Nikita Papers Limited
About Nikita Papers Limited
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Nikita Papers Limited is a public limited company based in Muzaffarnagar, Uttar Pradesh, India. The company is marked as inactive by the Registrar of Companies, indicating it has not filed statutory returns and may face regulatory action. It operates in the manufacturing segment of the paper and packaging sector. It was incorporated on 18 August 1989.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U21015UP1989PLC011059.
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹72.37 Lakh.
The registered office is at Kamla Colony Shamli Muzaffernagar., Muzaffarnagar, Uttar Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹346.78 Cr, a decline of 13% compared to the previous year. For the same year it recorded EBITDA of ₹42.66 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 26% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
Company details
Contact details
Nikita Papers Limited's registered office is in Muzaffarnagar, Uttar Pradesh.
- Registered AddressKamla Colony Shamli Muzaffernagar., Muzaffarnagar, Uttar Pradesh, India
- IndustryPaper, Manufacturing, Paper Board, Straw Board, Pulp, Paper, Paper & Paper Products
- 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
Financials of Nikita Papers Limited
Nikita Papers Limited reported revenue of ₹346.78 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 136% 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 | ₹42.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.3% | ||||
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To see the full financial statements and ratios of Nikita Papers Limited, buy the company report.
Board of directors of Nikita Papers Limited
No directors are listed for Nikita Papers in the MCA records available to us.
Legal cases
Nikita Papers Limited has 5 court cases on record: 4 filed by Nikita Papers, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2410-Indirect Taxation : Others) | Filed against the company by M/S Prem Steels Pvt. Ltd Co. THR. Its Director Dharampal Singhal Begrajpur Industrial Area , District: Meerut Road ,Muzaffarnagar , Uttar Pradesh and 7 others | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against U.P. Power Corporation Ltd. and Others | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Pashchimanchal Vidyut Vitran Nigam Limited Thru Its Managin and 4 others | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Paschimanchal Vidyut Vitran Nigam Limited and Others | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. Thru Secy. Institutional Finance and Others | Disposed |
To see the full case history of Nikita Papers 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 Nikita Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nikita Papers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frequently asked questions
Nikita Papers is marked as "Inactive" by the Ministry of Corporate Affairs. This typically indicates that the company has not filed its statutory returns and is not compliant with MCA requirements. Continued inactivity may result in the company being struck off.
Nikita Papers is an inactive public limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in manufacturing, within the paper industry. It was incorporated on 18 August 1989 and is registered under CIN U21015UP1989PLC011059. The company is not compliant with MCA filing requirements.
The CIN (Corporate Identification Number) of Nikita Papers is U21015UP1989PLC011059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikita Papers was incorporated on 18 August 1989. It is registered with the Registrar of Companies, Kanpur.
The registered office of Nikita Papers is at Kamla Colony Shamli Muzaffernagar., Muzaffarnagar, Uttar Pradesh, India.
Nikita Papers operates in the paper industry, in the manufacturing segment.
Nikita Papers has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Nikita Papers can be reached at its registered office: Kamla Colony Shamli Muzaffernagar, Muzaffarnagar, Uttar Pradesh, India.
Nikita Papers is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.
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