
About HCP Plastene Bulkpack Limited
Data last updated:
HCP Plastene Bulkpack Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 11 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25200GJ1984PLC050560. Its GSTIN is 24AABCG1282C2Z6 (Gujarat). The company holds 6 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526717.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹10.67 Cr. It was formerly known as Gopala Polyplast Ltd. It is led by directors including Prakash Hiralal Parekh (Managing Director) and Aman Prakash Parekh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at H.B. Jirawala House Navbharat Soc Nr. Panchshil Bus Stand Usmanpura, Ahmedabad, Gujarat, India – 380013.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹587.51 Cr, a growth of 26.8% compared to the previous year. For the same year it recorded a net profit of ₹23.33 Cr (net margin 4%) and EBITDA of ₹55.92 Cr (EBITDA margin 9.5%). The net worth stands at ₹81.97 Cr (up 37.6% YoY). Total assets are valued at ₹358.42 Cr (up 31.3% YoY).
The company has about 136 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹135 Cr and satisfied charges of ₹346.41 Cr on record. Court records list 130 cases involving the company, including 39 filed by the company and 91 filed against it; 36 cases are pending. The company has 130 deals on record (129 market trades, 1 rights issue); the latest was in January 2024. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Shankar Packagings Limited with revenue of ₹528.05 Cr. The company has 8 MSME Form 1 returns on record between 2021 and 2024, listing 114 overdue payments to 34 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hpbl.in.
Company details
CIN history
HCP Plastene Bulkpack has one previous CIN (Corporate Identification Number): L25200MH1984PLC033118. The current CIN is L25200GJ1984PLC050560, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25200GJ1984PLC050560 | Current |
| L25200MH1984PLC033118 | Previous |
Contact details
HCP Plastene Bulkpack Limited's registered office is in Ahmedabad, Gujarat. Its website is hpbl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.B. Jirawala House Navbharat Soc Nr. Panchshil Bus Stand Usmanpura, Ahmedabad, Gujarat, India – 380013
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of HCP Plastene Bulkpack 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 activities of HCP Plastene Bulkpack are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of HCP Plastene Bulkpack Limited, buy the company report.
Financials of HCP Plastene Bulkpack Limited
FY 2025-26 filings availableHCP Plastene Bulkpack Limited reported revenue of ₹587.51 Cr (up 26.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 588 | 463 | 295 | 352 | 112 | 15.87 |
| Revenue growth | +26.8% | +57.3% | -16.2% | +213.3% | +607.0% | - |
