About MPL Plastics Limited
Data last updated:
MPL Plastics Limited is a public limited company based in Mira Road East, Maharashtra, India. It specialises in crockery and kitchenware manufacturing, a part of the broader home and lifestyle products sector. Incorporated on 01 May 1992, the company has been in operation for over 34 years.
Registered with ROC Mumbai under CIN L25209MH1992PLC066635. Listed on BSE: 526143.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹12.5 Cr. Formerly known as Milton Plastics Limited. It is led by directors including Madhup Bansilal Vaghani and Gopal Ajay Malpani.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mira Road East, Maharashtra.
Total assets are valued at ₹99 Lakh (up 45.59% YoY).
The company has a workforce of approximately 1 employees as per the latest available data.
The company is associated with 1 brand - Mpl Plastics Ltd.. As per MCA filings, the company has satisfied charges of ₹144.21 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mplindia.in.
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- Registered Address2 Ashish Warehouse Punjab Foundry Indl Est. Nr.Classic Studio Mira Bhayander Road K, Ashimira, Mira Road East, Maharashtra, India – 401104
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of MPL Plastics
MPL Plastics has one previous CIN (Corporate Identification Number): U25209MH1992PLC066635. The current CIN is L25209MH1992PLC066635, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH1992PLC066635 | Current |
| U25209MH1992PLC066635 | Previous |
Associated Brands with MPL Plastics
MPL Plastics operates one associated brand: MPL Plastics Ltd.. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| MPL Plastics Ltd. is engaged in manufacturing plastic products. | mplindia.in |
Competitors & Alternatives of MPL Plastics
Brands and companies operating in the same space as MPL Plastics Limited include SolarSquare, Oorjan, ZunRoof and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 SolarSquare | Provider of solar panel installation services | Mumbai, India, India | 2015 |
 Oorjan | Solar project financing and development | Mumbai, India, India | 2014 |
 ZunRoof | Provider of solar panel installation and O&M services | Gurugram, India, India | 2016 |
 Krivi Energy | Solar energy solutions including installations, assessments, and financing are provided. | Mumbai, India, India | 2013 |
 Onergy | Solar design, engineering, manufacturing, installation, and consultancy services are provided. | Kolkata, India, India | 2009 |
Auditor Details of MPL Plastics
MPL Plastics Limited is audited by Jain Vinay & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Vinay & Associates | Locked | Locked | Locked |
Complete auditor history for MPL Plastics Limited
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 MPL Plastics Limited
MPL Plastics has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhup Bansilal Vaghani | Whole-Time Director | 01 May 1992 | 34 Years 5 Months | Current |
| Gopal Ajay Malpani Also directs: SRM Energy Limited, Himadri Speciality Chemical Limited, Madhur Investment PVT LTD and 5 more | Director | 11 Apr 2022 | 4 Years 5 Months | Current |
| Radhika Sameer Rane Also directs: Ira Drinks Private Limited, Vartak Domestic Appliances Private Limited, Soprano Holdings Company Private Limited and 5 more | Director | 14 Aug 2018 | 8 Years 1 Months | Current |
| Devendra Kumar Negi | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Financials of MPL Plastics Limited FY 2025-26 filings available
MPL Plastics Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.03 | 4.05 |
| Revenue growth | +3.7% | -37.2% | -50.6% | -71.7% | +687.2% | -88.2% | -26.6% |
| EBITDA | (0.56) | (0.54) | (0.86) | (1.73) | (6.14) | (0.75) | (2.56) |
| EBITDA margin | - | - | - | - | - | -2500.0% | -63.2% |
| Profit before tax | (0.17) | (0.47) | 11.25 | 0.86 | 177 | (0.67) | (2.31) |
| Net profit | (0.17) | (0.47) | (1.31) | 1.50 | (4.89) | (0.65) | (2.25) |
| Net profit margin | - | - | - | - | - | -2166.7% | -55.6% |
| EPS (₹) | (0.14) | (0.38) | 7.26 | 3.30 | 130.70 | (0.54) | (1.86) |
