About Mahalasa Polyplast Private Limited
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Mahalasa Polyplast Private Limited is a private limited company based in Goa, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 14 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24232GA1993PTC001319. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12.5 Lakh and a paid-up capital of ₹12.5 Lakh. It was formerly known as Mahalasa Chem Private Limited. It is led by directors Naresh Shrinivas Pai and Laxmi Naresh Pai.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 5 Madhukaralto Provorim Bardez, Goa, India – 403521.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.66 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.53 Lakh (net margin 39.2%) and EBITDA of ₹8.79 Lakh (EBITDA margin 52.8%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹8 Lakh and satisfied charges of ₹43.75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahalasapharma.com.
Company details
Contact details
Mahalasa Polyplast Private Limited's registered office is in Goa. Its website is mahalasapharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 5 Madhukaralto Provorim Bardez, Goa, India – 403521
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Mahalasa Polyplast 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 Mahalasa Polyplast is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Mahalasa Polyplast Private Limited, buy the company report.
Financials of Mahalasa Polyplast Private Limited
FY 2025 filings availableMahalasa Polyplast Private Limited reported revenue of ₹16.66 Lakh (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 2% growth in the latest year. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.79 Lakh | ||||
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| Net Profit (PAT) | ₹6.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 52.8% | ||||
| Net Profit Margin | 39.2% | ||||
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To see the full financial statements and ratios of Mahalasa Polyplast Private Limited, buy the company report.
Board of directors of Mahalasa Polyplast Private Limited
Mahalasa Polyplast has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Shrinivas Pai | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Laxmi Naresh Pai | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Mahalasa Polyplast Private Limited is audited by R. K. PIKALE & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. K. PIKALE & CO. | FY 2022 | 107919W |
Shareholding
The shareholding of Mahalasa Polyplast Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahalasa Polyplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 1995 | 90076694 | Canara Bank | ₹7 Lakh | Open | |
| 13 Jun 1995 | 90077146 | Canara Bank | ₹1 Lakh | Open | |
| 24 Nov 1995 | 90075701 | The Maharashtra State Financial Co-Op; | ₹43.75 Lakh | Satisfied |
To see the full charge records of Mahalasa Polyplast Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Mahalasa Polyplast Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahalasa Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahalasa Polyplast 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 Mahalasa Polyplast Private Limited, buy the company report.
Recent activity
Mahalasa Polyplast Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Naresh Shrinivas Pai ceased to be Additional Director on 13 Sep 2022.
3 earlier events are in the company report.
Frequently asked questions
Mahalasa Polyplast is an active private limited company based in Goa, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 14 January 1993 (33+ years old) and is registered under CIN U24232GA1993PTC001319.
Mahalasa Polyplast has 2 current directors:
- Naresh Shrinivas Pai - Director
- Laxmi Naresh Pai - Director
The latest financial statements of Mahalasa Polyplast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Mahalasa Polyplast has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahalasa Polyplast is U24232GA1993PTC001319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalasa Polyplast was incorporated on 14 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Goa.
Naresh Shrinivas Pai ceased to be Additional Director on 13 Sep 2022. Umesh Srinivas Pai ceased to be Director on 26 Mar 2022. Naresh Shrinivas Pai was appointed as Director on 14 Mar 2022. Mahalasa Polyplast has 7 board changes on record in total.
Mahalasa Polyplast can be reached through the website mahalasapharma.com. Its registered office is in Goa, India.
The registered office of Mahalasa Polyplast is at B – 5 Madhukaralto Provorim Bardez, Goa, India – 403521.
Mahalasa Polyplast operates in the manufacturing industry, in the plastic and resins segment.