Durable Stationery Private Limited
About Durable Stationery Private Limited
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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.
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- 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
- 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 Durable Stationery Private Limited
The main business activity of Durable Stationery is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Durable Stationery Private Limited FY 2024 filings available
Durable Stationery Private Limited reported revenue of ₹2.89 Cr (up 1407% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Durable Stationery Private Limited
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 of Durable Stationery Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.37 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 Durable Stationery Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -151.5% | •••• | •••• | •••• | •••• |
| 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 Durable Stationery are in the company report.
Financial statements from 2015
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.
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 of Durable Stationery Private Limited
Durable Stationery Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Stationery). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Jita Multitraders Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | 138.0% | •••• | Kangayam, Tamil Nadu, India |
| Dundheshwar Farmer Producer Company Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Nashik, Maharashtra, India |
| Ji Agriculture India Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 584.0% | •••• | Kalanwali, Haryana, India |
| Anant Automats Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Uttar Pradesh, India |
| Durable Stationery Private Limited this company | ₹2.89 Cr (FY 2024) | •••• | •••• | 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 |
| Maa Tarini Poultries Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Ganjam, Odisha, India |
| Clean O Pack Producer Company Limited | ₹2.88 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Latur, Maharashtra, India |
| Balaji Agro Exim and Cold Storage Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Vaishali, Bihar, India |
Peers are the five companies nearest above and the five nearest below Durable Stationery by revenue in the Agriculture industry (Agro Retail and Distribution, Stationery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Durable Stationery Private Limited
Durable Stationery Private Limited is audited by Gosar & Gosar for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gosar & Gosar | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Durable Stationery Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Durable Stationery Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2015 | Tata Capital Financial Services Limited | ₹70 Cr | Satisfied |
| 06 Jan 2011 | Citi Bank N.A. | ₹43 Cr | Satisfied |
| 09 Sep 1999 | Bank of Baroda | ₹1.51 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Durable Stationery Private Limited
Employment history and EPFO contributions of people linked to Durable Stationery.
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.
Recent Activity on Durable Stationery Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Durable Stationery Private 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 Durable Stationery Private 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 Durable Stationery Private 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 Durable Stationery Private Limited
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 Durable Stationery Private 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 Durable Stationery Private Limited
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 reported revenue of ₹2.89 Cr for FY 2024 (up 1407% YoY).
Durable Stationery has 2 current directors:
- Hitesh Chhaganlal Gagarani - Director
- Lokesh Bansilal Jain - Director
Durable Stationery reported a net loss of ₹4.37 Cr (net margin -151.5%) and EBITDA of ₹2.89 Cr (EBITDA margin 99.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Durable Stationery is -38% over three years and 156% over five years. CAGR is the steady yearly rate that links the first and the last year.
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, Jita Multitraders Private Limited, Dundheshwar Farmer Producer Company Limited, Ji Agriculture India Private Limited, Anant Automats Private Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution, Stationery).
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 has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹10 Lakh.