Plama Plastics Limited
About Plama Plastics Limited
Data last updated:
Plama Plastics Limited is a public limited company based in Mangalore, Karnataka, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 23 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24139KA1999PLC025628. Its GSTIN is 29AACCP0948D1ZI (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.5 Lakh. It is led by directors including Suresh Babu Karkera and Santosh Babu Karkera.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot #171 C Indl. Area Baikampady New Mangalore, Karnataka, India – 575011.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.01 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹9.7 Lakh (net margin 0.9%) and EBITDA of ₹63.34 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.17 Cr and satisfied charges of ₹38.18 Lakh on record. Court records list 2 cases involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot #171 C Indl. Area Baikampady New Mangalore, Karnataka, India – 575011
- IndustryPackaging, Woven Packaging 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
Business Activity of Plama Plastics Limited
The main business activity of Plama Plastics is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products | 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.
Financials of Plama Plastics Limited FY 2025 filings available
Plama Plastics Limited reported revenue of ₹11.01 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Plama Plastics Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 13% fall in the latest year. EBITDA rose 37% 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 Plama Plastics 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 | ₹63.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.7 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 Plama Plastics Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Plama Plastics 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.
Peer Comparison of Plama Plastics Limited
Plama Plastics Limited is compared with the companies closest to it by revenue in the Packaging industry (Woven 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 |
|---|---|---|---|---|---|---|
| Hannu Sacks Private Limited | ₹11.32 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Shree Gajanand Plastics Private Limited | ₹11.22 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Nagpur, Maharashtra, India |
| Meerut Polypack Private Limited | ₹11.2 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Shri Sadhi Krupa Polysacks Private Limited | ₹11.12 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Ahmedabad, Gujarat, India |
| Juliet Industries Private Limited | ₹11.01 Cr (FY 2023) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Plama Plastics Limited this company | ₹11.01 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mangalore, Karnataka, India |
| Vision Textiles Private Limited | ₹10.77 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Raipur, Chhattisgarh, India |
| Naredi Polypack Private Limited | ₹10.69 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Nimbahera, Rajasthan, India |
| Ess Bee Poly Tarps Pvt Ltd | ₹10.56 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pithampur, Madhya Pradesh, India |
| Natgen Plastomer Private Limited | ₹10.45 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Kotda, Gujarat, India |
| Jagannath Plastipacks Limited | ₹10.35 Cr (FY 2023) | •••• | •••• | -44.0% | •••• | Jagatpur, Odisha, India |
Peers are the five companies nearest above and the five nearest below Plama Plastics by revenue in the Packaging industry (Woven 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 Plama Plastics Limited
Plama Plastics Limited is audited by S.S.NAYAK for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.S.NAYAK | 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 Plama Plastics Limited
Plama Plastics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Babu Karkera Also directs: Wizard Cable Net and Graphics Private Limited | Director | 19 Jan 2004 | 22 Years 8 Months | Current |
| Santosh Babu Karkera | Director | 14 Dec 2021 | 4 Years 9 Months | Current |
| Mohan Babu Karkera Also directs: Wizard Cable Net and Graphics Private Limited | Director | 19 Jan 2004 | 22 Years 8 Months | Current |
| Leelaksha Babu Karkera Also directs: Wizard Cable Net and Graphics Private Limited | Director | 19 Jan 2004 | 22 Years 8 Months | Current |
Ownership and Shareholding of Plama Plastics 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 Plama Plastics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2025 | Sidbi | ₹21.77 Lakh | Open |
| 24 Oct 2024 | Canara Bank | ₹21.5 Lakh | Open |
| 30 Aug 2024 | Canara Bank | ₹3.79 Lakh | Open |
| 22 Jun 2021 | Canara Bank | ₹20 Lakh | Open |
| 21 Sep 2000 | Canara Bank | ₹2.5 Cr | Open |
Total charge records: 10 View all charges
Legal Cases of Plama Plastics Limited
Plama Plastics Limited has 2 court cases on record: 2 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Plama Plastics Limited
Plama Plastics Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Harishree Polymers Private Limited | •••• | •••• | •••• |
| Plasmix Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Chem Traders | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Plama Plastics Limited
Plama Plastics Limited has a workforce of 65 employees as of Apr 07, 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.
Recent Activity on Plama Plastics Limited
Plama Plastics Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Santosh Babu Karkera ceased to be Additional Director on 29 Sep 2022.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Plama Plastics 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.
Subsidiaries & Group Companies of Plama Plastics 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.
GST Compliance of Plama Plastics Limited
Plama Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP0948D1ZI | Karnataka | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Plama Plastics 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.
Frequently Asked Questions about Plama Plastics Limited
Plama Plastics is an active public limited company based in Mangalore, Karnataka, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 23 August 1999 (27+ years old) and is registered under CIN U24139KA1999PLC025628.
Plama Plastics reported revenue of ₹11.01 Cr for FY 2025 (down 13% YoY).
Plama Plastics has 4 current directors:
- Suresh Babu Karkera - Director
- Santosh Babu Karkera - Director
- Mohan Babu Karkera - Director
- Leelaksha Babu Karkera - Director
Plama Plastics reported a net profit of ₹9.7 Lakh (net margin 0.9%) and EBITDA of ₹63.34 Lakh (EBITDA margin 5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Plama Plastics is -6% over three years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Plama Plastics is 29AACCP0948D1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Plama Plastics is U24139KA1999PLC025628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plama Plastics has 2 court cases on record.
Plama Plastics was incorporated on 23 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Plama Plastics by revenue are Hannu Sacks Private Limited, Shree Gajanand Plastics Private Limited, Meerut Polypack Private Limited, Shri Sadhi Krupa Polysacks Private Limited, Juliet Industries Private Limited and 5 more, all in the Packaging industry (Woven Products).
Santosh Babu Karkera ceased to be Additional Director on 29 Sep 2022. Santosh Babu Karkera was appointed as Director on 14 Dec 2021. Harish Babu Karkera ceased to be Director on 29 Nov 2021. Plama Plastics has 6 board changes on record in total.
Plama Plastics has 8 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 7 micro and small suppliers. The latest return was filed on 21 Nov 2023.