About Union Quality Plastics Limited
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Union Quality Plastics Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 28 July 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25209MH1984PLC033595. Its GSTIN is 24AAACU3472D1ZO (Gujarat). The company holds 6 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (526799) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.93 Cr. It was formerly known as Union Quality Plastics Private Limited. It is led by directors including Jeethendra Singh Goud (Managing Director) and Karthik Singh Javvari K.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.75 Cr (net margin 62.2%) and EBITDA of ₹3.93 Cr (EBITDA margin 65.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 30% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Union Quality Plastics. As per MCA filings, the company has satisfied charges of ₹16.75 Cr on record. Court records list 71 cases involving the company, including 24 filed by the company and 47 filed against it; 13 cases are pending. The company has 1 deal on record (1 market trade); the latest was in February 2014. Its 8 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 5 smaller; the largest is Mallelil Polymers Private Limited with revenue of ₹6.08 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unionqualityplastics.com.
Company details
CIN history
Union Quality Plastics has one previous CIN (Corporate Identification Number): U25209MH1984PLC033595. The current CIN is L25209MH1984PLC033595, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH1984PLC033595 | Current |
| U25209MH1984PLC033595 | Previous |
Contact details
Union Quality Plastics Limited's registered office is in Mumbai, Maharashtra. Its website is unionqualityplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address209/A Shyam Kamal B Chs Ltd Agarwal Market Tejpal Rd Vile Parle Ea, St, Mumbai, Maharashtra, India – 400057
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Union Quality Plastics 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
Union Quality Plastics operates one associated brand: Union Quality Plastics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of plastic packaging products | unionqualityplastics.com |
Business activity
The main business activity of Union Quality 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 |
Financials of Union Quality Plastics Limited
FY 2025 filings availableUnion Quality Plastics Limited reported revenue of ₹6.04 Cr (up 8809% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years. 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 | ₹6.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.75 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 | 65.1% | ||||
| Net Profit Margin | 62.2% | ||||
| 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 Union Quality Plastics Limited, buy the company report.
Board of directors of Union Quality Plastics Limited
Union Quality Plastics has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthik Singh Javvari K Also directs: Gokul Kisan Mart Agri Private Limited | Director | 28 May 2018 | 8 Years 5 Months | Current |
| Jeethendra Singh Goud | Managing Director | 13 Nov 2021 | 4 Years 11 Months | Current |
| Ramu Gunjarla | Additional Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Kiran Bai Jaweripotival Also directs: Rysa Precision CNC LLP | Additional Director | 05 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Union Quality Plastics Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Mallelil Polymers Private Limited | ₹6.08 Cr (FY 2018) | 25.0% | Pathanamthitta, Kerala, India | |||
| Eureka Ropes Private Limited | ₹6.07 Cr (FY 2025) | -4.0% | Miraj, Maharashtra, India | |||
| Dakshin Plastics Private Limited | ₹6.05 Cr (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Union Quality Plastics Limitedthis company | ₹6.04 Cr (FY 2025) | ₹3.75 Cr | 62.2% | 8809.0% | 3 | Mumbai, Maharashtra, India |
| Clean Box Containers Ind Private Limited | ₹6.03 Cr (FY 2025) | 44.0% | Sanand, Gujarat, India | |||
| Mangal Shree Polyplast Private Limited | ₹6.03 Cr (FY 2024) | 13.0% | Indore, Madhya Pradesh, India | |||
| Krupa Plastic Industries Private Limited | ₹6.03 Cr (FY 2025) | 18.0% | Santej, Gujarat, India | |||
| Jas Aluplast Private Limited | ₹6.02 Cr (FY 2024) | 32.0% | Mumbai, Maharashtra, India | |||
| Flexipack Polymers Private Limited | ₹5.99 Cr (FY 2025) | 229.0% | Delhi, India |
To see the full peer comparison of Union Quality Plastics Limited, buy the company report.
Auditor
Union Quality Plastics Limited is audited by N S V R ASSOCIATES & LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S V R ASSOCIATES & LLP | FY 2023 | 008801S/S200060 |
Shareholding
The shareholding of Union Quality Plastics 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 Union Quality Plastics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2012 | 10334048 | Others | ₹3.4 Cr | Satisfied | |
| 31 Mar 1999 | 80049060 | Development Credit Bank Limited | ₹6 Cr | Satisfied | |
| 31 Mar 1998 | 80049058 | Developmant Credit Bank Limtied | ₹2.25 Cr | Satisfied | |
| 26 Feb 1998 | 80049057 | Development Credit Bank Limited | ₹50 Lakh | Satisfied | |
| 16 Feb 1998 | 80049059 | Development Credit Bank Limited | ₹50.96 Lakh | Satisfied |
To see the full charge records of Union Quality Plastics Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Union Quality Plastics Limited has 1 deal on record (1 market trade); the latest was in February 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Market trade | ₹6.4 Lakh | Buyer: an individual Seller: CRB Trustee Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Union Quality Plastics Limited has 71 court cases on record: 24 filed by Union Quality Plastics, 47 filed against it. 13 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 24 | 8 |
| High courts | 27 | 11 | 5 |
| NCLT | 6 | 6 | 0 |
| NCLAT | 4 | 4 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Karur Vysya Bank Ltd, and 3 others | Pending |
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Rishabh Triexim LLP Rep by Swaroop J.Bagrecha | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Indian Oxides and Chemicals Ltd., | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Suprabha Dhaturaksha Products Pvt Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Sumiran Masterbatch Private Limited | Disposed |
To see the full case history of Union Quality Plastics 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 Union Quality Plastics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Union Quality Plastics Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Union Quality Plastics has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACU3472D1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Union Quality Plastics Limited, buy the company report.
Recent activity
Union Quality Plastics Limited has 36 board changes on record since 1984: 20 appointments and 16 cessations. The latest: Kiran Bai Jaweripotival was appointed as Additional Director on 05 Sep 2022.
56 earlier events are in the company report.
Frequently asked questions
Union Quality Plastics is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 28 July 1984 (42+ years old) and is registered under CIN L25209MH1984PLC033595.
Union Quality Plastics has 4 current directors:
- Jeethendra Singh Goud - Managing Director
- Karthik Singh Javvari K - Director
- Ramu Gunjarla - Additional Director
- Kiran Bai Jaweripotival - Additional Director
The latest financial statements of Union Quality Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Union Quality Plastics is 24AAACU3472D1ZO, registered in Gujarat. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Union Quality Plastics is L25209MH1984PLC033595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Union Quality Plastics is recorded as a listed company by MCA, but trading in its shares on BSE (526799) has been suspended, so they do not currently trade on a stock exchange.
Union Quality Plastics has 71 court cases on record: 24 filed by the company and 47 filed against it. 13 are pending. Most are in the district courts.
Union Quality Plastics was incorporated on 28 July 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Union Quality Plastics has 1 deal on record (1 market trade); the latest was in February 2014.
The peers of Union Quality Plastics by revenue are Mallelil Polymers Private Limited, Eureka Ropes Private Limited, Dakshin Plastics Private Limited, Clean Box Containers Ind Private Limited, Mangal Shree Polyplast Private Limited and 3 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).
Kiran Bai Jaweripotival was appointed as Additional Director on 05 Sep 2022. Pavan Singh Jaweri Potiwal ceased to be Director on 05 Sep 2022. Ramu Gunjarla was appointed as Additional Director on 05 Sep 2022. Union Quality Plastics has 36 board changes on record in total.
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