Shrinidhi Laminates Limited - machinery and equipment in Mehsana, Gujarat, India. FY 2026 financials & compliance.
CIN U24231GJ1991PLC016720 Incorporated 03 December 1991 ROC Ahmedabad HQ Mehsana, Gujarat, India
Active Public Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹41.31 Cr
▼ 2% YoY
Net profit · FY 2024
₹14.32 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹2.25 Cr
EBITDA margin 5.5%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹4.7 Cr
Issued & subscribed
Open charges
₹22.94 Cr
Satisfied ₹1.47 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
17
Provident fund records

About Shrinidhi Laminates Limited

Data last updated:

Shrinidhi Laminates Limited is a public limited company based in Mehsana, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 03 December 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1991PLC016720. Its GSTIN is 24AAACD7638Q1Z6 (Gujarat).

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.7 Cr. It was formerly known as Duro Lam Limited. It is led by directors including Rohit Rajkumar Agarwal (Whole-Time Director) and Anurag Manojkumar Jain.

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. 1195/3 1196/1 Chhatral Mehsana Highway Rajpur Ta. Ka, Di, Gujarat, India – 382715.

As per the financials filed for FY 2024, the company reported a revenue of ₹41.31 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Lakh (net margin 0.3%) and EBITDA of ₹2.25 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 9% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹22.94 Cr and satisfied charges of ₹1.47 Cr on record. Court records list 31 cases involving the company, including 13 filed by the company and 18 filed against it; 8 cases are pending.

Shrinidhi Laminates Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0000690). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrinidhilaminates.co.in.

Company details

CIN U24231GJ1991PLC016720
Registration Number 016720
Incorporation Date 03 December 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-14-0000690

CIN history

Shrinidhi Laminates has one previous CIN (Corporate Identification Number): L24231GJ1991PLC016720. The current CIN is U24231GJ1991PLC016720, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24231GJ1991PLC016720Current
L24231GJ1991PLC016720Previous

Recognitions & Rankings of Shrinidhi Laminates

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-14-0000690

Contact details

Shrinidhi Laminates Limited's registered office is in Mehsana, Gujarat. Its website is shrinidhilaminates.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 1195/3 1196/1 Chhatral Mehsana Highway Rajpur Ta. Ka, Di, Gujarat, India – 382715
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Shrinidhi Laminates Limited, buy the company report.

Comprehensive company report
Shrinidhi Laminates 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 Shrinidhi Laminates is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Shrinidhi Laminates Limited, buy the company report.

Financials of Shrinidhi Laminates Limited

FY 2025 filings available

Shrinidhi Laminates Limited reported revenue of ₹41.31 Cr (down 2% YoY) for FY 2024.

Revenue · FY 2024
₹41.31 Cr ▼ 2%
Net profit · FY 2024
₹14.32 Lakh margin 0.3%
EBITDA · FY 2024
₹2.25 Cr margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 39%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 22%
5 years · compounded
▲ 12%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 13% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹41.31 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.32 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.5%
Net Profit Margin0.3%
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 Shrinidhi Laminates Limited, buy the company report.

Board of directors of Shrinidhi Laminates Limited

Shrinidhi Laminates has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rohit Rajkumar AgarwalWhole-Time Director06 Apr 200917 Years 7 MonthsCurrent
Anurag Manojkumar JainDirector09 Jun 20179 Years 5 MonthsCurrent
Pradeep Singh ShekhawatAdditional Director30 Oct 20251 Years 0 MonthsCurrent

Peer comparison

Shrinidhi Laminates Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Yamuna Interiors Private Limited₹42 Cr (FY 2025)8.0%Yamuna Nagar, Haryana, India
Shashi Timber & Plywood Industries Pvt Ltd₹41.88 Cr (FY 2024)-21.0%Kolkata, West Bengal, India
Jagramji Plywoods Private Limited₹41.35 Cr (FY 2025)0.0%Jagadhari, Haryana, India
Shrinidhi Laminates Limitedthis company₹41.31 Cr (FY 2024)₹14.32 Lakh0.3%-2.0%Mehsana, Gujarat, India
National Plywood Industries Ltd₹41.14 Cr (FY 2019)-7.0%Assam, India
Redd Mica Private Limited₹40.71 Cr (FY 2024)-2.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Shrinidhi Laminates Limited, buy the company report.

