About Sheth Pet and Polymers Private Limited
Data last updated:
Sheth Pet and Polymers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 16 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28992MH1996PTC099561. Its GSTIN is 27AABCS4075P1ZT (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.04 Lakh. It is led by directors including Jignesh Bapulal Sheth and Virendra Bapulal Sheth.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.78 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 6.3%) and EBITDA of ₹2.52 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹6.09 Cr and satisfied charges of ₹5.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethpet.in.
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- Website
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- Registered AddressUnit No 510 B Wing Lodha Supremus II Road No 22 Wagle Industrial Estate Near Passport Of, Fice, Thane, Maharashtra, India – 400604
- IndustryManufacturing, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Sheth Pet and Polymers Private Limited
The main business activity of Sheth Pet and Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sheth Pet and Polymers Private Limited FY 2025 filings available
Sheth Pet and Polymers Private Limited reported revenue of ₹20.78 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sheth Pet and Polymers Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 2% 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 Sheth Pet and Polymers 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 | ₹2.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.31 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 of Sheth Pet and Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 Sheth Pet and Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Bapulal Sheth | Director | 29 Mar 1998 | 28 Years 6 Months | Current |
| Virendra Bapulal Sheth | Director | 16 May 1996 | 30 Years 5 Months | Current |
| Ghanshyam Bapulal Sheth | Director | 03 Sep 2001 | 25 Years 1 Months | Current |
Peer Comparison of Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Bottles and Caps, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sapphire Extrupack Private Limited | ₹21.09 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Delhi, India |
| JSB Polymers Private Limited | ₹21.09 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Pune, Maharashtra, India |
| H.R.M. Polyplast Private Limited | ₹21 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Barnala, Punjab, India |
| Paran Polymers Private Limited | ₹20.98 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
| Phaex Polymers Private Limited | ₹20.82 Cr (FY 2023) | •••• | •••• | 57.0% | •••• | Badlapur, Maharashtra, India |
| Sheth Pet and Polymers Private Limited this company | ₹20.78 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
| Eastcorp Polymers Private Limited | ₹20.78 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| Dipika Polymers Private Limited | ₹20.78 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kirti Nagar, Delhi, India |
| Gu Polymers (India) Private Limited | ₹20.64 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Delhi, India |
| Pinkcity Packaging Private Limited | ₹20.55 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Jaipur, Rajasthan, India |
| Himalayan Polypack Private Limited | ₹20.42 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sheth Pet and Polymers by revenue in the Packaging industry (Bottles and Caps, Polymers), 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 Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers Private Limited is audited by AMKS & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMKS & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sheth Pet and Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sheth Pet and Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2026 | Sidbi | ₹2.68 Cr | Open |
| 16 Jan 2025 | Others | ₹3.12 Cr | Open |
| 03 Aug 2023 | Others | ₹15 Lakh | Open |
| 17 Sep 1996 | State Bank of India | ₹14 Lakh | Open |
| 29 Nov 2017 | Others | ₹50 Lakh | Satisfied |
Total charge records: 13 View all charges
MSME Payment Delays by Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 11 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SL Corbox Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sheth Pet and Polymers Private Limited
Employment history and EPFO contributions of people linked to Sheth Pet and Polymers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Ghanshyam Bapulal Sheth was appointed as Director on 03 Sep 2001.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sheth Pet and Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sheth Pet and Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4075P1ZT | Maharashtra | Active | 01 Jul 2017 |
| 27AABCS4075P2ZS | Maharashtra | Active | 02 Jun 2025 |
| 24AABCS4075P1ZZ | Gujarat | Active | 30 May 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sheth Pet and Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sheth Pet and Polymers Private Limited
Sheth Pet and Polymers is an active private limited company based in Thane, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 16 May 1996 (30+ years old) and is registered under CIN U28992MH1996PTC099561.
Sheth Pet and Polymers reported revenue of ₹20.78 Cr for FY 2024 (down 6% YoY).
Sheth Pet and Polymers has 3 current directors:
- Jignesh Bapulal Sheth - Director
- Virendra Bapulal Sheth - Director
- Ghanshyam Bapulal Sheth - Director
Sheth Pet and Polymers reported a net profit of ₹1.31 Cr (net margin 6.3%) and EBITDA of ₹2.52 Cr (EBITDA margin 12.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sheth Pet and Polymers is 10% over three years and 6% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sheth Pet and Polymers is 27AABCS4075P1ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCS4075P2ZS (Maharashtra), 24AABCS4075P1ZZ (Gujarat).
The CIN (Corporate Identification Number) of Sheth Pet and Polymers is U28992MH1996PTC099561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Pet and Polymers was incorporated on 16 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sheth Pet and Polymers by revenue are Sapphire Extrupack Private Limited, JSB Polymers Private Limited, H.R.M. Polyplast Private Limited, Paran Polymers Private Limited, Phaex Polymers Private Limited and 5 more, all in the Packaging industry (Bottles and Caps, Polymers).
Ghanshyam Bapulal Sheth was appointed as Director on 03 Sep 2001. Jignesh Bapulal Sheth was appointed as Director on 29 Mar 1998. Virendra Bapulal Sheth was appointed as Director on 16 May 1996.
Sheth Pet and Polymers has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 11 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Nov 2019.
Sheth Pet and Polymers can be reached through the website shethpet.in. Its registered office is in Thane, Maharashtra, India.