- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0052385

About Fitesa Pune Private Limited
Data last updated:
Fitesa Pune Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Fitesa Naotecidos S.A.. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 11 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25201PN2008FTC131807. Its GSTIN is 27AACCT9233H1Z6 (Maharashtra).
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹49.58 Cr. It was formerly known as Tredegar Film Products India Private Limited. It is led by directors including Swapnil Narayan Khanolkar (Managing Director) and Silverio Luis Americo Baranzano Brutti.
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 Plot No. D – 282 Ranjangaon MIDC Tal. Shirur, Pune, Maharashtra, India – 412220.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.27 Cr (net margin 3.7%) and EBITDA of ₹5.42 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 26% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹12.49 Cr; the latest was in October 2020. Its 10 peer companies in the Packaging industry (Films and Foils) are compared by revenue, 5 larger and 5 smaller; the largest is Sumati Plastic Private Limited with revenue of ₹62.96 Cr. The company has 9 MSME Form 1 returns on record between 2021 and 2024, listing 222 overdue payments to 18 micro and small suppliers.
Fitesa Pune Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0052385). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitesa.com.
Recognitions & Rankings of Fitesa Pune
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. D – 282 Ranjangaon MIDC Tal. Shirur, Pune, Maharashtra, India – 412220
- IndustryPackaging, Packaging Films & Foils
- 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 of Fitesa Pune Private Limited
The main business activity of Fitesa Pune is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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
Verified entity values are shown only after access is granted.
Financials of Fitesa Pune Private Limited FY 2025 filings available
Fitesa Pune Private Limited reported revenue of ₹60.84 Cr (up 157% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fitesa Pune Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 157% growth in the latest year. EBITDA fell 55% 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 of Fitesa Pune Private Limited
| 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 | ₹5.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.27 Cr | •••• | •••• | •••• | •••• |
| 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 of Fitesa Pune Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 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 Fitesa Pune are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Fitesa Pune Private Limited
Fitesa Pune has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Silverio Luis Americo Baranzano Brutti | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Lavinia Fraga Leite | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Fred Hal Singley Jr | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Jameson Goncalves Miguel | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Swapnil Narayan Khanolkar | Managing Director | 02 Aug 2010 | 16 Years 2 Months | Current |
Peer Comparison of Fitesa Pune Private Limited
Fitesa Pune Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumati Plastic Private Limited | ₹62.96 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Gurgaon, Haryana, India |
| Sel Jegat Printers Private Limited | ₹62.87 Cr (FY 2022) | •••• | •••• | 16.0% | •••• | Sivakasi, Tamil Nadu, India |
| Aditya Minda Industries Private Limited | ₹61.46 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Sunpack Barrier Films Private Limited | ₹61.35 Cr (FY 2023) | •••• | •••• | 13.0% | •••• | Ahmedabad, Gujarat, India |
| Vortex Flex Private Limited | ₹60.98 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Alipore, Gujarat, India |
| Fitesa Pune Private Limited this company | ₹60.84 Cr (FY 2024) | •••• | •••• | 157.0% | •••• | Pune, Maharashtra, India |
| Renault Paper Products Private Limited | ₹60.47 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Manjushree Strech-Film Private Limited | ₹60.41 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Telangana, India |
| Sanwariya Packaging Private Limited | ₹59.51 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mhow, Madhya Pradesh, India |
| BS Foils Private Limited | ₹59.1 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Hodal, Haryana, India |
| Varshil Packaging Private Limited | ₹58.86 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Mehasana, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Fitesa Pune by revenue in the Packaging industry (Films and Foils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Fitesa Pune Private Limited
Fitesa Pune Private Limited is audited by Khare Deshmukh & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Khare Deshmukh & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Fitesa Pune Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fitesa Pune Private Limited
Fitesa Pune Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Fitesa Pune Private Limited
Fitesa Pune Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹12.49 Cr; the latest was in October 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: Miramar Participacoes Ltd Seller: Tredegar Far East Corporation |
| Sep 2020 | Rights issue | ₹37.08 Cr | Investors: Tredegar Far East Corporation |
| Jan 2011 | Funding round | ₹9.51 Cr | Investors: Tredegar Far East Corporation |
| Dec 2009 | Funding round | ₹2.98 Cr | Investors: Tredegar Far East Corporation |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Fitesa Pune Private Limited
Fitesa Pune Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 222 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| NLS Fleets Private Limited | •••• | •••• | •••• |
| Alliance Polytech Private Limited | •••• | •••• | •••• |
| Adithi Paper Tubes | •••• | •••• | •••• |
| Align Components Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Fitesa Pune Private Limited
Fitesa Pune Private Limited has a workforce of 31 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Fitesa Pune Private Limited
Fitesa Pune Private Limited has 20 board changes on record since 2008: 5 appointments and 15 cessations. The latest: Fred Hal Singley Jr ceased to be Additional Director on 10 Nov 2020.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fitesa Pune Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fitesa Pune Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fitesa Pune Private Limited
Fitesa Pune has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT9233H1Z6 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fitesa Pune Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fitesa Pune Private Limited
Fitesa Pune is an active foreign private limited company based in Pune, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 11 April 2008 (18+ years old) and is registered under CIN U25201PN2008FTC131807.
Fitesa Pune reported revenue of ₹60.84 Cr for FY 2024 (up 157% YoY).
Fitesa Pune has 5 current directors:
- Swapnil Narayan Khanolkar - Managing Director
- Silverio Luis Americo Baranzano Brutti - Director
- Lavinia Fraga Leite - Director
- Fred Hal Singley Jr - Director
- Jameson Goncalves Miguel - Director
Fitesa Pune reported a net profit of ₹2.27 Cr (net margin 3.7%) and EBITDA of ₹5.42 Cr (EBITDA margin 8.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fitesa Pune is 11% over three years and 26% over five years. In the latest year (FY 2024) revenue rose 157%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fitesa Pune is 27AACCT9233H1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fitesa Pune is U25201PN2008FTC131807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitesa Pune was incorporated on 11 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Fitesa Pune has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹12.49 Cr; the latest was in October 2020.
The peers of Fitesa Pune by revenue are Sumati Plastic Private Limited, Sel Jegat Printers Private Limited, Aditya Minda Industries Private Limited, Sunpack Barrier Films Private Limited, Vortex Flex Private Limited and 5 more, all in the Packaging industry (Films and Foils).
Fred Hal Singley Jr ceased to be Additional Director on 10 Nov 2020. Jameson Goncalves Miguel ceased to be Additional Director on 10 Nov 2020. Lavinia Fraga Leite ceased to be Additional Director on 10 Nov 2020. Fitesa Pune has 20 board changes on record in total.
Yes, Fitesa Pune is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0052385).