Earnest Polymers Pvt Ltd.
About Earnest Polymers Pvt Ltd.
Data last updated:
Earnest Polymers Pvt Ltd. is a private limited company based in Puducherry, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 22 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Pondicherry, under CIN U25202PY1992PTC000790. Its GSTIN is 34AAACE0751B1ZF (Puducherry). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors Savarimuthu John Peter (Managing Director) and Peter Leo John.
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 88 Mariamma Koil St.Reddiarpalyam Pondicherry 605 010, Puducherry, India – 605010.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.56 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹10.12 Lakh (net margin 0.1%) and EBITDA of ₹13.76 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹9.97 Cr and satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address88 Mariamma Koil St.Reddiarpalyam Pondicherry 605 010, Puducherry, India – 605010
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
- 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
- One PDF report, delivered after checkout
Business Activity of Earnest Polymers Pvt Ltd.
The main business activity of Earnest 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 Earnest Polymers Pvt Ltd. FY 2025 filings available
Earnest Polymers Pvt Ltd. reported revenue of ₹76.56 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Earnest Polymers Pvt Ltd.
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 23% growth in the latest year. EBITDA rose 29% 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 Earnest Polymers Pvt Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹13.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.12 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 Earnest Polymers Pvt Ltd.
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Earnest 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.
Board of Directors of Earnest Polymers Pvt Ltd.
Earnest Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peter Leo John Also directs: St.Marys Agro Farms Private Limited | Director | 30 Mar 2018 | 8 Years 6 Months | Current |
| Savarimuthu John Peter Also directs: St.Marys Agro Farms Private Limited | Managing Director | 22 Jan 1992 | 34 Years 8 Months | Current |
Peer Comparison of Earnest Polymers Pvt Ltd.
Earnest Polymers Pvt Ltd. is compared with the companies closest to it by revenue in the Oil and Gas industry (Distribution and Transmission, 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 |
|---|---|---|---|---|---|---|
| Axel Polymers Limited Listed | ₹78.22 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Vadodara, Gujarat, India |
| Sarda Bio Polymers Private Limited | ₹78.13 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Ajl Polymers Private Limited | ₹77.89 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Sanimo Polymers Pvt Ltd | ₹77.24 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| 3R Polymers Private Limited | ₹76.59 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
| Earnest Polymers Pvt Ltd. this company | ₹76.56 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Puducherry, India |
| Kalyani Polymers Private Limited | ₹76.43 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Bengaluru, Karnataka, India |
| M .H. Polymers Private Limited | ₹76.41 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Adorn Speciality Polymers Private Limited | ₹76.02 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Atlantic Polymers Unit-Ii Private Limited | ₹75.37 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Vasu Polymers (India) Private Limited | ₹75.29 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Earnest Polymers by revenue in the Oil and Gas industry (Distribution and Transmission, 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 Earnest Polymers Pvt Ltd.
Earnest Polymers Pvt Ltd. is audited by SANGARANARAYANANE AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANGARANARAYANANE AND 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.
Ownership and Shareholding of Earnest Polymers Pvt Ltd.
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 Earnest Polymers Pvt Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2007 | Tamilnad Mercantile Bank Limited | ₹9.72 Cr | Open |
| 24 Oct 2000 | Tamilnad Mercantile Bank Limited | ₹25 Lakh | Open |
| 24 Oct 2000 | Tamilnad Mercantile Bank Limited | ₹25 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Earnest Polymers Pvt Ltd.
Employment history and EPFO contributions of people linked to Earnest 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.
Recent Activity on Earnest Polymers Pvt Ltd.
Earnest Polymers Pvt Ltd. has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Peter Leo John ceased to be Director on 28 Sep 2018.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Earnest Polymers Pvt Ltd.
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 Earnest Polymers Pvt Ltd.
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 Earnest Polymers Pvt Ltd.
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 Earnest Polymers Pvt Ltd.
Earnest Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAACE0751B1ZF | Puducherry | 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 Earnest Polymers Pvt Ltd.
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 Earnest Polymers Pvt Ltd.
Earnest Polymers is an active private limited company based in Puducherry, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 22 January 1992 (34+ years old) and is registered under CIN U25202PY1992PTC000790.
Earnest Polymers reported revenue of ₹76.56 Cr for FY 2024 (up 23% YoY).
Earnest Polymers has 2 current directors:
- Savarimuthu John Peter - Managing Director
- Peter Leo John - Director
Earnest Polymers reported a net profit of ₹10.12 Lakh (net margin 0.1%) and EBITDA of ₹13.76 Lakh (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Earnest Polymers is 9% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Earnest Polymers is 34AAACE0751B1ZF, registered in Puducherry. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Earnest Polymers is U25202PY1992PTC000790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Earnest Polymers was incorporated on 22 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Pondicherry.
The peers of Earnest Polymers by revenue are Axel Polymers Limited, Sarda Bio Polymers Private Limited, Ajl Polymers Private Limited, Sanimo Polymers Pvt Ltd, 3R Polymers Private Limited and 5 more, all in the Oil and Gas industry (Distribution and Transmission, Polymers).
Peter Leo John ceased to be Director on 28 Sep 2018. Theresa John ceased to be Director on 03 Apr 2018. Peter Leo John was appointed as Director on 30 Mar 2018. Earnest Polymers has 4 board changes on record in total.
The registered office of Earnest Polymers is at 88 Mariamma Koil St.Reddiarpalyam Pondicherry 605 010, Puducherry, India – 605010.