Positive Associate Private Limited
About Positive Associate Private Limited
Data last updated:
Positive Associate Private Limited is a private limited company based in Jamshedpur, Jharkhand, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 03 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27200JH2018PTC012226. Its GSTIN is 20AAKCP2304H1ZY (Jharkhand).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.19 Lakh. It is led by directors Akanksha Jha and Prem Kumar Jha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Bina Jha Plot No – 302 Jhumka Tolla Moharada Near Madhya Vidyalaya Hurlung, Jamshedpur, Jharkhand, India – 831004.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.31 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Lakh (net margin 0.5%) and EBITDA of ₹10.19 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 92% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85 Lakh on record.
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- Registered AddressC/O Bina Jha Plot No – 302 Jhumka Tolla Moharada Near Madhya Vidyalaya Hurlung, Jamshedpur, Jharkhand, India – 831004
- IndustryManufacturing, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Positive Associate Private Limited
The main business activity of Positive Associate is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Positive Associate Private Limited
Positive Associate Private Limited is audited by HSBC & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HSBC & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Positive Associate Private Limited
Positive Associate has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akanksha Jha | Director | 17 Feb 2025 | 1 Years 7 Months | Current |
| Prem Kumar Jha | Director | 09 Dec 2020 | 5 Years 9 Months | Current |
Financials of Positive Associate Private Limited FY 2024 filings available
Positive Associate Private Limited reported revenue of ₹4.31 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Positive Associate Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 92% over five years, including 69% growth in the latest year. EBITDA rose 18% 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 of Positive Associate Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.29 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Positive Associate Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
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| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Positive Associate are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Positive Associate Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Positive Associate Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2025 | Others | ₹85 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Positive Associate Private Limited
Positive Associate Private Limited has a workforce of 13 employees as of Sep 25, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Positive Associate Private Limited
Positive Associate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAKCP2304H1ZY | Jharkhand | Active | 01 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Positive Associate Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Positive Associate Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Positive Associate Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Positive Associate Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Positive Associate Private Limited
Frequently Asked Questions about Positive Associate Private Limited
Positive Associate is an active private limited company based in Jamshedpur, Jharkhand, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 03 December 2018 (8+ years old) and is registered under CIN U27200JH2018PTC012226.
Positive Associate reported revenue of ₹4.31 Cr for FY 2024 (up 69% YoY).
Positive Associate has 2 current directors:
- Akanksha Jha - Director
- Prem Kumar Jha - Director
Positive Associate reported a net profit of ₹2.29 Lakh (net margin 0.5%) and EBITDA of ₹10.19 Lakh (EBITDA margin 2.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Positive Associate is 30% over three years and 92% over five years. In the latest year (FY 2024) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Positive Associate is 20AAKCP2304H1ZY, registered in Jharkhand.
The CIN (Corporate Identification Number) of Positive Associate is U27200JH2018PTC012226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Positive Associate was incorporated on 03 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ranchi.
The registered office of Positive Associate is at CO Bina Jha Plot No – 302 Jhumka Tolla Moharada Near Madhya Vidyalaya Hurlung, Jamshedpur, Jharkhand, India – 831004.