Plastiblends India Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L25200MH1991PLC059943 Incorporated 22 January 1991 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: PLASTIBLEN · BSE: 523648 Public Limited Company manufacturing
Data last updated
Market Cap
₹434 Cr
PLASTIBLEN · NSE
Share Price
₹163.22
-2.18% today
Revenue
₹789 Cr
FY 2025-26 · +1.1% YoY
EBITDA
₹53.02 Cr
Margin 6.7%
Net Profit
₹33.28 Cr
FY 2025-26 · +10.3% YoY
P/E (TTM)
9.1x
P/B 0.8x
ROE
8.4%
ROCE 10.9%
Debt / Equity
0.03
Interest cover 5.6x

About Plastiblends India Limited

Data last updated:

Plastiblends India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 22 January 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25200MH1991PLC059943. Its GSTIN is 27AAACP6287B1ZG (Maharashtra). The company holds 9 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 523648 and NSE: PLASTIBLEN.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹12.99 Cr. It is led by directors including Varun Kabra Satyanarayan (Managing Director) and Satyanarayan Gopilal Kabra (Managing Director).

Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹788.66 Cr, a growth of 1.1% compared to the previous year. For the same year it recorded a net profit of ₹33.28 Cr (net margin 4.2%) and EBITDA of ₹53.02 Cr (EBITDA margin 6.7%). The net worth stands at ₹449.04 Cr (up 5% YoY). Total assets are valued at ₹486.05 Cr (up 8.9% YoY).

The company has about 513 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Plastiblends. As per MCA filings, the company has open charges of ₹103.6 Cr and satisfied charges of ₹242.2 Cr on record. Court records list 57 cases involving the company, including 44 filed by the company and 13 filed against it; 12 cases are pending. The company has 16 deals on record (16 market trades); the latest was in September 2024. Its 6 peer companies in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Envalior India Private Limited with revenue of ₹1,212.91 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 23 overdue payments to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plastiblends.com.

Company details

CIN L25200MH1991PLC059943
Registration Number 059943
Incorporation Date 22 January 1991
ROC Mumbai
Listing Status Listed - Listed on NSE (PLASTIBLEN); Listed on BSE (523648)
Company Status Active
Date of Last AGM 15 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Plastiblends India has one previous CIN (Corporate Identification Number): U25200MH1991PLC059943. The current CIN is L25200MH1991PLC059943, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25200MH1991PLC059943Current
U25200MH1991PLC059943Previous

Contact details

Plastiblends India Limited's registered office is in Mumbai, Maharashtra. Its website is plastiblends.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Fortune Terraces 10th Floor A Wing New Link Road Opp Citi Mall Andheri (W, Est), Mumbai, Maharashtra, India – 400053
  • Industry
    Manufacturing, Plastic & Resins

To see the full contact details of Plastiblends India Limited, buy the company report.

Comprehensive company report
Plastiblends India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Plastiblends India operates one associated brand: Plastiblends. Each brand links to its own profile.

BrandDescriptionWebsite
Colour and additive masterbatches are manufactured with thermoplastic compounds.plastiblends.com

Business activity

The main business activity of Plastiblends India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Plastiblends India Limited, buy the company report.

Financials of Plastiblends India Limited

FY 2025-26 filings available

Plastiblends India Limited reported revenue of ₹788.66 Cr (up 1.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹789 Cr
+1.1% YoY
EBITDA
₹53.02 Cr
+2.0% YoY
Profit After Tax
₹33.28 Cr
+10.3% YoY
Net Worth
₹449 Cr
+5.0% YoY
Total Assets
₹486 Cr
+8.9% YoY
Total Debt
₹22.31 Cr
+365.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue789780802769718577606
Revenue growth+1.1%-2.7%+4.4%+7.1%+24.3%-4.7%-
EBITDA53.0251.9754.5549.8362.2368.5767.44
EBITDA margin+6.7%+6.7%+6.8%+6.5%+8.7%+11.9%+11.1%
Profit before tax48.8344.9146.1636.4948.9853.1951.53
Net profit33.2830.1833.0426.4936.8037.3137.16
Net profit margin+4.2%+3.9%+4.1%+3.5%+5.1%+6.5%+6.1%
EPS (₹)14.1212.8713.2810.3314.1214.3714.30
Balance sheet
Total assets486447425417444381350
Net worth449428405395381330281
Total debt22.314.797.818.7144.7931.9148.36
Cash & bank5.565.553.072.501.672.901.23
Net working capital251225187181213180171
Cash flow
Cash from operations21.338.8638.0672.3115.4448.1474.39
Cash from investing(33.01)6.25(27.44)(26.18)(4.76)(27.26)(20.23)
Cash from financing(8.39)(11.90)(11.02)(45.27)(11.71)(19.44)(54.67)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue229222211186193200199184
Revenue growth (YoY)+18.8%+11.0%+5.8%+0.8%+3.9%-5.7%--
Other income2.582.373.663.353.512.522.411.98
Total expenses213200192176182186185173
EBITDA16.1421.9818.939.6710.8613.4814.4511.43
EBITDA margin+7.1%+9.9%+9.0%+5.2%+5.6%+6.8%+7.3%+6.2%
Depreciation3.803.723.683.773.813.843.793.88
Interest0.390.400.590.660.550.270.280.29
Profit before tax14.5320.2318.328.5910.0111.8912.799.24
Tax3.875.284.462.132.572.973.212.53

