P G Foils Limited - environment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L27203GJ1979PLC008050 Incorporated 07 November 1979 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 526747 Public Limited Company environment
Data last updated
Market Cap
₹223 Cr
PGFOILQ · BSE
Share Price
₹185.70
-1.56% today
Revenue
₹318 Cr
FY 2025-26 · -35.3% YoY
EBITDA
−₹5.47 Cr
Margin -1.7%
Net Profit
−₹8.24 Cr
FY 2025-26 · -134.7% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹11.8 Cr
Issued & subscribed
Open charges
₹338 Cr
Satisfied ₹71.74 Cr

About P G Foils Limited

Data last updated:

P G Foils Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 November 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27203GJ1979PLC008050. Its GSTIN is 08AAACP9274C1ZD (Rajasthan). The company holds 9 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526747.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.8 Cr. It is led by directors including Pankaj P Shah (Managing Director) and Sahil Pankaj Shah (Whole-Time Director).

Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6 Neptune Towerashram Road, Ahmedabad, Gujarat, India – 380009.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹318.5 Cr, a decline of 35.3% compared to the previous year. For the same year it recorded a net loss of ₹8.24 Cr (net margin -2.6%) and EBITDA of -₹5.47 Cr (EBITDA margin -1.7%).

The company has about 403 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: PG Foils. As per MCA filings, the company has open charges of ₹338 Cr and satisfied charges of ₹71.74 Cr on record. Court records list 159 cases involving the company, including 119 filed by the company and 40 filed against it; 15 cases are pending. The company has 62 deals on record (61 market trades, 1 funding round), with disclosed funding of ₹19.07 Cr; the latest was in August 2026. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 41 overdue payments to 13 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 pgfoils.in.

Company details

CIN L27203GJ1979PLC008050
Registration Number 008050
Incorporation Date 07 November 1979
ROC Ahmedabad
Listing Status Listed - Listed on BSE (526747)
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

P G Foils has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27203GJ1979PLC008050, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27203GJ1979PLC008050Current
U27203GJ1985PLC008050Previous
U27203GJ1979PLC008050Previous

Contact details

P G Foils Limited's registered office is in Ahmedabad, Gujarat. Its website is pgfoils.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    6 Neptune Towerashram Road, Ahmedabad, Gujarat, India – 380009
  • Industry
    Environment, Solar Energy Solutions, Wind Energy Solutions

To see the full contact details of P G Foils Limited, buy the company report.

Comprehensive company report
P G Foils 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

Brands

P G Foils operates one associated brand: PG Foils. Each brand links to its own profile.

BrandDescriptionWebsite
Aluminium foils are manufactured by PG Foils in India.pgfoils.com

Business activity

The main business activity of P G Foils is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of P G Foils Limited, buy the company report.

Financials of P G Foils Limited

FY 2025-26 filings available

P G Foils Limited reported revenue of ₹318.5 Cr (down 35.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹318 Cr
-35.3% YoY
EBITDA
−₹5.47 Cr
-141.4% YoY
Profit After Tax
−₹8.24 Cr
-134.7% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue318492318339395252218
Revenue growth-35.3%+54.8%-6.3%-14.0%+56.4%+16.0%-
EBITDA(5.47)13.21(20.56)(7.25)44.1915.2110.19
EBITDA margin-1.7%+2.7%-6.5%-2.1%+11.2%+6.0%+4.7%
Profit before tax(7.04)31.6519.342.3962.8019.3815.64
Net profit(8.24)23.736.760.3946.3515.2817.38
Net profit margin-2.6%+4.8%+2.1%+0.1%+11.8%+6.1%+8.0%
EPS (₹)(6.99)20.4313.810.2051.1718.8318.44
Balance sheet
Total assets-390386415521358293
Net worth-338314284257179164
Total debt-50.7069.67128261175127
Cash & bank-16.622.5014.342.302.202.13
Net working capital-18918320625412480.77
Cash flow
Cash from operations-17.1920.6877.27(81.73)(31.68)(1.33)
Cash from investing-2.6342.4288.541.12(13.04)(25.44)
Cash from financing-(7.83)(74.24)(155)80.6844.7226.52
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12691.2971.8673.5581.80112151100
Revenue growth (YoY)+53.5%-18.3%-52.6%-26.7%-36.1%---
Other income18.46(9.70)6.86(1.64)19.92(6.47)5.4213.77
Total expenses12284.2774.8877.6287.19103142103
EBITDA3.187.02(3.02)(4.07)(5.39)8.319.10(3.12)
EBITDA margin+2.5%+7.7%-4.2%-5.5%-6.6%+7.4%+6.0%-3.1%
Depreciation1.331.651.541.531.493.121.001.00
Interest1.597.541.740.790.721.291.511.33
Profit before tax18.72(11.87)0.56(8.03)12.32(2.57)12.018.32
Tax4.38(2.14)0.340.003.002.251.431.46

