Sparco Multiplast Private Limited

Sparco Multiplast Private Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U25200GJ2006PTC047806 Incorporated 24 February 2006 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company packaging MSME · Small
Data last updated
Revenue · FY 2025
₹41.02 Cr
▲ 28% YoY
Net profit · FY 2025
₹77.55 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹3.74 Cr
EBITDA margin 9.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹27.45 Cr
Satisfied ₹4.51 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
14
Provident fund records

About Sparco Multiplast Private Limited

Data last updated:

Sparco Multiplast Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 24 February 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2006PTC047806. Its GSTIN is 24AAJCS6885R1Z9 (Gujarat).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Priteshkumar Ashokkumar Shah (Managing Director) and Neetaben Priteshkumar Shah (Managing Director).

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 Ahmedabad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.02 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹77.55 Lakh (net margin 1.9%) and EBITDA of ₹3.74 Cr (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Warmate. As per MCA filings, the company has open charges of ₹27.45 Cr and satisfied charges of ₹4.51 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Sparco Multiplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0013060). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website warmate.com.

Company details

CIN U25200GJ2006PTC047806
Registration Number 047806
Incorporation Date 24 February 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0013060
Key People
Priteshkumar Ashokkumar Shah Managing Director Neetaben Priteshkumar Shah Managing Director Radhika Kalpesh Kumar Prajapati Additional Director

Recognitions & Rankings of Sparco Multiplast

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0013060

Contact details

Sparco Multiplast Private Limited's registered office is in Ahmedabad, Gujarat. Its website is warmate.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    warmate.com
  • Social Media
  • Registered Address
    706 707 708 7th Floor Palak Prime Opposite Double Tree Hilton Hotel, Ambli Road, Ahmedabad, Gujarat, India – 380058
  • Industry
    Packaging, Packaging Films & Foils

To see the full contact details of Sparco Multiplast Private Limited, buy the company report.

Comprehensive company report
Sparco Multiplast 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

Sparco Multiplast operates one associated brand: Warmate. Each brand links to its own profile.

BrandDescriptionWebsite
Warmate
Manufacturing of plastic films, sheets, and cable protection products.warmate.com

Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Sparco Multiplast Private Limited, buy the company report.

Financials of Sparco Multiplast Private Limited

FY 2025 filings available

Sparco Multiplast Private Limited reported revenue of ₹41.02 Cr (up 28% YoY) for FY 2025.

Revenue · FY 2025
₹41.02 Cr ▲ 28%
Net profit · FY 2025
₹77.55 Lakh margin 1.9%
EBITDA · FY 2025
₹3.74 Cr margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 5%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 11%

Revenue rose 28% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 21% 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₹3.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹77.55 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin1.9%
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 Sparco Multiplast Private Limited, buy the company report.

Board of directors of Sparco Multiplast Private Limited

Sparco Multiplast has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Priteshkumar Ashokkumar Shah
Also directs: Spanco Netting Solutions LLP, Spanco Nettingedge Private Limited, Bluesapphire Veneer Private Limited and 5 more
Managing Director24 Feb 200620 Years 8 MonthsCurrent
Neetaben Priteshkumar Shah
Also directs: Spanco Netting Solutions LLP, Sarjan Multitech Private Limited
Managing Director24 Feb 200620 Years 8 MonthsCurrent
Radhika Kalpesh Kumar PrajapatiAdditional Director17 Jun 20251 Years 4 MonthsCurrent
View all directors

Auditor

Sparco Multiplast Private Limited is audited by D J N V AND COMPANY for the financial year 2022.

Auditor firmFinancial yearFirm registration number
D J N V AND COMPANYFY 2022115145W

Shareholding

The shareholding of Sparco Multiplast 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 Sparco Multiplast Private Limited, buy the company report.

Charges & borrowings

Open charges
₹27.45 Cr
Satisfied charges
₹4.51 Cr
Breakdown by lending institutions
Axis Bank Limited₹25.50 Cr
Others₹1.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Dec 2022100659226Others₹1.95 CrOpen
28 Sep 2018100211618Axis Bank Limited₹12.75 CrOpen
29 Jan 2018100159109Axis Bank Limited₹12.75 CrOpen
05 Nov 201510602532Bank of Baroda₹90 LakhSatisfied
02 Aug 201310444870Bank of Baroda₹1 CrSatisfied

To see the full charge records of Sparco Multiplast Private Limited, buy the company report.

Total charge records: 8 View all charges

Credit ratings & regulatory alerts

Sparco Multiplast Private Limited was last rated by Crisil on 25 Aug 2020.

Rating agencyRated onRating
Crisil25 Aug 2020

To see the full credit ratings and regulatory alerts of Sparco Multiplast Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Sparco Multiplast Private Limited has a workforce of 14 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1

GST

Sparco Multiplast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCS6885R1Z9GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Sparco Multiplast Private Limited, buy the company report.

Recent activity

Sparco Multiplast Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Radhika Kalpesh Kumar Prajapati was appointed as Additional Director on 17 Jun 2025.

AGM
Sparco Multiplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Radhika Kalpesh Kumar Prajapati was appointed as Additional Director.
Filing
Sparco Multiplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 1.95 Cr registered on 02 Dec 2022 with Charge ID 100659226 was modified on 23 Oct 2023.
Charges
A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100659226 was registered on 02 Dec 2022.
Charges
A charge with Axis Bank Limited of Rs. 12.75 Cr registered on 28 Sep 2018 with Charge ID 100211618 was modified on 06 Apr 2022.
Charges
A charge with Axis Bank Limited of Rs. 12.75 Cr registered on 29 Jan 2018 with Charge ID 100159109 was modified on 06 Apr 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.75 Cr with Charge ID 100211618 was registered on 28 Sep 2018.
Charges
A charge registered on 12 Mar 2008 via Charge ID 10093299 with Others was fully satisfied on 04 Sep 2018.
Charges
A charge registered on 05 Nov 2015 via Charge ID 10602532 with Bank Of Baroda was fully satisfied on 22 May 2018.
Charges
A charge with Others of Rs. 1.99 Cr registered on 12 Mar 2008 with Charge ID 10093299 was modified on 10 May 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.75 Cr with Charge ID 100159109 was registered on 29 Jan 2018.

11 earlier events are in the company report.

Frequently asked questions

Sparco Multiplast is an active private limited company based in Ahmedabad, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 24 February 2006 (20+ years old) and is registered under CIN U25200GJ2006PTC047806.

Sparco Multiplast has 3 current directors:

The latest financial statements of Sparco Multiplast 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.

The GSTIN of Sparco Multiplast is 24AAJCS6885R1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Sparco Multiplast is U25200GJ2006PTC047806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sparco Multiplast has 1 court case on record: 1 filed by the company.

Sparco Multiplast was incorporated on 24 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Radhika Kalpesh Kumar Prajapati was appointed as Additional Director on 17 Jun 2025. Neetaben Priteshkumar Shah was appointed as Managing Director on 24 Feb 2006. Priteshkumar Ashokkumar Shah was appointed as Managing Director on 24 Feb 2006.

Yes, Sparco Multiplast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0013060).

Sparco Multiplast can be reached through the website warmate.com. Its registered office is in Ahmedabad, Gujarat, India.