- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0095281

Doxa Flexibles Private Limited
About Doxa Flexibles Private Limited
Data last updated:
Doxa Flexibles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC105324. Its GSTIN is 24AAGCD9656C1ZN (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Renji Rajan David and Rajan Manakakarote David.
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 Plot No.14 – 15 Indus Industrial Park Opp. Pharmeze SEZ Village – Matoda Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.82 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹82,530 (net margin 21.6%) and EBITDA of ₹97,870 (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 448% over three years and 91% over five years.
Doxa Flexibles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0095281).
Company details
Recognitions & Rankings of Doxa Flexibles
Contact details
Doxa Flexibles Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.14 – 15 Indus Industrial Park Opp. Pharmeze SEZ Village – Matoda Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Doxa Flexibles 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
Financials of Doxa Flexibles Private Limited
FY 2025 filings availableDoxa Flexibles Private Limited reported revenue of ₹3.82 Lakh (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 91%. EBITDA fell 81% 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 | ₹97,870 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹82,530 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | 21.6% | ||||
| 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 Doxa Flexibles Private Limited, buy the company report.
Board of directors of Doxa Flexibles Private Limited
Doxa Flexibles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renji Rajan David Also directs: Alpha Roto Machines Private Limited | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Rajan Manakakarote David Also directs: Alpha Roto Machines Private Limited | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Alice Rajan Also directs: Alpha Roto Machines Private Limited | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Aksa Rajan David Also directs: Alpha Roto Machines Private Limited | Director | 16 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Doxa Flexibles Private Limited is compared with the 10 companies closest to it by revenue in the Packaging industry (Films and Foils), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Star Polypack Pvt Ltd | ₹5.13 Lakh (FY 2017) | 10.0% | Bhiwadi, Alwar, Rajasthan, India | |||
| Fogo Ware Private Limited | ₹4.89 Lakh (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Northern Coating Private Limited | ₹4.45 Lakh (FY 2025) | -58.0% | Delhi, India | |||
| Maxim Labelling (Delhi) Private Limited | ₹4.18 Lakh (FY 2024) | 3.0% | Parwanoo, Himachal Pradesh, India | |||
| Slogan Polyfilms Private Limited | ₹3.93 Lakh (FY 2025) | Tankara, Gujarat, India | ||||
| Doxa Flexibles Private Limitedthis company | ₹3.82 Lakh (FY 2025) | ₹82,530 | 21.6% | -62.0% | Ahmedabad, Gujarat, India | |
| Navkar Labels Private Limited | ₹3.67 Lakh (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Apex Tapes Private Limited | ₹3.6 Lakh (FY 2025) | Telangana, India | ||||
| Archan Co-Poly Packs Pvt Ltd | ₹3.54 Lakh (FY 2025) | 64.0% | Rajkot, Gujarat, India | |||
| Vrindaban Laminators Private Limited | ₹3.15 Lakh (FY 2016) | -37.0% | Uttar Pradesh, India | |||
| Doypack Systems Private Limited | ₹3.07 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Doxa Flexibles Private Limited, buy the company report.
Auditor
Doxa Flexibles Private Limited is audited by BONYSHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BONYSHAH & CO. | FY 2023 | 131458W |
Shareholding
The shareholding of Doxa Flexibles Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Doxa Flexibles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Doxa Flexibles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Doxa Flexibles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Doxa Flexibles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCD9656C1ZN | Gujarat | Active | 04 Jan 2019 |
To see the full GST registrations and return filing status of Doxa Flexibles Private Limited, buy the company report.
Recent activity
Doxa Flexibles Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Aksa Rajan David ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Doxa Flexibles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC105324.
Doxa Flexibles has 4 current directors:
- Renji Rajan David - Director
- Rajan Manakakarote David - Director
- Alice Rajan - Director
- Aksa Rajan David - Director
The latest financial statements of Doxa Flexibles 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 FY 2019 are in the company report.
The GSTIN of Doxa Flexibles is 24AAGCD9656C1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Doxa Flexibles is U74999GJ2018PTC105324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Doxa Flexibles was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Doxa Flexibles by revenue are Star Polypack Pvt Ltd, Fogo Ware Private Limited, Northern Coating Private Limited, Maxim Labelling (Delhi) Private Limited, Slogan Polyfilms Private Limited and 5 more, all in the Packaging industry (Films and Foils).
Aksa Rajan David ceased to be Additional Director on 29 Sep 2023. Aksa Rajan David was appointed as Director on 16 Nov 2022. Alice Rajan was appointed as Director on 27 Nov 2018. Doxa Flexibles has 5 board changes on record in total.
Yes, Doxa Flexibles is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0095281).
The registered office of Doxa Flexibles is at Plot No.14 – 15 Indus Industrial Park Opp. Pharmeze SEZ Village – Matoda Sanand, Ahmedabad, Gujarat, India – 382213.
Doxa Flexibles operates in the packaging industry, in the packaging films and foils segment.

