MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-13-0027059
Plastene Flexibles Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹89.79 Cr
▲ 89% YoY
Net profit · FY 2024
₹9.46 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹1.23 Cr
EBITDA margin 1.4%
Authorised capital
₹1.06 Cr
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹43.88 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Plastene Flexibles Limited
Data last updated:
Plastene Flexibles Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 19 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2011PLC063719. Its GSTIN is 24AAGCP0666E2ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.06 Cr and a paid-up capital of ₹6 Lakh. It was formerly known as Plastene Flexibles Private Limited. It is led by directors including Dhanpatkumar Champalal Parekh and Suman Dhanpat Parekh.
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 ₹89.79 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹9.46 Lakh (net margin 0.1%) and EBITDA of ₹1.23 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 66% over five years.
As per MCA filings, the company has open charges of ₹43.88 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Plastene Flexibles Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0027059). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website champalalgroup.com.
Company details
CIN U25190GJ2011PLC063719
Registration Number 063719
Incorporation Date 19 January 2011
ROC Ahmedabad
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-GJ-13-0027059
CIN history
Plastene Flexibles has one previous CIN (Corporate Identification Number): U25190GJ2011PTC063719. The current CIN is U25190GJ2011PLC063719, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25190GJ2011PLC063719 | Current |
| U25190GJ2011PTC063719 | Previous |
Key People
Dhanpatkumar Champalal Parekh Director Suman Dhanpat Parekh Director Vijay Bhansali Director Recognitions & Rankings of Plastene Flexibles
Contact details
Plastene Flexibles Limited's registered office is in Ahmedabad, Gujarat. Its website is champalalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.F. – 204 – A Eterina Complex Near M. Square Swastik Soc. Navrangp, Ura, Ahmedabad, Gujarat, India – 380009
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Plastene Flexibles Limited, buy the company report.
Comprehensive company report
Plastene Flexibles 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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Business activity
The main business activity of Plastene Flexibles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Plastene Flexibles Limited, buy the company report.
Financials of Plastene Flexibles Limited
FY 2025 filings availablePlastene Flexibles Limited reported revenue of ₹89.79 Cr (up 89% YoY) for FY 2024.
Revenue · FY 2024
₹89.79 Cr ▲ 89%
Net profit · FY 2024
₹9.46 Lakh margin 0.1%
EBITDA · FY 2024
₹1.23 Cr margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 16%
5 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 89% growth in the latest year. EBITDA rose 15% 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 | ₹1.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.46 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 | 1.4% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Plastene Flexibles Limited, buy the company report.
Board of directors of Plastene Flexibles Limited
Plastene Flexibles has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanpatkumar Champalal Parekh Also directs: Abhinav Greenfuels LLP, Majithia Salt and Chemicals Works Pvt Ltd, Jinkushal Mineschem Private Limited and 1 more | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Suman Dhanpat Parekh | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
| Vijay Bhansali | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Plastene Flexibles Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Euroasia's Ingredients Private Limited | ₹91.76 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Ketul Enterprises Private Limited | ₹91.48 Cr (FY 2025) | -41.0% | Mumbai, Maharashtra, India | |||
| Gesu Chemicals Private Limited | ₹91.21 Cr (FY 2025) | -1.0% | Kanpur, Uttar Pradesh, India | |||
| Lucky Industries (India) Private Limited. | ₹90.95 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Plastene Flexibles Limitedthis company | ₹89.79 Cr (FY 2024) | ₹9.46 Lakh | 0.1% | 89.0% | Ahmedabad, Gujarat, India | |
| Vaibhav International Private Limited | ₹89.4 Cr (FY 2024) | -62.0% | Mumbai, Maharashtra, India | |||
| RS Bajaj Organo Chem Private Limited | ₹89.27 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Acuro Organics Limited | ₹89.21 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Chemico International Pvt Ltd | ₹88.9 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Manya Polychem Private Limited | ₹88.85 Cr (FY 2025) | 223.0% | Delhi, India |
To see the full peer comparison of Plastene Flexibles Limited, buy the company report.
Auditor
Plastene Flexibles Limited is audited by G V A & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V A & Co LLP | FY 2023 | W100183 |
Shareholding
The shareholding of Plastene Flexibles 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 Plastene Flexibles Limited, buy the company report.
Charges & borrowings
Open charges
₹43.88 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2025 | 101138719 | Others | ₹43.78 Cr | Open | |
| 05 Jul 2024 | 100949809 | The South Indian Bank Limited | ₹10.03 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Plastene Flexibles Limited has 1 court case on record: 1 filed by Plastene Flexibles. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Plastene Flexibles 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 Plastene Flexibles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Plastene Flexibles has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP0666E2ZM | Gujarat | Active | 21 May 2018 |
To see the full GST registrations and return filing status of Plastene Flexibles Limited, buy the company report.
Recent activity
Plastene Flexibles Limited has 12 board changes on record since 2014: 3 appointments and 9 cessations. The latest: Suman Dhanpat Parekh was appointed as Director on 18 Nov 2023.
AGM
Plastene Flexibles Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 43.78 Cr with Charge ID 101138719 was registered on 07 Aug 2025.
Filing
Plastene Flexibles Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100949809 was registered on 05 Jul 2024.
Appointed
Suman Dhanpat Parekh was appointed as Director.
Ceased
Dhanpatkumar Champalal Parekh ceased to be Additional Director.
Appointed
Dhanpatkumar Champalal Parekh was appointed as Director.
Ceased
Manisha Chetan Parekh ceased to be Additional Director.
Ceased
Vijay Bhansali ceased to be Additional Director.
Ceased
Siddharth Shantilal Parekh ceased to be Director.
Ceased
Anil Shyamsunder Goyal ceased to be Director.
Appointed
Vijay Bhansali was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Plastene Flexibles is an active public limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U25190GJ2011PLC063719.
Plastene Flexibles has 3 current directors:
- Dhanpatkumar Champalal Parekh - Director
- Suman Dhanpat Parekh - Director
- Vijay Bhansali - Director
The latest financial statements of Plastene Flexibles 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 Plastene Flexibles is 24AAGCP0666E2ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Plastene Flexibles is U25190GJ2011PLC063719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plastene Flexibles has 1 court case on record: 1 filed by the company.
Plastene Flexibles was incorporated on 19 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Plastene Flexibles by revenue are Euroasia's Ingredients Private Limited, Ketul Enterprises Private Limited, Gesu Chemicals Private Limited, Lucky Industries (India) Private Limited, Vaibhav International Private Limited and 4 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Suman Dhanpat Parekh was appointed as Director on 18 Nov 2023. Dhanpatkumar Champalal Parekh ceased to be Additional Director on 31 Dec 2020. Dhanpatkumar Champalal Parekh was appointed as Director on 25 Oct 2019. Plastene Flexibles has 12 board changes on record in total.
Yes, Plastene Flexibles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-13-0027059).
Plastene Flexibles can be reached through the website champalalgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
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