Promoter holding
64.27%
PP
Prima Plastics Limited - Due diligence report
A 360° intelligence report on Prima Plastics Limited: trust score, financial health, credit view, compliance, directors, growth and distress…
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Prima Plastics Limited — 360° Intelligence Report
Generated from MCA filings & public records73/100
Trust Score
Moderate
Prima Plastics Limited is assessed as Moderate with a Trust Score of 73/100. Prima Plastics Limited is an active public limited indian non-government company incorporated in 1993, operating in the Manufacturing 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 18 Jul 2026 from the latest processed filings. Prima Plastics 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
73/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
48/100
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
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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 (BBB).
Charges position: 3 open (47.81 cr) · 5 satisfied (57.35 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 3 | 48.0 cr |
| Corporation Bank | 3 | 48.0 cr |
| Citi Bank N.A. | 1 | 48.0 cr |
| Oman Interrnational Bank | 1 | 48.0 cr |
Compliance Score: 48/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: BSE, DSE.
- Litigation present in 2 court forum(s).
- Delayed payments to MSME suppliers disclosed (12 disclosure(s)).
- 13 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 45/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SNEHAL NATVARLAL MUZOOMDAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHAILESH SANMUKHLAL SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DHARMESH RAMESH SACHADE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HINA MEHTA VIJAY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHASKAR PAREKH MANHARLAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DAXA JAWAHAR BAXI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DILIP PAREKH MANHARLAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Nehal Goyal | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 8 directors on the board.
- DAXA JAWAHAR BAXI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 3 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2025)
| 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
-
Group entities
-
Capital events
-
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Prima Union Plasticos S.a. | Subsidiary Company | 74.00% |
| Prima Dee-lite Plastics Sarl | Joint Ventures | 74.00% |
Key managerial personnel: DHARMESH RAMESH SACHADE (CFO) · BHASKAR PAREKH MANHARLAL (Whole-time director) · DILIP PAREKH MANHARLAL (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 80 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Asset base grew 24% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 32+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (48/100).
3 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 8.69 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment83/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 3 open charge(s) of 47.81 cr already registered.
- Compliance gaps should be priced into terms.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events16 Feb 2026
Director appointed
Nehal Goyal (Company Secretary)
12 Aug 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
11 Mar 2025
Charge satisfied
Citi Bank N.A.
21 Sep 2024
Director ceased
RASIKLAL MANSUKHLAL DOSHI
Director ceased
KRISHNA KANT VANRAVAN DAS CHITALIA
10 Aug 2023
Director ceased
DAXA JAWAHAR BAXI
29 May 2023
Director appointed
DAXA JAWAHAR BAXI (Director)
27 Jun 2022
Charge created
Others - 65.74 Lakh
14 Apr 2022
Charge created
Others - 65.74 Lakh
28 Sep 2020
Director ceased
SHAILESH SANMUKHLAL SHAH
13 Feb 2020
Director ceased
BHASKAR PAREKH MANHARLAL
13 Nov 2019
Director appointed
SHAILESH SANMUKHLAL SHAH (Director)
01 Oct 2019
Director ceased
MULCHAND SHAMJI CHHEDA
03 Aug 2019
Director ceased
SNEHAL NATVARLAL MUZOOMDAR
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
8 active director(s) / partner(s); review board churn before relying on management continuity.
13 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BBB from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority 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.
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| Eswar Rubber Products Private Limited | U02519TZ1995PTC006804 | Salem, Tamil Nadu, India |
| Dolfin | L25112PB1995PLC017160 | Ludhiana, Punjab, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Prima Plastics Limited before audits and certifications: compliance score 48/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Prima Plastics Limited: 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 80/100, margin trends, ownership structure and peer set for Prima Plastics Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 73/100, distress signals and MSME payment-delay disclosures - know whether Prima Plastics Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Prima Plastics Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Prima Plastics Limited an active company?
Prima Plastics Limited has MCA status “Active” with a compliance score of 48/100 (Caution Indicated).
Is Prima Plastics Limited financially healthy?
Prima Plastics Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Prima Plastics Limited?
Its overall Trust Score is 73/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Prima Plastics Limited?
Promoters hold a majority stake - exact percentages are in the full report. 8 active director(s) are on record.
Does Prima Plastics Limited have loans or charges against its assets?
3 open charge(s) are registered against its assets, and 5 earlier charge(s) stand satisfied.
Is Prima Plastics Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 48/100 (Caution Indicated).
Is it risky to lend to Prima Plastics Limited?
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.
