MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0013708
Patel Plast Pvt Ltd - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.69 Cr
▼ 10% YoY
Net profit · FY 2025
₹12.26 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹30.23 Lakh
EBITDA margin 8.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18.03 Lakh
Issued & subscribed
Open charges
₹82.28 Lakh
Satisfied ₹1.56 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
15
Provident fund records
About Patel Plast Pvt Ltd
Data last updated:
Patel Plast Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 05 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1988PTC011207. Its GSTIN is 24AAACP6726F1ZM (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.03 Lakh. It is led by directors including Mahesh Bhikhalal Patel and Devarsh Pravinkumar Patel.
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 Darshak 14 A Swastiksoc Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.69 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹12.26 Lakh (net margin 3.3%) and EBITDA of ₹30.23 Lakh (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 1% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹82.28 Lakh and satisfied charges of ₹1.56 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 3 cases are pending.
Patel Plast Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0013708). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patelplast.co.in.
Company details
CIN U25209GJ1988PTC011207
Registration Number 011207
Incorporation Date 05 September 1988
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 Small
Udyam Registration UDYAM-GJ-01-0013708
Key People
Mahesh Bhikhalal Patel Director Devarsh Pravinkumar Patel Director Baldevbhai Ambalal Patel Director Recognitions & Rankings of Patel Plast
Contact details
Patel Plast Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is patelplast.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressDarshak 14 A Swastiksoc Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Patel Plast Pvt Ltd, buy the company report.
Comprehensive company report
Patel Plast Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Patel Plast 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 Patel Plast Pvt Ltd, buy the company report.
Financials of Patel Plast Pvt Ltd
FY 2025 filings availablePatel Plast Pvt Ltd reported revenue of ₹3.69 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹3.69 Cr ▼ 10%
Net profit · FY 2025
₹12.26 Lakh margin 3.3%
EBITDA · FY 2025
₹30.23 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 15%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 58%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 10% fall in the latest year. EBITDA rose 92% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.26 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Patel Plast Pvt Ltd, buy the company report.
Board of directors of Patel Plast Pvt Ltd
Patel Plast has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Bhikhalal Patel | Director | 01 Jun 2004 | 22 Years 4 Months | Current |
| Devarsh Pravinkumar Patel | Director | 17 Jun 2016 | 10 Years 4 Months | Current |
| Baldevbhai Ambalal Patel | Director | 17 Jun 2016 | 10 Years 4 Months | Current |
| Pravinkumar Govindlal Patel | Director | 05 Sep 1988 | 38 Years 1 Months | Current |
Peer comparison
Patel Plast Pvt Ltd is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Industrial Packaging, 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 |
|---|---|---|---|---|---|---|
| Perfect Polyplast India Private Limited | ₹3.7 Cr (FY 2023) | -40.0% | Gurugram, Haryana, India | |||
| Patel Plast Pvt Ltdthis company | ₹3.69 Cr (FY 2025) | ₹12.26 Lakh | 3.3% | -10.0% | 15 | Ahmedabad, Gujarat, India |
| Silverdot Convertors Private Limited | ₹3.69 Cr (FY 2019) | -27.0% | Navi Mumbai, Maharashtra, India | |||
| Gem Properties Private Limited | ₹3.68 Cr (FY 2025) | -82.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Patel Plast Pvt Ltd, buy the company report.
Auditor
Patel Plast Pvt Ltd is audited by PRAKASH B SHETH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH B SHETH & CO | FY 2021 | 108069W |
Shareholding
The shareholding of Patel Plast Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Patel Plast Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹82.28 Lakh
Satisfied charges
₹1.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 1989 | 90108594 | Gujrat State Financial Corporation | ₹41.14 Lakh | Open | |
| 11 Sep 1989 | 90108590 | Gujrat State Financial Corporation | ₹41.14 Lakh | Open | |
| 21 Jun 2013 | 10433558 | Small Industries Development Bank of India | ₹28 Lakh | Satisfied | |
| 18 Apr 2011 | 10280025 | Small Industries Development Bank of India | ₹63 Lakh | Satisfied | |
| 05 Dec 2003 | 90111710 | The Kalupur Comm. Co-Op.Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Patel Plast Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Patel Plast Pvt Ltd has 11 court cases on record: 3 filed by Patel Plast, 8 filed against it. 3 cases are pending and 8 are disposed.
Total cases
11
Filed by the company
3
Filed against the company
8
Pending
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed by the company against Pavak Plast Private Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Civil suit | Filed against the company by M/S Pavak Plast Private Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SPCS) | Filed by the company against Pavak Plast Pvt.Ltd. and 2 others | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (MCA) | Filed against the company by Pavak Plast Private Limited | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against National Insurance Company Limited | Disposed |
To see the full case history of Patel Plast Pvt Ltd, 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 Patel Plast Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patel Plast Pvt Ltd has a workforce of 15 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
Patel Plast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP6726F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patel Plast Pvt Ltd, buy the company report.
Recent activity
Patel Plast Pvt Ltd has 6 board changes on record since 1988: 4 appointments and 2 cessations. The latest: Baldevbhai Ambalal Patel ceased to be Additional Director on 28 Sep 2016.
AGM
Patel Plast Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Patel Plast Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 05 Dec 2003 via Charge ID 90111710 with The Kalupur Comm. Co-Op.Bank Ltd. was fully satisfied on 12 Sep 2023.
Charges
A charge registered on 23 Jul 1993 via Charge ID 90111208 with Kalupur Commercial Co-Operative Bank Ltd was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 12 Jan 1990 via Charge ID 90111116 with The Kalupr Comm. Co-Operative Bank Ltd. was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 12 Jan 1990 via Charge ID 90108613 with The Kalupr Comm. Co-Operative Bank Ltd. was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 21 Jun 2013 via Charge ID 10433558 with Small Industries Development Bank Of India was fully satisfied on 12 Oct 2017.
Charges
A charge registered on 18 Apr 2011 via Charge ID 10280025 with Small Industries Development Bank Of India was fully satisfied on 12 Oct 2017.
Ceased
Baldevbhai Ambalal Patel ceased to be Additional Director.
Ceased
Devarsh Pravinkumar Patel ceased to be Additional Director.
Appointed
Baldevbhai Ambalal Patel was appointed as Director.
Appointed
Devarsh Pravinkumar Patel was appointed as Director.
15 earlier events are in the company report.
Frequently asked questions
Patel Plast is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 05 September 1988 (38+ years old) and is registered under CIN U25209GJ1988PTC011207.
Patel Plast has 4 current directors:
- Mahesh Bhikhalal Patel - Director
- Devarsh Pravinkumar Patel - Director
- Baldevbhai Ambalal Patel - Director
- Pravinkumar Govindlal Patel - Director
The latest financial statements of Patel Plast 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 Patel Plast is 24AAACP6726F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Patel Plast is U25209GJ1988PTC011207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patel Plast has 11 court cases on record: 3 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Patel Plast was incorporated on 05 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Patel Plast by revenue are Perfect Polyplast India Private Limited, Silverdot Convertors Private Limited, Gem Properties Private Limited, all in the Manufacturing industry (Industrial Packaging, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Baldevbhai Ambalal Patel ceased to be Additional Director on 28 Sep 2016. Devarsh Pravinkumar Patel ceased to be Additional Director on 28 Sep 2016. Baldevbhai Ambalal Patel was appointed as Director on 17 Jun 2016. Patel Plast has 6 board changes on record in total.
Yes, Patel Plast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0013708).
Patel Plast can be reached through the website patelplast.co.in. Its registered office is in Ahmedabad, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages