MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-15-0008156
Bhulaxmi Plastics Private Limited
Bhulaxmi Plastics Private Limited - manufacturing in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.4 Lakh
▲ 65% YoY
Net profit · FY 2024
₹47,756
Net margin 0.8%
EBITDA · FY 2024
₹3.14 Lakh
EBITDA margin 5.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Satisfied charges
₹2.66 Cr
No open charges
Company age
11 yrs
Est. 2015
Directors on board
8
As per MCA filings
About Bhulaxmi Plastics Private Limited
Data last updated:
Bhulaxmi Plastics Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 20 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51101PN2015PTC156944. Its GSTIN is 27AAGCB5858A1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Bhulaxmi Trading Private Limited. It is led by directors including Neminath Bhupal Upadhye and Abhijit Prakash Kole.
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 1672 Kavee – Nera Jain Basti Nandani In Shirol, Kolhapur, Maharashtra, India – 416102.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.4 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹47,756 (net margin 0.8%) and EBITDA of ₹3.14 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
As per MCA filings, the company has satisfied charges of ₹2.66 Cr on record.
Bhulaxmi Plastics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0008156). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Bhulaxmi Plastics Private Limited
CIN U51101PN2015PTC156944
Registration Number 156944
Incorporation Date 20 October 2015
ROC Pune
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 Micro
Udyam Registration UDYAM-MH-15-0008156
Key People
Neminath Bhupal Upadhye Director Abhijit Prakash Kole Director Manisha Dipak Patil Director Recognitions & Rankings of Bhulaxmi Plastics
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address1672 Kavee – Nera Jain Basti Nandani In Shirol, Kolhapur, Maharashtra, India – 416102
- IndustryManufacturing, Plastic-Based Products
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Business Activity of Bhulaxmi Plastics Private Limited
The main business activity of Bhulaxmi Plastics is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Bhulaxmi Plastics Private Limited FY 2025 filings available
Bhulaxmi Plastics Private Limited reported revenue of ₹57.4 Lakh (up 65% YoY) for FY 2024.
Revenue · FY 2024
₹57.4 Lakh ▲ 65%
Net profit · FY 2024
₹47,756 margin 0.8%
EBITDA · FY 2024
₹3.14 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR) of Bhulaxmi Plastics Private Limited
Revenue CAGR growth
1 year
▲ 65%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 225%
5 years · compounded
▼ 25%
Revenue rose 65% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 225% 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 Bhulaxmi Plastics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47,756 | •••• | •••• | •••• | •••• |
| 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 Bhulaxmi Plastics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Bhulaxmi Plastics are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
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Board of Directors of Bhulaxmi Plastics Private Limited
Bhulaxmi Plastics has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neminath Bhupal Upadhye | Director | 13 Jan 2024 | 2 Years 9 Months | Current |
| Abhijit Prakash Kole Also directs: Parshvi Plastics Private Limited | Director | 13 Jan 2024 | 2 Years 9 Months | Current |
| Manisha Dipak Patil | Director | 13 Jan 2024 | 2 Years 9 Months | Current |
| Kiran Laxman Ambi | Director | 20 Oct 2015 | 11 Years 0 Months | Current |
| Sharad Dhondiram Tawdare | Director | 20 Oct 2015 | 11 Years 0 Months | Current |
| Pradip Shridhar Khanjire | Director | 20 Oct 2015 | 11 Years 0 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer Comparison of Bhulaxmi Plastics Private Limited
Bhulaxmi 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 |
|---|---|---|---|---|---|---|
| Vizamo Plast India Private Limited | ₹58 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| JPW Homeware Creations Private Limited | ₹57.73 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Siddhidies Molds Private Limited | ₹57.49 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Yogeshwar Plaspax Private Limited | ₹57.46 Lakh (FY 2016) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Wilson Plastics Private Limited | ₹57.44 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Bhulaxmi Plastics Private Limited this company | ₹57.4 Lakh (FY 2024) | •••• | •••• | 65.0% | •••• | Kolhapur, Maharashtra, India |
| Jain Profile Extrusion Private Limited | ₹57.3 Lakh (FY 2024) | •••• | •••• | 110.0% | •••• | Navi Mumbai, Maharashtra, India |
| Shital Polymats Private Limited | ₹57.12 Lakh (FY 2025) | •••• | •••• | •••• | Sangli, Maharashtra, India | |
| Supremo Tubes Private Limited | ₹56.73 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Indore, Madhya Pradesh, India |
| Vmulch Agroplast Private Limited | ₹56.49 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Veerachi International Private Limited | ₹56.39 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Bhulaxmi 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 Bhulaxmi Plastics Private Limited
Bhulaxmi Plastics Private Limited is audited by A D SHEDBALE AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A D SHEDBALE AND 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 Bhulaxmi Plastics Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Bhulaxmi Plastics Private Limited
Open charges
None
Satisfied charges
₹2.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2017 | Others | ₹2.66 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bhulaxmi Plastics Private Limited
Employment history and EPFO contributions of people linked to Bhulaxmi Plastics.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Bhulaxmi Plastics Private Limited
Bhulaxmi Plastics Private Limited has 13 board changes on record since 2015: 9 appointments and 4 cessations. The latest: Shankar Ramgonda Biradar ceased to be Director on 08 May 2025.
