Tirth Plastic Limited - plastics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L25209GJ1986PLC009021 Incorporated 29 September 1986 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 526675 Public Limited Company plastics
Data last updated
Market Cap
₹14.64 Cr
TIRTPLS · BSE
Share Price
₹32.99
+0.27% today
Revenue
₹9.58 Cr
FY 2025-26
EBITDA
₹0.46 Cr
Margin 4.8%
Net Profit
₹0.38 Cr
FY 2025-26 · +3700.0% YoY
P/E (TTM)
23.3x
P/B 5.0x
ROE
7.5%
ROCE 9.1%
Authorised capital
₹6 Cr
Registered with MCA

About Tirth Plastic Limited

Data last updated:

Tirth Plastic Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 29 September 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25209GJ1986PLC009021. The company has 1 GST registration on record, which is no longer active. Its shares are listed on BSE: 526675.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.45 Cr. It is led by directors including Jigar Mukeshbhai Shah (Managing Director) and Shandhya.

Its last annual general meeting (AGM) was held on 23 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 latest standalone financials for FY 2025-26, the company reported a revenue of ₹9.58 Cr. For the same year it recorded a net profit of ₹38 Lakh (net margin 4%) and EBITDA of ₹46 Lakh (EBITDA margin 4.8%). The net worth stands at ₹2.79 Cr (up 15.8% YoY). Total assets are valued at ₹2.79 Cr (up 15.8% YoY).

The company is associated with 1 brand: Tirth Plastic. As per MCA filings, the company has open charges of ₹27.56 Lakh and satisfied charges of ₹25 Lakh on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tirthlimited.in.

Company Details of Tirth Plastic Limited
CIN L25209GJ1986PLC009021
Registration Number 009021
Incorporation Date 29 September 1986
ROC Ahmedabad
Listing Status Listed (BSE: 526675)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 407 Synergy Opp Commerce House, Nr. Voda Phone Corporate Rd, Ahmedabad, Gujarat, India – 380015
  • Industry
    Plastics, Non-Metallic Mineral Products, Plastic Products, Fabricated Metal Products, Rubber Products
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Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Tirth Plastic Limited

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

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Tirth Plastic Limited FY 2025-26 filings available

