Arofine Polymers Private Limited

Arofine Polymers Private Limited - chemicals and materials in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U24222PN1989PTC138254 Incorporated 08 September 1989 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹117.76 Cr
▲ 10% YoY
Net profit · FY 2025
₹12.81 Cr
Net margin 10.9%
EBITDA · FY 2025
₹19.56 Cr
EBITDA margin 16.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Open charges
₹11.75 Cr
Satisfied ₹3.04 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
54
Provident fund records

About Arofine Polymers Private Limited

Data last updated:

Arofine Polymers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 08 September 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24222PN1989PTC138254. Its GSTIN is 27AAACA3258K1ZN (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12 Lakh. It was formerly known as Arofine Polymers Limited. It is led by directors including Arjun Jagdish Nadkarni (Managing Director) and Ameya Ajit Khot.

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 S – 42 M.I.D.C. Bhosari, Pune, Maharashtra, India – 411026.

As per the financials filed for FY 2025, the company reported a revenue of ₹117.76 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹12.81 Cr (net margin 10.9%) and EBITDA of ₹19.56 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 16% over five years.

The company has about 54 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹11.75 Cr and satisfied charges of ₹3.04 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2008. Its 7 peer companies in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Dodhia Chem-Tex Private Limited with revenue of ₹120.25 Cr.

Arofine Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0015816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arofines.in.

Company details

CIN U24222PN1989PTC138254
Registration Number 138254
Incorporation Date 08 September 1989
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0015816

CIN history

Arofine Polymers has one previous CIN (Corporate Identification Number): U24222MH1989PLC053381. The current CIN is U24222PN1989PTC138254, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24222PN1989PTC138254Current
U24222MH1989PLC053381Previous
Key People
Arjun Jagdish Nadkarni Managing Director Ameya Ajit Khot Director Shriniwas Bajirao Sardesai Director

Recognitions & Rankings of Arofine Polymers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-26-0015816

Contact details

Arofine Polymers Private Limited's registered office is in Pune, Maharashtra. Its website is arofines.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    arofines.in
  • Social Media
  • Registered Address
    S – 42 M.I.D.C. Bhosari, Pune, Maharashtra, India – 411026
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Arofine Polymers Private Limited, buy the company report.

Comprehensive company report
Arofine Polymers Private Limited - one report that includes everything
  • 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

The main business activity of Arofine Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Arofine Polymers Private Limited, buy the company report.

Financials of Arofine Polymers Private Limited

FY 2024 filings available

Arofine Polymers Private Limited reported revenue of ₹117.76 Cr (up 10% YoY) for FY 2025.

Revenue · FY 2025
₹117.76 Cr ▲ 10%
Net profit · FY 2025
₹12.81 Cr margin 10.9%
EBITDA · FY 2025
₹19.56 Cr margin 16.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 8%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 31%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 10% growth in the latest year. EBITDA fell 6% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹19.56 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.81 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.6%
Net Profit Margin10.9%
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 Arofine Polymers Private Limited, buy the company report.

Board of directors of Arofine Polymers Private Limited

Arofine Polymers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ameya Ajit Khot
Also directs: Kroslink Polymers Pvt Ltd
Director06 Nov 20205 Years 11 MonthsCurrent
Shriniwas Bajirao SardesaiDirector01 Jan 199630 Years 10 MonthsCurrent
Arjun Jagdish Nadkarni
Also directs: Kroslink Polymers Pvt Ltd
Managing Director12 Dec 200817 Years 10 MonthsCurrent
View all directors

