MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-09-0003182
Market Cap
₹96.70 Cr
DEEP · NSE
Share Price
₹39.99
0.00% today
Revenue
₹98.72 Cr
FY 2025-26 · +0.6% YoY
EBITDA
₹13.95 Cr
Margin 14.1%
Net Profit
₹6.78 Cr
FY 2025-26 · +30.1% YoY
P/E (TTM)
12.7x
P/B 0.9x
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹24.18 Cr
Issued & subscribed
About Deep Polymers Limited
Data last updated:
Deep Polymers Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 13 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25209GJ2005PLC046757. Its GSTIN is 24AACCD2648G1ZX (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 541778 and NSE: DEEP.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.18 Cr. It was formerly known as Deep Polymers Private Limited. It is led by directors including Rameshbhai Bhimjibhai Patel (Managing Director) and Ashaben Rameshbhai Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Block No. 727 & 553 Rakanpur (Santej) Taluka: Kalol, Gandhinagar, Gujarat, India – 382721.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹98.72 Cr, a growth of 0.6% compared to the previous year. For the same year it recorded a net profit of ₹6.78 Cr (net margin 6.9%) and EBITDA of ₹13.95 Cr (EBITDA margin 14.1%).
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Deep Polymer and Deep Poly. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹26.25 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 10 cases are pending. The company has 76 deals on record (74 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹16.64 Cr; the latest was in July 2026. Its 7 peer companies in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Atlantic Polymers Private Limited with revenue of ₹103.28 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
Deep Polymers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0003182). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deeppoly.com.
Company details
CIN L25209GJ2005PLC046757
Registration Number 046757
Incorporation Date 13 September 2005
ROC Ahmedabad
Listing Status Listed - Listed on NSE (DEEP); Listed on BSE (541778)
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-09-0003182
CIN history
Deep Polymers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25209GJ2005PLC046757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209GJ2005PLC046757 | Current |
| U25209GJ2005PLC046757 | Previous |
| U25209GJ2005PTC046757 | Previous |
Key People
Rameshbhai Bhimjibhai Patel Managing Director Ashaben Rameshbhai Patel Whole-Time Director Ramchandra Dallaram Choudhary Director Recognitions & Rankings of Deep Polymers
Contact details
Deep Polymers Limited's registered office is in Gandhinagar, Gujarat. Its website is deeppoly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 727 & 553 Rakanpur (Santej) Taluka: Kalol, Gandhinagar, Gujarat, India – 382721
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Deep Polymers Limited, buy the company report.
Comprehensive company report
