G M Polyplast Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L25200MH2003PLC143299 Incorporated 27 November 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 543239 Public Limited Company manufacturing
Data last updated
Market Cap
₹87.49 Cr
GMPL · BSE
Share Price
₹63.00
-3.08% today
Revenue
₹103 Cr
FY 2025-26 · +7.1% YoY
EBITDA
₹12.67 Cr
Margin 12.3%
Net Profit
₹8.26 Cr
FY 2025-26 · +10.9% YoY
P/E (TTM)
10.6x
P/B 1.8x
ROE
19.1%
ROCE 25.4%
Debt / Equity
0.03
Interest cover 2.8x

About G M Polyplast Limited

Data last updated:

G M Polyplast Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 27 November 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25200MH2003PLC143299. Its GSTIN is 26AACCG0610R1ZL (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 543239.

The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹13.46 Cr. It was formerly known as G M Polyplast Private Limited. It is led by directors including Dinesh Balbeer Sharma (Managing Director) and Sarita Dinesh Sharma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 66 New Empire Industrial Estate Kondivita Road Andheri East, Mumbai, Maharashtra, India – 400059.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹102.99 Cr, a growth of 7.1% compared to the previous year. For the same year it recorded a net profit of ₹8.26 Cr (net margin 8%) and EBITDA of ₹12.67 Cr (EBITDA margin 12.3%). The net worth stands at ₹47.47 Cr (up 21.1% YoY). Total assets are valued at ₹49.58 Cr (up 22.4% YoY).

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: GM Polyplast. As per MCA filings, the company has open charges of ₹15.11 Cr and satisfied charges of ₹13.23 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company. The company has 33 deals on record (32 market trades, 1 ipo); the latest was in June 2026. Its 7 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 3 smaller; the largest is MTL New Initiatives Private Limited with revenue of ₹98.28 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 91 overdue payments to 21 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 gmpolyplast.com.

Company details

CIN L25200MH2003PLC143299
Registration Number 143299
Incorporation Date 27 November 2003
ROC Mumbai
Listing Status Listed - Listed on BSE (543239)
Company Status Active
Date of Last AGM 23 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

G M Polyplast has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25200MH2003PLC143299, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25200MH2003PLC143299Current
U25200MH2003PTC143299Previous
U25200MH2003PLC143299Previous

Contact details

G M Polyplast Limited's registered office is in Mumbai, Maharashtra. Its website is gmpolyplast.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A – 66 New Empire Industrial Estate Kondivita Road Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of G M Polyplast Limited, buy the company report.

Comprehensive company report
G M Polyplast 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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Brands

G M Polyplast operates one associated brand: GM Polyplast. Each brand links to its own profile.

BrandDescriptionWebsite
Sheets and granules are manufactured and supplied by GM Polyplast.gmpolyplast.com

Business activity

The main business activity of G M Polyplast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of G M Polyplast Limited, buy the company report.

Financials of G M Polyplast Limited

FY 2025-26 filings available

G M Polyplast Limited reported revenue of ₹102.99 Cr (up 7.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹103 Cr
+7.1% YoY
EBITDA
₹12.67 Cr
+8.2% YoY
Profit After Tax
₹8.26 Cr
+10.9% YoY
Net Worth
₹47.47 Cr
+21.1% YoY
Total Assets
₹49.58 Cr
+22.4% YoY
Total Debt
₹1.68 Cr
+90.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10396.1692.0282.2673.8752.1463.15
Revenue growth+7.1%+4.5%+11.9%+11.4%+41.7%-17.4%-
EBITDA12.6711.7111.367.926.055.543.66
EBITDA margin+12.3%+12.2%+12.4%+9.6%+8.2%+10.6%+5.8%
Profit before tax11.1310.009.886.485.514.772.93
Net profit8.267.457.084.924.213.592.33
Net profit margin+8.0%+7.8%+7.7%+6.0%+5.7%+6.9%+3.7%
EPS (₹)6.145.535.273.6621.8118.25229.31
Balance sheet
Total assets49.5840.5133.3027.6321.3018.3910.62
Net worth47.4739.2031.7625.3420.4216.427.97
Total debt1.680.881.191.960.881.962.65
Cash & bank5.671.032.320.941.341.982.72
Net working capital37.7532.2925.8920.3813.7714.016.13
Cash flow
Cash from operations9.510.274.87(0.46)5.41(4.30)2.61
Cash from investing(5.51)(0.84)(1.83)(0.72)(4.31)(0.21)(0.66)
Cash from financing0.64(0.73)(1.83)0.78(1.74)3.77(0.62)
ParticularsSep 2024Jun 2024Sep 2023Jun 2023Mar 2021Dec 2020Mar 2020
Revenue21.3021.5725.0218.3219.2913.9215.99
Revenue growth (YoY)-14.9%+17.7%--+20.6%--
Other income0.050.010.110.04(0.02)0.100.02
Total expenses17.1820.0220.3115.8717.6812.2415.21
EBITDA4.121.554.712.451.611.680.78
EBITDA margin+19.3%+7.2%+18.8%+13.4%+8.3%+12.1%+4.9%
Depreciation0.290.300.290.280.140.150.20
Interest0.140.070.110.070.110.130.05
Profit before tax3.741.194.422.141.341.500.55
Tax0.940.360.630.860.430.350.16

