About Signode India Limited
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Signode India Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Signode Netherlands B.V. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 13 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74950TG2003PLC091521. Its GSTIN is 36AAHCS8120M1Z0 (Telangana). The company holds 23 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹74.15 Cr. It was formerly known as Strapex Packaging India Limited and Strapex India Limited. It is led by directors including Gaurav Maheshwari (Managing Director) and Santosh Chandra Tandon (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 3rd Floor Jyothi Majestic H. No. 8 – 2 – 120/84 Road No. 2 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,905.4 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹206.25 Cr (net margin 10.8%) and EBITDA of ₹336.25 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 1,019 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Wintek Flexo Prints and Signode. As per MCA filings, the company has open charges of ₹77 Cr and satisfied charges of ₹95 Cr on record. Court records list 62 cases involving the company, including 44 filed by the company and 18 filed against it; 24 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in September 2019. The company has 38 MSME Form 1 returns on record between 2014 and 2024, listing 1,472 overdue payments to 285 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 signodeindia.com.
Company details
Name history
Signode India has undergone 2 name changes throughout its history. The company was previously known as Strapex Packaging India Limited, and Strapex India Limited. The current legal name is Signode India Limited.
| Company Name | Status |
|---|---|
| Signode India Limited | Current |
| Strapex Packaging India Limited | Previous |
| Strapex India Limited | Previous |
CIN history
Signode India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74950TG2003PLC091521, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74950TG2003PLC091521 | Current |
| U74950MH2003PLC141730 | Previous |
| U74950AP2003PLC091521 | Previous |
Contact details
Signode India Limited's registered office is in Hyderabad, Telangana. Its website is signodeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Jyothi Majestic H. No. 8 – 2 – 120/84 Road No. 2 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Signode India 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
Brands
Signode India operates two associated brands: Wintek Flexo Prints and Signode. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Protective packaging systems are manufactured and distributed globally. | signode.com | |
| Label manufacturing and sustainable packaging in India. | wintek.co.in |
Business activity
The main business activities of Signode India are wholesale and retail trade; repair of motor vehicles and motorcycles, manufacturing and trade. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Signode India Limited, buy the company report.
Financials of Signode India Limited
FY 2025 filings availableSignode India Limited reported revenue of ₹1,905.4 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 3% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,905.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹336.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹206.25 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 10.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Signode India Limited, buy the company report.
Board of directors of Signode India Limited
Signode India has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Chandra Tandon | Whole-Time Director | 27 Jun 2023 | 3 Years 4 Months | Current |
| Gaurav Maheshwari Also directs: Crown Packaging India Private Limited | Managing Director | 25 Jan 2012 | 14 Years 9 Months | Current |
| Krishna Kumar | Whole-Time Director | 03 Mar 2020 | 6 Years 8 Months | Current |
| Piyush Mangal Also directs: Crown Packaging India Private Limited | Whole-Time Director | 22 Aug 2024 | 2 Years 2 Months | Current |
| Rosana Cristina Fortenberry | Additional Director | 30 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Signode India Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2025 | 304026E/E-300009 |
Shareholding
The shareholding of Signode India Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Signode India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2016 | 100073867 | Hdfc Bank Limited | ₹75 Cr | Open | |
| 09 Jul 2014 | 10512086 | State Bank of India | ₹2 Cr | Open | |
| 12 Jun 2014 | 10506802 | Citi Bank N.A. | ₹95 Cr | Satisfied |
To see the full charge records of Signode India Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Signode India Limited has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in September 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Seller: an individual |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Itw India Private Limited |
| Jun 2008 | Rights issue | ₹3.1 Cr | Investors: Itw India Private Limited |
To see the full deal history of Signode India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Signode India Limited has 62 court cases on record: 44 filed by Signode India, 18 filed against it. 24 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 6 | 12 |
| District courts | 24 | 8 | 11 |
| Supreme Court | 6 | 4 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed by the company against Transmission Corporation of A.P. Ltd. and 2 others | Pending |
| High Court for State of Telangana | Arbitration matter | Filed by the company against M/S. Kerala State Coastal Area Development Corporation Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Wipro Pari Private Limited and 2 others | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against MVS Acmei Technologies Pvt Ltd and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against MVS Acmei Technologies Pvt Ltd and 1 other | Pending |
To see the full case history of Signode India 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.
Credit ratings & regulatory alerts
Signode India Limited was last rated by Care on 07 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Mar 2022 |
To see the full credit ratings and regulatory alerts of Signode India Limited, buy the company report.
MSME payment delays
Signode India Limited has 38 MSME Form 1 returns on record between 2014 and 2024, listing 1,472 overdue payments to 285 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 285)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Singhal Thermopack Private Limited | |||
| an individual supplier | |||
| Om Vijaya Vinayaka Industries | |||
| Pepperl & Fuchs Factory Automation Private Limited | |||
| Instant Procurement Services Private Limited |
To see the full MSME payment records of Signode India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Signode India Limited has a workforce of 1,019 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,019 |
| 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 Signode India Limited, buy the company report.
GST
Signode India has 23 GST registrations: 22 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCS8120M1Z0 | Telangana | Active | 01 Jul 2017 |
| 36AAHCS8120M2ZZ | Telangana | Active | 13 Jul 2017 |
| 02AAHCS8120M1ZB | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AAHCS8120M1Z5 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Signode India Limited, buy the company report.
Recent activity
Signode India Limited has 32 board changes on record since 2008: 8 appointments and 24 cessations. The latest: Rosana Cristina Fortenberry was appointed as Additional Director on 30 Jan 2025.
30 earlier events are in the company report.
Frequently asked questions
Signode India is an active public limited company based in Hyderabad, Telangana, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 13 August 2003 (23+ years old) and is registered under CIN U74950TG2003PLC091521.
Signode India has 5 current directors:
- Gaurav Maheshwari - Managing Director
- Santosh Chandra Tandon - Whole-Time Director
- Krishna Kumar - Whole-Time Director
- Piyush Mangal - Whole-Time Director
- Rosana Cristina Fortenberry - Additional Director
The latest financial statements of Signode India 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 Signode India is 36AAHCS8120M1Z0, registered in Telangana. The company has 23 GST registrations in all, of which 22 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAHCS8120M2ZZ (Telangana), 02AAHCS8120M1ZB (Himachal Pradesh), 05AAHCS8120M1Z5 (Uttarakhand).
The CIN (Corporate Identification Number) of Signode India is U74950TG2003PLC091521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signode India has 62 court cases on record: 44 filed by the company and 18 filed against it. 24 are pending. Most are in the high courts.
Signode India was incorporated on 13 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
Signode India has 7 deals on record (5 secondary share transfers, 2 rights issues); the latest was in September 2019.
Rosana Cristina Fortenberry was appointed as Additional Director on 30 Jan 2025. Ajit Kumar Jain ceased to be Additional Director on 22 Aug 2024. Ajit Kumar Jain was appointed as Whole-Time Director on 22 Aug 2024. Signode India has 32 board changes on record in total.
Signode India has 38 MSME Form 1 returns on record between 2014 and 2024, listing 1,472 overdue payments to 285 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Signode India can be reached through the website signodeindia.com. Its registered office is in Hyderabad, Telangana, India.
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