Monarch Plastics Pvt Ltd
About Monarch Plastics Pvt Ltd
Data last updated:
Monarch Plastics Pvt Ltd is a private limited company based in Chhindwara, Madhya Pradesh, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 23 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24132MP1988PTC004405. Its GSTIN is 23AABCM1994R1ZX (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Vidhyadevi Suresh Rathi and Suresh Madanlal Rathi.
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 Sector – A S – 3/4 Mpakvn Growth Centre Borgaon, Chhindwara, Madhya Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹2 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 1.4%) and EBITDA of ₹12.83 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹1.74 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Monarch Plastics Pvt Ltd's registered office is in Chhindwara, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSector – A S – 3/4 Mpakvn Growth Centre Borgaon, Chhindwara, Madhya Pradesh, India
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Monarch Plastics Pvt Ltd, 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
Business activity
The main business activity of Monarch Plastics 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 Monarch Plastics Pvt Ltd, buy the company report.
Financials of Monarch Plastics Pvt Ltd
FY 2024 filings availableMonarch Plastics Pvt Ltd reported revenue of ₹2 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 19% fall in the latest year. EBITDA fell 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.83 Lakh | ||||
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| Net Profit (PAT) | ₹2.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Monarch Plastics Pvt Ltd, buy the company report.
Board of directors of Monarch Plastics Pvt Ltd
Monarch Plastics has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidhyadevi Suresh Rathi Also directs: Spotonites Apparel Private Limited | Director | 25 Oct 2011 | 15 Years 0 Months | Current |
| Suresh Madanlal Rathi | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Monarch Plastics Pvt Ltd is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Aris Polycontainers Private Limited | ₹2.02 Cr (FY 2025) | 64.0% | Vadodara, Gujarat, India | |||
| R N Poly Container Private Limited | ₹2.01 Cr (FY 2022) | 19.0% | Dharapuram, Tamil Nadu, India | |||
| Shreeji Plastopack Private Limited | ₹2.01 Cr (FY 2017) | 4.0% | Mumbai, Maharashtra, India | |||
| Monarch Plastics Pvt Ltdthis company | ₹2 Cr (FY 2024) | ₹2.87 Lakh | 1.4% | -19.0% | Chhindwara, Madhya Pradesh, India | |
| Samay Polyplast Private Limited | ₹1.99 Cr (FY 2025) | -51.0% | At Bharudi, Gujarat, India |
To see the full peer comparison of Monarch Plastics Pvt Ltd, buy the company report.
Auditor
Monarch Plastics Pvt Ltd is audited by N PALIWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N PALIWAL & ASSOCIATES | FY 2022 | 140174W |
Shareholding
The shareholding of Monarch Plastics Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Monarch Plastics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 1997 | 90201704 | State Bank of India | ₹92.5 Lakh | Open | |
| 09 Apr 1997 | 90205223 | State Bank of India | ₹81.5 Lakh | Open |
To see the full charge records of Monarch Plastics Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Monarch Plastics Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Monarch Multilayers Pvt. Ltd. Through Director Purushottam S/O Madanlal Rathi and Others | Disposed |
To see the full case history of Monarch Plastics Pvt Ltd, 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 Monarch Plastics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monarch Plastics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM1994R1ZX | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monarch Plastics Pvt Ltd, buy the company report.
Recent activity
Monarch Plastics Pvt Ltd has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Anil Dinkar Umale ceased to be Director on 01 Feb 2024.
3 earlier events are in the company report.
Frequently asked questions
Monarch Plastics is an active private limited company based in Chhindwara, Madhya Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 February 1988 (38+ years old) and is registered under CIN U24132MP1988PTC004405.
Monarch Plastics has 2 current directors:
- Vidhyadevi Suresh Rathi - Director
- Suresh Madanlal Rathi - Director
The latest financial statements of Monarch Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Monarch Plastics is 23AABCM1994R1ZX, registered in Madhya Pradesh. 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 Monarch Plastics is U24132MP1988PTC004405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monarch Plastics has 1 court case on record: 1 filed against it.
Monarch Plastics was incorporated on 23 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Monarch Plastics by revenue are Aris Polycontainers Private Limited, R N Poly Container Private Limited, Shreeji Plastopack Private Limited, Samay Polyplast Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Anil Dinkar Umale ceased to be Director on 01 Feb 2024. Suresh Madanlal Rathi was appointed as Director on 01 Jun 2022. Suresh Madanlal Rathi ceased to be Director on 08 Apr 2019. Monarch Plastics has 8 board changes on record in total.
The registered office of Monarch Plastics is at Sector – A S – 34 Mpakvn Growth Centre Borgaon, Chhindwara, Madhya Pradesh, India.
Monarch Plastics operates in the manufacturing industry, in the plastic-based products segment.