Accura Plastech Private Limited
About Accura Plastech Private Limited
Data last updated:
Accura Plastech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 23 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25208GJ2012PTC072779. Its GSTIN is 24AALCA1156D1Z4 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Jyotsnaben Patel Chandrakant and Chandrakant Keshavlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ff – 24 J.B Tower Opp. Durdarshn Tower Drivein Road Thaltej, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.13 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹8.31 Lakh (net margin -37.5%) and EBITDA of -₹2.56 Lakh (EBITDA margin -11.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
As per MCA filings, the company has open charges of ₹56 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Accura Plastech Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFf – 24 J.B Tower Opp. Durdarshn Tower Drivein Road Thaltej, Ahmedabad, Gujarat, India – 380052
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Accura Plastech 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 Accura Plastech 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 Accura Plastech Private Limited, buy the company report.
Financials of Accura Plastech Private Limited
FY 2019 filings availableAccura Plastech Private Limited reported revenue of ₹22.13 Lakh (down 33% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 33% fall in the latest year. EBITDA fell 130% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.13 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.31 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.6% | ||||
| Net Profit Margin | -37.5% | ||||
| 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 Accura Plastech Private Limited, buy the company report.
Board of directors of Accura Plastech Private Limited
Accura Plastech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotsnaben Patel Chandrakant | Director | 02 May 2018 | 8 Years 6 Months | Current |
| Chandrakant Keshavlal Patel Also directs: Banaskantha Timber Production Producer Company Limited | Director | 23 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Accura Plastech Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Preethvi Wire & Cables (OPC) Private Limited | ₹22.53 Lakh (FY 2019) | 35.0% | Delhi, India | |||
| Accura Plastech Private Limitedthis company | ₹22.13 Lakh (FY 2019) | -₹8.31 Lakh | -37.5% | -33.0% | Ahmedabad, Gujarat, India | |
| M S Rubbers Pvt Ltd | ₹21.92 Lakh (FY 2025) | -42.0% | Punjab, India | |||
| Indrani Polymers Private Limited | ₹21.89 Lakh (FY 2023) | Kolkata, West Bengal, India |
To see the full peer comparison of Accura Plastech Private Limited, buy the company report.
Auditor
Accura Plastech Private Limited is audited by PAVAN KHANDELWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVAN KHANDELWAL & CO | FY 2019 | 131719W |
Shareholding
The shareholding of Accura Plastech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Accura Plastech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2013 | 10437021 | Corporation Bank | ₹56 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Accura Plastech 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 Accura Plastech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Accura Plastech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA1156D1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accura Plastech Private Limited, buy the company report.
Recent activity
Accura Plastech Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Jashwant Shamjibhai Patel ceased to be Director on 03 May 2018.
Frequently asked questions
Accura Plastech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 November 2012 (14+ years old) and is registered under CIN U25208GJ2012PTC072779.
Accura Plastech has 2 current directors:
- Jyotsnaben Patel Chandrakant - Director
- Chandrakant Keshavlal Patel - Director
The latest financial statements of Accura Plastech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Accura Plastech is 24AALCA1156D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Accura Plastech is U25208GJ2012PTC072779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accura Plastech was incorporated on 23 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Accura Plastech by revenue are Preethvi Wire & Cables (OPC) Private Limited, M S Rubbers Pvt Ltd, Indrani Polymers Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Jashwant Shamjibhai Patel ceased to be Director on 03 May 2018. Jyotsnaben Patel Chandrakant was appointed as Director on 02 May 2018. Bhaveshkumar Keshavlal Patel ceased to be Director on 07 Apr 2017. Accura Plastech has 5 board changes on record in total.
The registered office of Accura Plastech is at Ff – 24 J.B Tower Opp. Durdarshn Tower Drivein Road Thaltej, Ahmedabad, Gujarat, India – 380052.
Accura Plastech operates in the manufacturing industry, in the plastic-based products segment.
Accura Plastech has open charges of ₹56 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
