Thai Plastic Private Limited
About Thai Plastic Private Limited
Data last updated:
Thai Plastic Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 16 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25199TN2009PTC070988. Its GSTIN is 33AADCT5241Q1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors Durairaj Gunasingh (Managing Director) and Gunasingh Ashikaladevi.
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 D – 50 SIDCO Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.45 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹39.09 Lakh (net margin 2.4%) and EBITDA of ₹1.71 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.35 Cr and satisfied charges of ₹2.89 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressD – 50 SIDCO Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008
- IndustryManufacturing, Rubber & Products, Plastic & Resins
- 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
- One PDF report, delivered after checkout
Business Activity of Thai Plastic Private Limited
The main business activity of Thai Plastic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Thai Plastic Private Limited FY 2024 filings available
Thai Plastic Private Limited reported revenue of ₹16.45 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Thai Plastic Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 14% growth in the latest year. EBITDA fell 24% 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 Thai Plastic Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.09 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 Thai Plastic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 Thai Plastic are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Thai Plastic Private Limited
Thai Plastic Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber Based Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sun Pro-Pack Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Rs-Navya Polymers India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mitsufuku Compound Private Limited | •••• | •••• | •••• | •••• | 42 | Mumbai, Maharashtra, India |
| Mint Fashion Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Gam Pas Plastech Private Limited | •••• | •••• | •••• | •••• | - | Cuttack, Orissa, India |
| Thai Plastic Private Limited this company | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Palazhy Latex Pvt Ltd | •••• | •••• | •••• | •••• | - | Kottayam, Kerala, India |
| Manoj Polypack Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Roop Koepp Foam Technologies Private Limited | •••• | •••• | •••• | •••• | 29 | Gurgaon, Haryana, India |
| Multi Polyplast Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Jaipur Plastopack Agro Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Thai Plastic by revenue in the Manufacturing industry (Plastic Based Products, Rubber 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 Thai Plastic Private Limited
Thai Plastic Private Limited is audited by VELAYUTHAM CHINNAIAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VELAYUTHAM CHINNAIAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Thai Plastic Private Limited
Thai Plastic has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durairaj Gunasingh Also directs: Adr Plastics Private Limited, Ajitha Impex Private Limited | Managing Director | 16 Mar 2009 | 17 Years 6 Months | Current |
| Gunasingh Ashikaladevi Also directs: Adr Plastics Private Limited, Ajitha Impex Private Limited | Director | 09 Jun 2009 | 17 Years 3 Months | Current |
Ownership and Shareholding of Thai Plastic Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Thai Plastic Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2025 | Sidbi | ₹2.4 Cr | Open |
| 06 Feb 2025 | Others | ₹33 Lakh | Open |
| 19 Sep 2024 | Others | ₹1.75 Cr | Open |
| 21 Dec 2018 | Sidbi | ₹1.87 Cr | Open |
| 09 Dec 2021 | Tamilnad Mercantile Bank Limited | ₹10 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Thai Plastic Private Limited
Thai Plastic Private Limited has 2 court cases on record: 2 filed by Thai Plastic. All cases are disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Thai Plastic Private Limited
Thai Plastic Private Limited has a workforce of 15 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Thai Plastic Private Limited
Thai Plastic Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Asirwatha Nadar Durairaj ceased to be Director on 06 Apr 2022.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Thai Plastic Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thai Plastic Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thai Plastic Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Thai Plastic Private Limited
Thai Plastic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCT5241Q1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thai Plastic Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thai Plastic Private Limited
Thai Plastic is an active private limited company based in Madurai, Tamil Nadu, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 16 March 2009 (17+ years old) and is registered under CIN U25199TN2009PTC070988.
Thai Plastic reported revenue of ₹16.45 Cr for FY 2025 (up 14% YoY).
Thai Plastic has 2 current directors:
- Durairaj Gunasingh - Managing Director
- Gunasingh Ashikaladevi - Director
Thai Plastic reported a net profit of ₹39.09 Lakh (net margin 2.4%) and EBITDA of ₹1.71 Cr (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thai Plastic is 9% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thai Plastic is 33AADCT5241Q1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thai Plastic is U25199TN2009PTC070988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thai Plastic has 2 court cases on record: 2 filed by the company.
Thai Plastic was incorporated on 16 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Thai Plastic by revenue are Sun Pro-Pack Private Limited, Rs-Navya Polymers India Private Limited, Mitsufuku Compound Private Limited, Mint Fashion Private Limited, Gam Pas Plastech Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Rubber Based Products).
Asirwatha Nadar Durairaj ceased to be Director on 06 Apr 2022. Gunasingh Ashikaladevi was appointed as Director on 09 Jun 2009. Durairaj Gunasingh was appointed as Managing Director on 16 Mar 2009.