MBR Flexibles Limited

MBR Flexibles Limited - plastics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U21000GJ2010PLC062715 Incorporated 22 October 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company plastics MSME · Medium
Data last updated
Revenue · FY 2024
₹136.51 Cr
▲ 3% YoY
Net profit · FY 2024
₹85.74 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹8.12 Cr
EBITDA margin 5.9%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Open charges
₹57.17 Cr
Satisfied ₹18.81 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
248
Provident fund records

About MBR Flexibles Limited

Data last updated:

MBR Flexibles Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 22 October 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2010PLC062715. Its GSTIN is 24AAGCM8140E1ZP (Gujarat).

The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.02 Cr. It was formerly known as Mbr Flexibles Private Limited. It is led by directors including Sahil Chopra and Sagar Kumar Chopra.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹136.51 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹85.74 Lakh (net margin 0.6%) and EBITDA of ₹8.12 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.

The company has about 248 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹57.17 Cr and satisfied charges of ₹18.81 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 1 case is pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.79 Cr; the latest was in February 2020.

MBR Flexibles Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0009628). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mbrflexibles.com.

Company details

CIN U21000GJ2010PLC062715
Registration Number 062715
Incorporation Date 22 October 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0009628

CIN history

MBR Flexibles has one previous CIN (Corporate Identification Number): U21000GJ2010PTC062715. The current CIN is U21000GJ2010PLC062715, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U21000GJ2010PLC062715Current
U21000GJ2010PTC062715Previous
Key People
Sahil Chopra Director Sagar Kumar Chopra Director Monika Bhandari Director

Recognitions & Rankings of MBR Flexibles

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0009628

Contact details

MBR Flexibles Limited's registered office is in Ahmedabad, Gujarat. Its website is mbrflexibles.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mbrflexibles.com
  • Registered Address
    79/80 Nr. Chacharwadi Temple B/H Pradeep Overseas Sarkhej – Bavla Hig, Hway, Ahmedabad, Gujarat, India – 382213
  • Industry
    Plastics, Non-Metallic Mineral Products, Fabricated Metal Products, Plastic Products, Rubber Products

To see the full contact details of MBR Flexibles Limited, buy the company report.

Comprehensive company report
MBR Flexibles 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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Financials of MBR Flexibles Limited

FY 2024 filings available

MBR Flexibles Limited reported revenue of ₹136.51 Cr (up 3% YoY) for FY 2024.

Revenue · FY 2024
₹136.51 Cr ▲ 3%
Net profit · FY 2024
₹85.74 Lakh margin 0.6%
EBITDA · FY 2024
₹8.12 Cr margin 5.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 14%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 3%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA rose 3% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹136.51 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹85.74 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.9%
Net Profit Margin0.6%
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 MBR Flexibles Limited, buy the company report.

Board of directors of MBR Flexibles Limited

MBR Flexibles has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sahil ChopraDirector22 Mar 20197 Years 7 MonthsCurrent
Sagar Kumar ChopraDirector22 Oct 201016 Years 0 MonthsCurrent
Monika BhandariDirector17 Mar 20233 Years 7 MonthsCurrent
Ruchi Prabodhchandra Halakhandi
Also directs: Anjani Synthetics Limited
Director15 Mar 20233 Years 7 MonthsCurrent
Mahaveer Chand ChopraDirector13 Aug 20197 Years 2 MonthsCurrent
Mohit Kumar ChopraDirector22 Oct 201016 Years 0 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

MBR Flexibles Limited is audited by PIPARA & CO LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
PIPARA & CO LLPFY 2024107929W/W100219

Shareholding

The shareholding of MBR Flexibles 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 MBR Flexibles Limited, buy the company report.

