About P G Foils Limited
Data last updated: 14 July 2026
P G Foils Limited is a public limited company based in Ahmedabad Gujarat, Gujarat, India. It specialises in solar energy solutions, a part of the broader environmental services sector. Incorporated on 07 November 1979, the company has been in operation for over 47 years.
Registered with ROC Ahmedabad under CIN L27203GJ1979PLC008050. Listed on BSE: 526747.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.8 Cr. It is led by directors including Sahil Pankaj Shah and Sakshi Sahil Shah.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 6 Neptune Towerashram Road, Ahmedabad Gujarat, Gujarat, India – 380009.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹318.5 Cr, a decline of 35.19% compared to the previous year. The net worth stands at ₹329.9 Cr (down 2.35% YoY). Total assets are valued at ₹503.84 Cr (up 18.88% YoY).
The company has a workforce of approximately 403 employees as per the latest available data.
The company is associated with 1 brand - Pg Foils. As per MCA filings, the company has open charges of ₹338 Cr and satisfied charges of ₹71.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pgfoils.in.
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Registered Address6 Neptune Towerashram Road, Ahmedabad Gujarat, Gujarat, India – 380009
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IndustryEnvironment, Solar Energy Solutions, Wind Energy Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of P G Foils Limited
P G Foils Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27203GJ1979PLC008050, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27203GJ1979PLC008050 | Current |
| U27203GJ1985PLC008050 | Previous |
| U27203GJ1979PLC008050 | Previous |
Associated Brands with P G Foils Limited
P G Foils Limited operates one associated brand: PG Foils. These brands represent P G Foils Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Aluminium foils are manufactured by PG Foils in India. | pgfoils.com |
Business Activity of P G Foils Limited
P G Foils Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for P G Foils Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of P G Foils Limited
P G Foils Limited is audited by JAIN P.C. AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-04-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| JAIN P.C. AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of P G Foils Limited
P G Foils Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sahil Pankaj Shah
Also directs:
Prem Foils Limited, Madras Alucon Private Limited, Prem Alucon Private Limited and 5 more
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Whole-Time Director | 11 Aug 2007 | 18 Years 11 Months | Current |
