
Shri Vitthal Twine Tech Private Limited
About Shri Vitthal Twine Tech Private Limited
Data last updated:
Shri Vitthal Twine Tech Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 22 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900MH1989PTC052330.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.85 Cr. It was formerly known as Survodaya Technoplast Pvt Ltd. It is led by directors including Shyamsunder Bansilal Chandak and Rahul Shyamsunder Chandak.
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 3870 Bhavani Pethbarshi, Solapur, Maharashtra, India – 413401.
As per the financials filed for FY 2025, the company reported a revenue of ₹76,000, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹9,000 (net margin 11.8%) and EBITDA of ₹13,000 (EBITDA margin 17.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shri Vitthal Twine Tech Private Limited's registered office is in Solapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3870 Bhavani Pethbarshi, Solapur, Maharashtra, India – 413401
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Shri Vitthal Twine Tech 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
Financials of Shri Vitthal Twine Tech Private Limited
FY 2025 filings availableShri Vitthal Twine Tech Private Limited reported revenue of ₹76,000 (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 46% 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
| 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 | ₹13,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9,000 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 11.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shri Vitthal Twine Tech Private Limited, buy the company report.
Board of directors of Shri Vitthal Twine Tech Private Limited
Shri Vitthal Twine Tech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamsunder Bansilal Chandak | Director | 22 Jun 1989 | 37 Years 4 Months | Current |
| Rahul Shyamsunder Chandak | Director | 05 Sep 2023 | 3 Years 2 Months | Current |
| Madhusudan Bansilal Chandak | Director | 10 Aug 2006 | 20 Years 3 Months | Current |
| Shreyas Madhusudan Chandak | Director | 05 Sep 2023 | 3 Years 2 Months | Current |
Peer comparison
Shri Vitthal Twine Tech Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sais Farm Madurai Private Limited | ₹80,642 (FY 2020) | -98.0% | Madurai, Tamil Nadu, India | |||
| Hermani Enterprise Private Limited | ₹80,460 (FY 2025) | -21.0% | Raipur, Chhattisgarh, India | |||
| Gyaan Mansarovar Polycraft Private Limited | ₹78,140 (FY 2025) | 942.0% | Siliguri, West Bengal, India | |||
| Dewan Plastics Private Limited | ₹77,682 (FY 2024) | Delhi, India | ||||
| K S Plastics India Pvt Ltd | ₹77,490 (FY 2016) | Punjab, India | ||||
| Shri Vitthal Twine Tech Private Limitedthis company | ₹76,000 (FY 2025) | ₹9,000 | 11.8% | 41.0% | Solapur, Maharashtra, India | |
| Specialised Mouldings Private Limited | ₹74,955 (FY 2020) | -82.0% | Mumbai, Maharashtra, India | |||
| Mespa Plast Private Limited | ₹74,580 (FY 2022) | Kolkata, West Bengal, India | ||||
| Pashupati Plastic Hitech Private Limited | ₹72,638 (FY 2016) | 50.0% | Delhi, India | |||
| DMM Stitch and Style Private Limited | ₹72,566 (FY 2025) | 82361.0% | New Delhi, Delhi, India | |||
| Lyncil Plastics Pvt Ltd | ₹72,000 (FY 2025) | Thana, Maharashtra, India |
To see the full peer comparison of Shri Vitthal Twine Tech Private Limited, buy the company report.
Auditor
Shri Vitthal Twine Tech Private Limited is audited by M G B M & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G B M & ASSOCIATES | FY 2021 | 127877W |
Shareholding
The shareholding of Shri Vitthal Twine Tech Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shri Vitthal Twine Tech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shri Vitthal Twine Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Vitthal Twine Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shri Vitthal Twine Tech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shri Vitthal Twine Tech Private Limited has 7 board changes on record since 1989: 4 appointments and 3 cessations. The latest: Rahul Shyamsunder Chandak ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Shri Vitthal Twine Tech is an active private limited company based in Solapur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 22 June 1989 (37+ years old) and is registered under CIN U72900MH1989PTC052330.
Shri Vitthal Twine Tech has 4 current directors:
- Shyamsunder Bansilal Chandak - Director
- Rahul Shyamsunder Chandak - Director
- Madhusudan Bansilal Chandak - Director
- Shreyas Madhusudan Chandak - Director
The latest financial statements of Shri Vitthal Twine Tech 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 CIN (Corporate Identification Number) of Shri Vitthal Twine Tech is U72900MH1989PTC052330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Vitthal Twine Tech was incorporated on 22 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Shri Vitthal Twine Tech by revenue are Sais Farm Madurai Private Limited, Hermani Enterprise Private Limited, Gyaan Mansarovar Polycraft Private Limited, Dewan Plastics Private Limited, K S Plastics India Pvt Ltd and 5 more, all in the Manufacturing industry (Plastic Based Products).
Rahul Shyamsunder Chandak ceased to be Additional Director on 29 Sep 2023. Shreyas Madhusudan Chandak ceased to be Additional Director on 29 Sep 2023. Rahul Shyamsunder Chandak was appointed as Director on 05 Sep 2023. Shri Vitthal Twine Tech has 7 board changes on record in total.
The registered office of Shri Vitthal Twine Tech is at 3870 Bhavani Pethbarshi, Solapur, Maharashtra, India – 413401.
Shri Vitthal Twine Tech operates in the manufacturing industry, in the plastic-based products segment.
The compliance status of Shri Vitthal Twine Tech is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
Yes. Shri Vitthal Twine Tech was formerly known as Survodaya Technoplast Pvt Ltd.

