MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-MH-26-0074774
Market Cap
₹278 Cr
ATHARVA · BSE
Share Price
₹171.85
+4.03% today
Revenue
₹54.39 Cr
FY 2025-26 · +14.4% YoY
EBITDA
₹9.74 Cr
Margin 17.9%
Net Profit
₹6.46 Cr
FY 2025-26 · +25.4% YoY
ROE
39.7%
ROCE 38.1%
Debt / Equity
0.54
Interest cover 16.9x
Authorised capital
₹17 Cr
Registered with MCA
About Atharva Poly-Plast Limited
Data last updated:
Atharva Poly-Plast Limited is a public limited company based in Pune, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 08 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209PN2014PLC150099. Its GSTIN is 27AAMCA3020F1Z2 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 544812.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹12.35 Cr. It was formerly known as Atharva Poly-Plast Private Limited. It is led by directors including Anujit Shivaji Darade (Managing Director) and Ashish Shivaji Darade.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹54.39 Cr, a growth of 14.4% compared to the previous year. For the same year it recorded a net profit of ₹6.46 Cr (net margin 11.9%) and EBITDA of ₹9.74 Cr (EBITDA margin 17.9%). The net worth stands at ₹19.58 Cr (up 49.4% YoY). Total assets are valued at ₹29.44 Cr (up 39.3% YoY).
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.53 Cr and satisfied charges of ₹10.26 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 3 deals on record (2 market trades, 1 ipo); the latest was in July 2026. Its 7 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Moldwell Products India Private Limited with revenue of ₹49.56 Cr.
Atharva Poly-Plast Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0074774). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajmudragroup.com.
Company details
CIN U25209PN2014PLC150099
Registration Number 150099
Incorporation Date 08 January 2014
ROC Pune
Listing Status Listed - Listed on BSE (544812)
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0074774
CIN history
Atharva Poly-Plast has one previous CIN (Corporate Identification Number): U25209PN2014PTC150099. The current CIN is U25209PN2014PLC150099, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209PN2014PLC150099 | Current |
| U25209PN2014PTC150099 | Previous |
Key People
Anujit Shivaji Darade Managing Director Ashish Shivaji Darade Director Shivaji Kisan Darade Director Recognitions & Rankings of Atharva Poly-Plast
Contact details
Atharva Poly-Plast Limited's registered office is in Pune, Maharashtra. Its website is rajmudragroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No W – 163 S Block, MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Atharva Poly-Plast Limited, buy the company report.
Comprehensive company report
Atharva Poly-Plast 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Atharva Poly-Plast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Atharva Poly-Plast Limited, buy the company report.
Financials of Atharva Poly-Plast Limited
FY 2025-26 filings availableAtharva Poly-Plast Limited reported revenue of ₹54.39 Cr (up 14.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹54.39 Cr
+14.4% YoY
EBITDA
₹9.74 Cr
+28.2% YoY
Profit After Tax
₹6.46 Cr
+25.4% YoY
Net Worth
₹19.58 Cr
+49.4% YoY
Total Assets
₹29.44 Cr
+39.3% YoY
Total Debt
₹9.76 Cr
+23.4% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 54.39 | 47.54 | 41.49 | 45.30 |
| Revenue growth | +14.4% | +14.6% | -8.4% | - |
| EBITDA | 9.74 | 7.60 | 4.47 | 3.34 |
| EBITDA margin | +17.9% | +16.0% | +10.8% | +7.4% |
| Profit before tax | 8.24 | 6.47 | 2.61 | 0.79 |
| Net profit | 6.46 | 5.15 | 2.00 | 0.69 |
