Swastik Panels Private Limited

Swastik Panels Private Limited - manufacturing in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN U20211RJ2002PTC017392 Incorporated 23 January 2002 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2022
₹57.25 Lakh
▼ 49% YoY
Net loss · FY 2022
₹61.89 Lakh
Net margin -108.1%
EBITDA · FY 2022
₹31.08 Lakh
EBITDA margin 54.3%
Authorised capital
₹2.4 Cr
Registered with MCA
Paid-up capital
₹2.39 Cr
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹5.81 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
1
Provident fund records

About Swastik Panels Private Limited

Data last updated:

Swastik Panels Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 23 January 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U20211RJ2002PTC017392. Its GSTIN is 08AAGCS6098D1Z2 (Rajasthan).

The company has an authorised share capital of ₹2.4 Cr and a paid-up capital of ₹2.39 Cr. It is led by directors including Ashok Kumar Jain and Usha Devi Jain.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Jaipur, Rajasthan.

As per the financials filed for FY 2022, the company reported a revenue of ₹57.25 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹61.89 Lakh (net margin -108.1%) and EBITDA of ₹31.08 Lakh (EBITDA margin 54.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 41% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹5.81 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending.

Swastik Panels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0116704). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U20211RJ2002PTC017392
Registration Number 017392
Incorporation Date 23 January 2002
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0116704
Key People
Ashok Kumar Jain Director Usha Devi Jain Director Kanta Devi Jain Director

Recognitions & Rankings of Swastik Panels

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-RJ-17-0116704

Contact details

Swastik Panels Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shop No. G – 7 Soni Paris Point Plot No. A – 26 – A, Sawai Jai Singh Highway, Jaipur, Rajasthan, India – 302016
  • Industry
    Manufacturing, Wood Products & MDF

To see the full contact details of Swastik Panels Private Limited, buy the company report.

Comprehensive company report
Swastik Panels Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Swastik Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Swastik Panels Private Limited, buy the company report.

Financials of Swastik Panels Private Limited

FY 2022 filings available

Swastik Panels Private Limited reported revenue of ₹57.25 Lakh (down 49% YoY) for FY 2022.

Revenue · FY 2022
₹57.25 Lakh ▼ 49%
Net loss · FY 2022
₹61.89 Lakh margin -108.1%
EBITDA · FY 2022
₹31.08 Lakh margin 54.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 9%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 184%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 49% fall in the latest year. EBITDA rose 2% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹57.25 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹31.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹61.89 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin54.3%
Net Profit Margin-108.1%
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

To see the full financial statements and ratios of Swastik Panels Private Limited, buy the company report.

Board of directors of Swastik Panels Private Limited

Swastik Panels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok Kumar Jain
Also directs: Shillong Veneer and Saw Mill Private Limited
Director23 Jan 200224 Years 9 MonthsCurrent
Usha Devi Jain
Also directs: Swastik Plyboard Limited
Director30 Mar 200224 Years 7 MonthsCurrent
Kanta Devi JainDirector20 Sep 20215 Years 1 MonthsCurrent
View all directors

Peer comparison

Swastik Panels Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hillwood Imports and Exports Private Limited₹60.04 Lakh (FY 2024)0.0%Kozhikode, Kerala, India
Kaziranga Wood Products Pvt Ltd₹58.47 Lakh (FY 2025)-22.0%Assam, India
Kandla Veneers Private Limited₹57.3 Lakh (FY 2022)-87.0%Varsamedi, Gujarat, India
Swastik Panels Private Limitedthis company₹57.25 Lakh (FY 2022)-₹61.89 Lakh-108.1%-49.0%1Jaipur, Rajasthan, India
Simran Woods Private Limited₹56.4 Lakh (FY 2024)-71.0%New Delhi, Delhi, India
Navneet Stationers Private Limited₹55.03 Lakh (FY 2018)-6.0%Mumbai, Maharashtra, India

To see the full peer comparison of Swastik Panels Private Limited, buy the company report.

Auditor

Swastik Panels Private Limited is audited by VIJAY SONI & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
VIJAY SONI & ASSOCIATESFY 2022031205N

Shareholding

The shareholding of Swastik Panels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Swastik Panels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6 Cr
Satisfied charges
₹5.81 Cr
Breakdown by lending institutions
Bank of Baroda₹6.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Nov 201210388215Bank of Baroda₹6 CrOpen
31 Oct 200910186357Reliance Capital Limited₹30.9 LakhSatisfied
20 Sep 200290068779State Bank of Bikaner and Jaipur₹5.5 CrSatisfied

To see the full charge records of Swastik Panels Private Limited, buy the company report.

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

Swastik Panels Private Limited was last rated by Crisil on 14 Jul 2020.

Rating agencyRated onRating
Crisil14 Jul 2020

To see the full credit ratings and regulatory alerts of Swastik Panels Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Swastik Panels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Swastik Panels Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1

GST

Swastik Panels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAGCS6098D1Z2RajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Swastik Panels Private Limited, buy the company report.

Recent activity

Swastik Panels Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Kanta Devi Jain ceased to be Additional Director on 29 Nov 2021.

AGM
Swastik Panels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Swastik Panels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Jaipur.
Ceased
Kanta Devi Jain ceased to be Additional Director.
Appointed
Kanta Devi Jain was appointed as Director.
Charges
A charge with Bank Of Baroda of Rs. 6.00 Cr registered on 22 Nov 2012 with Charge ID 10388215 was modified on 02 Feb 2016.
Charges
A charge registered on 20 Sep 2002 via Charge ID 90068779 with State Bank Of Bikaner And Jaipur was fully satisfied on 30 Mar 2013.
Charges
A charge registered on 31 Oct 2009 via Charge ID 10186357 with Reliance Capital Limited was fully satisfied on 27 Feb 2013.
Charges
A charge with Bank Of Baroda amounted to Rs. 6.00 Cr with Charge ID 10388215 was registered on 22 Nov 2012.
Charges
A charge with State Bank Of Bikaner And Jaipur of Rs. 5.50 Cr registered on 20 Sep 2002 with Charge ID 90068779 was modified on 16 Jul 2011.
Charges
A charge with Reliance Capital Limited amounted to Rs. 0.31 Cr with Charge ID 10186357 was registered on 31 Oct 2009.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 5.50 Cr with Charge ID 90068779 was registered on 20 Sep 2002.
Appointed
Usha Devi Jain was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Swastik Panels is an active private limited company based in Jaipur, Rajasthan, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 23 January 2002 (24+ years old) and is registered under CIN U20211RJ2002PTC017392.

Swastik Panels has 3 current directors:

The latest financial statements of Swastik Panels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Swastik Panels is 08AAGCS6098D1Z2, registered in Rajasthan.

The CIN (Corporate Identification Number) of Swastik Panels is U20211RJ2002PTC017392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Swastik Panels has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.

Swastik Panels was incorporated on 23 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Jaipur.

The peers of Swastik Panels by revenue are Hillwood Imports and Exports Private Limited, Kaziranga Wood Products Pvt Ltd, Kandla Veneers Private Limited, Simran Woods Private Limited, Navneet Stationers Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Kanta Devi Jain ceased to be Additional Director on 29 Nov 2021. Kanta Devi Jain was appointed as Director on 20 Sep 2021. Usha Devi Jain was appointed as Director on 30 Mar 2002. Swastik Panels has 4 board changes on record in total.

Yes, Swastik Panels is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0116704).

The registered office of Swastik Panels is at Shop No. G – 7 Soni Paris Point Plot No. A – 26 – A, Sawai Jai Singh Highway, Jaipur, Rajasthan, India – 302016.