About Jolly Board Private Limited
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Jolly Board Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Jolly Exports Pvt Ltd. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 10 December 1956 and has been in existence for over 70 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20200MH1956PTC009899. Its GSTIN is 27AAACJ1006G1Z5 (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹4.55 Cr. It was formerly known as Anil Hardboards Ltd. It is led by directors including Arjun Arvind Jolly (Managing Director) and Anil Ramdas Shinde (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501 Rewa Chambers31 Sir V Thackersey Marg, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹186.25 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹37.68 Cr (net margin 20.2%) and EBITDA of ₹54.95 Cr (EBITDA margin 29.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 13% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jolly board. As per MCA filings, the company has satisfied charges of ₹262.61 Cr on record. Court records list 89 cases involving the company, including 31 filed by the company and 58 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jollyboard.com.
Company details
Name history
Jolly Board has undergone 2 name changes throughout its history. The company was previously known as Anil Hardboards Ltd, and Jolly Board Private Limited. The current legal name is Jolly Board Private Limited.
| Company Name | Status |
|---|---|
| Jolly Board Private Limited | Current |
| Anil Hardboards Ltd | Previous |
CIN history
Jolly Board has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20200MH1956PTC009899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20200MH1956PTC009899 | Current |
| U20200MH1956PLC009899 | Previous |
| L20200MH1956PLC009899 | Previous |
Contact details
Jolly Board Private Limited's registered office is in Mumbai, Maharashtra. Its website is jollyboard.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 Rewa Chambers31 Sir V Thackersey Marg, Mumbai, Maharashtra, India – 400020
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Jolly Board Private 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
Jolly Board operates one associated brand: Jolly board. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures building materials and develops commercial properties in India. | jollyboard.com |
Business activity
The main business activities of Jolly Board are manufacturing and real estate. In detail, this covers wood and wood products, furniture, paper and paper products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| 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 | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Jolly Board Private Limited, buy the company report.
Financials of Jolly Board Private Limited
FY 2025 filings availableJolly Board Private Limited reported revenue of ₹186.25 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 16% growth in the latest year. EBITDA rose 40% 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 | ₹54.95 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹37.68 Cr | ||||
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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 | 29.5% | ||||
| Net Profit Margin | 20.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jolly Board Private Limited, buy the company report.
Board of directors of Jolly Board Private Limited
Jolly Board has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Ramdas Shinde | Whole-Time Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Arjun Arvind Jolly | Managing Director | 01 Sep 2023 | 3 Years 1 Months | Current |
| Pranabkumar Jyotirmoy Dasgupta Also directs: Ittc Kanjur Private Limited | Director | 22 Apr 2009 | 17 Years 6 Months | Current |
| Rashmi Jolly | Whole-Time Director | 31 Mar 1983 | 43 Years 6 Months | Current |
Peer comparison
Jolly Board Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 |
|---|---|---|---|---|---|---|
| Coast to Coast Designs Limited | ₹198.97 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Archit Nuwood Industries Limited | ₹198.53 Cr (FY 2024) | 29.0% | Tohana, Haryana, India | |||
| Jolly Board Private Limitedthis company | ₹186.25 Cr (FY 2025) | ₹37.68 Cr | 20.2% | 16.0% | 153 | Mumbai, Maharashtra, India |
| Austin Plywood Private Limited | ₹179.82 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Saburi Panels Private Limited | ₹173.23 Cr (FY 2025) | -22.0% | Kolkata, West Bengal, India | |||
| Solid Ply Private Limited | ₹171.18 Cr (FY 2024) | 34.0% | Kolkata, West Bengal, India | |||
| Lamtuf Limited | ₹170.43 Cr (FY 2024) | -15.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Jolly Board Private Limited, buy the company report.
Auditor
Jolly Board Private Limited is audited by R. A. SHETH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. A. SHETH & ASSOCIATES | FY 2023 | 113270W |
Shareholding
The shareholding of Jolly Board 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 Jolly Board Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2016 | 100065821 | Hdfc Bank Limited | ₹7.65 Cr | Satisfied | |
| 29 Aug 2016 | 100055294 | Hdfc Bank Limited | ₹7.5 Cr | Satisfied | |
| 19 May 2014 | 10502791 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 24 Mar 2014 | 10489224 | Kotak Mahindra Bank Limited | ₹15 Cr | Satisfied | |
| 28 Jun 2010 | 10226130 | Housing Development Finance Corporation Limited | ₹100 Cr | Satisfied |
To see the full charge records of Jolly Board Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Jolly Board Private Limited has 89 court cases on record: 31 filed by Jolly Board, 58 filed against it. 17 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 34 | 9 |
| High courts | 37 | 24 | 8 |
Cases on record (5 of 89)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Bedrock Capital Pvt. Ltd. and Anr. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Bedrock Capital Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Bedrock Capital Pvt. Ltd. | Disposed |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against Star Ply Lam Limited | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Bedrock Capital Pvt. Ltd. | Disposed |
To see the full case history of Jolly Board Private 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
Jolly Board Private Limited was last rated by Crisil on 03 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Oct 2019 |
To see the full credit ratings and regulatory alerts of Jolly Board Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jolly Board Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jolly Board Private Limited has a workforce of 153 employees on its EPFO records as of Oct 09, 2025, across 4 active EPFO establishments.
GST
Jolly Board has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ1006G1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jolly Board Private Limited, buy the company report.
Recent activity
Jolly Board Private Limited has 14 board changes on record since 1983: 4 appointments and 10 cessations. The latest: Jimmy Ferdoon Pochkhanawalla ceased to be Director on 01 Jul 2025.
33 earlier events are in the company report.
Frequently asked questions
Jolly Board is an active private limited company based in Mumbai, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 10 December 1956 (70+ years old) and is registered under CIN U20200MH1956PTC009899.
Jolly Board has 4 current directors:
- Arjun Arvind Jolly - Managing Director
- Anil Ramdas Shinde - Whole-Time Director
- Rashmi Jolly - Whole-Time Director
- Pranabkumar Jyotirmoy Dasgupta - Director
The latest financial statements of Jolly Board on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jolly Board is 27AAACJ1006G1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jolly Board is U20200MH1956PTC009899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jolly Board has 89 court cases on record: 31 filed by the company and 58 filed against it. 17 are pending. Most are in the district courts.
Jolly Board was incorporated on 10 December 1956, making it 70+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jolly Board by revenue are Coast to Coast Designs Limited, Archit Nuwood Industries Limited, Austin Plywood Private Limited, Saburi Panels Private Limited, Solid Ply Private Limited and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Jimmy Ferdoon Pochkhanawalla ceased to be Director on 01 Jul 2025. Kewal Krishan Nohria ceased to be Director on 01 Jul 2025. Arjun Arvind Jolly was appointed as Managing Director on 01 Sep 2023. Jolly Board has 14 board changes on record in total.
Jolly Board can be reached through the website jollyboard.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Jolly Board is at 501 Rewa Chambers31 Sir V Thackersey Marg, Mumbai, Maharashtra, India – 400020.