MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0058945
Multiplast Polymer Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.06 Cr
▲ 19% YoY
Net profit · FY 2024
₹1.54 Cr
Net margin 5.1%
EBITDA · FY 2024
₹4.29 Cr
EBITDA margin 14.3%
Authorised capital
₹3.68 Cr
Registered with MCA
Paid-up capital
₹1.45 Cr
Issued & subscribed
Open charges
₹14.21 Cr
Satisfied ₹76.25 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
94
Provident fund records
About Multiplast Polymer Private Limited
Data last updated:
Multiplast Polymer Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 03 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2007PTC170532. Its GSTIN is 27AAFCM0612E1ZZ (Maharashtra).
The company has an authorised share capital of ₹3.68 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors Manisha Manoj Gada and Manoj Vasanji Gada.
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 B – 603 Runwal Tower Opp. Veena Nagar L.B.S. Marg Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.06 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 5.1%) and EBITDA of ₹4.29 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MultiPlast. As per MCA filings, the company has open charges of ₹14.21 Cr and satisfied charges of ₹76.25 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Multiplast Polymer Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0058945). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multi-plast.com.
Company details
CIN U25209MH2007PTC170532
Registration Number 170532
Incorporation Date 03 May 2007
ROC Mumbai
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-MH-33-0058945
Recognitions & Rankings of Multiplast Polymer
Contact details
Multiplast Polymer Private Limited's registered office is in Mumbai, Maharashtra. Its website is multi-plast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 603 Runwal Tower Opp. Veena Nagar L.B.S. Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Multiplast Polymer Private Limited, buy the company report.
Comprehensive company report
Multiplast Polymer 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
Multiplast Polymer operates one associated brand: MultiPlast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical and FMCG packaging manufacturing in India. | multi-plast.com |
Business activity
The main business activity of Multiplast Polymer 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 Multiplast Polymer Private Limited, buy the company report.
Financials of Multiplast Polymer Private Limited
FY 2025 filings availableMultiplast Polymer Private Limited reported revenue of ₹30.06 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹30.06 Cr ▲ 19%
Net profit · FY 2024
₹1.54 Cr margin 5.1%
EBITDA · FY 2024
₹4.29 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 4%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▼ 6%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 19% growth in the latest year. EBITDA rose 51% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.54 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 | |||||
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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 | 14.3% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Multiplast Polymer Private Limited, buy the company report.
Board of directors of Multiplast Polymer Private Limited
Multiplast Polymer has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Manoj Gada | Director | 25 Aug 2009 | 17 Years 2 Months | Current |
| Manoj Vasanji Gada | Director | 03 May 2007 | 19 Years 6 Months | Current |
Peer comparison
Multiplast Polymer Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Bottles and Caps), 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 |
|---|---|---|---|---|---|---|
| Pune Polytech Private Limited | ₹31.36 Cr (FY 2025) | 2.0% | Pune, Maharashtra, India | |||
| Sarthak Pet Industries (India) Private Limited | ₹31.18 Cr (FY 2025) | -60.0% | Indore, Madhya Pradesh, India | |||
| Aspet Technoplast Private Limited | ₹30.41 Cr (FY 2024) | -35.0% | Dhule, Maharashtra, India | |||
| Aglo Packagings Limited | ₹30.12 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Multiplast Polymer Private Limitedthis company | ₹30.06 Cr (FY 2024) | ₹1.54 Cr | 5.1% | 19.0% | 94 | Mumbai, Maharashtra, India |
| Winley Polymers Private Limited | ₹29.88 Cr (FY 2025) | 10.0% | Jalgaon, Maharashtra, India | |||
| Himalaya Polytech Private Limited | ₹29.65 Cr (FY 2024) | -1.0% | Delhi, India | |||
| Skymap Packaging Private Limited | ₹29.31 Cr (FY 2025) | 3.0% | Delhi, India |
To see the full peer comparison of Multiplast Polymer Private Limited, buy the company report.
