Texplast Industries Limited

Manufacturer and exporter of FIBC, woven sacks, HDPE jumbo bags, and other polymer-based packaging products.

1970 | Thane, Maharashtra (India) | Under Insolvency
Last Updated: January 16, 2025

Texplast Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.11 Cr
  • Company Age 54 Year, 1 Month
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 75.50 Cr
  • Satisfied Charges ₹ 26.09 Cr
  • Revenue Growth -83.70%
  • Profit Growth 13.84%
  • Ebitda 97.18%
  • Net Worth -0.68%
  • Total Assets -7.96%

About Texplast Industries

Texplast Industries Limited (TIL) is Under Cirp company established on 31 Dec 1970 with its office registered at Thane, Maharashtra, India and has been running since 54 Year, 1 Month with a paid up capital of 5.11 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    texplast.co.ke

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27100MH1970PLC014933

  • Company No.

    014933

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 1970

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Packaging

Who are the key members and board of directors at Texplast Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Sukumar Shah Country flag representing In Managing Director01-Jun-1972Current
Ved Panday Country flag representing In CFO30-May-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Anup Jhunjhunwala Country flag representing In Director 30-Apr-2016Current
Hetal Rajyagor Country flag representing In Director 30-May-2017Current

Financial Performance of Texplast Industries.

Texplast Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 83.7% decrease. The company also saw a substantial improvement in profitability, with a 13.84% increase in profit. The company's net worth dipped by a decrease of 0.68%.

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
-83.70%
Revenue from Operations
-84.49%
Total Assets
-7.96%
Profit or Loss
13.84%
Net Worth
-0.68%
EBITDA
97.18%

What is the Ownership and Shareholding Structure of Texplast Industries?

In 2021, Texplast Industries had a promoter holding of 63.32% and a public holding of 36.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.50 Cr

Satisfied Charges

₹26.09 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 75.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2007Indian Overseas Bank₹32.89 CrOpen
24 Jul 2007Indian Overseas Bank₹42.61 CrOpen
29 Dec 2004The South Indian Bank Liminited₹1.00 CrSatisfied
20 Dec 2004The South Indian Bank Limited₹1.00 CrSatisfied
22 Mar 2002The South Indian Bank Liminited₹2.00 MSatisfied

How Many Employees Work at Texplast Industries?

Unlock and access historical data on people associated with Texplast Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Texplast Industries, 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 Texplast Industries'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 Texplast Industries

Recent activity within the organization

  • Annual General Meeting

    Texplast Industries Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Texplast Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Hetal Jigar Rajyagor was appointed as a Director was appointed as a Director on 30 May 2017 & has been associated with this company since 7 years 8 months .

    30 May 2017

  • Director Appointment

    Ved Prakash Panday was appointed as a Cfo was appointed as a Cfo on 30 May 2017 & has been associated with this company since 7 years 8 months .

    30 May 2017

  • Director Appointment

    Anup Murarilal Jhunjhunwala was appointed as a Director was appointed as a Director on 30 Apr 2016 & has been associated with this company since 8 years 9 months .

    30 Apr 2016

  • Charges

    A charge with Indian Overseas Bank of Rs. 42.61 Cr registered on 24 Jul 2007 with Charge ID 10063792 was modified on 02 Sep 2013.

    02 Sep 2013

Frequently asked questions

  • Texplast Industries Limited was incorporated on 31 Dec 1970.

  • The authorized share capital of Texplast Industries Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.11 Cr.

  • Currently 4 directors are associated with Texplast Industries Limited.

    • Sukumar Nandalal Shah
    • Anup Murarilal Jhunjhunwala
    • Hetal Jigar Rajyagor
    • Ved Prakash Panday
  • As per Ministry of Corporate Affairs (Mca), the registered address of Texplast Industries Limited is Gut No 39/40Village Nehroli Taluka Wada India, Thane, Maharashtra, 421312.

  • The corporate identification number (CIN) of Texplast Industries Limited is L27100MH1970PLC014933 and the company number is 014933 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Texplast Industries Limited is https://www.texplast.co.ke

  • According to the financial reports for the fiscal year 2021, the revenue trend for Texplast Industries Limited has fallen by -83.70%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Texplast Industries Limited has experienced an downturn of -0.68%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Texplast Industries Limited amount to ₹ 75.50 Cr.

  • The most recent Balance Sheet for Texplast Industries Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Woven Packaging Products