MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GJ-06-0005138
Welpack Ppolymers Limited - packaging in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹29.74 Cr
▲ 14% YoY
Net profit · FY 2022
₹72.81 Lakh
Net margin 2.4%
EBITDA · FY 2022
₹2.96 Cr
EBITDA margin 9.9%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹7.5 Cr
Issued & subscribed
Open charges
₹21.39 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
7
Provident fund records
About Welpack Ppolymers Limited
Data last updated:
Welpack Ppolymers Limited is a public limited company based in Bharuch, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 06 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2017PLC098178. Its GSTIN is 24AACCW0423E1ZX (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.5 Cr. It is led by directors including Nawal Kishore Jalan (Managing Director) and Manisha Dokania (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bharuch, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹29.74 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹72.81 Lakh (net margin 2.4%) and EBITDA of ₹2.96 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.39 Cr on record. Court records list 19 cases involving the company, including 1 filed by the company and 18 filed against it; 5 cases are pending.
Welpack Ppolymers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0005138). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welpackppolymersltd.com.
Company details
CIN U25199GJ2017PLC098178
Registration Number 098178
Incorporation Date 06 July 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-06-0005138
Key People
Nawal Kishore Jalan Managing Director Manisha Dokania Managing Director Sanju Jalan Whole-Time Director Recognitions & Rankings of Welpack Ppolymers
Contact details
Welpack Ppolymers Limited's registered office is in Bharuch, Gujarat. Its website is welpackppolymersltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. D – 2/E/21/8 Opp. Thummer Engineering Village : Gale, Nda, Bharuch, Gujarat, India – 392140
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Welpack Ppolymers Limited, buy the company report.
Comprehensive company report
Welpack Ppolymers 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 Welpack Ppolymers 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 Welpack Ppolymers Limited, buy the company report.
Financials of Welpack Ppolymers Limited
FY 2022 filings availableWelpack Ppolymers Limited reported revenue of ₹29.74 Cr (up 14% YoY) for FY 2022.
Revenue · FY 2022
₹29.74 Cr ▲ 14%
Net profit · FY 2022
₹72.81 Lakh margin 2.4%
EBITDA · FY 2022
₹2.96 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 14% growth in the latest year. EBITDA rose 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.81 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Welpack Ppolymers Limited, buy the company report.
Board of directors of Welpack Ppolymers Limited
Welpack Ppolymers has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanju Jalan Also directs: Nandini Vyapar Private Limited, Lahiris Commercial Corpn Pvt Ltd, Aryan Abasan Private Limited and 2 more | Whole-Time Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Sunil Dokania Kumar Also directs: Aaradhya Residential Developers & Constructions LLP, Nightangle Projects LLP, Mahadev Dealtrade Private Limited and 3 more | Director | 04 Aug 2017 | 9 Years 2 Months | Current |
| Nawal Kishore Jalan Also directs: Littiwala Foods & Beverages LLP, Sangotri Constructions Limited, Pulkit Infrastructure Private Limited and 5 more | Managing Director | 04 Aug 2017 | 9 Years 2 Months | Current |
| Manisha Dokania Also directs: Aaradhya Residential Developers & Constructions LLP, Nightangle Projects LLP, Vedant Infradev Private Limited and 3 more | Managing Director | 06 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Welpack Ppolymers Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Maharaja Polyfab Limited | ₹30.23 Cr (FY 2025) | 63.0% | Bargarh, Odisha, India | |||
| Plaspack Synthetics Private Limited | ₹30.16 Cr (FY 2024) | -28.0% | Naranpura, Ahmedabad 13, Gujarat, India | |||
| Loyal Polypack Private Limited | ₹30.1 Cr (FY 2024) | -15.0% | Morbi, Gujarat, India | |||
| Fibcorp Polyweave Private Limited | ₹30.01 Cr (FY 2025) | -10.0% | Udaipur, Rajasthan, India | |||
| Welpack Ppolymers Limitedthis company | ₹29.74 Cr (FY 2022) | ₹72.81 Lakh | 2.4% | 14.0% | 7 | Bharuch, Gujarat, India |
| Sun Irrigation Systems Private Limited | ₹29.7 Cr (FY 2024) | -7.0% | Kolhapur, Maharashtra, India | |||
| Stanpacks (India) Limited | ₹29.39 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| JBL Saks Private Limited | ₹28.99 Cr (FY 2025) | 9.0% | Thane, Maharashtra, India | |||
| Orient Polypack Private Limited | ₹28.87 Cr (FY 2025) | 34.0% | Jalna, Maharashtra, India |
To see the full peer comparison of Welpack Ppolymers Limited, buy the company report.
