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Chiripal Poly Films Limited is a global manufacturer in the packaging industry specializing in the production of flexible packaging films. It offers a wide range of products, including BOPP films, coated films, and specialty films, catering to sectors such as food, pharmaceuticals, and electronics, while providing innovative solutions that enhance product preservation and appeal.
Chiripal Poly Films Limited, is an unlisted public company incorporated on 31 August, 2009. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 120.12 cr and the total paid-up capital is INR 61.93 cr.
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** All rupee values in INR crores. Based on March 2025 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
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1 credit = one company dashboard
| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Purviben Anant Anand Pokhariyal | 07116166 | 5 years |
| Director | Jyotiprasad Devkinandan Chiripal
Shareholder
|
00155695 | 11 years |
| Whole-time Director | Neeraj Kakkar | 06562223 | 13 years |
| Managing Director | Jaiprakash Devkinandan Chiripal
Shareholder
|
00155430 | 17 years |
| Director | Ajay Vyas | 07553649 | 3 years |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales | 2,043.6 | 3,316.9 | 3,625.1 | 3,055.3 | 3,202.1 |
| Operating profit | 274.0 | 480.7 | 240.2 | 200.7 | 268.2 |
| Net profit | 87.3 | 219.4 | 89.6 | 38.6 | 75.0 |
| Gross margin | 28.1 | 27.6 | 21.5 | 21.4 | 24.7 |
| Operating margin | 13.4 | 14.5 | 6.6 | 6.6 | 8.4 |
| Net margin | 4.3 | 6.6 | 2.5 | 1.3 | 2.3 |
| Networth | 953.3 | 1,172.8 | 1,222.6 | 1,260.4 | 1,335.3 |
| Borrowings | 787.4 | 944.0 | 924.7 | 1,031.5 | 1,654.3 |
| Assets | 2,176.9 | 2,721.8 | 2,880.6 | 3,115.4 | 3,971.9 |
| Debt to equity | 0.8 | 0.8 | 0.8 | 0.8 | 1.2 |
| Current ratio | 1.3 | 1.3 | 1.3 | 1.2 | 1.1 |
| ROE | 9.2 | 18.7 | 7.3 | 3.1 | 5.6 |
| Days payable | 73.0 | 55.0 | 59.0 | 75.0 | 87.0 |
| WC days | 31.0 | 25.0 | 23.0 | 22.0 | 16.0 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 13.9 | 13.9 | 13.9 | 13.9 | 13.9 |
| Reserves | 939.4 | 1,158.9 | 1,208.7 | 1,246.6 | 1,321.4 |
| Borrowings + | 787.4 | 944.0 | 924.7 | 1,031.5 | 1,654.3 |
| Long term borrowings | 576.6 | 654.9 | 669.1 | 857.7 | 1,430.6 |
| Short term borrowings | 210.7 | 289.1 | 255.6 | 173.8 | 223.7 |
| Trade payables + | 292.5 | 364.6 | 456.3 | 495.9 | 575.2 |
| Days payable | 73.0 | 55.0 | 59.0 | 75.0 | 87.0 |
| Other liabilities + | 143.7 | 240.4 | 277.0 | 327.5 | 407.0 |
| Other non-current liabilities | 57.5 | 146.3 | 196.5 | 187.9 | 239.4 |
| Other current liabilities | 86.2 | 94.1 | 80.6 | 139.6 | 167.7 |
| Total liabilities | 2,176.9 | 2,721.8 | 2,880.6 | 3,115.4 | 3,971.9 |
| Fixed Assets + | 1,406.7 | 1,684.3 | 1,831.7 | 1,964.5 | 2,795.2 |
| Tangible assets | 1,028.2 | 1,395.4 | 1,708.4 | 1,758.7 | 1,786.2 |
| CWIP | 370.6 | 281.0 | 115.2 | 197.7 | 1,001.4 |
| Intangible assets | 8.0 | 7.9 | 8.1 | 8.1 | 7.6 |
| LT loans and advances | - | - | - | - | - |
| Other non-current assets | 6.0 | 66.0 | 26.6 | 161.4 | 67.3 |
| Current assets + | 764.2 | 971.4 | 1,022.4 | 989.5 | 1,109.5 |
| Inventories | 230.4 | 374.2 | 500.1 | 323.0 | 402.4 |
| Trade receivables | 380.2 | 407.5 | 237.6 | 330.4 | 369.9 |
| Cash and cash equivalents | 54.9 | 4.3 | 1.5 | 1.4 | 1.8 |
| ST loans and advances | - | - | - | - | - |
| Other current assets | 98.7 | 185.4 | 283.2 | 334.6 | 335.3 |
| Total assets | 2,176.9 | 2,721.8 | 2,880.6 | 3,115.4 | 3,971.9 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales + | 2,043.6 | 3,316.9 | 3,625.1 | 3,055.3 | 3,202.1 |
