- #141 Sandeep Pravinbhai Engineer & family ₹25,400 Cr

About Al-Aziz Plastics Private Limited
Data last updated:
Al-Aziz Plastics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 June 1997 and has been in existence for over 29 years.
Its director Sandeep Pravinbhai Engineer and family are #141 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51495MH1997PTC108973. Its GSTIN is 27AACCA2917K1ZP (Maharashtra). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Uday Adhikari Kashinath (Managing Director) and Saumya Sandeep Engineer.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.77 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹2.03 Cr (net margin -3.7%) and EBITDA of ₹9.67 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹50.09 Cr and satisfied charges of ₹66.02 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.56 Cr; the latest was in May 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alaziz.com.
Company details
Recognitions & Rankings of Al-Aziz Plastics
Contact details
Al-Aziz Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its website is alaziz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3 Nateline Industrial Estate Andheri Kurla Road Sakinaka Andheri (E, Ast), Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Al-Aziz Plastics 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 Al-Aziz Plastics is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Al-Aziz Plastics Private Limited, buy the company report.
Financials of Al-Aziz Plastics Private Limited
FY 2025 filings availableAl-Aziz Plastics Private Limited reported revenue of ₹54.77 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 39% 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 |
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| EBITDA | ₹9.67 Cr | ||||
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| Net Profit (PAT) | -₹2.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | -3.7% | ||||
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To see the full financial statements and ratios of Al-Aziz Plastics Private Limited, buy the company report.
Board of directors of Al-Aziz Plastics Private Limited
Al-Aziz Plastics has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saumya Sandeep Engineer Also directs: Kairav Chemicals Limited, Astral Coatings Private Limited, Al-Aziz Plastics Private Limited and 2 more | Director | 05 May 2025 | 1 Years 5 Months | Current |
| Sandeep Pravinbhai Engineer | Director | 05 May 2025 | 1 Years 5 Months | Current |
| Kairav Sandeep Engineer | Director | 05 May 2025 | 1 Years 5 Months | Current |
| Uday Adhikari Kashinath Also directs: Al-Aziz Plastics Private Limited, Sagar Wines Marketeers Limited | Managing Director | 24 Jun 1997 | 29 Years 4 Months | Current |
| Sagar Uday Adhikari | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Al-Aziz Plastics Private Limited is audited by HITESHKANTILALMEHTA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITESHKANTILALMEHTA | FY 2023 | 040588 |
Shareholding
The shareholding of Al-Aziz Plastics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Al-Aziz Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2023 | 100833539 | Sidbi | ₹1.26 Cr | Open | |
| 14 Jun 2023 | 100731593 | Sidbi | ₹2.24 Cr | Open | |
| 24 Mar 2023 | 100695278 | Sidbi | ₹2 Cr | Open | |
| 17 Oct 2022 | 100617203 | Sidbi | ₹1.49 Cr | Open | |
| 25 Mar 2022 | 100550023 | Sidbi | ₹1.5 Cr | Open |
To see the full charge records of Al-Aziz Plastics Private Limited, buy the company report.
Total charge records: 58 View all charges
Deals & funding
Al-Aziz Plastics Private Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.56 Cr; the latest was in May 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Sagar Adhlkari HUF, an individual Seller: Recarnation Trading and Agencies Private Limited , 3 individuals |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Neelam Enterprises, an individual Seller: 4 individuals |
| Mar 2012 | Funding round | ₹3.26 Cr | Investors: Uday Kashinath Adhikari Huf, 3 individuals |
| Aug 2006 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
To see the full deal history of Al-Aziz Plastics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Al-Aziz Plastics Private Limited has 5 court cases on record: 5 filed by Al-Aziz Plastics. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CAL) | Filed by the company against The Maharashtra State Electricity Board | Disposed |
| Bombay High Court | Appeal | Filed by the company against The Maharashtra State Electricity Board | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Mah'tra State Electricity Board | Disposed |
To see the full case history of Al-Aziz Plastics 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.
Credit ratings & regulatory alerts
Al-Aziz Plastics Private Limited was last rated by Crisil on 24 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Feb 2020 |
To see the full credit ratings and regulatory alerts of Al-Aziz Plastics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Al-Aziz Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Al-Aziz Plastics has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA2917K1ZP | Maharashtra | Active | 01 Jul 2017 |
| 10AACCA2917K1Z4 | Bihar | Active | 16 Oct 2019 |
| 22AACCA2917K1ZZ | Chattisgarh | Active | 23 Oct 2019 |
| 20AACCA2917K1Z3 | Jharkhand | Active | 21 Sep 2021 |
To see the full GST registrations and return filing status of Al-Aziz Plastics Private Limited, buy the company report.
Recent activity
Al-Aziz Plastics Private Limited has 12 board changes on record since 1997: 5 appointments and 7 cessations. The latest: Kairav Sandeep Engineer ceased to be Additional Director on 06 May 2025.
121 earlier events are in the company report.
Frequently asked questions
Al-Aziz Plastics is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 June 1997 (29+ years old) and is registered under CIN U51495MH1997PTC108973.
Al-Aziz Plastics has 5 current directors:
- Uday Adhikari Kashinath - Managing Director
- Saumya Sandeep Engineer - Director
- Sandeep Pravinbhai Engineer - Director
- Kairav Sandeep Engineer - Director
- Sagar Uday Adhikari - Director
The latest financial statements of Al-Aziz Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Al-Aziz Plastics is 27AACCA2917K1ZP, registered in Maharashtra. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 10AACCA2917K1Z4 (Bihar), 22AACCA2917K1ZZ (Chattisgarh), 20AACCA2917K1Z3 (Jharkhand).
The CIN (Corporate Identification Number) of Al-Aziz Plastics is U51495MH1997PTC108973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Al-Aziz Plastics has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the high courts.
Al-Aziz Plastics was incorporated on 24 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Al-Aziz Plastics has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.56 Cr; the latest was in May 2023.
Kairav Sandeep Engineer ceased to be Additional Director on 06 May 2025. Sandeep Pravinbhai Engineer ceased to be Additional Director on 06 May 2025. Saumya Sandeep Engineer ceased to be Additional Director on 06 May 2025. Al-Aziz Plastics has 12 board changes on record in total.
Al-Aziz Plastics can be reached through the website alaziz.com. Its registered office is in Mumbai, Maharashtra, India.

