Mitsui Prime Advanced Composites India Private Limited
About Mitsui Prime Advanced Composites India Private Limited
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Mitsui Prime Advanced Composites India Private Limited is a private limited company based in Neemrana, Rajasthan, India, a subsidiary of Mitsui Chemicals, Inc, Jp. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 18 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25203RJ2007PTC045555. Its GSTIN is 08AAFCM1458C1ZP (Rajasthan). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹245 Cr and a paid-up capital of ₹245 Cr. It is led by directors including Michiharu Muraoka (Managing Director) and Kinzo Korehisa.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.Sp 2 – 54 55 56 New Industrial Area Complex Majrakath Behror, Neemrana, Rajasthan, India – 301701.
As per the financials filed for FY 2025, the company reported a revenue of ₹721.29 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹48.71 Cr (net margin 6.8%) and EBITDA of ₹73.78 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 20% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mitsui Prime Advanced Composites India. As per MCA filings, the company has satisfied charges of ₹20 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 3 cases are pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹244.99 Cr; the latest was in March 2016. Its 5 peer companies in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Hyundai Engineering Plastics India Private Limited with revenue of ₹870.06 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 17 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mitsui Prime Advanced Composites India has one previous CIN (Corporate Identification Number): U25203DL2007PTC165997. The current CIN is U25203RJ2007PTC045555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25203RJ2007PTC045555 | Current |
| U25203DL2007PTC165997 | Previous |
Contact details
Mitsui Prime Advanced Composites India Private Limited's registered office is in Neemrana, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.Sp 2 – 54 55 56 New Industrial Area Complex Majrakath Behror, Neemrana, Rajasthan, India – 301701
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Mitsui Prime Advanced Composites India 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
Mitsui Prime Advanced Composites India operates one associated brand: Mitsui Prime Advanced Composites India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality polypropylene compounds for the automotive sector. | mpaci.co.in |
Business activity
The main business activity of Mitsui Prime Advanced Composites India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Financials of Mitsui Prime Advanced Composites India Private Limited
FY 2025 filings availableMitsui Prime Advanced Composites India Private Limited reported revenue of ₹721.29 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹73.78 Cr | ||||
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| Net Profit (PAT) | ₹48.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Board of directors of Mitsui Prime Advanced Composites India Private Limited
Mitsui Prime Advanced Composites India has 4 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kinzo Korehisa | Director | 17 Jul 2020 | 6 Years 3 Months | Current |
| Michiharu Muraoka | Managing Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Takashi Hakuta | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Jun Kawaguchi Also directs: Mitsui Chemicals India Private Limited | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Mitsui Prime Advanced Composites India Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hyundai Engineering Plastics India Private Limited | ₹870.06 Cr (FY 2025) | 2.0% | Thiruvallur, Tamil Nadu, India | |||
| Plastiblends India Limited | ₹789.89 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Caprihans India Limited | ₹767.56 Cr (FY 2025) | 6.0% | Khed, Maharashtra, India | |||
| Mitsui Prime Advanced Composites India Private Limitedthis company | ₹721.29 Cr (FY 2025) | ₹48.71 Cr | 6.8% | -6.0% | 95 | Neemrana, Rajasthan, India |
| Appl Industries Limited | ₹681.68 Cr (FY 2024) | 22.0% | New Delhi, Delhi, India | |||
| Alok Master Batches Private Limited | ₹568.08 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Auditor
Mitsui Prime Advanced Composites India Private Limited is audited by Price Waterhouse Charetered Accountants LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Charetered Accountants LLP | FY 2022 | 012754N |
Shareholding
The shareholding of Mitsui Prime Advanced Composites India 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2021 | 100460958 | Standard Chartered Bank | ₹20 Cr | Satisfied |
To see the full charge records of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Mitsui Prime Advanced Composites India Private Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹244.99 Cr; the latest was in March 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Mitsui Chemicals Inc Seller: Toyota Tsusho Corporation |
| Mar 2016 | Funding round | ₹47 Cr | Investors: Mitsui Chemicals Inc, Prime Polymer Compnay Limited, Mitsui & Co Limited |
| Nov 2012 | Funding round | ₹40 Cr | Investors: Mitsui Chemicals Inc, Prime Polymer Compnay Limited, Toyota Tsusho Corporation |
| Oct 2010 | Funding round | ₹35 Cr | Investors: Mitsui Chemicals Inc, Prime Polymer Compnay Limited, Toyota Tsusho Corporation |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: Toyota Tsusho Corporation, Mitsui & Co Limited Seller: Mitsui Chemicals Inc |
To see the full deal history of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mitsui Prime Advanced Composites India Private Limited has 10 court cases on record: 8 filed by Mitsui Prime Advanced Composites India, 2 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 2 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Shine Travels and Cargo Pvt. Ltd. | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Union of India | Pending |
| Supreme Court | Appeal | Filed by the company against Commissioner Central Exicise and Service Tax | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against The Assistant Provident Fund Commissioner Regional Office, | Disposed |
To see the full case history of Mitsui Prime Advanced Composites India 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.
