MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0355355
Shini Plastics Technologies (India) Private Limited - electrical in Khed, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.45 Cr
▲ 16% YoY
Net profit · FY 2025
₹2.88 Cr
Net margin 8.9%
EBITDA · FY 2025
₹5.75 Cr
EBITDA margin 17.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹37.75 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
84
Provident fund records
About Shini Plastics Technologies (India) Private Limited
Data last updated:
Shini Plastics Technologies (India) Private Limited is a private limited company based in Khed, Maharashtra, India, a subsidiary of Isp Holding Inc. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 21 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2009PTC233163. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors including Janardhan Narsimha Bhat (Managing Director) and Ai Cheng Wu.
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 Plot No. A – 46 MIDC Phase II Chakan, Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.45 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.88 Cr (net margin 8.9%) and EBITDA of ₹5.75 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.75 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Shini Plastics Technologies (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0355355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shini.com.
Company details
CIN U29253PN2009PTC233163
Registration Number 233163
Incorporation Date 21 May 2009
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Isp Holding Inc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0355355
CIN history
Shini Plastics Technologies (India) has one previous CIN (Corporate Identification Number): U29253MH2009PTC192522. The current CIN is U29253PN2009PTC233163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253PN2009PTC233163 | Current |
| U29253MH2009PTC192522 | Previous |
Recognitions & Rankings of Shini Plastics Technologies (India)
Contact details
Shini Plastics Technologies (India) Private Limited's registered office is in Khed, Maharashtra. Its website is shini.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. A – 46 MIDC Phase II Chakan, Khed, Maharashtra, India – 410501
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
To see the full contact details of Shini Plastics Technologies (India) Private Limited, buy the company report.
Comprehensive company report
Shini Plastics Technologies (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Shini Plastics Technologies (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Shini Plastics Technologies (India) Private Limited, buy the company report.
Financials of Shini Plastics Technologies (India) Private Limited
FY 2025 filings availableShini Plastics Technologies (India) Private Limited reported revenue of ₹32.45 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹32.45 Cr ▲ 16%
Net profit · FY 2025
₹2.88 Cr margin 8.9%
EBITDA · FY 2025
₹5.75 Cr margin 17.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 5%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA rose 27% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.88 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 8.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Shini Plastics Technologies (India) Private Limited, buy the company report.
Board of directors of Shini Plastics Technologies (India) Private Limited
Shini Plastics Technologies (India) has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ai Cheng Wu | Director | 18 Sep 2009 | 17 Years 1 Months | Current |
| Chung Den Wu | Director | 18 Sep 2009 | 17 Years 1 Months | Current |
| Janardhan Narsimha Bhat | Managing Director | 21 May 2009 | 17 Years 5 Months | Current |
| Nandkumar Ramkrishna Kushe Also directs: Omkar Sales Private Limited, Pratishna Technologies Private Limited, Unique Diecasting Products Private Limited and 4 more | Director | 21 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Shini Plastics Technologies (India) Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atc Ensys Private Limited | ₹32.63 Cr (FY 2025) | 63.0% | Pune, Maharashtra, India | |||
| Galvi Engineering Private Limited | ₹32.62 Cr (FY 2024) | 38.0% | Nahsik, Maharashtra, India | |||
| Onnyx Electronisys Private Limited | ₹32.48 Cr (FY 2025) | 39.0% | Delhi, India | |||
| Shini Plastics Technologies (India) Private Limitedthis company | ₹32.45 Cr (FY 2025) | ₹2.88 Cr | 8.9% | 16.0% | 84 | Khed, Maharashtra, India |
| Are Metal India Private Limited | ₹32.42 Cr (FY 2023) | 41.0% | Greater Noida, Uttar Pradesh, India | |||
| Iwi Cryogenic Vaporization Systems (India) Private Limited | ₹32.36 Cr (FY 2025) | 0.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Shini Plastics Technologies (India) Private Limited, buy the company report.
Auditor
Shini Plastics Technologies (India) Private Limited is audited by HARISH HEGDE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH HEGDE & CO. | FY 2023 | 128540W |
Shareholding
The shareholding of Shini Plastics Technologies (India) 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 Shini Plastics Technologies (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2025 | 101122518 | Hdfc Bank Limited | ₹37.75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Shini Plastics Technologies (India) Private Limited has 1 court case on record: 1 filed by Shini Plastics Technologies (India). All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Shini Plastics Technologies (India) 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
Shini Plastics Technologies (India) Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 21 overdue payments to 9 micro and small suppliers. 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Adinath Industries | |||
| Meteors Transmissions LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shini Plastics Technologies (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shini Plastics Technologies (India) Private Limited has a workforce of 84 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
84
Active EPFO establishments
1
Employee growth
10.53%
GST
Shini Plastics Technologies (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
3
Cancelled / inactive
3
To see the full GST registrations and return filing status of Shini Plastics Technologies (India) Private Limited, buy the company report.
Recent activity
Shini Plastics Technologies (India) Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Janardhan Narsimha Bhat ceased to be Director on 10 Dec 2024.
AGM
Shini Plastics Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 101122518 was registered on 23 Apr 2025.
Filing
Shini Plastics Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Janardhan Narsimha Bhat ceased to be Director.
Ceased
Chun Jui Wu ceased to be Director.
Ceased
I Fun Wu ceased to be Director.
Ceased
Win Hsing Wu Chen ceased to be Director.
Ceased
Ai Cheng Wu ceased to be Additional Director.
Ceased
Chien Chou Wu ceased to be Additional Director.
Ceased
Chung Den Wu ceased to be Additional Director.
Appointed
Ai Cheng Wu was appointed as Director.
Appointed
Chung Den Wu was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Shini Plastics Technologies (India) is an active private limited company based in Khed, Maharashtra, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 21 May 2009 (17+ years old) and is registered under CIN U29253PN2009PTC233163.
Shini Plastics Technologies (India) has 4 current directors:
- Janardhan Narsimha Bhat - Managing Director
- Ai Cheng Wu - Director
- Chung Den Wu - Director
- Nandkumar Ramkrishna Kushe - Director
The latest financial statements of Shini Plastics Technologies (India) 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.
No. Shini Plastics Technologies (India) has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Shini Plastics Technologies (India) is U29253PN2009PTC233163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shini Plastics Technologies (India) has 1 court case on record: 1 filed by the company.
Shini Plastics Technologies (India) was incorporated on 21 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Shini Plastics Technologies (India) by revenue are Atc Ensys Private Limited, Galvi Engineering Private Limited, Onnyx Electronisys Private Limited, Are Metal India Private Limited, Iwi Cryogenic Vaporization Systems (India) Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Janardhan Narsimha Bhat ceased to be Director on 10 Dec 2024. Chun Jui Wu ceased to be Director on 15 Apr 2019. I Fun Wu ceased to be Director on 15 Apr 2019. Shini Plastics Technologies (India) has 11 board changes on record in total.
Yes, Shini Plastics Technologies (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0355355).
Shini Plastics Technologies (India) has 7 MSME Form 1 returns on record between 2020 and 2023, listing 21 overdue payments to 9 micro and small suppliers. The latest return was filed on 23 Dec 2023.
Shini Plastics Technologies (India) can be reached through the website shini.com. Its registered office is in Khed, Maharashtra, India.