MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-76-0008047
Rac Papers Limited
Rac Papers Limited - manufacturing in Hapur, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹144.55 Cr
▲ 10% YoY
Net profit · FY 2025
₹1.17 Cr
Net margin 0.8%
EBITDA · FY 2025
₹10.9 Cr
EBITDA margin 7.5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.67 Cr
Issued & subscribed
Open charges
₹76.44 Cr
Satisfied ₹34.41 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
133
Provident fund records
About Rac Papers Limited
Data last updated:
Rac Papers Limited is a public limited company based in Hapur, Uttar Pradesh, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 04 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U21015UP1985PLC007557. Its GSTIN is 09AAACN4759Q1ZO (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.67 Cr. It was formerly known as Sagar Duplex Board Limited and Nav Bharat Duplex Limited. It is led by directors including Sanjay Mittal and Akansh Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M/S Rac Papers Limited, Village – Badnouli Modinagar Road Hapur, Uttar Pradesh, India – 245101.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.55 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 0.8%) and EBITDA of ₹10.9 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 133 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹76.44 Cr and satisfied charges of ₹34.41 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it.
Rac Papers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-76-0008047). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U21015UP1985PLC007557
Registration Number 007557
Incorporation Date 04 December 1985
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-76-0008047
Name history
Rac Papers has undergone 2 name changes throughout its history. The company was previously known as Sagar Duplex Board Limited, and Nav Bharat Duplex Limited. The current legal name is Rac Papers Limited.
| Company Name | Status |
|---|---|
| Rac Papers Limited | Current |
| Sagar Duplex Board Limited | Previous |
| Nav Bharat Duplex Limited | Previous |
Recognitions & Rankings of Rac Papers
Contact details
Rac Papers Limited's registered office is in Hapur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM/S Rac Papers Limited, Village – Badnouli Modinagar Road Hapur, Uttar Pradesh, India – 245101
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Rac Papers Limited, buy the company report.
Comprehensive company report
Rac Papers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rac Papers 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 Rac Papers Limited, buy the company report.
Financials of Rac Papers Limited
FY 2025 filings availableRac Papers Limited reported revenue of ₹144.55 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹144.55 Cr ▲ 10%
Net profit · FY 2025
₹1.17 Cr margin 0.8%
EBITDA · FY 2025
₹10.9 Cr margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 3%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 30%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 10% growth in the latest year. EBITDA rose 62% 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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| Total Expenses | |||||
| EBITDA | ₹10.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.17 Cr | ||||
| Balance Sheet | |||||
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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 | 7.5% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Rac Papers Limited, buy the company report.
Board of directors of Rac Papers Limited
Rac Papers has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Mittal Also directs: Karshni Extrusion Private Limited | Director | 01 May 2003 | 23 Years 5 Months | Current |
| Akansh Gupta | Director | 06 Aug 2022 | 4 Years 2 Months | Current |
| Naman Mittal | Director | 06 Aug 2022 | 4 Years 2 Months | Current |
| Sunil Gupta | Director | 18 Aug 2020 | 6 Years 2 Months | Current |
| Ajay Kumar Mittal | Director | 01 May 2003 | 23 Years 5 Months | Current |
| Paritosh Chauhan Also directs: Rac Extrusions Limited | Director | 05 Dec 2022 | 3 Years 10 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Rac Papers Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Paper), with 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 |
|---|---|---|---|---|---|---|
| Ambition Paper Tech Private Limited | ₹152.61 Cr (FY 2025) | 23.0% | Prantij, Gujarat, India | |||
| Shuklambara Papers Private Limited | ₹152.1 Cr (FY 2025) | 12.0% | Bazpur, Uttarakhand, India | |||
| Prolific Papers Private Limited | ₹146.5 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Gangotri Paper Mills Private Limited | ₹145.98 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Nath Pulp and Paper Mills Limited | ₹145.46 Cr (FY 2019) | 28.0% | Aurangabad, Maharashtra, India | |||
| Rac Papers Limitedthis company | ₹144.55 Cr (FY 2025) | ₹1.17 Cr | 0.8% | 10.0% | 133 | Hapur, Uttar Pradesh, India |
| Sri Andal Paper Mills Unit II Private Limited | ₹143.91 Cr (FY 2025) | 10.0% | Erode, Tamil Nadu, India | |||
| K K Duplex and Paper Mills Private Limited | ₹143.72 Cr (FY 2025) | 98.0% | Uttar Pradesh, India | |||
| Decor Paper Mills Limited | ₹142.96 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| PSB Papers Private Limited | ₹142.83 Cr (FY 2025) | 13.0% | Udham Singh Nagar, Uttar Pradesh, India |
To see the full peer comparison of Rac Papers Limited, buy the company report.
