About Gen-Nxt Plastic Technologies Private Limited
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Gen-Nxt Plastic Technologies Private Limited is a private limited company based in Akole, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 16 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209PN2020PTC191314. Its GSTIN is 24AAICG3399M1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Vinay Patel and Krishan Bhambhu.
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 H. No. 246 Aurangpur, Akole, Maharashtra, India – 422601.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.57 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹68.76 Lakh (net margin -12.3%) and EBITDA of -₹49.44 Lakh (EBITDA margin -8.9%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
For more details, the company can be reached via its website genexttechnologies.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH. No. 246 Aurangpur, Akole, Maharashtra, India – 422601
- IndustryManufacturing, Plastic-Based Products
- 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 Gen-Nxt Plastic Technologies Private Limited
The main business activity of Gen-Nxt Plastic Technologies 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 Gen-Nxt Plastic Technologies Private Limited FY 2025 filings available
Gen-Nxt Plastic Technologies Private Limited reported revenue of ₹5.57 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gen-Nxt Plastic Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 11% growth in the latest year. EBITDA fell 343% 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 Gen-Nxt Plastic Technologies Private Limited
| Metrics | 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 | -₹49.44 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹68.76 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 Gen-Nxt Plastic Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -8.9% | •••• | •••• | •••• |
| Net Profit Margin | -12.3% | •••• | •••• | •••• |
| 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 Gen-Nxt Plastic Technologies are in the company report.
Financial statements from FY 2021
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 Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivji Valji Tarpaulins Private Limited | ₹5.61 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| PPP Industries Private Limited | ₹5.6 Cr (FY 2024) | •••• | •••• | 280.0% | •••• | Bhubaneswar, Odisha, India |
| Shiroo Polymers Private Limited | ₹5.59 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Aora Laminates Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | 2916.0% | •••• | Bishrakh, Uttar Pradesh, India |
| VRG Arihant Plast Private Limited | ₹5.57 Cr (FY 2021) | •••• | •••• | 129.0% | •••• | Mumbai, Maharashtra, India |
| Gen-Nxt Plastic Technologies Private Limited this company | ₹5.57 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Akole, Maharashtra, India |
| S M R Poly Product India Private Limited | ₹5.57 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| Vaasaa Plastics Private Limited | ₹5.56 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Chennai, Tamil Nadu, India |
| Sys Packaging Private Limited | ₹5.55 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
| Srihari Engineering Polymers India Private Limited | ₹5.54 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Agrasar Polypack Private Limited | ₹5.53 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Gen-Nxt Plastic Technologies by revenue in the Manufacturing industry (Plastic Based Products), 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 Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies Private Limited is audited by VIKAS VAIDYA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIKAS VAIDYA & 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 Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Patel | Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Krishan Bhambhu | Director | 14 Dec 2022 | 3 Years 9 Months | Current |
| Bharat Bansal | Director | 26 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Gen-Nxt Plastic Technologies 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 Gen-Nxt Plastic Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2020 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| High Court of Gujarat | Arbitration matter | Filed against the company by Coraplast Industries | Disposed |
Full case history
All 2 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 Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies Private Limited has a workforce of 0 employees as of Apr 05, 2024.
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 Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies Private Limited has 11 board changes on record since 2020: 7 appointments and 4 cessations. The latest: Kumar Satyajeet ceased to be Director on 16 Jan 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gen-Nxt Plastic Technologies 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 Gen-Nxt Plastic Technologies 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
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Subsidiaries & Group Companies of Gen-Nxt Plastic Technologies 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
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GST Compliance of Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG3399M1Z1 | Gujarat | Active | 17 Aug 2020 |
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
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MCA Filings & Documents of Gen-Nxt Plastic Technologies 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 Gen-Nxt Plastic Technologies Private Limited
Gen-Nxt Plastic Technologies is an active private limited company based in Akole, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 16 June 2020 (6+ years old) and is registered under CIN U25209PN2020PTC191314.
Gen-Nxt Plastic Technologies reported revenue of ₹5.57 Cr for FY 2024 (up 11% YoY).
Gen-Nxt Plastic Technologies has 3 current directors:
- Vinay Patel - Director
- Krishan Bhambhu - Director
- Bharat Bansal - Director
Gen-Nxt Plastic Technologies reported a net loss of ₹68.76 Lakh (net margin -12.3%) and EBITDA of -₹49.44 Lakh (EBITDA margin -8.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gen-Nxt Plastic Technologies is 51% over three years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gen-Nxt Plastic Technologies is 24AAICG3399M1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Gen-Nxt Plastic Technologies is U25209PN2020PTC191314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gen-Nxt Plastic Technologies has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
Gen-Nxt Plastic Technologies was incorporated on 16 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Gen-Nxt Plastic Technologies by revenue are Shivji Valji Tarpaulins Private Limited, PPP Industries Private Limited, Shiroo Polymers Private Limited, Aora Laminates Private Limited, VRG Arihant Plast Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Kumar Satyajeet ceased to be Director on 16 Jan 2025. Bharat Bansal was appointed as Director on 26 Aug 2024. Vinay Patel was appointed as Director on 05 Jan 2024. Gen-Nxt Plastic Technologies has 11 board changes on record in total.