About Shankar Packagings Limited
Data last updated:
Shankar Packagings Limited is a public limited company based in Vaghodia, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 06 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ1985PLC169777. Its GSTIN is 24AAACS8076P1ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.8 Cr. It was formerly known as Shankar Packagings Private Limited. It is led by directors including Vikramshankar Govindshankar Pandya (Managing Director) and Shivranjani Rajye Jodhpur.
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 2 – 6 GIDC Estate Waghodia, Vaghodia, Gujarat, India – 391760.
As per the financials filed for FY 2025, the company reported a revenue of ₹528.05 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹62.39 Lakh (net margin 0.1%) and EBITDA of ₹39.38 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 2,569 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shankar Packagings. As per MCA filings, the company has open charges of ₹344.96 Cr and satisfied charges of ₹112.57 Cr on record. Court records list 43 cases involving the company, including 31 filed by the company and 12 filed against it; 2 cases are pending. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹4.01 Cr; the latest was in March 2020. Its 7 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 3 smaller; the largest is Paharpur 3P Private Limited with revenue of ₹678.36 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,159 overdue payments to 54 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 shankarpack.com.
Company details
CIN history
Shankar Packagings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25202GJ1985PLC169777, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25202GJ1985PLC169777 | Current |
| U25202MH1985PLC036120 | Previous |
| U25202MH1985PTC036120 | Previous |
Contact details
Shankar Packagings Limited's registered office is in Vaghodia, Gujarat.
- Social Media
- Registered Address2 – 6 GIDC Estate Waghodia, Vaghodia, Gujarat, India – 391760
- IndustryPackaging, Industrial Packaging Solutions
- 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
Shankar Packagings operates one associated brand: Shankar Packagings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of FIBC bags and technical textiles in India. | shankarpack.com |
Business activity
The main business activity of Shankar Packagings 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 Shankar Packagings Limited, buy the company report.
Financials of Shankar Packagings Limited
FY 2025 filings availableShankar Packagings Limited reported revenue of ₹528.05 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 8% growth in the latest year. EBITDA rose 37% 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 | ₹39.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.39 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 | 7.5% | ||||
| 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 Shankar Packagings Limited, buy the company report.
Board of directors of Shankar Packagings Limited
Shankar Packagings has 9 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivranjani Rajye Jodhpur Also directs: Jodhana Developers Private Limited, Stadium Hotels Private Limited, Marudhar Hotels Pvt Ltd and 5 more | Director | 13 May 2023 | 3 Years 5 Months | Current |
| Kapil Gupta Also directs: Venkateshwara Bioproducts Private Limited | Director | 13 May 2023 | 3 Years 5 Months | Current |
| Jyoti Shankar Anand Shankar Pandya | Director | 06 Mar 2024 | 2 Years 7 Months | Current |
| Praveenshankar Pratapshankar Pandya Also directs: Diamond India Limited, Shankar Jewels Limited, Bulk Diamonds Private Limited and 1 more | Director | 06 May 1985 | 41 Years 5 Months | Current |
| Pooja Hemang Khakhi | Director | 13 May 2023 | 3 Years 5 Months | Current |
| Vikramshankar Govindshankar Pandya Also directs: Shankar Techx Private Limited | Managing Director | 01 Apr 1995 | 31 Years 6 Months | Current |
Peer comparison
Shankar Packagings Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Paharpur 3P Private Limited | ₹678.36 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| GLS Films Industries Private Limited | ₹634.69 Cr (FY 2024) | -21.0% | Gurgaon, Haryana, India | |||
| 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 Limitedthis company | ₹528.05 Cr (FY 2025) | ₹62.39 Lakh | 0.1% | 8.0% | Vaghodia, Gujarat, India | |
| Kuloday Technopack Private Limited | ₹519.95 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Rathna Packaging India Private Limited | ₹513.54 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| HCP Plastene Bulkpack Limited | ₹468.11 Cr (FY 2025) | 58.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Shankar Packagings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2025 | 101178475 | Axis Bank Limited | ₹1 Cr | Open | |
