About Craftech Paper Mills Limited
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Craftech Paper Mills Limited is a public limited company based in Latur, Maharashtra, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 06 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21024MH2016PLC285602. Its GSTIN is 27AAGCC6234P1Z7 (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹13.8 Cr. It was formerly known as Craftech Paper Mills Private Limited. It is led by directors including Suryakant Bansilal Karwa (Managing Director) and Brinda Yash Karwa.
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 Karwa Complex Opp Panchayat Office Main Road, Latur, Maharashtra, India – 413512.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.72 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Cr (net margin 3.2%) and EBITDA of ₹10.53 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹19.81 Cr and satisfied charges of ₹33.75 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in January 2022. Its 10 peer companies in the Manufacturing industry (Paper) are compared by revenue, 5 larger and 5 smaller; the largest is Hanumant Paper Mills Private Limited with revenue of ₹104.9 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website craftechpaper.com.
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- Registered AddressKarwa Complex Opp Panchayat Office Main Road, Latur, Maharashtra, India – 413512
- IndustryManufacturing, Paper & 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 Craftech Paper Mills Limited
The main business activity of Craftech Paper Mills is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| 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 Craftech Paper Mills Limited FY 2024 filings available
Craftech Paper Mills Limited reported revenue of ₹100.72 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Craftech Paper Mills Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 24% growth in the latest year. EBITDA rose 42% 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 Craftech Paper 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.22 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 Craftech Paper Mills Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Craftech Paper Mills are in the company report.
Financial statements from FY 2017
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 Craftech Paper Mills Limited
Craftech Paper 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 |
|---|---|---|---|---|---|---|
| Hanumant Paper Mills Private Limited | ₹104.9 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | New Delhi, Delhi, India |
| Sayaji Paper Private Limited | ₹103.6 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| V.V.G. Paper Industry Private Limited | ₹103.27 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Hosur, Tamil Nadu, India |
| Sri Ramadas Paper Boards Private Limited | ₹102.68 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Rajahmundry, Andhra Pradesh, India |
| Aristocraft Papers Private Limited | ₹102.27 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Muzaffarnagar, Uttar Pradesh, India |
| Craftech Paper Mills Limited this company | ₹100.72 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Latur, Maharashtra, India |
| LGPL Paper Industries Private Limited | ₹100.01 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Paper Udyog (Bombay) Private Limited | ₹99.21 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Sonal Paper Agencies Private Limited | ₹98.63 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Subam Paper and Boards Private Limited | ₹98.24 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Sopan Paper Mill Private Limited | ₹98.23 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Wankaner, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Craftech Paper 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.
Board of Directors and KMP of Craftech Paper Mills Limited
Craftech Paper Mills Limited currently reports 4 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryakant Bansilal Karwa Also directs: Karwa Energy and Infrastructure Private Limited | Managing Director | 06 Sep 2016 | 10 Years 1 Months | Current |
| Yash Suryakant Karwa Also directs: Karwa Energy and Infrastructure Private Limited | Cfo | 24 Sep 2025 | 1 Years 0 Months | Current |
| Brinda Yash Karwa | Director | 06 Aug 2025 | 1 Years 2 Months | Current |
| Avinash Ashok Mandhana | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Pawan Balkisan Daga | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Charges & Borrowings of Craftech Paper Mills Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2024 | Hdfc Bank Limited | ₹19.81 Cr | Open |
| 31 Mar 2018 | Others | ₹33.75 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Craftech Paper Mills Limited
Craftech Paper Mills Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in January 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Rights issue | ₹4 Cr | Investors: 4 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Rights issue | ₹3.99 Cr | Investors: 4 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Craftech Paper Mills Limited
Employment history and EPFO contributions of people linked to Craftech Paper Mills.
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 Craftech Paper Mills Limited
Craftech Paper Mills has one previous CIN (Corporate Identification Number): U21024MH2016PTC285602. The current CIN is U21024MH2016PLC285602, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21024MH2016PLC285602 | Current |
| U21024MH2016PTC285602 | Previous |
Recent Activity on Craftech Paper Mills Limited
Craftech Paper Mills Limited has 10 board changes on record since 2016: 5 appointments and 5 cessations. The latest: Avinash Ashok Mandhana was appointed as Director on 30 Sep 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Craftech Paper 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 Craftech Paper 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 Craftech Paper 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 Craftech Paper Mills Limited
Craftech Paper Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC6234P1Z7 | Maharashtra | Active | 01 Jul 2017 |
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 Craftech Paper 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 Craftech Paper Mills Limited
Craftech Paper Mills is an active public limited company based in Latur, Maharashtra, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 06 September 2016 (10+ years old) and is registered under CIN U21024MH2016PLC285602.
Craftech Paper Mills reported revenue of ₹100.72 Cr for FY 2025 (up 24% YoY).
Craftech Paper Mills has 5 current directors and KMP:
- Suryakant Bansilal Karwa - Managing Director
- Brinda Yash Karwa - Director
- Avinash Ashok Mandhana - Director
- Pawan Balkisan Daga - Director
- Yash Suryakant Karwa - Cfo
Craftech Paper Mills reported a net profit of ₹3.22 Cr (net margin 3.2%) and EBITDA of ₹10.53 Cr (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Craftech Paper Mills is 3% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Craftech Paper Mills is 27AAGCC6234P1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Craftech Paper Mills is U21024MH2016PLC285602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Craftech Paper Mills was incorporated on 06 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Craftech Paper Mills has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in January 2022.
The peers of Craftech Paper Mills by revenue are Hanumant Paper Mills Private Limited, Sayaji Paper Private Limited, V.V.G. Paper Industry Private Limited, Sri Ramadas Paper Boards Private Limited, Aristocraft Papers Private Limited and 5 more, all in the Manufacturing industry (Paper).
Avinash Ashok Mandhana was appointed as Director on 30 Sep 2025. Pawan Balkisan Daga was appointed as Director on 30 Sep 2025. Yash Suryakant Karwa was appointed as CFO on 24 Sep 2025. Craftech Paper Mills has 10 board changes on record in total.