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue229222211186193200199184
Revenue growth (YoY)+18.8%+11.0%+5.8%+0.8%+3.9%-5.7%--
Other income2.582.373.663.353.512.522.411.98
Total expenses213200192176182186185173
EBITDA16.1421.9818.939.6710.8613.4814.4511.43
EBITDA margin+7.1%+9.9%+9.0%+5.2%+5.6%+6.8%+7.3%+6.2%
Depreciation3.803.723.683.773.813.843.793.88
Interest0.390.400.590.660.550.270.280.29
Profit before tax14.5320.2318.328.5910.0111.8912.799.24
Tax3.875.284.462.132.572.973.212.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue789780802769718577606
Revenue growth+1.1%-2.7%+4.4%+7.1%+24.3%-4.7%-
Other income13.049.438.185.215.943.512.62
Total expenses736728748719655509538
Employee cost43.7942.2838.6936.3734.4231.3330.73
EBITDA53.0251.9754.5549.8362.2368.5767.44
EBITDA margin+6.7%+6.7%+6.8%+6.5%+8.7%+11.9%+11.1%
Depreciation15.0915.2215.4016.4316.0915.8717.05
Interest2.141.271.172.123.103.021.48
Profit before tax48.8344.9146.1636.4948.9853.1951.53
Tax12.1311.4811.649.6312.2715.8414.37
Net profit33.2830.1833.0426.4936.8037.3137.16
Net profit margin+4.2%+3.9%+4.1%+3.5%+5.1%+6.5%+6.1%
EPS (₹)14.1212.8713.2810.3314.1214.3714.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.9912.9912.9912.9912.9912.9912.99
Reserves & surplus436415392382368317268
Shareholders' funds (net worth)449428405395381330281
Secured loans20.000.000.980.0033.5631.9140.36
Unsecured loans2.314.796.838.7111.230.008.00
Total debt22.314.797.818.7144.7931.9148.36
Total liabilities486447425417444381350
Assets
Gross block306282274268269243229
Net block180170176181189179180
Capital work in progress6.182.561.250.212.479.002.63
Investments56.2456.4470.6867.2250.7721.963.90
Inventories15413912612213612498.59
Sundry debtors13011187.9991.1211993.58101
Cash & bank balances5.565.553.072.501.672.901.23
Loans & advances23.5917.4114.1617.4415.0918.4817.63
Total current assets313273231233272239219
Total current liabilities61.2748.3044.2152.1258.8659.4247.61
Net working capital251225187181213180171
Total assets486447425417444381350
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.611.401.790.931.950.501.01
Net cash from operating activities21.338.8638.0672.3115.4448.1474.39
Net cash from investing activities(33.01)6.25(27.44)(26.18)(4.76)(27.26)(20.23)
Net cash from financing activities(8.39)(11.90)(11.02)(45.27)(11.71)(19.44)(54.67)
Net change in cash(20.07)3.21(0.40)0.87(1.02)1.45(0.51)
Closing cash5.565.553.072.501.672.901.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.1%-2.7%+4.4%+7.1%+24.3%-4.7%-
EBITDA growth+2.0%-4.7%+9.5%-19.9%-9.3%+1.7%-
PBT growth+8.7%-2.7%+26.5%-25.5%-7.9%+3.2%+23.8%
Net income growth+10.3%-8.7%+24.7%-28.0%-1.4%+0.4%-
Revenue CAGR (3Y)+0.9%+2.8%+11.6%+8.3%+4.6%+0.6%+3.6%
EBITDA CAGR (3Y)+2.1%-5.8%-7.3%-9.6%+1.1%+7.7%+1.8%
Profitability & leverage
Net income margin+4.7%+4.3%+4.3%+3.5%+5.1%+6.5%+6.1%
Return on capital employed+10.9%+10.6%+11.2%+9.0%+12.6%+15.4%+14.8%
Return on net worth+8.4%+8.0%+8.6%+6.9%+10.3%+12.2%+13.5%
Debt / equity0.030.020.020.070.110.130.23
Long-term debt / equity0.000.010.010.020.020.020.05
Interest cover5.643.462.996.356.725.732.94
Efficiency & per share
Fixed asset turnover2.682.812.962.862.802.442.79
Inventory turnover5.385.896.495.975.525.196.77
Debtors turnover6.557.838.967.306.745.935.19
EPS (₹)14.1212.8713.2810.3314.1214.3714.30
Dividend per share (₹)3.002.504.254.004.004.003.75
Book value per share (₹)172.78164.51155.99151.99146.78127.02108.08

