About Epp Composites Private Limited
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Epp Composites Private Limited is a private limited company based in Khirasara, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 15 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U22200GJ2004PTC043790. Its GSTIN is 24AABCE2957Q1Z8 (Gujarat). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹2.56 Cr. It was formerly known as Elasto Polymer Processors (Gujarat)Private Limited. It is led by directors Jayraj Sumanbhai Shah (Managing Director) and Devvrat Jayraj Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 2646 Lodhika Industrial Estate Near Laxmi Sper Metoda, Khirasara, Gujarat, India – 360021.
As per the financials filed for FY 2024, the company reported a revenue of ₹352.57 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹36.08 Cr (net margin 10.2%) and EBITDA of ₹59.19 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 616 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹215.39 Cr and satisfied charges of ₹265.81 Cr on record. Court records list 35 cases involving the company, including 6 filed by the company and 29 filed against it; 7 cases are pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.12 Cr; the latest was in February 2024. Its 3 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Prince SWR Systems Private Limited with revenue of ₹356.58 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 248 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eppcomposites.com.
Company details
CIN history
Epp Composites has one previous CIN (Corporate Identification Number): U25209GJ2004PTC043790. The current CIN is U22200GJ2004PTC043790, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22200GJ2004PTC043790 | Current |
| U25209GJ2004PTC043790 | Previous |
Contact details
Epp Composites Private Limited's registered office is in Khirasara, Gujarat.
- Social Media
- Registered AddressPlot No. 2646 Lodhika Industrial Estate Near Laxmi Sper Metoda, Khirasara, Gujarat, India – 360021
- IndustryManufacturing, Pipe & Tubes
- 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 Epp Composites 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 Epp Composites Private Limited, buy the company report.
Financials of Epp Composites Private Limited
FY 2024 filings availableEpp Composites Private Limited reported revenue of ₹352.57 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 27% growth in the latest year. EBITDA rose 47% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹59.19 Cr | ||||
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| Net Profit (PAT) | ₹36.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 10.2% | ||||
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To see the full financial statements and ratios of Epp Composites Private Limited, buy the company report.
Board of directors of Epp Composites Private Limited
Epp Composites has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devvrat Jayraj Shah Also directs: Epp Industries Private Limited, Atika Rubber Mills Pvt Ltd, Rotec Epp Composites Private Limited and 4 more | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Jayraj Sumanbhai Shah Also directs: Epp Industries Private Limited, Atika Rubber Mills Pvt Ltd, Rotec Epp Composites Private Limited and 4 more | Managing Director | 15 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Epp Composites Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Prince SWR Systems Private Limited | ₹356.58 Cr (FY 2019) | -10.0% | Mumbai, Maharashtra, India | |||
| Epp Composites Private Limited this company | ₹352.57 Cr (FY 2024) | ₹36.08 Cr | 10.2% | 27.0% | Khirasara, Gujarat, India | |
| Mangalam Pipes Private Limited | ₹351.55 Cr (FY 2025) | 6.0% | Bangaore, Karnataka, India | |||
| Ajay Industrial Corporation Limited. | ₹346.07 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Epp Composites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2025 | 101166700 | Hdfc Bank Limited | ₹12.44 Lakh | Open | |
| 06 Aug 2025 | 101162018 | Others | ₹50 Cr | Open | |
| 27 Jun 2025 | 101130470 | Others | ₹23 Cr | Open | |
| 24 Jun 2025 | 101114697 | Hdfc Bank Limited | ₹30.84 Lakh | Open | |
| 08 Jul 2024 | 100947405 | Others | ₹80.8 Lakh | Open |
To see the full charge records of Epp Composites Private Limited, buy the company report.
Total charge records: 60 View all charges
Deals & funding
Epp Composites Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.12 Cr; the latest was in February 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Atika Reinforced Plastic Products Private Limited , Atika Rubber Mills Pvt Ltd Seller: Siddharth Sumanbhai Shah HUF, 3 individuals |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Atika Reinforced Plastic Products Private Limited Seller: an individual |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sumanbhai Naginbhai Shah HUF, 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Atika Reinforced Plastic Products Private Limited |
| Jul 2007 | Funding round | ₹1 Cr | Investors: 4 individuals |
To see the full deal history of Epp Composites Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Epp Composites Private Limited has 35 court cases on record: 6 filed by Epp Composites, 29 filed against it. 7 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 25 | 5 |
| High courts | 4 | 4 | 0 |
| NCLAT | 2 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against BGR Energy Systems Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against BGR Energy Systems Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Lanarsy Infra Limited and 6 others | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Kew Fuse Gear Pvt. Ltd. and 4 others | Pending |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against M/S Lanarsy Infra Limited Through Managing Director Padmaja Bayyavarapu Registered Addrrssd and 6 others | Disposed |
To see the full case history of Epp Composites Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Epp Composites Private Limited was last rated by Crisil on 30 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Dec 2020 |
To see the full credit ratings and regulatory alerts of Epp Composites Private Limited, buy the company report.
MSME payment delays
Epp Composites Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 248 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aqsa Polypack Private Limited | |||
| Sagar Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Epp Composites Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Epp Composites has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCE2957Q1Z8 | Gujarat | Active | 01 Jul 2017 |
| 27AABCE2957Q2Z1 | Maharashtra | Active | 14 Jul 2022 |
| 37AABCE2957Q1Z1 | Andhra Pradesh | Active | 01 Dec 2022 |
To see the full GST registrations and return filing status of Epp Composites Private Limited, buy the company report.
Recent activity
Epp Composites Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Raj Siddharth Shah ceased to be Director on 15 Feb 2024.
98 earlier events are in the company report.
Frequently asked questions
Epp Composites is an active private limited company based in Khirasara, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 15 March 2004 (22+ years old) and is registered under CIN U22200GJ2004PTC043790.
Epp Composites has 2 current directors:
- Jayraj Sumanbhai Shah - Managing Director
- Devvrat Jayraj Shah - Director
The latest financial statements of Epp Composites on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Epp Composites is 24AABCE2957Q1Z8, registered in Gujarat. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCE2957Q2Z1 (Maharashtra), 37AABCE2957Q1Z1 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Epp Composites is U22200GJ2004PTC043790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epp Composites has 35 court cases on record: 6 filed by the company and 29 filed against it. 7 are pending. Most are in the district courts.
Epp Composites was incorporated on 15 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Epp Composites has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.12 Cr; the latest was in February 2024.
The peers of Epp Composites by revenue are Prince SWR Systems Private Limited, Mangalam Pipes Private Limited, Ajay Industrial Corporation Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Raj Siddharth Shah ceased to be Director on 15 Feb 2024. Siddharth Sumanbhai Shah ceased to be Whole-Time Director on 15 Feb 2024. Devvrat Jayraj Shah was appointed as Director on 01 Aug 2018. Epp Composites has 5 board changes on record in total.
Epp Composites has 11 MSME Form 1 returns on record between 2019 and 2023, listing 248 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Epp Composites can be reached through the website eppcomposites.com. Its registered office is in Khirasara, Gujarat, India.