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Brothers Plast Tech Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.66 Cr
▲ 357% YoY
Net profit · FY 2024
₹7.47 Cr
Net margin 15.3%
EBITDA · FY 2024
₹13.66 Cr
EBITDA margin 28.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹17.63 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
35
Provident fund records
About Brothers Plast Tech Private Limited
Data last updated:
Brothers Plast Tech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 21 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2020PTC114855. Its GSTIN is 24AAJCB1250F1Z6 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Ashok Bhai Maganbhai Patel and Kirankumar Baldevbhai Patel.
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 923 Matrubhumi Industrial Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.47 Cr (net margin 15.3%) and EBITDA of ₹13.66 Cr (EBITDA margin 28.1%).
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.63 Cr on record.
Brothers Plast Tech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0100194). For more details, the company can be reached via its website brothersplasttech.net.
Company details
CIN U25209GJ2020PTC114855
Registration Number 114855
Incorporation Date 21 July 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0100194
Key People
Ashok Bhai Maganbhai Patel Director Kirankumar Baldevbhai Patel Director Kamleshbhai Maganbhai Patel Director Recognitions & Rankings of Brothers Plast Tech
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0100194
Contact details
Brothers Plast Tech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is brothersplasttech.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – A/1 Block/Survey No. 923 Matrubhumi Industrial Park – 3 Part – 2 K, Ubadthal, Ahmedabad, Gujarat, India – 382430
- IndustryManufacturing, Fittings & Components, Pipe & Tubes
To see the full contact details of Brothers Plast Tech Private Limited, buy the company report.
Comprehensive company report
Brothers Plast Tech 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 Brothers Plast Tech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Brothers Plast Tech Private Limited, buy the company report.
Financials of Brothers Plast Tech Private Limited
FY 2025 filings availableBrothers Plast Tech Private Limited reported revenue of ₹48.66 Cr (up 357% YoY) for FY 2024.
Revenue · FY 2024
₹48.66 Cr ▲ 357%
Net profit · FY 2024
₹7.47 Cr margin 15.3%
EBITDA · FY 2024
₹13.66 Cr margin 28.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 357%
EBITDA CAGR growth
1 year
▲ 408%
Revenue rose 357% in the latest year. EBITDA rose 408% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹13.66 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.47 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 28.1% | |||
| Net Profit Margin | 15.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Brothers Plast Tech Private Limited, buy the company report.
Board of directors of Brothers Plast Tech Private Limited
Brothers Plast Tech has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Bhai Maganbhai Patel | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Kirankumar Baldevbhai Patel | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Kamleshbhai Maganbhai Patel | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Sanjaykumar Amrutlal Patel | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Maheshkumar Natvarlal Patel | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Nikunjkumar Jayantilal Patel | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Brothers Plast Tech Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Torfenster Systems (India) Private Limited | ₹49.32 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Adventec Polymers Private Limited | ₹49.29 Cr (FY 2018) | 3.0% | Kolkata, West Bengal, India | |||
| Gurukripa Manufacturing Private Limited | ₹48.9 Cr (FY 2025) | 1.0% | Varanasi, Uttar Pradesh, India | |||
| Hallmark Aquaequipment Private Limited | ₹48.69 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Brothers Plast Tech Private Limitedthis company | ₹48.66 Cr (FY 2024) | ₹7.47 Cr | 15.3% | 357.0% | 35 | Ahmedabad, Gujarat, India |
| Sree Sai Mitra Drip Industries Private Limited | ₹48.57 Cr (FY 2025) | 12.0% | Chikkaballapur, Karnataka, India | |||
| Ajit Glafa India Private Limited | ₹48.31 Cr (FY 2025) | 48.0% | Tumkur, Karnataka, India | |||
| Muthu Pipes Private Limited | ₹48.29 Cr (FY 2025) | -18.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Brothers Plast Tech Private Limited, buy the company report.
Auditor
Brothers Plast Tech Private Limited is audited by K H P & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K H P & ASSOCIATES | FY 2023 | 134107W |
Shareholding
The shareholding of Brothers Plast Tech Private Limited is on record for 3 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 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Brothers Plast Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2025 | 101196257 | Sidbi | ₹2 Cr | Open | |
| 27 Mar 2025 | 101082610 | Sidbi | ₹1 Cr | Open | |
| 06 Mar 2024 | 100895000 | Axis Bank Limited | ₹90 Lakh | Open | |
| 06 Mar 2024 | 100895006 | Axis Bank Limited | ₹90 Lakh | Open | |
| 05 Mar 2024 | 100902173 | Others | ₹94.45 Lakh | Open |
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Brothers Plast Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Brothers Plast Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Brothers Plast Tech Private Limited has a workforce of 35 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-2.78%
GST
Brothers Plast Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCB1250F1Z6 | Gujarat | Active | 24 Apr 2021 |
To see the full GST registrations and return filing status of Brothers Plast Tech Private Limited, buy the company report.
Recent activity
Brothers Plast Tech Private Limited has 6 board changes on record since 2020: 6 appointments. The latest: Ashok Bhai Maganbhai Patel was appointed as Director on 09 Nov 2020.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101196257 was registered on 21 Nov 2025.
AGM
Brothers Plast Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Brothers Plast Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 101082610 was registered on 27 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100895000 was registered on 06 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100895006 was registered on 06 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.94 Cr with Charge ID 100902173 was registered on 05 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.94 Cr with Charge ID 100902303 was registered on 05 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.94 Cr with Charge ID 100902991 was registered on 05 Mar 2024.
Charges
A charge with Sidbi amounted to Rs. 10.00 Cr with Charge ID 100546821 was registered on 09 Mar 2022.
Appointed
Ashok Bhai Maganbhai Patel was appointed as Director.
Appointed
Kamleshbhai Maganbhai Patel was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Brothers Plast Tech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 21 July 2020 (6+ years old) and is registered under CIN U25209GJ2020PTC114855.
Brothers Plast Tech has 6 current directors:
- Ashok Bhai Maganbhai Patel - Director
- Kirankumar Baldevbhai Patel - Director
- Kamleshbhai Maganbhai Patel - Director
- Sanjaykumar Amrutlal Patel - Director
- Maheshkumar Natvarlal Patel - Director
- Nikunjkumar Jayantilal Patel - Director
The latest financial statements of Brothers Plast Tech 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 FY 2021 are in the company report.
The GSTIN of Brothers Plast Tech is 24AAJCB1250F1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Brothers Plast Tech is U25209GJ2020PTC114855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brothers Plast Tech was incorporated on 21 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Brothers Plast Tech by revenue are Torfenster Systems (India) Private Limited, Adventec Polymers Private Limited, Gurukripa Manufacturing Private Limited, Hallmark Aquaequipment Private Limited, Sree Sai Mitra Drip Industries Private Limited and 2 more, all in the Manufacturing industry (Fittings, Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ashok Bhai Maganbhai Patel was appointed as Director on 09 Nov 2020. Kamleshbhai Maganbhai Patel was appointed as Director on 09 Nov 2020. Kirankumar Baldevbhai Patel was appointed as Director on 09 Nov 2020. Brothers Plast Tech has 6 board changes on record in total.
Yes, Brothers Plast Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Brothers Plast Tech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0100194).
Brothers Plast Tech can be reached through the website brothersplasttech.net. Its registered office is in Ahmedabad, Gujarat, India.
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