About Palode Paper Mills Limited
Data last updated:
Palode Paper Mills Limited is a public limited company based in Thiruvananthapuram, Kerala, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 14 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U21012KL1992PLC006348. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Palode Paper Mills Private Limited. It is led by directors including Jijo Thomas and Joseph Thomas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P B No 1246 Chalakuzhy Buildings Perurkada, Thiruvananthapuram, Kerala, India – 695005.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.68 Lakh. For the same year it recorded a net loss of ₹14.94 Cr and EBITDA of ₹3.87 Lakh (EBITDA margin 30.5%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
As per MCA filings, the company has open charges of ₹1.6 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palodepapermills.com.
Company details
Contact details
Palode Paper Mills Limited's registered office is in Thiruvananthapuram, Kerala. Its website is palodepapermills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP B No 1246 Chalakuzhy Buildings Perurkada, Thiruvananthapuram, Kerala, India – 695005
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Palode Paper Mills 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
Financials of Palode Paper Mills Limited
FY 2025 filings availablePalode Paper Mills Limited reported revenue of ₹12.68 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over three years. EBITDA rose 120% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.94 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | |||||
| 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 Palode Paper Mills Limited, buy the company report.
Board of directors of Palode Paper Mills Limited
Palode Paper Mills has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jijo Thomas Also directs: Ponmudy Paper Mills Pvt Ltd | Director | 29 Sep 2001 | 25 Years 1 Months | Current |
| Joseph Thomas Also directs: Ponmudy Paper Mills Pvt Ltd | Director | 30 Sep 1997 | 29 Years 1 Months | Current |
| Philomina Joseph Also directs: Ponmudy Paper Mills Pvt Ltd | Director | 14 Jan 1992 | 34 Years 9 Months | Current |
Peer comparison
Palode Paper Mills Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paper), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paper Exim Private Limited | ₹13.82 Lakh (FY 2025) | -92.0% | Ahmedabad, Gujarat, India | |||
| Ram Palat Papers Private Limited | ₹13.67 Lakh (FY 2020) | -90.0% | Barabanki, Uttar Pradesh, India | |||
| Sardar Paper Mills Private Limited | ₹13.52 Lakh (FY 2019) | -79.0% | Vajepar, Gujarat, India | |||
| Kanishka Paper and Pulp Private Limited | ₹13.39 Lakh (FY 2024) | 3.0% | Telangana, India | |||
| RJMS Paper Private Limited | ₹13.25 Lakh (FY 2024) | -11.0% | Vasai, Maharashtra, India | |||
| Palode Paper Mills Limitedthis company | ₹12.68 Lakh (FY 2025) | -₹14.94 Cr | Thiruvananthapuram, Kerala, India | |||
| Bikash and Surajit Paper Bag Manufacturing Private Limited | ₹12.57 Lakh (FY 2020) | -52.0% | Maynaguri, West Bengal, India | |||
| Zera Green Packaging and Exports Private Limited | ₹12.44 Lakh (FY 2025) | 1329.0% | Thrissur, Kerala, India | |||
| Tricity Ink & Paper Private Limited | ₹12.28 Lakh (FY 2017) | -50.0% | Chandigarh, India | |||
| Omm Sai Paper Works Private Limited | ₹12.21 Lakh (FY 2025) | 46.0% | Burdwan, West Bengal, India | |||
| Kohinoor Pulp & Paper Private Limited | ₹12.02 Lakh (FY 2025) | -64.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Palode Paper Mills Limited, buy the company report.
Auditor
Palode Paper Mills Limited is audited by SRIDHAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIDHAR & CO | FY 2022 | 003978S |
Shareholding
The shareholding of Palode Paper Mills Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palode Paper Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2000 | 90017972 | State Bank of Travancore | ₹15 Lakh | Open | |
| 30 Dec 1997 | 90017019 | Kerala Financial Corporation | ₹40 Lakh | Open | |
| 10 Sep 1997 | 90016935 | State Bank of Travancore | ₹60 Lakh | Open | |
| 10 Jan 1996 | 90016508 | Kerala Financial Corporation | ₹45 Lakh | Open |
To see the full charge records of Palode Paper Mills Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Palode Paper Mills Limited has 9 court cases on record: 7 filed by Palode Paper Mills, 2 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Shalimar Wires Indst. Ltd. (Rep.Dinesh Sharka | Pending |
| High Court | Writ petition | Filed by the company against Board of Industrial and Financial Construction and 4 others | Disposed |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by Ms. Arujun Chemicals Pvt. Ltd | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala Rep.By Its Chief Secreta and 5 others | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 4 others | Disposed |
To see the full case history of Palode Paper Mills 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 Palode Paper Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Palode Paper Mills Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Palode Paper Mills has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palode Paper Mills Limited, buy the company report.
Recent activity
Palode Paper Mills Limited has 3 board changes on record since 1992: 3 appointments. The latest: Jijo Thomas was appointed as Director on 29 Sep 2001.
Frequently asked questions
Palode Paper Mills is an active public limited company based in Thiruvananthapuram, Kerala, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 14 January 1992 (34+ years old) and is registered under CIN U21012KL1992PLC006348.
Palode Paper Mills has 3 current directors:
- Jijo Thomas - Director
- Joseph Thomas - Director
- Philomina Joseph - Director
The latest financial statements of Palode Paper Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Palode Paper Mills has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Palode Paper Mills is U21012KL1992PLC006348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palode Paper Mills has 9 court cases on record: 7 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Palode Paper Mills was incorporated on 14 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Palode Paper Mills by revenue are Paper Exim Private Limited, Ram Palat Papers Private Limited, Sardar Paper Mills Private Limited, Kanishka Paper and Pulp Private Limited, RJMS Paper Private Limited and 5 more, all in the Manufacturing industry (Paper).
Jijo Thomas was appointed as Director on 29 Sep 2001. Joseph Thomas was appointed as Director on 30 Sep 1997. Philomina Joseph was appointed as Director on 14 Jan 1992.
Palode Paper Mills can be reached through the website palodepapermills.com. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Palode Paper Mills is at P B No 1246 Chalakuzhy Buildings Perurkada, Thiruvananthapuram, Kerala, India – 695005.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
