MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0009158
Neptune Laminates Private Limited - manufacturing in Padavla, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.91 Cr
▼ 7% YoY
Net profit · FY 2025
₹99.95 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹5.16 Cr
EBITDA margin 9.8%
Authorised capital
₹3.6 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Open charges
₹20.78 Cr
Satisfied ₹13.24 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
6
Provident fund records
About Neptune Laminates Private Limited
Data last updated:
Neptune Laminates Private Limited is a private limited company based in Padavla, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 19 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26101GJ2013PTC076095. Its GSTIN is 24AAECN5223F1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.6 Cr. It was formerly known as Neptune Lamination Private Limited. It is led by directors including Elvishkumar Virendrakumar Limbani (Managing Director) and Bhavik A Rabara.
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 S.No.119 – 2 Veraval – Padavla Main Road, Gujarat, India – 360024.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.91 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹99.95 Lakh (net margin 1.9%) and EBITDA of ₹5.16 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neptunelaminates. As per MCA filings, the company has open charges of ₹20.78 Cr and satisfied charges of ₹13.24 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
Neptune Laminates Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0009158). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neptunelaminates.com.
Company details
CIN U26101GJ2013PTC076095
Registration Number 076095
Incorporation Date 19 July 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0009158
Key People
Elvishkumar Virendrakumar Limbani Managing Director Bhavik A Rabara Director Mohitbhai Govindbhai Rathod Director Recognitions & Rankings of Neptune Laminates
Contact details
Neptune Laminates Private Limited's registered office is in Padavla, Gujarat. Its website is neptunelaminates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.119 – 2 Veraval – Padavla Main Road, Gujarat, India – 360024
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Neptune Laminates Private Limited, buy the company report.
Comprehensive company report
Neptune Laminates Private Limited - one report that includes everything
- 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
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Brands
Neptune Laminates operates one associated brand: Neptunelaminates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides decorative laminates in various finishes for home and design applications. | neptunelaminates.com |
Business activity
The main business activity of Neptune Laminates 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 Neptune Laminates Private Limited, buy the company report.
Financials of Neptune Laminates Private Limited
FY 2025 filings availableNeptune Laminates Private Limited reported revenue of ₹52.91 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹52.91 Cr ▼ 7%
Net profit · FY 2025
₹99.95 Lakh margin 1.9%
EBITDA · FY 2025
₹5.16 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 3%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 16%
5 years · compounded
▲ 18%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 18% 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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| Total Expenses | |||||
| EBITDA | ₹5.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹99.95 Lakh | ||||
| Balance Sheet | |||||
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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 | 9.8% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Neptune Laminates Private Limited, buy the company report.
Board of directors of Neptune Laminates Private Limited
Neptune Laminates has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik A Rabara | Director | 26 Apr 2019 | 7 Years 6 Months | Current |
| Mohitbhai Govindbhai Rathod | Director | 26 Apr 2019 | 7 Years 6 Months | Current |
| Elvishkumar Virendrakumar Limbani | Managing Director | 19 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Neptune Laminates Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Black Cobra Lam Private Limited | ₹54.86 Cr (FY 2024) | 169.0% | Yamuna Nagar, Haryana, India | |||
| Archidply Decor Limited | ₹53.72 Cr (FY 2025) | 11.0% | Chintamani, Karnataka, India | |||
| Neelachal Organisation Pvt Ltd | ₹53.02 Cr (FY 2024) | 109.0% | Kolkata, West Bengal, India | |||
| Neptune Laminates Private Limitedthis company | ₹52.91 Cr (FY 2025) | ₹99.95 Lakh | 1.9% | -7.0% | 6 | Padavla, Gujarat, India |
| Gujarat State Forest Development Corporation Limited | ₹52.85 Cr (FY 2025) | 10.0% | Vadodara, Gujarat, India | |||
| Saraf Lumbers Private Limited | ₹52.48 Cr (FY 2025) | 26.0% | Jaipur, Rajasthan, India | |||
| Handa Plywood Private Limited | ₹52.33 Cr (FY 2025) | -6.0% | Punjab, India | |||
| Agarwal and Associates Impex Private Limited | ₹52.26 Cr (FY 2025) | 2.0% | Noida, Uttar Pradesh, India | |||
| Ehsan Agro Wood Products Private Limited | ₹52.19 Cr (FY 2024) | 15.0% | Gorakhpur, Uttar Pradesh, India |
To see the full peer comparison of Neptune Laminates Private Limited, buy the company report.
