About Kherani Paper Mills Private Limited
Data last updated:
Kherani Paper Mills Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 20 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21010MH2005PTC153450. Its GSTIN is 27AAACK9923D1ZK (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹26.5 Cr and a paid-up capital of ₹26.5 Cr. It is led by directors including Meena Gajendra Agrawal (Managing Director) and Gajendra Nagin Agarwal.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹213.05 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹11.88 Cr (net margin 5.6%) and EBITDA of ₹13.38 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹190.64 Cr and satisfied charges of ₹457.7 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gspbl.com.
Company details
Contact details
Kherani Paper Mills Private Limited's registered office is in Mumbai, Maharashtra. Its website is gspbl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address410 Raheja Plaza Plot No. 15B Shah Indl Estate Off. Andheri Link Road, Andheri, Mumbai, Maharashtra, India – 400053
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Kherani Paper Mills 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
Financials of Kherani Paper Mills Private Limited
FY 2024 filings availableKherani Paper Mills Private Limited reported revenue of ₹213.05 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 14% growth in the latest year. EBITDA rose 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹213.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.88 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kherani Paper Mills Private Limited, buy the company report.
Board of directors of Kherani Paper Mills Private Limited
Kherani Paper Mills has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendra Nagin Agarwal | Director | 20 May 2006 | 20 Years 5 Months | Current |
| Tanisha Nikhar Agarwal | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Meena Gajendra Agrawal | Managing Director | 20 May 2006 | 20 Years 5 Months | Current |
Auditor
Kherani Paper Mills Private Limited is audited by S. S. GOENKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. GOENKA & ASSOCIATES | FY 2023 | 112671W |
Shareholding
The shareholding of Kherani Paper Mills 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 Kherani Paper Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2023 | 100734865 | Bank of India | ₹145 Cr | Open | |
| 30 Nov 2021 | 100511805 | Axis Bank Limited | ₹5 Lakh | Open | |
| 24 Sep 2020 | 100374697 | Axis Bank Limited | ₹25 Cr | Open | |
| 27 Dec 2019 | 100314733 | Axis Bank Limited | ₹33.79 Lakh | Open | |
| 20 Dec 2019 | 100320402 | Others | ₹20.25 Cr | Open |
To see the full charge records of Kherani Paper Mills Private Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Kherani Paper Mills Private Limited has 7 court cases on record: 3 filed by Kherani Paper Mills, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by Honest Machinery Pvt. Ltd | Disposed |
| District court, Valsad, Gujarat | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Valsad, Gujarat | Court case (CMA DC) | Filed by the company against Daman Ganga Recycled Resources A Limited Liability Partnership Frim Through | Disposed |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Kherani Paper Mills 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
Kherani Paper Mills Private Limited was last rated by Acuite on 08 May 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 08 May 2026 |
To see the full credit ratings and regulatory alerts of Kherani Paper Mills Private Limited, buy the company report.
MSME payment delays
Kherani Paper Mills Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 27 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Tex Biosciences Private Limited |
To see the full MSME payment records of Kherani Paper Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kherani Paper Mills has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Kherani Paper Mills has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK9923D1ZK | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK9923D2ZJ | Maharashtra | Active | 08 May 2025 |
| 24AAACK9923D1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kherani Paper Mills Private Limited, buy the company report.
Recent activity
Kherani Paper Mills Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Vivek Vinayak Joshi ceased to be Additional Director on 27 Jan 2020.
50 earlier events are in the company report.
Frequently asked questions
Kherani Paper Mills is an active private limited company based in Mumbai, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 20 May 2005 (21+ years old) and is registered under CIN U21010MH2005PTC153450.
Kherani Paper Mills has 3 current directors:
- Meena Gajendra Agrawal - Managing Director
- Gajendra Nagin Agarwal - Director
- Tanisha Nikhar Agarwal - Director
The latest financial statements of Kherani Paper Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kherani Paper Mills is 27AAACK9923D1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACK9923D2ZJ (Maharashtra), 24AAACK9923D1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Kherani Paper Mills is U21010MH2005PTC153450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kherani Paper Mills has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.
Kherani Paper Mills was incorporated on 20 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Vivek Vinayak Joshi ceased to be Additional Director on 27 Jan 2020. Tanisha Nikhar Agarwal ceased to be Additional Director on 29 Sep 2017. Tanisha Nikhar Agarwal was appointed as Director on 21 Mar 2017. Kherani Paper Mills has 7 board changes on record in total.
Kherani Paper Mills has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 27 overdue payments to 21 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Kherani Paper Mills can be reached through the website gspbl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kherani Paper Mills is at 410 Raheja Plaza Plot No. 15B Shah Indl Estate Off. Andheri Link Road, Andheri, Mumbai, Maharashtra, India – 400053.
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