Varshil Packaging Private Limited

Varshil Packaging Private Limited - packaging in Mehsana, Gujarat, India. FY 2026 financials & compliance.
CIN U25202GJ2010PTC061137 Incorporated 16 June 2010 ROC Ahmedabad HQ Mehsana, Gujarat, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2024
₹58.86 Cr
▲ 35% YoY
Net loss · FY 2024
₹2.19 Cr
Net margin -3.7%
EBITDA · FY 2024
₹4.06 Cr
EBITDA margin 6.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹16.2 Cr
Satisfied ₹94.12 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
7
Provident fund records

About Varshil Packaging Private Limited

Data last updated:

Varshil Packaging Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 16 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2010PTC061137. Its GSTIN is 24AADCV4116C2ZU (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sanjaykumar Babulal Patel and Prahladbhai Kalidas Patel.

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 323 Advance Industrial Park, Mehsana, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹58.86 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹2.19 Cr (net margin -3.7%) and EBITDA of ₹4.06 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 26% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Varshil Packaging. As per MCA filings, the company has open charges of ₹16.2 Cr and satisfied charges of ₹94.12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Varshil Packaging Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0001711). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varshilpackaging.com.

Company details

CIN U25202GJ2010PTC061137
Registration Number 061137
Incorporation Date 16 June 2010
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-14-0001711
Key People
Sanjaykumar Babulal Patel Director Prahladbhai Kalidas Patel Director Bhavik Jasvantbhai Patel Director

Recognitions & Rankings of Varshil Packaging

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-14-0001711

Contact details

Varshil Packaging Private Limited's registered office is in Mehsana, Gujarat. Its website is varshilpackaging.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    varshilpackaging.com
  • Registered Address
    Survey No.323 Advance Industrial Park Medaadraj – Karshanpura Road Village – Manipur Ta – Ka, Di, Mehsana, Gujarat, India – 382715
  • Industry
    Packaging, Packaging Films & Foils

To see the full contact details of Varshil Packaging Private Limited, buy the company report.

Comprehensive company report
Varshil Packaging Private 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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Secure checkout · GST invoice included

Brands

Varshil Packaging operates one associated brand: Varshil Packaging. Each brand links to its own profile.

BrandDescriptionWebsite
Varshil Packaging
Packaging solutions including films and liners for manufacturing and agricultural uses.varshilpackaging.com

Business activity

The main business activity of Varshil Packaging is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Varshil Packaging Private Limited, buy the company report.

Financials of Varshil Packaging Private Limited

FY 2024 filings available

Varshil Packaging Private Limited reported revenue of ₹58.86 Cr (up 35% YoY) for FY 2024.

Revenue · FY 2024
₹58.86 Cr ▲ 35%
Net loss · FY 2024
₹2.19 Cr margin -3.7%
EBITDA · FY 2024
₹4.06 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 39%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 28%

Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 35% growth in the latest year. EBITDA fell 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.19 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.9%
Net Profit Margin-3.7%
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 Varshil Packaging Private Limited, buy the company report.

Board of directors of Varshil Packaging Private Limited

Varshil Packaging has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjaykumar Babulal Patel
Also directs: Square Lifecare Private Limited, Om Square Equipment Private Limited, Square Petrofield Private Limited
Director01 Sep 201016 Years 2 MonthsCurrent
Prahladbhai Kalidas Patel
Also directs: Evvon India Private Limited
Director08 Nov 20224 Years 0 MonthsCurrent
Bhavik Jasvantbhai PatelDirector05 Jun 20197 Years 5 MonthsCurrent
Nirav Prahladbhai PatelDirector02 Feb 20233 Years 9 MonthsCurrent
Chintan Prahladbhai PatelDirector16 Jun 201016 Years 4 MonthsCurrent
Soham Jasavantbhai PatelDirector02 Feb 20233 Years 9 MonthsCurrent
View all directors

Auditor

Varshil Packaging Private Limited is audited by ANIL BOHRA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ANIL BOHRA & ASSOCIATESFY 20220142719W

Shareholding

The shareholding of Varshil Packaging Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Varshil Packaging Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.2 Cr
Satisfied charges
₹94.12 Cr
Breakdown by lending institutions
Others₹16.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Oct 2025101174812Others₹16.2 CrOpen
01 Mar 2023100685621Indian Bank₹16.85 CrSatisfied
08 Jul 2022100592090Indian Bank₹3.35 CrSatisfied
05 Jul 2022100592086Indian Bank₹3.35 CrSatisfied
16 Jul 2020100402271Indian Bank₹1.53 CrSatisfied

To see the full charge records of Varshil Packaging Private Limited, buy the company report.

Total charge records: 10 View all charges

Credit ratings & regulatory alerts

Varshil Packaging Private Limited was last rated by Crisil on 31 Aug 2021.

Rating agencyRated onRating
Crisil31 Aug 2021

To see the full credit ratings and regulatory alerts of Varshil Packaging Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Varshil Packaging Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
16.67%

GST

Varshil Packaging has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AADCV4116C2ZUGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Varshil Packaging Private Limited, buy the company report.

Recent activity

Varshil Packaging Private Limited has 14 board changes on record since 2010: 6 appointments and 8 cessations. The latest: Nirav Prahladbhai Patel ceased to be Additional Director on 27 Oct 2023.

Charges
A charge with Others amounted to Rs. 16.20 Cr with Charge ID 101174812 was registered on 10 Oct 2025.
Charges
A charge registered on 01 Mar 2023 via Charge ID 100685621 with Indian Bank was fully satisfied on 30 Aug 2025.
Charges
A charge registered on 08 Jul 2022 via Charge ID 100592090 with Indian Bank was fully satisfied on 30 Aug 2025.
Charges
A charge registered on 05 Jul 2022 via Charge ID 100592086 with Indian Bank was fully satisfied on 30 Aug 2025.
Charges
A charge registered on 16 Jul 2020 via Charge ID 100402271 with Indian Bank was fully satisfied on 30 Aug 2025.
Charges
A charge registered on 23 Jan 2020 via Charge ID 100321870 with Indian Bank was fully satisfied on 30 Aug 2025.
Charges
A charge registered on 17 Jan 2020 via Charge ID 100321872 with Indian Bank was fully satisfied on 30 Aug 2025.
AGM
Varshil Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Varshil Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Nirav Prahladbhai Patel ceased to be Additional Director.
Ceased
Prahladbhai Kalidas Patel ceased to be Additional Director.
Ceased
Soham Jasavantbhai Patel ceased to be Additional Director.

28 earlier events are in the company report.

Frequently asked questions

Varshil Packaging is an active private limited company based in Mehsana, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 16 June 2010 (16+ years old) and is registered under CIN U25202GJ2010PTC061137.

Varshil Packaging has 6 current directors:

The latest financial statements of Varshil Packaging 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 Varshil Packaging is 24AADCV4116C2ZU, registered in Gujarat. 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 Varshil Packaging is U25202GJ2010PTC061137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Varshil Packaging has 2 court cases on record: 2 filed by the company.

Varshil Packaging was incorporated on 16 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nirav Prahladbhai Patel ceased to be Additional Director on 27 Oct 2023. Prahladbhai Kalidas Patel ceased to be Additional Director on 27 Oct 2023. Soham Jasavantbhai Patel ceased to be Additional Director on 27 Oct 2023. Varshil Packaging has 14 board changes on record in total.

Yes, Varshil Packaging is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0001711).

Varshil Packaging can be reached through the website varshilpackaging.com. Its registered office is in Mehsana, Gujarat, India.