| Balance sheet | |||||||
| Total assets | 0.99 | 0.68 | 0.86 | (9.88) | (13.95) | 4.92 | 5.51 |
| Net worth | (3.69) | (3.53) | (3.05) | (12.13) | (16.26) | (180) | (179) |
| Total debt | 3.92 | 3.45 | 3.15 | 1.49 | 1.17 | 182 | 182 |
| Cash & bank | 0.24 | 0.25 | 0.54 | 1.10 | 0.31 | 0.54 | 0.77 |
| Net working capital | (0.41) | (0.73) | (0.68) | (12.11) | (17.03) | 1.74 | 2.01 |
| Cash flow | |||||||
| Cash from operations | (0.49) | (0.60) | (15.38) | (0.28) | 182 | (0.25) | 0.18 |
| Cash from investing | 0.01 | 0.00 | 12.81 | 0.78 | 0.01 | 0.04 | 0.07 |
| Cash from financing | 0.48 | 0.31 | 2.00 | 0.31 | (182) | 0.03 | 0.02 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue growth (YoY) | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% |
| Other income | 0.00 | 0.32 | 0.07 | 0.01 | 0.00 | 0.06 | 0.00 | 0.00 |
| Total expenses | 0.13 | 0.16 | 0.13 | 0.13 | 0.16 | 0.19 | 0.15 | 0.11 |
| EBITDA | (0.13) | (0.16) | (0.13) | (0.13) | (0.16) | (0.19) | (0.15) | (0.11) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.13) | 0.16 | (0.06) | (0.12) | (0.16) | (0.13) | (0.15) | (0.11) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue growth (YoY) | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% |
| Other income | 0.00 | 0.32 | 0.07 | 0.01 | 0.00 | 0.06 | 0.00 | 0.00 |
| Total expenses | 0.13 | 0.16 | 0.13 | 0.13 | 0.16 | 0.19 | 0.15 | 0.11 |
| EBITDA | (0.13) | (0.16) | (0.13) | (0.13) | (0.16) | (0.19) | (0.15) | (0.11) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.13) | 0.16 | (0.06) | (0.12) | (0.16) | (0.13) | (0.15) | (0.11) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.03 | 4.05 |
| Revenue growth | +3.7% | -37.2% | -50.6% | -71.7% | +687.2% | -88.2% | -26.6% |
| Other income | 0.39 | 0.07 | 12.16 | 2.70 | 183 | 0.30 | 0.46 |
| Total expenses | 0.56 | 0.54 | 0.86 | 1.74 | 6.14 | 0.78 | 6.61 |
| Employee cost | 0.19 | 0.14 | 0.21 | 0.29 | 0.28 | 0.48 | 2.07 |
| EBITDA | (0.56) | (0.54) | (0.86) | (1.73) | (6.14) | (0.75) | (2.56) |
| EBITDA margin | - | - | - | - | - | -2500.0% | -63.2% |
| Depreciation | 0.00 | 0.00 | 0.04 | 0.10 | 0.11 | 0.22 | 0.21 |
| Interest | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.17) | (0.47) | 11.25 | 0.86 | 177 | (0.67) | (2.31) |
| Tax | 0.00 | 0.00 | 2.18 | (3.26) | 13.84 | 0.00 | 0.00 |
| Net profit | (0.17) | (0.47) | (1.31) | 1.50 | (4.89) | (0.65) | (2.25) |
| Net profit margin | - | - | - | - | - | -2166.7% | -55.6% |
| EPS (₹) | (0.14) | (0.38) | 7.26 | 3.30 | 130.70 | (0.54) | (1.86) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 | 12.50 |
| Reserves & surplus | (16.19) | (16.03) | (15.55) | (24.63) | (28.76) | (192) | (192) |
| Shareholders' funds (net worth) | (3.69) | (3.53) | (3.05) | (12.13) | (16.26) | (180) | (179) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.34 | 0.34 | 80.51 | 159 |
| Unsecured loans | 3.92 | 3.45 | 3.15 | 1.15 | 0.83 | 102 | 23.11 |
| Total debt | 3.92 | 3.45 | 3.15 | 1.49 | 1.17 | 182 | 182 |
| Total liabilities | 0.99 | 0.68 | 0.86 | (9.88) | (13.95) | 4.92 | 5.51 |
| Assets | |||||||
| Gross block | 0.41 | 0.40 | 0.40 | 2.10 | 3.12 | 3.12 | 3.18 |
| Net block | 0.14 | 0.13 | 0.13 | 0.91 | 1.80 | 1.91 | 2.18 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.03 | 1.04 | 0.99 | 0.96 | 0.93 | 0.93 | 0.90 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.24 | 0.25 | 0.54 | 1.10 | 0.31 | 0.54 | 0.77 |
| Loans & advances | 0.66 | 0.66 | 0.42 | 0.92 | 0.95 | 3.10 | 3.08 |
| Total current assets | 0.90 | 0.91 | 0.96 | 2.02 | 1.26 | 3.64 | 3.87 |
| Total current liabilities | 1.31 | 1.64 | 1.64 | 14.13 | 18.29 | 1.90 | 1.86 |
| Net working capital | (0.41) | (0.73) | (0.68) | (12.11) | (17.03) | 1.74 | 2.01 |
| Total assets | 0.99 | 0.68 | 0.86 | (9.88) | (13.95) | 4.92 | 5.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.06 | 0.34 | 0.91 | 0.10 | 0.20 | 0.38 | 0.11 |
| Net cash from operating activities | (0.49) | (0.60) | (15.38) | (0.28) | 182 | (0.25) | 0.18 |
| Net cash from investing activities | 0.01 | 0.00 | 12.81 | 0.78 | 0.01 | 0.04 | 0.07 |
| Net cash from financing activities | 0.48 | 0.31 | 2.00 | 0.31 | (182) | 0.03 | 0.02 |
