MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-02-0014815
Ethan Packers Private Limited - packaging in Kizhakkambalam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹16.08 Cr
▲ 14% YoY
Net profit · FY 2023
₹26.03 Lakh
Net margin 1.6%
EBITDA · FY 2023
₹1.45 Cr
EBITDA margin 9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹4.19 Cr
Satisfied ₹16 Lakh
Company age
13 yrs
Est. 2013
Employees · EPFO
73
Provident fund records
About Ethan Packers Private Limited
Data last updated:
Ethan Packers Private Limited is a private limited company based in Kizhakkambalam, Kerala, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 12 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74900KL2013PTC034532. Its GSTIN is 32AADCE4325L1ZT (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Lito Baby (Managing Director) and Mini Varghese.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10/161M Puthiya Kurish Njaralloor, Kizhakkambalam, Kerala, India – 683562.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.08 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹26.03 Lakh (net margin 1.6%) and EBITDA of ₹1.45 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 27% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ethan Packers. As per MCA filings, the company has open charges of ₹4.19 Cr and satisfied charges of ₹16 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Ethan Packers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0014815). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethanpackers.com.
Company details
CIN U74900KL2013PTC034532
Registration Number 034532
Incorporation Date 12 July 2013
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-02-0014815
Recognitions & Rankings of Ethan Packers
Contact details
Ethan Packers Private Limited's registered office is in Kizhakkambalam, Kerala. Its website is ethanpackers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10/161M Puthiya Kurish Njaralloor, Kizhakkambalam, Kerala, India – 683562
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Ethan Packers Private Limited, buy the company report.
Comprehensive company report
Ethan Packers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Ethan Packers operates one associated brand: Ethan Packers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying packaging materials for various industries. | ethanpackers.com |
Business activity
The main business activity of Ethan Packers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Ethan Packers Private Limited, buy the company report.
Financials of Ethan Packers Private Limited
FY 2024 filings availableEthan Packers Private Limited reported revenue of ₹16.08 Cr (up 14% YoY) for FY 2023.
Revenue · FY 2023
₹16.08 Cr ▲ 14%
Net profit · FY 2023
₹26.03 Lakh margin 1.6%
EBITDA · FY 2023
₹1.45 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 19%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 25%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 14% growth in the latest year. EBITDA rose 21% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.03 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Ethan Packers Private Limited, buy the company report.
Board of directors of Ethan Packers Private Limited
Ethan Packers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mini Varghese | Director | 22 Oct 2018 | 8 Years 0 Months | Current |
| Lijo Baby | Director | 12 Jul 2013 | 13 Years 3 Months | Current |
| Stephen Maniachery Devassy Also directs: Nutricreams Private Limited, 3N Eco Pack Private Limited, Grahams Pharmaceuticals Private Limited and 1 more | Director | 12 Jul 2013 | 13 Years 3 Months | Current |
| Lito Baby | Managing Director | 12 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Ethan Packers Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GNG Cartons Private Limited | ₹16.33 Cr (FY 2024) | 94.0% | Hosur, Tamil Nadu, India | |||
| Ethan Packers Private Limitedthis company | ₹16.08 Cr (FY 2023) | ₹26.03 Lakh | 1.6% | 14.0% | 73 | Kizhakkambalam, Kerala, India |
| Ample Paper Containers Pvt Ltd | ₹15.97 Cr (FY 2025) | 3.0% | Indore, Madhya Pradesh, India | |||
| B and B Colour Cartons Private Limited | ₹15.94 Cr (FY 2025) | 217.0% | Anekal, Karnataka, India |
To see the full peer comparison of Ethan Packers Private Limited, buy the company report.
Auditor
Ethan Packers Private Limited is audited by Sajeev & Ajith for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sajeev & Ajith | FY 2023 | 014219S |
Shareholding
The shareholding of Ethan Packers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Ethan Packers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.19 Cr
Satisfied charges
₹16 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2022 | 100573998 | Canara Bank | ₹19 Lakh | Open | |
| 24 Aug 2020 | 100385559 | Canara Bank | ₹1.59 Cr | Open | |
| 24 Aug 2020 | 100385612 | Canara Bank | ₹55 Lakh | Open | |
| 07 Jul 2020 | 100355763 | Canara Bank | ₹28 Lakh | Open | |
| 06 Nov 2019 | 100305833 | Canara Bank | ₹80 Lakh | Open |
To see the full charge records of Ethan Packers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ethan Packers Private Limited has 4 court cases on record: 2 filed by Ethan Packers, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company | Pending |
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed by the company against M/S JS Paper Convertors and 4 others | Disposed |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against M/S JS Paper Convertors | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Ms Yogakshemam Loans Pvt Ltd. | Disposed |
To see the full case history of Ethan Packers Private Limited, 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
Ethan Packers Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 17 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Adi Vinayaka Traders | |||
| Purandara Laser Technologies Private Limited | |||
| Koral the Printing Company | |||
| Anaswara Offset Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ethan Packers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ethan Packers Private Limited has a workforce of 73 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
-2.67%
GST
Ethan Packers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCE4325L1ZT | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ethan Packers Private Limited, buy the company report.
Recent activity
Ethan Packers Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Mini Varghese ceased to be Additional Director on 30 Sep 2019.
AGM
Ethan Packers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ethan Packers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Canara Bank of Rs. 1.59 Cr registered on 24 Aug 2020 with Charge ID 100385559 was modified on 29 Dec 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.19 Cr with Charge ID 100573998 was registered on 19 Feb 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.55 Cr with Charge ID 100385612 was registered on 24 Aug 2020.
Charges
A charge with Canara Bank amounted to Rs. 1.59 Cr with Charge ID 100385559 was registered on 24 Aug 2020.
Charges
A charge registered on 13 Aug 2015 via Charge ID 10589398 with The South Indian Bank Limited was fully satisfied on 24 Aug 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.28 Cr with Charge ID 100355763 was registered on 07 Jul 2020.
Charges
A charge with Canara Bank of Rs. 0.30 Cr registered on 22 Jan 2014 with Charge ID 10477406 was modified on 24 Jan 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.80 Cr with Charge ID 100305833 was registered on 06 Nov 2019.
Ceased
Mini Varghese ceased to be Additional Director.
Appointed
Mini Varghese was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Ethan Packers is an active private limited company based in Kizhakkambalam, Kerala, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 12 July 2013 (13+ years old) and is registered under CIN U74900KL2013PTC034532.
Ethan Packers has 4 current directors:
- Lito Baby - Managing Director
- Mini Varghese - Director
- Lijo Baby - Director
- Stephen Maniachery Devassy - Director
The latest financial statements of Ethan Packers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ethan Packers is 32AADCE4325L1ZT, registered in Kerala.
The CIN (Corporate Identification Number) of Ethan Packers is U74900KL2013PTC034532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethan Packers has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Ethan Packers was incorporated on 12 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ethan Packers by revenue are GNG Cartons Private Limited, Ample Paper Containers Pvt Ltd, B and B Colour Cartons Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Mini Varghese ceased to be Additional Director on 30 Sep 2019. Mini Varghese was appointed as Director on 22 Oct 2018. Lito Baby ceased to be Director on 18 Jul 2013. Ethan Packers has 6 board changes on record in total.
Yes, Ethan Packers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-02-0014815).
Ethan Packers has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 17 overdue payments to 10 micro and small suppliers. The latest return was filed on 04 Jun 2019.
Ethan Packers can be reached through the website ethanpackers.com. Its registered office is in Kizhakkambalam, Kerala, India.