Deep Polymers 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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Brands
Deep Polymers operates two associated brands: Deep Polymer and Deep Poly. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of antifab filler master batches | deeppolymer.in | |
| Masterbatches and antifab fillers are manufactured for diverse applications. | deeppoly.com |
Business activity
The main business activity of Deep Polymers 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 Deep Polymers Limited, buy the company report.
Financials of Deep Polymers Limited
FY 2025-26 filings availableDeep Polymers Limited reported revenue of ₹98.72 Cr (up 0.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹98.72 Cr
+0.6% YoY
EBITDA
₹13.95 Cr
+2.7% YoY
Profit After Tax
₹6.78 Cr
+30.1% YoY
Net Worth
-
Total Assets
-
Total Debt
-
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 98.72 | 98.17 | 105 | 120 | 138 | 39.76 | 32.89 |
| Revenue growth | +0.6% | -6.8% | -12.6% | -12.5% | +246.2% | +20.9% | - |
| EBITDA | 13.95 | 13.58 | 12.50 | 15.60 | 18.40 | 2.32 | 1.93 |
| EBITDA margin | +14.1% | +13.8% | +11.9% | +13.0% | +13.4% | +5.8% | +5.9% |
| Profit before tax | 9.47 | 7.83 | 8.23 | 13.46 | 15.30 | 2.43 | 2.10 |
| Net profit | 6.78 | 5.21 | 7.13 | 9.41 | 11.10 | 1.83 | 1.52 |
| Net profit margin | +6.9% | +5.3% | +6.8% | +7.8% | +8.1% | +4.6% | +4.6% |
| EPS (₹) | 7.26 | 2.15 | 2.95 | 4.10 | 4.82 | 1.54 | 1.28 |
| Balance sheet | |||||||
| Total assets | - | 124 | 121 | 118 | 105 | 27.29 | 26.52 |
| Net worth | - | 90.42 | 85.28 | 67.17 | 57.83 | 27.29 | 25.47 |
| Total debt | - | 33.88 | 35.72 | 51.13 | 47.25 | 0.00 | 1.05 |
| Cash & bank | - | 0.03 | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 |
| Net working capital | - | 35.08 | 46.12 | 66.91 | 70.98 | 18.87 | 22.68 |
| Cash flow | |||||||
| Cash from operations | - | 19.91 | 35.48 | 11.87 | (2.54) | 1.54 | (0.01) |
| Cash from investing | - | (22.04) | (23.89) | (12.53) | (11.78) | (0.50) | (1.21) |
| Cash from financing | - | (3.86) | (7.38) | (0.49) | 16.03 | (0.03) | 1.07 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.26 | 30.08 | 26.55 | 21.02 | 25.75 | 25.40 | 23.00 | 22.54 |
| Revenue growth (YoY) | +13.6% | +18.4% | +15.4% | -6.7% | +3.2% | -8.2% | - | - |
| Other income | 0.91 | 1.07 | 2.48 | 0.65 | 0.70 | 0.99 | 0.59 | 0.76 |
| EBITDA | 4.54 | 3.96 | 4.51 | 2.54 | 4.10 | 2.80 | 3.74 | 2.98 |
| EBITDA margin | +15.5% | +13.2% | +17.0% | +12.1% | +15.9% | +11.0% | +16.3% | +13.2% |
| Depreciation | 2.13 | 2.08 | 2.36 | 1.75 | 1.66 | 1.65 | 1.89 | 1.68 |
| Interest | 0.39 | 0.40 | 0.43 | 0.50 | 0.77 | 0.18 | 1.49 | 0.17 |
| Profit before tax | 2.93 | 2.55 | 4.20 | 0.94 | 2.37 | 1.96 | 0.95 | 1.89 |
| Tax | 0.75 | 0.64 | 1.45 | 0.15 | 0.60 | 0.51 | 0.56 | 0.50 |
| Net profit | 2.18 | 1.91 | 2.75 | 0.79 | 1.77 | 1.45 | 0.39 | 1.39 |
| EPS (₹) | 0.90 | 0.80 | 5.60 | 0.00 | 0.73 | 0.60 | 0.14 | 0.57 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 98.72 | 98.17 | 105 | 120 | 138 | 39.76 | 32.89 |