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Sakshi Sahil Shah
Also directs:
Prem Foils Limited, Kamdhenu Abasan Private Limited
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Director | 27 Mar 2015 | 11 Years 3 Months | Current |
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Pankaj P Shah
Also directs:
Prem Foils Limited, Madras Alucon Private Limited, Prem Alucon Private Limited and 3 more
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Managing Director | 17 Jan 2009 | 17 Years 6 Months | Current |
| Narendrakumar Ambalal Porwal | Director | 12 Feb 2018 | 8 Years 5 Months | Current |
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Amit Aggarwal
Also directs:
Shriram Aluco India Private Limited
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Director | 14 Nov 2019 | 6 Years 8 Months | Current |
| Sunil Kataria | Director | 30 Aug 2024 | 1 Years 10 Months | Current |
Financials of P G Foils Limited FY 2026 filings available
P G Foils Limited reported revenue of ₹318.5 Cr (down 35.19% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹318.5 Cr | ₹491.4 Cr | ₹317.16 Cr | ₹337.32 Cr | ₹394.54 Cr | ₹251.65 Cr | ₹217.32 Cr | ₹258.84 Cr |
| Other Income | ₹15.44 Cr | ₹29.66 Cr | ₹49.87 Cr | ₹36.78 Cr | ₹28.51 Cr | ₹13.41 Cr | ₹18.59 Cr | ₹26.96 Cr |
| Total Income | ₹333.93 Cr | ₹521.07 Cr | ₹367.03 Cr | ₹374.09 Cr | ₹423.05 Cr | ₹265.05 Cr | ₹235.9 Cr | ₹285.8 Cr |
| Cost of Materials Consumed | ₹270.22 Cr | ₹231.78 Cr | ₹234.82 Cr | ₹269.32 Cr | ₹279.17 Cr | ₹189.51 Cr | ₹176.41 Cr | ₹204.98 Cr |
| Purchases of Stock-in-Trade | ₹20.41 Cr | ₹206.62 Cr | ₹56.24 Cr | ₹26.78 Cr | ₹52.68 Cr | ₹11.72 Cr | ₹4.13 Cr | ₹7.91 Cr |
| Changes in Inventories | -₹8.01 Cr | -₹1.03 Cr | ₹3.52 Cr | ₹2.62 Cr | -₹21.65 Cr | ₹5.64 Cr | -₹4.25 Cr | ₹3.7 Cr |
| Employee Benefit Expense | ₹20.96 Cr | ₹22.61 Cr | ₹26.9 Cr | ₹20.4 Cr | ₹19.82 Cr | ₹15.05 Cr | ₹14.69 Cr | ₹15.57 Cr |
| Finance Costs | ₹10.79 Cr | ₹5.08 Cr | ₹4.86 Cr | ₹23.07 Cr | ₹5.73 Cr | ₹4.57 Cr | ₹8.44 Cr | ₹8.54 Cr |
| Depreciation & Amortisation | ₹6.22 Cr | ₹6.12 Cr | ₹4.39 Cr | ₹4.06 Cr | ₹4.15 Cr | ₹4.64 Cr | ₹4.65 Cr | ₹4.15 Cr |
| Other Expenses | ₹20.39 Cr | ₹18.24 Cr | ₹16.24 Cr | ₹25.45 Cr | ₹20.34 Cr | ₹14.55 Cr | ₹12.93 Cr | ₹19.89 Cr |
| Total Expenses | ₹340.98 Cr | ₹489.41 Cr | ₹346.95 Cr | ₹371.7 Cr | ₹360.24 Cr | ₹245.67 Cr | ₹216.99 Cr | ₹264.74 Cr |
| Profit Before Exceptional Items & Tax | -₹7.04 Cr | ₹31.66 Cr | ₹20.07 Cr | ₹2.39 Cr | ₹62.8 Cr | ₹19.38 Cr | ₹18.92 Cr | ₹21.06 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹3.28 Cr | ₹0 |
| Profit Before Tax | -₹7.04 Cr | ₹31.66 Cr | ₹20.07 Cr | ₹2.39 Cr | ₹62.8 Cr | ₹19.38 Cr | ₹15.63 Cr | ₹21.06 Cr |
