MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-09-0009169
Veejay Polyplast Limited - manufacturing in Kothur, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹126.07 Cr
▲ 21% YoY
Net profit · FY 2025
₹1.32 Cr
Net margin 1%
EBITDA · FY 2025
₹14.39 Cr
EBITDA margin 11.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.17 Cr
Issued & subscribed
Open charges
₹119.28 Cr
Satisfied ₹29 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
10
Provident fund records
About Veejay Polyplast Limited
Data last updated:
Veejay Polyplast Limited is a public limited company based in Kothur, Telangana, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 11 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24110TG2008PLC057548.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.17 Cr. It was formerly known as Veekay Industries (India) Limited. It is led by directors including Mahesh Pitti (Managing Director) and Mayur Pitti.
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 Sy. No:160 Kothur Industrial Estate, Telangana, India – 509228.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.07 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Cr (net margin 1%) and EBITDA of ₹14.39 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹119.28 Cr and satisfied charges of ₹29 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Veejay Polyplast Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0009169). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veekaygroup.in.
Company details
CIN U24110TG2008PLC057548
Registration Number 057548
Incorporation Date 11 February 2008
ROC Hyderabad
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 Medium
Udyam Registration UDYAM-TS-09-0009169
CIN history
Veejay Polyplast has one previous CIN (Corporate Identification Number): U24110AP2008PLC057548. The current CIN is U24110TG2008PLC057548, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110TG2008PLC057548 | Current |
| U24110AP2008PLC057548 | Previous |
Recognitions & Rankings of Veejay Polyplast
Contact details
Veejay Polyplast Limited's registered office is in Kothur, Telangana. Its website is veekaygroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy. No:160 Kothur Industrial Estate, Telangana, India – 509228
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Veejay Polyplast Limited, buy the company report.
Comprehensive company report
Veejay Polyplast 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 Veejay Polyplast 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 Veejay Polyplast Limited, buy the company report.
Financials of Veejay Polyplast Limited
FY 2025 filings availableVeejay Polyplast Limited reported revenue of ₹126.07 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹126.07 Cr ▲ 21%
Net profit · FY 2025
₹1.32 Cr margin 1%
EBITDA · FY 2025
₹14.39 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 16%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 42%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 21% growth in the latest year. EBITDA rose 61% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.32 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Veejay Polyplast Limited, buy the company report.
Board of directors of Veejay Polyplast Limited
Veejay Polyplast has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Pitti Also directs: Veejay Poly Films Limited | Director | 01 Feb 2016 | 10 Years 8 Months | Current |
| Krishna Pitti Also directs: Veejay Poly Films Limited | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Akshay Pitti Also directs: Veejay Poly Films Limited | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Mahesh Pitti | Managing Director | 11 Feb 2008 | 18 Years 8 Months | Current |
| Mahaveer Pitti | Director | 11 Feb 2008 | 18 Years 8 Months | Current |
Peer comparison
Veejay Polyplast Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Tilara Polyplast Private Limited | ₹126.38 Cr (FY 2025) | 3.0% | Rajkot, Gujarat, India | |||
| Veejay Polyplast Limitedthis company | ₹126.07 Cr (FY 2025) | ₹1.32 Cr | 1% | 21.0% | 10 | Kothur, Telangana, India |
| Chanvim Plastics Private Limited | ₹119.94 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Crestia Polytech Private Limited | ₹119.72 Cr (FY 2025) | -45.0% | Patna, Bihar, India |
To see the full peer comparison of Veejay Polyplast Limited, buy the company report.
Auditor
Veejay Polyplast Limited is audited by K P M D & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M D & CO | FY 2023 | 0017760S |
Shareholding
The shareholding of Veejay Polyplast 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veejay Polyplast Limited, buy the company report.
Charges & borrowings
Open charges
₹119.28 Cr
Satisfied charges
₹29 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2022 | 100538028 | Tata Capital Financial Services Limited | ₹12.3 Cr | Open | |
| 17 Jan 2022 | 100538213 | Tata Capital Financial Services Limited | ₹2.5 Cr | Open | |
| 28 Oct 2021 | 100498739 | Others | ₹15 Cr | Open | |
| 28 Oct 2021 | 100498746 | Others | ₹15 Cr | Open | |
| 31 Dec 2018 | 100234006 | Hdfc Bank Limited | ₹74.48 Cr | Open |
To see the full charge records of Veejay Polyplast Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Veejay Polyplast Limited has 2 court cases on record: 1 filed by Veejay Polyplast, 1 filed against it. All cases are pending.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against M/S. Sindhura Paper Private Limited and 6 others | Pending |
| District court, Nizamabad, Telangana | Court case (IP) | Filed against the company | Pending |
To see the full case history of Veejay Polyplast 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
Veejay Polyplast Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 25 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Venkateshwara Coil Mill Private Limited | |||
| Vighneshwar Airconditioning Private Limited | |||
| Heatex Industries Limited | |||
| an individual supplier | |||
| Biyani Rubber Products Private Limited |
To see the full MSME payment records of Veejay Polyplast Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Veejay Polyplast has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Veejay Polyplast Limited has a workforce of 10 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
No GST registration is on our record for Veejay Polyplast Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veejay Polyplast Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Akshay Pitti ceased to be Director on 29 Sep 2022.
AGM
Veejay Polyplast Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Veejay Polyplast Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited of Rs. 74.48 Cr registered on 31 Dec 2018 with Charge ID 100234006 was modified on 29 Oct 2024.
Charges
A charge with Others of Rs. 15.00 Cr registered on 28 Oct 2021 with Charge ID 100498746 was modified on 26 Feb 2024.
Ceased
Akshay Pitti ceased to be Director.
Appointed
Akshay Pitti was appointed as Director.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 12.30 Cr with Charge ID 100538028 was registered on 17 Jan 2022.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 2.50 Cr with Charge ID 100538213 was registered on 17 Jan 2022.
Charges
A charge with Others of Rs. 15.00 Cr registered on 28 Oct 2021 with Charge ID 100498739 was modified on 15 Dec 2021.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100498739 was registered on 28 Oct 2021.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100498746 was registered on 28 Oct 2021.
Appointed
Krishna Pitti was appointed as Director.
12 earlier events are in the company report.
Frequently asked questions
Veejay Polyplast is an active public limited company based in Kothur, Telangana, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 11 February 2008 (18+ years old) and is registered under CIN U24110TG2008PLC057548.
Veejay Polyplast has 5 current directors:
- Mahesh Pitti - Managing Director
- Mayur Pitti - Director
- Krishna Pitti - Director
- Akshay Pitti - Director
- Mahaveer Pitti - Director
The latest financial statements of Veejay Polyplast 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 CIN (Corporate Identification Number) of Veejay Polyplast is U24110TG2008PLC057548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veejay Polyplast has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Veejay Polyplast was incorporated on 11 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Veejay Polyplast by revenue are Tilara Polyplast Private Limited, Chanvim Plastics Private Limited, Crestia Polytech 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).
Akshay Pitti ceased to be Director on 29 Sep 2022. Akshay Pitti was appointed as Director on 22 Apr 2022. Krishna Pitti was appointed as Director on 05 Jul 2021. Veejay Polyplast has 9 board changes on record in total.
Yes, Veejay Polyplast is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-09-0009169).
Veejay Polyplast has 4 MSME Form 1 returns on record between 2021 and 2023, listing 25 overdue payments to 9 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Veejay Polyplast can be reached through the website veekaygroup.in. Its registered office is in Kothur, Telangana, India.
The registered office of Veejay Polyplast is at Sy. No:160 Kothur Industrial Estate, Telangana, India – 509228.