MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0024093
Padmaja Packaging Industries Ltd
Padmaja Packaging Industries Ltd - packaging in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹75.98 Cr
▲ 99% YoY
Net profit · FY 2024
₹4.05 Cr
Net margin 5.3%
EBITDA · FY 2024
₹9.18 Cr
EBITDA margin 12.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹95.75 Cr
Satisfied ₹34.71 Cr
Company age
33 yrs
Est. 1993
Directors on board
4
As per MCA filings
About Padmaja Packaging Industries Ltd
Data last updated:
Padmaja Packaging Industries Ltd is a public limited company based in Kolhapur, Maharashtra, India. It operates in the paper segment of the packaging sector. It was incorporated on 09 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74950PN1993PLC072780. Its GSTIN is 27AABCP5805E1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors including Vazir Shikalgar Azamuddin and Sanjay Ligade Ramling.
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 Pravati Co Op Indl.Estateyadrav Tal Shirol, Kolhapur, Maharashtra, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.98 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹4.05 Cr (net margin 5.3%) and EBITDA of ₹9.18 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹95.75 Cr and satisfied charges of ₹34.71 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 6 cases are pending.
Padmaja Packaging Industries Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0024093). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74950PN1993PLC072780
Registration Number 072780
Incorporation Date 09 July 1993
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-15-0024093
CIN history
Padmaja Packaging Industries has one previous CIN (Corporate Identification Number): U74950MH1993PLC072780. The current CIN is U74950PN1993PLC072780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74950PN1993PLC072780 | Current |
| U74950MH1993PLC072780 | Previous |
Key People
Vazir Shikalgar Azamuddin Director Sanjay Ligade Ramling Director Latif Sayyed Shaikh Director Recognitions & Rankings of Padmaja Packaging Industries
Contact details
Padmaja Packaging Industries Ltd's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPravati Co Op Indl.Estateyadrav Tal Shirol, Kolhapur, Maharashtra, India
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Padmaja Packaging Industries Ltd, buy the company report.
Comprehensive company report
Padmaja Packaging Industries Ltd - 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 Padmaja Packaging Industries 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 Padmaja Packaging Industries Ltd, buy the company report.
Financials of Padmaja Packaging Industries Ltd
FY 2024 filings availablePadmaja Packaging Industries Ltd reported revenue of ₹75.98 Cr (up 99% YoY) for FY 2024.
Revenue · FY 2024
₹75.98 Cr ▲ 99%
Net profit · FY 2024
₹4.05 Cr margin 5.3%
EBITDA · FY 2024
₹9.18 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 47%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 50%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 99% growth in the latest year. EBITDA rose 103% 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 |
|---|---|---|---|---|---|
| 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 | ₹9.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 5.3% | ||||
| 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 Padmaja Packaging Industries Ltd, buy the company report.
Board of directors of Padmaja Packaging Industries Ltd
Padmaja Packaging Industries has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vazir Shikalgar Azamuddin | Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Sanjay Ligade Ramling | Director | 02 Apr 2024 | 2 Years 6 Months | Current |
| Latif Sayyed Shaikh | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
| Ashwini Vikram Adagale | Director | 02 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Padmaja Packaging Industries Ltd is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Riyo Parapack Private Limited | ₹78.6 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Mohan Boards Private Limited | ₹78.14 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Deco Mica Limited | ₹77.72 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Detpak India Private Limited | ₹76.5 Cr (FY 2023) | -6.0% | Vasai, Maharashtra, India | |||
| Padmaja Packaging Industries Ltdthis company | ₹75.98 Cr (FY 2024) | ₹4.05 Cr | 5.3% | 99.0% | Kolhapur, Maharashtra, India | |
| Shivani Flexipack Limited | ₹75.95 Cr (FY 2022) | 41.0% | Sangli, Maharashtra, India | |||
| Vettiyil Packaging Private Limited | ₹75.92 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Twilight Craft Paper Private Limited | ₹75.8 Cr (FY 2025) | 558.0% | Mehsana, Gujarat, India | |||
| Lipi International Private Limited | ₹75.74 Cr (FY 2025) | 23.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Padmaja Packaging Industries Ltd, buy the company report.
Auditor
Padmaja Packaging Industries Ltd is audited by Dipak D. Pore & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dipak D. Pore & Associates | FY 2023 | 137599W |
Shareholding
The shareholding of Padmaja Packaging Industries Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmaja Packaging Industries Ltd, buy the company report.
