MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-32-0001275
Devendran Plastic Private Limited - packaging in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹123.62 Cr
▼ 10% YoY
Net profit · FY 2024
₹1.8 Cr
Net margin 1.5%
EBITDA · FY 2024
₹6.67 Cr
EBITDA margin 5.4%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹14.04 Cr
Issued & subscribed
Open charges
₹53.08 Cr
Satisfied ₹29.7 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
119
Provident fund records
About Devendran Plastic Private Limited
Data last updated:
Devendran Plastic Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 08 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U25202TZ2011PTC016742. Its GSTIN is 33AADCD7367B1ZX (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹14.04 Cr. It was formerly known as Dev Aakash Plast India Private Limited. It is led by directors Rajesh Kumar Rathnamala and Akilesh Kumar Rajesh Kumar.
Its last annual general meeting (AGM) was held on 05 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Deivendran House 4A 5 – 1 Periyasamy Road East R.S.Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2024, the company reported a revenue of ₹123.62 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 1.5%) and EBITDA of ₹6.67 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
The company has about 119 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.08 Cr and satisfied charges of ₹29.7 Cr on record. Court records list 1 case involving the company; 1 case is pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹5.54 Cr; the latest was in June 2022. Its 10 peer companies in the Packaging industry (Films and Foils) are compared by revenue, 5 larger and 5 smaller; the largest is Rahil (CPP) Films Private Limited with revenue of ₹134.2 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 11 overdue payments to 8 micro and small suppliers.
Devendran Plastic Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-32-0001275). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devplast.com.
Company Details of Devendran Plastic Private Limited
CIN U25202TZ2011PTC016742
Registration Number 016742
Incorporation Date 08 February 2011
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-32-0001275
Recognitions & Rankings of Devendran Plastic
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDeivendran House 4A 5 – 1 Periyasamy Road East R.S.Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryPackaging, Packaging Films & Foils
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Business Activity of Devendran Plastic Private Limited
The main business activity of Devendran Plastic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Devendran Plastic Private Limited FY 2024 filings available
Devendran Plastic Private Limited reported revenue of ₹123.62 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹123.62 Cr ▼ 10%
Net profit · FY 2024
₹1.8 Cr margin 1.5%
EBITDA · FY 2024
₹6.67 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR) of Devendran Plastic Private Limited
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 8%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▼ 7%
5 years · compounded
▲ 25%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 86% 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 Devendran Plastic 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 | ₹6.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.8 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 Devendran Plastic Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Devendran Plastic are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Devendran Plastic Private Limited
Devendran Plastic has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Rathnamala | Director | 08 Feb 2011 | 15 Years 8 Months | Current |
| Akilesh Kumar Rajesh Kumar Also directs: Devendran Coal International Private Limited, Apoorva Logistics Private Limited, First Cube Properties LLP and 1 more | Director | 21 Sep 2017 | 9 Years 1 Months | Current |
Peer Comparison of Devendran Plastic Private Limited
Devendran Plastic Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rahil (CPP) Films Private Limited | ₹134.2 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Shapar Veraval, Gujarat, India |
| Siddho Mal Paper Conversion Company Private Limited | ₹134 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Ecoplast Limited Listed | ₹129.25 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Valsad, Gujarat, India |
| Clear Polyplast India Private Limited | ₹128.87 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Super Electro Films Limited | ₹127.71 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Devendran Plastic Private Limited this company | ₹123.62 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Coimbatore, Tamil Nadu, India |
| Bagla Polifilms Limited | ₹121.66 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Avika Polyfilms Private Limited | ₹121.24 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Delhi, India |
| Glorious Mediscience (India) Private Limited | ₹120.91 Cr (FY 2019) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| S. K. Agrotech Industries Limited | ₹120.78 Cr (FY 2025) | •••• | •••• | 327.0% | •••• | Mumbai, Maharashtra, India |
| Aceto Tex-Chem Private Limited | ₹119.86 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Devendran Plastic by revenue in the Packaging industry (Films and Foils), 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 Devendran Plastic Private Limited
Devendran Plastic Private Limited is audited by None for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| None | 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 Devendran Plastic 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 Devendran Plastic Private Limited
Open charges
₹53.08 Cr
Satisfied charges
₹29.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2022 | Tamilnad Mercantile Bank Limited | ₹7 Cr | Open |
| 22 Aug 2019 | Tamilnad Mercantile Bank Limited | ₹82 Lakh | Open |
| 31 Jul 2018 | Tamilnad Mercantile Bank Limited | ₹47 Lakh | Open |
| 09 Nov 2017 | Tamilnad Mercantile Bank Limited | ₹5.43 Cr | Open |
| 27 Oct 2017 | Tamilnad Mercantile Bank Limited | ₹1.36 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Devendran Plastic Private Limited
Devendran Plastic Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹5.54 Cr; the latest was in June 2022.
