MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-DN-01-0000486
Pearl Thermoplast Private Limited - home & lifestyle in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.81 Cr
▼ 19% YoY
Net profit · FY 2024
₹36.77 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹3.14 Cr
EBITDA margin 10.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹14.1 Cr
Satisfied ₹42.38 Cr
Company age
16 yrs
Est. 2010
Directors on board
4
As per MCA filings
About Pearl Thermoplast Private Limited
Data last updated:
Pearl Thermoplast Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 19 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2010PTC203356. Its GSTIN is 27AAFCP4613G1ZJ (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Mahipalkumar Jayantilal Parmar and Bhupendra Ramniklal Jain.
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 Palghar, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.81 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹36.77 Lakh (net margin 1.3%) and EBITDA of ₹3.14 Cr (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company is associated with 1 brand: Pearl Thermoplast. As per MCA filings, the company has open charges of ₹14.1 Cr and satisfied charges of ₹42.38 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.24 Cr; the latest was in March 2021. Its 5 peer companies in the Consumer Products industry (Crockery and Utensils Manufacturers, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Shaila Polysacks Private Limited with revenue of ₹28.98 Cr.
Pearl Thermoplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DN-01-0000486). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pearlthermoplast.com.
Company details
CIN U25200MH2010PTC203356
Registration Number 203356
Incorporation Date 19 May 2010
ROC Mumbai
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-DN-01-0000486
Key People
Mahipalkumar Jayantilal Parmar Director Bhupendra Ramniklal Jain Director Sheetal Bhupendra Jain Director Recognitions & Rankings of Pearl Thermoplast
Contact details
Pearl Thermoplast Private Limited's registered office is in Palghar, Maharashtra. Its website is pearlthermoplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.22 S.No.820(1) Dewan & Sons Udyog Nagar Chintupada Venus Cassettes Company Pal, Ghar (W), Palghar, Maharashtra, India – 401404
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Pearl Thermoplast Private Limited, buy the company report.
Comprehensive company report
Pearl Thermoplast Private Limited - 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
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Brands
Pearl Thermoplast operates one associated brand: Pearl Thermoplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of homeware and kitchenware products in Mumbai. | pearlthermoplast.com |
Business activity
The main business activity of Pearl Thermoplast 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 Pearl Thermoplast Private Limited, buy the company report.
Financials of Pearl Thermoplast Private Limited
FY 2025 filings availablePearl Thermoplast Private Limited reported revenue of ₹28.81 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹28.81 Cr ▼ 19%
Net profit · FY 2024
₹36.77 Lakh margin 1.3%
EBITDA · FY 2024
₹3.14 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 6%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▼ 1%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 19% fall in the latest year. EBITDA rose 82% 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 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 | ₹3.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.77 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Pearl Thermoplast Private Limited, buy the company report.
Board of directors of Pearl Thermoplast Private Limited
Pearl Thermoplast has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahipalkumar Jayantilal Parmar | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Bhupendra Ramniklal Jain | Director | 19 May 2010 | 16 Years 5 Months | Current |
| Sheetal Bhupendra Jain | Director | 19 May 2010 | 16 Years 5 Months | Current |
| Sampat Kantilal Jain Also directs: Sagar Bullion Private Limited | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Pearl Thermoplast Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Shaila Polysacks Private Limited | ₹28.98 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Excellent Polycon Private Limited | ₹28.86 Cr (FY 2024) | -22.0% | Kolkata, West Bengal, India | |||
| Pearl Thermoplast Private Limitedthis company | ₹28.81 Cr (FY 2024) | ₹36.77 Lakh | 1.3% | -19.0% | Palghar, Maharashtra, India | |
| Sanskriti Composites Private Limited | ₹28.75 Cr (FY 2019) | 69.0% | Howrah, West Bengal, India | |||
| JBW Industry Private Limited | ₹28.6 Cr (FY 2025) | -26.0% | New Delhi, Delhi, India | |||
| Polylab Industries Private Limited | ₹28.57 Cr (FY 2024) | -6.0% | Delhi, India |
To see the full peer comparison of Pearl Thermoplast Private Limited, buy the company report.
