- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-15-0018574

About Priyadarshini Polysacks Limited
Data last updated:
Priyadarshini Polysacks Limited is a public limited company based in Kolhapur, Maharashtra, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 27 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209MH1985PLC036373. Its GSTIN is 27AABCP5804F1ZM (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18 Cr. It was formerly known as Priyadarshini Pacaging Private Limited and Priyadarshini Pacaging Limited. It is led by directors including Pritam Nemchand Sanghvi (Managing Director) and Shital Nemchand Sanghvi (Managing 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 F/41 1st Floor Tradecentre Station Road, Kolhapur, Maharashtra, India – 416001.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.57 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.94 Cr (net margin 3.3%) and EBITDA of ₹11.56 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 185 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Priyadarshini Polysacks. As per MCA filings, the company has open charges of ₹35.87 Cr and satisfied charges of ₹68.71 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 3 filed against it; 12 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.93 Cr; the latest was in March 2024. Its 10 peer companies in the Cleantech industry (Solar Power, Wind Power, Woven Products) are compared by revenue, 5 larger and 5 smaller; the largest is Satyendra Fibc Private Limited with revenue of ₹149.51 Cr.
Priyadarshini Polysacks Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0018574). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website priyabags.com.
Name History of Priyadarshini Polysacks Limited
Priyadarshini Polysacks has undergone 2 name changes throughout its history. The company was previously known as Priyadarshini Pacaging Private Limited, and Priyadarshini Pacaging Limited. The current legal name is Priyadarshini Polysacks Limited.
| Company Name | Status |
|---|---|
| Priyadarshini Polysacks Limited | Current |
| Priyadarshini Pacaging Private Limited | Previous |
| Priyadarshini Pacaging Limited | Previous |
Recognitions & Rankings of Priyadarshini Polysacks
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF/41 1st Floor Tradecentre Station Road, Kolhapur, Maharashtra, India – 416001
- IndustryPackaging, Woven Packaging Products
- 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
Associated Brands with Priyadarshini Polysacks Limited
Priyadarshini Polysacks operates one associated brand: Priyadarshini Polysacks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PP woven sacks for packaging in industrial and agricultural sectors. | priyabags.com |
Business Activity of Priyadarshini Polysacks Limited
The main business activity of Priyadarshini Polysacks is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal 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 | 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 |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Priyadarshini Polysacks Limited FY 2024 filings available
Priyadarshini Polysacks Limited reported revenue of ₹148.57 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Priyadarshini Polysacks Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 8% fall in the latest year. EBITDA fell 25% 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 Priyadarshini Polysacks 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 | ₹11.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.94 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Priyadarshini Polysacks Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Priyadarshini Polysacks 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.
Board of Directors of Priyadarshini Polysacks Limited
Priyadarshini Polysacks has 9 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nemchand Chandanmal Sanghvi Also directs: Kalpataru Textile Mills LLP, Pertinent Infra and Energy Limited, Pristine Industries Limited and 3 more | Director | 13 Aug 2008 | 18 Years 2 Months | Current |
| Pramila Nemchand Sanghavi | Director | 30 Sep 2013 | 13 Years 0 Months | Current |
| Pritam Nemchand Sanghvi Also directs: Kalpataru Textile Mills LLP, Pertinent Infra and Energy Limited, Pristine Industries Limited and 2 more | Managing Director | 01 Jan 2002 | 24 Years 9 Months | Current |
| Aashish Kiran Shah | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Vaishali Pritam Sanghvi Also directs: Kalpataru Textile Mills LLP, Pertinent Infra and Energy Limited, Pristine Industries Limited and 2 more | Director | 15 Jan 2014 | 12 Years 9 Months | Current |
| Aarati Shital Sanghvi Also directs: Kalpataru Textile Mills LLP, Pertinent Infra and Energy Limited, Pristine Industries Limited and 2 more | Director | 30 Sep 2013 | 13 Years 0 Months | Current |
Peer Comparison of Priyadarshini Polysacks Limited
Priyadarshini Polysacks Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power, Wind Power, Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satyendra Fibc Private Limited | ₹149.51 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Sarsa, Gujarat, India |
| Pushpit Green Power Private Limited | ₹148.89 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Dhursar Solar Power Private Limited | ₹148.87 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Greenko Rayala Wind Power Private Limited | ₹148.76 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Adani Solar Energy Ka Nine Private Limited | ₹148.75 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Priyadarshini Polysacks Limited this company | ₹148.57 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolhapur, Maharashtra, India |
