About Promact Plastics Limited
Data last updated: 13 July 2026
Promact Plastics Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in agricultural products distribution, a part of the broader agriculture sector. Incorporated on 26 March 1985, the company has been in operation for over 41 years.
Registered with ROC Ahmedabad under CIN L25200GJ1985PLC007746. Listed on BSE: 526494.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.51 Cr. Formerly known as Promact Plastics Private Limited and Promact Plastics Ltd. It is led by directors including Akash Dharmendrakumar Patel and Ankit Jayantibhai Patel.
Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹16.14 Lakh, a decline of 82.35% compared to the previous year. Total assets are valued at ₹6.88 Cr (down 2.45% YoY).
The company is associated with 2 brands - Promact Impex Ltd, Promact Plastics. As per MCA filings, the company has open charges of ₹7.21 Cr and satisfied charges of ₹38.53 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promactimpex.com.
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Registered Address12Th Floor – 1201 City Center – 2 B/S Heer Party Plot Nr. Shukan Mall Cross Road Science City, Road Sola, Ahmedabad, Gujarat, India – 380060
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IndustryAgriculture, Agro Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Promact Plastics Limited
Promact Plastics Limited has undergone 3 name changes throughout its history. The company was previously known as Promact Plastics Private Limited, Promact Plastics Ltd, and Promact Plastics Limited. The current legal name is Promact Plastics Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Promact Plastics Limited | Current |
| Promact Plastics Private Limited | Previous |
| Promact Plastics Ltd | Previous |
Associated Brands with Promact Plastics Limited
Promact Plastics Limited operates two associated brands: Promact Impex Ltd and Promact Plastics. These brands represent Promact Plastics Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supply of gypsum and industrial products in India. | promactimpex.com | |
| Laminated and unlaminated HDPE/PP woven fabrics are manufactured. | promactplastics.com |
Business Activity of Promact Plastics Limited
Promact Plastics Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Promact Plastics Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Promact Plastics Limited
Promact Plastics Limited is audited by Fenil P Shah and Associates (ICAI peer reviewed, certificate valid till 2028-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Fenil P Shah and Associates (ICAI peer reviewed, certificate valid till 2028-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Promact Plastics Limited
Promact Plastics Limited is currently managed by 4 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Akash Dharmendrakumar Patel
Also directs:
Ornate Pharma Pvt Ltd
|
Director | 23 Sep 2017 | 8 Years 11 Months | Current |
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Ankit Jayantibhai Patel
Also directs:
Ornate Pharma Pvt Ltd, Prabhu Ispat Private Limited
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Managing Director | 29 May 2010 | 16 Years 3 Months | Current |
|
