Packeasy Flexibles Private Limited

Packeasy Flexibles Private Limited - engineering in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U21021TN2017PTC119354 Incorporated 03 November 2017 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company engineering DPIIT Startup MSME · Small
Revenue · FY 2024
₹6.58 Cr
▲ 4% YoY
Net profit · FY 2024
₹7.73 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹44.44 Lakh
EBITDA margin 6.8%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹2.01 Cr
Satisfied ₹1.78 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Packeasy Flexibles Private Limited

Data last updated:

Packeasy Flexibles Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 03 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U21021TN2017PTC119354. Its GSTIN is 33AAJCP5091L1Z1 (Tamil Nadu).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Balakrishnan Arun Balakrishnan and Tanjore Govindarajan Ravi Baskar.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 2 Sb Complex W – 115 3rd Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.58 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹7.73 Lakh (net margin 1.2%) and EBITDA of ₹44.44 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 29% over five years.

As per MCA filings, the company has open charges of ₹2.01 Cr and satisfied charges of ₹1.78 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.

Packeasy Flexibles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0029535). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U21021TN2017PTC119354
Registration Number 119354
Incorporation Date 03 November 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-02-0029535
Key People
Balakrishnan Arun Balakrishnan Director Tanjore Govindarajan Ravi Baskar Director

Recognitions & Rankings of Packeasy Flexibles

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0029535

Contact details

Packeasy Flexibles Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S – 2 Sb Complex W – 115 3rd Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Packeasy Flexibles Private Limited, buy the company report.

Comprehensive company report
Packeasy Flexibles 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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Business activity

The main business activity of Packeasy Flexibles is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Packeasy Flexibles Private Limited, buy the company report.

Financials of Packeasy Flexibles Private Limited

FY 2025 filings available

Packeasy Flexibles Private Limited reported revenue of ₹6.58 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹6.58 Cr ▲ 4%
Net profit · FY 2024
₹7.73 Lakh margin 1.2%
EBITDA · FY 2024
₹44.44 Lakh margin 6.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 18%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 21%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 4% growth in the latest year. EBITDA rose 11% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹44.44 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.73 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.8%
Net Profit Margin1.2%
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 Packeasy Flexibles Private Limited, buy the company report.

Board of directors of Packeasy Flexibles Private Limited

Packeasy Flexibles has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Balakrishnan Arun Balakrishnan
Also directs: Pack Easy Green Technologies (OPC) Private Limited
Director03 Nov 20179 Years 0 MonthsCurrent
Tanjore Govindarajan Ravi BaskarDirector03 Nov 20179 Years 0 MonthsCurrent
View all directors

Auditor

Packeasy Flexibles Private Limited is audited by R K L & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R K L & ASSOCIATESFY 2023018655S

Shareholding

The shareholding of Packeasy Flexibles 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Packeasy Flexibles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.01 Cr
Satisfied charges
₹1.78 Cr
Breakdown by lending institutions
Others₹2.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Aug 2024100983299Others₹8.6 LakhOpen
29 Aug 2024100983318Others₹1.92 CrOpen
23 Feb 2023100689208Bank of India₹11.37 LakhSatisfied
30 Jun 2020100361364Bank of India₹22.7 LakhSatisfied
17 Feb 2020100323441Bank of India₹18.75 LakhSatisfied

To see the full charge records of Packeasy Flexibles Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Packeasy Flexibles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Packeasy Flexibles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAJCP5091L1Z1Tamil NaduActive21 Nov 2017

To see the full GST registrations and return filing status of Packeasy Flexibles Private Limited, buy the company report.

Recent activity

Packeasy Flexibles Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Balakrishnan Arun Balakrishnan was appointed as Director on 03 Nov 2017.

AGM
Packeasy Flexibles Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 192.00 Lakh registered on 29 Aug 2024 with Charge ID 100983318 was modified on 26 Aug 2025.
Filing
Packeasy Flexibles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 23 Feb 2023 via Charge ID 100689208 with Bank Of India was fully satisfied on 16 Sep 2024.
Charges
A charge registered on 30 Jun 2020 via Charge ID 100361364 with Bank Of India was fully satisfied on 16 Sep 2024.
Charges
A charge registered on 31 Jul 2018 via Charge ID 100205196 with Bank Of India was fully satisfied on 16 Sep 2024.
Charges
A charge with Others amounted to Rs. 8.60 Lakh with Charge ID 100983299 was registered on 29 Aug 2024.
Charges
A charge with Others amounted to Rs. 192.00 Lakh with Charge ID 100983318 was registered on 29 Aug 2024.
Charges
A charge registered on 17 Feb 2020 via Charge ID 100323441 with Bank Of India was fully satisfied on 01 Sep 2023.
Charges
A charge with Bank Of India amounted to Rs. 11.37 Lakh with Charge ID 100689208 was registered on 23 Feb 2023.
Charges
A charge with Bank Of India of Rs. 125.00 Lakh registered on 31 Jul 2018 with Charge ID 100205196 was modified on 23 Sep 2021.
Charges
A charge with Bank Of India amounted to Rs. 22.70 Lakh with Charge ID 100361364 was registered on 30 Jun 2020.

5 earlier events are in the company report.

Frequently asked questions

Packeasy Flexibles is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 03 November 2017 (9+ years old) and is registered under CIN U21021TN2017PTC119354.

Packeasy Flexibles has 2 current directors:

The latest financial statements of Packeasy Flexibles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Packeasy Flexibles is 33AAJCP5091L1Z1, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Packeasy Flexibles is U21021TN2017PTC119354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Packeasy Flexibles has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.

Packeasy Flexibles was incorporated on 03 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.

Balakrishnan Arun Balakrishnan was appointed as Director on 03 Nov 2017. Tanjore Govindarajan Ravi Baskar was appointed as Director on 03 Nov 2017.

Yes, Packeasy Flexibles is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Packeasy Flexibles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0029535).