MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-24-0004829
Multiflex Polybags Private Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.88 Cr
▲ 9% YoY
Net profit · FY 2024
₹53.53 Lakh
Net margin 2%
EBITDA · FY 2024
₹2.67 Cr
EBITDA margin 9.9%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.47 Cr
Issued & subscribed
Open charges
₹11.72 Cr
Satisfied ₹12.72 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
26
Provident fund records
About Multiflex Polybags Private Limited
Data last updated:
Multiflex Polybags Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 16 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25190TN2013PTC089401. Its GSTIN is 33AAICM3861A1ZU (Tamil Nadu).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.47 Cr. It is led by directors including Rajendra Baboolal Mehta and Hemant Kumar Mehta.
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 N0.9 Ponniamman Nagar Ayanambakkam, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.88 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹53.53 Lakh (net margin 2%) and EBITDA of ₹2.67 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Multiflex Polybags. As per MCA filings, the company has open charges of ₹11.72 Cr and satisfied charges of ₹12.72 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹1.99 Cr; the latest was in March 2017. Its 4 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is PVN Fabrics Private Limited with revenue of ₹27.27 Cr.
Multiflex Polybags Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0004829). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multiflex.co.in.
Company details
CIN U25190TN2013PTC089401
Registration Number 089401
Incorporation Date 16 January 2013
ROC Chennai
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 Small
Udyam Registration UDYAM-TN-24-0004829
Key People
Rajendra Baboolal Mehta Director Hemant Kumar Mehta Director Mahendrakumar Mehta Director Recognitions & Rankings of Multiflex Polybags
Contact details
Multiflex Polybags Private Limited's registered office is in Chennai, Tamil Nadu. Its website is multiflex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressN0.9 Ponniamman Nagar Ayanambakkam, Chennai, Tamil Nadu, India – 600095
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Multiflex Polybags Private Limited, buy the company report.
Comprehensive company report
Multiflex Polybags Private 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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Brands
Multiflex Polybags operates one associated brand: Multiflex Polybags. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging solutions including printing and polybags manufacturing in India. | multiflex.co.in |
Business activity
The main business activity of Multiflex Polybags 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 Multiflex Polybags Private Limited, buy the company report.
Financials of Multiflex Polybags Private Limited
FY 2025 filings availableMultiflex Polybags Private Limited reported revenue of ₹26.88 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹26.88 Cr ▲ 9%
Net profit · FY 2024
₹53.53 Lakh margin 2%
EBITDA · FY 2024
₹2.67 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA rose 2% 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 | ₹2.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.53 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 | 9.9% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Multiflex Polybags Private Limited, buy the company report.
Board of directors of Multiflex Polybags Private Limited
Multiflex Polybags has 6 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 |
|---|---|---|---|---|
| Rajendra Baboolal Mehta | Director | 16 Jan 2013 | 13 Years 9 Months | Current |
| Hemant Kumar Mehta Also directs: SNP Shares & Securities Private Limited | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Mahendrakumar Mehta | Director | 16 Jan 2013 | 13 Years 9 Months | Current |
| Anjana Rajendra Mehta | Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Pratikmehta | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
| Shobha Mehta | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Multiflex Polybags Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| PVN Fabrics Private Limited | ₹27.27 Cr (FY 2019) | -45.0% | Mumbai, Maharashtra, India | |||
| Navabharath Packaging Private Limited | ₹27.17 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Multiflex Polybags Private Limitedthis company | ₹26.88 Cr (FY 2024) | ₹53.53 Lakh | 2% | 9.0% | 26 | Chennai, Tamil Nadu, India |
| Latex Chemicals Private Limited | ₹26.4 Cr (FY 2024) | 17.0% | Uttar Pradesh, India | |||
| Goldcoin Industries Private Limited | ₹26.26 Cr (FY 2024) | -9.0% | Lodhika, Gujarat, India |
To see the full peer comparison of Multiflex Polybags Private Limited, buy the company report.
