 Cr with Charge ID 101085176 was registered on 22 Apr 2025.
Filing
Papierus Packaging And Paper Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.10 Cr with Charge ID 100892218 was registered on 27 Mar 2024.
Charges
A charge with Axis Bank Limited of Rs. 5.10 Cr registered on 27 Mar 2024 with Charge ID 100892218 was modified on 27 Mar 2024.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100142432 with Others was fully satisfied on 13 Dec 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 7.78 Cr registered on 14 Dec 2020 with Charge ID 100411047 was modified on 20 Apr 2021.
Charges
A charge registered on 08 Sep 2017 via Charge ID 100131325 with Others was fully satisfied on 07 Jan 2021.
22 earlier events are in the company report.
Frequently asked questions
Papierus Packaging and Paper is an active private limited company based in Mumbai, Maharashtra, India. The company works in wood and wood products, within the wood industry. It was incorporated on 15 June 1990 (36+ years old) and is registered under CIN U21093MH1990PTC056870.
Papierus Packaging and Paper has 2 current directors:
- Rikin Chetan Vakharia - Director
- Chetan Pramod Vakharia - Director
The latest financial statements of Papierus Packaging and Paper on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Papierus Packaging and Paper is 27AAACC4591P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Papierus Packaging and Paper is U21093MH1990PTC056870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Papierus Packaging and Paper has 7 court cases on record: 7 filed by the company. 1 is pending. Most are in the high courts.
Papierus Packaging and Paper was incorporated on 15 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Papierus Packaging and Paper by revenue are East West Products Limited, Cholan Paper and Board Private Limited, Punjab Paper Mills Private Limited, all in the Packaging industry (Industrial Packaging, Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Pramodkumar Bhogilal Vakharia ceased to be Director on 03 Jun 2017. Rasilaben Pramod Vakharia ceased to be Director on 25 Apr 2017. Rikin Chetan Vakharia was appointed as Director on 25 Apr 2017. Papierus Packaging and Paper has 4 board changes on record in total.
Yes, Papierus Packaging and Paper is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0004942).
Papierus Packaging and Paper can be reached through the website chetanpapers.net. Its registered office is in Mumbai, Maharashtra, India.
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