Auditor
Pearl Thermoplast Private Limited is audited by GIRISH H JAIN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH H JAIN & CO | FY 2022 | 128783W |
Shareholding
The shareholding of Pearl Thermoplast Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pearl Thermoplast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.1 Cr
Satisfied charges
₹42.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2024 | 101032867 | Others | ₹22.04 Lakh | Open | |
| 17 Aug 2023 | 100798529 | Others | ₹1.15 Cr | Open | |
| 17 Aug 2023 | 100798532 | Others | ₹91 Lakh | Open | |
| 16 Jun 2023 | 100839649 | Others | ₹11.65 Cr | Open | |
| 01 Aug 2022 | 100655288 | Axis Bank Limited | ₹16.55 Lakh | Open |
To see the full charge records of Pearl Thermoplast Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Pearl Thermoplast Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.24 Cr; the latest was in March 2021.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.24 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹1.24 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pearl Thermoplast Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Starol Petroleum Ltd | Pending |
To see the full case history of Pearl Thermoplast 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
No delayed payments to MSME suppliers are on our record for Pearl Thermoplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pearl Thermoplast Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
Pearl Thermoplast has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP4613G1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 26AAFCP4613G1ZL | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pearl Thermoplast Private Limited, buy the company report.
Recent activity
Pearl Thermoplast Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Mahipalkumar Jayantilal Parmar was appointed as Director on 30 Sep 2014.
Charges
A charge registered on 01 Oct 2020 via Charge ID 100381494 with Others was fully satisfied on 02 Dec 2025.
AGM
Pearl Thermoplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pearl Thermoplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 101032867 was registered on 26 Nov 2024.
Charges
A charge registered on 17 Nov 2020 via Charge ID 100393912 with Standard Chartered Bank was fully satisfied on 20 Sep 2023.
Charges
A charge registered on 17 Nov 2020 via Charge ID 100394769 with Standard Chartered Bank was fully satisfied on 20 Sep 2023.
Charges
A charge registered on 16 Aug 2018 via Charge ID 100224257 with Standard Chartered Bank was fully satisfied on 20 Sep 2023.
Charges
A charge registered on 16 Aug 2018 via Charge ID 100224258 with Standard Chartered Bank was fully satisfied on 20 Sep 2023.
Charges
A charge registered on 16 Aug 2018 via Charge ID 100224249 with Standard Chartered Bank was fully satisfied on 20 Sep 2023.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100798529 was registered on 17 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.91 Cr with Charge ID 100798532 was registered on 17 Aug 2023.
Charges
A charge with Others amounted to Rs. 11.65 Cr with Charge ID 100839649 was registered on 16 Jun 2023.
23 earlier events are in the company report.
Frequently asked questions
Pearl Thermoplast is an active private limited company based in Palghar, Maharashtra, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 19 May 2010 (16+ years old) and is registered under CIN U25200MH2010PTC203356.
Pearl Thermoplast has 4 current directors:
- Mahipalkumar Jayantilal Parmar - Director
- Bhupendra Ramniklal Jain - Director
- Sheetal Bhupendra Jain - Director
- Sampat Kantilal Jain - Director
The latest financial statements of Pearl Thermoplast 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 Pearl Thermoplast is 27AAFCP4613G1ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAFCP4613G1ZL (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Pearl Thermoplast is U25200MH2010PTC203356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pearl Thermoplast has 1 court case on record: 1 filed against it. 1 is pending.
Pearl Thermoplast was incorporated on 19 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Pearl Thermoplast has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.24 Cr; the latest was in March 2021.
The peers of Pearl Thermoplast by revenue are Shaila Polysacks Private Limited, Excellent Polycon Private Limited, Sanskriti Composites Private Limited, JBW Industry Private Limited, Polylab Industries Private Limited, all in the Consumer Products industry (Crockery and Utensils Manufacturers, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mahipalkumar Jayantilal Parmar was appointed as Director on 30 Sep 2014. Sampat Kantilal Jain was appointed as Director on 30 Sep 2014. Bhupendra Ramniklal Jain was appointed as Director on 19 May 2010. Pearl Thermoplast has 4 board changes on record in total.
Yes, Pearl Thermoplast is registered as a small enterprise under Udyam registration (number: UDYAM-DN-01-0000486).
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