About Nithya Packaging Private Limited
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Nithya Packaging Private Limited is a private limited company based in Puducherry, India. It operates in the paper segment of the packaging sector. It was incorporated on 29 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pondicherry, under CIN U20231PY1996PTC001216. Its GSTIN is 34AAACN2383E1ZS (Puducherry). The company holds 10 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹16.37 Cr and a paid-up capital of ₹65.41 Lakh. It is led by directors including Narayanasamy Gokulakrishnan (Managing Director) and Thamotharan (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 48 3rd Cross St Anandarangapillai Nagar Pondicherry – 605008, Puducherry, India – 605800.
As per the financials filed for FY 2023, the company reported a revenue of ₹293.42 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹57.15 Cr (net margin 19.5%) and EBITDA of ₹90.55 Cr (EBITDA margin 30.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.
The company has about 614 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹57.61 Cr and satisfied charges of ₹298.03 Cr on record. Court records list 30 cases involving the company, including 14 filed by the company and 16 filed against it; 8 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2011. Its 7 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 4 smaller; the largest is Sripathi Paper and Boards Private Limited with revenue of ₹594.16 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 nithya-packaging-pvt-ltd.business.site.
Company details
Contact details
Nithya Packaging Private Limited's registered office is in Puducherry, Puducherry. Its website is nithya-packaging-pvt-ltd.business.site. Its e-mail address is in the company report.
- Email
- Registered Address48 3rd Cross St Anandarangapillai Nagar Pondicherry – 605008, Puducherry, India – 605800
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Nithya Packaging 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 activity of Nithya Packaging 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 Nithya Packaging Private Limited, buy the company report.
Financials of Nithya Packaging Private Limited
FY 2024 filings availableNithya Packaging Private Limited reported revenue of ₹293.42 Cr (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 30% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹293.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹90.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.9% | ||||
| Net Profit Margin | 19.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| 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 Nithya Packaging Private Limited, buy the company report.
Board of directors of Nithya Packaging Private Limited
Nithya Packaging has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanasamy Gokulakrishnan Also directs: Nithya Steels and Alloys Private Limited | Managing Director | 29 Mar 1996 | 30 Years 7 Months | Current |
| Thamotharan Also directs: Nithya Steels and Alloys Private Limited, Sri Veera Anjaneyar Enterprises LLP, Sai Skandhaa Ventures LLP and 1 more | Managing Director | 29 Mar 1996 | 30 Years 7 Months | Current |
| Mangayarkarasi Also directs: Nithya Steels and Alloys Private Limited | Whole-Time Director | 29 Mar 1996 | 30 Years 7 Months | Current |
| Vidhya Also directs: Nithya Steels and Alloys Private Limited | Whole-Time Director | 27 Nov 2002 | 23 Years 11 Months | Current |
| Nithyakala Also directs: Nithya Steels and Alloys Private Limited | Whole-Time Director | 24 Dec 2001 | 24 Years 10 Months | Current |
| Ashwathram | Director | 17 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Nithya Packaging Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated 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 |
|---|---|---|---|---|---|---|
| Sripathi Paper and Boards Private Limited | ₹594.16 Cr (FY 2025) | 3.0% | Sathyamangalam, Tamil Nadu, India | |||
| Sidharth Papers Private Limited | ₹590.5 Cr (FY 2025) | 1.0% | Delhi, India | |||
| R A Kraft Paper Private Limited | ₹526.11 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| B&B Triplewall Containers Limited | ₹492.73 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India | |||
| Orchid Laminates Private Limited | ₹468.11 Cr (FY 2024) | -21.0% | Bangalore, Karnataka, India | |||
| Prem Industries India Limited | ₹460.48 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Canpac Trends Private Limited | ₹404.22 Cr (FY 2025) | 21.0% | Ahmedabad, Gujarat, India | |||
| Nithya Packaging Private Limitedthis company | ₹293.42 Cr (FY 2023) | ₹57.15 Cr | 19.5% | -2.0% | 614 | Puducherry, India |
To see the full peer comparison of Nithya Packaging Private Limited, buy the company report.
