About Niru Plastics Private Limited
Data last updated:
Niru Plastics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 20 June 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25206PN2001PTC016259. Its GSTIN is 27AABCN2786Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Bhimappa Layappa Karadi (Managing Director) and Nirmala Bhimappa Karadi.
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 S No 164/4A3B Nearshreenath Warehousing Fursungi, Pune, Maharashtra, India – 412308.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.57 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹35.52 Lakh (net margin 7.8%) and EBITDA of ₹94.51 Lakh (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Niru Plastics. As per MCA filings, the company has open charges of ₹5.06 Cr and satisfied charges of ₹3.57 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in August 2010. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Megafibre India Private Limited with revenue of ₹4.58 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niruplasticindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS No 164/4A3B Nearshreenath Warehousing Fursungi, Pune, Maharashtra, India – 412308
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Niru Plastics Private Limited
The main business activity of Niru Plastics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Niru Plastics Private Limited FY 2025 filings available
Niru Plastics Private Limited reported revenue of ₹4.57 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Niru Plastics Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 29% 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 of Niru Plastics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.57 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹94.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.52 Lakh | •••• | •••• | •••• | •••• |
| 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 of Niru Plastics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Niru Plastics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Niru Plastics Private Limited
Niru Plastics Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megafibre India Private Limited | ₹4.58 Cr (FY 2022) | •••• | •••• | 1.0% | •••• | Solapur, Maharashtra, India |
| Dumore Gauging Systems P Ltd | ₹4.58 Cr (FY 2024) | •••• | •••• | 576.0% | •••• | Pune, Maharashtra, India |
| Etal Enser Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| A-Sung India Private Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Chennai, Tamil Nadu, India |
| S. K. Carbon Limited | ₹4.57 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Serampore, West Bengal, India |
| Niru Plastics Private Limited this company | ₹4.57 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Pune, Maharashtra, India |
| Adworld Signages Private Limited | ₹4.56 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Hyderabad, Telangana, India |
| Smartbas Building Solutions Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Rackly Craft Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Sonipat, Haryana, India |
| G D Ferro Alloys Pvt Ltd | ₹4.55 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Delhi, India |
| Gujarat Cork and Rubber Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Valsad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Niru Plastics by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Niru Plastics Private Limited
Niru Plastics Private Limited is audited by G.N. KHOT & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.N. KHOT & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Niru Plastics Private Limited
Niru Plastics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhimappa Layappa Karadi | Managing Director | 20 Jun 2001 | 25 Years 3 Months | Current |
| Nirmala Bhimappa Karadi | Director | 20 Jun 2001 | 25 Years 3 Months | Current |
Ownership and Shareholding of Niru Plastics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Niru Plastics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2025 | Others | ₹38.6 Lakh | Open |
| 20 Dec 2025 | Others | ₹1 Cr | Open |
| 12 Feb 2022 | Others | ₹1 Cr | Open |
| 27 Apr 2021 | Others | ₹81.13 Lakh | Open |
| 03 Jan 2017 | Others | ₹77.09 Lakh | Open |
Total charge records: 15 View all charges
Deals & Funding of Niru Plastics Private Limited
Niru Plastics Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in August 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2010 | Funding round | ₹24 Lakh | Investors: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Niru Plastics Private Limited
Niru Plastics operates one associated brand: Niru Plastics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies precision plastic components for automotive, electrical, and export industries. | niruplasticindia.com |
Employees and EPFO Compliance at Niru Plastics Private Limited
Niru Plastics Private Limited has a workforce of 14 employees as of Oct 09, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Niru Plastics Private Limited
Niru Plastics Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Bhimappa Layappa Karadi was appointed as Managing Director on 20 Jun 2001.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Niru Plastics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Niru Plastics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Niru Plastics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Niru Plastics Private Limited
Niru Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN2786Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Niru Plastics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Niru Plastics Private Limited
Niru Plastics is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 20 June 2001 (25+ years old) and is registered under CIN U25206PN2001PTC016259.
Niru Plastics reported revenue of ₹4.57 Cr for FY 2024 (down 9% YoY).
Niru Plastics has 2 current directors:
- Bhimappa Layappa Karadi - Managing Director
- Nirmala Bhimappa Karadi - Director
Niru Plastics reported a net profit of ₹35.52 Lakh (net margin 7.8%) and EBITDA of ₹94.51 Lakh (EBITDA margin 20.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Niru Plastics is 11% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Niru Plastics is 27AABCN2786Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Niru Plastics is U25206PN2001PTC016259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niru Plastics was incorporated on 20 June 2001, making it 25+ years old. It is registered with the Registrar of Companies, Pune.
Niru Plastics has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in August 2010.
The peers of Niru Plastics by revenue are Megafibre India Private Limited, Dumore Gauging Systems P Ltd, Etal Enser Private Limited, A-Sung India Private Limited, S. K. Carbon Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Bhimappa Layappa Karadi was appointed as Managing Director on 20 Jun 2001. Nirmala Bhimappa Karadi was appointed as Director on 20 Jun 2001.