G M Polyplast Ltd. – Company Report
1. Company Overview
G M Polyplast Ltd., founded in 2003 and headquartered in Mumbai, is a leading Indian manufacturer of thermoformed and extruded plastic sheets and granules. The company specializes in High Impact Polystyrene (HIPS), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate (PET), Polypropylene (PP), and High-Density Polyethylene (HDPE) sheets, as well as premium quality granules. The organization operates a centrally located manufacturing facility in Silvassa and serves clients across India and global export markets. G M Polyplast’s client base spans diverse sectors, including pharmaceuticals, food packaging, automotive, agriculture, and interior design.
Guided by Managing Director Dinesh Balbirsingh Sharma, the company emphasizes continuous product innovation, adoption of latest technologies, and a strong focus on quality and client satisfaction. G M Polyplast holds ISO 22000 certification for food and safety management and processes approximately 2,000 tons of PET plastic waste for recycling annually as part of its sustainability mission.
- Incorporated: 2003
- Headquarters: Mumbai, Maharashtra, India
- Main Facility: Silvassa, Dadra & Nagar Haveli
- Leadership: Dinesh Balbirsingh Sharma (Managing Director)
- Certification: ISO 22000 (Food Safety Management)
- Market Capitalization (July 2025): ~₹109 crore
- Customers: Pharma, food, auto, agriculture, interior design
- Exports: Significant international reach
2. Products and Services
G M Polyplast Ltd. offers a comprehensive range of polymer-based products, built around customization and quality:
Sheet Products:
- HIPS Sheets (High Impact Polystyrene)
- ABS Sheets
- PET Sheets
- PP Sheets
- HDPE Sheets
Granules:
- HIPS Granules
- ABS Granules
- PP Granules
- HDPE Granules
Applications:
- Food and pharmaceutical packaging
- Bus and automotive interiors
- Farming and agricultural accessories
- Industrial and designer interior solutions
Technical and Service Highlights:
- State-of-the-art machinery and modern R&D capabilities
- Custom production, including new colors, thicknesses, and designs per client needs
- Experienced professional management team dedicated to product innovation and market expansion
Sustainability Initiatives:
- Annual recycling of over 2,000 tons of PET plastic waste
- Focus on eco-friendly practices and regulatory compliance in manufacturing
3. Recent News & Financial Performance
Business Developments
- Board approval for migration from SME platform to main boards of BSE and NSE, with plans for a Follow-on Public Offer (FPO) up to ₹50 crore.
- Strengthened client reach and improved operational efficiency.
- Significantly reduced debt, moving towards a virtually debt-free status.
4. Financial Performance (FY2025)
| Metric | FY2025 |
|---|---|
| Total Revenue | ₹96.2 crore |
| Net Profit | ₹7.44 crore |
| EPS | ₹5.53 |
| Operating Profit Margin | 12.2% |
| Net Profit Margin | 7.7% |
| Return on Equity (ROE) | 21.0% |
| Debt Position | Virtually debt-free |