About Nath Industries Limited
Data last updated: 14 July 2026
Nath Industries Limited is a public limited company based in Aurangabad, Maharashtra, India. It specialises in paper and packaging products, a part of the broader manufacturing sector. Incorporated on 09 July 1980, the company has been in operation for over 46 years.
Registered with ROC Mumbai under CIN L21010MH1980PLC022820. Listed on BSE: 502587.
Capital: an authorised share capital of ₹53.5 Cr and a paid-up capital of ₹19 Cr. Formerly known as Rama Pulp and Papers Limited and Nath Industries Limited. It is led by directors including Akash Nandkishor Kagliwal and Madhukar Dhondiraj Deshpande.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: Nath House Nath Road, Aurangabad, Maharashtra, India – 431005.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹490.69 Cr, a growth of 15.6% compared to the previous year. The net worth stands at ₹259.72 Cr (up 2.44% YoY). Total assets are valued at ₹460.55 Cr (up 2.04% YoY).
The company has a workforce of approximately 313 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹205.83 Cr and satisfied charges of ₹130.47 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nathindustries.com.
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Registered AddressNath House Nath Road, Aurangabad, Maharashtra, India – 431005
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IndustryManufacturing, Paper & Packaging Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Nath Industries Limited
Nath Industries Limited has undergone 3 name changes throughout its history. The company was previously known as Rama Pulp And Papers Limited, Nath Industries Limited, and Nath Udyog Limited. The current legal name is Nath Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Nath Industries Limited | Current |
| Rama Pulp And Papers Limited | Previous |
| Nath Udyog Limited | Previous |
CIN History of Nath Industries Limited
Nath Industries Limited has one previous CIN (Corporate Identification Number): U21010MH1980PTC022820. The current CIN is L21010MH1980PLC022820, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21010MH1980PLC022820 | Current |
| U21010MH1980PTC022820 | Previous |
Business Activity of Nath Industries Limited
Nath Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including wood and wood products, furniture, paper and paper products, chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Nath Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Nath Industries Limited
Nath Industries Limited is audited by N R AGRAWAL & CO (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| N R AGRAWAL & CO (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nath Industries Limited
Nath Industries Limited is currently managed by 6 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Nandkishor Kagliwal | Managing Director | 14 Nov 2022 | 3 Years 9 Months | Current |
