Panel Boards & Laminates Limited

Panel Boards & Laminates Limited - packaging in Secunderabad, Telangana, India. FY 2026 financials & compliance.
CIN U36999TG2007PLC056030 Incorporated 22 October 2007 ROC Hyderabad HQ Secunderabad, Telangana, India
Active Public Limited Company packaging MSME · Micro
Data last updated
Revenue · FY 2025
₹73,000
▼ 22% YoY
Net loss · FY 2025
₹75.9 Lakh
Latest filing
EBITDA · FY 2025
-₹72.13 Lakh
Latest filing
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹53 Lakh
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
5
As per MCA filings

About Panel Boards & Laminates Limited

Data last updated:

Panel Boards & Laminates Limited is a public limited company based in Secunderabad, Telangana, India, a subsidiary of Mystic Wood Holdings & Trading Pvt Ltd. It operates in the paper segment of the packaging sector. It was incorporated on 22 October 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U36999TG2007PLC056030. Its GSTIN is 27AAECP4258Q2ZP (Maharashtra). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹53 Lakh. It is led by directors including Chandrakant Bandopant Katage (Whole-Time Director) and Bhagya Jyothi Mulinti.

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 Surya Towers 3rd Floor C Block 104 S P Road, Secunderabad, Telangana, India – 500003.

As per the financials filed for FY 2025, the company reported a revenue of ₹73,000, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹75.9 Lakh and EBITDA of -₹72.13 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 26% over five years.

As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 1 case is pending.

Panel Boards & Laminates Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0016031). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U36999TG2007PLC056030
Registration Number 056030
Incorporation Date 22 October 2007
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mystic Wood Holdings & Trading Pvt Ltd
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0016031

CIN history

Panel Boards & Laminates has one previous CIN (Corporate Identification Number): U36999AP2007PLC056030. The current CIN is U36999TG2007PLC056030, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U36999TG2007PLC056030Current
U36999AP2007PLC056030Previous
Key People
Chandrakant Bandopant Katage Whole-Time Director Ramesh Kumar Ramakrishnan Nominee Director Bhagya Jyothi Mulinti Director

Recognitions & Rankings of Panel Boards & Laminates

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0016031

Contact details

Panel Boards & Laminates Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Surya Towers 3rd Floor C Block 104 S P Road, Secunderabad, Telangana, India – 500003
  • Industry
    Packaging, Paper, Laminated & Corrugated Packaging

To see the full contact details of Panel Boards & Laminates Limited, buy the company report.

Comprehensive company report
Panel Boards & Laminates Limited - one report that includes everything
  • 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
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Financials of Panel Boards & Laminates Limited

FY 2025 filings available

Panel Boards & Laminates Limited reported revenue of ₹73,000 (down 22% YoY) for FY 2025.

Revenue · FY 2025
₹73,000 ▼ 22%
Net loss · FY 2025
₹75.9 Lakh
EBITDA · FY 2025
-₹72.13 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 5%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 2%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 22% fall in the latest year. EBITDA rose 18% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹72.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹75.9 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Panel Boards & Laminates Limited, buy the company report.

Board of directors of Panel Boards & Laminates Limited

Panel Boards & Laminates has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh Kumar Ramakrishnan
Also directs: Mikata Industries and Tech Services LLP, Essar Power Limited, Essar Power Gujarat Limited
Nominee Director01 Mar 20215 Years 8 MonthsCurrent
Chandrakant Bandopant KatageWhole-Time Director22 Feb 201313 Years 8 MonthsCurrent
Bhagya Jyothi MulintiDirector01 Sep 20224 Years 2 MonthsCurrent
Nimmagadda Devi PrasadDirector01 May 20215 Years 6 MonthsCurrent
Siroor Valagudde Shanker Shetty
Also directs: Mikata Industries and Tech Services LLP, Anjani Foods Limited, Hitech Print Systems Limited. and 2 more
Nominee Director01 Mar 20215 Years 8 MonthsCurrent
View all directors

