MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-02-0001156
Silverstar Plastics Ltd
Silverstar Plastics Ltd - manufacturing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.41 Cr
▼ 27% YoY
Net loss · FY 2025
₹34.41 Lakh
Net margin -14.3%
EBITDA · FY 2025
-₹16.18 Lakh
EBITDA margin -6.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.44 Cr
Issued & subscribed
Open charges
₹54 Lakh
Satisfied ₹97.1 Lakh
Company age
40 yrs
Est. 1986
Employees · EPFO
7
Provident fund records
About Silverstar Plastics Ltd
Data last updated:
Silverstar Plastics Ltd is a public limited company based in Ernakulam, Kerala, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 29 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25209KL1986PLC004548. Its GSTIN is 32AADCS3345Q1Z3 (Kerala).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.44 Cr. It is led by directors including Thonikkalluputhenpurayil Alikunju Vavamaitheen (Whole-Time Director) and Abdul Rahman (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 48 Development Plotangamaly South Amgamaly, Ernakulam, Kerala, India – 683573.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.41 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹34.41 Lakh (net margin -14.3%) and EBITDA of -₹16.18 Lakh (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹54 Lakh and satisfied charges of ₹97.1 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company; 5 cases are pending.
Silverstar Plastics Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0001156). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25209KL1986PLC004548
Registration Number 004548
Incorporation Date 29 August 1986
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0001156
Key People
Thonikkalluputhenpurayil Alikunju Vavamaitheen Whole-Time Director Abdul Rahman Whole-Time Director Jameela Alikunju Whole-Time Director Recognitions & Rankings of Silverstar Plastics
Contact details
Silverstar Plastics Ltd's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 48 Development Plotangamaly South Amgamaly, Ernakulam, Kerala, India – 683573
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Silverstar Plastics Ltd, buy the company report.
Comprehensive company report
Silverstar Plastics Ltd - 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 Silverstar 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 Silverstar Plastics Ltd, buy the company report.
Financials of Silverstar Plastics Ltd
FY 2025 filings availableSilverstar Plastics Ltd reported revenue of ₹2.41 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹2.41 Cr ▼ 27%
Net loss · FY 2025
₹34.41 Lakh margin -14.3%
EBITDA · FY 2025
-₹16.18 Lakh margin -6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 18%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 793%
3 years · compounded
▼ 47%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 27% fall in the latest year. EBITDA fell 793% 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.41 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -6.7% | ||||
| Net Profit Margin | -14.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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To see the full financial statements and ratios of Silverstar Plastics Ltd, buy the company report.
Board of directors of Silverstar Plastics Ltd
Silverstar Plastics has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jabin Babu Alikunju | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
| Palakkat Hamza | Director | 09 Jun 1996 | 30 Years 4 Months | Current |
| Thonikkalluputhenpurayil Alikunju Vavamaitheen Also directs: Camber Holidayz Private Limited | Whole-Time Director | 12 Feb 1987 | 39 Years 8 Months | Current |
| Abdul Rahman | Whole-Time Director | 10 Jun 1995 | 31 Years 4 Months | Current |
| Jameela Alikunju | Whole-Time Director | 29 Aug 1986 | 40 Years 1 Months | Current |
Peer comparison
Silverstar Plastics Ltd is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Marayur Polyforms Private Limited | ₹2.42 Cr (FY 2025) | -30.0% | Palakkad, Kerala, India | |||
| Ayp Plast Private Limited | ₹2.41 Cr (FY 2025) | 5475.0% | Ahmedabad, Gujarat, India | |||
| Confidora Polymers Private Limited | ₹2.41 Cr (FY 2023) | 443.0% | Navsari, Gujarat, India | |||
| Beekay Foams Private Limited | ₹2.41 Cr (FY 2021) | -19.0% | Muvattupuzha, Kerala, India | |||
| Silverstar Plastics Ltdthis company | ₹2.41 Cr (FY 2025) | -₹34.41 Lakh | -14.3% | -27.0% | 7 | Ernakulam, Kerala, India |
| Sri Charishma Business Private Limited | ₹2.41 Cr (FY 2024) | 17.0% | Hyderabad, Telangana, India | |||
| Dayanand Plastics Pvt Ltd | ₹2.4 Cr (FY 2025) | 32.0% | Gwalior, Madhya Pradesh, India | |||
| Avis Polypack Private Limited | ₹2.39 Cr (FY 2025) | 58.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Silverstar Plastics Ltd, buy the company report.
