MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0114811
Plastene Polyfilms Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹137 Cr
▲ 7% YoY
Net profit · FY 2025
₹3.06 Cr
Net margin 2.2%
EBITDA · FY 2025
₹8.61 Cr
EBITDA margin 6.3%
Authorised capital
₹3.02 Cr
Registered with MCA
Paid-up capital
₹69.08 Lakh
Issued & subscribed
Open charges
₹41.11 Cr
Satisfied ₹29.29 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
114
Provident fund records
About Plastene Polyfilms Limited
Data last updated:
Plastene Polyfilms Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 16 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2009PLC058586. Its GSTIN is 24AAFCP2956A1ZR (Gujarat).
The company has an authorised share capital of ₹3.02 Cr and a paid-up capital of ₹69.08 Lakh. It is led by directors including Pritesh Khushalraj Parekh (Managing Director) and Makarand Krishnarao Deorankar (Whole-Time Director).
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 H. B. Jirawla House 13 Navbharat Society Opp. Panchshil Bus – Stop Usmanpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹137 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.06 Cr (net margin 2.2%) and EBITDA of ₹8.61 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 114 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.11 Cr and satisfied charges of ₹29.29 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹6.41 Cr; the latest was in January 2023. Its 4 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Jayesh Tradex Private Limited with revenue of ₹139.8 Cr.
Plastene Polyfilms Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0114811). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hpbl.in.
Company details
CIN U25200GJ2009PLC058586
Registration Number 058586
Incorporation Date 16 November 2009
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 Medium
Udyam Registration UDYAM-GJ-01-0114811
Key People
Pritesh Khushalraj Parekh Managing Director Makarand Krishnarao Deorankar Whole-Time Director Prakash Hiralal Parekh Director Recognitions & Rankings of Plastene Polyfilms
Contact details
Plastene Polyfilms Limited's registered office is in Ahmedabad, Gujarat. Its website is hpbl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH. B. Jirawla House 13 Navbharat Society Opp. Panchshil Bus – Stop Usmanpura, Ahmedabad, Gujarat, India – 380013
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Plastene Polyfilms Limited, buy the company report.
Comprehensive company report
Plastene Polyfilms 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 activities of Plastene Polyfilms are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Plastene Polyfilms Limited, buy the company report.
Financials of Plastene Polyfilms Limited
FY 2025 filings availablePlastene Polyfilms Limited reported revenue of ₹137 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹137 Cr ▲ 7%
Net profit · FY 2025
₹3.06 Cr margin 2.2%
EBITDA · FY 2025
₹8.61 Cr margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 13%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA rose 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| 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 Polyfilms Limited, buy the company report.
Board of directors of Plastene Polyfilms Limited
Plastene Polyfilms has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Hiralal Parekh | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
| Pritesh Khushalraj Parekh | Managing Director | 12 Apr 2010 | 16 Years 6 Months | Current |
| Mahavirkumar Ratanlal Parekh Also directs: Parekh Ventures LLP, Adinath Real Space LLP, Oswal Agricomm Private Limited and 1 more | Director | 12 Apr 2010 | 16 Years 6 Months | Current |
| Meenu Maheshwari Also directs: HCP Plastene Bulkpack Limited, Plastene India Limited, Palco Metals Limited and 2 more | Director | 27 May 2022 | 4 Years 5 Months | Current |
| Kushalraj Parekh Also directs: Oswal Agricomm Private Limited | Director | 12 Apr 2010 | 16 Years 6 Months | Current |
| Makarand Krishnarao Deorankar Also directs: K. P. Woven Private Limited | Whole-Time Director | 05 Feb 2016 | 10 Years 8 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Plastene Polyfilms Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| Jayesh Tradex Private Limited | ₹139.8 Cr (FY 2025) | 38.0% | New Delhi, Delhi, India | |||
| Plastene Polyfilms Limitedthis company | ₹137 Cr (FY 2025) | ₹3.06 Cr | 2.2% | 7.0% | 114 | Ahmedabad, Gujarat, India |
| RM Converters Private Limited | ₹135.63 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| RFBL Flexi Pack Limited | ₹135.46 Cr (FY 2025) | 44.0% | Himatnagar, Gujarat, India | |||
| Wheel Flexible Packaging Private Limited | ₹133.73 Cr (FY 2025) | -1.0% | Dadra, Dadra and Nagar Haveli, India |
To see the full peer comparison of Plastene Polyfilms Limited, buy the company report.
