MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0005003
Monarch Poly Plast Private Limited - manufacturing in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.18 Cr
▼ 18% YoY
Net profit · FY 2024
₹4.62 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹27.09 Lakh
EBITDA margin 2.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.47 Cr
Issued & subscribed
Open charges
₹3.9 Cr
Satisfied ₹4.67 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Monarch Poly Plast Private Limited
Data last updated:
Monarch Poly Plast Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 28 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2011PTC065198. Its GSTIN is 24AAHCM5624N1Z6 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Narpatsingh Premraj Choudhary and Rajesh Shirvi.
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 Shed No. A – 1/5410 GIDC Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.18 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.62 Lakh (net margin 0.4%) and EBITDA of ₹27.09 Lakh (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹3.9 Cr and satisfied charges of ₹4.67 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Monarch Poly Plast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0005003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monarchpolyplast.co.in.
Company details
CIN U25200GJ2011PTC065198
Registration Number 065198
Incorporation Date 28 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0005003
Key People
Narpatsingh Premraj Choudhary Director Rajesh Shirvi Director Nagaram Lachharam Chaudhary Director Recognitions & Rankings of Monarch Poly Plast
Contact details
Monarch Poly Plast Private Limited's registered office is in Vapi, Gujarat. Its website is monarchpolyplast.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. A – 1/5410 GIDC Vapi, Gujarat, India – 396195
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Monarch Poly Plast Private Limited, buy the company report.
Comprehensive company report
Monarch Poly Plast Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Monarch Poly Plast 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 Poly Plast Private Limited, buy the company report.
Financials of Monarch Poly Plast Private Limited
FY 2025 filings availableMonarch Poly Plast Private Limited reported revenue of ₹12.18 Cr (down 18% YoY) for FY 2024.
Revenue · FY 2024
₹12.18 Cr ▼ 18%
Net profit · FY 2024
₹4.62 Lakh margin 0.4%
EBITDA · FY 2024
₹27.09 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 6%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 9%
5 years · compounded
▼ 14%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 18% fall in the latest year. EBITDA fell 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.62 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Monarch Poly Plast Private Limited, buy the company report.
Board of directors of Monarch Poly Plast Private Limited
Monarch Poly Plast has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narpatsingh Premraj Choudhary Also directs: SNV Polyplast Industries Limited Liability Partnership | Director | 28 Apr 2011 | 15 Years 6 Months | Current |
| Rajesh Shirvi Also directs: SNV Polyplast Industries Limited Liability Partnership | Director | 07 Jun 2021 | 5 Years 4 Months | Current |
| Nagaram Lachharam Chaudhary Also directs: Meera Polyplast LLP | Director | 28 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Monarch Poly Plast Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Nova Pet Private Limited | ₹12.27 Cr (FY 2025) | 15.0% | Bhopal, Madhya Pradesh, India | |||
| Nubm Polyfaabs Private Limited | ₹12.2 Cr (FY 2024) | 118.0% | Jaipur, Rajasthan, India | |||
| Ameet Metaplast Private Limited | ₹12.19 Cr (FY 2024) | -8.0% | Nashik, Maharashtra, India | |||
| Monarch Poly Plast Private Limitedthis company | ₹12.18 Cr (FY 2024) | ₹4.62 Lakh | 0.4% | -18.0% | Vapi, Gujarat, India | |
| Precision Technoplast Private Limited | ₹12.17 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Earthstar Rubber Industries Private Limited | ₹12.17 Cr (FY 2025) | -5.0% | Varanasi, Uttar Pradesh, India | |||
| Texon Packaging Private Limited | ₹12.16 Cr (FY 2025) | 18.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Monarch Poly Plast Private Limited, buy the company report.
