About Masterplast India Private Limited
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Masterplast India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 06 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2006PTC165366. Its GSTIN is 23AAHCA7699H1ZA (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Atithi Agricultural Private Limited and Atithi Constructions Private Limited. It is led by directors Baldev Singh Thakur and Alok Kumar Mehta.
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 530 Nav Vyapar Bhavan 49 P.D' Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2024, the company reported a revenue of ₹106.84 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹3.38 Cr (net margin 3.2%) and EBITDA of ₹6.17 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹83 Lakh 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 masterplast.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address530 Nav Vyapar Bhavan 49 P.D' Mello Road Carnac Bunder, Mumbai, Maharashtra, India – 400009
- 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
Name History of Masterplast India Private Limited
Masterplast India has undergone 2 name changes throughout its history. The company was previously known as Atithi Agricultural Private Limited, and Atithi Constructions Private Limited. The current legal name is Masterplast India Private Limited.
| Company Name | Status |
|---|---|
| Masterplast India Private Limited | Current |
| Atithi Agricultural Private Limited | Previous |
| Atithi Constructions Private Limited | Previous |
CIN History of Masterplast India Private Limited
Masterplast India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25200MH2006PTC165366, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200MH2006PTC165366 | Current |
| U45201MH2006PTC165366 | Previous |
| U01400MH2006PTC165366 | Previous |
Business Activity of Masterplast India Private Limited
The main business activity of Masterplast India 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.
Auditor Details of Masterplast India Private Limited
Masterplast India Private Limited is audited by DAFRIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DAFRIA & 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 Masterplast India Private Limited
Masterplast India 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 |
|---|---|---|---|---|
| Baldev Singh Thakur | Director | 16 Dec 2013 | 12 Years 9 Months | Current |
| Alok Kumar Mehta Also directs: Panther Tyres Private Limited | Director | 15 Nov 2013 | 12 Years 10 Months | Current |
Financials of Masterplast India Private Limited FY 2025 filings available
Masterplast India Private Limited reported revenue of ₹106.84 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Masterplast India Private Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 22% 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 Masterplast India 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 | ₹6.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.38 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 of Masterplast India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Masterplast India 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.
Ownership and Shareholding of Masterplast India 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 Masterplast India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2025 | Others | ₹63 Lakh | Open |
| 06 Nov 2024 | Others | ₹20 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Masterplast India Private Limited
Employment history and EPFO contributions of people linked to Masterplast India.
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.
GST Compliance of Masterplast India Private Limited
Masterplast India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCA7699H1ZA | Madhya Pradesh | 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.
Credit Ratings, Litigation & Regulatory Alerts for Masterplast India 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 Masterplast India 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 Masterplast India 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.
MCA Filings & Documents of Masterplast India 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.
Recent Activity on Masterplast India Private Limited
Frequently Asked Questions about Masterplast India Private Limited
Masterplast India is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 06 November 2006 (20+ years old) and is registered under CIN U25200MH2006PTC165366.
Masterplast India reported revenue of ₹106.84 Cr for FY 2024 (down 25% YoY).
Masterplast India has 2 current directors:
- Baldev Singh Thakur - Director
- Alok Kumar Mehta - Director
Masterplast India reported a net profit of ₹3.38 Cr (net margin 3.2%) and EBITDA of ₹6.17 Cr (EBITDA margin 5.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Masterplast India is 14% over three years and 16% over five years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Masterplast India is 23AAHCA7699H1ZA, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Masterplast India is U25200MH2006PTC165366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masterplast India was incorporated on 06 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Masterplast India can be reached through the website masterplast.in. Its registered office is in Mumbai, Maharashtra, India.