|
Madhukar Dhondiraj Deshpande
Also directs:
Nath Bio-Genes (India) Limited, Cropflora Genetics Private Limited
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Director | 30 May 2022 | 4 Years 2 Months | Current |
|
Nupur Lodwal
Also directs:
Balaji Phosphates Limited
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Director | 31 Aug 2023 | 2 Years 11 Months | Current |
| Kashinath Ganapaty Iyer | Director | 21 Mar 2020 | 6 Years 5 Months | Current |
| Abhaykumar Hukamchand Jain | Director | 10 Aug 2018 | 8 Years 0 Months | Current |
| Hitesh Rajnikant Purohit | Director | 31 Mar 2022 | 4 Years 4 Months | Current |
Financials of Nath Industries Limited FY 2026 filings available
Nath Industries Limited reported revenue of ₹490.69 Cr (up 15.6% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹490.69 Cr | ₹424.47 Cr | ₹320.95 Cr | ₹408.21 Cr | ₹421.33 Cr | ₹291.7 Cr | ₹299.21 Cr | ₹137.29 Cr |
| Other Income | ₹4.18 Cr | ₹8.07 Cr | ₹4.27 Cr | ₹5.92 Cr | ₹1.85 Cr | ₹1.69 Cr | ₹1.87 Cr | ₹32.03 Lakh |
| Total Income | ₹494.87 Cr | ₹432.55 Cr | ₹325.22 Cr | ₹414.12 Cr | ₹423.18 Cr | ₹293.4 Cr | ₹301.07 Cr | ₹137.61 Cr |
| Cost of Materials Consumed | ₹341.62 Cr | ₹279.52 Cr | ₹197.12 Cr | ₹274.44 Cr | ₹280.59 Cr | ₹169.88 Cr | ₹172.88 Cr | ₹67.55 Cr |
| Purchases of Stock-in-Trade | ₹36.33 Lakh | ₹96.65 Lakh | ₹4.92 Lakh | ₹4.94 Cr | ₹4.09 Cr | ₹44.37 Lakh | ₹58.23 Lakh | ₹24.51 Cr |
| Changes in Inventories | -₹5.62 Cr | ₹3.49 Cr | -₹1.3 Cr | ₹6.98 Lakh | -₹7.06 Cr | ₹1.85 Cr | ₹10.58 Lakh | -₹17.43 Lakh |
| Employee Benefit Expense | ₹22.55 Cr | ₹21.57 Cr | ₹21.92 Cr | ₹20.56 Cr | ₹19.09 Cr | ₹16.84 Cr | ₹19.23 Cr | ₹5.21 Cr |
| Finance Costs | ₹10.53 Cr | ₹12.14 Cr | ₹9.18 Cr | ₹5.01 Cr | ₹4.43 Cr | ₹3.13 Cr | ₹4.43 Cr | ₹1.97 Cr |
| Depreciation & Amortisation | ₹9.34 Cr | ₹9.55 Cr | ₹6.97 Cr | ₹7.13 Cr | ₹6.74 Cr | ₹6.43 Cr | ₹6.13 Cr | ₹2.52 Cr |
| Other Expenses | ₹106.74 Cr | ₹92.32 Cr | ₹90.52 Cr | ₹101.75 Cr | ₹99.01 Cr | ₹73.18 Cr | ₹78.98 Cr | ₹31.7 Cr |
| Total Expenses | ₹485.52 Cr | ₹419.56 Cr | ₹324.46 Cr | ₹413.9 Cr | ₹406.89 Cr | ₹271.75 Cr | ₹282.34 Cr | ₹133.28 Cr |
| Profit Before Exceptional Items & Tax | ₹9.34 Cr | ₹12.98 Cr | ₹76.6 Lakh | ₹22.39 Lakh | ₹16.29 Cr | ₹21.65 Cr | ₹18.74 Cr | ₹4.33 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹9.34 Cr | ₹12.98 Cr | ₹76.6 Lakh | ₹22.39 Lakh | ₹16.29 Cr | ₹21.65 Cr | ₹18.74 Cr | ₹4.33 Cr |
| Total Tax Expense | ₹2.67 Cr | ₹3.24 Cr | ₹27.18 Lakh | -₹2.45 Cr | -₹35.86 Lakh | ₹6.41 Cr | ₹52.37 Lakh | ₹1.21 Cr |
| Net Profit | ₹6.68 Cr | ₹9.74 Cr | ₹49.42 Lakh | ₹2.67 Cr | ₹16.65 Cr | ₹15.24 Cr | ₹18.21 Cr | ₹3.78 Cr |
| Other Comprehensive Income | -₹49.36 Lakh | -₹1.45 Cr | ₹1.57 Cr | -₹3.84 Cr | -₹1.8 Cr | ₹79.12 Lakh | -₹3.64 Cr | ₹60.02 Lakh |
