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Parnax Lab Limited
Since 1982, Parnax Lab Limited has maintained a presence in the industry for 44 years. Its CIN is L36912MH1982PLC027925, with registration number 27925. This entity is incorporated as company limited by shares. Parnax Lab Limited is authorized to hold share capital worth ₹13.00 crore. Parnax Lab Limited’s paid-up capital stands at ₹11.49 crore.
The main line of business is manufacture of furniture; manufacturing n.e.c. It operates under Mumbai’s corporate registry. Parnax Lab Limited is incorporated at Gala No. 114, Bldg. No. 8 Jogani Industrial Complex, Chunabhatti, Mumbai, Maharashtra, India, 400022. It is an active company at present. The company’s Permanent Account Number (PAN) is AAACK1457E. Parnax Lab Limited can be contacted at compliance@naxparlab.com. The executive leadership listing includes Mihir Prakash Shah (CEO) and Binoy Baiju Shah (CFO).
Company Overview
- CIN
- Date of Incorporation
- 03/08/1982
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹13,00,00,000.00
- Paid up Capital
- ₹11,48,56,160.00
- Activity
- Manufacture Of Furniture; Manufacturing N.E.C.
- compliance@naxparlab.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Dadra and Nagar Haveli and Daman and Diu | 26AAACK1457E1ZV | Inactive |
| 26AAACK1457E2ZU | Active | |
| Maharashtra | 27AAACK1457E1ZT | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8383L01018 | PARNAX LAB LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | PARNAX LAB/SH VTG | ESVUFN |
| INE383L01019 | PARNAX LAB LIMITED EQ | - | 12/10/2026 | PARNAX LAB/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2015 |
|---|---|---|---|---|---|---|
| Net PPE | ₹13,306.92L | ₹11,977.86L | ₹11,170.44L | ₹8,303.38L | ₹0.00L | ₹0.00L |
| Net Debt | ₹7,418.84L | ₹6,008.84L | ₹7,060.51L | ₹4,962.05L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹17,869.55L | ₹15,963.46L | ₹14,838.02L | ₹11,387.20L | ₹0.00L | ₹0.00L |
| Inventory | ₹3,622.41L | ₹2,576.92L | ₹2,992.76L | ₹2,168.69L | ₹0.00L | ₹0.00L |
| Total Debt | ₹8,278.39L | ₹6,952.57L | ₹8,063.88L | ₹5,471.91L | ₹0.00L | ₹0.00L |
| Common Stock | ₹1,148.56L | ₹1,148.56L | ₹1,148.56L | ₹1,148.56L | ₹0.00L | ₹0.00L |
| Current Debt | ₹5,279.59L | ₹4,265.04L | ₹5,000.98L | ₹3,887.62L | ₹0.00L | ₹0.00L |
| Share Issued | ₹114.86L | ₹114.86L | ₹114.86L | ₹114.86L | ₹0.00L | ₹0.00L |
| Total Assets | ₹22,762.97L | ₹18,981.83L | ₹19,026.15L | ₹14,507.29L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹1,148.56L | ₹1,148.56L | ₹1,148.56L | ₹1,148.56L | ₹0.00L | ₹0.00L |
| Long Term Debt | ₹2,172.89L | ₹1,798.79L | ₹2,105.31L | ₹1,202.38L | ₹0.00L | ₹0.00L |
| Current Assets | ₹9,304.33L | ₹6,834.00L | ₹7,692.83L | ₹6,106.34L | ₹0.00L | ₹0.00L |
| Prepaid Assets | ₹1,245.46L | ₹374.56L | ₹481.67L | ₹279.23L | ₹0.00L | ₹0.00L |
| Working Capital | -₹280.44L | -₹599.37L | -₹639.84L | -₹197.83L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹16,965.98L | ₹14,373.75L | ₹14,263.56L | ₹11,305.41L | ₹0.00L | ₹0.00L |
| Other Properties | ₹3,133.02L | ₹3,752.74L | ₹2,658.38L | ₹2,494.16L | ₹0.00L | ₹0.00L |
