About Westrock India Private Limited
Data last updated:
Westrock India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Westrock Packaging Systems Netherlands Bv. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 08 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21000MH1986PTC039768. Its GSTIN is 27AAACR1939A1ZR (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹56.5 Cr and a paid-up capital of ₹9.33 Cr. It was formerly known as Ruby Macons Private Limited and Mwv India Paperboard Packaging Limited. It is led by directors including Rakesh Harimohan Tripathi (Managing Director) and Chirag Brahmbhatt (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹363.47 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹47.36 Cr (net margin -13%) and EBITDA of -₹21.75 Cr (EBITDA margin -6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 418 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WestRock. As per MCA filings, the company has satisfied charges of ₹201.4 Cr on record. Court records list 33 cases involving the company, including 14 filed by the company and 19 filed against it; 9 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹460.02 Cr; the latest was in March 2016. Its 6 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 2 smaller; the largest is Canpac Trends Private Limited with revenue of ₹404.22 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 89 overdue payments to 44 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 westrock.com.
Company details
Name history
Westrock India has undergone 5 name changes throughout its history. The current legal name is Westrock India Private Limited.
| Company Name | Status |
|---|---|
| Westrock India Private Limited | Current |
| Ruby Macons Private Limited | Previous |
| Mwv India Paperboard Packaging Limited | Previous |
| Mwv India Paperboard Packaging Private Limited | Previous |
| Ruby Macons Limited | Previous |
CIN history
Westrock India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U21000MH1986PTC039768, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21000MH1986PTC039768 | Current |
| U28920MH1986PLC039768 | Previous |
| U28920MH1986PTC039768 | Previous |
Contact details
Westrock India Private Limited's registered office is in Mumbai, Maharashtra. Its website is westrock.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework 12th Floor Office No 12B101 – 12B104 Plot No C20 G Block Bandra Kurla Compl, Ex Bandra, Mumbai, Maharashtra, India – 400051
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Westrock India Private 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
Brands
Westrock India operates one associated brand: WestRock. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable packaging solutions are delivered online for diverse industries. | westrock.com |
Business activity
The main business activity of Westrock 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 Westrock India Private Limited, buy the company report.
Financials of Westrock India Private Limited
FY 2024 filings availableWestrock India Private Limited reported revenue of ₹363.47 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 11% fall in the latest year. EBITDA rose 32% 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 |
|---|---|---|---|---|---|
| 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 | -₹21.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.36 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6% | ||||
| Net Profit Margin | -13% | ||||
| 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 Westrock India Private Limited, buy the company report.
Board of directors of Westrock India Private Limited
Westrock India has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeffery Scott Locke | Director | 15 Sep 2018 | 8 Years 1 Months | Current |
| Rakesh Harimohan Tripathi Also directs: Westrock Packaging Systems India Private Limited | Managing Director | 13 Oct 2016 | 10 Years 0 Months | Current |
| Chirag Brahmbhatt Also directs: Westrock Packaging Systems India Private Limited | Whole-Time Director | 29 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Westrock India Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Canpac Trends Private Limited | ₹404.22 Cr (FY 2025) | 21.0% | Ahmedabad, Gujarat, India | |||
| Borkar Packaging Private Limited | ₹399.03 Cr (FY 2024) | -15.0% | Goa, India | |||
| Magnum Ventures Limited. | ₹397.26 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| The South India Paper Mills Limited | ₹370.4 Cr (FY 2025) | 18.0% | Nanjangud, Karnataka, India | |||
| Westrock India Private Limitedthis company | ₹363.47 Cr (FY 2024) | -₹47.36 Cr | -13% | -11.0% | 418 | Mumbai, Maharashtra, India |
| Oji India Packaging Private Limited | ₹361.43 Cr (FY 2025) | 28.0% | Gurgaon, Haryana, India | |||
| Align Components Private Limited | ₹332.58 Cr (FY 2025) | 27.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Westrock India Private Limited, buy the company report.