| Umasree Texplast Private Limited | ₹146.35 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Gandhinagar, Gujarat, India |
| Vena Energy Solar India Power Resources Private Limited | ₹146.18 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| R.S. Yarns and Power Private Limited | ₹146.07 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Tirupur, Tamil Nadu, India |
| Avikiran Solar India Private Limited | ₹145.84 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Sakthi Murugan Roller Flour Mills Private Limited | ₹145.81 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Priyadarshini Polysacks by revenue in the Cleantech industry (Solar Power, Wind Power, Woven Products), 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 Priyadarshini Polysacks Limited
Priyadarshini Polysacks Limited is audited by SWAPNIL SANJAY VHANBATTE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWAPNIL SANJAY VHANBATTE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Priyadarshini Polysacks 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 Priyadarshini Polysacks Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2025 | Hdfc Bank Limited | ₹4.1 Cr | Open |
| 13 Sep 2024 | Hdfc Bank Limited | ₹1.58 Cr | Open |
| 17 Jan 2024 | Hdfc Bank Limited | ₹3 Cr | Open |
| 17 Nov 2022 | Hdfc Bank Limited | ₹1.54 Cr | Open |
| 29 Sep 2011 | Axis Bank Limited | ₹10.4 Cr | Open |
Total charge records: 24 View all charges
Deals & Funding of Priyadarshini Polysacks Limited
Priyadarshini Polysacks Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.93 Cr; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Shreyansh Mercantile Pvt. Ltd. , Sherawali Yams Private Limited., B N Ornaments Private Limited |
| Mar 2007 | Funding round | ₹1.93 Cr | Investors: Linkpoint Infrastructure Private Limited , Yojana Management Tech Private Limited , Chandi Mata Management Private Limited |
Full deal history
All 4 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 Priyadarshini Polysacks Limited
Priyadarshini Polysacks Limited has 18 court cases on record: 13 filed by Priyadarshini Polysacks, 3 filed against it, 2 where it is another party. 12 cases are pending and 6 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 11 |
| High courts | 4 | 0 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Shri Saikrupa Sugar & Allied Industries Limited | Disposed |
| District court, Kolhapur, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by an individual | Pending |
| District court, Kolhapur, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against Vitthal Sahakari Sakhar Karakhana Ltd | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 18 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.
Employees and EPFO Compliance at Priyadarshini Polysacks Limited
Priyadarshini Polysacks Limited has a workforce of 185 employees as of Aug 25, 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 Priyadarshini Polysacks Limited
Priyadarshini Polysacks Limited has 18 board changes on record since 1997: 9 appointments and 9 cessations. The latest: Nirmal Vinod Lohia was appointed as Director on 22 Jul 2025.
63 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Priyadarshini Polysacks 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.
MSME Payment Delays by Priyadarshini Polysacks Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Priyadarshini Polysacks 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 Priyadarshini Polysacks Limited
Priyadarshini Polysacks has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP5804F1ZM | Maharashtra | Active | 01 Jul 2017 |
| 23AABCP5804F1ZU | Madhya Pradesh | 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 Priyadarshini Polysacks 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 Priyadarshini Polysacks Limited
Priyadarshini Polysacks is an active public limited company based in Kolhapur, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 27 May 1985 (41+ years old) and is registered under CIN U25209MH1985PLC036373.
Priyadarshini Polysacks reported revenue of ₹148.57 Cr for FY 2025 (down 8% YoY).
Priyadarshini Polysacks has 9 current directors:
- Pritam Nemchand Sanghvi - Managing Director
- Shital Nemchand Sanghvi - Managing Director
- Nemchand Chandanmal Sanghvi - Director
- Pramila Nemchand Sanghavi - Director
- Aashish Kiran Shah - Director
- Vaishali Pritam Sanghvi - Director
- Aarati Shital Sanghvi - Director
- Chandrakant Bhimrao Patil - Director
- Nirmal Vinod Lohia - Director
Priyadarshini Polysacks reported a net profit of ₹4.94 Cr (net margin 3.3%) and EBITDA of ₹11.56 Cr (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Priyadarshini Polysacks is -6% over three years. In the latest year (FY 2025) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Priyadarshini Polysacks is 27AABCP5804F1ZM, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AABCP5804F1ZU (Madhya Pradesh).
The CIN (Corporate Identification Number) of Priyadarshini Polysacks is U25209MH1985PLC036373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priyadarshini Polysacks has 18 court cases on record: 13 filed by the company and 3 filed against it. 12 are pending. Most are in the district courts.
Priyadarshini Polysacks was incorporated on 27 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
Priyadarshini Polysacks has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.93 Cr; the latest was in March 2024.
The peers of Priyadarshini Polysacks by revenue are Satyendra Fibc Private Limited, Pushpit Green Power Private Limited, Dhursar Solar Power Private Limited, Greenko Rayala Wind Power Private Limited, Adani Solar Energy Ka Nine Private Limited and 5 more, all in the Cleantech industry (Solar Power, Wind Power, Woven Products).