Auditor
Silverstar Plastics Ltd is audited by KRISHNAMOORTHY & KRISHNAMOORTHY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAMOORTHY & KRISHNAMOORTHY | FY 2021 | 001488S |
Shareholding
The shareholding of Silverstar Plastics Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Silverstar Plastics Ltd, buy the company report.
Charges & borrowings
Open charges
₹54 Lakh
Satisfied charges
₹97.1 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2020 | 100388972 | State Bank of India | ₹1 Lakh | Open | |
| 22 Dec 2007 | 10082702 | State Bank of India | ₹53 Lakh | Open | |
| 10 Nov 2016 | 100063840 | Others | ₹25 Lakh | Satisfied | |
| 27 Aug 2013 | 10453223 | State Bank of Travancore | ₹3.1 Lakh | Satisfied | |
| 25 Jan 2006 | 10000130 | State Bank of Travancore | ₹52 Lakh | Satisfied |
To see the full charge records of Silverstar Plastics Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Silverstar Plastics Ltd has 8 court cases on record: 8 filed by Silverstar Plastics. 5 cases are pending and 3 are disposed.
Total cases
8
Filed by the company
8
Pending
5
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Silverstar Plastics Ltd, 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 Silverstar Plastics Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Silverstar Plastics Ltd has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-30%
GST
Silverstar Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCS3345Q1Z3 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverstar Plastics Ltd, buy the company report.
Recent activity
Silverstar Plastics Ltd has 9 board changes on record since 1986: 5 appointments and 4 cessations. The latest: Thonikkalluputhenpurayil Alikunju Vavamaitheen ceased to be Managing Director on 02 Aug 2017.
AGM
Silverstar Plastics Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Silverstar Plastics Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with State Bank Of India of Rs. 0.53 Cr registered on 22 Dec 2007 with Charge ID 10082702 was modified on 04 Apr 2022.
Charges
A charge registered on 10 Nov 2016 via Charge ID 100063840 with Others was fully satisfied on 29 Jun 2021.
Charges
A charge registered on 27 Aug 2013 via Charge ID 10453223 with State Bank Of Travancore was fully satisfied on 29 Jun 2021.
Charges
A charge with State Bank Of India amounted to Rs. 0.01 Cr with Charge ID 100388972 was registered on 04 Jun 2020.
Ceased
Thonikkalluputhenpurayil Alikunju Vavamaitheen ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100063840 was registered on 10 Nov 2016.
Ceased
Panickassery Raman Ratnapalan ceased to be Managing Director.
Charges
A charge registered on 25 Jan 2006 via Charge ID 10000130 with State Bank Of Travancore was fully satisfied on 10 Oct 2014.
Charges
A charge registered on 16 Sep 2003 via Charge ID 90019372 with State Bank Of Travancore was fully satisfied on 10 Oct 2014.
Charges
A charge with State Bank Of Travancore amounted to Rs. 0.03 Cr with Charge ID 10453223 was registered on 27 Aug 2013.
19 earlier events are in the company report.
Frequently asked questions
Silverstar Plastics is an active public limited company based in Ernakulam, Kerala, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 29 August 1986 (40+ years old) and is registered under CIN U25209KL1986PLC004548.
Silverstar Plastics has 5 current directors:
- Thonikkalluputhenpurayil Alikunju Vavamaitheen - Whole-Time Director
- Abdul Rahman - Whole-Time Director
- Jameela Alikunju - Whole-Time Director
- Jabin Babu Alikunju - Director
- Palakkat Hamza - Director
The latest financial statements of Silverstar Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Silverstar Plastics is 32AADCS3345Q1Z3, registered in Kerala.
The CIN (Corporate Identification Number) of Silverstar Plastics is U25209KL1986PLC004548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverstar Plastics has 8 court cases on record: 8 filed by the company. 5 are pending. Most are in the district courts.
Silverstar Plastics was incorporated on 29 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Silverstar Plastics by revenue are Marayur Polyforms Private Limited, Ayp Plast Private Limited, Confidora Polymers Private Limited, Beekay Foams Private Limited, Sri Charishma Business Private Limited and 2 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).
Thonikkalluputhenpurayil Alikunju Vavamaitheen ceased to be Managing Director on 02 Aug 2017. Panickassery Raman Ratnapalan ceased to be Managing Director on 21 Oct 2015. Jameela Alikunju ceased to be Director on 01 Aug 2012. Silverstar Plastics has 9 board changes on record in total.
Yes, Silverstar Plastics is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0001156).
The registered office of Silverstar Plastics is at Plot No 48 Development Plotangamaly South Amgamaly, Ernakulam, Kerala, India – 683573.