MSME payment delays
Mitsui Prime Advanced Composites India Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Oswal Cable Products Private Limited | |||
| an individual supplier | |||
| Nimbasia Stabilizers | |||
| Shyama Packart Private Limited | |||
| Freedom Chemtech LLP |
To see the full MSME payment records of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mitsui Prime Advanced Composites India Private Limited has a workforce of 95 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mitsui Prime Advanced Composites India has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCM1458C1ZP | Rajasthan | Active | 01 Jul 2017 |
| 06AAFCM1458C1ZT | Haryana | Active | 01 Jul 2017 |
| 24AAFCM1458C1ZV | Gujarat | Active | 01 Jul 2017 |
| 27AAFCM1458C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitsui Prime Advanced Composites India Private Limited, buy the company report.
Recent activity
Mitsui Prime Advanced Composites India Private Limited has 32 board changes on record since 2007: 4 appointments and 28 cessations. The latest: Michiharu Muraoka was appointed as Managing Director on 01 Oct 2023.
25 earlier events are in the company report.
Frequently asked questions
Mitsui Prime Advanced Composites India is an active private limited company based in Neemrana, Rajasthan, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 18 July 2007 (19+ years old) and is registered under CIN U25203RJ2007PTC045555.
Mitsui Prime Advanced Composites India has 4 current directors:
- Michiharu Muraoka - Managing Director
- Kinzo Korehisa - Director
- Takashi Hakuta - Director
- Jun Kawaguchi - Director
The latest financial statements of Mitsui Prime Advanced Composites India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitsui Prime Advanced Composites India is 08AAFCM1458C1ZP, registered in Rajasthan. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAFCM1458C1ZT (Haryana), 24AAFCM1458C1ZV (Gujarat), 27AAFCM1458C1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Mitsui Prime Advanced Composites India is U25203RJ2007PTC045555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitsui Prime Advanced Composites India has 10 court cases on record: 8 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Mitsui Prime Advanced Composites India was incorporated on 18 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Jaipur.
Mitsui Prime Advanced Composites India has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹244.99 Cr; the latest was in March 2016.
The peers of Mitsui Prime Advanced Composites India by revenue are Hyundai Engineering Plastics India Private Limited, Plastiblends India Limited, Caprihans India Limited, Appl Industries Limited, Alok Master Batches Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Michiharu Muraoka was appointed as Managing Director on 01 Oct 2023. Michiharu Muraoka ceased to be Additional Director on 01 Oct 2023. Jun Kawaguchi ceased to be Additional Director on 30 Sep 2022. Mitsui Prime Advanced Composites India has 32 board changes on record in total.
Mitsui Prime Advanced Composites India has 13 MSME Form 1 returns on record between 2019 and 2024, listing 197 overdue payments to 17 micro and small suppliers. The latest return was filed on 27 Apr 2024.
The registered office of Mitsui Prime Advanced Composites India is at Plot No.Sp 2 – 54 55 56 New Industrial Area Complex Majrakath Behror, Neemrana, Rajasthan, India – 301701.
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