Avon Plastic Industries Private Limited

Avon Plastic Industries Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U25209KA1994PTC015521 Incorporated 18 April 1994 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹603.49 Cr
▼ 3% YoY
Net profit · FY 2025
₹36.87 Cr
Net margin 6.1%
EBITDA · FY 2025
₹67.15 Cr
EBITDA margin 11.1%
Authorised capital
₹5.7 Cr
Registered with MCA
Paid-up capital
₹1.88 Cr
Issued & subscribed
Open charges
₹244.1 Cr
Satisfied ₹82.04 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
366
Provident fund records

About Avon Plastic Industries Private Limited

Data last updated:

Avon Plastic Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 18 April 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1994PTC015521. Its GSTIN is 29AABCA4814G1ZV (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5.7 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors including Sunil Kumar Bajaj (Managing Director) and Sarita Bajaj (Whole-Time Director).

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 No.53 Bommasandra Jigani Link Road Anekal Taluk, Bangalore, Karnataka, India – 562106.

As per the financials filed for FY 2025, the company reported a revenue of ₹603.49 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹36.87 Cr (net margin 6.1%) and EBITDA of ₹67.15 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.

The company has about 366 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹244.1 Cr and satisfied charges of ₹82.04 Cr on record. Court records list 32 cases involving the company, including 17 filed by the company and 15 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in November 2017. Its 3 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 smaller; the largest is Mayraj Pipes & Products Private Limited with revenue of ₹584.29 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 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 avonplast.com.

Company details

CIN U25209KA1994PTC015521
Registration Number 015521
Incorporation Date 18 April 1994
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Avon Plastic Industries has one previous CIN (Corporate Identification Number): U02529KA1994PTC015521. The current CIN is U25209KA1994PTC015521, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25209KA1994PTC015521Current
U02529KA1994PTC015521Previous

Contact details

Avon Plastic Industries Private Limited's registered office is in Bangalore, Karnataka. Its website is avonplast.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.53 Bommasandra Jigani Link Road Anekal Taluk, Bangalore, Karnataka, India – 562106
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Avon Plastic Industries Private Limited, buy the company report.

Comprehensive company report
Avon Plastic Industries Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Avon Plastic Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Avon Plastic Industries Private Limited, buy the company report.

Financials of Avon Plastic Industries Private Limited

FY 2025 filings available

Avon Plastic Industries Private Limited reported revenue of ₹603.49 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹603.49 Cr ▼ 3%
Net profit · FY 2025
₹36.87 Cr margin 6.1%
EBITDA · FY 2025
₹67.15 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 16%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 9%
5 years · compounded
▲ 25%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹67.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36.87 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.1%
Net Profit Margin6.1%
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 Avon Plastic Industries Private Limited, buy the company report.

Board of directors of Avon Plastic Industries Private Limited

Avon Plastic Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunil Kumar BajajManaging Director15 Sep 200917 Years 1 MonthsCurrent
Sarita BajajWhole-Time Director05 Sep 200917 Years 1 MonthsCurrent
Kiran BajajWhole-Time Director24 May 199630 Years 5 MonthsCurrent
Shakuntala BajajWhole-Time Director02 Apr 201016 Years 7 MonthsCurrent

Peer comparison

Avon Plastic Industries Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avon Plastic Industries Private Limitedthis company₹603.49 Cr (FY 2025)₹36.87 Cr6.1%-3.0%366Bangalore, Karnataka, India
Mayraj Pipes & Products Private Limited₹584.29 Cr (FY 2025)265.0%Indore, Madhya Pradesh, India
Kisan Irrigations and Infrastructure Limited₹574.27 Cr (FY 2025)-12.0%Mumbai, Maharashtra, India
Watertec (India) Private Limited₹567.62 Cr (FY 2025)19.0%Palladam, Tamil Nadu, India

To see the full peer comparison of Avon Plastic Industries Private Limited, buy the company report.

