Daga Polymers Private Limited
About Daga Polymers Private Limited
Data last updated:
Daga Polymers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 18 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2008PTC055452. Its GSTIN is 24AADCD0198G1ZV (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Ashokkumar Manikchand Daga (Managing Director) and Rohitkumar Jatanlal Daga (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H – 31 32 City Industrial Estate Udhna Udhyog Nagar Udhna, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.71 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹71,000 (net margin 0.1%) and EBITDA of ₹26.25 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH – 31 32 City Industrial Estate Udhna Udhyog Nagar Udhna, Surat, Gujarat, India – 394210
- IndustryTrading, Wholesale, Other Wholesale
- 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 of Daga Polymers Private Limited
The main business activity of Daga Polymers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Financials of Daga Polymers Private Limited FY 2025 filings available
Daga Polymers Private Limited reported revenue of ₹12.71 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Daga Polymers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 22% fall in the latest year. EBITDA fell 24% 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 Daga 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 | ₹26.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹71,000 | •••• | •••• | •••• | •••• |
| 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 Daga Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Daga 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.
Peer Comparison of Daga Polymers Private Limited
Daga Polymers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (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 |
|---|---|---|---|---|---|---|
| Nisarg Polymers Private Limited | ₹12.86 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Vasai, Maharashtra, India |
| KGR Polymers Private Limited | ₹12.85 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Kanpur, Uttar Pradesh, India |
| Karvin Polymers Private Limited. | ₹12.85 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Nirmal Polymers Private Limited | ₹12.83 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Delhi, India |
| United Laxmi Polymers Private Limited | ₹12.72 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Daga Polymers Private Limited this company | ₹12.71 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Surat, Gujarat, India |
| Elitee Speciality Polymers Private Limited | ₹12.67 Cr (FY 2025) | •••• | •••• | 9251.0% | •••• | Ahmedabad, Gujarat, India |
| Selfshine Polymers India Private Limited | ₹12.63 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Thrissur, Kerala, India |
| Shriram Mehar Polymers Private Limited | ₹12.6 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ahmedabad, Gujarat, India |
| Shree Shakambari Polymers Private Limited | ₹12.56 Cr (FY 2020) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Kamboj Polymers Private Limited | ₹12.51 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Daga Polymers by revenue in the Chemicals industry (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 Daga Polymers Private Limited
Daga Polymers Private Limited is audited by Surendra K. Sharma & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Surendra K. Sharma & 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 Daga Polymers Private Limited
Daga Polymers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokkumar Manikchand Daga Also directs: Tulsi Paper Mills Private Limited | Managing Director | 18 Nov 2008 | 17 Years 11 Months | Current |
| Rohitkumar Jatanlal Daga | Whole-Time Director | 21 Dec 2018 | 7 Years 9 Months | Current |
| Sarita Daga | Whole-Time Director | 18 Nov 2008 | 17 Years 11 Months | Current |
Ownership and Shareholding of Daga 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 Daga Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Apr 2011 | Others | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Daga Polymers Private Limited
Employment history and EPFO contributions of people linked to Daga Polymers.
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.
Group Structure of Daga Polymers Private Limited
Daga Polymers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Daga Polymers Private Limited
Daga Polymers Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Rohitkumar Jatanlal Daga ceased to be Director on 21 Feb 2020.
Credit Ratings, Litigation & Regulatory Alerts for Daga 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 Daga 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 Daga 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.
GST Compliance of Daga Polymers Private Limited
Daga Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD0198G1ZV | 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.
MCA Filings & Documents of Daga 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.
Frequently Asked Questions about Daga Polymers Private Limited
Daga Polymers is an active private limited company based in Surat, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 18 November 2008 (18+ years old) and is registered under CIN U25200GJ2008PTC055452.
Daga Polymers reported revenue of ₹12.71 Cr for FY 2025 (down 22% YoY).
Daga Polymers has 3 current directors:
- Ashokkumar Manikchand Daga - Managing Director
- Rohitkumar Jatanlal Daga - Whole-Time Director
- Sarita Daga - Whole-Time Director
Daga Polymers reported a net profit of ₹71,000 (net margin 0.1%) and EBITDA of ₹26.25 Lakh (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Daga Polymers is -29% over three years and -17% over five years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Daga Polymers is 24AADCD0198G1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Daga Polymers is U25200GJ2008PTC055452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daga Polymers was incorporated on 18 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Daga Polymers by revenue are Nisarg Polymers Private Limited, KGR Polymers Private Limited, Karvin Polymers Private Limited, Nirmal Polymers Private Limited, United Laxmi Polymers Private Limited and 5 more, all in the Chemicals industry (Polymers).
Rohitkumar Jatanlal Daga ceased to be Director on 21 Feb 2020. Pinki Jatanlal Daga ceased to be Whole-Time Director on 21 Dec 2018. Rohitkumar Jatanlal Daga was appointed as Whole-Time Director on 21 Dec 2018. Daga Polymers has 7 board changes on record in total.
The registered office of Daga Polymers is at H – 31 32 City Industrial Estate Udhna Udhyog Nagar Udhna, Surat, Gujarat, India – 394210.