About Salnik Polytech Private Limited
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Salnik Polytech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 20 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25199MH2007PTC173283. Its GSTIN is 27AALCS1527J1Z4 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Chandrika Paranjpe and Dinesh Ganapathi Paranjape.
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 503 A – Wing 5th Floor Crystal Palace Cts – 39 Kannadarpada Dahisar (West), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.07 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.5 Lakh (net margin -29.5%) and EBITDA of ₹44,182 (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 29% over five years.
The company is associated with 1 brand: Salnik Polytech. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salnikpolytech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address503 A – Wing 5th Floor Crystal Palace Cts – 39 Kannadarpada Dahisar (West), Mumbai, Maharashtra, India – 400068
- IndustryManufacturing, Rubber-Based Products
- 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 Salnik Polytech Private Limited
The main business activity of Salnik Polytech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Salnik Polytech Private Limited FY 2024 filings available
Salnik Polytech Private Limited reported revenue of ₹5.07 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Salnik Polytech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 87% fall in the latest year. EBITDA fell 83% 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 of Salnik Polytech Private Limited
| 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 | ₹44,182 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.5 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 Salnik Polytech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.5% | •••• | •••• | •••• | •••• |
| 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 Salnik Polytech are in the company report.
Financial statements from 2015
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 Salnik Polytech Private Limited
Salnik Polytech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dyna Rubber Works Private Limited | ₹5.95 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Ekta Rubber Private Limited | ₹5.73 Lakh (FY 2021) | •••• | •••• | -89.0% | •••• | Delhi, India |
| Magna Impex Pvt Ltd | ₹5.36 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Ballabgarh, Haryana, India |
| Hevea Latex Private Limited | ₹5.34 Lakh (FY 2025) | •••• | •••• | •••• | Mundakayam, Kerala, India | |
| Dynafluid Rubber India Private Limited | ₹5.3 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Mumbai, Maharashtra, India |
| Salnik Polytech Private Limited this company | ₹5.07 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Mumbai, Maharashtra, India |
| Swarnim Rubber Industries Private Limited | ₹5.03 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Lucknow, Uttar Pradesh, India |
| Planning & Superstructure Private Limited | ₹5 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Nand Rubber Private Limited | ₹4.74 Lakh (FY 2022) | •••• | •••• | -96.0% | •••• | Hisar, Haryana, India |
| SKD Technoengineering Private Limited | ₹4.73 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
| Paco Rubber Industries Private Limited | ₹4.65 Lakh (FY 2024) | •••• | •••• | 103.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Salnik Polytech by revenue in the Manufacturing industry (Rubber Based Products), 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 Salnik Polytech Private Limited
Salnik Polytech Private Limited is audited by UMESHSHIVARAYAKAMATH for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UMESHSHIVARAYAKAMATH | 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 Salnik Polytech Private Limited
Salnik Polytech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrika Paranjpe | Director | 20 Aug 2007 | 19 Years 1 Months | Current |
| Dinesh Ganapathi Paranjape | Director | 20 Aug 2007 | 19 Years 1 Months | Current |
Ownership and Shareholding of Salnik Polytech 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 Salnik Polytech Private Limited
Salnik Polytech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Salnik Polytech Private Limited
Salnik Polytech Private Limited has 4 court cases on record: 4 filed by Salnik Polytech. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Rotex Mfg and Engg Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Rotex Mfg and Engg Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Jaymani Developers | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Salnik Polytech Private Limited
Salnik Polytech operates one associated brand: Salnik Polytech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of rubber components and related engineering services. | salnikpolytech.com |
Employees and EPFO Compliance at Salnik Polytech Private Limited
Employment history and EPFO contributions of people linked to Salnik Polytech.
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 Salnik Polytech Private Limited
Salnik Polytech Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Chandrika Paranjpe was appointed as Director on 20 Aug 2007.
Credit Ratings, Litigation & Regulatory Alerts for Salnik Polytech 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 Salnik Polytech 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 Salnik Polytech 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 Salnik Polytech Private Limited
Salnik Polytech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS1527J1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 27ACAPP7727K1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27ACAPP7727K2Z6 | Maharashtra | Active | 18 Nov 2024 |
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 Salnik Polytech 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 Salnik Polytech Private Limited
Salnik Polytech is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 20 August 2007 (19+ years old) and is registered under CIN U25199MH2007PTC173283.
Salnik Polytech reported revenue of ₹5.07 Lakh for FY 2025 (down 87% YoY).
Salnik Polytech has 2 current directors:
- Chandrika Paranjpe - Director
- Dinesh Ganapathi Paranjape - Director
Salnik Polytech reported a net loss of ₹1.5 Lakh (net margin -29.5%) and EBITDA of ₹44,182 (EBITDA margin 8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Salnik Polytech is -44% over three years and -29% over five years. In the latest year (FY 2025) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Salnik Polytech is 27AALCS1527J1Z4, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27ACAPP7727K1Z7 (Maharashtra), 27ACAPP7727K2Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Salnik Polytech is U25199MH2007PTC173283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salnik Polytech has 4 court cases on record: 4 filed by the company. 1 is pending.
Salnik Polytech was incorporated on 20 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Salnik Polytech by revenue are Dyna Rubber Works Private Limited, Ekta Rubber Private Limited, Magna Impex Pvt Ltd, Hevea Latex Private Limited, Dynafluid Rubber India Private Limited and 5 more, all in the Manufacturing industry (Rubber Based Products).
Chandrika Paranjpe was appointed as Director on 20 Aug 2007. Dinesh Ganapathi Paranjape was appointed as Director on 20 Aug 2007.