Nikita Jayantilal Patel
Also directs:
Prabhu Ispat Private Limited
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Director | 29 May 2010 | 16 Years 3 Months | Current |
| Krunalkumar Prahladbhai Patel | Director | 01 Sep 2024 | 1 Years 11 Months | Current |
Financials of Promact Plastics Limited FY 2026 filings available
Promact Plastics Limited reported revenue of ₹16.14 Lakh (down 82.35% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹16.14 Lakh | ₹91.43 Lakh | ₹1.78 Cr | ₹1.59 Cr | ₹7.34 Lakh | ₹27.25 Lakh | ₹16.48 Cr | ₹31.51 Cr |
| Other Income | ₹1.34 Lakh | ₹20,000 | ₹50,000 | ₹87,000 | ₹85,000 | ₹78,000 | ₹9.34 Lakh | ₹14.66 Lakh |
| Total Income | ₹17.48 Lakh | ₹91.63 Lakh | ₹1.78 Cr | ₹1.6 Cr | ₹8.19 Lakh | ₹28.03 Lakh | ₹16.57 Cr | ₹31.66 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹15.37 Cr | ₹29.33 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹9.04 Lakh | ₹8.51 Lakh | ₹11.94 Lakh | ₹8.56 Lakh | ₹8.29 Lakh | ₹8.87 Lakh | ₹8.87 Lakh | ₹8.03 Lakh |
| Finance Costs | ₹43.99 Lakh | ₹42.2 Lakh | ₹52.73 Lakh | ₹61.99 Lakh | ₹65.02 Lakh | ₹66.32 Lakh | ₹62.93 Lakh | ₹94.36 Lakh |
| Depreciation & Amortisation | ₹6.53 Lakh | ₹6.52 Lakh | ₹6.52 Lakh | ₹6.52 Lakh | ₹6.52 Lakh | ₹6.6 Lakh | ₹6.41 Lakh | ₹6.38 Lakh |
| Other Expenses | ₹30.34 Lakh | ₹19.8 Lakh | ₹14.31 Lakh | ₹27.42 Lakh | ₹47.18 Lakh | ₹11.59 Lakh | ₹17.52 Lakh | ₹17.93 Lakh |
| Total Expenses | ₹89.9 Lakh | ₹77.03 Lakh | ₹85.5 Lakh | ₹1.04 Cr | ₹1.27 Cr | ₹93.38 Lakh | ₹16.32 Cr | ₹30.6 Cr |
| Profit Before Exceptional Items & Tax | -₹72.42 Lakh | ₹14.6 Lakh | ₹92.92 Lakh | ₹55.29 Lakh | -₹1.19 Cr | -₹65.35 Lakh | ₹24.72 Lakh | ₹1.07 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹26.84 Lakh | ₹0 | ₹2 Lakh | ₹1.17 Lakh |
| Profit Before Tax | -₹72.42 Lakh | ₹14.6 Lakh | ₹92.92 Lakh | ₹55.29 Lakh | -₹1.46 Cr | -₹65.35 Lakh | ₹26.72 Lakh | ₹1.08 Cr |
| Total Tax Expense | ₹0 | ₹2.04 Lakh | ₹2.85 Lakh | ₹3.25 Lakh | ₹0 | ₹0 | ₹2.45 Lakh | ₹10 Lakh |
| Net Profit | -₹72.42 Lakh | ₹12.56 Lakh | ₹90.07 Lakh | ₹52.04 Lakh | -₹1.46 Cr | -₹65.35 Lakh | ₹24.27 Lakh | ₹97.77 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹72.42 Lakh | ₹12.56 Lakh | ₹90.07 Lakh | ₹52.04 Lakh | -₹1.46 Cr | -₹65.35 Lakh | ₹24.27 Lakh | ₹97.77 Lakh |
| EBITDA (computed) | -₹21.9 Lakh | ₹63.32 Lakh | ₹1.52 Cr | ₹1.24 Cr | -₹47.28 Lakh | ₹7.57 Lakh | ₹94.06 Lakh | ₹2.07 Cr |
| Basic EPS | ₹-1.11 | ₹0.19 | ₹1.38 | ₹0.80 | ₹-2.24 | ₹-1.00 | ₹0.37 | ₹1.50 |
| Diluted EPS | ₹-1.11 | ₹0.19 | ₹1.38 | ₹0.80 | ₹-2.24 | ₹-1.00 | ₹0.37 | ₹1.50 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹6.88 Cr | ₹7.05 Cr | ₹7.17 Cr | ₹7.32 Cr | ₹7.4 Cr | ₹9.2 Cr | ₹9.81 Cr | ₹11.29 Cr |
| Non-current Assets | ₹1.76 Cr | ₹1.83 Cr | ₹1.93 Cr | ₹2.01 Cr | ₹2.2 Cr | ₹3.5 Cr | ₹3.86 Cr | ₹3.6 Cr |
| Current Assets | ₹5.12 Cr | ₹5.23 Cr | ₹5.24 Cr | ₹5.31 Cr | ₹5.21 Cr | ₹5.7 Cr | ₹5.95 Cr | ₹7.69 Cr |
| Property, Plant & Equipment | ₹41.44 Lakh | ₹47.53 Lakh | ₹54.05 Lakh | ₹62.28 Lakh | ₹68.8 Lakh | ₹1.92 Cr | ₹1.97 Cr | ₹2.03 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹4.56 Cr | ₹4.56 Cr | ₹4.56 Cr | ₹4.57 Cr | ₹4.57 Cr | ₹4.98 Cr | ₹5.27 Cr | ₹5.76 Cr |
| Cash & Equivalents | ₹10,000 | ₹15,000 | ₹32,000 | ₹75,000 | ₹97,000 | ₹1.1 Lakh | ₹98,000 | ₹80,000 |
