MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0032754
Galaxy Thermoplast Private Limited - manufacturing in Mira Road, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.5 Cr
▲ 59% YoY
Net profit · FY 2023
₹5.19 Lakh
Net margin 0.8%
EBITDA · FY 2023
₹41.07 Lakh
EBITDA margin 6.3%
Authorised capital
₹8 Lakh
Registered with MCA
Paid-up capital
₹7.32 Lakh
Issued & subscribed
Satisfied charges
₹3.76 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Galaxy Thermoplast Private Limited
Data last updated:
Galaxy Thermoplast Private Limited is a private limited company based in Mira Road, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 10 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25206MH2005PTC150526. Its GSTIN is 27AACCG2775P1Z1 (Maharashtra).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹7.32 Lakh. It is led by directors Maitrik Anupam Mugatwala and Anupam Pravinchandra Mugatwala.
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 Plot No 29A Mira Co – Operative Industrial Estate Off Western Express Highway, Mira Road, Maharashtra, India – 401104.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.5 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹5.19 Lakh (net margin 0.8%) and EBITDA of ₹41.07 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company is associated with 1 brand: Galaxy Thermoplast. As per MCA filings, the company has satisfied charges of ₹3.76 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Galaxy Thermoplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0032754). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gtpl-ptfelining.com.
Company details
CIN U25206MH2005PTC150526
Registration Number 150526
Incorporation Date 10 January 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0032754
Recognitions & Rankings of Galaxy Thermoplast
Contact details
Galaxy Thermoplast Private Limited's registered office is in Mira Road, Maharashtra. Its website is gtpl-ptfelining.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 29A Mira Co – Operative Industrial Estate Off Western Express Highway, Mira Road, Maharashtra, India – 401104
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Galaxy Thermoplast Private Limited, buy the company report.
Comprehensive company report
Galaxy Thermoplast 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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Secure checkout · GST invoice included
Brands
Galaxy Thermoplast operates one associated brand: Galaxy Thermoplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PTFE, FEP, and PFA lined products for industrial applications. | gtpl-ptfelining.com |
Business activity
The main business activity of Galaxy Thermoplast is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Galaxy Thermoplast Private Limited, buy the company report.
Financials of Galaxy Thermoplast Private Limited
FY 2025 filings availableGalaxy Thermoplast Private Limited reported revenue of ₹6.5 Cr (up 59% YoY) for FY 2023.
Revenue · FY 2023
₹6.5 Cr ▲ 59%
Net profit · FY 2023
₹5.19 Lakh margin 0.8%
EBITDA · FY 2023
₹41.07 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 14%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 1%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 59% growth in the latest year. EBITDA rose 35% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹41.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.19 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Galaxy Thermoplast Private Limited, buy the company report.
Board of directors of Galaxy Thermoplast Private Limited
Galaxy Thermoplast has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maitrik Anupam Mugatwala | Director | 20 Nov 2008 | 17 Years 11 Months | Current |
| Anupam Pravinchandra Mugatwala | Director | 10 Jan 2005 | 21 Years 9 Months | Current |
Auditor
Galaxy Thermoplast Private Limited is audited by B K MAJITHIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K MAJITHIA | FY 2023 | 043484 |
Shareholding
The shareholding of Galaxy Thermoplast Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galaxy Thermoplast Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2021 | 100485130 | Others | ₹1 Cr | Satisfied | |
| 01 Jul 2016 | 100042396 | Others | ₹2 Cr | Satisfied | |
| 10 Dec 2014 | 10535348 | Hdfc Bank Limited | ₹60 Lakh | Satisfied | |
| 22 Jun 2006 | 10009519 | Bank of Maharashtra | ₹5.6 Lakh | Satisfied | |
| 08 Dec 2005 | 80067131 | Bank of Maharashtra | ₹10 Lakh | Satisfied |
To see the full charge records of Galaxy Thermoplast Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Galaxy Thermoplast Private Limited has 2 court cases on record: 1 filed by Galaxy Thermoplast, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Galaxy Thermoplast 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Galaxy Thermoplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Thermoplast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG2775P1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Galaxy Thermoplast Private Limited, buy the company report.
Recent activity
Galaxy Thermoplast Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Nisha Ketan Sanghrajka ceased to be Director on 01 Sep 2011.
AGM
Galaxy Thermoplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Galaxy Thermoplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 09 Sep 2021 via Charge ID 100485130 with Others was fully satisfied on 12 Jul 2023.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100485130 was registered on 09 Sep 2021.
Charges
A charge registered on 01 Jul 2016 via Charge ID 100042396 with Others was fully satisfied on 09 Sep 2020.
Charges
A charge registered on 10 Dec 2014 via Charge ID 10535348 with Hdfc Bank Limited was fully satisfied on 13 Sep 2017.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100042396 was registered on 01 Jul 2016.
Charges
A charge with Hdfc Bank Limited of Rs. 60.00 Lakh registered on 10 Dec 2014 with Charge ID 10535348 was modified on 03 Oct 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 10535348 was registered on 10 Dec 2014.
Charges
A charge registered on 22 Jun 2006 via Charge ID 10009519 with Bank Of Maharashtra was fully satisfied on 21 Dec 2013.
Charges
A charge registered on 08 Dec 2005 via Charge ID 80067131 with Bank Of Maharashtra was fully satisfied on 21 Dec 2013.
Ceased
Nisha Ketan Sanghrajka ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Galaxy Thermoplast is an active private limited company based in Mira Road, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 10 January 2005 (21+ years old) and is registered under CIN U25206MH2005PTC150526.
Galaxy Thermoplast has 2 current directors:
- Maitrik Anupam Mugatwala - Director
- Anupam Pravinchandra Mugatwala - Director
The latest financial statements of Galaxy Thermoplast 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 2015 are in the company report.
The GSTIN of Galaxy Thermoplast is 27AACCG2775P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Galaxy Thermoplast is U25206MH2005PTC150526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Thermoplast has 2 court cases on record: 1 filed by the company and 1 filed against it.
Galaxy Thermoplast was incorporated on 10 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Nisha Ketan Sanghrajka ceased to be Director on 01 Sep 2011. Raksha Anupam Mugatwala ceased to be Director on 01 Sep 2011. Ketan Jayantilal Sanghrajka ceased to be Director on 01 Jan 2009. Galaxy Thermoplast has 5 board changes on record in total.
Yes, Galaxy Thermoplast is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0032754).
Galaxy Thermoplast can be reached through the website gtpl-ptfelining.com. Its registered office is in Mira Road, Maharashtra, India.