MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-32-0014349
Propel Flexibles Private Limited - packaging in Sivakasi, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.6 Cr
▲ 18% YoY
Net profit · FY 2024
₹1.87 Cr
Net margin 4.7%
EBITDA · FY 2024
₹5.33 Cr
EBITDA margin 13.5%
Authorised capital
₹3.8 Cr
Registered with MCA
Paid-up capital
₹3.8 Cr
Issued & subscribed
Open charges
₹15.04 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
29
Provident fund records
About Propel Flexibles Private Limited
Data last updated:
Propel Flexibles Private Limited is a private limited company based in Sivakasi, Tamil Nadu, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25111TN2018PTC121433. Its GSTIN is 33AAJCP7430R1ZU (Tamil Nadu).
The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹3.8 Cr. It is led by directors Vijayasingh Chelladhurai and Ranjan Vijayasingh.
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 No.1/335 Saminatham Mellur Sirviliputhur To Sivakasi Main Road, Tamil Nadu, India – 626141.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.6 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 4.7%) and EBITDA of ₹5.33 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.04 Cr on record.
Propel Flexibles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-32-0014349). For more details, the company can be reached via its website propelflexibles.com.
Company details
CIN U25111TN2018PTC121433
Registration Number 121433
Incorporation Date 14 March 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TN-32-0014349
Recognitions & Rankings of Propel Flexibles
Contact details
Propel Flexibles Private Limited's registered office is in Sivakasi, Tamil Nadu. Its website is propelflexibles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1/335 Saminatham Mellur Sirviliputhur To Sivakasi Main Road, Tamil Nadu, India – 626141
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Propel Flexibles Private Limited, buy the company report.
Comprehensive company report
Propel Flexibles 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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Secure checkout · GST invoice included
Business activity
The main business activity of Propel Flexibles is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Propel Flexibles Private Limited, buy the company report.
Financials of Propel Flexibles Private Limited
FY 2024 filings availablePropel Flexibles Private Limited reported revenue of ₹39.6 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹39.6 Cr ▲ 18%
Net profit · FY 2024
₹1.87 Cr margin 4.7%
EBITDA · FY 2024
₹5.33 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 34% over three years, including 18% growth in the latest year. EBITDA rose 49% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.87 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Propel Flexibles Private Limited, buy the company report.
Board of directors of Propel Flexibles Private Limited
Propel Flexibles has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayasingh Chelladhurai Also directs: Bell Pyrotechnics Pvt Ltd, Rajaratnam Fireworks Private Limited, Tirunelveli Spun Pipes Private Limited and 5 more | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Ranjan Vijayasingh Also directs: Tirunelveli Spun Pipes Private Limited, Lily Pins Private Limited, Bell Pins Private Limited and 5 more | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Propel Flexibles Private Limited is audited by R.DAYAL SANKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.DAYAL SANKAR | FY 2023 | 207979 |
Shareholding
The shareholding of Propel 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 Propel Flexibles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.04 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100902563 | Hdfc Bank Limited | ₹89.8 Lakh | Open | |
| 10 Feb 2023 | 100710958 | Others | ₹1.7 Cr | Open | |
| 21 Jan 2022 | 100528776 | Others | ₹1 Cr | Open | |
| 11 Nov 2019 | 100306100 | State Bank of India | ₹7.44 Cr | Open | |
| 06 Jun 2019 | 100268882 | Others | ₹4 Cr | Open |
To see the full charge records of Propel Flexibles Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Propel Flexibles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Propel Flexibles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Propel Flexibles Private Limited has a workforce of 29 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
7.41%
GST
Propel Flexibles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP7430R1ZU | Tamil Nadu | Active | 03 Apr 2018 |
To see the full GST registrations and return filing status of Propel Flexibles Private Limited, buy the company report.
Recent activity
Propel Flexibles Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ranjan Vijayasingh was appointed as Director on 14 Mar 2018.
Charges
A charge with State Bank Of India of Rs. 7.44 Cr registered on 11 Nov 2019 with Charge ID 100306100 was modified on 27 Nov 2024.
AGM
Propel Flexibles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Propel Flexibles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100902563 was registered on 28 Dec 2023.
Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100710958 was registered on 10 Feb 2023.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100528776 was registered on 21 Jan 2022.
Charges
A charge with State Bank Of India amounted to Rs. 7.44 Cr with Charge ID 100306100 was registered on 11 Nov 2019.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100268882 was registered on 06 Jun 2019.
Appointed
Ranjan Vijayasingh was appointed as Director.
Appointed
Vijayasingh Chelladhurai was appointed as Director.
Incorporation
14 Mar 2018
Propel Flexibles Private Limited was registered on 14 Mar 2018 with Roc Chennai & aged 8 years 7 months as per MCA records.
Frequently asked questions
Propel Flexibles is an active private limited company based in Sivakasi, Tamil Nadu, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under CIN U25111TN2018PTC121433.
Propel Flexibles has 2 current directors:
- Vijayasingh Chelladhurai - Director
- Ranjan Vijayasingh - Director
The latest financial statements of Propel 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 FY 2018 are in the company report.
The GSTIN of Propel Flexibles is 33AAJCP7430R1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Propel Flexibles is U25111TN2018PTC121433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propel Flexibles was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Ranjan Vijayasingh was appointed as Director on 14 Mar 2018. Vijayasingh Chelladhurai was appointed as Director on 14 Mar 2018.
Yes, Propel Flexibles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-32-0014349).
Propel Flexibles can be reached through the website propelflexibles.com. Its registered office is in Sivakasi, Tamil Nadu, India.
The registered office of Propel Flexibles is at No.1335 Saminatham Mellur Sirviliputhur To Sivakasi Main Road, Tamil Nadu, India – 626141.
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