| EBITDA | 55.92 | 35.40 | 16.68 | 17.69 | 5.64 | (26.54) |
| EBITDA margin | +9.5% | +7.6% | +5.7% | +5.0% | +5.0% | -167.2% |
| Profit before tax | 39.80 | 17.98 | 0.20 | 1.17 | (3.14) | 43.53 |
| Net profit | 23.33 | 9.48 | (1.33) | (2.10) | (2.97) | 10.78 |
| Net profit margin | +4.0% | +2.1% | -0.5% | -0.6% | -2.7% | +67.9% |
| EPS (₹) | 21.60 | 9.02 | (1.11) | (2.07) | (2.98) | 62.17 |
| Balance sheet | ||||||
| Total assets | 358 | 273 | 224 | 190 | 149 | 64.31 |
| Net worth | 81.97 | 59.57 | 49.51 | 50.09 | 25.66 | 26.30 |
| Total debt | 246 | 190 | 158 | 123 | 109 | 38.01 |
| Cash & bank | 15.45 | 0.86 | 0.72 | 1.37 | 0.45 | 0.24 |
| Net working capital | 262 | 168 | 107 | 68.93 | 34.94 | 3.94 |
| Cash flow | ||||||
| Cash from operations | (18.89) | (20.12) | (18.89) | (20.12) | (22.86) | (15.80) |
| Cash from investing | (5.55) | (12.73) | (5.31) | (12.73) | (57.48) | (0.77) |
| Cash from financing | 23.79 | 33.76 | 23.55 | 33.76 | 80.55 | 13.91 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 174 | 143 | 121 | 198 | 126 | 122 | 119 | 117 |
| Revenue growth (YoY) | +38.5% | +16.8% | +1.6% | +68.9% | +20.1% | - | - | - |
| Other income | 0.73 | 2.04 | 1.56 | 1.95 | 6.53 | 1.88 | 0.93 | 0.57 |
| EBITDA | 32.86 | 16.40 | 19.10 | 11.26 | 9.16 | 12.92 | 8.18 | 7.50 |
| EBITDA margin | +18.9% | +11.5% | +15.7% | +5.7% | +7.3% | +10.6% | +6.9% | +6.4% |
| Depreciation | 1.85 | 2.23 | 1.89 | 1.83 | 1.82 | 1.82 | 2.06 | 1.70 |
| Interest | 5.46 | 5.24 | 6.48 | 4.54 | 4.16 | 3.89 | 3.97 | 3.43 |
| Profit before tax | 26.28 | 10.97 | 12.29 | 6.84 | 9.71 | 9.09 | 3.08 | 2.94 |
| Tax | 7.94 | 2.65 | 3.95 | 1.84 | 2.56 | (1.45) | 0.89 | 0.78 |
| Net profit | 18.34 | 8.32 | 8.34 | 5.00 | 7.15 | 10.54 | 2.19 | 2.16 |
| EPS (₹) | 17.08 | 7.78 | 7.75 | 4.64 | 6.65 | 6.18 | 2.09 | 1.40 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 289 | 118 | 45.55 | 48.40 | 49.33 | 15.87 | 5.62 |
| Revenue growth | +145.1% | +159.3% | -5.9% | -1.9% | +210.8% | +182.4% | - |
| EBITDA | 30.08 | 13.74 | 1.28 | (0.89) | 2.90 | (26.54) | (11.43) |
| EBITDA margin | +10.4% | +11.6% | +2.8% | -1.8% | +5.9% | -167.2% | -203.4% |
| Profit before tax | 24.07 | 7.64 | (3.72) | (7.14) | (4.90) | 43.53 | (21.04) |
| Net profit | 17.25 | 5.45 | (2.72) | (5.55) | (3.70) | 10.78 | (20.63) |
| Net profit margin | +6.0% | +4.6% | -6.0% | -11.5% | -7.5% | +67.9% | -367.1% |
| EPS (₹) | 16.06 | 5.38 | (2.59) | (5.01) | (3.59) | 62.17 | (20.36) |
| Balance sheet | |||||||
| Total assets | 181 | 106 | 89.95 | 77.68 | 61.73 | 64.31 | 29.30 |
| Net worth | 64.23 | 47.77 | 41.65 | 43.78 | 22.62 | 26.30 | (73.99) |
| Total debt | 116 | 58.19 | 48.24 | 33.77 | 39.01 | 38.01 | 98.49 |
| Cash & bank | 0.18 | 0.35 | 0.52 | 1.34 | 0.45 | 0.24 | 2.89 |
