About Naini Tissues Limited
Data last updated:
Naini Tissues Limited was a public limited company based in Udham Singh Nagar, Uttarakhand, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the paper and packaging products segment of the manufacturing sector. It was incorporated on 20 November 2002.
The company was registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U21011UR2002PLC027071. Its GSTIN is 05AABCN8191R1ZR (Uttarakhand).
The company had an authorised share capital of ₹17 Cr and a paid-up capital of ₹17 Cr. It was led by directors including Pawan Agarwal (Managing Director) and Rahul Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 11 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Station Road Opposite Radhey Shyam Building Kashipur, Udham Singh Nagar, Uttarakhand, India – 244713.
As per the financials filed for FY 2020, the company reported a revenue of ₹323.89 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹52.63 Cr (net margin 16.2%) and EBITDA of ₹95.96 Cr (EBITDA margin 29.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company had about 283 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹105.31 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The last known website on record is nainigroup.com.
Company details
CIN history
Naini Tissues has one previous CIN (Corporate Identification Number): U21011UP2002PLC027071. The current CIN is U21011UR2002PLC027071, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21011UR2002PLC027071 | Current |
| U21011UP2002PLC027071 | Previous |
Contact details
Naini Tissues Limited's registered office is in Udham Singh Nagar, Uttarakhand. Its website is nainigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressStation Road Opposite Radhey Shyam Building Kashipur, Udham Singh Nagar, Uttarakhand, India – 244713
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Naini Tissues 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
Business activity
The main business activity of Naini Tissues 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 Naini Tissues Limited, buy the company report.
Financials of Naini Tissues Limited
FY 2020 filings availableNaini Tissues Limited reported revenue of ₹323.89 Cr (down 7% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 17% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹323.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹95.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.63 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.6% | ||||
| Net Profit Margin | 16.2% | ||||
| 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 Naini Tissues Limited, buy the company report.
Board of directors of Naini Tissues Limited
Naini Tissues has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Agarwal | Whole-Time Director | 08 Aug 2006 | 20 Years 2 Months | As last reported |
| Gaurav Agarwal | Whole-Time Director | 01 Mar 2016 | 10 Years 7 Months | As last reported |
| Pramod Kumar Agarwal | Director | 08 Aug 2006 | 20 Years 2 Months | As last reported |
| Pradeep Kumar Agarwal Also directs: Naini Capital Limited | Director | 08 Aug 2006 | 20 Years 2 Months | As last reported |
| Sumod Kumar Agarwal | Whole-Time Director | 20 Nov 2002 | 23 Years 11 Months | As last reported |
| Naveen Agarwal Also directs: Naini Capital Limited | Director | 20 Nov 2002 | 23 Years 11 Months | As last reported |
Peer comparison
Naini Tissues Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Paper), 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 |
|---|---|---|---|---|---|---|
| Om Sree Papertek Private Limited | ₹362.39 Cr (FY 2025) | 13.0% | Manoharabad, Telangana, India | |||
| Venkraft Paper Mills Private Limited | ₹358.42 Cr (FY 2025) | 3.0% | Krishnagiri, Tamil Nadu, India | |||
| Origami Cellulo Private Limited | ₹357.99 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Ivax Paper Chemicals Private Limited | ₹348.87 Cr (FY 2025) | 6.0% | Bengaluru, Karnataka, India | |||
| Hariom Industries Limited | ₹347.27 Cr (FY 2025) | 17.0% | Bhairampur, Uttar Pradesh, India | |||
| Naini Tissues Limitedthis company | ₹323.89 Cr (FY 2020) | ₹52.63 Cr | 16.2% | -7.0% | 283 | Udham Singh Nagar, Uttarakhand, India |
| DSG Papers Private Limited | ₹308.08 Cr (FY 2025) | 0.0% | Patiala, Punjab, India | |||
| Binjusaria Papers Private Limited | ₹297.8 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Rayana Paper Board Industries Limited | ₹297.64 Cr (FY 2024) | -11.0% | Uttar Pradesh, India | |||
| Shweta Paper Industries Private Limited | ₹297.57 Cr (FY 2025) | 12.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Naini Tissues Limited, buy the company report.
Auditor
Naini Tissues Limited is audited by NAVRATN & Co. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVRATN & Co. LLP | FY 2020 | N500107 |
Shareholding
The shareholding of Naini Tissues Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Naini Tissues Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2019 | 100293185 | Hdfc Bank Limited | ₹24 Cr | Satisfied | |
| 24 Jan 2019 | 100244409 | Hdfc Bank Limited | ₹50 Cr | Satisfied | |
| 14 Mar 2017 | 100086763 | Others | ₹9.25 Cr | Satisfied | |
| 23 Sep 2016 | 100054579 | State Bank of India | ₹1.35 Cr | Satisfied | |
| 30 Mar 2016 | 100019255 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Naini Tissues Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Naini Tissues Limited has 4 court cases on record: 3 filed by Naini Tissues, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed by the company against Mechano Paper Machines Ltd. | Disposed |
| District court, Meerut, Uttar Pradesh | Court case (M V Act) | Filed against the company by State of Up | Disposed |
| District court, Udham Singh Nagar, Uttarakhand | Criminal case | Filed by the company against M/S Shri Sai Enterprises | Disposed |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed by the company against State of Uttarakhand | Disposed |
To see the full case history of Naini Tissues 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 Naini Tissues Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Naini Tissues Limited has a workforce of 283 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Naini Tissues has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AABCN8191R1ZR | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Naini Tissues Limited, buy the company report.
Recent activity
Naini Tissues Limited has 17 board changes on record since 2002: 8 appointments and 9 cessations. The latest: Pradeep Kumar Agarwal ceased to be Director on 06 Dec 2020.
27 earlier events are in the company report.
Frequently asked questions
Naini Tissues has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Naini Tissues was a public limited company based in Udham Singh Nagar, Uttarakhand, India. The company worked in paper and packaging products, within the manufacturing industry. It was incorporated on 20 November 2002 and is registered under CIN U21011UR2002PLC027071. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Naini Tissues was incorporated on 20 November 2002. It is registered with the Registrar of Companies, Uttarakhand.
Naini Tissues had 8 directors:
- Pawan Agarwal - Managing Director
- Rahul Agarwal - Whole-Time Director
- Gaurav Agarwal - Whole-Time Director
- Sumod Kumar Agarwal - Whole-Time Director
- Prachi Agarwal - Whole-Time Director
- Pramod Kumar Agarwal - Director
- Pradeep Kumar Agarwal - Director
- Naveen Agarwal - Director
The CIN (Corporate Identification Number) of Naini Tissues is U21011UR2002PLC027071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Naini Tissues is at Station Road Opposite Radhey Shyam Building Kashipur, Udham Singh Nagar, Uttarakhand, India – 244713.
Naini Tissues can be reached through the website nainigroup.com. Its registered office is in Udham Singh Nagar, Uttarakhand, India.
The latest financial statements of Naini Tissues on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 11 November 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Naini Tissues is 05AABCN8191R1ZR, registered in Uttarakhand.
Naini Tissues operated in the manufacturing industry, in the paper and packaging products segment.
The peers of Naini Tissues by revenue are Om Sree Papertek Private Limited, Venkraft Paper Mills Private Limited, Origami Cellulo Private Limited, Ivax Paper Chemicals Private Limited, Hariom Industries Limited and 4 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).