Belding India Limited - packaging in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L63119PN1984PLC248366 Incorporated 24 August 1984 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: BELDING · BSE: 513307 Public Limited Company packaging MSME · Small
Data last updated
Market Cap
₹1,293 Cr
BELDING · NSE
Share Price
₹843.15
-5.57% today
Revenue
₹0.03 Cr
FY 2025-26
EBITDA
−₹0.78 Cr
Margin -2,600.0%
Net Profit
−₹5.99 Cr
FY 2025-26
ROE
-1.1%
ROCE 0.5%
Debt / Equity
0.04
Interest cover -44.8x
Authorised capital
₹20 Cr
Registered with MCA

About Belding India Limited

Data last updated:

Belding India Limited is a public limited company based in Pune, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 24 August 1984 and has been in existence for over 42 years.

Its director Umesh Kumar Sahay is #1,374 among India's richest people (2026). Its director Abhishek Narbaria is #1,673 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Pune, under CIN L63119PN1984PLC248366. Its GSTIN is 27AADCS9737Q1ZE (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 513307 and NSE: BELDING.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.48 Cr. It was formerly known as Synthiko Foils Private Limited. It is led by directors including Abhishek Narbaria (Managing Director) and Nikhil Dilipbhai Bhuta.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3 Lakh. For the same year it recorded a net loss of ₹5.99 Cr and EBITDA of -₹78 Lakh. The net worth stands at ₹1,049.36 Cr (up 16662.9% YoY). Total assets are valued at ₹1,086.99 Cr (up 16805% YoY).

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Synthiko Foils. As per MCA filings, the company has open charges of ₹9.67 Cr and satisfied charges of ₹20.09 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 3 cases are pending.

Belding India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0055112). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synthikofoilsltd.com.

Company details

CIN L63119PN1984PLC248366
Registration Number 248366
Incorporation Date 24 August 1984
ROC Pune
Listing Status Listed - Listed on NSE (BELDING); Listed on BSE (513307)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0055112

Name history

Belding India has undergone 2 name changes throughout its history. The company was previously known as Synthiko Foils Private Limited, and Belding India Limited. The current legal name is Belding India Limited.

Company NameStatus
Belding India LimitedCurrent
Synthiko Foils Private LimitedPrevious

CIN history

Belding India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L63119PN1984PLC248366, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L63119PN1984PLC248366Current
L27200MH1984PLC033829Previous
L27200PN1984PLC248366Previous

Recognitions & Rankings of Belding India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0055112

Contact details

Belding India Limited's registered office is in Pune, Maharashtra.

  • Registered Address
    9th Floor Vb Capitol Building Range Hill Road, Opp. Hotel Symphony Bhoslenagar Shivajinagar, Pune, Maharashtra, India – 411007
  • Industry
    Packaging, Packaging Films & Foils
Comprehensive company report
Belding India 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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Brands

Belding India operates one associated brand: Synthiko Foils. Each brand links to its own profile.

BrandDescriptionWebsite
Aluminum packaging foils are manufactured and supplied by Synthiko Foils.synthikofoilsltd.com

Business activity

The main business activity of Belding India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Belding India Limited, buy the company report.