| Net working capital | 125 | 44.76 | 22.77 | 7.92 | (6.98) | 3.94 | (16.23) |
| Cash flow | |||||||
| Cash from operations | (7.58) | (5.81) | (13.05) | (14.96) | 5.31 | (15.80) | 4.49 |
| Cash from investing | (1.78) | 0.73 | 1.33 | (2.03) | (2.82) | (0.77) | 0.50 |
| Cash from financing | 9.19 | 4.91 | 10.90 | 17.89 | (2.28) | 13.91 | (3.58) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 71.02 | 73.90 | 82.97 | 61.52 | 33.72 | 35.04 | 30.26 |
| Revenue growth (YoY) | +87.4% | +110.6% | +110.9% | +174.2% | +222.6% | - | - | - |
| Other income | 0.67 | 1.25 | 0.16 | 0.75 | 0.82 | 0.28 | 0.69 | 0.31 |
| Total expenses | 100 | 58.99 | 63.60 | 77.39 | 59.35 | 28.10 | 32.28 | 27.67 |
| EBITDA | 15.01 | 12.03 | 10.30 | 5.58 | 2.17 | 5.62 | 2.76 | 2.59 |
| EBITDA margin | +13.0% | +16.9% | +13.9% | +6.7% | +3.5% | +16.7% | +7.9% | +8.6% |
| Depreciation | 0.59 | 0.93 | 0.56 | 0.56 | 0.55 | 0.58 | 0.58 | 0.57 |
| Interest | 2.51 | 1.89 | 1.32 | 1.73 | 1.43 | 1.26 | 1.45 | 1.24 |
| Profit before tax | 12.58 | 10.46 | 8.58 | 4.04 | 1.01 | 4.06 | 1.42 | 1.09 |
| Tax | 3.57 | 2.41 | 2.95 | 1.17 | 0.30 | 0.95 | 0.37 | 0.31 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 174 | 143 | 121 | 198 | 126 | 122 | 119 | 117 |
| Revenue growth (YoY) | +38.5% | +16.8% | +1.6% | +68.9% | +20.1% | - | - | - |
| Other income | 0.73 | 2.04 | 1.56 | 1.95 | 6.53 | 1.88 | 0.93 | 0.57 |
| EBITDA | 32.86 | 16.40 | 19.10 | 11.26 | 9.16 | 12.92 | 8.18 | 7.50 |
| EBITDA margin | +18.9% | +11.5% | +15.7% | +5.7% | +7.3% | +10.6% | +6.9% | +6.4% |
| Depreciation | 1.85 | 2.23 | 1.89 | 1.83 | 1.82 | 1.82 | 2.06 | 1.70 |
| Interest | 5.46 | 5.24 | 6.48 | 4.54 | 4.16 | 3.89 | 3.97 | 3.43 |
| Profit before tax | 26.28 | 10.97 | 12.29 | 6.84 | 9.71 | 9.09 | 3.08 | 2.94 |
| Tax | 7.94 | 2.65 | 3.95 | 1.84 | 2.56 | (1.45) | 0.89 | 0.78 |
| Net profit | 18.34 | 8.32 | 8.34 | 5.00 | 7.15 | 10.54 | 2.19 | 2.16 |
| EPS (₹) | 17.08 | 7.78 | 7.75 | 4.64 | 6.65 | 6.18 | 2.09 | 1.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 588 | 463 | 295 | 352 | 112 | 15.87 |
| Revenue growth | +26.8% | +57.3% | -16.2% | +213.3% | +607.0% | - |
| Other income | 12.08 | 4.68 | 2.56 | 0.56 | 0.65 | 76.47 |
| Total expenses | 532 | 428 | 278 | 334 | 107 | 42.41 |
| Employee cost | 0.00 | 20.92 | 17.51 | 17.09 | 7.06 | 1.06 |
| EBITDA | 55.92 | 35.40 | 16.68 | 17.69 | 5.64 | (26.54) |
| EBITDA margin | +9.5% | +7.6% | +5.7% | +5.0% | +5.0% | -167.2% |
| Depreciation | 7.77 | 7.29 | 7.30 | 7.39 | 5.24 | 5.12 |
| Interest | 20.43 | 14.81 | 11.74 | 9.69 | 4.19 | 1.28 |
| Profit before tax | 39.80 | 17.98 | 0.20 | 1.17 | (3.14) | 43.53 |
| Tax | 11.01 | 4.65 | (0.11) | 0.42 | (0.71) | (20.09) |
| Net profit | 23.33 | 9.48 | (1.33) | (2.10) | (2.97) | 10.78 |
| Net profit margin | +4.0% | +2.1% | -0.5% | -0.6% | -2.7% | +67.9% |
