Mpl Plastics Limited

Manufacturer of plastic household and kitchenware products, including vacuum flasks and vessels.

1992 | Mira Road East, Maharashtra (India) | Active
Last Updated: June 21, 2024

Mpl Plastics Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.50 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 144.21 Cr
  • Revenue Growth -38.48%
  • Profit Growth -97.48%
  • Ebitda 71.70%
  • Net Worth 25.39%
  • Total Assets -1.99%

About Mpl Plastics

Mpl Plastics Limited (MPL) is a Public Limited Indian Non-Government Company incorporated in India on 01 May 1992 and has a history of 32 years and nine months. Its registered office is in Mira Road East, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526143.

The Corporate was formerly known as Milton Plastics Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 12.50 Cr.

The company has closed loans amounting to ₹144.21 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mpl Plastics Limited India is Milan Bhaya as CFO. Madhup Vaghani, Devendra Negi, Gopal Malpani, and One other member serve as directors at the Company.

Company Details

  • Location

    Mira Road East, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L25209MH1992PLC066635

  • Company No.

    066635

  • Stock Symbol

    BSE : 526143

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1992

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Mpl Plastics?

Executive Team (1)

NameDesignationAppointment DateStatus
Milan Bhaya CFO22-Sep-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Madhup Vaghani Country flag representing In Whole-Time Director 01-May-1992Current
Devendra Negi Country flag representing In Director 30-Sep-2022Current
Gopal Malpani Country flag representing In Director 11-Apr-2022Current
Radhika Rane Country flag representing In Director 14-Aug-2018Current

Financial Performance of Mpl Plastics.

Mpl Plastics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.48% decrease. The company also saw a substantial fall in profitability, with a 97.48% decrease in profit. The company's net worth Soared by an impressive increase of 25.39%.

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
-38.48%
Revenue from Operations
Total Assets
-1.99%
Profit or Loss
-97.48%
Net Worth
25.39%
EBITDA
71.70%

What is the Ownership and Shareholding Structure of Mpl Plastics?

In 2022, Mpl Plastics had a promoter holding of 24.01% and a public holding of 75.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹144.21 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 43.78 Cr
  • State Bank Of Saurashtra : 32.26 Cr
  • Standard Chartered Bank : 20.00 Cr
  • Itz Online Financial Services Private Limited : 16.90 Cr
  • Industrial Development Bank Of India : 11.00 Cr
  • Others : 20.27 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 1999Industrial Development Bank Of India₹5.00 CrSatisfied
14 Sep 1999Itz Online Financial Services Private Limited₹2.00 CrSatisfied
18 Feb 1999Industrial Development Bank Of India₹5.00 CrSatisfied
12 Feb 1999Dena Bank₹2.00 CrSatisfied
26 Jun 1998Ifci Limited₹10.00 CrSatisfied

How Many Employees Work at Mpl Plastics?

Mpl Plastics has a workforce of 1 employees as of Mar 26, 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 Mpl Plastics, 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 Mpl Plastics'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 Mpl Plastics

Recent activity within the organization

  • Annual General Meeting

    Mpl Plastics Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Director Appointment

    Milan Bhogilal Bhaya was appointed as a Cfo was appointed as a Cfo on 22 Sep 2023 & has been associated with this company since 1 year 4 months .

    22 Sep 2023

  • Balance Sheet

    Mpl Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 14 Sep 1999 via Charge ID 80042826 with Itz Online Financial Services Private Limited was fully satisfied on 05 Oct 2022.

    05 Oct 2022

  • Charges

    A charge registered on 12 Jan 1995 via Charge ID 80042827 with Itz Online Financial Services Private Limited was fully satisfied on 05 Oct 2022.

    05 Oct 2022

  • Charges

    A charge registered on 12 Jan 1995 via Charge ID 80042828 with Itz Online Financial Services Private Limited was fully satisfied on 05 Oct 2022.

    05 Oct 2022

Frequently asked questions

  • Mpl Plastics Limited was incorporated on 01 May 1992.

  • The authorized share capital of Mpl Plastics Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.50 Cr.

  • Currently 5 directors are associated with Mpl Plastics Limited.

    • Madhup Bansilal Vaghani
    • Devendra Kumar Negi
    • Gopal Ajay Malpani
    • Radhika Sameer Rane
    • Milan Bhogilal Bhaya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mpl Plastics Limited is 2 Ashish Warehouse Punjab Foundry Indl Est., Nr.Classic Studio Mira Bhayander Road Kashimira, Mira Road East, Maharashtra, India, 401104.

  • The corporate identification number (CIN) of Mpl Plastics Limited is L25209MH1992PLC066635 and the company number is 066635 as per Ministry of Corporate Affairs (MCA).

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

  • The Official website of Mpl Plastics Limited is https://www.mplindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mpl Plastics Limited has fallen by -38.48%.

  • As Per 2023 financial reports, 1 employees are currently employed by Mpl Plastics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mpl Plastics Limited has experienced an upsurge of 25.39%.

  • The most recent Balance Sheet for Mpl Plastics Limited was filed with the ROC on 31 Mar 2023.

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