About Manjeet Plastic Industries Private Limited
Data last updated:
Manjeet Plastic Industries Private Limited is a private limited company based in Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 23 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19202DL2005PTC137931. Its GSTIN is 06AAECM5325M2ZA (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.22 Cr. It is led by directors Rinku and Manish.
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 Flat No – 99 1st Floor Block – F Pocket – 25 Sector – 7 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.16 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹42.67 Lakh (net margin 78.8%) and EBITDA of ₹52.62 Lakh (EBITDA margin 97.2%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 24% over five years.
The company is associated with 1 brand: Manjeet Plastics. As per MCA filings, the company has open charges of ₹20.65 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website racerfootwear.com.
Company details
Contact details
Manjeet Plastic Industries Private Limited's registered office is in Delhi, Delhi. Its website is racerfootwear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No – 99 1st Floor Block – F Pocket – 25 Sector – 7 Rohini, Delhi, India – 110085
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Manjeet Plastic Industries 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
Brands
Manjeet Plastic Industries operates one associated brand: Manjeet Plastics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| PU shoes brand | racerfootwear.com |
Financials of Manjeet Plastic Industries Private Limited
FY 2025 filings availableManjeet Plastic Industries Private Limited reported revenue of ₹54.16 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 45% 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 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 | ₹52.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.67 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.2% | ||||
| Net Profit Margin | 78.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Manjeet Plastic Industries Private Limited, buy the company report.
Board of directors of Manjeet Plastic Industries Private Limited
Manjeet Plastic Industries has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rinku Also directs: JQR Sports (India) Private Limited, RPG Footwear Private Limited, JQR Footwear (India) Private Limited and 1 more | Director | 09 Nov 2021 | 5 Years 0 Months | Current |
| Manish Also directs: JQR Sports (India) Private Limited, RPG Footwear Private Limited | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
Peer comparison
Manjeet Plastic Industries Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Angelic Footwears Private Limited | ₹56.17 Lakh (FY 2025) | Delhi, India | ||||
| Vudsun Fabricam and Export Private Limited | ₹55.72 Lakh (FY 2018) | Chennai, Tamil Nadu, India | ||||
| Manjeet Plastic Industries Private Limitedthis company | ₹54.16 Lakh (FY 2024) | ₹42.67 Lakh | 78.8% | -44.0% | Delhi, India | |
| Skantrons Private Limited | ₹52.02 Lakh (FY 2025) | 85.0% | New Delhi, Delhi, India | |||
| JQR Footwear (India) Private Limited | ₹51.11 Lakh (FY 2025) | 6.0% | Bahadurgarh, Haryana, India |
To see the full peer comparison of Manjeet Plastic Industries Private Limited, buy the company report.
Auditor
Manjeet Plastic Industries Private Limited is audited by V S BANSAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S BANSAL & ASSOCIATES | FY 2023 | 030361N |
Shareholding
The shareholding of Manjeet Plastic Industries 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 Manjeet Plastic Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2022 | 100602508 | Hdfc Bank Limited | ₹20.65 Cr | Open | |
| 14 Sep 2012 | 10376029 | Bank of Baroda | ₹2.5 Cr | Satisfied |
To see the full charge records of Manjeet Plastic Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Manjeet Plastic Industries Private Limited has 1 court case on record: 1 filed by Manjeet Plastic Industries. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer, Ward 16(3) & Ors. | Pending |
To see the full case history of Manjeet Plastic Industries 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.
Credit ratings & regulatory alerts
Manjeet Plastic Industries Private Limited was last rated by Crisil on 14 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Sep 2020 |
To see the full credit ratings and regulatory alerts of Manjeet Plastic Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Manjeet Plastic Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manjeet Plastic Industries Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Manjeet Plastic Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECM5325M2ZA | Haryana | Active | 30 Jul 2022 |
To see the full GST registrations and return filing status of Manjeet Plastic Industries Private Limited, buy the company report.
Recent activity
Manjeet Plastic Industries Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Manish ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Manjeet Plastic Industries is an active private limited company based in Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 23 June 2005 (21+ years old) and is registered under CIN U19202DL2005PTC137931.
The latest financial statements of Manjeet Plastic Industries 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 Manjeet Plastic Industries is 06AAECM5325M2ZA, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Manjeet Plastic Industries is U19202DL2005PTC137931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manjeet Plastic Industries has 1 court case on record: 1 filed by the company. 1 is pending.
Manjeet Plastic Industries was incorporated on 23 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Manjeet Plastic Industries by revenue are Angelic Footwears Private Limited, Vudsun Fabricam and Export Private Limited, Skantrons Private Limited, JQR Footwear (India) Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Manish ceased to be Additional Director on 29 Sep 2023. Payal ceased to be Director on 08 Mar 2023. Manish was appointed as Director on 01 Mar 2023. Manjeet Plastic Industries has 10 board changes on record in total.
Manjeet Plastic Industries can be reached through the website racerfootwear.com. Its registered office is in Delhi, India.
The registered office of Manjeet Plastic Industries is at Flat No – 99 1st Floor Block – F Pocket – 25 Sector – 7 Rohini, Delhi, India – 110085.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
