MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0028655
Pragathi Cartons Private Limited - packaging in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.64 Cr
▼ 36% YoY
Net loss · FY 2023
₹2.51 Lakh
Net margin -1%
EBITDA · FY 2023
₹7.77 Lakh
EBITDA margin 2.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹3.39 Cr
Satisfied ₹2.89 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
18
Provident fund records
About Pragathi Cartons Private Limited
Data last updated:
Pragathi Cartons Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 10 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U21000TN2011PTC082634. Its GSTIN is 33AAGCP2295M1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Muthazhagan Kaliyaperumal and Viswanath.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 200A Madhavaram High Road Madhavaram, Chennai, Tamil Nadu, India – 600060.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.64 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹2.51 Lakh (net margin -1%) and EBITDA of ₹7.77 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.39 Cr and satisfied charges of ₹2.89 Cr on record. Court records list 21 cases involving the company, including 7 filed by the company and 14 filed against it; 5 cases are pending.
Pragathi Cartons Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0028655). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragathicartons.com.
Company details
CIN U21000TN2011PTC082634
Registration Number 082634
Incorporation Date 10 October 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0028655
Recognitions & Rankings of Pragathi Cartons
Contact details
Pragathi Cartons Private Limited's registered office is in Chennai, Tamil Nadu. Its website is pragathicartons.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 200A Madhavaram High Road Madhavaram, Chennai, Tamil Nadu, India – 600060
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Pragathi Cartons Private Limited, buy the company report.
Comprehensive company report
Pragathi Cartons 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
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Business activity
The main business activity of Pragathi Cartons is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| 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 |
To see the full business activity and turnover split of Pragathi Cartons Private Limited, buy the company report.
Financials of Pragathi Cartons Private Limited
FY 2023 filings availablePragathi Cartons Private Limited reported revenue of ₹2.64 Cr (down 36% YoY) for FY 2023.
Revenue · FY 2023
₹2.64 Cr ▼ 36%
Net loss · FY 2023
₹2.51 Lakh margin -1%
EBITDA · FY 2023
₹7.77 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 14%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 43%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 36% fall in the latest year. EBITDA fell 30% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹7.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.51 Lakh | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Pragathi Cartons Private Limited, buy the company report.
Board of directors of Pragathi Cartons Private Limited
Pragathi Cartons has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthazhagan Kaliyaperumal | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Viswanath | Additional Director | 22 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Pragathi Cartons Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Boxsmiths Private Limited | ₹2.65 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Designest Private Limited | ₹2.65 Cr (FY 2025) | -36.0% | Satna, Madhya Pradesh, India | |||
| Ark Cartons Private Limited | ₹2.64 Cr (FY 2024) | 7.0% | Pune, Maharashtra, India | |||
| Sigmatic Networking Technologies Private Limited | ₹2.64 Cr (FY 2024) | 107.0% | Pune, Maharashtra, India | |||
| Yash Packaging Paper Private Limited | ₹2.64 Cr (FY 2024) | -26.0% | Aurangabad, Maharashtra, India | |||
| Pragathi Cartons Private Limitedthis company | ₹2.64 Cr (FY 2023) | -₹2.51 Lakh | -1% | -36.0% | 18 | Chennai, Tamil Nadu, India |
| Niraj Engineering Company Pvt Ltd | ₹2.64 Cr (FY 2025) | -9.0% | Indore, Madhya Pradesh, India | |||
| Ativeer Packaging Private Limited | ₹2.63 Cr (FY 2025) | -13.0% | Sonipat, Haryana, India | |||
| Opera Impex Private Limited | ₹2.63 Cr (FY 2024) | 20.0% | Lodhika, Gujarat, India | |||
| Protech Specialty Products Private Limited | ₹2.63 Cr (FY 2025) | -42.0% | Hyderabad, Telangana, India | |||
| Aari Casa India Private Limited | ₹2.62 Cr (FY 2021) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Pragathi Cartons Private Limited, buy the company report.
