MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DD-01-0000426
Vraj Packaging Private Limited - packaging in Daman, Daman And Diu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹88.54 Cr
▼ 17% YoY
Net profit · FY 2025
₹84.26 Lakh
Net margin 1%
EBITDA · FY 2025
₹4.42 Cr
EBITDA margin 5%
Authorised capital
₹3.75 Cr
Registered with MCA
Paid-up capital
₹3.75 Cr
Issued & subscribed
Open charges
₹32.1 Cr
Satisfied ₹35.64 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
42
Provident fund records
About Vraj Packaging Private Limited
Data last updated:
Vraj Packaging Private Limited is a private limited company based in Daman, Daman And Diu, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 17 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74950DD1997PTC002299. Its GSTIN is 26AAACV8096L1ZO (Daman & Diu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹3.75 Cr. It is led by directors Mitesh Kirit Babaria and Devansh Sharad Babaria.
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 Plot No 71/1 70/2 – C And 24/5 Village Kadaiya Nani Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.54 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹84.26 Lakh (net margin 1%) and EBITDA of ₹4.42 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.1 Cr and satisfied charges of ₹35.64 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹3.48 Cr; the latest was in July 2021. Its 9 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Skill Dye Chem Private Limited with revenue of ₹94.51 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 48 overdue payments to 18 micro and small suppliers.
Vraj Packaging Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000426). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrajindia.com.
Company details
CIN U74950DD1997PTC002299
Registration Number 002299
Incorporation Date 17 March 1997
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DD-01-0000426
Recognitions & Rankings of Vraj Packaging
Contact details
Vraj Packaging Private Limited's registered office is in Daman, Daman And Diu. Its website is vrajindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 71/1 70/2 – C And 24/5 Village Kadaiya Nani Daman, Daman and Diu, India – 396210
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Vraj Packaging Private Limited, buy the company report.
Comprehensive company report
Vraj 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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Business activity
The main business activity of Vraj Packaging 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 Vraj Packaging Private Limited, buy the company report.
Financials of Vraj Packaging Private Limited
FY 2025 filings availableVraj Packaging Private Limited reported revenue of ₹88.54 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹88.54 Cr ▼ 17%
Net profit · FY 2025
₹84.26 Lakh margin 1%
EBITDA · FY 2025
₹4.42 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 12%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 4%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 17% fall in the latest year. EBITDA fell 10% 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 |
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| Total Expenses | |||||
| EBITDA | ₹4.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹84.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vraj Packaging Private Limited, buy the company report.
Board of directors of Vraj Packaging Private Limited
Vraj Packaging has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Kirit Babaria | Director | 11 Nov 2010 | 15 Years 11 Months | Current |
| Devansh Sharad Babaria | Director | 29 Apr 2022 | 4 Years 5 Months | Current |
Peer comparison
Vraj Packaging Private Limited is compared with the 9 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Skill Dye Chem Private Limited | ₹94.51 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Banglore Polycotters Private Limited | ₹91.6 Cr (FY 2025) | -3.0% | Jaipur, Rajasthan, India | |||
| JPS Plastics Private Limited | ₹91.47 Cr (FY 2025) | 6.0% | Uttar Pradesh, India | |||
| Pratap Polysacks Limited | ₹91.42 Cr (FY 2024) | -1.0% | Kolkata, West Bengal, India | |||
| Vraj Packaging Private Limitedthis company | ₹88.54 Cr (FY 2025) | ₹84.26 Lakh | 1% | -17.0% | 42 | Daman, Daman And Diu, India |
| Brocade India Polytex Limited | ₹87.73 Cr (FY 2025) | 17.0% | Palakkad, Kerala, India | |||
| RVL Poly Industries Private Limited | ₹87.72 Cr (FY 2025) | 19.0% | Mohali, Punjab, India | |||
| Padmaja Poly Packs Private Limited | ₹87.71 Cr (FY 2025) | 43.0% | Hyderabad, Telangana, India | |||
| Shrivarad Polyfab Private Limited | ₹87.58 Cr (FY 2024) | -8.0% | Rau, Madhya Pradesh, India | |||
| Salguti Industries Limited | ₹87.42 Cr (FY 2025) | 1.0% | Telangana, India |
To see the full peer comparison of Vraj Packaging Private Limited, buy the company report.
