About Alternicq Limited
Data last updated:
Alternicq Limited is a public limited company based in Manesar, Haryana, India, a subsidiary of Ai Lenarco Midco Limited. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 13 November 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U67120HR1987PLC138149. Its GSTIN is 06AAACM9418K2Z8 (Haryana). The company holds 21 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹25.1 Cr and a paid-up capital of ₹19.67 Cr. It was formerly known as Manjushree Extrusions Limited. It is led by directors including Thimmaiah Napanda Poovaiah (Managing Director) and Raghavendra Kini (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.486 Sector 8, Imt Manesar, Haryana, India – 122052.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,584.03 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹247.63 Cr (net margin 9.6%) and EBITDA of ₹397.2 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 1,521 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manjushree Technopack. As per MCA filings, the company has open charges of ₹1,496.3 Cr and satisfied charges of ₹1,265.56 Cr on record. Court records list 77 cases involving the company, including 63 filed by the company and 10 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manjushreeindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.486 Sector 8, Imt Manesar, Haryana, India – 122052
- IndustryPackaging, Bottle & Cap Manufacturing
- 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 Alternicq Limited
The main business activity of Alternicq is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Alternicq Limited FY 2025 filings available
Alternicq Limited reported revenue of ₹2,584.03 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Alternicq Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 21% 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 of Alternicq Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2,584.03 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹397.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹247.63 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 of Alternicq Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Alternicq 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 Alternicq Limited
Alternicq Limited is compared with the companies closest to it by revenue in the Packaging industry (Bottles and Caps). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epl Limited Listed | ₹3,975.5 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Thane, Maharashtra, India |
| Canpack India Private Limited | ₹2,929.69 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Aurangabad, Maharashtra, India |
| Technocraft Industries (India) Limited Listed | ₹2,696.09 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Agi Greenpac Limited Listed | ₹2,603.61 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Alternicq Limited this company | ₹2,584.03 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Manesar, Haryana, India |
| Ball Beverage Packaging (India) Private Limited | ₹1,406.38 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bengaluru, Karnataka, India |
| B R Agrotech Limited | ₹1,090.35 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Chemco Plastic Industries Private Limited | ₹935.58 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Tpac Packaging India Private Limited | ₹827.57 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Jogeshwari East, Maharashtra, India |
| SSF Plastics India Limited | ₹805.39 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Solan H P, Himachal Pradesh, India |
Peers are the five companies nearest above and the five nearest below Alternicq by revenue in the Packaging industry (Bottles and Caps), 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 Alternicq Limited
Alternicq Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells | 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 and KMP of Alternicq Limited
Alternicq Limited currently reports 8 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peeyush Gupta | Cfo | 17 Oct 2025 | 0 Years 11 Months | Current |
| Thimmaiah Napanda Poovaiah | Managing Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Aswin Vikram Also directs: Nuvama Wealth Management Limited, Acme Formulation Private Limited, Pagac Advisors India Private Limited and 4 more | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
| Sameer Ambarish Kaji Also directs: Nuvama Wealth Management Limited, Nuvama Wealth and Investment Limited, Sutlej Textiles and Industries Limited and 5 more | Director | 26 Mar 2025 | 1 Years 6 Months | Current |
| Nikhilkumar Srivastava Also directs: Nuvama Wealth Management Limited, Nuvama Wealth Finance Limited, Acme Formulation Private Limited and 3 more | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
| Sumit Mohan Nadgir Also directs: Optimus Life Science Private Limited, Anjan Drug Private Limited, Optimus Drugs Private Limited and 2 more | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Alternicq 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 Alternicq Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2026 | Others | ₹325 Cr | Open |
| 15 Apr 2026 | Others | ₹40 Cr | Open |
| 12 Feb 2026 | Others | ₹125 Cr | Open |
| 26 Aug 2025 | Others | ₹150 Cr | Open |
| 20 Jul 2021 | Sbicap Trustee Company Limited | ₹856.3 Cr | Open |
Total charge records: 13 View all charges
Legal Cases of Alternicq Limited
Alternicq Limited has 77 court cases on record: 63 filed by Alternicq, 10 filed against it, 4 where it is another party. 13 cases are pending and 64 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 7 | 12 |
| High courts | 20 | 3 | 1 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Suru Foods and Beverages Private Limited | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by Apollo Supply Chain Private Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed by the company against Shashi Distilleries Private Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company by Shashi Distilleries Private Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Riva Packaging Solutions Private Limited | Pending |
Full case history
All 77 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Alternicq Limited
Alternicq Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,543 overdue payments to 264 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 264)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tashoku Coating World Private Limited | •••• | •••• | •••• |
| Wittmann Battenfeld India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ganesh Enterprises | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 15 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Alternicq Limited
Alternicq operates one associated brand: Manjushree Technopack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rigid plastic packaging for consumer goods is manufactured and supplied. | manjushreeindia.com |
Employees and EPFO Compliance at Alternicq Limited
Alternicq Limited has a workforce of 1,521 employees as of Oct 11, 2025.
