MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0023197
Fine Paper Source Private Limited - education in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.3 Cr
▲ 118% YoY
Net profit · FY 2025
₹11.29 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 3.9%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹72 Lakh
Issued & subscribed
Open charges
₹19.2 Cr
Satisfied ₹13.89 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
7
Provident fund records
About Fine Paper Source Private Limited
Data last updated:
Fine Paper Source Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 03 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U21015TN2003PTC050958. Its GSTIN is 33AABCF9836H1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹72 Lakh. It is led by directors including Muthiah Annamalai Murugan Ganesh (Managing Director) and Ashwin Elangovan Murugan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.17/9 Baker Street Chennai – 1., Tamil Nadu, India – 600001.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.3 Cr, a growth of 118% compared to the previous year. For the same year it recorded a net profit of ₹11.29 Lakh (net margin 0.4%) and EBITDA of ₹1.03 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 3% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fine Paper Source. As per MCA filings, the company has open charges of ₹19.2 Cr and satisfied charges of ₹13.89 Cr on record. Court records list 25 cases involving the company, including 14 filed by the company and 11 filed against it; 4 cases are pending.
Fine Paper Source Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0023197). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finepapersource.com.
Company details
CIN U21015TN2003PTC050958
Registration Number 050958
Incorporation Date 03 June 2003
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0023197
Key People
Muthiah Annamalai Murugan Ganesh Managing Director Ashwin Elangovan Murugan Director Devasena Murugan Director Recognitions & Rankings of Fine Paper Source
Contact details
Fine Paper Source Private Limited's registered office is in Chennai, Tamil Nadu. Its website is finepapersource.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.17/9 Baker Street Chennai – 1., Tamil Nadu, India – 600001
- IndustryEducation, Office & School Supplies
To see the full contact details of Fine Paper Source Private Limited, buy the company report.
Comprehensive company report
Fine Paper Source 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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Brands
Fine Paper Source operates one associated brand: Fine Paper Source. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paper conversion, import, export, and distribution services in the paper industry. | finepapersource.com |
Business activity
The main business activity of Fine Paper Source 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 Fine Paper Source Private Limited, buy the company report.
Financials of Fine Paper Source Private Limited
FY 2025 filings availableFine Paper Source Private Limited reported revenue of ₹26.3 Cr (up 118% YoY) for FY 2025.
Revenue · FY 2025
₹26.3 Cr ▲ 118%
Net profit · FY 2025
₹11.29 Lakh margin 0.4%
EBITDA · FY 2025
₹1.03 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 118%
3 years · compounded
▲ 51%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 29%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 118% growth in the latest year. EBITDA rose 61% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.29 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Fine Paper Source Private Limited, buy the company report.
Board of directors of Fine Paper Source Private Limited
Fine Paper Source has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthiah Annamalai Murugan Ganesh Also directs: Pandiyan Meena Investments Private Limited | Managing Director | 15 Feb 2018 | 8 Years 8 Months | Current |
| Ashwin Elangovan Murugan | Director | 10 Apr 2019 | 7 Years 7 Months | Current |
| Devasena Murugan Also directs: Pandiyan Meena Investments Private Limited | Director | 03 Jun 2003 | 23 Years 5 Months | Current |
Peer comparison
Fine Paper Source Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Office and School Supplies, Paper), 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 |
|---|---|---|---|---|---|---|
| Sree Nandini Kraft Boards Private Limited | ₹26.55 Cr (FY 2024) | 10.0% | Nuzividu Krishna, Telangana, India | |||
| Fine Paper Source Private Limitedthis company | ₹26.3 Cr (FY 2025) | ₹11.29 Lakh | 0.4% | 118.0% | Chennai, Tamil Nadu, India | |
| Sofine Paper Mills Private Limited | ₹25.88 Cr (FY 2024) | -16.0% | Lakhdhirnagar, Gujarat, India | |||
| Sree Ram Balaji Paper Mills Private Limited | ₹25.83 Cr (FY 2024) | -7.0% | Tiruchengode, Tamil Nadu, India | |||
| Otr Papers Pvt. Ltd. | ₹25.79 Cr (FY 2025) | 31.0% | Delhi, India | |||
| Vision Stationery Private Limited | ₹25.75 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Fine Paper Source Private Limited, buy the company report.
