About Malhar Plast Private Limited
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Malhar Plast Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 19 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2001PTC130927. Its GSTIN is 27AACCM7519H1ZC (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21 Lakh. It was formerly known as Malhar Engineering Company Private Limited. It is led by directors Harshad Goverdhan Vaswani and Malvika Goverdhan Vaswani.
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 Room No 7 Ground Floor Jamna Building 292 L.T.Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹59,763, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹10.09 Lakh and EBITDA of -₹9.83 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 63% over five years.
As per MCA filings, the company has satisfied charges of ₹3.55 Cr 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 lgp-global.com.
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- Registered AddressRoom No 7 Ground Floor Jamna Building 292 L.T.Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Wood Products & MDF
- 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
Financials of Malhar Plast Private Limited FY 2024 filings available
Malhar Plast Private Limited reported revenue of ₹59,763 (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Malhar Plast Private Limited
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 63%. EBITDA fell 16% 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 Malhar Plast 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 | -₹9.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.09 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 Malhar Plast Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Malhar Plast 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 Malhar Plast Private Limited
Malhar Plast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Great Western Woods Private Limited | ₹63,500 (FY 2023) | •••• | •••• | •••• | Ulhasnagar, Maharashtra, India | |
| Konark Plywood Industries Private Limited | ₹63,500 (FY 2023) | •••• | •••• | •••• | Ulhasnagar, Maharashtra, India | |
| Ati Limited | ₹61,000 (FY 2025) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Shah Laminates Private Limited | ₹60,000 (FY 2025) | •••• | •••• | •••• | Raipur, Chhattisgarh, India | |
| Shree Ramanand Industries Private Limited | ₹59,882 (FY 2025) | •••• | •••• | 6.0% | •••• | Karnal, Haryana, India |
| Malhar Plast Private Limited this company | ₹59,763 (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Bharat Wood Works Pvt Ltd | ₹59,121 (FY 2024) | •••• | •••• | -15.0% | •••• | Assam, India |
| Kaluram Laminates Private Limited | ₹55,835 (FY 2025) | •••• | •••• | -63.0% | •••• | Akola, Maharashtra, India |
| Kimberley Forestry Private Limited | ₹55,002 (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Saburi Ply Private Limited | ₹54,979 (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Anchor Plywood and Panel Products Private Limited | ₹53,882 (FY 2025) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Malhar Plast by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 Malhar Plast Private Limited
Malhar Plast Private Limited is audited by BIMAL BANKA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BIMAL BANKA & 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 Malhar Plast Private Limited
Malhar Plast 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 |
|---|---|---|---|---|
| Harshad Goverdhan Vaswani | Director | 28 May 2018 | 8 Years 4 Months | Current |
| Malvika Goverdhan Vaswani | Director | 28 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Malhar Plast 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 Malhar Plast Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Apr 2011 | Bank of Baroda | ₹95 Lakh | Satisfied |
| 21 May 2010 | Bank of Baroda | ₹2.2 Cr | Satisfied |
| 28 Dec 2002 | Bank of Baroda | ₹40 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Malhar Plast Private Limited
Employment history and EPFO contributions of people linked to Malhar Plast.
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.
CIN History of Malhar Plast Private Limited
Malhar Plast has one previous CIN (Corporate Identification Number): U74210MH2001PTC130927. The current CIN is U52100MH2001PTC130927, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2001PTC130927 | Current |
| U74210MH2001PTC130927 | Previous |
Recent Activity on Malhar Plast Private Limited
Malhar Plast Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Kanchan Goverdhan Vaswani ceased to be Director on 30 Aug 2019.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Malhar Plast 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 Malhar Plast 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 Malhar Plast 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 Malhar Plast Private Limited
Malhar Plast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM7519H1ZC | Maharashtra | 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 Malhar Plast 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 Malhar Plast Private Limited
Malhar Plast is an active private limited company based in Mumbai, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 19 February 2001 (25+ years old) and is registered under CIN U52100MH2001PTC130927.
Malhar Plast reported revenue of ₹59,763 for FY 2024 (up 6% YoY).
Malhar Plast has 2 current directors:
- Harshad Goverdhan Vaswani - Director
- Malvika Goverdhan Vaswani - Director
Malhar Plast reported a net loss of ₹10.09 Lakh and EBITDA of -₹9.83 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Malhar Plast is -63% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Malhar Plast is 27AACCM7519H1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Malhar Plast is U52100MH2001PTC130927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malhar Plast was incorporated on 19 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Malhar Plast by revenue are Great Western Woods Private Limited, Konark Plywood Industries Private Limited, Ati Limited, Shah Laminates Private Limited, Shree Ramanand Industries Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Kanchan Goverdhan Vaswani ceased to be Director on 30 Aug 2019. Harshad Goverdhan Vaswani ceased to be Additional Director on 29 Sep 2018. Malvika Goverdhan Vaswani ceased to be Additional Director on 29 Sep 2018. Malhar Plast has 7 board changes on record in total.
Malhar Plast can be reached through the website lgp-global.com. Its registered office is in Mumbai, Maharashtra, India.