MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0011523
Bhiwadi Polymers Limited - chemicals and materials in Tijara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹45.75 Cr
▲ 28% YoY
Net profit · FY 2023
₹16.01 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹1.28 Cr
EBITDA margin 2.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.66 Cr
Issued & subscribed
Open charges
₹13.28 Cr
Satisfied ₹20.5 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
83
Provident fund records
About Bhiwadi Polymers Limited
Data last updated:
Bhiwadi Polymers Limited is a public limited company based in Tijara, Rajasthan, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 28 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24117RJ1994PLC098587. Its GSTIN is 08AAACB3674N1ZC (Rajasthan).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.66 Cr. It was formerly known as Bhiwadi Polymers Private Limited. It is led by directors including Vijay Kakkar (Managing Director) and Rachit Kakkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tijara, Rajasthan.
As per the financials filed for FY 2023, the company reported a revenue of ₹45.75 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹16.01 Lakh (net margin 0.4%) and EBITDA of ₹1.28 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 17% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.28 Cr and satisfied charges of ₹20.5 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 4 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1.19 Cr; the latest was in March 2018. Its 3 peer companies in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 2 smaller; the largest is Kalpaka Polymers and Exports Limited with revenue of ₹3.62 Lakh.
Bhiwadi Polymers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0011523). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhiwadipolymers.com.
Company details
CIN U24117RJ1994PLC098587
Registration Number 098587
Incorporation Date 28 February 1994
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-11-0011523
CIN history
Bhiwadi Polymers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24117RJ1994PLC098587, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24117RJ1994PLC098587 | Current |
| U24117RJ1994PLC008082 | Previous |
| U24117DL1994PLC254216 | Previous |
Key People
Vijay Kakkar Managing Director Rachit Kakkar Whole-Time Director Ankit Kakkar Whole-Time Director Recognitions & Rankings of Bhiwadi Polymers
Contact details
Bhiwadi Polymers Limited's registered office is in Tijara, Rajasthan.
- Social Media
- Registered AddressPlot No. Sp – 531 A, RIICO Industrial Area Phase – 1, Tijara, Rajasthan, India – 301019
- IndustryChemicals and Materials, Specialty Chemicals
Comprehensive company report
Bhiwadi Polymers Limited - one report that includes everything
- 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
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Financials of Bhiwadi Polymers Limited
FY 2024 filings availableBhiwadi Polymers Limited reported revenue of ₹45.75 Cr (up 28% YoY) for FY 2023.
Revenue · FY 2023
₹45.75 Cr ▲ 28%
Net profit · FY 2023
₹16.01 Lakh margin 0.4%
EBITDA · FY 2023
₹1.28 Cr margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 22%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 9%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 28% growth in the latest year. EBITDA rose 27% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹45.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.01 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Bhiwadi Polymers Limited, buy the company report.
Board of directors of Bhiwadi Polymers Limited
Bhiwadi Polymers has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachit Kakkar Also directs: Ark Polymers Private Limited, Rak Newtech Private Limited | Whole-Time Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Ankit Kakkar Also directs: Ark Polymers Private Limited, Rak Newtech Private Limited | Whole-Time Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Vijay Kakkar | Managing Director | 01 Apr 1995 | 31 Years 7 Months | Current |
Peer comparison
Bhiwadi Polymers Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhiwadi Polymers Limitedthis company | ₹45.75 Cr (FY 2023) | ₹16.01 Lakh | 0.4% | 28.0% | Tijara, Rajasthan, India | |
| Kalpaka Polymers and Exports Limited | ₹3.62 Lakh (FY 2025) | -27.0% | Thrissur, Kerala, India | |||
| PC Polymers Private Limited | ₹3.51 Lakh (FY 2025) | -5.0% | Delhi, India | |||
| Vishal Industrial Polymers Private Limited | ₹3.44 Lakh (FY 2024) | Maharashtra, India |
To see the full peer comparison of Bhiwadi Polymers Limited, buy the company report.