To see the full year-wise statements and ratios of Plastiblends India Limited, buy the company report.

Board of directors of Plastiblends India Limited

Plastiblends India has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varun Kabra SatyanarayanManaging Director13 Feb 201511 Years 8 MonthsCurrent
Rahul Ramkumar RathiDirector30 Jan 20188 Years 8 MonthsCurrent
Satyanarayan Gopilal KabraManaging Director01 Jul 200818 Years 3 MonthsCurrent
Jyoti KabraDirector11 May 20179 Years 5 MonthsCurrent
Meena Shreenarayan AgrawalDirector29 Jun 20206 Years 3 MonthsCurrent
Surendra Shriram GuptaDirector28 Apr 20251 Years 6 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Plastiblends India Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Envalior India Private Limited₹1,212.91 Cr (FY 2025)8.0%Pune, Maharashtra, India
Snf(India) Private Limited₹972.75 Cr (FY 2025)4.0%Visakhapatnam, Andhra Pradesh, India
Hyundai Engineering Plastics India Private Limited₹870.06 Cr (FY 2025)2.0%Thiruvallur, Tamil Nadu, India
Plastiblends India Limitedthis company₹788.66 Cr (FY 2026)₹33.28 Cr4.2%1.1%513Mumbai, Maharashtra, India
Caprihans India Limited₹767.56 Cr (FY 2025)6.0%Khed, Maharashtra, India
Mitsui Prime Advanced Composites India Private Limited₹721.29 Cr (FY 2025)-6.0%Neemrana, Rajasthan, India
Appl Industries Limited₹681.68 Cr (FY 2024)22.0%New Delhi, Delhi, India

To see the full peer comparison of Plastiblends India Limited, buy the company report.

Auditor

Plastiblends India Limited is audited by M/s. Kirtane & Pandit LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
M/s. Kirtane & Pandit LLPFY 2025105215W/W100057

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 62.80%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 37.00%.

Promoters: 62.80%FII (Foreign Institutional): 0.20%Retail & Others: 37.00%
Sep 2026
QUARTER
62.80% Promoters
0.20% FII (Foreign Institutional)
37.00% Retail & Others
Promoter holding - history
Now 62.80% · Sep 2026High 62.80% · Dec 2025Low 62.80% · Dec 2025
61%61.8%62.5%63.3%64%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 62.80%Mar 2026: 62.80%Jun 2026: 62.80%Sep 2026: 62.80%62.80%62.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters62.80%62.80%62.80%62.80%
Public37.20%37.20%37.20%37.20%

Charges & borrowings

Open charges
₹103.6 Cr
Satisfied charges
₹242.2 Cr
Breakdown by lending institutions
Citi Bank N.A.₹40.00 Cr
Hdfc Bank Limited₹23.60 Cr
Others₹20.00 Cr
The Hong Kong and Shanghai Banking Corporation Limited₹20.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Apr 2026101293298Others₹10 CrOpen
30 Jun 2021100455606Citi Bank N.A.₹40 CrOpen
18 Feb 201410483552Others₹10 CrOpen
12 Dec 201210392170The Hong Kong and Shanghai Banking Corporation Limited₹20 CrOpen
20 Apr 200480014638Hdfc Bank Limited₹23.6 CrOpen

To see the full charge records of Plastiblends India Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Plastiblends India Limited has 16 deals on record (16 market trades); the latest was in September 2024.

Total deals
16
Market trades
16

Deals on record (5 of 16)

WhenDealAmountParties
Sep 2024Market trade₹7.58 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Aug 2024Market trade₹5.45 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Sep 2019Market trade₹15.77 CrBuyer: 3 individuals
Seller: Kolsite Corporation LLP
Sep 2019Market trade₹15.17 CrBuyer: an individual
Seller: Kolsite Corporation LLP
Apr 2016Market trade₹4.54 CrBuyer: Kolsite Corporation LLP
Seller: Kabra Extrusion Technik Ltd

To see the full deal history of Plastiblends India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Plastiblends India Limited was last rated by Crisil on 31 Mar 2020.

