MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-DD-01-0000007
Indu Packaging (Daman) Limited - packaging in Daman, Daman And Diu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.35 Lakh
▼ 78% YoY
Net loss · FY 2024
₹12.82 Lakh
Net margin -26.5%
EBITDA · FY 2024
-₹9.2 Lakh
EBITDA margin -19%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹66 Lakh
Issued & subscribed
Satisfied charges
₹13.45 Cr
No open charges
Company age
30 yrs
Est. 1996
Employees · EPFO
5
Provident fund records
About Indu Packaging (Daman) Limited
Data last updated:
Indu Packaging (Daman) Limited is a public limited company based in Daman, Daman And Diu, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 19 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74950DD1996PLC002159. Its GSTIN is 26AAACI5028B1Z4 (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹66 Lakh. It is led by directors including Samarth Hemendra Sheth and Hemendra Himatlal Sheth.
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 No16 Gddic Industrialestate Somnath Road Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.35 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹12.82 Lakh (net margin -26.5%) and EBITDA of -₹9.2 Lakh (EBITDA margin -19%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 48% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹13.45 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are pending.
Indu Packaging (Daman) Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000007). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indupackaging.com.
Company details
CIN U74950DD1996PLC002159
Registration Number 002159
Incorporation Date 19 August 1996
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DD-01-0000007
Key People
Samarth Hemendra Sheth Director Hemendra Himatlal Sheth Director Vyoma Hemendra Sheth Director Recognitions & Rankings of Indu Packaging (Daman)
Contact details
Indu Packaging (Daman) Limited's registered office is in Daman, Daman And Diu. Its website is indupackaging.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No16 Gddic Industrialestate Somnath Road Daman, Daman and Diu, India – 396210
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Indu Packaging (Daman) Limited, buy the company report.
Comprehensive company report
Indu Packaging (Daman) 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 Indu Packaging (Daman) 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 Indu Packaging (Daman) Limited, buy the company report.
Financials of Indu Packaging (Daman) Limited
FY 2025 filings availableIndu Packaging (Daman) Limited reported revenue of ₹48.35 Lakh (down 78% YoY) for FY 2024.
Revenue · FY 2024
₹48.35 Lakh ▼ 78%
Net loss · FY 2024
₹12.82 Lakh margin -26.5%
EBITDA · FY 2024
-₹9.2 Lakh margin -19%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 43%
5 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 24%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 78% fall in the latest year. EBITDA rose 82% 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 | -₹9.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19% | ||||
| Net Profit Margin | -26.5% | ||||
| 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 Indu Packaging (Daman) Limited, buy the company report.
Board of directors of Indu Packaging (Daman) Limited
Indu Packaging (Daman) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samarth Hemendra Sheth Also directs: Indu Packagings LLP | Director | 30 Sep 2013 | 13 Years 0 Months | Current |
| Hemendra Himatlal Sheth Also directs: Indu Packagings LLP | Director | 19 Aug 1996 | 30 Years 2 Months | Current |
| Vyoma Hemendra Sheth | Director | 19 Aug 1996 | 30 Years 2 Months | Current |
Peer comparison
Indu Packaging (Daman) Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Films and Foils), 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 |
|---|---|---|---|---|---|---|
| Reliant Multi Pack India Private Limited | ₹52.18 Lakh (FY 2025) | 15.0% | Valsad, Gujarat, India | |||
| Indu Packaging (Daman) Limitedthis company | ₹48.35 Lakh (FY 2024) | -₹12.82 Lakh | -26.5% | -78.0% | 5 | Daman, Daman And Diu, India |
| TGP Bioplastics Private Limited | ₹47.67 Lakh (FY 2024) | 228.0% | Satara, Maharashtra, India | |||
| Manav Processors Private Limited | ₹46.14 Lakh (FY 2025) | -92.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Indu Packaging (Daman) Limited, buy the company report.