| Revenue growth | +0.6% | -6.8% | -12.6% | -12.5% | +246.2% | +20.9% | - |
| EBITDA | 13.95 | 13.58 | 12.50 | 15.60 | 18.40 | 2.32 | 1.93 |
| EBITDA margin | +14.1% | +13.8% | +11.9% | +13.0% | +13.4% | +5.8% | +5.9% |
| Profit before tax | 9.35 | 7.80 | 8.21 | 13.32 | 15.30 | 2.43 | 2.10 |
| Net profit | 6.66 | 5.18 | 7.11 | 9.27 | 11.10 | 1.83 | 1.52 |
| Net profit margin | +6.8% | +5.3% | +6.8% | +7.7% | +8.1% | +4.6% | +4.6% |
| EPS (₹) | 7.21 | 2.14 | 2.94 | 4.04 | 4.82 | 1.54 | 1.28 |
| Balance sheet | |||||||
| Total assets | - | 122 | 118 | 115 | 102 | 27.29 | 26.52 |
| Net worth | - | 87.54 | 82.42 | 64.34 | 55.04 | 27.29 | 25.47 |
| Total debt | - | 33.88 | 35.72 | 51.13 | 47.25 | 0.00 | 1.05 |
| Cash & bank | - | 0.03 | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 |
| Net working capital | - | 35.08 | 46.12 | 66.91 | 70.98 | 18.87 | 22.68 |
| Cash flow | |||||||
| Cash from operations | - | 19.91 | 35.48 | 11.87 | (2.54) | 1.54 | (0.01) |
| Cash from investing | - | (22.04) | (23.89) | (12.53) | (11.78) | (0.50) | (1.21) |
| Cash from financing | - | (3.86) | (7.38) | (0.49) | 16.03 | (0.03) | 1.07 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.26 | 30.08 | 26.55 | 21.02 | 25.75 | 25.40 | 23.00 | 22.54 |
| Revenue growth (YoY) | +13.6% | +18.4% | +15.4% | -6.7% | +3.2% | -8.2% | - | - |
| Other income | 0.88 | 1.06 | 2.36 | 0.69 | 0.67 | 0.98 | 0.59 | 0.75 |
| Total expenses | 24.72 | 26.12 | 22.04 | 18.48 | 21.65 | 22.60 | 19.26 | 19.56 |
| EBITDA | 4.54 | 3.96 | 4.51 | 2.54 | 4.10 | 2.80 | 3.74 | 2.98 |
| EBITDA margin | +15.5% | +13.2% | +17.0% | +12.1% | +15.9% | +11.0% | +16.3% | +13.2% |
| Depreciation | 2.13 | 2.08 | 2.36 | 1.75 | 1.66 | 1.65 | 1.89 | 1.68 |
| Interest | 0.39 | 0.40 | 0.43 | 0.50 | 0.77 | 0.18 | 1.49 | 0.17 |
| Profit before tax | 2.90 | 2.54 | 4.08 | 0.98 | 2.34 | 1.95 | 0.95 | 1.88 |
| Tax | 0.75 | 0.64 | 1.45 | 0.15 | 0.60 | 0.51 | 0.56 | 0.50 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.26 | 30.08 | 26.55 | 21.02 | 25.75 | 25.40 | 23.00 | 22.54 |
| Revenue growth (YoY) | +13.6% | +18.4% | +15.4% | -6.7% | +3.2% | -8.2% | - | - |
| Other income | 0.91 | 1.07 | 2.48 | 0.65 | 0.70 | 0.99 | 0.59 | 0.76 |
| EBITDA | 4.54 | 3.96 | 4.51 | 2.54 | 4.10 | 2.80 | 3.74 | 2.98 |
| EBITDA margin | +15.5% | +13.2% | +17.0% | +12.1% | +15.9% | +11.0% | +16.3% | +13.2% |
| Depreciation | 2.13 | 2.08 | 2.36 | 1.75 | 1.66 | 1.65 | 1.89 | 1.68 |
| Interest | 0.39 | 0.40 | 0.43 | 0.50 | 0.77 | 0.18 | 1.49 | 0.17 |
| Profit before tax | 2.93 | 2.55 | 4.20 | 0.94 | 2.37 | 1.96 | 0.95 | 1.89 |
| Tax | 0.75 | 0.64 | 1.45 | 0.15 | 0.60 | 0.51 | 0.56 | 0.50 |
| Net profit | 2.18 | 1.91 | 2.75 | 0.79 | 1.77 | 1.45 | 0.39 | 1.39 |
| EPS (₹) | 0.90 | 0.80 | 5.60 | 0.00 | 0.73 | 0.60 | 0.14 | 0.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 98.72 | 98.17 | 105 | 120 | 138 | 39.76 | 32.89 |
| Revenue growth | +0.6% | -6.8% | -12.6% | -12.5% | +246.2% | +20.9% | - |
| Other income | 4.82 | 2.77 | 2.12 | 2.08 | 1.62 | 0.55 | 1.05 |
| Total expenses | 84.77 | 84.59 | 92.78 | 105 | 119 | 37.44 | 30.96 |