| Total Tax Expense | ₹1.2 Cr | ₹7.55 Cr | ₹3.05 Cr | ₹2.17 Cr | ₹16.24 Cr | ₹4.16 Cr | ₹2.95 Cr | ₹4.49 Cr |
| Net Profit | -₹8.24 Cr | ₹24.11 Cr | ₹17.02 Cr | ₹22.16 Lakh | ₹46.56 Cr | ₹15.29 Cr | ₹14.97 Cr | ₹16.18 Cr |
| Other Comprehensive Income | ₹28.95 Lakh | -₹10.25 Lakh | ₹5.02 Lakh | ₹22.75 Lakh | -₹4.9 Lakh | ₹1.89 Lakh | -₹18.74 Lakh | ₹20.08 Lakh |
| Total Comprehensive Income | -₹7.95 Cr | ₹24.01 Cr | ₹17.07 Cr | ₹44.91 Lakh | ₹46.52 Cr | ₹15.3 Cr | ₹14.78 Cr | ₹16.38 Cr |
| EBITDA (computed) | ₹9.97 Cr | ₹42.86 Cr | ₹29.32 Cr | ₹29.52 Cr | ₹72.68 Cr | ₹28.59 Cr | ₹32.01 Cr | ₹33.74 Cr |
| Basic EPS | ₹-6.99 | ₹20.44 | ₹14.57 | ₹0.22 | ₹56.92 | ₹18.85 | ₹18.46 | ₹19.95 |
| Diluted EPS | ₹-6.99 | ₹20.44 | ₹14.50 | ₹0.20 | ₹42.11 | ₹18.85 | ₹18.46 | ₹19.95 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹503.84 Cr | ₹423.81 Cr | ₹412.99 Cr | ₹444.24 Cr | ₹547.09 Cr | ₹383.09 Cr | ₹318.38 Cr | ₹285.87 Cr |
| Non-current Assets | ₹70.94 Cr | ₹78.18 Cr | ₹72.83 Cr | ₹78.82 Cr | ₹62.3 Cr | ₹65.54 Cr | ₹61.07 Cr | ₹58.51 Cr |
| Current Assets | ₹432.9 Cr | ₹345.63 Cr | ₹340.16 Cr | ₹365.42 Cr | ₹484.79 Cr | ₹317.55 Cr | ₹257.31 Cr | ₹227.37 Cr |
| Property, Plant & Equipment | ₹56.68 Cr | ₹60.82 Cr | ₹37.65 Cr | ₹38.12 Cr | ₹32.57 Cr | ₹33.67 Cr | ₹36.87 Cr | ₹38.95 Cr |
| Inventories | ₹155.29 Cr | ₹89.52 Cr | ₹81.98 Cr | ₹104.4 Cr | ₹71.71 Cr | ₹56.28 Cr | ₹39.31 Cr | ₹31.3 Cr |
| Trade Receivables | ₹59.16 Cr | ₹77.25 Cr | ₹75.66 Cr | ₹47.48 Cr | ₹46.92 Cr | ₹54.29 Cr | ₹56.95 Cr | ₹62.26 Cr |
| Cash & Equivalents | ₹2.54 Cr | ₹12.13 Cr | ₹14.9 Lakh | ₹11.29 Cr | ₹27.68 Lakh | ₹21.1 Lakh | ₹20.38 Lakh | ₹44.85 Lakh |
| Equity (Net Worth) | ₹329.9 Cr | ₹337.86 Cr | ₹314.26 Cr | ₹283.78 Cr | ₹257.43 Cr | ₹179.49 Cr | ₹164.18 Cr | ₹149.4 Cr |
| Equity Share Capital | ₹11.8 Cr | ₹11.8 Cr | ₹11.8 Cr | ₹10.88 Cr | ₹9.1 Cr | ₹8.12 Cr | ₹8.12 Cr | ₹8.12 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.77 Cr |
| Borrowings (Current) | ₹141.45 Cr | ₹50.51 Cr | ₹69.48 Cr | ₹128.27 Cr | ₹260.48 Cr | ₹175.24 Cr | ₹126.49 Cr | ₹87.72 Cr |
| Total Debt (computed) | ₹141.45 Cr | ₹50.51 Cr | ₹69.48 Cr | ₹128.27 Cr | ₹260.48 Cr | ₹175.24 Cr | ₹126.49 Cr | ₹90.5 Cr |
| Current Liabilities | ₹164.85 Cr | ₹77.39 Cr | ₹89.08 Cr | ₹152.18 Cr | ₹281.87 Cr | ₹197.55 Cr | ₹149.99 Cr | ₹127.4 Cr |
| Total Liabilities | ₹173.93 Cr | ₹85.95 Cr | ₹98.73 Cr | ₹160.46 Cr | ₹289.66 Cr | ₹203.6 Cr | ₹154.2 Cr | ₹136.47 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹109.87 Cr | ₹17.19 Cr | ₹20.82 Cr | ₹77.27 Cr | -₹81.73 Cr |
| Investing Cash Flow | ₹13.12 Cr | ₹2.63 Cr | ₹42.28 Cr | ₹88.54 Cr | ₹1.12 Cr |
| Financing Cash Flow | ₹87.15 Cr | -₹7.83 Cr | -₹74.24 Cr | -₹154.8 Cr | ₹80.68 Cr |
| Capital Expenditure | -₹10.98 Cr | ₹15.7 Cr | ₹4.49 Cr | ₹0 | ₹1.31 Cr |