Auditor
Pragathi Cartons Private Limited is audited by SRIDHAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIDHAR & ASSOCIATES | FY 2021 | 003986S |
Shareholding
The shareholding of Pragathi Cartons Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pragathi Cartons Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.39 Cr
Satisfied charges
₹2.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2018 | 100182504 | Others | ₹50.25 Lakh | Open | |
| 10 Nov 2016 | 100069970 | Others | ₹2.89 Cr | Open | |
| 22 May 2015 | 10580711 | Reliance Capital Ltd | ₹93.5 Lakh | Satisfied | |
| 29 Mar 2012 | 10356746 | Canara Bank | ₹1.95 Cr | Satisfied |
To see the full charge records of Pragathi Cartons Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Pragathi Cartons Private Limited has 21 court cases on record: 7 filed by Pragathi Cartons, 14 filed against it. 5 cases are pending and 16 are disposed.
Total cases
21
Filed by the company
7
Filed against the company
14
Pending
5
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 14 | 5 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Aditya Birla Finance Ltd. | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M S Idfc First Bank Ltdrepresented by Its Authorized Officer Mr U Magesh | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Aditya Birla Finance Ltd, the Manager Recoveries | Disposed |
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Yes Bank Limited Rep by Its Power of Attorney Rajesh G | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S. Bajaj Finance Limited Rep by Its Power of Attorney Agent Mr. S. Saravanabhavan | Disposed |
To see the full case history of Pragathi Cartons 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
No delayed payments to MSME suppliers are on our record for Pragathi Cartons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pragathi Cartons Private Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-30.77%
GST
Pragathi Cartons has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCP2295M1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragathi Cartons Private Limited, buy the company report.
Recent activity
Pragathi Cartons Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Mariammal Muthazhagan ceased to be Additional Director on 22 Feb 2024.
Ceased
Mariammal Muthazhagan ceased to be Additional Director.
Appointed
Viswanath was appointed as Additional Director.
AGM
Pragathi Cartons Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Pragathi Cartons Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Others of Rs. 50.25 Lakh registered on 31 May 2018 with Charge ID 100182504 was modified on 29 Mar 2023.
Ceased
Radhakrishnan Sudhakar ceased to be Director.
Charges
A charge with Others amounted to Rs. 50.25 Lakh with Charge ID 100182504 was registered on 31 May 2018.
Charges
A charge registered on 29 Mar 2012 via Charge ID 10356746 with Canara Bank was fully satisfied on 15 Nov 2016.
Charges
A charge with Others amounted to Rs. 289.00 Lakh with Charge ID 100069970 was registered on 10 Nov 2016.
Charges
A charge registered on 22 May 2015 via Charge ID 10580711 with Reliance Capital Ltd was fully satisfied on 07 Apr 2016.
Charges
A charge with Canara Bank of Rs. 195.00 Lakh registered on 29 Mar 2012 with Charge ID 10356746 was modified on 01 Mar 2016.
Charges
A charge with Reliance Capital Ltd amounted to Rs. 93.50 Lakh with Charge ID 10580711 was registered on 22 May 2015.
3 earlier events are in the company report.
Frequently asked questions
Pragathi Cartons is an active private limited company based in Chennai, Tamil Nadu, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 10 October 2011 (15+ years old) and is registered under CIN U21000TN2011PTC082634.
Pragathi Cartons has 2 current directors:
- Muthazhagan Kaliyaperumal - Director
- Viswanath - Additional Director
The latest financial statements of Pragathi Cartons on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragathi Cartons is 33AAGCP2295M1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Pragathi Cartons is U21000TN2011PTC082634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragathi Cartons has 21 court cases on record: 7 filed by the company and 14 filed against it. 5 are pending.
Pragathi Cartons was incorporated on 10 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Pragathi Cartons by revenue are Boxsmiths Private Limited, Designest Private Limited, Ark Cartons Private Limited, Sigmatic Networking Technologies Private Limited, Yash Packaging Paper Private Limited and 5 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).
Mariammal Muthazhagan ceased to be Additional Director on 22 Feb 2024. Viswanath was appointed as Additional Director on 22 Feb 2024. Radhakrishnan Sudhakar ceased to be Director on 18 Aug 2020. Pragathi Cartons has 4 board changes on record in total.
Yes, Pragathi Cartons is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0028655).
Pragathi Cartons can be reached through the website pragathicartons.com. Its registered office is in Chennai, Tamil Nadu, India.
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