MPL Plastics Ltd.

Thane, India Founded: 1972 • Age: 54 yrs Listed
MPL Plastics Ltd. is engaged in manufacturing plastic products.

About MPL Plastics Ltd.

MPL Plastics Ltd. is a publicly listed company based in Thane (India) founded in 1972. MPL Plastics Ltd. is engaged in manufacturing plastic products. It operates on a Direct-to-Consumer (D2C) model. The company has 1 employees. Its chief executive, as recorded, is Madhup B Vaghani. Its Indian entity Mpl Plastics Limited reported revenue of β‚Ή39 Lakh. MPL Plastics Ltd. offers products and services including Plastic Products. Its focus areas include Manufacturing, Plastics and Consumer Plastics. Its competitors include SolarSquare, ZunRoof and Oorjan; 3 of its 3 listed competitors have raised funding.

Company details

MPL Plastics Ltd. is involved in the production of plastic products for consumer use. Operations are based in India with manufacturing units located in Pune and Silvassa. The company is certified with ISO 9001:2000 for quality management systems. Focus is placed on maintaining high standards in the organized plastic industry sector.

  • Headquarters Thane, India
  • Employees 1
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website mplindia.in
  • Legal Name Mpl Plastics Ltd
Key Metrics
  • Market Cap
    ₹7.54 Cr

    MPL · BSE

  • Share Price
    ₹6.37

    +5.64% today

  • EBITDA
    −₹0.56 Cr

    FY 2025-26

  • Net Profit
    −₹0.17 Cr

    FY 2025-26 · +63.8% YoY

  • Employee Count
    1

Products & Services of MPL Plastics Ltd.

MPL Plastics Ltd. offers a comprehensive portfolio of products and services, including Plastic Products.

Plastic Products
Manufacturing

Plastic products are manufactured for various consumer needs.

Board of directors of Mpl Plastics Limited (MPL Plastics Ltd.)

Mpl Plastics Limited is the primary company behind MPL Plastics Ltd.. The boards of the 2 registered companies of MPL Plastics Ltd. currently have 6 directors; the longest-serving is Madhup Bansilal Vaghani, appointed in 1992. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Madhup Bansilal Vaghani
DIN 00067115
Whole-time director01 May 199234 yrs 5 moMpl Plastics Limited
Radhika Sameer Rane
DIN 08126818
Director14 Aug 20188 yrs 2 moMpl Plastics Limited
Manisha Ajay Vaghani
DIN 00202603
Designated Partner16 Aug 20188 yrs 2 moAdroit Business Solutions (India) Llp
Ajaykumar Dineshkumar Vaghani
DIN 00186764
Designated Partner16 Aug 20188 yrs 2 moAdroit Business Solutions (India) Llp
Gopal Ajay Malpani
DIN 02043728
Director11 Apr 20224 yrs 6 moMpl Plastics Limited
Devendra Kumar Negi
DIN 00727105
Director30 Sep 20224 yrsMpl Plastics Limited

People of MPL Plastics Ltd.

1 people are tracked at MPL Plastics Ltd. (1 in leadership); the tracked headcount is 1.

NameRoleGroup
CEO & DirectorLeadership
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IPO & Listings of MPL Plastics Ltd.

MPL Plastics Ltd. is a publicly listed company on the BSE with ticker symbol MPL in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date01 Jan 2000
  • Listed onBSE: 526143
  • Listed entityMPL Plastics Ltd
  • Exchange sectorConsumer durables
  • ISININE343A01016
  • Share price₹6.89 (-0.86% on the day) · 2026-10-14
  • Market capitalisation₹7.8 Cr
  • EPS (diluted, trailing year)₹-0.12
  • Volume (last session)6

Financials of MPL Plastics Ltd.

Exchange-reported figures of Mpl Plastics Limited, the listed company behind MPL Plastics Ltd. (BSE: MPL).

