Gulf Plastics Industries Pvt Ltd
About Gulf Plastics Industries Pvt Ltd
Data last updated:
Gulf Plastics Industries Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 13 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1981PTC025421. Its GSTIN is 27AAACG1508L1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.91 Lakh. It is led by directors Pushpa Dinesh Rachh and Jaimin Dinesh Rachh.
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 Flat No.606 6th Floor 'A' Wing Zenith Gundecha Hights P.K. Road Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.21 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹12.46 Lakh (net margin 1.2%) and EBITDA of ₹46.09 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.18 Cr and satisfied charges of ₹16.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gulf Plastics Industries Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.606 6th Floor 'A' Wing Zenith Gundecha Hights P.K. Road Mulund (W), Mumbai, Maharashtra, India – 400080
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Gulf Plastics Industries Pvt Ltd, buy the company report.
- 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 Gulf Plastics Industries 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 Gulf Plastics Industries Pvt Ltd, buy the company report.
Financials of Gulf Plastics Industries Pvt Ltd
FY 2025 filings availableGulf Plastics Industries Pvt Ltd reported revenue of ₹10.21 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹46.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.46 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Gulf Plastics Industries Pvt Ltd, buy the company report.
Board of directors of Gulf Plastics Industries Pvt Ltd
Gulf Plastics Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Dinesh Rachh | Director | 03 Feb 2007 | 19 Years 8 Months | Current |
| Jaimin Dinesh Rachh | Director | 03 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Gulf Plastics Industries Pvt Ltd is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flucon Components Private Limited | ₹10.35 Cr (FY 2025) | -27.0% | Thane, Maharashtra, India | |||
| Synpack Flexibles Private Limited | ₹10.35 Cr (FY 2024) | -8.0% | Bangalore, Karnataka, India | |||
| Patni Precision Products Private Limited | ₹10.31 Cr (FY 2025) | 74.0% | Vasai, Maharashtra, India | |||
| Supra Pack Pvt Ltd | ₹10.24 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Gulf Plastics Industries Pvt Ltdthis company | ₹10.21 Cr (FY 2024) | ₹12.46 Lakh | 1.2% | -9.0% | Mumbai, Maharashtra, India | |
| Hero Agro-Plast Private Limited | ₹10.15 Cr (FY 2025) | -22.0% | Kalawad Road Rajkot, Gujarat, India | |||
| Yag Plast Private Limited | ₹10.15 Cr (FY 2025) | 4.0% | Baddi, Himachal Pradesh, India | |||
| Intact Packaging Private Limited | ₹10.15 Cr (FY 2024) | 27.0% | Navi Mumbai, Maharashtra, India | |||
| Adh Polymers Pvt Ltd | ₹10.09 Cr (FY 2025) | 13.0% | Derabassi, Punjab, India | |||
| Vincent Polyplast Private Limited | ₹10.07 Cr (FY 2025) | 42.0% | Vapi, Gujarat, India |
To see the full peer comparison of Gulf Plastics Industries Pvt Ltd, buy the company report.
Auditor
Gulf Plastics Industries Pvt Ltd is audited by R D KHONA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D KHONA | FY 2023 | 013665 |
Shareholding
The shareholding of Gulf Plastics Industries Pvt Ltd 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 Gulf Plastics Industries Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Oct 2020 | 100378726 | Others | ₹1.8 Cr | Open | |
| 31 May 2018 | 100182244 | Sidbi | ₹38.5 Lakh | Open | |
| 24 Feb 2012 | 10340944 | Small Industries Development Bank of India | ₹16 Lakh | Satisfied | |
| 01 Sep 1986 | 90188235 | Dena Bank | ₹60,000 | Satisfied |
To see the full charge records of Gulf Plastics Industries Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Gulf Plastics Industries Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Gulf Plastics Industries Pvt Ltd has 2 MSME Form 1 returns on record between 2017 and 2019, listing 6 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mundra Packaging Industries | |||
| Spectrumstab India Private Limited | |||
| Narandas Engineering Works Private Limited | |||
| KK Packaging |
To see the full MSME payment records of Gulf Plastics Industries Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Gulf Plastics Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1508L1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gulf Plastics Industries Pvt Ltd, buy the company report.
Recent activity
Gulf Plastics Industries Pvt Ltd has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Dinesh Damji Rachh ceased to be Director on 03 Mar 2017.
3 earlier events are in the company report.
Frequently asked questions
Gulf Plastics Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 13 October 1981 (45+ years old) and is registered under CIN U25209MH1981PTC025421.
Gulf Plastics Industries has 2 current directors:
- Pushpa Dinesh Rachh - Director
- Jaimin Dinesh Rachh - Director
The latest financial statements of Gulf Plastics Industries 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 Gulf Plastics Industries is 27AAACG1508L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gulf Plastics Industries is U25209MH1981PTC025421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gulf Plastics Industries was incorporated on 13 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gulf Plastics Industries by revenue are Flucon Components Private Limited, Synpack Flexibles Private Limited, Patni Precision Products Private Limited, Supra Pack Pvt Ltd, Hero Agro-Plast Private Limited and 4 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).
Dinesh Damji Rachh ceased to be Director on 03 Mar 2017. Bharat Damji Rachh ceased to be Director on 03 Feb 2007. Jaimin Dinesh Rachh was appointed as Director on 03 Feb 2007. Gulf Plastics Industries has 4 board changes on record in total.
Gulf Plastics Industries has 2 MSME Form 1 returns on record between 2017 and 2019, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
The registered office of Gulf Plastics Industries is at Flat No.606 6th Floor A Wing Zenith Gundecha Hights P.K. Road Mulund W, Mumbai, Maharashtra, India – 400080.
Gulf Plastics Industries operates in the manufacturing industry, in the plastic-based products segment.
Gulf Plastics Industries has open charges of ₹2.18 Cr and satisfied charges of ₹16.6 Lakh as per latest MCA filings.