About Makevale Acrylics Private Limited
Data last updated:
Makevale Acrylics Private Limited is a private limited company based in Post Mokshi, Gujarat, India, a subsidiary of Makevale Group Limited. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 25 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24247GJ2007PTC052048. Its GSTIN is 24AAFCM2737E1ZR (Gujarat).
The company has an authorised share capital of ₹16.2 Cr and a paid-up capital of ₹16.13 Cr. It is led by directors including Krunal Dilipbhai Desai and Kishorkumar Kantilal Naik.
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 Survey No. – 372 373 374/1 & 2 Sankarda Bhadarva Road Taluk Savli, Post Mokshi, Gujarat, India – 391780.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.4 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.11 Cr (net margin 10.8%) and EBITDA of ₹9.84 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makevale.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. – 372 373 374/1 & 2 Sankarda Bhadarva Road Taluk Savli, Post Mokshi, Gujarat, India – 391780
- IndustryManufacturing, Plastic & Resins
- 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
- One PDF report, delivered after checkout
Business Activity of Makevale Acrylics Private Limited
The main business activity of Makevale Acrylics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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 Makevale Acrylics Private Limited FY 2025 filings available
Makevale Acrylics Private Limited reported revenue of ₹56.4 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Makevale Acrylics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 34% growth in the latest year. EBITDA rose 6% 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 Makevale Acrylics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹9.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.11 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Makevale Acrylics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.8% | •••• | •••• | •••• | •••• |
| 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 Makevale Acrylics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Makevale Acrylics Private Limited
Makevale Acrylics Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Plastek Innovations Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Peeco Polytech Private Limited | •••• | •••• | •••• | •••• | 51 | New Delhi, Delhi, India |
| Polyfilltechnologies LLP | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Allied Foams Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Atharva Polymers Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Makevale Acrylics Private Limited this company | •••• | •••• | •••• | •••• | - | Post Mokshi, Gujarat, India |
| Siddh Chemiplast Private Limited | •••• | •••• | •••• | •••• | 85 | Delhi, India |
| Synpol Products Private Limited | •••• | •••• | •••• | •••• | 90 | Ahmedabad, Gujarat, India |
| BDG Polysteel Limited | •••• | •••• | •••• | •••• | 41 | Kolkata, West Bengal, India |
| Srichakra Safar Ecopet Private Limited | •••• | •••• | •••• | •••• | 120 | Wankaner, Gujarat, India |
| Tenax India Industrial Chemical Private Limited | •••• | •••• | •••• | •••• | 31 | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Makevale Acrylics by revenue in the Manufacturing industry (Plastics and Resins), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Makevale Acrylics Private Limited
Makevale Acrylics Private Limited is audited by K.C. Mehta & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.C. Mehta & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Makevale Acrylics Private Limited
Makevale Acrylics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krunal Dilipbhai Desai | Director | 19 Oct 2015 | 10 Years 11 Months | Current |
| Kishorkumar Kantilal Naik | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Samit Ahir | Director | 25 Oct 2007 | 18 Years 11 Months | Current |
Ownership and Shareholding of Makevale Acrylics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Makevale Acrylics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2019 | Others | ₹3.5 Cr | Open |
| 27 Aug 2022 | Others | ₹1.5 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Makevale Acrylics Private Limited
Makevale Acrylics Private Limited has 2 court cases on record: 2 filed by Makevale Acrylics. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Makevale Acrylics Private Limited
Makevale Acrylics Private Limited has a workforce of 18 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Makevale Acrylics Private Limited
Makevale Acrylics Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Kishorkumar Kantilal Naik ceased to be Additional Director on 31 Dec 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Makevale Acrylics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Makevale Acrylics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Makevale Acrylics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Makevale Acrylics Private Limited
Makevale Acrylics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM2737E1ZR | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Makevale Acrylics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Makevale Acrylics Private Limited
Makevale Acrylics is an active private limited company based in Post Mokshi, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 25 October 2007 (19+ years old) and is registered under CIN U24247GJ2007PTC052048.
Makevale Acrylics reported revenue of ₹56.4 Cr for FY 2025 (up 34% YoY).
Makevale Acrylics has 3 current directors:
- Krunal Dilipbhai Desai - Director
- Kishorkumar Kantilal Naik - Director
- Samit Ahir - Director
Makevale Acrylics reported a net profit of ₹6.11 Cr (net margin 10.8%) and EBITDA of ₹9.84 Cr (EBITDA margin 17.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Makevale Acrylics is 16% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Makevale Acrylics is 24AAFCM2737E1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Makevale Acrylics is U24247GJ2007PTC052048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makevale Acrylics has 2 court cases on record: 2 filed by the company.
Makevale Acrylics was incorporated on 25 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Makevale Acrylics by revenue are Plastek Innovations Private Limited, Peeco Polytech Private Limited, Polyfilltechnologies LLP, Allied Foams Private Limited, Atharva Polymers Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Kishorkumar Kantilal Naik ceased to be Additional Director on 31 Dec 2020. Kishorkumar Kantilal Naik was appointed as Director on 03 Dec 2020. Vallabhbhai Bhanabhai Ahir ceased to be Director on 27 Mar 2018. Makevale Acrylics has 7 board changes on record in total.