
About Citrus Packaging Solutions Private Limited
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Citrus Packaging Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 07 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PTC119387. Its GSTIN is 36AAHCC1842Q1Z9 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.1 Cr. It is led by directors including Chenga Reddy Modem and Abiram Reddy Modem.
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 8 – 2 – 270 Block – 1 5th Floor Up Town Banjara Road No 3 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.9 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹12.05 Cr (net margin 26.8%) and EBITDA of ₹15.49 Cr (EBITDA margin 34.5%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 67% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.6 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2019.
Citrus Packaging Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0023032). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citruspack.com.
Company details
Recognitions & Rankings of Citrus Packaging Solutions
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0023032
Contact details
Citrus Packaging Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is citruspack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – 2 – 270 Block – 1 5th Floor Up Town Banjara Road No 3 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Citrus Packaging Solutions Private 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 Citrus Packaging Solutions 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 Citrus Packaging Solutions Private Limited, buy the company report.
Financials of Citrus Packaging Solutions Private Limited
FY 2024 filings availableCitrus Packaging Solutions Private Limited reported revenue of ₹44.9 Cr (up 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 59% growth in the latest year. EBITDA rose 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹15.49 Cr | ||||
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| Net Profit (PAT) | ₹12.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 34.5% | ||||
| Net Profit Margin | 26.8% | ||||
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To see the full financial statements and ratios of Citrus Packaging Solutions Private Limited, buy the company report.
Board of directors of Citrus Packaging Solutions Private Limited
Citrus Packaging Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chenga Reddy Modem Also directs: Citrus Innovations LLP | Director | 07 Sep 2017 | 9 Years 1 Months | Current |
| Abiram Reddy Modem Also directs: Citrus Innovations LLP | Director | 10 May 2022 | 4 Years 5 Months | Current |
| Hanumantha Rao Bongu | Director | 07 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Citrus Packaging Solutions Private Limited is audited by Manohar Chowdary&Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manohar Chowdary&Associates | FY 2021 | 001997S |
Shareholding
The shareholding of Citrus Packaging Solutions Private 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Citrus Packaging Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2018 | 100168849 | State Bank of India | ₹2 Cr | Open | |
| 01 Jun 2020 | 100369232 | State Bank of India | ₹1.6 Cr | Satisfied |
To see the full charge records of Citrus Packaging Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Citrus Packaging Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2019.
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹4.24 Cr | Investors: 4 individuals |
To see the full deal history of Citrus Packaging Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Citrus Packaging Solutions Private Limited has 2 court cases on record: 1 filed by Citrus Packaging Solutions, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by individuals | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Southern Power Distribution Company Ltd and 6 others | Pending |
To see the full case history of Citrus Packaging Solutions 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 Citrus Packaging Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Citrus Packaging Solutions Private Limited has a workforce of 73 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Citrus Packaging Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCC1842Q1Z9 | Telangana | Active | 01 Nov 2017 |
| 29AAHCC1842Q1Z4 | Karnataka | Active | 17 Jun 2022 |
To see the full GST registrations and return filing status of Citrus Packaging Solutions Private Limited, buy the company report.
Recent activity
Citrus Packaging Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Abiram Reddy Modem was appointed as Director on 10 May 2022.
Frequently asked questions
Citrus Packaging Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 07 September 2017 (9+ years old) and is registered under CIN U74999TG2017PTC119387.
Citrus Packaging Solutions has 3 current directors:
- Chenga Reddy Modem - Director
- Abiram Reddy Modem - Director
- Hanumantha Rao Bongu - Director
The latest financial statements of Citrus Packaging Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Citrus Packaging Solutions is 36AAHCC1842Q1Z9, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCC1842Q1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Citrus Packaging Solutions is U74999TG2017PTC119387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrus Packaging Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Citrus Packaging Solutions was incorporated on 07 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Citrus Packaging Solutions has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2019.
Abiram Reddy Modem was appointed as Director on 10 May 2022. Chenga Reddy Modem was appointed as Director on 07 Sep 2017. Hanumantha Rao Bongu was appointed as Director on 07 Sep 2017.
Yes, Citrus Packaging Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).