About The Mysore Paper Mills Limited
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The Mysore Paper Mills Limited is a public limited state government company based in Bangalore, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 20 May 1936 and has been in existence for over 90 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L99999KA1936SGC000173. Its GSTIN is 29AAACT7735Q1ZI (Karnataka). The company holds 3 GST registrations, of which 2 are active. It is recorded as listed by MCA, but trading in its shares on BSE (502405) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹118.89 Cr. It was formerly known as Mysore Paper Mills Limited. It is led by directors including Renuka Chidambaram and Chandra Shekhar Lakshmana Nayaka.
Its last annual general meeting (AGM) was held on 29 December 2021, and its latest financial statements are for the year ended 31 March 2015. The registered office is at # 32 5th Floor D. Devaraj Urs Road (Racecourse Road), Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2015, the company reported a revenue of ₹379.61 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹92.87 Cr (net margin -24.5%) and EBITDA of -₹47.48 Cr (EBITDA margin -12.5%).
The company is associated with 1 brand: Mysore Paper Mills. As per MCA filings, the company has open charges of ₹54.11 Cr and satisfied charges of ₹309.46 Cr on record. Court records list 478 cases involving the company, including 137 filed by the company and 345 filed against it; 44 cases are pending. The company has 4 deals on record (4 market trades); the latest was in December 2007. Its 10 peer companies in the Agriculture industry (Paper, Sugar) are compared by revenue, 5 larger and 5 smaller; the largest is Maruti Papers Private Limited with revenue of ₹397.34 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 mpm.karnataka.gov.in.
Company details
CIN history
The Mysore Paper Mills has one previous CIN (Corporate Identification Number): U99999KA1936SGC000173. The current CIN is L99999KA1936SGC000173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999KA1936SGC000173 | Current |
| U99999KA1936SGC000173 | Previous |
Contact details
The Mysore Paper Mills Limited's registered office is in Bangalore, Karnataka. Its website is mpm.karnataka.gov.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address# 32 5th Floor D. Devaraj Urs Road (Racecourse Road), Bangalore, Karnataka, India – 560001
- IndustryAgriculture, Sugar Processing
To see the full contact details of The Mysore Paper Mills 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
The Mysore Paper Mills operates one associated brand: Mysore Paper Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services in Maine are managed effectively. | mpm.co.in |
Financials of The Mysore Paper Mills Limited
FY 2015 filings availableThe Mysore Paper Mills Limited reported revenue of ₹379.61 Cr (down 4% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA fell 35% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹379.61 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹47.48 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹92.87 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -12.5% |
| Net Profit Margin | -24.5% |
| 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 The Mysore Paper Mills Limited, buy the company report.
Board of directors of The Mysore Paper Mills Limited
The Mysore Paper Mills has 3 current directors and 51 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Chidambaram | Director | 18 Oct 2016 | 10 Years 0 Months | Current |
| Chandra Shekhar Lakshmana Nayaka Also directs: Karnataka Silk Marketing Board Limited | Nominee Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Kannaiyan Baskaran Sivakumar | Nominee Director | 07 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
The Mysore Paper Mills Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Paper, Sugar), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maruti Papers Private Limited | ₹397.34 Cr (FY 2025) | 23.0% | Shamli, Uttar Pradesh, India | |||
| MRN Cane Power India Limited | ₹394.17 Cr (FY 2022) | 133.0% | Bagalkot, Karnataka, India | |||
| Vinp Distilleries and Sugars Private Limited | ₹393.05 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India | |||
| Bhola Ram Papers & Power Private Limited | ₹383.35 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| The United Provinces Sugar Company Limited | ₹382.13 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| The Mysore Paper Mills Limitedthis company | ₹379.61 Cr (FY 2015) | -₹92.87 Cr | -24.5% | -4.0% | Bangalore, Karnataka, India | |
| G7 Sugar Limited | ₹377.17 Cr (FY 2025) | -6.0% | Gangakhed, Maharashtra, India | |||
| Ponni Sugars (Erode) Limited | ₹371.41 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, 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 | |||
| Bang Paper & Boards Private Limited | ₹363.89 Cr (FY 2025) | -31.0% | Bangalore, Karnataka, India |
To see the full peer comparison of The Mysore Paper Mills Limited, buy the company report.
