- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-03-0007539

About Disha Industries Private Limited
Data last updated:
Disha Industries Private Limited is a private limited company based in Delhi, India, a subsidiary of Payaswini Steel Private Limited. It operates in the paper segment of the packaging sector. It was incorporated on 04 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL1995PTC074289. Its GSTIN is 09AACCD9927E1ZH (Uttar Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.74 Cr. It was formerly known as Disha Industries Limited. It is led by directors including Karan Swarup and Ram Avtar Mittal.
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 House No 211 – 212 Ground Floor Blk – A Pkt 7, Sec 17 Rohini Landmark Ojas Public School, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹207.4 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 0.6%) and EBITDA of ₹16.35 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹123.94 Cr and satisfied charges of ₹8.38 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending. The company has 20 deals on record (15 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹23.79 Cr; the latest was in March 2024. Its 6 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 3 smaller; the largest is Aaditya Paptech Private Limited with revenue of ₹211.26 Cr.
Disha Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0007539). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dishaindustries.org.
Company details
CIN history
Disha Industries has one previous CIN (Corporate Identification Number): U74900DL1995PLC074289. The current CIN is U74900DL1995PTC074289, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL1995PTC074289 | Current |
| U74900DL1995PLC074289 | Previous |
Recognitions & Rankings of Disha Industries
Contact details
Disha Industries Private Limited's registered office is in Delhi, Delhi. Its website is dishaindustries.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No 211 – 212 Ground Floor Blk – A Pkt 7, Sec 17 Rohini Landmark Ojas Public School, Delhi, India – 110085
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Disha Industries 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 Disha Industries 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 Disha Industries Private Limited, buy the company report.
Financials of Disha Industries Private Limited
FY 2025 filings availableDisha Industries Private Limited reported revenue of ₹207.4 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 27% growth in the latest year. EBITDA rose 63% 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 |
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| EBITDA | ₹16.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.17 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Disha Industries Private Limited, buy the company report.
Board of directors of Disha Industries Private Limited
Disha Industries has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Swarup Also directs: Crystal Balaji Industries Private Limited, Payaswini Steel Private Limited, GKM Sugars Private Limited and 1 more | Director | 17 Jul 2014 | 12 Years 3 Months | Current |
| Ram Avtar Mittal Also directs: Karshni Extrusion Private Limited | Director | 20 May 2023 | 3 Years 5 Months | Current |
| Sapna Kumar Also directs: Crystal Balaji Industries Private Limited, M.S.D.Papers Limited, Payaswini Steel Private Limited and 2 more | Director | 27 Apr 2024 | 2 Years 6 Months | Current |
| Manoj Gupta Also directs: Rituraaj Containers LLP, Trivikram SM Enterprises Private Limited, Tirupati Balaji Media Networking Private Limited and 1 more | Director | 20 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Disha Industries Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 |
|---|---|---|---|---|---|---|
| Aaditya Paptech Private Limited | ₹211.26 Cr (FY 2025) | 16.0% | Dahegam, Gujarat, India | |||
| Agarwal Duplex Board Mills Ltd. | ₹209.08 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Vishal Papertech (India) Limited | ₹207.55 Cr (FY 2024) | -27.0% | Punjab, India | |||
| Disha Industries Private Limitedthis company | ₹207.4 Cr (FY 2025) | ₹1.17 Cr | 0.6% | 27.0% | 77 | Delhi, India |
| Sattur Sri Venkateshwara Duplex Boards Private Limited | ₹204.24 Cr (FY 2025) | -8.0% | Sattur, Tamil Nadu, India | |||
| Wadpack Private Limited | ₹202.25 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| Monad Technologies Private Limited | ₹200.28 Cr (FY 2016) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Disha Industries Private Limited, buy the company report.
Auditor
Disha Industries Private Limited is audited by Rajeev Singal& Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajeev Singal& Co. | FY 2024 | 008692C |
Shareholding
The shareholding of Disha Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Disha Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101065695 | Indian Bank | ₹60 Cr | Open | |
| 18 Mar 2024 | 100899798 | Indian Bank | ₹9.75 Cr | Open | |
| 08 Dec 2023 | 100858489 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 17 Nov 2023 | 100841148 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 29 Oct 2021 | 100511063 | Indian Bank | ₹4.3 Cr | Open |
To see the full charge records of Disha Industries Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Disha Industries Private Limited has 20 deals on record (15 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹23.79 Cr; the latest was in March 2024.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Payaswini Steel Private Limited , 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Gaurav Swarup Bansal & Sons (HUF), 3 individuals Seller: Payaswini Steel Private Limited , 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Payaswini Steel Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Payaswini Steel Private Limited Seller: Jyoti Global Private Limited |
To see the full deal history of Disha Industries 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
Disha Industries Private Limited has 11 court cases on record: 5 filed by Disha Industries, 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 0 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WTAX) | Filed by the company against Union of India and 5 Others | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Arbitration matter | Filed by the company against M/S Kishan Paper Chem | Disposed |
| District court, Muzaffarnagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, Muzaffarnagar, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by M/S Kishan Paper Cam Industrial State | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Arbitration matter | Filed by the company against M/S Kishan Paper Chem | Disposed |
To see the full case history of Disha Industries 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 Disha Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Disha Industries Private Limited has a workforce of 77 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 77 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Disha Industries Private Limited, buy the company report.
GST
Disha Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCD9927E1ZH | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Disha Industries Private Limited, buy the company report.
Recent activity
Disha Industries Private Limited has 18 board changes on record since 2010: 4 appointments and 14 cessations. The latest: Sapna Kumar ceased to be Additional Director on 29 Sep 2024.
26 earlier events are in the company report.
Frequently asked questions
Disha Industries is an active private limited company based in Delhi, India. The company works in paper, within the packaging industry. It was incorporated on 04 December 1995 (31+ years old) and is registered under CIN U74900DL1995PTC074289.
Disha Industries has 4 current directors:
- Karan Swarup - Director
- Ram Avtar Mittal - Director
- Sapna Kumar - Director
- Manoj Gupta - Director
The latest financial statements of Disha Industries 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 Disha Industries is 09AACCD9927E1ZH, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Disha Industries is U74900DL1995PTC074289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Disha Industries has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Disha Industries was incorporated on 04 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Disha Industries has 20 deals on record (15 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹23.79 Cr; the latest was in March 2024.
The peers of Disha Industries by revenue are Aaditya Paptech Private Limited, Agarwal Duplex Board Mills Ltd, Vishal Papertech (India) Limited, Sattur Sri Venkateshwara Duplex Boards Private Limited, Wadpack Private Limited and 1 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Sapna Kumar ceased to be Additional Director on 29 Sep 2024. Sapna Kumar was appointed as Director on 27 Apr 2024. Manoj Gupta ceased to be Additional Director on 29 Sep 2023. Disha Industries has 18 board changes on record in total.
Yes, Disha Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-03-0007539).