| Net profit margin | +11.9% | +10.8% | +4.8% | +1.5% |
| EPS (₹) | 5.24 | 7.81 | 3.08 | 1.10 |
| Balance sheet | ||||
| Total assets | 29.44 | 21.13 | 21.39 | 21.94 |
| Net worth | 19.58 | 13.11 | 7.72 | 5.72 |
| Total debt | 9.76 | 7.91 | 13.59 | 16.17 |
| Cash & bank | 2.71 | 3.03 | 0.86 | 1.10 |
| Net working capital | 10.86 | 5.81 | 3.08 | 3.87 |
| Cash flow | ||||
| Cash from operations | 1.73 | 6.98 | 2.86 | 7.75 |
| Cash from investing | (2.37) | 1.56 | 0.96 | (1.91) |
| Cash from financing | 0.10 | (6.73) | (4.06) | (5.02) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 54.39 | 47.54 | 41.49 | 45.30 |
| Revenue growth | +14.4% | +14.6% | -8.4% | - |
| Other income | 1.51 | 1.53 | 1.61 | 1.52 |
| Total expenses | 44.65 | 39.94 | 37.02 | 41.96 |
| Employee cost | 1.39 | 1.34 | 0.95 | 0.95 |
| EBITDA | 9.74 | 7.60 | 4.47 | 3.34 |
| EBITDA margin | +17.9% | +16.0% | +10.8% | +7.4% |
| Depreciation | 1.64 | 1.61 | 1.88 | 1.92 |
| Interest | 1.37 | 1.05 | 1.59 | 2.15 |
| Profit before tax | 8.24 | 6.47 | 2.61 | 0.79 |
| Tax | 1.78 | 1.39 | 0.61 | 0.10 |
| Net profit | 6.46 | 5.15 | 2.00 | 0.69 |
| Net profit margin | +11.9% | +10.8% | +4.8% | +1.5% |
| EPS (₹) | 5.24 | 7.81 | 3.08 | 1.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 12.35 | 6.50 | 6.50 | 6.50 |
| Reserves & surplus | 7.23 | 6.61 | 1.22 | (0.78) |
| Shareholders' funds (net worth) | 19.58 | 13.11 | 7.72 | 5.72 |
| Secured loans | 2.00 | 0.00 | 7.58 | 9.61 |
| Unsecured loans | 7.76 | 7.91 | 6.01 | 6.56 |
| Total debt | 9.76 | 7.91 | 13.59 | 16.17 |
| Total liabilities | 29.44 | 21.13 | 21.39 | 21.94 |
| Assets | ||||
| Gross block | 37.83 | 34.13 | 33.87 | 33.30 |
| Net block | 17.55 | 15.49 | 16.85 | 18.15 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 7.67 | 6.04 | 5.24 | 4.57 |
| Sundry debtors | 11.73 | 4.30 | 7.05 | 7.63 |
| Cash & bank balances | 2.71 | 3.03 | 0.86 | 1.10 |
| Loans & advances | 2.66 | 1.68 | 0.47 | 0.78 |
| Total current assets | 24.77 | 15.05 | 13.62 | 14.08 |
| Total current liabilities | 13.91 | 9.24 | 10.54 | 10.21 |
| Net working capital | 10.86 | 5.81 | 3.08 | 3.87 |
| Total assets | 29.44 | 21.13 | 21.39 | 21.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 2.67 | 0.87 | 1.10 | 0.28 |
| Net cash from operating activities | 1.73 | 6.98 | 2.86 | 7.75 |
| Net cash from investing activities | (2.37) | 1.56 | 0.96 | (1.91) |
| Net cash from financing activities | 0.10 | (6.73) | (4.06) | (5.02) |
| Net change in cash | (0.54) | 1.81 | (0.24) | 0.82 |
| Closing cash | 2.71 | 3.03 | 0.86 | 1.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +14.4% | +14.6% | -8.4% | - |
| EBITDA growth | +28.2% | +70.0% | +33.8% | - |
| PBT growth | +27.4% | +147.9% | +230.4% | +9997.0% |
| Net income growth | +25.4% | +157.5% | +189.9% | - |
| Revenue CAGR (3Y) | +6.3% | - | - | - |
| EBITDA CAGR (3Y) | +42.9% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +11.9% | +10.7% | +4.8% | +1.5% |
| Return on capital employed | +38.1% | +35.9% | +18.9% | +12.8% |
| Return on net worth | +39.7% | +51.0% | +27.5% | +10.4% |
| Debt / equity | 0.54 | 1.04 | 2.21 | 2.83 |
| Long-term debt / equity | 0.18 | 0.27 | 0.66 | 0.95 |
| Interest cover | 16.91 | 17.53 | 61.39 | 151.41 |
| Efficiency & per share | ||||
| Fixed asset turnover | 1.51 | 1.40 | 1.24 | 1.36 |
| Inventory turnover | 7.93 | 8.43 | 8.46 | 9.91 |
| Debtors turnover | 6.79 | 8.38 | 5.65 | 5.94 |
| EPS (₹) | 5.24 | 7.81 | 3.08 | 1.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 15.85 | 20.17 | 11.88 | 8.80 |
To see the full year-wise statements and ratios of Atharva Poly-Plast Limited, buy the company report.
