About Celanese Materials India Limited
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Celanese Materials India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Celanese India Holdings B V. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 21 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2006PLC163933. Its GSTIN is 27AACCN3555E1ZL (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.74 Lakh. It is led by directors including Fengtao Li and Sanjay Chandrakant Koranne.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹490.02 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹4.57 Cr (net margin -0.9%) and EBITDA of ₹3.03 Cr (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 23% over five years.
The company has about 158 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Next Polymers. As per MCA filings, the company has satisfied charges of ₹198.39 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹1.62 Cr; the latest was in January 2019. Its 3 peer companies in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Polmann India Limited with revenue of ₹508.29 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 53 overdue payments to 7 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 nextpolymers.co.in.
Company details
Contact details
Celanese Materials India Limited's registered office is in Mumbai, Maharashtra. Its website is nextpolymers.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 701 C & B Square Sangam Complex Cts No.95A 127 Andheri Kurla Road Village Chakala, Andheri E, Mumbai, Maharashtra, India – 400059
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Celanese Materials India 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
Celanese Materials India operates one associated brand: Next Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Compounded polymers are manufactured by Next Polymers in India. | nextpolymers.co.in |
Business activity
The main business activity of Celanese Materials India 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 Celanese Materials India Limited, buy the company report.
Financials of Celanese Materials India Limited
FY 2025 filings availableCelanese Materials India Limited reported revenue of ₹490.02 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 45% growth in the latest year. EBITDA fell 92% 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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| Total Expenses | |||||
| EBITDA | ₹3.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.57 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Celanese Materials India Limited, buy the company report.
Board of directors of Celanese Materials India Limited
Celanese Materials India has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fengtao Li Also directs: Celanese Chemicals India Private Limited | Director | 02 Jan 2019 | 7 Years 9 Months | Current |
| Sanjay Chandrakant Koranne Also directs: Performance Specialty Products (India) Private Limited | Director | 26 Apr 2024 | 2 Years 5 Months | Current |
| Anupam Jaiswal | Director | 28 Jun 2023 | 3 Years 3 Months | Current |
| Bhargavi Srigirisetty | Director | 28 Jun 2024 | 2 Years 3 Months | Current |
Peer comparison
Celanese Materials India Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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 |
|---|---|---|---|---|---|---|
| Polmann India Limited | ₹508.29 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India | |||
| Celanese Materials India Limitedthis company | ₹490.02 Cr (FY 2025) | -₹4.57 Cr | -0.9% | 45.0% | 158 | Mumbai, Maharashtra, India |
| Premium Polyalloys Limited | ₹457.61 Cr (FY 2025) | 14.0% | Vapi, Gujarat, India | |||
| Ampacet Speciality Products Private Limited | ₹446.3 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India |
To see the full peer comparison of Celanese Materials India Limited, buy the company report.
Auditor
Celanese Materials India Limited is audited by C M Gabhawala & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M Gabhawala & Co | FY 2022 | 102870W |
Shareholding
The shareholding of Celanese Materials India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Celanese Materials India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2017 | 100144349 | The Hongkong and Shanghai Banking Corporation Limited | ₹3 Cr | Satisfied | |
| 24 Oct 2017 | 100133950 | The Hongkong and Shanghai Banking Corporation Limited | ₹23 Cr | Satisfied | |
| 23 Nov 2016 | 100074153 | Others | ₹8 Cr | Satisfied | |
| 11 Apr 2015 | 10567160 | Deutsche Bank Ag | ₹2.43 Cr | Satisfied | |
| 23 Aug 2014 | 10519540 | Shamrao Vithal Co-Operative Bank Limited | ₹8.89 Cr | Satisfied |
To see the full charge records of Celanese Materials India Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Celanese Materials India Limited has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹1.62 Cr; the latest was in January 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Rights issue | ₹85 Cr | Investors: Celanese India Holdings B V |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Celanese India Holdings B V, Celanese Sales Germany GmbH, 2 individuals Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: S W Jethwani HUF, 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Rameshchanda D Jain HUF, Jitendra R. Jain HUF, an individual Seller: Shubhkamna Holding Private Limited , Shau Trading Company Private Limited , 2 individuals |
| Oct 2009 | Funding round | ₹95 Lakh | Investors: Shubhkamna Holding Private Limited , Shau Trading Company Private Limited |
To see the full deal history of Celanese Materials India 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
Celanese Materials India Limited has 1 court case on record: 1 filed by Celanese Materials India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (I.D.R. - DISTRICT) | Filed by the company against an individual | Pending |
To see the full case history of Celanese Materials India 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
Celanese Materials India Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 53 overdue payments to 7 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Maharashtra Impex Limited | |||
| an individual supplier | |||
| Paper Converters | |||
| Rajiv Plastics Private Limited | |||
| Ramniklal S Gosalia & Co |
To see the full MSME payment records of Celanese Materials India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Celanese Materials India Limited has a workforce of 158 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Celanese Materials India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN3555E1ZL | Maharashtra | Active | 01 Jul 2017 |
| 26AACCN3555E1ZN | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 06AACCN3555E1ZP | Haryana | Active | 25 Oct 2017 |
To see the full GST registrations and return filing status of Celanese Materials India Limited, buy the company report.
Recent activity
Celanese Materials India Limited has 18 board changes on record since 2009: 4 appointments and 14 cessations. The latest: Bhargavi Srigirisetty ceased to be Additional Director on 29 Sep 2024.
41 earlier events are in the company report.
News
Frequently asked questions
Celanese Materials India is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 21 August 2006 (20+ years old) and is registered under CIN U25209MH2006PLC163933.
Celanese Materials India has 4 current directors:
- Fengtao Li - Director
- Sanjay Chandrakant Koranne - Director
- Anupam Jaiswal - Director
- Bhargavi Srigirisetty - Director
The latest financial statements of Celanese Materials India 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 Celanese Materials India is 27AACCN3555E1ZL, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 26AACCN3555E1ZN (Dadra and Nagar Haveli and Daman and Diu), 06AACCN3555E1ZP (Haryana).
The CIN (Corporate Identification Number) of Celanese Materials India is U25209MH2006PLC163933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Celanese Materials India has 1 court case on record: 1 filed by the company. 1 is pending.
Celanese Materials India was incorporated on 21 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Celanese Materials India has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹1.62 Cr; the latest was in January 2019.
The peers of Celanese Materials India by revenue are Polmann India Limited, Premium Polyalloys Limited, Ampacet Speciality Products Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bhargavi Srigirisetty ceased to be Additional Director on 29 Sep 2024. Sanjay Chandrakant Koranne ceased to be Additional Director on 29 Sep 2024. Bhargavi Srigirisetty was appointed as Director on 28 Jun 2024. Celanese Materials India has 18 board changes on record in total.
Celanese Materials India has 6 MSME Form 1 returns on record between 2019 and 2022, listing 53 overdue payments to 7 micro and small suppliers. The latest return was filed on 01 Jul 2022.
Celanese Materials India can be reached through the website nextpolymers.co.in. Its registered office is in Mumbai, Maharashtra, India.