About Speciality Papers Limited
Data last updated:
Speciality Papers Limited is a public limited company based in Vapi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 18 July 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L21012GJ1961PLC001073. Its GSTIN is 27AAECS0861Q2ZT (Maharashtra). The company holds 3 GST registrations, of which 1 is active. Its shares are listed on BSE: 502465.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹156.16 Cr. It is led by directors including Bhakti Ashish Thakkar and Dayaram Ramdular Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 105 1st Floor Shree Jalaram Complex Co. Op. Soc. Near Dcb Bank Silvassa Road Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.29 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹46.42 Cr (net margin -324.8%) and EBITDA of -₹48.25 Cr (EBITDA margin -337.5%). Revenue has grown at a compounded annual rate (CAGR) of 381% over three years and 66% over five years.
The company is associated with 1 brand: Speciality Papers. As per MCA filings, the company has satisfied charges of ₹51.29 Cr on record. Court records list 82 cases involving the company, including 7 filed by the company and 75 filed against it; 13 cases are pending. The company has 146 deals on record (145 market trades, 1 acquisition); the latest was in August 2017. Its 10 peer companies in the Manufacturing industry (Paper) are compared by revenue, 5 larger and 5 smaller; the largest is Anira Paper Mills Private Limited with revenue of ₹14.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliablepaperindia.com.
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- Website
- Social MediaLocked
- Registered Address105 1st Floor Shree Jalaram Complex Co. Op. Soc. Near Dcb Bank Silvassa Road Vapi, Gujarat, India – 396191
- 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 Speciality Papers Limited
The main business activity of Speciality Papers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| 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 |
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 Speciality Papers Limited FY 2024 filings available
Speciality Papers Limited reported revenue of ₹14.29 Cr (down 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Speciality Papers Limited
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. 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 Speciality Papers Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹14.29 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹48.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹46.42 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 Speciality Papers Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -337.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -324.8% | •••• | •••• | •••• | •••• |
| 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 Speciality Papers 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 Speciality Papers Limited
Speciality Papers Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anira Paper Mills Private Limited | ₹14.64 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Bhilwara, Rajasthan, India |
| Manomay Paper Packaging Private Limited | ₹14.63 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Hyderabad, Telangana, India |
| Jinraj Paper Udyog Private Limited | ₹14.47 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Delhi, India |
| Release Tech Paper Conversion Pvt.Ltd. | ₹14.41 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Katama Biomed Private Limited | ₹14.41 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Chennai, Tamil Nadu, India |
| Speciality Papers Limited this company | ₹14.29 Cr (FY 2020) | •••• | •••• | -17.0% | •••• | Vapi, Gujarat, India |
| Samarth Paper Machines Private Limited | ₹14.25 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Aurangabad, Maharashtra, India |
| Genus Paper and Coke Limited | ₹14.24 Cr (FY 2025) | •••• | •••• | -77.0% | •••• | Moradabad, Uttar Pradesh, India |
| Pristine Paper Products Private Limited | ₹14.17 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Jai Durga Kraft Papers Private Limited | ₹14.11 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Malerkotla, Punjab, India |
| Vishnuvardhan Papers Mills Private Limited | ₹14.09 Cr (FY 2015) | •••• | •••• | -57.0% | •••• | Udumalpet, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Speciality Papers by revenue in the Manufacturing industry (Paper), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Speciality Papers Limited
Auditor information for Speciality Papers Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Speciality Papers Limited
Speciality Papers has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nemchand Jethalal Gala | Additional Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Bhakti Ashish Thakkar | Director | 13 Oct 2018 | 7 Years 11 Months | Current |
| Dayaram Ramdular Sharma Also directs: Prime Hygiene Papers Private Limited | Director | 11 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Speciality Papers 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 Speciality Papers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2004 | State Bank of India | ₹22.6 Cr | Satisfied |
| 25 Mar 2004 | State Bank of India | ₹25.1 Cr | Satisfied |
| 01 Oct 1997 | Dena Bank | ₹2.65 Cr | Satisfied |
| 13 Apr 1989 | Dena Bank | ₹24 Lakh | Satisfied |
| 13 Apr 1989 | Dena Bank | ₹15 Lakh | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Speciality Papers Limited
Speciality Papers Limited has 146 deals on record (145 market trades, 1 acquisition); the latest was in August 2017.
