
Axis Plastics Private Limited
About Axis Plastics Private Limited
Data last updated:
Axis Plastics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plastics and polymer products segment of the plastics and polymers sector. It was incorporated on 19 December 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2014PTC260264.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Hemang Dhirendra Mehta and Nayan Ajitsing Asher.
Its last annual general meeting (AGM) was held on 11 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office was at 4th Floor N K Mehta International House 178 Backbay Reclamation, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2026, the company reported a revenue of ₹11,814, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹106 (net margin -0.9%) and EBITDA of ₹456 (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
Company details
Contact details
Axis Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor N K Mehta International House 178 Backbay Reclamation, Mumbai, Maharashtra, India – 400020
- IndustryPlastics, Plastic, Manufacturing
To see the full contact details of Axis 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
Financials of Axis Plastics Private Limited
FY 2026 filings availableAxis Plastics Private Limited reported revenue of ₹11,814 (down 54% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 54% fall in the latest year. EBITDA fell 97% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹456 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹106 | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Axis Plastics Private Limited, buy the company report.
Board of directors of Axis Plastics Private Limited
Axis Plastics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemang Dhirendra Mehta | Director | 04 Feb 2015 | 11 Years 8 Months | As last reported |
| Nayan Ajitsing Asher | Director | 22 Sep 2020 | 6 Years 1 Months | As last reported |
| Yogeshkumar Nagindas Shah Also directs: Sonoco Agro-Enterprises Private Limited, Varuna-Vayu Foods Private Limited, Goodkarma Hospitality Private Limited and 5 more | Director | 10 Sep 2020 | 6 Years 1 Months | As last reported |
Auditor
Axis Plastics Private Limited is audited by V.B. DALAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.B. DALAL & CO | FY 2018 | 102055W |
Shareholding
The shareholding of Axis Plastics Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Axis Plastics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Axis Plastics 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 Axis Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Axis Plastics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Axis Plastics Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Nayan Ajitsing Asher ceased to be Additional Director on 15 Jul 2021.
Frequently asked questions
Axis Plastics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Axis Plastics was a private limited company based in Mumbai, Maharashtra, India. The company worked in plastic, within the plastics industry. It was incorporated on 19 December 2014 and is registered under CIN U25203MH2014PTC260264. The company has been struck off by the Registrar of Companies and is no longer operational.
Axis Plastics had 3 directors:
- Hemang Dhirendra Mehta - Director
- Nayan Ajitsing Asher - Director
- Yogeshkumar Nagindas Shah - Director
The CIN (Corporate Identification Number) of Axis Plastics is U25203MH2014PTC260264. 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 Axis Plastics is at 4th Floor N K Mehta International House 178 Backbay Reclamation, Mumbai, Maharashtra, India – 400020.
Axis Plastics was incorporated on 19 December 2014. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Axis Plastics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 May 2026. Year-wise statements from 2015 are in the company report.
Axis Plastics operated in the plastics industry, in the plastic segment. It worked in this industry before it was struck off.
Nayan Ajitsing Asher ceased to be Additional Director on 15 Jul 2021. Yogeshkumar Nagindas Shah ceased to be Additional Director on 15 Jul 2021. Devang Dhairyakant Gandhi ceased to be Director on 24 Sep 2020. Axis Plastics has 7 board changes on record in total.
The compliance status of Axis Plastics is compliant as of 01 November 2026.

