MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0003262
Tilak Polypack Pvt Ltd - packaging in Rakanpur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.5 Cr
▲ 30% YoY
Net loss · FY 2024
₹38.85 Lakh
Net margin -1.1%
EBITDA · FY 2024
₹1.64 Cr
EBITDA margin 4.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹32.24 Cr
Satisfied ₹9.81 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
28
Provident fund records
About Tilak Polypack Pvt Ltd
Data last updated:
Tilak Polypack Pvt Ltd is a private limited company based in Rakanpur, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 08 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1995PTC024526. Its GSTIN is 24AABCT3049A1ZX (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Agam Pankajbhai Shah and Pankajbhai Mithabhai Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 729/2 Rakanpur Village Opp. Jogni Mata Temple Lane B/H. Bhavi, Tubes, Gujarat, India – 382721.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.5 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹38.85 Lakh (net margin -1.1%) and EBITDA of ₹1.64 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tilak Polypack. As per MCA filings, the company has open charges of ₹32.24 Cr and satisfied charges of ₹9.81 Cr on record. Court records list 22 cases involving the company, including 10 filed by the company and 12 filed against it; 10 cases are pending.
Tilak Polypack Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0003262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tilakpolypack.com.
Company details
CIN U17119GJ1995PTC024526
Registration Number 024526
Incorporation Date 08 February 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-09-0003262
Recognitions & Rankings of Tilak Polypack
Contact details
Tilak Polypack Pvt Ltd's registered office is in Rakanpur, Gujarat. Its website is tilakpolypack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address729/2 Rakanpur Village Opp. Jogni Mata Temple Lane B/H. Bhavi, Tubes, Gujarat, India – 382721
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Tilak Polypack Pvt Ltd, buy the company report.
Comprehensive company report
Tilak Polypack 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
Tilak Polypack operates one associated brand: Tilak Polypack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying packaging films, laminates, and bags for food, agriculture, and industrial uses. | tilakpolypack.com |
Business activity
The main business activity of Tilak Polypack 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 Tilak Polypack Pvt Ltd, buy the company report.
Financials of Tilak Polypack Pvt Ltd
FY 2025 filings availableTilak Polypack Pvt Ltd reported revenue of ₹34.5 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹34.5 Cr ▲ 30%
Net loss · FY 2024
₹38.85 Lakh margin -1.1%
EBITDA · FY 2024
₹1.64 Cr margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 13%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 30% growth in the latest year. EBITDA rose 19% 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 | ₹1.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.85 Lakh | ||||
| Balance Sheet | |||||
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| Inventories | |||||
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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 | 4.8% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Tilak Polypack Pvt Ltd, buy the company report.
Board of directors of Tilak Polypack Pvt Ltd
Tilak Polypack has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Agam Pankajbhai Shah Also directs: Tilak Renewables Private Limited | Director | 25 Jul 2000 | 26 Years 3 Months | Current |
| Pankajbhai Mithabhai Shah Also directs: Tilak Renewables Private Limited | Director | 08 Feb 1995 | 31 Years 8 Months | Current |
Peer comparison
Tilak Polypack Pvt Ltd is compared with the 6 companies closest to it by revenue in the Packaging industry (Films and Foils), 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 |
|---|---|---|---|---|---|---|
| Vasu Met Plast Private Limited | ₹35.27 Cr (FY 2024) | -38.0% | Kanpur, Uttar Pradesh, India | |||
| Pentagon Plastics Private Limited | ₹35.25 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| JP Polyplast Private Limited | ₹34.9 Cr (FY 2025) | 289.0% | Rajkot, Gujarat, India | |||
| Champa Polyplast Private Limited | ₹34.84 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Immense Packaging Private Limited | ₹34.79 Cr (FY 2018) | -21.0% | Mumbai, Maharashtra, India | |||
| Tilak Polypack Pvt Ltdthis company | ₹34.5 Cr (FY 2024) | -₹38.85 Lakh | -1.1% | 30.0% | 28 | Rakanpur, Gujarat, India |
| Duro Pack Limited | ₹34.06 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tilak Polypack Pvt Ltd, buy the company report.