| EPS (₹) | 21.60 | 9.02 | (1.11) | (2.07) | (2.98) | 62.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 10.67 | 10.67 | 10.67 | 10.67 | 10.23 | 10.23 |
| Reserves & surplus | 71.30 | 48.90 | 38.84 | 39.42 | 15.43 | 16.07 |
| Shareholders' funds (net worth) | 81.97 | 59.57 | 49.51 | 50.09 | 25.66 | 26.30 |
| Minority interest | 25.20 | 19.61 | 15.84 | 14.37 | 11.26 | 0.00 |
| Secured loans | 192 | 139 | 98.77 | 74.73 | 66.72 | 32.33 |
| Unsecured loans | 54.15 | 51.21 | 59.12 | 48.63 | 42.07 | 5.68 |
| Total debt | 246 | 190 | 158 | 123 | 109 | 38.01 |
| Total liabilities | 358 | 273 | 224 | 190 | 149 | 64.31 |
| Assets | ||||||
| Gross block | 185 | 181 | 180 | 181 | 169 | 169 |
| Net block | 68.71 | 70.67 | 76.53 | 83.68 | 79.10 | 27.18 |
| Capital work in progress | 1.64 | 2.21 | 3.75 | 1.12 | 0.00 | 0.00 |
| Investments | 0.52 | 0.50 | 0.53 | 0.62 | 0.50 | 0.11 |
| Inventories | 80.51 | 56.24 | 35.71 | 27.30 | 25.14 | 6.61 |
| Sundry debtors | 114 | 98.90 | 56.45 | 27.40 | 26.83 | 3.31 |
| Cash & bank balances | 15.45 | 0.86 | 0.72 | 1.37 | 0.45 | 0.24 |
| Loans & advances | 71.71 | 23.70 | 22.57 | 22.42 | 7.30 | 1.82 |
| Total current assets | 282 | 180 | 115 | 78.49 | 59.72 | 11.98 |
| Total current liabilities | 20.04 | 12.19 | 8.26 | 9.56 | 24.78 | 8.04 |
| Net working capital | 262 | 168 | 107 | 68.93 | 34.94 | 3.94 |
| Total assets | 358 | 273 | 224 | 190 | 149 | 64.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 1.37 | 0.45 | 1.37 | 0.45 | 0.24 | 2.89 |
| Net cash from operating activities | (18.89) | (20.12) | (18.89) | (20.12) | (22.86) | (15.80) |
| Net cash from investing activities | (5.55) | (12.73) | (5.31) | (12.73) | (57.48) | (0.77) |
| Net cash from financing activities | 23.79 | 33.76 | 23.55 | 33.76 | 80.55 | 13.91 |
| Net change in cash | (0.65) | 0.92 | (0.65) | 0.91 | 0.21 | (2.65) |
| Closing cash | 15.45 | 0.86 | 0.72 | 1.37 | 0.45 | 0.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +26.8% | +57.3% | -16.2% | +213.3% | +607.0% | - |
| EBITDA growth | +58.0% | +112.2% | -5.7% | +213.7% | +121.3% | - |
| PBT growth | +121.4% | +8890.0% | -82.9% | +9998.0% | - | +9997.0% |
| Net income growth | +146.1% | +812.8% | +36.7% | +29.3% | -127.6% | - |
| Revenue CAGR (3Y) | +18.7% | +60.5% | +164.8% | - | - | - |
| EBITDA CAGR (3Y) | +46.8% | +84.5% | - | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +4.9% | +2.9% | +0.1% | +0.2% | -2.2% | +400.9% |
| Return on capital employed | - | +12.2% | +5.1% | +6.0% | 0.0% | -7.9% |
| Return on net worth | - | +14.3% | +0.2% | +1.5% | 0.0% | +17.0% |
| Debt / equity | - | 3.19 | 2.82 | 3.06 | 2.83 | 1.45 |
| Long-term debt / equity | - | 0.73 | 0.98 | 1.26 | 1.50 | 1.23 |
| Interest cover | 42.43 | 52.69 | 125.16 | 94.08 | 1,047.50 | -4.04 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 2.62 | 1.63 | 2.01 | 0.66 | 0.09 |