| Employee cost | 0.00 | 4.98 | 3.86 | 3.59 | 3.25 | 0.87 | 0.97 |
| EBITDA | 13.95 | 13.58 | 12.50 | 15.60 | 18.40 | 2.32 | 1.93 |
| EBITDA margin | +14.1% | +13.8% | +11.9% | +13.0% | +13.4% | +5.8% | +5.9% |
| Depreciation | 7.43 | 6.49 | 3.52 | 2.02 | 2.11 | 0.41 | 0.45 |
| Interest | 1.87 | 2.03 | 2.87 | 2.20 | 2.61 | 0.03 | 0.43 |
| Profit before tax | 9.47 | 7.83 | 8.23 | 13.46 | 15.30 | 2.43 | 2.10 |
| Tax | 2.69 | 2.63 | 1.09 | 4.04 | 4.20 | 0.60 | 0.58 |
| Net profit | 6.78 | 5.21 | 7.13 | 9.41 | 11.10 | 1.83 | 1.52 |
| Net profit margin | +6.9% | +5.3% | +6.8% | +7.8% | +8.1% | +4.6% | +4.6% |
| EPS (₹) | 7.26 | 2.15 | 2.95 | 4.10 | 4.82 | 1.54 | 1.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 24.18 | 24.18 | 23.03 | 23.03 | 11.87 | 11.87 |
| Reserves & surplus | - | 66.24 | 61.10 | 44.14 | 34.80 | 15.42 | 13.60 |
| Shareholders' funds (net worth) | - | 90.42 | 85.28 | 67.17 | 57.83 | 27.29 | 25.47 |
| Minority interest | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 11.58 | 8.96 | 11.96 | 0.00 | 0.00 | 0.73 |
| Unsecured loans | - | 22.30 | 26.76 | 39.17 | 47.25 | 0.00 | 0.32 |
| Total debt | - | 33.88 | 35.72 | 51.13 | 47.25 | 0.00 | 1.05 |
| Total liabilities | - | 124 | 121 | 118 | 105 | 27.29 | 26.52 |
| Assets | |||||||
| Gross block | - | 71.09 | 59.37 | 28.44 | 22.50 | 10.31 | 9.81 |
| Net block | - | 49.36 | 44.13 | 16.72 | 12.81 | 2.72 | 2.64 |
| Capital work in progress | - | 14.68 | 1.67 | 10.41 | 0.00 | 0.00 | 0.00 |
| Investments | - | 2.98 | 2.95 | 2.93 | 20.91 | 0.10 | 0.10 |
| Inventories | - | 21.19 | 23.56 | 32.56 | 20.90 | 3.10 | 4.38 |
| Sundry debtors | - | 23.61 | 27.81 | 31.22 | 45.23 | 18.11 | 19.06 |
| Cash & bank balances | - | 0.03 | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 |
| Loans & advances | - | 2.36 | 1.57 | 14.52 | 12.21 | 0.72 | 0.68 |
| Total current assets | - | 47.19 | 58.96 | 80.11 | 81.30 | 23.18 | 24.37 |
| Total current liabilities | - | 12.11 | 12.84 | 13.20 | 10.32 | 4.31 | 1.69 |
| Net working capital | - | 35.08 | 46.12 | 66.91 | 70.98 | 18.87 | 22.68 |
| Total assets | - | 124 | 121 | 118 | 105 | 27.29 | 26.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 | 0.39 |
| Net cash from operating activities | - | 19.91 | 35.48 | 11.87 | (2.54) | 1.54 | (0.01) |
| Net cash from investing activities | - | (22.04) | (23.89) | (12.53) | (11.78) | (0.50) | (1.21) |
| Net cash from financing activities | - | (3.86) | (7.38) | (0.49) | 16.03 | (0.03) | 1.07 |
| Net change in cash | - | (5.99) | 4.21 | (1.16) | 1.71 | 1.00 | (0.14) |
| Closing cash | - | 0.03 | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.6% | -6.8% | -12.6% | -12.5% | +246.2% | +20.9% | - |
| EBITDA growth | +2.7% | +8.6% | -19.9% | -15.2% | +693.1% | +20.2% | - |
| PBT growth | +21.0% | -4.9% | -38.9% | -12.0% | +529.6% | +15.7% | -54.4% |
| Net income growth | +30.1% | -26.9% | -24.2% | -15.2% | +506.6% | +20.4% | - |
| Revenue CAGR (3Y) | -6.4% | -10.7% | +38.4% | +54.1% | +50.5% | -0.0% | - |