| Free Cash Flow (computed) | -₹120.85 Cr | ₹1.49 Cr | ₹16.34 Cr | ₹77.27 Cr | -₹83.04 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹9.6 Cr | ₹11.98 Cr | -₹11.14 Cr | ₹11.01 Cr | ₹6.59 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹91.29 Cr | ₹71.86 Cr | ₹73.55 Cr | ₹81.8 Cr | ₹111.76 Cr | ₹151.46 Cr | ₹100.27 Cr | ₹127.91 Cr |
| Other Income | -₹9.7 Cr | ₹6.86 Cr | -₹1.64 Cr | ₹19.92 Cr | -₹6.47 Cr | ₹5.42 Cr | ₹13.77 Cr | ₹16.95 Cr |
| Total Income | ₹81.6 Cr | ₹78.72 Cr | ₹71.9 Cr | ₹101.72 Cr | ₹105.29 Cr | ₹156.88 Cr | ₹114.04 Cr | ₹144.86 Cr |
| Cost of Materials Consumed | ₹81.75 Cr | ₹69.39 Cr | ₹60.93 Cr | ₹58.15 Cr | ₹65.02 Cr | ₹76.44 Cr | ₹43.47 Cr | ₹46.85 Cr |
| Purchases of Stock-in-Trade | ₹7.21 Cr | ₹54.28 Lakh | ₹2.43 Cr | ₹10.22 Cr | ₹38.05 Cr | ₹59.4 Cr | ₹44.93 Cr | ₹64.24 Cr |
| Changes in Inventories | -₹13.21 Cr | -₹5.37 Cr | ₹2.82 Cr | ₹7.75 Cr | -₹9.44 Cr | -₹3.28 Cr | ₹4 Cr | ₹7.69 Cr |
| Employee Benefit Expense | ₹2.24 Cr | ₹5.12 Cr | ₹5.53 Cr | ₹8.07 Cr | ₹3.27 Cr | ₹5.23 Cr | ₹7.15 Cr | ₹6.96 Cr |
| Finance Costs | ₹7.54 Cr | ₹1.74 Cr | ₹78.85 Lakh | ₹72.17 Lakh | ₹1.29 Cr | ₹1.51 Cr | ₹1.33 Cr | ₹94.8 Lakh |
| Depreciation & Amortisation | ₹1.65 Cr | ₹1.54 Cr | ₹1.53 Cr | ₹1.49 Cr | ₹3.12 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other Expenses | ₹6.29 Cr | ₹5.2 Cr | ₹5.89 Cr | ₹3 Cr | ₹6.55 Cr | ₹4.57 Cr | ₹3.84 Cr | ₹3.27 Cr |
| Total Expenses | ₹93.46 Cr | ₹78.17 Cr | ₹79.94 Cr | ₹89.41 Cr | ₹107.86 Cr | ₹144.87 Cr | ₹105.72 Cr | ₹130.95 Cr |
| Profit Before Exceptional Items & Tax | -₹11.87 Cr | ₹55.39 Lakh | -₹8.03 Cr | ₹12.31 Cr | -₹2.58 Cr | ₹12.01 Cr | ₹8.32 Cr | ₹13.9 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹11.87 Cr | ₹55.39 Lakh | -₹8.03 Cr | ₹12.31 Cr | -₹2.58 Cr | ₹12.01 Cr | ₹8.32 Cr | ₹13.9 Cr |
| Total Tax Expense | -₹2.14 Cr | ₹33.72 Lakh | ₹10,000 | ₹3 Cr | ₹2.25 Cr | ₹1.43 Cr | ₹1.46 Cr | ₹2.4 Cr |
| Net Profit | -₹9.73 Cr | ₹21.67 Lakh | -₹8.03 Cr | ₹9.3 Cr | -₹4.83 Cr | ₹10.58 Cr | ₹6.86 Cr | ₹11.5 Cr |
| Other Comprehensive Income | ₹28.95 Lakh | ₹3,000 | -₹3,000 | ₹0 | -₹10.22 Lakh | -₹5,000 | ₹2,000 | ₹0 |
| Total Comprehensive Income | -₹9.44 Cr | ₹21.7 Lakh | -₹8.03 Cr | ₹9.3 Cr | -₹4.93 Cr | ₹10.58 Cr | ₹6.86 Cr | ₹11.5 Cr |
| EBITDA (computed) | -₹2.68 Cr | ₹3.84 Cr | -₹5.71 Cr | ₹14.52 Cr | ₹1.84 Cr | ₹14.52 Cr | ₹10.65 Cr | ₹15.85 Cr |
| Basic EPS | ₹-8.25 | ₹0.18 | ₹-6.82 | ₹7.89 | ₹-4.09 | ₹8.97 | ₹5.81 | ₹9.76 |
| Diluted EPS | ₹-8.25 | ₹0.18 | ₹-6.82 | ₹7.89 | ₹-4.09 | ₹8.97 | ₹5.81 | ₹9.76 |
Shareholding Pattern of P G Foils Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 54.37%, retail and other public shareholders hold 45.63% of P G Foils Limited. The company had 7,798 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 54.37% | 50.98% | 50.98% | 50.98% | 50.98% | 50.98% |
