Joy Packaging Private Limited
About Joy Packaging Private Limited
Data last updated:
Joy Packaging Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 15 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29291MH1990PTC058998. Its GSTIN is 27AAACJ3119Q1ZA (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Joy Closures Private Limited. It is led by directors Atul Devchand Shah and Mehul Atul Shah.
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 201 Prashanti Chs Ltd Devidas Lane Nr Mtnl Hostel Borivali (West)., Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.3 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹5.87 Lakh (net margin 1.4%) and EBITDA of ₹19.75 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹4.15 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address201 Prashanti Chs Ltd Devidas Lane Nr Mtnl Hostel Borivali (West)., Mumbai, Maharashtra, India – 400103
- IndustryPackaging, Industrial Packaging Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Joy Packaging Private Limited
The main business activity of Joy Packaging is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Joy Packaging Private Limited FY 2025 filings available
Joy Packaging Private Limited reported revenue of ₹4.3 Cr (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Joy Packaging Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 66% 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 of Joy Packaging Private Limited
| 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 | ₹19.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.87 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Joy Packaging Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Joy Packaging are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Joy Packaging Private Limited
Joy Packaging Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kajal Print and Pack Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Kanhaji Polyfilms Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Minto Packs Private Limited | ₹4.32 Cr (FY 2020) | •••• | •••• | -45.0% | •••• | Delhi, India |
| Sri Deepti Foils Limited | ₹4.31 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| Positive Associate Private Limited | ₹4.31 Cr (FY 2024) | •••• | •••• | 69.0% | •••• | Jamshedpur, Jharkhand, India |
| Joy Packaging Private Limited this company | ₹4.3 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Mumbai, Maharashtra, India |
| Rups Lifesciences Private Limited | ₹4.3 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Ludhiana, Punjab, India |
| Speedandwings Air Services Private Limited | ₹4.27 Cr (FY 2025) | •••• | •••• | 863.0% | •••• | Thiruvananthapuram, Kerala, India |
| Hobe Packs Private Limited | ₹4.27 Cr (FY 2023) | •••• | •••• | 51.0% | •••• | Kottakkal, Kerala, India |
| Keep IT Fresh LLP | ₹4.26 Cr (FY 2020) | •••• | •••• | 677.0% | •••• | Manesar, Haryana, India |
| Hello Polymer (India) Private Limited | ₹4.24 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Joy Packaging by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Joy Packaging Private Limited
Joy Packaging Private Limited is audited by GY&CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GY&CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Joy Packaging Private Limited
Joy Packaging has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Devchand Shah Also directs: Thangam Metal Printers LLP, Trishul Newsinks Private Limited, Rajdeep Cans Private Limited and 3 more | Director | 10 Oct 1992 | 34 Years 0 Months | Current |
| Mehul Atul Shah Also directs: Thangam Metal Printers LLP, Trishul Newsinks Private Limited, Rajdeep Cans Private Limited and 3 more | Additional Director | 02 Feb 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Joy Packaging Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Joy Packaging Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2018 | Hdfc Bank Limited | ₹1.4 Cr | Satisfied |
| 10 May 2011 | Hdfc Bank Limited | ₹20 Lakh | Satisfied |
| 14 May 2001 | Bank of India | ₹30 Lakh | Satisfied |
| 24 Oct 1994 | Bank of India | ₹20 Lakh | Satisfied |
| 24 Oct 1994 | Bank of India | ₹30 Lakh | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Joy Packaging Private Limited
Joy Packaging Private Limited has 3 court cases on record: 2 filed by Joy Packaging, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.H) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.H) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.WCA.H) | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Joy Packaging Private Limited
Employment history and EPFO contributions of people linked to Joy Packaging.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Joy Packaging Private Limited
Joy Packaging has one previous CIN (Corporate Identification Number): U29290MH1990PTC058998. The current CIN is U29291MH1990PTC058998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29291MH1990PTC058998 | Current |
| U29290MH1990PTC058998 | Previous |
Recent Activity on Joy Packaging Private Limited
Joy Packaging Private Limited has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Darshana Atul Shah ceased to be Director on 02 Feb 2018.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Joy Packaging Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Joy Packaging Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Joy Packaging Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Joy Packaging Private Limited
Joy Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ3119Q1ZA | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Joy Packaging Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Joy Packaging Private Limited
Joy Packaging is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 15 November 1990 (36+ years old) and is registered under CIN U29291MH1990PTC058998.
Joy Packaging reported revenue of ₹4.3 Cr for FY 2024 (down 34% YoY).
Joy Packaging has 2 current directors:
- Atul Devchand Shah - Director
- Mehul Atul Shah - Additional Director
Joy Packaging reported a net profit of ₹5.87 Lakh (net margin 1.4%) and EBITDA of ₹19.75 Lakh (EBITDA margin 4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Joy Packaging is 5% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Joy Packaging is 27AAACJ3119Q1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Joy Packaging is U29291MH1990PTC058998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joy Packaging has 3 court cases on record: 2 filed by the company and 1 filed against it.
Joy Packaging was incorporated on 15 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joy Packaging by revenue are Kajal Print and Pack Private Limited, Kanhaji Polyfilms Private Limited, Minto Packs Private Limited, Sri Deepti Foils Limited, Positive Associate Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Darshana Atul Shah ceased to be Director on 02 Feb 2018. Mehul Atul Shah was appointed as Additional Director on 02 Feb 2018. Atul Devchand Shah was appointed as Director on 10 Oct 1992.