Auditor
Indu Packaging (Daman) Limited is audited by KAKARIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAKARIA & ASSOCIATES | FY 2021 | 104558W |
Shareholding
The shareholding of Indu Packaging (Daman) 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 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Indu Packaging (Daman) Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹13.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2006 | 10012264 | Bank of Baroda | ₹6.47 Cr | Satisfied | |
| 04 Oct 2005 | 90077759 | Bank of Baroda | ₹6.47 Cr | Satisfied | |
| 29 Jun 1998 | 90076745 | Dena Bank | ₹25 Lakh | Satisfied | |
| 29 Jun 1998 | 90077277 | Dena Bank; | ₹25 Lakh | Satisfied |
To see the full charge records of Indu Packaging (Daman) Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Indu Packaging (Daman) Limited has 7 court cases on record: 1 filed by Indu Packaging (Daman), 6 filed against it. 4 cases are pending and 3 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 4 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Criminal miscellaneous application | Filed against the company by Office of the Registrar of Companies | Pending |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Pending |
| District court, Daman, Diu and Daman | Civil suit | Filed by the company against an individual | Disposed |
| District court, North Goa, Goa | Court case (LC) | Filed against the company by Govt. of India | Disposed |
To see the full case history of Indu Packaging (Daman) 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 Indu Packaging (Daman) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indu Packaging (Daman) Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-37.5%
GST
Indu Packaging (Daman) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACI5028B1Z4 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Indu Packaging (Daman) Limited, buy the company report.
Recent activity
Indu Packaging (Daman) Limited has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Minal Mukesh Sheth ceased to be Director on 17 Oct 2013.
AGM
Indu Packaging (Daman) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indu Packaging (Daman) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge registered on 23 May 2006 via Charge ID 10012264 with Bank Of Baroda was fully satisfied on 17 Jun 2023.
Charges
A charge registered on 04 Oct 2005 via Charge ID 90077759 with Bank Of Baroda was fully satisfied on 17 Jun 2023.
Ceased
Minal Mukesh Sheth ceased to be Director.
Ceased
Mukesh Himatlal Sheth ceased to be Director.
Ceased
Ronak Mukesh Sheth ceased to be Director.
Appointed
Samarth Hemendra Sheth was appointed as Director.
Charges
A charge with Bank Of Baroda of Rs. 6.47 Cr registered on 23 May 2006 with Charge ID 10012264 was modified on 17 Mar 2012.
Charges
A charge with Bank Of Baroda of Rs. 6.47 Cr registered on 04 Oct 2005 with Charge ID 90077759 was modified on 17 Mar 2012.
Ceased
Himatlal Dhanjibhai Sheth ceased to be Director.
Ceased
Indumati Himatlal Sheth ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Indu Packaging (Daman) is an active public limited company based in Daman, Daman And Diu, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 19 August 1996 (30+ years old) and is registered under CIN U74950DD1996PLC002159.
Indu Packaging (Daman) has 3 current directors:
- Samarth Hemendra Sheth - Director
- Hemendra Himatlal Sheth - Director
- Vyoma Hemendra Sheth - Director
The latest financial statements of Indu Packaging (Daman) 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 Indu Packaging (Daman) is 26AAACI5028B1Z4, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Indu Packaging (Daman) is U74950DD1996PLC002159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indu Packaging (Daman) has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending.
Indu Packaging (Daman) was incorporated on 19 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Indu Packaging (Daman) by revenue are Reliant Multi Pack India Private Limited, TGP Bioplastics Private Limited, Manav Processors Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Minal Mukesh Sheth ceased to be Director on 17 Oct 2013. Mukesh Himatlal Sheth ceased to be Director on 17 Oct 2013. Ronak Mukesh Sheth ceased to be Director on 17 Oct 2013. Indu Packaging (Daman) has 8 board changes on record in total.
Yes, Indu Packaging (Daman) is registered as a micro enterprise under Udyam registration (number: UDYAM-DD-01-0000007).
Indu Packaging (Daman) can be reached through the website indupackaging.com. Its registered office is in Daman, Daman And Diu, India.