| Inventory turnover | - | 10.08 | 9.35 | 13.41 | 7.07 | 2.40 |
| Debtors turnover | - | 5.97 | 7.03 | 12.96 | 7.45 | 4.79 |
| EPS (₹) | 21.60 | 9.02 | (1.11) | (2.07) | (2.98) | 62.17 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 55.81 | 46.39 | 46.93 | 25.08 | 25.70 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 71.02 | 73.90 | 82.97 | 61.52 | 33.72 | 35.04 | 30.26 |
| Revenue growth (YoY) | +87.4% | +110.6% | +110.9% | +174.2% | +222.6% | - | - | - |
| Other income | 0.67 | 1.25 | 0.16 | 0.75 | 0.82 | 0.28 | 0.69 | 0.31 |
| Total expenses | 100 | 58.99 | 63.60 | 77.39 | 59.35 | 28.10 | 32.28 | 27.67 |
| EBITDA | 15.01 | 12.03 | 10.30 | 5.58 | 2.17 | 5.62 | 2.76 | 2.59 |
| EBITDA margin | +13.0% | +16.9% | +13.9% | +6.7% | +3.5% | +16.7% | +7.9% | +8.6% |
| Depreciation | 0.59 | 0.93 | 0.56 | 0.56 | 0.55 | 0.58 | 0.58 | 0.57 |
| Interest | 2.51 | 1.89 | 1.32 | 1.73 | 1.43 | 1.26 | 1.45 | 1.24 |
| Profit before tax | 12.58 | 10.46 | 8.58 | 4.04 | 1.01 | 4.06 | 1.42 | 1.09 |
| Tax | 3.57 | 2.41 | 2.95 | 1.17 | 0.30 | 0.95 | 0.37 | 0.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 289 | 118 | 45.55 | 48.40 | 49.33 | 15.87 | 5.62 |
| Revenue growth | +145.1% | +159.3% | -5.9% | -1.9% | +210.8% | +182.4% | - |
| Other income | 2.98 | 1.49 | 1.27 | 0.43 | 0.16 | 76.47 | 0.11 |
| Total expenses | 259 | 104 | 44.27 | 49.29 | 46.43 | 42.41 | 17.05 |
| Employee cost | 0.00 | 4.17 | 5.20 | 4.26 | 4.24 | 1.06 | 0.69 |
| EBITDA | 30.08 | 13.74 | 1.28 | (0.89) | 2.90 | (26.54) | (11.43) |
| EBITDA margin | +10.4% | +11.6% | +2.8% | -1.8% | +5.9% | -167.2% | -203.4% |
| Depreciation | 2.61 | 2.30 | 2.69 | 3.34 | 4.66 | 5.12 | 5.76 |
| Interest | 6.38 | 5.29 | 3.58 | 3.34 | 3.30 | 1.28 | 3.96 |
| Profit before tax | 24.07 | 7.64 | (3.72) | (7.14) | (4.90) | 43.53 | (21.04) |
| Tax | 6.83 | 1.88 | (0.96) | (1.79) | (1.21) | (20.09) | (0.33) |
| Net profit | 17.25 | 5.45 | (2.72) | (5.55) | (3.70) | 10.78 | (20.63) |
| Net profit margin | +6.0% | +4.6% | -6.0% | -11.5% | -7.5% | +67.9% | -367.1% |
| EPS (₹) | 16.06 | 5.38 | (2.59) | (5.01) | (3.59) | 62.17 | (20.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.67 | 10.67 | 10.67 | 10.67 | 10.23 | 10.23 | 10.17 |
| Reserves & surplus | 53.56 | 37.10 | 30.98 | 33.11 | 12.39 | 16.07 | (84.16) |
| Shareholders' funds (net worth) | 64.23 | 47.77 | 41.65 | 43.78 | 22.62 | 26.30 | (73.99) |
| Secured loans | 9.72 | 0.00 | 22.12 | 19.23 | 29.83 | 32.33 | 80.59 |
| Unsecured loans | 106 | 58.19 | 26.12 | 14.54 | 9.18 | 5.68 | 17.90 |
| Total debt | 116 | 58.19 | 48.24 | 33.77 | 39.01 | 38.01 | 98.49 |
| Total liabilities | 181 | 106 | 89.95 | 77.68 | 61.73 | 64.31 | 29.30 |
| Assets | |||||||
| Gross block | 109 | 107 | 107 | 108 | 106 | 106 | 107 |