| Retained Earnings | ₹6,719.63L | ₹5,541.95L | ₹4,390.06L | ₹3,429.14L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹9,513.50L | ₹8,309.92L | ₹7,157.27L | ₹6,215.41L | ₹0.00L | ₹0.00L |
| Net Tangible Assets | ₹9,445.44L | ₹8,229.59L | ₹7,078.31L | ₹6,192.10L | ₹0.00L | ₹0.00L |
| Tangible Book Value | ₹9,445.44L | ₹8,229.59L | ₹7,078.31L | ₹6,192.10L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹9,584.77L | ₹7,433.37L | ₹8,332.67L | ₹6,304.17L | ₹0.00L | ₹0.00L |
| Long Term Provisions | ₹113.52L | ₹63.42L | ₹61.20L | ₹50.82L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹9,513.50L | ₹8,309.92L | ₹7,157.27L | ₹6,215.41L | ₹0.00L | ₹0.00L |
| Other Equity Interest | -₹0.01L | ₹7,161.36L | ₹6,008.70L | -₹0.01L | ₹0.00L | ₹0.00L |
| Total Capitalization | ₹11,686.39L | ₹10,108.71L | ₹9,262.58L | ₹7,417.79L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹114.86L | ₹114.86L | ₹114.86L | ₹114.86L | ₹0.00L | ₹0.00L |
| Other Intangible Assets | ₹68.06L | ₹80.33L | ₹78.96L | ₹23.31L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | -₹0.02L | ₹288.22L | ₹0.02L | -₹0.01L | ₹0.00L | ₹0.00L |
| Total Non Current Assets | ₹13,458.63L | ₹12,147.83L | ₹11,333.33L | ₹8,400.94L | ₹0.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹33.64L | ₹54.99L | ₹45.78L | ₹127.95L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹1,901.51L | ₹3,231.92L | ₹2,301.10L | ₹646.05L | ₹0.00L | ₹0.00L |
| Accumulated Depreciation | -₹4,562.63L | -₹3,985.60L | -₹3,667.58L | -₹3,083.82L | ₹0.00L | ₹0.00L |
| Additional Paid In Capital | ₹998.55L | ₹998.55L | ₹998.55L | ₹998.55L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹192.68L | ₹213.10L | ₹141.93L | ₹150.15L | ₹0.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹5,688.96L | ₹4,864.99L | ₹4,948.98L | ₹4,366.06L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹68.06L | ₹80.33L | ₹78.96L | ₹23.31L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹9,529.96L | ₹8,324.15L | ₹7,169.46L | ₹6,226.08L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹13,233.01L | ₹10,657.68L | ₹11,856.69L | ₹8,281.21L | ₹0.00L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹5,336.48L | ₹4,328.37L | ₹5,069.65L | ₹3,938.45L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹2,941.91L | ₹2,624.20L | ₹2,994.23L | ₹1,533.46L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹226.32L | ₹268.09L | ₹45.78L | ₹127.95L | ₹0.00L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹3,648.24L | ₹3,224.31L | ₹3,524.02L | ₹1,977.04L | ₹0.00L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2015 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -₹2,745.67L | ₹1,372.35L | -₹1,661.75L | ₹962.98L | ₹0.00L | ₹0.00L |
| Changes In Cash | -₹21.34L | ₹9.21L | -₹82.17L | -₹308.26L | ₹0.00L | ₹0.00L |
| End Cash Position | ₹33.64L | ₹54.99L | ₹45.78L | ₹127.95L | ₹0.00L | ₹0.00L |
| Financing Cash Flow | ₹817.69L | -₹1,581.53L | ₹1,481.72L | -₹1,406.87L | ₹0.00L | ₹0.00L |
| Investing Cash Flow | -₹1,639.15L | -₹1,639.41L | -₹3,151.59L | -₹992.40L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | ₹800.12L | ₹3,230.15L | ₹1,587.70L | ₹2,091.01L | ₹0.00L | ₹0.00L |