Board of directors of Atharva Poly-Plast Limited
Atharva Poly-Plast has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anujit Shivaji Darade Also directs: Torkflux India Private Limited | Managing Director | 08 Jan 2014 | 12 Years 10 Months | Current |
| Ashish Shivaji Darade Also directs: Prasad Meditech (India) LLP | Director | 03 Mar 2025 | 1 Years 8 Months | Current |
| Shivaji Kisan Darade Also directs: Prasad Meditech (India) LLP | Director | 15 Oct 2021 | 5 Years 0 Months | Current |
| Sadhana Shivaji Darade | Director | 30 Jun 2025 | 1 Years 4 Months | Current |
| Amruta Nishant Patil | Director | 10 Jul 2025 | 1 Years 4 Months | Current |
| Prity Bishwakarma | Director | 10 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Atharva Poly-Plast Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atharva Poly-Plast Limitedthis company | ₹54.39 Cr (FY 2026) | ₹6.46 Cr | 11.9% | 14.4% | 30 | Pune, Maharashtra, India |
| Moldwell Products India Private Limited | ₹49.56 Cr (FY 2023) | 35.0% | Coimbatore, Tamil Nadu, India | |||
| Gurudev Plastics Private Limited | ₹49.31 Cr (FY 2024) | 21.0% | Mangalore, Karnataka, India | |||
| Uniko Plast Private Limited | ₹49.19 Cr (FY 2025) | 16.0% | Gwalior, Madhya Pradesh, India | |||
| Joyful Plastics Private Limited | ₹49.18 Cr (FY 2024) | -18.0% | Mumbai, Maharashtra, India | |||
| Shriram Filaments and Ropes Private Limited | ₹48.95 Cr (FY 2025) | -13.0% | Barshi, Maharashtra, India | |||
| Dhaulagiree Polyolefins Pvt Ltd | ₹48.83 Cr (FY 2024) | 5.0% | Howrah, West Bengal, India | |||
| Kohinoor Pondliner Private Limited | ₹48.73 Cr (FY 2024) | 23.0% | Pune, Maharashtra, India |
To see the full peer comparison of Atharva Poly-Plast Limited, buy the company report.
Auditor
Atharva Poly-Plast Limited is audited by Dhiraj Rathi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhiraj Rathi & Co | FY 2023 | 123621W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 100.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 0.00%.
Sep 2026
QUARTER
100.00% Promoters
Promoter holding - history
Now 100.00% · Sep 2026High 100.00% · Jun 2026Low 100.00% · Jun 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | |
|---|---|---|
| Promoters | 100.00% | 100.00% |
| Public | 0.00% | 0.00% |
Charges & borrowings
Open charges
₹25.53 Cr
Satisfied charges
₹10.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2025 | 101102467 | Others | ₹4.26 Cr | Open | |
| 17 Jan 2017 | 100079619 | Others | ₹1.93 Cr | Open | |
| 25 Apr 2015 | 10567693 | Others | ₹14.33 Cr | Open | |
| 24 Apr 2015 | 10567682 | The Shamrao Vithal Co-Operative Bank Ltd. | ₹5 Cr | Open | |
| 24 Apr 2015 | 10567687 | The Shamrao Vithal Co-Operative Bank Ltd. | ₹5.61 Cr | Satisfied |
To see the full charge records of Atharva Poly-Plast Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Atharva Poly-Plast Limited has 3 deals on record (2 market trades, 1 ipo); the latest was in July 2026.
