About Naval Technoplast Industries Limited
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Naval Technoplast Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25209GJ1992PLC018254. Its GSTIN is 24AAACN4950B1ZY (Gujarat). It is recorded as listed by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.09 Cr. It is led by directors including Navalkishore Kailashchandra Tibrewala (Managing Director) and Nimesh Navalkishor Tibrewala.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No. 4 Road No. 1 Kathwada GIDC, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.75 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹88.27 Lakh (net margin 18.6%) and EBITDA of ₹1.27 Cr (EBITDA margin 26.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 21% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.73 Cr and satisfied charges of ₹21.69 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website navalgroup.com.
Company details
CIN history
Naval Technoplast Industries has one previous CIN (Corporate Identification Number): U25209GJ1992PLC018254. The current CIN is L25209GJ1992PLC018254, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209GJ1992PLC018254 | Current |
| U25209GJ1992PLC018254 | Previous |
Contact details
Naval Technoplast Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is navalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 4 Road No. 1 Kathwada GIDC, Ahmedabad, Gujarat, India – 382430
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Machine Tools
To see the full contact details of Naval Technoplast Industries 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
Business activity
The main business activity of Naval Technoplast Industries 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 Naval Technoplast Industries Limited, buy the company report.
Financials of Naval Technoplast Industries Limited
FY 2019 filings availableNaval Technoplast Industries Limited reported revenue of ₹4.75 Cr (up 18% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA fell 48% 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
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| EBITDA | ₹1.27 Cr | ||||
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| Net Profit (PAT) | ₹88.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 26.6% | ||||
| Net Profit Margin | 18.6% | ||||
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To see the full financial statements and ratios of Naval Technoplast Industries Limited, buy the company report.
Board of directors of Naval Technoplast Industries Limited
Naval Technoplast Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Navalkishor Tibrewala | Director | 01 Jul 2002 | 24 Years 3 Months | Current |
| Lalitadevi Navalkishor Tibrewala | Director | 29 Dec 2020 | 5 Years 9 Months | Current |
| Navalkishore Kailashchandra Tibrewala Also directs: Naval Overseas Pvt Ltd | Managing Director | 07 Sep 1992 | 34 Years 1 Months | Current |
Auditor
Naval Technoplast Industries Limited is audited by HIREN GUNDIGARA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN GUNDIGARA & CO | FY 2017 | 138835W |
Shareholding
The shareholding of Naval Technoplast Industries Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Naval Technoplast Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2014 | 10488660 | Idbi Bank Limited | ₹2.73 Cr | Open | |
| 19 Jul 2006 | 80017569 | Indian Overseas Bank | ₹1.34 Cr | Satisfied | |
| 19 Jul 2000 | 80017434 | Indian Overseas Bank | ₹34.46 Lakh | Satisfied | |
| 19 Jul 2000 | 80017570 | Indian Overseas Bank | ₹10 Cr | Satisfied | |
| 16 Jun 1998 | 80005453 | Indian Overseas Bank | ₹10 Cr | Satisfied |
To see the full charge records of Naval Technoplast Industries Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Naval Technoplast Industries Limited has 12 court cases on record: 5 filed by Naval Technoplast Industries, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed against the company by individuals | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Overseas Bank | Disposed |
To see the full case history of Naval Technoplast Industries 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
No delayed payments to MSME suppliers are on our record for Naval Technoplast Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Naval Technoplast Industries Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Naval Technoplast Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN4950B1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Naval Technoplast Industries Limited, buy the company report.
Recent activity
Naval Technoplast Industries Limited has 9 board changes on record since 1992: 6 appointments and 3 cessations. The latest: Mahavir Ramavatar Safaria ceased to be Director on 13 Jan 2021.
11 earlier events are in the company report.
Frequently asked questions
Naval Technoplast Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 07 September 1992 (34+ years old) and is registered under CIN L25209GJ1992PLC018254.
Naval Technoplast Industries has 3 current directors:
- Navalkishore Kailashchandra Tibrewala - Managing Director
- Nimesh Navalkishor Tibrewala - Director
- Lalitadevi Navalkishor Tibrewala - Director
The latest financial statements of Naval Technoplast Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Naval Technoplast Industries is 24AAACN4950B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Naval Technoplast Industries is L25209GJ1992PLC018254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naval Technoplast Industries is recorded as a listed company by MCA, but its shares were delisted from BSE · penal reasons, and no longer trade on a stock exchange.
Naval Technoplast Industries has 12 court cases on record: 5 filed by the company and 7 filed against it. Most are in the high courts.
Naval Technoplast Industries was incorporated on 07 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahavir Ramavatar Safaria ceased to be Director on 13 Jan 2021. Lalitadevi Navalkishor Tibrewala was appointed as Director on 29 Dec 2020. Kirtikumar Natverlal Bhavsar ceased to be Director on 06 Oct 2016. Naval Technoplast Industries has 9 board changes on record in total.
Naval Technoplast Industries can be reached through the website navalgroup.com. Its registered office is in Ahmedabad, Gujarat, India.