About Garg Polyplast Private Limited
Data last updated:
Garg Polyplast Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 05 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25209PB1999PTC022428. Its GSTIN is 03AABCG3695D1ZW (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70.6 Lakh. It is led by directors including Sanjay Gupta and Sharan Garg.
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 48/2 Mahavir Jain Colony Jamalpur Awana, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.45 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹6.03 Lakh (net margin 0.4%) and EBITDA of ₹63.44 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹2.39 Cr and satisfied charges of ₹5.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gargpolyplast.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address48/2 Mahavir Jain Colony Jamalpur Awana, Ludhiana, Punjab, India – 141007
- IndustryPackaging, Industrial Packaging Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Garg Polyplast Private Limited
The main business activity of Garg Polyplast 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Garg Polyplast Private Limited FY 2025 filings available
Garg Polyplast Private Limited reported revenue of ₹14.45 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garg Polyplast Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 19% growth in the latest year. EBITDA fell 6% 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 Garg Polyplast Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹63.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.03 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 of Garg Polyplast Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Garg Polyplast are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Garg Polyplast Private Limited
Garg Polyplast Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Narsim Bags Private Limited | ₹14.59 Cr (FY 2022) | •••• | •••• | 24.0% | •••• | Pithampur, Madhya Pradesh, India |
| Astha Packaging Private Limited | ₹14.54 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Stark Packmate Private Limited | ₹14.54 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| V3 Polyplast Private Limited | ₹14.54 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Megatrend Fabcon Private Limited | ₹14.5 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Garg Polyplast Private Limited this company | ₹14.45 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ludhiana, Punjab, India |
| Baramati Industries Private Limited | ₹14.37 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Baramati, Maharashtra, India |
| Rose Plastic India Private Limited | ₹14.35 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Satara, Maharashtra, India |
| Bubble Pacage Private Limited | ₹14.31 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| Suman Polymers Private Limited | ₹14.3 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Kanpur, Uttar Pradesh, India |
| Ruha Tek Pack Private Limited | ₹14.23 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Garg Polyplast by revenue in the Packaging industry (Industrial Packaging), 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 Garg Polyplast Private Limited
Garg Polyplast Private Limited is audited by RAKESH GOEL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH GOEL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Garg Polyplast Private Limited
Garg Polyplast has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Gupta | Director | 01 Jul 2000 | 26 Years 3 Months | Current |
| Sharan Garg | Director | 01 Jan 2011 | 15 Years 9 Months | Current |
| Hari Garg | Director | 07 Mar 2015 | 11 Years 7 Months | Current |
Ownership and Shareholding of Garg Polyplast Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garg Polyplast Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2025 | Hdfc Bank Limited | ₹10.51 Lakh | Open |
| 01 Dec 2022 | Hdfc Bank Limited | ₹1.77 Cr | Open |
| 27 Apr 2021 | Others | ₹41.32 Lakh | Open |
| 17 Feb 2020 | Canara Bank | ₹9.75 Lakh | Open |
| 09 Nov 2021 | Canara Bank | ₹12.5 Lakh | Satisfied |
Total charge records: 17 View all charges
Legal Cases of Garg Polyplast Private Limited
Garg Polyplast Private Limited has 1 court case on record: 1 filed by Garg Polyplast. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Garg Polyplast Private Limited
Employment history and EPFO contributions of people linked to Garg Polyplast.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Garg Polyplast Private Limited
Garg Polyplast Private Limited has 9 board changes on record since 2000: 3 appointments and 6 cessations. The latest: Prem Lata ceased to be Director on 16 Aug 2021.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garg Polyplast Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Garg Polyplast Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garg Polyplast Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Garg Polyplast Private Limited
Garg Polyplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCG3695D1ZW | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garg Polyplast Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Garg Polyplast Private Limited
Garg Polyplast is an active private limited company based in Ludhiana, Punjab, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 05 April 1999 (27+ years old) and is registered under CIN U25209PB1999PTC022428.
Garg Polyplast reported revenue of ₹14.45 Cr for FY 2025 (up 19% YoY).
Garg Polyplast has 3 current directors:
- Sanjay Gupta - Director
- Sharan Garg - Director
- Hari Garg - Director
Garg Polyplast reported a net profit of ₹6.03 Lakh (net margin 0.4%) and EBITDA of ₹63.44 Lakh (EBITDA margin 4.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garg Polyplast is 14% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garg Polyplast is 03AABCG3695D1ZW, registered in Punjab.
The CIN (Corporate Identification Number) of Garg Polyplast is U25209PB1999PTC022428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Polyplast has 1 court case on record: 1 filed by the company.
Garg Polyplast was incorporated on 05 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Garg Polyplast by revenue are Narsim Bags Private Limited, Astha Packaging Private Limited, Stark Packmate Private Limited, V3 Polyplast Private Limited, Megatrend Fabcon Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Prem Lata ceased to be Director on 16 Aug 2021. Sharan Garg ceased to be Additional Director on 30 Sep 2019. Hari Garg ceased to be Additional Director on 30 Sep 2015. Garg Polyplast has 9 board changes on record in total.