MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-26-0000089
Saral Plastics Private Limited
Saral Plastics Private Limited - manufacturing in Sabarkantha, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.25 Cr
▼ 20% YoY
Net loss · FY 2025
₹4.05 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹38.51 Lakh
EBITDA margin 4.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹32.3 Lakh
Issued & subscribed
Open charges
₹4.26 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings
About Saral Plastics Private Limited
Data last updated:
Saral Plastics Private Limited is a private limited company based in Sabarkantha, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 03 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1988PTC011060. Its GSTIN is 24AADCS0480N1Z8 (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹32.3 Lakh. It is led by directors Shrutesh Thakorbhai Desai and Sanjay Dineshchandra Shah.
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 131 Panch Kuhada Ahmedabad Highway Dhansura Arivali Panchkuhada, Sabarkantha, Gujarat, India – 383310.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.25 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹4.05 Lakh (net margin -0.4%) and EBITDA of ₹38.51 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹4.26 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Saral Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-26-0000089). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25209GJ1988PTC011060
Registration Number 011060
Incorporation Date 03 August 1988
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-26-0000089
Recognitions & Rankings of Saral Plastics
Contact details
Saral Plastics Private Limited's registered office is in Sabarkantha, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address131 Panch Kuhada Ahmedabad Highway Dhansura Arivali Panchkuhada, Sabarkantha, Gujarat, India – 383310
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Saral Plastics Private Limited, buy the company report.
Comprehensive company report
Saral Plastics 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 Saral Plastics 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 Saral Plastics Private Limited, buy the company report.
Financials of Saral Plastics Private Limited
FY 2025 filings availableSaral Plastics Private Limited reported revenue of ₹9.25 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹9.25 Cr ▼ 20%
Net loss · FY 2025
₹4.05 Lakh margin -0.4%
EBITDA · FY 2025
₹38.51 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 36%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 15%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 20% fall in the latest year. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹38.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.05 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | -0.4% | ||||
| 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 Saral Plastics Private Limited, buy the company report.
Board of directors of Saral Plastics Private Limited
Saral Plastics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrutesh Thakorbhai Desai | Director | 03 Aug 1988 | 38 Years 3 Months | Current |
| Sanjay Dineshchandra Shah | Director | 03 Aug 1988 | 38 Years 3 Months | Current |
Peer comparison
Saral Plastics Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Oneness Polychem India Private Limited | ₹9.3 Cr (FY 2024) | -32.0% | Wardha, Maharashtra, India | |||
| Agro Hardware Industries Private Limited | ₹9.28 Cr (FY 2025) | 6.0% | Amritsar, Punjab, India | |||
| Unipet Industries Private Limited | ₹9.27 Cr (FY 2021) | 40.0% | Pune, Maharashtra, India | |||
| Astroforme India Private Limited | ₹9.26 Cr (FY 2024) | -1.0% | Thane, Maharashtra, India | |||
| Rajkamal Poly Print Private Limited | ₹9.25 Cr (FY 2024) | -5.0% | Rajkot, Gujarat, India | |||
| Saral Plastics Private Limitedthis company | ₹9.25 Cr (FY 2025) | -₹4.05 Lakh | -0.4% | -20.0% | Sabarkantha, Gujarat, India | |
| Pearl Polyplast Private Limited | ₹9.24 Cr (FY 2025) | 25.0% | Indore, Madhya Pradesh, India | |||
| Max Indo Private Limited | ₹9.23 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Kinugawa Rubber India Private Limited | ₹9.22 Cr (FY 2025) | 3.0% | Sriperumbudur, Tamil Nadu, India | |||
| Ramdev Agro Poly Packs Private Limited | ₹9.2 Cr (FY 2025) | 2629721.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Saral Plastics Private Limited, buy the company report.
Auditor
Saral Plastics Private Limited is audited by Dalal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dalal & Associates | FY 2023 | 114379W |
Shareholding
The shareholding of Saral 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 Saral Plastics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2020 | 100395995 | Others | ₹14.58 Lakh | Open | |
| 06 Feb 2015 | 10549939 | Others | ₹2.7 Cr | Open | |
| 04 Apr 2013 | 10424798 | Axis Bank Limited | ₹11.63 Lakh | Open | |
| 17 May 1997 | 90385424 | Corporation Bank | ₹50 Lakh | Open | |
| 05 Oct 1994 | 90385403 | Corporation Bank | ₹40 Lakh | Open |
To see the full charge records of Saral Plastics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saral Plastics Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Surya Exim Ltd | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax 4 | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Arti Chemical Industries Through Nainesh P. Shah | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Saral 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 Saral Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saral Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0480N1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saral Plastics Private Limited, buy the company report.
Recent activity
Saral Plastics Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Ranjana Shrutesh Desai ceased to be Director on 25 Feb 2020.
AGM
Saral Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saral Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 2.70 Cr registered on 06 Feb 2015 with Charge ID 10549939 was modified on 29 Oct 2020.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100395995 was registered on 10 Sep 2020.
Ceased
Ranjana Shrutesh Desai ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.70 Cr with Charge ID 10549939 was registered on 06 Feb 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.12 Cr with Charge ID 10424798 was registered on 04 Apr 2013.
Charges
A charge with Corporation Bank of Rs. 0.40 Cr registered on 05 Oct 1994 with Charge ID 90385403 was modified on 18 May 2001.
Charges
A charge with Corporation Bank amounted to Rs. 0.50 Cr with Charge ID 90385424 was registered on 17 May 1997.
Charges
A charge with Corporation Bank of Rs. 0.40 Cr registered on 03 Oct 1994 with Charge ID 90385402 was modified on 22 Apr 1996.
Charges
A charge with Corporation Bank amounted to Rs. 0.40 Cr with Charge ID 90385403 was registered on 05 Oct 1994.
Charges
A charge with Corporation Bank amounted to Rs. 0.40 Cr with Charge ID 90385402 was registered on 03 Oct 1994.
3 earlier events are in the company report.
Frequently asked questions
Saral Plastics is an active private limited company based in Sabarkantha, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 03 August 1988 (38+ years old) and is registered under CIN U25209GJ1988PTC011060.
Saral Plastics has 2 current directors:
- Shrutesh Thakorbhai Desai - Director
- Sanjay Dineshchandra Shah - Director
The latest financial statements of Saral Plastics 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 Saral Plastics is 24AADCS0480N1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Saral Plastics is U25209GJ1988PTC011060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saral Plastics has 5 court cases on record: 5 filed against it. Most are in the high courts.
Saral Plastics was incorporated on 03 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saral Plastics by revenue are Oneness Polychem India Private Limited, Agro Hardware Industries Private Limited, Unipet Industries Private Limited, Astroforme India Private Limited, Rajkamal Poly Print Private Limited and 4 more, 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).
Ranjana Shrutesh Desai ceased to be Director on 25 Feb 2020. Sanjay Dineshchandra Shah was appointed as Director on 03 Aug 1988. Shrutesh Thakorbhai Desai was appointed as Director on 03 Aug 1988.
Yes, Saral Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-26-0000089).
The registered office of Saral Plastics is at 131 Panch Kuhada Ahmedabad Highway Dhansura Arivali Panchkuhada, Sabarkantha, Gujarat, India – 383310.
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