Total deals
3
Market trades
2
IPO
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹70 Lakh | Buyer: R K Stockholding Private Ltd Seller: R K Stockholding Private Ltd |
| Jul 2026 | Market trade | ₹2.59 Cr | Buyer: Anant Wealth Consultants Private Limited , R K Stockholding Private Ltd, an individual Seller: Darwin Evolution Growth Fund |
| Jul 2026 | IPO | ₹27 Cr | Investors: Upsurge OpportunitiesFund 1, Skg Investment Trust-Skg India Small andMidcap Fund, J4S Venture Fund 1 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Atharva Poly-Plast Limited has 4 court cases on record: 1 filed by Atharva Poly-Plast, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Kkalpana Industries (India) Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by P K International, Through Its Proprietor, Shri Piyushkumar Khumchand Jain | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Kkalpana Industries (India) Limited | Disposed |
To see the full case history of Atharva Poly-Plast 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 Atharva Poly-Plast Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atharva Poly-Plast Limited has a workforce of 30 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-21.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 30 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Atharva Poly-Plast Limited, buy the company report.
GST
Atharva Poly-Plast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA3020F1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atharva Poly-Plast Limited, buy the company report.
Recent activity
Atharva Poly-Plast Limited has 11 board changes on record since 2014: 6 appointments and 5 cessations. The latest: Amruta Nishant Patil was appointed as Director on 10 Jul 2025.
Filing
Atharva Poly-Plast Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Atharva Poly-Plast Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 4.26 Cr registered on 16 May 2025 with Charge ID 101102467 was modified on 02 Sep 2025.
Appointed
Amruta Nishant Patil was appointed as Director.
Ceased
Jayamala Tanaji Vidhate ceased to be Director.
Appointed
Sadhana Shivaji Darade was appointed as Director.
Ceased
Sadhana Shivaji Darade ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 4.26 Cr with Charge ID 101102467 was registered on 16 May 2025.
Appointed
Prity Bishwakarma was appointed as Director.
Ceased
Anujit Shivaji Darade ceased to be Managing Director.
Appointed
Ashish Shivaji Darade was appointed as Director.
Charges
A charge registered on 24 Apr 2015 via Charge ID 10567687 with The Shamrao Vithal Co-Operative Bank Ltd. was fully satisfied on 03 Mar 2022.
14 earlier events are in the company report.
Frequently asked questions
Atharva Poly-Plast is an active public limited company based in Pune, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 08 January 2014 (12+ years old) and is registered under CIN U25209PN2014PLC150099. Listed on BSE: 544812.
Atharva Poly-Plast reported revenue of ₹54.39 Cr for FY 2025-26 (up 14.4% YoY) based on standalone financials.
Atharva Poly-Plast has 6 current directors:
- Anujit Shivaji Darade - Managing Director
- Ashish Shivaji Darade - Director
- Shivaji Kisan Darade - Director
- Sadhana Shivaji Darade - Director
- Amruta Nishant Patil - Director
- Prity Bishwakarma - Director
The latest financial statements of Atharva Poly-Plast on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atharva Poly-Plast is 27AAMCA3020F1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Atharva Poly-Plast is U25209PN2014PLC150099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Atharva Poly-Plast is a listed company as per MCA records. Its shares are listed on BSE (code: 544812).
Atharva Poly-Plast has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Atharva Poly-Plast was incorporated on 08 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Atharva Poly-Plast has 3 deals on record (2 market trades, 1 ipo); the latest was in July 2026.
The peers of Atharva Poly-Plast by revenue are Moldwell Products India Private Limited, Gurudev Plastics Private Limited, Uniko Plast Private Limited, Joyful Plastics Private Limited, Shriram Filaments and Ropes Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages