MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0063949
Maha Technoplast Private Limited
Maha Technoplast Private Limited - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.83 Cr
▼ 14% YoY
Net profit · FY 2024
₹5.97 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹40.3 Lakh
EBITDA margin 10.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹52.45 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Maha Technoplast Private Limited
Data last updated:
Maha Technoplast Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24139MH2010PTC203338. Its GSTIN is 27AAGCM5747D1ZE (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sabita Rajesh Sethi and Netik Rajeshkumar Sethi.
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 Plot No.09 Kidc Kaman Bhiwandi Road Poman Village Taluka Vasai, Thane, Maharashtra, India – 401208.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.83 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.97 Lakh (net margin 1.6%) and EBITDA of ₹40.3 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹52.45 Lakh on record.
Maha Technoplast Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0063949). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Maha Technoplast Private Limited
CIN U24139MH2010PTC203338
Registration Number 203338
Incorporation Date 18 May 2010
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-33-0063949
Recognitions & Rankings of Maha Technoplast
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressPlot No.09 Kidc Kaman Bhiwandi Road Poman Village Taluka Vasai, Thane, Maharashtra, India – 401208
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
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Business Activity of Maha Technoplast Private Limited
The main business activity of Maha Technoplast is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maha Technoplast Private Limited FY 2024 filings available
Maha Technoplast Private Limited reported revenue of ₹3.83 Cr (down 14% YoY) for FY 2024.
Revenue · FY 2024
₹3.83 Cr ▼ 14%
Net profit · FY 2024
₹5.97 Lakh margin 1.6%
EBITDA · FY 2024
₹40.3 Lakh margin 10.5%
Compounded Annual Growth Rate (CAGR) of Maha Technoplast Private Limited
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 32%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 11%
5 years · compounded
▲ 2%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 3% 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 of Maha Technoplast Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹40.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.97 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 of Maha Technoplast Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maha Technoplast are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Maha Technoplast Private Limited
Maha Technoplast has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sabita Rajesh Sethi Also directs: Maharashtra Mahapolyplast Private Limited | Director | 18 May 2010 | 16 Years 5 Months | Current |
| Netik Rajeshkumar Sethi | Director | 18 May 2010 | 16 Years 5 Months | Current |
Peer Comparison of Maha Technoplast Private Limited
Maha Technoplast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J and K Plastic Proofings Private Limited | ₹3.85 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Jammu and Kashmir, India |
| J.K. Polypet Private Limited | ₹3.84 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Surat, Gujarat, India |
| Shri Balaji Moulds Private Limited | ₹3.84 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Villivakkam, Madras, Tamil Nadu, India |
| Polyfab Agro House Private Limited | ₹3.84 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Kalwad, Rajasthan, India |
| Ti Tyagi Industries Private Limited | ₹3.83 Cr (FY 2024) | •••• | •••• | •••• | Dewas, Madhya Pradesh, India | |
| Maha Technoplast Private Limited this company | ₹3.83 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Thane, Maharashtra, India |
| Hi 5 LMR Private Limited | ₹3.83 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Chennai, Tamil Nadu, India |
| Aerolix Pipes Private Limited | ₹3.83 Cr (FY 2023) | •••• | •••• | 42.0% | •••• | Bahadurgarh, Haryana, India |
| Paramount Adhesive Tapes Private Limited | ₹3.83 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Saffron Proplus Private Limited | ₹3.82 Cr (FY 2018) | •••• | •••• | -41.0% | •••• | Bangalore, Karnataka, India |
| Oshiwara Synthetics Pvt Ltd | ₹3.81 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maha Technoplast by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maha Technoplast Private Limited
Maha Technoplast Private Limited is audited by SHIVKUMAR SHARMA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIVKUMAR SHARMA & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Maha Technoplast Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Charges & Borrowings of Maha Technoplast Private Limited
Open charges
₹52.45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | Hdfc Bank Limited | ₹15.9 Lakh | Open |
| 13 May 2014 | Icici Home Finance Company Limited | ₹36.55 Lakh | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Maha Technoplast Private Limited
Maha Technoplast Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Phychem Technologies Limited | •••• | •••• | •••• |
| Heera Roto Compounds | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Megh Polymers | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Maha Technoplast Private Limited
Employment history and EPFO contributions of people linked to Maha Technoplast.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Maha Technoplast Private Limited
Maha Technoplast Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Netik Rajeshkumar Sethi was appointed as Director on 18 May 2010.
AGM
Maha Technoplast Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maha Technoplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.90 Lakh with Charge ID 100906671 was registered on 13 Feb 2024.
Charges
A charge with Icici Home Finance Company Limited amounted to Rs. 36.55 Lakh with Charge ID 10489669 was registered on 13 May 2014.
Appointed
Netik Rajeshkumar Sethi was appointed as Director.
Appointed
Sabita Rajesh Sethi was appointed as Director.
Incorporation
18 May 2010
Maha Technoplast Private Limited was registered on 18 May 2010 with Roc Mumbai & aged 16 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Maha Technoplast Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of Maha Technoplast Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Maha Technoplast Private Limited
Maha Technoplast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM5747D1ZE | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Maha Technoplast Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Maha Technoplast Private Limited
Maha Technoplast is an active private limited company based in Thane, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 May 2010 (16+ years old) and is registered under CIN U24139MH2010PTC203338.
Maha Technoplast reported revenue of ₹3.83 Cr for FY 2024 (down 14% YoY).
Maha Technoplast has 2 current directors:
- Sabita Rajesh Sethi - Director
- Netik Rajeshkumar Sethi - Director
Maha Technoplast reported a net profit of ₹5.97 Lakh (net margin 1.6%) and EBITDA of ₹40.3 Lakh (EBITDA margin 10.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maha Technoplast is 32% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maha Technoplast is 27AAGCM5747D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maha Technoplast is U24139MH2010PTC203338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maha Technoplast was incorporated on 18 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maha Technoplast by revenue are J and K Plastic Proofings Private Limited, J.K. Polypet Private Limited, Shri Balaji Moulds Private Limited, Polyfab Agro House Private Limited, Ti Tyagi Industries Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Netik Rajeshkumar Sethi was appointed as Director on 18 May 2010. Sabita Rajesh Sethi was appointed as Director on 18 May 2010.
Yes, Maha Technoplast is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0063949).
Maha Technoplast has 2 MSME Form 1 returns on record between 2018 and 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 21 Jun 2019.