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MONTAGE ENTERPRISES PRIVATE LIMITED

www.montageind.com
Active
Updated: 19 Oct 2026

Montage Enterprises Private Limited is a manufacturing company specializing in the production of customized industrial packaging solutions. It offers a diverse range of products including corrugated boxes, wooden crates, and protective packaging materials, catering to various sectors such as e-commerce, logistics, and retail, thereby enhancing supply chain efficiency and product safety.

Montage Enterprises Private Limited, is an unlisted private company incorporated on 08 April, 2002. It is classified as a private limited company and is located in Delhi, Delhi. It's authorized share capital is INR 170.00 cr and the total paid-up capital is INR 97.89 cr.

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Subscription Plans
Industry and products
Business Services
  • Coextruded Films, Laminated Films Roll, Spot Hologram, EB Coated Laminate Sheet, Laminated Films Roll Forms, High pressure Laminates, Laminated Films
Company size
Auth Capital
₹ 170.0 Cr
Paidup Capital
₹ 97.9 Cr
Revenue
₹ 1750-2000 cr
# Key metrics of Montage Enterprises - All rupee values in INR crores. Based on March 2025 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 170.0 Cr | | | Paidup Capital | ₹ 97.9 Cr | | | Revenue | ₹ 1750-2000 cr | | | Total Revenue | ₹1,897.4 | -7.24% | | EBITDA | ₹-38.1 | None% | | Net Profit | ₹-91.7 | None% | | Networth | ₹446.6 | -13.15% | | Borrowings | ₹392.0 | -11.52% | | Assets | ₹2,182.4 | 0.51% | | Gross Margin | 14.2% | -0.27 | | Operating Margin | -2.0% | -0.2 | | Net Profit Margin | -4.8% | 0.32 | | Return on Equity | -20.5% | -0.06 | | ROCE | -37.7% | -12.61 | | Debt to Equity | 0.9 | 0.02 |
Key Metrics

** All rupee values in INR crores. Based on March 2025 numbers.

Total Revenue
-7.24%
₹ 1,897.4
EBITDA
-
₹ -38.1
Net Profit
-
₹ -91.7
Networth
-13.15%
₹ 446.6
Borrowings
-11.52%
₹ 392.0
Assets
0.51%
₹ 2,182.4
Gross Margin
-0.27
14.2 %
Operating Margin
-0.2
-2.0 %
Net Profit Margin
0.32
-4.8 %
Return on Equity
-0.06
-20.5 %
ROCE
-12.61
-37.7 %
Debt to Equity
0.02
0.9
Sales
Mar 2025
Net worth
Mar 2025

Locations

indian flag India (9)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Whole-time director Abhijit Giri 08751262 5 years
Director Prashant Kumar Singh 02075995 5 years

Financial Highlights

** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales 2,060.0 2,367.3 2,362.0 2,034.0 1,877.9
Operating profit 143.7 10.1 -42.5 -37.2 -38.1
Net profit 15.4 -78.5 -116.6 -105.3 -91.7
Gross margin 23.2 16.6 13.9 14.5 14.2
Operating margin 7.0 0.4 -1.8 -1.8 -2.0
Net margin 0.7 -3.3 -4.9 -5.2 -4.8
Networth 800.6 791.0 602.0 514.2 446.6
Borrowings 387.4 478.9 475.9 443.0 392.0
Assets 1,964.5 2,175.8 2,135.7 2,171.3 2,182.4
Debt to equity 0.5 0.6 0.8 0.9 0.9
Current ratio 1.5 1.4 1.2 1.1 1.0
ROE 1.9 -9.9 -19.4 -20.5 -20.5
Days payable 130.0 136.0 153.0 207.0 238.0
WC days 69.0 56.0 41.0 23.0 6.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
₹
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 6.4 6.4 6.4 6.4 6.4
Reserves 794.2 784.6 595.6 507.9 440.2
Borrowings + 387.4 478.9 475.9 443.0 392.0
Long term borrowings 311.5 350.2 340.0 281.9 232.9
Short term borrowings 75.9 128.7 135.9 161.1 159.1
Trade payables + 564.0 733.1 852.3 986.8 1,047.8
Days payable 130.0 136.0 153.0 207.0 238.0
Other liabilities + 212.4 172.7 205.5 227.3 296.0
Other non-current liabilities 22.7 17.4 15.5 39.2 69.7
Other current liabilities 189.7 155.3 190.0 188.1 226.4
Total liabilities 1,964.5 2,175.8 2,135.7 2,171.3 2,182.4
Fixed Assets + 383.3 331.3 284.8 258.7 210.3
Tangible assets 360.0 312.7 263.3 217.5 174.6
CWIP 9.0 6.7 17.4 10.3 11.3
Intangible assets 14.3 11.9 4.1 31.0 24.4
LT loans and advances 20.8 31.0 31.2 31.2 27.6
Other non-current assets 341.5 431.6 375.0 419.7 481.1
Current assets + 1,218.9 1,381.9 1,444.7 1,461.7 1,463.5
Inventories 176.4 237.8 206.2 189.4 162.7
Trade receivables 898.8 959.8 1,016.6 1,107.1 1,137.9
Cash and cash equivalents 37.3 18.5 4.3 5.5 4.9
ST loans and advances - - - - -
Other current assets 106.4 165.8 217.5 159.8 158.0
Total assets 1,964.5 2,175.8 2,135.7 2,171.3 2,182.4
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Total assets

