Sithara Plastics Private Limited

Sithara Plastics Private Limited - manufacturing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U25209KL2002PTC015562 Incorporated 31 July 2002 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹6.93 Cr
▼ 13% YoY
Net profit · FY 2024
₹1.32 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹38.53 Lakh
EBITDA margin 5.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.6 Lakh
Issued & subscribed
Open charges
₹65.61 Lakh
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
4
As per MCA filings

About Sithara Plastics Private Limited

Data last updated:

Sithara Plastics Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 31 July 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25209KL2002PTC015562. Its GSTIN is 32AAFCM4133N1ZH (Kerala).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.6 Lakh. It is led by directors including Tony Varghese (Managing Director) and Savitha Tony.

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 Door No 6/254 Neeleeswaram Post Kalady, Ernakulam, Kerala, India – 683584.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.93 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 0.2%) and EBITDA of ₹38.53 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.

As per MCA filings, the company has open charges of ₹65.61 Lakh on record. Court records list 13 cases involving the company, including 10 filed by the company and 3 filed against it; 1 case is pending.

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

Company Details of Sithara Plastics Private Limited
CIN U25209KL2002PTC015562
Registration Number 015562
Incorporation Date 31 July 2002
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Door No 6/254 Neeleeswaram Post Kalady, Ernakulam, Kerala, India – 683584
  • Industry
    Manufacturing, Plastic-Based Products
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Financials, compliance, directors, charges, ownership and filings for Sithara Plastics Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Sithara Plastics Private Limited

The main business activity of Sithara Plastics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Sithara Plastics Private Limited FY 2025 filings available

Sithara Plastics Private Limited reported revenue of ₹6.93 Cr (down 13% YoY) for FY 2024.

Revenue · FY 2024
₹6.93 Cr ▼ 13%
Net profit · FY 2024
₹1.32 Lakh margin 0.2%
EBITDA · FY 2024
₹38.53 Lakh margin 5.6%

Compounded Annual Growth Rate (CAGR) of Sithara Plastics Private Limited

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 8%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 1%
5 years · compounded
▲ 25%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 15% 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 Sithara Plastics Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹38.53 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.32 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 Sithara Plastics Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.6%••••••••••••••••
Net Profit Margin0.2%••••••••••••••••
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 Sithara Plastics are in the company report.

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Financial statements from 2015

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Peer Comparison of Sithara Plastics Private Limited

Sithara Plastics Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Biraja Infra Solution Private Limited••••••••••••••••-Jajpur, Orissa, India
Mono Packaging Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Nirmangold Plasttech Private Limited••••••••••••••••-Aurangabad, Maharashtra, India
Sharv Polyplast Private Limited••••••••••••••••-Pune, Maharashtra, India
Floraware India Private Limited••••••••••••••••-Rajkot, Gujarat, India
Sithara Plastics Private Limited this company••••••••••••••••-Ernakulam, Kerala, India
Mahendra Energy Private Limited••••••••••••••••-Ahmedabad, Gujarat, India
Paramount Plastics Pvt Ltd••••••••••••••••-Kolkata, West Bengal, India
Dalmia Tea Marketing Private Limited••••••••••••••••-New Delhi, Delhi, India
Skyway Polymers Private Limited••••••••••••••••-Delhi, India
Shanti Ganga Plasto Packs Private Limited••••••••••••••••-Ranga Reddy, Telangana, India

Peers are the five companies nearest above and the five nearest below Sithara Plastics by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Sithara Plastics Private Limited

Sithara Plastics Private Limited is audited by VBSK & COMPANY for the financial year 2023.

NameStatusAppointment DateCessation Date
VBSK & COMPANYLockedLockedLocked
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Board of Directors of Sithara Plastics Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Savitha TonyDirector08 Jan 20197 Years 8 MonthsCurrent
Babu Mannampilly AravindhakshanDirector31 Jul 200224 Years 2 MonthsCurrent
Tony VargheseManaging Director11 Oct 200223 Years 11 MonthsCurrent
Jayasree BabuDirector08 Jan 20197 Years 8 MonthsCurrent

Ownership and Shareholding of Sithara Plastics Private Limited

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Charges & Borrowings of Sithara Plastics Private Limited

Open charges
₹65.61 Lakh
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹0.35 Cr
Others₹0.16 Cr
Federal Bank Limited₹0.10 Cr
Hdfc Bank Limited₹0.05 Cr
Latest charge details
DateLenderAmountStatus
12 Jun 2023Others₹16 LakhOpen
03 Sep 2021Hdfc Bank Limited₹5 LakhOpen
20 Oct 2020Axis Bank Limited₹15 LakhOpen
19 Sep 2019Axis Bank Limited₹9.6 LakhOpen
10 Apr 2019Axis Bank Limited₹10.01 LakhOpen

Total charge records: 6 View all charges

Employees and EPFO Compliance at Sithara Plastics Private Limited

Employment history and EPFO contributions of people linked to Sithara Plastics.

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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 Sithara Plastics Private Limited

Sithara Plastics Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Jayasree Babu ceased to be Additional Director on 30 Sep 2019.

AGM
Sithara Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sithara Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 16.00 Lakh with Charge ID 100760781 was registered on 12 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 100484123 was registered on 03 Sep 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100385836 was registered on 20 Oct 2020.
Ceased
Jayasree Babu ceased to be Additional Director.
Ceased
Savitha Tony ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.60 Lakh with Charge ID 100293435 was registered on 19 Sep 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.01 Lakh with Charge ID 100258065 was registered on 10 Apr 2019.
Appointed
Jayasree Babu was appointed as Director.
Appointed
Savitha Tony was appointed as Director.
Ceased
Sunil Gopaldas Lalwani ceased to be Director.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Sithara Plastics Private Limited

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MSME Payment Delays by Sithara Plastics Private Limited

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Subsidiaries & Group Companies of Sithara Plastics Private Limited

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GST Compliance of Sithara Plastics Private Limited

Sithara Plastics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAFCM4133N1ZHKeralaActive01 Jul 2017
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MCA Filings & Documents of Sithara Plastics Private Limited

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Frequently Asked Questions about Sithara Plastics Private Limited

Sithara Plastics is an active private limited company based in Ernakulam, Kerala, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 31 July 2002 (24+ years old) and is registered under CIN U25209KL2002PTC015562.

Sithara Plastics reported revenue of ₹6.93 Cr for FY 2024 (down 13% YoY).

Sithara Plastics has 4 current directors:

Sithara Plastics reported a net profit of ₹1.32 Lakh (net margin 0.2%) and EBITDA of ₹38.53 Lakh (EBITDA margin 5.6%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Sithara Plastics is -8% over three years and 11% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Sithara Plastics is 32AAFCM4133N1ZH, registered in Kerala.

The CIN (Corporate Identification Number) of Sithara Plastics is U25209KL2002PTC015562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sithara Plastics has 13 court cases on record: 10 filed by the company and 3 filed against it. 1 is pending.

Sithara Plastics was incorporated on 31 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Sithara Plastics by revenue are Biraja Infra Solution Private Limited, Mono Packaging Private Limited, Nirmangold Plasttech Private Limited, Sharv Polyplast Private Limited, Floraware India Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).

Jayasree Babu ceased to be Additional Director on 30 Sep 2019. Savitha Tony ceased to be Additional Director on 30 Sep 2019. Jayasree Babu was appointed as Director on 08 Jan 2019. Sithara Plastics has 8 board changes on record in total.

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