Plastiblends India Limited

This company manufactures masterbatches and compounds used for coloring plastics, with multiple plants and international exports.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Plastiblends India Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.99 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 93.60 Cr
  • Satisfied Charges ₹ 242.20 Cr
  • Revenue Growth 6.79%
  • Profit Growth -26.83%
  • Ebitda -18.64%
  • Net Worth 3.55%
  • Total Assets -6.37%

About Plastiblends India

Plastiblends India Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 January 1991 and has a history of 34 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523648 and on the National Stock Exchange(NSE) under PLASTIBLEN.

The Company is engaged in the Manufacturing 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 25.00 Cr and a paid-up capital of Rs 12.99 Cr.

The company currently has active open charges totaling ₹93.60 Cr. The company has closed loans amounting to ₹242.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Plastiblends India Limited India are Himanshu Mhatre as COMPANY SECRETARY and Anand Mundra as Cfo. Jyoti Kabra, Varun Satyanarayan, Dharmendra Gandhi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    plastiblends.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25200MH1991PLC059943

  • Company No.

    059943

  • Stock Symbol

    BSE : 523648 NSE : PLASTIBLEN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 1991

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Plastiblends India Limited offer?

Plastiblends India Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Additive Masterbatches, Industrial Mixers & Homogenizers, Industrial Mixers, TPR Granules, Color Masterbatches, Black Masterbatches, Plastic Granules, Masterbatches, Machines & Equipments.

Who are the key members and board of directors at Plastiblends India?

Executive Team (4)

NameDesignationAppointment DateStatus
Himanshu Mhatre Country flag representing In Company Secretary02-May-2011Current
Anand Mundra Country flag representing In CFO12-Aug-2015Current
Varun Satyanarayan Country flag representing In Managing Director13-Feb-2015Current
Satyanarayan Kabra Country flag representing In Managing Director01-Jul-2008Current

Board Members (6)

NameDesignationAppointment DateStatus
Rahul Rathi Country flag representing In Director 30-Jan-2018Current
Jyoti Kabra Country flag representing In Director 11-May-2017Current
Dharmendra Gandhi Country flag representing In Director 16-Jul-2024Current
Bajrang Bagra Country flag representing In Director 07-Nov-2014Current
Meena Agrawal Country flag representing In Director 29-Jun-2020Current
Shreevallabh Kabra Country flag representing In Director 22-Jan-1991Current

Financial Performance of Plastiblends India.

Plastiblends India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.79% increase. The company also saw a substantial fall in profitability, with a 26.83% decrease in profit. The company's net worth moved up by a moderate rise of 3.55%.

Plastiblends India revenue growth over time
Plastiblends India 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
6.79%
Revenue from Operations
7.09%
Total Assets
-6.37%
Profit or Loss
-26.83%
Net Worth
3.55%
EBITDA
-18.64%

What is the Ownership and Shareholding Structure of Plastiblends India?

In 2022, Plastiblends India had a promoter holding of 63.77% and a public holding of 36.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.60 Cr

Satisfied Charges

₹242.20 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 40.00 Cr
  • Hdfc Bank Limited : 23.60 Cr
  • The Hong Kong And Shanghai Banking Corporation Limited : 20.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2021Citi Bank N.A.₹40.00 CrOpen
18 Feb 2014Others₹10.00 CrOpen
12 Dec 2012The Hong Kong And Shanghai Banking Corporation Limited₹20.00 CrOpen
20 Apr 2004Hdfc Bank Limited₹23.60 CrOpen
17 Nov 2016Yes Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Plastiblends India?

Plastiblends India has a workforce of 513 employees as of Apr 07, 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.

Employee growth trends for Plastiblends India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plastiblends India, 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 Plastiblends India'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 Plastiblends India

Recent activity within the organization

  • Annual General Meeting

    Plastiblends India Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

  • Director Appointment

    Dharmendra Kantilal Gandhi was appointed as a Director was appointed as a Director on 16 Jul 2024 & has been associated with this company since 7 months 18 days .

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 18 Feb 2014 with Charge ID 10483552 was modified on 30 May 2024.

  • Balance Sheet

    Plastiblends India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Citi Bank N.A. of Rs. 40.00 Cr registered on 30 Jun 2021 with Charge ID 100455606 was modified on 25 Jul 2022.

  • Charges

    A charge registered on 18 Dec 2011 via Charge ID 10324162 with Dbs Bank Ltd was fully satisfied on 26 Oct 2021.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Plastiblends India Limited?

    Plastiblends India Limited was incorporated on 22 Jan 1991.

  • What is authorized share capital and paid-up capital of Plastiblends India Limited?

    The authorized share capital of Plastiblends India Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.99 Cr.

  • Who are the current board members & directors of Plastiblends India Limited?

    Currently 10 directors are associated with Plastiblends India Limited.

    • Himanshu Suresh Mhatre
    • Anand Ramswaroop Mundra
    • Jyoti Varun Kabra
    • Varun Kabra Satyanarayan
    • Dharmendra Kantilal Gandhi
    • Bajrang Lal Bagra
    • Meena Shreenarayan Agrawal
    • Satyanarayan Gopilal Kabra
    • Shreevallabh Gopilal Kabra
    • Rahul Ramkumar Rathi

  • What is the registered address of Plastiblends India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Plastiblends India Limited is Fortune Terraces 10Th Floor A Wing New Link Road Opp Citi Mall, Andheri (W Est) India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Plastiblends India Limited?

    The corporate identification number (CIN) of Plastiblends India Limited is L25200MH1991PLC059943 and the company number is 059943 as per Ministry of Corporate Affairs (MCA).

  • Is Plastiblends India Limited registered with any stock exchange in India?

    Yes, Plastiblends India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PLASTIBLEN.

  • What is the official website of Plastiblends India Limited?

    The Official website of Plastiblends India Limited is https://www.plastiblends.com

  • What has been the recent revenue trend for Plastiblends India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Plastiblends India Limited has risen by 6.79%.

  • How many employees does Plastiblends India Limited currently have?

    As Per 2023 financial reports, 513 employees are currently employed by Plastiblends India Limited.

  • What change has been observed in the net worth of Plastiblends India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Plastiblends India Limited has experienced an upsurge of 3.55%.

  • What are the total open charges for Plastiblends India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Plastiblends India Limited amount to ₹ 93.60 Cr.

  • When was the last Balance Sheet of Plastiblends India Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Plastic & Resins