Ratna Plastics Private Limited
About Ratna Plastics Private Limited
Data last updated:
Ratna Plastics Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U02520TZ1993PTC004661.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Thangavel Raajasekar and Rajasekar Rajalakshmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 43/ 46 Salem Industrial Co Opestate Limited Udayappatti, Tamil Nadu, India – 636140.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.23 Lakh. For the same year it recorded a net profit of ₹6,854 (net margin 5.6%) and EBITDA of ₹9,965 (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹45 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ratna Plastics Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43/ 46 Salem Industrial Co Opestate Limited Udayappatti, Tamil Nadu, India – 636140
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Ratna Plastics 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
Financials of Ratna Plastics Private Limited
FY 2024 filings availableRatna Plastics Private Limited reported revenue of ₹1.23 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9,965 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6,854 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ratna Plastics Private Limited, buy the company report.
Board of directors of Ratna Plastics Private Limited
Ratna Plastics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thangavel Raajasekar Also directs: Thirumurugan Weaving Mills Private Limited | Director | 30 Dec 2002 | 23 Years 10 Months | Current |
| Rajasekar Rajalakshmi Also directs: Thirumurugan Weaving Mills Private Limited | Director | 30 Dec 2002 | 23 Years 10 Months | Current |
Peer comparison
Ratna Plastics Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grand Plastics Pvt Ltd | ₹1.27 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| At Global Plastic Private Limited | ₹1.27 Lakh (FY 2024) | -95.0% | Pune, Maharashtra, India | |||
| Ratna Plastics Private Limitedthis company | ₹1.23 Lakh (FY 2024) | ₹6,854 | 5.6% | Salem, Tamil Nadu, India | ||
| Nice Polymers Private Limited | ₹1.2 Lakh (FY 2024) | Chilakaluripet, Andhra Pradesh, India |
To see the full peer comparison of Ratna Plastics Private Limited, buy the company report.
Auditor
Ratna Plastics Private Limited is audited by NELSON & JAGANATHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NELSON & JAGANATHAN | FY 2023 | 005801S |
Shareholding
The shareholding of Ratna Plastics 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 Ratna Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100553504 | Axis Bank Limited | ₹3.75 Cr | Open | |
| 04 Nov 2004 | 90004494 | Uco Bank | ₹45 Lakh | Satisfied |
To see the full charge records of Ratna Plastics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ratna Plastics Private Limited has 1 court case on record: 1 filed by Ratna Plastics. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Andhra Pradesh Eastern Power Distribution Corporation Limited | Pending |
To see the full case history of Ratna Plastics 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
No delayed payments to MSME suppliers are on our record for Ratna Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ratna Plastics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ratna Plastics Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Rajasekar Rajalakshmi was appointed as Director on 30 Dec 2002.
Frequently asked questions
Ratna Plastics is an active private limited company based in Salem, Tamil Nadu, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 21 October 1993 (33+ years old) and is registered under CIN U02520TZ1993PTC004661.
Ratna Plastics has 2 current directors:
- Thangavel Raajasekar - Director
- Rajasekar Rajalakshmi - Director
The latest financial statements of Ratna Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ratna Plastics is U02520TZ1993PTC004661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratna Plastics has 1 court case on record: 1 filed by the company. 1 is pending.
Ratna Plastics was incorporated on 21 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Ratna Plastics by revenue are Grand Plastics Pvt Ltd, At Global Plastic Private Limited, Nice Polymers Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Rajasekar Rajalakshmi was appointed as Director on 30 Dec 2002. Thangavel Raajasekar was appointed as Director on 30 Dec 2002.
The registered office of Ratna Plastics is at 43 46 Salem Industrial Co Opestate Limited Udayappatti, Tamil Nadu, India – 636140.
Ratna Plastics operates in the manufacturing industry, in the plastic-based products segment.
Ratna Plastics has open charges of ₹3.75 Cr and satisfied charges of ₹45 Lakh as per latest MCA filings.
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