- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-08-0006329

Pioneer Plastic Industries Limited
About Pioneer Plastic Industries Limited
Data last updated:
Pioneer Plastic Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 28 July 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL1982PLC014107. Its GSTIN is 07AAACP1585A1ZT (Delhi). The company holds 12 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.74 Cr. It is led by directors including Mahabir Prasad Periwal and Aruna Periwal.
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 A – 135 Okhla Industrial Area Pase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹88.2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹62.11 Lakh (net margin 70.4%) and EBITDA of ₹80.24 Lakh (EBITDA margin 91%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 50% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8.43 Cr on record. Court records list 26 cases involving the company, including 23 filed by the company and 3 filed against it.
Pioneer Plastic Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0006329). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Pioneer Plastic Industries has one previous CIN (Corporate Identification Number): U25209DL1982SGC014107. The current CIN is U25209DL1982PLC014107, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209DL1982PLC014107 | Current |
| U25209DL1982SGC014107 | Previous |
Recognitions & Rankings of Pioneer Plastic Industries
Contact details
Pioneer Plastic Industries Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 135 Okhla Industrial Area Pase – II, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Pioneer Plastic Industries 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 Pioneer Plastic Industries 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 Pioneer Plastic Industries Limited, buy the company report.
Financials of Pioneer Plastic Industries Limited
FY 2024 filings availablePioneer Plastic Industries Limited reported revenue of ₹88.2 Lakh (up 297% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 297% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA fell 67% 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 | ₹80.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.11 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 | 91% | ||||
| Net Profit Margin | 70.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pioneer Plastic Industries Limited, buy the company report.
Board of directors of Pioneer Plastic Industries Limited
Pioneer Plastic Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahabir Prasad Periwal | Director | 19 Mar 1986 | 40 Years 7 Months | Current |
| Aruna Periwal Also directs: Purma Overseas Private Limited, Urvara Infrastructure Private Limited, Badridas Investment Co Ltd and 5 more | Director | 28 Jul 1982 | 44 Years 3 Months | Current |
| Raghuveer Sharma | Director | 01 Mar 2003 | 23 Years 8 Months | Current |
Auditor
Pioneer Plastic Industries Limited is audited by P.K.Taparia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.Taparia & Associates | FY 2023 | 007695N |
Shareholding
The shareholding of Pioneer Plastic Industries 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pioneer Plastic Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2021 | 100517842 | Others | ₹1.43 Cr | Satisfied | |
| 19 Mar 1986 | 90031982 | United Bank of India | ₹7 Cr | Satisfied |
To see the full charge records of Pioneer Plastic Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Pioneer Plastic Industries Limited has 26 court cases on record: 23 filed by Pioneer Plastic Industries, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 2 | 0 |
| High courts | 7 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Jaipur | Insolvency matter | Filed by the company against M/S Salamudeen Advantage Pvt. Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Harshwardhan Organic Foods Pvt.Ltd. and 1 other | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Saket Organic Foods Pvt Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Tulip Telecom Ltd. Ors. | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Ms R. S. Products Pvt Ltd | Disposed |
To see the full case history of Pioneer Plastic Industries 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.
Credit ratings & regulatory alerts
Pioneer Plastic Industries Limited was last rated by Crisil on 26 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Oct 2020 |
To see the full credit ratings and regulatory alerts of Pioneer Plastic Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pioneer Plastic Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pioneer Plastic Industries Limited has a workforce of 4 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Pioneer Plastic Industries has 12 GST registrations: 3 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP1585A1ZT | Delhi | Active | 01 Jul 2017 |
| 08AAACP1585A1ZR | Rajasthan | Active | 01 Jul 2017 |
| 20AAACP1585A1Z5 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pioneer Plastic Industries Limited, buy the company report.
Recent activity
Pioneer Plastic Industries Limited has 3 board changes on record since 1982: 3 appointments. The latest: Raghuveer Sharma was appointed as Director on 01 Mar 2003.
Frequently asked questions
Pioneer Plastic Industries is an active public limited company based in New Delhi, Delhi, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 28 July 1982 (44+ years old) and is registered under CIN U25209DL1982PLC014107.
Pioneer Plastic Industries has 3 current directors:
- Mahabir Prasad Periwal - Director
- Aruna Periwal - Director
- Raghuveer Sharma - Director
The latest financial statements of Pioneer Plastic Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pioneer Plastic Industries is 07AAACP1585A1ZT, registered in Delhi. The company has 12 GST registrations in all, of which 3 are active and 9 are cancelled or inactive. Other active GSTINs include 08AAACP1585A1ZR (Rajasthan), 20AAACP1585A1Z5 (Jharkhand).
The CIN (Corporate Identification Number) of Pioneer Plastic Industries is U25209DL1982PLC014107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Plastic Industries has 26 court cases on record: 23 filed by the company and 3 filed against it. Most are in the district courts.
Pioneer Plastic Industries was incorporated on 28 July 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
Raghuveer Sharma was appointed as Director on 01 Mar 2003. Mahabir Prasad Periwal was appointed as Director on 19 Mar 1986. Aruna Periwal was appointed as Director on 28 Jul 1982.
Yes, Pioneer Plastic Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-08-0006329).
The registered office of Pioneer Plastic Industries is at A – 135 Okhla Industrial Area Pase – II, New Delhi, Delhi, India – 110020.

