MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-07-0005094
Jagannath Polypacks Limited
Jagannath Polypacks Limited - packaging in Jagatpur, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.36 Cr
▼ 5% YoY
Net profit · FY 2023
₹1.17 Lakh
Net margin 0.1%
EBITDA · FY 2023
₹1.97 Cr
EBITDA margin 17.3%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹9.26 Cr
Issued & subscribed
Open charges
₹34.01 Cr
Satisfied ₹20.25 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
40
Provident fund records
About Jagannath Polypacks Limited
Data last updated:
Jagannath Polypacks Limited is a public limited company based in Jagatpur, Odisha, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 30 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U17290OR2007PLC009447. Its GSTIN is 21AACCJ0588K1ZL (Odisha).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.26 Cr. It is led by directors including Manoj Kumar Subudhi (Managing Director) and Sourav Sekhar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Idco Plot No.202 – 209 Phase – II New Industrial Estate, Jagatpur, Odisha, India – 754021.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.36 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Lakh (net margin 0.1%) and EBITDA of ₹1.97 Cr (EBITDA margin 17.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.01 Cr and satisfied charges of ₹20.25 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 4 cases are pending.
Jagannath Polypacks Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0005094). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17290OR2007PLC009447
Registration Number 009447
Incorporation Date 30 July 2007
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-07-0005094
Key People
Manoj Kumar Subudhi Managing Director Sourav Sekhar Director Kshirod Kumar Subudhi Director Recognitions & Rankings of Jagannath Polypacks
Contact details
Jagannath Polypacks Limited's registered office is in Jagatpur, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIdco Plot No.202 – 209 Phase – II New Industrial Estate, Jagatpur, Odisha, India – 754021
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Jagannath Polypacks Limited, buy the company report.
Comprehensive company report
Jagannath Polypacks 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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Secure checkout · GST invoice included
Business activity
The main business activity of Jagannath Polypacks 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 Jagannath Polypacks Limited, buy the company report.
Financials of Jagannath Polypacks Limited
FY 2023 filings availableJagannath Polypacks Limited reported revenue of ₹11.36 Cr (down 5% YoY) for FY 2023.
Revenue · FY 2023
₹11.36 Cr ▼ 5%
Net profit · FY 2023
₹1.17 Lakh margin 0.1%
EBITDA · FY 2023
₹1.97 Cr margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 5% fall in the latest year. EBITDA rose 9% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.17 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Jagannath Polypacks Limited, buy the company report.
Board of directors of Jagannath Polypacks Limited
Jagannath Polypacks has 3 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 |
|---|---|---|---|---|
| Sourav Sekhar Also directs: Jagannath Polymers Limited, Jagannath Plastipacks Limited | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Kshirod Kumar Subudhi Also directs: Jagannath Polymers Limited, Jagannath Plastipacks Limited | Director | 30 Jul 2007 | 19 Years 2 Months | Current |
| Manoj Kumar Subudhi Also directs: Jagannath Polymers Limited, Jagannath Plastipacks Limited | Managing Director | 30 Jul 2007 | 19 Years 2 Months | Current |
Peer comparison
Jagannath Polypacks Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Uniteed Polypacks Private Limited | ₹11.63 Cr (FY 2023) | 96.0% | Dindigul, Tamil Nadu, India | |||
| Newfabrics Packaging Private Limited | ₹11.6 Cr (FY 2024) | Udaipur, Rajasthan, India | ||||
| Jagannath Polypacks Limitedthis company | ₹11.36 Cr (FY 2023) | ₹1.17 Lakh | 0.1% | -5.0% | 40 | Jagatpur, Odisha, India |
| Shree Gajanand Plastics Private Limited | ₹11.22 Cr (FY 2024) | -13.0% | Nagpur, Maharashtra, India | |||
| Meerut Polypack Private Limited | ₹11.2 Cr (FY 2025) | -5.0% | Delhi, India |
To see the full peer comparison of Jagannath Polypacks Limited, buy the company report.
Auditor
Jagannath Polypacks Limited is audited by B.N. MISRA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.N. MISRA & CO. | FY 2022 | 321095E |
Shareholding
The shareholding of Jagannath Polypacks Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jagannath Polypacks Limited, buy the company report.
