Covalent Polymers Private Limited

Covalent Polymers Private Limited - chemicals and materials in Saharanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74120UP2015PTC074908 Incorporated 08 December 2015 ROC Uttar Pradesh HQ Saharanpur, Uttar Pradesh, India
Active Private Limited Company chemicals and materials MSME · Micro
Data last updated
Revenue · FY 2024
₹2.66 Cr
▼ 56% YoY
Net profit · FY 2024
₹1.63 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹22.39 Lakh
EBITDA margin 8.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Covalent Polymers Private Limited

Data last updated:

Covalent Polymers Private Limited is a private limited company based in Saharanpur, Uttar Pradesh, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 08 December 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74120UP2015PTC074908. Its GSTIN is 09AAGCC2787F1ZG (Uttar Pradesh).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Sanjay Agarwal and Shruti Aggarwal.

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 1/881 Opposite New Patel Nagar Sharda Nagar, Saharanpur, Uttar Pradesh, India – 247001.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.66 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 0.6%) and EBITDA of ₹22.39 Lakh (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.

Covalent Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-64-0000749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website covalentpolymers.com.

Company details

CIN U74120UP2015PTC074908
Registration Number 074908
Incorporation Date 08 December 2015
ROC Uttar Pradesh
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 Micro
Udyam Registration UDYAM-UP-64-0000749

Recognitions & Rankings of Covalent Polymers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-UP-64-0000749

Contact details

Covalent Polymers Private Limited's registered office is in Saharanpur, Uttar Pradesh. Its website is covalentpolymers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1/881 Opposite New Patel Nagar Sharda Nagar, Saharanpur, Uttar Pradesh, India – 247001
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Covalent Polymers Private Limited, buy the company report.

Comprehensive company report
Covalent Polymers Private 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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Business activity

The main business activity of Covalent Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Covalent Polymers Private Limited, buy the company report.

Financials of Covalent Polymers Private Limited

FY 2025 filings available

Covalent Polymers Private Limited reported revenue of ₹2.66 Cr (down 56% YoY) for FY 2024.

Revenue · FY 2024
₹2.66 Cr ▼ 56%
Net profit · FY 2024
₹1.63 Lakh margin 0.6%
EBITDA · FY 2024
₹22.39 Lakh margin 8.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 12%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 44%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 56% fall in the latest year. EBITDA fell 89% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹22.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.63 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.4%
Net Profit Margin0.6%
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 Covalent Polymers Private Limited, buy the company report.

Board of directors of Covalent Polymers Private Limited

Covalent Polymers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay AgarwalDirector08 Dec 201510 Years 10 MonthsCurrent
Shruti AggarwalDirector13 Aug 20206 Years 2 MonthsCurrent
Abha AgrawalDirector08 Dec 201510 Years 10 MonthsCurrent
Arjun AggarwalDirector10 Dec 201510 Years 10 MonthsCurrent

Peer comparison

Covalent Polymers Private 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gettin Lifesciences Private Limited₹2.66 Cr (FY 2024)198.0%Karnal, Haryana, India
Covalent Polymers Private Limitedthis company₹2.66 Cr (FY 2024)₹1.63 Lakh0.6%-56.0%Saharanpur, Uttar Pradesh, India
Leaf Paints & Chemicals Private Limited₹2.64 Cr (FY 2024)Churu, Rajasthan, India
Truemax Polymers Private Limited₹2.63 Cr (FY 2024)-18.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Covalent Polymers Private Limited, buy the company report.

Auditor

Covalent Polymers Private Limited is audited by GUNJAN GARG & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
GUNJAN GARG & COFY 2020006693C

Shareholding

The shareholding of Covalent Polymers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Covalent Polymers Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Covalent Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Covalent Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAGCC2787F1ZGUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Covalent Polymers Private Limited, buy the company report.

Recent activity

Covalent Polymers Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Shruti Aggarwal ceased to be Additional Director on 26 Dec 2020.

AGM
Covalent Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Covalent Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Ceased
Shruti Aggarwal ceased to be Additional Director.
Appointed
Shruti Aggarwal was appointed as Director.
Ceased
Satya Parkash Gupta ceased to be Additional Director.
Ceased
Arjun Aggarwal ceased to be Additional Director.
Appointed
Arjun Aggarwal was appointed as Director.
Appointed
Abha Agrawal was appointed as Director.
Appointed
Sanjay Agarwal was appointed as Director.
Incorporation
08 Dec 2015
Covalent Polymers Private Limited was registered on 08 Dec 2015 with Roc Uttar Pradesh Ii & aged 10 years 10 months as per MCA records.

Frequently asked questions

Covalent Polymers is an active private limited company based in Saharanpur, Uttar Pradesh, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 08 December 2015 (11+ years old) and is registered under CIN U74120UP2015PTC074908.

Covalent Polymers has 4 current directors:

The latest financial statements of Covalent 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 FY 2016 are in the company report.

The GSTIN of Covalent Polymers is 09AAGCC2787F1ZG, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Covalent Polymers is U74120UP2015PTC074908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Covalent Polymers was incorporated on 08 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Covalent Polymers by revenue are Gettin Lifesciences Private Limited, Leaf Paints & Chemicals Private Limited, Truemax 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).

Shruti Aggarwal ceased to be Additional Director on 26 Dec 2020. Shruti Aggarwal was appointed as Director on 13 Aug 2020. Satya Parkash Gupta ceased to be Additional Director on 29 Sep 2017. Covalent Polymers has 7 board changes on record in total.

Yes, Covalent Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-64-0000749).

Covalent Polymers can be reached through the website covalentpolymers.com. Its registered office is in Saharanpur, Uttar Pradesh, India.

The registered office of Covalent Polymers is at 1881 Opposite New Patel Nagar Sharda Nagar, Saharanpur, Uttar Pradesh, India – 247001.