MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0011431
Sayaji Paper Private Limited
Sayaji Paper Private Limited - manufacturing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹103.6 Cr
▲ 20% YoY
Net profit · FY 2025
₹7.95 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹65.72 Lakh
EBITDA margin 0.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹9.1 Cr
Satisfied ₹13.84 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
4
Provident fund records
About Sayaji Paper Private Limited
Data last updated:
Sayaji Paper Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 28 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21019GJ2006PTC048335. Its GSTIN is 24AAJCS9329Q1ZI (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Vishal Nanalal Patel (Whole-Time Director) and Ramesh Naranbhai Patel (Whole-Time Director).
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 Sakarda – Bhadarva Road Opp. Abs Lanxess Limited At. Poicha (Rania) Ta. Savli, Vadodara, Gujarat, India – 391350.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.6 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹7.95 Lakh (net margin 0.1%) and EBITDA of ₹65.72 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.1 Cr and satisfied charges of ₹13.84 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Sayaji Paper Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011431). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U21019GJ2006PTC048335
Registration Number 048335
Incorporation Date 28 May 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0011431
Key People
Vishal Nanalal Patel Whole-Time Director Ramesh Naranbhai Patel Whole-Time Director Naranbhai Virjibhai Patel Director Recognitions & Rankings of Sayaji Paper
Contact details
Sayaji Paper Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSakarda – Bhadarva Road Opp. Abs Lanxess Limited At. Poicha (Rania) Ta. Savli, Vadodara, Gujarat, India – 391350
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Sayaji Paper Private Limited, buy the company report.
Comprehensive company report
Sayaji Paper 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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Business activity
The main business activity of Sayaji Paper 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 Sayaji Paper Private Limited, buy the company report.
Financials of Sayaji Paper Private Limited
FY 2025 filings availableSayaji Paper Private Limited reported revenue of ₹103.6 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹103.6 Cr ▲ 20%
Net profit · FY 2025
₹7.95 Lakh margin 0.1%
EBITDA · FY 2025
₹65.72 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▼ 3%
5 years · compounded
▲ 7%
EBITDA CAGR growth
3 years · compounded
▼ 43%
5 years · compounded
▼ 23%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 20% growth 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 |
|---|---|---|---|---|---|
| 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 | ₹65.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.95 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Sayaji Paper Private Limited, buy the company report.
Board of directors of Sayaji Paper Private Limited
Sayaji Paper has 7 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naranbhai Virjibhai Patel | Director | 28 May 2006 | 20 Years 5 Months | Current |
| Nandlal Laxmanbhai Patel | Director | 28 May 2006 | 20 Years 5 Months | Current |
| Paresh Manibhai Patel Also directs: Shiravi Paper LLP | Director | 28 May 2006 | 20 Years 5 Months | Current |
| Suresh Khimjibhai Patel Also directs: Trilochan Foods Private Limited | Director | 28 May 2006 | 20 Years 5 Months | Current |
| Hasmukhbhai Jivarajbhai Patel | Director | 28 May 2006 | 20 Years 5 Months | Current |
| Vishal Nanalal Patel | Whole-Time Director | 28 May 2006 | 20 Years 5 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Sayaji Paper Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Globus International Coaters Private Limited | ₹107.51 Cr (FY 2025) | 1.0% | Khopoli, Maharashtra, India | |||
| Supreme Paper Mills Ltd | ₹105.29 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Hanumant Paper Mills Private Limited | ₹104.9 Cr (FY 2025) | 100.0% | New Delhi, Delhi, India | |||
| Sayaji Paper Private Limitedthis company | ₹103.6 Cr (FY 2025) | ₹7.95 Lakh | 0.1% | 20.0% | Vadodara, Gujarat, India | |
| V.V.G. Paper Industry Private Limited | ₹103.27 Cr (FY 2024) | -4.0% | Hosur, Tamil Nadu, India | |||
| Aristocraft Papers Private Limited | ₹102.27 Cr (FY 2025) | 8.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Craftech Paper Mills Limited | ₹100.72 Cr (FY 2025) | 24.0% | Latur, Maharashtra, India |
To see the full peer comparison of Sayaji Paper Private Limited, buy the company report.
