About Aadinath Polyfab Private Limited
Data last updated:
Aadinath Polyfab Private Limited is a private limited company based in Murbad, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 June 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2008PTC183886. Its GSTIN is 27AAHCA1478N1Z8 (Maharashtra). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors including Jeethendra Singh Goud and Ashutosh Sudarshan Baliarsing (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No H – 25 Addl. M.I.D.C. Industrial Area Kudavali Village Murbad Dist – Thane, Maharashtra, India – 421401.
As per the financials filed for FY 2019, the company reported a revenue of ₹82.13 Cr. For the same year it recorded a net profit of ₹80.78 Lakh (net margin 1%) and EBITDA of ₹3.07 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹1.85 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending.
The last known website on record is aadinathpolyfab.com.
Company details
Contact details
Aadinath Polyfab Private Limited's registered office is in Murbad, Maharashtra. Its website is aadinathpolyfab.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No H – 25 Addl. M.I.D.C. Industrial Area Kudavali Village Murbad Dist – Thane, Maharashtra, India – 421401
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Aadinath Polyfab 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 Aadinath Polyfab is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Aadinath Polyfab Private Limited, buy the company report.
Financials of Aadinath Polyfab Private Limited
FY 2019 filings availableAadinath Polyfab Private Limited reported revenue of ₹82.13 Cr for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years. EBITDA rose 4% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹82.13 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.78 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1% | ||||
| 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 Aadinath Polyfab Private Limited, buy the company report.
Board of directors of Aadinath Polyfab Private Limited
Aadinath Polyfab has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasaiah Dasetty | Additional Director | 01 Oct 2019 | 7 Years 1 Months | As last reported |
| Jeethendra Singh Goud Also directs: Union Quality Plastics Limited | Director | 17 Dec 2016 | 9 Years 10 Months | As last reported |
| Ashutosh Sudarshan Baliarsing | Irp/Rp/Liquidator | 11 Apr 2023 | 3 Years 7 Months | As last reported |
Peer comparison
Aadinath Polyfab Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atc Precision Components Private Limited | ₹83.45 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Upright Technoplast Private Limited | ₹82.22 Cr (FY 2025) | 84.0% | Kacheepuram, Tamil Nadu, India | |||
| Aadinath Polyfab Private Limitedthis company | ₹82.13 Cr (FY 2019) | ₹80.78 Lakh | 1% | Murbad, Maharashtra, India | ||
| Primex Plastics Private Limited | ₹82.07 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Savera Mouldings Private Limited | ₹81.59 Cr (FY 2025) | 13.0% | Aurangabad, Maharashtra, India | |||
| Sancraft Industries Private Limited | ₹81.57 Cr (FY 2025) | 83.0% | Oragadam, Tamil Nadu, India | |||
| Suba Plastics Private Limited | ₹81.48 Cr (FY 2024) | 13.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Aadinath Polyfab Private Limited, buy the company report.
Auditor
Aadinath Polyfab Private Limited is audited by N. S. V. R. & Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. S. V. R. & Associates LLP | FY 2019 | 008801S/S200060 |
Shareholding
The shareholding of Aadinath Polyfab Private 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 Aadinath Polyfab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2014 | 10488537 | Axis Bank Limited | ₹7 Cr | Open | |
| 27 Sep 2011 | 10309503 | State Bank of India | ₹1.85 Cr | Satisfied |
To see the full charge records of Aadinath Polyfab Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aadinath Polyfab Private Limited has 10 court cases on record: 3 filed by Aadinath Polyfab, 7 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Sumiran Masterbatch Private Limited | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Narasaiah Dasetty (Ex- Director of M/S. Aadhinath Polyfab Private Limited) | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Narasaiah Dasetty (Ex- Director of M/S. Aadhinath Polyfab Private Limited) | Disposed |
To see the full case history of Aadinath Polyfab Private 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 Aadinath Polyfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aadinath Polyfab has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA1478N1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 36AAHCA1478N1Z9 | Telangana | Active | 01 Jul 2017 |
| 37AAHCA1478N1Z7 | Andhra Pradesh | Active | 16 Dec 2017 |
To see the full GST registrations and return filing status of Aadinath Polyfab Private Limited, buy the company report.
Recent activity
Aadinath Polyfab Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Ashutosh Sudarshan Baliarsing was appointed as Irp/Rp/Liquidator on 11 Apr 2023.
6 earlier events are in the company report.
Frequently asked questions
Aadinath Polyfab is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Aadinath Polyfab is a company under insolvency, formerly operating as a private limited company based in Murbad, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 June 2008 and is registered under CIN U25209MH2008PTC183886. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aadinath Polyfab has 3 current directors:
- Narasaiah Dasetty - Additional Director
- Jeethendra Singh Goud - Director
- Ashutosh Sudarshan Baliarsing - Irp/Rp/Liquidator
The latest financial statements of Aadinath Polyfab on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aadinath Polyfab is U25209MH2008PTC183886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadinath Polyfab has open charges of ₹7 Cr and satisfied charges of ₹1.85 Cr as per latest MCA filings.
Aadinath Polyfab has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Aadinath Polyfab was incorporated on 24 June 2008. It is registered with the Registrar of Companies, Mumbai.
The peers of Aadinath Polyfab by revenue are Atc Precision Components Private Limited, Upright Technoplast Private Limited, Primex Plastics Private Limited, Savera Mouldings Private Limited, Sancraft Industries Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ashutosh Sudarshan Baliarsing was appointed as Irp/Rp/Liquidator on 11 Apr 2023. Krishna Singh Jawahari Kashyapa ceased to be Director on 01 Oct 2019. Narasaiah Dasetty was appointed as Additional Director on 01 Oct 2019. Aadinath Polyfab has 10 board changes on record in total.
Aadinath Polyfab can be reached through the website aadinathpolyfab.com. Its registered office is in Murbad, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
