MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0018577
Bhavi Plast Private Limited - machinery and equipment in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹24.48 Cr
▼ 13% YoY
Net profit · FY 2025
₹2.11 Cr
Net margin 8.6%
EBITDA · FY 2025
₹3.41 Cr
EBITDA margin 13.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Open charges
₹4.93 Cr
Secured borrowings
Company age
49 yrs
Est. 1977
Employees · EPFO
45
Provident fund records
About Bhavi Plast Private Limited
Data last updated:
Bhavi Plast Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 21 January 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25206MH1977PTC019455. Its GSTIN is 27AABCB1710G1Z9 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors Vinaykumar Bhatia Gokuldas and Mohan Madhubhai Bhatia.
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 603 6th Floor Dev Corpora Near Cadbury Junction Khopat Thane (We, St), Maharashtra, India – 400601.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.48 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.11 Cr (net margin 8.6%) and EBITDA of ₹3.41 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 10% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.93 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Bhavi Plast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0018577). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhaviplast.com.
Company details
CIN U25206MH1977PTC019455
Registration Number 019455
Incorporation Date 21 January 1977
ROC Mumbai
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-MH-33-0018577
CIN history
Bhavi Plast has one previous CIN (Corporate Identification Number): U99999MH1977PTC019455. The current CIN is U25206MH1977PTC019455, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25206MH1977PTC019455 | Current |
| U99999MH1977PTC019455 | Previous |
Recognitions & Rankings of Bhavi Plast
Contact details
Bhavi Plast Private Limited's registered office is in Thane, Maharashtra. Its website is bhaviplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address603 6th Floor Dev Corpora Near Cadbury Junction Khopat Thane (We, St), Maharashtra, India – 400601
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Bhavi Plast Private Limited, buy the company report.
Comprehensive company report
Bhavi Plast 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 Bhavi Plast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Bhavi Plast Private Limited, buy the company report.
Financials of Bhavi Plast Private Limited
FY 2025 filings availableBhavi Plast Private Limited reported revenue of ₹24.48 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹24.48 Cr ▼ 13%
Net profit · FY 2025
₹2.11 Cr margin 8.6%
EBITDA · FY 2025
₹3.41 Cr margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 3%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 38%
5 years · compounded
▲ 27%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.11 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Bhavi Plast Private Limited, buy the company report.
Board of directors of Bhavi Plast Private Limited
Bhavi Plast 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 |
|---|---|---|---|---|
| Vinaykumar Bhatia Gokuldas | Director | 02 May 1994 | 32 Years 5 Months | Current |
| Mohan Madhubhai Bhatia Also directs: Shreeji Environmental Engineering Private Limited | Director | 02 May 1994 | 32 Years 5 Months | Current |
Peer comparison
Bhavi Plast Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knott Vortex Private Limited | ₹24.5 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Bhavi Plast Private Limitedthis company | ₹24.48 Cr (FY 2025) | ₹2.11 Cr | 8.6% | -13.0% | 45 | Thane, Maharashtra, India |
| Aravind Engineering Private Limited | ₹24.41 Cr (FY 2024) | 11.0% | Thuvakudi, Tamil Nadu, India | |||
| Toyota Forms India Private Limited | ₹24.32 Cr (FY 2025) | -11.0% | Bavla, Gujarat, India |
To see the full peer comparison of Bhavi Plast Private Limited, buy the company report.
Auditor
Bhavi Plast Private Limited is audited by SURENDRA PARIKH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA PARIKH | FY 2023 | 035906 |
Shareholding
The shareholding of Bhavi Plast 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 category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhavi Plast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.93 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2024 | 101020357 | Others | ₹14 Lakh | Open | |
| 16 Oct 2023 | 100808444 | Others | ₹19 Lakh | Open | |
| 28 Jan 2003 | 90219832 | Idbi Bank Limited | ₹4.6 Cr | Open |
To see the full charge records of Bhavi Plast Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bhavi Plast Private Limited has 3 court cases on record: 2 filed by Bhavi Plast, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Rupee Co-Operative Bank Ltd. and Ors. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Bharat Fertilisers Industries Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Maharashtra State Electricity Board | Disposed |
To see the full case history of Bhavi Plast Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavi Plast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhavi Plast Private Limited has a workforce of 45 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
7.14%
GST
Bhavi Plast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB1710G1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhavi Plast Private Limited, buy the company report.
Recent activity
Bhavi Plast Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Bharati Vinaykumar Bhatia ceased to be Director on 20 Aug 2018.
AGM
Bhavi Plast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhavi Plast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 14.00 Lakh with Charge ID 101020357 was registered on 06 Dec 2024.
Charges
A charge with Others amounted to Rs. 19.00 Lakh with Charge ID 100808444 was registered on 16 Oct 2023.
Charges
A charge with Idbi Bank Limited of Rs. 459.94 Lakh registered on 28 Jan 2003 with Charge ID 90219832 was modified on 30 Jun 2022.
Ceased
Bharati Vinaykumar Bhatia ceased to be Director.
Ceased
Pankaj Krishnakumar Dutia ceased to be Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 459.94 Lakh with Charge ID 90219832 was registered on 28 Jan 2003.
Appointed
Mohan Madhubhai Bhatia was appointed as Director.
Appointed
Vinaykumar Bhatia Gokuldas was appointed as Director.
Incorporation
21 Jan 1977
Bhavi Plast Private Limited was registered on 21 Jan 1977 with Roc Mumbai & aged 49 years 9 months as per MCA records.
Frequently asked questions
Bhavi Plast is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 21 January 1977 (49+ years old) and is registered under CIN U25206MH1977PTC019455.
Bhavi Plast has 2 current directors:
- Vinaykumar Bhatia Gokuldas - Director
- Mohan Madhubhai Bhatia - Director
The latest financial statements of Bhavi Plast 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 Bhavi Plast is 27AABCB1710G1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhavi Plast is U25206MH1977PTC019455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavi Plast has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Bhavi Plast was incorporated on 21 January 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhavi Plast by revenue are Knott Vortex Private Limited, Aravind Engineering Private Limited, Toyota Forms India Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Bharati Vinaykumar Bhatia ceased to be Director on 20 Aug 2018. Pankaj Krishnakumar Dutia ceased to be Director on 15 Jan 2015. Mohan Madhubhai Bhatia was appointed as Director on 02 May 1994. Bhavi Plast has 4 board changes on record in total.
Yes, Bhavi Plast is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0018577).
Bhavi Plast can be reached through the website bhaviplast.com. Its registered office is in Thane, Maharashtra, India.