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12691.2971.8673.5581.80112151100
Revenue growth (YoY)+53.5%-18.3%-52.6%-26.7%-36.1%---
Other income18.46(9.70)6.86(1.64)19.92(6.47)5.4213.77
Total expenses12284.2774.8877.6287.19103142103
EBITDA3.187.02(3.02)(4.07)(5.39)8.319.10(3.12)
EBITDA margin+2.5%+7.7%-4.2%-5.5%-6.6%+7.4%+6.0%-3.1%
Depreciation1.331.651.541.531.493.121.001.00
Interest1.597.541.740.790.721.291.511.33
Profit before tax18.72(11.87)0.56(8.03)12.32(2.57)12.018.32
Tax4.38(2.14)0.340.003.002.251.431.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue318492318339395252218
Revenue growth-35.3%+54.8%-6.3%-14.0%+56.4%+16.0%-
Other income15.4429.6649.8736.7828.5113.4118.59
Total expenses324479338346350237207
Employee cost0.0022.6126.9020.4019.8215.0514.69
EBITDA(5.47)13.21(20.56)(7.25)44.1915.2110.19
EBITDA margin-1.7%+2.7%-6.5%-2.1%+11.2%+6.0%+4.7%
Depreciation6.226.125.114.064.154.644.65
Interest10.795.104.8623.085.754.608.49
Profit before tax(7.04)31.6519.342.3962.8019.3815.64
Tax1.207.553.062.1816.244.100.67
Net profit(8.24)23.736.760.3946.3515.2817.38
Net profit margin-2.6%+4.8%+2.1%+0.1%+11.8%+6.1%+8.0%
EPS (₹)(6.99)20.4313.810.2051.1718.8318.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-11.8011.8010.889.108.128.12
Reserves & surplus-326301268248171156
Shareholders' funds (net worth)-338314284257179164
Secured loans-40.5364.24109222144126
Unsecured loans-10.175.4319.7839.1131.550.19
Total debt-50.7069.67128261175127
Total liabilities-390386415521358293
Assets
Gross block-148118114105102100
Net block-60.9737.3938.2832.7433.8437.04
Capital work in progress-0.2414.2613.680.692.222.18
Investments-140151156234195170
Inventories-89.5281.9810471.7156.2839.31
Sundry debtors-77.2575.6647.4846.9254.2956.95
Cash & bank balances-16.622.5014.342.302.202.13
Loans & advances-32.0842.0764.0915433.475.88
Total current assets-215202230275146104
Total current liabilities-26.8919.5923.9121.3922.3123.50
Net working capital-18918320625412480.77
Total assets-390386415521358293
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.1511.290.280.210.200.45
Net cash from operating activities-17.1920.6877.27(81.73)(31.68)(1.33)
Net cash from investing activities-2.6342.4288.541.12(13.04)(25.44)
Net cash from financing activities-(7.83)(74.24)(155)80.6844.7226.52
Net change in cash-11.98(11.14)11.010.070.01(0.24)
Closing cash-16.622.5014.342.302.202.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-35.3%+54.8%-6.3%-14.0%+56.4%+16.0%-
EBITDA growth-141.4%+164.3%-183.6%-116.4%+190.5%+49.3%-
PBT growth-+63.7%+709.2%-96.2%+224.1%+23.9%-25.7%
Net income growth-134.7%+251.0%+1633.3%-99.2%+203.3%-12.1%-
Revenue CAGR (3Y)-2.1%+7.6%+8.0%+16.0%+15.1%+0.7%-2.9%
EBITDA CAGR (3Y)-9.0%-33.1%--+74.1%+14.3%-9.6%
Profitability & leverage
Net income margin-2.6%+4.9%+5.1%+0.1%+11.8%+6.1%+6.9%
Return on capital employed-+9.5%+3.2%+7.4%+15.6%+7.4%+10.1%
Return on net worth-+7.4%+2.3%+0.2%+21.3%+8.9%+11.1%
Debt / equity-0.180.330.721.000.880.69
Long-term debt / equity-0.000.000.000.000.000.01
Interest cover-92.3071.93-18.93-204.0714.3643.52153.25
Efficiency & per share
Fixed asset turnover-3.702.743.103.832.502.20
Inventory turnover-5.743.413.856.175.286.16
Debtors turnover-6.435.167.197.804.543.65
EPS (₹)(6.99)20.4313.810.2051.1718.8318.44
Dividend per share (₹)0.000.000.000.002.000.000.00
Book value per share (₹)0.00286.29265.21255.93282.92221.15202.29

