About Virgo Laminates Limited
Data last updated:
Virgo Laminates Limited is a public limited company based in Chandigarh, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 25 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U20200CH1996PLC042508. Its GSTIN is 04AABCK4043R1ZD (Chandigarh). The company holds 42 GST registrations, of which 31 are active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹11.97 Cr. It was formerly known as Katyani Chemtech India Private Limited and Katyani Chemtech India Limited. It is led by directors including Surinder Pal (Managing Director) and Tilak Raj (Whole-Time Director).
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 828 Ia Ph II, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,140.9 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹107.72 Cr (net margin 9.4%) and EBITDA of ₹156.85 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 15% over five years.
The company has about 338 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹200.16 Cr and satisfied charges of ₹154.25 Cr on record. Court records list 133 cases involving the company, including 113 filed by the company and 18 filed against it; 26 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.59 Cr; the latest was in December 2020. Its 10 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Itc Limited with revenue of ₹84,142 Cr. The company has 6 MSME Form 1 returns on record between 2017 and 2022, listing 179 overdue payments to 37 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virgolam.com.
Name History of Virgo Laminates Limited
Virgo Laminates has undergone 2 name changes throughout its history. The company was previously known as Katyani Chemtech India Private Limited, and Katyani Chemtech India Limited. The current legal name is Virgo Laminates Limited.
| Company Name | Status |
|---|---|
| Virgo Laminates Limited | Current |
| Katyani Chemtech India Private Limited | Previous |
| Katyani Chemtech India Limited | Previous |
CIN History of Virgo Laminates Limited
Virgo Laminates has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20200CH1996PLC042508, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20200CH1996PLC042508 | Current |
| U20200PB1996PLC018833 | Previous |
| U20200DL1996PLC251265 | Previous |
| U24299PB1996PLC018833 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address828 Ia Ph II, Chandigarh, India – 160002
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
- 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 Virgo Laminates Limited
The main business activity of Virgo Laminates 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 Virgo Laminates Limited FY 2025 filings available
Virgo Laminates Limited reported revenue of ₹1,140.9 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Virgo Laminates Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 1% 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 Virgo Laminates 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 | ₹156.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹107.72 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 of Virgo Laminates Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.4% | •••• | •••• | •••• | •••• |
| 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 Virgo Laminates 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.
Board of Directors of Virgo Laminates Limited
Virgo Laminates has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bishamber Dass | Director | 14 Mar 2015 | 11 Years 7 Months | Current |
| Surinder Pal Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Plywoods Limited and 5 more | Managing Director | 30 Mar 2008 | 18 Years 6 Months | Current |
| Tilak Raj Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Plywoods Limited and 5 more | Whole-Time Director | 14 Mar 2015 | 11 Years 7 Months | Current |
| Parveen Kumar Also directs: Delhi Pride Industries LLP, Glamiva Overseas Private Limited, Virgo Plywoods Limited and 5 more | Whole-Time Director | 14 Mar 2015 | 11 Years 7 Months | Current |
| Jagdish Lal Ahuja Also directs: Indian Laminate Manufacturers Association | Additional Director | 12 Jan 2026 | 0 Years 9 Months | Current |
| Poonam Agarwal | Additional Director | 12 Jan 2026 | 0 Years 9 Months | Current |
Peer Comparison of Virgo Laminates Limited
Virgo Laminates Limited is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Itc Limited Listed | ₹84,142 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Khanna Paper Mills Limited | ₹2,183.84 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Gurgaon, Haryana, India |
| Emami Paper Mills Limited Listed | ₹1,932.5 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Parksons Packaging Limited | ₹1,839.92 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Daman 396 210 U.T, Daman and Diu, India |
| TCPL Packaging Limited Listed | ₹1,784.59 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Virgo Laminates Limited this company | ₹1,140.9 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chandigarh, India |
| Yuto Printing & Packaging (India) Private Limited | ₹1,107.5 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Shivani Detergents Pvt Ltd | ₹1,097.66 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Indore, Madhya Pradesh, India |
| Sillverton Industries Limited | ₹1,008.27 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Uttar Pradesh, India |
| Gayatrishakti Paper & Boards Limited | ₹886.49 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Genus Paper & Boards Limited Listed | ₹865.02 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Moradabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Virgo Laminates by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), 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 Virgo Laminates Limited
Virgo Laminates Limited is audited by Dhillon & Associates for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dhillon & Associates | 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.