Auditor
Welpack Ppolymers Limited is audited by RAJESH BHAUWALA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH BHAUWALA & CO | FY 2022 | 118275W |
Shareholding
The shareholding of Welpack Ppolymers Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welpack Ppolymers Limited, buy the company report.
Charges & borrowings
Open charges
₹21.39 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2020 | 100352091 | Others | ₹22.5 Lakh | Open | |
| 30 Jun 2020 | 100352093 | Others | ₹22.5 Lakh | Open | |
| 30 Jun 2020 | 100352096 | Others | ₹1.5 Cr | Open | |
| 30 Jun 2020 | 100352098 | Others | ₹1.5 Cr | Open | |
| 14 May 2018 | 100177102 | Others | ₹8.97 Cr | Open |
Total charge records: 6 View all charges
Legal cases
Welpack Ppolymers Limited has 19 court cases on record: 1 filed by Welpack Ppolymers, 18 filed against it. 5 cases are pending and 14 are disposed.
Total cases
19
Filed by the company
1
Filed against the company
18
Pending
5
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 4 |
| NCLT | 6 | 5 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Suman Towers Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Triplezone Business Pvt.Ltd. | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Gangwal Traders Private Limited and 4 others | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Suman Towers Private Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Khetan Tracon Private Limited and 4 others | Disposed |
To see the full case history of Welpack Ppolymers 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
Welpack Ppolymers Limited was last rated by Crisil on 28 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Oct 2020 |
To see the full credit ratings and regulatory alerts of Welpack Ppolymers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welpack Ppolymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welpack Ppolymers 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
-50%
GST
Welpack Ppolymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCW0423E1ZX | Gujarat | Active | 06 Nov 2017 |
To see the full GST registrations and return filing status of Welpack Ppolymers Limited, buy the company report.
Recent activity
Welpack Ppolymers Limited has 10 board changes on record since 2017: 5 appointments and 5 cessations. The latest: Sanju Jalan ceased to be Director on 12 Jul 2022.
AGM
Welpack Ppolymers Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Sanju Jalan ceased to be Director.
Filing
Welpack Ppolymers Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100352091 was registered on 30 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100352093 was registered on 30 Jun 2020.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100352096 was registered on 30 Jun 2020.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100352098 was registered on 30 Jun 2020.
Ceased
Manisha Dokania ceased to be Director.
Ceased
Nawal Kishore Jalan ceased to be Director.
Charges
A charge with Others amounted to Rs. 8.97 Cr with Charge ID 100177102 was registered on 14 May 2018.
Charges
A charge with Others amounted to Rs. 8.97 Cr with Charge ID 100177104 was registered on 14 May 2018.
Ceased
Arun Kumar Sharma ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Welpack Ppolymers is an active public limited company based in Bharuch, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 06 July 2017 (9+ years old) and is registered under CIN U25199GJ2017PLC098178.
Welpack Ppolymers has 4 current directors:
- Nawal Kishore Jalan - Managing Director
- Manisha Dokania - Managing Director
- Sanju Jalan - Whole-Time Director
- Sunil Dokania Kumar - Director
The latest financial statements of Welpack Ppolymers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Welpack Ppolymers is 24AACCW0423E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Welpack Ppolymers is U25199GJ2017PLC098178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welpack Ppolymers has 19 court cases on record: 1 filed by the company and 18 filed against it. 5 are pending. Most are in the district courts.
Welpack Ppolymers was incorporated on 06 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Welpack Ppolymers by revenue are Maharaja Polyfab Limited, Plaspack Synthetics Private Limited, Loyal Polypack Private Limited, Fibcorp Polyweave Private Limited, Sun Irrigation Systems Private Limited and 3 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).
Sanju Jalan ceased to be Director on 12 Jul 2022. Manisha Dokania ceased to be Director on 30 Oct 2019. Nawal Kishore Jalan ceased to be Director on 30 Oct 2019. Welpack Ppolymers has 10 board changes on record in total.
Yes, Welpack Ppolymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0005138).
Welpack Ppolymers can be reached through the website welpackppolymersltd.com. Its registered office is in Bharuch, Gujarat, India.
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