About Jinal Plastics Private Limited
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Jinal Plastics Private Limited 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 08 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1993PTC073821. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Kirit Mansukhlal Ganatra and Mansukhlal Hariram Ganatra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Unit No 2 Hindustan Kohinorindustrial Complex L B S Marg Vikhroli (W), Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.43 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹76.44 Lakh (net margin -22.3%) and EBITDA of ₹16.32 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.42 Cr and satisfied charges of ₹19.46 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lgjinal.com.
Company details
Contact details
Jinal Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its website is lgjinal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 2 Hindustan Kohinorindustrial Complex L B S Marg Vikhroli (W), Mumbai, Maharashtra, India – 400083
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Jinal 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 Jinal 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 Jinal Plastics Private Limited, buy the company report.
Financials of Jinal Plastics Private Limited
FY 2018 filings availableJinal Plastics Private Limited reported revenue of ₹3.43 Cr (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 65% fall in the latest year. EBITDA rose 114% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.43 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹16.32 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹76.44 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.8% | |||
| Net Profit Margin | -22.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Jinal Plastics Private Limited, buy the company report.
Board of directors of Jinal Plastics Private Limited
Jinal Plastics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirit Mansukhlal Ganatra | Director | 08 Sep 2003 | 23 Years 1 Months | Current |
| Mansukhlal Hariram Ganatra | Director | 08 Sep 2003 | 23 Years 1 Months | Current |
| Mala Kirit Ganatra | Director | 01 Feb 1999 | 27 Years 8 Months | Current |
Peer comparison
Jinal Plastics Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Surhari Plastics Private Limited | ₹3.46 Cr (FY 2025) | 137.0% | Jalgaon, Maharashtra, India | |||
| C2p Engineering Solutions Private Limited | ₹3.43 Cr (FY 2025) | 0.0% | Medchal, Telangana, India | |||
| Shree Shubh Laxmi Polymers Private Limited | ₹3.43 Cr (FY 2025) | -15.0% | Jaitpura, Rajasthan, India | |||
| Dinesh Polyfab Private Limited | ₹3.43 Cr (FY 2025) | 10.0% | Thane, Maharashtra, India | |||
| Park Fish-Net Pvt Ltd | ₹3.43 Cr (FY 2025) | -1.0% | Gandhinagar, Gujarat, India | |||
| Jinal Plastics Private Limitedthis company | ₹3.43 Cr (FY 2018) | -₹76.44 Lakh | -22.3% | -65.0% | 56 | Mumbai, Maharashtra, India |
| Vinayak Global Pack Private Limited | ₹3.42 Cr (FY 2025) | 4330280.0% | Jaipur, Rajasthan, India | |||
| Apex Polymers Private Limited | ₹3.41 Cr (FY 2025) | 1.0% | Shapar Veraval, Gujarat, India | |||
| Takshvi Global Bag Private Limited | ₹3.41 Cr (FY 2019) | 14.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Jinal Plastics Private Limited, buy the company report.
Auditor
Jinal Plastics Private Limited is audited by U B LAKHANI & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U B LAKHANI & COMPANY | FY 2018 | 105532W |
Shareholding
The shareholding of Jinal Plastics Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Jinal Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2015 | 10596455 | Others | ₹1 Cr | Open | |
| 20 May 2015 | 10572141 | Others | ₹85 Lakh | Open | |
| 19 May 2015 | 10596459 | Others | ₹85 Lakh | Open | |
| 06 Jan 2015 | 10541523 | Others | ₹25 Lakh | Open | |
| 13 Dec 2014 | 10540091 | Others | ₹47 Lakh | Open |
To see the full charge records of Jinal Plastics Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Jinal Plastics Private Limited has 8 court cases on record: 6 filed by Jinal Plastics, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Pegasus Assets Reconstruction Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by HDFC Bank Ltd. | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Jenson and Nicholson (India) Ltd. and Anr. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against M/S Viva Coatings and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against M/S. Rainbow Paint Products | Disposed |
To see the full case history of Jinal Plastics Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jinal Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jinal Plastics Private Limited has a workforce of 56 employees on its EPFO records as of Apr 03, 2024, across 3 active EPFO establishments.
GST
Jinal Plastics has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jinal Plastics Private Limited, buy the company report.
Recent activity
Jinal Plastics Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Kirit Mansukhlal Ganatra was appointed as Director on 08 Sep 2003.
31 earlier events are in the company report.
Frequently asked questions
Jinal Plastics 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 08 September 1993 (33+ years old) and is registered under CIN U25209MH1993PTC073821.
Jinal Plastics has 3 current directors:
- Kirit Mansukhlal Ganatra - Director
- Mansukhlal Hariram Ganatra - Director
- Mala Kirit Ganatra - Director
The latest financial statements of Jinal Plastics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Jinal Plastics has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Jinal Plastics is U25209MH1993PTC073821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jinal Plastics has 8 court cases on record: 6 filed by the company and 2 filed against it. Most are in the district courts.
Jinal Plastics was incorporated on 08 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jinal Plastics by revenue are Surhari Plastics Private Limited, C2p Engineering Solutions Private Limited, Shree Shubh Laxmi Polymers Private Limited, Dinesh Polyfab Private Limited, Park Fish-Net Pvt Ltd and 3 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).
Kirit Mansukhlal Ganatra was appointed as Director on 08 Sep 2003. Mansukhlal Hariram Ganatra was appointed as Director on 08 Sep 2003. Mala Kirit Ganatra was appointed as Director on 01 Feb 1999.
Jinal Plastics can be reached through the website lgjinal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Jinal Plastics is at Unit No 2 Hindustan Kohinorindustrial Complex L B S Marg Vikhroli W, Mumbai, Maharashtra, India – 400083.