Auditor

Shrinidhi Laminates Limited is audited by JITEN A. SHAH & ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
JITEN A. SHAH & ASSOCIATESFY 2024133417W

Shareholding

The shareholding of Shrinidhi Laminates Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shrinidhi Laminates Limited, buy the company report.

Charges & borrowings

Open charges
₹22.94 Cr
Satisfied charges
₹1.47 Cr
Breakdown by lending institutions
Bank of India₹22.94 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jun 201310432202Bank of India₹11.47 CrOpen
10 May 201310432201Bank of India₹11.47 CrOpen
19 Mar 2020100337069Others₹26.76 LakhSatisfied
08 Jan 200480066693Union Bank of India₹35 LakhSatisfied
06 May 199580066690Union Bank of India₹12 LakhSatisfied

To see the full charge records of Shrinidhi Laminates Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

Shrinidhi Laminates Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 170 overdue payments to 10 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 10)

SupplierAmount dueDue sinceReported on
Yug International Private Limited
Fakirsons Papchem Private Limited
Tanish Industries Private Limited
Taru Overseas Private Limited
an individual supplier

To see the full MSME payment records of Shrinidhi Laminates Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Shrinidhi Laminates has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACD7638Q1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Shrinidhi Laminates Limited, buy the company report.

Recent activity

Shrinidhi Laminates Limited has 12 board changes on record since 2009: 4 appointments and 8 cessations. The latest: Pradeep Singh Shekhawat was appointed as Additional Director on 30 Oct 2025.

Appointed
Pradeep Singh Shekhawat was appointed as Additional Director.
AGM
Shrinidhi Laminates Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 19 Mar 2020 via Charge ID 100337069 with Others was fully satisfied on 19 May 2025.
Filing
Shrinidhi Laminates Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of India of Rs. 11.47 Cr registered on 10 May 2013 with Charge ID 10432201 was modified on 11 Oct 2022.
Charges
A charge with Bank Of India of Rs. 11.47 Cr registered on 12 Jun 2013 with Charge ID 10432202 was modified on 08 Sep 2022.
Ceased
Rohit Rajkumar Agarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100337069 was registered on 19 Mar 2020.
Ceased
Ramdayal Binda ceased to be Additional Director.
Appointed
Ramdayal Binda was appointed as Director.
Ceased
Gautambhai Gopaldas Patel ceased to be Director.
Ceased
Anurag Manojkumar Jain ceased to be Additional Director.

24 earlier events are in the company report.

Frequently asked questions

Shrinidhi Laminates is an active public limited company based in Mehsana, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 03 December 1991 (35+ years old) and is registered under CIN U24231GJ1991PLC016720.

Shrinidhi Laminates has 3 current directors:

The latest financial statements of Shrinidhi Laminates 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 Shrinidhi Laminates is 24AAACD7638Q1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Shrinidhi Laminates is U24231GJ1991PLC016720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shrinidhi Laminates has 31 court cases on record: 13 filed by the company and 18 filed against it. 8 are pending. Most are in the district courts.

Shrinidhi Laminates was incorporated on 03 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Shrinidhi Laminates by revenue are Yamuna Interiors Private Limited, Shashi Timber & Plywood Industries Pvt Ltd, Jagramji Plywoods Private Limited, National Plywood Industries Ltd, Redd Mica Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Pradeep Singh Shekhawat was appointed as Additional Director on 30 Oct 2025. Rohit Rajkumar Agarwal ceased to be Director on 01 Jul 2020. Ramdayal Binda ceased to be Additional Director on 30 Sep 2019. Shrinidhi Laminates has 12 board changes on record in total.

Yes, Shrinidhi Laminates is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0000690).

Shrinidhi Laminates has 3 MSME Form 1 returns on record between 2019 and 2020, listing 170 overdue payments to 10 micro and small suppliers. The latest return was filed on 07 Oct 2020.

Shrinidhi Laminates can be reached through the website shrinidhilaminates.co.in. Its registered office is in Mehsana, Gujarat, India.