Poly-Resin Agencies (India) Limited
About Poly-Resin Agencies (India) Limited
Data last updated:
Poly-Resin Agencies (India) Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials distribution segment of the metals and mining sector. It was incorporated on 10 July 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1989PLC052527. Its GSTIN is 27AAACP9345A1ZL (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.6 Lakh. It was formerly known as Ankit Properties P Ltd and Poly-Resin Agencies (India) Private Limited. It was led by directors including Arun Shriniwas Goel and Kusum Arun Goel.
Its last annual general meeting (AGM) was held on 22 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹34.52 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹22.38 Lakh (net margin 64.8%) and EBITDA of ₹30.92 Lakh (EBITDA margin 89.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 47% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Name history
Poly-Resin Agencies (India) has undergone 3 name changes throughout its history. The company was previously known as Ankit Properties P Ltd, Poly-Resin Agencies (India) Private Limited, and Ankit Overseas P Ltd. The current legal name is Poly-Resin Agencies (India) Limited.
| Company Name | Status |
|---|---|
| Poly-Resin Agencies (India) Limited | Current |
| Ankit Properties P Ltd | Previous |
| Poly-Resin Agencies (India) Private Limited | Previous |
| Ankit Overseas P Ltd | Previous |
CIN history
Poly-Resin Agencies (India) has one previous CIN (Corporate Identification Number): U45200MH1989PTC052527. The current CIN is U45200MH1989PLC052527, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1989PLC052527 | Current |
| U45200MH1989PTC052527 | Previous |
Contact details
Poly-Resin Agencies (India) Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Poly-Resin Agencies (India) 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
Financials of Poly-Resin Agencies (India) Limited
FY 2020 filings availablePoly-Resin Agencies (India) Limited reported revenue of ₹34.52 Lakh (down 47% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 47% fall in the latest year. EBITDA rose 101% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34.52 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.38 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.6% | ||||
| Net Profit Margin | 64.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Poly-Resin Agencies (India) Limited, buy the company report.
Board of directors of Poly-Resin Agencies (India) Limited
Poly-Resin Agencies (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Shriniwas Goel Also directs: Resin Agency LLP, Elixrr Industries Private Limited | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
| Kusum Arun Goel Also directs: Elixrr Industries Private Limited | Director | 13 Aug 2003 | 23 Years 2 Months | As last reported |
| Saurabh Arun Goel | Director | 18 Jul 2003 | 23 Years 3 Months | As last reported |
Auditor
Poly-Resin Agencies (India) Limited is audited by R K CHAPAWAT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K CHAPAWAT & CO | FY 2019 | 101708W |
Shareholding
The shareholding of Poly-Resin Agencies (India) Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Poly-Resin Agencies (India) Limited, buy the company report.
Legal cases
Poly-Resin Agencies (India) Limited has 1 court case on record: 1 filed by Poly-Resin Agencies (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Poly-Resin Agencies (India) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Poly-Resin Agencies (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Poly-Resin Agencies (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9345A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Poly-Resin Agencies (India) Limited, buy the company report.
Recent activity
Poly-Resin Agencies (India) Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Arun Shriniwas Goel ceased to be Additional Director on 29 Sep 2015.
Frequently asked questions
Poly-Resin Agencies (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Poly-Resin Agencies (India) was a public limited company based in Mumbai, Maharashtra, India. The company worked in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 10 July 1989 and is registered under CIN U45200MH1989PLC052527. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Poly-Resin Agencies (India) was incorporated on 10 July 1989. It is registered with the Registrar of Companies, Mumbai.
Poly-Resin Agencies (India) had 3 directors:
- Arun Shriniwas Goel - Director
- Kusum Arun Goel - Director
- Saurabh Arun Goel - Director
The CIN (Corporate Identification Number) of Poly-Resin Agencies (India) is U45200MH1989PLC052527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Poly-Resin Agencies (India) is at 25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Poly-Resin Agencies (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 22 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Poly-Resin Agencies (India) is 27AAACP9345A1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Poly-Resin Agencies (India) operated in the metals and minerals industry, in the construction materials retail and distribution segment.
Poly-Resin Agencies (India) has 1 court case on record: 1 filed by the company.