Midland Plastics Limited
About Midland Plastics Limited
Data last updated:
Midland Plastics Limited is a public limited company based in Bhind, Madhya Pradesh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 02 February 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24111MP1984PLC002349. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.94 Cr. It is led by directors including Mukund Kumar Saboo (Managing Director) and Alok Kumar Saboo (Whole-Time Director).
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 Industrial Area Malanpur, Bhind, Madhya Pradesh, India – 477117.
As per MCA filings, the company has open charges of ₹22 Lakh on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressIndustrial Area Malanpur, Bhind, Madhya Pradesh, India – 477117
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Midland Plastics Limited FY 2025 filings available
Financial Statement Summary of Midland Plastics Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Midland Plastics Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 Midland Plastics 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.
Auditor Details of Midland Plastics Limited
Midland Plastics Limited is audited by RATHI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RATHI & 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 Midland Plastics Limited
Midland Plastics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Kumar Saboo | Managing Director | 01 Oct 1996 | 30 Years 0 Months | Current |
| Alok Kumar Saboo Also directs: Gwalior Tyre Retreads Pvt Ltd, Shroff Polymers Pvt Ltd, Sriniwas Synthetic Packers Pvt.Ltd. S and 1 more | Whole-Time Director | 12 Oct 1991 | 35 Years 0 Months | Current |
| Jayant Thirani | Additional Director | 13 May 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Midland Plastics 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 Midland Plastics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 1985 | Asset Reconstruction Company (India) Limited | ₹22 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Midland Plastics Limited
Midland Plastics Limited has 13 court cases on record: 6 filed by Midland Plastics, 7 filed against it. 3 cases are pending and 10 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 1 |
| District courts | 5 | 5 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Execution petition | Filed against the company by Perfect Belts Private Limited | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCT) | Filed against the company by Company Registrar | Pending |
| High Court of Madhya Pradesh | Tax appeal | Filed by the company against an individual | Pending |
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Madhya Pradesh | Court case (MCC) | Filed against the company by Union of India | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Midland Plastics Limited
Midland Plastics Limited has a workforce of 0 employees as of Apr 09, 2024.
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 Midland Plastics Limited
Midland Plastics has one previous CIN (Corporate Identification Number): L24111MP1984PLC002349. The current CIN is U24111MP1984PLC002349, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24111MP1984PLC002349 | Current |
| L24111MP1984PLC002349 | Previous |
Recent Activity on Midland Plastics Limited
Midland Plastics Limited has 8 board changes on record since 1991: 3 appointments and 5 cessations. The latest: Bala Kumar Dabiru ceased to be Director on 13 May 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Midland Plastics 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 Midland Plastics 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 Midland Plastics 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 Midland Plastics Limited
Midland Plastics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Midland Plastics 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 Midland Plastics Limited
Midland Plastics is an active public limited company based in Bhind, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 02 February 1984 (42+ years old) and is registered under CIN U24111MP1984PLC002349.
Midland Plastics has 3 current directors:
- Mukund Kumar Saboo - Managing Director
- Alok Kumar Saboo - Whole-Time Director
- Jayant Thirani - Additional Director
No. Midland Plastics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Midland Plastics is U24111MP1984PLC002349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midland Plastics has 13 court cases on record: 6 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Midland Plastics was incorporated on 02 February 1984, making it 42+ years old. It is registered with the Registrar of Companies, Gwalior.
Bala Kumar Dabiru ceased to be Director on 13 May 2019. Jayant Thirani was appointed as Additional Director on 13 May 2019. Mal Chand Thirani ceased to be Director on 13 May 2019. Midland Plastics has 8 board changes on record in total.
The registered office of Midland Plastics is at Industrial Area Malanpur, Bhind, Madhya Pradesh, India – 477117.
Midland Plastics has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.94 Cr.
Midland Plastics operates in the business outsourcing industry, in the business and IT consulting segment.