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 78 cases involving the company, including 65 filed by the company and 13 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.
Company details
Name history
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
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 |
Contact details
Alternicq Limited's registered office is in Manesar, Haryana. Its website is manjushreeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.486 Sector 8, Imt Manesar, Haryana, India – 122052
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Alternicq 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Alternicq Limited, buy the company report.
Financials of Alternicq Limited
FY 2025 filings availableAlternicq Limited reported revenue of ₹2,584.03 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Alternicq Limited, buy the company report.
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 | 1 Years 0 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 7 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 7 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 7 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 7 Months | Current |
Peer comparison
Alternicq Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epl Limited | ₹3,975.5 Cr (FY 2024) | 6.0% | Thane, Maharashtra, India | |||
| Alternicq Limitedthis company | ₹2,584.03 Cr (FY 2025) | ₹247.63 Cr | 9.6% | 21.0% | 1,521 | Manesar, Haryana, 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 |
To see the full peer comparison of Alternicq Limited, buy the company report.
Auditor
Alternicq Limited is audited by Deloitte Haskins & Sells for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2025 | 008072S |
Shareholding
The shareholding of Alternicq Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alternicq Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2026 | 101290156 | Others | ₹325 Cr | Open | |
| 15 Apr 2026 | 101276627 | Others | ₹40 Cr | Open | |
| 12 Feb 2026 | 101244824 | Others | ₹125 Cr | Open | |
| 26 Aug 2025 | 101159565 | Others | ₹150 Cr | Open | |
| 20 Jul 2021 | 100467897 | Sbicap Trustee Company Limited | ₹856.3 Cr | Open |
To see the full charge records of Alternicq Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Alternicq Limited has 78 court cases on record: 65 filed by Alternicq, 13 filed against it. 13 cases are pending and 65 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 56 | 8 | 12 |
| High courts | 20 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Suru Foods and Beverages Pvt Ltd | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by Apollo Supply Chain Pvt. Ltd. | Pending |
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed by the company against Shashi Distilleries Pvt., Ltd., Rept by Authorised Representative. | Pending |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company by Shashi Distilleries Pvt. Ltd, Reptd by Sri. R. Jayavelu | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd., and 1 other | Disposed |
To see the full case history of Alternicq 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
Alternicq Limited was last rated by Crisil on 04 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Mar 2020 |
To see the full credit ratings and regulatory alerts of Alternicq Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Alternicq Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Alternicq Limited has a workforce of 1,521 employees on its EPFO records as of Oct 11, 2025, across 14 active EPFO establishments.
GST
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 |
To see the full GST registrations and return filing status of Alternicq Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 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
The latest financial statements of Alternicq on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
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 78 court cases on record: 65 filed by the company and 13 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, Chemco Plastic Industries Private Limited, Tpac Packaging India Private Limited, SSF Plastics India Limited, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
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.
Alternicq can be reached through the website manjushreeindia.com. Its registered office is in Manesar, Haryana, India.
The registered office of Alternicq is at Plot No.486 Sector 8, Imt Manesar, Haryana, India – 122052.