About Rathna Packaging India Private Limited
Data last updated:
Rathna Packaging India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 30 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21022KA2005PTC038098. Its GSTIN is 29AADCR2300J2ZJ (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹28.5 Cr and a paid-up capital of ₹16 Cr. It is led by directors including Bodugu Sudhakar (Managing Director) and Eaduguri Raghunatha Reddy.
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. 19 15th Cross 15th Main 4th Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹504.7 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.47 Cr (net margin 1.3%) and EBITDA of ₹38.48 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company has about 226 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Rathna Group and Rathna Bioteck. As per MCA filings, the company has open charges of ₹244.69 Cr and satisfied charges of ₹85.62 Cr on record. Court records list 21 cases involving the company, including 18 filed by the company and 3 filed against it; 1 case is pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹12.47 Cr; the latest was in March 2021. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Kris Flexipacks Private Limited with revenue of ₹621.52 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 781 overdue payments to 23 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 rathnagroup.in.
Company details
Contact details
Rathna Packaging India Private Limited's registered office is in Bangalore, Karnataka. Its website is rathnagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 19 15th Cross 15th Main 4th Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Rathna Packaging India Private Limited, buy the company report.
- 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
Brands
Rathna Packaging India operates two associated brands: Rathna Group and Rathna Bioteck. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible packaging manufacturing and sustainable solutions in India. | rathnagroup.in | |
| Manufactures natural ingredients based health supplements | rathnabioteck.com |
Business activity
The main business activity of Rathna Packaging India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Rathna Packaging India Private Limited, buy the company report.
Financials of Rathna Packaging India Private Limited
FY 2024 filings availableRathna Packaging India Private Limited reported revenue of ₹504.7 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 5% growth in the latest year. EBITDA fell 41% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹504.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.47 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Rathna Packaging India Private Limited, buy the company report.
Board of directors of Rathna Packaging India Private Limited
Rathna Packaging India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eaduguri Raghunatha Reddy Also directs: Mynah Industries Limited, Rathna Biolife Private Limited | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Bodugu Geetha Also directs: Mynah Industries Limited, Rathna Biolife Private Limited | Director | 01 Apr 2006 | 20 Years 6 Months | Current |
| Bodugu Sudhakar Also directs: Mynah Industries Limited, Rathna Biolife Private Limited | Managing Director | 30 Dec 2005 | 20 Years 9 Months | Current |
Peer comparison
Rathna Packaging India Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kris Flexipacks Private Limited | ₹621.52 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Balmer Lawrie-Van Leer Limited | ₹584.87 Cr (FY 2025) | 4.0% | Navi Mumbai, Maharashtra, India | |||
| Shankar Packagings Limited | ₹528.05 Cr (FY 2025) | 8.0% | Vaghodia, Gujarat, India | |||
| Kuloday Technopack Private Limited | ₹519.95 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Rathna Packaging India Private Limitedthis company | ₹504.7 Cr (FY 2024) | ₹6.47 Cr | 1.3% | 5.0% | 226 | Bangalore, Karnataka, India |
| HCP Plastene Bulkpack Limited | ₹468.11 Cr (FY 2025) | 58.0% | Ahmedabad, Gujarat, India | |||
| Flexituff Ventures International Limited | ₹457.78 Cr (FY 2025) | -24.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Rathna Packaging India Private Limited, buy the company report.
Auditor
Rathna Packaging India Private Limited is audited by S BETRAYASAMY & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S BETRAYASAMY & CO | FY 2024 | 000423S |
Shareholding
The shareholding of Rathna Packaging India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rathna Packaging India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101085999 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 11 Jul 2024 | 100956123 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 24 May 2024 | 100931106 | Hdfc Bank Limited | ₹73 Cr | Open | |
| 16 Mar 2023 | 100700604 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 22 Dec 2022 | 100674017 | Hdfc Bank Limited | ₹7 Cr | Open |
To see the full charge records of Rathna Packaging India Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Rathna Packaging India Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹12.47 Cr; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2015 | Rights issue | ₹3.5 Cr | Investors: 4 individuals |
| Feb 2013 | Funding round | ₹7.7 Cr | Investors: 4 individuals |
| Dec 2010 | Funding round | ₹3.11 Cr | Investors: 4 individuals |
| Dec 2006 | Funding round | ₹1.67 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rathna Packaging India Private Limited has 21 court cases on record: 18 filed by Rathna Packaging India, 3 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 0 | 1 |
| District courts | 5 | 3 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAMANAGARA, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Polygraph Printing Technologies Limited Rep. by Its Director Sri.Amit Biliye | Disposed |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed by the company against S.V. Milk and Milk Products Pvt. Ltd. | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Commissioner | Pending |
| District court, Krishnagiri, Tamil Nadu | Court case (AS) | Filed against the company by Hindustan Flour Mills, Rep by Its Partner G.Balasubramanian | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Rathna Packaging India 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
Rathna Packaging India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 781 overdue payments to 23 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 23)
To see the full MSME payment records of Rathna Packaging India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Rathna Packaging India has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sysco Industries Limited | L51101KA2009PLC192544 |
To see the full group structure of Rathna Packaging India Private Limited, buy the company report.
Employees & EPFO
Rathna Packaging India Private Limited has a workforce of 226 employees on its EPFO records as of Jan 05, 2026, across 1 active EPFO establishment.
GST
Rathna Packaging India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCR2300J2ZJ | Karnataka | Active | 22 Apr 2018 |
| 33AADCR2300J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
| 24AADCR2300J1ZU | Gujarat | Active | 18 Mar 2025 |
To see the full GST registrations and return filing status of Rathna Packaging India Private Limited, buy the company report.
Recent activity
Rathna Packaging India Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Eaduguri Raghunatha Reddy ceased to be Additional Director on 30 Nov 2021.
48 earlier events are in the company report.
Frequently asked questions
Rathna Packaging India is an active private limited company based in Bangalore, Karnataka, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 30 December 2005 (21+ years old) and is registered under CIN U21022KA2005PTC038098.
Rathna Packaging India has 3 current directors:
- Bodugu Sudhakar - Managing Director
- Eaduguri Raghunatha Reddy - Director
- Bodugu Geetha - Director
The latest financial statements of Rathna Packaging India 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 2015 are in the company report.
The GSTIN of Rathna Packaging India is 29AADCR2300J2ZJ, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 33AADCR2300J1ZV (Tamil Nadu), 24AADCR2300J1ZU (Gujarat).
The CIN (Corporate Identification Number) of Rathna Packaging India is U21022KA2005PTC038098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rathna Packaging India has 21 court cases on record: 18 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Rathna Packaging India was incorporated on 30 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Rathna Packaging India has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹12.47 Cr; the latest was in March 2021.
The peers of Rathna Packaging India by revenue are Kris Flexipacks Private Limited, Balmer Lawrie-Van Leer Limited, Shankar Packagings Limited, Kuloday Technopack Private Limited, HCP Plastene Bulkpack Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Eaduguri Raghunatha Reddy ceased to be Additional Director on 30 Nov 2021. Eaduguri Raghunatha Reddy was appointed as Director on 16 Aug 2021. Chetan Subhash Khapale ceased to be Company Secretary on 11 Jun 2019. Rathna Packaging India has 7 board changes on record in total.
Rathna Packaging India has 6 MSME Form 1 returns on record between 2019 and 2023, listing 781 overdue payments to 23 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Rathna Packaging India can be reached through the website rathnagroup.in. Its registered office is in Bangalore, Karnataka, India.