About The Mysore Chip Boards Limited
Data last updated:
The Mysore Chip Boards Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 16 February 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21015KA1960PLC001377. Its GSTIN is 29AABCT0613L2ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.78 Cr. It is led by directors including Deendayal Daga and Shyam Daga.
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 Site No. 11/6 & 11/7 Ullal Near Ullal Lake Yeshwanthapura Hobli Bangalore, Karnataka, India – 560110.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.72 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹72.5 Lakh (net margin 26.7%) and EBITDA of ₹30.06 Lakh (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹17.65 Cr and satisfied charges of ₹24.4 Cr on record. Court records list 32 cases involving the company, including 16 filed by the company and 17 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website archidply.com.
Company details
Contact details
The Mysore Chip Boards Limited's registered office is in Bangalore, Karnataka. Its website is archidply.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSite No. 11/6 & 11/7 Ullal Near Ullal Lake Yeshwanthapura Hobli Bangalore, Karnataka, India – 560110
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of The Mysore Chip Boards Limited, buy the company report.
- 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
Business activity
The main business activity of The Mysore Chip Boards is manufacturing. In detail, this covers manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 16 | Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials |
To see the full business activity and turnover split of The Mysore Chip Boards Limited, buy the company report.
Financials of The Mysore Chip Boards Limited
FY 2025 filings availableThe Mysore Chip Boards Limited reported revenue of ₹2.72 Cr (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 93% growth in the latest year. EBITDA rose 245% 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 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 | ₹30.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.5 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 26.7% | ||||
| 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 The Mysore Chip Boards Limited, buy the company report.
Board of directors of The Mysore Chip Boards Limited
The Mysore Chip Boards has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deendayal Daga Also directs: Archidply Industries Limited, Assam Timber Products Private Limited, Archidpanel Industries Private Limited and 2 more | Director | 27 Apr 1995 | 31 Years 6 Months | Current |
| Shyam Daga | Director | 27 Apr 1995 | 31 Years 6 Months | Current |
| Rajiv Daga Also directs: Archidply Industries Limited, Assam Timber Products Private Limited, Archidpanel Industries Private Limited and 1 more | Director | 17 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
The Mysore Chip Boards Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wood Kraft Containers Private Limited | ₹2.85 Cr (FY 2025) | -14.0% | Noida, Uttar Pradesh, India | |||
| Taj Iron and Steel Works Private Limited | ₹2.84 Cr (FY 2025) | 48.0% | Mumbai, Maharashtra, India | |||
| Boganvilla Furnishing Private Limited | ₹2.77 Cr (FY 2024) | 20.0% | Bangalore, Karnataka, India | |||
| Kahali Craftistics Limited | ₹2.75 Cr (FY 2025) | -38.0% | Jodhpur, Rajasthan, India | |||
| NM Allied Printworks Private Limited | ₹2.73 Cr (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| The Mysore Chip Boards Limitedthis company | ₹2.72 Cr (FY 2025) | ₹72.5 Lakh | 26.7% | 93.0% | Bangalore, Karnataka, India | |
| Levana Products Private Limited | ₹2.71 Cr (FY 2025) | 46.0% | A. C Lane, West Bengal, India | |||
| Allark Display System Private Limited | ₹2.7 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Suyog Printers Private Limited | ₹2.67 Cr (FY 2024) | 2.0% | Thane, Maharashtra, India | |||
| Antique Dekor Private Limited | ₹2.66 Cr (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Vinmex Buildtech India Private Limited | ₹2.66 Cr (FY 2025) | -32.0% | Bangalore, Karnataka, India |
To see the full peer comparison of The Mysore Chip Boards Limited, buy the company report.
Auditor
The Mysore Chip Boards Limited is audited by GRV&PK for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRV&PK | FY 2022 | 008099S |
Shareholding
The shareholding of The Mysore Chip Boards Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of The Mysore Chip Boards Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Apr 2010 | 10217510 | Bank of India | ₹17.65 Cr | Satisfied | |
| 21 Nov 2001 | 80009859 | Union Bank of India | ₹6.75 Cr | Satisfied |
To see the full charge records of The Mysore Chip Boards Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
The Mysore Chip Boards Limited has 32 court cases on record: 16 filed by The Mysore Chip Boards, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 12 | 0 |
| High courts | 15 | 5 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Court case (Ref.) | Filed against the company by The Mysore Chip Boards Limited Staff Union, | Disposed |
| District court, MYSURU, Karnataka | Court case (Ref.) | Filed by the company against The Mysore Chip Boards Limited. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by P.D.Constructions Others | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Execution petition | Filed by the company against Ms. P.D. Construction | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Execution petition | Filed by the company against Ms. P.D. Constructions Others | Disposed |
To see the full case history of The Mysore Chip Boards Limited, 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
No delayed payments to MSME suppliers are on our record for The Mysore Chip Boards Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
The Mysore Chip Boards has 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
The Mysore Chip Boards has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT0613L2ZB | Karnataka | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of The Mysore Chip Boards Limited, buy the company report.
Recent activity
The Mysore Chip Boards Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Rajiv Daga ceased to be Additional Director on 28 Sep 2013.
3 earlier events are in the company report.
Frequently asked questions
The Mysore Chip Boards is an active public limited company based in Bangalore, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 16 February 1960 (66+ years old) and is registered under CIN U21015KA1960PLC001377.
The Mysore Chip Boards has 3 current directors:
- Deendayal Daga - Director
- Shyam Daga - Director
- Rajiv Daga - Director
The latest financial statements of The Mysore Chip Boards on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The Mysore Chip Boards is 29AABCT0613L2ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of The Mysore Chip Boards is U21015KA1960PLC001377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Mysore Chip Boards has 32 court cases on record: 16 filed by the company and 17 filed against it. Most are in the district courts.
The Mysore Chip Boards was incorporated on 16 February 1960, making it 66+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of The Mysore Chip Boards by revenue are Wood Kraft Containers Private Limited, Taj Iron and Steel Works Private Limited, Boganvilla Furnishing Private Limited, Kahali Craftistics Limited, NM Allied Printworks Private Limited and 5 more, all in the same principal business activity (manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials).
Rajiv Daga ceased to be Additional Director on 28 Sep 2013. Krishnakant Somani ceased to be Director on 17 Nov 2012. Rajiv Daga was appointed as Director on 17 Nov 2012. The Mysore Chip Boards has 7 board changes on record in total.
The Mysore Chip Boards can be reached through the website archidply.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of The Mysore Chip Boards is at Site No. 116 & 117 Ullal Near Ullal Lake Yeshwanthapura Hobli Bangalore, Karnataka, India – 560110.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