| Public | 45.63% | 49.02% | 49.02% | 49.02% | 49.02% | 49.02% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 54.37% | 50.98% | 50.98% |
| Public | 45.63% | 49.02% | 49.02% |
| Promoter change (YoY, %pts) | +3.39 | +0.00 | - |
Charges & Borrowings of P G Foils Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2024 | Hdfc Bank Limited | ₹5 Cr | Open |
| 09 Mar 2022 | Hdfc Bank Limited | ₹45 Cr | Open |
| 26 Aug 2019 | Others | ₹58 Cr | Open |
| 18 Oct 2018 | Hdfc Bank Limited | ₹80 Cr | Open |
| 11 Aug 2018 | Others | ₹35 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at P G Foils Limited
P G Foils Limited has a workforce of 403 employees as of Oct 09, 2025.
Employee and EPFO history for P G Foils Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of P G Foils Limited
GST registrations and filing compliance for P G Foils Limited
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Credit Ratings, Litigation & Regulatory Alerts for P G Foils Limited
Credit ratings, litigation, and regulatory alerts for P G Foils Limited
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MSME Payment Delays by P G Foils Limited
MSME payment history for P G Foils Limited
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Subsidiaries & Group Companies of P G Foils Limited
Corporate group structure for P G Foils Limited
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MCA Filings & Documents of P G Foils Limited
MCA filings and documents for P G Foils Limited
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Recent Activity on P G Foils Limited
Frequently Asked Questions about P G Foils Limited
P G Foils Limited is an active public limited company in the environment sector based in Ahmedabad Gujarat, Gujarat, India. It was incorporated on 07 November 1979 (47+ years old) and is registered under CIN L27203GJ1979PLC008050. Listed on BSE: 526747. The company has 403 employees.
P G Foils Limited reported revenue of ₹318.5 Cr for FY 2026 (down 35.19% YoY) based on standalone BSE filings.
The current directors of P G Foils Limited are:
- Sahil Pankaj Shah - Whole-Time Director
- Sakshi Sahil Shah - Director
- Pankaj P Shah - Managing Director
- Narendrakumar Ambalal Porwal - Director
- Amit Aggarwal - Director
- Sunil Kataria - Director
The primary industry of P G Foils Limited is environment. The company specifically operates in solar energy solutions. The company is currently active in this sector.
Yes. P G Foils Limited is listed on BSE with code 526747.
P G Foils Limited can be reached at the registered office: 6 Neptune Towerashram Road, Ahmedabad Gujarat, Gujarat, India – 380009, or through the website pgfoils.in.