Mahik Pack Private Limited

Mahik Pack Private Limited - packaging in Anand, Gujarat, India. Directors, charges & compliance details.
CIN U25202GJ1990PTC014596 Incorporated 06 November 1990 ROC Ahmedabad HQ Anand, Gujarat, India
Converted to LLP Private Limited Company packaging
Data last updated
Revenue · FY 2023
₹12.03 Lakh
▼ 12% YoY
Net profit · FY 2023
₹24.11 Lakh
Net margin 200.4%
EBITDA · FY 2023
₹30.14 Lakh
EBITDA margin 250.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.04 Lakh
Issued & subscribed
Satisfied charges
₹12.14 Lakh
No open charges
Company age
36 yrs
Est. 1990
Employees · EPFO
3
Provident fund records

About Mahik Pack Private Limited

Data last updated:

Mahik Pack Private Limited was a private limited company based in Anand, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the paper segment of the packaging sector. It was incorporated on 06 November 1990.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ1990PTC014596. Its GSTIN is 24AABCM6408Q1Z6 (Gujarat).

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.04 Lakh. It was led by directors Kanchan Mohan Khatri and Mohan Kanhiyalal Khatri.

Its last annual general meeting (AGM) was held on 02 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Anand, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹12.03 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹24.11 Lakh (net margin 200.4%) and EBITDA of ₹30.14 Lakh (EBITDA margin 250.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹12.14 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Company Details of Mahik Pack Private Limited
CIN U25202GJ1990PTC014596
Registration Number 014596
Incorporation Date 06 November 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 02 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Room No. 2 Plot No. 180 Nandanbag Swaraj, Karamsad – Jod Road, Anand, Gujarat, India – 388325
  • Industry
    Packaging, Paper, Laminated & Corrugated Packaging
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Financials, compliance, directors, charges, ownership and filings for Mahik Pack Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mahik Pack Private Limited

The main business activity of Mahik Pack is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Mahik Pack Private Limited FY 2024 filings available

Mahik Pack Private Limited reported revenue of ₹12.03 Lakh (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹12.03 Lakh ▼ 12%
Net profit · FY 2023
₹24.11 Lakh margin 200.4%
EBITDA · FY 2023
₹30.14 Lakh margin 250.5%

Compounded Annual Growth Rate (CAGR) of Mahik Pack Private Limited

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 11%
5 years · compounded
▼ 9%
EBITDA CAGR growth
3 years · compounded
▲ 329%
5 years · compounded
▲ 99%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 12% fall 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 Mahik Pack Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹30.14 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹24.11 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 Mahik Pack Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin250.5%••••••••••••••••
Net Profit Margin200.4%••••••••••••••••
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 Mahik Pack are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Mahik Pack Private Limited

Mahik Pack has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kanchan Mohan KhatriDirector06 Nov 199035 Years 11 MonthsAs last reported
Mohan Kanhiyalal KhatriDirector06 Nov 199035 Years 11 MonthsAs last reported

Peer Comparison of Mahik Pack Private Limited

Mahik Pack 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Chotanagpur Foundry Private Limited₹12.59 Lakh (FY 2025)••••••••-31.0%••••Ranchi, Jharkhand, India
Mileage Overseas Private Limited₹12.58 Lakh (FY 2024)••••••••••••New Delhi, Delhi, India
Tex-Tube Manufacturing Company Private Limited₹12.39 Lakh (FY 2025)••••••••33.0%••••Mumbai, Maharashtra, India
Shagun Enterprises Pvt Ltd₹12.29 Lakh (FY 2025)••••••••-63.0%••••New Delhi, Delhi, India
Colart Camlin Canvas Private Limited₹12.1 Lakh (FY 2024)••••••••6.0%••••Thane, Maharashtra, India
Mahik Pack Private Limited this company₹12.03 Lakh (FY 2023)••••••••-12.0%••••Anand, Gujarat, India
Terapanth Packaging Private Limited₹12.03 Lakh (FY 2025)••••••••13.0%••••New Delhi, Delhi, India
Udaya Cartons Private Limited₹12.03 Lakh (FY 2021)••••••••-35.0%••••Malappuram, Kerala, India
Prathmesh Paper and Board Industries Private Limited₹12 Lakh (FY 2024)••••••••-35.0%••••Lucknow, Uttar Pradesh, India
Tarun Composites Pvt Ltd₹12 Lakh (FY 2025)••••••••-75.0%••••Ahmedabad, Gujarat, India
Chakra Packaging Private Limited₹11.81 Lakh (FY 2019)••••••••-36.0%••••Coimbatore, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Mahik Pack 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 Mahik Pack Private Limited

Mahik Pack Private Limited is audited by KIRAN PATEL & CO. for the financial year 2022.

