- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-12-0010693

About Elasto Tapes Limited
Data last updated:
Elasto Tapes Limited is a public limited company based in Thiruvananthapuram, Kerala, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 19 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24295KL1997PLC011976. Its GSTIN is 32AAACE6002H1ZB (Kerala).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.99 Lakh. It is led by directors including Sangeetha Balagopal and Ganesh Padmanabhan.
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 Sree Padmam40/802 Sreevaraham, Thiruvananthapuram, Kerala, India – 695009.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.34 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹35,590 (net margin -1.4%) and EBITDA of ₹62,870 (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 33% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.76 Lakh and satisfied charges of ₹1.22 Cr on record.
Elasto Tapes Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0010693). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemsgroupindia.com.
Recognitions & Rankings of Elasto Tapes
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSree Padmam40/802 Sreevaraham, Thiruvananthapuram, Kerala, India – 695009
- IndustryPackaging, Industrial Packaging Solutions
- 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
The main business activity of Elasto Tapes is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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
Financials of Elasto Tapes Limited
FY 2025 filings availableElasto Tapes Limited reported revenue of ₹25.34 Lakh (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 7% fall in the latest year. EBITDA rose 131% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹62,870 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹35,590 | |
| 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.5% | |
| Net Profit Margin | -1.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Elasto Tapes are in the company report.
: available in the company report
Board of Directors of Elasto Tapes Limited
Elasto Tapes has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeetha Balagopal | Director | 19 Dec 1997 | 28 Years 10 Months | Current |
| Ganesh Padmanabhan | Director | 15 Jul 1998 | 28 Years 3 Months | Current |
| Koushik | Additional Director | 02 Aug 2018 | 8 Years 2 Months | Current |
| Sudha Rama Iyer | Director | 19 Dec 1997 | 28 Years 10 Months | Current |
| Ravichandran Rajan | Director | 10 Dec 1998 | 27 Years 10 Months | Current |
Auditor Details
Elasto Tapes Limited is audited by SRIDHAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRIDHAR & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2004 | State Bank of Travancore | ₹1.76 Lakh | Open |
| 06 Jan 2004 | State Bank of Travancore | ₹5 Lakh | Open |
| 12 Oct 1999 | State Bank of Travancore | ₹40 Lakh | Open |
| 17 Feb 1999 | State Bank of Travancore | ₹60 Lakh | Satisfied |
| 24 Aug 1998 | Kerala State Industrial Development Corporation | ₹62 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance
Elasto Tapes Limited has a workforce of 2 employees as of Sep 23, 2025.
: available in the company report
Recent Activity
Elasto Tapes Limited has 8 board changes on record since 1997: 5 appointments and 3 cessations. The latest: Koushik was appointed as Additional Director on 02 Aug 2018.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Elasto Tapes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACE6002H1ZB | Kerala | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Elasto Tapes is an active public limited company based in Thiruvananthapuram, Kerala, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 19 December 1997 (29+ years old) and is registered under CIN U24295KL1997PLC011976.
Elasto Tapes has 5 current directors:
- Sangeetha Balagopal - Director
- Ganesh Padmanabhan - Director
- Koushik - Additional Director
- Sudha Rama Iyer - Director
- Ravichandran Rajan - Director
The latest financial statements of Elasto Tapes 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 Elasto Tapes is 32AAACE6002H1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Elasto Tapes is U24295KL1997PLC011976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elasto Tapes was incorporated on 19 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ernakulam.
Koushik was appointed as Additional Director on 02 Aug 2018. Ganesh Padmanabhan ceased to be Managing Director on 10 Aug 2015. Philomena Rasiah ceased to be Director on 25 May 2013. Elasto Tapes has 8 board changes on record in total.
Yes, Elasto Tapes is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0010693).
Elasto Tapes can be reached through the website gemsgroupindia.com. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Elasto Tapes is at Sree Padmam40802 Sreevaraham, Thiruvananthapuram, Kerala, India – 695009.