Machino Plastics Limited (MPL), incorporated in April, 1986, has been India's first and largest plastic bumper and dashboard manufacturer company. The Company has its own state-of-art plastic moulding product development division. The Company is providing turnkey solutions through an integrated approach of designing, tooling, manufacturing and assembling most complex products. The Company is a Joint Venture of Maruti Suzuki India Ltd and Suzuki Motor Corporation, Japan for the manufacture of injection moulded automotive i.e. bumpers, instrument panels, grills etc as original equipment and for spare parts market. Company also manufactures automotive parts for VE Commercial Vehicles Ltd. (VECV), Suzuki Motor Cycle Pvt. Ltd., Mikuni India Ltd. etc.
Apart from these, it manufactures various automotive components for others manufacturers. It has two manufacturing plants located at Gurugram & Manesar (Haryana) and two warehouses located at Manesar (Haryana) & Pithampur (Madhya Pradesh).
The Company formed a joint venture between M D Jindal (31%), Maruti Udyog (15.5%) and Suzuki Motors, Japan (15.5%), in year 1987 with two injection moulding machines. MPL manufactures bumpers, instrument panels and radiator grills primarily for Maruti.
During the year 1999-2000, the Company was chosen for supply of bumpers and dashboards for 'Wagaon-R', a new model introduced by Maruti Udyog. By choosing the sole supplier of bumpers and dashboards for 'Wagon-R', it acquired moulds for th ...ese new models on lease from ICICI and SBI leasing, costing about Rs. 32 crores.
In 2002-03, the Company increased its installed capacity from 3850 M.T. to 5000 M.T. It purchased 3 new injection moulding machines of 910 tons, 500 tons & 275 tons capacity. Further, it developed and designed fully injection moulded collapsible box & plastic pallets. It installed DG Set of 1000 kva to reduce the impact of tariff increase of MUL power.
In 2004-05, it purchased and installed new injection moulding machine of 3150 tons through launching of new Model-K by Maruti Udyog Ltd. The Manesar plant of the Company became fully operational in 2009-10.
In 2011-12, the Company installed 7 new injection Moulding machines for manufacturing of automotive components at Manesar plant. It started construction of the building to manufacture plastic moulding components in Pithampur, Madhya Pradesh in 2012-13.
FAQs on Machino Plastics Ltd
1. Can I buy Machino Plastics Ltd from PL Capital? ›
Yes, you can invest in Machino Plastics Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Machino Plastics Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Machino Plastics Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Machino Plastics Ltd pay dividends? ›
Machino Plastics Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Machino Plastics Ltd ? ›
As of
06-Feb-2026 , 16:01:35 the share price for Machino Plastics Ltd. is ₹ 287.65 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Machino Plastics Ltd ? ›
The 52-week high and low of Machino Plastics Ltd share price is ₹ 207.05 - ₹ 444 as of
06-Feb-2026 , 16:01:35 .
