MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0012838
Sonarg Plastics Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.33 Cr
▼ 8% YoY
Net profit · FY 2024
₹2.51 Cr
Net margin 4%
EBITDA · FY 2024
₹4.51 Cr
EBITDA margin 7.1%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹9.75 Cr
Satisfied ₹16.58 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
21
Provident fund records
About Sonarg Plastics Private Limited
Data last updated:
Sonarg Plastics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 09 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ1999PTC036267. Its GSTIN is 26AABCM9231H1ZI (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It was formerly known as Mittal Agencies Private Limited. It is led by directors including Surekh Rameshchandra Desai and Sonal Kammal Agarwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1109 – B Infinity Tower Opp.Safal Profitaire Prahaladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.33 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.51 Cr (net margin 4%) and EBITDA of ₹4.51 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sonarg Plastic. As per MCA filings, the company has open charges of ₹9.75 Cr and satisfied charges of ₹16.58 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Sonarg Plastics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0012838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sonarg.com.
Company details
CIN U36999GJ1999PTC036267
Registration Number 036267
Incorporation Date 09 July 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0012838
Key People
Surekh Rameshchandra Desai Director Sonal Kammal Agarwala Director Hetal Surekh Desai Director Recognitions & Rankings of Sonarg Plastics
Contact details
Sonarg Plastics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sonarg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1109 – B Infinity Tower Opp.Safal Profitaire Prahaladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Sonarg Plastics Private Limited, buy the company report.
Comprehensive company report
Sonarg 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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Brands
Sonarg Plastics operates one associated brand: Sonarg Plastic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of polymer compounds for wires, cables, and industrial applications in India. | sonarg.com |
Business activity
The main business activity of Sonarg 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 Sonarg Plastics Private Limited, buy the company report.
Financials of Sonarg Plastics Private Limited
FY 2024 filings availableSonarg Plastics Private Limited reported revenue of ₹63.33 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹63.33 Cr ▼ 8%
Net profit · FY 2024
₹2.51 Cr margin 4%
EBITDA · FY 2024
₹4.51 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 1%
5 years · compounded
▲ 6%
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 6% 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 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 | ₹4.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.51 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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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 Sonarg Plastics Private Limited, buy the company report.
Board of directors of Sonarg Plastics Private Limited
Sonarg Plastics has 3 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 |
|---|---|---|---|---|
| Surekh Rameshchandra Desai Also directs: Shree Ajit Pulp and Paper Limited, VSR Polymers Private Limited | Director | 20 Oct 2007 | 19 Years 0 Months | Current |
| Sonal Kammal Agarwala Also directs: Gujarat Nitro-Chem Pvt.Ltd., Gujarat Intermediates Pvt. Ltd | Director | 20 Oct 2007 | 19 Years 0 Months | Current |
| Hetal Surekh Desai | Director | 24 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Sonarg Plastics Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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 |
|---|---|---|---|---|---|---|
| Network Polymers Private Limited | ₹63.93 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Jayachandran Global Refineries Private Limited | ₹63.89 Cr (FY 2024) | 529.0% | Coimbatore, Tamil Nadu, India | |||
| Ganpati Moulders Private Limited | ₹63.8 Cr (FY 2025) | 83.0% | Aurangabad, Maharashtra, India | |||
| Shaakya Polymer Private Limited | ₹63.6 Cr (FY 2024) | 2175.0% | Bhubaneswar, Odisha, India | |||
| Sonarg Plastics Private Limitedthis company | ₹63.33 Cr (FY 2024) | ₹2.51 Cr | 4% | -8.0% | 21 | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sonarg Plastics Private Limited, buy the company report.
Auditor
Sonarg Plastics Private Limited is audited by MANISHKUMARDHIRUBHAIDESAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISHKUMARDHIRUBHAIDESAI | FY 2023 | 045241 |
Shareholding
The shareholding of Sonarg 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 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 Sonarg Plastics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.75 Cr
Satisfied charges
₹16.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2020 | 100324442 | Axis Bank Limited | ₹9.75 Cr | Open | |
| 02 May 2019 | 100264479 | Others | ₹1.11 Cr | Satisfied | |
| 02 Apr 2013 | 10421739 | Bank of Baroda | ₹60 Lakh | Satisfied | |
| 22 Mar 2011 | 10335241 | Others | ₹7.43 Cr | Satisfied | |
| 22 Mar 2011 | 10335237 | Others | ₹7.43 Cr | Satisfied |
To see the full charge records of Sonarg Plastics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sonarg Plastics Private Limited has 1 court case on record: 1 filed by Sonarg Plastics. 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, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed by the company against Polaris Cables and Wires Pvt. Ltd. and 02 Oth. and 2 others | Disposed |
To see the full case history of Sonarg Plastics 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
No delayed payments to MSME suppliers are on our record for Sonarg Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sonarg Plastics Private Limited has a workforce of 21 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
GST
Sonarg Plastics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AABCM9231H1ZI | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sonarg Plastics Private Limited, buy the company report.
Recent activity
Sonarg Plastics Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Nawal Kishor Modi ceased to be Director on 01 Oct 2013.
AGM
Sonarg Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sonarg Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 02 May 2019 via Charge ID 100264479 with Others was fully satisfied on 09 Aug 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.75 Cr with Charge ID 100324442 was registered on 27 Jan 2020.
Charges
A charge with Others of Rs. 1.11 Cr registered on 02 May 2019 with Charge ID 100264479 was modified on 20 Dec 2019.
Charges
A charge registered on 22 Mar 2011 via Charge ID 10335241 with Others was fully satisfied on 20 Sep 2019.
Charges
A charge registered on 22 Mar 2011 via Charge ID 10335237 with Others was fully satisfied on 20 Sep 2019.
Charges
A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100264479 was registered on 02 May 2019.
Charges
A charge with Others of Rs. 7.43 Cr registered on 22 Mar 2011 with Charge ID 10335241 was modified on 30 May 2016.
Charges
A charge with Others of Rs. 7.43 Cr registered on 22 Mar 2011 with Charge ID 10335237 was modified on 30 May 2016.
Ceased
Nawal Kishor Modi ceased to be Director.
Ceased
Hetal Surekh Desai ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Sonarg Plastics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 09 July 1999 (27+ years old) and is registered under CIN U36999GJ1999PTC036267.
Sonarg Plastics has 3 current directors:
- Surekh Rameshchandra Desai - Director
- Sonal Kammal Agarwala - Director
- Hetal Surekh Desai - Director
The latest financial statements of Sonarg Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sonarg Plastics is 26AABCM9231H1ZI, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sonarg Plastics is U36999GJ1999PTC036267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonarg Plastics has 1 court case on record: 1 filed by the company.
Sonarg Plastics was incorporated on 09 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sonarg Plastics by revenue are Network Polymers Private Limited, Jayachandran Global Refineries Private Limited, Ganpati Moulders Private Limited, Shaakya Polymer Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Nawal Kishor Modi ceased to be Director on 01 Oct 2013. Hetal Surekh Desai ceased to be Additional Director on 30 Sep 2013. Hetal Surekh Desai was appointed as Director on 24 Aug 2013. Sonarg Plastics has 7 board changes on record in total.
Yes, Sonarg Plastics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0012838).
Sonarg Plastics can be reached through the website sonarg.com. Its registered office is in Ahmedabad, Gujarat, India.
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