- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-18-0022650

K.Plast Machinery Private Limited
About K.Plast Machinery Private Limited
Data last updated:
K.Plast Machinery Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29295MH1992PTC067357. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Comet Plast Machinery Private Limited. It is led by directors Mukesh Kantilal Sheth (Managing Director) and Kamini Mukesh Sheth.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 5/22 – Ashirwad Industrial Estrammandir Road Goregaon W, Mumbai, Maharashtra, India – 400104.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.08 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹7.73 Lakh (net margin -251.4%) and EBITDA of -₹7.72 Lakh (EBITDA margin -250.9%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 52% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
K.Plast Machinery Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0022650). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of K.Plast Machinery
Contact details
K.Plast Machinery Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/22 – Ashirwad Industrial Estrammandir Road Goregaon W, Mumbai, Maharashtra, India – 400104
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of K.Plast Machinery 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 K.Plast Machinery 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 K.Plast Machinery Private Limited, buy the company report.
Financials of K.Plast Machinery Private Limited
FY 2021 filings availableK.Plast Machinery Private Limited reported revenue of ₹3.08 Lakh (up 14% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 52%. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.08 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.73 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -250.9% | ||||
| Net Profit Margin | -251.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of K.Plast Machinery Private Limited, buy the company report.
Board of directors of K.Plast Machinery Private Limited
K.Plast Machinery has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamini Mukesh Sheth Also directs: Kavim Polyplast Private Limited, M K Engineering Pvt Ltd | Additional Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Mukesh Kantilal Sheth Also directs: Kavim Polyplast Private Limited, M K Engineering Pvt Ltd | Managing Director | 02 Feb 1996 | 30 Years 8 Months | Current |
Auditor
K.Plast Machinery Private Limited is audited by SANDIP YANJIK & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDIP YANJIK & ASSOCIATES | FY 2021 | 109075W |
Shareholding
The shareholding of K.Plast Machinery Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of K.Plast Machinery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2004 | 80040306 | Bank of India | ₹30 Lakh | Open |
To see the full charge records of K.Plast Machinery Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
K.Plast Machinery Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by M/S Cenlub Industries Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Vijai Hydraulik I Pvt Ltd | Pending |
To see the full case history of K.Plast Machinery 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 K.Plast Machinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K.Plast Machinery has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of K.Plast Machinery Private Limited, buy the company report.
Recent activity
K.Plast Machinery Private Limited has 6 board changes on record since 1996: 2 appointments and 4 cessations. The latest: Kamini Mukesh Sheth was appointed as Additional Director on 15 Jul 2019.
Frequently asked questions
K.Plast Machinery is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 23 June 1992 (34+ years old) and is registered under CIN U29295MH1992PTC067357.
K.Plast Machinery has 2 current directors:
- Mukesh Kantilal Sheth - Managing Director
- Kamini Mukesh Sheth - Additional Director
The latest financial statements of K.Plast Machinery on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. K.Plast Machinery has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of K.Plast Machinery is U29295MH1992PTC067357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K.Plast Machinery has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
K.Plast Machinery was incorporated on 23 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Kamini Mukesh Sheth was appointed as Additional Director on 15 Jul 2019. Vinee Sheth Mukesh ceased to be Director on 15 Jul 2019. Ankit Sheth ceased to be Additional Director on 01 Apr 2016. K.Plast Machinery has 6 board changes on record in total.
Yes, K.Plast Machinery is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0022650).
The registered office of K.Plast Machinery is at 522 – Ashirwad Industrial Estrammandir Road Goregaon W, Mumbai, Maharashtra, India – 400104.