- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0001284

About Gurudev Plastics Private Limited
Data last updated:
Gurudev Plastics Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 26 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1990PTC011244. Its GSTIN is 29AAACG6721D1ZU (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Bantwal Mohan Baliga (Managing Director) and Roopa Baliga Bantwal.
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 Houseofgurudevbuilding Gfloorlalbagh, Mangalore, Karnataka, India – 575003.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.12 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹15.4 Lakh (net margin 0.3%) and EBITDA of ₹2.66 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹18.66 Cr and satisfied charges of ₹29.11 Cr on record.
Gurudev Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0001284). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gurudevplastics.com.
Company details
CIN history
Gurudev Plastics has one previous CIN (Corporate Identification Number): U01900KA1990PTC011244. The current CIN is U25209KA1990PTC011244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209KA1990PTC011244 | Current |
| U01900KA1990PTC011244 | Previous |
Recognitions & Rankings of Gurudev Plastics
Contact details
Gurudev Plastics Private Limited's registered office is in Mangalore, Karnataka. Its website is gurudevplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouseofgurudevbuilding Gfloorlalbagh, Mangalore, Karnataka, India – 575003
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Gurudev Plastics Private Limited, 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 Gurudev Plastics 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 Gurudev Plastics Private Limited, buy the company report.
Financials of Gurudev Plastics Private Limited
FY 2025 filings availableGurudev Plastics Private Limited reported revenue of ₹58.12 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 18% growth in the latest year. EBITDA fell 2% 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 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 | ₹58.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.4 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Gurudev Plastics Private Limited, buy the company report.
Board of directors of Gurudev Plastics Private Limited
Gurudev Plastics has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bantwal Mohan Baliga Also directs: Gee Dee Resorts Limited | Managing Director | 06 Aug 1996 | 30 Years 2 Months | Current |
| Roopa Baliga Bantwal | Director | 06 Aug 1996 | 30 Years 2 Months | Current |
| Bantwal Rajesh Baliga | Director | 10 May 2011 | 15 Years 5 Months | Current |
| Roshan Baliga Bantwal Also directs: Gee Dee Resorts Limited, B Damodar Sadashiva Baliga Investments Private Limited, Gee Dee Advertising Private Limited and 1 more | Director | 04 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Gurudev Plastics Private 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gurudev Plastics Private Limitedthis company | ₹58.12 Cr (FY 2025) | ₹15.4 Lakh | 0.3% | 18.0% | Mangalore, Karnataka, India | |
| Innoweave Packaging Solutions Private Limited | ₹50.27 Cr (FY 2025) | 15.0% | Indore, Madhya Pradesh, India | |||
| Haripack Extrusions (Vidarbha) Private Limited | ₹50.2 Cr (FY 2025) | 21.0% | Nagpur, Maharashtra, India | |||
| Moldwell Products India Private Limited | ₹49.56 Cr (FY 2023) | 35.0% | Coimbatore, Tamil Nadu, India | |||
| Uniko Plast Private Limited | ₹49.19 Cr (FY 2025) | 16.0% | Gwalior, Madhya Pradesh, India | |||
| Joyful Plastics Private Limited | ₹49.18 Cr (FY 2024) | -18.0% | Mumbai, Maharashtra, India | |||
| Atharva Poly-Plast Limited | ₹49.06 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Shriram Filaments and Ropes Private Limited | ₹48.95 Cr (FY 2025) | -13.0% | Barshi, Maharashtra, India |
To see the full peer comparison of Gurudev Plastics Private Limited, buy the company report.
Auditor
Gurudev Plastics Private Limited is audited by M VENKATAKRISHNA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M VENKATAKRISHNA | FY 2023 | 029848 |
Shareholding
The shareholding of Gurudev Plastics 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 Gurudev Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101155603 | Others | ₹25 Lakh | Open | |
| 07 Mar 2025 | 101079092 | Others | ₹15.27 Cr | Open | |
| 25 Feb 2025 | 101057548 | Axis Bank Limited | ₹3.14 Cr | Open | |
| 19 Sep 2024 | 100980267 | Others | ₹50 Lakh | Satisfied | |
| 24 Jun 2019 | 100269906 | Hdfc Bank Limited | ₹3.45 Cr | Satisfied |
To see the full charge records of Gurudev Plastics Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
No court or tribunal cases involving Gurudev Plastics Private Limited 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
Gurudev Plastics Private Limited has 19 MSME Form 1 returns on record between 2020 and 2023, listing 1,071 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gurudev Plastopack India Private Limited | |||
| Lab Chem Solutions | |||
| Paragon Poly Films Private Limited | |||
| Techno Print Chemicals Private Limited |
To see the full MSME payment records of Gurudev Plastics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Gurudev Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG6721D1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gurudev Plastics Private Limited, buy the company report.
Recent activity
Gurudev Plastics Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Roshan Baliga Bantwal ceased to be Additional Director on 12 Sep 2013.
36 earlier events are in the company report.
Frequently asked questions
Gurudev Plastics is an active private limited company based in Mangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 26 September 1990 (36+ years old) and is registered under CIN U25209KA1990PTC011244.
Gurudev Plastics has 4 current directors:
- Bantwal Mohan Baliga - Managing Director
- Roopa Baliga Bantwal - Director
- Bantwal Rajesh Baliga - Director
- Roshan Baliga Bantwal - Director
The latest financial statements of Gurudev Plastics 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 Gurudev Plastics is 29AAACG6721D1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Gurudev Plastics is U25209KA1990PTC011244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurudev Plastics was incorporated on 26 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gurudev Plastics by revenue are Innoweave Packaging Solutions Private Limited, Haripack Extrusions (Vidarbha) Private Limited, Moldwell Products India Private Limited, Uniko Plast Private Limited, Joyful Plastics Private 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).
Roshan Baliga Bantwal ceased to be Additional Director on 12 Sep 2013. Roshan Baliga Bantwal was appointed as Director on 04 Apr 2013. Bantwal Rajesh Baliga was appointed as Director on 10 May 2011. Gurudev Plastics has 7 board changes on record in total.
Yes, Gurudev Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0001284).
Gurudev Plastics has 19 MSME Form 1 returns on record between 2020 and 2023, listing 1,071 overdue payments to 14 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Gurudev Plastics can be reached through the website gurudevplastics.com. Its registered office is in Mangalore, Karnataka, India.
The registered office of Gurudev Plastics is at Houseofgurudevbuilding Gfloorlalbagh, Mangalore, Karnataka, India – 575003.

