Tirupati Polyplast Irrigation Systems Private Limited

Tirupati Polyplast Irrigation Systems Private Limited - engineering in Jalgaon, Maharashtra, India. FY 2026 financials & compliance.
CIN U01403MH2015PTC262580 Incorporated 10 March 2015 ROC Mumbai HQ Jalgaon, Maharashtra, India
Under Insolvency Private Limited Company engineering
Data last updated
Revenue · FY 2024
₹3.52 Cr
▲ 45% YoY
Net loss · FY 2024
₹7.32 Lakh
Net margin -2.1%
EBITDA · FY 2024
₹12.19 Lakh
EBITDA margin 3.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹3.51 Cr
Satisfied ₹2.4 Cr
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings

About Tirupati Polyplast Irrigation Systems Private Limited

Data last updated:

Tirupati Polyplast Irrigation Systems Private Limited is a private limited company based in Jalgaon, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 10 March 2015.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2015PTC262580. Its GSTIN is 27AAFCT5673A1ZD (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Murlidhar Ramdas Jawale and Harish Muralidhar Jawale.

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 J – 22 MIDC Area, Jalgaon, Maharashtra, India – 425003.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.52 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹7.32 Lakh (net margin -2.1%) and EBITDA of ₹12.19 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 27% over five years.

As per MCA filings, the company has open charges of ₹3.51 Cr and satisfied charges of ₹2.4 Cr on record.

The last known website on record is tirupatigroup.net.

Company details

CIN U01403MH2015PTC262580
Registration Number 262580
Incorporation Date 10 March 2015
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Tirupati Polyplast Irrigation Systems Private Limited's registered office is in Jalgaon, Maharashtra. Its website is tirupatigroup.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    J – 22 MIDC Area, Jalgaon, Maharashtra, India – 425003
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Tirupati Polyplast Irrigation Systems Private Limited, buy the company report.

Comprehensive company report
Tirupati Polyplast Irrigation Systems 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 Tirupati Polyplast Irrigation Systems 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 Tirupati Polyplast Irrigation Systems Private Limited, buy the company report.

Financials of Tirupati Polyplast Irrigation Systems Private Limited

FY 2024 filings available

Tirupati Polyplast Irrigation Systems Private Limited reported revenue of ₹3.52 Cr (up 45% YoY) for FY 2024.

Revenue · FY 2024
₹3.52 Cr ▲ 45%
Net loss · FY 2024
₹7.32 Lakh margin -2.1%
EBITDA · FY 2024
₹12.19 Lakh margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▼ 1%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 25%
5 years · compounded
▼ 6%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 45% growth in the latest year. EBITDA fell 14% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹12.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.32 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.5%
Net Profit Margin-2.1%
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 Tirupati Polyplast Irrigation Systems Private Limited, buy the company report.

Board of directors of Tirupati Polyplast Irrigation Systems Private Limited

Tirupati Polyplast Irrigation Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Murlidhar Ramdas JawaleDirector10 Mar 201511 Years 7 MonthsAs last reported
Harish Muralidhar JawaleDirector10 Mar 201511 Years 7 MonthsAs last reported
Rupali Harish JawaleDirector15 Feb 201610 Years 8 MonthsAs last reported

Auditor

Tirupati Polyplast Irrigation Systems Private Limited is audited by J B AGARWAL & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J B AGARWAL & COFY 2022100069W

Shareholding

The shareholding of Tirupati Polyplast Irrigation Systems Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tirupati Polyplast Irrigation Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.51 Cr
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Others₹3.51 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Dec 2016100069582Others₹1.9 CrOpen
14 Dec 2016100069581Others₹1.61 CrOpen
16 Sep 2016100057033Others₹2.4 CrSatisfied

To see the full charge records of Tirupati Polyplast Irrigation Systems Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

GST

Tirupati Polyplast Irrigation Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCT5673A1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Tirupati Polyplast Irrigation Systems Private Limited, buy the company report.

Recent activity

Tirupati Polyplast Irrigation Systems Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Mangala Muralidhar Jawale ceased to be Director on 10 Aug 2018.

AGM
Tirupati Polyplast Irrigation Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tirupati Polyplast Irrigation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 16 Sep 2016 via Charge ID 100057033 with Others was fully satisfied on 10 Oct 2023.
Charges
A charge with Others of Rs. 1.90 Cr registered on 15 Dec 2016 with Charge ID 100069582 was modified on 29 Feb 2020.
Charges
A charge with Others of Rs. 1.61 Cr registered on 14 Dec 2016 with Charge ID 100069581 was modified on 29 Feb 2020.
Ceased
Mangala Muralidhar Jawale ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.90 Cr with Charge ID 100069582 was registered on 15 Dec 2016.
Charges
A charge with Others amounted to Rs. 1.61 Cr with Charge ID 100069581 was registered on 14 Dec 2016.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100057033 was registered on 16 Sep 2016.
Appointed
Rupali Harish Jawale was appointed as Director.
Appointed
Harish Muralidhar Jawale was appointed as Director.
Appointed
Murlidhar Ramdas Jawale was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Tirupati Polyplast Irrigation Systems is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Tirupati Polyplast Irrigation Systems is a company under insolvency, formerly operating as a private limited company based in Jalgaon, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 10 March 2015 and is registered under CIN U01403MH2015PTC262580. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Tirupati Polyplast Irrigation Systems has 3 current directors:

The latest financial statements of Tirupati Polyplast Irrigation Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Tirupati Polyplast Irrigation Systems is U01403MH2015PTC262580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tirupati Polyplast Irrigation Systems has open charges of ₹3.51 Cr and satisfied charges of ₹2.4 Cr as per latest MCA filings.

Tirupati Polyplast Irrigation Systems was incorporated on 10 March 2015. It is registered with the Registrar of Companies, Mumbai.

Mangala Muralidhar Jawale ceased to be Director on 10 Aug 2018. Rupali Harish Jawale was appointed as Director on 15 Feb 2016. Harish Muralidhar Jawale was appointed as Director on 10 Mar 2015. Tirupati Polyplast Irrigation Systems has 4 board changes on record in total.

Tirupati Polyplast Irrigation Systems can be reached through the website tirupatigroup.net. Its registered office is in Jalgaon, Maharashtra, India.

The registered office of Tirupati Polyplast Irrigation Systems is at J – 22 MIDC Area, Jalgaon, Maharashtra, India – 425003.