About Narendra Plastic Private Limited (Part IX)
Data last updated:
Narendra Plastic Private Limited (Part IX) is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 02 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2006PTC161549. Its GSTIN is 27AACCN3024E3ZV (Maharashtra). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹19.65 Cr. It is led by directors Neemit Narendra Punamiya and Punit Narendrakumar Punamiya.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3 Vakil Industrial Estate Walbhat Road Goregaon (East) Mumbai – 400063, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹228.94 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.03 Cr (net margin 2.6%) and EBITDA of ₹10.2 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹42 Cr and satisfied charges of ₹263.43 Cr on record. Court records list 37 cases involving the company, including 19 filed by the company and 18 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website narendrabags.com.
Company details
Contact details
Narendra Plastic Private Limited (Part IX)'s registered office is in Mumbai, Maharashtra. Its website is narendrabags.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3 Vakil Industrial Estate Walbhat Road Goregaon (East) Mumbai – 400063, Maharashtra, India – 400063
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Narendra Plastic Private Limited (Part IX), 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
Business activity
The main business activity of Narendra Plastic Private Limited (Part IX) 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 Narendra Plastic Private Limited (Part IX), buy the company report.
Financials of Narendra Plastic Private Limited (Part IX)
FY 2024 filings availableNarendra Plastic Private Limited (Part IX) reported revenue of ₹228.94 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 6% growth in the latest year. EBITDA rose 76% 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 | ₹10.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.03 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 | 4.5% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Narendra Plastic Private Limited (Part IX), buy the company report.
Board of directors of Narendra Plastic Private Limited (Part IX)
Narendra Plastic Private Limited (Part IX) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neemit Narendra Punamiya | Director | 03 May 2006 | 20 Years 5 Months | Current |
| Punit Narendrakumar Punamiya Also directs: Nutrigrain Labs LLP, Narendra Exim Private Limited, Crystallife World Private Limited and 1 more | Director | 03 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Narendra Plastic Private Limited (Part IX) is compared with the 8 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 |
|---|---|---|---|---|---|---|
| J.J. Polyplast Private Limited | ₹243.23 Cr (FY 2017) | -11.0% | Mumbai, Maharashtra, India | |||
| SNJ Synthetics Limited | ₹243.08 Cr (FY 2025) | 9.0% | R.C.Puram, Telangana, India | |||
| Premier Seals (India) Private Limited | ₹238.49 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Padmey Impex Private Limited | ₹230.54 Cr (FY 2017) | 1.0% | Mumbai, Maharashtra, India | |||
| Narendra Plastic Private Limited (Part IX)this company | ₹228.94 Cr (FY 2025) | ₹6.03 Cr | 2.6% | 6.0% | Mumbai, Maharashtra, India | |
| Arihant Duraplast Private Limited | ₹222.77 Cr (FY 2025) | 2.0% | Kanchipuram, Tamil Nadu, India | |||
| Mplastics Toys and Engineering Private Limited | ₹220.71 Cr (FY 2025) | 80.0% | Hosur, Tamil Nadu, India | |||
| Nanofil Technologies Private Limited | ₹220.61 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India | |||
| Manhar Polymers Private Limited | ₹220.25 Cr (FY 2025) | 76.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Narendra Plastic Private Limited (Part IX), buy the company report.
Auditor
Narendra Plastic Private Limited (Part IX) is audited by Amit Desai & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit Desai & Associates | FY 2023 | 113901W |
Shareholding
The shareholding of Narendra Plastic Private Limited (Part IX) 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 Narendra Plastic Private Limited (Part IX), buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2024 | 100849853 | Others | ₹42 Cr | Open | |
| 03 May 2019 | 100264447 | Standard Chartered Bank | ₹43,829 | Satisfied | |
| 30 Sep 2013 | 10455218 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹5 Cr | Satisfied | |
| 12 Sep 2012 | 10380718 | Reliance Asset Reconstruction Company Limited | ₹20 Cr | Satisfied | |
| 18 Jul 2012 | 10375273 | Aditya Birla Finance Limited | ₹15 Cr | Satisfied |
To see the full charge records of Narendra Plastic Private Limited (Part IX), buy the company report.
Total charge records: 22 View all charges
Legal cases
Narendra Plastic Private Limited (Part IX) has 37 court cases on record: 19 filed by Narendra Plastic Private Limited (Part IX), 18 filed against it. 3 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 13 | 2 |
| District courts | 7 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Diu, The Dadra And Nagar Haveli And Daman And Diu | Commercial suit | Filed by the company against Store One Retail India Limited and 10 Ors. and 1 other | Disposed |
| Bombay High Court | Court case (NMCA) | Filed by the company against Itochu India Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Itochu India Private Limited | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by Itochu India Private Limited | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Itochu India Private Limited | Disposed |
To see the full case history of Narendra Plastic Private Limited (Part IX), 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
Narendra Plastic Private Limited (Part IX) has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sda Advisors Private Limited |
To see the full MSME payment records of Narendra Plastic Private Limited (Part IX), buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Narendra Plastic Private Limited (Part IX) has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN3024E3ZV | Maharashtra | Active | 09 Mar 2018 |
| 05AACCN3024E1Z3 | Uttarakhand | Active | 01 Jul 2017 |
| 26AACCN3024E1ZZ | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Narendra Plastic Private Limited (Part IX), buy the company report.
Recent activity
Narendra Plastic Private Limited (Part IX) has 11 board changes on record since 2006: 2 appointments and 9 cessations. The latest: Lalit Navratan Punamiya ceased to be Director on 11 Oct 2014.
56 earlier events are in the company report.
Frequently asked questions
Narendra Plastic Private Limited (Part IX) is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 02 May 2006 (20+ years old) and is registered under CIN U25200MH2006PTC161549.
Narendra Plastic Private Limited (Part IX) has 2 current directors:
- Neemit Narendra Punamiya - Director
- Punit Narendrakumar Punamiya - Director
The latest financial statements of Narendra Plastic Private Limited (Part IX) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Narendra Plastic Private Limited (Part IX) is 27AACCN3024E3ZV, registered in Maharashtra. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 05AACCN3024E1Z3 (Uttarakhand), 26AACCN3024E1ZZ (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Narendra Plastic Private Limited (Part IX) is U25200MH2006PTC161549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narendra Plastic Private Limited (Part IX) has 37 court cases on record: 19 filed by the company and 18 filed against it. 3 are pending. Most are in the high courts.
Narendra Plastic Private Limited (Part IX) was incorporated on 02 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Narendra Plastic Private Limited (Part IX) by revenue are J.J. Polyplast Private Limited, SNJ Synthetics Limited, Premier Seals (India) Private Limited, Padmey Impex Private Limited, Arihant Duraplast Private Limited and 3 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).
Lalit Navratan Punamiya ceased to be Director on 11 Oct 2014. Navratan Mulchand Punamiya ceased to be Director on 11 Oct 2014. Sanjay Khatau Asher ceased to be Nominee Director on 12 Jun 2014. Narendra Plastic Private Limited (Part IX) has 11 board changes on record in total.
Narendra Plastic Private Limited (Part IX) has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 Oct 2021.
Narendra Plastic Private Limited (Part IX) can be reached through the website narendrabags.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Narendra Plastic Private Limited (Part IX) is at 3 Vakil Industrial Estate Walbhat Road Goregaon East Mumbai – 400063, Maharashtra, India – 400063.