Auditor
The Mysore Paper Mills Limited is audited by M N S AND CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N S AND CO | FY 2015 | 003968S |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2004 | 80042543 | Canara Bank Head Office | ₹8.58 Cr | Open | |
| 26 Feb 2004 | 80013113 | Canara Bank | ₹45.5 Cr | Open | |
| 01 May 1939 | 80063635 | Imperial Bank of India | ₹3 Lakh | Open | |
| 06 Dec 2010 | 10262813 | Canara Bank | ₹5 Cr | Satisfied | |
| 10 Jun 2009 | 10168008 | State Bank of Mysore | ₹12 Cr | Satisfied |
To see the full charge records of The Mysore Paper Mills Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
The Mysore Paper Mills Limited has 4 deals on record (4 market trades); the latest was in December 2007.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2007 | Market trade | ₹66.1 Lakh | Seller: Idbi Ltd |
| May 2005 | Market trade | ₹12.2 Lakh | Buyer: SMS Holdings Private Limited |
| Mar 2005 | Market trade | ₹2.41 Cr | Buyer: 2 individuals Seller: Icic Bank Ltd. |
| Sep 2004 | Market trade | ₹31.2 Lakh | Buyer: an individual Seller: Icici Bank Ltd Investmen |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
The Mysore Paper Mills Limited has 478 court cases on record: 137 filed by The Mysore Paper Mills, 345 filed against it. 44 cases are pending and 434 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 308 | 230 | 27 |
| District courts | 156 | 106 | 15 |
| Supreme Court | 14 | 9 | 2 |
Cases on record (5 of 478)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (Co.Appl.) | Filed by the company against M/S. Victory Press Pvt. Ltd., | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by The Management of Mysore Paper Mills Ltd | Pending |
| High Court, KARNATAKA | Appeal | Filed by the company against The Workmen of Mysore Paper Mills Ltd and 3 others | Pending |
| High Court | Writ petition | Filed against the company by The Employees of Mysore Paper Mills Ltd | Pending |
| High Court | Writ petition | Filed by the company against M/S Mysore Paper Mills Ltd and 2 others | Pending |
To see the full case history of The Mysore Paper Mills 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
The Mysore Paper Mills Limited was last rated by Care on 30 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Nov 2021 |
To see the full credit ratings and regulatory alerts of The Mysore Paper Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for The Mysore Paper Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The Mysore Paper Mills has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT7735Q1ZI | Karnataka | Active | 01 Jul 2017 |
| 29AAACT7735Q1DR | Karnataka | Active | 03 Dec 2018 |
To see the full GST registrations and return filing status of The Mysore Paper Mills Limited, buy the company report.
Recent activity
The Mysore Paper Mills Limited has 104 board changes on record since 1995: 53 appointments and 51 cessations. The latest: Gaurav Gupta ceased to be Director on 30 Sep 2021.
121 earlier events are in the company report.
Frequently asked questions
The Mysore Paper Mills is an active public limited state government company based in Bangalore, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 20 May 1936 (90+ years old) and is registered under CIN L99999KA1936SGC000173.
The Mysore Paper Mills has 3 current directors:
- Renuka Chidambaram - Director
- Chandra Shekhar Lakshmana Nayaka - Nominee Director
- Kannaiyan Baskaran Sivakumar - Nominee Director
The latest financial statements of The Mysore Paper Mills on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 29 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of The Mysore Paper Mills is 29AAACT7735Q1ZI, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACT7735Q1DR (Karnataka).
The CIN (Corporate Identification Number) of The Mysore Paper Mills is L99999KA1936SGC000173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Mysore Paper Mills is recorded as a listed company by MCA, but trading in its shares on BSE (502405) has been suspended, so they do not currently trade on a stock exchange.
The Mysore Paper Mills has 478 court cases on record: 137 filed by the company and 345 filed against it. 44 are pending. Most are in the high courts.
The Mysore Paper Mills was incorporated on 20 May 1936, making it 90+ years old. It is registered with the Registrar of Companies, Bangalore.
The Mysore Paper Mills has 4 deals on record (4 market trades); the latest was in December 2007.
The peers of The Mysore Paper Mills by revenue are Maruti Papers Private Limited, MRN Cane Power India Limited, Vinp Distilleries and Sugars Private Limited, Bhola Ram Papers & Power Private Limited, The United Provinces Sugar Company Limited and 5 more, all in the Agriculture industry (Paper, Sugar).
Gaurav Gupta ceased to be Director on 30 Sep 2021. Chandra Shekhar Lakshmana Nayaka was appointed as Nominee Director on 01 Sep 2020. Pavan Kumar Malapati ceased to be Director on 01 Sep 2020. The Mysore Paper Mills has 104 board changes on record in total.