About Miracle Coro Plast Private Limited
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Miracle Coro Plast Private Limited is a private limited company based in Jaipur, Rajasthan, India, a subsidiary of Smart Labels Packaging Private Limited. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 27 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25209RJ2009PTC030368. Its GSTIN is 08AAGCM2501B1Z4 (Rajasthan). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.2 Cr. It is led by directors including Hemendra Agarwal and Vishal Narula.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 140 Phase – II RIICO Industrial Area Bagru, Jaipur, Rajasthan, India – 303007.
As per the financials filed for FY 2024, the company reported a revenue of ₹313.49 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.81 Cr (net margin 2.2%) and EBITDA of ₹21.81 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 22% over five years.
The company has about 250 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹111.09 Cr and satisfied charges of ₹6.78 Cr on record. Court records list 23 cases involving the company, including 15 filed by the company and 8 filed against it; 11 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 miraclegroup.co.in.
Company details
Contact details
Miracle Coro Plast Private Limited's registered office is in Jaipur, Rajasthan. Its website is miraclegroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 140 Phase – II RIICO Industrial Area Bagru, Jaipur, Rajasthan, India – 303007
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Miracle Coro Plast 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
Business activity
The main business activity of Miracle Coro Plast 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 Miracle Coro Plast Private Limited, buy the company report.
Financials of Miracle Coro Plast Private Limited
FY 2024 filings availableMiracle Coro Plast Private Limited reported revenue of ₹313.49 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹21.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.81 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Miracle Coro Plast Private Limited, buy the company report.
Board of directors of Miracle Coro Plast Private Limited
Miracle Coro Plast 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 |
|---|---|---|---|---|
| Hemendra Agarwal Also directs: Shivalik Containers Private Limited, Miracle Well Pack (India) Private Limited, Sattik Packaging Private Limited and 2 more | Director | 27 Nov 2009 | 16 Years 11 Months | Current |
| Vishal Narula Also directs: Miracle Well Pack (India) Private Limited | Director | 05 Mar 2021 | 5 Years 7 Months | Current |
| Amit Agarwal Also directs: Shivalik Containers Private Limited, Miracle Well Pack (India) Private Limited, Sattik Packaging Private Limited and 3 more | Director | 26 May 2010 | 16 Years 5 Months | Current |
| Lokesh Agarwal Also directs: Shivalik Containers Private Limited, Miracle Well Pack (India) Private Limited, Sattik Packaging Private Limited and 1 more | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Miracle Coro Plast Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 |
|---|---|---|---|---|---|---|
| Sahota Papers Limited | ₹318.54 Cr (FY 2025) | 16.0% | Jaspur, Uttarakhand, India | |||
| Khetan Packfine Private Limited | ₹314.47 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Miracle Coro Plast Private Limitedthis company | ₹313.49 Cr (FY 2024) | ₹6.81 Cr | 2.2% | -10.0% | 250 | Jaipur, Rajasthan, India |
| Deevyashakti India Private Limited | ₹313.47 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Bindlas Duplux Limited | ₹311.58 Cr (FY 2025) | 8.0% | Uttar Pradesh, India | |||
| Cheema Papers Limited | ₹294.77 Cr (FY 2025) | 8.0% | Kashipur, Uttarakhand, India | |||
| Dhanlakshmi Packaging Industries Private Limited | ₹294.75 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Worth Peripherals Limited | ₹280.43 Cr (FY 2025) | 14.0% | Madhya Pradesh, India |
To see the full peer comparison of Miracle Coro Plast Private Limited, buy the company report.
