Yashraj Containeurs Limited manufactures and sells metal drums and barrels for industrial packaging in India; its core products include open top steel drums, close top steel drums, composite steel-plastic barrels, epoxy coated or lacquer lined drums, and specialty steel barrels in various sizes, thicknesses, and configurations with internal and external coatings. Incorporated in 1993 and headquartered in Mumbai, Maharashtra, the company operates primarily in the metallic packaging sector, serving customers in industries such as petroleum, chemicals, paints, and pharmaceuticals including Bharat Petroleum Corporation Ltd, Hindustan Petroleum Corporation Ltd, Indian Oil Corporation Ltd, and Reliance Industries Ltd. Yashraj Containeurs holds ISO, BIS, and UN certifications for its products and maintains a fully automatic plant with advanced technologies and quality management systems.
The company currently undergoes Corporate Insolvency Resolution Process (CIRP), initiated by the National Company Law Tribunal Mumbai Bench on February 22, 2024, with Mr. Ajit Kumar appointed as Resolution Professional overseeing ongoing Committee of Creditors (CoC) meetings, the ninth held on November 11, 2024. Recent financial results reflect challenges under CIRP, with standalone net sales at Rs 0.35 crore for June 2024 quarter and a net loss of Rs 21.64 lacs for the September 2024 quarter amid material uncertainties on going concern status. No major acquisitions, partnerships, or new product launches reported in the last 1-2 years; operations continue on a going concern basis pending debt resolution.