Profit & Loss

Standalone
Consolidated
₹
%
** All numbers in INR crores
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Sales + 2,060.0 2,367.3 2,362.0 2,034.0 1,877.9
Sales growth % -1.72 14.92 -0.22 -13.89 -7.67
Expenses + 2,045.2 2,476.8 2,520.6 2,178.1 2,018.2
Cost of goods 1,582.1 1,974.2 2,033.6 1,738.6 1,610.2
Employee cost 70.2 76.1 88.8 90.3 88.9
Other costs 264.0 306.9 282.1 242.3 216.9
Operating profit + 143.7 10.1 -42.5 -37.2 -38.1
Operating margin % 7.0 0.4 -1.8 -1.8 -2.0
Other income 9.8 9.9 6.6 11.4 19.5
Interest 50.5 47.4 47.3 47.6 49.6
Depreciation 78.3 72.1 68.8 59.3 52.6
Exceptional items - - - - -
Profit before tax 24.7 -99.5 -151.9 -132.7 -120.8
Tax 9.2 -21.0 -35.3 -27.3 -29.1
Profit - disc. ops - - - - -
Net profit 15.4 -78.5 -116.6 -105.3 -91.7
Net margin % 0.7 -3.3 -4.9 -5.2 -4.8
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Solvency +
Total Debt/Equity 0.5 0.6 0.8 0.9 0.9
Net Debt/Equity 0.4 0.6 0.8 0.8 0.9
Total Debt/Assets 0.2 0.2 0.2 0.2 0.2
Total Assets/Equity 2.5 2.8 3.5 4.2 4.9
Liquidity +
Current Ratio 1.5 1.4 1.2 1.1 1.0
Quick Ratio 1.3 1.1 1.1 0.9 0.9
Interest Coverage 2.8 0.2 -0.9 -0.8 -0.8
Performance
Gross Margin 23.2 16.6 13.9 14.5 14.2
Operating Margin 7.0 0.4 -1.8 -1.8 -2.0
Net Margin 0.7 -3.3 -4.9 -5.2 -4.8
Return +
Return on Equity 1.9 -9.9 -19.4 -20.5 -20.5
Pre-tax ROCE 8.5 -8.9 -20.2 -25.1 -37.7
Return on Assets 0.8 -3.6 -5.5 -4.8 -4.2
Pre-tax ROIC 5.7 -5.0 -10.4 -10.1 -10.9
Efficiency +
Days Payable 130.0 136.0 153.0 207.0 238.0
Days Inventory 41.0 44.0 37.0 40.0 37.0
Days Receivable 159.0 148.0 157.0 199.0 221.0
Fixed Asset Turnover 5.4 7.2 8.3 7.9 8.9
Total Asset Turnover 1.1 1.1 1.1 0.9 0.9
Working Capital
Cash Conversion Cycle 70.0 56.0 41.0 32.0 20.0
Working Capital Days 69.0 56.0 41.0 23.0 6.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Punjab National Bank

