- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0000017

About Narmada Extrusions Limited
Data last updated:
Narmada Extrusions Limited is a public limited company based in Dhar, Madhya Pradesh, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 14 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP1984PLC002532. Its GSTIN is 23AAACN5983C1ZN (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.7 Cr. It was formerly known as Narmada Extrusions Private Limited. It is led by directors including Pravin O Mittal (Managing Director) and Pranav Mittal.
Its last annual general meeting (AGM) was held on 09 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.71 Industrial Area No.1 Pithampur, Dhar, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.62 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹83.8 Cr (net margin -406.4%) and EBITDA of -₹76.86 Cr (EBITDA margin -372.8%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 30% over five years.
The company has about 250 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹108.61 Cr and satisfied charges of ₹124.81 Cr on record. Court records list 40 cases involving the company, including 12 filed by the company and 28 filed against it; 16 cases are pending.
Narmada Extrusions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0000017). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nelbags.com.
Company details
CIN history
Narmada Extrusions has one previous CIN (Corporate Identification Number): L25202MP1984PLC002532. The current CIN is U25202MP1984PLC002532, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25202MP1984PLC002532 | Current |
| L25202MP1984PLC002532 | Previous |
Recognitions & Rankings of Narmada Extrusions
Contact details
Narmada Extrusions Limited's registered office is in Dhar, Madhya Pradesh. Its website is nelbags.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.71 Industrial Area No.1 Pithampur, Dhar, Madhya Pradesh, India – 452001
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Narmada Extrusions 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 Narmada Extrusions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Narmada Extrusions Limited, buy the company report.
Financials of Narmada Extrusions Limited
FY 2024 filings availableNarmada Extrusions Limited reported revenue of ₹20.62 Cr (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 80% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹76.86 Cr | ||||
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| Net Profit (PAT) | -₹83.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -372.8% | ||||
| Net Profit Margin | -406.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Narmada Extrusions Limited, buy the company report.
Board of directors of Narmada Extrusions Limited
Narmada Extrusions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Mittal | Director | 08 Jun 2015 | 11 Years 4 Months | Current |
| Pravin O Mittal | Managing Director | 14 Aug 1984 | 42 Years 2 Months | Current |
| Shreya Saraf Also directs: Beryl Drugs Limited, Boyd Thermal Systems India Private Limited | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Neha Sharma | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Narmada Extrusions Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nimai Trades Private Limited | ₹20.95 Cr (FY 2024) | -40.0% | Pithampur, Madhya Pradesh, India | |||
| Galaxy Packing Industry Private Limited | ₹20.76 Cr (FY 2024) | -12.0% | Avinashi, Tamil Nadu, India | |||
| Narmada Extrusions Limitedthis company | ₹20.62 Cr (FY 2025) | -₹83.8 Cr | -406.4% | -80.0% | 250 | Dhar, Madhya Pradesh, India |
| Narayani Hitechpack Private Limited | ₹20.48 Cr (FY 2024) | -26.0% | Nagpur, Maharashtra, India | |||
| Sri Pavitra Pack Private Limited | ₹20.44 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| Radha Govinda Poly Textile Private Limited | ₹20.3 Cr (FY 2025) | 36.0% | Gajol, West Bengal, India | |||
| Kaypee Polymers Private Limited | ₹20.1 Cr (FY 2020) | Gandhinagar, Gujarat, India | ||||
| Ges Polymers Private Limited | ₹20.09 Cr (FY 2024) | -10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Narmada Extrusions Limited, buy the company report.
Auditor
Narmada Extrusions Limited is audited by Gupta Sajankar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Sajankar & Associates | FY 2023 | 028289C |
Shareholding
The shareholding of Narmada Extrusions 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 Narmada Extrusions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2023 | 100772108 | Others | ₹5.1 Cr | Open | |
| 04 Jun 2022 | 100592680 | Others | ₹98.61 Cr | Open | |
| 11 Oct 2021 | 100490757 | Others | ₹1.95 Cr | Open | |
| 29 Mar 2021 | 100438763 | Others | ₹55 Lakh | Open | |
| 17 Dec 2019 | 100311853 | Tata Capital Financial Services Limited | ₹2.4 Cr | Open |
To see the full charge records of Narmada Extrusions Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Narmada Extrusions Limited has 40 court cases on record: 12 filed by Narmada Extrusions, 28 filed against it. 16 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 22 | 15 |
| High courts | 15 | 6 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (UN CIV) | Filed against the company by V Trans (India) Limited Through Rammani Tiwari | Pending |
| District court, Valsad, Gujarat | Commercial matter | Filed against the company by Seven -11 Industries Pvt Ltd Through Mr. Dhaval Arvindbhai Shah | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Gail (India) Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Limited | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by Icici Bank Ltd. | Pending |
To see the full case history of Narmada Extrusions 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
Narmada Extrusions Limited was last rated by Care on 09 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Aug 2021 |
To see the full credit ratings and regulatory alerts of Narmada Extrusions Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Narmada Extrusions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Narmada Extrusions Limited has a workforce of 250 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Narmada Extrusions has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACN5983C1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAACN5983C2ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narmada Extrusions Limited, buy the company report.
Recent activity
Narmada Extrusions Limited has 18 board changes on record since 1984: 11 appointments and 7 cessations. The latest: Prem Prakash Mittal ceased to be Director on 30 Jul 2021.
48 earlier events are in the company report.
Frequently asked questions
Narmada Extrusions is an active public limited company based in Dhar, Madhya Pradesh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 14 August 1984 (42+ years old) and is registered under CIN U25202MP1984PLC002532.
Narmada Extrusions has 4 current directors:
- Pravin O Mittal - Managing Director
- Pranav Mittal - Director
- Shreya Saraf - Director
- Neha Sharma - Director
The latest financial statements of Narmada Extrusions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 09 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Narmada Extrusions is 23AAACN5983C1ZN, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAACN5983C2ZM (Madhya Pradesh).
The CIN (Corporate Identification Number) of Narmada Extrusions is U25202MP1984PLC002532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narmada Extrusions has 40 court cases on record: 12 filed by the company and 28 filed against it. 16 are pending. Most are in the district courts.
Narmada Extrusions was incorporated on 14 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Narmada Extrusions by revenue are Nimai Trades Private Limited, Galaxy Packing Industry Private Limited, Narayani Hitechpack Private Limited, Sri Pavitra Pack Private Limited, Radha Govinda Poly Textile Private Limited and 2 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Prem Prakash Mittal ceased to be Director on 30 Jul 2021. Neha Sharma was appointed as Director on 12 Oct 2020. Paramjeet Singh ceased to be Director on 12 Oct 2020. Narmada Extrusions has 18 board changes on record in total.
Yes, Narmada Extrusions is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0000017).
Narmada Extrusions can be reached through the website nelbags.com. Its registered office is in Dhar, Madhya Pradesh, India.