To see the full year-wise statements and ratios of P G Foils Limited, buy the company report.

Board of directors of P G Foils Limited

P G Foils has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sahil Pankaj ShahWhole-Time Director11 Aug 200719 Years 2 MonthsCurrent
Sakshi Sahil ShahDirector27 Mar 201511 Years 7 MonthsCurrent
Pankaj P ShahManaging Director17 Jan 200917 Years 9 MonthsCurrent
Narendrakumar Ambalal PorwalDirector12 Feb 20188 Years 8 MonthsCurrent
Amit AggarwalDirector14 Nov 20196 Years 11 MonthsCurrent
Sunil KatariaDirector30 Aug 20242 Years 2 MonthsCurrent

Auditor

P G Foils Limited is audited by Sharma Ashok Kumar And Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Sharma Ashok Kumar And AssociatesFY 2024005848C

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 54.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 45.60%.

Promoters: 54.40%Retail & Others: 45.60%
Mar 2026
QUARTER
54.40% Promoters
45.60% Retail & Others
Promoter holding - history
Now 54.40% · Mar 2026High 54.40% · Mar 2026Low 51.00% · Jun 2025
50%51.5%53%54.5%56%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 51.00%Sep 2025: 51.00%Dec 2025: 51.00%Mar 2026: 54.40%51.00%54.40%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters54.40%51.00%51.00%51.00%
Public45.60%49.00%49.00%49.00%

Charges & borrowings

Open charges
₹338 Cr
Satisfied charges
₹71.74 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹130.00 Cr
Idbi Bank Limited₹115.00 Cr
Others₹93.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Mar 2024100883454Hdfc Bank Limited₹5 CrOpen
09 Mar 2022100563284Hdfc Bank Limited₹45 CrOpen
26 Aug 2019100289256Others₹58 CrOpen
18 Oct 2018100222812Hdfc Bank Limited₹80 CrOpen
11 Aug 2018100224199Others₹35 CrOpen

To see the full charge records of P G Foils Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

P G Foils Limited has 62 deals on record (61 market trades, 1 funding round), with disclosed funding of ₹19.07 Cr; the latest was in August 2026.

Total deals
62
Market trades
61
Funding round
1
Disclosed funding
₹19.07 Cr

Deals on record (5 of 62)

WhenDealAmountParties
Aug 2026Market trade₹4.9 CrBuyer: Foils India Laminates Pvt. Ltd , Pipalia Cables and Wires Private Limited
Seller: Stone Colour Exim Private Ltd
Mar 2026Market trade₹4.33 CrBuyer: Foils India Laminates Pvt. Ltd
Seller: Stone Colour Exim Private Ltd
Mar 2026Market trade₹4.29 CrBuyer: Pipalia Cables and Wires Private Limited
Seller: Stone Colour Exim Private Ltd
Jan 2025Market trade₹4.89 CrBuyer: Rajasthan Global Securities Private Limited
Seller: an individual
Aug 2023Market trade₹4.76 CrBuyer: an individual
Seller: Vicco Products Bombay Pvt Ltd , an individual

To see the full deal history of P G Foils Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

P G Foils Limited was last rated by Care on 12 Dec 2022.