Auditor
Westrock India Private Limited is audited by S R B C & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO. LLP | FY 2022 | 324982E |
Shareholding
The shareholding of Westrock India 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 Westrock India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2014 | 10543670 | Icici Bank Limited | ₹49.5 Lakh | Satisfied | |
| 28 Jul 2007 | 10064465 | Oriental Bank of Commerce | ₹2.35 Cr | Satisfied | |
| 29 Aug 2005 | 90242764 | Oriental Bank | ₹1.1 Cr | Satisfied | |
| 02 Feb 2005 | 90242636 | Oriental Bank | ₹37.5 Lakh | Satisfied | |
| 21 Nov 2003 | 90225295 | State Bank of India | ₹72.16 Cr | Satisfied |
To see the full charge records of Westrock India Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Westrock India Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹460.02 Cr; the latest was in March 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹434.4 Cr | Investors: WestRock Packaging Systems Netherlands BV |
| Jan 2015 | Funding round | ₹25.63 Cr | Investors: WestRock Packaging Systems Netherlands BV |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Westrock India 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
Westrock India Private Limited has 33 court cases on record: 14 filed by Westrock India, 19 filed against it. 9 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 18 | 7 |
| High courts | 7 | 1 | 2 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by an individual | Pending |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Pending |
To see the full case history of Westrock India 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.
MSME payment delays
Westrock India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 89 overdue payments to 44 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 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Globestar Groupage Services Private Limited | |||
| Rajesh Cargo Movers (India) Private Limited | |||
| Sai Rotary Die Shop | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Westrock India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Westrock India Private Limited has a workforce of 418 employees on its EPFO records as of Apr 09, 2024, across 5 active EPFO establishments.
GST
Westrock India has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR1939A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 27AAACR1939A2ZQ | Maharashtra | Active | 01 Nov 2017 |
| 24AAACR1939A1ZX | Gujarat | Active | 01 Jul 2017 |
| 24AAACR1939A2ZW | Gujarat | Active | 29 Sep 2017 |
To see the full GST registrations and return filing status of Westrock India Private Limited, buy the company report.
Recent activity
Westrock India Private Limited has 23 board changes on record since 2007: 3 appointments and 20 cessations. The latest: Chirag Brahmbhatt was appointed as Whole-Time Director on 29 Sep 2023.
87 earlier events are in the company report.
News
Frequently asked questions
Westrock India is an active private limited company based in Mumbai, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 08 May 1986 (40+ years old) and is registered under CIN U21000MH1986PTC039768.
Westrock India has 3 current directors:
- Rakesh Harimohan Tripathi - Managing Director
- Chirag Brahmbhatt - Whole-Time Director
- Jeffery Scott Locke - Director
The latest financial statements of Westrock India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Westrock India is 27AAACR1939A1ZR, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACR1939A2ZQ (Maharashtra), 24AAACR1939A1ZX (Gujarat), 24AAACR1939A2ZW (Gujarat).
The CIN (Corporate Identification Number) of Westrock India is U21000MH1986PTC039768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westrock India has 33 court cases on record: 14 filed by the company and 19 filed against it. 9 are pending. Most are in the district courts.
Westrock India was incorporated on 08 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Westrock India has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹460.02 Cr; the latest was in March 2016.
The peers of Westrock India by revenue are Canpac Trends Private Limited, Borkar Packaging Private Limited, Magnum Ventures Limited, The South India Paper Mills Limited, Oji India Packaging Private Limited and 1 more, 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).
Chirag Brahmbhatt was appointed as Whole-Time Director on 29 Sep 2023. Deep Halendra Dholakia ceased to be Whole-Time Director on 28 Sep 2023. Chirag Brahmbhatt ceased to be Additional Director on 24 May 2023. Westrock India has 23 board changes on record in total.
Westrock India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 89 overdue payments to 44 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Westrock India can be reached through the website westrock.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
