About Krishna Corrugators Private Limited
Data last updated:
Krishna Corrugators Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 28 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21020MH2015PTC261425. Its GSTIN is 27AAFCK7444J1Z6 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Pankaj Dnyaneshwar Parte and Nilesh Dhondiram Daware.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gut No – 305 & 303/2 Hamrapur Village Manor – Wada Road Taluka – Wada, Palghar, Maharashtra, India – 421303.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.29 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹9.45 Lakh (net margin 0.8%) and EBITDA of ₹2.09 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹30.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krishnapkg.com.
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- TelephoneLocked
- Website
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- Registered AddressGut No – 305 & 303/2 Hamrapur Village Manor – Wada Road Taluka – Wada, Palghar, Maharashtra, India – 421303
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
- 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 Krishna Corrugators Private Limited
The main business activity of Krishna Corrugators 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 Krishna Corrugators Private Limited FY 2024 filings available
Krishna Corrugators Private Limited reported revenue of ₹12.29 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Krishna Corrugators Private Limited
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 505% 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 Krishna Corrugators 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 | ₹2.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.45 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 Krishna Corrugators Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Krishna Corrugators 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 Krishna Corrugators Private Limited
Krishna Corrugators 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 |
|---|---|---|---|---|---|---|
| Packwell(India) Pvt Ltd., | ₹12.46 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Godown, Jaipur, Rajasthan, India |
| Sun Grow Packers Private Limited | ₹12.44 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Packman Packaging Private Limited | ₹12.42 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Ambika Decor Private Limited | ₹12.41 Cr (FY 2022) | •••• | •••• | 27.0% | •••• | Indore, Madhya Pradesh, India |
| Dip Packaging Private Limited | ₹12.41 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Pune, Maharashtra, India |
| Krishna Corrugators Private Limited this company | ₹12.29 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Palghar, Maharashtra, India |
| Bansal Papertube Industries Private Limited | ₹12.24 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Panipat, Haryana, India |
| Umiya Board and Paper Mills Private Limited | ₹12.24 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Raipur, Chhattisgarh, India |
| Pawansut Corrugators Private Limited | ₹12.19 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Hathras, Uttar Pradesh, India |
| Singh Bhawani Paper Mills Private Limited | ₹12.17 Cr (FY 2023) | •••• | •••• | 2456.0% | •••• | Kolkata, West Bengal, India |
| Sarasvathi Corrugated (India) Private Limited | ₹12.15 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Chadigarh, Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Krishna Corrugators 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 Krishna Corrugators Private Limited
Krishna Corrugators Private Limited is audited by HARISH GUPTA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARISH GUPTA & 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 Krishna Corrugators Private Limited
Krishna Corrugators has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Dnyaneshwar Parte Also directs: Jai Shree Krishna Packaging Private Limited | Director | 21 Apr 2022 | 4 Years 5 Months | Current |
| Nilesh Dhondiram Daware | Director | 21 Apr 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Krishna Corrugators 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 Krishna Corrugators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | Others | ₹17.2 Lakh | Open |
| 22 Mar 2024 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹2.5 Cr | Open |
| 09 Mar 2023 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹1.29 Cr | Open |
| 04 Feb 2023 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹2.5 Cr | Open |
| 14 Dec 2020 | Others | ₹60 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Krishna Corrugators Private Limited
Krishna Corrugators Private Limited has a workforce of 0 employees as of Mar 23, 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 Krishna Corrugators Private Limited
Krishna Corrugators Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Archana Nilesh Daware ceased to be Director on 22 Apr 2022.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Krishna Corrugators 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 Krishna Corrugators 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 Krishna Corrugators 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 Krishna Corrugators Private Limited
Krishna Corrugators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK7444J1Z6 | Maharashtra | Active | 28 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 Krishna Corrugators 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 Krishna Corrugators Private Limited
Krishna Corrugators is an active private limited company based in Palghar, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 28 January 2015 (11+ years old) and is registered under CIN U21020MH2015PTC261425.
Krishna Corrugators reported revenue of ₹12.29 Cr for FY 2024 (down 19% YoY).
Krishna Corrugators has 2 current directors:
- Pankaj Dnyaneshwar Parte - Director
- Nilesh Dhondiram Daware - Director
Krishna Corrugators reported a net profit of ₹9.45 Lakh (net margin 0.8%) and EBITDA of ₹2.09 Cr (EBITDA margin 17%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krishna Corrugators is 15% over three years and 17% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Krishna Corrugators is 27AAFCK7444J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Krishna Corrugators is U21020MH2015PTC261425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishna Corrugators was incorporated on 28 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Krishna Corrugators by revenue are Packwell(India) Pvt Ltd,, Sun Grow Packers Private Limited, Packman Packaging Private Limited, Ambika Decor Private Limited, Dip Packaging Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Archana Nilesh Daware ceased to be Director on 22 Apr 2022. Trunali Pankaj Parte ceased to be Director on 22 Apr 2022. Nilesh Dhondiram Daware was appointed as Director on 21 Apr 2022. Krishna Corrugators has 7 board changes on record in total.
Krishna Corrugators can be reached through the website krishnapkg.com. Its registered office is in Palghar, Maharashtra, India.