About Zenith Metaplast Private Limited
Data last updated:
Zenith Metaplast Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 07 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28129MH1994PTC081864. Its GSTIN is 27AAACZ0759L1ZW (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹6.31 Cr. It is led by directors including Venugopal Bhaskaran (Managing Director) and Asha Venugopal Neduvakat.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. F – 18 MIDC Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2025, the company reported a revenue of ₹307.32 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹6.35 Cr (net margin 2.1%) and EBITDA of ₹31.04 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
The company has about 373 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zenith Metaplast. As per MCA filings, the company has open charges of ₹214.37 Cr and satisfied charges of ₹130.76 Cr on record. Court records list 69 cases involving the company, including 34 filed by the company and 35 filed against it; 12 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.94 Cr; the latest was in March 2024. The company has 2 MSME Form 1 returns on record between 2019 and 2022, listing 43 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zenithmetaplast.com.
Company details
Contact details
Zenith Metaplast Private Limited's registered office is in Nashik, Maharashtra. Its website is zenithmetaplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. F – 18 MIDC Satpur, Nashik, Maharashtra, India – 422007
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Zenith Metaplast 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
Zenith Metaplast operates one associated brand: Zenith Metaplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of plastic injection moulding, sheet metal, soft luggage, and aluminium die castings | zenithmetaplast.com |
Business activity
The main business activity of Zenith Metaplast is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Zenith Metaplast Private Limited, buy the company report.
Financials of Zenith Metaplast Private Limited
FY 2025 filings availableZenith Metaplast Private Limited reported revenue of ₹307.32 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Zenith Metaplast Private Limited, buy the company report.
Board of directors of Zenith Metaplast Private Limited
Zenith Metaplast has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Venugopal Neduvakat | Director | 07 Oct 1994 | 32 Years 0 Months | Current |
| Anjali Aditya Also directs: Zenith Screens LLP, Barewether Enterprise Private Limited | Director | 05 Aug 2024 | 2 Years 2 Months | Current |
| Venugopal Bhaskaran Also directs: V3 Enterprises Private Limited | Managing Director | 07 Oct 1994 | 32 Years 0 Months | Current |
| Aditya Venugopal | Director | 31 Aug 2009 | 17 Years 1 Months | Current |
| Romi Divakaran | Director | 07 Oct 1994 | 32 Years 0 Months | Current |
Auditor
Zenith Metaplast Private Limited is audited by PATEL KALANTRI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL KALANTRI AND ASSOCIATES | FY 2023 | 112273W |
Shareholding
The shareholding of Zenith Metaplast 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 Zenith Metaplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2023 | 100812898 | Hdfc Bank Limited | ₹73.66 Lakh | Open | |
| 20 Jun 2023 | 100810519 | Hdfc Bank Limited | ₹79.48 Lakh | Open | |
| 20 Jun 2023 | 100810520 | Hdfc Bank Limited | ₹1.7 Cr | Open | |
| 30 Dec 2021 | 100517001 | Others | ₹28.72 Cr | Open | |
| 21 Jan 2021 | 100412940 | Hdfc Bank Limited | ₹106.42 Cr | Open |
To see the full charge records of Zenith Metaplast Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Zenith Metaplast Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.94 Cr; the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Dec 2014 | Funding round | ₹1.89 Cr | Investors: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2010 | Funding round | ₹3.05 Cr | Investors: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Zenith Metaplast Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zenith Metaplast Private Limited has 69 court cases on record: 34 filed by Zenith Metaplast, 35 filed against it. 12 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 16 | 8 |
| District courts | 30 | 18 | 4 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Brandz Storm India Marketing Pvt. Ltd. | Pending |
| District court, Nashik, Maharashtra | Commercial matter | Filed by the company against Wipro Enterprises P Ltd | Pending |
| District court, Vadodara, Gujarat | Court case (EXE S) | Filed by the company against Polysil Irrigation Systems Ltd. | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Wipro Enterprises (P) Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Wipro Enterprises (P) Ltd. | Pending |
To see the full case history of Zenith Metaplast 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.
Credit ratings & regulatory alerts
Zenith Metaplast Private Limited was last rated by Care on 10 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Apr 2023 |
To see the full credit ratings and regulatory alerts of Zenith Metaplast Private Limited, buy the company report.
MSME payment delays
Zenith Metaplast Private Limited has 2 MSME Form 1 returns on record between 2019 and 2022, listing 43 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Grand Polycoats Company Private Limited | |||
| an individual supplier | |||
| A.K.Industries |
To see the full MSME payment records of Zenith Metaplast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Zenith Metaplast Private Limited has a workforce of 373 employees on its EPFO records as of Sep 11, 2024, across 2 active EPFO establishments.
GST
Zenith Metaplast has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ0759L1ZW | Maharashtra | Active | 01 Jul 2017 |
| 29AAACZ0759L1ZS | Karnataka | Active | 01 Jul 2017 |
| 37AAACZ0759L1ZV | Andhra Pradesh | Active | 01 Jul 2017 |
| 36AAACZ0759L1ZX | Telangana | Active | 09 May 2022 |
To see the full GST registrations and return filing status of Zenith Metaplast Private Limited, buy the company report.
Recent activity
Zenith Metaplast Private Limited has 6 board changes on record since 1994: 5 appointments and 1 cessation. The latest: Anjali Aditya ceased to be Additional Director on 24 Sep 2025.
75 earlier events are in the company report.
Frequently asked questions
Zenith Metaplast is an active private limited company based in Nashik, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 07 October 1994 (32+ years old) and is registered under CIN U28129MH1994PTC081864.
Zenith Metaplast has 5 current directors:
- Venugopal Bhaskaran - Managing Director
- Asha Venugopal Neduvakat - Director
- Anjali Aditya - Director
- Aditya Venugopal - Director
- Romi Divakaran - Director
The latest financial statements of Zenith Metaplast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zenith Metaplast is 27AAACZ0759L1ZW, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACZ0759L1ZS (Karnataka), 37AAACZ0759L1ZV (Andhra Pradesh), 36AAACZ0759L1ZX (Telangana).
The CIN (Corporate Identification Number) of Zenith Metaplast is U28129MH1994PTC081864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Metaplast has 69 court cases on record: 34 filed by the company and 35 filed against it. 12 are pending. Most are in the high courts.
Zenith Metaplast was incorporated on 07 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Zenith Metaplast has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.94 Cr; the latest was in March 2024.
Anjali Aditya ceased to be Additional Director on 24 Sep 2025. Anjali Aditya was appointed as Director on 05 Aug 2024. Aditya Venugopal was appointed as Director on 31 Aug 2009. Zenith Metaplast has 6 board changes on record in total.
Zenith Metaplast has 2 MSME Form 1 returns on record between 2019 and 2022, listing 43 overdue payments to 11 micro and small suppliers. The latest return was filed on 27 Apr 2022.
Zenith Metaplast can be reached through the website zenithmetaplast.com. Its registered office is in Nashik, Maharashtra, India.