About Maruti Papers Private Limited
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Maruti Papers Private Limited is a private limited company based in Shamli, Uttar Pradesh, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 06 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U21015UP1988PTC010007. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.68 Cr. It was formerly known as Maruti Papers Limited. It is led by directors including Shipra Bansal (Whole-Time Director) and Rajeshwar Kumar Bansal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Km Stone Village Sikka, Shamli, Uttar Pradesh, India – 247776.
As per the financials filed for FY 2025, the company reported a revenue of ₹397.34 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Cr (net margin 1.9%) and EBITDA of ₹25.25 Cr (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 190 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maruti Papers. As per MCA filings, the company has open charges of ₹153.54 Cr and satisfied charges of ₹173.41 Cr on record. Court records list 59 cases involving the company, including 30 filed by the company and 29 filed against it; 9 cases are pending. The company has 14 deals on record (9 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹7.96 Cr; the latest was in September 2024. Its 8 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 5 larger and 3 smaller; the largest is Pakka Limited with revenue of ₹420.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutipapers.com.
Company details
Name history
Maruti Papers has undergone 2 name changes throughout its history. The company was previously known as Maruti Papers Limited, and Maruti Papers Private Limited. The current legal name is Maruti Papers Private Limited.
| Company Name | Status |
|---|---|
| Maruti Papers Private Limited | Current |
| Maruti Papers Limited | Previous |
CIN history
Maruti Papers has one previous CIN (Corporate Identification Number): U21015UP1988PLC010007. The current CIN is U21015UP1988PTC010007, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21015UP1988PTC010007 | Current |
| U21015UP1988PLC010007 | Previous |
Contact details
Maruti Papers Private Limited's registered office is in Shamli, Uttar Pradesh. Its website is marutipapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Km Stone Village Sikka, Shamli, Uttar Pradesh, India – 247776
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Maruti Papers 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
Brands
Maruti Papers operates one associated brand: Maruti Papers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kraft paper manufacturing and supply in India. | marutipapers.com |
Business activity
The main business activity of Maruti Papers 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 Maruti Papers Private Limited, buy the company report.
Financials of Maruti Papers Private Limited
FY 2025 filings availableMaruti Papers Private Limited reported revenue of ₹397.34 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 24% 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 | ₹397.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.68 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 | 6.4% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Maruti Papers Private Limited, buy the company report.
Board of directors of Maruti Papers Private Limited
Maruti Papers has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shipra Bansal Also directs: Sardhana Spintex Private Limited | Whole-Time Director | 01 Jan 2010 | 16 Years 9 Months | Current |
| Anjana Bansal | Director | 01 Jan 2010 | 16 Years 9 Months | Current |
| Raj Kumar Kuchhal | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Rajeshwar Kumar Bansal | Whole-Time Director | 06 Sep 1988 | 38 Years 1 Months | Current |
| Atul Bansal Also directs: Sardhana Spintex Private Limited | Whole-Time Director | 25 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Maruti Papers Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Pakka Limited | ₹420.73 Cr (FY 2025) | 2.0% | Birhana Road, Uttar Pradesh, India | |||
| Shri Hari Krishna Papers Private Limited | ₹416.33 Cr (FY 2025) | -5.0% | Udumalpet, Tamil Nadu, India | |||
| Sri Andal Paper Mills Private Limited | ₹405.34 Cr (FY 2025) | 65.0% | Erode, Tamil Nadu, India | |||
| Janki Newsprint Private Limited | ₹404.35 Cr (FY 2025) | 22.0% | Delhi, India | |||
| Silvertoan Papers Limited | ₹400.25 Cr (FY 2025) | 21.0% | Delhi, India | |||
| Maruti Papers Private Limitedthis company | ₹397.34 Cr (FY 2025) | ₹7.68 Cr | 1.9% | 23.0% | 190 | Shamli, Uttar Pradesh, India |
| Bhola Ram Papers & Power Private Limited | ₹383.35 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| The South India Paper Mills Limited | ₹370.4 Cr (FY 2025) | 18.0% | Nanjangud, Karnataka, India | |||
| Suvarna Durga Paper Boards Private Limited | ₹363.93 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Maruti Papers Private Limited, buy the company report.
