Promoter holding
64.27%
JP
Jagannath Polypacks Limited - Due diligence report
A 360° intelligence report on Jagannath Polypacks: trust score, financial health, credit view, compliance, directors, growth and distress si…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Jagannath Polypacks — 360° Intelligence Report
Generated from MCA filings & public records71/100
Trust Score
Moderate
Jagannath Polypacks is assessed as Moderate with a Trust Score of 71/100. Jagannath Polypacks is an active public limited indian non-government company incorporated in 2007, operating in the Packaging sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 02 Aug 2026 from the latest processed filings. Jagannath Polypacks Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
71/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
31/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (B).
Charges position: 5 open (34.01 cr) · 4 satisfied (20.25 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 4 | 48.0 cr |
| Canara Bank | 1 | 48.0 cr |
| Small Industries Development Bank Of India | 1 | 48.0 cr |
| Central Bank Of India | 1 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| Sidbi | 1 | 48.0 cr |
Compliance Score: 31/100 Caution Indicated
- Company status is Active as per MCA.
- Last balance sheet is for Mar 2023 - filings overdue.
- Flagged by authority: EPFO.
- Litigation present in 2 court forum(s).
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SOURAV SEKHAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KSHIROD KUMAR SUBUDHI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANOJ KUMAR SUBUDHI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
06
Ownership & Group Intelligence
As per FY 2022 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
1
Capital events
7 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Jagannath Plastipacks Limited | Associate Company | 74.00% |
Key managerial personnel: MANOJ KUMAR SUBUDHI (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 50 · Distress 80
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Operating for 19+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Statutory filings appear overdue.
Compliance score is weak (31/100).
5 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence58/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment50/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 5 open charge(s) of 34.01 cr already registered.
- Compliance gaps should be priced into terms.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
23 Mar 2023
Charge created
Sidbi - 80.00 Lakh
28 Jul 2022
Charge satisfied
Others
09 Jan 2020
Charge created
Others - 6.72 cr
Charge created
Others - 15.28 cr
30 Sep 2019
Director appointed
SOURAV SEKHAR (Director)
01 Sep 2019
Director ceased
SAROJ KUMAR SUBUDHI
19 Dec 2018
Charge created
Others - 5.00 Lakh
14 Dec 2018
Charge created
Others - 10.00 Lakh
05 May 2017
Charge satisfied
Small Industries Development Bank Of India
28 Jul 2015
Director ceased
ADIT SUMAN
19 May 2015
Charge satisfied
Central Bank Of India
29 Dec 2014
Charge created
Canara Bank - 11.11 cr
31 May 2013
Director ceased
SWARNANJALI SUBUDHI
10
Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of B from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Jain Alufoils Private Limited | U27203DN2012PTC000388 | Silvassa, Dadra & Nagar Haveli, India |
| Creative Mech Automation Private Limited | U29299PN2007PTC130197 | Pune, Maharashtra, India |
| Skgc Infraprojects Private Limited | U26933DL2019PTC359032 | New Delhi, Delhi, India |
| Friends Polytech Private Limited | U17200GJ2010PTC062690 | Rajkot, Gujarat, India |
| Comfort Polymers Private Limited | U21134JK2002PTC002215 | Srinagar, Jammu & Kashmir, India |
| Sherwin Tiles Private Limited | U26933GJ2014PTC080157 | Morbi, Gujarat, India |
| Adeshwar Moulds Private Limited | U29220GJ2007PTC052369 | Ahmedabad, Gujarat, India |
| Isgec Covema Limited. | U52109DL1986PLC025908 | New Delhi, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Jagannath Polypacks before audits and certifications: compliance score 31/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Jagannath Polypacks: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Jagannath Polypacks - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 71/100, distress signals and MSME payment-delay disclosures - know whether Jagannath Polypacks pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Jagannath Polypacks - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Jagannath Polypacks an active company?
Jagannath Polypacks has MCA status “Active” with a compliance score of 31/100 (Caution Indicated).
Is Jagannath Polypacks financially healthy?
Jagannath Polypacks has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.
Should I do business with Jagannath Polypacks?
Its overall Trust Score is 71/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Jagannath Polypacks?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.
Does Jagannath Polypacks have loans or charges against its assets?
5 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.
Is Jagannath Polypacks up to date with its ROC filings?
Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 31/100 (Caution Indicated).
Is it risky to lend to Jagannath Polypacks?
Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
