Narsing Corrugators Private Limited
About Narsing Corrugators Private Limited
Data last updated:
Narsing Corrugators Private Limited was a private limited company based in Ujjain, Madhya Pradesh, 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 segment of the packaging sector. It was incorporated on 18 July 1996.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U29101MP1996PTC011024. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹18.69 Lakh. It was led by directors Amit Jhanwar and Rammohan Jhanwar.
Its last annual general meeting (AGM) was held on 26 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Plot No. 69 Dindustrial Area Maxi Road, Ujjain, Madhya Pradesh, India – 456010.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.72 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹6,439 (net margin -2.4%) and EBITDA of -₹6,318 (EBITDA margin -2.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 55% over five years.
As per MCA filings, the company had satisfied charges of ₹17.2 Cr on record.
Company details
Contact details
Narsing Corrugators Private Limited's registered office is in Ujjain, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 69 Dindustrial Area Maxi Road, Ujjain, Madhya Pradesh, India – 456010
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Narsing Corrugators 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
Business activity
The main business activity of Narsing Corrugators 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 |
Financials of Narsing Corrugators Private Limited
FY 2022 filings availableNarsing Corrugators Private Limited reported revenue of ₹2.72 Lakh (down 46% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 46% fall in the latest year. EBITDA fell 113% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.72 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6,318 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6,439 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Narsing Corrugators Private Limited, buy the company report.
Board of directors of Narsing Corrugators Private Limited
Narsing Corrugators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jhanwar | Director | 15 Mar 2004 | 22 Years 7 Months | As last reported |
| Rammohan Jhanwar Also directs: Shrivats Foods Private Limited, Shriniwas Polyfabrics and Packwell Private Limited, Etiam Emedia Limited and 2 more | Director | 15 Mar 2004 | 22 Years 7 Months | As last reported |
Peer comparison
Narsing Corrugators Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated 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 |
|---|---|---|---|---|---|---|
| Pal Binding Private Limited | ₹2.92 Lakh (FY 2019) | -60.0% | Ahmedabad, Gujarat, India | |||
| Bisht Paperworks Private Limited | ₹2.8 Lakh (FY 2021) | 43.0% | Kaladugi, Uttarakhand, India | |||
| Narsing Corrugators Private Limitedthis company | ₹2.72 Lakh (FY 2022) | -₹6,439 | -2.4% | -46.0% | Ujjain, Madhya Pradesh, India | |
| Shree Shakti Paperboard Mills Private Limited | ₹2.72 Lakh (FY 2021) | 125.0% | Kheda, Gujarat, India | |||
| Elite Cartons Private Limited | ₹2.7 Lakh (FY 2024) | 5.0% | Mandya, Karnataka, India | |||
| Parimala Paper and Boards Private Limited | ₹2.43 Lakh (FY 2021) | -81.0% | Mahabubnagar, Telangana, India |
To see the full peer comparison of Narsing Corrugators Private Limited, buy the company report.
Auditor
Narsing Corrugators Private Limited is audited by V.K. LADHA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. LADHA & ASSOCIATES | FY 2022 | 002301C |
Shareholding
The shareholding of Narsing Corrugators Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Narsing Corrugators Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2011 | 10271128 | Bank of Baroda | ₹16.85 Cr | Satisfied | |
| 19 Mar 2008 | 10094760 | Bank of Baroda | ₹25 Lakh | Satisfied | |
| 15 Oct 2004 | 90209715 | Oriental Bank of Commerce | ₹10 Lakh | Satisfied |
To see the full charge records of Narsing Corrugators Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Narsing Corrugators 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
No delayed payments to MSME suppliers are on our record for Narsing Corrugators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Narsing Corrugators has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Narsing Corrugators Private Limited, buy the company report.
Recent activity
Narsing Corrugators Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Amit Jhanwar was appointed as Director on 15 Mar 2004.
Frequently asked questions
Narsing Corrugators 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.
Narsing Corrugators was a private limited company based in Ujjain, Madhya Pradesh, India. The company worked in paper, within the packaging industry. It was incorporated on 18 July 1996 and is registered under CIN U29101MP1996PTC011024. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Narsing Corrugators was incorporated on 18 July 1996. It is registered with the Registrar of Companies, Gwalior.
Narsing Corrugators had 2 directors:
- Amit Jhanwar - Director
- Rammohan Jhanwar - Director
The CIN (Corporate Identification Number) of Narsing Corrugators is U29101MP1996PTC011024. 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 Narsing Corrugators is at Plot No. 69 Dindustrial Area Maxi Road, Ujjain, Madhya Pradesh, India – 456010.
The latest financial statements of Narsing Corrugators on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 September 2022. Year-wise statements from 2015 are in the company report.
No. Narsing Corrugators has 1 GST registration on record and it is cancelled or inactive.
Narsing Corrugators operated in the packaging industry, in the paper segment.
The peers of Narsing Corrugators by revenue are Pal Binding Private Limited, Bisht Paperworks Private Limited, Shree Shakti Paperboard Mills Private Limited, Elite Cartons Private Limited, Parimala Paper and Boards Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Amit Jhanwar was appointed as Director on 15 Mar 2004. Rammohan Jhanwar was appointed as Director on 15 Mar 2004.