Charges & borrowings

Open charges
₹57.17 Cr
Satisfied charges
₹18.81 Cr
Breakdown by lending institutions
Others₹40.57 Cr
Standard Chartered Bank₹16.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Dec 2024101030194Standard Chartered Bank₹16 CrOpen
28 Jun 2024100949720Standard Chartered Bank₹59.5 LakhOpen
03 Jun 2022100586251Others₹1.8 CrOpen
08 Sep 2021100484410Others₹2.5 CrOpen
15 Jul 2020100361741Others₹2.1 CrOpen

To see the full charge records of MBR Flexibles Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

MBR Flexibles Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.79 Cr; the latest was in February 2020.

Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹6.79 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Feb 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2015Funding round₹30 LakhInvestors: Santokchand Manakchand HUF, Mahaveerchand Yashkumar HUF, Manakchand Siddharth HUF, an individual
Dec 2012Funding round₹3.46 CrInvestors: Manakchand Siddharth HUF, Motilal Sagarkumar HUF, 2 individuals
Dec 2011Funding round₹2.96 CrInvestors: Santokchand Manakchand HUF, Manakchand Siddharth HUF, 2 individuals
Jan 2011Funding round₹8 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

MBR Flexibles Limited was last rated by Icra on 30 Sep 2021.

Rating agencyRated onRating
Icra30 Sep 2021

To see the full credit ratings and regulatory alerts of MBR Flexibles Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MBR Flexibles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

MBR Flexibles Limited has a workforce of 248 employees on its EPFO records as of Feb 26, 2025, across 1 active EPFO establishment.

Employee count
248
Active EPFO establishments
1

GST

MBR Flexibles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCM8140E1ZPGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of MBR Flexibles Limited, buy the company report.

Recent activity

MBR Flexibles Limited has 12 board changes on record since 2010: 7 appointments and 5 cessations. The latest: Monika Bhandari ceased to be Additional Director on 29 Sep 2023.

AGM
Mbr Flexibles Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 16.00 Cr registered on 24 Dec 2024 with Charge ID 101030194 was modified on 01 May 2025.
Charges
A charge with Standard Chartered Bank amounted to Rs. 16.00 Cr with Charge ID 101030194 was registered on 24 Dec 2024.
Charges
A charge with Standard Chartered Bank of Rs. 0.60 Cr registered on 28 Jun 2024 with Charge ID 100949720 was modified on 18 Dec 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 0.60 Cr with Charge ID 100949720 was registered on 28 Jun 2024.
Charges
A charge with Others of Rs. 34.17 Cr registered on 20 Feb 2016 with Charge ID 10623507 was modified on 08 Apr 2024.
Filing
Mbr Flexibles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Monika Bhandari ceased to be Additional Director.
Ceased
Ruchi Prabodhchandra Halakhandi ceased to be Additional Director.
Appointed
Monika Bhandari was appointed as Director.
Appointed
Ruchi Prabodhchandra Halakhandi was appointed as Director.
Charges
A charge registered on 15 Jun 2021 via Charge ID 100457243 with Standard Chartered Bank was fully satisfied on 04 Jul 2022.

19 earlier events are in the company report.

Frequently asked questions

MBR Flexibles is an active public limited company based in Ahmedabad, Gujarat, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 22 October 2010 (16+ years old) and is registered under CIN U21000GJ2010PLC062715.

MBR Flexibles has 7 current directors:

The latest financial statements of MBR Flexibles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of MBR Flexibles is 24AAGCM8140E1ZP, registered in Gujarat.

The CIN (Corporate Identification Number) of MBR Flexibles is U21000GJ2010PLC062715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MBR Flexibles has 16 court cases on record: 12 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.

MBR Flexibles was incorporated on 22 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

MBR Flexibles has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.79 Cr; the latest was in February 2020.

Monika Bhandari ceased to be Additional Director on 29 Sep 2023. Ruchi Prabodhchandra Halakhandi ceased to be Additional Director on 29 Sep 2023. Monika Bhandari was appointed as Director on 17 Mar 2023. MBR Flexibles has 12 board changes on record in total.

Yes, MBR Flexibles is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0009628).