- #1,140 Vinod Aggarwal & family ₹2,200 Cr

About BLS Polymers Limited
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BLS Polymers Limited is a public limited company based in New Delhi, Delhi, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 16 January 1991 and has been in existence for over 35 years.
Its director Vinod Aggarwal and family are #1,140 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24111DL1991PLC042745. Its GSTIN is 07AAACB0421B1ZO (Delhi). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹45.03 Cr. It is led by directors including Karan Aggarwal (Managing Director) and Dinesh Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 604 Indra Parkash 21 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹336.7 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹21.14 Cr (net margin 6.3%) and EBITDA of ₹40.03 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 105 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BLS Polymers. As per MCA filings, the company has open charges of ₹146.56 Cr and satisfied charges of ₹63 Cr on record. Court records list 61 cases involving the company, including 46 filed by the company and 15 filed against it; 7 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹7.2 Cr; the latest was in September 2024. Its 4 peer companies in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Elastrex Polymers Private Limited with revenue of ₹340.63 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blspolymers.com.
Company details
Recognitions & Rankings of BLS Polymers
Contact details
BLS Polymers Limited's registered office is in New Delhi, Delhi. Its website is blspolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address604 Indra Parkash 21 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of BLS Polymers 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
Brands
BLS Polymers operates one associated brand: BLS Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polymer manufacturing, supply, and related services. | blspolymers.com |
Business activity
The main business activity of BLS Polymers 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 BLS Polymers Limited, buy the company report.
Financials of BLS Polymers Limited
FY 2025 filings availableBLS Polymers Limited reported revenue of ₹336.7 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 12% growth in the latest year. EBITDA rose 86% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.03 Cr | ||||
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| Net Profit (PAT) | ₹21.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of BLS Polymers Limited, buy the company report.
Board of directors and KMP of BLS Polymers Limited
BLS Polymers Limited currently reports 6 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Sharma Also directs: Aadifidelis Solutions Private Limited, Starfin India Private Limited, Zero Mass Private Limited and 5 more | Director | 02 Mar 2019 | 7 Years 7 Months | Current |
| Karan Aggarwal Also directs: BLS International Services Limited, SLW Media Private Limited, New Line Finance & Investment Private Limited and 3 more | Managing Director | 13 Sep 2016 | 10 Years 1 Months | Current |
| Vinod Aggarwal Also directs: B. L. & Sons Limited, Hawai Capital Pvt Ltd, Azadpur Finvest Private Limited and 1 more | Director | 19 Jun 1991 | 35 Years 4 Months | Current |
| Manoj Joshi Also directs: BLS E-Services Limited, Aadifidelis Solutions Private Limited | Director | 22 Jan 2026 | 0 Years 9 Months | Current |
| Shivani Mishra Also directs: BLS E-Services Limited, Starfin India Private Limited, Zero Mass Private Limited and 1 more | Director | 07 Apr 2025 | 1 Years 6 Months | Current |
| Arun Kumar Verma Also directs: Jay Bee Laminations Limited | Director | 07 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
BLS Polymers Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 |
|---|---|---|---|---|---|---|
| Elastrex Polymers Private Limited | ₹340.63 Cr (FY 2025) | 1160.0% | Bangalore, Karnataka, India | |||
| BLS Polymers Limitedthis company | ₹336.7 Cr (FY 2025) | ₹21.14 Cr | 6.3% | 12.0% | 105 | New Delhi, Delhi, India |
| Servo Packaging Limited | ₹335.3 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Prime Comfort Products Private Limited | ₹331.35 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Bai-Kakaji Polymers Limited | ₹331.26 Cr (FY 2025) | 11.0% | Latur, Maharashtra, India |
To see the full peer comparison of BLS Polymers Limited, buy the company report.
