Microplast Polytex Industries Private Limited

Microplast Polytex Industries Private Limited - packaging in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2013PTC240232 Incorporated 06 February 2013 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company packaging
Data last updated
Revenue · FY 2024
₹37.5 Cr
▲ 32% YoY
Net profit · FY 2024
₹16.67 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹2.04 Cr
EBITDA margin 5.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.57 Cr
Issued & subscribed
Open charges
₹26.6 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
35
Provident fund records

About Microplast Polytex Industries Private Limited

Data last updated:

Microplast Polytex Industries Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 06 February 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC240232. Its GSTIN is 27AAICM4528L1Z2 (Maharashtra).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.57 Cr. It is led by directors including Praddyuman Roongta and Prerna Milind Meshram.

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 Nagpur, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹37.5 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹16.67 Lakh (net margin 0.4%) and EBITDA of ₹2.04 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.

The company has about 35 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹26.6 Cr on record. Court records list 2 cases involving the company, including 2 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 microplastwovens.com.

Company Details of Microplast Polytex Industries Private Limited
CIN U74120MH2013PTC240232
Registration Number 240232
Incorporation Date 06 February 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    P/N 2 W/N 74 Ashok Colony Near Telecom Nagar Bus Stop Telecom Nag, Ar, Nagpur, Maharashtra, India – 440022
  • Industry
    Packaging, Woven Packaging Products
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Financials, compliance, directors, charges, ownership and filings for Microplast Polytex Industries Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Microplast Polytex Industries Private Limited

The main business activity of Microplast Polytex Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Auditor Details of Microplast Polytex Industries Private Limited

Microplast Polytex Industries Private Limited is audited by D L & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
D L & ASSOCIATESLockedLockedLocked
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Board of Directors of Microplast Polytex Industries Private Limited

Microplast Polytex Industries has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Praddyuman RoongtaDirector09 May 20197 Years 4 MonthsCurrent
Prerna Milind MeshramDirector06 Feb 201313 Years 8 MonthsCurrent
Pallavi Ashok ShamkuleDirector06 Feb 201313 Years 8 MonthsCurrent
Renukadevi Nanaji ShyamkuleDirector06 Feb 201313 Years 8 MonthsCurrent
Amol Nanaji ShamkuleDirector06 Feb 201313 Years 8 MonthsCurrent

Financials of Microplast Polytex Industries Private Limited FY 2024 filings available

Microplast Polytex Industries Private Limited reported revenue of ₹37.5 Cr (up 32% YoY) for FY 2024.

Revenue · FY 2024
₹37.5 Cr ▲ 32%
Net profit · FY 2024
₹16.67 Lakh margin 0.4%
EBITDA · FY 2024
₹2.04 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR) of Microplast Polytex Industries Private Limited

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 5%
5 years · compounded
▲ 6%
EBITDA CAGR growth
3 years · compounded
▼ 5%
5 years · compounded
▼ 9%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 32% growth 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 Microplast Polytex Industries Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.04 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹16.67 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 of Microplast Polytex Industries Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.4%••••••••••••••••
Net Profit Margin0.4%••••••••••••••••
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 Microplast Polytex Industries are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Microplast Polytex Industries Private Limited

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Charges & Borrowings of Microplast Polytex Industries Private Limited

Open charges
₹26.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹26.60 Cr
Latest charge details
DateLenderAmountStatus
17 Dec 2024Canara Bank₹30 LakhOpen
19 Oct 2022Canara Bank₹16 LakhOpen
04 Aug 2022Canara Bank₹22 LakhOpen
29 Sep 2014Canara Bank₹25.92 CrOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Microplast Polytex Industries Private Limited

Microplast Polytex Industries Private Limited has a workforce of 35 employees as of Apr 07, 2024.

Employee count
35
Active EPFO establishments
1
Employee growth
-23.91%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Microplast Polytex Industries Private Limited

Microplast Polytex Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICM4528L1Z2MaharashtraActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Microplast Polytex Industries Private Limited

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MSME Payment Delays by Microplast Polytex Industries Private Limited

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Subsidiaries & Group Companies of Microplast Polytex Industries Private Limited

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MCA Filings & Documents of Microplast Polytex Industries Private Limited

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Recent Activity on Microplast Polytex Industries Private Limited

Charges
17 Dec 2024
A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 101029106 was registered on 17 Dec 2024.
Charges
17 Dec 2024
A charge with Canara Bank of Rs. 25.92 Cr registered on 29 Sep 2014 with Charge ID 10525826 was modified on 17 Dec 2024.
Activity
30 Sep 2024
Microplast Polytex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Microplast Polytex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
19 Oct 2022
A charge with Canara Bank amounted to Rs. 0.16 Cr with Charge ID 100662495 was registered on 19 Oct 2022.
Charges
04 Aug 2022
A charge with Canara Bank amounted to Rs. 0.22 Cr with Charge ID 100630106 was registered on 04 Aug 2022.

Frequently Asked Questions about Microplast Polytex Industries Private Limited

Microplast Polytex Industries is an active private limited company based in Nagpur, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 06 February 2013 (13+ years old) and is registered under CIN U74120MH2013PTC240232.

Microplast Polytex Industries reported revenue of ₹37.5 Cr for FY 2024 (up 32% YoY).

Microplast Polytex Industries has 5 current directors:

Microplast Polytex Industries reported a net profit of ₹16.67 Lakh (net margin 0.4%) and EBITDA of ₹2.04 Cr (EBITDA margin 5.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Microplast Polytex Industries is 5% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Microplast Polytex Industries is 27AAICM4528L1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Microplast Polytex Industries is U74120MH2013PTC240232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Microplast Polytex Industries has 2 court cases on record: 2 filed by the company. 1 is pending.

Microplast Polytex Industries was incorporated on 06 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

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