| Total Comprehensive Income | ₹6.18 Cr | ₹8.28 Cr | ₹2.06 Cr | -₹1.16 Cr | ₹14.85 Cr | ₹16.03 Cr | ₹14.57 Cr | ₹4.38 Cr |
| EBITDA (computed) | ₹29.21 Cr | ₹34.67 Cr | ₹16.92 Cr | ₹12.37 Cr | ₹27.46 Cr | ₹31.2 Cr | ₹29.3 Cr | ₹8.81 Cr |
| Basic EPS | ₹3.51 | ₹5.12 | ₹0.26 | ₹1.41 | ₹8.76 | ₹8.02 | ₹9.59 | ₹3.44 |
| Diluted EPS | ₹3.51 | ₹5.12 | ₹0.26 | ₹1.41 | ₹8.76 | ₹8.02 | ₹9.59 | ₹3.44 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹460.55 Cr | ₹451.36 Cr | ₹451.47 Cr | ₹432.49 Cr | ₹392.42 Cr | ₹357.41 Cr | ₹344.6 Cr | ₹117.38 Cr |
| Non-current Assets | ₹313.22 Cr | ₹311.34 Cr | ₹316.79 Cr | ₹296.16 Cr | ₹259.93 Cr | ₹246.24 Cr | ₹252.75 Cr | ₹85.76 Cr |
| Current Assets | ₹147.34 Cr | ₹140.02 Cr | ₹134.68 Cr | ₹136.33 Cr | ₹132.49 Cr | ₹111.17 Cr | ₹91.85 Cr | ₹31.63 Cr |
| Property, Plant & Equipment | ₹279.03 Cr | ₹280.53 Cr | ₹288.52 Cr | ₹205.32 Cr | ₹206.49 Cr | ₹202.26 Cr | ₹205.18 Cr | ₹53.58 Cr |
| Inventories | ₹45.89 Cr | ₹38.69 Cr | ₹45.95 Cr | ₹47.48 Cr | ₹41.61 Cr | ₹34.66 Cr | ₹29.79 Cr | ₹10.85 Cr |
| Trade Receivables | ₹62.3 Cr | ₹70.52 Cr | ₹49.82 Cr | ₹55.18 Cr | ₹63.49 Cr | ₹54.17 Cr | ₹45.13 Cr | ₹19.97 Cr |
| Cash & Equivalents | ₹8.56 Cr | ₹12.66 Lakh | ₹6.28 Cr | ₹14.47 Lakh | ₹65.19 Lakh | ₹9.41 Cr | ₹2.5 Cr | ₹3.62 Lakh |
| Equity (Net Worth) | ₹259.72 Cr | ₹253.54 Cr | ₹245.25 Cr | ₹243.19 Cr | ₹244.36 Cr | ₹229.51 Cr | ₹213.49 Cr | ₹80.68 Cr |
| Equity Share Capital | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹11 Cr |
| Borrowings (Non-current) | ₹12.9 Cr | ₹24.27 Cr | ₹32.75 Cr | ₹32.84 Cr | ₹18.98 Cr | ₹3.73 Cr | ₹4.4 Cr | ₹0 |
| Borrowings (Current) | ₹80.11 Cr | ₹69.74 Cr | ₹73.13 Cr | ₹57.52 Cr | ₹26.93 Cr | ₹13.3 Cr | ₹23.27 Cr | ₹0 |
| Total Debt (computed) | ₹93.01 Cr | ₹94.01 Cr | ₹105.88 Cr | ₹90.36 Cr | ₹45.9 Cr | ₹17.03 Cr | ₹27.67 Cr | ₹0 |
| Current Liabilities | ₹120.55 Cr | ₹108.42 Cr | ₹110.84 Cr | ₹97.67 Cr | ₹67.97 Cr | ₹61.03 Cr | ₹62.61 Cr | ₹26.05 Cr |
| Total Liabilities | ₹200.83 Cr | ₹197.82 Cr | ₹206.22 Cr | ₹189.3 Cr | ₹148.06 Cr | ₹127.89 Cr | ₹131.12 Cr | ₹36.71 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹29.42 Cr | ₹13.95 Cr | ₹30.02 Cr | ₹13.28 Cr | ₹10.29 Cr |
| Investing Cash Flow | -₹9.45 Cr | ₹3.91 Cr | -₹30.22 Cr | -₹53.55 Cr | -₹33.41 Cr |
| Financing Cash Flow | -₹11.53 Cr | -₹24.02 Cr | ₹6.34 Cr | ₹39.76 Cr | ₹21.18 Cr |
| Capital Expenditure | ₹8.94 Cr | ₹1.56 Cr | ₹29.21 Cr | ₹54.87 Cr | ₹14.55 Cr |
| Free Cash Flow (computed) | ₹20.49 Cr | ₹12.39 Cr | ₹80.91 Lakh | -₹41.59 Cr | -₹4.27 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹8.44 Cr | -₹6.15 Cr | ₹6.14 Cr | -₹50.72 Lakh | -₹1.94 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹129.59 Cr | ₹116.77 Cr | ₹127.06 Cr | ₹117.26 Cr | ₹126.11 Cr | ₹114.44 Cr | ₹96.31 Cr | ₹87.61 Cr |
| Other Income | ₹1.45 Cr | ₹2.73 Cr | ₹2.68 Cr | ₹98.58 Lakh | ₹3.92 Cr | ₹2.15 Cr | ₹1.32 Cr | ₹67.57 Lakh |
