About Dalmia Polypro Industries
Dalmia Polypro Industries is an Environment company based in Mumbai (India) founded in 2006 by Aditya Dalmia. Dalmia Polypro Industries has raised $10.78 million across 4 funding rounds from investors including Elcid Investments, DFC and Circulate Capital. Dalmia Polypro Industries was last valued at $38.35 million in December 2022. Its Indian entity Dalmia Polypro Industries Private Limited reported revenue of ₹168 Cr. Dalmia Polypro Industries offers products and services including Recycled Flakes and Granules and EPR Services. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Tech Enabled Recyclers. Its competitors include Banyan Nation, Srichakra Polyplast and Karo Sambhav; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2006 and based in Mumbai, India, the company operates in the plastics recycling sector. Post-consumer waste is sourced from supply chain points such as waste pickers and municipalities. This waste is processed into high-quality recycled PET and polyolefin products for applications in fashion, consumer packaging, and material handling. Assistance is also provided to companies in fulfilling extended producer responsibility obligations, supporting circular economy practices.
- Headquarters Mumbai, India
- Founders Aditya Dalmia
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website dalmiapolypro.in
- Social LinkedIn
- Legal Name Dalmia Polypro Industries Private Limited
- Date of Incorporation 07 Oct, 1970
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹168 Cr
FY 2025 · +13% YoY
- Net Profit₹2.71 Cr
FY 2025 · 2% margin
- EBITDA₹35.7 Lakh
FY 2025 · 0% margin
- Total Equity Funding$10.78M (USD)
in 4 rounds
- Latest Funding Round$1.76M (USD), Series A
Dec 2024
- InvestorsElcid Investments
& 3 more
Associated legal entities of Dalmia Polypro Industries
Dalmia Polypro Industries operates through Dalmia Polypro Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dalmia Polypro Industries Private Limited CIN U28932MH1970PTC014814 | Active | 07 Oct 1970 | Mumbai, Maharashtra | ₹168 Cr | 218 | 6 | View details |
Products & Services of Dalmia Polypro Industries
Dalmia Polypro Industries offers a comprehensive portfolio of products and services, including Recycled Flakes and Granules and EPR Services.
Produces high-quality recycled PET and Polyolefin for industries like packaging.
Assists brands in fulfilling Extended Producer Responsibility obligations.
Funding Insights of Dalmia Polypro Industries
Dalmia Polypro Industries has successfully raised a total of $10.78M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.76 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.78M
- Total Rounds 4
- Last Round Series A — $1.76M
- First Round $5.08M
(Dec 2020)
- Investors Count 4
All 4 funding rounds of Dalmia Polypro Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $1.76M | Series A | – | Elcid Investments | – |
| Oct 2023 | $30M | Debt – Conventional | – | – | |
| Dec 2022 | $3.94M | Series A | $38.35M | Circulate Capital | – |
| Dec 2020 | $5.08M | Series A | $35.61M | Circulate Capital |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $38.35M | •••••••• |
| Dec 2020 | $35.61M | •••••••• |
Last known valuation $38.35M (Dec 2022). 4 investors in total: 4 institutional.