Auditor
Neptune Laminates Private Limited is audited by K A R M A & CO. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A R M A & CO. LLP | FY 2024 | 0127544W/W100376 |
Shareholding
The shareholding of Neptune Laminates Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neptune Laminates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.78 Cr
Satisfied charges
₹13.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2023 | 100696849 | Sidbi | ₹1.71 Cr | Open | |
| 03 Feb 2022 | 100539779 | Others | ₹1.44 Cr | Open | |
| 10 Aug 2021 | 100474817 | Others | ₹10.11 Cr | Open | |
| 21 Jan 2021 | 100413047 | Others | ₹7.51 Cr | Open | |
| 07 Apr 2017 | 100091415 | Others | ₹6.84 Cr | Satisfied |
To see the full charge records of Neptune Laminates Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Neptune Laminates Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by M/S Sanwaliya Inpex LLP. Mr. Akash Agrawal | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by M/S Sanwaliya Inpex LLP. Mr. Akash Agrawal | Disposed |
To see the full case history of Neptune Laminates 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.
Credit ratings & regulatory alerts
Neptune Laminates Private Limited was last rated by Crisil on 21 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Apr 2020 |
To see the full credit ratings and regulatory alerts of Neptune Laminates Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neptune Laminates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neptune Laminates Private Limited has a workforce of 6 employees on its EPFO records as of Jan 10, 2026, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Neptune Laminates has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN5223F1ZU | Gujarat | Active | 01 Jul 2017 |
| 24AAECN5223F1D3 | Gujarat | Active | 11 Nov 2024 |
To see the full GST registrations and return filing status of Neptune Laminates Private Limited, buy the company report.
Recent activity
Neptune Laminates Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Narendrakumar Nathalal Limbani ceased to be Director on 06 Mar 2021.
AGM
Neptune Laminates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neptune Laminates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 10.11 Cr registered on 10 Aug 2021 with Charge ID 100474817 was modified on 16 Oct 2023.
Charges
A charge with Sidbi amounted to Rs. 1.71 Cr with Charge ID 100696849 was registered on 16 Mar 2023.
Charges
A charge with Others of Rs. 1.44 Cr registered on 03 Feb 2022 with Charge ID 100539779 was modified on 04 Feb 2022.
Charges
A charge with Others amounted to Rs. 1.44 Cr with Charge ID 100539779 was registered on 03 Feb 2022.
Charges
A charge registered on 07 Apr 2017 via Charge ID 100091415 with Others was fully satisfied on 17 Dec 2021.
Charges
A charge with Others amounted to Rs. 10.11 Cr with Charge ID 100474817 was registered on 10 Aug 2021.
Charges
A charge with Others of Rs. 7.51 Cr registered on 21 Jan 2021 with Charge ID 100413047 was modified on 16 Apr 2021.
Ceased
Narendrakumar Nathalal Limbani ceased to be Director.
Ceased
Nirav Jayantilal Dholaria ceased to be Director.
Charges
A charge with Others amounted to Rs. 7.51 Cr with Charge ID 100413047 was registered on 21 Jan 2021.
13 earlier events are in the company report.
Frequently asked questions
Neptune Laminates is an active private limited company based in Padavla, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 19 July 2013 (13+ years old) and is registered under CIN U26101GJ2013PTC076095.
Neptune Laminates has 3 current directors:
- Elvishkumar Virendrakumar Limbani - Managing Director
- Bhavik A Rabara - Director
- Mohitbhai Govindbhai Rathod - Director
The latest financial statements of Neptune Laminates 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 Neptune Laminates is 24AAECN5223F1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECN5223F1D3 (Gujarat).
The CIN (Corporate Identification Number) of Neptune Laminates is U26101GJ2013PTC076095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Laminates has 6 court cases on record: 6 filed against it.
Neptune Laminates was incorporated on 19 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neptune Laminates by revenue are Black Cobra Lam Private Limited, Archidply Decor Limited, Neelachal Organisation Pvt Ltd, Gujarat State Forest Development Corporation Limited, Saraf Lumbers Private Limited and 3 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).
Narendrakumar Nathalal Limbani ceased to be Director on 06 Mar 2021. Nirav Jayantilal Dholaria ceased to be Director on 06 Mar 2021. Bhavik A Rabara ceased to be Director on 16 Jun 2019. Neptune Laminates has 10 board changes on record in total.
Yes, Neptune Laminates is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0009158).
Neptune Laminates can be reached through the website neptunelaminates.com. Its registered office is in Padavla, Gujarat, India.