About Nefab India Private Limited
Data last updated:
Nefab India Private Limited is a private limited company based in Kelawade, Maharashtra, India, a subsidiary of Nefab Ab, Sweden. It operates in the paper segment of the packaging sector. It was incorporated on 31 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74950PN2005PTC146257. Its GSTIN is 06AACCN1599G1ZD (Haryana). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors including Ravindra Ramesh Shenoy (Managing Director) and Satish Upendra Shinde.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No.519 1/4/8 30Km Stone Near Kalubai Mandir Golden Quadrilateral Nh4 Kelawade Talu, Ka – Bhor, Maharashtra, India – 412213.
As per the financials filed for FY 2025, the company reported a revenue of ₹313.4 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹22.2 Cr (net margin 7.1%) and EBITDA of ₹31.62 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 173 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nefab. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹19.72 Cr; the latest was in May 2013. Its 3 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 1 smaller; the largest is MLJ Industries Limited with revenue of ₹322.98 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nefab.com.
Company details
CIN history
Nefab India has one previous CIN (Corporate Identification Number): U74950MH2005PTC155784. The current CIN is U74950PN2005PTC146257, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74950PN2005PTC146257 | Current |
| U74950MH2005PTC155784 | Previous |
Contact details
Nefab India Private Limited's registered office is in Kelawade, Maharashtra. Its website is nefab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No.519 1/4/8 30Km Stone Near Kalubai Mandir Golden Quadrilateral Nh4 Kelawade Talu, Ka – Bhor, Maharashtra, India – 412213
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Nefab India 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 activities of Nefab India are manufacturing and support service to organizations. In detail, this covers wood and wood products, furniture, paper and paper products and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Nefab India Private Limited, buy the company report.
Financials of Nefab India Private Limited
FY 2025 filings availableNefab India Private Limited reported revenue of ₹313.4 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 37% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.2 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 7.1% | ||||
| 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 Nefab India Private Limited, buy the company report.
Board of directors of Nefab India Private Limited
Nefab India 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 |
|---|---|---|---|---|
| Satish Upendra Shinde | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Mahendra Kumar Gupta | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Ravindra Ramesh Shenoy | Managing Director | 31 Aug 2005 | 21 Years 2 Months | Current |
| Frederic Hapiak | Director | 22 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Nefab India Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial 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 |
|---|---|---|---|---|---|---|
| MLJ Industries Limited | ₹322.98 Cr (FY 2025) | 38.0% | Delhi, India | |||
| S K Agrofood Tech Private Limited | ₹320.81 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India | |||
| Nefab India Private Limitedthis company | ₹313.4 Cr (FY 2025) | ₹22.2 Cr | 7.1% | -8.0% | 173 | Kelawade, Maharashtra, India |
| Pragati Pack (India) Private Limited | ₹294.47 Cr (FY 2025) | -12.0% | Telangana, India |
To see the full peer comparison of Nefab India Private Limited, buy the company report.
Auditor
Nefab India Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E |
Shareholding
The shareholding of Nefab India Private 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 Nefab India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100433621 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Nefab India Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹19.72 Cr; the latest was in May 2013.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Funding round | ₹14.92 Cr | Investors: an individual |
| Feb 2011 | Funding round | ₹2.48 Cr | Investors: an individual |
| Mar 2007 | Funding round | ₹2.18 Cr | Investors: an individual |
| Nov 2006 | Funding round | ₹13.9 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nefab India Private Limited has 2 court cases on record: 2 filed by Nefab India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed by the company against R.P.Raja Raajan Enterprises | Disposed |
| Madras High Court | Arbitration matter | Filed by the company against M/S.R.P.Rajarajan Enterprises | Disposed |
To see the full case history of Nefab India 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 Nefab India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nefab India Private Limited has a workforce of 173 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Nefab India has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCN1599G1ZD | Haryana | Active | 01 Jul 2017 |
| 08AACCN1599G1Z9 | Rajasthan | Active | 01 Jul 2017 |
| 24AACCN1599G1ZF | Gujarat | Active | 01 Jul 2017 |
| 27AACCN1599G1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nefab India Private Limited, buy the company report.
Recent activity
Nefab India Private Limited has 18 board changes on record since 2005: 11 appointments and 7 cessations. The latest: Frederic Hapiak was appointed as Director on 22 Dec 2022.
10 earlier events are in the company report.
News
Frequently asked questions
Nefab India is an active private limited company based in Kelawade, Maharashtra, India. The company works in paper, within the packaging industry. It was incorporated on 31 August 2005 (21+ years old) and is registered under CIN U74950PN2005PTC146257.
Nefab India has 4 current directors:
- Ravindra Ramesh Shenoy - Managing Director
- Satish Upendra Shinde - Director
- Mahendra Kumar Gupta - Director
- Frederic Hapiak - Director
The latest financial statements of Nefab India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nefab India is 06AACCN1599G1ZD, registered in Haryana. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 08AACCN1599G1Z9 (Rajasthan), 24AACCN1599G1ZF (Gujarat), 27AACCN1599G1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Nefab India is U74950PN2005PTC146257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nefab India has 2 court cases on record: 2 filed by the company.
Nefab India was incorporated on 31 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Nefab India has 4 deals on record (4 funding rounds), with disclosed funding of ₹19.72 Cr; the latest was in May 2013.
The peers of Nefab India by revenue are MLJ Industries Limited, S K Agrofood Tech Private Limited, Pragati Pack (India) Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Frederic Hapiak was appointed as Director on 22 Dec 2022. Olivier Hugues Antoine Marie De Pechpeyrou De Comm ceased to be Director on 22 Dec 2022. Satish Upendra Shinde was appointed as Director on 22 Mar 2021. Nefab India has 18 board changes on record in total.
Nefab India can be reached through the website nefab.com. Its registered office is in Kelawade, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
