- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0000690

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 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.
| CIN | Status |
|---|---|
| U24231GJ1991PLC016720 | Current |
| L24231GJ1991PLC016720 | Previous |
Recognitions & Rankings of Shrinidhi Laminates
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
- Website
- Registered AddressPlot No. 1195/3 1196/1 Chhatral Mehsana Highway Rajpur Ta. Ka, Di, Gujarat, India – 382715
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Shrinidhi Laminates Limited, buy the company report.
- 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
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 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 Shrinidhi Laminates Limited, buy the company report.
Financials of Shrinidhi Laminates Limited
FY 2025 filings availableShrinidhi Laminates Limited reported revenue of ₹41.31 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Rajkumar Agarwal | Whole-Time Director | 06 Apr 2009 | 17 Years 7 Months | Current |
| Anurag Manojkumar Jain | Director | 09 Jun 2017 | 9 Years 5 Months | Current |
| Pradeep Singh Shekhawat | Additional Director | 30 Oct 2025 | 1 Years 0 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 0.3% | -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 firm | Financial year | Firm registration number |
|---|---|---|
| JITEN A. SHAH & ASSOCIATES | FY 2024 | 133417W |
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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2013 | 10432202 | Bank of India | ₹11.47 Cr | Open | |
| 10 May 2013 | 10432201 | Bank of India | ₹11.47 Cr | Open | |
| 19 Mar 2020 | 100337069 | Others | ₹26.76 Lakh | Satisfied | |
| 08 Jan 2004 | 80066693 | Union Bank of India | ₹35 Lakh | Satisfied | |
| 06 May 1995 | 80066690 | Union Bank of India | ₹12 Lakh | Satisfied |
To see the full charge records of Shrinidhi Laminates Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Shrinidhi Laminates Limited has 31 court cases on record: 13 filed by Shrinidhi Laminates, 18 filed against it. 8 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 12 | 7 |
| NCLT | 6 | 6 | 0 |
| High courts | 5 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed against the company by Dina Project Finance Limited and 2 others | Disposed |
| NCLT, Ahmedabad | Company petition | Filed against the company by Dina Project Finance Limited and 2 others | Disposed |
| NCLT, Ahmedabad | Court case (COMP.APPL) | Filed against the company by Dina Project Finance Limited and 2 others | Disposed |
| NCLT, Ahmedabad | Company petition | Filed against the company by Dina Project Finance Limited and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Shrinidhi Laminates 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
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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD7638Q1Z6 | Gujarat | Active | 01 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.
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:
- Rohit Rajkumar Agarwal - Whole-Time Director
- Anurag Manojkumar Jain - Director
- Pradeep Singh Shekhawat - Additional Director
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.

