MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0002696
Mudrika Labels Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹87.76 Cr
▲ 5% YoY
Net profit · FY 2024
₹3.76 Cr
Net margin 4.3%
EBITDA · FY 2024
₹9.87 Cr
EBITDA margin 11.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.19 Cr
Issued & subscribed
Open charges
₹11.25 Cr
Satisfied ₹64.31 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
75
Provident fund records
About Mudrika Labels Private Limited
Data last updated:
Mudrika Labels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 24 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH1997PTC105389. Its GSTIN is 27AABCM5217D1ZU (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.19 Cr. It is led by directors including Vipul Rajnikant Desai and Sandip Manubhai Kadakia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18/20 Nirman Industrial Estlinking Road Chincholi Malad (W), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.76 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.76 Cr (net margin 4.3%) and EBITDA of ₹9.87 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.25 Cr and satisfied charges of ₹64.31 Cr on record. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.57 Cr; the latest was in July 2015. The company has 16 MSME Form 1 returns on record between 2017 and 2024, listing 389 overdue payments to 79 micro and small suppliers.
Mudrika Labels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0002696). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mudrikalabels.com.
Company details
CIN U22219MH1997PTC105389
Registration Number 105389
Incorporation Date 24 January 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0002696
Key People
Vipul Rajnikant Desai Director Sandip Manubhai Kadakia Director Manish Rajnikant Desai Director Recognitions & Rankings of Mudrika Labels
Contact details
Mudrika Labels Private Limited's registered office is in Mumbai, Maharashtra. Its website is mudrikalabels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18/20 Nirman Industrial Estlinking Road Chincholi Malad (W), Mumbai, Maharashtra, India – 400064
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Mudrika Labels Private Limited, buy the company report.
Comprehensive company report
Mudrika Labels Private 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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Business activity
The main business activity of Mudrika Labels is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mudrika Labels Private Limited, buy the company report.
Financials of Mudrika Labels Private Limited
FY 2025 filings availableMudrika Labels Private Limited reported revenue of ₹87.76 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹87.76 Cr ▲ 5%
Net profit · FY 2024
₹3.76 Cr margin 4.3%
EBITDA · FY 2024
₹9.87 Cr margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 17%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 30%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 5% growth in the latest year. EBITDA rose 63% 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 | ₹9.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.76 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 | 11.2% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mudrika Labels Private Limited, buy the company report.
Board of directors of Mudrika Labels Private Limited
Mudrika Labels has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Rajnikant Desai | Director | 24 Jan 1997 | 29 Years 8 Months | Current |
| Sandip Manubhai Kadakia Also directs: Kantam Kontainers LLP, Keyel Electronics LLP, Mudrika Sang Bong Foils (India) Private Limited and 1 more | Director | 24 Jan 1997 | 29 Years 8 Months | Current |
| Manish Rajnikant Desai | Director | 24 Jan 1997 | 29 Years 8 Months | Current |
Auditor
Mudrika Labels Private Limited is audited by B. P. SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. P. SHAH & CO | FY 2023 | 109517W |
Shareholding
The shareholding of Mudrika Labels 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 Mudrika Labels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.25 Cr
Satisfied charges
₹64.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2022 | 100623207 | Others | ₹5 Cr | Open | |
| 13 Mar 2020 | 100348589 | Others | ₹5 Cr | Open | |
| 30 Dec 2008 | 10138604 | Others | ₹1.25 Cr | Open | |
| 20 Nov 2019 | 100305844 | Others | ₹74 Lakh | Satisfied | |
| 01 Jan 2019 | 100229501 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Mudrika Labels Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Mudrika Labels Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.57 Cr; the latest was in July 2015.
Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹3.57 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Funding round | ₹1.37 Cr | Investors: White-Up Commodities Pvt Ltd |
| Mar 2008 | Funding round | ₹1.45 Cr | Investors: Kayel Electronics Private Limited |
| Dec 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Cube Trafim Private Limited, Lyton Consultancy Pvt Ltd , Alexcy Tracon Pvt Ltd |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Gujrat Chemi Plasto Limited, Komal Commericial Limited, Shree Datta Industries (I) Limited |
To see the full deal history of Mudrika Labels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mudrika Labels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Mudrika Labels Private Limited has 16 MSME Form 1 returns on record between 2017 and 2024, listing 389 overdue payments to 79 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 79)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Upm - Kymmene India Private Limited | |||
| Cosmos Twisters Private Limited | |||
| an individual supplier | |||
| Pep-Cee Pack Industries | |||
| Mudra Arts (India) Private Limited |
To see the full MSME payment records of Mudrika Labels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mudrika Labels Private Limited has a workforce of 75 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
75
Active EPFO establishments
1
Employee growth
8.7%
GST
Mudrika Labels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM5217D1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mudrika Labels Private Limited, buy the company report.
Recent activity
Mudrika Labels Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Manish Rajnikant Desai was appointed as Director on 24 Jan 1997.
AGM
Mudrika Labels Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Mudrika Labels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 12 Apr 2018 via Charge ID 100171913 with Others was fully satisfied on 18 May 2024.
Charges
A charge registered on 23 Oct 2008 via Charge ID 10129626 with The Saraswat Co-Op Bank Ltd was fully satisfied on 08 Aug 2023.
Charges
A charge registered on 04 Oct 2006 via Charge ID 10022026 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 08 Aug 2023.
Charges
A charge registered on 16 Jul 2004 via Charge ID 90158432 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 08 Aug 2023.
Charges
A charge registered on 20 Nov 2019 via Charge ID 100305844 with Others was fully satisfied on 07 Jul 2023.
Charges
A charge registered on 06 Dec 2018 via Charge ID 100226459 with Others was fully satisfied on 08 Jun 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100623207 was registered on 28 Oct 2022.
Charges
A charge registered on 01 Jan 2019 via Charge ID 100229501 with Others was fully satisfied on 12 Sep 2022.
Charges
A charge registered on 15 Jun 2016 via Charge ID 100035573 with Others was fully satisfied on 12 Sep 2022.
Charges
A charge registered on 13 May 2015 via Charge ID 10570326 with The Saraswat Cooperative Bank Ltd was fully satisfied on 12 Sep 2022.
25 earlier events are in the company report.
Frequently asked questions
Mudrika Labels is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 24 January 1997 (29+ years old) and is registered under CIN U22219MH1997PTC105389.
Mudrika Labels has 3 current directors:
- Vipul Rajnikant Desai - Director
- Sandip Manubhai Kadakia - Director
- Manish Rajnikant Desai - Director
The latest financial statements of Mudrika Labels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mudrika Labels is 27AABCM5217D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mudrika Labels is U22219MH1997PTC105389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudrika Labels was incorporated on 24 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Mudrika Labels has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.57 Cr; the latest was in July 2015.
Manish Rajnikant Desai was appointed as Director on 24 Jan 1997. Sandip Manubhai Kadakia was appointed as Director on 24 Jan 1997. Vipul Rajnikant Desai was appointed as Director on 24 Jan 1997.
Yes, Mudrika Labels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0002696).
Mudrika Labels has 16 MSME Form 1 returns on record between 2017 and 2024, listing 389 overdue payments to 79 micro and small suppliers. The latest return was filed on 02 May 2024.
Mudrika Labels can be reached through the website mudrikalabels.com. Its registered office is in Mumbai, Maharashtra, India.