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsSep 2024Jun 2024Sep 2023Jun 2023Mar 2021Dec 2020Mar 2020
Revenue21.3021.5725.0218.3219.2913.9215.99
Revenue growth (YoY)-14.9%+17.7%--+20.6%--
Other income0.050.010.110.04(0.02)0.100.02
Total expenses17.1820.0220.3115.8717.6812.2415.21
EBITDA4.121.554.712.451.611.680.78
EBITDA margin+19.3%+7.2%+18.8%+13.4%+8.3%+12.1%+4.9%
Depreciation0.290.300.290.280.140.150.20
Interest0.140.070.110.070.110.130.05
Profit before tax3.741.194.422.141.341.500.55
Tax0.940.360.630.860.430.350.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10396.1692.0282.2673.8752.1463.15
Revenue growth+7.1%+4.5%+11.9%+11.4%+41.7%-17.4%-
Other income0.150.080.180.090.880.230.28
Total expenses90.3284.4580.6674.3467.8246.6059.49
Employee cost3.803.303.021.951.681.211.46
EBITDA12.6711.7111.367.926.055.543.66
EBITDA margin+12.3%+12.2%+12.4%+9.6%+8.2%+10.6%+5.8%
Depreciation1.371.261.291.220.960.580.78
Interest0.320.530.370.310.460.420.23
Profit before tax11.1310.009.886.485.514.772.93
Tax2.872.552.781.561.291.250.63
Net profit8.267.457.084.924.213.592.33
Net profit margin+8.0%+7.8%+7.7%+6.0%+5.7%+6.9%+3.7%
EPS (₹)6.145.535.273.6621.8118.25229.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.4613.4613.4613.461.921.920.10
Reserves & surplus34.0125.7418.3011.8818.5014.507.87
Shareholders' funds (net worth)47.4739.2031.7625.3420.4216.427.97
Secured loans0.860.570.811.790.881.962.65
Unsecured loans0.820.310.380.170.000.000.00
Total debt1.680.881.191.960.881.962.65
Total liabilities49.5840.5133.3027.6321.3018.3910.62
Assets
Gross block18.4513.5812.7411.0910.356.306.27
Net block9.155.666.085.485.962.562.96
Capital work in progress0.000.000.000.000.000.000.00
Investments0.010.000.000.000.000.000.00
Inventories10.1613.759.3610.017.953.923.71
Sundry debtors25.3721.1218.9515.4117.1013.6512.47
Cash & bank balances5.671.032.320.941.341.982.72
Loans & advances6.384.503.403.255.423.821.86
Total current assets47.5840.4034.0329.6131.8123.3720.76
Total current liabilities9.838.118.149.2318.049.3614.63
Net working capital37.7532.2925.8920.3813.7714.016.13
Total assets49.5840.5133.3027.6321.3018.3910.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.032.321.101.341.982.721.39
Net cash from operating activities9.510.274.87(0.46)5.41(4.30)2.61
Net cash from investing activities(5.51)(0.84)(1.83)(0.72)(4.31)(0.21)(0.66)
Net cash from financing activities0.64(0.73)(1.83)0.78(1.74)3.77(0.62)
Net change in cash4.65(1.29)1.22(0.41)(0.64)(0.74)1.33
Closing cash5.671.032.320.941.341.982.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.1%+4.5%+11.9%+11.4%+41.7%-17.4%-
EBITDA growth+8.2%+3.1%+43.4%+30.9%+9.2%+51.4%-
PBT growth+11.3%+1.2%+52.5%+17.6%+15.5%+62.8%+52.6%
Net income growth+10.9%+5.2%+43.9%+16.9%+17.3%+54.1%-
Revenue CAGR (3Y)+7.8%+9.2%+20.9%+9.2%+2.7%-2.0%+12.2%
EBITDA CAGR (3Y)+17.0%+24.6%+27.0%+29.3%+31.7%+40.2%+33.5%
Profitability & leverage
Net income margin+8.0%+7.8%+7.7%+6.0%+5.7%+6.8%+3.6%
Return on capital employed+25.4%+28.5%+33.6%+27.8%+29.9%+35.7%+32.6%
Return on net worth+19.1%+21.0%+24.8%+21.5%+22.8%+28.8%+33.6%
Debt / equity0.030.030.060.060.080.190.42
Long-term debt / equity0.020.020.020.010.030.050.09
Interest cover2.835.073.674.639.048.477.99
Efficiency & per share
Fixed asset turnover6.437.317.727.678.878.3010.60
Inventory turnover8.618.329.509.1612.4513.6715.29
Debtors turnover4.434.805.365.064.803.994.83
EPS (₹)6.145.535.273.6621.8118.25229.31
Dividend per share (₹)0.000.000.000.001.001.000.00
Book value per share (₹)35.2729.1223.5918.83106.2185.41797.21