Auditor
Plastene Polyfilms Limited is audited by PATEL JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL JAIN & ASSOCIATES | FY 2023 | 129797W |
Shareholding
The shareholding of Plastene Polyfilms Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Plastene Polyfilms Limited, buy the company report.
Charges & borrowings
Open charges
₹41.11 Cr
Satisfied charges
₹29.29 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2023 | 100852833 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 26 Jul 2022 | 100633747 | Hdfc Bank Limited | ₹19.2 Lakh | Open | |
| 31 Mar 2022 | 100565742 | Karnataka Bank Ltd. | ₹40.8 Cr | Open | |
| 23 Sep 2010 | 10247203 | State Bank of India | ₹29.29 Cr | Satisfied |
To see the full charge records of Plastene Polyfilms Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Plastene Polyfilms Limited has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹6.41 Cr; the latest was in January 2023.
Total deals
12
Secondary share transfers
11
Funding round
1
Disclosed funding
₹6.41 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: K. P. Woven Private Limited |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Elite Inks Private Limited Seller: Oswal Extrusion Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: HCP Enterprise Limited , K. P. Woven Private Limited , Oswal Extrusion Limited Seller: an individual |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: HCP Enterprise Limited , 3 individuals Seller: 4 individuals |
To see the full deal history of Plastene Polyfilms Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Plastene Polyfilms Limited has 5 court cases on record: 2 filed by Plastene Polyfilms, 3 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Court case (DST LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 3 others | Disposed |
| District court, kachchh at Bhuj, Gujarat | Civil suit | Filed by the company against M/S V.D. Industries Proprietor Mr. Anil and 1 other | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Plastene Polyfilms 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 Polyfilms Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plastene Polyfilms Limited has a workforce of 114 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
114
Active EPFO establishments
1
Employee growth
-9.52%
GST
Plastene Polyfilms has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP2956A1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plastene Polyfilms Limited, buy the company report.
Recent activity
Plastene Polyfilms Limited has 19 board changes on record since 2010: 7 appointments and 12 cessations. The latest: Prakash Hiralal Parekh was appointed as Director on 03 Sep 2025.
AGM
Plastene Polyfilms Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Prakash Hiralal Parekh was appointed as Director.
Filing
Plastene Polyfilms Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100852833 was registered on 27 Dec 2023.
Ceased
Rajesh M K Nair ceased to be Additional Director.
Appointed
Rajesh M K Nair was appointed as Director.
Charges
A charge with Karnataka Bank Ltd. of Rs. 40.80 Cr registered on 31 Mar 2022 with Charge ID 100565742 was modified on 17 Feb 2023.
Ceased
Girish Bhawarlal Agrawal ceased to be Additional Director.
Ceased
Meenu Maheshwari ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100633747 was registered on 26 Jul 2022.
Charges
A charge registered on 23 Sep 2010 via Charge ID 10247203 with State Bank Of India was fully satisfied on 24 Jun 2022.
Appointed
Meenu Maheshwari was appointed as Director.
17 earlier events are in the company report.
Frequently asked questions
Plastene Polyfilms is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 16 November 2009 (17+ years old) and is registered under CIN U25200GJ2009PLC058586.
Plastene Polyfilms has 7 current directors:
- Pritesh Khushalraj Parekh - Managing Director
- Makarand Krishnarao Deorankar - Whole-Time Director
- Prakash Hiralal Parekh - Director
- Mahavirkumar Ratanlal Parekh - Director
- Meenu Maheshwari - Director
- Kushalraj Parekh - Director
- Rajesh M K Nair - Director
The latest financial statements of Plastene Polyfilms 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 Polyfilms is 24AAFCP2956A1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Plastene Polyfilms is U25200GJ2009PLC058586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plastene Polyfilms has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Plastene Polyfilms was incorporated on 16 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Plastene Polyfilms has 12 deals on record (11 secondary share transfers, 1 funding round), with disclosed funding of ₹6.41 Cr; the latest was in January 2023.
The peers of Plastene Polyfilms by revenue are Jayesh Tradex Private Limited, RM Converters Private Limited, RFBL Flexi Pack Limited, Wheel Flexible Packaging Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Prakash Hiralal Parekh was appointed as Director on 03 Sep 2025. Rajesh M K Nair ceased to be Additional Director on 28 Sep 2023. Rajesh M K Nair was appointed as Director on 28 Jul 2023. Plastene Polyfilms has 19 board changes on record in total.
Yes, Plastene Polyfilms is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0114811).
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