Plasweave Private Limited - packaging in Shencottah, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U25209TN1983PTC009889 Incorporated 05 March 1983 ROC Chennai HQ Shencottah, Tamil Nadu, India
Active Private Limited Company packaging MSME · Small
Data last updated
Revenue · FY 2024
₹76.21 Lakh
▼ 83% YoY
Net profit · FY 2024
₹17.61 Lakh
Net margin 23.1%
EBITDA · FY 2024
₹17.95 Lakh
EBITDA margin 23.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹49 Lakh
Issued & subscribed
Satisfied charges
₹36.17 Cr
No open charges
Company age
43 yrs
Est. 1983
Employees · EPFO
25
Provident fund records

About Plasweave Private Limited

Data last updated:

Plasweave Private Limited is a private limited company based in Shencottah, Tamil Nadu, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 05 March 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN1983PTC009889. Its GSTIN is 33AAACP9719Q1ZT (Tamil Nadu).

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors Subramani Raman and Eswaran Subrmani.

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 9 Tenkasi Roadshencottah 627809 Shencottah 627809, Tamil Nadu, India – 627809.

As per the financials filed for FY 2024, the company reported a revenue of ₹76.21 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹17.61 Lakh (net margin 23.1%) and EBITDA of ₹17.95 Lakh (EBITDA margin 23.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 53% over five years.

The company has about 25 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹36.17 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

Plasweave Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-18-0008929). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U25209TN1983PTC009889
Registration Number 009889
Incorporation Date 05 March 1983
ROC Chennai
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-TN-18-0008929

Recognitions & Rankings of Plasweave

MSME (Udyam registered) Ministry of MSME
Category
Small (2020-21)
Udyam number
UDYAM-TN-18-0008929

Contact details

Plasweave Private Limited's registered office is in Shencottah, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    9 Tenkasi Roadshencottah 627809 Shencottah 627809, Tamil Nadu, India – 627809
  • Industry
    Packaging, Woven Packaging Products

To see the full contact details of Plasweave Private Limited, buy the company report.

Comprehensive company report
Plasweave Private 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 Plasweave 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 Plasweave Private Limited, buy the company report.

Financials of Plasweave Private Limited

FY 2025 filings available

Plasweave Private Limited reported revenue of ₹76.21 Lakh (down 83% YoY) for FY 2024.

Revenue · FY 2024
₹76.21 Lakh ▼ 83%
Net profit · FY 2024
₹17.61 Lakh margin 23.1%
EBITDA · FY 2024
₹17.95 Lakh margin 23.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 7%
5 years · compounded
▼ 53%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 37%
5 years · compounded
▼ 32%

Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 83% fall in the latest year. EBITDA fell 56% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹17.95 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.61 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin23.6%
Net Profit Margin23.1%
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 Plasweave Private Limited, buy the company report.

Board of directors of Plasweave Private Limited

Plasweave has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Subramani RamanDirector05 Mar 198343 Years 7 MonthsCurrent
Eswaran SubrmaniDirector22 Nov 20214 Years 11 MonthsCurrent

Auditor

Plasweave Private Limited is audited by A R VISWANATHAN & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
A R VISWANATHAN & COFY 2020004765S

Shareholding

The shareholding of Plasweave Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Plasweave Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹36.17 Cr
Breakdown by lending institutions
City Union Bank Limited₹16.39 Cr
Others₹6.73 Cr
Axis Bank Limited₹5.00 Cr
State Bank of India₹4.08 Cr
Sbi Factors and Commercial Services Private Limited₹1.67 Cr
Others₹2.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Mar 2021100449638City Union Bank Limited₹84 LakhSatisfied
02 Jul 2020100365378City Union Bank Limited₹1.55 CrSatisfied
05 Sep 2019100291544City Union Bank Limited₹8 CrSatisfied
30 Dec 201510621081Others₹6.73 CrSatisfied
15 Apr 201510564379City Union Bank Limited₹1 CrSatisfied

To see the full charge records of Plasweave Private Limited, buy the company report.

Total charge records: 21 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Plasweave Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Plasweave Private Limited has a workforce of 25 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
25
Active EPFO establishments
1
Employee growth
13.64%

GST

Plasweave has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACP9719Q1ZTTamil NaduActive01 Jul 2017

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

Recent activity

Plasweave Private Limited has 6 board changes on record since 1983: 2 appointments and 4 cessations. The latest: Raman Siddarth ceased to be Director on 01 Dec 2021.

AGM
Plasweave Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Plasweave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 03 Mar 2021 via Charge ID 100449638 with City Union Bank Limited was fully satisfied on 07 Aug 2023.
Charges
A charge registered on 02 Jul 2020 via Charge ID 100365378 with City Union Bank Limited was fully satisfied on 07 Aug 2023.
Charges
A charge registered on 05 Sep 2019 via Charge ID 100291544 with City Union Bank Limited was fully satisfied on 07 Aug 2023.
Ceased
Raman Siddarth ceased to be Director.
Appointed
Eswaran Subrmani was appointed as Director.
Charges
A charge with City Union Bank Limited of Rs. 84.00 Lakh registered on 03 Mar 2021 with Charge ID 100449638 was modified on 10 Mar 2021.
Charges
A charge with City Union Bank Limited amounted to Rs. 84.00 Lakh with Charge ID 100449638 was registered on 03 Mar 2021.
Charges
A charge with City Union Bank Limited of Rs. 155.00 Lakh registered on 02 Jul 2020 with Charge ID 100365378 was modified on 22 Jul 2020.
Charges
A charge with City Union Bank Limited amounted to Rs. 155.00 Lakh with Charge ID 100365378 was registered on 02 Jul 2020.
Charges
A charge with City Union Bank Limited of Rs. 800.00 Lakh registered on 05 Sep 2019 with Charge ID 100291544 was modified on 21 Nov 2019.

48 earlier events are in the company report.

Frequently asked questions

Plasweave is an active private limited company based in Shencottah, Tamil Nadu, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 05 March 1983 (43+ years old) and is registered under CIN U25209TN1983PTC009889.

Plasweave has 2 current directors:

The latest financial statements of Plasweave 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 Plasweave is 33AAACP9719Q1ZT, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Plasweave is U25209TN1983PTC009889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Plasweave has 3 court cases on record: 3 filed by the company.

Plasweave was incorporated on 05 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chennai.

Raman Siddarth ceased to be Director on 01 Dec 2021. Eswaran Subrmani was appointed as Director on 22 Nov 2021. Eswaran Subrmani ceased to be Whole-Time Director on 01 Apr 2018. Plasweave has 6 board changes on record in total.

Yes, Plasweave is registered as a small enterprise under Udyam registration (number: UDYAM-TN-18-0008929).

The registered office of Plasweave is at 9 Tenkasi Roadshencottah 627809 Shencottah 627809, Tamil Nadu, India – 627809.