About Chamak Polymers Private Limited
Data last updated:
Chamak Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 25 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1991PTC016497. Its GSTIN is 24AAACV6195N1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.65 Cr and a paid-up capital of ₹1.91 Cr. It was formerly known as Vishal Limes Pvt Ltd. It is led by directors Chirag Chandulal Patel and Ravikumar Pankaj Patel.
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 1471 Mahavirnagar Thakkarbapa Nagar Near National Highway No 8, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.72 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -17.9%) and EBITDA of -₹1.73 Cr (EBITDA margin -11.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Chamak Polymers. As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹26.43 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chamakeps.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1471 Mahavirnagar Thakkarbapa Nagar Near National Highway No 8, Ahmedabad, Gujarat, India
- IndustryManufacturing, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Associated Brands with Chamak Polymers Private Limited
Chamak Polymers operates one associated brand: Chamak Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Expanded Polystyrene (EPS) for insulation, packaging, and decorative applications. | chamakeps.com |
Business Activity of Chamak Polymers Private Limited
The main business activity of Chamak Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Chamak Polymers Private Limited
Chamak Polymers Private Limited is audited by B. H. MANGAROLIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. H. MANGAROLIA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Chamak Polymers Private Limited
Chamak Polymers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Chandulal Patel Also directs: Aalekh Realty LLP, Aeron Composite Limited | Director | 15 Feb 2011 | 15 Years 7 Months | Current |
| Ravikumar Pankaj Patel Also directs: Aalekh Realty LLP, Aeron Composite Limited | Director | 15 Feb 2011 | 15 Years 7 Months | Current |
Financials of Chamak Polymers Private Limited FY 2025 filings available
Chamak Polymers Private Limited reported revenue of ₹14.72 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chamak Polymers Private Limited
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 159% 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 of Chamak Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.63 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Chamak Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chamak Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Chamak Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chamak Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2020 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
| 29 Jun 2017 | Axis Bank Limited | ₹9.5 Cr | Satisfied |
| 07 Jul 2011 | Union Bank of India | ₹7.3 Cr | Satisfied |
| 01 Jul 2011 | Union Bank of India | ₹7.3 Cr | Satisfied |
| 20 May 2004 | Oriental Bank of Commerce | ₹21 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Chamak Polymers Private Limited
Chamak Polymers Private Limited has a workforce of 6 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Chamak Polymers Private Limited
Chamak Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV6195N1ZS | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Chamak Polymers Private Limited
Chamak Polymers Private Limited has 12 court cases on record: 4 filed by Chamak Polymers, 8 filed against it. 2 cases are pending and 10 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 1 |
| High courts | 2 | 1 | 1 |
Latest cases (5 of 12; higher courts first)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Appeal | Filed against the company by an individual | Pending |
| High Court of Gujarat | Arbitration matter | Filed by the company against National Insurance Company Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Narrow Fabrics Private Limited | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Chamak Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chamak Polymers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chamak Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chamak Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Chamak Polymers Private Limited
Frequently Asked Questions about Chamak Polymers Private Limited
Chamak Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 25 October 1991 (35+ years old) and is registered under CIN U24110GJ1991PTC016497.
Chamak Polymers reported revenue of ₹14.72 Cr for FY 2025 (up 66% YoY).
Chamak Polymers has 2 current directors:
- Chirag Chandulal Patel - Director
- Ravikumar Pankaj Patel - Director
Chamak Polymers reported a net loss of ₹2.63 Cr (net margin -17.9%) and EBITDA of -₹1.73 Cr (EBITDA margin -11.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chamak Polymers is -15% over three years and -14% over five years. In the latest year (FY 2025) revenue rose 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chamak Polymers is 24AAACV6195N1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Chamak Polymers is U24110GJ1991PTC016497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chamak Polymers has 12 court cases on record: 4 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Chamak Polymers was incorporated on 25 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.