- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-71-0000009

About J B Daruka Papers Limited
Data last updated:
J B Daruka Papers Limited is a public limited company based in Sitapur, Uttar Pradesh, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 12 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U21093UP1995PLC018035. Its GSTIN is 09AAACJ3823F1ZS (Uttar Pradesh).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Suresh Kumar Agarwal (Managing Director) and Sanjay Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sitapur, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.59 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 1.3%) and EBITDA of ₹6.28 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 3% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JB Daruka Papers Limited. As per MCA filings, the company has open charges of ₹20.53 Cr and satisfied charges of ₹83.45 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 4 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in December 2023.
J B Daruka Papers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-71-0000009). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jbdaruka.com.
Company details
Recognitions & Rankings of J B Daruka Papers
Contact details
J B Daruka Papers Limited's registered office is in Sitapur, Uttar Pradesh. Its website is jbdaruka.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 1 Industrial Area, Advenia Grant Shahjahanpur Road, Sitapur, Uttar Pradesh, India – 261001
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of J B Daruka 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
Brands
J B Daruka Papers operates one associated brand: JB Daruka Papers Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Speciality paper manufacturing using sustainable materials in India. | jbdaruka.com |
Business activity
The main business activity of J B Daruka 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 J B Daruka Papers Limited, buy the company report.
Financials of J B Daruka Papers Limited
FY 2024 filings availableJ B Daruka Papers Limited reported revenue of ₹88.59 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 23% 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 |
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| EBITDA | ₹6.28 Cr | ||||
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| Net Profit (PAT) | ₹1.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of J B Daruka Papers Limited, buy the company report.
Board of directors of J B Daruka Papers Limited
J B Daruka Papers has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Agarwal Also directs: Daruka Marketing Private Limited | Managing Director | 16 Oct 1995 | 31 Years 0 Months | Current |
| Sanjay Agarwal | Whole-Time Director | 30 Oct 2015 | 10 Years 11 Months | Current |
| Ramesh Kumar Agrawal | Whole-Time Director | 01 Feb 2008 | 18 Years 8 Months | Current |
Auditor
J B Daruka Papers Limited is audited by C L KANODIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C L KANODIA & CO | FY 2023 | 001002C |
Shareholding
The shareholding of J B Daruka Papers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J B Daruka Papers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2023 | 100756859 | Others | ₹20.53 Cr | Open | |
| 28 Feb 2013 | 10487996 | Canara Bank | ₹49.56 Lakh | Satisfied | |
| 25 Jun 2009 | 10166415 | Canara Bank | ₹13 Cr | Satisfied | |
| 26 May 2009 | 10166414 | Canara Bank | ₹16.79 Cr | Satisfied | |
| 12 May 2007 | 10059713 | Punjab National Bank | ₹23.57 Cr | Satisfied |
To see the full charge records of J B Daruka Papers Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
J B Daruka Papers Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in December 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sanjay Kumar Agarwal Huf, Suresh Kumar Agarwal Huf, 2 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vishwanath Agarwal Huf, 3 individuals |
| Apr 2008 | Funding round | ₹1 Cr | Investors: 4 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sushil Kakranai Huf, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
J B Daruka Papers Limited has 18 court cases on record: 10 filed by J B Daruka Papers, 8 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 0 |
| District courts | 7 | 4 | 3 |
| NCLT | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1001-Company Law, Sick Industries including Disinvestment : Company Law, Sick Industries including Disinvestment) | Filed against the company by individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Credas Trusteeship Service Pvt Ltd Through Its Auth Rep Mr Aman Sunilkumar Chhaparwal | Pending |
| District court, Sitapur, Uttar Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Sitapur, Uttar Pradesh | Civil suit | Filed by the company against individuals | Pending |
| NCLT, NCLT Allahabad | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of J B Daruka 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 J B Daruka Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
J B Daruka Papers Limited has a workforce of 47 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
J B Daruka Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACJ3823F1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J B Daruka Papers Limited, buy the company report.
Recent activity
J B Daruka Papers Limited has 27 board changes on record since 1995: 15 appointments and 12 cessations. The latest: Onkar Nath Tandon ceased to be Director on 01 Sep 2019.
56 earlier events are in the company report.
Frequently asked questions
J B Daruka Papers is an active public limited company based in Sitapur, Uttar Pradesh, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 12 May 1995 (31+ years old) and is registered under CIN U21093UP1995PLC018035.
J B Daruka Papers has 3 current directors:
- Suresh Kumar Agarwal - Managing Director
- Sanjay Agarwal - Whole-Time Director
- Ramesh Kumar Agrawal - Whole-Time Director
The latest financial statements of J B Daruka Papers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of J B Daruka Papers is 09AAACJ3823F1ZS, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of J B Daruka Papers is U21093UP1995PLC018035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J B Daruka Papers has 18 court cases on record: 10 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
J B Daruka Papers was incorporated on 12 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
J B Daruka Papers has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in December 2023.
Onkar Nath Tandon ceased to be Director on 01 Sep 2019. Niranjan Lal ceased to be Director on 29 Aug 2017. Onkar Nath Tandon was appointed as Director on 30 Oct 2015. J B Daruka Papers has 27 board changes on record in total.
Yes, J B Daruka Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-71-0000009).