AGM
Bhulaxmi Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shankar Ramgonda Biradar ceased to be Director.
Filing
Bhulaxmi Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Abhijit Prakash Kole ceased to be Additional Director.
Ceased
Manisha Dipak Patil ceased to be Additional Director.
Ceased
Neminath Bhupal Upadhye ceased to be Additional Director.
Appointed
Abhijit Prakash Kole was appointed as Director.
Appointed
Manisha Dipak Patil was appointed as Director.
Appointed
Neminath Bhupal Upadhye was appointed as Director.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100089818 with Others was fully satisfied on 30 Apr 2022.
Charges
A charge with Others amounted to Rs. 266.00 Lakh with Charge ID 100089818 was registered on 30 Mar 2017.
Appointed
Kiran Laxman Ambi was appointed as Director.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bhulaxmi Plastics Private Limited
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MSME Payment Delays by Bhulaxmi Plastics Private Limited
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Subsidiaries & Group Companies of Bhulaxmi Plastics Private Limited
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GST Compliance of Bhulaxmi Plastics Private Limited
Bhulaxmi Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB5858A1ZR | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Bhulaxmi Plastics Private Limited
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Frequently Asked Questions about Bhulaxmi Plastics Private Limited
Bhulaxmi Plastics is an active private limited company based in Kolhapur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 20 October 2015 (11+ years old) and is registered under CIN U51101PN2015PTC156944.
Bhulaxmi Plastics reported revenue of ₹57.4 Lakh for FY 2024 (up 65% YoY).
Bhulaxmi Plastics has 8 current directors:
- Neminath Bhupal Upadhye - Director
- Abhijit Prakash Kole - Director
- Manisha Dipak Patil - Director
- Kiran Laxman Ambi - Director
- Sharad Dhondiram Tawdare - Director
- Pradip Shridhar Khanjire - Director
- Sanjaykumar Annasaheb Quane - Director
- Shital Vidhydhar Upadhye - Director
Bhulaxmi Plastics reported a net profit of ₹47,756 (net margin 0.8%) and EBITDA of ₹3.14 Lakh (EBITDA margin 5.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhulaxmi Plastics is -9% over five years. In the latest year (FY 2024) revenue rose 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhulaxmi Plastics is 27AAGCB5858A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhulaxmi Plastics is U51101PN2015PTC156944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhulaxmi Plastics was incorporated on 20 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Bhulaxmi Plastics by revenue are Vizamo Plast India Private Limited, JPW Homeware Creations Private Limited, Siddhidies Molds Private Limited, Yogeshwar Plaspax Private Limited, Wilson Plastics Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Shankar Ramgonda Biradar ceased to be Director on 08 May 2025. Abhijit Prakash Kole ceased to be Additional Director on 29 Sep 2024. Manisha Dipak Patil ceased to be Additional Director on 29 Sep 2024. Bhulaxmi Plastics has 13 board changes on record in total.
Yes, Bhulaxmi Plastics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-15-0008156).