MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-HP-11-0002583
Shivalik Agro Poly Products Ltd - packaging in Solan, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.37 Cr
▼ 15% YoY
Net profit · FY 2025
₹6.23 Cr
Net margin 13.4%
EBITDA · FY 2025
₹8.91 Cr
EBITDA margin 19.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹68.47 Lakh
Issued & subscribed
Open charges
₹19.5 Cr
Satisfied ₹46.85 Cr
Company age
50 yrs
Est. 1976
Employees · EPFO
88
Provident fund records
About Shivalik Agro Poly Products Ltd
Data last updated:
Shivalik Agro Poly Products Ltd is a public limited company based in Solan, Himachal Pradesh, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 07 December 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U15131HP1976PLC003703. Its GSTIN is 02AACCS1454K1ZL (Himachal Pradesh). The company holds 15 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹68.47 Lakh. It was formerly known as Shivalik Agro Poly Produts P Ltd. It is led by directors including Pankaj Kumar Mahajan (Managing Director) and Gordhan Das Tyagi (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 Plot No 1 Sector 3 Industrial Area Parwanoo Distt Solan, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.37 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹6.23 Cr (net margin 13.4%) and EBITDA of ₹8.91 Cr (EBITDA margin 19.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 9% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.5 Cr and satisfied charges of ₹46.85 Cr on record. Court records list 41 cases involving the company, including 24 filed by the company and 17 filed against it; 7 cases are pending.
Shivalik Agro Poly Products Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002583). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivalikagropoly.com.
Company details
CIN U15131HP1976PLC003703
Registration Number 003703
Incorporation Date 07 December 1976
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HP-11-0002583
CIN history
Shivalik Agro Poly Products has one previous CIN (Corporate Identification Number): L15131HP1976PLC003703. The current CIN is U15131HP1976PLC003703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15131HP1976PLC003703 | Current |
| L15131HP1976PLC003703 | Previous |
Key People
Pankaj Kumar Mahajan Managing Director Gordhan Das Tyagi Whole-Time Director Prateek Mahajan Whole-Time Director Recognitions & Rankings of Shivalik Agro Poly Products
Contact details
Shivalik Agro Poly Products Ltd's registered office is in Solan, Himachal Pradesh. Its website is shivalikagropoly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 1 Sector 3 Industrial Area Parwanoo Distt Solan, Himachal Pradesh, India – 173220
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Shivalik Agro Poly Products Ltd, buy the company report.
Comprehensive company report
Shivalik Agro Poly Products Ltd - 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 activities of Shivalik Agro Poly Products are manufacturing and support service to organizations. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other support services to organizations. 3 activity segments are registered with the MCA.
| 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 | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Shivalik Agro Poly Products Ltd, buy the company report.
Financials of Shivalik Agro Poly Products Ltd
FY 2025 filings availableShivalik Agro Poly Products Ltd reported revenue of ₹46.37 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹46.37 Cr ▼ 15%
Net profit · FY 2025
₹6.23 Cr margin 13.4%
EBITDA · FY 2025
₹8.91 Cr margin 19.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 20%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 20%
5 years · compounded
▼ 11%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 15% fall in the latest year. EBITDA fell 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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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 | 19.2% | ||||
| Net Profit Margin | 13.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Shivalik Agro Poly Products Ltd, buy the company report.
Board of directors of Shivalik Agro Poly Products Ltd
Shivalik Agro Poly Products has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Gupta Also directs: Spinoff Green Energies Private Limited, Spinoff Infinity Energies Private Limited, Spinoff Technopark Limited and 1 more | Director | 01 Jan 2005 | 21 Years 10 Months | Current |
| Manbir Singh | Director | 27 Dec 2019 | 6 Years 10 Months | Current |
| Venugopalan Mannil Also directs: Shri Kailash Logistics (Chennai) Limited | Director | 26 Jul 2014 | 12 Years 3 Months | Current |
| Gordhan Das Tyagi Also directs: Shivalik Prismo India Private Limited | Whole-Time Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Alka Mahajan Also directs: Rozelle Cosmetics Private Limited, P P Perfect Pacs Pvt Ltd, Appp Infrastructure Private Limited and 1 more | Director | 19 Oct 2008 | 18 Years 0 Months | Current |
| Priyanka Mahajan Also directs: Rozelle Cosmetics Private Limited, P P Perfect Pacs Pvt Ltd, Appp Infrastructure Private Limited and 1 more | Director | 19 Oct 2008 | 18 Years 0 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer comparison
Shivalik Agro Poly Products Ltd is compared with the 4 companies closest to it by revenue in the Packaging industry (Films and Foils), 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 |
|---|---|---|---|---|---|---|
| Newpack Plastics Private Limited | ₹46.61 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| Shivalik Agro Poly Products Ltdthis company | ₹46.37 Cr (FY 2025) | ₹6.23 Cr | 13.4% | -15.0% | 88 | Solan, Himachal Pradesh, India |
| K. K. Organosys and Polymers Private Limited | ₹46.08 Cr (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Dot Propack Industries Private Limited | ₹45.42 Cr (FY 2024) | -16.0% | Aurangabad, Maharashtra, India | |||
| Lakhotia Metalizers Private Limited | ₹45.17 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shivalik Agro Poly Products Ltd, buy the company report.
Auditor
Shivalik Agro Poly Products Ltd is audited by J R Khanna & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J R Khanna & Co. | FY 2023 | 004315N |
Shareholding
The shareholding of Shivalik Agro Poly Products Ltd 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 Shivalik Agro Poly Products Ltd, buy the company report.
