MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0078276
Payal Packaging Private Limited - packaging in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.79 Cr
▲ 23% YoY
Net profit · FY 2024
₹26.96 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹46.99 Lakh
EBITDA margin 3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
229
Provident fund records
Directors on board
2
As per MCA filings
About Payal Packaging Private Limited
Data last updated:
Payal Packaging Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 27 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2015PTC082738. Its GSTIN is 24AAICP0757G1ZH (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Ranchhodbhai Bharwad and Mukeshkumar Ranchhodbhai Bharwad.
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 Plot No. 72 P Mukutnagar Village Manjusar Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.79 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹26.96 Lakh (net margin 2.1%) and EBITDA of ₹46.99 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 21% over five years.
The company has about 229 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Payal Packaging. Court records list 8 cases involving the company, including 8 filed against it.
Payal Packaging Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0078276). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payalpackaging.com.
Company details
CIN U74140GJ2015PTC082738
Registration Number 082738
Incorporation Date 27 March 2015
ROC Ahmedabad
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-GJ-01-0078276
Recognitions & Rankings of Payal Packaging
Contact details
Payal Packaging Private Limited's registered office is in Vadodara, Gujarat. Its website is payalpackaging.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 72 P Mukutnagar Village Manjusar Savli, Vadodara, Gujarat, India – 391775
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Payal Packaging Private Limited, buy the company report.
Comprehensive company report
Payal Packaging Private 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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Brands
Payal Packaging operates one associated brand: Payal Packaging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Labour management and packaging services provided in India. | payalpackaging.com |
Business activity
The main business activity of Payal Packaging is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Payal Packaging Private Limited, buy the company report.
Financials of Payal Packaging Private Limited
FY 2024 filings availablePayal Packaging Private Limited reported revenue of ₹12.79 Cr (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹12.79 Cr ▲ 23%
Net profit · FY 2024
₹26.96 Lakh margin 2.1%
EBITDA · FY 2024
₹46.99 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 10%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 147%
3 years · compounded
▲ 31%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 23% growth in the latest year. EBITDA rose 147% 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 |
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| Total Expenses | |||||
| EBITDA | ₹46.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Payal Packaging Private Limited, buy the company report.
Board of directors of Payal Packaging Private Limited
Payal Packaging has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Ranchhodbhai Bharwad Also directs: Bambha Mining Corporation LLP | Director | 27 Mar 2015 | 11 Years 7 Months | Current |
| Mukeshkumar Ranchhodbhai Bharwad Also directs: Bambha Mining Corporation LLP | Director | 27 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Payal Packaging Private Limited is audited by CHINTAN SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTAN SHAH & ASSOCIATES | FY 2023 | 131248W |
Shareholding
The shareholding of Payal Packaging 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 Payal Packaging Private Limited, buy the company report.
Legal cases
Payal Packaging Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Total cases
8
Filed against the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (3 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by R.S.Gamit Govt. Labour Officer | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Payal Packaging 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
No delayed payments to MSME suppliers are on our record for Payal Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payal Packaging Private Limited has a workforce of 229 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
229
Active EPFO establishments
1
Employee growth
-2.55%
GST
Payal Packaging has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP0757G1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Payal Packaging Private Limited, buy the company report.
Recent activity
Payal Packaging Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Ashok Ranachhod Bharvad ceased to be Director on 30 Jun 2023.
AGM
Payal Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Payal Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Ashok Ranachhod Bharvad ceased to be Director.
Ceased
Ramesh Ranchodbhai Bharwad ceased to be Director.
Appointed
Mukeshkumar Ranchhodbhai Bharwad was appointed as Director.
Appointed
Rakesh Ranchhodbhai Bharwad was appointed as Director.
Incorporation
27 Mar 2015
Payal Packaging Private Limited was registered on 27 Mar 2015 with Roc Ahmedabad & aged 11 years 7 months as per MCA records.
Frequently asked questions
Payal Packaging is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 27 March 2015 (11+ years old) and is registered under CIN U74140GJ2015PTC082738.
Payal Packaging has 2 current directors:
- Rakesh Ranchhodbhai Bharwad - Director
- Mukeshkumar Ranchhodbhai Bharwad - Director
The latest financial statements of Payal Packaging 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 Payal Packaging is 24AAICP0757G1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Payal Packaging is U74140GJ2015PTC082738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payal Packaging has 8 court cases on record: 8 filed against it.
Payal Packaging was incorporated on 27 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashok Ranachhod Bharvad ceased to be Director on 30 Jun 2023. Ramesh Ranchodbhai Bharwad ceased to be Director on 30 Jun 2023. Mukeshkumar Ranchhodbhai Bharwad was appointed as Director on 27 Mar 2015. Payal Packaging has 4 board changes on record in total.
Yes, Payal Packaging is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0078276).
Payal Packaging can be reached through the website payalpackaging.com. Its registered office is in Vadodara, Gujarat, India.
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