Shakti Hi-Tech Polymers Private Limited
About Shakti Hi-Tech Polymers Private Limited
Data last updated:
Shakti Hi-Tech Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 27 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02520KA1985PTC006791. Its GSTIN is 29AADCS1519C1ZN (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹49.5 Lakh. It is led by directors Gheesulal Nandakishore (Managing Director) and Vanith Kumar.
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.18 – A 2nd Phase Peenya Industrial Area Bangalore., Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹75.64 Lakh (net margin 61.2%) and EBITDA of ₹1.02 Cr (EBITDA margin 82.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.18 – A 2nd Phase Peenya Industrial Area Bangalore., Karnataka, India – 560058
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
- 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
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Business Activity of Shakti Hi-Tech Polymers Private Limited
The main business activity of Shakti Hi-Tech Polymers is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | 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 Shakti Hi-Tech Polymers Private Limited FY 2024 filings available
Shakti Hi-Tech Polymers Private Limited reported revenue of ₹1.24 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shakti Hi-Tech Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 17% growth in the latest year. EBITDA rose 20% 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 Shakti Hi-Tech Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹75.64 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 Shakti Hi-Tech Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 61.2% | •••• | •••• | •••• | •••• |
| 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 Shakti Hi-Tech Polymers 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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech Polymers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meckla Polymers Private Limited | ₹1.24 Cr (FY 2016) | •••• | •••• | -72.0% | •••• | Hyderabad, Telangana, India |
| F&F Enterprises Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 131.0% | •••• | Gurgaon, Haryana, India |
| Spark E Lina Polymers Private Limited | ₹1.24 Cr (FY 2025) | •••• | •••• | 150.0% | •••• | Delhi, India |
| Range Polymers Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ornisa Private Limited | ₹1.24 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Shakti Hi-Tech Polymers Private Limited this company | ₹1.24 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Premier Polymers Pvt Ltd | ₹1.23 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| G & S Creations Private Limited | ₹1.23 Cr (FY 2017) | •••• | •••• | 62.0% | •••• | Chennai, Tamil Nadu, India |
| Alchemy Polymers Pvt Ltd | ₹1.23 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| LD Polymers Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 182.0% | •••• | Anand, Gujarat, India |
| Velaven Polymers Private Limited | ₹1.23 Cr (FY 2019) | •••• | •••• | -65.0% | •••• | Dindigul, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shakti Hi-Tech Polymers by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Polymers), 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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech Polymers Private Limited is audited by VINAY & KESHAVA LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINAY & KESHAVA LLP | 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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech 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 |
|---|---|---|---|---|
| Gheesulal Nandakishore | Managing Director | 04 Nov 2003 | 22 Years 11 Months | Current |
| Vanith Kumar | Director | 15 Apr 2009 | 17 Years 5 Months | Current |
Ownership and Shareholding of Shakti Hi-Tech Polymers 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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech Polymers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shakti Hi-Tech Polymers Private Limited
Employment history and EPFO contributions of people linked to Shakti Hi-Tech Polymers.
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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech Polymers Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Gheesulal Manakchand ceased to be Director on 20 Apr 2009.
Credit Ratings, Litigation & Regulatory Alerts for Shakti Hi-Tech Polymers 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 Shakti Hi-Tech Polymers 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 Shakti Hi-Tech Polymers 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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCS1519C1ZN | Karnataka | Active | 01 Jul 2017 |
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 Shakti Hi-Tech Polymers 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 Shakti Hi-Tech Polymers Private Limited
Shakti Hi-Tech Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 27 March 1985 (41+ years old) and is registered under CIN U02520KA1985PTC006791.
Shakti Hi-Tech Polymers reported revenue of ₹1.24 Cr for FY 2024 (up 17% YoY).
Shakti Hi-Tech Polymers has 2 current directors:
- Gheesulal Nandakishore - Managing Director
- Vanith Kumar - Director
Shakti Hi-Tech Polymers reported a net profit of ₹75.64 Lakh (net margin 61.2%) and EBITDA of ₹1.02 Cr (EBITDA margin 82.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shakti Hi-Tech Polymers is 12% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shakti Hi-Tech Polymers is 29AADCS1519C1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Shakti Hi-Tech Polymers is U02520KA1985PTC006791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Hi-Tech Polymers was incorporated on 27 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shakti Hi-Tech Polymers by revenue are Meckla Polymers Private Limited, F&F Enterprises Private Limited, Spark E Lina Polymers Private Limited, Range Polymers Private Limited, Ornisa Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Polymers).
Gheesulal Manakchand ceased to be Director on 20 Apr 2009. Gheesulal Nandakishore ceased to be Director on 20 Apr 2009. Vanith Kumar was appointed as Director on 15 Apr 2009. Shakti Hi-Tech Polymers has 4 board changes on record in total.
The registered office of Shakti Hi-Tech Polymers is at No.18 – A 2nd Phase Peenya Industrial Area Bangalore., Karnataka, India – 560058.