Atul Polymers Products Limited

Atul Polymers Products Limited - manufacturing in Valsad, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2011PLC065979 Incorporated 20 June 2011 ROC Ahmedabad HQ Valsad, Gujarat, India
Active Public Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹35,980
▼ 27% YoY
Net profit · FY 2025
₹6,980
Net margin 19.4%
EBITDA · FY 2025
₹19,820
EBITDA margin 55.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Atul Polymers Products Limited

Data last updated:

Atul Polymers Products Limited is a public limited company based in Valsad, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 20 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2011PLC065979. Its GSTIN is 24AAKCA6252F1ZU (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Atul Elkay Polymers Limited. It is led by directors including Apurva Mrighank Dutta and Gopi Kannan Rengachari Thirukonda.

Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 7 Post Atul Valsad, Gujarat, India – 396020.

As per the financials filed for FY 2025, the company reported a revenue of ₹35,980, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹6,980 (net margin 19.4%) and EBITDA of ₹19,820 (EBITDA margin 55.1%).

The company is associated with 1 brand: Atul. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2016. Its 10 peer companies in the Manufacturing industry (Paints, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Akashdeep Polymers Private Limited with revenue of ₹38,806.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atul.co.in.

Company details

CIN U24100GJ2011PLC065979
Registration Number 065979
Incorporation Date 20 June 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Atul Polymers Products Limited's registered office is in Valsad, Gujarat. Its website is atul.co.in. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    E – 7 Post Atul Valsad, Gujarat, India – 396020
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Atul Polymers Products Limited, buy the company report.

Comprehensive company report
Atul Polymers Products 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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Brands

Atul Polymers Products operates one associated brand: Atul. Each brand links to its own profile.

BrandDescriptionWebsite
Fine chemicals are manufactured by Atul in Ahmedabad, India.atul.co.in

Financials of Atul Polymers Products Limited

FY 2025 filings available

Atul Polymers Products Limited reported revenue of ₹35,980 (down 27% YoY) for FY 2025.

Revenue · FY 2025
₹35,980 ▼ 27%
Net profit · FY 2025
₹6,980 margin 19.4%
EBITDA · FY 2025
₹19,820 margin 55.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 42%
5 years · compounded
▲ 26%

Revenue fell 27% in the latest year. EBITDA fell 36% 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₹19,820
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6,980
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 Margin55.1%
Net Profit Margin19.4%
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 Atul Polymers Products Limited, buy the company report.

Board of directors of Atul Polymers Products Limited

Atul Polymers Products has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Apurva Mrighank DuttaDirector10 Apr 20197 Years 6 MonthsCurrent
Gopi Kannan Rengachari ThirukondaDirector02 Apr 201214 Years 6 MonthsCurrent
Rohit Rasikchandra JoshiDirector04 Dec 20232 Years 10 MonthsCurrent

Peer comparison

Atul Polymers Products Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paints, Polymers), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Akashdeep Polymers Private Limited₹38,806 (FY 2019)-99.0%Amritsar, Punjab, India
Patradharini Polymers Private Limited₹38,151 (FY 2025)70.0%Bangalore, Karnataka, India
Karma Polymers Private Limited₹37,559 (FY 2024)Kolkata, West Bengal, India
Camkarl Paints Private Limited₹37,080 (FY 2025)-71.0%Tonk, Rajasthan, India
Atul Paints Limited₹36,960 (FY 2025)725.0%Valsad, Gujarat, India
Atul Polymers Products Limitedthis company₹35,980 (FY 2025)₹6,98019.4%-27.0%Valsad, Gujarat, India
Sandipack Private Limited₹35,401 (FY 2021)Zamrudpur, Delhi, India
Tugania Paints Private Limited₹34,766 (FY 2025)Uttar Pradesh, India
Ucp Polymers Private Limited₹34,062 (FY 2025)24.0%Kolkata, West Bengal, India
JKB Polymers Private Limited₹31,764 (FY 2021)24.0%Kolkata, West Bengal, India
Southern Polymers Private Limited₹31,709 (FY 2025)5.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Atul Polymers Products Limited, buy the company report.

Auditor

Atul Polymers Products Limited is audited by GHANSHYAM PAREKH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
GHANSHYAM PAREKH & COFY 2021131167W

Shareholding

The shareholding of Atul Polymers Products Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Atul Polymers Products Limited, buy the company report.

Deals & funding

Atul Polymers Products Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2016.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Jun 2016Secondary share transferUndisclosedBuyer: Atul Infotech Private Limited
Seller: Atul Consumer Products Limited
May 2015Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

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 Atul Polymers Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Atul Polymers Products has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Atul Polymers Products has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA6252F1ZUGujaratActive01 Jul 2017

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

Recent activity

Atul Polymers Products Limited has 19 board changes on record since 2011: 11 appointments and 8 cessations. The latest: Rohit Rasikchandra Joshi was appointed as Director on 04 Dec 2023.

AGM
Atul Polymers Products Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Filing
Atul Polymers Products Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Rohit Rasikchandra Joshi was appointed as Director.
Ceased
Vasudev Venkateswararao Koppaka ceased to be Director.
Ceased
Satej Mahadeo Nabar ceased to be Managing Director.
Appointed
Vasudev Venkateswararao Koppaka was appointed as Director.
Appointed
Apurva Mrighank Dutta was appointed as Director.
Ceased
Rafael Habib ceased to be Director.
Ceased
Verda Habib ceased to be Director.
Ceased
Satya Narayan Mundra ceased to be Director.
Appointed
Satej Mahadeo Nabar was appointed as Managing Director.
Ceased
Rajesh Manshiram Bhasin ceased to be Managing Director.

10 earlier events are in the company report.

Frequently asked questions

Atul Polymers Products is an active public limited company based in Valsad, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 20 June 2011 (15+ years old) and is registered under CIN U24100GJ2011PLC065979.

Atul Polymers Products has 3 current directors:

The latest financial statements of Atul Polymers Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Atul Polymers Products is 24AAKCA6252F1ZU, registered in Gujarat.

The CIN (Corporate Identification Number) of Atul Polymers Products is U24100GJ2011PLC065979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Atul Polymers Products was incorporated on 20 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Atul Polymers Products has 2 deals on record (2 secondary share transfers); the latest was in June 2016.

The peers of Atul Polymers Products by revenue are Akashdeep Polymers Private Limited, Patradharini Polymers Private Limited, Karma Polymers Private Limited, Camkarl Paints Private Limited, Atul Paints Limited and 5 more, all in the Manufacturing industry (Paints, Polymers).

Rohit Rasikchandra Joshi was appointed as Director on 04 Dec 2023. Vasudev Venkateswararao Koppaka ceased to be Director on 30 Nov 2023. Satej Mahadeo Nabar ceased to be Managing Director on 16 Apr 2020. Atul Polymers Products has 19 board changes on record in total.

Atul Polymers Products can be reached through the website atul.co.in. Its registered office is in Valsad, Gujarat, India.

The registered office of Atul Polymers Products is at E – 7 Post Atul Valsad, Gujarat, India – 396020.