Peer comparison

Panel Boards & Laminates Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Punjab Veneers Limited₹83,030 (FY 2024)3.0%Haryana, India
Wintek Boards Private Limited₹82,790 (FY 2025)Gurdaspur, Punjab, India
Indo Dane Boards Private Limited₹81,750 (FY 2025)6.0%New Delhi, Delhi, India
Dalan Impex India Private Limited₹76,187 (FY 2021)Faridabad, Haryana, India
Kaivalya Exim Private Limited₹75,000 (FY 2025)Agra, Uttar Pradesh, India
Panel Boards & Laminates Limitedthis company₹73,000 (FY 2025)-₹75.9 Lakh-22.0%Secunderabad, Telangana, India
Tarcc Marketing Private Limited₹72,845 (FY 2019)-97.0%Mysore, Karnataka, India
Plama Boards Private Limited₹72,030 (FY 2024)71930.0%Mangalore, Karnataka, India
L.M. Plywoods Private Limited₹68,060 (FY 2024)21.0%Tetulbaria, West Bengal, India
Konark Plywood Industries Private Limited₹63,500 (FY 2023)Ulhasnagar, Maharashtra, India
Great Western Woods Private Limited₹63,500 (FY 2023)Ulhasnagar, Maharashtra, India

To see the full peer comparison of Panel Boards & Laminates Limited, buy the company report.

Auditor

Panel Boards & Laminates Limited is audited by Abhishek Daga & Co. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Abhishek Daga & Co.FY 20240018492S

Shareholding

The shareholding of Panel Boards & Laminates 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Panel Boards & Laminates Limited, buy the company report.

Charges & borrowings

Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Mystic Woods Holdings & Trading Private Limited₹4.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 201110276967Mystic Woods Holdings & Trading Private Limited₹4 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Panel Boards & Laminates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Panel Boards & Laminates has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAECP4258Q2ZPMaharashtraActive04 Aug 2021

To see the full GST registrations and return filing status of Panel Boards & Laminates Limited, buy the company report.

Recent activity

Panel Boards & Laminates Limited has 18 board changes on record since 2008: 5 appointments and 13 cessations. The latest: Bhagya Jyothi Mulinti ceased to be Whole-Time Director on 30 Mar 2025.

AGM
Panel Boards & Laminates Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panel Boards & Laminates Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Bhagya Jyothi Mulinti ceased to be Whole-Time Director.
Appointed
Bhagya Jyothi Mulinti was appointed as Director.
Appointed
Nimmagadda Devi Prasad was appointed as Director.
Ceased
Chandrakant Bandopant Katage ceased to be Nominee Director.
Ceased
Edara Sri Krishnam Raju ceased to be Director.
Ceased
Nimmagadda Devi Prasad ceased to be Additional Director.
Appointed
Ramesh Kumar Ramakrishnan was appointed as Nominee Director.
Appointed
Siroor Valagudde Shanker Shetty was appointed as Nominee Director.
Ceased
Nageswara Rao Turaga ceased to be Director.
Appointed
Chandrakant Bandopant Katage was appointed as Whole-Time Director.

10 earlier events are in the company report.

Frequently asked questions

Panel Boards & Laminates is an active public limited company based in Secunderabad, Telangana, India. The company works in paper, within the packaging industry. It was incorporated on 22 October 2007 (19+ years old) and is registered under CIN U36999TG2007PLC056030.

Panel Boards & Laminates has 5 current directors:

The latest financial statements of Panel Boards & Laminates 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 Panel Boards & Laminates is 27AAECP4258Q2ZP, registered in Maharashtra. 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 Panel Boards & Laminates is U36999TG2007PLC056030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panel Boards & Laminates has 25 court cases on record: 3 filed by the company and 22 filed against it. 1 is pending. Most are in the district courts.

Panel Boards & Laminates was incorporated on 22 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Panel Boards & Laminates by revenue are Punjab Veneers Limited, Wintek Boards Private Limited, Indo Dane Boards Private Limited, Dalan Impex India Private Limited, Kaivalya Exim Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).

Bhagya Jyothi Mulinti ceased to be Whole-Time Director on 30 Mar 2025. Bhagya Jyothi Mulinti was appointed as Director on 01 Sep 2022. Nimmagadda Devi Prasad was appointed as Director on 01 May 2021. Panel Boards & Laminates has 18 board changes on record in total.

Yes, Panel Boards & Laminates is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0016031).

The registered office of Panel Boards & Laminates is at Surya Towers 3rd Floor C Block 104 S P Road, Secunderabad, Telangana, India – 500003.