Goodwill Team Papers Limited
About Goodwill Team Papers Limited
Data last updated:
Goodwill Team Papers Limited is a public limited company based in Madurai, Tamil Nadu, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 24 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U21093TN1994PLC026873. Its GSTIN is 33AABCG0538R1ZG (Tamil Nadu).
The company has an authorised share capital of ₹7.85 Cr and a paid-up capital of ₹7.82 Cr. It is led by directors including Pandian Rajendran (Managing Director) and Soundararajan Raghunath.
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 Team Garden Uthappanaikannur Post Usilampatti Taluk, Madurai, Tamil Nadu, India – 625537.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.95 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹35.67 Lakh (net margin -3.6%) and EBITDA of -₹7.62 Lakh (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹16.65 Cr on record. Court records list 38 cases involving the company, including 25 filed by the company and 13 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Goodwill Team Papers Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressTeam Garden Uthappanaikannur Post Usilampatti Taluk, Madurai, Tamil Nadu, India – 625537
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Goodwill Team Papers 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 Goodwill Team Papers 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 Goodwill Team Papers Limited, buy the company report.
Financials of Goodwill Team Papers Limited
FY 2025 filings availableGoodwill Team Papers Limited reported revenue of ₹9.95 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 27% fall in the latest year. EBITDA fell 103% 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 |
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| EBITDA | -₹7.62 Lakh | ||||
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| Net Profit (PAT) | -₹35.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -3.6% | ||||
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To see the full financial statements and ratios of Goodwill Team Papers Limited, buy the company report.
Board of directors of Goodwill Team Papers Limited
Goodwill Team Papers has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soundararajan Raghunath | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Muthuvenkatapathy Mkrishna Kumar Also directs: Pace Builders (Madras) Private Limited | Director | 24 Feb 1994 | 32 Years 8 Months | Current |
| Pandian Rajendran Also directs: A R Swamy Green Energy LLP | Managing Director | 24 Feb 1994 | 32 Years 8 Months | Current |
Peer comparison
Goodwill Team Papers Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Swaharsh Paper Mills Private Limited | ₹10 Cr (FY 2023) | 43.0% | Pune, Maharashtra, India | |||
| Akshaya Print Systems Private Limited | ₹9.99 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Kagazkaar Industries Private Limited | ₹9.97 Cr (FY 2024) | -35.0% | Howrah, West Bengal, India | |||
| Goodwill Team Papers Limitedthis company | ₹9.95 Cr (FY 2025) | -₹35.67 Lakh | -3.6% | -27.0% | Madurai, Tamil Nadu, India | |
| Yugandhara Board Industries Private Limited | ₹9.89 Cr (FY 2025) | 12.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Goodwill Team Papers Limited, buy the company report.
Auditor
Goodwill Team Papers Limited is audited by N SRIDHAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N SRIDHAR & CO | FY 2021 | 003997S |
Shareholding
The shareholding of Goodwill Team Papers Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Goodwill Team Papers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 1997 | 90293671 | The Tamilnadu Ind. Tnvestment Cor. Ltd. | ₹56 Lakh | Satisfied | |
| 04 Nov 1996 | 90293659 | Central Bank of India | ₹1.97 Cr | Satisfied | |
| 04 Nov 1996 | 90294440 | Central Bank of India | ₹10.2 Cr | Satisfied | |
| 04 Jan 1996 | 90293604 | Central Bank of India | ₹1.97 Cr | Satisfied | |
| 15 Jun 1995 | 90293577 | Central Bank of India | ₹1.95 Cr | Satisfied |
To see the full charge records of Goodwill Team Papers Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Goodwill Team Papers Limited has 38 court cases on record: 25 filed by Goodwill Team Papers, 13 filed against it. 5 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 4 | 4 |
| District courts | 11 | 8 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Shalimar Wires Industries Ltd. Rep by Dinesh Shark | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by M/S Sizoll Chemicals P Ltd, Rep by Y. Karthik Reddy, Chief Executive, | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by Assistant Commissioner (St) (Fac) | Pending |
| Madras High Court | Writ petition | Filed by the company against The Regional Provident Fund Commissioner | Pending |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against The Regional Provident Fund Commissioner | Pending |
To see the full case history of Goodwill Team Papers 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 Goodwill Team Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goodwill Team Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCG0538R1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goodwill Team Papers Limited, buy the company report.
Recent activity
Goodwill Team Papers Limited has 9 board changes on record since 1994: 3 appointments and 6 cessations. The latest: Soundararajan Raghunath ceased to be Additional Director on 29 Nov 2021.
13 earlier events are in the company report.
Frequently asked questions
Goodwill Team Papers is an active public limited company based in Madurai, Tamil Nadu, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 24 February 1994 (32+ years old) and is registered under CIN U21093TN1994PLC026873.
Goodwill Team Papers has 3 current directors:
- Pandian Rajendran - Managing Director
- Soundararajan Raghunath - Director
- Muthuvenkatapathy Mkrishna Kumar - Director
The latest financial statements of Goodwill Team Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goodwill Team Papers is 33AABCG0538R1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Goodwill Team Papers is U21093TN1994PLC026873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodwill Team Papers has 38 court cases on record: 25 filed by the company and 13 filed against it. 5 are pending. Most are in the high courts.
Goodwill Team Papers was incorporated on 24 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Goodwill Team Papers by revenue are Swaharsh Paper Mills Private Limited, Akshaya Print Systems Private Limited, Kagazkaar Industries Private Limited, Yugandhara Board Industries Private Limited, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Soundararajan Raghunath ceased to be Additional Director on 29 Nov 2021. Soundararajan Raghunath was appointed as Director on 17 May 2021. Soundararajan Kannan ceased to be Director on 08 May 2021. Goodwill Team Papers has 9 board changes on record in total.
The registered office of Goodwill Team Papers is at Team Garden Uthappanaikannur Post Usilampatti Taluk, Madurai, Tamil Nadu, India – 625537.
Goodwill Team Papers operates in the manufacturing industry, in the paper and packaging products segment.