
About Aequs Engineered Plastics Private Limited
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Aequs Engineered Plastics Private Limited is a private limited company based in Bangalore North, Karnataka, India, a subsidiary of Aequs Private Limited. It operates in the toy manufacturing segment of the consumer goods sector. It was incorporated on 10 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U22209KA2015PTC078777. Its GSTIN is 29AANCA2475M1Z1 (Karnataka).
The company has an authorised share capital of ₹211.81 Cr and a paid-up capital of ₹197.62 Cr. It was formerly known as Aequs Plastics Private Limited. It is led by directors including Vidya Sarathy and Shirish Ganamukhi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.6 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹28.5 Cr (net margin -51.3%) and EBITDA of -₹10.6 Cr (EBITDA margin -19.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 4% over five years.
The company has about 187 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aequs. As per MCA filings, the company has open charges of ₹29.3 Cr and satisfied charges of ₹39.55 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company; 1 case is pending. The company has 13 deals on record (5 rights issues, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹35.71 Cr; the latest was in July 2022. Its 10 peer companies in the Consumer Products industry (Plastic Based Products, Toys Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Sanko Svance JRG Tooling India Private Limited with revenue of ₹56.68 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 214 overdue payments to 10 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 aequs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAequs Tower No. 55 Whitefield Main Road, Mahadevapura Post, Bangalore North, Karnataka, India – 560048
- IndustryConsumer Goods, Toy Manufacturing
- 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 Aequs Engineered Plastics Private Limited
The main business activity of Aequs Engineered Plastics 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 Aequs Engineered Plastics Private Limited FY 2025 filings available
Aequs Engineered Plastics Private Limited reported revenue of ₹55.6 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aequs Engineered Plastics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 49% fall in the latest year. EBITDA fell 205% 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 Aequs Engineered Plastics 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 | -₹10.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28.5 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 Aequs Engineered Plastics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -51.3% | •••• | •••• | •••• | •••• |
| 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 Aequs Engineered Plastics 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 Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Plastic Based Products, Toys Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanko Svance JRG Tooling India Private Limited | ₹56.68 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Banipur, Haryana, India |
| Balaji Rotomoulders Private Limited | ₹56.67 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Terra Polyplast Private Limited | ₹56.22 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Kay Plast Product Private Limited | ₹56.21 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Kanpur, Uttar Pradesh, India |
| Swami Samarth Polyfilm Industries Private Limited | ₹56.19 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Aequs Engineered Plastics Private Limited this company | ₹55.6 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Bangalore North, Karnataka, India |
| Sargodha Plasts India Private Limited | ₹55.29 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Pentagon Plastic Industries Private Limited | ₹55.26 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Raghav Surfactants Private Limited | ₹54.91 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kanpur, Uttar Pradesh, India |
| Al-Aziz Plastics Private Limited | ₹54.77 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| B. D. Industries (Pune) Limited | ₹54.74 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Govandi West Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aequs Engineered Plastics by revenue in the Consumer Products industry (Plastic Based Products, Toys Manufacturers), 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 Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse 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 and KMP of Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited currently reports 3 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidya Sarathy Also directs: Vidya Sarathy & Co LLP, Aequs Limited, Aerostructures Manufacturing India Private Limited and 1 more | Director | 18 Sep 2025 | 1 Years 0 Months | Current |
| Shirish Ganamukhi Also directs: Aerostructures Assemblies India Private Limited | Director | 15 Jul 2025 | 1 Years 2 Months | Current |
| Suraj Hukkeri Also directs: Aequs Rajas Extrusion Private Limited | Director | 30 Dec 2022 | 3 Years 9 Months | Current |
| Apoorva Manik Kadari Also directs: Visionary Wealth Services Private Limited | Company Secretary | 27 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Aequs Engineered Plastics 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 Aequs Engineered Plastics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2018 | Axis Bank Limited | ₹29.3 Cr | Open |
| 14 Oct 2015 | State Bank of India | ₹28.05 Cr | Satisfied |
| 14 Oct 2015 | State Bank of India | ₹11.5 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited has 13 deals on record (5 rights issues, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹35.71 Cr; the latest was in July 2022.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Rights issue | ₹21 Cr | Investors: Aequs Limited |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Aequs Limited Seller: an individual |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Aequs Limited Seller: Aequs Manufacturing Investments Private Limited |
| Aug 2021 | Funding round | ₹24.81 Cr | Investors: Aequs Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Aigf Investments Ii Private Limited Seller: Aequs Limited , Aequs Manufacturing Investments Private Limited |
Full deal history
All 13 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.
Legal Cases of Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited has 2 court cases on record: 1 filed by Aequs Engineered Plastics, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (AP.IM) | Filed by the company against Hasbro Sa | Pending |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 214 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Care Pack Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| K G Acharya & Co | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Spinks Impex | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 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.
Employees and EPFO Compliance at Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited has a workforce of 187 employees as of Apr 07, 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.
CIN History of Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics has one previous CIN (Corporate Identification Number): U25200KA2015PTC078777. The current CIN is U22209KA2015PTC078777, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22209KA2015PTC078777 | Current |
| U25200KA2015PTC078777 | Previous |
News related to Aequs Engineered Plastics Private Limited
Recent Activity on Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics Private Limited has 17 board changes on record since 2018: 4 appointments and 13 cessations. The latest: Shirish Ganamukhi ceased to be Additional Director on 28 Sep 2025.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aequs Engineered Plastics 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 Aequs Engineered Plastics 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 Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA2475M1Z1 | 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 Aequs Engineered Plastics 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 Aequs Engineered Plastics Private Limited
Aequs Engineered Plastics is an active private limited company based in Bangalore North, Karnataka, India. The company works in toy manufacturing, within the consumer goods industry. It was incorporated on 10 February 2015 (11+ years old) and is registered under CIN U22209KA2015PTC078777.
Aequs Engineered Plastics reported revenue of ₹55.6 Cr for FY 2025 (down 49% YoY).
Aequs Engineered Plastics has 4 current directors and KMP:
- Vidya Sarathy - Director
- Shirish Ganamukhi - Director
- Suraj Hukkeri - Director
- Apoorva Manik Kadari - Company Secretary
Aequs Engineered Plastics reported a net loss of ₹28.5 Cr (net margin -51.3%) and EBITDA of -₹10.6 Cr (EBITDA margin -19.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aequs Engineered Plastics is -17% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aequs Engineered Plastics is 29AANCA2475M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Aequs Engineered Plastics is U22209KA2015PTC078777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aequs Engineered Plastics has 2 court cases on record: 1 filed by the company. 1 is pending.
Aequs Engineered Plastics was incorporated on 10 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Aequs Engineered Plastics has 13 deals on record (5 rights issues, 5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹35.71 Cr; the latest was in July 2022.
The peers of Aequs Engineered Plastics by revenue are Sanko Svance JRG Tooling India Private Limited, Balaji Rotomoulders Private Limited, Terra Polyplast Private Limited, Kay Plast Product Private Limited, Swami Samarth Polyfilm Industries Private Limited and 5 more, all in the Consumer Products industry (Plastic Based Products, Toys Manufacturers).
Shirish Ganamukhi ceased to be Additional Director on 28 Sep 2025. Vidya Sarathy ceased to be Additional Director on 28 Sep 2025. Vidya Sarathy was appointed as Director on 18 Sep 2025. Aequs Engineered Plastics has 17 board changes on record in total.