MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0003435
Chamak Polymers Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.72 Cr
▲ 66% YoY
Net loss · FY 2025
₹2.63 Cr
Net margin -17.9%
EBITDA · FY 2025
-₹1.73 Cr
EBITDA margin -11.8%
Authorised capital
₹2.65 Cr
Registered with MCA
Paid-up capital
₹1.91 Cr
Issued & subscribed
Open charges
₹11 Cr
Satisfied ₹26.43 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
6
Provident fund records
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.
Chamak Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0003435). 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.
Company Details of Chamak Polymers Private Limited
CIN U24110GJ1991PTC016497
Registration Number 016497
Incorporation Date 25 October 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-09-0003435
Recognitions & Rankings of Chamak Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1471 Mahavirnagar Thakkarbapa Nagar Near National Highway No 8, Ahmedabad, Gujarat, India
- IndustryManufacturing, Plastic-Based Products
Comprehensive company report
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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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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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.
Revenue · FY 2025
₹14.72 Cr ▲ 66%
Net loss · FY 2025
₹2.63 Cr margin -17.9%
EBITDA · FY 2025
-₹1.73 Cr margin -11.8%
Compounded Annual Growth Rate (CAGR) of Chamak Polymers Private Limited
Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▼ 15%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 159%
3 years · compounded
▼ 48%
5 years · compounded
▼ 20%
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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
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.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Chandulal Patel Also directs: Aalekh Realty LLP, Innovertex Engineering Private Limited | Director | 15 Feb 2011 | 15 Years 8 Months | Current |
| Ravikumar Pankaj Patel Also directs: Aalekh Realty LLP, Aeron Composite Limited | Director | 15 Feb 2011 | 15 Years 8 Months | Current |
Peer Comparison of Chamak Polymers Private Limited
Chamak Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirupati Moulders (India) Private Limited | ₹14.78 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | R.R. Dist. A.P, Telangana, India |
| Y N Garments Private Limited | ₹14.74 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Manan Polymers Private Limited | ₹14.74 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Beawar, Rajasthan, India |
| Dhash Green Energy Private Limited | ₹14.73 Cr (FY 2025) | •••• | •••• | 193.0% | •••• | Bangalore, Karnataka, India |
| Yogeshwer Polypack Private Limited | ₹14.72 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Chamak Polymers Private Limited this company | ₹14.72 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Ahmedabad, Gujarat, India |
| Banka Woven Sacks Private Limited | ₹14.71 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Naval Chaff Supply India Private Limited | ₹14.7 Cr (FY 2025) | •••• | •••• | 254.0% | •••• | Delhi, India |
| Coated Sales Company Private Limited | ₹14.69 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Attitude Plastics Private Limited | ₹14.67 Cr (FY 2020) | •••• | •••• | -39.0% | •••• | Pune, Maharashtra, India |
| Ample Polymers Private Limited | ₹14.67 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Chamak Polymers by revenue in the Manufacturing industry (Plastic Based Products, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
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 |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Chamak Polymers Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
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Charges & Borrowings of Chamak Polymers Private Limited
Open charges
₹11 Cr
Satisfied charges
₹26.43 Cr
Breakdown by lending institutions
Latest charge details
| 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
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.
Total cases
12
Filed by the company
4
Filed against the company
8
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Narrow Fabrics Private Limited | Disposed |
| 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 |
| High Court of Punjab and Haryana | Appeal | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
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Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Chamak Polymers Private Limited
Chamak Polymers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 602 overdue payments to 52 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 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Machhar Packaging Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
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 count
6
Active EPFO establishments
2
Employee growth
-92.21%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Chamak Polymers Private Limited
Chamak Polymers Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Chirag Chandulal Patel ceased to be Additional Director on 20 Sep 2011.
AGM
Chamak Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chamak Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Jul 2020 via Charge ID 100359041 with Axis Bank Limited was fully satisfied on 07 Nov 2024.
Charges
A charge registered on 29 Jun 2017 via Charge ID 100118971 with Axis Bank Limited was fully satisfied on 07 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100359041 was registered on 06 Jul 2020.
Charges
A charge with Axis Bank Limited of Rs. 9.50 Cr registered on 29 Jun 2017 with Charge ID 100118971 was modified on 08 Aug 2017.
Charges
A charge registered on 07 Jul 2011 via Charge ID 10298274 with Union Bank Of India was fully satisfied on 13 Jul 2017.
Charges
A charge registered on 01 Jul 2011 via Charge ID 10298336 with Union Bank Of India was fully satisfied on 13 Jul 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.50 Cr with Charge ID 100118971 was registered on 29 Jun 2017.
Charges
A charge with Union Bank Of India of Rs. 7.30 Cr registered on 07 Jul 2011 with Charge ID 10298274 was modified on 05 Mar 2015.
Charges
A charge with Union Bank Of India of Rs. 7.30 Cr registered on 01 Jul 2011 with Charge ID 10298336 was modified on 17 Feb 2015.
Ceased
Chirag Chandulal Patel ceased to be Additional Director.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chamak Polymers Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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Subsidiaries & Group Companies of Chamak Polymers Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Chamak Polymers Private Limited
Chamak Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV6195N1ZS | Gujarat | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Chamak Polymers Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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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.
The peers of Chamak Polymers by revenue are Tirupati Moulders (India) Private Limited, Y N Garments Private Limited, Manan Polymers Private Limited, Dhash Green Energy Private Limited, Yogeshwer Polypack Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Polymers).
Chirag Chandulal Patel ceased to be Additional Director on 20 Sep 2011. Ravikumar Pankaj Patel ceased to be Additional Director on 20 Sep 2011. Bipinkumar Ratilal Patel ceased to be Director on 10 Mar 2011. Chamak Polymers has 8 board changes on record in total.
Yes, Chamak Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0003435).