About SSF Plastics India Limited
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SSF Plastics India Limited is a public limited company based in Solan H P, Himachal Pradesh, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 27 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U25209HP2006PLC030421. Its GSTIN is 02AAKCS4412K2ZG (Himachal Pradesh). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹24.42 Cr. It is led by directors including Sunil Dhawan (Managing Director) and Kapil Dhawan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village Katha Pargana .Dharampur Near Baddi Tehsil Nalagarh, Solan H P, Himachal Pradesh, India – 173205.
As per the financials filed for FY 2025, the company reported a revenue of ₹805.39 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹30.83 Cr (net margin 3.8%) and EBITDA of ₹127.4 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 425 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SSF Plastics. As per MCA filings, the company has open charges of ₹1,144.5 Cr and satisfied charges of ₹652.88 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 3 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in September 2024. Its 7 peer companies in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Alternicq Limited with revenue of ₹2,584.03 Cr. The company has 16 MSME Form 1 returns on record between 2017 and 2023, listing 1,700 overdue payments to 131 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssfplastics.com.
Company details
CIN history
SSF Plastics India has one previous CIN (Corporate Identification Number): U25209HP2006PTC030421. The current CIN is U25209HP2006PLC030421, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209HP2006PLC030421 | Current |
| U25209HP2006PTC030421 | Previous |
Contact details
SSF Plastics India Limited's registered office is in Solan H P, Himachal Pradesh. Its website is ssfplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Katha Pargana .Dharampur Near Baddi Tehsil Nalagarh, Solan H P, Himachal Pradesh, India – 173205
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of SSF Plastics India Limited, buy the company report.
- 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
Brands
SSF Plastics India operates one associated brand: SSF Plastics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of rigid plastic packaging and engineering components for various industries. | ssfplastics.com |
Business activity
The main business activity of SSF Plastics India 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 SSF Plastics India Limited, buy the company report.
Financials of SSF Plastics India Limited
FY 2025 filings availableSSF Plastics India Limited reported revenue of ₹805.39 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 27% growth in the latest year. EBITDA rose 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹805.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹127.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.83 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.8% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 SSF Plastics India Limited, buy the company report.
Board of directors of SSF Plastics India Limited
SSF Plastics India has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
SSF Plastics India Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Bottles and Caps), 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 |
|---|---|---|---|---|---|---|
| Alternicq Limited | ₹2,584.03 Cr (FY 2025) | 21.0% | Manesar, Haryana, India | |||
| Chemco Plastic Industries Private Limited | ₹935.58 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Tpac Packaging India Private Limited | ₹827.57 Cr (FY 2025) | 13.0% | Jogeshwari East, Maharashtra, India | |||
| SSF Plastics India Limitedthis company | ₹805.39 Cr (FY 2025) | ₹30.83 Cr | 3.8% | 27.0% | 425 | Solan H P, Himachal Pradesh, India |
| Nishant Mouldings Private Limited | ₹651.39 Cr (FY 2024) | 18.0% | Bangalore, Karnataka, India | |||
| Guala Closures (India) Private Limited | ₹577.44 Cr (FY 2024) | -15.0% | Goa, India | |||
| Technoplast Packaging Private Limited | ₹569.66 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India | |||
| Hitech Corporation Limited | ₹552.87 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of SSF Plastics India Limited, buy the company report.
Auditor
SSF Plastics India Limited is audited by Chhajed & Doshi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chhajed & Doshi | FY 2023 | 101794W |
Shareholding
The shareholding of SSF Plastics India 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 SSF Plastics India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101174248 | The Hongkong and Shanghai Banking Corporation Limited | ₹80 Cr | Open | |
| 17 Sep 2024 | 100981454 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 12 Oct 2023 | 100805085 | Bank of India | ₹80 Lakh | Open | |
| 20 Jun 2023 | 100734927 | The Hongkong and Shanghai Banking Corporation Limited | ₹12 Cr | Open | |
| 18 Nov 2022 | 100641716 | The Hongkong and Shanghai Banking Corporation Limited | ₹12 Cr | Open |
To see the full charge records of SSF Plastics India Limited, buy the company report.
