About Carpenter Engineered Foams India Private Limited
Data last updated:
Carpenter Engineered Foams India Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Rectticel Holding Noord B.V.. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 13 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2011FTC216209. Its GSTIN is 27AAFCR2356A1ZP (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.57 Cr. It is led by directors including Kurt Albert Derieuw and Peter Paul Muniz.
Its last annual general meeting (AGM) was held on 27 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. L 66 MIDC Industrial Area Taloja, Navi Mumbai, Maharashtra, India – 410208.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.54 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹5.73 Cr (net margin 11.3%) and EBITDA of ₹8.87 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Recticel. The company has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹12.49 Cr; the latest was in March 2021. Its 10 peer companies in the Manufacturing industry (Plastics and Resins) are compared by revenue, 5 larger and 5 smaller; the largest is Pooja Plasto Colour Private Limited with revenue of ₹52.18 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 664 overdue payments to 52 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recticel.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. L 66 MIDC Industrial Area Taloja, Navi Mumbai, Maharashtra, India – 410208
- IndustryManufacturing, Plastic & Resins
- 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
- One PDF report, delivered after checkout
Business Activity of Carpenter Engineered Foams India Private Limited
The main business activity of Carpenter Engineered Foams India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Carpenter Engineered Foams India Private Limited FY 2024 filings available
Carpenter Engineered Foams India Private Limited reported revenue of ₹50.54 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Carpenter Engineered Foams India Private Limited
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 36% in the latest year. 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 of Carpenter Engineered Foams India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.87 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.73 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Carpenter Engineered Foams India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Carpenter Engineered Foams India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pooja Plasto Colour Private Limited | ₹52.18 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Delhi, India |
| Sparsh Polychem Private Limited | ₹51.95 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Amura Polymers Private Limited | ₹51.94 Cr (FY 2025) | •••• | •••• | 7582.0% | •••• | Kadi, Gujarat, India |
| Galata Chemicals India Private Limited | ₹51.66 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Mumbai, Maharashtra, India |
| Skyi Fkur Biopolymers Private Limited | ₹51.51 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Carpenter Engineered Foams India Private Limited this company | ₹50.54 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Navi Mumbai, Maharashtra, India |
| Goodfaith Dealers Private Limited | ₹50.28 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| NNM Global Trade Private Limited | ₹49.95 Cr (FY 2021) | •••• | •••• | 205.0% | •••• | Delhi, India |
| SSK Chemicals Private Limited. | ₹49.91 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Chandra Polymer Private Limited | ₹49.78 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Bankim Plast Private Limited | ₹49.6 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Carpenter Engineered Foams India by revenue in the Manufacturing industry (Plastics and Resins), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kurt Albert Derieuw | Director | 09 Oct 2023 | 3 Years 0 Months | Current |
| Peter Paul Muniz | Director | 23 Aug 2023 | 3 Years 1 Months | Current |
| Frank Werner Sander | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Anand Ratilal Meher | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Carpenter Engineered Foams India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹12.49 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Recticel BV Seller: Recticel Holding Noord B.V, Recticel International B.V |
| Jul 2019 | Rights issue | ₹9.99 Cr | Investors: Recticel Holding Noord B.V, Recticel International B.V |
| Apr 2016 | Rights issue | ₹15 Cr | Investors: Recticel International B.V |
| Oct 2013 | Funding round | ₹3.5 Cr | Investors: Recticel Holding Noord B.V, Recticel International B.V |
| Apr 2012 | Funding round | ₹6 Cr | Investors: Recticel Holding Noord B.V, Recticel International B.V |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 664 overdue payments to 52 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Onkar Exim Private Limited. | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Champion Commercial Co. Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ample Logistics | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India operates one associated brand: Recticel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foams are manufactured by Recticel for insulation and technical uses. | recticel.com |
Employees and EPFO Compliance at Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited has a workforce of 34 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India Private Limited has 21 board changes on record since 2013: 5 appointments and 16 cessations. The latest: Frank Werner Sander ceased to be Additional Director on 16 Oct 2023.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Carpenter Engineered Foams India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Carpenter Engineered Foams India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR2356A1ZP | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCR2356A1ZL | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Carpenter Engineered Foams India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Carpenter Engineered Foams India Private Limited
Carpenter Engineered Foams India is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 13 April 2011 (15+ years old) and is registered under CIN U25200MH2011FTC216209.
Carpenter Engineered Foams India reported revenue of ₹50.54 Cr for FY 2025 (down 15% YoY).
Carpenter Engineered Foams India has 4 current directors:
- Kurt Albert Derieuw - Director
- Peter Paul Muniz - Director
- Frank Werner Sander - Director
- Anand Ratilal Meher - Director
Carpenter Engineered Foams India reported a net profit of ₹5.73 Cr (net margin 11.3%) and EBITDA of ₹8.87 Cr (EBITDA margin 17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Carpenter Engineered Foams India is -2% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Carpenter Engineered Foams India is 27AAFCR2356A1ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAFCR2356A1ZL (Karnataka).
The CIN (Corporate Identification Number) of Carpenter Engineered Foams India is U25200MH2011FTC216209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carpenter Engineered Foams India was incorporated on 13 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Carpenter Engineered Foams India has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹12.49 Cr; the latest was in March 2021.
The peers of Carpenter Engineered Foams India by revenue are Pooja Plasto Colour Private Limited, Sparsh Polychem Private Limited, Amura Polymers Private Limited, Galata Chemicals India Private Limited, Skyi Fkur Biopolymers Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Frank Werner Sander ceased to be Additional Director on 16 Oct 2023. Kurt Albert Derieuw ceased to be Additional Director on 16 Oct 2023. Peter Paul Muniz ceased to be Additional Director on 16 Oct 2023. Carpenter Engineered Foams India has 21 board changes on record in total.
Carpenter Engineered Foams India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 664 overdue payments to 52 micro and small suppliers. The latest return was filed on 30 Apr 2024.