| EBITDA CAGR (3Y) | -3.7% | -9.6% | +75.3% | +100.7% | +72.9% | -6.7% | - |
| Profitability & leverage | |||||||
| Net income margin | +6.9% | +5.3% | +6.8% | +7.8% | +8.1% | +4.6% | +4.6% |
| Return on capital employed | - | +8.0% | +9.3% | +14.0% | +27.1% | +9.1% | +9.1% |
| Return on net worth | - | +5.9% | +9.4% | +15.1% | +26.1% | +6.9% | +6.1% |
| Debt / equity | - | 0.40 | 0.57 | 0.79 | 0.56 | 0.02 | 0.13 |
| Long-term debt / equity | - | 0.35 | 0.53 | 0.76 | 0.55 | 0.00 | 0.04 |
| Interest cover | 28.68 | 28.63 | 31.96 | 16.20 | 16.02 | 1.57 | 29.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.50 | 2.40 | 4.73 | 8.39 | 3.95 | 3.35 |
| Inventory turnover | - | 4.39 | 3.75 | 4.51 | 11.47 | 10.63 | 7.04 |
| Debtors turnover | - | 3.82 | 3.57 | 3.15 | 4.35 | 2.14 | 1.67 |
| EPS (₹) | 7.26 | 2.15 | 2.95 | 4.10 | 4.82 | 1.54 | 1.28 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 37.39 | 35.27 | 29.16 | 25.11 | 22.99 | 21.45 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.26 | 30.08 | 26.55 | 21.02 | 25.75 | 25.40 | 23.00 | 22.54 |
| Revenue growth (YoY) | +13.6% | +18.4% | +15.4% | -6.7% | +3.2% | -8.2% | - | - |
| Other income | 0.88 | 1.06 | 2.36 | 0.69 | 0.67 | 0.98 | 0.59 | 0.75 |
| Total expenses | 24.72 | 26.12 | 22.04 | 18.48 | 21.65 | 22.60 | 19.26 | 19.56 |
| EBITDA | 4.54 | 3.96 | 4.51 | 2.54 | 4.10 | 2.80 | 3.74 | 2.98 |
| EBITDA margin | +15.5% | +13.2% | +17.0% | +12.1% | +15.9% | +11.0% | +16.3% | +13.2% |
| Depreciation | 2.13 | 2.08 | 2.36 | 1.75 | 1.66 | 1.65 | 1.89 | 1.68 |
| Interest | 0.39 | 0.40 | 0.43 | 0.50 | 0.77 | 0.18 | 1.49 | 0.17 |
| Profit before tax | 2.90 | 2.54 | 4.08 | 0.98 | 2.34 | 1.95 | 0.95 | 1.88 |
| Tax | 0.75 | 0.64 | 1.45 | 0.15 | 0.60 | 0.51 | 0.56 | 0.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 98.72 | 98.17 | 105 | 120 | 138 | 39.76 | 32.89 |
| Revenue growth | +0.6% | -6.8% | -12.6% | -12.5% | +246.2% | +20.9% | - |
| Other income | 4.70 | 2.74 | 2.10 | 1.94 | 1.62 | 0.55 | 1.05 |
| Total expenses | 84.77 | 84.59 | 92.78 | 105 | 119 | 37.44 | 30.96 |
| Employee cost | 0.00 | 4.98 | 3.86 | 3.59 | 3.25 | 0.87 | 0.97 |
| EBITDA | 13.95 | 13.58 | 12.50 | 15.60 | 18.40 | 2.32 | 1.93 |
| EBITDA margin | +14.1% | +13.8% | +11.9% | +13.0% | +13.4% | +5.8% | +5.9% |
| Depreciation | 7.43 | 6.49 | 3.52 | 2.02 | 2.11 | 0.41 | 0.45 |
| Interest | 1.87 | 2.03 | 2.87 | 2.20 | 2.61 | 0.03 | 0.43 |
| Profit before tax | 9.35 | 7.80 | 8.21 | 13.32 | 15.30 | 2.43 | 2.10 |
| Tax | 2.69 | 2.63 | 1.09 | 4.04 | 4.20 | 0.60 | 0.58 |
| Net profit | 6.66 | 5.18 | 7.11 | 9.27 | 11.10 | 1.83 | 1.52 |
| Net profit margin | +6.8% | +5.3% | +6.8% | +7.7% | +8.1% | +4.6% | +4.6% |
| EPS (₹) | 7.21 | 2.14 | 2.94 | 4.04 | 4.82 | 1.54 | 1.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 24.18 | 24.18 | 23.03 | 23.03 | 11.87 | 11.87 |
| Reserves & surplus | - | 63.36 | 58.24 | 41.31 | 32.01 | 15.42 | 13.60 |
| Shareholders' funds (net worth) | - | 87.54 | 82.42 | 64.34 | 55.04 | 27.29 | 25.47 |
| Secured loans | - | 11.58 | 8.96 | 11.96 | 0.00 | 0.00 | 0.73 |
