Batra Polychem Private Limited
About Batra Polychem Private Limited
Data last updated:
Batra Polychem Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 29 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25209PB1998PTC021840. Its GSTIN is 03AABCB3298F1ZY (Punjab).
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹1.38 Cr. It is led by directors Harbhajan Singh and Japinder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at B – Xvi/701/14 Outside Hatta Narian Dass Gill Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2017, the company reported a revenue of ₹16.13 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.95 Lakh (net margin 0.1%) and EBITDA of ₹59.21 Lakh (EBITDA margin 3.7%).
As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Batra Polychem Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressB – Xvi/701/14 Outside Hatta Narian Dass Gill Road, Ludhiana, Punjab, India – 141003
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Batra Polychem Private Limited, buy the company report.
- 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
Business activity
The main business activity of Batra Polychem is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Batra Polychem Private Limited, buy the company report.
Financials of Batra Polychem Private Limited
FY 2018 filings availableBatra Polychem Private Limited reported revenue of ₹16.13 Cr (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹16.13 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹59.21 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.95 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.7% | ||
| Net Profit Margin | 0.1% | ||
| 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 Batra Polychem Private Limited, buy the company report.
Board of directors of Batra Polychem Private Limited
Batra Polychem has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harbhajan Singh | Director | 29 Sep 1998 | 28 Years 0 Months | Current |
| Japinder Kaur | Director | 29 Sep 1998 | 28 Years 0 Months | Current |
Peer comparison
Batra Polychem Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mandhana Plastics Private Limited | ₹16.18 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Southern Pet Plast (India) Private Limited | ₹16.17 Cr (FY 2024) | -17.0% | Thrissur, Kerala, India | |||
| Sreekovil Agencies Private Limited | ₹16.17 Cr (FY 2025) | -25.0% | Thrissur, Kerala, India | |||
| Batra Polychem Private Limitedthis company | ₹16.13 Cr (FY 2017) | ₹1.95 Lakh | 0.1% | -11.0% | Ludhiana, Punjab, India | |
| Madurai Sri Kamatchi Plastic Private Limited | ₹16.12 Cr (FY 2024) | -4.0% | Madurai, Tamil Nadu, India | |||
| Eastern Formonics Private Limited | ₹16.1 Cr (FY 2024) | 59.0% | Mumbai, Maharashtra, India | |||
| ISO Flex Systems Private Limited | ₹16.07 Cr (FY 2024) | 29.0% | Malur, Karnataka, India |
To see the full peer comparison of Batra Polychem Private Limited, buy the company report.
Auditor
Batra Polychem Private Limited is audited by JAGDISH ARORA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH ARORA & ASSOCIATES | FY 2017 | 011898N |
Shareholding
The shareholding of Batra Polychem Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Batra Polychem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2009 | 10174934 | Others | ₹4.8 Cr | Open | |
| 21 May 2002 | 80035793 | Uco Bank | ₹1.2 Cr | Satisfied |
To see the full charge records of Batra Polychem Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Batra Polychem Private Limited has 11 court cases on record: 6 filed by Batra Polychem, 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 4 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed against the company by M/S Batra Polychem Pvt Ltd Co Through Its Director Mrs. Japinder Kaur Wife of SH. Gurdeep Singh Having Its Registered Office at Bxvi- 701/14, Outside Ahatta Narain Dass, Gill Road, Ludhiana , , Other and 2 others | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against M/S Batra Polychem Pvt. Ltd. Co. Through Its Director Mrs. Japinder Kaur Wife of SH. Gurdeep Singh Having Its Registered Office at Bxvi- 701/14, Outside Ahatta Narain Dass, Gill Road, Ludhiana , , Other and 7 others | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by RQS Engineering Pvt Ltd | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Surya Exim Ltd. Authorised Person Shri Alpesh Natwarlal Bankodia | Disposed |
| High Court, HARYANA | Revision petition | Filed by the company against Shanker Trading Company and Anr. and 1 other | Pending |
To see the full case history of Batra Polychem Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Batra Polychem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Batra Polychem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCB3298F1ZY | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Batra Polychem Private Limited, buy the company report.
Recent activity
Batra Polychem Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Mundeep Singh Batra ceased to be Director on 31 Oct 2017.
Frequently asked questions
Batra Polychem is an active private limited company based in Ludhiana, Punjab, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 29 September 1998 (28+ years old) and is registered under CIN U25209PB1998PTC021840.
Batra Polychem has 2 current directors:
- Harbhajan Singh - Director
- Japinder Kaur - Director
The latest financial statements of Batra Polychem on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Batra Polychem is 03AABCB3298F1ZY, registered in Punjab.
The CIN (Corporate Identification Number) of Batra Polychem is U25209PB1998PTC021840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Batra Polychem has 11 court cases on record: 6 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Batra Polychem was incorporated on 29 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Batra Polychem by revenue are Mandhana Plastics Private Limited, Southern Pet Plast (India) Private Limited, Sreekovil Agencies Private Limited, Madurai Sri Kamatchi Plastic Private Limited, Eastern Formonics Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mundeep Singh Batra ceased to be Director on 31 Oct 2017. Gurdip Singh Batra ceased to be Director on 31 Jan 2008. Harbhajan Singh was appointed as Director on 29 Sep 1998. Batra Polychem has 4 board changes on record in total.
The registered office of Batra Polychem is at B – Xvi70114 Outside Hatta Narian Dass Gill Road, Ludhiana, Punjab, India – 141003.
Batra Polychem operates in the manufacturing industry, in the plastic-based products segment.