Auditor
Sayaji Paper Private Limited is audited by S. A. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. A. PATEL & CO. | FY 2023 | 0107763W |
Shareholding
The shareholding of Sayaji Paper 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 Sayaji Paper Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.1 Cr
Satisfied charges
₹13.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2011 | 10291568 | Kotak Mahindra Bank Limited | ₹4.55 Cr | Open | |
| 21 Mar 2011 | 10311103 | Kotak Mahindra Bank Limited | ₹4.55 Cr | Open | |
| 23 Aug 2007 | 10066752 | Bank of Baroda | ₹6.92 Cr | Satisfied | |
| 23 Aug 2007 | 10083175 | Bank of Baroda | ₹6.92 Cr | Satisfied |
To see the full charge records of Sayaji Paper Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sayaji Paper Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Sayaji Paper 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 Sayaji Paper Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sayaji Paper has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS9329Q1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sayaji Paper Private Limited, buy the company report.
Recent activity
Sayaji Paper Private Limited has 7 board changes on record since 2006: 7 appointments. The latest: Hasmukhbhai Jivarajbhai Patel was appointed as Director on 28 May 2006.
AGM
Sayaji Paper Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sayaji Paper Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 4.55 Cr with Charge ID 10291568 was registered on 26 Apr 2011.
Charges
A charge registered on 23 Aug 2007 via Charge ID 10066752 with Bank Of Baroda was fully satisfied on 04 Apr 2011.
Charges
A charge registered on 23 Aug 2007 via Charge ID 10083175 with Bank Of Baroda was fully satisfied on 04 Apr 2011.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 4.55 Cr with Charge ID 10311103 was registered on 21 Mar 2011.
Charges
A charge with Bank Of Baroda of Rs. 6.92 Cr registered on 23 Aug 2007 with Charge ID 10083175 was modified on 16 Dec 2008.
Charges
A charge with Bank Of Baroda of Rs. 6.92 Cr registered on 23 Aug 2007 with Charge ID 10066752 was modified on 15 Dec 2008.
Charges
A charge with Bank Of Baroda amounted to Rs. 6.92 Cr with Charge ID 10066752 was registered on 23 Aug 2007.
Charges
A charge with Bank Of Baroda amounted to Rs. 6.92 Cr with Charge ID 10083175 was registered on 23 Aug 2007.
Appointed
Hasmukhbhai Jivarajbhai Patel was appointed as Director.
Appointed
Nandlal Laxmanbhai Patel was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Sayaji Paper is an active private limited company based in Vadodara, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 28 May 2006 (20+ years old) and is registered under CIN U21019GJ2006PTC048335.
Sayaji Paper has 7 current directors:
- Vishal Nanalal Patel - Whole-Time Director
- Ramesh Naranbhai Patel - Whole-Time Director
- Naranbhai Virjibhai Patel - Director
- Nandlal Laxmanbhai Patel - Director
- Paresh Manibhai Patel - Director
- Suresh Khimjibhai Patel - Director
- Hasmukhbhai Jivarajbhai Patel - Director
The latest financial statements of Sayaji Paper 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 Sayaji Paper is 24AAJCS9329Q1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Sayaji Paper is U21019GJ2006PTC048335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sayaji Paper has 1 court case on record: 1 filed against it.
Sayaji Paper was incorporated on 28 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sayaji Paper by revenue are Globus International Coaters Private Limited, Supreme Paper Mills Ltd, Hanumant Paper Mills Private Limited, V.V.G. Paper Industry Private Limited, Aristocraft Papers Private Limited and 1 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Hasmukhbhai Jivarajbhai Patel was appointed as Director on 28 May 2006. Nandlal Laxmanbhai Patel was appointed as Director on 28 May 2006. Naranbhai Virjibhai Patel was appointed as Director on 28 May 2006. Sayaji Paper has 7 board changes on record in total.
Yes, Sayaji Paper is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0011431).
The registered office of Sayaji Paper is at Sakarda – Bhadarva Road Opp. Abs Lanxess Limited At. Poicha Rania Ta. Savli, Vadodara, Gujarat, India – 391350.
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