About Satyen Polymers
Satyen Polymers is a Chemicals & Materials company based in Mumbai (India) founded in 1976, and was acquired by Scott Bader in July 2022. Coatings and adhesives are manufactured by Satyen Polymers. The company has 39 employees. Its Indian entity Satyen Polymers Private Limited reported revenue of ₹10.62 Cr. Its focus areas include Chemicals and Materials, Paints and Coatings, Coatings and Diversified.
Company details
Satyen Polymers was founded in 1976 and is based in Mumbai, India. Operations focus on the production of coatings and adhesives within the polymers sector. Various formulations are developed for industrial applications, with manufacturing processes handled at the primary facility. The company is led by owner Jitendra Vora, and activities remain centered on domestic markets in the chemicals industry.
- Headquarters Mumbai, India
- Employees 39
- Stage Acquired
- SectorsChemicals & Materials
- Website satyenpolymers.com
- Social LinkedIn
- Acquired by Scott Bader (Jul 2022)
- Legal Name Satyen Polymers Private Limited
- Date of Incorporation 20 Mar, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹10.62 Cr
FY 2025 · +1% YoY
- Net Profit₹31.6 Lakh
FY 2025 · 3% margin
- EBITDA₹1.63 Cr
FY 2025 · 15% margin
- Investors
- Employee Count39
- Acquired byScott Bader
(Jul 2022)
Associated legal entities of Satyen Polymers
Satyen Polymers operates through Satyen Polymers 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 |
|---|---|---|---|---|---|---|---|
| Satyen Polymers Private Limited CIN U24300MH2006PTC160571 | Active | 20 Mar 2006 | Mumbai, Maharashtra | ₹10.6 Cr | 39 | 3 | View details |
Investors in Satyen Polymers
Satyen Polymers has secured backing from 1 investor. Prominent investors backing the company include Scott Bader.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Adhesives, composites, and functional polymers are manufactured globally. | 1921 | scottbader.com | Wellingborough, United Kingdom |
Investor details for Satyen Polymers
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Board of directors of Satyen Polymers Private Limited (Satyen Polymers)
Satyen Polymers Private Limited is the primary company behind Satyen Polymers. The board of Satyen Polymers Private Limited currently have 3 directors; the longest-serving is Devyani Jitendra Vora, appointed in 2006. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devyani Jitendra Vora DIN 01998904 | Director | 20 Mar 2006 | 20 yrs 7 mo | Satyen Polymers Private Limited |
| Satyen Jitendra Vora DIN 00441785 | Director | 08 Aug 2013 | 13 yrs 2 mo | Satyen Polymers Private Limited |
| Jigisha Satyen Vora DIN 01999888 | Additional Director | 07 Dec 2023 | 2 yrs 10 mo | Satyen Polymers Private Limited |
People of Satyen Polymers
1 people are tracked at Satyen Polymers (1 in leadership); the tracked headcount is 39.
| Name | Role | Group |
|---|---|---|
| Owner | Leadership |
Complete people profiles for Satyen Polymers
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Satyen Polymers
Figures of Satyen Polymers Private Limited, the primary company behind Satyen Polymers, for FY 2025. Revenue was ₹10.62 Cr (+1% year on year). Net profit was ₹31.6 Lakh (3% margin). EBITDA was ₹1.63 Cr (15% margin). Revenue has grown at a compounded annual rate of -48% over three years and -32% over five years.
- ₹10.62 CrRevenue · FY 2025 · +1% YoY
- ₹31.6 LakhNet profit · 3% margin
- ₹1.63 CrEBITDA · 15% margin
- ₹4.00 CrPaid-up capital
- 39Employees (provident fund records)
- -48%Revenue CAGR, 3 years
- -32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Satyen Polymers Private Limited are on its company page.
Detailed financial statements for Satyen Polymers
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- Downloads
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Timeline of Satyen Polymers
2 dated milestones of Satyen Polymers across 46 years, from founding to its latest funding, stage changes and deals.
- Founded Satyen Polymers is founded.
- Exit Acquired by Scott Bader.
Top companies in Paints, Coatings & Surface Treatments
3 companies that operate in the same segment as Satyen Polymers (Paints, Coatings & Surface Treatments) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of paints | 2000 | Pune, Maharashtra, India | USD 23.11 M | USD 149.43 M | 1,850 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Industrial and decorative paints are manufactured by Kansai Nerolac. | 1920 | Mumbai, Maharashtra, India | USD 858.2 M | 10,570 |
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Frequently Asked Questions about Satyen Polymers
Satyen Polymers was founded in 1976.
Satyen Polymers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Satyen Polymers has 39 employees.
The primary company behind Satyen Polymers, Satyen Polymers Private Limited, reported revenue of ₹10.62 Cr for FY 2025, up 1% year on year.
Satyen Polymers was founded in 1976 and is based in Mumbai, India. Operations focus on the production of coatings and adhesives within the polymers sector. Various formulations are developed for industrial applications, with manufacturing processes handled at the primary facility. The company is led by owner Jitendra Vora, and activities remain centered on domestic markets in the chemicals industry.
Satyen Polymers has 1 investor. Key investors include Scott Bader.
Satyen Polymers operates through Satyen Polymers Private Limited.
Yes. Satyen Polymers was acquired by Scott Bader in July 2022.
The legal entities of Satyen Polymers currently have 3 directors, including Devyani Jitendra Vora, Satyen Jitendra Vora, Jigisha Satyen Vora.