Sigma Packaging Private Limited
About Sigma Packaging Private Limited
Data last updated:
Sigma Packaging Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 16 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28127MH1984PTC034267. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹33 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Salil Devidas Kulkarni and Rewati Salil Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 16 Swapna Sakar Society Model Town J.P. Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.16 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹19.68 Lakh (net margin -6.2%) and EBITDA of -₹4.66 Lakh (EBITDA margin -1.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has open charges of ₹4.63 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sigma Packaging Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address16 Swapna Sakar Society Model Town J.P. Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Sigma Packaging Private 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 Sigma Packaging 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 Sigma Packaging Private Limited, buy the company report.
Financials of Sigma Packaging Private Limited
FY 2019 filings availableSigma Packaging Private Limited reported revenue of ₹3.16 Cr (down 27% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 27% fall in the latest year. EBITDA fell 128% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.16 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹4.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Sigma Packaging Private Limited, buy the company report.
Board of directors of Sigma Packaging Private Limited
Sigma Packaging has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salil Devidas Kulkarni Also directs: Epsilon Polymers Private Limited | Director | 16 Oct 1984 | 42 Years 0 Months | Current |
| Rewati Salil Kulkarni Also directs: Epsilon Polymers Private Limited | Director | 27 Nov 2005 | 20 Years 10 Months | Current |
Peer comparison
Sigma Packaging Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Anjani Polypack Private Limited | ₹3.39 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Krishna Coirs Private Limited | ₹3.38 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Charminar Polysacks Private Limited | ₹3.25 Cr (FY 2024) | 241.0% | Hyderabad, Telangana, India | |||
| Blaze Polypacks (India) Private Limited | ₹3.24 Cr (FY 2024) | 436334.0% | Kozhikode, Kerala, India | |||
| Sigma Packaging Private Limitedthis company | ₹3.16 Cr (FY 2019) | -₹19.68 Lakh | -6.2% | -27.0% | Mumbai, Maharashtra, India | |
| Dunnage Bag Private Limited | ₹3.08 Cr (FY 2025) | 6.0% | Bharuch, Gujarat, India |
To see the full peer comparison of Sigma Packaging Private Limited, buy the company report.
Auditor
Sigma Packaging Private Limited is audited by A S BHOSALE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S BHOSALE & CO | FY 2019 | 116308W |
Shareholding
The shareholding of Sigma Packaging Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sigma Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2007 | 10049390 | Industrial Development Bank of India Limited | ₹65 Lakh | Open | |
| 13 Mar 2007 | 10063787 | Industrial Development Bank of India Limited | ₹1.25 Cr | Open | |
| 13 Mar 2007 | 10049389 | Industrial Development Bank of India Limited | ₹7 Lakh | Open | |
| 13 Jul 2006 | 10010584 | The United Western Bank Ltd | ₹60 Lakh | Open | |
| 08 Jul 2006 | 10010140 | The United Western Bank Ltd | ₹7 Lakh | Open |
To see the full charge records of Sigma Packaging Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Sigma Packaging Private Limited has 5 court cases on record: 1 filed by Sigma Packaging, 4 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by M/S Katariya Polymers P Ltd | Disposed |
| District court, Daman, The Dadra And Nagar Haveli And Daman And Diu | Civil suit | Filed against the company by M/S. Kandui Industries Pvt Ltd | Disposed |
| District court, Satara, Maharashtra | Court case (Spl .Dkst) | Filed against the company by M/S. Sobis Tex Through, Pro. Shri. Sadanand D. Soman | Pending |
| District court, Satara, Maharashtra | Court case (R.C.A.) | Filed by the company against M/S Sobis Tex and 1 other | Pending |
| District court, Satara, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Sigma Packaging Private 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
No delayed payments to MSME suppliers are on our record for Sigma Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sigma Packaging Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Sigma Packaging has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sigma Packaging Private Limited, buy the company report.
Recent activity
Sigma Packaging Private Limited has 3 board changes on record since 1984: 2 appointments and 1 cessation. The latest: Devidas Yashwant Kulkarni ceased to be Director on 07 Sep 2018.
15 earlier events are in the company report.
Frequently asked questions
Sigma Packaging is an active private limited company based in Mumbai, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 16 October 1984 (42+ years old) and is registered under CIN U28127MH1984PTC034267.
Sigma Packaging has 2 current directors:
- Salil Devidas Kulkarni - Director
- Rewati Salil Kulkarni - Director
The latest financial statements of Sigma Packaging on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Sigma Packaging has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sigma Packaging is U28127MH1984PTC034267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sigma Packaging has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending.
Sigma Packaging was incorporated on 16 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sigma Packaging by revenue are Anjani Polypack Private Limited, Krishna Coirs Private Limited, Charminar Polysacks Private Limited, Blaze Polypacks (India) Private Limited, Dunnage Bag Private Limited, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Devidas Yashwant Kulkarni ceased to be Director on 07 Sep 2018. Rewati Salil Kulkarni was appointed as Director on 27 Nov 2005. Salil Devidas Kulkarni was appointed as Director on 16 Oct 1984.
The registered office of Sigma Packaging is at 16 Swapna Sakar Society Model Town J.P. Road Andheri West, Mumbai, Maharashtra, India – 400053.
Sigma Packaging operates in the packaging industry, in the woven packaging products segment.