Promoter holding
64.27%
EL
Ecoplast Limited - Due diligence report
A 360° intelligence report on Ecoplast: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Ecoplast — 360° Intelligence Report
Generated from MCA filings & public records67/100
Trust Score
Moderate
Ecoplast is assessed as Moderate with a Trust Score of 67/100. Ecoplast is an active public limited indian non-government company incorporated in 1981, operating in the Packaging sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 31 Jul 2026 from the latest processed filings. Ecoplast Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
67/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
42/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
35/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (A3).
Charges position: 1 open (20.94 cr) · 15 satisfied (42.44 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Union Bank Of India | 13 | 48.0 cr |
| Others | 2 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
Compliance Score: 42/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: BSE.
- Litigation present in 3 court forum(s).
- Delayed payments to MSME suppliers disclosed (88 disclosure(s)).
- 2 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 35/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| Setu Rushi Parikh | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ATUL JAI KISHANDAS BAIJAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAVI AMULBHAI MEHTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ADITYA NITINKUMAR PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Priyal Vora | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SETU RUSHI PARIKH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAYESH JASHVANTLAL SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAKESH KUMAR KUMAWAT | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Monil Vijay Shah | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rakesh Kumavat | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BIKASH RANJAN TARAFDAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAYMIN BALWANTRAI DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHARULATA NITIN PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAY KETAN SHROFF | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rakesh Kumar Kumawat | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 15 directors on the board.
- BIKASH RANJAN TARAFDAR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 6 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
1
Capital events
-
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Synergy Films Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: Setu Rushi Parikh (CFO) · ATUL JAI KISHANDAS BAIJAL (Whole-time director) · RAVI AMULBHAI MEHTA (Whole-time director) · ADITYA NITINKUMAR PATEL (Whole-time director) · SETU RUSHI PARIKH (CFO) · JAYMIN BALWANTRAI DESAI (Managing Director) · JAY KETAN SHROFF (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Asset base grew 24% - capacity expansion.
Operating for 45+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 0.86 in a year.
3 director exits within 2 years.
Compliance score is weak (42/100).
1 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 3.63 cr.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence58/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment82/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 1 open charge(s) of 20.94 cr already registered.
- Compliance gaps should be priced into terms.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events01 Jan 2026
Director appointed
JAYESH JASHVANTLAL SHAH (Additional Director)
12 Aug 2025
Last AGM held
Annual general meeting
11 Aug 2025
Director ceased
Priyal Vora
01 Jun 2025
Director appointed
Priyal Vora (Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
11 Jan 2025
Charge satisfied
Axis Bank Limited
15 Aug 2024
Director ceased
Monil Vijay Shah
Director ceased
JAY KETAN SHROFF
01 Jun 2024
Director appointed
RAVI AMULBHAI MEHTA (Whole-time director)
Director appointed
ADITYA NITINKUMAR PATEL (Whole-time director)
Director appointed
Monil Vijay Shah (Director)
Director appointed
BIKASH RANJAN TARAFDAR (Director)
Director appointed
JAY KETAN SHROFF (Whole-time director)
Director ceased
RAVI AMULBHAI MEHTA
Director ceased
ADITYA NITINKUMAR PATEL
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
15 active director(s) / partner(s); review board churn before relying on management continuity.
2 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A3 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Jumbo Bags | L36991TN1990PLC019944 | Chennai, Tamil Nadu, India |
| Ckjpearl | U15532DL1982PLC014664 | New Delhi, Delhi, India |
| Nemilon Metallic Private Limited | U17299GJ2020PTC113157 | Surat, Gujarat, India |
| Shish | L25209GJ2017PLC097273 | Surat City, Gujarat, India |
| Kumaran Filaments Private Limited | U05004TN2009PTC071078 | Nagercoil, Tamil Nadu, India |
| Clear Polyplast India Private Limited | U17226MH1986PTC040925 | Mumbai, Maharashtra, India |
| Maris Associates Private Limited | U22121TN1987PTC014548 | ,Tuticorin 628001., Tamil Nadu, India |
| Rikki Plastic | U25201HR1999PTC034378 | Faridabad, Haryana, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Ecoplast before audits and certifications: compliance score 42/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Ecoplast: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Ecoplast - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 67/100, distress signals and MSME payment-delay disclosures - know whether Ecoplast pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Ecoplast - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Ecoplast an active company?
Ecoplast has MCA status “Active” with a compliance score of 42/100 (Caution Indicated).
Is Ecoplast financially healthy?
Ecoplast has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Ecoplast?
Its overall Trust Score is 67/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Ecoplast?
Promoters hold a minority stake - exact percentages are in the full report. 15 active director(s) are on record.
Does Ecoplast have loans or charges against its assets?
1 open charge(s) are registered against its assets, and 15 earlier charge(s) stand satisfied.
Is Ecoplast up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 42/100 (Caution Indicated).
Is it risky to lend to Ecoplast?
Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