Auditor
BLS Polymers Limited is audited by NANGIA & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANGIA & CO. LLP | FY 2023 | 002391C/N500069 |
Shareholding
The shareholding of BLS Polymers Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of BLS Polymers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2023 | 100799744 | Hdfc Bank Limited | ₹29.65 Lakh | Open | |
| 07 Mar 2022 | 100542453 | Others | ₹40 Cr | Open | |
| 09 Apr 2021 | 100448217 | Yes Bank Limited | ₹8.31 Cr | Open | |
| 15 Jun 2019 | 100273776 | Others | ₹10 Cr | Open | |
| 13 Aug 2018 | 100199291 | Dbs Bank Ltd | ₹15 Cr | Open |
To see the full charge records of BLS Polymers Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
BLS Polymers Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹7.2 Cr; the latest was in September 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Anil Agarwal Huf, Hillman Properties Private Limited , 2 individuals Seller: Venus International Private Limited , Kartasa Private Limited, Surya Farms Forests Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: B. L. & Sons Limited Seller: BLS International Services Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Unnati Mercantile Private Limited, Suma Finance and Investment Limited , Sahil Agencies Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Suma Finance and Investment Limited Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Polo Leasing Finance Private Limited., Arun Finvest Private Limited Seller: an individual |
To see the full deal history of BLS 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
BLS Polymers Limited has 61 court cases on record: 46 filed by BLS Polymers, 15 filed against it. 7 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 12 | 6 |
| High courts | 3 | 3 | 0 |
| NCLAT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Appeal | Filed by the company against Vandana Industries Ltd | Pending |
| District court, Ghaziabad, Uttar Pradesh | Revision petition | Filed by the company against M/S Gupta Power Infrastructure Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Vandana Industries Ltd | Pending |
| District court, New Delhi, Delhi | Revision petition | Filed by the company against Emgee Cables and Communications Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against Nec Wire and Cables Pvt. Ltd. | Disposed |
To see the full case history of BLS 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
BLS Polymers Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Galata Chemicals India Private Limited | |||
| Ark Chemicals Private Limited |
To see the full MSME payment records of BLS Polymers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
BLS Polymers Limited has a workforce of 105 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
BLS Polymers has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACB0421B1ZO | Delhi | Active | 01 Jul 2017 |
| 07AAACB0421B2ZN | Delhi | Active | 04 Aug 2017 |
| 30AAACB0421B1ZZ | Goa | Active | 01 Jul 2017 |
| 27AAACB0421B1ZM | Maharashtra | Active | 25 Sep 2024 |
To see the full GST registrations and return filing status of BLS Polymers Limited, buy the company report.
Recent activity
BLS Polymers Limited has 30 board changes on record since 1991: 19 appointments and 11 cessations. The latest: Manoj Joshi was appointed as Director on 22 Jan 2026.
42 earlier events are in the company report.
Frequently asked questions
BLS Polymers is an active public limited company based in New Delhi, Delhi, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 16 January 1991 (35+ years old) and is registered under CIN U24111DL1991PLC042745.
BLS Polymers has 8 current directors and KMP:
- Karan Aggarwal - Managing Director
- Dinesh Sharma - Director
- Vinod Aggarwal - Director
- Manoj Joshi - Director
- Shivani Mishra - Director
- Arun Kumar Verma - Director
- Arvind Kumar Agarwal - Cfo
- Neha Kumar Sunit - Company Secretary
The latest financial statements of BLS Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of BLS Polymers is 07AAACB0421B1ZO, registered in Delhi. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACB0421B2ZN (Delhi), 30AAACB0421B1ZZ (Goa), 27AAACB0421B1ZM (Maharashtra).
The CIN (Corporate Identification Number) of BLS Polymers is U24111DL1991PLC042745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BLS Polymers has 61 court cases on record: 46 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
BLS Polymers was incorporated on 16 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
BLS Polymers has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹7.2 Cr; the latest was in September 2024.
The peers of BLS Polymers by revenue are Elastrex Polymers Private Limited, Servo Packaging Limited, Prime Comfort Products Private Limited, Bai-Kakaji Polymers Limited, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manoj Joshi was appointed as Director on 22 Jan 2026. Parveen Kumar Goyal ceased to be Director on 17 Jan 2026. Neha Kumar Sunit was appointed as Company Secretary on 19 Jun 2025. BLS Polymers has 30 board changes on record in total.
BLS Polymers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
BLS Polymers can be reached through the website blspolymers.com. Its registered office is in New Delhi, Delhi, India.