About Mas Pack Limited
Data last updated:
Mas Pack Limited is a public limited company based in Cherthala, Kerala, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 21 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74950KL1991PLC006224. Its GSTIN is 36AACCM2084M1Z8 (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹70.36 Lakh. It was formerly known as Mas Combustible Pack Limited. It is led by directors including Radha Thampan (Whole-Time Director) and Gopika Varma Chandrahasan (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 Lakshmi IX – Cmc Cherthala Post, Kerala, India – 688524.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.23 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹16.87 Cr (net margin 33.6%) and EBITDA of ₹22.82 Cr (EBITDA margin 45.4%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹10.02 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maspackindia.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressLakshmi IX – Cmc Cherthala Post, Kerala, India – 688524
- IndustryPackaging, Industrial Packaging Solutions
- 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 Mas Pack Limited
The main business activity of Mas Pack is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and 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 Mas Pack Limited FY 2025 filings available
Mas Pack Limited reported revenue of ₹50.23 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mas Pack Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 4% 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 Mas Pack 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.87 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 Mas Pack Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 33.6% | •••• | •••• | •••• | •••• |
| 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 Mas Pack 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.
Board of Directors of Mas Pack Limited
Mas Pack has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartika Varma Also directs: Mechanical Assembly Systems India Pvt Ltd | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Radha Thampan | Whole-Time Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Gopika Varma Chandrahasan | Whole-Time Director | 01 Apr 2001 | 25 Years 6 Months | Current |
| Ajit Rama Varma Also directs: Mechanical Assembly Systems India Pvt Ltd | Whole-Time Director | 01 Oct 2001 | 25 Years 0 Months | Current |
Peer Comparison of Mas Pack Limited
Mas Pack Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gomec Industries Private Limited | ₹51.35 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Bhiwandi, Maharashtra, India |
| Pendo Packaging Private Limited | ₹51.33 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Rustoppers Packtech Private Limited | ₹51.19 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Cellotape Industries Private Limited | ₹51.16 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Sahnewal, Punjab, India |
| General Metallisers Private Limited | ₹50.99 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Mas Pack Limited this company | ₹50.23 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Cherthala, Kerala, India |
| Sanmati Packaging Private Limited | ₹50.03 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Lotus Polymer Industries Private Limited | ₹49.93 Cr (FY 2025) | •••• | •••• | 480.0% | •••• | Bangalore, Karnataka, India |
| MG Emballage Private Limited | ₹49.69 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bahadurgarh, Haryana, India |
| Krriyan Kontainers Private Limited | ₹49.68 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Mysore, Karnataka, India |
| Foodpro Packaging Private Limited | ₹49.67 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Mas Pack by revenue in the Packaging industry (Industrial 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 Mas Pack Limited
Mas Pack Limited is audited by G Joseph & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G Joseph & Associates | 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.
Ownership and Shareholding of Mas Pack 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 Mas Pack Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2024 | Hdfc Bank Limited | ₹10.02 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Mas Pack Limited
Mas Pack Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Budding Leaf Infratech Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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.
Employees and EPFO Compliance at Mas Pack Limited
Employment history and EPFO contributions of people linked to Mas Pack.
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.
Recent Activity on Mas Pack Limited
Mas Pack Limited has 13 board changes on record since 2001: 4 appointments and 9 cessations. The latest: Radha Thampan ceased to be Whole-Time Director on 03 Mar 2025.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mas Pack 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 Mas Pack 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 Mas Pack Limited
Mas Pack has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCM2084M1Z8 | Telangana | 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 Mas Pack 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.
Frequently Asked Questions about Mas Pack Limited
Mas Pack is an active public limited company based in Cherthala, Kerala, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 21 October 1991 (35+ years old) and is registered under CIN U74950KL1991PLC006224.
Mas Pack reported revenue of ₹50.23 Cr for FY 2025 (down 9% YoY).
Mas Pack has 4 current directors:
- Radha Thampan - Whole-Time Director
- Gopika Varma Chandrahasan - Whole-Time Director
- Ajit Rama Varma - Whole-Time Director
- Kartika Varma - Director
Mas Pack reported a net profit of ₹16.87 Cr (net margin 33.6%) and EBITDA of ₹22.82 Cr (EBITDA margin 45.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mas Pack is 53% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mas Pack is 36AACCM2084M1Z8, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mas Pack is U74950KL1991PLC006224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mas Pack was incorporated on 21 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Mas Pack by revenue are Gomec Industries Private Limited, Pendo Packaging Private Limited, Rustoppers Packtech Private Limited, Cellotape Industries Private Limited, General Metallisers Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Radha Thampan ceased to be Whole-Time Director on 03 Mar 2025. Kartika Varma was appointed as Director on 17 Feb 2020. Arun Kumar Hari ceased to be Whole-Time Director on 31 Mar 2009. Mas Pack has 13 board changes on record in total.
Mas Pack has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 May 2019.
Mas Pack can be reached through the website maspackindia.net. Its registered office is in Cherthala, Kerala, India.