Plasma Elastics Pvt Ltd
About Plasma Elastics Pvt Ltd
Data last updated:
Plasma Elastics Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1993PTC020087. Its GSTIN is 24AABCP1527H1ZS (Gujarat).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Viren Ashokkumar Paryani and Ashokkumar Sewaldas Paryani.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹58,317 (net margin 0.6%) and EBITDA of ₹1.63 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹19 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShed No. 17 – 18 – 19 Sai Krishna Estate Hitendranagar Co – Op. Industrial Soc. Ltd, Naroda, Ahmedabad, Gujarat, India – 380025
- IndustryManufacturing, Textile & Fabric Production
- 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 Plasma Elastics Pvt Ltd
The main business activity of Plasma Elastics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel 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 Plasma Elastics Pvt Ltd FY 2025 filings available
Plasma Elastics Pvt Ltd reported revenue of ₹1.02 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Plasma Elastics Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 6% growth in the latest year. EBITDA fell 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 of Plasma Elastics Pvt Ltd
| 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 | ₹1.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹58,317 | •••• | •••• | •••• | •••• |
| 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 Plasma Elastics Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Plasma Elastics 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 Plasma Elastics Pvt Ltd
Plasma Elastics Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chanakya Fashion Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| BK Golden Impex Private Limited | ₹1.02 Cr (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Arpit Textiles Pvt. Ltd | ₹1.02 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Rajasthan, India |
| Texhub Textile Industries (OPC) Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Ichalkaranji, Maharashtra, India |
| Impetus Activwear Private Limited. | ₹1.02 Cr (FY 2025) | •••• | •••• | 253.0% | •••• | New Delhi, Delhi, India |
| Plasma Elastics Pvt Ltd this company | ₹1.02 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Ahmedabad, Gujarat, India |
| Presage Texports Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Model Town, Delhi, India |
| Sovereign Cloth Works Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Mumbai, Maharashtra, India |
| Cheran Textiles Wind Farm Private Limited | ₹1.01 Cr (FY 2016) | •••• | •••• | 2.0% | •••• | Tirupur, Tamil Nadu, India |
| Kotiratan Exports Private Limited | ₹1.01 Cr (FY 2023) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Zai Fashion Private Limited | ₹1.01 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Plasma Elastics by revenue in the Manufacturing industry (Textiles), 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 Plasma Elastics Pvt Ltd
Plasma Elastics Pvt Ltd is audited by VIJAY S MELWANI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAY S MELWANI & ASSOCIATES | 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 Plasma Elastics Pvt Ltd
Plasma Elastics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Ashokkumar Paryani | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Ashokkumar Sewaldas Paryani | Director | 27 Aug 1993 | 33 Years 1 Months | Current |
Ownership and Shareholding of Plasma Elastics Pvt Ltd
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 Plasma Elastics Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2003 | State Bank of India | ₹9 Lakh | Open |
| 31 Mar 1994 | Gujarat State Financial Corporation | ₹10 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Plasma Elastics Pvt Ltd
Employment history and EPFO contributions of people linked to Plasma Elastics.
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 Plasma Elastics Pvt Ltd
Plasma Elastics Pvt Ltd has 3 board changes on record since 1993: 2 appointments and 1 cessation. The latest: Malti Ashokkumar Paryani ceased to be Director on 01 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Plasma Elastics Pvt Ltd
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.
MSME Payment Delays by Plasma Elastics Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Plasma Elastics Pvt Ltd
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 Plasma Elastics Pvt Ltd
Plasma Elastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP1527H1ZS | Gujarat | 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 Plasma Elastics Pvt Ltd
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 Plasma Elastics Pvt Ltd
Plasma Elastics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 August 1993 (33+ years old) and is registered under CIN U25209GJ1993PTC020087.
Plasma Elastics reported revenue of ₹1.02 Cr for FY 2024 (up 6% YoY).
Plasma Elastics has 2 current directors:
- Viren Ashokkumar Paryani - Director
- Ashokkumar Sewaldas Paryani - Director
Plasma Elastics reported a net profit of ₹58,317 (net margin 0.6%) and EBITDA of ₹1.63 Lakh (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Plasma Elastics is -3% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Plasma Elastics is 24AABCP1527H1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Plasma Elastics is U25209GJ1993PTC020087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plasma Elastics was incorporated on 27 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Plasma Elastics by revenue are Chanakya Fashion Private Limited, BK Golden Impex Private Limited, Arpit Textiles Pvt. Ltd, Texhub Textile Industries (OPC) Private Limited, Impetus Activwear Private Limited. and 5 more, all in the Manufacturing industry (Textiles).
Malti Ashokkumar Paryani ceased to be Director on 01 Jan 2013. Viren Ashokkumar Paryani was appointed as Director on 01 Jan 2013. Ashokkumar Sewaldas Paryani was appointed as Director on 27 Aug 1993.
The registered office of Plasma Elastics is at Shed No. 17 – 18 – 19 Sai Krishna Estate Hitendranagar Co – Op. Industrial Soc. Ltd, Naroda, Ahmedabad, Gujarat, India – 380025.