Rating agencyRated onRating
Care12 Dec 2022

To see the full credit ratings and regulatory alerts of P G Foils Limited, buy the company report.

MSME payment delays

P G Foils Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 41 overdue payments to 13 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 13)

SupplierAmount dueDue sinceReported on
an individual supplier
Subaash Electrical Private Limited
Relyon Softech Limited
PLT Industries Private Limited
Sidhant Spirals Private Limited

To see the full MSME payment records of P G Foils Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

P G Foils Limited has a workforce of 403 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
403
Active EPFO establishments
1
Employee growth
-11.04%

GST

P G Foils has 9 GST registrations: 3 active and 6 cancelled or inactive.

Total GSTINs
9
Active
3
Cancelled / inactive
6
GSTINStateStatusRegistered on
08AAACP9274C1ZDRajasthanActive01 Jul 2017
33AAACP9274C2ZJTamil NaduActive28 Jan 2020
27AAACP9274C2ZCMaharashtraActive07 Feb 2023

To see the full GST registrations and return filing status of P G Foils Limited, buy the company report.

Recent activity

P G Foils Limited has 26 board changes on record since 1979: 16 appointments and 10 cessations. The latest: Vimal Chand Dhadda ceased to be Director on 27 Sep 2024.

Filing
P G Foils Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
P G Foils Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Ceased
Vimal Chand Dhadda ceased to be Director.
Appointed
Sunil Kataria was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100883454 was registered on 05 Mar 2024.
Charges
A charge registered on 18 Jan 2021 via Charge ID 100421264 with Others was fully satisfied on 16 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100563284 was registered on 09 Mar 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 80.00 Cr registered on 18 Oct 2018 with Charge ID 100222812 was modified on 09 Mar 2022.
Charges
A charge with Others of Rs. 35.00 Cr registered on 11 Aug 2018 with Charge ID 100224199 was modified on 10 Sep 2021.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100421264 was registered on 18 Jan 2021.
Charges
A charge with Others of Rs. 58.00 Cr registered on 26 Aug 2019 with Charge ID 100289256 was modified on 29 Apr 2020.
Appointed
Amit Aggarwal was appointed as Director.

36 earlier events are in the company report.

Frequently asked questions

P G Foils is an active public limited company based in Ahmedabad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 07 November 1979 (47+ years old) and is registered under CIN L27203GJ1979PLC008050. Listed on BSE: 526747.

P G Foils reported revenue of ₹318.5 Cr for FY 2025-26 (down 35.3% YoY) based on standalone financials.

P G Foils has 6 current directors:

The latest financial statements of P G Foils on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of P G Foils is 08AAACP9274C1ZD, registered in Rajasthan. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 33AAACP9274C2ZJ (Tamil Nadu), 27AAACP9274C2ZC (Maharashtra).

The CIN (Corporate Identification Number) of P G Foils is L27203GJ1979PLC008050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. P G Foils is a listed company as per MCA records. Its shares are listed on BSE (code: 526747).

P G Foils has 159 court cases on record: 119 filed by the company and 40 filed against it. 15 are pending. Most are in the high courts.

P G Foils was incorporated on 07 November 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.

P G Foils has 62 deals on record (61 market trades, 1 funding round), with disclosed funding of ₹19.07 Cr; the latest was in August 2026.

Vimal Chand Dhadda ceased to be Director on 27 Sep 2024. Sunil Kataria was appointed as Director on 30 Aug 2024. Amit Aggarwal was appointed as Director on 14 Nov 2019. P G Foils has 26 board changes on record in total.