MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0021046
Nataraj Polyplast Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.56 Cr
▼ 71% YoY
Net profit · FY 2025
₹13.48 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹2.62 Cr
EBITDA margin 6.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹33.66 Cr
Satisfied ₹3.34 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
44
Provident fund records
About Nataraj Polyplast Private Limited
Data last updated:
Nataraj Polyplast Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 08 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2009PTC058807. Its GSTIN is 24AADCN1351K1ZN (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Dhaval Keshubhai Rank and Krunal Mansukhbhai Rank.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.56 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹13.48 Lakh (net margin 0.3%) and EBITDA of ₹2.62 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹33.66 Cr and satisfied charges of ₹3.34 Cr on record. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹29 Lakh; the latest was in March 2018. Its 3 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Western Irrigation System Private Limited with revenue of ₹39.76 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 4 micro and small suppliers.
Nataraj Polyplast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0021046). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website natarajpolyplast.com.
Company details
CIN U25200GJ2009PTC058807
Registration Number 058807
Incorporation Date 08 December 2009
ROC Ahmedabad
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-GJ-20-0021046
Key People
Dhaval Keshubhai Rank Director Krunal Mansukhbhai Rank Director Mansukhbhai Karamshibhai Rank Director Recognitions & Rankings of Nataraj Polyplast
Contact details
Nataraj Polyplast Private Limited's registered office is in Rajkot, Gujarat. Its website is natarajpolyplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No – 168 Plot No. 23 Patel Industrial Area Nr. Railway Over Bridge Dhebar Road (So, Uth), Rajkot, Gujarat, India – 360002
- IndustryManufacturing, Plastic-Based Products, Pipe & Tubes
To see the full contact details of Nataraj Polyplast Private Limited, buy the company report.
Comprehensive company report
Nataraj Polyplast 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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Business activity
The main business activity of Nataraj 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 Nataraj Polyplast Private Limited, buy the company report.
Financials of Nataraj Polyplast Private Limited
FY 2025 filings availableNataraj Polyplast Private Limited reported revenue of ₹39.56 Cr (down 71% YoY) for FY 2025.
Revenue · FY 2025
₹39.56 Cr ▼ 71%
Net profit · FY 2025
₹13.48 Lakh margin 0.3%
EBITDA · FY 2025
₹2.62 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 13%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 3%
5 years · compounded
▲ 1%
Revenue fell 71% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 55% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 6.6% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Nataraj Polyplast Private Limited, buy the company report.
Board of directors of Nataraj Polyplast Private Limited
Nataraj Polyplast has 6 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 |
|---|---|---|---|---|
| Dhaval Keshubhai Rank Also directs: Otmos Corporation LLP | Director | 25 May 2024 | 2 Years 5 Months | Current |
| Krunal Mansukhbhai Rank Also directs: Otmos Corporation LLP | Director | 25 May 2024 | 2 Years 5 Months | Current |
| Mansukhbhai Karamshibhai Rank | Director | 08 Dec 2009 | 16 Years 10 Months | Current |
| Mayurbhai Karamshibhai Rank | Director | 08 Dec 2009 | 16 Years 10 Months | Current |
| Keshubhai Karamshibhai Rank | Director | 08 Dec 2009 | 16 Years 10 Months | Current |
| Rajeshbhai Jivrajbhai Sardhara | Director | 08 Dec 2009 | 16 Years 10 Months | Current |
Peer comparison
Nataraj Polyplast Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), 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 |
|---|---|---|---|---|---|---|
| Western Irrigation System Private Limited | ₹39.76 Cr (FY 2024) | 244.0% | Rajkot, Gujarat, India | |||
| Nataraj Polyplast Private Limitedthis company | ₹39.56 Cr (FY 2025) | ₹13.48 Lakh | 0.3% | -71.0% | 44 | Rajkot, Gujarat, India |
| Shree Sai Plast Private Limited | ₹39.31 Cr (FY 2025) | -29.0% | Patna, Bihar, India | |||
| Nerolex Polyplast Private Limited | ₹39.02 Cr (FY 2025) | 9.0% | Metoda, Gujarat, India |
To see the full peer comparison of Nataraj Polyplast Private Limited, buy the company report.
