About Safar Polyfibre
Safar Polyfibre is a company based in Rajkot (India) founded in 2017. It operates as a B2B. The company has 211 employees. Safar Polyfibre operates in a competitive market with competitors including Ganesha Ecosphere, Green Worms, Polygenta, Revalyu and Rungta Greentech, among others.
- Headquarter Rajkot, India
- Employees 211
- SectorsAerospace, Defense & Maritime
- Website safarpolyfibre.com
- Legal Name Safar Polyfibre Private Limited
- Date of Incorporation 11 Feb, 2016
- Jurisdiction Rajkot, Gujarat, India
- Annual Revenue₹166 Cr
FY 2023 · +12% YoY
- Net Profit₹5.62 Cr
FY 2023 · 3% margin
- EBITDA₹16.27 Cr
FY 2023 · 10% margin
- Employee Count211
Associated legal entities of Safar Polyfibre
Safar Polyfibre operates through Safar Polyfibre Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Safar Polyfibre Private Limited CIN U17297GJ2016PTC086059 | Active | 11 Feb 2016 | Rajkot, Gujarat | ₹166 Cr | 211 | 4 | View details |
Board of directors of Safar Polyfibre Private Limited (Safar Polyfibre)
Safar Polyfibre Private Limited is the primary company behind Safar Polyfibre. The board of Safar Polyfibre Private Limited currently have 4 directors; the longest-serving is Renish Chandulal Bhalodiya, appointed in 2016. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Renish Chandulal Bhalodiya DIN 07431317 | Director | 11 Feb 2016 | 10 yrs 7 mo | Safar Polyfibre Private Limited |
| Hiteshkumar Ramniklal Bhalodia DIN 03539962 | Director | 11 Feb 2016 | 10 yrs 7 mo | Safar Polyfibre Private Limited |
| Samirkumar Bhesdadia DIN 07428752 | Director | 06 Dec 2025 | 10 mo | Safar Polyfibre Private Limited |
| Jayesh Ratilal Bhalodiya DIN 11411388 | Director | 06 Dec 2025 | 10 mo | Safar Polyfibre Private Limited |
Financials of Safar Polyfibre
Figures of Safar Polyfibre Private Limited, the primary company behind Safar Polyfibre, for FY 2023. Revenue was ₹166 Cr (+12% year on year). Net profit was ₹5.62 Cr (3% margin). EBITDA was ₹16.27 Cr (10% margin). Revenue has grown at a compounded annual rate of +12% over three years and +28% over five years.
- ₹166 CrRevenue · FY 2023 · +12% YoY
- ₹5.62 CrNet profit · 3% margin
- ₹16.27 CrEBITDA · 10% margin
- ₹9.00 CrPaid-up capital
- 211Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Safar Polyfibre Private Limited are on its company page.
Detailed financial statements for Safar Polyfibre
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- Statement rows
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Competitors of Safar Polyfibre
Safar Polyfibre operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ganesha Ecosphere, Green Worms, Polygenta, Revalyu and Rungta Greentech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ganeshaecosphere.com | 1987 | Kanpur, India | $6M | 223 | Plastic waste is recycled through services offered by Ganesha Ecosphere. | |
| greenworms.org | 2014 | Kozhikode, India | – | 285 | Provider of waste management and circular economy solutions | |
| polygenta.com | 1981 | Nashik, India | – | 286 | PET bottles are chemically recycled to produce yarns and chips. | |
| revalyu.in | 1981 | Nashik, India | – | 342 | Recycles PET bottles to produce high-quality chips and yarns for textiles. | |
| rungta-group.in | 2005 | Kolkata, India | – | 94 | Recycles PET bottle scrap into high-value products for circular economy applications. | |
| pashupatigrp.com | 2008 | Kashipur, India | – | 363 | Provider of waste plastic recycling and environmental services | |
| recyclinghub.in | 2016 | Ahmedabad, India | – | 29 | Delivers comprehensive services for plastic waste recycling and sustainability. |
Detailed competitors of Safar Polyfibre
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Similar companies to Safar Polyfibre
10 companies that operate in the same segment as Safar Polyfibre (Aircraft Recycling Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Aircraft recycling services are provided for end-of-life management. | – | – | – | – | – | |
Innovative solutions in aircraft and engine storage, transition, maintenance, and green recycling are provided by Tarmac Aerosave. | – | Tarbes, Occitanie, France | – | – | – | |
Offers metal scrap purchasing, processing, transportation, and utilization services in Latvia. | – | Liepaja, Latvia | – | – | 23 | |
Association with the aerospace sector is maintained by Aerospacefeipeng. | – | – | – | – | – | |
Developer of gas turbine engines and related technologies | 1985 | Bucharest, Romania | – | – | – | |
Online platform for scrapping vehicles and providing cash rewards. | 2020 | Bengaluru, Karnataka, India | – | USD 26.9 K | 1 | |
Consulting, training, inspection, and nondestructive examination services are provided. | 1977 | Fort Myers, Florida, United States | – | – | – | |
Developer of aerospace and energy systems, test benches, and robotic arms | 2011 | Deruta, Umbria, Italy | – | – | – | |
Aviation sector involvement is indicated by Dianshiaviation's name and domain. | – | – | – | – | – | |
Waste management and recycling solutions are provided for metallic items. | – | – | – | – | – |
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Frequently Asked Questions about Safar Polyfibre
Safar Polyfibre was founded in 2017.
Safar Polyfibre is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Safar Polyfibre has 211 employees.
The primary company behind Safar Polyfibre, Safar Polyfibre Private Limited, reported revenue of ₹166 Cr for FY 2023, up 12% year on year.
Safar Polyfibre, founded in 2017 in Rajkot, India, focuses on producing manufactured goods, recycling, plastic recycling, and providing essential services. Delivers comprehensive plastic recycling services and solutions for clients. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Safar Polyfibre's top competitors include Ganesha Ecosphere, Pashupati Group and Green Worms.
Safar Polyfibre operates through Safar Polyfibre Private Limited.
The legal entities of Safar Polyfibre currently have 4 directors, including Renish Chandulal Bhalodiya, Hiteshkumar Ramniklal Bhalodia, Samirkumar Bhesdadia and others.