| Total Income | ₹131.03 Cr | ₹119.51 Cr | ₹129.75 Cr | ₹118.25 Cr | ₹130.03 Cr | ₹116.59 Cr | ₹97.63 Cr | ₹88.29 Cr |
| Cost of Materials Consumed | ₹91.62 Cr | ₹87.95 Cr | ₹90.44 Cr | ₹75.28 Cr | ₹81.97 Cr | ₹78.67 Cr | ₹60.23 Cr | ₹58.65 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹9,000 | ₹36.24 Lakh | ₹0 | ₹96.65 Lakh | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹20.91 Lakh | -₹4.86 Cr | -₹2.27 Cr | ₹1.3 Cr | ₹2.17 Cr | -₹1.43 Cr | ₹3.83 Cr | -₹1.09 Cr |
| Employee Benefit Expense | ₹3.86 Cr | ₹6.38 Cr | ₹6.39 Cr | ₹5.92 Cr | ₹4.28 Cr | ₹6.01 Cr | ₹5.73 Cr | ₹5.55 Cr |
| Finance Costs | ₹2.38 Cr | ₹2.63 Cr | ₹2.57 Cr | ₹2.95 Cr | ₹2.73 Cr | ₹3.23 Cr | ₹3.04 Cr | ₹3.14 Cr |
| Depreciation & Amortisation | ₹2 Cr | ₹2.45 Cr | ₹2.44 Cr | ₹2.44 Cr | ₹2.44 Cr | ₹2.33 Cr | ₹2.52 Cr | ₹2.27 Cr |
| Other Expenses | ₹30.38 Cr | ₹24.39 Cr | ₹25.4 Cr | ₹26.57 Cr | ₹28.46 Cr | ₹22.77 Cr | ₹21.68 Cr | ₹19.41 Cr |
| Total Expenses | ₹130.46 Cr | ₹118.94 Cr | ₹125.33 Cr | ₹114.45 Cr | ₹123.03 Cr | ₹111.58 Cr | ₹97.04 Cr | ₹87.92 Cr |
| Profit Before Exceptional Items & Tax | ₹57.4 Lakh | ₹56.17 Lakh | ₹4.41 Cr | ₹3.79 Cr | ₹7.01 Cr | ₹5.01 Cr | ₹59.51 Lakh | ₹36.77 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹57.4 Lakh | ₹56.17 Lakh | ₹4.41 Cr | ₹3.79 Cr | ₹7.01 Cr | ₹5.01 Cr | ₹59.51 Lakh | ₹36.77 Lakh |
| Total Tax Expense | ₹2.65 Cr | ₹0 | ₹1.64 Lakh | ₹0 | ₹3.24 Cr | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹2.08 Cr | ₹56.17 Lakh | ₹4.4 Cr | ₹3.79 Cr | ₹3.76 Cr | ₹5.01 Cr | ₹59.51 Lakh | ₹36.77 Lakh |
| Other Comprehensive Income | -₹99.9 Lakh | -₹49.21 Lakh | -₹2.27 Cr | ₹3.27 Cr | -₹2.22 Cr | -₹1.23 Cr | -₹3.73 Lakh | ₹2.03 Cr |
| Total Comprehensive Income | -₹3.07 Cr | ₹6.96 Lakh | ₹2.13 Cr | ₹7.06 Cr | ₹1.54 Cr | ₹3.79 Cr | ₹55.78 Lakh | ₹2.4 Cr |
| EBITDA (computed) | ₹4.96 Cr | ₹5.65 Cr | ₹9.43 Cr | ₹9.18 Cr | ₹12.17 Cr | ₹10.57 Cr | ₹6.16 Cr | ₹5.77 Cr |
| Basic EPS | ₹-1.09 | ₹0.30 | ₹2.31 | ₹2.00 | ₹1.98 | ₹2.64 | ₹0.31 | ₹0.19 |
| Diluted EPS | ₹-1.09 | ₹0.30 | ₹2.31 | ₹2.00 | ₹1.98 | ₹2.64 | ₹0.31 | ₹0.19 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Sale of Paper | ₹71.86 Cr | ₹2.46 Cr | ₹298.6 Cr | ₹157.56 Cr |
| Sale of Chemical | ₹57.37 Cr | ₹50.18 Lakh | ₹161.95 Cr | ₹43.27 Cr |
| Trading Activity | ₹36.28 Lakh | -₹5,000 | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Sale of Paper | ₹296.16 Cr | ₹16.59 Cr | - | - |
| Sale of Chemical | ₹194.17 Cr | ₹3.29 Cr | - | - |
| Trading Activity | ₹36.28 Lakh | -₹5,000 | - | - |
Shareholding Pattern of Nath Industries Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 73.71%, domestic institutional investors hold 0.21%, retail and other public shareholders hold 26.08% of Nath Industries Limited. The company had 27,729 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 73.71% | 73.71% | 73.71% | 73.71% | 73.71% | 73.71% |
