India's Richest People 2026 edition · 1 director · Source: Hurun India
- #530 Ajay D Vaghani & Family ₹6,500 Cr
Tao Plastics Private Limited
Tao Plastics Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company manufacturing
Revenue · FY 2016
₹1.39 Cr
▼ 25% YoY
Net profit · FY 2016
₹15.23 Lakh
Net margin 11%
EBITDA · FY 2016
₹21.24 Lakh
EBITDA margin 15.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
About Tao Plastics Private Limited
Data last updated:
Tao Plastics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 20 August 1998 and has been in existence for over 28 years.
Its director Ajay D Vaghani and Family is #530 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25206MH1998PTC116295. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Manisha Ajay Vaghani and Ajaykumar Dineshkumar Vaghani.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Ashish Warehouse No 5 Punjab Foundry Ind Est Mira Bhayander Rd Kashmira, Thane, Maharashtra, India – 401104.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.39 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹15.23 Lakh (net margin 11%) and EBITDA of ₹21.24 Lakh (EBITDA margin 15.3%).
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U25206MH1998PTC116295
Registration Number 116295
Incorporation Date 20 August 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Key People
Manisha Ajay Vaghani Director Ajaykumar Dineshkumar Vaghani Director Dinesh Ishwarlal Vaghani Director Recognitions & Rankings of Tao Plastics
Contact details
Tao Plastics Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAshish Warehouse No 5 Punjab Foundry Ind Est Mira Bhayander Rd Kashmira, Thane, Maharashtra, India – 401104
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Tao Plastics Private Limited, buy the company report.
Comprehensive company report
Tao 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 Tao 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 Tao Plastics Private Limited, buy the company report.
Financials of Tao Plastics Private Limited
FY 2016 filings availableTao Plastics Private Limited reported revenue of ₹1.39 Cr (down 25% YoY) for FY 2016.
Revenue · FY 2016
₹1.39 Cr ▼ 25%
Net profit · FY 2016
₹15.23 Lakh margin 11%
EBITDA · FY 2016
₹21.24 Lakh margin 15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
EBITDA CAGR growth
1 year
▲ 130%
Revenue fell 25% in the latest year. EBITDA rose 130% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.39 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹21.24 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹15.23 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 15.3% | |
| Net Profit Margin | 11% | |
| 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 Tao Plastics Private Limited, buy the company report.
Board of directors of Tao Plastics Private Limited
Tao Plastics has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Ajay Vaghani | Director | 01 Oct 2000 | 26 Years 0 Months | Current |
| Ajaykumar Dineshkumar Vaghani | Director | 20 Aug 1998 | 28 Years 2 Months | Current |
| Dinesh Ishwarlal Vaghani Also directs: Ishwar Ashish Plastics LLP, Rising Star Plastics Pvt Ltd, D J Holdings Private Limited and 2 more | Director | 20 Aug 1998 | 28 Years 2 Months | Current |
Peer comparison
Tao Plastics Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Sunsky Seals Private Limited | ₹1.39 Cr (FY 2024) | 55.0% | Surendranagar, Gujarat, India | |||
| Nidhi Polymers India Private Limited | ₹1.39 Cr (FY 2025) | -68.0% | Nalgonda, Telangana, India | |||
| Manidhari Impex Private Limited | ₹1.39 Cr (FY 2023) | 16.0% | New Delhi, Delhi, India | |||
| Tao Plastics Private Limitedthis company | ₹1.39 Cr (FY 2016) | ₹15.23 Lakh | 11% | -25.0% | Thane, Maharashtra, India | |
| Desana Polymers Private Limited | ₹1.38 Cr (FY 2025) | 11.0% | Bikaner, Rajasthan, India | |||
| Kashi Plastic Udyog Private Limited | ₹1.38 Cr (FY 2025) | 16.0% | Varanasi, Uttar Pradesh, India | |||
| Vin Industries Private Limited | ₹1.37 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tao Plastics Private Limited, buy the company report.
Auditor
Tao Plastics Private Limited is audited by MEHTA CHOKSHI & SHAH for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA CHOKSHI & SHAH | FY 2016 | 106201W |
Shareholding
The shareholding of Tao Plastics Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Tao Plastics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 1999 | 90142546 | Punjab National Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Tao Plastics Private Limited has 4 court cases on record: 3 filed by Tao Plastics, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Ms Genius Leathercraft Pvt Ltd | Disposed |
To see the full case history of Tao 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 Tao Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tao Plastics Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
Tao Plastics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Tao Plastics Private Limited, buy the company report.
Recent activity
Tao Plastics Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Manisha Ajay Vaghani was appointed as Director on 01 Oct 2000.
AGM
Tao Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Tao Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Appointed
Manisha Ajay Vaghani was appointed as Director.
Charges
A charge with Punjab National Bank amounted to Rs. 1.00 Cr with Charge ID 90142546 was registered on 27 Sep 1999.
Appointed
Ajaykumar Dineshkumar Vaghani was appointed as Director.
Appointed
Dinesh Ishwarlal Vaghani was appointed as Director.
Incorporation
20 Aug 1998
Tao Plastics Private Limited was registered on 20 Aug 1998 with Roc Mumbai & aged 28 years 2 months as per MCA records.
Frequently asked questions
Tao Plastics is an active private limited company based in Thane, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 20 August 1998 (28+ years old) and is registered under CIN U25206MH1998PTC116295.
Tao Plastics has 3 current directors:
- Manisha Ajay Vaghani - Director
- Ajaykumar Dineshkumar Vaghani - Director
- Dinesh Ishwarlal Vaghani - Director
The latest financial statements of Tao Plastics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Tao Plastics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Tao Plastics is U25206MH1998PTC116295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tao Plastics has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Tao Plastics was incorporated on 20 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tao Plastics by revenue are Sunsky Seals Private Limited, Nidhi Polymers India Private Limited, Manidhari Impex Private Limited, Desana Polymers Private Limited, Kashi Plastic Udyog Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manisha Ajay Vaghani was appointed as Director on 01 Oct 2000. Ajaykumar Dineshkumar Vaghani was appointed as Director on 20 Aug 1998. Dinesh Ishwarlal Vaghani was appointed as Director on 20 Aug 1998.
The registered office of Tao Plastics is at Ashish Warehouse No 5 Punjab Foundry Ind Est Mira Bhayander Rd Kashmira, Thane, Maharashtra, India – 401104.
Tao Plastics operates in the manufacturing industry, in the plastic-based products segment.