Akshai Multiplast Private Limited
About Akshai Multiplast Private Limited
Data last updated:
Akshai Multiplast Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the food segment of the food and beverages sector. It was incorporated on 05 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15314KL2010PTC025286. Its GSTIN is 32AAECC2585P1ZC (Kerala).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Casto Foods Private Limited and Castech Castings Private Limited. It is led by directors including Zareena Mohammed Ummer (Whole-Time Director) and Ershad Hussain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at VIII/739 Nida Kanjikode, Palakkad, Kerala, India – 678621.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.14 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹6.79 Lakh (net margin -95.2%) and EBITDA of -₹6 Lakh (EBITDA margin -84.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 22% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Akshai Multiplast has undergone 2 name changes throughout its history. The company was previously known as Casto Foods Private Limited, and Castech Castings Private Limited. The current legal name is Akshai Multiplast Private Limited.
| Company Name | Status |
|---|---|
| Akshai Multiplast Private Limited | Current |
| Casto Foods Private Limited | Previous |
| Castech Castings Private Limited | Previous |
CIN history
Akshai Multiplast has one previous CIN (Corporate Identification Number): U27310KL2010PTC025286. The current CIN is U15314KL2010PTC025286, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15314KL2010PTC025286 | Current |
| U27310KL2010PTC025286 | Previous |
Contact details
Akshai Multiplast Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVIII/739 Nida Kanjikode, Palakkad, Kerala, India – 678621
- IndustryFood And Beverages, Food, Tobacco Products, Beverage
To see the full contact details of Akshai Multiplast Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Akshai Multiplast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Akshai Multiplast Private Limited, buy the company report.
Financials of Akshai Multiplast Private Limited
FY 2025 filings availableAkshai Multiplast Private Limited reported revenue of ₹7.14 Lakh (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -84.1% | ||||
| Net Profit Margin | -95.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Akshai Multiplast Private Limited, buy the company report.
Board of directors of Akshai Multiplast Private Limited
Akshai Multiplast has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zareena Mohammed Ummer | Whole-Time Director | 20 Oct 2010 | 16 Years 0 Months | Current |
| Shimmy Chittodiyil Bhaskaran Also directs: Akshai Gases Pvt Ltd | Director | 05 Jan 2010 | 16 Years 10 Months | Current |
| Ershad Hussain Also directs: Akshai Gases Pvt Ltd | Whole-Time Director | 05 Jan 2010 | 16 Years 10 Months | Current |
Peer comparison
Akshai Multiplast Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saurashtra Polybags Private Limited | ₹7.22 Lakh (FY 2020) | -88.0% | Rajkot, Gujarat, India | |||
| Smart Machineries and Moulds Private Limited | ₹7.18 Lakh (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Aarya Stree Shakti Foundation | ₹7.18 Lakh (FY 2024) | 61.0% | Pune, Maharashtra, India | |||
| Nip Technologies Private Limited | ₹7.15 Lakh (FY 2021) | -63.0% | Chennai, Tamil Nadu, India | |||
| Scott Packagings Private Limited | ₹7.14 Lakh (FY 2025) | 14.0% | Gwalior, Madhya Pradesh, India | |||
| Akshai Multiplast Private Limitedthis company | ₹7.14 Lakh (FY 2025) | -₹6.79 Lakh | -95.2% | -70.0% | Palakkad, Kerala, India | |
| Krishva Diam Private Limited | ₹7.13 Lakh (FY 2024) | -97.0% | Surat, Gujarat, India | |||
| Guru Fabricationsandinvestments Private Limited | ₹7.11 Lakh (FY 2025) | 13.0% | Bengaluru, Karnataka, India | |||
| Utilitronix Pvt Ltd | ₹7.08 Lakh (FY 2025) | 14.0% | Telangana, India | |||
| Luit Refractories Private Limited | ₹7.06 Lakh (FY 2024) | -99.0% | Guwahati, Assam, India | |||
| RJGD & Sons Private Limited | ₹7.06 Lakh (FY 2025) | 10.0% | Ambedkar Nagar, Uttar Pradesh, India |
To see the full peer comparison of Akshai Multiplast Private Limited, buy the company report.
Auditor
Akshai Multiplast Private Limited is audited by SKRL & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SKRL & Associates | FY 2017 | 015075S |
Shareholding
The shareholding of Akshai Multiplast Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Akshai Multiplast Private Limited, buy the company report.
Legal cases
Akshai Multiplast Private Limited has 1 court case on record: 1 filed by Akshai Multiplast. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The State Tax Officer and 2 others | Disposed |
To see the full case history of Akshai Multiplast Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshai Multiplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshai Multiplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECC2585P1ZC | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshai Multiplast Private Limited, buy the company report.
Recent activity
Akshai Multiplast Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Dani John Paul ceased to be Director on 30 Mar 2019.
Frequently asked questions
Akshai Multiplast is an active private limited company based in Palakkad, Kerala, India. The company works in food, within the food and beverages industry. It was incorporated on 05 January 2010 (16+ years old) and is registered under CIN U15314KL2010PTC025286.
Akshai Multiplast has 3 current directors:
- Zareena Mohammed Ummer - Whole-Time Director
- Ershad Hussain - Whole-Time Director
- Shimmy Chittodiyil Bhaskaran - Director
The latest financial statements of Akshai Multiplast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshai Multiplast is 32AAECC2585P1ZC, registered in Kerala.
The CIN (Corporate Identification Number) of Akshai Multiplast is U15314KL2010PTC025286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshai Multiplast has 1 court case on record: 1 filed by the company.
Akshai Multiplast was incorporated on 05 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Akshai Multiplast by revenue are Saurashtra Polybags Private Limited, Smart Machineries and Moulds Private Limited, Aarya Stree Shakti Foundation, Nip Technologies Private Limited, Scott Packagings Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dani John Paul ceased to be Director on 30 Mar 2019. Antoo Kannaden Varkey ceased to be Director on 12 Oct 2018. Ershad Hussain ceased to be Director on 27 Feb 2015. Akshai Multiplast has 7 board changes on record in total.
The registered office of Akshai Multiplast is at VIII739 Nida Kanjikode, Palakkad, Kerala, India – 678621.
Akshai Multiplast operates in the food and beverages industry, in the food segment.
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