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About Sunflex Packagers (India) Private Limited
Data last updated:
Sunflex Packagers (India) Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Colourflex Laminators Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial packaging solutions segment of the packaging sector. It was incorporated on 23 September 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2004PTC044786. Its GSTIN is 24AAICS7069N1ZO (Gujarat).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Pradipkumar Khodabhai Patel (Managing Director) and Yogeshbhai Chinubhai Patel.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at First Floor 130 Shukan Mall Nr.Panchamrut Bunglows – 1 Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.64 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 36.1%) and EBITDA of ₹1.98 Cr (EBITDA margin 54.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 15% over five years.
As per MCA filings, the company had satisfied charges of ₹4.89 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2014. Its 10 peer companies in the Packaging industry (Industrial Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is L. N. Packaging Private Limited with revenue of ₹3.66 Cr.
The last known website on record is sunflexpackagers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFirst Floor 130 Shukan Mall Nr.Panchamrut Bunglows – 1 Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryPackaging, Industrial Packaging Solutions
- 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 Sunflex Packagers (India) Private Limited
The main business activity of Sunflex Packagers (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Sunflex Packagers (India) Private Limited FY 2023 filings available
Sunflex Packagers (India) Private Limited reported revenue of ₹3.64 Cr (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Sunflex Packagers (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 27% growth in the latest year. EBITDA rose 38% 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 of Sunflex Packagers (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.64 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.31 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 Sunflex Packagers (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 36.1% | •••• | •••• | •••• | •••• |
| 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 Sunflex Packagers (India) 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 Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| L. N. Packaging Private Limited | ₹3.66 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Telangana, India |
| Jaspack Industries Private Limited | ₹3.65 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Express Colour Scan Pvt Ltd | ₹3.65 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Corrocontrol Packsys Private Limited | ₹3.64 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Kolhapur, Maharashtra, India |
| PSR Cartons and Packers Private Limited | ₹3.64 Cr (FY 2025) | •••• | •••• | 366.0% | •••• | Mohali, Punjab, India |
| Sunflex Packagers (India) Private Limited this company | ₹3.64 Cr (FY 2023) | •••• | •••• | 27.0% | •••• | Ahmedabad, Gujarat, India |
| Tirupati Inks Limited. | ₹3.64 Cr (FY 2017) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Packspace Packaging World Limited | ₹3.63 Cr (FY 2023) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Ecoquik Box Private Limited | ₹3.62 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Chennai, Tamil Nadu, India |
| Amivarsha Packagers Private Limited | ₹3.61 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Woodlark Packaging Private Limited | ₹3.6 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sunflex Packagers (India) by revenue in the Packaging industry (Industrial Packaging), 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 Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) Private Limited is audited by Shah Rajesh & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Rajesh & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogeshbhai Chinubhai Patel Also directs: Titiksa Hospitality LLP, Delicious Fusion Private Limited | Director | 01 Jun 2009 | 17 Years 4 Months | As last reported |
| Pradipkumar Khodabhai Patel Also directs: Colourflex Laminators Limited | Managing Director | 23 Sep 2004 | 22 Years 0 Months | As last reported |
| Manojkumar Rajendrkumar Patel Also directs: Colourflex Laminators Limited | Director | 23 Sep 2004 | 22 Years 0 Months | As last reported |
Ownership and Shareholding of Sunflex Packagers (India) Private 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 Sunflex Packagers (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2017 | Axis Bank Limited | ₹1.56 Cr | Satisfied |
| 10 Oct 2006 | Central Bank of India | ₹3.33 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 3 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.
Employees and EPFO Compliance at Sunflex Packagers (India) Private Limited
Employment history and EPFO contributions of people linked to Sunflex Packagers (India).
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.
Group Structure of Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Pradipkumar Khodabhai Patel ceased to be Director on 27 Sep 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sunflex Packagers (India) Private 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 Sunflex Packagers (India) Private 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 Sunflex Packagers (India) Private 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 Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS7069N1ZO | Gujarat | 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 Sunflex Packagers (India) Private 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 Sunflex Packagers (India) Private Limited
Sunflex Packagers (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sunflex Packagers (India) was a private limited company based in Ahmedabad, Gujarat, India. The company worked in industrial packaging solutions, within the packaging industry. It was incorporated on 23 September 2004 and is registered under CIN U25202GJ2004PTC044786. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sunflex Packagers (India) was incorporated on 23 September 2004. It is registered with the Registrar of Companies, Ahmedabad.
Sunflex Packagers (India) had 3 directors:
- Pradipkumar Khodabhai Patel - Managing Director
- Yogeshbhai Chinubhai Patel - Director
- Manojkumar Rajendrkumar Patel - Director
The CIN (Corporate Identification Number) of Sunflex Packagers (India) is U25202GJ2004PTC044786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sunflex Packagers (India) is at First Floor 130 Shukan Mall Nr.Panchamrut Bunglows – 1 Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
Sunflex Packagers (India) can be reached through the website sunflexpackagers.com. Its registered office is in Ahmedabad, Gujarat, India.
Sunflex Packagers (India) reported revenue of ₹3.64 Cr for FY 2023 (up 27% YoY).
Sunflex Packagers (India) has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.
Sunflex Packagers (India) reported a net profit of ₹1.31 Cr (net margin 36.1%) and EBITDA of ₹1.98 Cr (EBITDA margin 54.5%) for FY 2023, as per its filed financial statements.
The GSTIN of Sunflex Packagers (India) is 24AAICS7069N1ZO, registered in Gujarat.