| Sales growth % | 1.55 | 62.31 | 9.29 | -15.72 | 4.8 |
| Expenses + | 1,872.4 | 2,950.4 | 3,529.4 | 3,023.3 | 3,131.3 |
| Cost of goods | 1,468.4 | 2,401.0 | 2,844.1 | 2,401.0 | 2,411.6 |
| Employee cost | 49.1 | 68.6 | 95.4 | 96.6 | 101.8 |
| Other costs | 252.0 | 366.7 | 445.4 | 357.1 | 420.4 |
| Operating profit + | 274.0 | 480.7 | 240.2 | 200.7 | 268.2 |
| Operating margin % | 13.4 | 14.5 | 6.6 | 6.6 | 8.4 |
| Other income | 2.3 | 23.5 | 3.7 | 5.8 | 40.8 |
| Interest | 51.6 | 50.1 | 69.4 | 83.1 | 108.5 |
| Depreciation | 51.2 | 64.1 | 75.2 | 85.5 | 89.0 |
| Exceptional items | - | - | - | - | - |
| Profit before tax | 173.4 | 390.0 | 99.3 | 37.8 | 111.6 |
| Tax | 86.1 | 170.6 | 9.7 | -0.8 | 36.5 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | 87.3 | 219.4 | 89.6 | 38.6 | 75.0 |
| Net margin % | 4.3 | 6.6 | 2.5 | 1.3 | 2.3 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 0.8 | 0.8 | 0.8 | 0.8 | 1.2 |
| Net Debt/Equity | 0.8 | 0.8 | 0.8 | 0.8 | 1.2 |
| Total Debt/Assets | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 |
| Total Assets/Equity | 2.3 | 2.3 | 2.4 | 2.5 | 3.0 |
| Liquidity + | |||||
| Current Ratio | 1.3 | 1.3 | 1.3 | 1.2 | 1.1 |
| Quick Ratio | 0.9 | 0.8 | 0.7 | 0.8 | 0.7 |
| Interest Coverage | 5.3 | 9.6 | 3.5 | 2.4 | 2.5 |
| Performance | |||||
| Gross Margin | 28.1 | 27.6 | 21.5 | 21.4 | 24.7 |
| Operating Margin | 13.4 | 14.5 | 6.6 | 6.6 | 8.4 |
| Net Margin | 4.3 | 6.6 | 2.5 | 1.3 | 2.3 |
| Return + | |||||
| Return on Equity | 9.2 | 18.7 | 7.3 | 3.1 | 5.6 |
| Pre-tax ROCE | 14.1 | 21.8 | 8.0 | 5.4 | 6.1 |
| Return on Assets | 4.0 | 8.1 | 3.1 | 1.2 | 1.9 |
| Pre-tax ROIC | 13.2 | 19.7 | 7.7 | 5.0 | 6.0 |
| Efficiency + | |||||
| Days Payable | 73.0 | 55.0 | 59.0 | 75.0 | 87.0 |
| Days Inventory | 57.0 | 57.0 | 64.0 | 49.0 | 61.0 |
| Days Receivable | 68.0 | 45.0 | 24.0 | 39.0 | 42.0 |
| Fixed Asset Turnover | 1.4 | 2.0 | 2.0 | 1.6 | 1.1 |
| Total Asset Turnover | 0.9 | 1.2 | 1.3 | 1.0 | 0.8 |
| Working Capital | |||||
| Cash Conversion Cycle | 52.0 | 47.0 | 29.0 | 13.0 | 16.0 |
| Working Capital Days | 31.0 | 25.0 | 23.0 | 22.0 | 16.0 |
PNB INVESTMENT SERVICES LIMITED
No. of Loans: 2
Total Amount : 4,524.5 cr
Bank of Maharashtra
No. of Loans: 3
Total Amount : 352.0 cr
Landesbank Baden- Wuerttemberg
No. of Loans: 2
Total Amount : 202.6 cr
BAYERISCHE LANDESBANK
No. of Loans: 1
Total Amount : 195.6 cr
AKA Ausfuhrkredit-Gesellschaft mbH
No. of Loans: 1
Total Amount : 162.2 cr
The Bank of Maharashtra
No. of Loans: 1
Total Amount : 161.0 cr
LANDESBANK BADEN-WURTTEMBERG
No. of Loans: 1
Total Amount : 136.9 cr
Bandhan Bank Limited
No. of Loans: 1
Total Amount : 136.0 cr
Union Bank of India
No. of Loans: 1
Total Amount : 80.0 cr
UCO Bank
No. of Loans: 1
Total Amount : 59.0 cr
SARASWAT CO-OPERATIVE BANK LIMITED
No. of Loans: 2
Total Amount : 53.3 cr
State Bank of India
No. of Loans: 1
Total Amount : 13.6 cr
BANDHAN BANK LIMITED
No. of Loans: 1
Total Amount : 9.0 cr
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| CPF Packaging (FZE) | United Arab Emirates | - | - |
| Chiripal Packaging Europe B.V. | Netherlands | - | - |
| PICASSO FLEXIBLES LIMITED | Maharashtra | 2015 | ₹ 5.0 L |
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The incorporation date of CHIRIPAL POLY FILMS LIMITED is 31 August, 2009
The authorized share capital of CHIRIPAL POLY FILMS LIMITED is INR ₹ 120.1 Cr.
The paid-up capital of CHIRIPAL POLY FILMS LIMITED is INR ₹ 61.9 Cr.
The registered address of CHIRIPAL POLY FILMS LIMITED is 109/110, PENUNSULA CENTRE DR. S. S. RAO ROAD, PAREL, MUMBAI, Maharashtra, India, 400012 - 400012
The CIN number of CHIRIPAL POLY FILMS LIMITED is U17120MH2009PLC195352.