| Equity (Net Worth) | -₹2.55 Cr | -₹1.83 Cr | -₹1.95 Cr | -₹2.85 Cr | -₹3.37 Cr | -₹1.92 Cr | -₹1.26 Cr | -₹1.51 Cr |
| Equity Share Capital | ₹6.51 Cr | ₹6.51 Cr | ₹6.51 Cr | ₹6.51 Cr | ₹6.51 Cr | ₹6.51 Cr | ₹6.51 Cr | ₹6.51 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹54.55 Lakh | ₹4.11 Cr | ₹4.16 Cr | ₹5.26 Cr | ₹5.97 Cr | ₹6.41 Cr | ₹6.16 Cr | ₹6.5 Cr |
| Total Debt (computed) | ₹54.55 Lakh | ₹4.11 Cr | ₹4.16 Cr | ₹5.26 Cr | ₹5.97 Cr | ₹6.41 Cr | ₹6.16 Cr | ₹6.5 Cr |
| Current Liabilities | ₹9.43 Cr | ₹8.88 Cr | ₹9.12 Cr | ₹10.17 Cr | ₹10.78 Cr | ₹11.12 Cr | ₹11.07 Cr | ₹9.37 Cr |
| Total Liabilities | ₹9.43 Cr | ₹8.88 Cr | ₹9.12 Cr | ₹10.17 Cr | ₹10.78 Cr | ₹11.12 Cr | ₹11.07 Cr | ₹12.8 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹4 Cr | ₹48.11 Lakh | ₹1.55 Cr | ₹1.44 Cr | -₹11.07 Lakh |
| Investing Cash Flow | ₹90,000 | ₹20,000 | ₹2.21 Lakh | ₹86,000 | ₹1.18 Cr |
| Financing Cash Flow | -₹4 Cr | -₹49.19 Lakh | -₹1.65 Cr | -₹1.37 Cr | -₹1.09 Cr |
| Capital Expenditure | ₹44,000 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹3.99 Cr | ₹48.11 Lakh | ₹1.55 Cr | ₹1.44 Cr | -₹11.07 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹7,000 | -₹88,000 | -₹7.9 Lakh | ₹7.67 Lakh | -₹1.97 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹55,000 | ₹8.13 Lakh | ₹7.46 Lakh | ₹33.67 Lakh | ₹33.54 Lakh | ₹17.4 Lakh | ₹6.83 Lakh |
| Other Income | ₹10,000 | ₹1.23 Lakh | ₹0 | ₹1,000 | ₹7,000 | ₹0 | ₹13,000 | ₹0 |
| Total Income | ₹10,000 | ₹1.78 Lakh | ₹8.13 Lakh | ₹7.47 Lakh | ₹33.74 Lakh | ₹33.54 Lakh | ₹17.53 Lakh | ₹6.83 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.24 Lakh | ₹2.33 Lakh | ₹2.23 Lakh | ₹2.24 Lakh | ₹1.86 Lakh | ₹1.88 Lakh | ₹1.78 Lakh | ₹2.99 Lakh |
| Finance Costs | ₹6.4 Lakh | ₹12.62 Lakh | ₹12.55 Lakh | ₹12.42 Lakh | ₹5.76 Lakh | ₹11.99 Lakh | ₹12.58 Lakh | ₹11.87 Lakh |
| Depreciation & Amortisation | ₹1.64 Lakh | ₹1.63 Lakh | ₹1.63 Lakh | ₹1.63 Lakh | ₹1.63 Lakh | ₹1.63 Lakh | ₹1.63 Lakh | ₹1.63 Lakh |
| Other Expenses | ₹14.6 Lakh | ₹6.5 Lakh | ₹3.53 Lakh | ₹5.71 Lakh | ₹6.47 Lakh | ₹2.87 Lakh | ₹4.88 Lakh | ₹5.59 Lakh |
| Total Expenses | ₹24.88 Lakh | ₹23.08 Lakh | ₹19.94 Lakh | ₹22 Lakh | ₹15.72 Lakh | ₹18.37 Lakh | ₹20.87 Lakh | ₹22.08 Lakh |
| Profit Before Exceptional Items & Tax | -₹24.78 Lakh | -₹21.3 Lakh | -₹11.81 Lakh | -₹14.53 Lakh | ₹18.02 Lakh | ₹15.17 Lakh | -₹3.34 Lakh | -₹15.25 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹24.78 Lakh | -₹21.3 Lakh | -₹11.81 Lakh | -₹14.53 Lakh | ₹18.02 Lakh | ₹15.17 Lakh | -₹3.34 Lakh | -₹15.25 Lakh |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.04 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹24.78 Lakh | -₹21.3 Lakh | -₹11.81 Lakh | -₹14.53 Lakh | ₹15.98 Lakh | ₹15.17 Lakh | -₹3.34 Lakh | -₹15.25 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹24.78 Lakh | -₹21.3 Lakh | -₹11.81 Lakh | -₹14.53 Lakh | ₹15.98 Lakh | ₹15.17 Lakh | -₹3.34 Lakh | -₹15.25 Lakh |
| EBITDA (computed) | -₹16.74 Lakh | -₹7.05 Lakh | ₹2.37 Lakh | -₹48,000 | ₹25.41 Lakh | ₹28.79 Lakh | ₹10.87 Lakh | -₹1.75 Lakh |
| Basic EPS | ₹-0.38 | ₹-0.33 | ₹-0.18 | ₹-0.22 | ₹0.25 | ₹0.23 | ₹-0.05 | ₹-0.23 |