Auditor
Maruti Papers Private Limited is audited by R JAIN SHARMA & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R JAIN SHARMA & CO. | FY 2025 | 032069C |
Shareholding
The shareholding of Maruti Papers Private 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 Maruti Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2026 | 101269776 | Others | ₹1.2 Cr | Open | |
| 20 Sep 2025 | 101166577 | Hdfc Bank Limited | ₹15.45 Lakh | Open | |
| 17 Sep 2025 | 101161184 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 30 Jun 2025 | 101124099 | Hdfc Bank Limited | ₹14.34 Lakh | Open | |
| 25 Sep 2024 | 100988930 | Others | ₹22 Cr | Open |
To see the full charge records of Maruti Papers Private Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Maruti Papers Private Limited has 14 deals on record (9 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹7.96 Cr; the latest was in September 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Amogh Buildstate Private Limited Seller: Boost Addtech Private Limited , B.G. Freight Shoppe India Private Limited , Quest Compusoft Private Limited , an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Quest Compusoft Private Limited , Boost Addtech Private Limited , B.G. Freight Shoppe India Private Limited Seller: Brij Bhushan Sehgal Sons Huf, 3 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: R K Bansal HUF, 3 individuals Seller: 4 individuals |
| Mar 2009 | Funding round | ₹3.31 Cr | Investors: U P Electrical Limited, Prolon Marketing Private Limited , Quest Computer Software Private Limited |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Systematic Finance Company Private Limited |
To see the full deal history of Maruti Papers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maruti Papers Private Limited has 59 court cases on record: 30 filed by Maruti Papers, 29 filed against it. 9 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 15 | 4 |
| High courts | 20 | 7 | 4 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 2 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (A227) | Filed against the company by The New India Assurance Company Ltd., | Pending |
| Supreme Court | Court case (2410-Indirect Taxation : Others) | Filed against the company by M/S Prem Steels Pvt. Ltd Co. THR. Its Director Dharampal Singhal Begrajpur Industrial Area , District: Meerut Road ,Muzaffarnagar , Uttar Pradesh and 7 others | Pending |
| High Court, UTTARPRADESH | Arbitration matter | Filed by the company against The New India Assurance Company Limited and 2 Others and 1 other | Disposed |
| NCLAT, Registrar Court | Tribunal matter | Filed against the company by A.P Enterprises Private Limited & Ors. and 4 others | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by A.P Enterprises Private Limited & Ors and 4 others | Disposed |
To see the full case history of Maruti Papers 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
Maruti Papers Private Limited was last rated by Brickwork on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Maruti Papers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maruti Papers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maruti Papers Private Limited has a workforce of 190 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
GST
Maruti Papers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maruti Papers Private Limited, buy the company report.
Recent activity
Maruti Papers Private Limited has 21 board changes on record since 1988: 13 appointments and 8 cessations. The latest: Raj Kumar Kuchhal was appointed as Director on 01 Nov 2022.
102 earlier events are in the company report.
Frequently asked questions
Maruti Papers is an active private limited company based in Shamli, Uttar Pradesh, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 06 September 1988 (38+ years old) and is registered under CIN U21015UP1988PTC010007.
Maruti Papers has 5 current directors:
- Shipra Bansal - Whole-Time Director
- Rajeshwar Kumar Bansal - Whole-Time Director
- Atul Bansal - Whole-Time Director
- Anjana Bansal - Director
- Raj Kumar Kuchhal - Director
The latest financial statements of Maruti Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Maruti Papers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Maruti Papers is U21015UP1988PTC010007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Papers has 59 court cases on record: 30 filed by the company and 29 filed against it. 9 are pending. Most are in the district courts.
Maruti Papers was incorporated on 06 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Maruti Papers has 14 deals on record (9 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹7.96 Cr; the latest was in September 2024.
The peers of Maruti Papers by revenue are Pakka Limited, Shri Hari Krishna Papers Private Limited, Sri Andal Paper Mills Private Limited, Janki Newsprint Private Limited, Silvertoan Papers Limited and 3 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Raj Kumar Kuchhal was appointed as Director on 01 Nov 2022. Dinesh Kumar ceased to be Director on 02 Sep 2022. Nupur Arora ceased to be Company Secretary on 11 May 2020. Maruti Papers has 21 board changes on record in total.
Maruti Papers can be reached through the website marutipapers.com. Its registered office is in Shamli, Uttar Pradesh, India.
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