- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-10-0010398

About Excel Corrugated Boxes Private Limited
Data last updated:
Excel Corrugated Boxes Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the paper segment of the packaging sector. It was incorporated on 08 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U21023KL1996PTC010634. Its GSTIN is 32AAACE5260F1Z5 (Kerala).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.64 Lakh. It is led by directors Rathish Parakkat (Managing Director) and Chandran Velayudha Panikker.
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 3/5300 Nombikkodepara Elappully, Palakkad, Kerala, India – 678622.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.11 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹10.19 Lakh (net margin 2.5%) and EBITDA of ₹28.69 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.92 Cr and satisfied charges of ₹10 Lakh on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
Excel Corrugated Boxes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0010398). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelcorrugatedboxes.com.
Company details
Recognitions & Rankings of Excel Corrugated Boxes
Contact details
Excel Corrugated Boxes Private Limited's registered office is in Palakkad, Kerala. Its website is excelcorrugatedboxes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/5300 Nombikkodepara Elappully, Palakkad, Kerala, India – 678622
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Excel Corrugated Boxes 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 Excel Corrugated Boxes 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 Excel Corrugated Boxes Private Limited, buy the company report.
Financials of Excel Corrugated Boxes Private Limited
FY 2024 filings availableExcel Corrugated Boxes Private Limited reported revenue of ₹4.11 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 22% 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 |
|---|---|---|---|---|---|
| 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 | ₹28.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.19 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Excel Corrugated Boxes Private Limited, buy the company report.
Board of directors of Excel Corrugated Boxes Private Limited
Excel Corrugated Boxes 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 |
|---|---|---|---|---|
| Chandran Velayudha Panikker | Director | 08 Aug 1996 | 30 Years 2 Months | Current |
| Rathish Parakkat | Managing Director | 05 Aug 2013 | 13 Years 3 Months | Current |
Peer comparison
Excel Corrugated Boxes Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Matrix Containers and Cartons Private Limited | ₹4.14 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| SP Techpac Solutions Private Limited | ₹4.13 Cr (FY 2018) | 4.0% | Delhi, India | |||
| Madhyavart Packaging Pvt Ltd | ₹4.12 Cr (FY 2025) | 15.0% | Indore, Madhya Pradesh, India | |||
| Excel Corrugated Boxes Private Limitedthis company | ₹4.11 Cr (FY 2024) | ₹10.19 Lakh | 2.5% | -4.0% | 17 | Palakkad, Kerala, India |
| Corrupack Manufacturing Private Limited | ₹4.1 Cr (FY 2024) | -2.0% | Navi Mumbai, Maharashtra, India | |||
| Dot Graphics Private Limited | ₹4.02 Cr (FY 2017) | 8.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Excel Corrugated Boxes Private Limited, buy the company report.
Auditor
Excel Corrugated Boxes Private Limited is audited by K. V. VENKITARAMAN AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. V. VENKITARAMAN AND COMPANY | FY 2017 |
Shareholding
The shareholding of Excel Corrugated Boxes Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Excel Corrugated Boxes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2022 | 100592033 | Indian Bank | ₹6.34 Lakh | Open | |
| 04 Jul 2022 | 100592031 | Indian Bank | ₹8.21 Lakh | Open | |
| 27 Sep 2013 | 10454032 | Indian Bank | ₹77.8 Lakh | Open | |
| 14 Jun 2007 | 10056225 | Indian Bank | ₹1 Cr | Open | |
| 09 Nov 1996 | 90016711 | The Lord Krishna Bank Ltd. | ₹10 Lakh | Satisfied |
To see the full charge records of Excel Corrugated Boxes Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Excel Corrugated Boxes Private Limited has 6 court cases on record: 6 filed by Excel Corrugated Boxes. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against M/S Eurotech Polymers and 1 other | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against M/S Eurotech Polymers | Disposed |
| High Court | Court case (C.E.Appeal) | Filed by the company against The Commissioner of Central Excise | Disposed |
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of Central Excise & Customs Palakkad II Division and 1 other | Disposed |
To see the full case history of Excel Corrugated Boxes 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 Excel Corrugated Boxes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excel Corrugated Boxes Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Excel Corrugated Boxes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACE5260F1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Corrugated Boxes Private Limited, buy the company report.
Recent activity
Excel Corrugated Boxes Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Easwar Prasad Venkitaraman Pallipuram ceased to be Director on 06 Aug 2013.
4 earlier events are in the company report.
Frequently asked questions
Excel Corrugated Boxes is an active private limited company based in Palakkad, Kerala, India. The company works in paper, within the packaging industry. It was incorporated on 08 August 1996 (30+ years old) and is registered under CIN U21023KL1996PTC010634.
Excel Corrugated Boxes has 2 current directors:
- Rathish Parakkat - Managing Director
- Chandran Velayudha Panikker - Director
The latest financial statements of Excel Corrugated Boxes 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 Excel Corrugated Boxes is 32AAACE5260F1Z5, registered in Kerala.
The CIN (Corporate Identification Number) of Excel Corrugated Boxes is U21023KL1996PTC010634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Corrugated Boxes has 6 court cases on record: 6 filed by the company. 2 are pending. Most are in the district courts.
Excel Corrugated Boxes was incorporated on 08 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Excel Corrugated Boxes by revenue are Matrix Containers and Cartons Private Limited, SP Techpac Solutions Private Limited, Madhyavart Packaging Pvt Ltd, Corrupack Manufacturing Private Limited, Dot Graphics 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).
Easwar Prasad Venkitaraman Pallipuram ceased to be Director on 06 Aug 2013. Chandran Velayudha Panikker ceased to be Managing Director on 05 Aug 2013. Rathish Parakkat was appointed as Managing Director on 05 Aug 2013. Excel Corrugated Boxes has 4 board changes on record in total.
Yes, Excel Corrugated Boxes is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-10-0010398).
Excel Corrugated Boxes can be reached through the website excelcorrugatedboxes.com. Its registered office is in Palakkad, Kerala, India.

