Ashok Polymers Limited
About Ashok Polymers Limited
Data last updated:
Ashok Polymers Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 30 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L18101TG1991PLC013270. Its GSTIN is 36AABCA7669K1Z8 (Telangana). The company holds 5 GST registrations, of which 1 is active. It is a listed company.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.78 Cr. It was formerly known as Ashok Woven Sacks Private Limited. It is led by directors including Narsingh Soni Das (Managing Director) and Ashok Kumar Soni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 15 – 2 – 134/Mharajgunj Hyderabadhyderabad Hyderabad, Telangana, India – 500006.
As per the financials filed for FY 2017, the company reported a revenue of ₹73.97 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -2.2%) and EBITDA of ₹2.74 Cr (EBITDA margin 3.7%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.3 Cr and satisfied charges of ₹46.69 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address15 – 2 – 134/Mharajgunj Hyderabadhyderabad Hyderabad, Telangana, India – 500006
- IndustryPackaging, Woven Packaging Products
- 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
- One PDF report, delivered after checkout
Business Activity of Ashok Polymers Limited
The main business activity of Ashok Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Ashok Polymers Limited FY 2017 filings available
Ashok Polymers Limited reported revenue of ₹73.97 Cr (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Ashok Polymers Limited
Revenue fell 11% in the latest year. EBITDA fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ashok Polymers Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹73.97 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹2.74 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.6 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 of Ashok Polymers Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.7% | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• |
| 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 Ashok 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 Ashok Polymers Limited
Ashok Polymers Limited is compared with the companies closest to it by revenue in the Packaging industry (Polymers, Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atlantic Polymers Unit-Ii Private Limited | ₹75.37 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Vasu Polymers (India) Private Limited | ₹75.29 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Delhi, India |
| Interweave Polytex Private Limited | ₹75.02 Cr (FY 2025) | •••• | •••• | 219.0% | •••• | Varanasi, Uttar Pradesh, India |
| Jabalpur Polytex Private Limited | ₹74.63 Cr (FY 2023) | •••• | •••• | -13.0% | •••• | Patna, Bihar, India |
| Tricon Polyfabs Private Limited | ₹74.5 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Ashok Polymers Limited this company | ₹73.97 Cr (FY 2017) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Tribhuvan Polymers Private Limited | ₹73.63 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Surat, Gujarat, India |
| Quality Wovensacks Private Limited | ₹73.57 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Varanasi, Uttar Pradesh, India |
| Karam Multipack Private Limited | ₹73.4 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Rajkot, Gujarat, India |
| Revex Polymers Private Limited | ₹72.98 Cr (FY 2017) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Brij Polymers Private Limited | ₹72.43 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashok Polymers by revenue in the Packaging industry (Polymers, Woven Products), 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 Ashok Polymers Limited
Ashok Polymers Limited is audited by J D KABRA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J D KABRA & 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.
Board of Directors of Ashok Polymers Limited
Ashok Polymers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Soni | Whole-Time Director | 29 Sep 1997 | 29 Years 0 Months | Current |
| Kalpana Devi Soni | Director | 02 Jan 2008 | 18 Years 9 Months | Current |
| Narsingh Soni Das | Managing Director | 18 Nov 2015 | 10 Years 10 Months | Current |
Ownership and Shareholding of Ashok Polymers 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 Ashok Polymers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2012 | Others | ₹23.3 Cr | Open |
| 15 Feb 2011 | Reliance Capital Ltd | ₹50 Lakh | Satisfied |
| 13 Jun 2009 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
| 05 Mar 2009 | Reliance Capital Ltd | ₹46.08 Lakh | Satisfied |
| 05 Feb 2009 | Reliance Capital Ltd | ₹40.32 Lakh | Satisfied |
Total charge records: 24 View all charges
Legal Cases of Ashok Polymers Limited
Ashok Polymers Limited has 19 court cases on record: 5 filed by Ashok Polymers, 14 filed against it. 1 case is pending and 18 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 1 |
| High courts | 7 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (CC.NI) | Filed against the company by Buywel Agencies Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Buywel Agencies Private Limited | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Kankriya Agencies Private Limited | Disposed |
| District court, Rangareddy, Telangana | Execution petition | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Gowra Petrochem Private Limited | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ashok Polymers Limited
Ashok Polymers Limited has a workforce of 6 employees as of Apr 04, 2024.
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.
CIN History of Ashok Polymers Limited
Ashok Polymers has one previous CIN (Corporate Identification Number): L18101AP1991PLC013270. The current CIN is L18101TG1991PLC013270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18101TG1991PLC013270 | Current |
| L18101AP1991PLC013270 | Previous |
Recent Activity on Ashok Polymers Limited
Ashok Polymers Limited has 13 board changes on record since 1997: 8 appointments and 5 cessations. The latest: Neha Maheshwari ceased to be CFO on 30 Jun 2018.
58 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashok Polymers 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 Ashok Polymers 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 Ashok Polymers 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 Ashok Polymers Limited
Ashok Polymers has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCA7669K1Z8 | Telangana | 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 Ashok Polymers 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 Ashok Polymers Limited
Ashok Polymers is an active public limited company based in Hyderabad, Telangana, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 30 September 1991 (35+ years old) and is registered under CIN L18101TG1991PLC013270.
Ashok Polymers reported revenue of ₹73.97 Cr for FY 2017 (down 11% YoY).
Ashok Polymers has 3 current directors:
- Narsingh Soni Das - Managing Director
- Ashok Kumar Soni - Whole-Time Director
- Kalpana Devi Soni - Director
Ashok Polymers reported a net loss of ₹1.6 Cr (net margin -2.2%) and EBITDA of ₹2.74 Cr (EBITDA margin 3.7%) for FY 2017, as per its filed financial statements.
The GSTIN of Ashok Polymers is 36AABCA7669K1Z8, registered in Telangana. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ashok Polymers is L18101TG1991PLC013270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Ashok Polymers is a listed company.
Ashok Polymers has 19 court cases on record: 5 filed by the company and 14 filed against it. 1 is pending. Most are in the district courts.
Ashok Polymers was incorporated on 30 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ashok Polymers by revenue are Atlantic Polymers Unit-Ii Private Limited, Vasu Polymers (India) Private Limited, Interweave Polytex Private Limited, Jabalpur Polytex Private Limited, Tricon Polyfabs Private Limited and 5 more, all in the Packaging industry (Polymers, Woven Products).
Neha Maheshwari ceased to be CFO on 30 Jun 2018. Vinod Kumar Pitti ceased to be Director on 17 Jan 2018. Bandirala Srinivas ceased to be Director on 05 Dec 2017. Ashok Polymers has 13 board changes on record in total.