Promoter holding
64.27%
TP
Tpl Plastech Limited - Due diligence report
A 360° intelligence report on Tpl Plastech: trust score, financial health, credit view, compliance, directors, growth and distress signals -…
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
Tpl Plastech — 360° Intelligence Report
Generated from MCA filings & public records79/100
Trust Score
Low Risk
Tpl Plastech is assessed as Low Risk with a Trust Score of 79/100. Tpl Plastech is an active public limited indian non-government company incorporated in 1992, 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 moderate compliance risk and low financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Tpl Plastech 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 ScoreLow Risk
79/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
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
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 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: 85/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Open charges exceed net worth - secured lenders rank ahead.
- Moderate gearing (D/E 1.42).
- Profitable - internal accruals available.
- Externally credit-rated (A).
Charges position: 4 open (161.50 cr) · 12 satisfied (113.63 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Idbi Bank Limited | 7 | 48.0 cr |
| Hdfc Bank Limited | 2 | 48.0 cr |
| Icici Bank Limited | 3 | 48.0 cr |
| Standard Chartered Bank (Acting As A Security Agent) | 1 | 48.0 cr |
| State Bank Of India | 1 | 48.0 cr |
| Others | 1 | 48.0 cr |
Compliance Score: 50/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: DSE.
- Litigation present in 3 court forum(s).
- 5 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MAHINDERKUMAR WADHWA DAYANAND | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MONIKA SRIVASTAVA YATEESH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANGESH SARFARE GOPAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SURYA PRATAP GUPTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PAWAN AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DEEPAK BAKHSHI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAYESH AJITKUMAR ASHAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANJAYA SHRIKRISHNA KULKARNI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Hemant Kumar Soni | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Jayesh Ajitkumar Ashar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 10 directors on the board.
- No disqualified or deactivated DINs.
- 3 director exit(s) in the last 3 years.
- 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
Time Technoplast Limited
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Time Technoplast Limited | Holding Company | 74.00% |
Key managerial personnel: PAWAN AGARWAL (CFO) · JAYESH AJITKUMAR ASHAR (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
EPFO headcount growing - hiring signal.
Operating for 33+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
3 director exits within 2 years.
Compliance score is weak (50/100).
4 open charge(s) registered - assets are encumbered.
3 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.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment79/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 161.50 cr already registered.
- Compliance gaps should be priced into terms.
Investor view89/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events09 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Feb 2025
Director appointed
Jayesh Ajitkumar Ashar (Ceo)
10 Feb 2025
Director appointed
JAYESH AJITKUMAR ASHAR (CEO)
09 Feb 2025
Director ceased
AKSHAY CHANDAN
23 Sep 2024
Director ceased
MAHINDERKUMAR WADHWA DAYANAND
Director ceased
SANJAYA SHRIKRISHNA KULKARNI
30 Aug 2024
Charge satisfied
Idbi Bank Limited
17 Aug 2024
Charge satisfied
Hdfc Bank Limited
20 Jul 2022
Charge created
Idbi Bank Limited - 14.00 cr
03 Jun 2022
Charge satisfied
Idbi Bank Limited
12 Nov 2020
Charge satisfied
Others
29 Sep 2020
Director ceased
MANGESH SARFARE GOPAL
21 Jan 2020
Charge created
Others - 10.00 cr
12 Feb 2019
Director appointed
PAWAN AGARWAL (CFO)
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.
10 active director(s) / partner(s); board looks stable and experienced.
5 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A 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 |
|---|---|---|
| Rajshreepolypack | L25209MH2011PLC223089 | Thane, Maharashtra, India |
| Tarsons | L51109WB1983PLC036510 | Kolkata, West Bengal, India |
| Orientabrasives | L24299MH1971PLC366531 | Mumbai, Maharashtra, India |
| Comsyn Syn Bags | L25202MP1984PLC002669 | Indore, Madhya Pradesh, India |
| Hexatron Industries Limited | U11100GJ2020PLC111942 | Ta Anjar, Gujarat, India |
| Shree Tirupati Balajee Agro Trading Company Limited | L25204MP2001PLC014855 | Dhar, Madhya Pradesh, India |
| Kohinoor Elastics Pvt Ltd | U01117MP1986PTC003600 | Indore, Madhya Pradesh, India |
| Texmo Pipes And Products | L25200MP2008PLC020852 | Burhanpur, Madhya Pradesh, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Tpl Plastech before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Tpl Plastech: 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 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Tpl Plastech - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 79/100, distress signals and MSME payment-delay disclosures - know whether Tpl Plastech 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 Tpl Plastech - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Tpl Plastech an active company?
Tpl Plastech has MCA status “Active” with a compliance score of 50/100 (Moderate).
Is Tpl Plastech financially healthy?
Tpl Plastech has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Tpl Plastech?
Its overall Trust Score is 79/100 (Low Risk). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Tpl Plastech?
The ultimate holding entity is Time Technoplast Limited. 10 active director(s) are on record.
Does Tpl Plastech have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 12 earlier charge(s) stand satisfied.
Is Tpl Plastech up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).
Is it risky to lend to Tpl Plastech?
Its Credit Risk Score is 85/100 (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.
