About Parikh Flexibles Private Limited
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Parikh Flexibles Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Parikh Packaging Private Limited. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 10 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2017PTC098229. Its GSTIN is 24AAJCP3026D1ZU (Gujarat).
The company has an authorised share capital of ₹5.6 Cr and a paid-up capital of ₹4.99 Cr. It is led by directors including Nitin Vasudeo Narkhede and Manoj Kumar.
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 M/S Parikh Packaging Private Limited Opp. Rotomac Pens Moraiya, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹209.95 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net loss of ₹10.21 Cr (net margin -4.9%) and EBITDA of ₹3.79 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 69% over five years.
The company has about 116 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in December 2020. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Ebullient Packaging Private Limited with revenue of ₹214 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 53 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parikhpackaging.in.
Company details
Contact details
Parikh Flexibles Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parikhpackaging.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressM/S Parikh Packaging Private Limited Opp. Rotomac Pens Moraiya, Ahmedabad, Gujarat, India – 382213
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Parikh Flexibles Private 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
Business activity
The main business activity of Parikh Flexibles is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Parikh Flexibles Private Limited, buy the company report.
Financials of Parikh Flexibles Private Limited
FY 2025 filings availableParikh Flexibles Private Limited reported revenue of ₹209.95 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 72% growth in the latest year. EBITDA rose 409% 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 |
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| EBITDA | ₹3.79 Cr | ||||
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| Net Profit (PAT) | -₹10.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | -4.9% | ||||
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To see the full financial statements and ratios of Parikh Flexibles Private Limited, buy the company report.
Board of directors of Parikh Flexibles Private Limited
Parikh Flexibles has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Vasudeo Narkhede Also directs: Creative Polypack Private Limited | Director | 16 Jun 2023 | 3 Years 4 Months | Current |
| Manoj Kumar Also directs: Creative Polypack Private Limited, Aparna Paper Processing Industry Pvt Ltd, Parikh Packaging Private Limited and 3 more | Director | 30 Dec 2024 | 1 Years 9 Months | Current |
| Deepak Ganjoo Also directs: Creative Polypack Private Limited | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Parikh Flexibles Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ebullient Packaging Private Limited | ₹214 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Venkateshwara Flexo-Pack Private Limited | ₹212.51 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Shree Tirupati Balajee Fibc Limited | ₹212.15 Cr (FY 2025) | 30.0% | Pithampur, Madhya Pradesh, India | |||
| Parikh Flexibles Private Limitedthis company | ₹209.95 Cr (FY 2025) | -₹10.21 Cr | -4.9% | 72.0% | 116 | Ahmedabad, Gujarat, India |
| Bulk Liquid Solutions Private Limited | ₹208.26 Cr (FY 2025) | 43.0% | Bangalore, Karnataka, India | |||
| Euphoria Packaging Private Limited | ₹207.85 Cr (FY 2025) | 8.0% | Sanand, Gujarat, India | |||
| Pradeep Laminators Private Limited | ₹203.11 Cr (FY 2025) | 25.0% | Pune, Maharashtra, India |
To see the full peer comparison of Parikh Flexibles Private Limited, buy the company report.
Auditor
Parikh Flexibles Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 117365W |
Shareholding
The shareholding of Parikh 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 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 Parikh Flexibles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2023 | 100774548 | The Hongkong and Shanghai Banking Corporation Limited | ₹16.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Parikh Flexibles Private Limited has 1 deal on record (1 rights issue); the latest was in December 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹97.51 Cr | Investors: Parikh Packaging Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Parikh Flexibles Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
To see the full case history of Parikh Flexibles Private 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
Parikh Flexibles Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 53 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Soparkar & Kothari Technologies Private Limited | |||
| Energy Beverages Private Limited | |||
| Aldee Water Private Limited | |||
| Michelman Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Parikh Flexibles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Parikh Flexibles Private Limited has a workforce of 116 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Parikh Flexibles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP3026D1ZU | Gujarat | Active | 12 Jan 2018 |
To see the full GST registrations and return filing status of Parikh Flexibles Private Limited, buy the company report.
Recent activity
Parikh Flexibles Private Limited has 18 board changes on record since 2018: 3 appointments and 15 cessations. The latest: Manoj Kumar was appointed as Director on 30 Dec 2024.
10 earlier events are in the company report.
Frequently asked questions
Parikh Flexibles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 10 July 2017 (9+ years old) and is registered under CIN U25199GJ2017PTC098229.
Parikh Flexibles has 3 current directors:
- Nitin Vasudeo Narkhede - Director
- Manoj Kumar - Director
- Deepak Ganjoo - Director
The latest financial statements of Parikh Flexibles 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 2018 are in the company report.
The GSTIN of Parikh Flexibles is 24AAJCP3026D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Parikh Flexibles is U25199GJ2017PTC098229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parikh Flexibles has 1 court case on record: 1 filed against it. 1 is pending.
Parikh Flexibles was incorporated on 10 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Parikh Flexibles has 1 deal on record (1 rights issue); the latest was in December 2020.
The peers of Parikh Flexibles by revenue are Ebullient Packaging Private Limited, Venkateshwara Flexo-Pack Private Limited, Shree Tirupati Balajee Fibc Limited, Bulk Liquid Solutions Private Limited, Euphoria Packaging Private Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manoj Kumar was appointed as Director on 30 Dec 2024. Manoj Kumar ceased to be Additional Director on 30 Dec 2024. Ashish Sugandh Modak ceased to be Additional Director on 20 Nov 2024. Parikh Flexibles has 18 board changes on record in total.
Parikh Flexibles has 10 MSME Form 1 returns on record between 2019 and 2024, listing 53 overdue payments to 33 micro and small suppliers. The latest return was filed on 17 Apr 2024.
Parikh Flexibles can be reached through the website parikhpackaging.in. Its registered office is in Ahmedabad, Gujarat, India.