Auditor

Avon Plastic Industries Private Limited is audited by SHARMA & PAGARIA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHARMA & PAGARIAFY 2023008217S

Shareholding

The shareholding of Avon Plastic Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avon Plastic Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹244.1 Cr
Satisfied charges
₹82.04 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹93.70 Cr
Standard Chartered Bank₹86.40 Cr
Hdfc Bank Limited₹40.00 Cr
Axis Bank Limited₹24.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Apr 2022100572048Axis Bank Limited₹24 CrOpen
30 Mar 2021100438237Hdfc Bank Limited₹40 CrOpen
20 Jul 2018100198233The Hongkong and Shanghai Banking Corporation Limited₹47.5 CrOpen
02 Jan 2018100146169The Hongkong and Shanghai Banking Corporation Limited₹42 CrOpen
02 Jan 2018100146170The Hongkong and Shanghai Banking Corporation Limited₹4.2 CrOpen

To see the full charge records of Avon Plastic Industries Private Limited, buy the company report.

Total charge records: 21 View all charges

Deals & funding

Avon Plastic Industries Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in November 2017.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Nov 2017Rights issue₹15 CrInvestors: 4 individuals
Nov 2015Secondary share transferUndisclosedBuyer: 2 individuals
Seller: R J Bajaj (HUF), an individual
Oct 2009Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Avon Plastic Industries Private Limited was last rated by Care on 20 Sep 2021.

Rating agencyRated onRating
Care20 Sep 2021

To see the full credit ratings and regulatory alerts of Avon Plastic Industries Private Limited, buy the company report.

MSME payment delays

Avon Plastic Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
an individual supplier
Prasad GWK Cooltech Private Limited
Indofil Industries Limited

To see the full MSME payment records of Avon Plastic Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Avon Plastic Industries Private Limited has a workforce of 366 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
366
Active EPFO establishments
1
Employee growth
13.31%

GST

Avon Plastic Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AABCA4814G1ZVKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Avon Plastic Industries Private Limited, buy the company report.

Recent activity

Avon Plastic Industries Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Shakuntala Bajaj ceased to be Director on 01 Apr 2011.

AGM
Avon Plastic Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 20 Jul 2018 via Charge ID 100198234 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 08 Jan 2018 via Charge ID 100146171 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 02 Jan 2018 via Charge ID 100146172 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jul 2025.
Filing
Avon Plastic Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 30 Mar 2021 with Charge ID 100438237 was modified on 31 May 2024.
Charges
A charge with Standard Chartered Bank of Rs. 7.25 Cr registered on 06 Feb 2016 with Charge ID 10625695 was modified on 10 Mar 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 42.00 Cr registered on 02 Jan 2018 with Charge ID 100146169 was modified on 16 Jan 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 4.20 Cr registered on 02 Jan 2018 with Charge ID 100146170 was modified on 16 Jan 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 Cr registered on 20 Jul 2018 with Charge ID 100198234 was modified on 20 Aug 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 47.50 Cr registered on 20 Jul 2018 with Charge ID 100198233 was modified on 29 Jul 2022.
Charges
A charge with Standard Chartered Bank of Rs. 51.50 Cr registered on 22 Jun 2010 with Charge ID 10229073 was modified on 29 Jul 2022.

47 earlier events are in the company report.

Frequently asked questions

Avon Plastic Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 18 April 1994 (32+ years old) and is registered under CIN U25209KA1994PTC015521.

Avon Plastic Industries has 4 current directors:

The latest financial statements of Avon Plastic Industries 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 GSTIN of Avon Plastic Industries is 29AABCA4814G1ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Avon Plastic Industries is U25209KA1994PTC015521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avon Plastic Industries has 32 court cases on record: 17 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.

Avon Plastic Industries was incorporated on 18 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.

Avon Plastic Industries has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in November 2017.

The peers of Avon Plastic Industries by revenue are Mayraj Pipes & Products Private Limited, Kisan Irrigations and Infrastructure Limited, Watertec (India) Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Shakuntala Bajaj ceased to be Director on 01 Apr 2011. Shakuntala Bajaj was appointed as Whole-Time Director on 02 Apr 2010. Sunil Kumar Bajaj ceased to be Whole-Time Director on 29 Sep 2009. Avon Plastic Industries has 7 board changes on record in total.

Avon Plastic Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 May 2019.

Avon Plastic Industries can be reached through the website avonplast.com. Its registered office is in Bangalore, Karnataka, India.