Quality Plastofilms Private Limited

Quality Plastofilms Private Limited - manufacturing in Sinnar, Maharashtra, India. FY 2026 financials & compliance.
CIN U25200MH2015PTC260775 Incorporated 08 January 2015 ROC Mumbai HQ Sinnar, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹3.11 Cr
▲ 203% YoY
Net profit · FY 2023
₹2.3 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹31.42 Lakh
EBITDA margin 10.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1.88 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings

About Quality Plastofilms Private Limited

Data last updated:

Quality Plastofilms Private Limited is a private limited company based in Sinnar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 08 January 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2015PTC260775. Its GSTIN is 27AAACQ3692D1ZG (Maharashtra).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Ashok Patilbuwa Sadgir and Dattatray Ramkrushn Binnar.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sinnar, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.3 Lakh (net margin 0.7%) and EBITDA of ₹31.42 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 13% over five years.

As per MCA filings, the company has open charges of ₹1.88 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹24 Lakh; the latest was in January 2018. Its 10 peer companies in the Manufacturing industry (Plastic Based Products) are compared by revenue, 5 larger and 5 smaller; the largest is Suntech Fibre Equipments & Engineering Private Limited with revenue of ₹3.12 Cr.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Quality Plastofilms Private Limited
CIN U25200MH2015PTC260775
Registration Number 260775
Incorporation Date 08 January 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. B – 24 MIDC, Malegaon, Sinnar, Maharashtra, India – 422113
  • Industry
    Manufacturing, Plastic-Based Products
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Financials, compliance, directors, charges, ownership and filings for Quality Plastofilms Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Quality Plastofilms Private Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Quality Plastofilms Private Limited FY 2023 filings available

Quality Plastofilms Private Limited reported revenue of ₹3.11 Cr (up 203% YoY) for FY 2023.

Revenue · FY 2023
₹3.11 Cr ▲ 203%
Net profit · FY 2023
₹2.3 Lakh margin 0.7%
EBITDA · FY 2023
₹31.42 Lakh margin 10.1%

Compounded Annual Growth Rate (CAGR) of Quality Plastofilms Private Limited

Revenue CAGR growth
1 year
▲ 203%
3 years · compounded
▲ 42%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 3%
5 years · compounded
▼ 3%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 203% growth in the latest year. EBITDA rose 9% 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 Quality Plastofilms Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹3.11 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹31.42 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.3 Lakh••••••••••••••••
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 Quality Plastofilms Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin10.1%••••••••••••••••
Net Profit Margin0.7%••••••••••••••••
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 Quality Plastofilms are in the company report.

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Financial statements from 2015

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Peer Comparison of Quality Plastofilms Private Limited

Quality Plastofilms Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Suntech Fibre Equipments & Engineering Private Limited₹3.12 Cr (FY 2025)••••••••43.0%••••Ankleshwar, Gujarat, India
Mpki Packaging Private Limited₹3.12 Cr (FY 2024)••••••••38.0%••••Chennai City Corporation, Tamil Nadu, India
Viola Decoratives Private Limited₹3.12 Cr (FY 2024)••••••••-54.0%••••Kotputli, Rajasthan, India
Emi Kompozites Private Limited₹3.12 Cr (FY 2024)••••••••516.0%••••Vadodara, Gujarat, India
JPS Reinforced Pipes Private Limited₹3.11 Cr (FY 2017)••••••••-58.0%••••New Delhi, Delhi, India
Quality Plastofilms Private Limited this company₹3.11 Cr (FY 2023)••••••••203.0%••••Sinnar, Maharashtra, India
Manipal Plasto Private Limited₹3.11 Cr (FY 2025)••••••••10.0%••••Udupi, Karnataka, India
Akshay Flexi Hoses Private Limited₹3.11 Cr (FY 2024)••••••••15.0%••••Aurangabad, Maharashtra, India
Sri Balaji Plastic Molders (India) Private Limited₹3.11 Cr (FY 2025)••••••••-26.0%••••Hyderabad, Telangana, India
Jay Ess Saddles Private Limited₹3.09 Cr (FY 2025)••••••••86.0%••••Kanpur, Uttar Pradesh, India
Neatvin Enterprises Private Limited₹3.09 Cr (FY 2024)••••••••-35.0%••••Tuticorin, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Quality Plastofilms by revenue in the Manufacturing industry (Plastic Based Products), 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 Quality Plastofilms Private Limited

