About Plastochem Pvt Ltd
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Plastochem Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 06 March 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24119WB1982PTC043137. Its GSTIN is 19AABCP9014F1ZH (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.87 Cr. It is led by directors Swastik Shyam Sunder Ghuwalewala (Managing Director) and Barbarik Swastik Ghuwalewala.
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 J 1 Block G P Se 2 Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.18 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹10.05 Lakh (net margin 0.8%) and EBITDA of ₹83.45 Lakh (EBITDA margin 6.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹28.61 Cr on record. Court records list 34 cases involving the company, including 16 filed by the company and 18 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plastochem.in.
Company details
Contact details
Plastochem Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is plastochem.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ 1 Block G P Se 2 Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Plastochem 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 Plastochem is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Plastochem Pvt Ltd, buy the company report.
Financials of Plastochem Pvt Ltd
FY 2024 filings availablePlastochem Pvt Ltd reported revenue of ₹13.18 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 11% fall in the latest year. EBITDA rose 26% 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 | ₹83.45 Lakh | ||||
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| Net Profit (PAT) | ₹10.05 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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| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Plastochem Pvt Ltd, buy the company report.
Board of directors of Plastochem Pvt Ltd
Plastochem has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Barbarik Swastik Ghuwalewala Also directs: Chamundi Tele Plast Private Limited, Chamundi Extrusions Private Limited, Chamundi Plastics Private Limited and 5 more | Additional Director | 09 Mar 2009 | 17 Years 7 Months | Current |
| Swastik Shyam Sunder Ghuwalewala Also directs: Traptin Traders LLP, Chamundi Tele Plast Private Limited, Chamundi Extrusions Private Limited and 2 more | Managing Director | 06 Mar 1982 | 44 Years 7 Months | Current |
Auditor
Plastochem Pvt Ltd is audited by Ankur Poddar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankur Poddar & Associates | FY 2022 | 064630 |
Shareholding
The shareholding of Plastochem Pvt Ltd 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Plastochem Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2022 | 100599650 | Others | ₹4.5 Cr | Open | |
| 28 Nov 2018 | 100225292 | Others | ₹3 Cr | Open | |
| 28 Apr 2014 | 10488372 | Canara Bank | ₹11 Lakh | Satisfied | |
| 17 Oct 2013 | 10458898 | Canara Bank | ₹94 Lakh | Satisfied | |
| 30 Dec 2012 | 10398065 | Canara Bank | ₹19.86 Cr | Satisfied |
To see the full charge records of Plastochem Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Plastochem Pvt Ltd has 34 court cases on record: 16 filed by Plastochem, 18 filed against it. 3 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 13 | 3 |
| High courts | 7 | 5 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/S Khushbu Vinyl Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Enfil Polymers Pvt. Ltd. | Pending |
| District court, East, Delhi | Interim or miscellaneous application | Filed against the company by Tamilnad Mercantile Bank Ltd. | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against Ms Palmohan Electronics Private Limited | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against Ms Pme Infratech Private Limited. | Disposed |
To see the full case history of Plastochem 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 Plastochem Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Plastochem has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP9014F1ZH | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plastochem Pvt Ltd, buy the company report.
Recent activity
Plastochem Pvt Ltd has 7 board changes on record since 1982: 2 appointments and 5 cessations. The latest: Badridas Shyamsunder ceased to be Director on 24 Jun 2011.
12 earlier events are in the company report.
Frequently asked questions
Plastochem is an active private limited company based in Kolkata, West Bengal, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 06 March 1982 (44+ years old) and is registered under CIN U24119WB1982PTC043137.
Plastochem has 2 current directors:
- Swastik Shyam Sunder Ghuwalewala - Managing Director
- Barbarik Swastik Ghuwalewala - Additional Director
The latest financial statements of Plastochem 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 Plastochem is 19AABCP9014F1ZH, registered in West Bengal. 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 Plastochem is U24119WB1982PTC043137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plastochem has 34 court cases on record: 16 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.
Plastochem was incorporated on 06 March 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
Badridas Shyamsunder ceased to be Director on 24 Jun 2011. Anita Swarochis Ghuwalewala ceased to be Director on 30 Jun 2010. Swastik Shyam Sunder Ghuwalewala ceased to be Whole-Time Director on 30 Jun 2010. Plastochem has 7 board changes on record in total.
Plastochem can be reached through the website plastochem.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Plastochem is at J 1 Block G P Se 2 Salt Lake, Kolkata, West Bengal, India – 700091.