Charges & borrowings
Open charges
₹19.5 Cr
Satisfied charges
₹46.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2007 | 10076148 | Bank of India | ₹19.5 Cr | Open | |
| 28 Sep 2015 | 100025594 | Hdfc Bank Limited | ₹3.39 Cr | Satisfied | |
| 14 Oct 2011 | 10315404 | Director of Industries | ₹8.98 Lakh | Satisfied | |
| 05 Feb 2009 | 10142699 | Allahabad Bank | ₹3.75 Cr | Satisfied | |
| 13 Jun 2008 | 10107094 | Allahabad Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Shivalik Agro Poly Products Ltd, buy the company report.
Total charge records: 21 View all charges
Legal cases
Shivalik Agro Poly Products Ltd has 41 court cases on record: 24 filed by Shivalik Agro Poly Products, 17 filed against it. 7 cases are pending and 34 are disposed.
Total cases
41
Filed by the company
24
Filed against the company
17
Pending
7
Disposed
34
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 10 | 4 |
| District courts | 14 | 5 | 3 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Himachal Pradesh | Writ petition | Filed against the company by Punjab State Grains Procurement Corporation Ltd (Pungrain) | Disposed |
| High Court of Himachal Pradesh | Writ petition | Filed against the company by Punjab State Civil Supplies Corporation Ltd (Punsup) | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against The Punjab State Civil Supplies Corporation Ltd and 3 others | Disposed |
| High Court, HIMACHAL PRADESH | Arbitration matter | Filed against the company by an individual | Pending |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against The State of HP and Others(Not Applicable) and 2 others | Pending |
To see the full case history of Shivalik Agro Poly Products Ltd, 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 Shivalik Agro Poly Products Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shivalik Agro Poly Products Ltd has a workforce of 88 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
88
Active EPFO establishments
2
Employee growth
-4.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 88 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shivalik Agro Poly Products Ltd, buy the company report.
GST
Shivalik Agro Poly Products has 15 GST registrations: 6 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
15
Active
6
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AACCS1454K1ZL | Himachal Pradesh | Active | 01 Jul 2017 |
| 02AACCS1454K3ZJ | Himachal Pradesh | Active | 01 Jul 2017 |
| 07AACCS1454K1ZB | Delhi | Active | 01 Jul 2017 |
| 07AACCS1454K2ZA | Delhi | Active | 14 Sep 2017 |
To see the full GST registrations and return filing status of Shivalik Agro Poly Products Ltd, buy the company report.
Recent activity
Shivalik Agro Poly Products Ltd has 25 board changes on record since 2005: 9 appointments and 16 cessations. The latest: Madan Singh Raghav ceased to be Director on 30 Sep 2021.
AGM
Shivalik Agro Poly Products Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shivalik Agro Poly Products Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge with Bank Of India of Rs. 19.50 Cr registered on 15 Nov 2007 with Charge ID 10076148 was modified on 15 May 2024.
Charges
A charge registered on 14 Oct 2011 via Charge ID 10315404 with Director Of Industries was fully satisfied on 18 Feb 2022.
Charges
A charge registered on 20 Sep 2007 via Charge ID 10067755 with Director Of Industries H.P. Thru Member Secretary Single Window Clearance Agency Parwanoo was fully satisfied on 18 Feb 2022.
Ceased
Madan Singh Raghav ceased to be Director.
Ceased
Manbir Singh ceased to be Additional Director.
Appointed
Manbir Singh was appointed as Director.
Ceased
Naresh Arora ceased to be Director.
Ceased
Sanjay Gupta ceased to be Director.
Ceased
Venugopalan Mannil ceased to be Director.
Ceased
Alka Mahajan ceased to be Whole-Time Director.
67 earlier events are in the company report.
Frequently asked questions
Shivalik Agro Poly Products is an active public limited company based in Solan, Himachal Pradesh, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 07 December 1976 (50+ years old) and is registered under CIN U15131HP1976PLC003703.
Shivalik Agro Poly Products has 9 current directors:
- Pankaj Kumar Mahajan - Managing Director
- Gordhan Das Tyagi - Whole-Time Director
- Prateek Mahajan - Whole-Time Director
- Sanjay Gupta - Director
- Manbir Singh - Director
- Venugopalan Mannil - Director
- Alka Mahajan - Director
- Priyanka Mahajan - Director
- Tushar Dasgupta - Director
The latest financial statements of Shivalik Agro Poly Products 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 Shivalik Agro Poly Products is 02AACCS1454K1ZL, registered in Himachal Pradesh. The company has 15 GST registrations in all, of which 6 are active and 9 are cancelled or inactive. Other active GSTINs include 02AACCS1454K3ZJ (Himachal Pradesh), 07AACCS1454K1ZB (Delhi), 07AACCS1454K2ZA (Delhi).
The CIN (Corporate Identification Number) of Shivalik Agro Poly Products is U15131HP1976PLC003703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivalik Agro Poly Products has 41 court cases on record: 24 filed by the company and 17 filed against it. 7 are pending. Most are in the high courts.
Shivalik Agro Poly Products was incorporated on 07 December 1976, making it 50+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Shivalik Agro Poly Products by revenue are Newpack Plastics Private Limited, K. K. Organosys and Polymers Private Limited, Dot Propack Industries Private Limited, Lakhotia Metalizers Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Madan Singh Raghav ceased to be Director on 30 Sep 2021. Manbir Singh ceased to be Additional Director on 30 Sep 2020. Manbir Singh was appointed as Director on 27 Dec 2019. Shivalik Agro Poly Products has 25 board changes on record in total.
Yes, Shivalik Agro Poly Products is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0002583).
Shivalik Agro Poly Products can be reached through the website shivalikagropoly.com. Its registered office is in Solan, Himachal Pradesh, India.
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