About Gulnar Plastics
Gulnar Plastics is a Chemicals & Materials company based in Mumbai (India) founded in 2010. Manufacturing of woven plastic products for building and packaging purposes in India. It operates in the Chemicals & Materials and Industrial Goods & Manufacturing sectors. The company has 758 employees. Its Indian entity Gulnar Plastics Private Limited reported revenue of ₹214 Cr. Gulnar Plastics offers products and services including Roof Underlayment and House Wrap. Its focus areas include Manufacturing, Plastics and Polymers, Woven Plastics and Building Materials.
Company details
Gulnar Plastics is identified as a manufacturer of woven plastic products, which were established in 2010 by professionals active in the industry since 1992. Products such as roof underlayments, house wraps, geomembranes, and FIBC bags are produced using innovative technologies and are certified by international bodies like ISO and BIS. A customer-first approach is emphasized, with operations focused on creating value for stakeholders through out-of-the-box solutions in the field of plastics. The companys presence is noted in India, where cutting-edge technology is applied to meet market demands.
- Headquarters Mumbai, India
- Employees 758
- SectorsChemicals & MaterialsIndustrial Goods & Manufacturing
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- Website gulnarplastics.com
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- Legal Name Gulnar Plastics Pvt. Ltd
- Date of Incorporation 04 Jan, 1995
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹214 Cr
FY 2025 · -4% YoY
- Net Profit₹12.14 Cr
FY 2025 · 6% margin
- EBITDA₹22.86 Cr
FY 2025 · 11% margin
- Employee Count758
Associated legal entities of Gulnar Plastics
Gulnar Plastics operates through Gulnar Plastics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gulnar Plastics Private Limited CIN U25200MH1995PTC084321 | Active | 04 Jan 1995 | Mumbai, Maharashtra | ₹214 Cr | 758 | 5 | View details |
Products & Services of Gulnar Plastics
Gulnar Plastics offers a comprehensive portfolio of products and services, including Roof Underlayment and House Wrap.
Roof underlayments are produced for installation with regular roofing nails and are designed to resist tearing.
House wraps are manufactured to prevent air leakage and control drafts in construction applications.
Board of directors of Gulnar Plastics Private Limited (Gulnar Plastics)
Gulnar Plastics Private Limited is the primary company behind Gulnar Plastics. The board of Gulnar Plastics Private Limited currently have 5 directors; the longest-serving is Rajagopalan Balasubramaniam, appointed in 2013. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajagopalan Balasubramaniam DIN 06548615 | Director | 01 Apr 2013 | 13 yrs 7 mo | Gulnar Plastics Private Limited |
| Siddhant Vikram Saboo DIN 07247717 | Director | 02 Dec 2015 | 10 yrs 11 mo | Gulnar Plastics Private Limited |
| Laxmidevi Laxmikumar Saboo DIN 07247727 | Director | 02 Dec 2015 | 10 yrs 11 mo | Gulnar Plastics Private Limited |
| Malti Dialdas Kirpalani DIN 08006194 | Director | 29 Nov 2017 | 8 yrs 11 mo | Gulnar Plastics Private Limited |
| Anshul Vikram Saboo DIN 10244624 | Director | 19 Jul 2023 | 3 yrs 3 mo | Gulnar Plastics Private Limited |
Financials of Gulnar Plastics
Figures of Gulnar Plastics Private Limited, the primary company behind Gulnar Plastics, for FY 2025. Revenue was ₹214 Cr (-4% year on year). Net profit was ₹12.14 Cr (6% margin). EBITDA was ₹22.86 Cr (11% margin). Revenue has grown at a compounded annual rate of +4% over three years and +22% over five years.
- ₹214 CrRevenue · FY 2025 · -4% YoY
- ₹12.14 CrNet profit · 6% margin
- ₹22.86 CrEBITDA · 11% margin
- ₹27.44 CrPaid-up capital
- 758Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gulnar Plastics Private Limited are on its company page.
Detailed financial statements for Gulnar Plastics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Polymers & Plastics
3 companies that operate in the same segment as Gulnar Plastics (Polymers & Plastics) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Thin PET films are manufactured for industrial applications worldwide. | 1984 | Noida, Uttar Pradesh, India | USD 754.18 M | 1,022 | ||
Manufacturer of mattress and foam products | 1971 | Noida, Uttar Pradesh, India | USD 406.72 M | 4,620 | ||
Manufacturing of automotive components and white goods in India. | 1989 | Pune, Maharashtra, India |
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Frequently Asked Questions about Gulnar Plastics
Gulnar Plastics was founded in 2010.
Gulnar Plastics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Gulnar Plastics has 758 employees.
The primary company behind Gulnar Plastics, Gulnar Plastics Private Limited, reported revenue of ₹214 Cr for FY 2025, down 4% year on year.
Gulnar Plastics is identified as a manufacturer of woven plastic products, which were established in 2010 by professionals active in the industry since 1992. Products such as roof underlayments, house wraps, geomembranes, and FIBC bags are produced using innovative technologies and are certified by international bodies like ISO and BIS. A customer-first approach is emphasized, with operations focused on creating value for stakeholders through out-of-the-box solutions in the field of plastics. The companys presence is noted in India, where cutting-edge technology is applied to meet market demands.
Gulnar Plastics offers Roof Underlayment and House Wrap.
Gulnar Plastics operates through Gulnar Plastics Private Limited.
The legal entities of Gulnar Plastics currently have 5 directors, including Rajagopalan Balasubramaniam, Siddhant Vikram Saboo, Laxmidevi Laxmikumar Saboo and others.