- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0012173

About Modi Chemplast Materials Private Limited
Data last updated:
Modi Chemplast Materials Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 08 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51434MH1999PTC120235. Its GSTIN is 27AACCM0083E1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.32 Lakh. It is led by directors including Sandeep Jagdishchandra Modi and Bhavesh Jagdishchandra Mody.
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 222 2nd Floor Hari Om Plaza M.G.Road Borivali East, Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.8 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 3.1%) and EBITDA of ₹3.45 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modi Chemplast. As per MCA filings, the company has open charges of ₹25.3 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Modi Chemplast Materials Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012173). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modichemplast.com.
Company details
Recognitions & Rankings of Modi Chemplast Materials
Contact details
Modi Chemplast Materials Private Limited's registered office is in Mumbai, Maharashtra. Its website is modichemplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address222 2nd Floor Hari Om Plaza M.G.Road Borivali East, Mumbai, Maharashtra, India – 400066
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Modi Chemplast Materials 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
Modi Chemplast Materials operates one associated brand: Modi Chemplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of PVC, CPVC, HDPE/PP pipes, fittings, valves, and gratings for industrial and related applications in India. | modichemplast.com |
Business activity
The main business activity of Modi Chemplast Materials is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Modi Chemplast Materials Private Limited, buy the company report.
Financials of Modi Chemplast Materials Private Limited
FY 2025 filings availableModi Chemplast Materials Private Limited reported revenue of ₹60.8 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 32% growth in the latest year. EBITDA rose 13% 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 | ₹3.45 Cr | ||||
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| Net Profit (PAT) | ₹1.89 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Modi Chemplast Materials Private Limited, buy the company report.
Board of directors of Modi Chemplast Materials Private Limited
Modi Chemplast Materials has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Jagdishchandra Modi | Director | 08 Jun 1999 | 27 Years 5 Months | Current |
| Bhavesh Jagdishchandra Mody | Director | 08 Jun 1999 | 27 Years 5 Months | Current |
| Julie Bhavesh Mody | Director | 15 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Modi Chemplast Materials Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neelesh Industrial Agency Private Limited | ₹60.82 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Modi Chemplast Materials Private Limitedthis company | ₹60.8 Cr (FY 2025) | ₹1.89 Cr | 3.1% | 32.0% | 14 | Mumbai, Maharashtra, India |
| Kedia Pipes Private Limited | ₹60.16 Cr (FY 2025) | 101.0% | Kolkata, West Bengal, India | |||
| Prakratik Samvardhan Private Limited | ₹60.13 Cr (FY 2025) | 195.0% | Loni, Uttar Pradesh, India |
To see the full peer comparison of Modi Chemplast Materials Private Limited, buy the company report.
Auditor
Modi Chemplast Materials Private Limited is audited by ATUL C. SHAH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL C. SHAH & ASSOCIATES | FY 2024 | 47361 |
Shareholding
The shareholding of Modi Chemplast Materials Private 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modi Chemplast Materials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2022 | 100536334 | Others | ₹12.5 Cr | Open | |
| 09 Feb 2022 | 100536338 | Others | ₹12.5 Cr | Open | |
| 19 Oct 2001 | 90143613 | The Shamro Vithal Co.Op. Bank Ltd. | ₹30 Lakh | Open |
To see the full charge records of Modi Chemplast Materials Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Modi Chemplast Materials Private Limited has 2 court cases on record: 2 filed by Modi Chemplast Materials. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
To see the full case history of Modi Chemplast Materials 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
No delayed payments to MSME suppliers are on our record for Modi Chemplast Materials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modi Chemplast Materials Private Limited has a workforce of 14 employees on its EPFO records as of Dec 16, 2024, across 1 active EPFO establishment.
GST
Modi Chemplast Materials has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM0083E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modi Chemplast Materials Private Limited, buy the company report.
Recent activity
Modi Chemplast Materials Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Julie Bhavesh Mody was appointed as Director on 15 Apr 2012.
Frequently asked questions
Modi Chemplast Materials is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 08 June 1999 (27+ years old) and is registered under CIN U51434MH1999PTC120235.
Modi Chemplast Materials has 3 current directors:
- Sandeep Jagdishchandra Modi - Director
- Bhavesh Jagdishchandra Mody - Director
- Julie Bhavesh Mody - Director
The latest financial statements of Modi Chemplast Materials on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modi Chemplast Materials is 27AACCM0083E1ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modi Chemplast Materials is U51434MH1999PTC120235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Chemplast Materials has 2 court cases on record: 2 filed by the company.
Modi Chemplast Materials was incorporated on 08 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Modi Chemplast Materials by revenue are Neelesh Industrial Agency Private Limited, Kedia Pipes Private Limited, Prakratik Samvardhan Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Julie Bhavesh Mody was appointed as Director on 15 Apr 2012. Bhavesh Jagdishchandra Mody was appointed as Director on 08 Jun 1999. Sandeep Jagdishchandra Modi was appointed as Director on 08 Jun 1999.
Yes, Modi Chemplast Materials is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0012173).
Modi Chemplast Materials can be reached through the website modichemplast.com. Its registered office is in Mumbai, Maharashtra, India.

