- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-01-0011009

About Swift Technoplast Private Limited
Data last updated:
Swift Technoplast Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 29 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2010PTC202558. Its GSTIN is 27AAOCS2091J1ZW (Maharashtra).
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹7.38 Lakh. It is led by directors including Krishna Marathe Mahadev (Managing Director) and Shiv Kumar Mittal.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.08 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹48.65 Lakh (net margin 1.1%) and EBITDA of ₹2.17 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 15% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Swift Technoplast. As per MCA filings, the company has open charges of ₹18.34 Cr and satisfied charges of ₹24.47 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 2 cases are pending.
Swift Technoplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0011009). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swiftind.co.in.
Company details
Recognitions & Rankings of Swift Technoplast
Contact details
Swift Technoplast Private Limited's registered office is in Thane, Maharashtra. Its website is swiftind.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 116 & B – 117 Ttc Industrial Area Punit Industrial Estate, MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Swift Technoplast 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
Swift Technoplast operates one associated brand: Swift Technoplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of plastic pallets and industrial products by Swift Technoplast in India. | swiftind.co.in |
Business activity
The main business activity of Swift Technoplast 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 Swift Technoplast Private Limited, buy the company report.
Financials of Swift Technoplast Private Limited
FY 2024 filings availableSwift Technoplast Private Limited reported revenue of ₹44.08 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 2% growth in the latest year. EBITDA rose 6% 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 | ₹2.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.65 Lakh | ||||
| Balance Sheet | |||||
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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 | 4.9% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Swift Technoplast Private Limited, buy the company report.
Board of directors of Swift Technoplast Private Limited
Swift Technoplast has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Marathe Mahadev Also directs: Microbiz Tech LLP | Managing Director | 29 Apr 2010 | 16 Years 6 Months | Current |
| Shiv Kumar Mittal Also directs: Cfo Desk Services LLP, Hvax Technologies Limited, Fractal Industries Limited and 2 more | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
| Rajashri Marathe | Director | 23 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Swift Technoplast 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 |
|---|---|---|---|---|---|---|
| Machinograph Polycontainers (India) Pvt Ltd | ₹44.58 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Climax Synthetics Pvt Ltd | ₹44.55 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Yasharyn Packaging Private Limited | ₹44.46 Cr (FY 2025) | 11.0% | Ludhiana, Punjab, India | |||
| Glasso Pack Private Limited | ₹44.11 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Swift Technoplast Private Limitedthis company | ₹44.08 Cr (FY 2024) | ₹48.65 Lakh | 1.1% | 2.0% | 40 | Thane, Maharashtra, India |
| Bansal Plastopack Private Limited | ₹43.78 Cr (FY 2024) | 17.0% | Pune, Maharashtra, India | |||
| Juken Uniproducts Private Limited | ₹43.47 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India |
To see the full peer comparison of Swift Technoplast Private Limited, buy the company report.
Auditor
Swift Technoplast Private Limited is audited by SARDA NARAYAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARDA NARAYAN & ASSOCIATES | FY 2023 | 134496 |
Shareholding
The shareholding of Swift Technoplast 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 Swift Technoplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2021 | 100439951 | Axis Bank Limited | ₹9.92 Cr | Open | |
| 23 Nov 2020 | 100404555 | Axis Bank Limited | ₹8.42 Cr | Open | |
| 30 Mar 2019 | 100270651 | Others | ₹5.35 Cr | Satisfied | |
| 05 Mar 2019 | 100261886 | Others | ₹7.14 Cr | Satisfied | |
| 16 Jul 2014 | 10514025 | Axis Bank Limited | ₹7.43 Cr | Satisfied |
To see the full charge records of Swift Technoplast Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Swift Technoplast Private Limited has 12 court cases on record: 8 filed by Swift Technoplast, 4 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 0 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Hansraj Agrofresh Private Limited Through Satyendra Singh | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Appln.) | Filed by the company against M/S. Pioneer Drip Systems P Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Ms. Pioneer Drip Systems P. Ltd. and 1 | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Iol Chemicals and Pharmaceuticals Ltd | Disposed |
| High Court, MAHARASHTRA | Appeal | Filed against the company by Cholamandalam M.S. General Insurance Co. Ltd. THR Its Authorized Representative Mr. Hemant Gaonkar | Pending |
To see the full case history of Swift Technoplast 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
Swift Technoplast Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 16 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 (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Global Packaging Automation LLP |
To see the full MSME payment records of Swift Technoplast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Swift Technoplast Private Limited has a workforce of 40 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Swift Technoplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS2091J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swift Technoplast Private Limited, buy the company report.
Recent activity
Swift Technoplast Private Limited has 7 board changes on record since 2010: 5 appointments and 2 cessations. The latest: Rajashri Marathe was appointed as Director on 23 May 2019.
21 earlier events are in the company report.
Frequently asked questions
Swift Technoplast is an active private limited company based in Thane, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 29 April 2010 (16+ years old) and is registered under CIN U25203MH2010PTC202558.
Swift Technoplast has 3 current directors:
- Krishna Marathe Mahadev - Managing Director
- Shiv Kumar Mittal - Director
- Rajashri Marathe - Director
The latest financial statements of Swift Technoplast 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 Swift Technoplast is 27AAOCS2091J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swift Technoplast is U25203MH2010PTC202558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swift Technoplast has 12 court cases on record: 8 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Swift Technoplast was incorporated on 29 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swift Technoplast by revenue are Machinograph Polycontainers (India) Pvt Ltd, Climax Synthetics Pvt Ltd, Yasharyn Packaging Private Limited, Glasso Pack Private Limited, Bansal Plastopack 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).
Rajashri Marathe was appointed as Director on 23 May 2019. Suryakant Yadavrao Shinde ceased to be Director on 16 May 2019. Yadavrao Vithal Shinde ceased to be Director on 26 Sep 2018. Swift Technoplast has 7 board changes on record in total.
Yes, Swift Technoplast is registered as a small enterprise under Udyam registration (number: UDYAM-MH-01-0011009).
Swift Technoplast has 5 MSME Form 1 returns on record between 2019 and 2024, listing 17 overdue payments to 16 micro and small suppliers. The latest return was filed on 10 May 2024.
Swift Technoplast can be reached through the website swiftind.co.in. Its registered office is in Thane, Maharashtra, India.

