Indica Polymers Private Limited
About Indica Polymers Private Limited
Data last updated:
Indica Polymers Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 03 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2007PTC043786.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Hemant Kumar Tulsyan and Puranmal Tulsyan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 14 13th Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040.
As per the financials filed for FY 2025, the company reported a revenue of ₹61,575, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹74,266 (net margin 120.6%) and EBITDA of ₹49,882 (EBITDA margin 81%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indica Polymers Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 14 13th Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Indica Polymers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Indica Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Indica Polymers Private Limited, buy the company report.
Financials of Indica Polymers Private Limited
FY 2024 filings availableIndica Polymers Private Limited reported revenue of ₹61,575 (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 66% fall in the latest year. EBITDA fell 60% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49,882 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74,266 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81% | ||||
| Net Profit Margin | 120.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Indica Polymers Private Limited, buy the company report.
Board of directors of Indica Polymers Private Limited
Indica Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Kumar Tulsyan Also directs: Tulsyan Vyapar (India) Private Limited, Tulsyan Poly Products Private Limited, Mahamayo Polymers Private Limited and 5 more | Director | 03 Sep 2007 | 19 Years 1 Months | Current |
| Puranmal Tulsyan Also directs: Basudeo Enterprises Private Limited, Tulsyan Vyapar (India) Private Limited, Tulsyan Poly Products Private Limited and 5 more | Director | 03 Sep 2007 | 19 Years 1 Months | Current |
Auditor
Indica Polymers Private Limited is audited by KATHOTIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KATHOTIA & CO | FY 2023 | 323627E |
Shareholding
The shareholding of Indica Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indica Polymers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indica Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indica Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indica Polymers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indica Polymers Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Amit Kanodia ceased to be Director on 21 Jul 2025.
Frequently asked questions
Indica Polymers is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 03 September 2007 (19+ years old) and is registered under CIN U25209KA2007PTC043786.
Indica Polymers has 2 current directors:
- Hemant Kumar Tulsyan - Director
- Puranmal Tulsyan - Director
The latest financial statements of Indica Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indica Polymers is U25209KA2007PTC043786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indica Polymers was incorporated on 03 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Amit Kanodia ceased to be Director on 21 Jul 2025. Naveen Kumar Tulsian ceased to be Additional Director on 28 Sep 2015. Hemant Kumar Tulsyan was appointed as Director on 03 Sep 2007. Indica Polymers has 4 board changes on record in total.
The registered office of Indica Polymers is at No. 14 13th Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040.
Indica Polymers operates in the chemicals and materials industry, in the industrial chemicals segment.
The compliance status of Indica Polymers is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
Indica Polymers can be reached at its registered office: No. 14 13th Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040.