
Tapi Paper Industries Private Limited
About Tapi Paper Industries Private Limited
Data last updated:
Tapi Paper Industries Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 25 April 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21023MH1979PTC021235. Its GSTIN is 27AACCT0658C1ZL (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors Shyam Jagannath Bhutada and Sanket Shyam Bhutada.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 12 MIDC, Jalgaon, Maharashtra, India – 425003.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.26 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹8.2 Lakh (net margin -0.9%) and EBITDA of ₹23.93 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹3.97 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressE – 12 MIDC, Jalgaon, Maharashtra, India – 425003
- IndustryManufacturing, Paper & Packaging Products
- 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 Tapi Paper Industries Private Limited
The main business activity of Tapi Paper Industries is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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 Tapi Paper Industries Private Limited FY 2025 filings available
Tapi Paper Industries Private Limited reported revenue of ₹9.26 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tapi Paper Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 25% growth in the latest year. EBITDA rose 134% 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 Tapi Paper Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹23.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.2 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 of Tapi Paper Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• | •••• |
| 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 Tapi Paper Industries 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 Tapi Paper Industries Private Limited
Tapi Paper Industries Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo Paper Craft Private Limited | ₹9.48 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Axon Packaging Paper Boards Private Limited | ₹9.43 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Arunodaya Boxes & Papers Private Limited | ₹9.39 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Shamirpet, Telangana, India |
| Guru Paper Mills Private Limited | ₹9.34 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Puducherry, India |
| Maksens Paper Products Private Limited | ₹9.28 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Coimbatore, Tamil Nadu, India |
| Tapi Paper Industries Private Limited this company | ₹9.26 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Jalgaon, Maharashtra, India |
| Sastha Packagings Private Limited | ₹9.24 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Puducherry, India |
| Anamalai Paper Mills Private Limited | ₹9.22 Cr (FY 2024) | •••• | •••• | -81.0% | •••• | Ernakulam, Kerala, India |
| White Paperpulp Industries Private Limited | ₹9.21 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Sai Ram International Private Limited | ₹9.21 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Prabhakar Paper Mills Pvt Ltd | ₹9.17 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Tapi Paper Industries by revenue in the Manufacturing industry (Paper), 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 Tapi Paper Industries Private Limited
Tapi Paper Industries Private Limited is audited by S A A I & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S A A I & Co. | 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 Tapi Paper Industries Private Limited
Tapi Paper Industries 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 |
|---|---|---|---|---|
| Shyam Jagannath Bhutada | Director | 01 Nov 2004 | 21 Years 11 Months | Current |
| Sanket Shyam Bhutada | Director | 18 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Tapi Paper Industries 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 Tapi Paper Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2020 | Others | ₹2.63 Cr | Open |
| 17 Sep 2013 | The Jalgaon Peoples Co-Operative Bank Limited | ₹20 Lakh | Open |
| 24 Jul 2006 | The Jalgaon Peoples Co-Operative Bank Limited | ₹80 Lakh | Open |
| 03 Sep 2003 | The Jalgaon Peoples Co-Op. Bank Ltd. | ₹25 Lakh | Open |
| 10 Jan 1989 | The United Western Bank | ₹1.5 Lakh | Open |
Total charge records: 7 View all charges
Legal Cases of Tapi Paper Industries Private Limited
Tapi Paper Industries Private Limited has 4 court cases on record: 2 filed by Tapi Paper Industries, 2 filed against it. 1 case is pending and 3 are disposed. Status as checked between 01 Oct 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalgaon, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Jalgaon, Maharashtra | Civil suit | Filed by the company against Sai Printing and Packaging Industries | Disposed |
| Bombay High Court | Appeal | Filed against the company by an individual | Disposed |
| Supreme Court | Special leave petition | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Tapi Paper Industries Private Limited
Employment history and EPFO contributions of people linked to Tapi Paper Industries.
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.
Recent Activity on Tapi Paper Industries Private Limited
Tapi Paper Industries Private Limited has 9 board changes on record since 2004: 2 appointments and 7 cessations. The latest: Sanket Shyam Bhutada ceased to be Additional Director on 30 Sep 2019.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tapi Paper Industries 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 Tapi Paper Industries 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 Tapi Paper Industries 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 Tapi Paper Industries Private Limited
Tapi Paper Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT0658C1ZL | Maharashtra | 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 Tapi Paper Industries 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 Tapi Paper Industries Private Limited
Tapi Paper Industries is an active private limited company based in Jalgaon, Maharashtra, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 25 April 1979 (47+ years old) and is registered under CIN U21023MH1979PTC021235.
Tapi Paper Industries reported revenue of ₹9.26 Cr for FY 2025 (up 25% YoY).
Tapi Paper Industries has 2 current directors:
- Shyam Jagannath Bhutada - Director
- Sanket Shyam Bhutada - Director
Tapi Paper Industries reported a net loss of ₹8.2 Lakh (net margin -0.9%) and EBITDA of ₹23.93 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tapi Paper Industries is -12% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tapi Paper Industries is 27AACCT0658C1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tapi Paper Industries is U21023MH1979PTC021235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tapi Paper Industries has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Tapi Paper Industries was incorporated on 25 April 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tapi Paper Industries by revenue are Indo Paper Craft Private Limited, Axon Packaging Paper Boards Private Limited, Arunodaya Boxes & Papers Private Limited, Guru Paper Mills Private Limited, Maksens Paper Products Private Limited and 5 more, all in the Manufacturing industry (Paper).
Sanket Shyam Bhutada ceased to be Additional Director on 30 Sep 2019. Sanket Shyam Bhutada was appointed as Director on 18 Jan 2019. Shankarlal Bansilal Bhutada ceased to be Director on 01 Jan 2019. Tapi Paper Industries has 9 board changes on record in total.