About Precision Plastic Industries Private Limited
Data last updated:
Precision Plastic Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 25 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1995PTC090983. Its GSTIN is 27AABCP4753B1ZO (Maharashtra). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹1.44 Cr. It was formerly known as Precision Upvc Moulders Private Limited. It is led by directors including Ganga Kunal Kadakia and Nita Sunil Kadakia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹463.48 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹16.56 Cr (net margin 3.6%) and EBITDA of ₹30.87 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 16% over five years.
The company has about 732 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹108.5 Cr and satisfied charges of ₹23.39 Cr on record. Court records list 14 cases involving the company, including 13 filed by the company and 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 precisionpipes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No.19 Wing D 1st Flr. Nandjyot Ind. Estate Bldg. A.K. Rd. An, Dheri (E), Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Pipe & Tubes
- 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 Precision Plastic Industries Private Limited
The main business activity of Precision Plastic Industries 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 Precision Plastic Industries Private Limited FY 2025 filings available
Precision Plastic Industries Private Limited reported revenue of ₹463.48 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Precision Plastic Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 10% growth in the latest year. EBITDA rose 61% 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 Precision Plastic Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹30.87 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.56 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 of Precision Plastic Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Precision Plastic Industries 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 Precision Plastic Industries Private Limited
Precision Plastic Industries Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahesh Hardware & Pipes Private Limited | ₹512.03 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Scoda Tubes Limited | ₹488.85 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mehsana, Gujarat, India |
| Krishna Iron Strips and Tubes Pvt Ltd | ₹480.33 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Raipur, Chhattisgarh, India |
| Inframat Alloys Private Limited | ₹479.74 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bengaluru, Karnataka, India |
| Sun Mark Stainless Private Limited | ₹471.16 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Ahmedabad, Gujarat, India |
| Precision Plastic Industries Private Limited this company | ₹463.48 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Multimetals Limited | ₹461.7 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kotah, Rajasthan, India |
| Asian Mills Private Limited | ₹452.04 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Agarsen Rerollers Pvt Ltd | ₹451.83 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Raipur, Chhattisgarh, India |
| Hyundai Steel Pipe India Private Limited | ₹451.76 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Magnum Mi Steel Private Limited | ₹442.79 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Precision Plastic Industries by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Precision Plastic Industries Private Limited
Precision Plastic Industries Private Limited is audited by JAIN GANGWAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN GANGWAL & ASSOCIATES | 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 Precision Plastic Industries Private Limited
Precision Plastic Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganga Kunal Kadakia Also directs: Kadakia Global LLP | Director | 06 Jan 2006 | 20 Years 9 Months | Current |
| Nita Sunil Kadakia | Director | 06 Jan 2006 | 20 Years 9 Months | Current |
| Kunal Sunil Kadakia Also directs: Kadakia Global LLP | Director | 05 Apr 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Precision Plastic Industries 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 Precision Plastic Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2022 | Hdfc Bank Limited | ₹49.5 Cr | Open |
| 17 Nov 2009 | State Bank of India | ₹59 Cr | Open |
| 29 Sep 2018 | Others | ₹21.36 Lakh | Satisfied |
| 29 Sep 2018 | Others | ₹21.36 Lakh | Satisfied |
| 27 Jun 2018 | Axis Bank Limited | ₹29.3 Lakh | Satisfied |
Total charge records: 12 View all charges
Legal Cases of Precision Plastic Industries Private Limited
Precision Plastic Industries Private Limited has 14 court cases on record: 13 filed by Precision Plastic Industries, 1 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hapur, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against A Lala and Company | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Revathi Piping Solutions | Disposed |
Full case history
All 14 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.
MSME Payment Delays by Precision Plastic Industries Private Limited
Precision Plastic Industries Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 608 overdue payments to 51 micro and small suppliers. 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 (5 of 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prabhat Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shreeji Vending Services | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Precision Plastic Industries Private Limited
Precision Plastic Industries Private Limited has a workforce of 732 employees as of Mar 29, 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 Precision Plastic Industries Private Limited
Precision Plastic Industries Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Kunal Sunil Kadakia was appointed as Director on 05 Apr 2011.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precision Plastic Industries 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.
Subsidiaries & Group Companies of Precision Plastic Industries 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 Precision Plastic Industries Private Limited
Precision Plastic Industries has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4753B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 27AABCP4753B2ZN | Maharashtra | Active | 08 Jul 2017 |
| 29AABCP4753B2ZJ | Karnataka | Active | 01 Jul 2017 |
| 26AABCP4753B1ZQ | Daman & Diu | Active | 01 Aug 2020 |
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 Precision Plastic Industries 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 Precision Plastic Industries Private Limited
Precision Plastic Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 25 July 1995 (31+ years old) and is registered under CIN U99999MH1995PTC090983.
Precision Plastic Industries reported revenue of ₹463.48 Cr for FY 2025 (up 10% YoY).
Precision Plastic Industries has 3 current directors:
- Ganga Kunal Kadakia - Director
- Nita Sunil Kadakia - Director
- Kunal Sunil Kadakia - Director
Precision Plastic Industries reported a net profit of ₹16.56 Cr (net margin 3.6%) and EBITDA of ₹30.87 Cr (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precision Plastic Industries is 4% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precision Plastic Industries is 27AABCP4753B1ZO, registered in Maharashtra. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCP4753B2ZN (Maharashtra), 29AABCP4753B2ZJ (Karnataka), 26AABCP4753B1ZQ (Daman & Diu).
The CIN (Corporate Identification Number) of Precision Plastic Industries is U99999MH1995PTC090983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precision Plastic Industries has 14 court cases on record: 13 filed by the company and 1 filed against it. Most are in the district courts.
Precision Plastic Industries was incorporated on 25 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Precision Plastic Industries by revenue are Mahesh Hardware & Pipes Private Limited, Scoda Tubes Limited, Krishna Iron Strips and Tubes Pvt Ltd, Inframat Alloys Private Limited, Sun Mark Stainless Private Limited and 5 more, all in the Manufacturing industry (Pipes).
Kunal Sunil Kadakia was appointed as Director on 05 Apr 2011. Ganga Kunal Kadakia was appointed as Director on 06 Jan 2006. Nita Sunil Kadakia was appointed as Director on 06 Jan 2006.
Precision Plastic Industries has 9 MSME Form 1 returns on record between 2019 and 2022, listing 608 overdue payments to 51 micro and small suppliers. The latest return was filed on 21 Oct 2022.