Sri Vari Papers Private Limited
About Sri Vari Papers Private Limited
Data last updated:
Sri Vari Papers Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 09 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U21012TZ1994PTC004911. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Arumugam Senthilkumar (Managing Director) and Nandakumar Selvarani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15 Bhavani Main Road Erode, Tamil Nadu, India – 638004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.86 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Lakh (net margin 62.7%) and EBITDA of ₹1.16 Lakh (EBITDA margin 62.7%). Revenue has declined at a compounded annual rate (CAGR) of 166% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹11.3 Cr on record. Court records list 31 cases involving the company, including 24 filed by the company and 7 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Vari Papers Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 Bhavani Main Road Erode, Tamil Nadu, India – 638004
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Sri Vari Papers 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
Financials of Sri Vari Papers Private Limited
FY 2025 filings availableSri Vari Papers Private Limited reported revenue of ₹1.86 Lakh (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 85% fall in the latest year. EBITDA fell 90% 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 |
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| EBITDA | ₹1.16 Lakh | ||||
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| Net Profit (PAT) | ₹1.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.7% | ||||
| Net Profit Margin | 62.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sri Vari Papers Private Limited, buy the company report.
Board of directors of Sri Vari Papers Private Limited
Sri Vari Papers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandakumar Selvarani | Whole-Time Director | 25 Sep 2003 | 23 Years 1 Months | Current |
| Arumugam Senthilkumar Also directs: Seed2scale Capital LLP | Managing Director | 09 Oct 1995 | 31 Years 0 Months | Current |
Peer comparison
Sri Vari Papers Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paper), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toreda Global Private Limited | ₹1.91 Lakh (FY 2025) | -98.0% | Vadodara, Gujarat, India | |||
| Jaina Offset Private Limited | ₹1.9 Lakh (FY 2025) | 12.0% | Uttar Pradesh, India | |||
| Gyanwai Paper and Board Private Limited | ₹1.9 Lakh (FY 2025) | -30.0% | Shahjahanpur, Uttar Pradesh, India | |||
| M A Paper & Cardboard Factory Pvt Ltd | ₹1.88 Lakh (FY 2025) | -59.0% | Kolkata, West Bengal, India | |||
| Divine Corpack Private Limited | ₹1.87 Lakh (FY 2022) | -7.0% | New Delhi, Delhi, India | |||
| Sri Vari Papers Private Limitedthis company | ₹1.86 Lakh (FY 2024) | ₹1.16 Lakh | 62.7% | -85.0% | Erode, Tamil Nadu, India | |
| Arjun Paper Processing Pvt Ltd | ₹1.85 Lakh (FY 2019) | -5.0% | Mumbai, Maharashtra, India | |||
| Wrapping and Packaging Private Limited | ₹1.8 Lakh (FY 2024) | Delhi, India | ||||
| Reema Papers Private Limited | ₹1.79 Lakh (FY 2017) | 123.0% | Delhi, India | |||
| Raghav Tradex Private Limited | ₹1.78 Lakh (FY 2020) | -49.0% | Delhi, India | |||
| Narayni Kraft & Paper Mills Limited | ₹1.78 Lakh (FY 2022) | 67.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sri Vari Papers Private Limited, buy the company report.
Shareholding
The shareholding of Sri Vari Papers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sri Vari Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2008 | 10130406 | City Union Bank | ₹2.95 Cr | Satisfied | |
| 06 May 2005 | 90001863 | The Tamilnadu Industrial Investment Corporation Ltd. | ₹90 Lakh | Satisfied | |
| 07 Oct 1998 | 90003324 | The State Bank of India | ₹1.9 Cr | Satisfied | |
| 01 Apr 1998 | 90003254 | The Tamilnadu Industrial of the Investment Corporation Ltd. | ₹20 Lakh | Satisfied | |
| 13 Feb 1998 | 90003227 | The State Bank of India | ₹65 Lakh | Satisfied |
To see the full charge records of Sri Vari Papers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Sri Vari Papers Private Limited has 31 court cases on record: 24 filed by Sri Vari Papers, 7 filed against it. 6 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 6 | 6 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The State of Tamil Nadu and 2 others | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamil Nadu and 3 others | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| High Court, TAMIL NADU | Court case (WAMP) | Filed by the company against The State of Tamilnadu Rep.By and 3 others | Pending |
To see the full case history of Sri Vari Papers 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 Sri Vari Papers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sri Vari Papers Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Sri Vari Papers 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 Sri Vari Papers Private Limited, buy the company report.
Recent activity
Sri Vari Papers Private Limited has 10 board changes on record since 1995: 3 appointments and 7 cessations. The latest: Palanivelappan Nalinee ceased to be Director on 18 Nov 2025.
20 earlier events are in the company report.
Frequently asked questions
Sri Vari Papers is an active private limited company based in Erode, Tamil Nadu, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 09 March 1994 (32+ years old) and is registered under CIN U21012TZ1994PTC004911.
Sri Vari Papers has 2 current directors:
- Arumugam Senthilkumar - Managing Director
- Nandakumar Selvarani - Whole-Time Director
The latest financial statements of Sri Vari Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Sri Vari Papers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sri Vari Papers is U21012TZ1994PTC004911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Vari Papers has 31 court cases on record: 24 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
Sri Vari Papers was incorporated on 09 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sri Vari Papers by revenue are Toreda Global Private Limited, Jaina Offset Private Limited, Gyanwai Paper and Board Private Limited, M A Paper & Cardboard Factory Pvt Ltd, Divine Corpack Private Limited and 5 more, all in the Manufacturing industry (Paper).
Palanivelappan Nalinee ceased to be Director on 18 Nov 2025. Mohan Kumar Thangavelu ceased to be Whole-Time Director on 16 Nov 2016. Senguttuvan Soundararajan ceased to be Director on 16 Nov 2016. Sri Vari Papers has 10 board changes on record in total.
The registered office of Sri Vari Papers is at 15 Bhavani Main Road Erode, Tamil Nadu, India – 638004.
Sri Vari Papers operates in the manufacturing industry, in the paper and packaging products segment.