Auditor
Multiplast Polymer Private Limited is audited by CGCA & Associates Chartered Accountants LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGCA & Associates Chartered Accountants LLP | FY 2022 | 123393W |
Shareholding
The shareholding of Multiplast Polymer Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multiplast Polymer Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.21 Cr
Satisfied charges
₹76.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100824929 | Sidbi | ₹7.3 Cr | Open | |
| 30 Sep 2020 | 100382445 | Axis Bank Limited | ₹1.51 Cr | Open | |
| 30 Sep 2020 | 100382449 | Axis Bank Limited | ₹5.4 Cr | Open | |
| 17 May 2017 | 100098473 | Yes Bank Limited | ₹9.83 Cr | Satisfied | |
| 30 Mar 2017 | 100095455 | Yes Bank Limited | ₹9.83 Cr | Satisfied |
To see the full charge records of Multiplast Polymer Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Multiplast Polymer Private Limited has 4 court cases on record: 3 filed by Multiplast Polymer, 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Multiplast Polymer 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
Multiplast Polymer Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cgca & Associates LLP | |||
| Femick Industries | |||
| Glow Plast Machines Private Limited | |||
| Premium Polymers Limited | |||
| Panabyte Technologies Limited |
To see the full MSME payment records of Multiplast Polymer Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Multiplast Polymer Private Limited has a workforce of 94 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
94
Active EPFO establishments
1
Employee growth
-5.05%
GST
Multiplast Polymer has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM0612E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multiplast Polymer Private Limited, buy the company report.
Recent activity
Multiplast Polymer Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Deepak Meghji Savla ceased to be Director on 28 Mar 2016.
AGM
Multiplast Polymer Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Multiplast Polymer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Sidbi amounted to Rs. 7.30 Cr with Charge ID 100824929 was registered on 31 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 1.51 Cr registered on 30 Sep 2020 with Charge ID 100382445 was modified on 18 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 5.40 Cr registered on 30 Sep 2020 with Charge ID 100382449 was modified on 18 Oct 2023.
Charges
A charge registered on 17 May 2017 via Charge ID 100098473 with Yes Bank Limited was fully satisfied on 20 May 2021.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100095455 with Yes Bank Limited was fully satisfied on 20 May 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.51 Cr with Charge ID 100382445 was registered on 30 Sep 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.40 Cr with Charge ID 100382449 was registered on 30 Sep 2020.
Charges
A charge registered on 31 Mar 2014 via Charge ID 10507278 with Reliance Capital Ltd was fully satisfied on 06 Mar 2018.
Charges
A charge registered on 22 Mar 2010 via Charge ID 10214188 with Union Bank Of India was fully satisfied on 28 Jul 2017.
Charges
A charge registered on 31 Dec 2009 via Charge ID 10196609 with Union Bank Of India was fully satisfied on 28 Jul 2017.
29 earlier events are in the company report.
Frequently asked questions
Multiplast Polymer is an active private limited company based in Mumbai, Maharashtra, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 03 May 2007 (19+ years old) and is registered under CIN U25209MH2007PTC170532.
Multiplast Polymer has 2 current directors:
- Manisha Manoj Gada - Director
- Manoj Vasanji Gada - Director
The latest financial statements of Multiplast Polymer 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 Multiplast Polymer is 27AAFCM0612E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multiplast Polymer is U25209MH2007PTC170532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiplast Polymer has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Multiplast Polymer was incorporated on 03 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Multiplast Polymer by revenue are Pune Polytech Private Limited, Sarthak Pet Industries (India) Private Limited, Aspet Technoplast Private Limited, Aglo Packagings Limited, Winley Polymers Private Limited and 2 more, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Deepak Meghji Savla ceased to be Director on 28 Mar 2016. Vishanji Ravji Gada ceased to be Director on 04 Aug 2013. Manisha Manoj Gada ceased to be Additional Director on 28 Sep 2010. Multiplast Polymer has 6 board changes on record in total.
Yes, Multiplast Polymer is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0058945).
Multiplast Polymer has 9 MSME Form 1 returns on record between 2019 and 2023, listing 53 overdue payments to 19 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Multiplast Polymer can be reached through the website multi-plast.com. Its registered office is in Mumbai, Maharashtra, India.
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