Financials of Belding India Limited

FY 2025-26 filings available

Belding India Limited reported revenue of ₹3 Lakh for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹0.03 Cr
EBITDA
−₹0.78 Cr
Profit After Tax
−₹5.99 Cr
Net Worth
₹1,049 Cr
- YoY
Total Assets
₹1,087 Cr
- YoY
Total Debt
₹38.40 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue0.030.00
EBITDA(0.78)0.00
EBITDA margin-2600.0%-
Profit before tax4.050.24
Net profit(5.99)0.00
EPS (₹)(2.45)2.77
Balance sheet
Total assets1,0876.43
Net worth1,0496.26
Total debt38.400.00
Cash & bank1270.70
Net working capital1855.46
Cash flow
Cash from operations13.752.36
Cash from investing(20.70)(0.02)
Cash from financing7.35(1.66)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Mar 2025Dec 2024
Revenue0.220.030.000.000.004.99
Revenue growth (YoY)---100.0%---
Other income2.475.350.330.090.000.00
EBITDA(3.80)0.19(0.75)(0.22)(0.13)0.09
EBITDA margin-1727.3%+633.3%---+1.8%
Depreciation1.771.510.600.000.000.03
Interest0.971.030.260.000.000.01
Profit before tax(4.07)3.00(1.28)(0.13)(0.13)0.05
Tax0.067.64(0.05)(0.12)0.000.02
Net profit(4.13)(4.64)(1.23)(0.01)(0.13)0.03
EPS (₹)(2.21)(3.21)(0.84)(0.22)(0.73)0.35
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.0021.1625.8225.6529.5526.0631.40
Revenue growth-100.0%-18.1%+0.7%-13.2%+13.4%-17.0%-
EBITDA(1.15)0.550.770.691.751.021.15
EBITDA margin-+2.6%+3.0%+2.7%+5.9%+3.9%+3.7%
Profit before tax1.660.340.310.221.230.510.60
Net profit(0.83)0.260.230.160.910.400.46
Net profit margin-+1.2%+0.9%+0.6%+3.1%+1.5%+1.5%
EPS (₹)0.381.391.250.955.282.192.66
Balance sheet
Total assets1,0536.436.176.436.556.434.85
Net worth1,0526.266.025.805.644.724.34
Total debt1.220.000.000.460.771.570.39
Cash & bank0.040.700.020.070.180.500.48
Net working capital4.855.465.105.034.934.632.77
Cash flow
Cash from operations1.822.362.04(0.23)0.26(0.72)1.03
Cash from investing(2.59)(0.02)0.190.01(0.07)(0.01)(0.66)
Cash from financing0.12(1.66)(2.28)0.11(0.51)0.75(0.45)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.004.314.995.46
Revenue growth (YoY)--100.0%-100.0%-100.0%-100.0%---
Other income0.110.140.080.092.34(0.04)0.000.04
Total expenses0.290.350.530.220.004.384.905.45
EBITDA(0.29)(0.35)(0.53)(0.22)0.00(0.07)0.090.01
EBITDA margin------1.6%+1.8%+0.2%
Depreciation0.000.000.000.000.000.040.030.03
Interest0.000.010.000.000.000.000.010.02
Profit before tax(0.18)(0.22)(0.45)(0.13)2.34(0.15)0.050.00
Tax0.000.040.00(0.12)0.00(0.03)0.020.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Mar 2025Dec 2024
Revenue0.220.030.000.000.004.99
Revenue growth (YoY)---100.0%---
Other income2.475.350.330.090.000.00
EBITDA(3.80)0.19(0.75)(0.22)(0.13)0.09
EBITDA margin-1727.3%+633.3%---+1.8%
Depreciation1.771.510.600.000.000.03
Interest0.971.030.260.000.000.01
Profit before tax(4.07)3.00(1.28)(0.13)(0.13)0.05
Tax0.067.64(0.05)(0.12)0.000.02
Net profit(4.13)(4.64)(1.23)(0.01)(0.13)0.03
EPS (₹)(2.21)(3.21)(0.84)(0.22)(0.73)0.35
ParticularsFY 2025-26FY 2024-25
Revenue0.030.00
Other income8.220.24
Total expenses0.810.00
Employee cost0.450.00
EBITDA(0.78)0.00
EBITDA margin-2600.0%-
Depreciation2.100.00
Interest1.290.00
Profit before tax4.050.24
Tax7.590.00
Net profit(5.99)0.00
EPS (₹)(2.45)2.77
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital14.480.87
Reserves & surplus1,0355.39
Shareholders' funds (net worth)1,0496.26
Minority interest(0.92)0.00
Secured loans0.000.00
Unsecured loans38.400.00
Total debt38.400.00
Total liabilities1,0876.43
Assets
Gross block6564.96
Net block6511.05
Capital work in progress1960.00
Investments0.100.00
Inventories0.051.90
Sundry debtors3.442.86
Cash & bank balances1270.70
Loans & advances1050.17
Total current assets2365.63
Total current liabilities50.950.17
Net working capital1855.46
Total assets1,0876.43
ParticularsFY 2025-26FY 2024-25
Opening cash0.700.02
Net cash from operating activities13.752.36
Net cash from investing activities(20.70)(0.02)
