- Category
- Small (2023-24)
- Udyam number
- UDYAM-AS-26-0000551

About Natural Panel Industries Private Limited
Data last updated:
Natural Panel Industries Private Limited is a private limited company based in Margherita, Assam, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 24 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U20101AS1982PTC001948. Its GSTIN is 18AAACW1839J1Z3 (Assam). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.26 Cr. It was formerly known as Natural Panel & Bamboo Industries Private Limited and Wudply Industries Private Limited. It is led by directors Sanjeev Kumar Choubey and Rashmi Choubey.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Makum Pathar, Margherita, Assam, India – 786181.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.67 Cr. For the same year it recorded a net profit of ₹26.18 Lakh (net margin 2.2%) and EBITDA of ₹67.35 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Natural Panel Industries. As per MCA filings, the company has open charges of ₹4.65 Cr and satisfied charges of ₹43.78 Lakh on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 1 case is pending.
Natural Panel Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-26-0000551). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naturalpanelindustries.com.
Company details
Name history
Natural Panel Industries has undergone 2 name changes throughout its history. The company was previously known as Natural Panel & Bamboo Industries Private Limited, and Wudply Industries Private Limited. The current legal name is Natural Panel Industries Private Limited.
| Company Name | Status |
|---|---|
| Natural Panel Industries Private Limited | Current |
| Natural Panel & Bamboo Industries Private Limited | Previous |
| Wudply Industries Private Limited | Previous |
Recognitions & Rankings of Natural Panel Industries
Contact details
Natural Panel Industries Private Limited's registered office is in Margherita, Assam. Its website is naturalpanelindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMakum Pathar, Margherita, Assam, India – 786181
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Natural Panel 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
Natural Panel Industries operates one associated brand: Natural Panel Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of plywood, blockboards, and related wood products in Assam. | naturalpanelindustries.com |
Business activity
The main business activity of Natural Panel 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 Natural Panel Industries Private Limited, buy the company report.
Financials of Natural Panel Industries Private Limited
FY 2025 filings availableNatural Panel Industries Private Limited reported revenue of ₹11.67 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years. EBITDA fell 23% 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 |
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| EBITDA | ₹67.35 Lakh | ||||
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| Net Profit (PAT) | ₹26.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Natural Panel Industries Private Limited, buy the company report.
Board of directors of Natural Panel Industries Private Limited
Natural Panel 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 |
|---|---|---|---|---|
| Sanjeev Kumar Choubey | Director | 23 Jul 2007 | 19 Years 3 Months | Current |
| Rashmi Choubey | Director | 23 Jul 2007 | 19 Years 3 Months | Current |
Peer comparison
Natural Panel Industries Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 |
|---|---|---|---|---|---|---|
| Shubh Ply and Veneers Private Limited | ₹11.82 Cr (FY 2020) | -38.0% | Gandhidham, Gujarat, India | |||
| Prasad Plywood Industries Private Limited | ₹11.74 Cr (FY 2025) | -25.0% | Uttar Pradesh, India | |||
| Venwoods Industries Private Limited | ₹11.69 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Natural Panel Industries Private Limitedthis company | ₹11.67 Cr (FY 2024) | ₹26.18 Lakh | 2.2% | 28 | Margherita, Assam, India | |
| Priyam Wood Udyog Private Limited | ₹11.39 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Studiokook Private Limited | ₹11.34 Cr (FY 2025) | 50.0% | Pune, Maharashtra, India | |||
| Ar Wood Industries Private Limited | ₹11.33 Cr (FY 2024) | 15.0% | Sivakasi, Tamil Nadu, India |
To see the full peer comparison of Natural Panel Industries Private Limited, buy the company report.
Auditor
Natural Panel Industries Private Limited is audited by PRATIK P JAIN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATIK P JAIN & ASSOCIATES | FY 2020 | 329439E |
Shareholding
The shareholding of Natural Panel Industries Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Natural Panel Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2011 | 10267907 | Allahabad Bank | ₹3 Cr | Open | |
| 17 Apr 2010 | 10217101 | Indian Bank | ₹1.65 Cr | Open | |
| 15 Jan 2018 | 100188733 | Others | ₹16.8 Lakh | Satisfied | |
| 25 Feb 2016 | 10626050 | Allahabad Bank | ₹7.45 Lakh | Satisfied | |
| 31 Oct 2013 | 10465695 | Allahabad Bank | ₹4 Lakh | Satisfied |
To see the full charge records of Natural Panel Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Natural Panel Industries Private Limited has 8 court cases on record: 7 filed by Natural Panel Industries, 1 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Writ petition | Filed by the company against The Union of India and 2 Ors. and 2 others | Pending |
| Supreme Court | Court case (0419-Indirect Taxes Matters : Interpretation of the Central Excise Act & the rules) | Filed by the company against Union of India Rep. by the Secretary to the Government of India Ministry of Finance, North Block , District: New Delhi , , Delhi | Disposed |
| High Court | Writ petition | Filed by the company against The State of Assam and 9 Ors. and 9 others | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against The Union of India and 2 Ors and 2 others | Disposed |
To see the full case history of Natural Panel 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Natural Panel Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Natural Panel Industries Private Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Natural Panel Industries has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAACW1839J1Z3 | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Natural Panel Industries Private Limited, buy the company report.
Recent activity
Natural Panel Industries Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Nani Gopal Paul ceased to be Director on 26 Apr 2018.
14 earlier events are in the company report.
Frequently asked questions
Natural Panel Industries is an active private limited company based in Margherita, Assam, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 24 May 1982 (44+ years old) and is registered under CIN U20101AS1982PTC001948.
Natural Panel Industries has 2 current directors:
- Sanjeev Kumar Choubey - Director
- Rashmi Choubey - Director
The latest financial statements of Natural Panel Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Natural Panel Industries is 18AAACW1839J1Z3, registered in Assam. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Natural Panel Industries is U20101AS1982PTC001948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Natural Panel Industries has 8 court cases on record: 7 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Natural Panel Industries was incorporated on 24 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Natural Panel Industries by revenue are Shubh Ply and Veneers Private Limited, Prasad Plywood Industries Private Limited, Venwoods Industries Private Limited, Priyam Wood Udyog Private Limited, Studiokook Private Limited and 1 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Nani Gopal Paul ceased to be Director on 26 Apr 2018. Madhulika Periwal ceased to be Director on 19 Jan 2015. Abhyuday Periwal ceased to be Director on 30 Sep 2011. Natural Panel Industries has 8 board changes on record in total.
Yes, Natural Panel Industries is registered as a small enterprise under Udyam registration (number: UDYAM-AS-26-0000551).
Natural Panel Industries can be reached through the website naturalpanelindustries.com. Its registered office is in Margherita, Assam, India.

