About Vishal Papertech (India) Limited
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Vishal Papertech (India) Limited is a public limited company based in Punjab, India. It operates in the paper segment of the packaging sector. It was incorporated on 14 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21012PB1994PLC015064. Its GSTIN is 03AAACV5110H1ZW (Punjab).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹6.17 Cr. It is led by directors including Mahesh Kumar (Managing Director) and Ankit Gupta (Whole-Time Director).
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 Vill Mubarakpur Teh Dera Bassi Distt Patiala, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹207.55 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Cr (net margin 1.3%) and EBITDA of ₹16.71 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 354 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹249.22 Cr and satisfied charges of ₹66.2 Cr on record. Court records list 32 cases involving the company, including 14 filed by the company and 18 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vishalpaper.com.
Company details
CIN history
Vishal Papertech (India) has one previous CIN (Corporate Identification Number): L21012PB1994PLC015064. The current CIN is U21012PB1994PLC015064, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21012PB1994PLC015064 | Current |
| L21012PB1994PLC015064 | Previous |
Contact details
Vishal Papertech (India) Limited's registered office is in Punjab. Its website is vishalpaper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVill Mubarakpur Teh Dera Bassi Distt Patiala, Punjab, India
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Vishal Papertech (India) 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 Vishal Papertech (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Vishal Papertech (India) Limited, buy the company report.
Financials of Vishal Papertech (India) Limited
FY 2024 filings availableVishal Papertech (India) Limited reported revenue of ₹207.55 Cr (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. 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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| EBITDA | ₹16.71 Cr | ||||
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| Net Profit (PAT) | ₹2.7 Cr | ||||
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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 | 8.1% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vishal Papertech (India) Limited, buy the company report.
Board of directors of Vishal Papertech (India) Limited
Vishal Papertech (India) has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Gupta | Whole-Time Director | 31 Jul 2007 | 19 Years 2 Months | Current |
| Yash Paul Goyal Also directs: Kalaroshan Financial Consultants Private Limited | Director | 29 Dec 1997 | 28 Years 9 Months | Current |
| Deepak Mittal | Additional Director | 01 Jan 2024 | 2 Years 9 Months | Current |
| Mahesh Kumar | Managing Director | 01 Sep 2007 | 19 Years 1 Months | Current |
| Harinder Kumar Goyal | Director | 31 Jul 2007 | 19 Years 2 Months | Current |
Peer comparison
Vishal Papertech (India) Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aaditya Paptech Private Limited | ₹211.26 Cr (FY 2025) | 16.0% | Dahegam, Gujarat, India | |||
| Agarwal Duplex Board Mills Ltd. | ₹209.08 Cr (FY 2025) | 24.0% | Delhi, India | |||
| Vishal Papertech (India) Limitedthis company | ₹207.55 Cr (FY 2024) | ₹2.7 Cr | 1.3% | -27.0% | 354 | Punjab, India |
| Disha Industries Private Limited | ₹207.4 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Sattur Sri Venkateshwara Duplex Boards Private Limited | ₹204.24 Cr (FY 2025) | -8.0% | Sattur, Tamil Nadu, India | |||
| Wadpack Private Limited | ₹202.25 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vishal Papertech (India) Limited, buy the company report.
Auditor
Vishal Papertech (India) Limited is audited by DEEPAK JINDAL AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK JINDAL AND CO | FY 2023 | 023023N |
Shareholding
The shareholding of Vishal Papertech (India) 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vishal Papertech (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101183797 | Others | ₹130 Cr | Open | |
| 17 May 2025 | 101102352 | Others | ₹2.5 Cr | Open | |
| 13 Mar 2025 | 101079681 | Hdfc Bank Limited | ₹75 Lakh | Open | |
| 14 Oct 2024 | 100985260 | Others | ₹7.5 Cr | Open | |
| 01 Aug 2024 | 100964286 | Others | ₹16.5 Cr | Open |
To see the full charge records of Vishal Papertech (India) Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Vishal Papertech (India) Limited has 32 court cases on record: 14 filed by Vishal Papertech (India), 18 filed against it. 10 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 17 | 8 |
| High courts | 3 | 1 | 1 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jhajjar, Haryana | Civil suit | Filed against the company by M/S Bearing Power India Pvt Ltd,Through SH Rajarshi Dixit | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by M/S Micromeg Enterprises Pvt Ltd | Pending |
| District court, North West, Delhi | Court case (Ex.COMM - Award by Arb.Comm) | Filed against the company by Joypack India Pvt Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Sneh International Recycling Private Limited | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by Eastern Bearings Pvt Ltd | Pending |
To see the full case history of Vishal Papertech (India) 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.
Credit ratings & regulatory alerts
Vishal Papertech (India) Limited was last rated by Brickwork on 02 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 02 Mar 2022 |
To see the full credit ratings and regulatory alerts of Vishal Papertech (India) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vishal Papertech (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vishal Papertech (India) Limited has a workforce of 354 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Vishal Papertech (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACV5110H1ZW | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Papertech (India) Limited, buy the company report.
Recent activity
Vishal Papertech (India) Limited has 14 board changes on record since 1997: 5 appointments and 9 cessations. The latest: Deepak Mittal was appointed as Additional Director on 01 Jan 2024.
52 earlier events are in the company report.
Frequently asked questions
Vishal Papertech (India) is an active public limited company based in Punjab, India. The company works in paper, within the packaging industry. It was incorporated on 14 September 1994 (32+ years old) and is registered under CIN U21012PB1994PLC015064.
Vishal Papertech (India) has 5 current directors:
- Mahesh Kumar - Managing Director
- Ankit Gupta - Whole-Time Director
- Yash Paul Goyal - Director
- Deepak Mittal - Additional Director
- Harinder Kumar Goyal - Director
The latest financial statements of Vishal Papertech (India) 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 Vishal Papertech (India) is 03AAACV5110H1ZW, registered in Punjab.
The CIN (Corporate Identification Number) of Vishal Papertech (India) is U21012PB1994PLC015064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishal Papertech (India) has 32 court cases on record: 14 filed by the company and 18 filed against it. 10 are pending. Most are in the district courts.
Vishal Papertech (India) was incorporated on 14 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vishal Papertech (India) by revenue are Aaditya Paptech Private Limited, Agarwal Duplex Board Mills Ltd, Disha Industries Private Limited, Sattur Sri Venkateshwara Duplex Boards Private Limited, Wadpack Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Deepak Mittal was appointed as Additional Director on 01 Jan 2024. Vidya Sagar ceased to be Director on 13 Jun 2020. Ram Kumar ceased to be CFO on 10 Feb 2020. Vishal Papertech (India) has 14 board changes on record in total.
Vishal Papertech (India) can be reached through the website vishalpaper.com. Its registered office is in Punjab, India.
The registered office of Vishal Papertech (India) is at Vill Mubarakpur Teh Dera Bassi Distt Patiala, Punjab, India.