Total deals
5
Funding rounds
3
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹5.54 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹1 Cr | Investors: Apoorva Logistics Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2015 | Rights issue | ₹8.84 Cr | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹4.5 Cr | Investors: 2 individuals |
| Nov 2011 | Funding round | ₹4 Lakh | Investors: 4 individuals |
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Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Devendran Plastic Private Limited
Devendran Plastic Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 28 Sep 2026.
Total cases
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (Adml.S.) | Company is another party | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Devendran Plastic Private Limited
Devendran Plastic Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 11 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hi- Tech Inks Private Limited | •••• | •••• | •••• |
| Shri Balaji Printographs, SVKS | •••• | •••• | •••• |
| B.M. Insulations Private Limited | •••• | •••• | •••• |
| Hakansson Saws India Private Limited | •••• | •••• | •••• |
| Abbee Packaging | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Devendran Plastic Private Limited
Devendran Plastic Private Limited has a workforce of 119 employees as of Apr 09, 2024.
Employee count
119
Active EPFO establishments
1
Employee growth
-0.83%
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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 Devendran Plastic Private Limited
Devendran Plastic Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Devendran Kalaiselvi ceased to be Director on 10 Sep 2025.
Ceased
Devendran Kalaiselvi ceased to be Director.
AGM
Devendran Plastic Private Limited last Annual general meeting of members was held on 05 Dec 2024 as per latest MCA records.
Charges
A charge registered on 12 Feb 2016 via Charge ID 10626704 with Tamilnad Mercantile Bank Limited was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 30 Dec 2015 via Charge ID 10615479 with Tamilnad Mercantile Bank Limited was fully satisfied on 26 Jun 2024.
Filing
Devendran Plastic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100678103 was registered on 30 Nov 2022.
Charges
A charge registered on 21 Dec 2015 via Charge ID 10615475 with Tamilnad Mercantile Bank Limited was fully satisfied on 27 Sep 2021.
Charges
A charge registered on 24 Sep 2020 via Charge ID 100399216 with Tamilnad Mercantile Bank Limited was fully satisfied on 31 Mar 2021.
Charges
A charge registered on 12 Apr 2012 via Charge ID 10358130 with Indusind Bank Ltd was fully satisfied on 17 Feb 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 38.00 Cr registered on 07 Sep 2015 with Charge ID 10594605 was modified on 28 Oct 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 1.03 Cr with Charge ID 100399216 was registered on 24 Sep 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.82 Cr with Charge ID 100299293 was registered on 22 Aug 2019.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devendran Plastic Private Limited
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Subsidiaries & Group Companies of Devendran Plastic Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Devendran Plastic Private Limited
Devendran Plastic has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCD7367B1ZX | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Devendran Plastic Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Devendran Plastic Private Limited
Devendran Plastic is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 08 February 2011 (15+ years old) and is registered under CIN U25202TZ2011PTC016742.
Devendran Plastic reported revenue of ₹123.62 Cr for FY 2024 (down 10% YoY).
Devendran Plastic has 2 current directors:
- Rajesh Kumar Rathnamala - Director
- Akilesh Kumar Rajesh Kumar - Director
Devendran Plastic reported a net profit of ₹1.8 Cr (net margin 1.5%) and EBITDA of ₹6.67 Cr (EBITDA margin 5.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devendran Plastic is 8% over three years and 11% over five years. In the latest year (FY 2024) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devendran Plastic is 33AADCD7367B1ZX, registered in Tamil Nadu. 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 Devendran Plastic is U25202TZ2011PTC016742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devendran Plastic has 1 court case on record. 1 is pending.
Devendran Plastic was incorporated on 08 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Devendran Plastic has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹5.54 Cr; the latest was in June 2022.
The peers of Devendran Plastic by revenue are Rahil (CPP) Films Private Limited, Siddho Mal Paper Conversion Company Private Limited, Ecoplast Limited, Clear Polyplast India Private Limited, Super Electro Films Limited and 5 more, all in the Packaging industry (Films and Foils).
Devendran Kalaiselvi ceased to be Director on 10 Sep 2025. Akilesh Kumar Rajesh Kumar ceased to be Additional Director on 27 Sep 2017. Akilesh Kumar Rajesh Kumar was appointed as Director on 21 Sep 2017. Devendran Plastic has 7 board changes on record in total.