About Diyan Papers LLP
Data last updated:
Diyan Papers LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 21 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAG-0018. Its GSTIN is 24AAMFD1874F1ZH (Gujarat).
The LLP has a total obligation of contribution of ₹25 Cr. It is led by designated partners including Jaydeep Dalsukhbhai Patel and Sohanveer Singh Malik.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Morbi, Gujarat.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹446.79 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹7.04 Cr (net margin -1.6%) and EBITDA of ₹14.01 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The LLP has about 9 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Diyan Papers. As per MCA filings, the LLP has open charges of ₹72.91 Cr and satisfied charges of ₹94.16 Cr on record. Court records list 31 cases involving the LLP, including 25 filed by the LLP and 6 filed against it; 11 cases are pending.
For more details, the LLP can be reached via its website diyanpapers.com.
Company details
Contact details
Diyan Papers LLP's registered office is in Morbi, Gujarat. Its website is diyanpapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.199/1 199/2 200/1 203/1 203/2 203/3P1 203/3P2 8 – A National Highway Sartanparroad At. R, Atavrida, Morbi, Gujarat, India – 363621
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Diyan Papers LLP, 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
Brands
Diyan Papers operates one associated brand: Diyan Papers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures duplex boards and paper products from recycled materials in Gujarat. | diyanpapers.com |
Financials of Diyan Papers LLP
FY 2025 filings availableDiyan Papers LLP reported revenue of ₹446.79 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. 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
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹446.79 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | -₹7.04 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -1.6% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Diyan Papers LLP, buy the company report.
Designated partners of Diyan Papers LLP
Diyan Papers has 4 current designated partners and 12 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydeep Dalsukhbhai Patel Also directs: Vrboda Exim LLP | Designated Partner | 21 Mar 2016 | 10 Years 7 Months | Current |
| Sohanveer Singh Malik Also directs: Bhagwati Global Steel Manufacturers Private Limited | Designated Partner | 07 Oct 2024 | 2 Years 0 Months | Current |
| Kishan Baldevbhai Nayakpara | Designated Partner | 07 Oct 2024 | 2 Years 0 Months | Current |
| Parth Dalsukhbhai Boda Also directs: Vrboda Exim LLP | Designated Partner | 07 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Diyan Papers LLP is compared with the 10 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GVG Paper Mills Private Limited | ₹670.22 Cr (FY 2025) | 2.0% | Udumalpet, Tamil Nadu, India | |||
| Dev Priya Products Private Limited | ₹616.22 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Sripathi Paper and Boards Private Limited | ₹594.16 Cr (FY 2025) | 3.0% | Sathyamangalam, Tamil Nadu, India | |||
| Sidharth Papers Private Limited | ₹590.5 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Rubfila International Ltd | ₹556.54 Cr (FY 2025) | 17.0% | Palakkad, Kerala, India | |||
| R A Kraft Paper Private Limited | ₹526.11 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Nithya Packaging Private Limited | ₹511.74 Cr (FY 2023) | -2.0% | Puducherry, India | |||
| B&B Triplewall Containers Limited | ₹492.73 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India | |||
| Orchid Laminates Private Limited | ₹468.11 Cr (FY 2024) | -21.0% | Bangalore, Karnataka, India | |||
| Prem Industries India Limited | ₹460.48 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Diyan Papers LLPthis company | ₹446.79 Cr (FY 2024) | -₹7.04 Cr | -1.6% | -21.0% | 9 | Morbi, Gujarat, India |
To see the full peer comparison of Diyan Papers LLP, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2024 | 101003605 | Kotak Mahindra Bank Limited | ₹41 Lakh | Open | |
| 27 May 2022 | 100601692 | Icici Bank Limited | ₹40 Cr | Open | |
| 27 Jan 2021 | 100412788 | Hdfc Bank Limited | ₹32.5 Cr | Open | |
| 29 Nov 2019 | 100303938 | Hdfc Bank Limited | ₹65 Cr | Satisfied | |
| 07 Mar 2017 | 100087613 | State Bank of India | ₹29.16 Cr | Satisfied |
To see the full charge records of Diyan Papers LLP, buy the company report.
Total charge records: 5 View all charges
Legal cases
Diyan Papers LLP has 31 court cases on record: 25 filed by Diyan Papers, 6 filed against it. 11 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 5 | 11 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against Shitla Papers Pvt Ltd and 2 others | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against Incite Home Care Products Pvt Ltd and 3 others | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Neelu Agarwal - Jagdamba Inc | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Diyan Papers LLP, 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 Diyan Papers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Diyan Papers LLP has a workforce of 9 employees on its EPFO records as of Nov 25, 2024, across 1 active EPFO establishment.
GST
Diyan Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMFD1874F1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diyan Papers LLP, buy the company report.
Recent activity
Diyan Papers LLP has 16 designated partner changes on record since 2016: 11 appointments and 5 cessations. The latest: Baldevbhai Devjibhai Nayakpara was appointed as Partner on 07 Oct 2024.
17 earlier events are in the company report.
Frequently asked questions
Diyan Papers is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in paper, within the packaging industry. It was incorporated on 21 March 2016 (10+ years old) and is registered under LLPIN AAG-0018.
Diyan Papers has 4 current designated partners:
- Jaydeep Dalsukhbhai Patel - Designated Partner
- Sohanveer Singh Malik - Designated Partner
- Kishan Baldevbhai Nayakpara - Designated Partner
- Parth Dalsukhbhai Boda - Designated Partner
The latest financial statements of Diyan Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Diyan Papers is 24AAMFD1874F1ZH, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Diyan Papers is AAG-0018. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Diyan Papers has 31 court cases on record: 25 filed by the LLP and 6 filed against it. 11 are pending. Most are in the district courts.
Diyan Papers was incorporated on 21 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Diyan Papers by revenue are GVG Paper Mills Private Limited, Dev Priya Products Private Limited, Sripathi Paper and Boards Private Limited, Sidharth Papers Private Limited, Rubfila International Ltd and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Baldevbhai Devjibhai Nayakpara was appointed as Partner on 07 Oct 2024. Dhiren Pranjivanbhai Kasundra ceased to be Designated Partner on 07 Oct 2024. Javed Ali was appointed as Partner on 07 Oct 2024. Diyan Papers has 16 designated partner changes on record in total.
Diyan Papers can be reached through the website diyanpapers.com. Its registered office is in Morbi, Gujarat, India.
The registered office of Diyan Papers is at S.No.1991 1992 2001 2031 2032 2033P1 2033P2 8 – A National Highway Sartanparroad At. R, Atavrida, Morbi, Gujarat, India – 363621.