
About Shreyans Industries Limited
Data last updated:
Shreyans Industries Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 11 June 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L17115PB1979PLC003994. Its GSTIN is 03AACCS4634H1ZM (Punjab). The company holds 5 GST registrations, of which 3 are active. Its shares are listed on BSE: 516016 and NSE: SHREYANIND.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.82 Cr. It was formerly known as Shreyans Paper Mills Ltd. It is led by directors including Rajneesh Oswal (Managing Director) and Vishal Oswal (Managing Director).
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vill. Bholapur P O Sahabana Chandigarh Road, Ludhiana, Punjab, India – 141123.
As per the financials filed for FY 2025, the company reported a revenue of ₹634.58 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹50.6 Cr (net margin 8%) and EBITDA of ₹87.33 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 1,400 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shreyans Industries. As per MCA filings, the company has open charges of ₹126.4 Cr and satisfied charges of ₹1,750.91 Cr on record. Court records list 85 cases involving the company, including 45 filed by the company and 31 filed against it; 12 cases are pending. The company has 27 deals on record (27 market trades); the latest was in July 2024. Its 10 peer companies in the Manufacturing industry (Paper) are compared by revenue, 5 larger and 5 smaller; the largest is Jodhani Papers Private Limited. The company has 4 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 24 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 shreyansgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVill. Bholapur P O Sahabana Chandigarh Road, Ludhiana, Punjab, India – 141123
- IndustryManufacturing, Paper & Packaging Products
- 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
- One PDF report, delivered after checkout
Business Activity of Shreyans Industries Limited
The main business activities of Shreyans Industries are manufacturing and trade. In detail, this covers wood and wood products, furniture, paper and paper products, chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shreyans Industries Limited FY 2025 filings available
Shreyans Industries Limited reported revenue of ₹634.58 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shreyans Industries Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 34% 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 of Shreyans Industries Limited
| 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 | ₹87.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.6 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 of Shreyans Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shreyans Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shreyans Industries Limited
Shreyans Industries Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jodhani Papers Private Limited | •••• | •••• | •••• | •••• | 152 | Pin 561203., Karnataka, India |
| K R Pulp and Papers Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Bahl Paper Mills Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| GVG Paper Mills Private Limited | •••• | •••• | •••• | •••• | - | Udumalpet, Tamil Nadu, India |
| Ruchira Papers Limited Listed | •••• | •••• | •••• | •••• | 1,065 | Himachal Pardesh, Himachal Pradesh, India |
| Shreyans Industries Limited this company | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Best Paper Mills Private Limited | •••• | •••• | •••• | •••• | 189 | Mumbai, Maharashtra, India |
| Amrit Papers Private Limited | •••• | •••• | •••• | •••• | 244 | Indore, Madhya Pradesh, India |
| Sripathi Paper and Boards Private Limited | •••• | •••• | •••• | •••• | 582 | Sathyamangalam, Tamil Nadu, India |
| Lord's Mark Industries Limited | •••• | •••• | •••• | •••• | 276 | Mumbai, Maharashtra, India |
| Jani Sales Private Limited | •••• | •••• | •••• | •••• | 46 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Shreyans Industries by revenue in the Manufacturing industry (Paper), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Shreyans Industries Limited
Shreyans Industries Limited is audited by M/S Scv & Co Llp for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S Scv & Co Llp | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shreyans Industries Limited
Shreyans Industries has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Sethi Also directs: Adinath Textiles Limited, Shreyans Financial and Capital Services Limited, Hasti Petro Chemical and Shipping Limited and 1 more | Director | 20 May 2022 | 4 Years 4 Months | Current |
| Ravinder Kumar | Director | 14 Nov 2022 | 3 Years 10 Months | Current |
| Rajneesh Oswal Also directs: Adinath Textiles Limited, Virat Investment and Mercantile Company, Adeep Investment Company and 2 more | Managing Director | 01 Aug 2008 | 18 Years 2 Months | Current |
| Vishal Oswal Also directs: Adinath Textiles Limited, Oasis Share Trading Private Limited, Achin Investment and Mercantile Company and 2 more | Managing Director | 31 Jul 1999 | 27 Years 2 Months | Current |
| Kunal Oswal | Whole-Time Director | 29 Jan 2007 | 19 Years 8 Months | Current |
| Shalini Gupta | Director | 05 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Shreyans Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shreyans Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2026 | Idbi Bank Limited | ₹16 Cr | Open |
| 12 Apr 2022 | Hdfc Bank Limited | ₹2 Cr | Open |
| 27 Mar 2020 | Others | ₹28.4 Cr | Open |
| 10 May 2012 | State Bank of India | ₹80 Cr | Open |
| 30 May 2023 | Others | ₹12.9 Cr | Satisfied |
Total charge records: 75 View all charges
Deals & Funding of Shreyans Industries Limited