Tirth Plastic Limited reported revenue of ₹9.58 Cr for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹9.58 Cr
EBITDA
₹0.46 Cr
+675.0% YoY
Profit After Tax
₹0.38 Cr
+3700.0% YoY
Net Worth
₹2.79 Cr
+15.8% YoY
Total Assets
₹2.79 Cr
+15.8% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9.580.000.000.000.090.000.06
Revenue growth----100.0%--100.0%-
EBITDA0.46(0.08)(0.07)(0.10)(0.09)(0.10)(0.41)
EBITDA margin+4.8%----100.0%--683.3%
Profit before tax0.460.010.02(0.02)(0.01)0.00(0.31)
Net profit0.380.010.02(0.02)(0.01)0.00(0.31)
Net profit margin+4.0%----11.1%--516.7%
EPS (₹)0.850.030.01(0.04)(0.03)0.01(0.69)
Balance sheet
Total assets2.792.412.552.392.412.432.42
Net worth2.792.412.402.392.412.432.42
Total debt0.000.000.150.000.000.000.00
Cash & bank0.070.130.060.250.220.110.11
Net working capital1.231.221.120.960.961.042.43
Cash flow
Cash from operations(0.06)0.13(0.43)(0.05)0.03(0.11)(0.26)
Cash from investing0.000.090.090.080.080.000.00
Cash from financing0.00(0.15)0.150.000.000.100.30
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5.235.083.411.090.000.000.000.00
Other income0.000.000.000.000.000.030.040.00
Total expenses4.984.863.320.920.020.020.020.01
EBITDA0.250.220.090.17(0.02)(0.02)(0.02)(0.01)
EBITDA margin+4.8%+4.3%+2.6%+15.6%----
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.250.220.090.17(0.02)0.010.02(0.01)
Tax0.050.070.010.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 18 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue5.235.083.411.090.000.000.000.00
Other income0.000.000.000.000.000.030.040.00
Total expenses4.984.863.320.920.020.020.020.01
EBITDA0.250.220.090.17(0.02)(0.02)(0.02)(0.01)
EBITDA margin+4.8%+4.3%+2.6%+15.6%----
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.250.220.090.17(0.02)0.010.02(0.01)
Tax0.050.070.010.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9.580.000.000.000.090.000.06
Revenue growth----100.0%--100.0%-
Other income0.000.090.090.080.080.100.10
Total expenses9.120.080.070.100.180.100.47
Employee cost0.020.010.010.010.020.020.02
EBITDA0.46(0.08)(0.07)(0.10)(0.09)(0.10)(0.41)
EBITDA margin+4.8%----100.0%--683.3%
Depreciation0.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.00
Profit before tax0.460.010.02(0.02)(0.01)0.00(0.31)
Tax0.080.000.000.000.000.000.00
Net profit0.380.010.02(0.02)(0.01)0.00(0.31)
Net profit margin+4.0%----11.1%--516.7%
EPS (₹)0.850.030.01(0.04)(0.03)0.01(0.69)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.454.454.454.454.454.454.45
Reserves & surplus(1.66)(2.04)(2.05)(2.06)(2.04)(2.02)(2.03)
Shareholders' funds (net worth)2.792.412.402.392.412.432.42
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.150.000.000.000.00
Total debt0.000.000.150.000.000.000.00
Total liabilities2.792.412.552.392.412.432.42
Assets
Gross block0.000.000.000.000.000.000.00
Net block0.000.000.000.000.000.000.00
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories1.071.291.291.291.291.371.37
Sundry debtors6.030.000.000.010.010.070.15
Cash & bank balances0.070.130.060.250.220.110.11
Loans & advances0.260.090.080.060.000.001.29
Total current assets7.431.511.431.611.521.552.92
Total current liabilities6.200.290.310.650.560.510.49
Net working capital1.231.221.120.960.961.042.43
Total assets2.792.412.552.392.412.432.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.130.060.250.220.110.110.07
Net cash from operating activities(0.06)0.13(0.43)(0.05)0.03(0.11)(0.26)
Net cash from investing activities0.000.090.090.080.080.000.00
Net cash from financing activities0.00(0.15)0.150.000.000.100.30
Net change in cash(0.06)0.07(0.19)0.030.110.000.04
Closing cash0.070.130.060.250.220.110.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth----100.0%--100.0%-
EBITDA growth+675.0%-14.3%+30.0%-11.1%+10.0%+75.6%-
PBT growth+4500.0%-50.0%+9998.0%-100.0%+9997.0%+9997.0%-342.9%
Net income growth+3700.0%-50.0%+200.0%-100.0%-+100.0%-
Revenue CAGR (3Y)--100.0%--100.0%--100.0%+14.5%
EBITDA CAGR (3Y)--3.9%-11.2%-37.5%+8.7%+49.4%+89.8%
Profitability & leverage
Net income margin+4.0%----11.1%--516.7%
Return on capital employed+9.1%+0.3%0.0%0.0%0.0%+0.3%0.0%
Return on net worth+7.5%+0.3%0.0%0.0%0.0%+0.3%0.0%
Debt / equity0.000.030.030.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.000.000.000.000.000.00
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.000.00
Inventory turnover8.120.000.000.000.070.000.04
Debtors turnover3.180.000.000.002.250.000.17
EPS (₹)0.850.030.01(0.04)(0.03)0.01(0.69)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)6.275.425.395.385.425.465.45
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Peer Comparison of Tirth Plastic Limited

Tirth Plastic Limited is compared with the companies closest to it by revenue in the same principal business activity (Plastic products, non-metallic mineral products, rubber products, fabricated metal products). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tirth Plastic Limited this company₹9.58 Cr (FY 2026)••••••••••••Ahmedabad, Gujarat, India
Neel Kamal Grani Marmo Private Limited₹8.88 Lakh (FY 2017)••••••••-3.0%••••Silvassa, Dadra and Nagar Haveli, India
Shrimat Fabrics Limited₹8.87 Lakh (FY 2018)••••••••43.0%••••Jaipur, Rajasthan, India
Plasti-Injmould (India) Ltd₹8.86 Lakh (FY 2025)••••••••318.0%••••Mumbai, Maharashtra, India
Ranfloat Plastic Industries Private Limited₹8.83 Lakh (FY 2025)••••••••-74.0%••••Thane, Maharashtra, India
Shivakari Polymers Private Limited₹8.81 Lakh (FY 2025)••••••••-84.0%••••New Delhi, Delhi, India
Harmony Fibre Private Limited₹8.8 Lakh (FY 2025)••••••••-41.0%••••Pune, Maharashtra, India
Hindustan Tank Structural Private Limited₹8.79 Lakh (FY 2025)••••••••-27.0%••••Budge Budge, West Bengal, India
Keilran Life Care Private Limited₹8.76 Lakh (FY 2022)••••••••••••Bijnor, Uttar Pradesh, India
Ruhit Industries Private Limited₹8.74 Lakh (FY 2021)••••••••-100.0%••••New Delhi, Delhi, India
Silicate Minerals (I) Private Limited₹8.72 Lakh (FY 2022)••••••••-23.0%••••Vadodara, Gujarat, India

Peers are the five companies nearest above and the five nearest below Tirth Plastic by revenue in the same principal business activity (Plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Tirth Plastic Limited

Tirth Plastic Limited is audited by SHAMBHU GUPTA AND CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
SHAMBHU GUPTA AND CO.LockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Tirth Plastic Limited

Tirth Plastic has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
ShandhyaDirector31 Dec 20196 Years 9 MonthsCurrent
Jigar Mukeshbhai ShahManaging Director09 May 20242 Years 5 MonthsCurrent
Dharmesh Kantilal ShahDirector14 Feb 20242 Years 8 MonthsCurrent
Ashish Hasmukhlal ShahDirector18 Oct 20233 Years 0 MonthsCurrent
Nidhi Bharatbhai GandhiAdditional Director05 Feb 20260 Years 8 MonthsCurrent

Shareholding Pattern of Tirth Plastic Limited

Shareholding for the quarter ended Sep 2026: promoters hold 23.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 76.50%.