To see the full year-wise statements and ratios of G M Polyplast Limited, buy the company report.

Board of directors of G M Polyplast Limited

G M Polyplast has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh Balbeer SharmaManaging Director27 Nov 200322 Years 11 MonthsCurrent
Balbir Singh Bholuram SharmaDirector27 Feb 20206 Years 8 MonthsCurrent
Subramanian Ramaswamy VaidyaDirector03 Sep 20206 Years 1 MonthsCurrent
Sarita Dinesh SharmaWhole-Time Director27 Nov 200322 Years 11 MonthsCurrent
Suhas Maruti RaneDirector27 Aug 20224 Years 2 MonthsCurrent
Anjali Vikas SapkalDirector30 May 20233 Years 4 MonthsCurrent

Peer comparison

G M Polyplast Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
G M Polyplast Limitedthis company₹102.99 Cr (FY 2026)₹8.26 Cr8%7.1%69Mumbai, Maharashtra, India
MTL New Initiatives Private Limited₹98.28 Cr (FY 2023)38.0%Bangalore, Karnataka, India
Topsack Exports Private Limited₹97.88 Cr (FY 2025)-26.0%Devanahalli, Karnataka, India
National Plastic Industries Limited₹97.57 Cr (FY 2025)-2.0%Mumbai, Maharashtra, India
M M Polymers Private Limited₹97.21 Cr (FY 2025)31.0%Abhanpur, Chhattisgarh, India
Mutual Industries Limited₹95.9 Cr (FY 2025)-26.0%Mumbai, Maharashtra, India
Apu Packaging India Private Limited₹95.87 Cr (FY 2025)28.0%New Delhi, Delhi, India
Mangalam Plastic Components Private Limited₹95.3 Cr (FY 2025)76.0%Vasai, Maharashtra, India

To see the full peer comparison of G M Polyplast Limited, buy the company report.

Auditor

G M Polyplast Limited is audited by Anay Gogte & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Anay Gogte & CoFY 2023100398 W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 73.50%, foreign institutional investors hold 1.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.20%.

Promoters: 73.50%FII (Foreign Institutional): 1.30%Retail & Others: 25.20%
Sep 2026
QUARTER
73.50% Promoters
1.30% FII (Foreign Institutional)
25.20% Retail & Others
Promoter holding - history
Now 73.50% · Sep 2026High 73.50% · Dec 2025Low 73.50% · Dec 2025
72%72.8%73.5%74.3%75%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 73.50%Mar 2026: 73.50%Jun 2026: 73.50%Sep 2026: 73.50%73.50%73.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters73.50%73.50%73.50%73.50%
Public26.50%26.50%26.50%26.50%

Charges & borrowings

Open charges
₹15.11 Cr
Satisfied charges
₹13.23 Cr
Breakdown by lending institutions
Others₹14.95 Cr
Hdfc Bank Limited₹0.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2022100591166Others₹14.95 CrOpen
01 Dec 2020100420015Hdfc Bank Limited₹16 LakhOpen
28 Jan 2021100412923Hdfc Bank Limited₹4.99 CrSatisfied
16 Mar 2018100178325Yes Bank Limited₹4.99 CrSatisfied
30 Apr 201510572065The Saraswat Co-Operative Bank Ltd₹1 CrSatisfied

To see the full charge records of G M Polyplast Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

G M Polyplast Limited has 33 deals on record (32 market trades, 1 ipo); the latest was in June 2026.

