Maini Plastics and Composites Private Limited

Maini Plastics and Composites Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U25208KA2009PTC051684 Incorporated 01 December 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2025
₹45.98 Cr
▲ 20% YoY
Net profit · FY 2025
₹3.24 Cr
Net margin 7.1%
EBITDA · FY 2025
₹4.94 Cr
EBITDA margin 10.7%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹9.98 Cr
Issued & subscribed
Open charges
₹1.75 Cr
Satisfied ₹5.12 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Maini Plastics and Composites Private Limited

Data last updated:

Maini Plastics and Composites Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 01 December 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25208KA2009PTC051684. Its GSTIN is 29AAGCM2734G1ZF (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹9.98 Cr. It is led by directors including Sandeep Kumar Maini and Bhuvanagiri Kodhandapani Govardhan Murthy.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.38 Maini Sadan 7th Cross Lavelle Road, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2025, the company reported a revenue of ₹45.98 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 7.1%) and EBITDA of ₹4.94 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.

As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹5.12 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.

Maini Plastics and Composites Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011821). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mainiplastcomp.in.

Company details

CIN U25208KA2009PTC051684
Registration Number 051684
Incorporation Date 01 December 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0011821
Key People
Sandeep Kumar Maini Director Bhuvanagiri Kodhandapani Govardhan Murthy Director Gautam Kumar Maini Director

Recognitions & Rankings of Maini Plastics and Composites

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0011821

Contact details

Maini Plastics and Composites Private Limited's registered office is in Bangalore, Karnataka. Its website is mainiplastcomp.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mainiplastcomp.in
  • Registered Address
    No.38 Maini Sadan 7th Cross Lavelle Road, Bangalore, Karnataka, India – 560001
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Maini Plastics and Composites Private Limited, buy the company report.

Comprehensive company report
Maini Plastics and Composites 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 Maini Plastics and Composites is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Maini Plastics and Composites Private Limited, buy the company report.

Financials of Maini Plastics and Composites Private Limited

FY 2025 filings available

Maini Plastics and Composites Private Limited reported revenue of ₹45.98 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹45.98 Cr ▲ 20%
Net profit · FY 2025
₹3.24 Cr margin 7.1%
EBITDA · FY 2025
₹4.94 Cr margin 10.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 17%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 20% growth in the latest year. EBITDA fell 8% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹45.98 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.24 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.7%
Net Profit Margin7.1%
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 Maini Plastics and Composites Private Limited, buy the company report.

Board of directors of Maini Plastics and Composites Private Limited

Maini Plastics and Composites has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandeep Kumar Maini
Also directs: Virya Mobility 5.0 LLP, JK Maini Precision Technology Limited, Virya Autonomous Technologies Private Limited and 5 more
Director01 Dec 200916 Years 10 MonthsCurrent
Bhuvanagiri Kodhandapani Govardhan Murthy
Also directs: G.M.H Industries Private Limited
Director15 Mar 20188 Years 7 MonthsCurrent
Gautam Kumar Maini
Also directs: Virya Mobility 5.0 LLP, Redd Canary Productions LLP, JK Maini Precision Technology Limited and 5 more
Director01 Dec 200916 Years 10 MonthsCurrent
View all directors

Auditor

Maini Plastics and Composites Private Limited is audited by P. DILIP KUMAR & ASSOCIATES for the financial year 2025.

Auditor firmFinancial yearFirm registration number
P. DILIP KUMAR & ASSOCIATESFY 2025010107S

Shareholding

The shareholding of Maini Plastics and Composites Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maini Plastics and Composites Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.75 Cr
Satisfied charges
₹5.12 Cr
Breakdown by lending institutions
Others₹1.22 Cr
Hdfc Bank Limited₹0.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Apr 2023100753793Hdfc Bank Limited₹40 LakhOpen
16 Mar 2023100728378Others₹21.83 LakhOpen
29 Jul 2022100620985Hdfc Bank Limited₹13 LakhOpen
17 Sep 2019100293476Others₹1 CrOpen
24 Apr 201510565272Citi Bank N.A.₹12 LakhSatisfied

To see the full charge records of Maini Plastics and Composites Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

Maini Plastics and Composites Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 16 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Arihant Gold Plast Private Limited
Mandhana Polymers Private Limited
Zylog Elastocomp LLP

To see the full MSME payment records of Maini Plastics and Composites Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Maini Plastics and Composites has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAGCM2734G1ZFKarnatakaActive01 Jul 2017
05AAGCM2734G1ZPUttarakhandActive10 Jul 2017

To see the full GST registrations and return filing status of Maini Plastics and Composites Private Limited, buy the company report.

Recent activity

Maini Plastics and Composites Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Pallav Choudhary ceased to be Company Secretary on 30 Jun 2019.

AGM
Maini Plastics And Composites Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maini Plastics And Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100753793 was registered on 21 Apr 2023.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100728378 was registered on 16 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100620985 was registered on 29 Jul 2022.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100293476 was registered on 17 Sep 2019.
Ceased
Pallav Choudhary ceased to be Company Secretary.
Ceased
Bhuvanagiri Kodhandapani Govardhan Murthy ceased to be Additional Director.
Ceased
Prabhakara Raghavendra ceased to be Company Secretary.
Charges
A charge registered on 24 Apr 2015 via Charge ID 10565272 with Citi Bank N.A. was fully satisfied on 07 Jun 2018.
Charges
A charge registered on 12 Sep 2011 via Charge ID 10306510 with Citi Bank N.A. was fully satisfied on 07 Jun 2018.
Charges
A charge registered on 30 Jul 2010 via Charge ID 10234596 with Citi Bank N.A was fully satisfied on 07 Jun 2018.

8 earlier events are in the company report.

Frequently asked questions

Maini Plastics and Composites is an active private limited company based in Bangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 01 December 2009 (17+ years old) and is registered under CIN U25208KA2009PTC051684.

Maini Plastics and Composites has 3 current directors:

The latest financial statements of Maini Plastics and Composites on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Maini Plastics and Composites is 29AAGCM2734G1ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 05AAGCM2734G1ZP (Uttarakhand).

The CIN (Corporate Identification Number) of Maini Plastics and Composites is U25208KA2009PTC051684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maini Plastics and Composites has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.

Maini Plastics and Composites was incorporated on 01 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.

Pallav Choudhary ceased to be Company Secretary on 30 Jun 2019. Bhuvanagiri Kodhandapani Govardhan Murthy ceased to be Additional Director on 31 Jul 2018. Prabhakara Raghavendra ceased to be Company Secretary on 01 Jul 2018. Maini Plastics and Composites has 7 board changes on record in total.

Yes, Maini Plastics and Composites is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0011821).

Maini Plastics and Composites has 2 MSME Form 1 returns on record between 2019 and 2020, listing 16 overdue payments to 3 micro and small suppliers. The latest return was filed on 02 Jul 2020.

Maini Plastics and Composites can be reached through the website mainiplastcomp.in. Its registered office is in Bangalore, Karnataka, India.