Charges & borrowings
Open charges
₹95.75 Cr
Satisfied charges
₹34.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2023 | 100745133 | Others | ₹35.75 Cr | Open | |
| 21 Jun 2023 | 100745134 | Others | ₹60 Cr | Open | |
| 20 Nov 2021 | 100506689 | Others | ₹1 Cr | Satisfied | |
| 20 Nov 2021 | 100506697 | Others | ₹75 Lakh | Satisfied | |
| 20 Nov 2021 | 100507116 | Others | ₹74 Lakh | Satisfied |
To see the full charge records of Padmaja Packaging Industries Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
Padmaja Packaging Industries Ltd has 13 court cases on record: 7 filed by Padmaja Packaging Industries, 6 filed against it. 6 cases are pending and 7 are disposed.
Total cases
13
Filed by the company
7
Filed against the company
6
Pending
6
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 6 | 6 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Rivaansh Packaging Solutions Pvt Ltd Through Authorized Representative Mr Nitin Mahadev Varvadekar | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by Khakhi Papers LLP - Kaushik Rameshbhai Haraniya | Pending |
| District court, Kolhapur, Maharashtra | Court case (Civil M.A.) | Filed by the company against Semindia Systems Pvt Ltd. Bangalore and 2 others | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Civil M.A.) | Filed by the company against Smile Electronics Ltd Bangalore, Etc 6 and 5 others | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Civil M.A.) | Filed by the company against Quad Electronic Solutions Pvt Ltd, Hyderabad, Etc 4 | Disposed |
To see the full case history of Padmaja Packaging Industries Ltd, 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 Padmaja Packaging Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Padmaja Packaging Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP5805E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padmaja Packaging Industries Ltd, buy the company report.
Recent activity
Padmaja Packaging Industries Ltd has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Latif Sayyed Shaikh was appointed as Director on 10 Dec 2024.
Charges
A charge with Others of Rs. 60.00 Cr registered on 21 Jun 2023 with Charge ID 100745134 was modified on 15 Oct 2025.
Appointed
Latif Sayyed Shaikh was appointed as Director.
AGM
Padmaja Packaging Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Santosh Vasant Kunjeer ceased to be Managing Director.
Ceased
Amar Namdeorao Desai ceased to be Director.
Ceased
Hemantkumar Namdeorao Desai ceased to be Director.
Appointed
Ashwini Vikram Adagale was appointed as Director.
Ceased
Rupali Lalit Manwacharya ceased to be Director.
Ceased
Sakshi Ramesh Varma ceased to be Director.
Appointed
Sanjay Ligade Ramling was appointed as Director.
Ceased
Sanjay Ligade Ramling ceased to be Director.
Appointed
Vazir Shikalgar Azamuddin was appointed as Director.
35 earlier events are in the company report.
Frequently asked questions
Padmaja Packaging Industries is an active public limited company based in Kolhapur, Maharashtra, India. The company works in paper, within the packaging industry. It was incorporated on 09 July 1993 (33+ years old) and is registered under CIN U74950PN1993PLC072780.
Padmaja Packaging Industries has 4 current directors:
- Vazir Shikalgar Azamuddin - Director
- Sanjay Ligade Ramling - Director
- Latif Sayyed Shaikh - Director
- Ashwini Vikram Adagale - Director
The latest financial statements of Padmaja Packaging Industries 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 Padmaja Packaging Industries is 27AABCP5805E1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Padmaja Packaging Industries is U74950PN1993PLC072780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmaja Packaging Industries has 13 court cases on record: 7 filed by the company and 6 filed against it. 6 are pending.
Padmaja Packaging Industries was incorporated on 09 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Padmaja Packaging Industries by revenue are Riyo Parapack Private Limited, Mohan Boards Private Limited, Deco Mica Limited, Detpak India Private Limited, Shivani Flexipack Limited and 3 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).
Latif Sayyed Shaikh was appointed as Director on 10 Dec 2024. Santosh Vasant Kunjeer ceased to be Managing Director on 08 Jun 2024. Amar Namdeorao Desai ceased to be Director on 09 Apr 2024. Padmaja Packaging Industries has 14 board changes on record in total.
Yes, Padmaja Packaging Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0024093).
The registered office of Padmaja Packaging Industries is at Pravati Co Op Indl.Estateyadrav Tal Shirol, Kolhapur, Maharashtra, India.