MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0053601
Swiss Pac Pvt Ltd - packaging in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹174.96 Cr
▲ 13% YoY
Net profit · FY 2024
₹15.49 Cr
Net margin 8.9%
EBITDA · FY 2024
₹31.63 Cr
EBITDA margin 18.1%
Authorised capital
₹2.75 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹15.01 Cr
Satisfied ₹58.16 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
4
Provident fund records
About Swiss Pac Pvt Ltd
Data last updated:
Swiss Pac Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 12 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36998GJ1992PTC018408. Its GSTIN is 24AADCS2724B1ZY (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Prashant Vallabdas Vachhani (Managing Director) and Shishir Vallabhdas Vachhani (Managing Director).
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 Dabhasa Baroda – Jambusar Highway Tal. Padra, Vadodara, Gujarat, India – 391440.
As per the financials filed for FY 2024, the company reported a revenue of ₹174.96 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹15.49 Cr (net margin 8.9%) and EBITDA of ₹31.63 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Swiss Pack and Swisspac India. As per MCA filings, the company has open charges of ₹15.01 Cr and satisfied charges of ₹58.16 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in August 2021. Its 5 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 1 smaller; the largest is Paharpur 3P Unit II Private Limited with revenue of ₹180.85 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 94 overdue payments to 58 micro and small suppliers.
Swiss Pac Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0053601). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swisspack.co.in.
Company details
CIN U36998GJ1992PTC018408
Registration Number 018408
Incorporation Date 12 October 1992
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0053601
Key People
Prashant Vallabdas Vachhani Managing Director Shishir Vallabhdas Vachhani Managing Director Hareshbhai Kuberbhai Baria Director Recognitions & Rankings of Swiss Pac
Contact details
Swiss Pac Pvt Ltd's registered office is in Vadodara, Gujarat. Its website is swisspack.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDabhasa Baroda – Jambusar Highway Tal. Padra, Vadodara, Gujarat, India – 391440
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Swiss Pac Pvt Ltd, buy the company report.
Comprehensive company report
Swiss Pac Pvt Ltd - 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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Brands
Swiss Pac operates two associated brands: Swiss Pack and Swisspac India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable packaging manufacturing and printing services in India. | swisspack.co.in | |
| Flexible packaging bags and pouches manufacturing and online services in India. | pouchmakers.in |
Business activity
The main business activity of Swiss Pac is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Swiss Pac Pvt Ltd, buy the company report.
Financials of Swiss Pac Pvt Ltd
FY 2024 filings availableSwiss Pac Pvt Ltd reported revenue of ₹174.96 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹174.96 Cr ▲ 13%
Net profit · FY 2024
₹15.49 Cr margin 8.9%
EBITDA · FY 2024
₹31.63 Cr margin 18.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 2%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▼ 6%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 13% growth in the latest year. EBITDA rose 83% 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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| Total Expenses | |||||
| EBITDA | ₹31.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.49 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 18.1% | ||||
| Net Profit Margin | 8.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Swiss Pac Pvt Ltd, buy the company report.
Board of directors of Swiss Pac Pvt Ltd
Swiss Pac has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Vallabdas Vachhani Also directs: Swisstech Unicorn Corp LLP, Uline Pack LLP | Managing Director | 30 Sep 2001 | 25 Years 0 Months | Current |
| Hareshbhai Kuberbhai Baria | Director | 14 May 2019 | 7 Years 5 Months | Current |
| Shishir Vallabhdas Vachhani Also directs: Swisstech Unicorn Corp LLP, Uline Pack LLP | Managing Director | 30 Sep 2001 | 25 Years 0 Months | Current |
Peer comparison
Swiss Pac Pvt Ltd is compared with the 5 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paharpur 3P Unit II Private Limited | ₹180.85 Cr (FY 2025) | 49.0% | Delhi, India | |||
| Shako Flexi Pack Pvt Ltd | ₹179 Cr (FY 2025) | 17.0% | Ahmedabad, Gujarat, India | |||
| Aparna Paper Processing Industry Pvt Ltd | ₹177.85 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Sati Poly Plast Limited | ₹175.16 Cr (FY 2022) | 39.0% | Bihar, India | |||
| Swiss Pac Pvt Ltdthis company | ₹174.96 Cr (FY 2024) | ₹15.49 Cr | 8.9% | 13.0% | 4 | Vadodara, Gujarat, India |
| Glen Industries Limited | ₹171.18 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Swiss Pac Pvt Ltd, buy the company report.