Total charge records: 47 View all charges
Deals & funding
SSF Plastics India Limited has 5 deals on record (5 secondary share transfers); the latest was in September 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| May 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SSF Plastics India Limited has 9 court cases on record: 6 filed by SSF Plastics India, 3 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against M S J Duncan Healthcare Pvt Ltd | Pending |
| District court, Krishnagiri, Tamil Nadu | Court case (COS) | Filed by the company against S M Pharmaceuticals Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Health Secure India Pvt Ltd and 2 others | Disposed |
| District court, Daman, The Dadra And Nagar Haveli And Daman And Diu | Court case (S.C.S.) | Filed against the company by an individual | Pending |
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Filed against the company by Pankaj Sppiners Pvt. Ltd. | Disposed |
To see the full case history of SSF Plastics India 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.
Credit ratings & regulatory alerts
SSF Plastics India Limited was last rated by Crisil on 29 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Dec 2020 |
To see the full credit ratings and regulatory alerts of SSF Plastics India Limited, buy the company report.
MSME payment delays
SSF Plastics India Limited has 16 MSME Form 1 returns on record between 2017 and 2023, listing 1,700 overdue payments to 131 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 131)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rajiv Plastic Industries - Unit III | |||
| SCJ Plastics Private Limited | |||
| an individual supplier | |||
| Contrive Moulds Private Limited | |||
| Advanced Industrial Solutions Private Limited |
To see the full MSME payment records of SSF Plastics India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SSF Plastics India Limited has a workforce of 425 employees on its EPFO records as of Apr 08, 2024, across 4 active EPFO establishments.
GST
SSF Plastics India has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAKCS4412K2ZG | Himachal Pradesh | Active | 01 Jul 2017 |
| 27AAKCS4412K1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 33AAKCS4412K1ZC | Tamil Nadu | Active | 01 Jul 2017 |
| 27AAKCS4412K2Z4 | Maharashtra | Active | 12 Mar 2019 |
To see the full GST registrations and return filing status of SSF Plastics India Limited, buy the company report.
Recent activity
SSF Plastics India Limited has 20 board changes on record since 2006: 8 appointments and 12 cessations. The latest: Kapil Dhawan ceased to be Director on 13 Dec 2024.
109 earlier events are in the company report.
Frequently asked questions
SSF Plastics India is an active public limited company based in Solan H P, Himachal Pradesh, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 27 June 2006 (20+ years old) and is registered under CIN U25209HP2006PLC030421.
SSF Plastics India has 8 current directors:
- Sunil Dhawan - Managing Director
- Kapil Dhawan - Whole-Time Director
- Saurabh Dhawan - Whole-Time Director
- Ramesh Madhavdas Chugh - Whole-Time Director
- Nitika Agarwal - Director
- Sasikumar Gendham Mohan - Director
- Radha Mohan Gupta - Director
- Mihir Kumar Banerji - Director
The latest financial statements of SSF Plastics India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SSF Plastics India is 02AAKCS4412K2ZG, registered in Himachal Pradesh. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAKCS4412K1Z5 (Maharashtra), 33AAKCS4412K1ZC (Tamil Nadu), 27AAKCS4412K2Z4 (Maharashtra).
The CIN (Corporate Identification Number) of SSF Plastics India is U25209HP2006PLC030421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSF Plastics India has 9 court cases on record: 6 filed by the company and 3 filed against it. 3 are pending.
SSF Plastics India was incorporated on 27 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
SSF Plastics India has 5 deals on record (5 secondary share transfers); the latest was in September 2024.
The peers of SSF Plastics India by revenue are Alternicq Limited, Chemco Plastic Industries Private Limited, Tpac Packaging India Private Limited, Nishant Mouldings Private Limited, Guala Closures (India) Private Limited and 2 more, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kapil Dhawan ceased to be Director on 13 Dec 2024. Mihir Kumar Banerji ceased to be Additional Director on 13 Dec 2024. Nitika Agarwal ceased to be Additional Director on 13 Dec 2024. SSF Plastics India has 20 board changes on record in total.
SSF Plastics India has 16 MSME Form 1 returns on record between 2017 and 2023, listing 1,700 overdue payments to 131 micro and small suppliers. The latest return was filed on 03 Jan 2024.
SSF Plastics India can be reached through the website ssfplastics.com. Its registered office is in Solan H P, Himachal Pradesh, India.
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