| Diluted EPS | ₹-0.38 | ₹-0.33 | ₹-0.18 | ₹-0.22 | ₹0.25 | ₹0.23 | ₹-0.05 | ₹-0.23 |
Shareholding Pattern of Promact Plastics Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 39.43%, retail and other public shareholders hold 60.57% of Promact Plastics Limited. The company had 3,546 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 39.43% | 39.43% | 39.42% | 39.00% | 39.00% | 39.00% |
| Public | 60.57% | 60.57% | 60.58% | 61.00% | 61.00% | 61.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 39.43% | 39.00% | 39.00% |
| Public | 60.57% | 61.00% | 61.00% |
| Promoter change (YoY, %pts) | +0.43 | +0.00 | - |
Charges & Borrowings of Promact Plastics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2026 | Others | ₹2.71 Cr | Open |
| 18 May 2026 | Others | ₹4.5 Cr | Open |
| 25 Jun 2018 | Others | ₹7 Cr | Satisfied |
| 20 Jun 2018 | Others | ₹7 Cr | Satisfied |
| 02 Jun 2011 | The Mehsana Urban Cooperative Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Promact Plastics Limited
View historical data on people associated with Promact Plastics Limited, including employment history and EPFO contributions.
Employee and EPFO history for Promact Plastics Limited
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GST Compliance of Promact Plastics Limited
GST registrations and filing compliance for Promact Plastics Limited
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Credit Ratings, Litigation & Regulatory Alerts for Promact Plastics Limited
Credit ratings, litigation, and regulatory alerts for Promact Plastics Limited
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MSME Payment Delays by Promact Plastics Limited
MSME payment history for Promact Plastics Limited
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Subsidiaries & Group Companies of Promact Plastics Limited
Corporate group structure for Promact Plastics Limited
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MCA Filings & Documents of Promact Plastics Limited
MCA filings and documents for Promact Plastics Limited
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Recent Activity on Promact Plastics Limited
Frequently Asked Questions about Promact Plastics Limited
Promact Plastics Limited is an active public limited company in the agriculture sector based in Ahmedabad, Gujarat, India. It was incorporated on 26 March 1985 (41+ years old) and is registered under CIN L25200GJ1985PLC007746. Listed on BSE: 526494.
Promact Plastics Limited reported revenue of ₹16.14 Lakh for FY 2026 (down 82.35% YoY) based on standalone BSE filings.
The current directors of Promact Plastics Limited are:
- Akash Dharmendrakumar Patel - Director
- Ankit Jayantibhai Patel - Managing Director
- Nikita Jayantilal Patel - Director
- Krunalkumar Prahladbhai Patel - Director
The primary industry of Promact Plastics Limited is agriculture. The company specifically operates in agro retail and distribution. The company is currently active in this sector.
Yes. Promact Plastics Limited is listed on BSE with code 526494.
Promact Plastics Limited can be reached at the registered office: 12Th Floor – 1201 City Center – 2 BS Heer Party Plot Nr. Shukan Mall Cross Road Science City, Road Sola, Ahmedabad, Gujarat, India – 380060, or through the website promactimpex.com.