Whitelotus Industries Limited

Whitelotus Industries Limited - packaging in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2011PLC065005 Incorporated 18 April 2011 ROC Ahmedabad HQ Surat, Gujarat, India
Active Public Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2023
₹159.04 Cr
▲ 22% YoY
Net profit · FY 2023
₹1.84 Cr
Net margin 1.2%
EBITDA · FY 2023
₹1.85 Cr
EBITDA margin 1.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹68.05 Lakh
Issued & subscribed
Open charges
₹136.23 Cr
Satisfied ₹3.93 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
26
Provident fund records

About Whitelotus Industries Limited

Data last updated:

Whitelotus Industries Limited is a public limited company based in Surat, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 18 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PLC065005. Its GSTIN is 24AABCW0870A1ZV (Gujarat).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹68.05 Lakh. It is led by directors including Sumant Badri Jalan (Managing Director) and Sheetal Sumant Jalan.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Surat, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹159.04 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 1.2%) and EBITDA of ₹1.85 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.

The company has about 26 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹136.23 Cr and satisfied charges of ₹3.93 Cr on record. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.8 Cr; the latest was in March 2019. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 508 overdue payments to 52 micro and small suppliers.

Whitelotus Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0011744). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website whitelotusindustries.com.

Company details

CIN U17120GJ2011PLC065005
Registration Number 065005
Incorporation Date 18 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0011744
Key People
Sumant Badri Jalan Managing Director Sheetal Sumant Jalan Director Aditya Jalan Director

Recognitions & Rankings of Whitelotus Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0011744

Contact details

Whitelotus Industries Limited's registered office is in Surat, Gujarat. Its website is whitelotusindustries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    whitelotusindustries.com
  • Social Media
  • Registered Address
    704 To 706 Union Trade Centre 7th Floor Near Apple Hospital Udhna Darwaja Ring, Road, Surat, Gujarat, India – 395002
  • Industry
    Packaging, Packaging Films & Foils, Paper, Laminated & Corrugated Packaging

To see the full contact details of Whitelotus Industries Limited, buy the company report.

Comprehensive company report
Whitelotus Industries 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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Financials of Whitelotus Industries Limited

FY 2024 filings available

Whitelotus Industries Limited reported revenue of ₹159.04 Cr (up 22% YoY) for FY 2023.

Revenue · FY 2023
₹159.04 Cr ▲ 22%
Net profit · FY 2023
₹1.84 Cr margin 1.2%
EBITDA · FY 2023
₹1.85 Cr margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 13%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 41%
5 years · compounded
▼ 26%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 22% growth in the latest year. EBITDA fell 82% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹159.04 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.85 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.84 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.2%
Net Profit Margin1.2%
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 Whitelotus Industries Limited, buy the company report.

Board of directors of Whitelotus Industries Limited

Whitelotus Industries has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sheetal Sumant Jalan
Also directs: Dream Solve Cultivation and Marketing Private Limited, Anurag Texofab (India) Private Limited, Wisdom Industries Limited and 1 more
Director18 Apr 201115 Years 6 MonthsCurrent
Aditya JalanDirector14 Feb 20242 Years 8 MonthsCurrent
Sumant Badri Jalan
Also directs: Dream Solve Cultivation and Marketing Private Limited, Anurag Texofab (India) Private Limited, Wisdom Industries Limited and 1 more
Managing Director18 Apr 201115 Years 6 MonthsCurrent
View all directors

Auditor

Whitelotus Industries Limited is audited by DEVENDRA GHEEWALA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DEVENDRA GHEEWALA & CO.FY 2023115563W

Shareholding

The shareholding of Whitelotus Industries 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Whitelotus Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹136.23 Cr
Satisfied charges
₹3.93 Cr
Breakdown by lending institutions
Others₹134.87 Cr
Hdfc Bank Limited₹1.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2023100845022Hdfc Bank Limited₹6.7 LakhOpen
30 Dec 2023100845024Hdfc Bank Limited₹6.7 LakhOpen
29 Dec 2023100845015Hdfc Bank Limited₹6.7 LakhOpen
09 May 2023100726603Hdfc Bank Limited₹1.15 CrOpen
07 Sep 2019100286631Others₹5.25 CrOpen

To see the full charge records of Whitelotus Industries Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Whitelotus Industries Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.8 Cr; the latest was in March 2019.