| Net block | 19.20 | 18.68 | 21.32 | 24.51 | 25.38 | 27.18 | 32.47 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 8.99 | 9.06 | 9.10 | 8.91 | 9.04 | 0.11 | 0.01 |
| Inventories | 32.54 | 15.12 | 5.05 | 5.59 | 2.75 | 6.61 | 0.88 |
| Sundry debtors | 50.95 | 29.28 | 18.42 | 4.56 | 6.33 | 3.31 | 19.63 |
| Cash & bank balances | 0.18 | 0.35 | 0.52 | 1.34 | 0.45 | 0.24 | 2.89 |
| Loans & advances | 52.38 | 4.36 | 1.57 | 1.40 | 1.54 | 1.82 | 2.20 |
| Total current assets | 136 | 49.11 | 25.56 | 12.89 | 11.07 | 11.98 | 25.60 |
| Total current liabilities | 10.67 | 4.35 | 2.79 | 4.97 | 18.05 | 8.04 | 41.83 |
| Net working capital | 125 | 44.76 | 22.77 | 7.92 | (6.98) | 3.94 | (16.23) |
| Total assets | 181 | 106 | 89.95 | 77.68 | 61.73 | 64.31 | 29.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.35 | 0.52 | 1.34 | 0.45 | 0.24 | 2.89 | 1.49 |
| Net cash from operating activities | (7.58) | (5.81) | (13.05) | (14.96) | 5.31 | (15.80) | 4.49 |
| Net cash from investing activities | (1.78) | 0.73 | 1.33 | (2.03) | (2.82) | (0.77) | 0.50 |
| Net cash from financing activities | 9.19 | 4.91 | 10.90 | 17.89 | (2.28) | 13.91 | (3.58) |
| Net change in cash | (0.17) | (0.17) | (0.82) | 0.89 | 0.21 | (2.65) | 1.40 |
| Closing cash | 0.18 | 0.35 | 0.52 | 1.34 | 0.45 | 0.24 | 2.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +145.1% | +159.3% | -5.9% | -1.9% | +210.8% | +182.4% | - |
| EBITDA growth | +118.9% | +973.4% | +243.8% | -130.7% | +110.9% | -132.2% | - |
| PBT growth | +215.1% | +9998.0% | +47.9% | -45.7% | - | +9998.0% | +76.4% |
| Net income growth | +216.5% | +300.4% | +51.0% | -50.0% | -134.3% | +152.3% | - |
| Revenue CAGR (3Y) | +81.5% | +33.8% | +42.1% | +105.0% | -36.0% | -61.0% | -73.8% |
| EBITDA CAGR (3Y) | - | +68.0% | - | -57.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.0% | +4.9% | -6.1% | -11.1% | -7.5% | +400.9% | -368.5% |
| Return on capital employed | - | +10.8% | 0.0% | 0.0% | 0.0% | -12.3% | 0.0% |
| Return on net worth | - | +8.7% | 0.0% | 0.0% | 0.0% | -207.5% | 0.0% |
| Debt / equity | - | 1.19 | 0.96 | 1.10 | 1.57 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.07 | 0.41 | 1.09 | 0.00 | 0.00 |
| Interest cover | 23.23 | 46.24 | -253.90 | -78.96 | -187.50 | -4.04 | -23.04 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.87 | 0.42 | 0.45 | 0.47 | 0.15 | 0.05 |
| Inventory turnover | - | 11.71 | 8.56 | 11.61 | 10.54 | 4.24 | 1.77 |
| Debtors turnover | - | 4.95 | 3.96 | 8.89 | 10.23 | 1.38 | 0.24 |
| EPS (₹) | 16.06 | 5.38 | (2.59) | (5.01) | (3.59) | 62.17 | (20.36) |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 44.76 | 39.02 | 41.02 | 22.11 | 25.70 | (72.78) |
To see the full year-wise statements and ratios of HCP Plastene Bulkpack Limited, buy the company report.