Net cash from financing activities7.35(1.66)
Net change in cash0.400.68
Closing cash1270.70
ParticularsFY 2025-26FY 2024-25
Growth
PBT growth+1587.5%+9997.0%
Profitability & leverage
Return on capital employed+0.5%-0.0%
Return on net worth-1.1%0.0%
Debt / equity0.040.00
Long-term debt / equity0.030.00
Interest cover-44.79-
Efficiency & per share
Fixed asset turnover0.000.00
Inventory turnover0.030.00
Debtors turnover0.010.00
EPS (₹)(2.45)2.77
Dividend per share (₹)0.000.00
Book value per share (₹)724.7572.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.004.314.995.46
Revenue growth (YoY)--100.0%-100.0%-100.0%-100.0%---
Other income0.110.140.080.092.34(0.04)0.000.04
Total expenses0.290.350.530.220.004.384.905.45
EBITDA(0.29)(0.35)(0.53)(0.22)0.00(0.07)0.090.01
EBITDA margin------1.6%+1.8%+0.2%
Depreciation0.000.000.000.000.000.040.030.03
Interest0.000.010.000.000.000.000.010.02
Profit before tax(0.18)(0.22)(0.45)(0.13)2.34(0.15)0.050.00
Tax0.000.040.00(0.12)0.00(0.03)0.020.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.0021.1625.8225.6529.5526.0631.40
Revenue growth-100.0%-18.1%+0.7%-13.2%+13.4%-17.0%-
Other income2.830.000.100.010.180.360.24
Total expenses1.1520.6125.0524.9627.8025.0430.25
Employee cost0.001.231.311.371.270.990.89
EBITDA(1.15)0.550.770.691.751.021.15
EBITDA margin-+2.6%+3.0%+2.7%+5.9%+3.9%+3.7%
Depreciation0.000.130.150.210.270.360.25
Interest0.020.080.410.270.430.510.54
Profit before tax1.660.340.310.221.230.510.60
Tax0.040.080.080.060.320.110.14
Net profit(0.83)0.260.230.160.910.400.46
Net profit margin-+1.2%+0.9%+0.6%+3.1%+1.5%+1.5%
EPS (₹)0.381.391.250.955.282.192.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital14.480.870.870.870.870.870.87
Reserves & surplus1,0375.395.154.934.773.853.47
Shareholders' funds (net worth)1,0526.266.025.805.644.724.34
Secured loans0.000.000.000.380.771.570.39
Unsecured loans1.220.000.000.080.000.000.00
Total debt1.220.000.000.460.771.570.39
Total liabilities1,0536.436.176.436.556.434.85
Assets
Gross block4.964.964.945.135.035.054.93
Net block0.001.051.161.501.711.902.23
Capital work in progress0.000.000.000.000.000.000.00
Investments1,0470.000.000.000.000.000.00
Inventories0.001.902.783.324.273.512.98
Sundry debtors0.003.253.705.515.755.355.56
Cash & bank balances0.040.700.020.070.180.500.48
Loans & advances5.500.130.100.110.080.060.15
Total current assets5.545.986.609.0110.289.429.17
Total current liabilities0.690.521.503.985.354.796.40
Net working capital4.855.465.105.034.934.632.77
Total assets1,0536.436.176.436.556.434.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.700.020.070.180.500.480.56
Net cash from operating activities1.822.362.04(0.23)0.26(0.72)1.03
Net cash from investing activities(2.59)(0.02)0.190.01(0.07)(0.01)(0.66)
Net cash from financing activities0.12(1.66)(2.28)0.11(0.51)0.75(0.45)
Net change in cash(0.66)0.68(0.05)(0.11)(0.32)0.02(0.08)
Closing cash0.040.700.020.070.180.500.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-100.0%-18.1%+0.7%-13.2%+13.4%-17.0%-
EBITDA growth-309.1%-28.6%+11.6%-60.6%+71.6%-11.3%-
PBT growth+388.2%+9.7%+40.9%-82.1%+141.2%-15.0%0.0%
Net income growth-419.2%+13.0%+43.8%-82.4%+127.5%-13.0%-
Revenue CAGR (3Y)-100.0%-10.5%-0.3%-6.5%-1.2%+6.6%+21.8%
EBITDA CAGR (3Y)--32.0%-9.0%-15.7%+13.1%+0.3%+12.4%
Profitability & leverage
Net income margin-+1.2%+0.9%+0.6%+3.1%+1.5%+1.5%
Return on capital employed-+6.5%+11.3%+7.7%+25.6%+17.9%+24.5%
Return on net worth-+3.9%+3.7%+3.0%+17.8%+8.4%+11.2%
Debt / equity-0.000.040.110.230.220.10
Long-term debt / equity-0.000.010.050.140.150.09
Interest cover-1.7419.0566.1356.2529.0577.2760.00
Efficiency & per share
Fixed asset turnover-4.275.135.055.865.226.79
Inventory turnover-9.048.476.767.608.0311.78
Debtors turnover-6.095.614.565.324.785.40
EPS (₹)0.381.391.250.955.282.192.66
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0036.0034.6133.3632.4127.1324.94