Total deals
33
Market trades
32
IPO
1

Deals on record (5 of 33)

WhenDealAmountParties
Jun 2026Market trade₹1.99 CrBuyer: Vincent Commercial Company Limited, Gretex Share Broking Limited
Seller: Gretex Share Broking Limited
Sep 2025Market trade₹60 LakhBuyer: Indian Infotech and Software Limited
Mar 2025Market trade₹90 LakhBuyer: Madhghne Advisory Private Limited
Dec 2024Market trade₹1.39 CrBuyer: Giriraj Stock Broking Private Limited
Seller: Gretex Share Broking Limited
Nov 2024Market trade₹1.57 CrBuyer: Laxmi Trading And Investments
Seller: Credent Global Finance Limited

To see the full deal history of G M Polyplast Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

G M Polyplast Limited was last rated by Crisil on 02 Feb 2019.

Rating agencyRated onRating
Crisil02 Feb 2019

To see the full credit ratings and regulatory alerts of G M Polyplast Limited, buy the company report.

MSME payment delays

G M Polyplast Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 91 overdue payments to 21 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 21)

SupplierAmount dueDue sinceReported on
Rajiv Plastics Private Limited
Rajiv Plastic Industries
an individual supplier
Kevi Chem Colour Private Limited
Akshay Plastics

To see the full MSME payment records of G M Polyplast Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

G M Polyplast Limited has a workforce of 69 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
1.47%

GST

G M Polyplast has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
26AACCG0610R1ZLDadra and Nagar Haveli and Daman and DiuActive01 Jul 2017

To see the full GST registrations and return filing status of G M Polyplast Limited, buy the company report.

Recent activity

G M Polyplast Limited has 8 board changes on record since 2003: 7 appointments and 1 cessation. The latest: Anjali Vikas Sapkal was appointed as Director on 30 May 2023.

Filing
G M Polyplast Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
G M Polyplast Limited last Annual general meeting of members was held on 23 Aug 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 14.95 Cr registered on 29 Jun 2022 with Charge ID 100591166 was modified on 03 Oct 2023.
Appointed
Anjali Vikas Sapkal was appointed as Director.
Ceased
Dinesh Ravjibhai Rathod ceased to be Director.
Appointed
Suhas Maruti Rane was appointed as Director.
Charges
A charge with Others amounted to Rs. 14.95 Cr with Charge ID 100591166 was registered on 29 Jun 2022.
Charges
A charge registered on 28 Jan 2021 via Charge ID 100412923 with Hdfc Bank Limited was fully satisfied on 29 Mar 2022.
Charges
A charge registered on 16 Mar 2018 via Charge ID 100178325 with Yes Bank Limited was fully satisfied on 15 Nov 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 4.99 Cr registered on 28 Jan 2021 with Charge ID 100412923 was modified on 23 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.99 Cr with Charge ID 100412923 was registered on 28 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100420015 was registered on 01 Dec 2020.

15 earlier events are in the company report.

Frequently asked questions

G M Polyplast is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 27 November 2003 (23+ years old) and is registered under CIN L25200MH2003PLC143299. Listed on BSE: 543239.

G M Polyplast reported revenue of ₹102.99 Cr for FY 2025-26 (up 7.1% YoY) based on standalone financials.

G M Polyplast has 6 current directors:

The latest financial statements of G M Polyplast on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of G M Polyplast is 26AACCG0610R1ZL, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of G M Polyplast is L25200MH2003PLC143299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. G M Polyplast is a listed company as per MCA records. Its shares are listed on BSE (code: 543239).

G M Polyplast has 5 court cases on record: 5 filed by the company.

G M Polyplast was incorporated on 27 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

G M Polyplast has 33 deals on record (32 market trades, 1 ipo); the latest was in June 2026.

The peers of G M Polyplast by revenue are MTL New Initiatives Private Limited, Topsack Exports Private Limited, National Plastic Industries Limited, M M Polymers Private Limited, Mutual Industries Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Anjali Vikas Sapkal was appointed as Director on 30 May 2023. Dinesh Ravjibhai Rathod ceased to be Director on 27 Aug 2022. Suhas Maruti Rane was appointed as Director on 27 Aug 2022. G M Polyplast has 8 board changes on record in total.