Auditor
Monarch Poly Plast Private Limited is audited by S N Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N Shah & Associates | FY 2023 | 109782W |
Shareholding
The shareholding of Monarch Poly Plast 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monarch Poly Plast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.9 Cr
Satisfied charges
₹4.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2016 | 100030991 | Others | ₹3.9 Cr | Open | |
| 17 Apr 2012 | 10356825 | Bank of India | ₹4.67 Cr | Satisfied |
To see the full charge records of Monarch Poly Plast Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Monarch Poly Plast Private Limited has 2 court cases on record: 2 filed by Monarch Poly Plast. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (SPCS) | Filed by the company against M/S. Oren Kitchen Appliances Pvt Ltd. and 2 others | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against M/S Byahut Trading Company and 1 other | Pending |
To see the full case history of Monarch Poly Plast 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
Monarch Poly Plast Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 59 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rajiv Plastic Industries | |||
| Kandui Industries Private Limited | |||
| Ikon Multipack |
To see the full MSME payment records of Monarch Poly Plast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Monarch Poly Plast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM5624N1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monarch Poly Plast Private Limited, buy the company report.
Recent activity
Monarch Poly Plast Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Rajesh Shirvi ceased to be Additional Director on 30 Nov 2021.
AGM
Monarch Poly Plast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Monarch Poly Plast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Rajesh Shirvi ceased to be Additional Director.
Appointed
Rajesh Shirvi was appointed as Director.
Charges
A charge with Others of Rs. 3.90 Cr registered on 03 Mar 2016 with Charge ID 100030991 was modified on 12 Mar 2019.
Charges
A charge registered on 17 Apr 2012 via Charge ID 10356825 with Bank Of India was fully satisfied on 03 Jan 2017.
Charges
A charge with Others amounted to Rs. 3.90 Cr with Charge ID 100030991 was registered on 03 Mar 2016.
Charges
A charge with Bank Of India of Rs. 4.67 Cr registered on 17 Apr 2012 with Charge ID 10356825 was modified on 29 Apr 2014.
Charges
A charge with Bank Of India amounted to Rs. 4.67 Cr with Charge ID 10356825 was registered on 17 Apr 2012.
Appointed
Nagaram Lachharam Chaudhary was appointed as Director.
Appointed
Narpatsingh Premraj Choudhary was appointed as Director.
Incorporation
28 Apr 2011
Monarch Poly Plast Private Limited was registered on 28 Apr 2011 with Roc Ahmedabad & aged 15 years 6 months as per MCA records.
Frequently asked questions
Monarch Poly Plast is an active private limited company based in Vapi, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 28 April 2011 (15+ years old) and is registered under CIN U25200GJ2011PTC065198.
Monarch Poly Plast has 3 current directors:
- Narpatsingh Premraj Choudhary - Director
- Rajesh Shirvi - Director
- Nagaram Lachharam Chaudhary - Director
The latest financial statements of Monarch Poly Plast 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 Monarch Poly Plast is 24AAHCM5624N1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Monarch Poly Plast is U25200GJ2011PTC065198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monarch Poly Plast has 2 court cases on record: 2 filed by the company. 1 is pending.
Monarch Poly Plast was incorporated on 28 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Monarch Poly Plast by revenue are Nova Pet Private Limited, Nubm Polyfaabs Private Limited, Ameet Metaplast Private Limited, Precision Technoplast Private Limited, Earthstar Rubber Industries Private Limited and 1 more, 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).
Rajesh Shirvi ceased to be Additional Director on 30 Nov 2021. Rajesh Shirvi was appointed as Director on 07 Jun 2021. Nagaram Lachharam Chaudhary was appointed as Director on 28 Apr 2011. Monarch Poly Plast has 4 board changes on record in total.
Yes, Monarch Poly Plast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0005003).
Monarch Poly Plast has 3 MSME Form 1 returns on record between 2021 and 2022, listing 59 overdue payments to 3 micro and small suppliers. The latest return was filed on 15 May 2022.
Monarch Poly Plast can be reached through the website monarchpolyplast.co.in. Its registered office is in Vapi, Gujarat, India.