MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0006790
Bangalore Plastics Private Limited
Bangalore Plastics Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.9 Cr
▼ 15% YoY
Net profit · FY 2023
₹49.48 Lakh
Net margin 4.2%
EBITDA · FY 2023
₹94.76 Lakh
EBITDA margin 8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.02 Lakh
Issued & subscribed
Open charges
₹2.07 Cr
Satisfied ₹2.15 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
39
Provident fund records
About Bangalore Plastics Private Limited
Data last updated:
Bangalore Plastics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 10 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2000PTC028102. Its GSTIN is 29AACCB2198M1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.02 Lakh. It is led by directors Ashish Kanoria and Pranjal Kanoria.
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 Avalahalli Old Madras Road Virgonagar Post Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.9 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹49.48 Lakh (net margin 4.2%) and EBITDA of ₹94.76 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.07 Cr and satisfied charges of ₹2.15 Cr on record.
Bangalore Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0006790). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Bangalore Plastics Private Limited
CIN U25209KA2000PTC028102
Registration Number 028102
Incorporation Date 10 November 2000
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
MSME Classification Small
Udyam Registration UDYAM-KR-02-0006790
Key People
Ashish Kanoria Director Pranjal Kanoria Director Recognitions & Rankings of Bangalore Plastics
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAvalahalli Old Madras Road Virgonagar Post Bangalore, Karnataka, India – 560049
- IndustryManufacturing, Plastic-Based Products
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Business Activity of Bangalore Plastics Private Limited
The main business activity of Bangalore Plastics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Bangalore Plastics Private Limited FY 2025 filings available
Bangalore Plastics Private Limited reported revenue of ₹11.9 Cr (down 15% YoY) for FY 2023.
Revenue · FY 2023
₹11.9 Cr ▼ 15%
Net profit · FY 2023
₹49.48 Lakh margin 4.2%
EBITDA · FY 2023
₹94.76 Lakh margin 8%
Compounded Annual Growth Rate (CAGR) of Bangalore Plastics Private Limited
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 15%
5 years · compounded
▲ 51%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 22% 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 of Bangalore Plastics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.9 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹94.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.48 Lakh | •••• | •••• | •••• | •••• |
| 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 of Bangalore Plastics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bangalore Plastics are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bangalore Plastics Private Limited
Bangalore Plastics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kanoria Also directs: Kanquad Plastics LLP, Kanoria Moulders Private Limited, Kanoria Tools Private Limited and 3 more | Director | 15 Mar 2007 | 19 Years 7 Months | Current |
| Pranjal Kanoria | Director | 05 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of Bangalore Plastics Private Limited
Bangalore Plastics Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maruthi Plastics Udyog Private Limited | ₹11.94 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Tirupati SLG Plastic Private Limited | ₹11.93 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Siliguri, West Bengal, India |
| Penta Extrusions India Private Limited | ₹11.92 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Thiruvallur, Tamil Nadu, India |
| Shree Poly Films Private Limited | ₹11.91 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Aste Enterprises Private Limited | ₹11.9 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
| Bangalore Plastics Private Limited this company | ₹11.9 Cr (FY 2023) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| K.B. Ropes Private Limited | ₹11.88 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Uttar Pradesh, India |
| Garodia Plastcon Private Limited | ₹11.88 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Ranchi, Jharkhand, India |
| Varivar Plast Products Private Limited | ₹11.84 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kanpur, Uttar Pradesh, India |
| Symbio Plast (India) Private Limited | ₹11.83 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Hyderabad, Telangana, India |
| Deep Jyoti Rubber Private Limited | ₹11.8 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Bangalore Plastics by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bangalore Plastics Private Limited
Bangalore Plastics Private Limited is audited by N.C.S. RAGHAVAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.C.S. RAGHAVAN & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Bangalore Plastics Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bangalore Plastics Private Limited
Open charges
₹2.07 Cr
Satisfied charges
₹2.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2021 | Hdfc Bank Limited | ₹2.07 Cr | Open |
| 21 Aug 2013 | Corporation Bank | ₹15 Lakh | Satisfied |
| 27 Apr 2005 | Others | ₹2 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Bangalore Plastics Private Limited
Bangalore Plastics Private Limited has a workforce of 39 employees as of Apr 09, 2024.
Employee count
39
Active EPFO establishments
1
Employee growth
2.63%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bangalore Plastics Private Limited
Bangalore Plastics Private Limited has 6 board changes on record since 2000: 4 appointments and 2 cessations. The latest: Ashok Kumar Vyas ceased to be Director on 05 May 2025.
AGM
Bangalore Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Ashok Kumar Vyas ceased to be Director.
Appointed
Pranjal Kanoria was appointed as Director.
Filing
Bangalore Plastics 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. 207.30 Lakh registered on 12 Aug 2021 with Charge ID 100477564 was modified on 19 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 207.30 Lakh with Charge ID 100477564 was registered on 12 Aug 2021.
Charges
A charge registered on 27 Apr 2005 via Charge ID 80007958 with Others was fully satisfied on 05 Mar 2021.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 27 Apr 2005 with Charge ID 80007958 was modified on 16 Sep 2019.
Charges
A charge registered on 21 Aug 2013 via Charge ID 10448899 with Corporation Bank was fully satisfied on 31 Aug 2016.
Charges
A charge with Corporation Bank amounted to Rs. 15.00 Lakh with Charge ID 10448899 was registered on 21 Aug 2013.
Appointed
Ashish Kanoria was appointed as Director.
Ceased
Siddhartha Kanoria ceased to be Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bangalore Plastics Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Bangalore Plastics Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Bangalore Plastics Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Bangalore Plastics Private Limited
Bangalore Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB2198M1Z7 | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Bangalore Plastics Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Bangalore Plastics Private Limited
Bangalore Plastics is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 10 November 2000 (26+ years old) and is registered under CIN U25209KA2000PTC028102.
Bangalore Plastics reported revenue of ₹11.9 Cr for FY 2023 (down 15% YoY).
Bangalore Plastics has 2 current directors:
- Ashish Kanoria - Director
- Pranjal Kanoria - Director
Bangalore Plastics reported a net profit of ₹49.48 Lakh (net margin 4.2%) and EBITDA of ₹94.76 Lakh (EBITDA margin 8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bangalore Plastics is 1% over three years and 4% over five years. In the latest year (FY 2023) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bangalore Plastics is 29AACCB2198M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Bangalore Plastics is U25209KA2000PTC028102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bangalore Plastics was incorporated on 10 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bangalore Plastics by revenue are Maruthi Plastics Udyog Private Limited, Tirupati SLG Plastic Private Limited, Penta Extrusions India Private Limited, Shree Poly Films Private Limited, Aste Enterprises Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Ashok Kumar Vyas ceased to be Director on 05 May 2025. Pranjal Kanoria was appointed as Director on 05 May 2025. Ashish Kanoria was appointed as Director on 15 Mar 2007. Bangalore Plastics has 6 board changes on record in total.
Yes, Bangalore Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0006790).