Sirmax India Plastics Private Limited

Sirmax India Plastics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U25205MH2017PTC291608 Incorporated 23 February 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹130.57 Cr
▲ 12% YoY
Net profit · FY 2025
₹6.39 Cr
Net margin 4.9%
EBITDA · FY 2025
₹12.01 Cr
EBITDA margin 9.2%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹46.44 Cr
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Sirmax India Plastics Private Limited

Data last updated:

Sirmax India Plastics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sirmax S.P.A. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 23 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25205MH2017PTC291608. Its GSTIN is 27AAYCS2125F1Z4 (Maharashtra).

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹46.44 Cr. It was formerly known as Sirmax Plastics Private Limited. It is led by directors including Antonio Fasano and Massimo Pavin.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹130.57 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹6.39 Cr (net margin 4.9%) and EBITDA of ₹12.01 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.

The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2017.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relationsatwork.com.

Company details

CIN U25205MH2017PTC291608
Registration Number 291608
Incorporation Date 23 February 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sirmax S.P.A
Compliance Status Active Compliant

Contact details

Sirmax India Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its website is relationsatwork.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No. 501 5th Floor Sangeet Plaza, Marol Maroshi Road Marol Naka Andheri (E), Mumbai, Maharashtra, India – 400059
  • Industry
    Manufacturing, Plastic & Resins

To see the full contact details of Sirmax India Plastics Private Limited, buy the company report.

Comprehensive company report
Sirmax India 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 Sirmax India Plastics is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Sirmax India Plastics Private Limited, buy the company report.

Financials of Sirmax India Plastics Private Limited

FY 2025 filings available

Sirmax India Plastics Private Limited reported revenue of ₹130.57 Cr (up 12% YoY) for FY 2025.

Revenue · FY 2025
₹130.57 Cr ▲ 12%
Net profit · FY 2025
₹6.39 Cr margin 4.9%
EBITDA · FY 2025
₹12.01 Cr margin 9.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 15%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA rose 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹12.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.39 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.2%
Net Profit Margin4.9%
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

To see the full financial statements and ratios of Sirmax India Plastics Private Limited, buy the company report.

Board of directors of Sirmax India Plastics Private Limited

Sirmax India Plastics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Antonio FasanoDirector23 Feb 20179 Years 8 MonthsCurrent
Massimo PavinDirector10 Jul 20179 Years 3 MonthsCurrent
Roberto PavinDirector10 Jul 20179 Years 3 MonthsCurrent
Massimiliano AltabellaDirector23 Feb 20179 Years 8 MonthsCurrent

Auditor

Sirmax India Plastics Private Limited is audited by Rushabha Patel & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Rushabha Patel & AssociatesFY 2023139376W

Shareholding

The shareholding of Sirmax India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sirmax India Plastics Private Limited, buy the company report.

Deals & funding

Sirmax India Plastics Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2017.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Jul 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Relationsatwork India Advisory Private Limited & Antonio Fasano, Relationsatwork India Advisory Private Limited
Jul 2017Rights issue₹46.34 CrInvestors: Relationsatwork India Advisory Private Limited , an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sirmax India Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Sirmax India Plastics has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Joint ventures

GST

Sirmax India Plastics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAYCS2125F1Z4MaharashtraActive04 Apr 2018

To see the full GST registrations and return filing status of Sirmax India Plastics Private Limited, buy the company report.

Recent activity

Sirmax India Plastics Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Massimo Pavin ceased to be Additional Director on 19 Dec 2018.

AGM
Sirmax India Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sirmax India Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Massimo Pavin ceased to be Additional Director.
Ceased
Roberto Pavin ceased to be Additional Director.
Appointed
Massimo Pavin was appointed as Director.
Appointed
Roberto Pavin was appointed as Director.
Appointed
Antonio Fasano was appointed as Director.
Appointed
Massimiliano Altabella was appointed as Director.
Incorporation
23 Feb 2017
Sirmax India Plastics Private Limited was registered on 23 Feb 2017 with Roc Mumbai & aged 9 years 8 months as per MCA records.

Frequently asked questions

Sirmax India Plastics is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 23 February 2017 (9+ years old) and is registered under CIN U25205MH2017PTC291608.

Sirmax India Plastics has 4 current directors:

The latest financial statements of Sirmax India 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 FY 2017 are in the company report.

The GSTIN of Sirmax India Plastics is 27AAYCS2125F1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sirmax India Plastics is U25205MH2017PTC291608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sirmax India Plastics was incorporated on 23 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Sirmax India Plastics has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2017.

Massimo Pavin ceased to be Additional Director on 19 Dec 2018. Roberto Pavin ceased to be Additional Director on 19 Dec 2018. Massimo Pavin was appointed as Director on 10 Jul 2017. Sirmax India Plastics has 6 board changes on record in total.

Sirmax India Plastics can be reached through the website relationsatwork.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Sirmax India Plastics is at Office No. 501 5th Floor Sangeet Plaza, Marol Maroshi Road Marol Naka Andheri E, Mumbai, Maharashtra, India – 400059.