NameStatusAppointment DateCessation Date
KIRAN PATEL & CO.LockedLockedLocked
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Ownership and Shareholding of Mahik Pack Private Limited

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Charges & Borrowings of Mahik Pack Private Limited

Open charges
None
Satisfied charges
₹12.14 Lakh
Breakdown by lending institutions
Canara Bank₹0.09 Cr
The Anand Mercantile Co-Operative Bank Limited₹0.03 Cr
Latest charge details
DateLenderAmountStatus
23 Apr 2007The Anand Mercantile Co-Operative Bank Limited₹2.99 LakhSatisfied
04 Apr 1995Canara Bank₹2 LakhSatisfied
05 Jul 1994Canara Bank₹2.15 LakhSatisfied
08 Jul 1993Canara Bank₹5 LakhSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Mahik Pack Private Limited

Mahik Pack Private Limited has a workforce of 3 employees as of Mar 23, 2024.

Employee count
3
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Mahik Pack Private Limited

Mahik Pack Private Limited has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Darsh Premal Parekh ceased to be Director on 31 Jan 2021.

AGM
Mahik Pack Private Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.
Filing
Mahik Pack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Darsh Premal Parekh ceased to be Director.
Charges
A charge registered on 04 Apr 1995 via Charge ID 90104605 with Canara Bank was fully satisfied on 09 Apr 2019.
Charges
A charge registered on 05 Jul 1994 via Charge ID 90104568 with Canara Bank was fully satisfied on 09 Apr 2019.
Charges
A charge registered on 08 Jul 1993 via Charge ID 90106139 with Canara Bank was fully satisfied on 09 Apr 2019.
Charges
A charge registered on 23 Apr 2007 via Charge ID 10052431 with The Anand Mercantile Co-Operative Bank Limited was fully satisfied on 03 Apr 2019.
Ceased
Atul Mohan Khatri ceased to be Director.
Charges
A charge with The Anand Mercantile Co-Operative Bank Limited amounted to Rs. 2.99 Lakh with Charge ID 10052431 was registered on 23 Apr 2007.
Charges
A charge with Canara Bank of Rs. 2.00 Lakh registered on 04 Apr 1995 with Charge ID 90104605 was modified on 27 Jan 1998.
Charges
A charge with Canara Bank amounted to Rs. 2.00 Lakh with Charge ID 90104605 was registered on 04 Apr 1995.
Charges
A charge with Canara Bank amounted to Rs. 2.15 Lakh with Charge ID 90104568 was registered on 05 Jul 1994.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Mahik Pack Private Limited

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MSME Payment Delays by Mahik Pack Private Limited

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Subsidiaries & Group Companies of Mahik Pack Private Limited

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GST Compliance of Mahik Pack Private Limited

Mahik Pack has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCM6408Q1Z6GujaratActive01 Jul 2017
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MCA Filings & Documents of Mahik Pack Private Limited

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Frequently Asked Questions about Mahik Pack Private Limited

Mahik Pack has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Mahik Pack was a private limited company based in Anand, Gujarat, India. The company worked in paper, within the packaging industry. It was incorporated on 06 November 1990 and is registered under CIN U25202GJ1990PTC014596. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Mahik Pack is U25202GJ1990PTC014596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahik Pack had 2 directors:

Mahik Pack was incorporated on 06 November 1990. It is registered with the Registrar of Companies, Ahmedabad.

The registered office of Mahik Pack is at Room No. 2 Plot No. 180 Nandanbag Swaraj, Karamsad – Jod Road, Anand, Gujarat, India – 388325.

Mahik Pack reported revenue of ₹12.03 Lakh for FY 2023 (down 12% YoY).

Mahik Pack has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.04 Lakh.

Mahik Pack reported a net profit of ₹24.11 Lakh (net margin 200.4%) and EBITDA of ₹30.14 Lakh (EBITDA margin 250.5%) for FY 2023, as per its filed financial statements.

The GSTIN of Mahik Pack is 24AABCM6408Q1Z6, registered in Gujarat.

Mahik Pack operated in the packaging industry, in the paper segment.

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