About Borkar Packaging Private Limited
Data last updated:
Borkar Packaging Private Limited is a private limited company based in Goa, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 06 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74950GA1994PTC001667. Its GSTIN is 30AAACB7618N1ZP (Goa). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹31.4 Cr and a paid-up capital of ₹26.03 Cr. It is led by directors including Nikhil Anil Borkar (Whole-Time Director) and Amol Anil Borker (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 Lake Plazaopp Nehru Stadium Fatorda Margao, Goa, India – 403601.
As per the financials filed for FY 2024, the company reported a revenue of ₹399.03 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Cr (net margin 1.6%) and EBITDA of ₹55.65 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 265 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Borkar pckaging. As per MCA filings, the company has open charges of ₹307.46 Cr and satisfied charges of ₹888.15 Cr on record. Court records list 60 cases involving the company, including 32 filed by the company and 28 filed against it; 14 cases are pending. The company has 16 deals on record (13 secondary share transfers, 3 funding rounds), with disclosed funding of ₹80 Cr; the latest was in November 2025. Its 8 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 4 smaller; the largest is B&B Triplewall Containers Limited with revenue of ₹492.73 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website borkarpackaging.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressLake Plazaopp Nehru Stadium Fatorda Margao, Goa, India – 403601
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
- 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
Associated Brands
Borkar Packaging operates one associated brand: Borkar pckaging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mono cartons, labels, and corrugated packaging are manufactured. | borkarpackaging.com |
Business Activity
The main business activity of Borkar Packaging is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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
Financials of Borkar Packaging Private Limited
FY 2025 filings availableBorkar Packaging Private Limited reported revenue of ₹399.03 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 10% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹55.65 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹6.24 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.9% | |
| Net Profit Margin | 1.6% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Borkar Packaging are in the company report.
: available in the company report
Board of Directors of Borkar Packaging Private Limited
Borkar Packaging has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Anil Borkar | Whole-Time Director | 01 Feb 2014 | 12 Years 8 Months | Current |
| Harsh Pati Singhania Also directs: JK Paper Limited, Horizon Packs Private Limited, Quadragen Vethealth Private Limited and 5 more | Director | 28 Oct 2025 | 0 Years 11 Months | Current |
| Amar Singh Mehta | Director | 28 Oct 2025 | 0 Years 11 Months | Current |
| Chaitanya Hari Singhania Also directs: Umang Dairies Limited, Terrestrial Foods Limited, Horizon Packs Private Limited and 5 more | Director | 28 Oct 2025 | 0 Years 11 Months | Current |
| Mamta Singhania | Director | 28 Oct 2025 | 0 Years 11 Months | Current |
| Sushil Kumar Wali Also directs: Horizon Packs Private Limited, Quadragen Vethealth Private Limited, Goel Construction Company Limited and 1 more | Director | 28 Oct 2025 | 0 Years 11 Months | Current |
Peer Comparison
Borkar Packaging Private Limited is compared with the 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). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B&B Triplewall Containers Limited Listed | ₹492.73 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Orchid Laminates Private Limited | ₹468.11 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| Prem Industries India Limited | ₹460.48 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Delhi, India |
| Canpac Trends Private Limited | ₹404.22 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Ahmedabad, Gujarat, India |
| Borkar Packaging Private Limited this company | ₹399.03 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Goa, India |
| Magnum Ventures Limited. Listed | ₹397.26 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| The South India Paper Mills Limited Listed | ₹370.4 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Nanjangud, Karnataka, India |
| Westrock India Private Limited | ₹363.47 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Oji India Packaging Private Limited | ₹361.43 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
Peers are the companies nearest to Borkar Packaging by revenue, above and below it, 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Borkar Packaging Private Limited is audited by R. K. PIKALE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. K. PIKALE & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2026 | Others | ₹9 Cr | Open |
