MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0076966
Mahavir Polyfilms Private Limited - packaging in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹70.73 Cr
▼ 58% YoY
Net loss · FY 2025
₹16.71 Cr
Net margin -23.6%
EBITDA · FY 2025
-₹15.33 Cr
EBITDA margin -21.7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹40.58 Cr
Satisfied ₹2.83 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Mahavir Polyfilms Private Limited
Data last updated:
Mahavir Polyfilms Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 14 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2009PTC195757. Its GSTIN is 27AAGCM1704N1ZC (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Palak Jagdishbhai Shah and Jagdishkumar Maneklal Shah.
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 Bhiwandi, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.73 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹16.71 Cr (net margin -23.6%) and EBITDA of -₹15.33 Cr (EBITDA margin -21.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹40.58 Cr and satisfied charges of ₹2.83 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 4 cases are pending.
Mahavir Polyfilms Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0076966). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahavirpolyfilms.com.
Company details
CIN U74900MH2009PTC195757
Registration Number 195757
Incorporation Date 14 September 2009
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 Medium
Udyam Registration UDYAM-MH-19-0076966
Recognitions & Rankings of Mahavir Polyfilms
Contact details
Mahavir Polyfilms Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is mahavirpolyfilms.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala.No.5A Bldg.No.B1, Jay Jalaram Complex, Bhiwandi, Maharashtra, India – 421311
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Mahavir Polyfilms Private Limited, buy the company report.
Comprehensive company report
Mahavir Polyfilms 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 Mahavir Polyfilms is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahavir Polyfilms Private Limited, buy the company report.
Financials of Mahavir Polyfilms Private Limited
FY 2024 filings availableMahavir Polyfilms Private Limited reported revenue of ₹70.73 Cr (down 58% YoY) for FY 2025.
Revenue · FY 2025
₹70.73 Cr ▼ 58%
Net loss · FY 2025
₹16.71 Cr margin -23.6%
EBITDA · FY 2025
-₹15.33 Cr margin -21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 37%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 124%
5 years · compounded
▼ 70%
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 84% 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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| Total Expenses | |||||
| EBITDA | -₹15.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.71 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.7% | ||||
| Net Profit Margin | -23.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mahavir Polyfilms Private Limited, buy the company report.
Board of directors of Mahavir Polyfilms Private Limited
Mahavir Polyfilms has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palak Jagdishbhai Shah Also directs: PJ Shah Chem (OPC) Private Limited | Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Jagdishkumar Maneklal Shah | Director | 17 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Mahavir Polyfilms Private Limited is audited by MILIND MEHTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILIND MEHTA & CO | FY 2023 | 0129664W |
Shareholding
The shareholding of Mahavir Polyfilms 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 Mahavir Polyfilms Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.58 Cr
Satisfied charges
₹2.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2021 | 100503626 | Others | ₹37.57 Lakh | Open | |
| 17 Sep 2014 | 10524652 | Indian Bank | ₹19.96 Cr | Open | |
| 01 Aug 2011 | 10301975 | Indian Bank | ₹28 Lakh | Open | |
| 08 Jan 2011 | 10264498 | Indian Bank | ₹19.96 Cr | Open | |
| 01 Jun 2010 | 10225795 | Bank of India | ₹2.83 Cr | Satisfied |
To see the full charge records of Mahavir Polyfilms Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mahavir Polyfilms Private Limited has 9 court cases on record: 7 filed by Mahavir Polyfilms, 2 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
7
Filed against the company
2
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 3 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India and Anr | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Indian Bank | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and Anr and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Indian Bank | Disposed |
To see the full case history of Mahavir Polyfilms 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 Mahavir Polyfilms Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahavir Polyfilms has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM1704N1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Polyfilms Private Limited, buy the company report.
Recent activity
Mahavir Polyfilms Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Dipesh Bharat Shah ceased to be Additional Director on 29 Sep 2023.
AGM
Mahavir Polyfilms Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mahavir Polyfilms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Indian Bank of Rs. 19.96 Cr registered on 17 Sep 2014 with Charge ID 10524652 was modified on 28 Mar 2024.
Charges
A charge with Indian Bank of Rs. 19.96 Cr registered on 08 Jan 2011 with Charge ID 10264498 was modified on 12 Mar 2024.
Ceased
Dipesh Bharat Shah ceased to be Additional Director.
Ceased
Jagdishkumar Maneklal Shah ceased to be Additional Director.
Ceased
Palak Jagdishbhai Shah ceased to be Additional Director.
Appointed
Jagdishkumar Maneklal Shah was appointed as Director.
Appointed
Palak Jagdishbhai Shah was appointed as Director.
Ceased
Sundeep Mahendra Sanghavi ceased to be Director.
Ceased
Punit Shah ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.38 Cr with Charge ID 100503626 was registered on 15 Mar 2021.
10 earlier events are in the company report.
Frequently asked questions
Mahavir Polyfilms is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 14 September 2009 (17+ years old) and is registered under CIN U74900MH2009PTC195757.
Mahavir Polyfilms has 2 current directors:
- Palak Jagdishbhai Shah - Director
- Jagdishkumar Maneklal Shah - Director
The latest financial statements of Mahavir Polyfilms 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 Mahavir Polyfilms is 27AAGCM1704N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahavir Polyfilms is U74900MH2009PTC195757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Polyfilms has 9 court cases on record: 7 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Mahavir Polyfilms was incorporated on 14 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Dipesh Bharat Shah ceased to be Additional Director on 29 Sep 2023. Jagdishkumar Maneklal Shah ceased to be Additional Director on 29 Sep 2023. Palak Jagdishbhai Shah ceased to be Additional Director on 29 Sep 2023. Mahavir Polyfilms has 11 board changes on record in total.
Yes, Mahavir Polyfilms is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0076966).
Mahavir Polyfilms can be reached through the website mahavirpolyfilms.com. Its registered office is in Bhiwandi, Maharashtra, India.
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