MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-OD-07-0004667
Kanchan Plastics Private Limited - manufacturing in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.53 Cr
▼ 3% YoY
Net profit · FY 2024
₹2.29 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹1.05 Cr
EBITDA margin 10%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹4.85 Cr
Satisfied ₹4.19 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Kanchan Plastics Private Limited
Data last updated:
Kanchan Plastics Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 18 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U25200OR2009PTC010894. Its GSTIN is 21AADCK6907E1ZX (Odisha).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Deepak Agarwal and Suman Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Idco Plot No. C/15 Phase III New Industrial Estate Jagatpur, Cuttack, Odisha, India – 754021.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.53 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Lakh (net margin 0.2%) and EBITDA of ₹1.05 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹4.85 Cr and satisfied charges of ₹4.19 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
Kanchan Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0004667). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanchanplastics.com.
Company details
CIN U25200OR2009PTC010894
Registration Number 010894
Incorporation Date 18 June 2009
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-07-0004667
Key People
Deepak Agarwal Director Suman Agarwal Director Recognitions & Rankings of Kanchan Plastics
Contact details
Kanchan Plastics Private Limited's registered office is in Cuttack, Odisha. Its website is kanchanplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIdco Plot No. C/15 Phase III New Industrial Estate Jagatpur, Cuttack, Odisha, India – 754021
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Kanchan Plastics Private Limited, buy the company report.
Comprehensive company report
Kanchan Plastics Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Kanchan 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 Kanchan Plastics Private Limited, buy the company report.
Financials of Kanchan Plastics Private Limited
FY 2024 filings availableKanchan Plastics Private Limited reported revenue of ₹10.53 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹10.53 Cr ▼ 3%
Net profit · FY 2024
₹2.29 Lakh margin 0.2%
EBITDA · FY 2024
₹1.05 Cr margin 10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 7%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 2%
5 years · compounded
▲ 11%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 10% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Kanchan Plastics Private Limited, buy the company report.
Board of directors of Kanchan Plastics Private Limited
Kanchan Plastics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Agarwal Also directs: R.A.Sons Pvt. Ltd, Kanchan Retail Private Limited | Director | 18 Jun 2009 | 17 Years 4 Months | Current |
| Suman Agarwal Also directs: R.A.Sons Pvt. Ltd, Kanchan Retail Private Limited | Director | 29 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Kanchan 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 |
|---|---|---|---|---|---|---|
| Navkar Techplast Private Limited | ₹10.62 Cr (FY 2025) | 9.0% | Ahmedabad, Gujarat, India | |||
| Rapid-Tech Moulding Private Limited | ₹10.57 Cr (FY 2021) | -1.0% | Bhiwadi, Rajasthan, India | |||
| Kamakshi Plastics Private Limited | ₹10.56 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Zee Insulated Wires Private Limited | ₹10.55 Cr (FY 2025) | 37.0% | Masoori, Uttar Pradesh, India | |||
| Chekkeny Composites Private Limited | ₹10.53 Cr (FY 2025) | -9.0% | Bengaluru, Karnataka, India | |||
| Kanchan Plastics Private Limitedthis company | ₹10.53 Cr (FY 2024) | ₹2.29 Lakh | 0.2% | -3.0% | Cuttack, Odisha, India | |
| Bhulku Industries Private Limited | ₹10.51 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Excelplast Exim Private Limited | ₹10.5 Cr (FY 2025) | 29.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kanchan Plastics Private Limited, buy the company report.
Auditor
Kanchan Plastics Private Limited is audited by AKA HSB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKA HSB & ASSOCIATES | FY 2023 | 323314E |
Shareholding
The shareholding of Kanchan 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 Kanchan Plastics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.85 Cr
Satisfied charges
₹4.19 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2024 | 101030653 | Sidbi | ₹33 Lakh | Open | |
| 24 Dec 2024 | 101030650 | Sidbi | ₹50 Lakh | Open | |
| 28 Jun 2023 | 100745979 | Sidbi | ₹60.77 Lakh | Open | |
| 29 Mar 2023 | 100702306 | Sidbi | ₹30 Lakh | Open | |
| 23 Nov 2021 | 100501532 | Sidbi | ₹15 Lakh | Open |
To see the full charge records of Kanchan Plastics Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Kanchan Plastics Private Limited has 4 court cases on record: 4 filed by Kanchan Plastics. All cases are pending.
Total cases
4
Filed by the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (1C.C.) | Filed by the company against Everbright Hygiene Industries Prop. Pratik Tibrewala | Pending |
| District court, Cuttack, Odisha | Court case (1C.C. (R)) | Filed by the company against an individual | Pending |
| District court, Cuttack, Orissa | Court case (1C.C.) | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against State of Orissa and 3 others | Pending |
To see the full case history of Kanchan 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 Kanchan Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanchan Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCK6907E1ZX | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kanchan Plastics Private Limited, buy the company report.
Recent activity
Kanchan Plastics Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Aditya Agarwal ceased to be Director on 31 Jul 2023.
Charges
A charge with Sidbi amounted to Rs. 0.33 Cr with Charge ID 101030653 was registered on 24 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 101030650 was registered on 24 Dec 2024.
AGM
Kanchan Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kanchan Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Ceased
Aditya Agarwal ceased to be Director.
Appointed
Suman Agarwal was appointed as Director.
Ceased
Balkrishan Agarwal ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 0.61 Cr with Charge ID 100745979 was registered on 28 Jun 2023.
Charges
A charge with Sidbi amounted to Rs. 0.30 Cr with Charge ID 100702306 was registered on 29 Mar 2023.
Charges
A charge registered on 28 Aug 2019 via Charge ID 100284071 with Sidbi was fully satisfied on 07 Oct 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 2.32 Cr registered on 14 Dec 2016 with Charge ID 100085594 was modified on 11 Apr 2022.
Charges
A charge with Sidbi amounted to Rs. 0.15 Cr with Charge ID 100501532 was registered on 23 Nov 2021.
17 earlier events are in the company report.
Frequently asked questions
Kanchan Plastics is an active private limited company based in Cuttack, Odisha, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 18 June 2009 (17+ years old) and is registered under CIN U25200OR2009PTC010894.
Kanchan Plastics has 2 current directors:
- Deepak Agarwal - Director
- Suman Agarwal - Director
The latest financial statements of Kanchan Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanchan Plastics is 21AADCK6907E1ZX, registered in Odisha.
The CIN (Corporate Identification Number) of Kanchan Plastics is U25200OR2009PTC010894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanchan Plastics has 4 court cases on record: 4 filed by the company. 4 are pending. Most are in the district courts.
Kanchan Plastics was incorporated on 18 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Kanchan Plastics by revenue are Navkar Techplast Private Limited, Rapid-Tech Moulding Private Limited, Kamakshi Plastics Private Limited, Zee Insulated Wires Private Limited, Chekkeny Composites 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).
Aditya Agarwal ceased to be Director on 31 Jul 2023. Suman Agarwal was appointed as Director on 29 Jul 2023. Balkrishan Agarwal ceased to be Director on 27 Jul 2023. Kanchan Plastics has 6 board changes on record in total.
Yes, Kanchan Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-OD-07-0004667).
Kanchan Plastics can be reached through the website kanchanplastics.com. Its registered office is in Cuttack, Odisha, India.