Propene Products Limited
About Propene Products Limited
Data last updated:
Propene Products Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 26 September 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U21014UP1977PLC004482. Its GSTIN is 09AAACP8241R1ZR (Uttar Pradesh).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.84 Cr. It is led by directors including Maiher Tandon and Vivek Tandon.
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 E – 10 Panki Industrialarea Kanpur, Uttar Pradesh, India – 208022.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹76.67 Cr (net margin 82.1%) and EBITDA of ₹89.13 Cr (EBITDA margin 95.4%). Revenue has grown at a compounded annual rate (CAGR) of 387% over three years and 141% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.97 Cr and satisfied charges of ₹27 Cr on record. Court records list 24 cases involving the company, including 13 filed by the company and 11 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Propene Products Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 10 Panki Industrialarea Kanpur, Uttar Pradesh, India – 208022
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Propene Products 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
Financials of Propene Products Limited
FY 2025 filings availablePropene Products Limited reported revenue of ₹93.42 Cr (up 6869% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 141% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹89.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.67 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.4% | ||||
| Net Profit Margin | 82.1% | ||||
| 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 Propene Products Limited, buy the company report.
Board of directors of Propene Products Limited
Propene Products has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maiher Tandon | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
| Vivek Tandon | Director | 09 Mar 1993 | 33 Years 7 Months | Current |
| Adarsh Tandon | Director | 20 May 2023 | 3 Years 5 Months | Current |
| Abhimanyu Tandon Also directs: Shree Polymers and Packers Private Limited | Director | 01 Dec 1995 | 30 Years 10 Months | Current |
Peer comparison
Propene Products Limited is compared with the 8 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yesh Lamiprint Private Limited | ₹94.82 Cr (FY 2025) | 62.0% | Ahmedabad, Gujarat, India | |||
| JNS Neopac India Private Limited | ₹94.47 Cr (FY 2025) | 101.0% | Bangalore, Karnataka, India | |||
| Vibgyor Printing and Packaging Pvt Ltd | ₹94.34 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Sterling Tapes Limited | ₹93.54 Cr (FY 2025) | 15.0% | Belgaum, Karnataka, India | |||
| Propene Products Limitedthis company | ₹93.42 Cr (FY 2025) | ₹76.67 Cr | 82.1% | 6869.0% | 1 | Kanpur, Uttar Pradesh, India |
| Paramount Iron and Steel Works Private Limited | ₹93.32 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Crystal Tea (India) Private Limited | ₹91.28 Cr (FY 2024) | 51.0% | Kolkata, West Bengal, India | |||
| Hnti Limited | ₹90.41 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Novex Poly Films Private Limited | ₹90.26 Cr (FY 2025) | 7.0% | Daman, Daman and Diu, India |
To see the full peer comparison of Propene Products Limited, buy the company report.
Auditor
Propene Products Limited is audited by BATRA AGARWAL ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BATRA AGARWAL ASSOCIATES | FY 2023 | 002522C |
Shareholding
The shareholding of Propene Products 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 Propene Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2022 | 100561250 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 04 Feb 2022 | 100549962 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 15 Feb 2000 | 90277113 | Bank of Baroda | ₹8.5 Cr | Open | |
| 27 Jan 2000 | 90279616 | Bankof Baroda | ₹1 Cr | Open | |
| 22 Sep 1999 | 90275116 | Bank of Baroda | ₹50 Lakh | Open |
To see the full charge records of Propene Products Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Propene Products Limited has 24 court cases on record: 13 filed by Propene Products, 11 filed against it. 2 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 1 | 0 |
| District courts | 10 | 10 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by J.K.Cement Ltd. | Pending |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by Ms. J.K. Cement Ltd. | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by Ms Pooja Plasto Colour Pvt.Ltd. | Disposed |
| High Court, UTTARPRADESH | Court case (COPP) | Filed against the company by M/S Prince Multiplast Pvt. Ltd. | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by Ms J.P. Transport Corporation | Pending |
To see the full case history of Propene Products 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
No delayed payments to MSME suppliers are on our record for Propene Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Propene Products Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Propene Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP8241R1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Propene Products Limited, buy the company report.
Recent activity
Propene Products Limited has 6 board changes on record since 1993: 4 appointments and 2 cessations. The latest: Adarsh Tandon was appointed as Director on 20 May 2023.
31 earlier events are in the company report.
Frequently asked questions
Propene Products is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 26 September 1977 (49+ years old) and is registered under CIN U21014UP1977PLC004482.
Propene Products has 4 current directors:
- Maiher Tandon - Director
- Vivek Tandon - Director
- Adarsh Tandon - Director
- Abhimanyu Tandon - Director
The latest financial statements of Propene Products 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 Propene Products is 09AAACP8241R1ZR, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Propene Products is U21014UP1977PLC004482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propene Products has 24 court cases on record: 13 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Propene Products was incorporated on 26 September 1977, making it 49+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Propene Products by revenue are Yesh Lamiprint Private Limited, JNS Neopac India Private Limited, Vibgyor Printing and Packaging Pvt Ltd, Sterling Tapes Limited, Paramount Iron and Steel Works Private Limited and 3 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (food, beverages and tobacco products).
Adarsh Tandon was appointed as Director on 20 May 2023. Ravi Tandon ceased to be Director on 20 May 2023. Ajit Tandon ceased to be Director on 23 Mar 2019. Propene Products has 6 board changes on record in total.
The registered office of Propene Products is at E – 10 Panki Industrialarea Kanpur, Uttar Pradesh, India – 208022.
Propene Products operates in the packaging industry, in the industrial packaging solutions segment.