| Unsecured loans | - | 22.30 | 26.76 | 39.17 | 47.25 | 0.00 | 0.32 |
| Total debt | - | 33.88 | 35.72 | 51.13 | 47.25 | 0.00 | 1.05 |
| Total liabilities | - | 122 | 118 | 115 | 102 | 27.29 | 26.52 |
| Assets | |||||||
| Gross block | - | 71.09 | 59.37 | 28.44 | 22.50 | 10.31 | 9.81 |
| Net block | - | 49.36 | 44.13 | 16.72 | 12.81 | 2.72 | 2.64 |
| Capital work in progress | - | 14.68 | 1.67 | 10.41 | 0.00 | 0.00 | 0.00 |
| Investments | - | 0.10 | 0.10 | 0.10 | 18.12 | 5.53 | 0.10 |
| Inventories | - | 21.19 | 23.56 | 32.56 | 20.90 | 3.10 | 4.38 |
| Sundry debtors | - | 23.61 | 27.81 | 31.22 | 45.23 | 18.11 | 19.06 |
| Cash & bank balances | - | 0.03 | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 |
| Loans & advances | - | 2.36 | 1.57 | 14.52 | 12.21 | 0.72 | 0.68 |
| Total current assets | - | 47.19 | 58.96 | 80.11 | 81.30 | 23.18 | 24.37 |
| Total current liabilities | - | 12.11 | 12.84 | 13.20 | 10.32 | 4.31 | 1.69 |
| Net working capital | - | 35.08 | 46.12 | 66.91 | 70.98 | 18.87 | 22.68 |
| Total assets | - | 122 | 118 | 115 | 102 | 27.29 | 26.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 | 0.39 |
| Net cash from operating activities | - | 19.91 | 35.48 | 11.87 | (2.54) | 1.54 | (0.01) |
| Net cash from investing activities | - | (22.04) | (23.89) | (12.53) | (11.78) | (0.50) | (1.21) |
| Net cash from financing activities | - | (3.86) | (7.38) | (0.49) | 16.03 | (0.03) | 1.07 |
| Net change in cash | - | (5.99) | 4.21 | (1.16) | 1.71 | 1.00 | (0.14) |
| Closing cash | - | 0.03 | 6.02 | 1.81 | 2.96 | 1.25 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.6% | -6.8% | -12.6% | -12.5% | +246.2% | +20.9% | - |
| EBITDA growth | +2.7% | +8.6% | -19.9% | -15.2% | +693.1% | +20.2% | - |
| PBT growth | +19.9% | -5.0% | -38.4% | -12.9% | +529.6% | +15.7% | -54.3% |
| Net income growth | +28.6% | -27.1% | -23.3% | -16.5% | +506.6% | +20.4% | - |
| Revenue CAGR (3Y) | -6.4% | -10.7% | +38.4% | +54.1% | +50.5% | -0.0% | -8.2% |
| EBITDA CAGR (3Y) | -3.7% | -9.6% | +75.3% | +100.7% | +73.1% | -6.7% | -16.1% |
| Profitability & leverage | |||||||
| Net income margin | +6.8% | +5.3% | +6.8% | +7.7% | +8.1% | +4.6% | +4.6% |
| Return on capital employed | - | +8.2% | +9.5% | +14.3% | +27.7% | +9.1% | +9.1% |
| Return on net worth | - | +6.1% | +9.7% | +15.6% | +27.0% | +6.9% | +6.1% |
| Debt / equity | - | 0.41 | 0.59 | 0.82 | 0.57 | 0.02 | 0.13 |
| Long-term debt / equity | - | 0.36 | 0.55 | 0.80 | 0.57 | 0.00 | 0.04 |
| Interest cover | 28.68 | 28.63 | 31.96 | 16.20 | 16.02 | 1.57 | 29.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.50 | 2.40 | 4.73 | 8.39 | 3.95 | 3.37 |
| Inventory turnover | - | 4.39 | 3.75 | 4.51 | 11.47 | 10.63 | 7.04 |
| Debtors turnover | - | 3.82 | 3.57 | 3.15 | 4.35 | 2.14 | 1.67 |
| EPS (₹) | 7.21 | 2.14 | 2.94 | 4.04 | 4.82 | 1.54 | 1.28 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 36.20 | 34.09 | 27.94 | 23.90 | 22.99 | 21.45 |
To see the full year-wise statements and ratios of Deep Polymers Limited, buy the company report.