| Capital Expenditure | -₹3,545.79L | -₹1,857.80L | -₹3,249.45L | -₹1,128.03L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | ₹54.99L | ₹45.78L | ₹127.95L | ₹436.21L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | -₹0.01L | ₹0.00L | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2015 |
|---|---|---|---|---|---|
| EBIT | ₹2,144.98L | ₹2,091.21L | ₹1,731.21L | ₹1,717.65L | ₹0.00L |
| EBITDA | ₹2,949.60L | ₹2,829.00L | ₹2,427.65L | ₹2,370.56L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹1,177.68L | ₹1,151.89L | ₹960.92L | ₹861.82L | ₹424.62L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹6,782.14L | ₹6,272.19L | ₹5,542.96L | ₹5,126.99L | ₹0.00L |
| Pretax Income | ₹1,590.70L | ₹1,567.42L | ₹1,204.97L | ₹1,227.97L | ₹0.00L |
| Tax Provision | ₹410.84L | ₹413.50L | ₹242.49L | ₹364.66L | ₹0.00L |
| Total Revenue | ₹24,854.42L | ₹18,773.78L | ₹18,871.11L | ₹16,760.69L | ₹10,356.04L |
| Cost Of Revenue | ₹18,072.28L | ₹12,501.59L | ₹13,328.15L | ₹11,633.70L | ₹0.00L |
| Total Expenses | ₹22,503.01L | ₹16,795.00L | ₹17,203.84L | ₹15,085.71L | ₹0.00L |
| Interest Income | ₹17.25L | ₹19.09L | ₹41.99L | ₹23.49L | ₹0.00L |
| Interest Expense | ₹554.28L | ₹523.79L | ₹526.24L | ₹489.68L | ₹0.00L |
| Operating Income | ₹2,351.41L | ₹1,978.78L | ₹1,667.27L | ₹1,674.98L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹3,333.73L | ₹2,854.35L | ₹2,419.89L | ₹2,398.56L | ₹0.00L |
| Normalized Income | ₹1,462.60L | ₹1,170.55L | ₹954.72L | ₹881.51L | ₹0.00L |
| Operating Expense | ₹4,430.73L | ₹4,293.41L | ₹3,875.69L | ₹3,452.01L | ₹0.00L |
| Operating Revenue | ₹24,854.42L | ₹18,773.78L | ₹18,871.11L | ₹16,760.69L | ₹0.00L |
| Net Interest Income | -₹553.69L | -₹519.98L | -₹492.59L | -₹471.61L | ₹0.00L |
| Total Unusual Items | -₹384.13L | -₹25.35L | ₹7.76L | -₹28.00L | ₹0.00L |
| Basic Average Shares | ₹114.86L | ₹114.86L | ₹114.86L | ₹110.69L | ₹0.00L |
| Diluted Average Shares | ₹114.86L | ₹114.86L | ₹114.86L | ₹110.69L | ₹0.00L |
| Total Other Finance Cost | ₹16.66L | ₹15.28L | ₹8.34L | ₹5.42L | ₹0.00L |
| Other Operating Expenses | -₹155.07L | -₹10.43L | ₹3,863.09L | ₹0.67L | ₹0.00L |
| Reconciled Depreciation | ₹804.62L | ₹737.79L | ₹696.44L | ₹652.90L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹18,072.28L | ₹12,501.59L | ₹13,328.15L | ₹11,633.70L | ₹0.00L |
| Rent Expense Supplemental | ₹62.55L | ₹44.74L | ₹48.67L | ₹76.50L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹99.21L | -₹6.69L | ₹1.56L | -₹8.31L | ₹0.00L |
| Interest Income Non Operating | ₹17.25L | ₹19.09L | ₹41.99L | ₹23.49L | ₹0.00L |
| Selling And Marketing Expense | ₹286.97L | ₹306.89L | ₹226.68L | ₹240.37L | ₹0.00L |
| Interest Expense Non Operating | ₹554.28L | ₹523.79L | ₹526.24L | ₹489.68L | ₹0.00L |
| Net Income Common Stockholders | ₹1,177.68L | ₹1,151.89L | ₹960.92L | ₹861.82L | ₹0.00L |
| Net Income Continuous Operations | ₹1,179.86L | ₹1,153.92L | ₹962.48L | ₹863.31L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹1,177.68L | ₹1,151.89L | ₹960.92L | ₹861.82L | ₹0.00L |