| 01 Jun 2023 | 100734538 | Hdfc Bank Limited | ₹55.68 Lakh | Open | |
| 12 Aug 2022 | 100618823 | Hdfc Bank Limited | ₹33 Cr | Open | |
| 28 Jun 2022 | 100602669 | Hdfc Bank Limited | ₹33 Cr | Open | |
| 10 Jan 2022 | 100530735 | Hdfc Bank Limited | ₹66.65 Cr | Open |
To see the full charge records of Shankar Packagings Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Shankar Packagings Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹4.01 Cr; the latest was in March 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bulk Bags India Limited , 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Funding round | ₹4.01 Cr | Investors: Umaid Investment Co Private Limited , Bulk Bags India Limited , 2 individuals |
To see the full deal history of Shankar Packagings Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shankar Packagings Limited has 43 court cases on record: 31 filed by Shankar Packagings, 12 filed against it. 2 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 12 | 0 |
| High courts | 16 | 0 | 2 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government Labour Officer S.S.Pagar | Disposed |
| District court, Vadodara, Gujarat | Court case (CR-EN) | Filed against the company by Government Labour Officer S.S.Pagar | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government Labour Officer S.S.Pagar | Disposed |
To see the full case history of Shankar Packagings 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
Shankar Packagings Limited was last rated by Care on 31 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Jan 2023 |
To see the full credit ratings and regulatory alerts of Shankar Packagings Limited, buy the company report.
MSME payment delays
Shankar Packagings Limited has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,159 overdue payments to 54 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 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Mehjal Adhesive Tapes Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shankar Packagings Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shankar Packagings has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACS8076P1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shankar Packagings Limited, buy the company report.
Recent activity
Shankar Packagings Limited has 24 board changes on record since 1985: 10 appointments and 14 cessations. The latest: Avinash Pandya Praveenshankar ceased to be Director on 29 Sep 2025.
70 earlier events are in the company report.
Frequently asked questions
Shankar Packagings is an active public limited company based in Vaghodia, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 06 May 1985 (41+ years old) and is registered under CIN U25202GJ1985PLC169777.
Shankar Packagings has 9 current directors:
- Vikramshankar Govindshankar Pandya - Managing Director
- Shivranjani Rajye Jodhpur - Director
- Kapil Gupta - Director
- Jyoti Shankar Anand Shankar Pandya - Director
- Praveenshankar Pratapshankar Pandya - Director
- Pooja Hemang Khakhi - Director
- Gaj Singh Jodhpur - Director
- Rajeevshankar Anandshankar Pandya - Director
- Avinash Pandya Praveenshankar - Director
The latest financial statements of Shankar Packagings 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 Shankar Packagings is 24AAACS8076P1ZR, registered in Gujarat. 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 Shankar Packagings is U25202GJ1985PLC169777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shankar Packagings has 43 court cases on record: 31 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Shankar Packagings was incorporated on 06 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shankar Packagings has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹4.01 Cr; the latest was in March 2020.
The peers of Shankar Packagings by revenue are Paharpur 3P Private Limited, GLS Films Industries Private Limited, Kris Flexipacks Private Limited, Balmer Lawrie-Van Leer Limited, Kuloday Technopack Private Limited and 2 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).
Avinash Pandya Praveenshankar ceased to be Director on 29 Sep 2025. Avinash Pandya Praveenshankar was appointed as Director on 02 Jul 2025. Jyoti Shankar Anand Shankar Pandya ceased to be Additional Director on 29 Sep 2024. Shankar Packagings has 24 board changes on record in total.
Shankar Packagings has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,159 overdue payments to 54 micro and small suppliers. The latest return was filed on 05 Dec 2023.
Shankar Packagings can be reached through the website shankarpack.com. Its registered office is in Vaghodia, Gujarat, India.