Auditor
Nataraj Polyplast Private Limited is audited by BALDHA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALDHA & ASSOCIATES | FY 2023 | 130800W |
Shareholding
The shareholding of Nataraj Polyplast 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 Nataraj Polyplast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.66 Cr
Satisfied charges
₹3.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2025 | 101106507 | Others | ₹31.5 Lakh | Open | |
| 02 Apr 2024 | 100918247 | Others | ₹1.17 Cr | Open | |
| 02 Apr 2024 | 100918245 | Others | ₹10 Lakh | Open | |
| 27 Jun 2023 | 100755456 | Others | ₹63.8 Lakh | Open | |
| 20 Apr 2023 | 100745400 | Others | ₹24.7 Lakh | Open |
To see the full charge records of Nataraj Polyplast Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Nataraj Polyplast Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹29 Lakh; the latest was in March 2018.
Total deals
5
Rights issues
2
Secondary share transfers
2
Funding round
1
Disclosed funding
₹29 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Mahesh Sidpara HUF Seller: an individual |
| Mar 2017 | Rights issue | ₹2.5 Cr | Investors: 4 individuals |
| Mar 2015 | Rights issue | ₹40 Lakh | Investors: 4 individuals |
| Mar 2011 | Funding round | ₹29 Lakh | Investors: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nataraj Polyplast Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Nataraj Polyplast Private Limited was last rated by Care on 29 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Jun 2021 |
To see the full credit ratings and regulatory alerts of Nataraj Polyplast Private Limited, buy the company report.
MSME payment delays
Nataraj Polyplast Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aarti Chemicals | |||
| Kamnath Pipe and Fitting | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nataraj Polyplast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nataraj Polyplast Private Limited has a workforce of 44 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
15.79%
GST
Nataraj Polyplast has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN1351K1ZN | Gujarat | Active | 01 Jul 2017 |
| 09AADCN1351K1ZF | Uttar Pradesh | Active | 11 Sep 2021 |
To see the full GST registrations and return filing status of Nataraj Polyplast Private Limited, buy the company report.
Recent activity
Nataraj Polyplast Private Limited has 10 board changes on record since 2009: 6 appointments and 4 cessations. The latest: Dhaval Keshubhai Rank ceased to be Additional Director on 29 Sep 2024.
AGM
Nataraj Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 101106507 was registered on 24 Apr 2025.
Filing
Nataraj Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dhaval Keshubhai Rank ceased to be Additional Director.
Ceased
Krunal Mansukhbhai Rank ceased to be Additional Director.
Appointed
Dhaval Keshubhai Rank was appointed as Director.
Appointed
Krunal Mansukhbhai Rank was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.17 Cr with Charge ID 100918247 was registered on 02 Apr 2024.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100918245 was registered on 02 Apr 2024.
Ceased
Chetanbhai Gordhanbhai Varsani ceased to be Director.
Ceased
Sanjaybhai Jivrajbhai Saradhara ceased to be Director.
Charges
A charge with Others of Rs. 14.30 Cr registered on 07 Mar 2017 with Charge ID 100086263 was modified on 21 Feb 2024.
20 earlier events are in the company report.
Frequently asked questions
Nataraj Polyplast is an active private limited company based in Rajkot, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 08 December 2009 (17+ years old) and is registered under CIN U25200GJ2009PTC058807.
Nataraj Polyplast has 6 current directors:
- Dhaval Keshubhai Rank - Director
- Krunal Mansukhbhai Rank - Director
- Mansukhbhai Karamshibhai Rank - Director
- Mayurbhai Karamshibhai Rank - Director
- Keshubhai Karamshibhai Rank - Director
- Rajeshbhai Jivrajbhai Sardhara - Director
The latest financial statements of Nataraj 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 GSTIN of Nataraj Polyplast is 24AADCN1351K1ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AADCN1351K1ZF (Uttar Pradesh).
The CIN (Corporate Identification Number) of Nataraj Polyplast is U25200GJ2009PTC058807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nataraj Polyplast was incorporated on 08 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nataraj Polyplast has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹29 Lakh; the latest was in March 2018.
The peers of Nataraj Polyplast by revenue are Western Irrigation System Private Limited, Shree Sai Plast Private Limited, Nerolex Polyplast Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dhaval Keshubhai Rank ceased to be Additional Director on 29 Sep 2024. Krunal Mansukhbhai Rank ceased to be Additional Director on 29 Sep 2024. Dhaval Keshubhai Rank was appointed as Director on 25 May 2024. Nataraj Polyplast has 10 board changes on record in total.
Yes, Nataraj Polyplast is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0021046).
Nataraj Polyplast has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 17 Sep 2020.
Nataraj Polyplast can be reached through the website natarajpolyplast.com. Its registered office is in Rajkot, Gujarat, India.