About Phoenix Flexibles Private Limited
Data last updated:
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 10 peer companies in the Packaging industry (Industrial Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Rajasthan Flexible Packaging Limited with revenue of ₹198.04 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.
- EmailLocked
- TelephoneLocked
- 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
- 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 Phoenix Flexibles Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Phoenix Flexibles Private Limited FY 2024 filings available
Phoenix Flexibles Private Limited reported revenue of ₹193.97 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Phoenix Flexibles Private Limited
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 of Phoenix Flexibles 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 | ₹6.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.08 Cr | •••• | •••• | •••• | •••• |
| 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 Phoenix Flexibles Private Limited
| 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% | •••• | •••• | •••• | •••• |
| 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 Phoenix Flexibles 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 Phoenix Flexibles Private Limited
Phoenix Flexibles Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajasthan Flexible Packaging Limited | ₹198.04 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Delhi, India |
| D.J.S. Printers Private Limited. | ₹196.54 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Gurgaon, Haryana, India |
| 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 Limited this company | ₹193.97 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Ahmedabad, Gujarat, India |
| A J Packaging Limited | ₹193.96 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Colourflex Laminators Limited | ₹193.35 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| SGB Televenture Private Limited | ₹192.56 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Delhi, 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 |
Peers are the five companies nearest above and the five nearest below Phoenix Flexibles by revenue in the Packaging industry (Industrial Packaging), 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 Phoenix Flexibles Private Limited
Auditor information for Phoenix Flexibles Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
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 |
Ownership and Shareholding of Phoenix Flexibles 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 Phoenix Flexibles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2024 | Axis Bank Limited | ₹63.05 Cr | Open |
| 06 Aug 2022 | Others | ₹9.1 Cr | Satisfied |
| 15 Jun 2021 | Others | ₹54.5 Cr | Satisfied |
| 19 Nov 2020 | Others | ₹10 Cr | Satisfied |
| 29 Jun 2020 | Axis Bank Limited | ₹33.69 Cr | Satisfied |
Total charge records: 19 View all charges
Deals & Funding of Phoenix Flexibles Private Limited
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 |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Phoenix Flexibles Private Limited
Phoenix Flexibles Private Limited has 5 court cases on record: 2 filed by Phoenix Flexibles, 3 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
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 |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Income Tax Department Assessment Unit National Faceless Assessment Centre | 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 |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Phoenix Flexibles Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 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.
Associated Brands with Phoenix Flexibles Private Limited
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 |
Employees and EPFO Compliance at Phoenix Flexibles Private Limited
Phoenix Flexibles Private Limited has a workforce of 36 employees as of Apr 05, 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 Phoenix Flexibles Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Phoenix Flexibles 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 Phoenix Flexibles 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 Phoenix Flexibles Private Limited
Phoenix Flexibles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP6866P1ZN | Gujarat | 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 Phoenix Flexibles 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 Phoenix Flexibles Private Limited
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 reported revenue of ₹193.97 Cr for FY 2025 (up 41% YoY).
Phoenix Flexibles has 3 current directors:
- Ranjeet Kumar Mahapatra - Whole-Time Director
- Yashpal Jajodia - Additional Director
- Paul Simon Connolly - Director
Phoenix Flexibles reported a net loss of ₹10.08 Cr (net margin -5.2%) and EBITDA of ₹6.37 Cr (EBITDA margin 3.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Phoenix Flexibles is 19% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
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 Rajasthan Flexible Packaging Limited, D.J.S. Printers Private Limited, Aadinath Flexipack Private Limited, Trustin Tape Private Limited, A.B. Polypacks Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
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.