MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-10-0000189
Permali Wallace Private Limited - manufacturing in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹134.25 Cr
▲ 29% YoY
Net profit · FY 2025
₹13.85 Cr
Net margin 10.3%
EBITDA · FY 2025
₹27.73 Cr
EBITDA margin 20.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11 Cr
Issued & subscribed
Open charges
₹112.35 Cr
Satisfied ₹73.96 Cr
Company age
65 yrs
Est. 1961
Employees · EPFO
177
Provident fund records
About Permali Wallace Private Limited
Data last updated:
Permali Wallace Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 17 August 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U02001MP1961PTC000927. Its GSTIN is 23AABCP7557R1ZR (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11 Cr. It was formerly known as Permali Wallace Limited. It is led by directors including Mahesh Vithaldas (Whole-Time Director) and Kunal Subhash Merchant (Whole-Time Director).
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 Hoshangabad Road Bhopal., Madhya Pradesh, India – 462011.
As per the financials filed for FY 2025, the company reported a revenue of ₹134.25 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹13.85 Cr (net margin 10.3%) and EBITDA of ₹27.73 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹112.35 Cr and satisfied charges of ₹73.96 Cr on record. Court records list 53 cases involving the company, including 37 filed by the company and 16 filed against it; 5 cases are pending.
Permali Wallace Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0000189). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website permaliwallace.com.
Company details
CIN U02001MP1961PTC000927
Registration Number 000927
Incorporation Date 17 August 1961
ROC Gwalior
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 Medium
Udyam Registration UDYAM-MP-10-0000189
Key People
Mahesh Vithaldas Whole-Time Director Kunal Subhash Merchant Whole-Time Director Bankim Hamir Vissanji Director Recognitions & Rankings of Permali Wallace
Contact details
Permali Wallace Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is permaliwallace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHoshangabad Road Bhopal., Madhya Pradesh, India – 462011
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Permali Wallace Private Limited, buy the company report.
Comprehensive company report
Permali Wallace 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Permali Wallace is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Permali Wallace Private Limited, buy the company report.
Financials of Permali Wallace Private Limited
FY 2024 filings availablePermali Wallace Private Limited reported revenue of ₹134.25 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹134.25 Cr ▲ 29%
Net profit · FY 2025
₹13.85 Cr margin 10.3%
EBITDA · FY 2025
₹27.73 Cr margin 20.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 21%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 30%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 29% growth in the latest year. EBITDA rose 94% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 10.3% | ||||
| 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 Permali Wallace Private Limited, buy the company report.
Board of directors of Permali Wallace Private Limited
Permali Wallace has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bankim Hamir Vissanji | Director | 18 Aug 2004 | 22 Years 2 Months | Current |
| Prashant Vasant Vithaldas Also directs: Ailex Media Services LLP | Director | 09 Mar 2023 | 3 Years 7 Months | Current |
| Mahesh Vithaldas | Whole-Time Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Kunal Subhash Merchant | Whole-Time Director | 10 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Permali Wallace Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samrat Plywood Limited | ₹138.26 Cr (FY 2025) | 16.0% | Chandigarh, India | |||
| Auro Sundram Ply and Door Private Limited | ₹137.67 Cr (FY 2025) | 0.0% | Roorkee, Uttarakhand, India | |||
| Adler Wood India Private Limited | ₹136.87 Cr (FY 2025) | -4.0% | Jagadhri, Haryana, India | |||
| Amar Splints Private Limited | ₹136.19 Cr (FY 2025) | -15.0% | Shamli, Uttar Pradesh, India | |||
| Permali Wallace Private Limitedthis company | ₹134.25 Cr (FY 2025) | ₹13.85 Cr | 10.3% | 29.0% | 177 | Bhopal, Madhya Pradesh, India |
| Smartpanel India Private Limited | ₹123.25 Cr (FY 2025) | 13.0% | Sangli, Maharashtra, India | |||
| Loghorn Industries Private Limited | ₹121.73 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Jai Gopal International Impex Private Limited | ₹118.95 Cr (FY 2025) | -2.0% | Bahadurgarh, Haryana, India |
To see the full peer comparison of Permali Wallace Private Limited, buy the company report.
Auditor
Permali Wallace Private Limited is audited by PATEL VARMA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL VARMA & ASSOCIATES | FY 2022 | 009108C |
Shareholding
The shareholding of Permali Wallace 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Permali Wallace Private Limited, buy the company report.
