MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0042686
Associated Polytech Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.72 Cr
▼ 48% YoY
Net profit · FY 2025
₹7.52 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹28.8 Lakh
EBITDA margin 3%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.14 Cr
Issued & subscribed
Open charges
₹6.98 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
8
Provident fund records
About Associated Polytech Industries Private Limited
Data last updated:
Associated Polytech Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 13 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2008PTC183499. Its GSTIN is 27AAHCA1019K1ZT (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.14 Cr. It is led by directors including Harshad Babaji Sawant and Babaji Dhaku Sawant.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.72 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹7.52 Lakh (net margin 0.8%) and EBITDA of ₹28.8 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.98 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Associated Polytech Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0042686). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apipl.in.
Company details
CIN U51900MH2008PTC183499
Registration Number 183499
Incorporation Date 13 June 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0042686
Key People
Harshad Babaji Sawant Director Babaji Dhaku Sawant Director Dhiraj Babaji Sawant Director Recognitions & Rankings of Associated Polytech Industries
Contact details
Associated Polytech Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is apipl.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address116 Sagar Prabhat Industrial Estate Near Dahisar Check Naka Western Express Highway Dah, Isar East, Mumbai, Maharashtra, India – 400068
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Associated Polytech Industries Private Limited, buy the company report.
Comprehensive company report
Associated Polytech Industries 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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Secure checkout · GST invoice included
Business activity
The main business activity of Associated Polytech Industries is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Associated Polytech Industries Private Limited, buy the company report.
Financials of Associated Polytech Industries Private Limited
FY 2025 filings availableAssociated Polytech Industries Private Limited reported revenue of ₹9.72 Cr (down 48% YoY) for FY 2025.
Revenue · FY 2025
₹9.72 Cr ▼ 48%
Net profit · FY 2025
₹7.52 Lakh margin 0.8%
EBITDA · FY 2025
₹28.8 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 21%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 30%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 48% fall in the latest year. EBITDA fell 50% 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 |
|---|---|---|---|---|---|
| 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 | ₹28.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.52 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Associated Polytech Industries Private Limited, buy the company report.
Board of directors of Associated Polytech Industries Private Limited
Associated Polytech Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Babaji Sawant Also directs: Westin Resins & Polymers Private Limited | Director | 13 Jun 2008 | 18 Years 4 Months | Current |
| Babaji Dhaku Sawant Also directs: Westin Resins & Polymers Private Limited, Westin Coating LLP, Konkan Konark Agro Industries LLP and 1 more | Director | 13 Jun 2008 | 18 Years 4 Months | Current |
| Dhiraj Babaji Sawant Also directs: Westin Resins & Polymers Private Limited, Westin Coating LLP | Director | 13 Jun 2008 | 18 Years 4 Months | Current |
Peer comparison
Associated Polytech Industries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.D.S. Jewellers Private Limited | ₹9.75 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Prakriti Cart Private Limited | ₹9.74 Cr (FY 2023) | -99.0% | Bangalore, Karnataka, India | |||
| Pallium Marketing Private Limited | ₹9.74 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| Sweety Jewellery Gold & Silver Private Limited | ₹9.73 Cr (FY 2025) | 72.0% | Siliguri, West Bengal, India | |||
| Gaba Times Pvt Ltd | ₹9.72 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Associated Polytech Industries Private Limitedthis company | ₹9.72 Cr (FY 2025) | ₹7.52 Lakh | 0.8% | -48.0% | Mumbai, Maharashtra, India | |
| Stepearly Private Limited | ₹9.72 Cr (FY 2025) | 70.0% | Pune, Maharashtra, India | |||
| Shiv Ganga Super Market 3D Private Limited | ₹9.71 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Shubham Chains and Ornaments Private Limited | ₹9.71 Cr (FY 2025) | Delhi, India | ||||
| Baslate India Private Limited | ₹9.7 Cr (FY 2025) | 729.0% | Pune, Maharashtra, India | |||
| Sambhav Homestore Private Limited | ₹9.69 Cr (FY 2025) | 951904.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Associated Polytech Industries Private Limited, buy the company report.
Auditor
Associated Polytech Industries Private Limited is audited by D KOTHARY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D KOTHARY & CO | FY 2020 | 105335W |
Shareholding
The shareholding of Associated Polytech Industries Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Associated Polytech Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2009 | 10184240 | Others | ₹6.98 Cr | Open |
To see the full charge records of Associated Polytech Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Associated Polytech Industries Private Limited has 3 court cases on record: 3 filed by Associated Polytech Industries. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against M/S. Sandeep Plastic Industries | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Associated Polytech Industries 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.
Credit ratings & regulatory alerts
Associated Polytech Industries Private Limited was last rated by Care on 25 May 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 May 2023 |
To see the full credit ratings and regulatory alerts of Associated Polytech Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Associated Polytech Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Associated Polytech Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA1019K1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Polytech Industries Private Limited, buy the company report.
Recent activity
Associated Polytech Industries Private Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Suchita Babaji Sawant ceased to be Director on 01 Oct 2020.
AGM
Associated Polytech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Associated Polytech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Suchita Babaji Sawant ceased to be Director.
Charges
A charge with Others of Rs. 6.98 Cr registered on 06 Oct 2009 with Charge ID 10184240 was modified on 15 Jun 2020.
Charges
A charge with Others amounted to Rs. 6.98 Cr with Charge ID 10184240 was registered on 06 Oct 2009.
Appointed
Babaji Dhaku Sawant was appointed as Director.
Appointed
Dhiraj Babaji Sawant was appointed as Director.
Appointed
Harshad Babaji Sawant was appointed as Director.
Appointed
Suchita Babaji Sawant was appointed as Director.
Incorporation
13 Jun 2008
Associated Polytech Industries Private Limited was registered on 13 Jun 2008 with Roc Mumbai & aged 18 years 5 months as per MCA records.
Frequently asked questions
Associated Polytech Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 13 June 2008 (18+ years old) and is registered under CIN U51900MH2008PTC183499.
Associated Polytech Industries has 3 current directors:
- Harshad Babaji Sawant - Director
- Babaji Dhaku Sawant - Director
- Dhiraj Babaji Sawant - Director
The latest financial statements of Associated Polytech Industries 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 Associated Polytech Industries is 27AAHCA1019K1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Associated Polytech Industries is U51900MH2008PTC183499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Polytech Industries has 3 court cases on record: 3 filed by the company. 2 are pending.
Associated Polytech Industries was incorporated on 13 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Associated Polytech Industries by revenue are B.D.S. Jewellers Private Limited, Prakriti Cart Private Limited, Pallium Marketing Private Limited, Sweety Jewellery Gold & Silver Private Limited, Gaba Times Pvt Ltd and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Suchita Babaji Sawant ceased to be Director on 01 Oct 2020. Babaji Dhaku Sawant was appointed as Director on 13 Jun 2008. Dhiraj Babaji Sawant was appointed as Director on 13 Jun 2008. Associated Polytech Industries has 5 board changes on record in total.
Yes, Associated Polytech Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0042686).
Associated Polytech Industries can be reached through the website apipl.in. Its registered office is in Mumbai, Maharashtra, India.
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