Charges & borrowings
Open charges
₹13.28 Cr
Satisfied charges
₹20.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101144350 | Others | ₹1 Cr | Open | |
| 17 Jul 2024 | 100953556 | Others | ₹11.93 Cr | Open | |
| 03 Oct 2022 | 100642187 | Others | ₹35 Lakh | Open | |
| 24 Aug 2022 | 100615887 | Others | ₹10 Cr | Satisfied | |
| 28 Jan 2022 | 100534376 | Others | ₹1.2 Cr | Satisfied |
To see the full charge records of Bhiwadi Polymers Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Bhiwadi Polymers Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1.19 Cr; the latest was in March 2018.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹1.19 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2016 | Funding round | ₹19.8 Lakh | Investors: 2 individuals |
| Oct 2015 | Funding round | ₹49.3 Lakh | Investors: 3 individuals |
| Nov 2013 | Funding round | ₹49.9 Lakh | Investors: 3 individuals |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Bhiwadi Polymers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhiwadi Polymers Limited has 16 court cases on record: 12 filed by Bhiwadi Polymers, 4 filed against it. 4 cases are pending and 12 are disposed.
Total cases
16
Filed by the company
12
Filed against the company
4
Pending
4
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 4 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Civil miscellaneous application | Filed by the company against an individual | Pending |
| District court, Sonepat, Haryana | Execution petition | Filed by the company against R.S. Print Solutions Ltd Through Its Director | Pending |
| District court, North West, Delhi | Court case (Ex.COMM - Award by Arb.Comm) | Filed by the company against Mangla Chemicals | Pending |
| District court, West, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, West, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed by the company against an individual | Disposed |
To see the full case history of Bhiwadi Polymers 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 Bhiwadi Polymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhiwadi Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACB3674N1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhiwadi Polymers Limited, buy the company report.
Recent activity
Bhiwadi Polymers Limited has 9 board changes on record since 1995: 3 appointments and 6 cessations. The latest: Rajesh Kumar Sharma ceased to be Director on 01 Nov 2017.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101144350 was registered on 14 Aug 2025.
Charges
A charge with Others of Rs. 11.93 Cr registered on 17 Jul 2024 with Charge ID 100953556 was modified on 14 Aug 2025.
Charges
A charge registered on 30 May 2020 via Charge ID 100340547 with Others was fully satisfied on 27 Dec 2024.
Charges
A charge registered on 24 Aug 2022 via Charge ID 100615887 with Others was fully satisfied on 26 Dec 2024.
AGM
Bhiwadi Polymers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 11.93 Cr with Charge ID 100953556 was registered on 17 Jul 2024.
Filing
Bhiwadi Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Others of Rs. 10.00 Cr registered on 24 Aug 2022 with Charge ID 100615887 was modified on 01 Dec 2023.
Charges
A charge registered on 14 Aug 2012 via Charge ID 10371495 with Hdfc Bank Limited was fully satisfied on 25 Jan 2023.
Charges
A charge registered on 05 Feb 2008 via Charge ID 10119494 with Hdfc Bank Limited was fully satisfied on 25 Jan 2023.
Charges
A charge registered on 28 Jan 2022 via Charge ID 100534376 with Others was fully satisfied on 17 Nov 2022.
Charges
A charge registered on 19 Jan 2018 via Charge ID 100148195 with Others was fully satisfied on 17 Nov 2022.
26 earlier events are in the company report.
Frequently asked questions
Bhiwadi Polymers is an active public limited company based in Tijara, Rajasthan, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 28 February 1994 (32+ years old) and is registered under CIN U24117RJ1994PLC098587.
Bhiwadi Polymers has 3 current directors:
- Vijay Kakkar - Managing Director
- Rachit Kakkar - Whole-Time Director
- Ankit Kakkar - Whole-Time Director
The latest financial statements of Bhiwadi Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhiwadi Polymers is 08AAACB3674N1ZC, registered in Rajasthan.
The CIN (Corporate Identification Number) of Bhiwadi Polymers is U24117RJ1994PLC098587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhiwadi Polymers has 16 court cases on record: 12 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Bhiwadi Polymers was incorporated on 28 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Jaipur.
Bhiwadi Polymers has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1.19 Cr; the latest was in March 2018.
The peers of Bhiwadi Polymers by revenue are Kalpaka Polymers and Exports Limited, PC Polymers Private Limited, Vishal Industrial Polymers Private Limited, all in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rajesh Kumar Sharma ceased to be Director on 01 Nov 2017. Sanjay Kumar Malhotra ceased to be Director on 01 Nov 2017. Harvinder Singh ceased to be Director on 01 Jan 2014. Bhiwadi Polymers has 9 board changes on record in total.
Yes, Bhiwadi Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-DL-11-0011523).
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