No. of Loans: 1

Total Amount : 180.0 cr

2

CHAMPION FINSEC LIMITED

No. of Loans: 1

Total Amount : 74.1 cr

3

ULTIMATE FLEXIPACK LIMITED

No. of Loans: 1

Total Amount : 54.0 cr

4

Yes Bank Limited

No. of Loans: 1

Total Amount : 6.6 cr

5

Union Bank of India

No. of Loans: 2

Total Amount : 0.6 cr

6

Toyota Financial Services India Limited

No. of Loans: 1

Total Amount : 0.5 cr

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Charges

Punjab National Bank
CHAMPION FINSEC LIMITED
ULTIMATE FLEXIPACK LIMITED
Yes Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SOMAP HOTELS PRIVATE LIMITED
Active
48.7 Cr 1 Delhi
SILVONEX COMPLEX PRIVATE LIMITED
Active
1.0 L 2 West Bengal
SD BUILDWELL PRIVATE LIMITED
Active
1.0 L 1 Delhi
A-ONE CATERING SERVICES LLP
Active
5.0 L 1 Uttar Pradesh
MINOR HOTELS PRIVATE LIMITED
Active
38.8 Cr 2 Delhi
NOIDA KINGS PRIVATE LIMITED
Active
1.0 L 1 Uttar Pradesh
MONTAGE INDUSTRIES PRIVATE LIMITED
Active
1.0 L 1 Delhi
MANUSHREE CREATIONS PRIVATE LIMITED
Active
920.0 1 Delhi
ULTRA LAMINATES PRIVATE LIMITED
Active
10.0 L 1 Delhi
GANADHIPATI MERCANTILES PVT LTD
Active
20.0 L 1 Delhi
MONTAGE GLOBAL PRIVATE LIMITED
Active
1.0 Cr 1 Delhi

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
AFFLATUS GRAVURES PRIVATE LIMITED Delhi 2003 ₹ 15.0 Cr
GANADHIPATI MERCANTILES PVT LTD Delhi 1995 ₹ 20.0 L
MONTAGE GLOBAL PRIVATE LIMITED Delhi 2001 ₹ 1.0 Cr
ULTRA LAMINATES PRIVATE LIMITED Delhi 2003 ₹ 10.0 L
ASHIAN NEEDLES PRIVATE LIMITED Delhi 1996 ₹ 97.6 L

Tofler Score

Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • LOSS MAKING
  • RECEIVABLES DETERIORATING
  • LOW ROCE
  • PAYABLES DETERIORATING
  • LOW CASH BALANCE
  • REVENUE BELOW AVERAGE
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Garware Hi-Tech Films Limited Maharashtra
Cosmo First Limited Delhi
Aprn Enterprises Private Limited Maharashtra
Sparsh Industries Private Limited Delhi

Peers

Registered Details

CIN

U74950DL2002PTC114886

Incorporation

2002, 24.5 years

Company Email

montageind@gmail.com

Paid up Capital

₹ 97.9 Cr

Authorised Capital

₹ 170.0 Cr

AGM

Sep 2025

Type

Private
Others

FAQ - MONTAGE ENTERPRISES PRIVATE LIMITED

What is the incorporation date of MONTAGE ENTERPRISES PRIVATE LIMITED?

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The incorporation date of MONTAGE ENTERPRISES PRIVATE LIMITED is 08 April, 2002

What is the authorized share capital of MONTAGE ENTERPRISES PRIVATE LIMITED?

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The authorized share capital of MONTAGE ENTERPRISES PRIVATE LIMITED is INR ₹ 170.0 Cr.

What is the paid-up capital of MONTAGE ENTERPRISES PRIVATE LIMITED?

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The paid-up capital of MONTAGE ENTERPRISES PRIVATE LIMITED is INR ₹ 97.9 Cr.

What is the registered address of MONTAGE ENTERPRISES PRIVATE LIMITED?

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The registered address of MONTAGE ENTERPRISES PRIVATE LIMITED is 205, 2nd floor, V-4 Mayur Plaza-2 Local Shopping center, Mayur Vihar Phase -1 Delhi Delhi - 110091

What is the CIN number of MONTAGE ENTERPRISES PRIVATE LIMITED?

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The CIN number of MONTAGE ENTERPRISES PRIVATE LIMITED is U74950DL2002PTC114886.

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