Investors in Dalmia Polypro Industries
Dalmia Polypro Industries has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Elcid Investments, DFC and Circulate Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency supporting the development of SMEs | 2019 | dfc.gov | ||
Investment management focused on circular economy and plastic supply chains in high-growth markets. | 2017 | circulatecapital.com | ||
Infrastructure investments are directed toward multiple sectors by this fund. | Singapore, Singapore | |||
Diversified investment management is handled by Elcid Investments across sectors. | 1981 | elcidinvestments.com | Mumbai, India |
Investor details for Dalmia Polypro Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dalmia Polypro Industries Private Limited (Dalmia Polypro Industries)
Dalmia Polypro Industries Private Limited is the primary company behind Dalmia Polypro Industries. The board of Dalmia Polypro Industries Private Limited currently have 5 directors; the longest-serving is Aditya Kumar Amarchand Dalmia, appointed in 2009. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Kumar Amarchand Dalmia DIN 00634890 | Managing Director | 13 Jan 2009 | 17 yrs 9 mo | Dalmia Polypro Industries Private Limited |
| Sharma Omkarprasad Mahesh DIN 06520992 | Whole-time director | 01 Mar 2013 | 13 yrs 8 mo | Dalmia Polypro Industries Private Limited |
| Robert Ira Kaplan DIN 08711799 | Director | 08 Dec 2020 | 5 yrs 11 mo | Dalmia Polypro Industries Private Limited |
| Maganti Narayanarao Sudhindra DIN 01820347 | Director | 29 Apr 2025 | 1 yr 6 mo | Dalmia Polypro Industries Private Limited |
| Rajendra Kumar Jagnani DIN 02551295 | Director | 29 Apr 2025 | 1 yr 6 mo | Dalmia Polypro Industries Private Limited |
People of Dalmia Polypro Industries
2 people are tracked at Dalmia Polypro Industries (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & MD | Leadership | |
| Managing Director | Leadership |
Complete people profiles for Dalmia Polypro Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Dalmia Polypro Industries
Figures of Dalmia Polypro Industries Private Limited, the primary company behind Dalmia Polypro Industries, for FY 2025. Revenue was ₹168 Cr (+13% year on year). Net profit was ₹2.71 Cr (2% margin). EBITDA was ₹35.7 Lakh (0% margin).
- ₹168 CrRevenue · FY 2025 · +13% YoY
- ₹2.71 CrNet profit · 2% margin
- ₹35.7 LakhEBITDA · 0% margin
- ₹4.88 CrPaid-up capital
- 218Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Dalmia Polypro Industries Private Limited are on its company page.
Detailed financial statements for Dalmia Polypro Industries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Dalmia Polypro Industries
4 dated milestones of Dalmia Polypro Industries across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Dalmia Polypro Industries is founded.
- Funding First funding round of $5.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.8M.
Competitors of Dalmia Polypro Industries
Dalmia Polypro Industries has 3 listed competitors in our database, 2 of them funded. They include Banyan Nation, Srichakra Polyplast and Karo Sambhav.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| banyannation.com | 2013 | Hyderabad, India | $800,000 | 205 | Post-consumer and industrial plastics are recycled into comparable granules. | |
| srichakra.in | 2010 | Hyderabad, India | $12.08M | 170 | End-to-end plastic recycling and waste management solutions are provided. | |
| karosambhav.com | 2017 | Gurugram, India | 45 | Provides recycling solutions for e-waste, plastic, and batteries in India. |
Detailed competitors of Dalmia Polypro Industries
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Dalmia Polypro Industries
The website of Dalmia Polypro Industries (dalmiapolypro.in) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 33% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Dalmia Polypro Industries (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Dalmia Polypro Industries
Complete news archive for Dalmia Polypro Industries
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dalmia Polypro Industries
Dalmia Polypro Industries was founded in 2006 and raised its 1st funding round 14 years after it was founded.
Dalmia Polypro Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dalmia Polypro Industries is a funded company, having raised a total of $10.78M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.08M, raised on Dec 2020.
The primary company behind Dalmia Polypro Industries, Dalmia Polypro Industries Private Limited, reported revenue of ₹168 Cr for FY 2025, up 13% year on year.
Founded in 2006 and based in Mumbai, India, the company operates in the plastics recycling sector. Post-consumer waste is sourced from supply chain points such as waste pickers and municipalities. This waste is processed into high-quality recycled PET and polyolefin products for applications in fashion, consumer packaging, and material handling. Assistance is also provided to companies in fulfilling extended producer responsibility obligations, supporting circular economy practices.
Dalmia Polypro Industries's top competitors include Srichakra Polyplast, Banyan Nation and Karo Sambhav.
Dalmia Polypro Industries offers Recycled Flakes and Granules and EPR Services.
Dalmia Polypro Industries has 4 investors. Key investors include Elcid Investments, DFC, Circulate Capital, and Ocean Fund India Holding.
The valuation of Dalmia Polypro Industries is $38.35M as of Dec 2022.
Dalmia Polypro Industries operates through Dalmia Polypro Industries Private Limited.
The legal entities of Dalmia Polypro Industries currently have 6 directors, including Sharma Omkarprasad Mahesh, Maganti Narayanarao Sudhindra, Robert Ira Kaplan and others.