About Atlantic Polymers Private Limited
Data last updated:
Atlantic Polymers 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 12 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24132MH2010PTC200019. Its GSTIN is 27AAICA3415A1Z9 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Apple Polymers Private Limited. It is led by directors Ashok Harikant Thakkar (Managing Director) and Ketan Harikant Thakkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 – A Sejal Encasa 4th Floor Kandivali West S.V. Road, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.28 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹83.83 Lakh (net margin 0.8%) and EBITDA of ₹3.92 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Fixoboard and Atlantic Polymers. As per MCA filings, the company has open charges of ₹26.82 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹74 Lakh; the latest was in November 2016. Its 10 peer companies in the Manufacturing industry (Plastics and Resins, Polymers, Rubber Based Products) are compared by revenue, 5 larger and 5 smaller; the largest is Matangi Rubber Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atlanticpolymers.net.
- EmailLocked
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- Website
- Social Media
- Registered Address4 – A Sejal Encasa 4th Floor Kandivali West S.V. Road, Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Plastic & Resins, Rubber-Based 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 Atlantic Polymers Private Limited
The main business activity of Atlantic 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 Atlantic Polymers Private Limited FY 2025 filings available
Atlantic Polymers Private Limited reported revenue of ₹103.28 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Atlantic Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 14% growth in the latest year. EBITDA rose 13% 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 Atlantic Polymers Private Limited
| 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 | ₹3.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹83.83 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 Atlantic Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Atlantic 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 Atlantic Polymers Private Limited
Atlantic Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers, Rubber Based Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matangi Rubber Limited | •••• | •••• | •••• | •••• | 77 | New Delhi, Delhi, India |
| Century Industrial Products Private Limited | •••• | •••• | •••• | •••• | 111 | Hooghly, West Bengal, India |
| Fine Orgokem Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Epack Petrochem Solutions Private Limited | •••• | •••• | •••• | •••• | 60 | New Delhi, Delhi, India |
| Jai Ambe Rubber Products Private Limited | •••• | •••• | •••• | •••• | 76 | Gummidipoondi, Tamil Nadu, India |
| Atlantic Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Tolin Rubbers Private Limited | •••• | •••• | •••• | •••• | - | Aluva, Kerala, India |
| Scott Bader Private Limited | •••• | •••• | •••• | •••• | 27 | Mumbai, Maharashtra, India |
| Devi Polymers Private Limited | •••• | •••• | •••• | •••• | - | Ambattur, Tamil Nadu, India |
| A.M. Masterbatch Private Limited | •••• | •••• | •••• | •••• | 25 | Ahmadabad City, Gujarat, India |
| Ams Polymers Limited Listed | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Atlantic Polymers by revenue in the Manufacturing industry (Plastics and Resins, Polymers, Rubber Based Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Atlantic Polymers Private Limited
Atlantic Polymers Private Limited is audited by P.G.Ranade & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.G.Ranade & 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 Atlantic Polymers Private Limited
Atlantic Polymers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Harikant Thakkar Also directs: Atlantic Polymers Unit-Ii Private Limited | Managing Director | 12 Feb 2010 | 16 Years 7 Months | Current |
| Ketan Harikant Thakkar Also directs: Atlantic Polymers Unit-Ii Private Limited | Whole-Time Director | 15 Nov 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Atlantic Polymers 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 Atlantic Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2022 | Hdfc Bank Limited | ₹20.93 Lakh | Open |
| 20 Jan 2022 | Others | ₹72 Lakh | Open |
| 22 Sep 2020 | Others | ₹2.35 Cr | Open |
| 29 Mar 2017 | Others | ₹1.5 Cr | Open |
| 13 Feb 2014 | Others | ₹22.04 Cr | Open |
Total charge records: 5 View all charges
Deals & Funding of Atlantic Polymers Private Limited
Atlantic Polymers Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹74 Lakh; the latest was in November 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
| Nov 2013 | Funding round | ₹74 Lakh | Investors: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Atlantic Polymers Private Limited
Atlantic Polymers Private Limited has 6 court cases on record: 5 filed by Atlantic Polymers, 1 filed against it. 3 cases are pending and 3 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Cheque dishonour complaint | Filed by the company against G B Extrusions Private Limited | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Sajalray Bankimchandra Oza | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Prayog Enterprises Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
Full case history
All 6 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.
Associated Brands with Atlantic Polymers Private Limited
Atlantic Polymers operates two associated brands: Fixoboard and Atlantic Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures eco-friendly PVC/WPC products for construction, furniture, and green applications. | fixoboard.in | |
| Manufacturing and supplying rubberised PVC moulds for concrete products in India. | atlanticpolymers.net |
Employees and EPFO Compliance at Atlantic Polymers Private Limited
Atlantic Polymers Private Limited has a workforce of 13 employees as of Mar 31, 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.
Recent Activity on Atlantic Polymers Private Limited
Atlantic Polymers Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Karan Ashok Thakkar ceased to be Director on 04 Jun 2020.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Atlantic Polymers 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 Atlantic Polymers 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 Atlantic Polymers 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 Atlantic Polymers Private Limited
Atlantic Polymers has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA3415A1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 26AAICA3415A1ZB | Dadra and Nagar Haveli and Daman and Diu | 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 Atlantic Polymers 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 Atlantic Polymers Private Limited
Atlantic Polymers 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 12 February 2010 (16+ years old) and is registered under CIN U24132MH2010PTC200019.
Atlantic Polymers reported revenue of ₹103.28 Cr for FY 2025 (up 14% YoY).
Atlantic Polymers has 2 current directors:
- Ashok Harikant Thakkar - Managing Director
- Ketan Harikant Thakkar - Whole-Time Director
Atlantic Polymers reported a net profit of ₹83.83 Lakh (net margin 0.8%) and EBITDA of ₹3.92 Cr (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Atlantic Polymers is 12% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Atlantic Polymers is 27AAICA3415A1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 26AAICA3415A1ZB (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Atlantic Polymers is U24132MH2010PTC200019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atlantic Polymers has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending.
Atlantic Polymers was incorporated on 12 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Atlantic Polymers has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹74 Lakh; the latest was in November 2016.
The peers of Atlantic Polymers by revenue are Matangi Rubber Limited, Century Industrial Products Private Limited, Fine Orgokem Private Limited, Epack Petrochem Solutions Private Limited, Jai Ambe Rubber Products Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins, Polymers, Rubber Based Products).