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.
Name History of Alternicq Limited
Alternicq has undergone 2 name changes throughout its history. The company was previously known as Manjushree Extrusions Limited, and Alternicq Limited. The current legal name is Alternicq Limited.
| Company Name | Status |
|---|---|
| Alternicq Limited | Current |
| Manjushree Extrusions Limited | Previous |
CIN History of Alternicq Limited
Alternicq has 5 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67120HR1987PLC138149, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120HR1987PLC138149 | Current |
| L67120KA2003PLC032636 | Previous |
| L67120KA1987PLC032636 | Previous |
| U67120KA1987PLC032636 | Previous |
| U67120KA2003PTC032636 | Previous |
| U67120KA2003PLC032636 | Previous |
Recent Activity on Alternicq Limited
Alternicq Limited has 36 board changes on record since 2010: 9 appointments and 27 cessations. The latest: Raghavendra Kini was appointed as Whole-Time Director on 10 Aug 2026.
51 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alternicq 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.
Subsidiaries & Group Companies of Alternicq 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 Alternicq Limited
Alternicq has 21 GST registrations: 20 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACM9418K2Z8 | Haryana | Active | 05 Apr 2018 |
| 02AAACM9418K1ZH | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AAACM9418K1ZB | Uttarakhand | Active | 01 Jul 2017 |
| 07AAACM9418K1Z7 | Delhi | 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 Alternicq 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.
Related news about Alternicq Limited
Frequently Asked Questions about Alternicq Limited
Alternicq is an active public limited company based in Manesar, Haryana, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 13 November 1987 (39+ years old) and is registered under CIN U67120HR1987PLC138149.
Alternicq reported revenue of ₹2,584.03 Cr for FY 2025 (up 21% YoY).
Alternicq has 9 current directors and KMP:
- Thimmaiah Napanda Poovaiah - Managing Director
- Raghavendra Kini - Whole-Time Director
- Aswin Vikram - Director
- Sameer Ambarish Kaji - Director
- Nikhilkumar Srivastava - Director
- Sumit Mohan Nadgir - Director
- Kamlesh Shivji Vikamsey - Director
- Anisha Motwani - Director
- Peeyush Gupta - Cfo
Alternicq reported a net profit of ₹247.63 Cr (net margin 9.6%) and EBITDA of ₹397.2 Cr (EBITDA margin 15.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alternicq is 22% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alternicq is 06AAACM9418K2Z8, registered in Haryana. The company has 21 GST registrations in all, of which 20 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAACM9418K1ZH (Himachal Pradesh), 05AAACM9418K1ZB (Uttarakhand), 07AAACM9418K1Z7 (Delhi).
The CIN (Corporate Identification Number) of Alternicq is U67120HR1987PLC138149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alternicq has 77 court cases on record: 63 filed by the company and 10 filed against it. 13 are pending. Most are in the district courts.
Alternicq was incorporated on 13 November 1987, making it 39+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Alternicq by revenue are Epl Limited, Canpack India Private Limited, Technocraft Industries (India) Limited, Agi Greenpac Limited, Ball Beverage Packaging (India) Private Limited and 4 more, all in the Packaging industry (Bottles and Caps).
Raghavendra Kini was appointed as Whole-Time Director on 10 Aug 2026. Peeyush Gupta was appointed as CFO on 17 Oct 2025. Rajesh Kumar Ram ceased to be CFO on 17 Oct 2025. Alternicq has 36 board changes on record in total.
Alternicq has 15 MSME Form 1 returns on record between 2018 and 2024, listing 1,543 overdue payments to 264 micro and small suppliers. The latest return was filed on 22 Apr 2024.