MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0010981
Vardhaman Plastochem Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹144.04 Cr
▲ 3% YoY
Net profit · FY 2025
₹3.08 Cr
Net margin 2.1%
EBITDA · FY 2025
₹9.02 Cr
EBITDA margin 6.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹54.02 Lakh
Issued & subscribed
Open charges
₹58.85 Cr
Satisfied ₹64.56 Cr
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
About Vardhaman Plastochem Private Limited
Data last updated:
Vardhaman Plastochem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 30 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1994PTC077447. Its GSTIN is 27AAACV9843R2ZC (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹54.02 Lakh. It is led by directors Mansi Vishal Sanghavi and Vishal Jaswantlal Sanghavi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kasturisanghavi Estate Govandi East, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.04 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Cr (net margin 2.1%) and EBITDA of ₹9.02 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹58.85 Cr and satisfied charges of ₹64.56 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in April 2021. 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, 4 larger and 4 smaller; the largest is Shalimar Extrusion Private Limited with revenue of ₹145.66 Cr.
Vardhaman Plastochem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0010981). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vardhman-india.com.
Company details
CIN U25209MH1994PTC077447
Registration Number 077447
Incorporation Date 30 March 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0010981
Recognitions & Rankings of Vardhaman Plastochem
Contact details
Vardhaman Plastochem Private Limited's registered office is in Mumbai, Maharashtra. Its website is vardhman-india.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKasturisanghavi Estate Govandi East, Mumbai, Maharashtra, India – 400088
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Vardhaman Plastochem Private Limited, buy the company report.
Comprehensive company report
Vardhaman Plastochem 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vardhaman Plastochem 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 Vardhaman Plastochem Private Limited, buy the company report.
Financials of Vardhaman Plastochem Private Limited
FY 2025 filings availableVardhaman Plastochem Private Limited reported revenue of ₹144.04 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹144.04 Cr ▲ 3%
Net profit · FY 2025
₹3.08 Cr margin 2.1%
EBITDA · FY 2025
₹9.02 Cr margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 4%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 5%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA rose 23% 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
| 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 | ₹9.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.08 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 | 6.3% | ||||
| 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 Vardhaman Plastochem Private Limited, buy the company report.
Board of directors of Vardhaman Plastochem Private Limited
Vardhaman Plastochem has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansi Vishal Sanghavi | Director | 09 Sep 2024 | 2 Years 1 Months | Current |
| Vishal Jaswantlal Sanghavi Also directs: Cosmoplast Polycontainer LLP, Visang Life Science LLP, Cosmoplast Packaging Private Limited and 2 more | Director | 06 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Vardhaman Plastochem Private 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 |
|---|---|---|---|---|---|---|
| Shalimar Extrusion Private Limited | ₹145.66 Cr (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Sperene Compounding Private Limited | ₹145.17 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Arun Plasto Moulders (India) Private Limited | ₹145.14 Cr (FY 2025) | 13.0% | Tamil Nadu, India | |||
| Polyset Plastics Private Limited | ₹144.74 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Vardhaman Plastochem Private Limitedthis company | ₹144.04 Cr (FY 2025) | ₹3.08 Cr | 2.1% | 3.0% | Mumbai, Maharashtra, India | |
| Swashthik Plascon Limited | ₹143.8 Cr (FY 2025) | 7.0% | Puducherry, India | |||
| Aadi Plastic Industries Private Limited | ₹143.14 Cr (FY 2025) | 11.0% | Kolhapur, Maharashtra, India | |||
| Axiom Cordages Limited | ₹142.13 Cr (FY 2023) | 15.0% | Thane, Maharashtra, India | |||
| Omega Plasto Limited | ₹141.64 Cr (FY 2025) | 3.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Vardhaman Plastochem Private Limited, buy the company report.
