Panamax Limited

Panamax Limited - packaging in Delhi, India. FY 2026 financials & compliance.
CIN U74950DL2020PLC374865 Incorporated 22 December 2020 ROC Delhi HQ Delhi, India
Active Public Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2025
₹211.72 Cr
▲ 21% YoY
Net profit · FY 2025
₹2.43 Cr
Net margin 1.1%
EBITDA · FY 2025
₹9.27 Cr
EBITDA margin 4.4%
Authorised capital
₹6.11 Cr
Registered with MCA
Paid-up capital
₹5.11 Cr
Issued & subscribed
Open charges
₹71.24 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
143
Provident fund records

About Panamax Limited

Data last updated:

Panamax Limited is a public limited company based in Delhi, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 22 December 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74950DL2020PLC374865. Its GSTIN is 07AALCP6741K1ZX (Delhi). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹6.11 Cr and a paid-up capital of ₹5.11 Cr. It is led by directors including Nipun Singla and Chetan Singla.

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 154/594 &154/595 Ground Floor Village Pooth Khurd Ext. Nr Firni Road, Delhi, India – 110039.

As per the financials filed for FY 2025, the company reported a revenue of ₹211.72 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.43 Cr (net margin 1.1%) and EBITDA of ₹9.27 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.

The company has about 143 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹71.24 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.

Panamax Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0009334). For more details, the company can be reached via its website panamax.co.in.

Company details

CIN U74950DL2020PLC374865
Registration Number 374865
Incorporation Date 22 December 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-DL-11-0009334
Key People
Nipun Singla Director Chetan Singla Director Monika Singla Director

Recognitions & Rankings of Panamax

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-11-0009334

Contact details

Panamax Limited's registered office is in Delhi, Delhi. Its website is panamax.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    panamax.co.in
  • Social Media
  • Registered Address
    154/594 &154/595 Ground Floor Village Pooth Khurd Ext. Nr Firni Road, Delhi, India – 110039
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Panamax Limited, buy the company report.

Comprehensive company report
Panamax 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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Secure checkout · GST invoice included

Business activity

The main business activity of Panamax 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 Panamax Limited, buy the company report.

Financials of Panamax Limited

FY 2025 filings available

Panamax Limited reported revenue of ₹211.72 Cr (up 21% YoY) for FY 2025.

Revenue · FY 2025
₹211.72 Cr ▲ 21%
Net profit · FY 2025
₹2.43 Cr margin 1.1%
EBITDA · FY 2025
₹9.27 Cr margin 4.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 24%

Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 21% growth in the latest year. EBITDA rose 38% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹9.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.43 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.4%
Net Profit Margin1.1%
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 Panamax Limited, buy the company report.

Board of directors of Panamax Limited

Panamax has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nipun SinglaDirector08 Feb 20251 Years 8 MonthsCurrent
Chetan Singla
Also directs: Honor Optics Technology India Private Limited, Panamax Tapes Private Limited, Shashi Prabha Properties Private Limited
Director22 Dec 20205 Years 10 MonthsCurrent
Monika Singla
Also directs: Honor Optics Technology India Private Limited, Panamax Tapes Private Limited, Shashi Prabha Properties Private Limited
Director22 Dec 20205 Years 10 MonthsCurrent
View all directors

Auditor

Panamax Limited is audited by JAIN MITTAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
JAIN MITTAL & CO.FY 2023024873N

Shareholding

The shareholding of Panamax Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Panamax Limited, buy the company report.

Charges & borrowings

Open charges
₹71.24 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹63.39 Cr
Others₹7.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2024100964705Others₹65 LakhOpen
30 Dec 2021100528996Others₹7.2 CrOpen
20 Oct 2021100502045Hdfc Bank Limited₹63.39 CrOpen

To see the full charge records of Panamax Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

Employees & EPFO

Panamax Limited has a workforce of 143 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
143
Active EPFO establishments
1
Employee growth
11.72%

GST

Panamax has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AALCP6741K1ZXDelhiActive24 Feb 2021
27AALCP6741K1ZVMaharashtraActive16 Apr 2021
06AALCP6741K1ZZHaryanaActive17 Nov 2021

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

Recent activity

Panamax Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Nipun Singla was appointed as Director on 08 Feb 2025.

AGM
Panamax Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 63.39 Cr registered on 20 Oct 2021 with Charge ID 100502045 was modified on 15 Jul 2025.
Filing
Panamax Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Nipun Singla was appointed as Director.
Ceased
Tanishka Singla ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100964705 was registered on 30 May 2024.
Ceased
Nipun Singla ceased to be Director.
Charges
A charge with Others amounted to Rs. 7.20 Cr with Charge ID 100528996 was registered on 30 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 63.39 Cr with Charge ID 100502045 was registered on 20 Oct 2021.
Appointed
Chetan Singla was appointed as Director.
Appointed
Monika Singla was appointed as Director.
Appointed
Tanishka Singla was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Panamax is an active public limited company based in Delhi, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 22 December 2020 (6+ years old) and is registered under CIN U74950DL2020PLC374865.

Panamax has 3 current directors:

The latest financial statements of Panamax 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 FY 2021 are in the company report.

The GSTIN of Panamax is 07AALCP6741K1ZX, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AALCP6741K1ZV (Maharashtra), 06AALCP6741K1ZZ (Haryana).

The CIN (Corporate Identification Number) of Panamax is U74950DL2020PLC374865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panamax has 3 court cases on record: 3 filed by the company. 3 are pending. Most are in the district courts.

Panamax was incorporated on 22 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.

Nipun Singla was appointed as Director on 08 Feb 2025. Tanishka Singla ceased to be Director on 08 Feb 2025. Nipun Singla ceased to be Director on 08 Jun 2023. Panamax has 6 board changes on record in total.

Yes, Panamax is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-11-0009334).

Panamax can be reached through the website panamax.co.in. Its registered office is in Delhi, India.