Auditor
Tilak Polypack Pvt Ltd is audited by HIREN M. DESAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN M. DESAI & CO. | FY 2023 | 113430W |
Shareholding
The shareholding of Tilak Polypack 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 Tilak Polypack Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹32.24 Cr
Satisfied charges
₹9.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2016 | 100066243 | Hdfc Bank Limited | ₹8.93 Cr | Open | |
| 06 Sep 2014 | 10519618 | Hdfc Bank Limited | ₹18.31 Cr | Open | |
| 15 Jul 2014 | 10509077 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 19 Apr 2007 | 10053554 | Bank of Baroda | ₹3.17 Lakh | Satisfied | |
| 26 Aug 2006 | 10014180 | Bank of Baroda | ₹1.4 Cr | Satisfied |
To see the full charge records of Tilak Polypack Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Tilak Polypack Pvt Ltd has 22 court cases on record: 10 filed by Tilak Polypack, 12 filed against it. 10 cases are pending and 12 are disposed.
Total cases
22
Filed by the company
10
Filed against the company
12
Pending
10
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 8 | 6 |
| District courts | 9 | 4 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Aramex India Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Aramex India Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Aramex India Pvt Ltd | Pending |
| High Court, GUJARAT | Commercial suit | Filed by the company against Official Liquidator of Gohil Packaging Pvt.Ltd.(In Liquidation) and 16 others | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against Arvind Aqua Pvt Ltd and 3 others | Disposed |
To see the full case history of Tilak Polypack 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
Tilak Polypack Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hi- Tech Inks Private Limited | |||
| Daetwyler Swisstec India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Tilak Polypack Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tilak Polypack Pvt Ltd has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
21.74%
GST
Tilak Polypack has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT3049A1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tilak Polypack Pvt Ltd, buy the company report.
Recent activity
Tilak Polypack Pvt Ltd has 2 board changes on record since 1995: 2 appointments. The latest: Agam Pankajbhai Shah was appointed as Director on 25 Jul 2000.
Charges
A charge with Hdfc Bank Limited of Rs. 892.52 Lakh registered on 30 Nov 2016 with Charge ID 100066243 was modified on 09 Jan 2026.
AGM
Tilak Polypack Pvt Ltd last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Tilak Polypack Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 500.00 Lakh registered on 15 Jul 2014 with Charge ID 10509077 was modified on 15 Apr 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 1,831.39 Lakh registered on 06 Sep 2014 with Charge ID 10519618 was modified on 15 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 892.52 Lakh with Charge ID 100066243 was registered on 30 Nov 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,831.39 Lakh with Charge ID 10519618 was registered on 06 Sep 2014.
Charges
A charge registered on 19 Apr 2007 via Charge ID 10053554 with Bank Of Baroda was fully satisfied on 01 Aug 2014.
Charges
A charge registered on 26 Aug 2006 via Charge ID 10014180 with Bank Of Baroda was fully satisfied on 01 Aug 2014.
Charges
A charge registered on 02 Aug 2006 via Charge ID 10014176 with Bank Of Baroda was fully satisfied on 01 Aug 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 10509077 was registered on 15 Jul 2014.
Charges
A charge with Bank Of Baroda of Rs. 560.00 Lakh registered on 02 Aug 2006 with Charge ID 10014176 was modified on 20 Oct 2011.
14 earlier events are in the company report.
Frequently asked questions
Tilak Polypack is an active private limited company based in Rakanpur, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 08 February 1995 (31+ years old) and is registered under CIN U17119GJ1995PTC024526.
Tilak Polypack has 2 current directors:
- Agam Pankajbhai Shah - Director
- Pankajbhai Mithabhai Shah - Director
The latest financial statements of Tilak Polypack on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tilak Polypack is 24AABCT3049A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Tilak Polypack is U17119GJ1995PTC024526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tilak Polypack has 22 court cases on record: 10 filed by the company and 12 filed against it. 10 are pending. Most are in the high courts.
Tilak Polypack was incorporated on 08 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tilak Polypack by revenue are Vasu Met Plast Private Limited, Pentagon Plastics Private Limited, JP Polyplast Private Limited, Champa Polyplast Private Limited, Immense Packaging Private Limited and 1 more, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Agam Pankajbhai Shah was appointed as Director on 25 Jul 2000. Pankajbhai Mithabhai Shah was appointed as Director on 08 Feb 1995.
Yes, Tilak Polypack is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0003262).
Tilak Polypack has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Tilak Polypack can be reached through the website tilakpolypack.com. Its registered office is in Rakanpur, Gujarat, India.