Auditor
Miracle Coro Plast Private Limited is audited by P.P. AGARWAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.P. AGARWAL & COMPANY | FY 2023 | 0007503C |
Shareholding
The shareholding of Miracle Coro Plast Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Miracle Coro Plast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2025 | 101151248 | Axis Bank Limited | ₹4.73 Cr | Open | |
| 24 Sep 2024 | 100978089 | Yes Bank Limited | ₹20 Cr | Open | |
| 15 May 2023 | 100720443 | Hdfc Bank Limited | ₹13.95 Lakh | Open | |
| 20 Apr 2023 | 100709897 | Hdfc Bank Limited | ₹29.2 Lakh | Open | |
| 04 Apr 2023 | 100701549 | Hdfc Bank Limited | ₹96.25 Lakh | Open |
To see the full charge records of Miracle Coro Plast Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Miracle Coro Plast Private Limited has 23 court cases on record: 15 filed by Miracle Coro Plast, 8 filed against it. 11 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 7 | 4 |
| High courts | 9 | 0 | 5 |
| Supreme Court | 2 | 1 | 2 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against Shriram General Insurance Company Limited | Pending |
| District court, Jaipur Metro I, Rajasthan | Civil miscellaneous application | Filed by the company against M/S Dev Bhumi Buildhome Pvt Ltd and Others | Pending |
| District court, Jaipur Metro I, Rajasthan | Civil suit | Filed by the company against M/S Dev Bhumi Buildhome Pvt Ltd and Others | Pending |
| District court, Jaipur District, Rajasthan | Civil suit | Filed by the company against United Bank of India | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil suit | Filed by the company against United Bank of India and Ors | Disposed |
To see the full case history of Miracle Coro Plast 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.
MSME payment delays
Miracle Coro Plast Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 43 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Creative Graphics Solutions India Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| H G Hawa & Co. |
To see the full MSME payment records of Miracle Coro Plast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Miracle Coro Plast Private Limited has a workforce of 250 employees on its EPFO records as of Mar 27, 2024, across 2 active EPFO establishments.
GST
Miracle Coro Plast has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCM2501B1Z4 | Rajasthan | Active | 01 Jul 2017 |
| 24AAGCM2501B1ZA | Gujarat | Active | 01 Jul 2017 |
| 03AAGCM2501B1ZE | Punjab | Active | 31 Mar 2020 |
| 27AAGCM2501B1Z4 | Maharashtra | Active | 22 Nov 2024 |
To see the full GST registrations and return filing status of Miracle Coro Plast Private Limited, buy the company report.
Recent activity
Miracle Coro Plast Private Limited has 13 board changes on record since 2009: 5 appointments and 8 cessations. The latest: Vishal Narula ceased to be Additional Director on 30 Nov 2021.
31 earlier events are in the company report.
Frequently asked questions
Miracle Coro Plast is an active private limited company based in Jaipur, Rajasthan, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 27 November 2009 (17+ years old) and is registered under CIN U25209RJ2009PTC030368.
Miracle Coro Plast has 4 current directors:
- Hemendra Agarwal - Director
- Vishal Narula - Director
- Amit Agarwal - Director
- Lokesh Agarwal - Director
The latest financial statements of Miracle Coro Plast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Miracle Coro Plast is 08AAGCM2501B1Z4, registered in Rajasthan. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAGCM2501B1ZA (Gujarat), 03AAGCM2501B1ZE (Punjab), 27AAGCM2501B1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Miracle Coro Plast is U25209RJ2009PTC030368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miracle Coro Plast has 23 court cases on record: 15 filed by the company and 8 filed against it. 11 are pending. Most are in the district courts.
Miracle Coro Plast was incorporated on 27 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Miracle Coro Plast by revenue are Sahota Papers Limited, Khetan Packfine Private Limited, Deevyashakti India Private Limited, Bindlas Duplux Limited, Cheema Papers Limited and 2 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Vishal Narula ceased to be Additional Director on 30 Nov 2021. Vishal Narula was appointed as Director on 05 Mar 2021. Alkesh Mahendrabhai Panchal ceased to be Additional Director on 31 Dec 2020. Miracle Coro Plast has 13 board changes on record in total.
Miracle Coro Plast has 4 MSME Form 1 returns on record between 2019 and 2023, listing 43 overdue payments to 12 micro and small suppliers. The latest return was filed on 23 Aug 2023.
Miracle Coro Plast can be reached through the website miraclegroup.co.in. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Miracle Coro Plast is at E – 140 Phase – II RIICO Industrial Area Bagru, Jaipur, Rajasthan, India – 303007.
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