About Precision Plastic Industries Private Limited
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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 790 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.
Company details
Contact details
Precision Plastic Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is precisionpipes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Precision Plastic Industries Private Limited, 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 Precision Plastic Industries 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 Precision Plastic Industries Private Limited, buy the company report.
Financials of Precision Plastic Industries Private Limited
FY 2025 filings availablePrecision Plastic Industries Private Limited reported revenue of ₹463.48 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹30.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Precision Plastic Industries Private Limited, buy the company report.
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 10 Months | Current |
| Nita Sunil Kadakia | Director | 06 Jan 2006 | 20 Years 10 Months | Current |
| Kunal Sunil Kadakia Also directs: Kadakia Global LLP | Director | 05 Apr 2011 | 15 Years 7 Months | Current |
Auditor
Precision Plastic Industries Private Limited is audited by JAIN GANGWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN GANGWAL & ASSOCIATES | FY 2023 | 0114382W |
Shareholding
The shareholding of Precision Plastic Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precision Plastic Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2022 | 100555286 | Hdfc Bank Limited | ₹49.5 Cr | Open | |
| 17 Nov 2009 | 10192370 | State Bank of India | ₹59 Cr | Open | |
| 29 Sep 2018 | 100260615 | Others | ₹21.36 Lakh | Satisfied | |
| 29 Sep 2018 | 100351167 | Others | ₹21.36 Lakh | Satisfied | |
| 27 Jun 2018 | 100254802 | Axis Bank Limited | ₹29.3 Lakh | Satisfied |
To see the full charge records of Precision Plastic Industries Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
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.
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, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Dhruthi Infra Projects Ltd. and 1 other | Disposed |
| District court, Hapur, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against A Lala and Company and Ors. and 2 others | Disposed |
| High Court, MAHARASHTRA | 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 M/S. Sri Raja Rajeshwari Agencies | Disposed |
| District court, Shahdara, Delhi | Commercial suit | Filed by the company against Vedika Enterprises Through Its Proprietor Sanjay Maheshwari | Disposed |
To see the full case history of Precision Plastic Industries Private Limited, 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
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 |
To see the full MSME payment records of Precision Plastic Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Precision Plastic Industries Private Limited has a workforce of 790 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 790 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Precision Plastic Industries Private Limited, buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Precision Plastic Industries Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Ganga Kunal Kadakia - Director
- Nita Sunil Kadakia - Director
- Kunal Sunil Kadakia - Director
The latest financial statements of Precision Plastic Industries 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 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.
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.
Precision Plastic Industries can be reached through the website precisionpipes.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Precision Plastic Industries is at Office No.19 Wing D 1st Flr. Nandjyot Ind. Estate Bldg. A.K. Rd. An, Dheri E, Mumbai, Maharashtra, India – 400072.
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