PVC Converters India Private Limited

PVC Converters India Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24116MH2000PTC129988 Incorporated 12 December 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2025
₹178.45 Cr
▼ 5% YoY
Net profit · FY 2025
₹4.62 Cr
Net margin 2.6%
EBITDA · FY 2025
₹9.38 Cr
EBITDA margin 5.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹88.78 Lakh
Issued & subscribed
Open charges
₹66.59 Cr
Satisfied ₹33.33 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
333
Provident fund records

About PVC Converters India Private Limited

Data last updated:

PVC Converters India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 12 December 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24116MH2000PTC129988. Its GSTIN is 27AACCP0941L3ZA (Maharashtra). The company holds 5 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹88.78 Lakh. It is led by directors including Homiyar Tehmurush Bhumgar and Ava Ajai Verma.

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 7 – B Trust House 7th Floor 35 Hospital Avenue Dr. E. Borges Road, Mumbai, Maharashtra, India – 400012.

As per the financials filed for FY 2025, the company reported a revenue of ₹178.45 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.62 Cr (net margin 2.6%) and EBITDA of ₹9.38 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.

The company has about 333 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹66.59 Cr and satisfied charges of ₹33.33 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.43 Cr; the latest was in March 2022. Its 3 peer companies in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Tapadia Polyesters Private Limited with revenue of ₹192.3 Cr. The company has 8 MSME Form 1 returns on record between 2022 and 2023, listing 414 overdue payments to 36 micro and small suppliers.

PVC Converters India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000099). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pvcconverters.in.

Company details

CIN U24116MH2000PTC129988
Registration Number 129988
Incorporation Date 12 December 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0000099
Key People
Homiyar Tehmurush Bhumgar Director Ava Ajai Verma Director Raoul Ajai Verma Director

Recognitions & Rankings of PVC Converters India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0000099

Contact details

PVC Converters India Private Limited's registered office is in Mumbai, Maharashtra. Its website is pvcconverters.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pvcconverters.in
  • Registered Address
    7 – B Trust House 7th Floor 35 Hospital Avenue Dr. E. Borges Road, Mumbai, Maharashtra, India – 400012
  • Industry
    Packaging, Packaging Films & Foils

To see the full contact details of PVC Converters India Private Limited, buy the company report.

Comprehensive company report
PVC Converters India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of PVC Converters India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of PVC Converters India Private Limited, buy the company report.

Financials of PVC Converters India Private Limited

FY 2025 filings available

PVC Converters India Private Limited reported revenue of ₹178.45 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹178.45 Cr ▼ 5%
Net profit · FY 2025
₹4.62 Cr margin 2.6%
EBITDA · FY 2025
₹9.38 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 11%
5 years · compounded
▼ 7%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 6% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹9.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.62 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.3%
Net Profit Margin2.6%
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

To see the full financial statements and ratios of PVC Converters India Private Limited, buy the company report.

Board of directors of PVC Converters India Private Limited

PVC Converters India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Homiyar Tehmurush BhumgarDirector15 Dec 200025 Years 10 MonthsCurrent
Ava Ajai Verma
Also directs: Starlite Printers LLP, Star Industries LLP, Mangaldas N Verma Private Limited and 1 more
Director12 Apr 20179 Years 6 MonthsCurrent
Raoul Ajai Verma
Also directs: Starlite Printers LLP, Star Industries LLP, Thor Polymers Private Limited
Director01 Sep 201214 Years 2 MonthsCurrent
Shekhar Dipak ThakkarDirector11 Apr 20251 Years 7 MonthsCurrent
View all directors

Peer comparison

PVC Converters India Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tapadia Polyesters Private Limited₹192.3 Cr (FY 2025)28.0%Nagpur, Maharashtra, India
PVC Converters India Private Limitedthis company₹178.45 Cr (FY 2025)₹4.62 Cr2.6%-5.0%333Mumbai, Maharashtra, India
Flexi Caps & Polymers Private Limited₹176.39 Cr (FY 2025)-2.0%Indore, Madhya Pradesh, India
Ino-Flex Private Limited₹169.31 Cr (FY 2025)19.0%Indore, Madhya Pradesh, India

To see the full peer comparison of PVC Converters India Private Limited, buy the company report.

