About Sah Polymers
Sah Polymers is a company based in Udaipur (India) founded in 1999 was acquired by Sat Industries in March 2017. The company has 121 employees. Sah Polymers has completed 1 acquisition, including FIBCORP. Sah Polymers offers products and services including PP Woven Bags and FIBC Bags.
- Headquarter Udaipur, India
- Employees 121
- Stage Public
- Website sahpolymers.com
- Social LinkedIn
- Acquired by Sat Industries (Mar 2017)
- Legal Name Aeroflex Neu Limited
- Annual Revenue₹131 Cr
FY 2025 · +18% YoY
- Net Profit₹23 Lakh
FY 2025 · 0% margin
- EBITDA₹6.22 Cr
FY 2025 · 5% margin
- Investors
- Employee Count121
- Investments & Acquisitions
- Acquired bySat Industries
(Mar 2017)
Associated legal entities of Sah Polymers
Sah Polymers operates through Aeroflex Neu Limited, a listed company (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 |
|---|---|---|---|---|---|---|---|
| Aeroflex Neu Limited Listed CIN L24201RJ1992PLC006657 | Active | 20 Apr 1992 | Udaipur, Rajasthan | ₹131 Cr | 92 | 8 | View details |
Products & Services of Sah Polymers
Sah Polymers offers a comprehensive portfolio of products and services, including PP Woven Bags and FIBC Bags.
PP Woven Bags are utilized for packaging in diverse sectors, with emphasis placed on durability and reliability in their production.
FIBC Bags are designed for the transportation and storage of bulk materials, ensuring they meet industry standards for strength and safety.
Investors in Sah Polymers
Sah Polymers has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sat Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PP/HDPE woven bags are manufactured by Sat Industries. | 1984 | satgroup.in | Mumbai, India |
Investor details for Sah Polymers
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Board of directors of Aeroflex Neu Limited (Sah Polymers)
Aeroflex Neu Limited is the primary company behind Sah Polymers. The board of Aeroflex Neu Limited currently have 6 directors; the longest-serving is Hakim Sadiq Ali Tidiwala, appointed in 1998. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hakim Sadiq Ali Tidiwala DIN 00119156 | Whole-time director | 29 Sep 1998 | 28 yrs | Aeroflex Neu Limited |
| Asad Daud DIN 02491539 | Director | 03 Apr 2009 | 17 yrs 6 mo | Aeroflex Neu Limited |
| Nikhil Khanderao Raut DIN 06653335 | Director | 10 Mar 2017 | 9 yrs 7 mo | Aeroflex Neu Limited |
| Sanjay Suthar DIN 07777202 | Director | 28 Mar 2017 | 9 yrs 6 mo | Aeroflex Neu Limited |
| Asha Jain DIN 00218335 | Director | 14 Jul 2023 | 3 yrs 2 mo | Aeroflex Neu Limited |
| Harikant Ganeshlal Turgalia DIN 00049544 | Director | 11 Mar 2025 | 1 yr 7 mo | Aeroflex Neu Limited |
IPO & Listings of Sah Polymers
Sah Polymers is a publicly listed company on the NSE with ticker symbol AERONEU in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Jan 2023
- Listed onBSE: 543743 · NSE: SAH
- Listed entityAeroflex Neu Limited
- Exchange sectorProcess industries
- ISININE035801013
- Share price₹69.52 (+1.64% on the day) · 2026-10-09
- Market capitalisation₹178 Cr
- Price to earnings209.7
- EPS (diluted, trailing year)₹0.33
- Volume (last session)51,072
Financials of Sah Polymers
Figures of Aeroflex Neu Limited, the primary company behind Sah Polymers, for FY 2025. Revenue was ₹131 Cr (+18% year on year). Net profit was ₹23 Lakh (0% margin). EBITDA was ₹6.22 Cr (5% margin). Revenue has grown at a compounded annual rate of +17% over three years and +21% over five years.
- ₹131 CrRevenue · FY 2025 · +18% YoY
- ₹23 LakhNet profit · 0% margin
- ₹6.22 CrEBITDA · 5% margin
- ₹25.80 CrPaid-up capital
- 92Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹129 Cr | ₹1.7 Cr | ₹4.0 Cr |
| 2024 | ₹129 Cr | ₹0.2 Cr | ₹4.5 Cr |
| 2023 | ₹109 Cr | ₹0.8 Cr | ₹5.0 Cr |
| 2022 | ₹95.3 Cr | ₹3.4 Cr | ₹7.1 Cr |
| 2021 | ₹80.4 Cr | ₹4.2 Cr | ₹17.5 Cr |
Balance sheet, profit and loss, cash flow and ratios of Aeroflex Neu Limited are on its company page.
Detailed financial statements for Sah Polymers
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Investments & Acquisitions by Sah Polymers
Sah Polymers has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FIBCORP.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Building materials, sand, gravel, and bags are manufactured by FIBCORP. | fibcorpp.com | Udaipur, India | 2017 | Jan 2022 | $413,798 |
Complete acquisition details for Sah Polymers
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Timeline of Sah Polymers
4 dated milestones of Sah Polymers across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Sah Polymers is founded.
- Exit Acquired by Sat Industries.
- Acquisition Acquires FIBCORP.
- IPO Lists on the stock exchange (IPO).
Web traffic of Sah Polymers
The website of Sah Polymers (sahpolymers.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▲ 21.8% vs previous month
Latest news on Sah Polymers
Complete news archive for Sah Polymers
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Frequently Asked Questions about Sah Polymers
Sah Polymers was founded in 1999.
Sah Polymers is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Sah Polymers has 121 employees.
The primary company behind Sah Polymers, Aeroflex Neu Limited, reported revenue of βΉ131 Cr for FY 2025, up 18% year on year.
Manufacturer and exporter of polypropylene woven bags and related products. This includes a variety of bags such as PP woven bags, box bags, BOPP laminated bags, and FIBCs (Flexible Intermediate Bulk Containers). The company also produces PP woven fabrics and offers customization options. Their product line caters to diverse industries, including agro-pesticides, pharmaceuticals, and food products. Production utilizes a state-of-the-art facility, ensuring quality control at each stage. The companys research and development efforts focus on improving product strength and durability.
Sah Polymers offers PP Woven Bags and FIBC Bags.
Yes, Sah Polymers is publicly traded on NSE under the ticker symbol AERONEU.
Sah Polymers has made 1 acquisition, including FIBCORP.
Sah Polymers has 1 investor. Key investors include Sat Industries.
Sah Polymers operates through Aeroflex Neu Limited.
Yes. Sah Polymers was acquired by Sat Industries in March 2017.
The legal entities of Sah Polymers currently have 8 directors, including Nikhil Khanderao Raut, Sanjay Suthar, Asad Daud and others.