Board of directors of HCP Plastene Bulkpack Limited
HCP Plastene Bulkpack has 6 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Motilal Shah | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Anil Shyamsunder Goyal Also directs: Plastene Infrastructure Limited, Oswal Commodities Private Limited | Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Meenu Maheshwari | Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Prakash Hiralal Parekh | Managing Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Aman Prakash Parekh Also directs: HCP Enterprise Limited | Whole-Time Director | 12 Aug 2025 | 1 Years 2 Months | Current |
| Ranjeet Mal Kastia Also directs: HFCL Limited, HFCL Advance Systems Private Limited, Dragonwave HFCL India Private Limited and 3 more | Director | 31 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
HCP Plastene Bulkpack Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| HCP Plastene Bulkpack Limitedthis company | ₹587.51 Cr (FY 2026) | ₹23.33 Cr | 4% | 26.8% | 136 | Ahmedabad, Gujarat, India |
| Shankar Packagings Limited | ₹528.05 Cr (FY 2025) | 8.0% | Vaghodia, Gujarat, India | |||
| Kuloday Technopack Private Limited | ₹519.95 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Rathna Packaging India Private Limited | ₹513.54 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| Flexituff Ventures International Limited | ₹457.78 Cr (FY 2025) | -24.0% | Indore, Madhya Pradesh, India | |||
| Oswal Extrusion Limited | ₹433.83 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Aditya Flexipack Private Limited | ₹433.25 Cr (FY 2023) | -8.0% | Kanpur Dehat, Uttar Pradesh, India |
To see the full peer comparison of HCP Plastene Bulkpack Limited, buy the company report.
Auditor
HCP Plastene Bulkpack Limited is audited by Ashok Dhariwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Dhariwal & Co. | FY 2023 | 100648W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 2.70%, domestic institutional investors hold 4.70% and retail and other public shareholders hold 17.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2026 | 101251706 | Others | ₹135 Cr | Open | |
| 12 Sep 2023 | 100804286 | Others | ₹69.22 Cr | Satisfied | |
| 20 Feb 2023 | 100726734 | Hdfc Bank Limited | ₹27 Cr | Satisfied | |
| 03 Mar 2006 | 80011548 | Idbi Bank Limited | ₹3.6 Cr | Satisfied | |
| 04 Jun 2005 | 90243856 | Dena Bank | ₹2.5 Cr | Satisfied |
To see the full charge records of HCP Plastene Bulkpack Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
HCP Plastene Bulkpack Limited has 130 deals on record (129 market trades, 1 rights issue); the latest was in January 2024.
Deals on record (5 of 130)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹2.83 Cr | Buyer: Earth Stone Commodities Private Limited Seller: Prakash Hiralal Parekh Huf, an individual |
| Apr 2023 | Market trade | ₹5.46 Cr | Buyer: Alto Polymers Private Limited Seller: Isotech Tie-Up Pvt Ltd |
| Apr 2023 | Market trade | ₹5.19 Cr | Buyer: Isotech Tie-Up Pvt Ltd Seller: Alto Polymers Private Limited |
| Nov 2018 | Market trade | ₹1.1 Cr | Buyer: 2 individuals Seller: Pearl Broking Services Limited , an individual |
| Nov 2018 | Market trade | ₹1.38 Cr | Buyer: Ventura Securities Ltd (Error Transactions), an individual Seller: RTL Logistics Limited , 2 individuals |
To see the full deal history of HCP Plastene Bulkpack Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HCP Plastene Bulkpack Limited has 130 court cases on record: 39 filed by HCP Plastene Bulkpack, 91 filed against it. 36 cases are pending and 94 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 64 | 22 |
| High courts | 49 | 15 | 9 |
| Supreme Court | 5 | 5 | 0 |
| NCLAT | 5 | 5 | 3 |
| NCLT | 3 | 2 | 2 |
Cases on record (5 of 130)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against Idfc First Bank Ltd. (Formerly Known Capital First Limited) and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Uttar Gujarat Vij Company Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Plastene India Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, Daman, Diu and Daman | Civil suit | Filed against the company by M/S 365 Plastium Pvt. Ltd. | Pending |
To see the full case history of HCP Plastene Bulkpack 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.
