MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0001645
Dolphin Polyplast Private Limited - manufacturing in Metoda, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.6 Cr
▼ 27% YoY
Net profit · FY 2025
₹54.99 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹5.4 Cr
EBITDA margin 13.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.95 Cr
Issued & subscribed
Open charges
₹34.82 Cr
Secured borrowings
Company age
27 yrs
Est. 1999
Employees · EPFO
18
Provident fund records
About Dolphin Polyplast Private Limited
Data last updated:
Dolphin Polyplast Private Limited is a private limited company based in Metoda, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 13 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ1999PTC037004. Its GSTIN is 24AABCD1858R1Z9 (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.95 Cr. It is led by directors Shailesh Rajabhai Limbasiya and Donika Shailesh Limbasiya.
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 Allmighty Gate No. 2 Plot No. G/1/C Kalawad Road Ta. Lodhika G.I.D.C., Metoda, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.6 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹54.99 Lakh (net margin 1.4%) and EBITDA of ₹5.4 Cr (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.82 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 7 cases are pending. The company has 11 deals on record (6 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹1.2 Cr; the latest was in September 2020.
Dolphin Polyplast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001645). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dolphinpipe.com.
Company Details of Dolphin Polyplast Private Limited
CIN U25200GJ1999PTC037004
Registration Number 037004
Incorporation Date 13 December 1999
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 Medium
Udyam Registration UDYAM-GJ-20-0001645
Recognitions & Rankings of Dolphin Polyplast
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAllmighty Gate No. 2 Plot No. G/1/C Kalawad Road Ta. Lodhika G.I.D.C., Metoda, Gujarat, India – 360021
- IndustryManufacturing, Pipe & Tubes
Comprehensive company report
Dolphin Polyplast 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 Dolphin Polyplast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| 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 |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Dolphin Polyplast Private Limited
FY 2025 filings availableDolphin Polyplast Private Limited reported revenue of ₹40.6 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹40.6 Cr ▼ 27%
Net profit · FY 2025
₹54.99 Lakh margin 1.4%
EBITDA · FY 2025
₹5.4 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 6%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 3%
5 years · compounded
▲ 2%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 27% fall in the latest year. EBITDA fell 6% 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹5.4 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹54.99 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.3% | |
| Net Profit Margin | 1.4% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Dolphin Polyplast are in the company report.
: available in the company report
Board of Directors of Dolphin Polyplast Private Limited
Dolphin Polyplast has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Rajabhai Limbasiya Also directs: Dolphin India Limited | Director | 01 Oct 2013 | 13 Years 0 Months | Current |
| Donika Shailesh Limbasiya | Director | 29 May 2025 | 1 Years 4 Months | Current |
Auditor Details
Dolphin Polyplast Private Limited is audited by H. JAMNADAS & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. JAMNADAS & CO. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹34.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2025 | Sidbi | ₹1.68 Cr | Open |
| 19 Sep 2024 | Sidbi | ₹65 Lakh | Open |
| 08 Nov 2023 | Sidbi | ₹1.16 Cr | Open |
| 17 Feb 2023 | Hdfc Bank Limited | ₹25 Lakh | Open |
| 16 Sep 2004 | Others | ₹16.01 Cr | Open |
Total charge records: 6 View all charges
Deals & Funding
Dolphin Polyplast Private Limited has 11 deals on record (6 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹1.2 Cr; the latest was in September 2020.
Total deals
11
Secondary share transfers
6
Rights issues
3
Funding rounds
2
Disclosed funding
₹1.2 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Rights issue | ₹1.2 Cr | Investors: 4 individuals |
| Jul 2018 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2016 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
| Mar 2015 | Funding round | ₹75 Lakh | Investors: 4 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Dolphin Polyplast Private Limited has 17 court cases on record: 12 filed by Dolphin Polyplast, 5 filed against it. 7 cases are pending and 10 are disposed.
Total cases
17
Filed by the company
12
Filed against the company
5
Pending
7
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 4 | 7 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Urja Vikas Nigam Ltd. and 1 other | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Revision petition | Filed against the company | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Mr. Rahman Proprietor of M/S Mohd Pravaj Hardware and Sanetary Store | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Krishnakant Mishra Proprietor of M/S Vishal Bath Zone | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
: available in 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.
Employees and EPFO Compliance
Dolphin Polyplast Private Limited has a workforce of 18 employees as of Mar 27, 2024.
Employee count
18
Active EPFO establishments
1
Employee growth
5.88%
: available in the company report
Recent Activity
Dolphin Polyplast Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Hareshbhai Savdasbhai Kothiya ceased to be Director on 31 May 2025.
AGM
Dolphin Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Hareshbhai Savdasbhai Kothiya ceased to be Director.
Ceased
Mavjibhai Khodabhai Limbasiya ceased to be Director.
Appointed
Donika Shailesh Limbasiya was appointed as Director.
Filing
Dolphin Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 1.68 Cr with Charge ID 101060773 was registered on 30 Jan 2025.
Charges
A charge with Sidbi amounted to Rs. 0.65 Cr with Charge ID 100981572 was registered on 19 Sep 2024.
Charges
A charge with Others of Rs. 16.01 Cr registered on 16 Sep 2004 with Charge ID 90110793 was modified on 23 Aug 2024.
Charges
A charge with Others of Rs. 15.08 Cr registered on 16 Sep 2004 with Charge ID 90113222 was modified on 09 Aug 2024.
Charges
A charge with Sidbi amounted to Rs. 1.16 Cr with Charge ID 100816348 was registered on 08 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100677185 was registered on 17 Feb 2023.
Ceased
Bhagvanjibhai Nathabhai Vadodariya ceased to be Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Dolphin Polyplast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD1858R1Z9 | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Dolphin Polyplast is an active private limited company based in Metoda, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 13 December 1999 (27+ years old) and is registered under CIN U25200GJ1999PTC037004.
Dolphin Polyplast has 2 current directors:
- Shailesh Rajabhai Limbasiya - Director
- Donika Shailesh Limbasiya - Director
The latest financial statements of Dolphin Polyplast 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 2015 are in the company report.
The GSTIN of Dolphin Polyplast is 24AABCD1858R1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Dolphin Polyplast is U25200GJ1999PTC037004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dolphin Polyplast has 17 court cases on record: 12 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Dolphin Polyplast was incorporated on 13 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dolphin Polyplast has 11 deals on record (6 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹1.2 Cr; the latest was in September 2020.
Hareshbhai Savdasbhai Kothiya ceased to be Director on 31 May 2025. Mavjibhai Khodabhai Limbasiya ceased to be Director on 31 May 2025. Donika Shailesh Limbasiya was appointed as Director on 29 May 2025. Dolphin Polyplast has 5 board changes on record in total.
Yes, Dolphin Polyplast is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0001645).