Charges & borrowings
Open charges
₹34.01 Cr
Satisfied charges
₹20.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2023 | 100703105 | Sidbi | ₹80 Lakh | Open | |
| 09 Jan 2020 | 100317500 | Others | ₹6.72 Cr | Open | |
| 09 Jan 2020 | 100317501 | Others | ₹15.28 Cr | Open | |
| 14 Dec 2018 | 100236109 | Others | ₹10 Lakh | Open | |
| 29 Dec 2014 | 10545135 | Canara Bank | ₹11.11 Cr | Open |
To see the full charge records of Jagannath Polypacks Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Jagannath Polypacks Limited has 13 court cases on record: 1 filed by Jagannath Polypacks, 12 filed against it. 4 cases are pending and 9 are disposed.
Total cases
13
Filed by the company
1
Filed against the company
12
Pending
4
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
| High courts | 5 | 4 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Vsa Business Solutions Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Prabhupoly Colorltd | Pending |
| District court, Cuttack, Odisha | Court case (CRLMC) | Filed against the company by Canara Bank | Disposed |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S Superpack (A Division of Bajaj Steel Industries Ltd.) | Disposed |
| District court, Khurda, Orissa | Civil suit | Filed against the company by Swift Securitas Pvt Ltd | Disposed |
To see the full case history of Jagannath Polypacks 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.
Credit ratings & regulatory alerts
Jagannath Polypacks Limited was last rated by Care on 28 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Sep 2021 |
To see the full credit ratings and regulatory alerts of Jagannath Polypacks Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jagannath Polypacks Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jagannath Polypacks has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Jagannath Polypacks Limited has a workforce of 40 employees on its EPFO records as of Dec 05, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
-4.76%
GST
Jagannath Polypacks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCJ0588K1ZL | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jagannath Polypacks Limited, buy the company report.
Recent activity
Jagannath Polypacks Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Sourav Sekhar was appointed as Director on 30 Sep 2019.
AGM
Jagannath Polypacks Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Jagannath Polypacks Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
Charges
A charge with Sidbi amounted to Rs. 0.80 Cr with Charge ID 100703105 was registered on 23 Mar 2023.
Charges
A charge with Canara Bank of Rs. 11.11 Cr registered on 29 Dec 2014 with Charge ID 10545135 was modified on 08 Sep 2022.
Charges
A charge with Others of Rs. 6.72 Cr registered on 09 Jan 2020 with Charge ID 100317500 was modified on 09 Aug 2022.
Charges
A charge with Others of Rs. 15.28 Cr registered on 09 Jan 2020 with Charge ID 100317501 was modified on 09 Aug 2022.
Charges
A charge registered on 19 Dec 2018 via Charge ID 100236111 with Others was fully satisfied on 28 Jul 2022.
Charges
A charge with Others amounted to Rs. 6.72 Cr with Charge ID 100317500 was registered on 09 Jan 2020.
Charges
A charge with Others amounted to Rs. 15.28 Cr with Charge ID 100317501 was registered on 09 Jan 2020.
Appointed
Sourav Sekhar was appointed as Director.
Ceased
Saroj Kumar Subudhi ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100236111 was registered on 19 Dec 2018.
17 earlier events are in the company report.
Frequently asked questions
Jagannath Polypacks is an active public limited company based in Jagatpur, Odisha, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 30 July 2007 (19+ years old) and is registered under CIN U17290OR2007PLC009447.
Jagannath Polypacks has 3 current directors:
- Manoj Kumar Subudhi - Managing Director
- Sourav Sekhar - Director
- Kshirod Kumar Subudhi - Director
The latest financial statements of Jagannath Polypacks on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Jagannath Polypacks is 21AACCJ0588K1ZL, registered in Odisha.
The CIN (Corporate Identification Number) of Jagannath Polypacks is U17290OR2007PLC009447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagannath Polypacks has 13 court cases on record: 1 filed by the company and 12 filed against it. 4 are pending. Most are in the district courts.
Jagannath Polypacks was incorporated on 30 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Jagannath Polypacks by revenue are Uniteed Polypacks Private Limited, Newfabrics Packaging Private Limited, Shree Gajanand Plastics Private Limited, Meerut Polypack Private Limited, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sourav Sekhar was appointed as Director on 30 Sep 2019. Saroj Kumar Subudhi ceased to be Director on 01 Sep 2019. Adit Suman ceased to be Director on 28 Jul 2015. Jagannath Polypacks has 9 board changes on record in total.
Yes, Jagannath Polypacks is registered as a small enterprise under Udyam registration (number: UDYAM-OD-07-0005094).
The registered office of Jagannath Polypacks is at Idco Plot No.202 – 209 Phase – II New Industrial Estate, Jagatpur, Odisha, India – 754021.