Ronak Laminex Private Limited
About Ronak Laminex Private Limited
Data last updated:
Ronak Laminex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 23 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U64201GJ1993PTC019180. Its GSTIN is 24AABCR3773R1ZT (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors Pankajbhai Thakkar and Navinbhai Patel.
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 Sf – 06 Block – A Barcelona Multiple Business Complex Odhav Circle S.P. Ring Road Odhav, Ahmedabad, Gujarat, India – 382415.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.2 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -21.5%) and EBITDA of -₹2.3 Cr (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹24.98 Cr and satisfied charges of ₹26.36 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ronak Laminex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSf – 06 Block – A Barcelona Multiple Business Complex Odhav Circle S.P. Ring Road Odhav, Ahmedabad, Gujarat, India – 382415
- IndustryManufacturing, Wood Products & MDF, Paper & Packaging Products
To see the full contact details of Ronak Laminex 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
Business activity
The main business activity of Ronak Laminex 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 Ronak Laminex Private Limited, buy the company report.
Financials of Ronak Laminex Private Limited
FY 2023 filings availableRonak Laminex Private Limited reported revenue of ₹12.2 Cr (down 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 41% fall in the latest year. EBITDA fell 331% 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 | |||||
| Total Revenue | ₹12.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.63 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.9% | ||||
| Net Profit Margin | -21.5% | ||||
| 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 Ronak Laminex Private Limited, buy the company report.
Board of directors of Ronak Laminex Private Limited
Ronak Laminex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankajbhai Thakkar | Director | 01 Oct 2012 | 14 Years 1 Months | Current |
| Navinbhai Patel Also directs: Ventura Decor LLP, Maharathi Developers Private Limited | Director | 01 Oct 2012 | 14 Years 1 Months | Current |
Peer comparison
Ronak Laminex Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Paper, Wood, MDF, Particle Board and Plywood), 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 |
|---|---|---|---|---|---|---|
| Umiya Board and Paper Mills Private Limited | ₹12.24 Cr (FY 2025) | 34.0% | Raipur, Chhattisgarh, India | |||
| Ajay Plywood Industries Pvt Ltd | ₹12.23 Cr (FY 2024) | -16.0% | Haryana, India | |||
| Abpp Papers Private Limited | ₹12.22 Cr (FY 2024) | 110.0% | Gurgaon, Haryana, India | |||
| Ronak Laminex Private Limitedthis company | ₹12.2 Cr (FY 2023) | -₹2.63 Cr | -21.5% | -41.0% | Ahmedabad, Gujarat, India | |
| Singh Bhawani Paper Mills Private Limited | ₹12.17 Cr (FY 2023) | 2456.0% | Kolkata, West Bengal, India | |||
| Natural Wood and Veneers Pvt Ltd | ₹12.13 Cr (FY 2024) | 23.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Ronak Laminex Private Limited, buy the company report.
Auditor
Ronak Laminex Private Limited is audited by R.N.PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.N.PATEL & CO. | FY 2023 | 107755W |
Shareholding
The shareholding of Ronak Laminex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ronak Laminex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2022 | 100608648 | The Kalupur Commercial Co-Operative Bank Limited | ₹1 Cr | Satisfied | |
| 10 Apr 2014 | 10490014 | The Kalupur Commercial Co-Operative Bank Ltd. | ₹7.5 Lakh | Satisfied | |
| 22 Mar 2013 | 10415854 | The Kalupur Commercial Co-Operative Bank Limited | ₹24.98 Cr | Satisfied | |
| 23 Oct 2000 | 90095657 | State Bank of Saurastra | ₹30 Lakh | Satisfied |
To see the full charge records of Ronak Laminex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ronak Laminex Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Amrit Polychem Pvt Ltd Through Authorized Representative Sunil Shivram Patil | Disposed |
To see the full case history of Ronak Laminex 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 Ronak Laminex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ronak Laminex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR3773R1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ronak Laminex Private Limited, buy the company report.
Recent activity
Ronak Laminex Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Anil Khanna ceased to be Director on 18 Jan 2013.
6 earlier events are in the company report.
Frequently asked questions
Ronak Laminex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 23 March 1993 (33+ years old) and is registered under CIN U64201GJ1993PTC019180.
Ronak Laminex has 2 current directors:
- Pankajbhai Thakkar - Director
- Navinbhai Patel - Director
The latest financial statements of Ronak Laminex 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 Ronak Laminex is 24AABCR3773R1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Ronak Laminex is U64201GJ1993PTC019180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronak Laminex has 2 court cases on record: 2 filed against it. 1 is pending.
Ronak Laminex was incorporated on 23 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ronak Laminex by revenue are Umiya Board and Paper Mills Private Limited, Ajay Plywood Industries Pvt Ltd, Abpp Papers Private Limited, Singh Bhawani Paper Mills Private Limited, Natural Wood and Veneers Pvt Ltd, all in the Manufacturing industry (Paper, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Anil Khanna ceased to be Director on 18 Jan 2013. Narotam Sayal ceased to be Director on 18 Jan 2013. Vipin Kapoor ceased to be Director on 18 Jan 2013. Ronak Laminex has 5 board changes on record in total.
The registered office of Ronak Laminex is at Sf – 06 Block – A Barcelona Multiple Business Complex Odhav Circle S.P. Ring Road Odhav, Ahmedabad, Gujarat, India – 382415.
Ronak Laminex operates in the manufacturing industry, in the wood products and mdf segment.
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