Durable Stationery Private Limited
About Durable Stationery Private Limited
Data last updated:
Durable Stationery Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hedavkar Mechanical Works Llp. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 29 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36991MH1996PTC097740.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Hitesh Chhaganlal Gagarani and Lokesh Bansilal Jain.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.37 Cr (net margin -151.5%) and EBITDA of ₹2.89 Cr (EBITDA margin 99.9%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 156% over five years.
As per MCA filings, the company has satisfied charges of ₹114.51 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Durable Stationery Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. F – 1 1st Floor Shanti Nagar Co – Operative Industrial Estate Limited Vakola Santac, Ruz (East), Mumbai, Maharashtra, India – 400055
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Durable Stationery 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 Durable Stationery is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Durable Stationery Private Limited
FY 2024 filings availableDurable Stationery Private Limited reported revenue of ₹2.89 Cr (up 1407% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 156% over five years. EBITDA rose 234% 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 | ₹2.89 Cr | ||||
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| Net Profit (PAT) | -₹4.37 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 | 99.9% | ||||
| Net Profit Margin | -151.5% | ||||
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To see the full financial statements and ratios of Durable Stationery Private Limited, buy the company report.
Board of directors of Durable Stationery Private Limited
Durable Stationery has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Chhaganlal Gagarani Also directs: Lifestyle Property Ventures Private Limited, Corporate Stationery Private Limited, Karmayog Builders Private Limited and 5 more | Director | 30 Nov 2016 | 9 Years 10 Months | Current |
| Lokesh Bansilal Jain Also directs: Kara Property Ventures LLP, Klassik Vinyl Products LLP, Kalpataru Urbanscape LLP and 5 more | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Durable Stationery Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Stationery), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaivik India Bio Energy Farmer Producer Company Limited | ₹2.9 Cr (FY 2024) | 4.0% | Moradabad, Uttar Pradesh, India | |||
| Durable Stationery Private Limitedthis company | ₹2.89 Cr (FY 2024) | -₹4.37 Cr | -151.5% | 1407.0% | Mumbai, Maharashtra, India | |
| Sharan Organic Stores Private Limited | ₹2.89 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Anushka Biotech Private Limited | ₹2.88 Cr (FY 2024) | -25.0% | Barasat, West Bengal, India | |||
| Balaji Agro Exim and Cold Storage Private Limited | ₹2.88 Cr (FY 2025) | 45.0% | Vaishali, Bihar, India |
To see the full peer comparison of Durable Stationery Private Limited, buy the company report.
Auditor
Durable Stationery Private Limited is audited by Gosar & Gosar for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gosar & Gosar | FY 2022 | 103332W |
Shareholding
The shareholding of Durable Stationery Private Limited is on record for 5 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 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Durable Stationery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2015 | 10615803 | Tata Capital Financial Services Limited | ₹70 Cr | Satisfied | |
| 06 Jan 2011 | 10264030 | Citi Bank N.A. | ₹43 Cr | Satisfied | |
| 09 Sep 1999 | 90152356 | Bank of Baroda | ₹1.51 Cr | Satisfied |
To see the full charge records of Durable Stationery Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Durable Stationery 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 Durable Stationery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Durable Stationery Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Durable Stationery Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Hitesh Chhaganlal Gagarani ceased to be Additional Director on 28 Sep 2017.
7 earlier events are in the company report.
Frequently asked questions
Durable Stationery is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 29 February 1996 (30+ years old) and is registered under CIN U36991MH1996PTC097740.
Durable Stationery has 2 current directors:
- Hitesh Chhaganlal Gagarani - Director
- Lokesh Bansilal Jain - Director
The latest financial statements of Durable Stationery on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Durable Stationery is U36991MH1996PTC097740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Durable Stationery was incorporated on 29 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Durable Stationery by revenue are Jaivik India Bio Energy Farmer Producer Company Limited, Sharan Organic Stores Private Limited, Anushka Biotech Private Limited, Balaji Agro Exim and Cold Storage Private Limited, all in the Agriculture industry (Agro Retail and Distribution, Stationery), with the same principal business activity (wholesale trading).
Hitesh Chhaganlal Gagarani ceased to be Additional Director on 28 Sep 2017. Hitesh Chhaganlal Gagarani was appointed as Director on 30 Nov 2016. Uday Kumar Dattatrey Dharmadhikari ceased to be Director on 30 Nov 2016. Durable Stationery has 9 board changes on record in total.
The registered office of Durable Stationery is at Unit No. F – 1 1st Floor Shanti Nagar Co – Operative Industrial Estate Limited Vakola Santac, Ruz East, Mumbai, Maharashtra, India – 400055.
Durable Stationery operates in the agriculture industry, in the agro retail and distribution segment.
Durable Stationery has no open charges and satisfied charges of ₹114.51 Cr as per latest MCA filings.
The compliance status of Durable Stationery is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.