About Phoenix Flexibles Private Limited
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Phoenix Flexibles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 27 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2010PTC062437. Its GSTIN is 24AAFCP6866P1ZN (Gujarat).
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹9.58 Cr. It is led by directors including Ranjeet Kumar Mahapatra (Whole-Time Director) and Paul Simon Connolly.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹193.97 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹10.08 Cr (net margin -5.2%) and EBITDA of ₹6.37 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phoenix Flexibles. As per MCA filings, the company has open charges of ₹63.05 Cr and satisfied charges of ₹198.05 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹33.19 Cr; the latest was in September 2023. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Aadinath Flexipack Private Limited with revenue of ₹195.97 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 17 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 phoenixflexibles.com.
Company details
Contact details
Phoenix Flexibles Private Limited's registered office is in Ahmedabad, Gujarat. Its website is phoenixflexibles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 805 To 809 Near Sun Industrial Estate, Kubadthal Village Road Village Kubadthal Taluka Daskroi, Ahmedabad, Gujarat, India – 382430
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Phoenix Flexibles Private Limited, buy the company report.
- 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
Brands
Phoenix Flexibles operates one associated brand: Phoenix Flexibles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging products for food, pharma, and industrial sectors are supplied. | phoenixflexibles.com |
Business activity
The main business activity of Phoenix Flexibles is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Phoenix Flexibles Private Limited, buy the company report.
Financials of Phoenix Flexibles Private Limited
FY 2024 filings availablePhoenix Flexibles Private Limited reported revenue of ₹193.97 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 41% growth in the latest year. EBITDA fell 5% 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 |
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| EBITDA | ₹6.37 Cr | ||||
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| Net Profit (PAT) | -₹10.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | -5.2% | ||||
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To see the full financial statements and ratios of Phoenix Flexibles Private Limited, buy the company report.
Board of directors of Phoenix Flexibles Private Limited
Phoenix Flexibles has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashpal Jajodia Also directs: Amcor Flexibles India Private Limited | Additional Director | 03 Nov 2025 | 0 Years 11 Months | Current |
| Paul Simon Connolly Also directs: Amcor Flexibles India Private Limited | Director | 11 Jul 2024 | 2 Years 3 Months | Current |
| Ranjeet Kumar Mahapatra | Whole-Time Director | 25 Aug 2023 | 3 Years 1 Months | Current |
Peer comparison
Phoenix Flexibles Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadinath Flexipack Private Limited | ₹195.97 Cr (FY 2025) | 8.0% | Village Pipliya Jhagdu, Madhya Pradesh, India | |||
| Trustin Tape Private Limited | ₹195.81 Cr (FY 2025) | 2.0% | Dahej, Gujarat, India | |||
| A.B. Polypacks Private Limited | ₹195.36 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Phoenix Flexibles Private Limitedthis company | ₹193.97 Cr (FY 2025) | -₹10.08 Cr | -5.2% | 41.0% | 36 | Ahmedabad, Gujarat, India |
| Colourflex Laminators Limited | ₹193.35 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Pioneer Polyleathers Private Limited | ₹187.87 Cr (FY 2021) | -39.0% | Kichha, Uttarakhand, India | |||
| Pegma Resources Private Limited | ₹187.25 Cr (FY 2025) | 29.0% | Beawar, Rajasthan, India |
To see the full peer comparison of Phoenix Flexibles Private Limited, buy the company report.
Shareholding
The shareholding of Phoenix Flexibles 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 Phoenix Flexibles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2024 | 100927584 | Axis Bank Limited | ₹63.05 Cr | Open | |
| 06 Aug 2022 | 100603542 | Others | ₹9.1 Cr | Satisfied | |
| 15 Jun 2021 | 100457830 | Others | ₹54.5 Cr | Satisfied | |
| 19 Nov 2020 | 100389893 | Others | ₹10 Cr | Satisfied | |
| 29 Jun 2020 | 100353282 | Axis Bank Limited | ₹33.69 Cr | Satisfied |
To see the full charge records of Phoenix Flexibles Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Phoenix Flexibles Private Limited has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹33.19 Cr; the latest was in September 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Amcor Flexibles Asia-Pacific Holdco Pte Limited Seller: Pace Packaging Machines Private Limited , 2 individuals |
| Jun 2021 | Funding round | ₹28.7 Cr | Investors: Pace Packaging Machines Private Limited |
| Jun 2020 | Rights issue | ₹3.1 Cr | Investors: 2 individuals |
| Mar 2018 | Rights issue | ₹6.72 Cr | Investors: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Phoenix Flexibles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Phoenix Flexibles Private Limited has 5 court cases on record: 2 filed by Phoenix Flexibles, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against , Ahmedabad and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Udhyam Chemicals Partnership Firm | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Phoenix Flexibles 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
Phoenix Flexibles Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chemsol Polymer Industries Private Limited | |||
| Saurya Hse Private Limited | |||
| Imperial Colours and Chemicals | |||
| an individual supplier | |||
| Arihant Rubtech |
To see the full MSME payment records of Phoenix Flexibles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Phoenix Flexibles Private Limited has a workforce of 36 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Phoenix Flexibles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP6866P1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phoenix Flexibles Private Limited, buy the company report.
Recent activity
Phoenix Flexibles Private Limited has 17 board changes on record since 2010: 10 appointments and 7 cessations. The latest: Yashpal Jajodia was appointed as Additional Director on 03 Nov 2025.
51 earlier events are in the company report.
Frequently asked questions
Phoenix Flexibles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 27 September 2010 (16+ years old) and is registered under CIN U25202GJ2010PTC062437.
Phoenix Flexibles has 3 current directors:
- Ranjeet Kumar Mahapatra - Whole-Time Director
- Yashpal Jajodia - Additional Director
- Paul Simon Connolly - Director
The latest financial statements of Phoenix Flexibles 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 Phoenix Flexibles is 24AAFCP6866P1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Phoenix Flexibles is U25202GJ2010PTC062437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Flexibles has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Phoenix Flexibles was incorporated on 27 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Phoenix Flexibles has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹33.19 Cr; the latest was in September 2023.
The peers of Phoenix Flexibles by revenue are Aadinath Flexipack Private Limited, Trustin Tape Private Limited, A.B. Polypacks Private Limited, Colourflex Laminators Limited, Pioneer Polyleathers Private Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Yashpal Jajodia was appointed as Additional Director on 03 Nov 2025. Nimit Naresh Agarwal ceased to be Whole-Time Director on 19 Mar 2025. Paul Simon Connolly was appointed as Director on 11 Jul 2024. Phoenix Flexibles has 17 board changes on record in total.
Phoenix Flexibles has 4 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 17 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Phoenix Flexibles can be reached through the website phoenixflexibles.com. Its registered office is in Ahmedabad, Gujarat, India.