Auditor
Swiss Pac Pvt Ltd is audited by PARIKH MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH MEHTA & ASSOCIATES | FY 2023 | 112832W |
Shareholding
The shareholding of Swiss Pac Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swiss Pac Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹15.01 Cr
Satisfied charges
₹58.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101008581 | Others | ₹13.51 Cr | Open | |
| 21 May 2021 | 100455475 | Others | ₹1.5 Cr | Open | |
| 05 Sep 2023 | 100783201 | Axis Bank Limited | ₹18 Lakh | Satisfied | |
| 19 Nov 2022 | 100662414 | Others | ₹20 Cr | Satisfied | |
| 11 Sep 2020 | 100369341 | Axis Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Swiss Pac Pvt Ltd, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Swiss Pac Pvt Ltd has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in August 2021.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹2 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Swiss Pac Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Swiss Pac Pvt Ltd has 6 court cases on record: 5 filed by Swiss Pac, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Ekhande Agro Fertilizers Pvt. Ltd. Through Its Proprietor Mr. Avinash A. Ekhande | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against M/S Santorini Beverages and 2 others | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against individuals | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against M/S. Santorini Beverages and 2 others | Disposed |
To see the full case history of Swiss Pac Pvt Ltd, 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
Swiss Pac Pvt Ltd has 9 MSME Form 1 returns on record between 2019 and 2023, listing 94 overdue payments to 58 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 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DSM Enterprises Private Limited | |||
| Pramukh Timber Co | |||
| Ikon Multipack | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Swiss Pac Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Swiss Pac Pvt Ltd has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
GST
Swiss Pac has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS2724B1ZY | Gujarat | Active | 01 Jul 2017 |
| 24AADCS2724B2ZX | Gujarat | Active | 17 Apr 2025 |
| 27AADCS2724B1ZS | Maharashtra | Active | 01 Nov 2024 |
| 09AADCS2724B1ZQ | Uttar Pradesh | Active | 05 Dec 2024 |
To see the full GST registrations and return filing status of Swiss Pac Pvt Ltd, buy the company report.
Recent activity
Swiss Pac Pvt Ltd has 8 board changes on record since 2001: 3 appointments and 5 cessations. The latest: Alpaben Prashantkumar Vachhani ceased to be Whole-Time Director on 02 Dec 2019.
Charges
A charge registered on 05 Sep 2023 via Charge ID 100783201 with Axis Bank Limited was fully satisfied on 04 Apr 2025.
Charges
A charge registered on 13 Jan 2012 via Charge ID 10330314 with Axis Bank Limited was fully satisfied on 04 Apr 2025.
Charges
A charge registered on 13 Jan 2012 via Charge ID 10330309 with Axis Bank Limited was fully satisfied on 04 Apr 2025.
Charges
A charge with Others of Rs. 13.51 Cr registered on 29 Nov 2024 with Charge ID 101008581 was modified on 18 Mar 2025.
Charges
A charge registered on 19 Nov 2022 via Charge ID 100662414 with Others was fully satisfied on 03 Mar 2025.
Charges
A charge with Others amounted to Rs. 13.51 Cr with Charge ID 101008581 was registered on 29 Nov 2024.
AGM
Swiss Pac Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Swiss Pac Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 11 Sep 2020 via Charge ID 100369341 with Axis Bank Limited was fully satisfied on 15 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100783201 was registered on 05 Sep 2023.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100662414 was registered on 19 Nov 2022.
Charges
A charge with Axis Bank Limited of Rs. 14.06 Cr registered on 13 Jan 2012 with Charge ID 10330309 was modified on 12 Oct 2021.
22 earlier events are in the company report.
Frequently asked questions
Swiss Pac is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 12 October 1992 (34+ years old) and is registered under CIN U36998GJ1992PTC018408.
Swiss Pac has 3 current directors:
- Prashant Vallabdas Vachhani - Managing Director
- Shishir Vallabhdas Vachhani - Managing Director
- Hareshbhai Kuberbhai Baria - Director
The latest financial statements of Swiss Pac on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Swiss Pac is 24AADCS2724B1ZY, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AADCS2724B2ZX (Gujarat), 27AADCS2724B1ZS (Maharashtra), 09AADCS2724B1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Swiss Pac is U36998GJ1992PTC018408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swiss Pac has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Swiss Pac was incorporated on 12 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Swiss Pac has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in August 2021.
The peers of Swiss Pac by revenue are Paharpur 3P Unit II Private Limited, Shako Flexi Pack Pvt Ltd, Aparna Paper Processing Industry Pvt Ltd, Sati Poly Plast Limited, Glen Industries Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Alpaben Prashantkumar Vachhani ceased to be Whole-Time Director on 02 Dec 2019. Sapna Shishir Vachhani ceased to be Whole-Time Director on 02 Dec 2019. Hareshbhai Kuberbhai Baria ceased to be Additional Director on 30 Sep 2019. Swiss Pac has 8 board changes on record in total.
Yes, Swiss Pac is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0053601).
Swiss Pac has 9 MSME Form 1 returns on record between 2019 and 2023, listing 94 overdue payments to 58 micro and small suppliers. The latest return was filed on 05 Jun 2023.