Credit ratings & regulatory alerts
HCP Plastene Bulkpack Limited was last rated by Crisil on 31 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Aug 2020 |
To see the full credit ratings and regulatory alerts of HCP Plastene Bulkpack Limited, buy the company report.
MSME payment delays
HCP Plastene Bulkpack Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 114 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tritha Graphics | |||
| Purbanchal Lumbers Private Limited | |||
| Surya CLS Private Limited | |||
| an individual supplier | |||
| Ginza Machinery Mfg.Co. |
To see the full MSME payment records of HCP Plastene Bulkpack Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
HCP Plastene Bulkpack has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| K P Woven Private Limited | U25200GJ2010PTC084803 |
To see the full group structure of HCP Plastene Bulkpack Limited, buy the company report.
Employees & EPFO
HCP Plastene Bulkpack Limited has a workforce of 136 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
HCP Plastene Bulkpack has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG1282C2Z6 | Gujarat | Active | 28 Sep 2020 |
To see the full GST registrations and return filing status of HCP Plastene Bulkpack Limited, buy the company report.
Recent activity
HCP Plastene Bulkpack Limited has 52 board changes on record since 1988: 29 appointments and 23 cessations. The latest: Aman Prakash Parekh was appointed as Whole-Time Director on 12 Aug 2025.
87 earlier events are in the company report.
Frequently asked questions
HCP Plastene Bulkpack is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 11 June 1984 (42+ years old) and is registered under CIN L25200GJ1984PLC050560. Listed on BSE: 526717.
HCP Plastene Bulkpack reported revenue of ₹587.51 Cr for FY 2025-26 (up 26.8% YoY) based on consolidated financials.
HCP Plastene Bulkpack has 6 current directors:
- Prakash Hiralal Parekh - Managing Director
- Aman Prakash Parekh - Whole-Time Director
- Sandeep Motilal Shah - Director
- Anil Shyamsunder Goyal - Director
- Meenu Maheshwari - Director
- Ranjeet Mal Kastia - Director
The latest financial statements of HCP Plastene Bulkpack on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of HCP Plastene Bulkpack is 24AABCG1282C2Z6, registered in Gujarat. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of HCP Plastene Bulkpack is L25200GJ1984PLC050560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. HCP Plastene Bulkpack is a listed company as per MCA records. Its shares are listed on BSE (code: 526717).
HCP Plastene Bulkpack has 130 court cases on record: 39 filed by the company and 91 filed against it. 36 are pending. Most are in the district courts.
HCP Plastene Bulkpack was incorporated on 11 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.
HCP Plastene Bulkpack has 130 deals on record (129 market trades, 1 rights issue); the latest was in January 2024.
The peers of HCP Plastene Bulkpack by revenue are Shankar Packagings Limited, Kuloday Technopack Private Limited, Rathna Packaging India Private Limited, Flexituff Ventures International Limited, Oswal Extrusion Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Aman Prakash Parekh was appointed as Whole-Time Director on 12 Aug 2025. Ashutosh Maheshvari ceased to be Director on 16 Jun 2025. Bhaveshkumar Vaktawarmal Jain ceased to be Director on 16 Dec 2023. HCP Plastene Bulkpack has 52 board changes on record in total.