Total deals
7
Funding rounds
4
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹14.8 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Laurel Infracon Private Limited , 2 individuals
Seller: an individual
Oct 2018Rights issue₹3 CrInvestors: Laurel Infracon Private Limited , Sumant Jalan HUF, 2 individuals
Jun 2018Funding round₹4.35 CrInvestors: Sanjay Jalan HUF, Nandini Dyeing and Printing Private Limited , 2 individuals
Mar 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Anurag Texo Fab India Private Limited
Mar 2013Funding round₹7.45 CrInvestors: Laurel Infracon Private Limited , Anurag Texo Fab India Private Limited, Sanjay Jalan HUF, an individual

To see the full deal history of Whitelotus Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Whitelotus Industries Limited was last rated by Brickwork on 31 May 2022.

Rating agencyRated onRating
Brickwork31 May 2022

To see the full credit ratings and regulatory alerts of Whitelotus Industries Limited, buy the company report.

MSME payment delays

Whitelotus Industries Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 508 overdue payments to 52 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 52)

SupplierAmount dueDue sinceReported on
Yajur Comtrade Private Limited
Maruti Petrochem (Silvassa)
Bharat Resins Private Limited
C.B. Suratwala & Sons
Image Gravures

To see the full MSME payment records of Whitelotus Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Whitelotus Industries Limited has a workforce of 26 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
26
Active EPFO establishments
1
Employee growth
-13.33%

GST

Whitelotus Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCW0870A1ZVGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Whitelotus Industries Limited, buy the company report.

Recent activity

Whitelotus Industries Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Aditya Jalan ceased to be Additional Director on 29 Sep 2024.

AGM
Whitelotus Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 64.81 Cr registered on 15 Jun 2012 with Charge ID 10363685 was modified on 26 Mar 2025.
Charges
A charge with Others of Rs. 64.81 Cr registered on 11 Jun 2012 with Charge ID 10363682 was modified on 25 Mar 2025.
Ceased
Aditya Jalan ceased to be Additional Director.
Filing
Whitelotus Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Aditya Jalan was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100845022 was registered on 30 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100845024 was registered on 30 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100845015 was registered on 29 Dec 2023.
Charges
A charge registered on 30 Sep 2017 via Charge ID 100166876 with Others was fully satisfied on 24 Aug 2023.
Charges
A charge registered on 13 Oct 2017 via Charge ID 100130335 with Others was fully satisfied on 27 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.15 Cr with Charge ID 100726603 was registered on 09 May 2023.

12 earlier events are in the company report.

Frequently asked questions

Whitelotus Industries is an active public limited company based in Surat, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 18 April 2011 (15+ years old) and is registered under CIN U17120GJ2011PLC065005.

Whitelotus Industries has 3 current directors:

The latest financial statements of Whitelotus Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Whitelotus Industries is 24AABCW0870A1ZV, registered in Gujarat.

The CIN (Corporate Identification Number) of Whitelotus Industries is U17120GJ2011PLC065005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Whitelotus Industries was incorporated on 18 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Whitelotus Industries has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹14.8 Cr; the latest was in March 2019.

Aditya Jalan ceased to be Additional Director on 29 Sep 2024. Aditya Jalan was appointed as Director on 14 Feb 2024. Shreeniwas Pareek ceased to be Director on 31 Mar 2021. Whitelotus Industries has 7 board changes on record in total.

Yes, Whitelotus Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0011744).

Whitelotus Industries has 5 MSME Form 1 returns on record between 2019 and 2024, listing 508 overdue payments to 52 micro and small suppliers. The latest return was filed on 03 Jul 2024.

Whitelotus Industries can be reached through the website whitelotusindustries.com. Its registered office is in Surat, Gujarat, India.