Auditor
Rac Papers Limited is audited by SANJAY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY & CO | FY 2023 | 005135C |
Shareholding
The shareholding of Rac Papers 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 Rac Papers Limited, buy the company report.
Charges & borrowings
Open charges
₹76.44 Cr
Satisfied charges
₹34.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2025 | 101155333 | Indian Bank | ₹5 Cr | Open | |
| 20 Jun 2025 | 101114054 | Sidbi | ₹7.5 Cr | Open | |
| 01 May 2025 | 101087958 | Indian Bank | ₹38 Lakh | Open | |
| 31 Mar 2025 | 101085589 | Others | ₹24.26 Lakh | Open | |
| 04 Mar 2025 | 101057079 | Sidbi | ₹7.15 Cr | Open |
To see the full charge records of Rac Papers Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
Rac Papers Limited has 13 court cases on record: 3 filed by Rac Papers, 10 filed against it. All cases are disposed.
Total cases
13
Filed by the company
3
Filed against the company
10
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 0 |
| District courts | 6 | 5 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by ZKL Bearings India Pvt. Ltd. | Disposed |
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| District court, Hapur, Uttar Pradesh | Bail application | Filed against the company by an individual | Disposed |
| District court, Hapur, Uttar Pradesh | Criminal case | Filed by the company against an individual | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U P and 3 Others | Disposed |
To see the full case history of Rac Papers 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.
Credit ratings & regulatory alerts
Rac Papers Limited was last rated by Care on 22 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Apr 2026 |
To see the full credit ratings and regulatory alerts of Rac Papers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rac Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rac Papers Limited has a workforce of 133 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
133
Active EPFO establishments
1
Employee growth
9.02%
GST
Rac Papers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACN4759Q1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rac Papers Limited, buy the company report.
Recent activity
Rac Papers Limited has 22 board changes on record since 2001: 15 appointments and 7 cessations. The latest: Manoj Gupta ceased to be Director on 16 Feb 2024.
AGM
Rac Papers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 5.00 Cr with Charge ID 101155333 was registered on 01 Sep 2025.
Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101114054 was registered on 20 Jun 2025.
Charges
A charge with Indian Bank amounted to Rs. 0.38 Cr with Charge ID 101087958 was registered on 01 May 2025.
Filing
Rac Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 101085589 was registered on 31 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 7.15 Cr with Charge ID 101057079 was registered on 04 Mar 2025.
Charges
A charge with Indian Bank amounted to Rs. 3.00 Cr with Charge ID 101014563 was registered on 16 Nov 2024.
Charges
A charge with Indian Bank amounted to Rs. 7.00 Cr with Charge ID 101014545 was registered on 16 Nov 2024.
Charges
A charge with Indian Bank of Rs. 38.00 Cr registered on 22 Apr 2008 with Charge ID 10098929 was modified on 16 Nov 2024.
Charges
A charge registered on 13 May 2024 via Charge ID 100922698 with Indian Bank was fully satisfied on 07 Sep 2024.
Charges
A charge registered on 18 Aug 2020 via Charge ID 100362181 with Indian Bank was fully satisfied on 07 Sep 2024.
64 earlier events are in the company report.
Frequently asked questions
Rac Papers is an active public limited company based in Hapur, Uttar Pradesh, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 04 December 1985 (41+ years old) and is registered under CIN U21015UP1985PLC007557.
Rac Papers has 8 current directors:
- Sanjay Mittal - Director
- Akansh Gupta - Director
- Naman Mittal - Director
- Sunil Gupta - Director
- Ajay Kumar Mittal - Director
- Paritosh Chauhan - Director
- Paritosh Kumar Bansal - Director
- Naveen Gupta - Director
The latest financial statements of Rac Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rac Papers is 09AAACN4759Q1ZO, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rac Papers is U21015UP1985PLC007557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rac Papers has 13 court cases on record: 3 filed by the company and 10 filed against it. Most are in the high courts.
Rac Papers was incorporated on 04 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Rac Papers by revenue are Ambition Paper Tech Private Limited, Shuklambara Papers Private Limited, Prolific Papers Private Limited, Gangotri Paper Mills Private Limited, Nath Pulp and Paper Mills Limited and 4 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Manoj Gupta ceased to be Director on 16 Feb 2024. Naveen Gupta was appointed as Director on 01 Feb 2024. Paritosh Chauhan was appointed as Director on 05 Dec 2022. Rac Papers has 22 board changes on record in total.
Yes, Rac Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-76-0008047).
The registered office of Rac Papers is at MS Rac Papers, Village – Badnouli Modinagar Road Hapur, Uttar Pradesh, India – 245101.