Auditor
Multiflex Polybags Private Limited is audited by AMISH N PATEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMISH N PATEL | FY 2023 | 027859 |
Shareholding
The shareholding of Multiflex Polybags 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 Multiflex Polybags Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.72 Cr
Satisfied charges
₹12.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2025 | 101171283 | Sidbi | ₹45 Lakh | Open | |
| 01 Aug 2024 | 100961339 | Sidbi | ₹2.05 Cr | Open | |
| 25 Jul 2023 | 100769200 | Axis Bank Limited | ₹9.22 Cr | Open | |
| 02 Dec 2021 | 100527507 | Others | ₹1.23 Cr | Satisfied | |
| 23 Jul 2015 | 10586109 | Oriental Bank of Commerce | ₹1 Cr | Satisfied |
To see the full charge records of Multiflex Polybags Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Multiflex Polybags Private Limited has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹1.99 Cr; the latest was in March 2017.
Total deals
4
Funding rounds
2
Rights issues
2
Disclosed funding
₹1.99 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹72.5 Lakh | Investors: 4 individuals |
| Jul 2015 | Rights issue | ₹74.2 Lakh | Investors: 3 individuals |
| May 2014 | Funding round | ₹99 Lakh | Investors: Mahendra Mehta HUF, 3 individuals |
| Dec 2013 | Funding round | ₹1 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Multiflex Polybags Private Limited has 8 court cases on record: 7 filed by Multiflex Polybags, 1 filed against it. 5 cases are pending and 3 are disposed.
Total cases
8
Filed by the company
7
Filed against the company
1
Pending
5
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 4 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Bubble Organic Food Products Private Limited | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Britannia Industries Ltd and 2 others | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against Phalada Organic Consumer Products Pvt Ltd | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Multiflex Polybags 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
Multiflex Polybags Private Limited was last rated by Crisil on 05 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Nov 2020 |
To see the full credit ratings and regulatory alerts of Multiflex Polybags Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Multiflex Polybags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Multiflex Polybags Private Limited has a workforce of 26 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
4%
GST
Multiflex Polybags has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICM3861A1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multiflex Polybags Private Limited, buy the company report.
Recent activity
Multiflex Polybags Private Limited has 11 board changes on record since 2013: 6 appointments and 5 cessations. The latest: Pratikmehta ceased to be Additional Director on 29 Sep 2024.
AGM
Multiflex Polybags Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 0.45 Cr with Charge ID 101171283 was registered on 18 Sep 2025.
Filing
Multiflex Polybags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Pratikmehta ceased to be Additional Director.
Ceased
Nayan Mahendra Mehta ceased to be Director.
Appointed
Pratikmehta was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 2.05 Cr with Charge ID 100961339 was registered on 01 Aug 2024.
Charges
A charge registered on 02 Dec 2021 via Charge ID 100527507 with Others was fully satisfied on 27 Jul 2023.
Charges
A charge registered on 23 Jul 2015 via Charge ID 10586109 with Oriental Bank Of Commerce was fully satisfied on 27 Jul 2023.
Charges
A charge registered on 20 Jun 2013 via Charge ID 10440742 with Others was fully satisfied on 27 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.22 Cr with Charge ID 100769200 was registered on 25 Jul 2023.
Charges
A charge with Others amounted to Rs. 1.23 Cr with Charge ID 100527507 was registered on 02 Dec 2021.
12 earlier events are in the company report.
Frequently asked questions
Multiflex Polybags is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 16 January 2013 (13+ years old) and is registered under CIN U25190TN2013PTC089401.
Multiflex Polybags has 6 current directors:
- Rajendra Baboolal Mehta - Director
- Hemant Kumar Mehta - Director
- Mahendrakumar Mehta - Director
- Anjana Rajendra Mehta - Director
- Pratikmehta - Director
- Shobha Mehta - Director
The latest financial statements of Multiflex Polybags 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 GSTIN of Multiflex Polybags is 33AAICM3861A1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Multiflex Polybags is U25190TN2013PTC089401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiflex Polybags has 8 court cases on record: 7 filed by the company and 1 filed against it. 5 are pending. Most are in the district courts.
Multiflex Polybags was incorporated on 16 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Multiflex Polybags has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹1.99 Cr; the latest was in March 2017.
The peers of Multiflex Polybags by revenue are PVN Fabrics Private Limited, Navabharath Packaging Private Limited, Latex Chemicals Private Limited, Goldcoin Industries Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Pratikmehta ceased to be Additional Director on 29 Sep 2024. Nayan Mahendra Mehta ceased to be Director on 18 Sep 2024. Pratikmehta was appointed as Director on 18 Sep 2024. Multiflex Polybags has 11 board changes on record in total.
Yes, Multiflex Polybags is registered as a small enterprise under Udyam registration (number: UDYAM-TN-24-0004829).