Ather Polyurethane Private Limited
About Ather Polyurethane Private Limited
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Ather Polyurethane Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 05 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ2020PTC116212. Its GSTIN is 24AATCA9874G1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anik Sevantikumar Patel and Pujan Kantilal Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1206 Satyamev Eminence B/S. Saptak Bungalows Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹72.88 Lakh (net margin 4.8%) and EBITDA of ₹1 Cr (EBITDA margin 6.6%).
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- Registered Address1206 Satyamev Eminence B/S. Saptak Bungalows Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryTrading, Wholesale, Other Wholesale
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ather Polyurethane Private Limited
The main business activity of Ather Polyurethane is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ather Polyurethane Private Limited FY 2025 filings available
Ather Polyurethane Private Limited reported revenue of ₹15.19 Cr (up 151% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ather Polyurethane Private Limited
Revenue rose 151% in the latest year. EBITDA rose 273% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ather Polyurethane Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹15.19 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72.88 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Ather Polyurethane Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ather Polyurethane are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ather Polyurethane Private Limited
Ather Polyurethane Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bria Industries Private Limited | ₹15.33 Cr (FY 2025) | •••• | •••• | 1786.0% | •••• | Jamnagar, Gujarat, India |
| G. S. R. Marketing Limited | ₹15.29 Cr (FY 2018) | •••• | •••• | -58.0% | •••• | Hyderabad, Telangana, India |
| Rajda Sales (Calcutta) Pvt Ltd | ₹15.24 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Emerald Performance Chemical Private Limited | ₹15.23 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| D.S. Inks Private Limited | ₹15.22 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Panchkula, Haryana, India |
| Ather Polyurethane Private Limited this company | ₹15.19 Cr (FY 2024) | •••• | •••• | 151.0% | •••• | Ahmedabad, Gujarat, India |
| SSJ Agrotech Private Limited | ₹15.11 Cr (FY 2017) | •••• | •••• | 214.0% | •••• | Lucknow, Uttar Pradesh, India |
| Purence International Private Limited | ₹15.1 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Juve Trexim Private Limited | ₹15.06 Cr (FY 2025) | •••• | •••• | 680.0% | •••• | Thane, Maharashtra, India |
| Jyoti Colours Private Limited | ₹15.03 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| B.R.Capital Private Limited | ₹15.01 Cr (FY 2025) | •••• | •••• | 200.0% | •••• | Cuttack, Odisha, India |
Peers are the five companies nearest above and the five nearest below Ather Polyurethane by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ather Polyurethane Private Limited
Ather Polyurethane Private Limited is audited by H.H PATEL & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.H PATEL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ather Polyurethane Private Limited
Ather Polyurethane has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anik Sevantikumar Patel | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Pujan Kantilal Patel | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Amitkumar Anandbhai Barot | Director | 05 Sep 2020 | 6 Years 1 Months | Current |
| Jaimik Kantilal Patel | Director | 05 Sep 2020 | 6 Years 1 Months | Current |
| Maulik Sevantibhai Patel | Director | 05 Sep 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Ather Polyurethane Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ather Polyurethane Private Limited
Ather Polyurethane Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ather Polyurethane Private Limited
Ather Polyurethane Private Limited has a workforce of 0 employees as of Feb 23, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ather Polyurethane Private Limited
Ather Polyurethane Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Anik Sevantikumar Patel was appointed as Director on 29 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ather Polyurethane Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ather Polyurethane Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ather Polyurethane Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ather Polyurethane Private Limited
Ather Polyurethane has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA9874G1Z1 | Gujarat | Active | 19 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ather Polyurethane Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ather Polyurethane Private Limited
Ather Polyurethane is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 05 September 2020 (6+ years old) and is registered under CIN U24299GJ2020PTC116212.
Ather Polyurethane reported revenue of ₹15.19 Cr for FY 2024 (up 151% YoY).
Ather Polyurethane has 5 current directors:
- Anik Sevantikumar Patel - Director
- Pujan Kantilal Patel - Director
- Amitkumar Anandbhai Barot - Director
- Jaimik Kantilal Patel - Director
- Maulik Sevantibhai Patel - Director
Ather Polyurethane reported a net profit of ₹72.88 Lakh (net margin 4.8%) and EBITDA of ₹1 Cr (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Ather Polyurethane is 24AATCA9874G1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Ather Polyurethane is U24299GJ2020PTC116212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ather Polyurethane was incorporated on 05 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ather Polyurethane by revenue are Bria Industries Private Limited, G. S. R. Marketing Limited, Rajda Sales (Calcutta) Pvt Ltd, Emerald Performance Chemical Private Limited, D.S. Inks Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Anik Sevantikumar Patel was appointed as Director on 29 Mar 2024. Pujan Kantilal Patel was appointed as Director on 29 Mar 2024. Amitkumar Anandbhai Barot was appointed as Director on 05 Sep 2020. Ather Polyurethane has 5 board changes on record in total.
The registered office of Ather Polyurethane is at 1206 Satyamev Eminence BS. Saptak Bungalows Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
Ather Polyurethane has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.