About Paswara Papers Limited
Data last updated:
Paswara Papers Limited is a public limited company based in Meerut, Uttar Pradesh, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 17 November 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U21015UP1980PLC005134. Its GSTIN is 09AAACP9539Q1ZI (Uttar Pradesh).
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹66.79 Cr. It was formerly known as Paswara Papers Private Limited. It is led by directors including Arvind Kumar (Managing Director) and Vinod Kumar (Whole-Time Director).
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 Meerut, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹492.71 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹9.67 Cr (net margin 2%) and EBITDA of ₹56.8 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paswara. As per MCA filings, the company has open charges of ₹194.61 Cr and satisfied charges of ₹425.47 Cr on record. Court records list 40 cases involving the company, including 26 filed by the company and 11 filed against it; 9 cases are 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 paswara.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPaswara Border NH – 34, Mohiuddinpur Delhi Road, Meerut, Uttar Pradesh, India – 250205
- IndustryManufacturing, Paper & Packaging Products
- 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
- One PDF report, delivered after checkout
Associated Brands with Paswara Papers Limited
Paswara Papers operates one associated brand: Paswara. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of paper bags, boxes, cartons, and other packaging products | paswara.com |
Business Activity of Paswara Papers Limited
The main business activity of Paswara Papers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Paswara Papers Limited
Paswara Papers Limited is audited by S. S. Gupta & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. S. Gupta & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Paswara Papers Limited
Paswara Papers Limited currently reports 6 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Also directs: Paswara Impex Limited, Paswara Chemicals Limited | Managing Director | 17 Nov 1980 | 45 Years 10 Months | Current |
| Vinod Kumar | Whole-Time Director | 29 Sep 1982 | 44 Years 0 Months | Current |
| Kapil Kumar Also directs: Paswara Impex Limited, Paswara Chemicals Limited | Whole-Time Director | 01 Mar 1993 | 33 Years 7 Months | Current |
| Rajni Agarwal | Director | 31 Aug 2018 | 8 Years 1 Months | Current |
| Aksheev Agarwal | Cfo | 01 Jun 2017 | 9 Years 4 Months | Current |
| Arpit Aggarwal Also directs: BPC Earthmovers India Private Limited | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Financials of Paswara Papers Limited FY 2025 filings available
Paswara Papers Limited reported revenue of ₹492.71 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Paswara Papers Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 11% growth in the latest year. EBITDA fell 6% 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 of Paswara Papers Limited
| 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 | ₹56.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.67 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 of Paswara Papers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Paswara Papers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Paswara Papers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Paswara Papers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2025 | Sidbi | ₹15 Cr | Open |
| 04 Dec 2024 | Others | ₹1.41 Cr | Open |
| 04 Jan 2024 | Others | ₹7 Lakh | Open |
| 20 Apr 2023 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 10 Aug 2022 | Others | ₹17 Lakh | Open |
Total charge records: 32 View all charges
Employees and EPFO Compliance at Paswara Papers Limited
Paswara Papers Limited has a workforce of 94 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Paswara Papers Limited
Paswara Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP9539Q1ZI | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Paswara Papers Limited
Paswara Papers Limited has 40 court cases on record: 26 filed by Paswara Papers, 11 filed against it, 3 where it is another party. 9 cases are pending and 31 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 6 | 2 |
| District courts | 18 | 5 | 7 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Meerut, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against Envirol Industries Private Limited | Pending |
| Allahabad High Court | Writ petition | Filed by the company against Pashchimanchal Vidyut Vitran Nigam Limited | Disposed |
| District court, East, Delhi | Civil suit | Filed against the company by State | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against Additional Commissioner, Central Goods and Service Tax and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (INS P) | Company is another party | Pending |
Full case history
All 40 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Paswara Papers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Paswara Papers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Paswara Papers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Paswara Papers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Paswara Papers Limited
Frequently Asked Questions about Paswara Papers Limited
Paswara Papers is an active public limited company based in Meerut, Uttar Pradesh, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 17 November 1980 (46+ years old) and is registered under CIN U21015UP1980PLC005134.
Paswara Papers reported revenue of ₹492.71 Cr for FY 2025 (up 11% YoY).
Paswara Papers has 7 current directors and KMP:
- Arvind Kumar - Managing Director
- Vinod Kumar - Whole-Time Director
- Kapil Kumar - Whole-Time Director
- Rajni Agarwal - Director
- Arpit Aggarwal - Director
- Raghav Garg - Director
- Aksheev Agarwal - Cfo
Paswara Papers reported a net profit of ₹9.67 Cr (net margin 2%) and EBITDA of ₹56.8 Cr (EBITDA margin 11.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paswara Papers is -7% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paswara Papers is 09AAACP9539Q1ZI, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Paswara Papers is U21015UP1980PLC005134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paswara Papers has 40 court cases on record: 26 filed by the company and 11 filed against it. 9 are pending. Most are in the high courts.
Paswara Papers was incorporated on 17 November 1980, making it 46+ years old. It is registered with the Registrar of Companies, Kanpur.