Quality Plastofilms Private Limited is audited by NATESH & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
NATESH & ASSOCIATESLockedLockedLocked
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Board of Directors of Quality Plastofilms Private Limited

Quality Plastofilms has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok Patilbuwa SadgirDirector30 Dec 20178 Years 9 MonthsCurrent
Dattatray Ramkrushn BinnarDirector08 Jan 201511 Years 9 MonthsCurrent
Rajesh Sudhakar NemadeDirector10 Jun 20224 Years 3 MonthsCurrent

Ownership and Shareholding of Quality Plastofilms Private Limited

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Charges & Borrowings of Quality Plastofilms Private Limited

Open charges
₹1.88 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.35 Cr
Others₹0.53 Cr
Latest charge details
DateLenderAmountStatus
19 Jan 2017State Bank of India₹1.35 CrOpen
23 Mar 2016Others₹53 LakhOpen

Total charge records: 2 View all charges

Deals & Funding of Quality Plastofilms Private Limited

Quality Plastofilms Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹24 Lakh; the latest was in January 2018.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹24 Lakh

Deals on record (3 of 4)

WhenDealAmountParties
Jan 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jul 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2015Funding round₹9 LakhInvestors: 3 individuals
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Employees and EPFO Compliance at Quality Plastofilms Private Limited

Employment history and EPFO contributions of people linked to Quality Plastofilms.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Quality Plastofilms Private Limited

Quality Plastofilms Private Limited has 11 board changes on record since 2015: 7 appointments and 4 cessations. The latest: Rupali Dattatraya Binnar ceased to be Director on 17 Jun 2022.

AGM
Quality Plastofilms Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Quality Plastofilms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Rupali Dattatraya Binnar ceased to be Director.
Appointed
Rajesh Sudhakar Nemade was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 1.35 Cr registered on 19 Jan 2017 with Charge ID 100103537 was modified on 13 Dec 2019.
Ceased
Dnyaneshwar Kale Popatrao ceased to be Director.
Appointed
Dnyaneshwar Kale Popatrao was appointed as Director.
Ceased
Sandip Narhari Patil ceased to be Director.
Appointed
Ashok Patilbuwa Sadgir was appointed as Director.
Appointed
Rupali Dattatraya Binnar was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 1.35 Cr with Charge ID 100103537 was registered on 19 Jan 2017.
Ceased
Jayanta Surendra Bairagi ceased to be Director.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Quality Plastofilms Private Limited

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MSME Payment Delays by Quality Plastofilms Private Limited

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Subsidiaries & Group Companies of Quality Plastofilms Private Limited

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GST Compliance of Quality Plastofilms Private Limited

Quality Plastofilms has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACQ3692D1ZGMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Quality Plastofilms Private Limited

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Frequently Asked Questions about Quality Plastofilms Private Limited

Quality Plastofilms is an active private limited company based in Sinnar, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 08 January 2015 (11+ years old) and is registered under CIN U25200MH2015PTC260775.

Quality Plastofilms reported revenue of ₹3.11 Cr for FY 2023 (up 203% YoY).

Quality Plastofilms has 3 current directors:

Quality Plastofilms reported a net profit of ₹2.3 Lakh (net margin 0.7%) and EBITDA of ₹31.42 Lakh (EBITDA margin 10.1%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Quality Plastofilms is 42% over three years and 13% over five years. In the latest year (FY 2023) revenue rose 203%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Quality Plastofilms is 27AAACQ3692D1ZG, registered in Maharashtra.

The CIN (Corporate Identification Number) of Quality Plastofilms is U25200MH2015PTC260775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Quality Plastofilms has 7 court cases on record: 7 filed against it. 3 are pending.

Quality Plastofilms was incorporated on 08 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Quality Plastofilms has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹24 Lakh; the latest was in January 2018.

The peers of Quality Plastofilms by revenue are Suntech Fibre Equipments & Engineering Private Limited, Mpki Packaging Private Limited, Viola Decoratives Private Limited, Emi Kompozites Private Limited, JPS Reinforced Pipes Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).

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