| General And Administrative Expense | ₹643.88L | ₹601.14L | ₹482.71L | ₹455.65L | ₹0.00L |
| Selling General And Administration | ₹930.85L | ₹908.03L | ₹709.39L | ₹696.02L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹384.13L | -₹25.35L | ₹7.76L | -₹28.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹553.69L | -₹519.98L | -₹492.59L | -₹471.61L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹1,179.86L | ₹1,153.92L | ₹962.48L | ₹863.30L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹1,177.68L | ₹1,151.89L | ₹960.92L | ₹861.82L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹1,177.68L | ₹1,151.89L | ₹960.92L | ₹861.82L | ₹0.00L |
Company Performance (FY15–FY26)
₹248.5 Cr₹186.4 Cr₹124.3 Cr₹62.1 Cr₹0
FY15FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 31/03/2015 | Ami Mihir Shah | 03101049 | Director | View other directorships |
| 31/03/2015 | Tirunillai Venkateswara Anantharaman | 07147028 | Director | View other directorships |
| 28/05/2021 | Yogesh Kantilal Varia | 09186184 | Director | View other directorships |
| 21/06/2021 | Preet Vijay Kukreja | *****0020C | Company Secretary | |
| 11/08/2023 | Harish Sunderlal Panpalia | 10275561 | Director | View other directorships |
| 05/07/2024 | Mihir Prakash Shah | 00387912 | Managing Director | View other directorships |
| 05/07/2024 | Binoy Baiju Shah | 00440880 | Director | View other directorships |
| 05/07/2024 | Mihir Prakash Shah | *****8973L | CEO | |
| 05/07/2024 | Binoy Baiju Shah | *****7709Q | CFO |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 9
- Mihir Prakash ShahManaging Director
- Binoy Baiju ShahDirector
- Harish Sunderlal PanpaliaDirector
- Yogesh Kantilal VariaDirector
- Ami Mihir ShahDirector
- Tirunillai Venkateswara AnantharamanDirector
- Binoy Baiju ShahCFO
- Mihir Prakash ShahCEO
- Preet Vijay KukrejaCompany Secretary
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 22/11/2024 | Form MGT-7-22112024 | - |
| 25/10/2024 | Form AOC-4(XBRL)-25102024_signed | - |
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Address
Gala No. 114, Bldg. No. 8 Jogani Industrial Complex, Chunabhatti, Mumbai, Maharashtra, India, 400022
Frequently Asked Questions
What is the incorporation date of Parnax Lab Limited?
The incorporation date of Parnax Lab Limited is 03/08/1982.
What is the authorized share capital and paid-up capital of Parnax Lab Limited?
The authorized share capital of Parnax Lab Limited is ₹13,00,00,000.00. The paid-up capital is ₹11,48,56,160.00.
Who are the current board members & directors of Parnax Lab Limited?
The current board member of Parnax Lab Limited are:
- Ami Mihir Shah
- Yogesh Kantilal Varia
- Tirunillai Venkateswara Anantharaman
- Mihir Prakash Shah
- Binoy Baiju Shah
- Harish Sunderlal Panpalia
What is the registered address of Parnax Lab Limited?
The registered address of Parnax Lab Limited is Gala No. 114, Bldg. No. 8 Jogani Industrial Complex, Chunabhatti, Mumbai, Maharashtra, India, 400022.
What is the Corporate Identification Number of Parnax Lab Limited?
The Corporate Identification Number of Parnax Lab Limited is L36912MH1982PLC027925.