Auditor
Vraj Packaging Private Limited is audited by SHETH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHETH & ASSOCIATES | FY 2023 | 110040W |
Shareholding
The shareholding of Vraj 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 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 Vraj Packaging Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.1 Cr
Satisfied charges
₹35.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2021 | 100408341 | Sbicap Trustee Company Limited | ₹32.1 Cr | Open | |
| 25 Jan 2000 | 90076295 | Dena Bank | ₹5.35 Lakh | Satisfied | |
| 06 Jul 1998 | 90076247 | Others | ₹30.07 Cr | Satisfied | |
| 12 Jan 1998 | 90076222 | The Economic Evelopment Corporation of Goa | ₹5.52 Cr | Satisfied |
To see the full charge records of Vraj Packaging Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Vraj Packaging Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹3.48 Cr; the latest was in July 2021.
Total deals
7
Secondary share transfers
6
Funding round
1
Disclosed funding
₹3.48 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Vraj Cement Carriers LLP, 3 individuals Seller: 4 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2010 | Funding round | ₹3.48 Cr | Investors: 4 individuals |
To see the full deal history of Vraj Packaging Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vraj Packaging Private Limited has 7 court cases on record: 7 filed by Vraj Packaging. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
7
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Daman, Diu and Daman | Court case (S.C.S.) | Filed by the company against Polygon Chemicals Pvt Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Pradhan and Company and 2 Others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Mohini Harishchandra Pradhan Proprietor of Lucky and Company | Pending |
| District court, Daman, Diu and Daman | Court case (S.C.S.) | Filed by the company against Maharashtra Bio Fertilizers India Pvt. Ltd.An 2 Ors. and 2 others | Disposed |
| District court, Daman, Diu and Daman | Court case (Reg.Civil Suit) | Filed by the company against Bliss Dairy Fress Pvt Ltd. | Disposed |
To see the full case history of Vraj Packaging Private 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
Vraj Packaging Private Limited was last rated by Crisil on 03 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Mar 2020 |
To see the full credit ratings and regulatory alerts of Vraj Packaging Private Limited, buy the company report.
MSME payment delays
Vraj Packaging Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 48 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Vraj Packaging Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vraj Packaging Private Limited has a workforce of 42 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
Employee growth
-16%
GST
Vraj Packaging has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACV8096L1ZO | Daman & Diu | Active | 01 Aug 2020 |
| 27AAACV8096L2ZL | Maharashtra | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Vraj Packaging Private Limited, buy the company report.
Recent activity
Vraj Packaging Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Kirit Vrajlal Babaria ceased to be Director on 20 Oct 2022.
AGM
Vraj Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vraj Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Kirit Vrajlal Babaria ceased to be Director.
Ceased
Devansh Sharad Babaria ceased to be Additional Director.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 32.10 Cr registered on 15 Jan 2021 with Charge ID 100408341 was modified on 27 May 2022.
Appointed
Devansh Sharad Babaria was appointed as Director.
Ceased
Ashit Ramesh Shah ceased to be Director.
Charges
A charge registered on 25 Jan 2000 via Charge ID 90076295 with Dena Bank was fully satisfied on 16 Feb 2021.
Charges
A charge registered on 06 Jul 1998 via Charge ID 90076247 with Others was fully satisfied on 16 Feb 2021.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 32.10 Cr with Charge ID 100408341 was registered on 15 Jan 2021.
Charges
A charge with Others of Rs. 30.07 Cr registered on 06 Jul 1998 with Charge ID 90076247 was modified on 17 Nov 2020.
Ceased
Mitesh Kirit Babaria ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Vraj Packaging is an active private limited company based in Daman, Daman And Diu, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 17 March 1997 (29+ years old) and is registered under CIN U74950DD1997PTC002299.
Vraj Packaging has 2 current directors:
- Mitesh Kirit Babaria - Director
- Devansh Sharad Babaria - Director
The latest financial statements of Vraj Packaging 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 Vraj Packaging is 26AAACV8096L1ZO, registered in Daman & Diu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACV8096L2ZL (Maharashtra).
The CIN (Corporate Identification Number) of Vraj Packaging is U74950DD1997PTC002299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vraj Packaging has 7 court cases on record: 7 filed by the company. 2 are pending.
Vraj Packaging was incorporated on 17 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Goa.
Vraj Packaging has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹3.48 Cr; the latest was in July 2021.
The peers of Vraj Packaging by revenue are Skill Dye Chem Private Limited, Banglore Polycotters Private Limited, JPS Plastics Private Limited, Pratap Polysacks Limited, Brocade India Polytex Limited and 4 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kirit Vrajlal Babaria ceased to be Director on 20 Oct 2022. Devansh Sharad Babaria ceased to be Additional Director on 30 Sep 2022. Devansh Sharad Babaria was appointed as Director on 29 Apr 2022. Vraj Packaging has 11 board changes on record in total.
Yes, Vraj Packaging is registered as a medium enterprise under Udyam registration (number: UDYAM-DD-01-0000426).
Vraj Packaging has 7 MSME Form 1 returns on record between 2019 and 2022, listing 48 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2022.