- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-13-0048382

Kandla Polyplast (India) Private Limited
About Kandla Polyplast (India) Private Limited
Data last updated:
Kandla Polyplast (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 27 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1997PTC106194.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹6.75 Lakh. It is led by directors Ajaykumar Gupta and Mustaq Jafferali Hemani.
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 301 3rd Flr52 Kalina Santacruz E, Mumbai, Maharashtra, India – 400029.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.52 Cr. For the same year it recorded a net profit of ₹9.37 Lakh (net margin 0.5%) and EBITDA of ₹40.74 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 12% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.7 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending.
Kandla Polyplast (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0048382). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Kandla Polyplast (India)
Contact details
Kandla Polyplast (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address301 3rd Flr52 Kalina Santacruz E, Mumbai, Maharashtra, India – 400029
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Kandla Polyplast (India) 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 Kandla Polyplast (India) is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Kandla Polyplast (India) Private Limited, buy the company report.
Financials of Kandla Polyplast (India) Private Limited
FY 2024 filings availableKandla Polyplast (India) Private Limited reported revenue of ₹19.52 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.37 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Kandla Polyplast (India) Private Limited, buy the company report.
Board of directors of Kandla Polyplast (India) Private Limited
Kandla Polyplast (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Gupta | Director | 25 Aug 2005 | 21 Years 2 Months | Current |
| Mustaq Jafferali Hemani | Director | 27 Feb 1997 | 29 Years 8 Months | Current |
Auditor
Kandla Polyplast (India) Private Limited is audited by JAVED NATHANI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAVED NATHANI | FY 2022 | 043657 |
Shareholding
The shareholding of Kandla Polyplast (India) 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 Kandla Polyplast (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2003 | 90146396 | The Federal Bank Limited | ₹1.45 Cr | Open | |
| 24 Feb 1998 | 90145929 | The Federal Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Kandla Polyplast (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kandla Polyplast (India) Private Limited has 9 court cases on record: 5 filed by Kandla Polyplast (India), 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Union of India Through Its Secretary | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Union of India and 2 others | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Kandla Polyplast (India) 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 Kandla Polyplast (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kandla Polyplast (India) Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Kandla Polyplast (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kandla Polyplast (India) Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Subhashbhai Sevaram Bhavnani ceased to be Director on 05 Jan 2023.
Frequently asked questions
Kandla Polyplast (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 27 February 1997 (29+ years old) and is registered under CIN U25200MH1997PTC106194.
Kandla Polyplast (India) has 2 current directors:
- Ajaykumar Gupta - Director
- Mustaq Jafferali Hemani - Director
The latest financial statements of Kandla Polyplast (India) 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 CIN (Corporate Identification Number) of Kandla Polyplast (India) is U25200MH1997PTC106194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandla Polyplast (India) has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Kandla Polyplast (India) was incorporated on 27 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Subhashbhai Sevaram Bhavnani ceased to be Director on 05 Jan 2023. Ajaykumar Gupta was appointed as Director on 25 Aug 2005. Subhashbhai Sevaram Bhavnani was appointed as Director on 25 Aug 2005. Kandla Polyplast (India) has 4 board changes on record in total.
Yes, Kandla Polyplast (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-13-0048382).
The registered office of Kandla Polyplast (India) is at 301 3rd Flr52 Kalina Santacruz E, Mumbai, Maharashtra, India – 400029.
Kandla Polyplast (India) operates in the environment industry, in the waste management and recycling solutions segment.