Auditor

PVC Converters India Private Limited is audited by Patkar & Pendse for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Patkar & PendseFY 2023107824W

Shareholding

The shareholding of PVC Converters India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of PVC Converters India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹66.59 Cr
Satisfied charges
₹33.33 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹66.59 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Nov 2022100646648Hdfc Bank Limited₹12 LakhOpen
05 Mar 2018100160907Hdfc Bank Limited₹33.53 CrOpen
24 Oct 2017100132542Hdfc Bank Limited₹32.95 CrOpen
19 Nov 200190237463Indian Overseas Bank₹33.33 CrSatisfied

To see the full charge records of PVC Converters India Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

PVC Converters India Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.43 Cr; the latest was in March 2022.

Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹2.43 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2017Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals
Feb 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2015Secondary share transferUndisclosedBuyer: an individual
Seller: Rishav Accumulation Trust, an individual

To see the full deal history of PVC Converters India Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

PVC Converters India Private Limited has 8 MSME Form 1 returns on record between 2022 and 2023, listing 414 overdue payments to 36 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 36)

SupplierAmount dueDue sinceReported on
Geetangali Paper Product
an individual supplier
Sujas Leather Cloth Manufacturing Company Private Limited
Raveshia Colours Private Limited
Excel Tubes & Cones

To see the full MSME payment records of PVC Converters India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

PVC Converters India Private Limited has a workforce of 333 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
333
Active EPFO establishments
1
Employee growth
-2.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27333
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 PVC Converters India Private Limited, buy the company report.

GST

PVC Converters India has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AACCP0941L3ZAMaharashtraActive08 Oct 2021
26AACCP0941L1ZEDadra and Nagar Haveli and Daman and DiuActive01 Aug 2020

To see the full GST registrations and return filing status of PVC Converters India Private Limited, buy the company report.

Recent activity

PVC Converters India Private Limited has 8 board changes on record since 2000: 4 appointments and 4 cessations. The latest: Shekhar Dipak Thakkar ceased to be Additional Director on 29 Sep 2025.

AGM
Pvc Converters India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shekhar Dipak Thakkar ceased to be Additional Director.
Appointed
Shekhar Dipak Thakkar was appointed as Director.
Filing
Pvc Converters India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Homiyar Tehmurush Bhumgar ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100646648 was registered on 02 Nov 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 33.53 Cr registered on 05 Mar 2018 with Charge ID 100160907 was modified on 03 Dec 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 32.95 Cr registered on 24 Oct 2017 with Charge ID 100132542 was modified on 11 Nov 2020.
Charges
A charge registered on 19 Nov 2001 via Charge ID 90237463 with Indian Overseas Bank was fully satisfied on 28 May 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 33.53 Cr with Charge ID 100160907 was registered on 05 Mar 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.95 Cr with Charge ID 100132542 was registered on 24 Oct 2017.
Ceased
Ava Ajai Verma ceased to be Additional Director.

7 earlier events are in the company report.

Frequently asked questions

PVC Converters India is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 12 December 2000 (26+ years old) and is registered under CIN U24116MH2000PTC129988.

PVC Converters India has 4 current directors:

The latest financial statements of PVC Converters India 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 PVC Converters India is 27AACCP0941L3ZA, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 26AACCP0941L1ZE (Dadra and Nagar Haveli and Daman and Diu).

The CIN (Corporate Identification Number) of PVC Converters India is U24116MH2000PTC129988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

PVC Converters India has 2 court cases on record: 2 filed by the company. Most are in the district courts.

PVC Converters India was incorporated on 12 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.

PVC Converters India has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.43 Cr; the latest was in March 2022.

The peers of PVC Converters India by revenue are Tapadia Polyesters Private Limited, Flexi Caps & Polymers Private Limited, Ino-Flex Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Shekhar Dipak Thakkar ceased to be Additional Director on 29 Sep 2025. Shekhar Dipak Thakkar was appointed as Director on 11 Apr 2025. Homiyar Tehmurush Bhumgar ceased to be Director on 31 Mar 2025. PVC Converters India has 8 board changes on record in total.

Yes, PVC Converters India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0000099).

PVC Converters India has 8 MSME Form 1 returns on record between 2022 and 2023, listing 414 overdue payments to 36 micro and small suppliers. The latest return was filed on 07 Nov 2023.