About A. Schulman Plastics India Private Limited
Data last updated:
A. Schulman Plastics India Private Limited was a foreign private limited company based in Vadodara, Gujarat, India, operated as a subsidiary of A. Schulman Plastics Bvba. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastic and resins segment of the manufacturing sector. It was incorporated on 26 February 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2010FTC077614. Its GSTIN is 24AAICA5441N1ZI (Gujarat). The company held 3 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹52 Cr and a paid-up capital of ₹50.77 Cr. It was led by directors Lakshman Krishnan Iyer and Darshit Bhatt.
Its last annual general meeting (AGM) was held on 29 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No. – 12 GIDC Industrial Estate Near Geb Sub – Station Savli Manjusar, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2020, the company reported a revenue of ₹193.51 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹5.76 Cr (net margin 3%) and EBITDA of ₹18.27 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 22% over five years.
The company had about 37 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: A. Schulman. As per MCA filings, the company had satisfied charges of ₹4 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The last known website on record is aschulman.com.
Company details
CIN history
A. Schulman Plastics India has one previous CIN (Corporate Identification Number): U25199MH2010FTC200495. The current CIN is U25199GJ2010FTC077614, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25199GJ2010FTC077614 | Current |
| U25199MH2010FTC200495 | Previous |
Contact details
A. Schulman Plastics India Private Limited's registered office is in Vadodara, Gujarat. Its website is aschulman.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No. – 12 GIDC Industrial Estate Near Geb Sub – Station Savli Manjusar, Vadodara, Gujarat, India – 391775
- IndustryManufacturing, Plastic & Resins
To see the full contact details of A. Schulman Plastics India 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
Brands
A. Schulman Plastics India operates one associated brand: A. Schulman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of high-performance polymer compounds and resins | aschulman.com |
Business activity
The main business activity of A. Schulman Plastics India 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 A. Schulman Plastics India Private Limited, buy the company report.
Financials of A. Schulman Plastics India Private Limited
FY 2020 filings availableA. Schulman Plastics India Private Limited reported revenue of ₹193.51 Cr (up 28% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 28% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹193.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.76 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of A. Schulman Plastics India Private Limited, buy the company report.
Board of directors of A. Schulman Plastics India Private Limited
A. Schulman Plastics India has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshman Krishnan Iyer | Director | 12 Mar 2019 | 7 Years 8 Months | As last reported |
| Darshit Bhatt | Director | 11 Dec 2017 | 8 Years 11 Months | As last reported |
Peer comparison
A. Schulman Plastics India Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), with 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 |
|---|---|---|---|---|---|---|
| Welset Plast Extrusions Private Limited | ₹196.52 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| A. Schulman Plastics India Private Limitedthis company | ₹193.51 Cr (FY 2020) | ₹5.76 Cr | 3% | 28.0% | 37 | Vadodara, Gujarat, India |
| Grow Max India Private Limited | ₹193.09 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Tapadia Polyesters Private Limited | ₹192.3 Cr (FY 2025) | 28.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of A. Schulman Plastics India Private Limited, buy the company report.
Auditor
A. Schulman Plastics India Private Limited is audited by MUKUND & ROHIT for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND & ROHIT | FY 2020 | 113375W |
Shareholding
The shareholding of A. Schulman Plastics India Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of A. Schulman Plastics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2016 | 100043728 | Others | ₹4 Cr | Satisfied |
To see the full charge records of A. Schulman Plastics India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
A. Schulman Plastics India Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Odyssey Tours and Travels Through Aparna Thakurdas | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Odyssey Tours and Travels Through Aparna Thakurdas | Disposed |
To see the full case history of A. Schulman Plastics India 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 A. Schulman Plastics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
A. Schulman Plastics India Private Limited has a workforce of 37 employees on its EPFO records as of May 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 37 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of A. Schulman Plastics India Private Limited, buy the company report.
GST
A. Schulman Plastics India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA5441N1ZI | Gujarat | Active | 01 Jul 2017 |
| 33AAICA5441N1ZJ | Tamil Nadu | Active | 22 Apr 2019 |
To see the full GST registrations and return filing status of A. Schulman Plastics India Private Limited, buy the company report.
Recent activity
A. Schulman Plastics India Private Limited has 16 board changes on record since 2010: 2 appointments and 14 cessations. The latest: Lakshman Krishnan Iyer ceased to be Additional Director on 19 Sep 2019.
9 earlier events are in the company report.
Frequently asked questions
A. Schulman Plastics India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
A. Schulman Plastics India was a foreign private limited company based in Vadodara, Gujarat, India. The company worked in plastic and resins, within the manufacturing industry. It was incorporated on 26 February 2010 and is registered under CIN U25199GJ2010FTC077614. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
A. Schulman Plastics India was incorporated on 26 February 2010. It is registered with the Registrar of Companies, Ahmedabad.
A. Schulman Plastics India had 2 directors:
- Lakshman Krishnan Iyer - Director
- Darshit Bhatt - Director
The CIN (Corporate Identification Number) of A. Schulman Plastics India is U25199GJ2010FTC077614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of A. Schulman Plastics India is at Plot No. – 12 GIDC Industrial Estate Near Geb Sub – Station Savli Manjusar, Vadodara, Gujarat, India – 391775.
A. Schulman Plastics India can be reached through the website aschulman.com. Its registered office is in Vadodara, Gujarat, India.
The latest financial statements of A. Schulman Plastics India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of A. Schulman Plastics India is 24AAICA5441N1ZI, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAICA5441N1ZJ (Tamil Nadu).
A. Schulman Plastics India operated in the manufacturing industry, in the plastic and resins segment.
The peers of A. Schulman Plastics India by revenue are Welset Plast Extrusions Private Limited, Grow Max India Private Limited, Tapadia Polyesters Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
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