MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0005818
Shalin Composites (India) Private Limited - manufacturing in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.49 Cr
▲ 9% YoY
Net profit · FY 2024
₹98.37 Lakh
Net margin 21.9%
EBITDA · FY 2024
₹1.5 Cr
EBITDA margin 33.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹74 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Shalin Composites (India) Private Limited
Data last updated:
Shalin Composites (India) Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 14 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36101MH2011PTC212334. Its GSTIN is 27AAPCS2711N1ZW (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Dhanyakumar Bhau Patil and Parag Dhanyakumar Patil.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 4 Rajprabha Mohan Industrial Estate Building No. 5 'A' Wing Waliv Vasai, Palghar, Maharashtra, India – 401208.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.49 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹98.37 Lakh (net margin 21.9%) and EBITDA of ₹1.5 Cr (EBITDA margin 33.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹74 Lakh on record.
Shalin Composites (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0005818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shalincomposites.com.
Company Details of Shalin Composites (India) Private Limited
CIN U36101MH2011PTC212334
Registration Number 212334
Incorporation Date 14 January 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0005818
Recognitions & Rankings of Shalin Composites (India)
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 4 Rajprabha Mohan Industrial Estate Building No. 5 'A' Wing Waliv Vasai, Palghar, Maharashtra, India – 401208
- IndustryManufacturing, Plastic-Based Products
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Business Activity of Shalin Composites (India) Private Limited
The main business activity of Shalin Composites (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Shalin Composites (India) Private Limited FY 2025 filings available
Shalin Composites (India) Private Limited reported revenue of ₹4.49 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹4.49 Cr ▲ 9%
Net profit · FY 2024
₹98.37 Lakh margin 21.9%
EBITDA · FY 2024
₹1.5 Cr margin 33.4%
Compounded Annual Growth Rate (CAGR) of Shalin Composites (India) Private Limited
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 6%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 230%
3 years · compounded
▲ 82%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 9% growth in the latest year. EBITDA rose 230% 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 Shalin Composites (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹98.37 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 Shalin Composites (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.9% | •••• | •••• | •••• | •••• |
| 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 Shalin Composites (India) are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Shalin Composites (India) Private Limited
Shalin Composites (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanyakumar Bhau Patil | Director | 14 Jan 2011 | 15 Years 9 Months | Current |
| Parag Dhanyakumar Patil | Director | 14 Jan 2011 | 15 Years 9 Months | Current |
Peer Comparison of Shalin Composites (India) Private Limited
Shalin Composites (India) 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pooja Packwell (India) Private Limited. | ₹4.52 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Nagpur, Maharashtra, India |
| Gurukrupa Processed Foods Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Navi Mumbai, Maharashtra, India |
| Novel Technoplast Private Limited | ₹4.5 Cr (FY 2022) | •••• | •••• | -52.0% | •••• | New Delhi, Delhi, India |
| Intimate Multy Plast Private Limited | ₹4.49 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Ernakulam, Kerala, India |
| DNN Plastics Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Noida, Uttar Pradesh, India |
| Shalin Composites (India) Private Limited this company | ₹4.49 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Palghar, Maharashtra, India |
| Polycloud Industries Private Limited | ₹4.47 Cr (FY 2024) | •••• | •••• | •••• | Palladam, Tamil Nadu, India | |
| Ikon Innovative Products Private Limited | ₹4.47 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Ahmednagar, Maharashtra, India |
| Indoplast Private Limited | ₹4.47 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Himachal Pradesh, India |
| Duraca Plast Creation Private Limited | ₹4.46 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Gandhinagar, Gujarat, India |
| Fluorotech Tooling Private Limited | ₹4.46 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Shalin Composites (India) 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 Shalin Composites (India) Private Limited
Shalin Composites (India) Private Limited is audited by PIYUSH D ACHARYA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIYUSH D ACHARYA & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Shalin Composites (India) Private Limited
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Charges & Borrowings of Shalin Composites (India) Private Limited
Open charges
₹74 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2017 | State Bank of India | ₹74 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Shalin Composites (India) Private Limited
Employment history and EPFO contributions of people linked to Shalin Composites (India).
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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 Shalin Composites (India) Private Limited
Shalin Composites (India) Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Dhanyakumar Bhau Patil was appointed as Director on 14 Jan 2011.
AGM
Shalin Composites (India) Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Shalin Composites (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India amounted to Rs. 74.00 Lakh with Charge ID 100115052 was registered on 20 Mar 2017.
Appointed
Dhanyakumar Bhau Patil was appointed as Director.
Appointed
Parag Dhanyakumar Patil was appointed as Director.
Incorporation
14 Jan 2011
Shalin Composites (India) Private Limited was registered on 14 Jan 2011 with Roc Mumbai & aged 15 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Shalin Composites (India) Private Limited
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MSME Payment Delays by Shalin Composites (India) Private Limited
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Subsidiaries & Group Companies of Shalin Composites (India) Private Limited
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GST Compliance of Shalin Composites (India) Private Limited
Shalin Composites (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS2711N1ZW | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Shalin Composites (India) Private Limited
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Frequently Asked Questions about Shalin Composites (India) Private Limited
Shalin Composites (India) is an active private limited company based in Palghar, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 14 January 2011 (15+ years old) and is registered under CIN U36101MH2011PTC212334.
Shalin Composites (India) reported revenue of ₹4.49 Cr for FY 2024 (up 9% YoY).
Shalin Composites (India) has 2 current directors:
- Dhanyakumar Bhau Patil - Director
- Parag Dhanyakumar Patil - Director
Shalin Composites (India) reported a net profit of ₹98.37 Lakh (net margin 21.9%) and EBITDA of ₹1.5 Cr (EBITDA margin 33.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shalin Composites (India) is -6% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shalin Composites (India) is 27AAPCS2711N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shalin Composites (India) is U36101MH2011PTC212334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalin Composites (India) was incorporated on 14 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shalin Composites (India) by revenue are Pooja Packwell (India) Private Limited, Gurukrupa Processed Foods Private Limited, Novel Technoplast Private Limited, Intimate Multy Plast Private Limited, DNN Plastics Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Dhanyakumar Bhau Patil was appointed as Director on 14 Jan 2011. Parag Dhanyakumar Patil was appointed as Director on 14 Jan 2011.
Yes, Shalin Composites (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0005818).