Auditor
Fine Paper Source Private Limited is audited by S.VISWANATHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.VISWANATHAN | FY 2023 | 004770S |
Shareholding
The shareholding of Fine Paper Source 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 Fine Paper Source Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.2 Cr
Satisfied charges
₹13.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2023 | 100767391 | Hdfc Bank Limited | ₹8.6 Cr | Open | |
| 07 Oct 2022 | 100640534 | Hdfc Bank Limited | ₹10.6 Cr | Open | |
| 20 Dec 2021 | 100520901 | Others | ₹1 Cr | Satisfied | |
| 14 Aug 2009 | 10176658 | Axis Bank Limited | ₹7.89 Cr | Satisfied | |
| 28 Mar 2008 | 10093881 | Citi Bank N a | ₹2 Cr | Satisfied |
To see the full charge records of Fine Paper Source Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Fine Paper Source Private Limited has 25 court cases on record: 14 filed by Fine Paper Source, 11 filed against it. 4 cases are pending and 21 are disposed.
Total cases
25
Filed by the company
14
Filed against the company
11
Pending
4
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 1 |
| High courts | 11 | 8 | 3 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Revision petition | Filed against the company by East India Transport Agency | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by East India Transport Agency | Pending |
| High Court, TAMIL NADU | Court case (C.S(COMM DIV)) | Filed by the company against The New India Assurance Co.Ltd., | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by East India Transport Agency | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by The New India Assurance Co.Ltd., | Disposed |
To see the full case history of Fine Paper Source 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 Fine Paper Source Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fine Paper Source has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCF9836H1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fine Paper Source Private Limited, buy the company report.
Recent activity
Fine Paper Source Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Muthiah Annamalai Murugan ceased to be Managing Director on 28 Dec 2019.
AGM
Fine Paper Source Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Fine Paper Source Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 1,060.00 Lakh registered on 07 Oct 2022 with Charge ID 100640534 was modified on 10 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 860.00 Lakh with Charge ID 100767391 was registered on 22 Aug 2023.
Charges
A charge registered on 14 Aug 2009 via Charge ID 10176658 with Axis Bank Limited was fully satisfied on 28 Apr 2023.
Charges
A charge registered on 20 Dec 2021 via Charge ID 100520901 with Others was fully satisfied on 28 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,060.00 Lakh with Charge ID 100640534 was registered on 07 Oct 2022.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100520901 was registered on 20 Dec 2021.
Charges
A charge with Axis Bank Limited of Rs. 788.50 Lakh registered on 14 Aug 2009 with Charge ID 10176658 was modified on 10 Mar 2020.
Ceased
Muthiah Annamalai Murugan ceased to be Managing Director.
Appointed
Ashwin Elangovan Murugan was appointed as Director.
Appointed
Muthiah Annamalai Murugan Ganesh was appointed as Managing Director.
8 earlier events are in the company report.
Frequently asked questions
Fine Paper Source is an active private limited company based in Chennai, Tamil Nadu, India. The company works in office and school supplies, within the education industry. It was incorporated on 03 June 2003 (23+ years old) and is registered under CIN U21015TN2003PTC050958.
Fine Paper Source has 3 current directors:
- Muthiah Annamalai Murugan Ganesh - Managing Director
- Ashwin Elangovan Murugan - Director
- Devasena Murugan - Director
The latest financial statements of Fine Paper Source on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fine Paper Source is 33AABCF9836H1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Fine Paper Source is U21015TN2003PTC050958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fine Paper Source has 25 court cases on record: 14 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.
Fine Paper Source was incorporated on 03 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Fine Paper Source by revenue are Sree Nandini Kraft Boards Private Limited, Sofine Paper Mills Private Limited, Sree Ram Balaji Paper Mills Private Limited, Otr Papers Pvt. Ltd, Vision Stationery Private Limited, all in the Education industry (Office and School Supplies, Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Muthiah Annamalai Murugan ceased to be Managing Director on 28 Dec 2019. Ashwin Elangovan Murugan was appointed as Director on 10 Apr 2019. Muthiah Annamalai Murugan Ganesh was appointed as Managing Director on 15 Feb 2018. Fine Paper Source has 5 board changes on record in total.
Yes, Fine Paper Source is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0023197).
Fine Paper Source can be reached through the website finepapersource.com. Its registered office is in Chennai, Tamil Nadu, India.
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