| Net change in cash | 0.00 | (0.29) | (0.57) | 0.81 | (0.10) | (0.18) | 0.27 |
| Closing cash | 0.24 | 0.25 | 0.54 | 1.10 | 0.31 | 0.54 | 0.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9997.0% | +9997.0% | +9997.0% | +9997.0% | +9997.0% | -99.3% | -33.2% |
| EBITDA growth | -3.7% | +37.2% | +50.3% | +71.8% | -718.7% | +70.7% | +13.2% |
| PBT growth | +63.8% | - | +1208.1% | -99.5% | +9998.0% | +71.0% | +26.4% |
| Net income growth | +63.8% | +64.1% | - | +9998.0% | -652.3% | +71.1% | +16.0% |
| Revenue CAGR (3Y) | -100.0% | - | -100.0% | -86.5% | -100.0% | -88.9% | -42.5% |
| EBITDA CAGR (3Y) | -31.3% | -55.5% | +4.7% | -12.3% | +27.7% | - | - |
| Profitability & leverage | |||||||
| Net income margin | - | - | - | - | - | -2233.3% | -57.0% |
| Return on capital employed | 0.0% | 0.0% | -2.9% | -4.1% | -20.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | -3.2% | +3.7% | +7.1% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | -1.11 | -0.55 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 1.25 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 31.23 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.61 |
| EPS (₹) | (0.14) | (0.38) | 7.26 | 3.30 | 130.70 | (0.54) | (1.86) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (2.96) | (2.83) | (2.44) | (9.71) | (13.01) | (143.72) | (143.25) |
Shareholding Pattern of MPL Plastics Limited
Shareholding for the quarter ended Sep 2026: promoters hold 24.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 76.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 24.00% | 24.00% | 24.00% | 24.00% |
| Public | 76.00% | 76.00% | 76.00% | 76.00% |
Charges & Borrowings of MPL Plastics
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 1999 | Industrial Development Bank of India | ₹5 Cr | Satisfied |
| 14 Sep 1999 | Itz Online Financial Services Private Limited | ₹2 Cr | Satisfied |
| 18 Feb 1999 | Industrial Development Bank of India | ₹5 Cr | Satisfied |
| 12 Feb 1999 | Dena Bank | ₹2 Cr | Satisfied |
| 26 Jun 1998 | Ifci Limited | ₹10 Cr | Satisfied |
Total charge records: 37 View all charges
Employees and EPFO Compliance at MPL Plastics
MPL Plastics Limited has a workforce of 1 employees as of Mar 26, 2024.
Employee and EPFO history for MPL Plastics Limited
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.
GST Compliance of MPL Plastics
GST registrations and filing compliance for MPL Plastics Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for MPL Plastics
Credit ratings, litigation, and regulatory alerts for MPL Plastics Limited
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 MPL Plastics
MSME payment history for MPL Plastics Limited
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 MPL Plastics
Corporate group structure for MPL Plastics Limited
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.
MCA Filings & Documents of MPL Plastics
MCA filings and documents for MPL Plastics Limited
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.
Recent Activity on MPL Plastics
Frequently Asked Questions about MPL Plastics Limited
MPL Plastics is an active public limited company in the home and lifestyle sector based in Mira Road East, Maharashtra, India. It was incorporated on 01 May 1992 (34+ years old) and is registered under CIN L25209MH1992PLC066635. Listed on BSE: 526143. The company has 1 employees.
The current directors of MPL Plastics are:
- Madhup Bansilal Vaghani - Whole-Time Director
- Gopal Ajay Malpani - Director
- Radhika Sameer Rane - Director
- Devendra Kumar Negi - Director
The primary industry of MPL Plastics is home and lifestyle. The company specifically operates in crockery and kitchenware manufacturing. The company is currently active in this sector.
Yes. MPL Plastics is listed on BSE with code 526143.
MPL Plastics can be reached at the registered office: 2 Ashish Warehouse Punjab Foundry Indl Est. Nr.Classic Studio Mira Bhayander Road K, Ashimira, Mira Road East, Maharashtra, India – 401104, or through the website mplindia.in.
The authorised capital is ₹25 Cr, and the paid-up capital is ₹12.5 Cr.