| 30 Dec 2024 | Yes Bank Limited | ₹23 Cr | Open |
| 17 Oct 2024 | Yes Bank Limited | ₹14.41 Cr | Open |
| 17 Oct 2024 | Yes Bank Limited | ₹14.41 Cr | Open |
| 27 Sep 2024 | Others | ₹68.5 Lakh | Open |
Total charge records: 187 View all charges
Deals & Funding
Borkar Packaging Private Limited has 16 deals on record (13 secondary share transfers, 3 funding rounds), with disclosed funding of ₹80 Cr; the latest was in November 2025.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Funding round | ₹60 Cr | Investors: JK Paper Limited |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Borkar Family Trust Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Borkar Consultancy Services Private Limited , an individual Seller: 3 individuals |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: Borkar Consultancy Services Private Limited , an individual Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Akar Creations Private Limited , an individual |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Borkar Packaging Private Limited has 60 court cases on record: 32 filed by Borkar Packaging, 28 filed against it. 14 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 12 | 8 |
| High courts | 16 | 12 | 4 |
| NCLAT | 3 | 3 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Akar Creations Pvt. Ltd Represented by Managing Director Avinash Sadanand Borkar and 7 Ors | Pending |
| District court, South Goa, Goa | Appeal | Filed by the company against Srishti Kraft and Metals Pvt Ltd and 2 others | Pending |
| District court, South Goa, Goa | Civil suit | Filed by the company against Maxim Label and Packaging (India) Pvt Ltd and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S. Harso Steels Pvt Ltd | Pending |
| District court, South Goa, Goa | Court case (SCS) | Filed by the company against M/S Srishti Packaging Pvt Ltd and 2 others | Pending |
: available in 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.
Employees and EPFO Compliance
Borkar Packaging Private Limited has a workforce of 265 employees as of Nov 18, 2024.
: available in the company report
Group Structure
Borkar Packaging has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Universal Cartons Solutions Private Limited | U74950GA1995PTC001913 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity
Borkar Packaging Private Limited has 21 board changes on record since 2011: 8 appointments and 13 cessations. The latest: Amar Singh Mehta was appointed as Director on 28 Oct 2025.
403 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Borkar Packaging has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACB7618N1ZP | Goa | Active | 01 Jul 2017 |
| 02AAACB7618N1ZO | Himachal Pradesh | Active | 01 Jul 2017 |
| 19AAACB7618N1Z9 | West Bengal | Active | 05 Apr 2018 |
| 26AAACB7618N1ZE | Daman & Diu | Active | 01 Aug 2020 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Borkar Packaging is an active private limited company based in Goa, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 06 October 1994 (32+ years old) and is registered under CIN U74950GA1994PTC001667.
Borkar Packaging has 8 current directors:
- Nikhil Anil Borkar - Whole-Time Director
- Amol Anil Borker - Whole-Time Director
- Harsh Pati Singhania - Director
- Amar Singh Mehta - Director
- Chaitanya Hari Singhania - Director
- Mamta Singhania - Director
- Sushil Kumar Wali - Director
- Anoop Seth - Director
The latest financial statements of Borkar Packaging 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.
The GSTIN of Borkar Packaging is 30AAACB7618N1ZP, registered in Goa. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 02AAACB7618N1ZO (Himachal Pradesh), 19AAACB7618N1Z9 (West Bengal), 26AAACB7618N1ZE (Daman & Diu).
The CIN (Corporate Identification Number) of Borkar Packaging is U74950GA1994PTC001667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borkar Packaging has 60 court cases on record: 32 filed by the company and 28 filed against it. 14 are pending. Most are in the district courts.
Borkar Packaging was incorporated on 06 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Goa.
Borkar Packaging has 16 deals on record (13 secondary share transfers, 3 funding rounds), with disclosed funding of ₹80 Cr; the latest was in November 2025.
The peers of Borkar Packaging by revenue are B&B Triplewall Containers Limited, Orchid Laminates Private Limited, Prem Industries India Limited, Canpac Trends Private Limited, Magnum Ventures Limited. and 3 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).
Amar Singh Mehta was appointed as Director on 28 Oct 2025. Amar Singh Mehta ceased to be Additional Director on 28 Oct 2025. Anoop Seth was appointed as Director on 28 Oct 2025. Borkar Packaging has 21 board changes on record in total.
Borkar Packaging can be reached through the website borkarpackaging.com. Its registered office is in Goa, India.