Auditor
Nithya Packaging Private Limited is audited by SRIRAM RAMACHANDRAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIRAM RAMACHANDRAN & ASSOCIATES | FY 2023 | 012530S |
Shareholding
The shareholding of Nithya Packaging Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nithya Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2025 | 101061101 | Others | ₹1.78 Cr | Open | |
| 17 Jan 2025 | 101035315 | Others | ₹1.5 Cr | Open | |
| 28 Jun 2024 | 100949902 | Others | ₹26.55 Lakh | Open | |
| 19 Jun 2024 | 100935173 | Others | ₹30 Lakh | Open | |
| 28 Feb 2024 | 100875694 | Others | ₹1.41 Cr | Open |
To see the full charge records of Nithya Packaging Private Limited, buy the company report.
Total charge records: 52 View all charges
Deals & funding
Nithya Packaging Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nithya Packaging Private Limited has 30 court cases on record: 14 filed by Nithya Packaging, 16 filed against it. 8 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 5 |
| High courts | 15 | 3 | 3 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil suit | Filed by the company against The Federal Bank Ltd., and 1 other | Disposed |
| District court, Puducherry | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Puducherry | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Cuddalore, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Nithya Packaging 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
Nithya Packaging Private Limited was last rated by Crisil on 30 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Jun 2020 |
To see the full credit ratings and regulatory alerts of Nithya Packaging Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nithya Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nithya Packaging has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nithya Steels and Alloys Private Limited | U27100PY2009PTC002282 |
To see the full group structure of Nithya Packaging Private Limited, buy the company report.
Employees & EPFO
Nithya Packaging Private Limited has a workforce of 614 employees on its EPFO records as of Apr 01, 2024, across 5 active EPFO establishments.
GST
Nithya Packaging has 10 GST registrations: 3 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAACN2383E1ZS | Puducherry | Active | 01 Jul 2017 |
| 37AAACN2383E3ZK | Andhra Pradesh | Active | 26 Jul 2017 |
| 37AAACN2383E4ZJ | Andhra Pradesh | Active | 26 Oct 2020 |
To see the full GST registrations and return filing status of Nithya Packaging Private Limited, buy the company report.
Recent activity
Nithya Packaging Private Limited has 13 board changes on record since 1996: 7 appointments and 6 cessations. The latest: Ashwathram ceased to be Additional Director on 02 Mar 2023.
112 earlier events are in the company report.
Frequently asked questions
Nithya Packaging is an active private limited company based in Puducherry, India. The company works in paper, within the packaging industry. It was incorporated on 29 March 1996 (30+ years old) and is registered under CIN U20231PY1996PTC001216.
Nithya Packaging has 7 current directors:
- Narayanasamy Gokulakrishnan - Managing Director
- Thamotharan - Managing Director
- Mangayarkarasi - Whole-Time Director
- Vidhya - Whole-Time Director
- Nithyakala - Whole-Time Director
- Vijayaraman - Whole-Time Director
- Ashwathram - Director
The latest financial statements of Nithya Packaging on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nithya Packaging is 34AAACN2383E1ZS, registered in Puducherry. The company has 10 GST registrations in all, of which 3 are active and 7 are cancelled or inactive. Other active GSTINs include 37AAACN2383E3ZK (Andhra Pradesh), 37AAACN2383E4ZJ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Nithya Packaging is U20231PY1996PTC001216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nithya Packaging has 30 court cases on record: 14 filed by the company and 16 filed against it. 8 are pending. Most are in the district courts.
Nithya Packaging was incorporated on 29 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pondicherry.
Nithya Packaging has 1 deal on record (1 secondary share transfer); the latest was in December 2011.
The peers of Nithya Packaging by revenue are Sripathi Paper and Boards Private Limited, Sidharth Papers Private Limited, R A Kraft Paper Private Limited, B&B Triplewall Containers Limited, Orchid Laminates Private Limited and 2 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Ashwathram ceased to be Additional Director on 02 Mar 2023. Ashwathram was appointed as Director on 17 Aug 2022. Mangayarkarasi ceased to be Director on 01 Oct 2020. Nithya Packaging has 13 board changes on record in total.
Nithya Packaging can be reached through the website nithya-packaging-pvt-ltd.business.site. Its registered office is in Puducherry, India.
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