Maxworth Plywoods Pvt Ltd,
About Maxworth Plywoods Pvt Ltd,
Data last updated:
Maxworth Plywoods Pvt Ltd, is a private limited company based in Andhra Pradesh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 16 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U20230AP1994PTC017716. Its GSTIN is 37AABCM3889K1ZW (Andhra Pradesh).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.24 Cr. It is led by directors Dilip Kumar Sharma and Mukesh Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at P.O: Askapally Village – 531035 Sabbavaram Mandal Visakhapatnam., Andhra Pradesh, India – 531035.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.43 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹27.49 Lakh (net margin -19.2%) and EBITDA of ₹13.33 Lakh (EBITDA margin 9.3%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
As per MCA filings, the company has open charges of ₹70.07 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Maxworth Plywoods Pvt Ltd,'s registered office is in Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressP.O: Askapally Village – 531035 Sabbavaram Mandal Visakhapatnam., Andhra Pradesh, India – 531035
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Maxworth Plywoods Pvt Ltd,, 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 Maxworth Plywoods Pvt Ltd 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 Maxworth Plywoods Pvt Ltd,, buy the company report.
Financials of Maxworth Plywoods Pvt Ltd,
FY 2018 filings availableMaxworth Plywoods Pvt Ltd, reported revenue of ₹1.43 Cr (down 95% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 95% fall in the latest year. EBITDA rose 106% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.43 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.33 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹27.49 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.3% | |||
| Net Profit Margin | -19.2% | |||
| 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 Maxworth Plywoods Pvt Ltd,, buy the company report.
Board of directors of Maxworth Plywoods Pvt Ltd,
Maxworth Plywoods Pvt Ltd has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Kumar Sharma | Director | 02 Jan 2017 | 9 Years 10 Months | Current |
| Mukesh Agarwal | Director | 02 Jan 2017 | 9 Years 10 Months | Current |
Peer comparison
Maxworth Plywoods Pvt Ltd, is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 |
|---|---|---|---|---|---|---|
| Major Timbers Private Limited | ₹1.47 Cr (FY 2022) | 11.0% | Tuticorin, Tamil Nadu, India | |||
| Balajee Ply-Product Private Limited | ₹1.46 Cr (FY 2022) | -53.0% | Jaipur, Rajasthan, India | |||
| Maxworth Plywoods Pvt Ltd,this company | ₹1.43 Cr (FY 2018) | -₹27.49 Lakh | -19.2% | -95.0% | Andhra Pradesh, India | |
| M.K.K.Steels Private Limited | ₹1.43 Cr (FY 2022) | 234.0% | Delhi, India | |||
| Him-Boards Pvt Ltd | ₹1.43 Cr (FY 2025) | -9.0% | Siliguri, West Bengal, India | |||
| Door Decor Private Limited | ₹1.42 Cr (FY 2025) | -6.0% | Kapadvanj, Gujarat, India | |||
| Madhusudan Cartons Private Limited | ₹1.4 Cr (FY 2025) | -17.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Maxworth Plywoods Pvt Ltd,, buy the company report.
Auditor
Maxworth Plywoods Pvt Ltd, is audited by AMBIKA & ISHA for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMBIKA & ISHA | FY 2018 | 000103S |
Shareholding
The shareholding of Maxworth Plywoods Pvt Ltd, is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maxworth Plywoods Pvt Ltd,, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2014 | 10482548 | Andhra Bank | ₹1.57 Cr | Open | |
| 24 Sep 2013 | 10460173 | Others | ₹39.45 Cr | Open | |
| 16 Mar 2012 | 10349657 | Andhra Bank | ₹14.25 Cr | Open | |
| 03 Dec 2011 | 10332529 | Andhra Bank | ₹1.5 Cr | Open | |
| 08 Feb 2005 | 90134867 | Others | ₹8 Cr | Open |
To see the full charge records of Maxworth Plywoods Pvt Ltd,, buy the company report.
Total charge records: 7 View all charges
Legal cases
Maxworth Plywoods Pvt Ltd, has 13 court cases on record: 9 filed by Maxworth Plywoods Pvt Ltd, 4 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 0 |
| Supreme Court | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Walnut Veneer LLP | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed against the company by The Asst Commissioner Customs and Central Excise | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (0405-Indirect Taxes Matters : Sales Tax Act (Central & various States)) | Filed against the company by an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Maxworth Plywoods Pvt Ltd,, 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
Maxworth Plywoods Pvt Ltd, was last rated by Icra on 12 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 Jan 2022 |
To see the full credit ratings and regulatory alerts of Maxworth Plywoods Pvt Ltd,, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maxworth Plywoods Pvt Ltd,; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxworth Plywoods Pvt Ltd has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCM3889K1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxworth Plywoods Pvt Ltd,, buy the company report.
Recent activity
Maxworth Plywoods Pvt Ltd, has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Dilip Kumar Sharma ceased to be Additional Director on 29 Sep 2017.
12 earlier events are in the company report.
Frequently asked questions
Maxworth Plywoods Pvt Ltd is an active private limited company based in Andhra Pradesh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 16 June 1994 (32+ years old) and is registered under CIN U20230AP1994PTC017716.
Maxworth Plywoods Pvt Ltd has 2 current directors:
- Dilip Kumar Sharma - Director
- Mukesh Agarwal - Director
The latest financial statements of Maxworth Plywoods Pvt Ltd on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Maxworth Plywoods Pvt Ltd is 37AABCM3889K1ZW, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Maxworth Plywoods Pvt Ltd is U20230AP1994PTC017716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxworth Plywoods Pvt Ltd has 13 court cases on record: 9 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Maxworth Plywoods Pvt Ltd was incorporated on 16 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Maxworth Plywoods Pvt Ltd by revenue are Major Timbers Private Limited, Balajee Ply-Product Private Limited, M.K.K.Steels Private Limited, Him-Boards Pvt Ltd, Door Decor Private Limited and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Dilip Kumar Sharma ceased to be Additional Director on 29 Sep 2017. Mukesh Agarwal ceased to be Additional Director on 29 Sep 2017. Dilip Kumar Sharma was appointed as Director on 02 Jan 2017. Maxworth Plywoods Pvt Ltd has 9 board changes on record in total.
The registered office of Maxworth Plywoods Pvt Ltd is at P.O: Askapally Village – 531035 Sabbavaram Mandal Visakhapatnam., Andhra Pradesh, India – 531035.
Maxworth Plywoods Pvt Ltd operates in the manufacturing industry, in the wood products and mdf segment.
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