Board of directors of Deep Polymers Limited
Deep Polymers has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashaben Rameshbhai Patel Also directs: Deep Masterbatch Limited | Whole-Time Director | 13 Sep 2005 | 21 Years 2 Months | Current |
| Rameshbhai Bhimjibhai Patel Also directs: Deep Masterbatch Limited, Kan Aerofoil Private Limited | Managing Director | 13 Sep 2005 | 21 Years 2 Months | Current |
| Ramchandra Dallaram Choudhary Also directs: GVP Infotech Limited, Sun Resolution Professionals Private Limited | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
| Jayeshkumar Manaharlal Barot Also directs: Sai Realty Private Limited | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
| Aryan Rameshbhai Patel | Director | 18 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Deep Polymers Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 |
|---|---|---|---|---|---|---|
| Atlantic Polymers Private Limited | ₹103.28 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Devi Polymers Private Limited | ₹101.56 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| A.M. Masterbatch Private Limited | ₹101.12 Cr (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| Kaveri Ultra Polymers Private Limited | ₹100.8 Cr (FY 2025) | 4.0% | Karnataka, India | |||
| Foottech Polymers (India) Private Limited | ₹100.18 Cr (FY 2025) | 18.0% | Mysore, Karnataka, India | |||
| Sri Ramkarthic Polymers Private Limited | ₹100.03 Cr (FY 2025) | -12.0% | Coimbatore, Tamil Nadu, India | |||
| Deep Polymers Limitedthis company | ₹98.72 Cr (FY 2026) | ₹6.78 Cr | 6.9% | 0.6% | 56 | Gandhinagar, Gujarat, India |
| Venuka Polymers Private Limited | ₹97.76 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Deep Polymers Limited, buy the company report.
Auditor
Deep Polymers Limited is audited by S. Mandawat & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Mandawat & Co. | FY 2023 | 118330W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 34.10%.
Sep 2026
QUARTER
65.90% Promoters
34.10% Retail & Others
Promoter holding - history
Now 65.90% · Sep 2026High 65.90% · Sep 2026Low 65.50% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.90% | 65.80% | 65.60% | 65.50% |
| Public | 34.10% | 34.20% | 34.40% | 34.50% |
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
₹26.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2023 | 100681815 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Cr | Open | |
| 23 Dec 2022 | 100658762 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 31 Aug 2014 | 10519614 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 24 Jan 2012 | 10331702 | Hdfc Bank Limited | ₹4 Cr | Satisfied | |
| 26 Jul 2011 | 10299744 | Hdfc Bank Limited | ₹12 Cr | Satisfied |
To see the full charge records of Deep Polymers Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Deep Polymers Limited has 76 deals on record (74 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹16.64 Cr; the latest was in July 2026.
Total deals
76
Market trades
74
IPO
1
Funding round
1
Disclosed funding
₹16.64 Cr
Deals on record (5 of 76)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹61.3 Lakh | Buyer: an individual Seller: Malani Wealth Advisors Private Limited |
| Jul 2026 | Market trade | ₹64.6 Lakh | Seller: Gretex Share Broking Limited |
| Mar 2025 | Market trade | ₹1.67 Cr | Buyer: Malani Wealth Advisors Private Limited Seller: NNM Securities Private Limited |
| Mar 2024 | Market trade | ₹1.54 Cr | Buyer: an individual Seller: Gretex Share Broking Limited |
| Mar 2023 | Market trade | ₹1.2 Cr | Buyer: NNM Securities Private Limited Seller: NNM Securities Private Limited |
To see the full deal history of Deep Polymers 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
Deep Polymers Limited has 16 court cases on record: 12 filed by Deep Polymers, 4 filed against it. 10 cases are pending and 6 are disposed.