Charges & borrowings
Open charges
₹112.35 Cr
Satisfied charges
₹73.96 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101125941 | Others | ₹12 Lakh | Open | |
| 27 Jun 2025 | 101125935 | Others | ₹9 Cr | Open | |
| 27 Jun 2025 | 101125936 | Others | ₹2 Cr | Open | |
| 17 May 2025 | 101099172 | Others | ₹17.15 Cr | Open | |
| 01 Jan 2025 | 101029800 | Yes Bank Limited | ₹35 Cr | Open |
To see the full charge records of Permali Wallace Private Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Permali Wallace Private Limited has 53 court cases on record: 37 filed by Permali Wallace, 16 filed against it. 5 cases are pending and 48 are disposed.
Total cases
53
Filed by the company
37
Filed against the company
16
Pending
5
Disposed
48
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 40 | 15 | 3 |
| Supreme Court | 7 | 1 | 0 |
| District courts | 4 | 0 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed by the company against Narmada Forest Industries Private Limited and 3 others | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against Narbada Forest Industries Pvt.Ltd. | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Mafatlal Industries Limited | Pending |
| High Court, GUJARAT | Court case (OJA) | Filed against the company by Apex Electricals Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against CG Power and Industrial Solutions Ltd. | Disposed |
To see the full case history of Permali Wallace 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
Permali Wallace Private Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 2,208 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fibre Glass Insulation | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Capri Paints |
To see the full MSME payment records of Permali Wallace Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Permali Wallace Private Limited has a workforce of 177 employees on its EPFO records as of Sep 04, 2024, across 1 active EPFO establishment.
Employee count
177
Active EPFO establishments
1
Employee growth
-3.8%
GST
Permali Wallace has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCP7557R1ZR | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Permali Wallace Private Limited, buy the company report.
Recent activity
Permali Wallace Private Limited has 11 board changes on record since 2004: 4 appointments and 7 cessations. The latest: Prashant Vasant Vithaldas ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Others of Rs. 9.00 Cr registered on 27 Jun 2025 with Charge ID 101125935 was modified on 20 Aug 2025.
Charges
A charge with Others of Rs. 17.15 Cr registered on 17 May 2025 with Charge ID 101099172 was modified on 20 Aug 2025.
Charges
A charge with Others of Rs. 0.56 Cr registered on 08 Oct 2020 with Charge ID 100381102 was modified on 20 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101125941 was registered on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101125936 was registered on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 101125935 was registered on 27 Jun 2025.
Charges
A charge with Others of Rs. 12.67 Cr registered on 26 May 2010 with Charge ID 10219613 was modified on 21 May 2025.
Charges
A charge with Others amounted to Rs. 17.15 Cr with Charge ID 101099172 was registered on 17 May 2025.
Charges
A charge with Others of Rs. 26.70 Cr registered on 10 Sep 2010 with Charge ID 10241027 was modified on 17 May 2025.
Charges
A charge with Yes Bank Limited of Rs. 35.00 Cr registered on 01 Jan 2025 with Charge ID 101029800 was modified on 09 Apr 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 101029800 was registered on 01 Jan 2025.
AGM
Permali Wallace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
82 earlier events are in the company report.
Frequently asked questions
Permali Wallace is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 17 August 1961 (65+ years old) and is registered under CIN U02001MP1961PTC000927.
Permali Wallace has 4 current directors:
- Mahesh Vithaldas - Whole-Time Director
- Kunal Subhash Merchant - Whole-Time Director
- Bankim Hamir Vissanji - Director
- Prashant Vasant Vithaldas - Director
The latest financial statements of Permali Wallace 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 Permali Wallace is 23AABCP7557R1ZR, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Permali Wallace is U02001MP1961PTC000927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Permali Wallace has 53 court cases on record: 37 filed by the company and 16 filed against it. 5 are pending. Most are in the high courts.
Permali Wallace was incorporated on 17 August 1961, making it 65+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Permali Wallace by revenue are Samrat Plywood Limited, Auro Sundram Ply and Door Private Limited, Adler Wood India Private Limited, Amar Splints Private Limited, Smartpanel India Private Limited and 2 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Prashant Vasant Vithaldas ceased to be Additional Director on 29 Sep 2023. Prashant Vasant Vithaldas was appointed as Director on 09 Mar 2023. Kunal Subhash Merchant was appointed as Whole-Time Director on 10 May 2019. Permali Wallace has 11 board changes on record in total.
Yes, Permali Wallace is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-10-0000189).
Permali Wallace has 20 MSME Form 1 returns on record between 2019 and 2024, listing 2,208 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Permali Wallace can be reached through the website permaliwallace.com. Its registered office is in Bhopal, Madhya Pradesh, India.