Financial Highlights

FY 2025-26 Β· Standalone
Revenue
₹0.00 Cr
EBITDA
−₹0.56 Cr
-3.7% YoY
Profit After Tax
−₹0.17 Cr
+63.8% YoY
Net Worth
−₹3.69 Cr
-4.5% YoY
Total Assets
₹0.99 Cr
+45.6% YoY
Total Debt
₹3.92 Cr
+13.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.000.010.000.034.05
Revenue growth---100.0%--100.0%-99.3%-
EBITDA(0.56)(0.54)(0.86)(1.73)(6.14)(0.75)(2.56)
EBITDA margin------2500.0%-63.2%
Profit before tax(0.17)(0.47)11.250.86177(0.67)(2.31)
Net profit(0.17)(0.47)(1.31)1.50(4.89)(0.65)(2.25)
Net profit margin------2166.7%-55.6%
EPS (β‚Ή)(0.14)(0.38)7.263.30130.70(0.54)(1.86)
Balance sheet
Total assets0.990.680.86(9.88)(13.95)4.925.51
Net worth(3.69)(3.53)(3.05)(12.13)(16.26)(180)(179)
Total debt3.923.453.151.491.17182182
Cash & bank0.240.250.541.100.310.540.77
Net working capital(0.41)(0.73)(0.68)(12.11)(17.03)1.742.01
Cash flow
Cash from operations(0.49)(0.60)(15.38)(0.28)182(0.25)0.18
Cash from investing0.010.0012.810.780.010.040.07
Cash from financing0.480.312.000.31(182)0.030.02
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.000.320.070.010.000.060.000.00
Total expenses0.130.160.130.130.160.190.150.11
EBITDA(0.13)(0.16)(0.13)(0.13)(0.16)(0.19)(0.15)(0.11)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.13)0.16(0.06)(0.12)(0.16)(0.13)(0.15)(0.11)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.000.320.070.010.000.060.000.00
Total expenses0.130.160.130.130.160.190.150.11
EBITDA(0.13)(0.16)(0.13)(0.13)(0.16)(0.19)(0.15)(0.11)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax(0.13)0.16(0.06)(0.12)(0.16)(0.13)(0.15)(0.11)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.000.010.000.034.05
Revenue growth---100.0%--100.0%-99.3%-
Other income0.390.0712.162.701830.300.46
Total expenses0.560.540.861.746.140.786.61
Employee cost0.190.140.210.290.280.482.07
EBITDA(0.56)(0.54)(0.86)(1.73)(6.14)(0.75)(2.56)
EBITDA margin------2500.0%-63.2%
Depreciation0.000.000.040.100.110.220.21
Interest0.000.000.010.010.000.000.00
Profit before tax(0.17)(0.47)11.250.86177(0.67)(2.31)
Tax0.000.002.18(3.26)13.840.000.00
Net profit(0.17)(0.47)(1.31)1.50(4.89)(0.65)(2.25)
Net profit margin------2166.7%-55.6%
EPS (β‚Ή)(0.14)(0.38)7.263.30130.70(0.54)(1.86)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.5012.5012.5012.5012.5012.5012.50
Reserves & surplus(16.19)(16.03)(15.55)(24.63)(28.76)(192)(192)
Shareholders' funds (net worth)(3.69)(3.53)(3.05)(12.13)(16.26)(180)(179)
Secured loans0.000.000.000.340.3480.51159
Unsecured loans3.923.453.151.150.8310223.11
Total debt3.923.453.151.491.17182182
Total liabilities0.990.680.86(9.88)(13.95)4.925.51
Assets
Gross block0.410.400.402.103.123.123.18
Net block0.140.130.130.911.801.912.18
Capital work in progress0.000.000.000.000.000.000.00
Investments1.031.040.990.960.930.930.90
Inventories0.000.000.000.000.000.000.02
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances0.240.250.541.100.310.540.77
Loans & advances0.660.660.420.920.953.103.08
Total current assets0.900.910.962.021.263.643.87
Total current liabilities1.311.641.6414.1318.291.901.86
Net working capital(0.41)(0.73)(0.68)(12.11)(17.03)1.742.01
Total assets0.990.680.86(9.88)(13.95)4.925.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.060.340.910.100.200.380.11
Net cash from operating activities(0.49)(0.60)(15.38)(0.28)182(0.25)0.18
Net cash from investing activities0.010.0012.810.780.010.040.07
Net cash from financing activities0.480.312.000.31(182)0.030.02
Net change in cash0.00(0.29)(0.57)0.81(0.10)(0.18)0.27
Closing cash0.240.250.541.100.310.540.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth---100.0%--100.0%-99.3%-
EBITDA growth-3.7%+37.2%+50.3%+71.8%-718.7%+70.7%-
PBT growth+63.8%-+1208.1%-99.5%+9998.0%+71.0%+26.4%
Net income growth+63.8%+64.1%-187.3%+130.7%-652.3%+71.1%-
Revenue CAGR (3Y)-100.0%--100.0%-86.5%-100.0%-88.9%-42.5%
EBITDA CAGR (3Y)-31.3%-55.5%+4.7%-12.3%+27.7%--
Profitability & leverage
Net income margin------2233.3%-57.0%
Return on capital employed0.0%0.0%-2.9%-4.1%-20.0%0.0%0.0%
Return on net worth0.0%0.0%-3.2%+3.7%+7.1%0.0%0.0%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.00-1.11-0.550.000.000.00
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.011.25
Inventory turnover0.000.000.000.000.003.0031.23
Debtors turnover0.000.000.000.000.000.002.61
EPS (β‚Ή)(0.14)(0.38)7.263.30130.70(0.54)(1.86)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)(2.96)(2.83)(2.44)(9.71)(13.01)(143.72)(143.25)

Competitors of MPL Plastics Ltd.

MPL Plastics Ltd. has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Oorjan.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
solarsquare.in2015Mumbai, India$61.07M1,463
Provider of solar panel installation services
zunroof.com2016Gurugram, India$17.97M73
Provider of solar panel installation and O&M services
oorjan.com2014Mumbai, India$655,03785
Solar project financing and development
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Web traffic of MPL Plastics Ltd.

The website of MPL Plastics Ltd. (mplindia.in) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 3.8% vs previous month

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as MPL Plastics Ltd. (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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Related news about Mpl Plastics Ltd.

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Frequently Asked Questions about MPL Plastics Ltd.

MPL Plastics Ltd. was founded in 1972.

MPL Plastics Ltd. is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.

Madhup B Vaghani is the CEO of MPL Plastics Ltd., as recorded in our data.

MPL Plastics Ltd. has 1 employees.

The primary company behind MPL Plastics Ltd., Mpl Plastics Limited, reported revenue of β‚Ή39 Lakh for FY 2026, up 9997% year on year.

MPL Plastics Ltd. is involved in the production of plastic products for consumer use. Operations are based in India with manufacturing units located in Pune and Silvassa. The company is certified with ISO 9001:2000 for quality management systems. Focus is placed on maintaining high standards in the organized plastic industry sector.

MPL Plastics Ltd.'s top competitors include SolarSquare, Oorjan and ZunRoof.

MPL Plastics Ltd. offers Plastic Products.

Yes, MPL Plastics Ltd. is publicly traded on BSE under the ticker symbol MPL.

MPL Plastics Ltd. is associated with 2 legal entities: Mpl Plastics Limited, Adroit Business Solutions (India) Llp.

The legal entities of MPL Plastics Ltd. currently have 8 directors, including Manisha Ajay Vaghani, Ajaykumar Dineshkumar Vaghani, Madhup Bansilal Vaghani and others.

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