Total cases
16
Filed by the company
12
Filed against the company
4
Pending
10
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 4 | 10 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed by the company against Ozolin Geotech Pvt Ltd and 4 others | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against Krishi Kishan Agro Mulch Pvt Ltd and 2 others | Disposed |
| NCLAT, Court II | Tribunal matter | Filed by the company against M/S Bonus Plastics Private Ltd. & Ors. and 2 others | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed by the company against Riddhi Packaging C/O P and P Packaging Solutions Through Its Proprietor Ruchish Shah | Pending |
To see the full case history of Deep Polymers 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
Deep Polymers Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lincon Polymers Private Limited |
To see the full MSME payment records of Deep Polymers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Deep Polymers Limited has a workforce of 56 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
56
Active EPFO establishments
2
Employee growth
40%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 56 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Deep Polymers Limited, buy the company report.
GST
Deep Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD2648G1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deep Polymers Limited, buy the company report.
Recent activity
Deep Polymers Limited has 19 board changes on record since 2005: 12 appointments and 7 cessations. The latest: Parin Hareshbhai Patwari ceased to be Additional Director on 01 Sep 2025.
Filing
Deep Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Deep Polymers Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Ceased
Parin Hareshbhai Patwari ceased to be Additional Director.
Appointed
Aryan Rameshbhai Patel was appointed as Director.
Ceased
Jignesha Rameshbhai Patel ceased to be Director.
Appointed
Parin Hareshbhai Patwari was appointed as Additional Director.
Ceased
Digesh Mansukhlal Deshaval ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100681815 was registered on 09 Jan 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Cr with Charge ID 100658762 was registered on 23 Dec 2022.
Appointed
Digesh Mansukhlal Deshaval was appointed as Director.
Appointed
Jayeshkumar Manaharlal Barot was appointed as Director.
Ceased
Narayansinh Chauhan ceased to be Director.
23 earlier events are in the company report.
News
Frequently asked questions
Deep Polymers is an active public limited company based in Gandhinagar, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 13 September 2005 (21+ years old) and is registered under CIN L25209GJ2005PLC046757. Listed on BSE: 541778 and NSE: DEEP.
Deep Polymers reported revenue of ₹98.72 Cr for FY 2025-26 (up 0.6% YoY) based on consolidated financials.
Deep Polymers has 5 current directors:
- Rameshbhai Bhimjibhai Patel - Managing Director
- Ashaben Rameshbhai Patel - Whole-Time Director
- Ramchandra Dallaram Choudhary - Director
- Jayeshkumar Manaharlal Barot - Director
- Aryan Rameshbhai Patel - Director
The latest financial statements of Deep Polymers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Deep Polymers is 24AACCD2648G1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Deep Polymers is L25209GJ2005PLC046757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Deep Polymers is a listed company as per MCA records. Its shares are listed on both BSE (code: 541778) and NSE (symbol: DEEP).
Deep Polymers has 16 court cases on record: 12 filed by the company and 4 filed against it. 10 are pending. Most are in the district courts.
Deep Polymers was incorporated on 13 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Deep Polymers has 76 deals on record (74 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹16.64 Cr; the latest was in July 2026.
The peers of Deep Polymers by revenue are Atlantic Polymers Private Limited, Devi Polymers Private Limited, A.M. Masterbatch Private Limited, Kaveri Ultra Polymers Private Limited, Foottech Polymers (India) Private Limited and 2 more, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Parin Hareshbhai Patwari ceased to be Additional Director on 01 Sep 2025. Aryan Rameshbhai Patel was appointed as Director on 18 Aug 2025. Jignesha Rameshbhai Patel ceased to be Director on 20 May 2025. Deep Polymers has 19 board changes on record in total.
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