- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0020869

About Mukand Industries Private Limited
Data last updated:
Mukand Industries Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 23 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00000PB2001PTC024353. Its GSTIN is 03AACCM5981B1ZS (Punjab). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Lokesh Bansal and Vipul Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.05 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹20.97 Lakh (net margin 0.5%) and EBITDA of ₹2.23 Cr (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mukand Industries. As per MCA filings, the company has open charges of ₹43.57 Cr and satisfied charges of ₹39.54 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
Mukand Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0020869). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mukandindustries.com.
Company details
Recognitions & Rankings of Mukand Industries
Contact details
Mukand Industries Private Limited's registered office is in Ludhiana, Punjab. Its website is mukandindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage Gaunspur, Hambran Ladowal Road, Ludhiana, Punjab, India – 141110
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Mukand Industries Private 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
Mukand Industries operates one associated brand: Mukand Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and trading of flexible packaging materials in India. | mukandindustries.com |
Business activity
The main business activity of Mukand Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Mukand Industries Private Limited, buy the company report.
Financials of Mukand Industries Private Limited
FY 2024 filings availableMukand Industries Private Limited reported revenue of ₹39.05 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 9% fall in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.97 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Mukand Industries Private Limited, buy the company report.
Board of directors of Mukand Industries Private Limited
Mukand Industries has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokesh Bansal | Director | 23 Apr 2001 | 25 Years 6 Months | Current |
| Vipul Bansal | Director | 18 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Mukand Industries Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spinaroo Commercial Limited | ₹39.34 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Adway Print Concept Private Limited | ₹39.32 Cr (FY 2025) | -15.0% | Delhi, India | |||
| Mukand Industries Private Limitedthis company | ₹39.05 Cr (FY 2024) | ₹20.97 Lakh | 0.5% | -9.0% | 10 | Ludhiana, Punjab, India |
| Qed Kares Packers Private Limited | ₹38.73 Cr (FY 2025) | 20.0% | Delhi, India |
To see the full peer comparison of Mukand Industries Private Limited, buy the company report.
Auditor
Mukand Industries Private Limited is audited by Goyal Sanjay & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goyal Sanjay & Associates | FY 2023 | 010083N |
Shareholding
The shareholding of Mukand Industries 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mukand Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2023 | 100802422 | Hdfc Bank Limited | ₹21.69 Cr | Open | |
| 07 Jun 2023 | 100761439 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 07 Apr 2021 | 100438174 | Hdfc Bank Limited | ₹21.69 Cr | Open | |
| 23 Feb 2002 | 90176038 | Codurion Bank Ltd | ₹3.5 Lakh | Open | |
| 31 Aug 2015 | 10593147 | Others | ₹13.38 Cr | Satisfied |
To see the full charge records of Mukand Industries Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Mukand Industries Private Limited has 5 court cases on record: 3 filed by Mukand Industries, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Court case (RP) | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against M.S Ritas International | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Mukand Industries Private 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
Mukand Industries Private Limited was last rated by Crisil on 18 Nov 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Nov 2016 |
To see the full credit ratings and regulatory alerts of Mukand Industries Private Limited, buy the company report.
MSME payment delays
Mukand Industries Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 10 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Salasar Board & Paper Laminators Private Limited |
To see the full MSME payment records of Mukand Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mukand Industries Private Limited has a workforce of 10 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Mukand Industries has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCM5981B1ZS | Punjab | Active | 01 Jul 2017 |
| 03AACCM5981B2ZR | Punjab | Active | 15 Apr 2023 |
| 08AACCM5981B1ZI | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mukand Industries Private Limited, buy the company report.
Recent activity
Mukand Industries Private Limited has 14 board changes on record since 2001: 8 appointments and 6 cessations. The latest: Joginder Pal ceased to be Director on 15 Sep 2023.
28 earlier events are in the company report.
Frequently asked questions
Mukand Industries is an active private limited company based in Ludhiana, Punjab, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 23 April 2001 (25+ years old) and is registered under CIN U00000PB2001PTC024353.
Mukand Industries has 2 current directors:
- Lokesh Bansal - Director
- Vipul Bansal - Director
The latest financial statements of Mukand Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mukand Industries is 03AACCM5981B1ZS, registered in Punjab. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 03AACCM5981B2ZR (Punjab), 08AACCM5981B1ZI (Rajasthan).
The CIN (Corporate Identification Number) of Mukand Industries is U00000PB2001PTC024353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mukand Industries has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending.
Mukand Industries was incorporated on 23 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Mukand Industries by revenue are Spinaroo Commercial Limited, Adway Print Concept Private Limited, Qed Kares Packers Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Joginder Pal ceased to be Director on 15 Sep 2023. Vipul Bansal was appointed as Director on 18 Feb 2019. Aman Singal ceased to be Director on 06 Feb 2019. Mukand Industries has 14 board changes on record in total.
Yes, Mukand Industries is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0020869).
Mukand Industries has 3 MSME Form 1 returns on record between 2019 and 2021, listing 10 overdue payments to 1 micro and small supplier. The latest return was filed on 18 Apr 2021.
Mukand Industries can be reached through the website mukandindustries.com. Its registered office is in Ludhiana, Punjab, India.

