About Advanced Resins Private Limited
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Advanced Resins Private Limited is a private limited company based in Savli, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 12 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2011PTC068162. Its GSTIN is 24AAKCA0929R1Z9 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.78 Cr. It is led by directors including Vikesh Jayram Patel and Yuvrajsinh Bhikhubha Chauhan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 54 – 55 GIDC Savli Manjusar, Gujarat, India – 391775.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.23 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹66.26 Lakh (net margin -29.7%) and EBITDA of -₹20.93 Lakh (EBITDA margin -9.4%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹6.59 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancedresins.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address54 – 55 GIDC Savli Manjusar, Gujarat, India – 391775
- IndustryManufacturing, Plastic & Resins
- 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 Advanced Resins Private Limited
The main business activity of Advanced Resins is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Advanced Resins Private Limited FY 2019 filings available
Advanced Resins Private Limited reported revenue of ₹2.23 Cr (down 51% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Advanced Resins Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 51% fall in the latest year. EBITDA fell 449% 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 Advanced Resins Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.23 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹20.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66.26 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 Advanced Resins Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.7% | •••• | •••• | •••• | •••• |
| 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 Advanced Resins 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.
Board of Directors of Advanced Resins Private Limited
Advanced Resins has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikesh Jayram Patel | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Yuvrajsinh Bhikhubha Chauhan Also directs: PMB Healthcare Solutions LLP | Director | 13 Dec 2011 | 14 Years 10 Months | Current |
| Kamleshbhai Raojibhai Patel Also directs: Aurum Agrochem Private Limited, Manpra Electrical Private Limited | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Bankim Natvarbhai Patel | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
Peer Comparison of Advanced Resins Private Limited
Advanced Resins Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mohata Enterprises Private Limited | ₹2.32 Cr (FY 2024) | •••• | •••• | -75.0% | •••• | Kolkata, West Bengal, India |
| Ala Agropower Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Vraj PVC Compound Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Ahmedabad, Gujarat, India |
| Bluebell Edges Private Limited | ₹2.25 Cr (FY 2025) | •••• | •••• | 304.0% | •••• | Dasroi, Gujarat, India |
| Innotech Rubber Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Advanced Resins Private Limited this company | ₹2.23 Cr (FY 2019) | •••• | •••• | -51.0% | •••• | Savli, Gujarat, India |
| SSKP Polymers Private Limited | ₹2.22 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Howrah (Kolkata), West Bengal, India |
| Shashvat Polymers Private Limited | ₹2.2 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Nano Polyplast Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Udaipur, Rajasthan, India |
| KTC Enterprises Private Limited | ₹2.17 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| D-Mox Infraventure Private Limited | ₹2.16 Cr (FY 2020) | •••• | •••• | 148.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Advanced Resins by revenue in the Manufacturing industry (Plastics and Resins), 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 Advanced Resins Private Limited
Advanced Resins Private Limited is audited by K J SHAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K J SHAH & CO | 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.
Ownership and Shareholding of Advanced Resins 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 Advanced Resins Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2013 | Bank of Baroda | ₹3.29 Cr | Open |
| 01 Mar 2013 | Bank of Baroda | ₹3.29 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Advanced Resins Private Limited
Employment history and EPFO contributions of people linked to Advanced Resins.
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 Advanced Resins Private Limited
Advanced Resins Private Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Yuvrajsinh Bhikhubha Chauhan ceased to be Director on 28 Sep 2018.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Advanced Resins 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 Advanced Resins 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 Advanced Resins 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 Advanced Resins Private Limited
Advanced Resins has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA0929R1Z9 | Gujarat | 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 Advanced Resins 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 Advanced Resins Private Limited
Advanced Resins is an active private limited company based in Savli, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 12 December 2011 (15+ years old) and is registered under CIN U24100GJ2011PTC068162.
Advanced Resins reported revenue of ₹2.23 Cr for FY 2019 (down 51% YoY).
Advanced Resins has 4 current directors:
- Vikesh Jayram Patel - Director
- Yuvrajsinh Bhikhubha Chauhan - Director
- Kamleshbhai Raojibhai Patel - Director
- Bankim Natvarbhai Patel - Director
Advanced Resins reported a net loss of ₹66.26 Lakh (net margin -29.7%) and EBITDA of -₹20.93 Lakh (EBITDA margin -9.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advanced Resins is -23% over three years. In the latest year (FY 2019) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Advanced Resins is 24AAKCA0929R1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Advanced Resins is U24100GJ2011PTC068162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanced Resins was incorporated on 12 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Advanced Resins by revenue are Mohata Enterprises Private Limited, Ala Agropower Private Limited, Vraj PVC Compound Private Limited, Bluebell Edges Private Limited, Innotech Rubber Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Yuvrajsinh Bhikhubha Chauhan ceased to be Director on 28 Sep 2018. Bharatkumar Rasiklal Patel ceased to be Director on 25 Feb 2016. Bankim Natvarbhai Patel ceased to be Additional Director on 28 Sep 2015. Advanced Resins has 12 board changes on record in total.
Advanced Resins can be reached through the website advancedresins.com. Its registered office is in Savli, Gujarat, India.