- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-03-0001046

About Palam Plastics Private Limited
Data last updated:
Palam Plastics Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25206DL1997PTC087156. Its GSTIN is 07AAACP9534D1ZI (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.55 Lakh. It is led by directors Prakash Chander Sharma (Whole-Time Director) and Amit Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13/3 W.E.A. Padam Singh Road Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.3 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 3.1%) and EBITDA of ₹3.88 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 11% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.8 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
Palam Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0001046). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palamplastics.com.
Company details
Recognitions & Rankings of Palam Plastics
Contact details
Palam Plastics Private Limited's registered office is in New Delhi, Delhi. Its website is palamplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13/3 W.E.A. Padam Singh Road Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Palam Plastics Private 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 Palam Plastics 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 Palam Plastics Private Limited, buy the company report.
Financials of Palam Plastics Private Limited
FY 2024 filings availablePalam Plastics Private Limited reported revenue of ₹38.3 Cr (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 52% growth 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 |
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| Total Expenses | |||||
| EBITDA | ₹3.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.17 Cr | ||||
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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 | 10.1% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Palam Plastics Private Limited, buy the company report.
Board of directors of Palam Plastics Private Limited
Palam Plastics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chander Sharma Also directs: New Hope Udyog Private Limited | Whole-Time Director | 09 May 1997 | 29 Years 5 Months | Current |
| Amit Sharma Also directs: New Hope Udyog Private Limited | Whole-Time Director | 09 May 1997 | 29 Years 5 Months | Current |
Peer comparison
Palam Plastics Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Electronic Appliances Manufacturing, 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 |
|---|---|---|---|---|---|---|
| Baba Anandeshwar Plastics Private Limited | ₹38.57 Cr (FY 2025) | 20.0% | Kanpur, Uttar Pradesh, India | |||
| Techno Tarp and Polymers Private Limited | ₹38.46 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Palam Plastics Private Limitedthis company | ₹38.3 Cr (FY 2025) | ₹1.17 Cr | 3.1% | 52.0% | New Delhi, Delhi, India | |
| Sunrise Tanks Private Limited | ₹38.28 Cr (FY 2025) | 33.0% | Gwalior, Madhya Pradesh, India | |||
| Trikuta Plastics Private Limited | ₹38.16 Cr (FY 2025) | 11.0% | Jammu, Jammu and Kashmir, India |
To see the full peer comparison of Palam Plastics Private Limited, buy the company report.
Auditor
Palam Plastics Private Limited is audited by Akar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Akar & Associates | FY 2023 | 003753N |
Shareholding
The shareholding of Palam Plastics 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palam Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2023 | 100736217 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 05 Apr 2021 | 100440831 | Others | ₹16.8 Lakh | Open | |
| 27 Dec 2019 | 100311784 | Sidbi | ₹68.32 Lakh | Open | |
| 02 Feb 2008 | 10090718 | Axis Bank | ₹50 Lakh | Open | |
| 08 Aug 2007 | 10064736 | State Bank of India | ₹20 Lakh | Open |
Total charge records: 7 View all charges
Legal cases
Palam Plastics Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (1 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Palam Plastics 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
Palam Plastics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Plastech Auxiquip Private Limited | |||
| an individual supplier | |||
| Ecs Engineering Private Limited |
To see the full MSME payment records of Palam Plastics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Palam Plastics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP9534D1ZI | Delhi | Active | 01 Jul 2017 |
| 06AAACP9534D1ZK | Haryana | Active | 17 Oct 2017 |
To see the full GST registrations and return filing status of Palam Plastics Private Limited, buy the company report.
Recent activity
Palam Plastics Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Amit Sharma was appointed as Whole-Time Director on 09 May 1997.
Frequently asked questions
Palam Plastics is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 May 1997 (29+ years old) and is registered under CIN U25206DL1997PTC087156.
Palam Plastics has 2 current directors:
- Prakash Chander Sharma - Whole-Time Director
- Amit Sharma - Whole-Time Director
The latest financial statements of Palam Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Palam Plastics is 07AAACP9534D1ZI, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACP9534D1ZK (Haryana).
The CIN (Corporate Identification Number) of Palam Plastics is U25206DL1997PTC087156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palam Plastics has 7 court cases on record: 7 filed against it.
Palam Plastics was incorporated on 09 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Palam Plastics by revenue are Baba Anandeshwar Plastics Private Limited, Techno Tarp and Polymers Private Limited, Sunrise Tanks Private Limited, Trikuta Plastics Private Limited, all in the Manufacturing industry (Electronic Appliances Manufacturing, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Amit Sharma was appointed as Whole-Time Director on 09 May 1997. Prakash Chander Sharma was appointed as Whole-Time Director on 09 May 1997.
Yes, Palam Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0001046).
Palam Plastics has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Palam Plastics can be reached through the website palamplastics.com. Its registered office is in New Delhi, Delhi, India.