Ownership and Shareholding of Virgo Laminates 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 Virgo Laminates Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2025 | Others | ₹1 Cr | Open |
| 22 Mar 2023 | Hdfc Bank Limited | ₹79.75 Lakh | Open |
| 27 May 2021 | Axis Bank Limited | ₹1.7 Cr | Open |
| 07 Feb 2019 | Hdfc Bank Limited | ₹126.57 Cr | Open |
| 07 Jan 2019 | The Hongkong and Shanghai Banking Corporation Limited | ₹5.1 Cr | Open |
Total charge records: 17 View all charges
Deals & Funding of Virgo Laminates Limited
Virgo Laminates Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.59 Cr; the latest was in December 2020.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹7.52 Cr | Investors: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Country Credit Capital Limited., 3 individuals |
| Dec 2011 | Funding round | ₹60 Lakh | Investors: 4 individuals |
| Jul 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Millenium Agro Systems Private Limited , Sada Shiv Stock Shares Private Limited, 2 individuals |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Swetang International Private Limited , Partha Finvest Private Limited, Kaizen Capital Service Private Limited |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Virgo Laminates Limited
Virgo Laminates Limited has 133 court cases on record: 113 filed by Virgo Laminates, 18 filed against it, 2 where it is another party. 26 cases are pending and 107 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 122 | 18 | 25 |
| High courts | 11 | 0 | 1 |
Cases on record (5 of 133)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Shwetdveep Projects Limited | Pending |
| District court, South, Delhi | Commercial suit | Filed by the company against Laxmi Organic Industries Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Shwetdveep Projects Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Ashi Facade Private Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Aayus & Meet Traders Private Limited | Disposed |
Full case history
All 133 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.
MSME Payment Delays by Virgo Laminates Limited
Virgo Laminates Limited has 6 MSME Form 1 returns on record between 2017 and 2022, listing 179 overdue payments to 37 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 (5 of 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Balaji Inks and Chemicals Private Limited | •••• | •••• | •••• |
| Woodmac Industries, Amritsar | •••• | •••• | •••• |
| H.R Industries -Ahmedabad | •••• | •••• | •••• |
| K.L . Datta & Company | •••• | •••• | •••• |
| Ocean Designograph Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Virgo Laminates Limited
Virgo Laminates Limited has a workforce of 338 employees as of Oct 10, 2025.
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 Virgo Laminates Limited
Virgo Laminates Limited has 20 board changes on record since 2007: 10 appointments and 10 cessations. The latest: Jagdish Lal Ahuja was appointed as Additional Director on 12 Jan 2026.
48 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Virgo Laminates 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.
Subsidiaries & Group Companies of Virgo Laminates 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 Virgo Laminates Limited
Virgo Laminates has 42 GST registrations: 31 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AABCK4043R1ZD | Chandigarh | Active | 20 Feb 2018 |
| 03AABCK4043R1ZF | Punjab | Active | 01 Jul 2017 |
| 06AABCK4043R1Z9 | Haryana | Active | 01 Jul 2017 |
| 07AABCK4043R1Z7 | Delhi | Active | 06 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 Virgo Laminates 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.
Related news about Virgo Laminates Limited
Frequently Asked Questions about Virgo Laminates Limited
Virgo Laminates is an active public limited company based in Chandigarh, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 25 September 1996 (30+ years old) and is registered under CIN U20200CH1996PLC042508.
Virgo Laminates reported revenue of ₹1,140.9 Cr for FY 2025 (down 6% YoY).
Virgo Laminates has 6 current directors:
- Surinder Pal - Managing Director
- Tilak Raj - Whole-Time Director
- Parveen Kumar - Whole-Time Director
- Bishamber Dass - Director
- Jagdish Lal Ahuja - Additional Director
- Poonam Agarwal - Additional Director
Virgo Laminates reported a net profit of ₹107.72 Cr (net margin 9.4%) and EBITDA of ₹156.85 Cr (EBITDA margin 13.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Virgo Laminates is 2% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Virgo Laminates is 04AABCK4043R1ZD, registered in Chandigarh. The company has 42 GST registrations in all, of which 31 are active and 11 are cancelled or inactive. Other active GSTINs include 03AABCK4043R1ZF (Punjab), 06AABCK4043R1Z9 (Haryana), 07AABCK4043R1Z7 (Delhi).
The CIN (Corporate Identification Number) of Virgo Laminates is U20200CH1996PLC042508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virgo Laminates has 133 court cases on record: 113 filed by the company and 18 filed against it. 26 are pending. Most are in the district courts.
Virgo Laminates was incorporated on 25 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Virgo Laminates has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.59 Cr; the latest was in December 2020.
The peers of Virgo Laminates by revenue are Itc Limited, Khanna Paper Mills Limited, Emami Paper Mills Limited, Parksons Packaging Limited, TCPL Packaging Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Jagdish Lal Ahuja was appointed as Additional Director on 12 Jan 2026. Poonam Agarwal was appointed as Additional Director on 12 Jan 2026. Ravina Jain was appointed as Additional Director on 19 Apr 2025. Virgo Laminates has 20 board changes on record in total.