Kandg Packaging Private Limited
About Kandg Packaging Private Limited
Data last updated:
Kandg Packaging Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the paper segment of the packaging sector. It was incorporated on 01 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2003PTC031418. Its GSTIN is 29AACCK1799H1Z4 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Alpesh Vijay Ashar and Harish Trikamdas Ashar.
Its last annual general meeting (AGM) was held on 22 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.139/1 Sarvabhoumanagar Bannerghatta Road Billekahalli, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.25 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹44.03 Lakh (net margin 3.1%) and EBITDA of ₹1.03 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹84 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.139/1 Sarvabhoumanagar Bannerghatta Road Billekahalli, Bangalore, Karnataka, India – 560076
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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 Kandg Packaging Private Limited
The main business activity of Kandg Packaging is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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 Kandg Packaging Private Limited FY 2024 filings available
Kandg Packaging Private Limited reported revenue of ₹14.25 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kandg Packaging Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 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 of Kandg 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 | ₹1.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.03 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 Kandg Packaging Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Kandg 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 Kandg Packaging Private Limited
Kandg Packaging Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated 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 |
|---|---|---|---|---|---|---|
| Geet Pack Pvt Ltd | ₹14.47 Cr (FY 2017) | •••• | •••• | 33.0% | •••• | Valsad, Gujarat, India |
| Sunny Texcone India Private Limited | ₹14.44 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Hapur, Uttar Pradesh, India |
| Busymen Offset Printers Pvt Ltd | ₹14.42 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Indore, Madhya Pradesh, India |
| Corel Offset & Packaging Private Limited | ₹14.36 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Nashik, Maharashtra, India |
| True Value Kappa Private Limited | ₹14.35 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Kandg Packaging Private Limited this company | ₹14.25 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Sterling Corrugation Industry Private Limited | ₹14.23 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Agrim Print and Pack Private Limited | ₹14.2 Cr (FY 2025) | •••• | •••• | •••• | Kadi, Gujarat, India | |
| Khatushyam Corrugated Boxes Private Limited | ₹14.19 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Jalpaiguri, West Bengal, India |
| Sapfoodpack Private Limited | ₹14.17 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Gurgaon, Haryana, India |
| Naptech Packagings Private Limited | ₹14.16 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hosur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Kandg Packaging by revenue in the Packaging industry (Paper Laminated and Corrugated 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 Kandg Packaging Private Limited
Kandg Packaging Private Limited is audited by CHANDRAKANTH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDRAKANTH & 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 Kandg Packaging Private Limited
Kandg Packaging has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpesh Vijay Ashar | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Harish Trikamdas Ashar | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Deepa Alpesh Ashar | Director | 01 Jan 2003 | 23 Years 9 Months | Current |
| Priti Harish Ashar | Director | 01 Jan 2003 | 23 Years 9 Months | Current |
Ownership and Shareholding of Kandg 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 Kandg Packaging Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2016 | Others | ₹84 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Kandg Packaging Private Limited
Kandg Packaging Private Limited has a workforce of 35 employees as of Apr 09, 2024.
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.
Recent Activity on Kandg Packaging Private Limited
Kandg Packaging Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Alpesh Vijay Ashar was appointed as Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Kandg 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 Kandg 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 Kandg 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 Kandg Packaging Private Limited
Kandg Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCK1799H1Z4 | Karnataka | 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 Kandg 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 Kandg Packaging Private Limited
Kandg Packaging is an active private limited company based in Bangalore, Karnataka, India. The company works in paper, within the packaging industry. It was incorporated on 01 January 2003 (23+ years old) and is registered under CIN U74999KA2003PTC031418.
Kandg Packaging reported revenue of ₹14.25 Cr for FY 2024 (down 36% YoY).
Kandg Packaging has 4 current directors:
- Alpesh Vijay Ashar - Director
- Harish Trikamdas Ashar - Director
- Deepa Alpesh Ashar - Director
- Priti Harish Ashar - Director
Kandg Packaging reported a net profit of ₹44.03 Lakh (net margin 3.1%) and EBITDA of ₹1.03 Cr (EBITDA margin 7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kandg Packaging is -2% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kandg Packaging is 29AACCK1799H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Kandg Packaging is U74999KA2003PTC031418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandg Packaging was incorporated on 01 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kandg Packaging by revenue are Geet Pack Pvt Ltd, Sunny Texcone India Private Limited, Busymen Offset Printers Pvt Ltd, Corel Offset & Packaging Private Limited, True Value Kappa Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Alpesh Vijay Ashar was appointed as Director on 30 Nov 2021. Harish Trikamdas Ashar was appointed as Director on 30 Nov 2021. Laxmi Trikamdas Ashar ceased to be Director on 15 Dec 2019. Kandg Packaging has 5 board changes on record in total.
The registered office of Kandg Packaging is at No.1391 Sarvabhoumanagar Bannerghatta Road Billekahalli, Bangalore, Karnataka, India – 560076.