To see the full year-wise statements and ratios of Belding India Limited, buy the company report.

Board of directors of Belding India Limited

Belding India has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikhil Dilipbhai BhutaDirector18 Jun 20251 Years 4 MonthsCurrent
Umesh Kumar SahayDirector18 Jun 20251 Years 4 MonthsCurrent
Gayathri Srinivasan IyerDirector18 Jun 20251 Years 4 MonthsCurrent
Tarun Dinesh AgarwalDirector18 Jun 20251 Years 4 MonthsCurrent
Abhishek NarbariaManaging Director18 Jun 20251 Years 4 MonthsCurrent
Rajesh Chandrakant VaishnavAdditional Director22 May 20260 Years 5 MonthsCurrent

Charges & borrowings

Open charges
₹9.67 Cr
Satisfied charges
₹20.09 Cr
Breakdown by lending institutions
Others₹19.10 Cr
Corporation Bank₹0.99 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Jun 2021100470698Others₹91.9 LakhSatisfied
30 Apr 2021100446500Others₹29 LakhSatisfied
30 Apr 2021100446503Others₹8.75 CrSatisfied
01 Nov 2019100303991Others₹17.5 LakhSatisfied
07 Jun 2019100271795Others₹11 LakhSatisfied

To see the full charge records of Belding India Limited, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

Belding India Limited was last rated by Crisil on 31 Mar 2021.

Rating agencyRated onRating
Crisil31 Mar 2021

To see the full credit ratings and regulatory alerts of Belding India Limited, buy the company report.

MSME payment delays

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

GST

Belding India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCS9737Q1ZEMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Belding India Limited, buy the company report.

Recent activity

Belding India Limited has 17 board changes on record since 2009: 6 appointments and 11 cessations. The latest: Rajesh Chandrakant Vaishnav was appointed as Additional Director on 22 May 2026.

Appointed
Rajesh Chandrakant Vaishnav was appointed as Additional Director.
Filing
Belding India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Belding India Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Abhishek Narbaria ceased to be Additional Director.
Ceased
Gayathri Srinivasan Iyer ceased to be Additional Director.
Ceased
Nikhil Dilipbhai Bhuta ceased to be Additional Director.
Ceased
Tarun Dinesh Agarwal ceased to be Additional Director.
Ceased
Umesh Kumar Sahay ceased to be Additional Director.
Appointed
Abhishek Narbaria was appointed as Managing Director.
Appointed
Gayathri Srinivasan Iyer was appointed as Director.
Appointed
Nikhil Dilipbhai Bhuta was appointed as Director.
Appointed
Tarun Dinesh Agarwal was appointed as Director.

30 earlier events are in the company report.

Frequently asked questions

Belding India is an active public limited company based in Pune, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 24 August 1984 (42+ years old) and is registered under CIN L63119PN1984PLC248366. Listed on BSE: 513307 and NSE: BELDING.

Belding India reported revenue of ₹3 Lakh for FY 2025-26 based on consolidated financials.

Belding India has 6 current directors:

The latest financial statements of Belding India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Belding India is 27AADCS9737Q1ZE, registered in Maharashtra.

The CIN (Corporate Identification Number) of Belding India is L63119PN1984PLC248366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Belding India is a listed company as per MCA records. Its shares are listed on both BSE (code: 513307) and NSE (symbol: BELDING).

Belding India has 5 court cases on record: 5 filed by the company. 3 are pending. Most are in the district courts.

Belding India was incorporated on 24 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Pune.

Rajesh Chandrakant Vaishnav was appointed as Additional Director on 22 May 2026. Abhishek Narbaria ceased to be Additional Director on 28 Sep 2025. Gayathri Srinivasan Iyer ceased to be Additional Director on 28 Sep 2025. Belding India has 17 board changes on record in total.