| Public | 26.29% | 26.29% | 26.29% | 26.29% | 26.29% | 26.29% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 73.71% | 73.71% | 73.71% |
| Public | 26.29% | 26.29% | 26.29% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Nath Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2026 | Axis Bank Limited | ₹27 Lakh | Open |
| 01 Apr 2026 | Others | ₹10 Cr | Open |
| 12 Feb 2026 | Axis Bank Limited | ₹24.75 Cr | Open |
| 19 Jun 2025 | Others | ₹81.5 Lakh | Open |
| 12 Dec 2023 | Hdfc Bank Limited | ₹20.65 Lakh | Open |
Total charge records: 70 View all charges
Employees and EPFO Compliance at Nath Industries Limited
Nath Industries Limited has a workforce of 313 employees as of Apr 05, 2024.
Employee and EPFO history for Nath Industries Limited
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GST Compliance of Nath Industries Limited
GST registrations and filing compliance for Nath Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nath Industries Limited
Credit ratings, litigation, and regulatory alerts for Nath Industries Limited
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MSME Payment Delays by Nath Industries Limited
MSME payment history for Nath Industries Limited
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Subsidiaries & Group Companies of Nath Industries Limited
Corporate group structure for Nath Industries Limited
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MCA Filings & Documents of Nath Industries Limited
MCA filings and documents for Nath Industries Limited
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Recent Activity on Nath Industries Limited
Frequently Asked Questions about Nath Industries Limited
Nath Industries Limited is an active public limited company in the manufacturing sector based in Aurangabad, Maharashtra, India. It was incorporated on 09 July 1980 (46+ years old) and is registered under CIN L21010MH1980PLC022820. Listed on BSE: 502587. The company has 313 employees.
Nath Industries Limited reported revenue of ₹490.69 Cr for FY 2026 (up 15.6% YoY) based on standalone BSE filings.
The current directors of Nath Industries Limited are:
- Akash Nandkishor Kagliwal - Managing Director
- Madhukar Dhondiraj Deshpande - Director
- Nupur Lodwal - Director
- Kashinath Ganapaty Iyer - Director
- Abhaykumar Hukamchand Jain - Director
- Hitesh Rajnikant Purohit - Director
The primary industry of Nath Industries Limited is manufacturing. The company specifically operates in paper and packaging products. The company is currently active in this sector.
Yes. Nath Industries Limited is listed on BSE with code 502587.
Nath Industries Limited can be reached at the registered office: Nath House Nath Road, Aurangabad, Maharashtra, India – 431005, or through the website nathindustries.com.