About Payper Bagging India Private Limited
Data last updated:
Payper Bagging India Private Limited is a private limited company based in Mulshi, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 04 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2012PTC143273. Its GSTIN is 27AAGCP5871K1ZV (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Maria Del Pilar Sanz Lopez and Ravindra Kulkarni Hanumant.
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 Mulshi, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.7 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹71.46 Lakh (net margin 3.6%) and EBITDA of ₹2.08 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 25% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payperindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSr. No 529 Plot Shed B, A/P Ghotawade, Mulshi, Maharashtra, India – 412115
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
- 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
Business Activity of Payper Bagging India Private Limited
The main business activity of Payper Bagging India is manufacturing. In detail, this covers repair and installation of machinery and equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 33 | Repair and installation of machinery and equipment | 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.
Financials of Payper Bagging India Private Limited FY 2025 filings available
Payper Bagging India Private Limited reported revenue of ₹19.7 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Payper Bagging India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 11% growth in the latest year. EBITDA rose 13% 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 Payper Bagging India Private 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 | ₹2.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹71.46 Lakh | •••• | •••• | •••• | •••• |
| 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 Payper Bagging India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Payper Bagging India 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.
Peer Comparison of Payper Bagging India Private Limited
Payper Bagging India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Testing Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avantech Engineering Consortium Private Limited | ₹20 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | New Delhi, Delhi, India |
| Machine Max India Private Limited | ₹19.91 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Hyderabad, Telangana, India |
| Mirrant Automation Private Limited | ₹19.84 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Patancheru, Telangana, India |
| Crest Test Systems Private Limited | ₹19.76 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Pune, Maharashtra, India |
| B M Meters Private Limited | ₹19.71 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Jalandhar, Punjab, India |
| Payper Bagging India Private Limited this company | ₹19.7 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mulshi, Maharashtra, India |
| Tintometer India Private Limited | ₹19.4 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| MK Teknology1 Private Limited | ₹19.38 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Minco (India) Flow Elements Private Limited | ₹19.29 Cr (FY 2024) | •••• | •••• | 74.0% | •••• | Mumbai, Maharashtra, India |
| Procyon Techsolutions Private Limited | ₹19.18 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Bengaluru, Karnataka, India |
| Pascal Industrial Equipments Manufacturing & Consultancy Pvt. Ltd. | ₹18.8 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Payper Bagging India by revenue in the Machinery and Equipment industry (Testing Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Payper Bagging India Private Limited
Payper Bagging India Private Limited is audited by Kishore S. Mehta & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kishore S. Mehta & Associates | 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 of Payper Bagging India Private Limited
Payper Bagging India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maria Del Pilar Sanz Lopez | Director | 20 Jul 2012 | 14 Years 2 Months | Current |
| Ravindra Kulkarni Hanumant | Director | 04 May 2012 | 14 Years 5 Months | Current |
| Juan Manuel Sanz Lopez | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Godia Jose Maria | Director | 21 Oct 2020 | 5 Years 11 Months | Current |
| Prakash Shinde Shivram Also directs: Indpro Bagging Systems Private Limited | Director | 04 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Payper Bagging India Private 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 Payper Bagging India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2026 | Others | ₹4 Cr | Open |
| 20 Mar 2014 | Bank of India | ₹1 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Payper Bagging India Private Limited
Payper Bagging India Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 200 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kakade Laser | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Super Steel Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Payper Bagging India Private Limited
Payper Bagging India Private Limited has a workforce of 34 employees as of Dec 30, 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.
Recent Activity on Payper Bagging India Private Limited
Payper Bagging India Private Limited has 7 board changes on record since 2012: 5 appointments and 2 cessations. The latest: Godia Jose Maria was appointed as Director on 21 Oct 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Payper Bagging India Private 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.
Subsidiaries & Group Companies of Payper Bagging India Private 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.
GST Compliance of Payper Bagging India Private Limited
Payper Bagging India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP5871K1ZV | Maharashtra | 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.
MCA Filings & Documents of Payper Bagging India Private 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.
Frequently Asked Questions about Payper Bagging India Private Limited
Payper Bagging India is an active private limited company based in Mulshi, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 04 May 2012 (14+ years old) and is registered under CIN U74900PN2012PTC143273.
Payper Bagging India reported revenue of ₹19.7 Cr for FY 2025 (up 11% YoY).
Payper Bagging India has 5 current directors:
- Maria Del Pilar Sanz Lopez - Director
- Ravindra Kulkarni Hanumant - Director
- Juan Manuel Sanz Lopez - Director
- Godia Jose Maria - Director
- Prakash Shinde Shivram - Director
Payper Bagging India reported a net profit of ₹71.46 Lakh (net margin 3.6%) and EBITDA of ₹2.08 Cr (EBITDA margin 10.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Payper Bagging India is 39% over three years and 25% 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 Payper Bagging India is 27AAGCP5871K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Payper Bagging India is U74900PN2012PTC143273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payper Bagging India was incorporated on 04 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Payper Bagging India by revenue are Avantech Engineering Consortium Private Limited, Machine Max India Private Limited, Mirrant Automation Private Limited, Crest Test Systems Private Limited, B M Meters Private Limited and 5 more, all in the Machinery and Equipment industry (Testing Equipment).
Godia Jose Maria was appointed as Director on 21 Oct 2020. Angel Rossell Roig ceased to be Director on 24 Apr 2019. Juan Manuel Sanz Lopez was appointed as Director on 05 Oct 2018. Payper Bagging India has 7 board changes on record in total.
Payper Bagging India has 3 MSME Form 1 returns on record between 2019 and 2021, listing 200 overdue payments to 40 micro and small suppliers. The latest return was filed on 14 Aug 2021.
Payper Bagging India can be reached through the website payperindia.com. Its registered office is in Mulshi, Maharashtra, India.