About Borana Plastic Limited
Data last updated:
Borana Plastic Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 12 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1988PLC046988. Its GSTIN is 27AAACB3552D1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹87.01 Lakh. It is led by directors including Kajal Manish Borana and Manish Babulal Borana.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.14 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 26.8%) and EBITDA of ₹3.78 Cr (EBITDA margin 61.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹29.62 Cr and satisfied charges of ₹9.09 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website boranagroup.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressP 46 3104 Kohinoor Square B Nc Kelkar Marg, Opp Shiv Sena Bhavan Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryTrading, Other Wholesale, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Borana Plastic Limited
The main business activity of Borana Plastic is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Borana Plastic Limited FY 2025 filings available
Borana Plastic Limited reported revenue of ₹6.14 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Borana Plastic Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 22% growth in the latest year. EBITDA rose 26% 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 Borana Plastic Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.64 Cr | •••• | •••• | •••• | •••• |
| 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 Borana Plastic Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 26.8% | •••• | •••• | •••• | •••• |
| 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 Borana Plastic are in the company report.
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.
Peer Comparison of Borana Plastic Limited
Borana Plastic Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dexune Marketing Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Chandigarh, India |
| Artee Viniyoga Limited | ₹6.15 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Krusheeratnanx Organic Farmers Producer Company Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | 320.0% | •••• | Nashik, Maharashtra, India |
| Vax Enterprise Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | -81.0% | •••• | Ahmedabad, Gujarat, India |
| Pratap Infracreations Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Jaipur, Rajasthan, India |
| Borana Plastic Limited this company | ₹6.14 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Ueir Organic Foods Private Limited | ₹6.14 Cr (FY 2024) | •••• | •••• | 110.0% | •••• | Erode, Tamil Nadu, India |
| Centair Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| DNR Infra Developers Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Lucknow, Uttar Pradesh, India |
| Bttco Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Guwahati, Assam, India |
| Saboo Packaging Pvt Ltd | ₹6.14 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Borana Plastic by revenue in the same principal business activity (Wholesale Trading), 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 Borana Plastic Limited
Borana Plastic Limited is audited by A S D T & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S D T & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Borana Plastic Limited
Borana Plastic has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kajal Manish Borana | Director | 04 Nov 2004 | 21 Years 11 Months | Current |
| Manish Babulal Borana | Director | 23 Feb 1999 | 27 Years 7 Months | Current |
| Purab Manish Borana | Additional Director | 31 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Borana Plastic Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Borana Plastic Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2021 | Others | ₹62 Lakh | Open |
| 10 Dec 2012 | State Bank of India | ₹29 Cr | Open |
| 26 Aug 2022 | Standard Chartered Bank | ₹4 Cr | Satisfied |
| 02 Jan 2016 | Hdfc Bank Limited | ₹8.84 Lakh | Satisfied |
| 08 Dec 2003 | Corporation Bank | ₹5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Borana Plastic Limited
Borana Plastic Limited has 13 court cases on record: 11 filed by Borana Plastic, 2 filed against it. 1 case is pending and 12 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 6 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by Prayag Polytech Private Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against Shagoon Packaging Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against SPL Techno Chem Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Pending |
| Bombay High Court | Company petition | Filed by the company against Shagoon Packging Pvt. Limited | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Borana Plastic Limited
Employment history and EPFO contributions of people linked to Borana Plastic.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Borana Plastic Limited
Borana Plastic Limited has 6 board changes on record since 1999: 4 appointments and 2 cessations. The latest: Purab Manish Borana was appointed as Additional Director on 31 Oct 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Borana Plastic Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Borana Plastic Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Borana Plastic Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Borana Plastic Limited
Borana Plastic has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB3552D1Z4 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Borana Plastic Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Borana Plastic Limited
Borana Plastic is an active public limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 12 April 1988 (38+ years old) and is registered under CIN U25200MH1988PLC046988.
Borana Plastic reported revenue of ₹6.14 Cr for FY 2025 (up 22% YoY).
Borana Plastic has 3 current directors:
- Kajal Manish Borana - Director
- Manish Babulal Borana - Director
- Purab Manish Borana - Additional Director
Borana Plastic reported a net profit of ₹1.64 Cr (net margin 26.8%) and EBITDA of ₹3.78 Cr (EBITDA margin 61.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Borana Plastic is 1% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Borana Plastic is 27AAACB3552D1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Borana Plastic is U25200MH1988PLC046988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borana Plastic has 13 court cases on record: 11 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Borana Plastic was incorporated on 12 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Borana Plastic by revenue are Dexune Marketing Private Limited, Artee Viniyoga Limited, Krusheeratnanx Organic Farmers Producer Company Limited, Vax Enterprise Private Limited, Pratap Infracreations Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Purab Manish Borana was appointed as Additional Director on 31 Oct 2025. Ratan Devi Babulal Borana ceased to be Director on 31 Oct 2025. Baboolal Chandanmal Borana ceased to be Managing Director on 26 Feb 2007. Borana Plastic has 6 board changes on record in total.