About Evershine Wood Packaging Private Limited
Data last updated:
Evershine Wood Packaging Private Limited is a private limited company based in Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 05 May 2005.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74950TN2005PTC056179. Its GSTIN is 33AABCE4496N1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹7.99 Cr and a paid-up capital of ₹7.98 Cr. It is led by directors Dharamshi K Patel and Kamalaben Dharamshi Patel.
Its last annual general meeting (AGM) was held on 15 March 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 93 – 135 Pondur Road Aranery Village III Cross Street, Tamil Nadu, India – 602106.
As per the financials filed for FY 2021, the company reported a revenue of ₹20.13 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹45.04 Cr (net margin -223.8%) and EBITDA of -₹39.75 Cr (EBITDA margin -197.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 25% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.35 Cr and satisfied charges of ₹153.89 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 8 filed against it; 4 cases are pending.
The last known website on record is evershine.co.in.
Company details
Contact details
Evershine Wood Packaging Private Limited's registered office is in Tamil Nadu. Its website is evershine.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address93 – 135 Pondur Road Aranery Village III Cross Street, Tamil Nadu, India – 602106
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Evershine Wood Packaging 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 Evershine Wood Packaging 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 Evershine Wood Packaging Private Limited, buy the company report.
Financials of Evershine Wood Packaging Private Limited
FY 2021 filings availableEvershine Wood Packaging Private Limited reported revenue of ₹20.13 Cr (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 73% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹39.75 Cr | ||||
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| Net Profit (PAT) | -₹45.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -197.5% | ||||
| Net Profit Margin | -223.8% | ||||
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To see the full financial statements and ratios of Evershine Wood Packaging Private Limited, buy the company report.
Board of directors of Evershine Wood Packaging Private Limited
Evershine Wood Packaging has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharamshi K Patel | Director | 05 May 2005 | 21 Years 6 Months | As last reported |
| Kamalaben Dharamshi Patel | Director | 07 Mar 2013 | 13 Years 8 Months | As last reported |
Peer comparison
Evershine Wood Packaging Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 |
|---|---|---|---|---|---|---|
| Garden Ply Products Private Limited | ₹20.46 Cr (FY 2024) | 28.0% | Bangalore, Karnataka, India | |||
| Trikalp Laminates India Private Limited | ₹20.37 Cr (FY 2022) | 36.0% | Delhi, India | |||
| Jaikashi Trading & Finance Company Private Limited | ₹20.33 Cr (FY 2025) | 17.0% | Ranchi, Jharkhand, India | |||
| Timber Craft and Veneer Products India Private Limited | ₹20.25 Cr (FY 2025) | 12.0% | Shillong, Meghalaya, India | |||
| Gayatri Doors Private Limited | ₹20.16 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Evershine Wood Packaging Private Limitedthis company | ₹20.13 Cr (FY 2021) | -₹45.04 Cr | -223.8% | -73.0% | 11 | Tamil Nadu, India |
| Decora Kitchen Interiors Private Limited | ₹20.08 Cr (FY 2025) | -20.0% | Delhi, India | |||
| KTM Plywood Private Limited | ₹20.03 Cr (FY 2025) | 1.0% | Punjab, India |
To see the full peer comparison of Evershine Wood Packaging Private Limited, buy the company report.
Auditor
Evershine Wood Packaging Private Limited is audited by C KATHIRESAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C KATHIRESAN & CO | FY 2020 | 008318S |
Shareholding
The shareholding of Evershine Wood Packaging Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evershine Wood Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2021 | 100497056 | Hdfc Bank Limited | ₹22.88 Lakh | Open | |
| 29 Dec 2017 | 100154957 | Indian Bank | ₹71.86 Cr | Open | |
| 28 Dec 2005 | 90289897 | Icici Bank Ltd | ₹8 Lakh | Open | |
| 08 Nov 2005 | 90288542 | Icici Bank Limited | ₹10 Lakh | Open | |
| 03 Nov 2005 | 90288535 | Icici Bank Limited | ₹8 Lakh | Open |
To see the full charge records of Evershine Wood Packaging Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Evershine Wood Packaging Private Limited has 13 court cases on record: 6 filed by Evershine Wood Packaging, 8 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 4 |
| NCLT | 3 | 2 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Aditya Birla Finance Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by M/S Megamet Steels Pvt Ltd Through Authorized Officer Pankaj Agarwal | Pending |
| NCLT, Chennai | Insolvency matter | Filed against the company by M/S. Evershine Wood Packaging Private Limited | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against Dharamshi K Patel S/O. Keshavlal P Patel Suspended Director M/S. Evershine Wood Packaging Private Limited at Plot No.16 Kannan Avenue Extension 3Rd Street Perungalathur Srinivasa Nagar Kancheepuram Tamil Nadu – 600 063. and 1 other | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Evershine Wood Packaging 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
No delayed payments to MSME suppliers are on our record for Evershine Wood Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evershine Wood Packaging Private Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Evershine Wood Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCE4496N1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evershine Wood Packaging Private Limited, buy the company report.
Recent activity
Evershine Wood Packaging Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Kamalaben Dharamshi Patel was appointed as Director on 07 Mar 2013.
31 earlier events are in the company report.
Frequently asked questions
Evershine Wood Packaging is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Evershine Wood Packaging is a company under insolvency, formerly operating as a private limited company based in Tamil Nadu, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 05 May 2005 and is registered under CIN U74950TN2005PTC056179. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Evershine Wood Packaging has 2 current directors:
- Dharamshi K Patel - Director
- Kamalaben Dharamshi Patel - Director
The latest financial statements of Evershine Wood Packaging on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 March 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Evershine Wood Packaging is U74950TN2005PTC056179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evershine Wood Packaging has open charges of ₹72.35 Cr and satisfied charges of ₹153.89 Cr as per latest MCA filings.
Evershine Wood Packaging has 13 court cases on record: 6 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Evershine Wood Packaging was incorporated on 05 May 2005. It is registered with the Registrar of Companies, Chennai.
The peers of Evershine Wood Packaging by revenue are Garden Ply Products Private Limited, Trikalp Laminates India Private Limited, Jaikashi Trading & Finance Company Private Limited, Timber Craft and Veneer Products India Private Limited, Gayatri Doors Private Limited and 2 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Kamalaben Dharamshi Patel was appointed as Director on 07 Mar 2013. Karamshi Keshavlal Patel ceased to be Director on 07 Mar 2013. Shanthilal Keshavlal Patel ceased to be Director on 30 Jan 2010. Evershine Wood Packaging has 4 board changes on record in total.
Evershine Wood Packaging can be reached through the website evershine.co.in. Its registered office is in Tamil Nadu, India.
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