Promoters: 23.50%Retail & Others: 76.50%
Sep 2026
QUARTER
23.50% Promoters
76.50% Retail & Others
Promoter holding - history
Now 23.50% · Sep 2026High 23.50% · Dec 2025Low 23.50% · Dec 2025
22%22.8%23.5%24.3%25%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 23.50%Mar 2026: 23.50%Jun 2026: 23.50%Sep 2026: 23.50%23.50%23.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters23.50%23.50%23.50%23.50%
Public76.50%76.50%76.50%76.50%

Charges & Borrowings of Tirth Plastic Limited

Open charges
₹27.56 Lakh
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
G.S.F.C.₹0.28 Cr
Latest charge details
DateLenderAmountStatus
26 Oct 1989G.S.F.C.₹27.56 LakhOpen
06 Nov 1996The General Co-Op Bank Ltd₹25 LakhSatisfied

Total charge records: 2 View all charges

Associated Brands with Tirth Plastic Limited

Tirth Plastic operates one associated brand: Tirth Plastic. Each brand links to its own profile.

BrandDescriptionWebsite
Tirth Plastic was founded in 1986 in Ahmedabad, India.tirthlimited.in

Employees and EPFO Compliance at Tirth Plastic Limited

Employment history and EPFO contributions of people linked to Tirth Plastic.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Tirth Plastic Limited

Tirth Plastic has one previous CIN (Corporate Identification Number): U25209GJ1986PLC009021. The current CIN is L25209GJ1986PLC009021, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25209GJ1986PLC009021Current
U25209GJ1986PLC009021Previous

Recent Activity on Tirth Plastic Limited

Tirth Plastic Limited has 21 board changes on record since 1993: 14 appointments and 7 cessations. The latest: Nidhi Bharatbhai Gandhi was appointed as Additional Director on 05 Feb 2026.

Appointed
Nidhi Bharatbhai Gandhi was appointed as Additional Director.
AGM
Tirth Plastic Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Tirth Plastic Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Abhishek Sanjay Hagwane was appointed as CFO.
Appointed
Aadesh Sunil Gadhave was appointed as Additional Director.
Ceased
Gunjan Mahendra Doshi ceased to be CFO.
Ceased
Naresh Kanchanbhai Rana ceased to be Director.
Appointed
Jigar Mukeshbhai Shah was appointed as Managing Director.
Ceased
Varis Mahendrabhai Doshi ceased to be Managing Director.
Appointed
Dharmesh Kantilal Shah was appointed as Director.
Ceased
Gaurang Dineshbhai Patel ceased to be Director.
Appointed
Ashish Hasmukhlal Shah was appointed as Director.

15 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Tirth Plastic Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Tirth Plastic Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Tirth Plastic Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Tirth Plastic Limited

Tirth Plastic has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Tirth Plastic Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Tirth Plastic Limited

Tirth Plastic is an active public limited company based in Ahmedabad, Gujarat, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 29 September 1986 (40+ years old) and is registered under CIN L25209GJ1986PLC009021. Listed on BSE: 526675.

Tirth Plastic reported revenue of ₹9.58 Cr for FY 2025-26 based on standalone financials.

Tirth Plastic has 5 current directors:

No. Tirth Plastic has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Tirth Plastic is L25209GJ1986PLC009021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Tirth Plastic is listed on BSE with code 526675.

Tirth Plastic has 11 court cases on record: 5 filed by the company and 6 filed against it. Most are in the district courts.

Tirth Plastic was incorporated on 29 September 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Tirth Plastic by revenue are Neel Kamal Grani Marmo Private Limited, Shrimat Fabrics Limited, Plasti-Injmould (India) Ltd, Ranfloat Plastic Industries Private Limited, Shivakari Polymers Private Limited and 5 more, all in the same principal business activity (Plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Nidhi Bharatbhai Gandhi was appointed as Additional Director on 05 Feb 2026. Abhishek Sanjay Hagwane was appointed as CFO on 26 Nov 2024. Aadesh Sunil Gadhave was appointed as Additional Director on 11 Nov 2024. Tirth Plastic has 21 board changes on record in total.

Tirth Plastic can be reached through the website tirthlimited.in. Its registered office is in Ahmedabad, Gujarat, India.

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