MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0001930
Pearl Polyplast Private Limited
Pearl Polyplast Private Limited - manufacturing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.24 Cr
▲ 25% YoY
Net profit · FY 2025
₹6.14 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹40.17 Lakh
EBITDA margin 4.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹3.6 Cr
Satisfied ₹1.18 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
19
Provident fund records
About Pearl Polyplast Private Limited
Data last updated:
Pearl Polyplast Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 07 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP1999PTC013515. Its GSTIN is 23AACCP7548K1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Piyush Porwal and Shreya Gharia.
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 164 – C Special Colony Gandhi Nagar, Indore, Madhya Pradesh, India – 453112.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.24 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹6.14 Lakh (net margin 0.7%) and EBITDA of ₹40.17 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 22% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.6 Cr and satisfied charges of ₹1.18 Cr on record.
Pearl Polyplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0001930). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Pearl Polyplast Private Limited
CIN U25202MP1999PTC013515
Registration Number 013515
Incorporation Date 07 May 1999
ROC Gwalior
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-MP-23-0001930
Key People
Piyush Porwal Director Shreya Gharia Director Recognitions & Rankings of Pearl Polyplast
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address164 – C Special Colony Gandhi Nagar, Indore, Madhya Pradesh, India – 453112
- IndustryManufacturing, Plastic-Based Products
Comprehensive company report
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Business Activity of Pearl Polyplast Private Limited
The main business activity of Pearl Polyplast 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Pearl Polyplast Private Limited FY 2025 filings available
Pearl Polyplast Private Limited reported revenue of ₹9.24 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹9.24 Cr ▲ 25%
Net profit · FY 2025
₹6.14 Lakh margin 0.7%
EBITDA · FY 2025
₹40.17 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR) of Pearl Polyplast Private Limited
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▼ 4%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 8%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 25% growth in the latest year. EBITDA fell 22% 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 Pearl Polyplast Private Limited
| 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 | ₹40.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.14 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 Pearl Polyplast Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Pearl Polyplast are in the company report.
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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.
Board of Directors of Pearl Polyplast Private Limited
Pearl Polyplast has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Porwal | Director | 25 Nov 2022 | 3 Years 10 Months | Current |
| Shreya Gharia | Director | 14 Feb 2023 | 3 Years 8 Months | Current |
Peer Comparison of Pearl Polyplast Private Limited
Pearl Polyplast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agro Hardware Industries Private Limited | ₹9.28 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Amritsar, Punjab, India |
| Unipet Industries Private Limited | ₹9.27 Cr (FY 2021) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Astroforme India Private Limited | ₹9.26 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Thane, Maharashtra, India |
| Rajkamal Poly Print Private Limited | ₹9.25 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Rajkot, Gujarat, India |
| Saral Plastics Private Limited | ₹9.25 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Sabarkantha, Gujarat, India |
| Pearl Polyplast Private Limited this company | ₹9.24 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Indore, Madhya Pradesh, India |
| Max Indo Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Krishna Polyplast (India) Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
| Kinugawa Rubber India Private Limited | ₹9.22 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Ramdev Agro Poly Packs Private Limited | ₹9.2 Cr (FY 2025) | •••• | •••• | 2629721.0% | •••• | Salem, Tamil Nadu, India |
| Polymac Thermoformers Limited Listed | ₹9.2 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Pearl Polyplast by revenue in the Manufacturing industry (Plastic Based Products), 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 Pearl Polyplast Private Limited
Pearl Polyplast Private Limited is audited by C.H. PADLIYA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.H. PADLIYA & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Pearl Polyplast Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
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Charges & Borrowings of Pearl Polyplast Private Limited
Open charges
₹3.6 Cr
Satisfied charges
₹1.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2023 | Others | ₹3.6 Cr | Open |
| 12 Dec 2009 | 3I Infotech Trusteeship Services Limited | ₹1 Cr | Satisfied |
| 03 Jun 1999 | State Bank of India | ₹15 Lakh | Satisfied |
| 03 Jun 1999 | State Bank of India | ₹2.7 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Pearl Polyplast Private Limited
Pearl Polyplast Private Limited has a workforce of 19 employees as of Oct 11, 2025.
Employee count
19
Active EPFO establishments
1
Employee growth
-13.64%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Pearl Polyplast Private Limited
Pearl Polyplast Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Piyush Porwal ceased to be Additional Director on 29 Sep 2023.
AGM
Pearl Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 360.00 Lakh registered on 25 Jul 2023 with Charge ID 100754284 was modified on 30 Sep 2025.
Filing
Pearl Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Piyush Porwal ceased to be Additional Director.
Charges
A charge registered on 12 Dec 2009 via Charge ID 10197707 with 3I Infotech Trusteeship Services Limited was fully satisfied on 27 Jul 2023.
Charges
A charge with Others amounted to Rs. 360.00 Lakh with Charge ID 100754284 was registered on 25 Jul 2023.
Ceased
Gita Ben Patel ceased to be Director.
Ceased
Vikram Bhai Patel ceased to be Director.
Appointed
Shreya Gharia was appointed as Director.
Appointed
Piyush Porwal was appointed as Director.
Ceased
Bankim Bhai Patel ceased to be Director.
Charges
A charge with 3I Infotech Trusteeship Services Limited of Rs. 100.00 Lakh registered on 12 Dec 2009 with Charge ID 10197707 was modified on 22 Nov 2012.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pearl Polyplast Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Pearl Polyplast Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Pearl Polyplast Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Pearl Polyplast Private Limited
Pearl Polyplast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCP7548K1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Pearl Polyplast Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Pearl Polyplast Private Limited
Pearl Polyplast is an active private limited company based in Indore, Madhya Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 07 May 1999 (27+ years old) and is registered under CIN U25202MP1999PTC013515.
Pearl Polyplast reported revenue of ₹9.24 Cr for FY 2025 (up 25% YoY).
Pearl Polyplast has 2 current directors:
- Piyush Porwal - Director
- Shreya Gharia - Director
Pearl Polyplast reported a net profit of ₹6.14 Lakh (net margin 0.7%) and EBITDA of ₹40.17 Lakh (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pearl Polyplast is -4% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pearl Polyplast is 23AACCP7548K1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Pearl Polyplast is U25202MP1999PTC013515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pearl Polyplast was incorporated on 07 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Pearl Polyplast by revenue are Agro Hardware Industries Private Limited, Unipet Industries Private Limited, Astroforme India Private Limited, Rajkamal Poly Print Private Limited, Saral Plastics Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Piyush Porwal ceased to be Additional Director on 29 Sep 2023. Gita Ben Patel ceased to be Director on 20 Feb 2023. Vikram Bhai Patel ceased to be Director on 20 Feb 2023. Pearl Polyplast has 6 board changes on record in total.
Yes, Pearl Polyplast is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0001930).