Ecoplast Limited

Manufacturer of co-extruded plastic film for packaging and industrial use, with global exports.

1981 | Valsad, Gujarat (India) | Active
Last Updated: November 16, 2024

Ecoplast Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.39 Cr
  • Satisfied Charges ₹ 41.99 Cr
  • Revenue Growth 5.22%
  • Profit Growth 355.39%
  • Ebitda 1661.07%
  • Net Worth 12.04%
  • Total Assets -19.26%

About Ecoplast

Ecoplast Limited (EL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 May 1981 and has a history of 43 years and eight months. Its registered office is in Valsad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526703.

The Corporate was formerly known as Ecoplast Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹21.39 Cr. The company has closed loans amounting to ₹41.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ecoplast Limited India are Setu Parikh as CFO and Rakesh Kumavat as Company Secretary. Dhananjay Desai, Jaymin Desai, Charulata Patel, and Six other members serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25200GJ1981PLC004375

  • Company No.

    004375

  • Stock Symbol

    BSE : 526703

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1981

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Ecoplast Limited offer?

Ecoplast Limited offers a wide range of products and services, including Packaging Films & Foils, Protective Film.

Who are the key members and board of directors at Ecoplast?

Executive Team (3)

Name Designation Appointment Date Status
Rakesh Kumavat Country flag representing In Company Secretary 13-Dec-2021 Current
Jaymin Desai Country flag representing In Managing Director 23-Jun-1990 Current
Setu Parikh CFO Current

Board Members (8)

Name Designation Appointment Date Status
Ravi Mehta Country flag representing In Whole-Time Director 20-Jun-2024 Current
Jay Shroff Country flag representing In Director 20-Jun-2024 Current
Bikash Tarafdar Country flag representing In Director 20-Jun-2024 Current
Atul Baijal Country flag representing In Whole-Time Director 11-Feb-2021 Current
Dhananjay Desai Country flag representing In Director 20-Jan-2006 Current
Charulata Patel Country flag representing In Director 08-Nov-2014 Current

Financial Performance of Ecoplast.

Ecoplast Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.22% increase. The company also saw a substantial improvement in profitability, with a 355.39% increase in profit. The company's net worth Soared by an impressive increase of 12.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
5.22%
Revenue from Operations
2.02%
Total Assets
-19.26%
Profit or Loss
355.39%
Net Worth
12.04%
EBITDA
1661.07%

What is the Ownership and Shareholding Structure of Ecoplast?

In 2023, Ecoplast had a promoter holding of 68.40% and a public holding of 31.60%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.39 Cr

Satisfied Charges

₹41.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.94 Cr
  • Axis Bank Limited : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
15 Jan 2020 Axis Bank Limited ₹4.49 M Open
12 Mar 2007 Others ₹20.94 Cr Open
05 Apr 2023 Others ₹2.30 M Satisfied
15 May 2004 Union Bank Of India ₹1.33 Cr Satisfied
15 May 2004 Union Bank Of India ₹1.33 Cr Satisfied

How Many Employees Work at Ecoplast?

Ecoplast has a workforce of 132 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ecoplast, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ecoplast's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ecoplast

Recent activity within the organization

  • Annual General Meeting

    Ecoplast Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

    16 Aug 2024

  • Director Appointment

    Bikash Ranjan Tarafdar was appointed as a Director was appointed as a Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Director Appointment

    Jay Ketan Shroff was appointed as a Director was appointed as a Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Director Appointment

    Aditya Nitinkumar Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Director Appointment

    Monil Vijay Shah was appointed as a Director was appointed as a Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Director Appointment

    Ravi Amulbhai Mehta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

Frequently asked questions

  • Ecoplast Limited was incorporated on 07 May 1981.

  • The authorized share capital of Ecoplast Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 11 directors are associated with Ecoplast Limited.

    • Dhananjay Thakorbhai Desai
    • Jaymin Balwantrai Desai
    • Charulata Nitin Patel
    • Bikash Ranjan Tarafdar
    • Jay Ketan Shroff
    • Atul Jai Kishandas Baijal
    • Aditya Nitinkumar Patel
    • Setu Rushi Parikh
    • Rakesh Kumavat
    • Monil Vijay Shah
    • Ravi Amulbhai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ecoplast Limited is N H Road No 8 Water Works Cross Abrama India, Valsad, Gujarat, 396001.

  • The corporate identification number (CIN) of Ecoplast Limited is L25200GJ1981PLC004375 and the company number is 004375 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ecoplast Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ecoplast Limited is https://www.ecoplastindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ecoplast Limited has risen by 5.22%.

  • As Per 2023 financial reports, 132 employees are currently employed by Ecoplast Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ecoplast Limited has experienced an upsurge of 12.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ecoplast Limited amount to ₹ 21.39 Cr.

  • The most recent Balance Sheet for Ecoplast Limited was filed with the ROC on 31 Mar 2024.

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