Peer comparison

Arofine Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dodhia Chem-Tex Private Limited₹120.25 Cr (FY 2025)-30.0%Bhiwandi, Maharashtra, India
Adarsha Specialty Chemicals Private Limited₹120.16 Cr (FY 2024)-3.0%Kora, Karnataka, India
Convergence Chemicals Private Limited₹119.83 Cr (FY 2021)10.0%Mumbai, Maharashtra, India
Apurva Chemicals Private Limited₹119.45 Cr (FY 2025)17.0%Vapi, Gujarat, India
Arofine Polymers Private Limitedthis company₹117.76 Cr (FY 2025)₹12.81 Cr10.9%10.0%54Pune, Maharashtra, India
Innovassynth Technologies (India ) Limited₹117.57 Cr (FY 2025)-27.0%Khopoli, Maharashtra, India
Paragon Fine and Speciality Chemical Limited₹117.12 Cr (FY 2025)-5.0%Ahmedabad, Gujarat, India
Novaphene Specialities Private Limited₹116.99 Cr (FY 2025)24.0%Mumbai, Maharashtra, India

To see the full peer comparison of Arofine Polymers Private Limited, buy the company report.

Shareholding

The shareholding of Arofine Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Arofine Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.75 Cr
Satisfied charges
₹3.04 Cr
Breakdown by lending institutions
Others₹11.00 Cr
State Bank of India₹0.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jun 2021100450017Others₹1 CrOpen
27 Apr 2021100441061Others₹10 CrOpen
25 Jan 200090213491State Bank of India₹25 LakhOpen
29 Dec 199590212793State Bank of India₹25 LakhOpen
29 Dec 199590215875State Bank of India₹25 LakhOpen

To see the full charge records of Arofine Polymers Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Arofine Polymers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2008.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2008Secondary share transferUndisclosedBuyer: an individual
Seller: Jagdish Maruti Nadkarni Huf, an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Arofine Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Arofine Polymers Private Limited has a workforce of 54 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
54
Active EPFO establishments
1
Employee growth
1.89%

GST

Arofine Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACA3258K1ZNMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Arofine Polymers Private Limited, buy the company report.

Recent activity

Arofine Polymers Private Limited has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Pramod Dattatraya Pardhy ceased to be Director on 01 Apr 2022.

AGM
Arofine Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Arofine Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 17 Jul 2007 via Charge ID 10063549 with State Bank Of India was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 07 Apr 1995 via Charge ID 90215874 with State Bank Of India was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 07 Apr 1995 via Charge ID 90212648 with State Bank Of India was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 29 Dec 1990 via Charge ID 90212138 with State Bank Of India was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 24 Apr 1990 via Charge ID 90212066 with State Bank Of India was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 29 Jan 1990 via Charge ID 90212033 with State Bank Of India was fully satisfied on 14 Mar 2023.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 27 Apr 2021 with Charge ID 100441061 was modified on 28 Dec 2022.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 02 Jun 2021 with Charge ID 100450017 was modified on 23 Sep 2022.
Ceased
Pramod Dattatraya Pardhy ceased to be Director.
Ceased
Ameya Ajit Khot ceased to be Additional Director.

25 earlier events are in the company report.

Frequently asked questions

Arofine Polymers is an active private limited company based in Pune, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 08 September 1989 (37+ years old) and is registered under CIN U24222PN1989PTC138254.

Arofine Polymers has 3 current directors:

The latest financial statements of Arofine Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Arofine Polymers is 27AAACA3258K1ZN, registered in Maharashtra.

The CIN (Corporate Identification Number) of Arofine Polymers is U24222PN1989PTC138254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Arofine Polymers has 1 court case on record: 1 filed against it.

Arofine Polymers was incorporated on 08 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Pune.

Arofine Polymers has 1 deal on record (1 secondary share transfer); the latest was in December 2008.

The peers of Arofine Polymers by revenue are Dodhia Chem-Tex Private Limited, Adarsha Specialty Chemicals Private Limited, Convergence Chemicals Private Limited, Apurva Chemicals Private Limited, Innovassynth Technologies (India ) Limited and 2 more, all in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Pramod Dattatraya Pardhy ceased to be Director on 01 Apr 2022. Ameya Ajit Khot ceased to be Additional Director on 29 Sep 2021. Jagdish Maruti Nadkarni ceased to be Director on 28 Feb 2021. Arofine Polymers has 8 board changes on record in total.

Yes, Arofine Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0015816).