MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-17-0002211
Honourable Packaging Private Limited
Honourable Packaging Private Limited - manufacturing in Pithampur, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.3 Cr
▼ 33% YoY
Net profit · FY 2025
₹86.4 Lakh
Net margin 2.6%
EBITDA · FY 2025
₹2.09 Cr
EBITDA margin 6.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹19.8 Lakh
Issued & subscribed
Open charges
₹5.5 Cr
Satisfied ₹14.22 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
40
Provident fund records
About Honourable Packaging Private Limited
Data last updated:
Honourable Packaging Private Limited is a private limited company based in Pithampur, Madhya Pradesh, India, a subsidiary of Shree Tirupati Balajee Agro Trading Company Private Limited. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP2010PTC023075. Its GSTIN is 23AACCH4036N1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19.8 Lakh. It is led by directors Binod Kumar Agarwal and Rabi Narayan Mishra.
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. 640 – A Sector – 3 Industrial Area, Pithampur, Madhya Pradesh, India – 454775.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.3 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹86.4 Lakh (net margin 2.6%) and EBITDA of ₹2.09 Cr (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹14.22 Cr on record.
Honourable Packaging Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0002211). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25202MP2010PTC023075
Registration Number 023075
Incorporation Date 11 February 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Parent Company Shree Tirupati Balajee Agro Trading Company Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-17-0002211
Recognitions & Rankings of Honourable Packaging
Contact details
Honourable Packaging Private Limited's registered office is in Pithampur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 640 – A Sector – 3 Industrial Area, Pithampur, Madhya Pradesh, India – 454775
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Honourable Packaging Private Limited, buy the company report.
Comprehensive company report
Honourable Packaging 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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Business activity
The main business activity of Honourable Packaging is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Honourable Packaging Private Limited, buy the company report.
Financials of Honourable Packaging Private Limited
FY 2025 filings availableHonourable Packaging Private Limited reported revenue of ₹33.3 Cr (down 33% YoY) for FY 2025.
Revenue · FY 2025
₹33.3 Cr ▼ 33%
Net profit · FY 2025
₹86.4 Lakh margin 2.6%
EBITDA · FY 2025
₹2.09 Cr margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 2%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 21%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 33% fall in the latest year. EBITDA fell 28% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.4 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 6.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Honourable Packaging Private Limited, buy the company report.
Board of directors of Honourable Packaging Private Limited
Honourable Packaging has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binod Kumar Agarwal | Director | 08 Sep 2010 | 16 Years 2 Months | Current |
| Rabi Narayan Mishra Also directs: Ever Bags Packaging Private Limited, Aon Textiles Private Limited | Director | 07 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Honourable Packaging Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agroha Colourtec Private Limited | ₹33.56 Cr (FY 2024) | -19.0% | New Delhi, Delhi, India | |||
| Indus Manufacturing Private Limited | ₹33.44 Cr (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Honourable Packaging Private Limitedthis company | ₹33.3 Cr (FY 2025) | ₹86.4 Lakh | 2.6% | -33.0% | 40 | Pithampur, Madhya Pradesh, India |
| NSM Polymers Private Limited | ₹33.3 Cr (FY 2025) | 68.0% | Gurgaon, Haryana, India | |||
| Polyols & Polymers Private Limited | ₹32.77 Cr (FY 2024) | -17.0% | Vapi, Gujarat, India | |||
| Crystal Matfoam Private Limited | ₹32.6 Cr (FY 2025) | 93.0% | Jamshedpur, Jharkhand, India |
To see the full peer comparison of Honourable Packaging Private Limited, buy the company report.
Auditor
Honourable Packaging Private Limited is audited by M.S. Dahiya & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S. Dahiya & Company | FY 2023 | 013855C |
Shareholding
The shareholding of Honourable Packaging 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 Honourable Packaging Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.5 Cr
Satisfied charges
₹14.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2021 | 100482981 | Yes Bank Limited | ₹5.5 Cr | Open | |
| 03 Mar 2021 | 100421273 | Sidbi | ₹58.76 Lakh | Satisfied | |
| 09 Jun 2020 | 100350250 | Others | ₹1.1 Cr | Satisfied | |
| 24 Jul 2018 | 100191880 | Others | ₹1.35 Cr | Satisfied | |
| 23 Dec 2016 | 100072703 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Honourable Packaging Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Honourable Packaging Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honourable Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Honourable Packaging Private Limited has a workforce of 40 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
42.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 40 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Honourable Packaging Private Limited, buy the company report.
GST
Honourable Packaging has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCH4036N1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honourable Packaging Private Limited, buy the company report.
Recent activity
Honourable Packaging Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Binod Kumar Agarwal ceased to be Director on 29 Sep 2025.
AGM
Honourable Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Binod Kumar Agarwal ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 550.00 Lakh registered on 12 Aug 2021 with Charge ID 100482981 was modified on 26 Aug 2025.
Filing
Honourable Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Rabi Narayan Mishra ceased to be Additional Director.
Appointed
Rabi Narayan Mishra was appointed as Director.
Charges
A charge registered on 03 Mar 2021 via Charge ID 100421273 with Sidbi was fully satisfied on 09 Oct 2024.
Charges
A charge registered on 09 Jun 2020 via Charge ID 100350250 with Others was fully satisfied on 16 Sep 2021.
Charges
A charge registered on 05 Jun 2013 via Charge ID 10435993 with Bank Of Baroda was fully satisfied on 16 Sep 2021.
Ceased
Ranjan Kumar Mohapatra ceased to be Additional Director.
Ceased
Sakul Grover ceased to be Additional Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 550.00 Lakh with Charge ID 100482981 was registered on 12 Aug 2021.
17 earlier events are in the company report.
Frequently asked questions
Honourable Packaging is an active private limited company based in Pithampur, Madhya Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN U25202MP2010PTC023075.
Honourable Packaging has 2 current directors:
- Binod Kumar Agarwal - Director
- Rabi Narayan Mishra - Director
The latest financial statements of Honourable Packaging 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 Honourable Packaging is 23AACCH4036N1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Honourable Packaging is U25202MP2010PTC023075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honourable Packaging was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Honourable Packaging by revenue are Agroha Colourtec Private Limited, Indus Manufacturing Private Limited, NSM Polymers Private Limited, Polyols & Polymers Private Limited, Crystal Matfoam Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Binod Kumar Agarwal ceased to be Director on 29 Sep 2025. Rabi Narayan Mishra ceased to be Additional Director on 04 Mar 2025. Rabi Narayan Mishra was appointed as Director on 07 Jan 2025. Honourable Packaging has 9 board changes on record in total.
Yes, Honourable Packaging is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-17-0002211).
The registered office of Honourable Packaging is at Plot No. 640 – A Sector – 3 Industrial Area, Pithampur, Madhya Pradesh, India – 454775.
Honourable Packaging operates in the manufacturing industry, in the plastic-based products segment.
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