About Palram India Private Limited
Data last updated:
Palram India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Palram Industries Ltd.. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 30 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2012PTC233894. Its GSTIN is 27AAGCP7484A1ZB (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.97 Lakh. It is led by directors including Avishai Zamir and Shai Michael.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 701 Tanishka Commercial Premises Cs Ltd. Cts No.148/C Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.16 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Cr (net margin 3.4%) and EBITDA of ₹5.72 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 32% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Palram. As per MCA filings, the company has open charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palram.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address701 Tanishka Commercial Premises Cs Ltd. Cts No.148/C Akurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryManufacturing, Plastic-Based Products
- 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
CIN History of Palram India Private Limited
Palram India has one previous CIN (Corporate Identification Number): U25203MH2012FTC233894. The current CIN is U25203MH2012PTC233894, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25203MH2012PTC233894 | Current |
| U25203MH2012FTC233894 | Previous |
Associated Brands with Palram India Private Limited
Palram India operates one associated brand: Palram. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Thermoplastic sheets and panel systems are manufactured for diverse applications. | palram.com |
Competitors & Alternatives of Palram India Private Limited
Brands and companies operating in the same space as Palram India Private Limited include DuPont, Brickability Group, Forterra and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 DuPont | Developer of chemical products, construction & packaging materials, and water solutions | United States | 1802 |
 Brickability Group | Provider of business strategy consulting services | Bracknell, United Kingdom | 1984 |
 Forterra | Concrete and clay building products are manufactured for construction. | Northampton, United Kingdom | 1960 |
 Epwin | Manufacturer and distributor of building products | Solihull, United Kingdom | 1976 |
 Low Carbon Materials | Low carbon and environmentally friendly building materials are distributed globally. | 2019 | |
 Naylor | Manufacturer and supplier of clay pipes, plastic drainage & ducting, concrete and environmental products | Barnsley, United Kingdom | 1890 |
 Instarmac | Cement and bitumen-based products are manufactured and distributed globally. | Tamworth, United Kingdom | 1977 |
 Grafton | Building materials are distributed by Grafton in the construction sector. | Dublin, Ireland | 1902 |
Business Activity of Palram India Private Limited
The main business activity of Palram India is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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.
Auditor Details of Palram India Private Limited
Palram India Private Limited is audited by Kamdar Desai & Patel LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kamdar Desai & Patel LLP | 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 Palram India Private Limited
Palram India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avishai Zamir | Director | 10 Aug 2023 | 3 Years 1 Months | Current |
| Shai Michael | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
| Tushar Ramshibhai Karangia | Director | 18 Oct 2013 | 12 Years 11 Months | Current |
| Slijper Amir | Director | 29 Sep 2017 | 9 Years 0 Months | Current |
Financials of Palram India Private Limited FY 2024 filings available
Palram India Private Limited reported revenue of ₹90.16 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Palram India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 9% growth in the latest year. EBITDA rose 245% 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 Palram India 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.09 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 of Palram India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 Palram India 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.
Ownership and Shareholding of Palram India 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 Palram India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2018 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Lakh | Open |
| 27 Mar 2017 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Palram India Private Limited
Palram India Private Limited has a workforce of 31 employees as of Apr 06, 2024.
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.
GST Compliance of Palram India Private Limited
Palram India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP7484A1ZB | Maharashtra | Active | 01 Jul 2017 |
| 29AAGCP7484A1Z7 | Karnataka | Active | 31 Mar 2022 |
| 24AAGCP7484A1ZH | Gujarat | Active | 18 Apr 2022 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Palram India 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 Palram India 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 Palram India 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.
MCA Filings & Documents of Palram India 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.
Recent Activity on Palram India Private Limited
Frequently Asked Questions about Palram India Private Limited
Palram India 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 30 July 2012 (14+ years old) and is registered under CIN U25203MH2012PTC233894.
Palram India reported revenue of ₹90.16 Cr for FY 2024 (up 9% YoY).
Palram India has 4 current directors:
- Avishai Zamir - Director
- Shai Michael - Director
- Tushar Ramshibhai Karangia - Director
- Slijper Amir - Director
Palram India reported a net profit of ₹3.09 Cr (net margin 3.4%) and EBITDA of ₹5.72 Cr (EBITDA margin 6.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palram India is 19% over three years and 32% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palram India is 27AAGCP7484A1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAGCP7484A1Z7 (Karnataka), 24AAGCP7484A1ZH (Gujarat).
The CIN (Corporate Identification Number) of Palram India is U25203MH2012PTC233894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palram India was incorporated on 30 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Palram India can be reached through the website palram.com. Its registered office is in Mumbai, Maharashtra, India.