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About Prashanthi Polymers (India) Private Limited
Data last updated:
Prashanthi Polymers (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical packaging solutions segment of the packaging sector. It was incorporated on 28 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2006PTC038851. Its GSTIN is 29AADCP8630M1ZV (Karnataka).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Yermal Raju Devraj (Managing Director) and Kripa Devraj.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 41 2nd Main Road 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.77 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹49.32 Lakh (net margin 6.3%) and EBITDA of ₹1.11 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prashanthi Polymers. As per MCA filings, the company has open charges of ₹2.94 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prashanthi.info.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 41 2nd Main Road 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryPackaging, Pharmaceutical Packaging Solutions
- 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 Prashanthi Polymers (India) Private Limited
The main business activity of Prashanthi Polymers (India) 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.
Financials of Prashanthi Polymers (India) Private Limited FY 2025 filings available
Prashanthi Polymers (India) Private Limited reported revenue of ₹7.77 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prashanthi Polymers (India) Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 10% 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 Prashanthi Polymers (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.32 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
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Financial Ratios of Prashanthi Polymers (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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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 Prashanthi Polymers (India) are in the company report.
Financial statements from 2015
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.
Peer Comparison of Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pharma Packaging, Plastic Based Products, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Five Roses Industries Private Limited | •••• | •••• | •••• | •••• | - | Nayaganj, Uttar Pradesh, India |
| Shri Narayani Packaging Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sayona Plastwood Private Limited | •••• | •••• | •••• | •••• | - | Morbi, Gujarat, India |
| Jay Shivansh Mirror Private Limited | •••• | •••• | •••• | •••• | - | Morbi, Gujarat, India |
| Vinayak Polyventures Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Prashanthi Polymers (India) Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Midnapur Plastic Industry Private Limited | •••• | •••• | •••• | •••• | 108 | Midnapore, West Bengal, India |
| Shakambari Polymers Private Limited | •••• | •••• | •••• | •••• | - | Nelamangala, Karnataka, India |
| Av Design Lab Private Limited | •••• | •••• | •••• | •••• | 24 | Mumbai, Maharashtra, India |
| Unipack Containers Private Limited | •••• | •••• | •••• | •••• | - | Kadavanthara Junction, Kerala, India |
| Navratan Polymers Private Limited | •••• | •••• | •••• | •••• | - | Medak, Telangana, India |
Peers are the five companies nearest above and the five nearest below Prashanthi Polymers (India) by revenue in the Manufacturing industry (Pharma Packaging, Plastic Based Products, Polymers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) Private Limited is audited by J MANJUNATHA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J MANJUNATHA & 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 Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yermal Raju Devraj | Managing Director | 28 Mar 2006 | 20 Years 6 Months | Current |
| Kripa Devraj | Director | 28 Mar 2006 | 20 Years 6 Months | Current |
Ownership and Shareholding of Prashanthi Polymers (India) 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 Prashanthi Polymers (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2023 | Indian Bank | ₹47 Lakh | Open |
| 26 Mar 2007 | State Bank of India | ₹2.47 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) operates one associated brand: Prashanthi Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of plastic moulded products for various applications in India. | prashanthi.info |
Employees and EPFO Compliance at Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) Private Limited has a workforce of 72 employees as of Mar 31, 2024.
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.
Recent Activity on Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Kripa Devraj was appointed as Director on 28 Mar 2006.
Credit Ratings, Litigation & Regulatory Alerts for Prashanthi Polymers (India) 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 Prashanthi Polymers (India) 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 Prashanthi Polymers (India) 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.
GST Compliance of Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP8630M1ZV | Karnataka | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Prashanthi Polymers (India) 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.
Frequently Asked Questions about Prashanthi Polymers (India) Private Limited
Prashanthi Polymers (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical packaging solutions, within the packaging industry. It was incorporated on 28 March 2006 (20+ years old) and is registered under CIN U25209KA2006PTC038851.
Prashanthi Polymers (India) reported revenue of ₹7.77 Cr for FY 2024 (down 8% YoY).
Prashanthi Polymers (India) has 2 current directors:
- Yermal Raju Devraj - Managing Director
- Kripa Devraj - Director
Prashanthi Polymers (India) reported a net profit of ₹49.32 Lakh (net margin 6.3%) and EBITDA of ₹1.11 Cr (EBITDA margin 14.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prashanthi Polymers (India) is 5% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prashanthi Polymers (India) is 29AADCP8630M1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Prashanthi Polymers (India) is U25209KA2006PTC038851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prashanthi Polymers (India) has 1 court case on record: 1 filed against it.
Prashanthi Polymers (India) was incorporated on 28 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prashanthi Polymers (India) by revenue are Five Roses Industries Private Limited, Shri Narayani Packaging Private Limited, Sayona Plastwood Private Limited, Jay Shivansh Mirror Private Limited, Vinayak Polyventures Private Limited and 5 more, all in the Manufacturing industry (Pharma Packaging, Plastic Based Products, Polymers).
Kripa Devraj was appointed as Director on 28 Mar 2006. Yermal Raju Devraj was appointed as Managing Director on 28 Mar 2006.