About Adorn Speciality Polymers Private Limited
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Adorn Speciality Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 12 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24117GJ2003PTC043210. Its GSTIN is 24AAECA4547P1ZD (Gujarat).
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹92.68 Lakh. It is led by directors Sanchi Vibhor Agrawal and Vibhor Maheshkumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.02 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹5.87 Lakh (net margin 0.1%) and EBITDA of ₹1.84 Cr (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹107.9 Cr and satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.9 Cr; the latest was in March 2015. Its 3 peer companies in the Chemicals industry (Dyes and Pigments, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 2 smaller; the largest is 3R Polymers Private Limited with revenue of ₹76.59 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adornspeciality.com.
Company details
Contact details
Adorn Speciality Polymers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is adornspeciality.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3 Crystal Bungalows S.P.Ring Road Opp.Lubielectronics Opp. K.P.Paradies N, Anachiloda, Ahmedabad, Gujarat, India – 382330
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Adorn Speciality 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 Adorn Speciality Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Adorn Speciality Polymers Private Limited, buy the company report.
Financials of Adorn Speciality Polymers Private Limited
FY 2025 filings availableAdorn Speciality Polymers Private Limited reported revenue of ₹76.02 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 5% fall in the latest year. EBITDA fell 11% 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 |
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| EBITDA | ₹1.84 Cr | ||||
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| Net Profit (PAT) | ₹5.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Adorn Speciality Polymers Private Limited, buy the company report.
Board of directors of Adorn Speciality Polymers Private Limited
Adorn Speciality 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 |
|---|---|---|---|---|
| Sanchi Vibhor Agrawal Also directs: Asiatic Agro Chem Private Limited, Asiatic Composite Limited | Director | 15 Sep 2011 | 15 Years 1 Months | Current |
| Vibhor Maheshkumar Agarwal Also directs: Avyukta Infrabuild LLP, Asiatic Colour-Chem Industries Private Limited, Asiatic Agro Chem Private Limited and 1 more | Director | 01 Apr 2006 | 20 Years 7 Months | Current |
Peer comparison
Adorn Speciality Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 3R Polymers Private Limited | ₹76.59 Cr (FY 2025) | 25.0% | Gurgaon, Haryana, India | |||
| Adorn Speciality Polymers Private Limitedthis company | ₹76.02 Cr (FY 2025) | ₹5.87 Lakh | 0.1% | -5.0% | Ahmedabad, Gujarat, India | |
| Cytech Coatings Private Limited | ₹74.89 Cr (FY 2025) | 17.0% | Sarigam, Gujarat, India | |||
| Vishal Print Trader Private Limited | ₹74.1 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Adorn Speciality Polymers Private Limited, buy the company report.
Auditor
Adorn Speciality Polymers Private Limited is audited by A S GUPTA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S GUPTA & ASSOCIATES | FY 2022 | 116882W |
Shareholding
The shareholding of Adorn Speciality Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adorn Speciality Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2023 | 100735728 | Tata Capital Financial Services Limited | ₹95.4 Lakh | Open | |
| 04 May 2023 | 100725916 | Bank of India | ₹1.65 Cr | Open | |
| 20 Aug 2020 | 100398283 | Bank of India | ₹2.9 Cr | Open | |
| 01 May 2019 | 100264344 | State Bank of India | ₹60 Cr | Open | |
| 29 Jun 2015 | 10579852 | Bank of India | ₹22.4 Cr | Open |
To see the full charge records of Adorn Speciality Polymers Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Adorn Speciality Polymers Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.9 Cr; the latest was in March 2015.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹1.41 Cr | Investors: an individual |
| Mar 2013 | Funding round | ₹1.5 Cr | Investors: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Green Star Finance Service Private Limited, Archer Financial Services Private Limited , Rang Udgam Investment Private Limited |
| Sep 2009 | Funding round | ₹75 Lakh | Investors: Archer Financial Services Private Limited , Rang Udgam Investment Private Limited, Green Star Finance Service Private Limited |
To see the full deal history of Adorn Speciality Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adorn Speciality Polymers Private Limited has 1 court case on record: 1 filed by Adorn Speciality Polymers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Goods and Services Tax Network and 4 others | Disposed |
To see the full case history of Adorn Speciality Polymers 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 Adorn Speciality Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adorn Speciality Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA4547P1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adorn Speciality Polymers Private Limited, buy the company report.
Recent activity
Adorn Speciality Polymers Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Ujjwala Mahesh Agrawal ceased to be Director on 29 Dec 2020.
5 earlier events are in the company report.
Frequently asked questions
Adorn Speciality Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 12 November 2003 (23+ years old) and is registered under CIN U24117GJ2003PTC043210.
Adorn Speciality Polymers has 2 current directors:
- Sanchi Vibhor Agrawal - Director
- Vibhor Maheshkumar Agarwal - Director
The latest financial statements of Adorn Speciality Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adorn Speciality Polymers is 24AAECA4547P1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Adorn Speciality Polymers is U24117GJ2003PTC043210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adorn Speciality Polymers has 1 court case on record: 1 filed by the company.
Adorn Speciality Polymers was incorporated on 12 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adorn Speciality Polymers has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.9 Cr; the latest was in March 2015.
The peers of Adorn Speciality Polymers by revenue are 3R Polymers Private Limited, Cytech Coatings Private Limited, Vishal Print Trader Private Limited, all in the Chemicals industry (Dyes and Pigments, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ujjwala Mahesh Agrawal ceased to be Director on 29 Dec 2020. Kashiram Handuram Agrawal ceased to be Director on 18 Oct 2011. Sanchi Vibhor Agrawal was appointed as Director on 15 Sep 2011. Adorn Speciality Polymers has 4 board changes on record in total.
Adorn Speciality Polymers can be reached through the website adornspeciality.com. Its registered office is in Ahmedabad, Gujarat, India.
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