Shreyans Industries Limited has 27 deals on record (27 market trades); the latest was in July 2024.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Market trade | ₹6.05 Cr | Buyer: Setu Securities Private Limited , Yuga Stocks & Commodities Private Limited Seller: Setu Securities Private Limited , Yuga Stocks & Commodities Private Limited |
| Jun 2023 | Market trade | ₹1.86 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Feb 2022 | Market trade | ₹6.09 Cr | Buyer: Anant Wealth Consultants Private Limited , Musigma Securities, Master Capital Services Limited Seller: Anant Wealth Consultants Private Limited , Musigma Securities, Master Capital Services Limited |
| Jan 2022 | Market trade | ₹2.42 Cr | Buyer: Anant Wealth Consultants Private Limited , an individual Seller: Anant Wealth Consultants Private Limited , an individual |
| Jul 2021 | Market trade | ₹1.17 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
Full deal history
All 27 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shreyans Industries Limited
Shreyans Industries Limited has 85 court cases on record: 45 filed by Shreyans Industries, 31 filed against it, 9 where it is another party. 12 cases are pending and 73 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 57 | 24 | 8 |
| District courts | 28 | 7 | 4 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Limited | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Limited | Disposed |
| Gauhati High Court | Interim or miscellaneous application | Filed by the company against Assam State Text Book Production and Publication Corporation Limited | Disposed |
| Gauhati High Court | Writ petition | Filed by the company against Assam State Text Book Production and Publication Corporation Limited | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed by the company against Punjab State Power Corporation Limited | Disposed |
Full case history
All 85 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Shreyans Industries Limited
Shreyans Industries Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 47 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sharad Projects India Limited | •••• | •••• | •••• |
| Masanzo | •••• | •••• | •••• |
| Elof Hansson (India) Private Limited | •••• | •••• | •••• |
| Brillchem India Private Limited | •••• | •••• | •••• |
| Sun Polyfab Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Shreyans Industries Limited
Shreyans Industries operates one associated brand: Shreyans Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Paper products are manufactured, exported, and supplied by Shreyans Industries. | shreyansgroup.com |
Employees and EPFO Compliance at Shreyans Industries Limited
Shreyans Industries Limited has a workforce of 1,400 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Shreyans Industries Limited
Shreyans Industries has one previous CIN (Corporate Identification Number): U17115PB1979PLC003994. The current CIN is L17115PB1979PLC003994, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17115PB1979PLC003994 | Current |
| U17115PB1979PLC003994 | Previous |
Recent Activity on Shreyans Industries Limited
Shreyans Industries Limited has 29 board changes on record since 1999: 18 appointments and 11 cessations. The latest: Pratibha Goyal ceased to be Director on 09 Aug 2024.
206 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shreyans Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shreyans Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shreyans Industries Limited
Shreyans Industries has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS4634H1ZM | Punjab | Active | 01 Jul 2017 |
| 07AACCS4634H1ZE | Delhi | Active | 08 Aug 2017 |
| 22AACCS4634H1ZM | Chhattisgarh | Active | 17 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shreyans Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shreyans Industries Limited
Shreyans Industries is an active public limited company based in Ludhiana, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 11 June 1979 (47+ years old) and is registered under CIN L17115PB1979PLC003994. Listed on BSE: 516016 and NSE: SHREYANIND.
Shreyans Industries reported revenue of ₹634.58 Cr for FY 2025 (down 14% YoY).
Shreyans Industries has 6 current directors:
- Rajneesh Oswal - Managing Director
- Vishal Oswal - Managing Director
- Kunal Oswal - Whole-Time Director
- Krishan Sethi - Director
- Ravinder Kumar - Director
- Shalini Gupta - Director
Shreyans Industries reported a net profit of ₹50.6 Cr (net margin 8%) and EBITDA of ₹87.33 Cr (EBITDA margin 13.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shreyans Industries is 2% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shreyans Industries is 03AACCS4634H1ZM, registered in Punjab. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AACCS4634H1ZE (Delhi), 22AACCS4634H1ZM (Chhattisgarh).
The CIN (Corporate Identification Number) of Shreyans Industries is L17115PB1979PLC003994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shreyans Industries is listed on both BSE (code: 516016) and NSE (symbol: SHREYANIND).
Shreyans Industries has 85 court cases on record: 45 filed by the company and 31 filed against it. 12 are pending. Most are in the high courts.
Shreyans Industries was incorporated on 11 June 1979, making it 47+ years old. It is registered with the Registrar of Companies, Chandigarh.
Shreyans Industries has 27 deals on record (27 market trades); the latest was in July 2024.
The peers of Shreyans Industries by revenue are Jodhani Papers Private Limited, K R Pulp and Papers Limited, Bahl Paper Mills Limited, GVG Paper Mills Private Limited, Ruchira Papers Limited and 5 more, all in the Manufacturing industry (Paper).