Deals on record (5 of 146)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Market trade | ₹7.6 Lakh | Buyer: Anvita Real Estate Private Limited Seller: Abhilasha Traders |
| Jun 2017 | Market trade | ₹17.4 Lakh | Buyer: Aradhana Traders, Abhilasha Traders Seller: Abjayoni Trading Private Limited , Sanmay Trading Private Limited |
| May 2017 | Market trade | ₹14.9 Lakh | Buyer: Zuber Trading LLP Seller: Ethan Constructions Private Limited , Anvita Real Estate Private Limited |
| May 2017 | Market trade | ₹5 Lakh | Buyer: Zuber Trading LLP Seller: Parkway Properties Private Limited |
| May 2017 | Market trade | ₹29.8 Lakh | Buyer: Suketu Commosales LLP , Adan Traders LLP , Shine Commosales LLP Seller: Ethan Constructions Private Limited , Anumita Infrastructure Private Limited , A S B N Commodities & Fineserve Private Limited |
Full deal history
All 146 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 Speciality Papers Limited
Speciality Papers Limited has 82 court cases on record: 7 filed by Speciality Papers, 75 filed against it. 13 cases are pending and 69 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 67 | 13 |
| High courts | 13 | 8 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by S. N. Tradelink Private Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed against the company by Galaxy Sivtek Private Limited | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by S. N. Tradelink Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Registrar of Companies | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
Full case history
All 82 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.
Associated Brands with Speciality Papers Limited
Speciality Papers operates one associated brand: Speciality Papers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blogging on surveys, logins, and digital services platforms. | specialitypaperslimited.com |
Employees and EPFO Compliance at Speciality Papers Limited
Employment history and EPFO contributions of people linked to Speciality Papers.
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 Speciality Papers Limited
Speciality Papers has one previous CIN (Corporate Identification Number): U21012GJ1961PLC001073. The current CIN is L21012GJ1961PLC001073, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21012GJ1961PLC001073 | Current |
| U21012GJ1961PLC001073 | Previous |
Recent Activity on Speciality Papers Limited
Speciality Papers Limited has 35 board changes on record since 1996: 19 appointments and 16 cessations. The latest: Tanil Mafatlal Shah ceased to be Director on 25 Apr 2024.
50 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Speciality Papers 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.
MSME Payment Delays by Speciality Papers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Speciality Papers 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 Speciality Papers Limited
Speciality Papers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS0861Q2ZT | Maharashtra | Active | 01 Jul 2017 |
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 Speciality Papers 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 Speciality Papers Limited
Speciality Papers is an active public limited company based in Vapi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 18 July 1961 (65+ years old) and is registered under CIN L21012GJ1961PLC001073. Listed on BSE: 502465.
Speciality Papers reported revenue of ₹14.29 Cr for FY 2020 (down 17% YoY).
Speciality Papers has 3 current directors:
- Nemchand Jethalal Gala - Additional Director
- Bhakti Ashish Thakkar - Director
- Dayaram Ramdular Sharma - Director
Speciality Papers reported a net loss of ₹46.42 Cr (net margin -324.8%) and EBITDA of -₹48.25 Cr (EBITDA margin -337.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Speciality Papers is 381% over three years and 66% over five years. In the latest year (FY 2020) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Speciality Papers is 27AAECS0861Q2ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Speciality Papers is L21012GJ1961PLC001073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Speciality Papers is listed on BSE with code 502465.
Speciality Papers has 82 court cases on record: 7 filed by the company and 75 filed against it. 13 are pending. Most are in the district courts.
Speciality Papers was incorporated on 18 July 1961, making it 65+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Speciality Papers has 146 deals on record (145 market trades, 1 acquisition); the latest was in August 2017.