Dolphin Polyplast Private Limited

Dolphin Polyplast Private Limited - manufacturing in Metoda, Gujarat, India. FY 2026 financials & compliance.
CIN U25200GJ1999PTC037004 Incorporated 13 December 1999 ROC Ahmedabad HQ Metoda, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
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 4 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. Its 10 peer companies in the Manufacturing industry (Pipes) are compared by revenue, 5 larger and 5 smaller; the largest is Anubhav Tubes & Conductors Private Limited with revenue of ₹41.62 Cr.

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
Key People
Shailesh Rajabhai Limbasiya Director Donika Shailesh Limbasiya Director

Recognitions & Rankings of Dolphin Polyplast

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0001645
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    dolphinpipe.com
  • Social Media
  • Registered Address
    Allmighty Gate No. 2 Plot No. G/1/C Kalawad Road Ta. Lodhika G.I.D.C., Metoda, Gujarat, India – 360021
  • Industry
    Manufacturing, Pipe & Tubes
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Financials, compliance, directors, charges, ownership and filings for Dolphin Polyplast Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Dolphin Polyplast Private Limited

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Dolphin Polyplast Private Limited FY 2025 filings available

Dolphin 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) of Dolphin Polyplast Private Limited

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 of Dolphin Polyplast Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹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 of Dolphin Polyplast Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.3%••••••••••••••••
Net Profit Margin1.4%••••••••••••••••
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 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.

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Financial statements from 2015

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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
NameDesignationAppointment DateTenureStatus
Shailesh Rajabhai Limbasiya
Also directs: Dolphin India Limited
Director01 Oct 201313 Years 0 MonthsCurrent
Donika Shailesh LimbasiyaDirector29 May 20251 Years 4 MonthsCurrent
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Peer Comparison of Dolphin Polyplast Private Limited

Dolphin Polyplast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Anubhav Tubes & Conductors Private Limited₹41.62 Cr (FY 2025)••••••••38.0%••••Kanpur, Uttar Pradesh, India
S.G.G. Cement Product Private Limited₹41.44 Cr (FY 2025)••••••••-24.0%••••Tonk, Rajasthan, India
Maa Vaishno Cotspin Limited₹41.28 Cr (FY 2025)••••••••17.0%••••Barotiwala, Himachal Pradesh, India
Aapo Steel Pipe Private Limited₹40.92 Cr (FY 2024)••••••••-23.0%••••Coimbatore, Tamil Nadu, India
Aron Pipes Private Limited₹40.72 Cr (FY 2024)••••••••-38.0%••••Surat, Gujarat, India
Dolphin Polyplast Private Limited this company₹40.6 Cr (FY 2025)••••••••-27.0%••••Metoda, Gujarat, India
Swaroop Steel Tube India Private Limited₹40.4 Cr (FY 2025)••••••••-8.0%••••Pune, Maharashtra, India
Haryana Plast Private Limited₹40.37 Cr (FY 2025)••••••••16.0%••••Kurukshetra, Haryana, India
Goenka Cast Engineering (India) Private Limited₹40.24 Cr (FY 2025)••••••••-31.0%••••Raipur, Chhattisgarh, India
Sarda Pipes and Fittings Private Limited₹40.21 Cr (FY 2025)••••••••1.0%••••Mumbai, Maharashtra, India
Sufi Structural Tubes Private Limited₹40.15 Cr (FY 2025)••••••••45.0%••••Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Dolphin Polyplast by revenue in the Manufacturing industry (Pipes), 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 Dolphin Polyplast Private Limited

Dolphin Polyplast Private Limited is audited by H. JAMNADAS & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
H. JAMNADAS & CO.LockedLockedLocked
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Ownership and Shareholding of Dolphin Polyplast Private Limited

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Charges & Borrowings of Dolphin Polyplast Private Limited

Open charges
₹34.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹31.09 Cr
Sidbi₹3.49 Cr
Hdfc Bank Limited₹0.25 Cr
Latest charge details
DateLenderAmountStatus
30 Jan 2025Sidbi₹1.68 CrOpen
19 Sep 2024Sidbi₹65 LakhOpen
08 Nov 2023Sidbi₹1.16 CrOpen
17 Feb 2023Hdfc Bank Limited₹25 LakhOpen
16 Sep 2004Others₹16.01 CrOpen

Total charge records: 6 View all charges

Deals & Funding of Dolphin Polyplast Private Limited

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)

WhenDealAmountParties
Sep 2020Rights issue₹1.2 CrInvestors: 4 individuals
Jul 2018Rights issue₹75 LakhInvestors: 4 individuals
Jun 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Jul 2016Rights issue₹75 LakhInvestors: 4 individuals
Mar 2015Funding round₹75 LakhInvestors: 4 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Dolphin Polyplast Private Limited

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%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Dolphin Polyplast Private Limited

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 for Dolphin Polyplast Private Limited

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MSME Payment Delays by Dolphin Polyplast Private Limited

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Subsidiaries & Group Companies of Dolphin Polyplast Private Limited

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GST Compliance of Dolphin Polyplast Private Limited

Dolphin Polyplast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCD1858R1Z9GujaratActive01 Jul 2017
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MCA Filings & Documents of Dolphin Polyplast Private Limited

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Frequently Asked Questions about Dolphin Polyplast Private Limited

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 reported revenue of ₹40.6 Cr for FY 2025 (down 27% YoY).

Dolphin Polyplast has 2 current directors:

Dolphin Polyplast reported a net profit of ₹54.99 Lakh (net margin 1.4%) and EBITDA of ₹5.4 Cr (EBITDA margin 13.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Dolphin Polyplast is -6% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.

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 4 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.

The peers of Dolphin Polyplast by revenue are Anubhav Tubes & Conductors Private Limited, S.G.G. Cement Product Private Limited, Maa Vaishno Cotspin Limited, Aapo Steel Pipe Private Limited, Aron Pipes Private Limited and 5 more, all in the Manufacturing industry (Pipes).

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