Auditor
Vardhaman Plastochem Private Limited is audited by KAMDAR DESAI & PATEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMDAR DESAI & PATEL | FY 2023 | 104664W |
Shareholding
The shareholding of Vardhaman Plastochem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vardhaman Plastochem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58.85 Cr
Satisfied charges
₹64.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2025 | 101041235 | Others | ₹29 Cr | Open | |
| 18 Nov 2024 | 101006486 | Others | ₹29 Cr | Open | |
| 10 Apr 2023 | 100744984 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 15 Dec 2021 | 100515882 | Axis Bank Limited | ₹25 Lakh | Open | |
| 02 Dec 2019 | 100310194 | Axis Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Vardhaman Plastochem Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Vardhaman Plastochem Private Limited has 5 deals on record (5 secondary share transfers); the latest was in April 2021.
Total deals
5
Secondary share transfers
5
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2020 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vardhaman Plastochem Private Limited has 3 court cases on record: 2 filed by Vardhaman Plastochem, 1 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Hindustan Petroleum Corporation Limited (H.P.C.L.) | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Hindustan Petroleum Corporation Limited (H.P.C.L.) | Disposed |
| District court, Valsad, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
To see the full case history of Vardhaman Plastochem 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.
Credit ratings & regulatory alerts
Vardhaman Plastochem Private Limited was last rated by Crisil on 11 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Nov 2020 |
To see the full credit ratings and regulatory alerts of Vardhaman Plastochem Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vardhaman Plastochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhaman Plastochem has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV9843R2ZC | Maharashtra | Active | 19 Jul 2017 |
| 24AAACV9843R1ZJ | Gujarat | Active | 21 Sep 2017 |
| 26AAACV9843R1ZF | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Vardhaman Plastochem Private Limited, buy the company report.
Recent activity
Vardhaman Plastochem Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Mansi Vishal Sanghavi ceased to be Additional Director on 29 Sep 2024.
AGM
Vardhaman Plastochem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vardhaman Plastochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 29.00 Cr with Charge ID 101041235 was registered on 25 Jan 2025.
Charges
A charge registered on 12 May 1999 via Charge ID 90165326 with State Bank Of India was fully satisfied on 27 Nov 2024.
Charges
A charge with Others amounted to Rs. 29.00 Cr with Charge ID 101006486 was registered on 18 Nov 2024.
Ceased
Mansi Vishal Sanghavi ceased to be Additional Director.
Appointed
Mansi Vishal Sanghavi was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100744984 was registered on 10 Apr 2023.
Ceased
Ketan Kantilal Shah ceased to be Director.
Ceased
Sanjay Maneklal Shah ceased to be Director.
Appointed
Vishal Jaswantlal Sanghavi was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100515882 was registered on 15 Dec 2021.
31 earlier events are in the company report.
Frequently asked questions
Vardhaman Plastochem is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 30 March 1994 (32+ years old) and is registered under CIN U25209MH1994PTC077447.
Vardhaman Plastochem has 2 current directors:
- Mansi Vishal Sanghavi - Director
- Vishal Jaswantlal Sanghavi - Director
The latest financial statements of Vardhaman Plastochem on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vardhaman Plastochem is 27AAACV9843R2ZC, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACV9843R1ZJ (Gujarat), 26AAACV9843R1ZF (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Vardhaman Plastochem is U25209MH1994PTC077447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhaman Plastochem has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Vardhaman Plastochem was incorporated on 30 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Vardhaman Plastochem has 5 deals on record (5 secondary share transfers); the latest was in April 2021.
The peers of Vardhaman Plastochem by revenue are Shalimar Extrusion Private Limited, Sperene Compounding Private Limited, Arun Plasto Moulders (India) Private Limited, Polyset Plastics Private Limited, Swashthik Plascon 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).
Mansi Vishal Sanghavi ceased to be Additional Director on 29 Sep 2024. Mansi Vishal Sanghavi was appointed as Director on 09 Sep 2024. Ketan Kantilal Shah ceased to be Director on 06 Dec 2022. Vardhaman Plastochem has 11 board changes on record in total.
Yes, Vardhaman Plastochem is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0010981).