Rating agencyRated onRating
Crisil31 Mar 2020

To see the full credit ratings and regulatory alerts of Plastiblends India Limited, buy the company report.

MSME payment delays

Plastiblends India Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 23 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Thar Shipping Lines LLP

To see the full MSME payment records of Plastiblends India Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Plastiblends India Limited has a workforce of 513 employees on its EPFO records as of Oct 11, 2025, across 3 active EPFO establishments.

Employee count
513
Active EPFO establishments
3
Employee growth
2.6%

GST

Plastiblends India has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
7
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACP6287B1ZGMaharashtraActive01 Jul 2017
27AAACP6287B3ZEMaharashtraActive01 Feb 2025
05AAACP6287B1ZMUttarakhandActive01 Jul 2017
24AAACP6287B1ZMGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Plastiblends India Limited, buy the company report.

Recent activity

Plastiblends India Limited has 30 board changes on record since 1991: 19 appointments and 11 cessations. The latest: Bajrang Lal Bagra ceased to be Director on 26 Aug 2025.

Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101293298 was registered on 29 Apr 2026.
Filing
Plastiblends India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Ceased
Bajrang Lal Bagra ceased to be Director.
Ceased
Shreevallabh Kabra ceased to be Director.
AGM
Plastiblends India Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records.
Appointed
Surendra Shriram Gupta was appointed as Director.
Ceased
Pushapraj Singhvi ceased to be Director.
Ceased
Sudarshan Krishnarao Parab ceased to be Director.
Appointed
Dharmendra Kantilal Gandhi was appointed as Director.
Charges
A charge with Others of Rs. 10.00 Cr registered on 18 Feb 2014 with Charge ID 10483552 was modified on 30 May 2024.
Charges
A charge with Citi Bank N.A. of Rs. 40.00 Cr registered on 30 Jun 2021 with Charge ID 100455606 was modified on 25 Jul 2022.
Charges
A charge registered on 18 Dec 2011 via Charge ID 10324162 with Dbs Bank Ltd was fully satisfied on 26 Oct 2021.

53 earlier events are in the company report.

News

PLASTIBLEN: Q2 REVENUE 2.3B RUPEES VS 1.9B (YOY)
12 Oct 2026 · Exchange Update
PLASTIBLEN: Q2 SL NET PROFIT 107M RUPEES VS 74M (YOY)
12 Oct 2026 · Exchange Update
PLASTIBLEN: Q2 EBITDA 161M RUPEES VS 109M (YOY), Q2 EBITDA MARGIN 7.05% VS 5.64% (YOY)
12 Oct 2026 · Exchange Update

Frequently asked questions

Plastiblends India is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 22 January 1991 (35+ years old) and is registered under CIN L25200MH1991PLC059943. Listed on BSE: 523648 and NSE: PLASTIBLEN.

Plastiblends India reported revenue of ₹788.66 Cr for FY 2025-26 (up 1.1% YoY) based on standalone financials.

Plastiblends India has 7 current directors:

The latest financial statements of Plastiblends India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Plastiblends India is 27AAACP6287B1ZG, registered in Maharashtra. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACP6287B3ZE (Maharashtra), 05AAACP6287B1ZM (Uttarakhand), 24AAACP6287B1ZM (Gujarat).

The CIN (Corporate Identification Number) of Plastiblends India is L25200MH1991PLC059943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Plastiblends India is a listed company as per MCA records. Its shares are listed on both BSE (code: 523648) and NSE (symbol: PLASTIBLEN).

Plastiblends India has 57 court cases on record: 44 filed by the company and 13 filed against it. 12 are pending. Most are in the district courts.

Plastiblends India was incorporated on 22 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.

Plastiblends India has 16 deals on record (16 market trades); the latest was in September 2024.

The peers of Plastiblends India by revenue are Envalior India Private Limited, Snf(India) Private Limited, Hyundai Engineering Plastics India Private Limited, Caprihans India Limited, Mitsui Prime Advanced Composites India Private Limited and 1 more, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Bajrang Lal Bagra ceased to be Director on 26 Aug 2025. Shreevallabh Kabra ceased to be Director on 25 Jul 2025. Surendra Shriram Gupta was appointed as Director on 28 Apr 2025. Plastiblends India has 30 board changes on record in total.