Desai Plastics Private Limited
About Desai Plastics Private Limited
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Desai Plastics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 12 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2004PTC145619. Its GSTIN is 27AACCD5692E1ZL (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Neelam Sandeep Mhatre and Sandip Pramod Mhatre.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O M/S Desai Platic Pvt Plot No 50 A Sur No 104 A1 Vasai, Mumbai, Maharashtra, India – 401201.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.51 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹13.71 Lakh (net margin 36.5%) and EBITDA of ₹36.89 Lakh (EBITDA margin 98.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
As per MCA filings, the company has satisfied charges of ₹1.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Desai Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O M/S Desai Platic Pvt Plot No 50 A Sur No 104 A1 Vasai, Mumbai, Maharashtra, India – 401201
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Desai Plastics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Desai Plastics 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 Desai Plastics Private Limited, buy the company report.
Financials of Desai Plastics Private Limited
FY 2025 filings availableDesai Plastics Private Limited reported revenue of ₹37.51 Lakh (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 11% fall in the latest year. EBITDA fell 8% 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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| EBITDA | ₹36.89 Lakh | ||||
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| Net Profit (PAT) | ₹13.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 98.3% | ||||
| Net Profit Margin | 36.5% | ||||
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To see the full financial statements and ratios of Desai Plastics Private Limited, buy the company report.
Board of directors of Desai Plastics Private Limited
Desai Plastics has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Sandeep Mhatre | Director | 01 Feb 2020 | 6 Years 8 Months | Current |
| Sandip Pramod Mhatre | Director | 01 Feb 2020 | 6 Years 8 Months | Current |
| Hardik Nitin Mhatre | Director | 26 Nov 2022 | 3 Years 11 Months | Current |
| Sayali Hardik Mhatre | Director | 26 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Desai Plastics Private Limited is audited by BIPIN RAJADHYAKSHYA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIPIN RAJADHYAKSHYA & ASSOCIATES | FY 2019 | 113482W |
Shareholding
The shareholding of Desai Plastics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Desai Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2010 | 10231833 | Bassein Catholic Co-Operative Bank Limited | ₹35.25 Lakh | Satisfied | |
| 01 Jul 2010 | 10231832 | Bassein Catholic Co-Operative Bank Limited | ₹73.3 Lakh | Satisfied |
To see the full charge records of Desai Plastics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Desai Plastics 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 Desai Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Desai Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD5692E1ZL | Maharashtra | Active | 30 Sep 2020 |
To see the full GST registrations and return filing status of Desai Plastics Private Limited, buy the company report.
Recent activity
Desai Plastics Private Limited has 11 board changes on record since 2020: 4 appointments and 7 cessations. The latest: Hardik Nitin Mhatre ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Desai Plastics is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 12 April 2004 (22+ years old) and is registered under CIN U25200MH2004PTC145619.
Desai Plastics has 4 current directors:
- Neelam Sandeep Mhatre - Director
- Sandip Pramod Mhatre - Director
- Hardik Nitin Mhatre - Director
- Sayali Hardik Mhatre - Director
The latest financial statements of Desai Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Desai Plastics is 27AACCD5692E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Desai Plastics is U25200MH2004PTC145619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desai Plastics was incorporated on 12 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Hardik Nitin Mhatre ceased to be Additional Director on 29 Sep 2023. Sayali Hardik Mhatre ceased to be Additional Director on 29 Sep 2023. Hardik Nitin Mhatre was appointed as Director on 26 Nov 2022. Desai Plastics has 11 board changes on record in total.
The registered office of Desai Plastics is at CO MS Desai Platic Pvt Plot No 50 A Sur No 104 A1 Vasai, Mumbai, Maharashtra, India – 401201.
Desai Plastics operates in the manufacturing industry, in the rubber-based products segment.
Desai Plastics has no open charges and satisfied charges of ₹1.09 Cr as per latest MCA filings.