- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-21-0006400

Malar Paper Mills Private Limited
About Malar Paper Mills Private Limited
Data last updated:
Malar Paper Mills Private Limited is a private limited company based in Sivaganga, Tamil Nadu, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 26 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U21012TN2005PTC058430. Its GSTIN is 33AAECM5321R1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Palaniandi Pillai Padikkasu (Managing Director) and Palaniandi Ramasamy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7 – 2 – 20 Kunnakudi Roadpallathur Sivagangai, Tamil Nadu, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹79.46 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹2.37 Cr (net margin -298.4%) and EBITDA of -₹94.22 Lakh (EBITDA margin -118.6%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 56% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.47 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Malar Paper Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-21-0006400). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Malar Paper Mills
Contact details
Malar Paper Mills Private Limited's registered office is in Sivaganga, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 – 2 – 20 Kunnakudi Roadpallathur Sivagangai, Tamil Nadu, India
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Malar 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
Business activity
The main business activity of Malar Paper Mills is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Malar Paper Mills Private Limited, buy the company report.
Financials of Malar Paper Mills Private Limited
FY 2023 filings availableMalar Paper Mills Private Limited reported revenue of ₹79.46 Lakh (down 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 94% fall in the latest year. EBITDA rose 36% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹79.46 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹94.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.37 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -118.6% | ||||
| Net Profit Margin | -298.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Malar Paper Mills Private Limited, buy the company report.
Board of directors of Malar Paper Mills Private Limited
Malar Paper Mills 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 |
|---|---|---|---|---|
| Palaniandi Pillai Padikkasu | Managing Director | 26 Dec 2005 | 20 Years 10 Months | Current |
| Palaniandi Ramasamy | Director | 26 Dec 2005 | 20 Years 10 Months | Current |
| Periasamy Padikkasu | Director | 26 Dec 2005 | 20 Years 10 Months | Current |
| Padikkasu Balasubramanian | Director | 26 Dec 2005 | 20 Years 10 Months | Current |
Peer comparison
Malar Paper Mills Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Canon Paper Industries Private Limited | ₹81.38 Lakh (FY 2025) | 49.0% | Siliguri, West Bengal, India | |||
| Malar Paper Mills Private Limitedthis company | ₹79.46 Lakh (FY 2022) | -₹2.37 Cr | -298.4% | -94.0% | 3 | Sivaganga, Tamil Nadu, India |
| Kumararaja Paper Mill Private Limited | ₹79.08 Lakh (FY 2018) | -28.0% | Tiruchengode, Tamil Nadu, India | |||
| Seven Paper Products Private Limited | ₹79.04 Lakh (FY 2019) | -42.0% | Bhiwandi, Maharashtra, India | |||
| Aruna Paper - Board Mills Private Limited | ₹78.69 Lakh (FY 2023) | -64.0% | Andhra Pradesh, India | |||
| Leader Paper Processing Private Limited | ₹77.86 Lakh (FY 2025) | 17.0% | Jaladhar, Punjab, India |
To see the full peer comparison of Malar Paper Mills Private Limited, buy the company report.
Auditor
Malar Paper Mills Private Limited is audited by M.CHINNIAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.CHINNIAH & CO | FY 2023 | 000646S |
Shareholding
The shareholding of Malar 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 Malar Paper Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2006 | 10021298 | Indian Bank | ₹16.37 Cr | Open | |
| 06 Jul 2006 | 10010457 | Indian Bank | ₹19.1 Cr | Open | |
| 06 Jul 2006 | 10010469 | Indian Bank | ₹5 Cr | Open |
To see the full charge records of Malar Paper Mills Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Malar Paper Mills Private Limited has 4 court cases on record: 3 filed by Malar Paper Mills, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by individuals | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Malar 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
Malar Paper Mills Private Limited was last rated by Icra on 31 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Jan 2022 |
To see the full credit ratings and regulatory alerts of Malar Paper Mills Private Limited, buy the company report.
MSME payment delays
Malar Paper Mills Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 19 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Microchem Enterprises | |||
| Premier Polysacks Private Limited | |||
| Pondy Agro Chemicals Pvt.Ltd. | |||
| Cubane Speciality Chemicals Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Malar Paper Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Malar Paper Mills Private Limited has a workforce of 3 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Malar Paper Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECM5321R1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malar Paper Mills Private Limited, buy the company report.
Recent activity
Malar Paper Mills Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Palaniandi Pillai Periyasamy ceased to be Director on 14 Mar 2020.
1 earlier event is in the company report.
Frequently asked questions
Malar Paper Mills is an active private limited company based in Sivaganga, Tamil Nadu, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 26 December 2005 (21+ years old) and is registered under CIN U21012TN2005PTC058430.
Malar Paper Mills has 4 current directors:
- Palaniandi Pillai Padikkasu - Managing Director
- Palaniandi Ramasamy - Director
- Periasamy Padikkasu - Director
- Padikkasu Balasubramanian - Director
The latest financial statements of Malar Paper Mills on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Malar Paper Mills is 33AAECM5321R1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Malar Paper Mills is U21012TN2005PTC058430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malar Paper Mills has 4 court cases on record: 3 filed by the company and 1 filed against it.
Malar Paper Mills was incorporated on 26 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Malar Paper Mills by revenue are Canon Paper Industries Private Limited, Kumararaja Paper Mill Private Limited, Seven Paper Products Private Limited, Aruna Paper - Board Mills Private Limited, Leader Paper Processing Private Limited, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Palaniandi Pillai Periyasamy ceased to be Director on 14 Mar 2020. Padikkasu Balasubramanian was appointed as Director on 26 Dec 2005. Palaniandi Pillai Padikkasu was appointed as Managing Director on 26 Dec 2005. Malar Paper Mills has 5 board changes on record in total.
Yes, Malar Paper Mills is registered as a small enterprise under Udyam registration (number: UDYAM-TN-21-0006400).
Malar Paper Mills has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 19 overdue payments to 9 micro and small suppliers. The latest return was filed on 16 Dec 2019.
The registered office of Malar Paper Mills is at 7 – 2 – 20 Kunnakudi Roadpallathur Sivagangai, Tamil Nadu, India.

