Plastosen Ltd
About Plastosen Ltd
Data last updated:
Plastosen Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 19 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25201WB1987PLC041918. Its GSTIN is 19AABCP8341H1Z9 (West Bengal).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.89 Cr. It is led by directors including Abhijit Sen and Umasankar Chatterjee.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 85 S.N.Banerjee Road, Kolkata, West Bengal, India – 700014.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.25 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Cr (net margin -12.2%) and EBITDA of -₹55.49 Lakh (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.7 Lakh and satisfied charges of ₹1.5 Cr on record. Court records list 20 cases involving the company, including 13 filed by the company and 7 filed against it; 4 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2016. Its 7 peer companies in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Jeevanlakshmi Packaging Solutions Private Limited with revenue of ₹8.79 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Plastosen has one previous CIN (Corporate Identification Number): U25201WB1987PTC041918. The current CIN is U25201WB1987PLC041918, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25201WB1987PLC041918 | Current |
| U25201WB1987PTC041918 | Previous |
Contact details
Plastosen Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address85 S.N.Banerjee Road, Kolkata, West Bengal, India – 700014
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Plastosen Ltd, buy the company report.
- 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
Business activity
The main business activity of Plastosen is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Plastosen Ltd, buy the company report.
Financials of Plastosen Ltd
FY 2018 filings availablePlastosen Ltd reported revenue of ₹8.25 Cr (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 20% fall in the latest year. EBITDA fell 210% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.25 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹55.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.01 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.7% | |||
| Net Profit Margin | -12.2% | |||
| 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 Plastosen Ltd, buy the company report.
Board of directors of Plastosen Ltd
Plastosen has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Sen | Director | 14 Oct 2014 | 12 Years 0 Months | Current |
| Sumit Chatterjee | Additional Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Umasankar Chatterjee | Director | 12 May 2008 | 18 Years 5 Months | Current |
| Supratik Sen Barat Also directs: Sen Pet (India) Limited | Director | 12 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Plastosen Ltd is compared with the 7 companies closest to it by revenue in the Packaging industry (Bottles and Caps), 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 |
|---|---|---|---|---|---|---|
| Jeevanlakshmi Packaging Solutions Private Limited | ₹8.79 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Shandhi Global Exports Private Limited | ₹8.72 Cr (FY 2025) | 13.0% | Thrissur, Kerala, India | |||
| Delco Technosoft Private Limited | ₹8.63 Cr (FY 2025) | 60.0% | Delhi, India | |||
| Durga Polyplast Private Limited | ₹8.29 Cr (FY 2025) | -7.0% | Delhi, India | |||
| Plastosen Ltdthis company | ₹8.25 Cr (FY 2018) | -₹1.01 Cr | -12.2% | -20.0% | 39 | Kolkata, West Bengal, India |
| Campet Bottles Private Limited | ₹8.23 Cr (FY 2025) | 86.0% | Nashik, Maharashtra, India | |||
| Perfect Plastic Products Private Limited | ₹8.2 Cr (FY 2025) | -10.0% | Thirumazhisai-602 107, Tamil Nadu, India | |||
| Shiva Bottles Private Limited | ₹7.93 Cr (FY 2020) | 19.0% | Kamrup, Assam, India |
To see the full peer comparison of Plastosen Ltd, buy the company report.
Auditor
Plastosen Ltd is audited by N CHATTERJEE & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N CHATTERJEE & ASSOCIATES | FY 2018 | 317106E |
Shareholding
The shareholding of Plastosen Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Plastosen Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2017 | 100106118 | Hdfc Bank Limited | ₹6.76 Lakh | Open | |
| 31 May 2017 | 100105174 | Hdfc Bank Limited | ₹3.94 Lakh | Open | |
| 13 Jan 1996 | 80033364 | Asset Reconstruction Company (India) Limited | ₹12 Lakh | Open | |
| 22 Aug 1997 | 80010574 | West Bengal Industrial Development Corporation Ltd | ₹1.5 Cr | Satisfied |
To see the full charge records of Plastosen Ltd, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Plastosen Ltd has 2 deals on record (2 secondary share transfers); the latest was in January 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Plastosen Ltd has 20 court cases on record: 13 filed by Plastosen, 7 filed against it. 4 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 3 | 0 |
| District courts | 5 | 4 | 4 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by The South Indian Bank Limited | Pending |
| High Court, West Bengal | Court case (CO) | Filed against the company by M/S Sen Holdings Pvt Ltd Satabdi Dutta | Disposed |
| High Court | Writ petition | Filed by the company against The South Indian Bank Ltd. | Disposed |
| Calcutta High Court | Court case (CO) | Filed by the company against Uti Bank Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against Pamir International Limited | Disposed |
To see the full case history of Plastosen Ltd, 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 Plastosen Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plastosen Ltd has a workforce of 39 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Plastosen has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP8341H1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plastosen Ltd, buy the company report.
Recent activity
Plastosen Ltd has 9 board changes on record since 2008: 4 appointments and 5 cessations. The latest: Sumit Chatterjee was appointed as Additional Director on 01 Apr 2019.
6 earlier events are in the company report.
Frequently asked questions
Plastosen is an active public limited company based in Kolkata, West Bengal, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 19 February 1987 (39+ years old) and is registered under CIN U25201WB1987PLC041918.
Plastosen has 4 current directors:
- Abhijit Sen - Director
- Sumit Chatterjee - Additional Director
- Umasankar Chatterjee - Director
- Supratik Sen Barat - Director
The latest financial statements of Plastosen on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Plastosen is 19AABCP8341H1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Plastosen is U25201WB1987PLC041918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plastosen has 20 court cases on record: 13 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Plastosen was incorporated on 19 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Plastosen has 2 deals on record (2 secondary share transfers); the latest was in January 2016.
The peers of Plastosen by revenue are Jeevanlakshmi Packaging Solutions Private Limited, Shandhi Global Exports Private Limited, Delco Technosoft Private Limited, Durga Polyplast Private Limited, Campet Bottles Private Limited and 2 more, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sumit Chatterjee was appointed as Additional Director on 01 Apr 2019. Umasankar Chatterjee ceased to be Director on 01 Apr 2019. Sumit Chatterjee ceased to be Director on 12 Nov 2014. Plastosen has 9 board changes on record in total.
The registered office of Plastosen is at 85 S.N.Banerjee Road, Kolkata, West Bengal, India – 700014.
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