About Expanded Polymer Systems Private Limited
Data last updated:
Expanded Polymer Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 02 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24134MH2007PTC175657. Its GSTIN is 06AABCE8627R1Z1 (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Mukesh Shantilal Bhuta (Managing Director) and Medha Mukesh Bhuta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 44/1&2 C – 45/3 Ttc Area Pawne M.I.D.C Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹722.55 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.01 Cr (net margin 0.8%) and EBITDA of ₹29.56 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
The company is associated with 1 brand: Expanded Polymer Systems. As per MCA filings, the company has open charges of ₹282.48 Cr and satisfied charges of ₹41.22 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website expanded.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC – 44/1&2 C – 45/3 Ttc Area Pawne M.I.D.C Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryManufacturing, Plastic & Resins
- 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
Associated Brands with Expanded Polymer Systems Private Limited
Expanded Polymer Systems operates one associated brand: Expanded Polymer Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of polyurethane raw materials and systems for various applications. | expanded.co.in |
Business Activity of Expanded Polymer Systems Private Limited
The main business activity of Expanded Polymer Systems is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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.
Auditor Details of Expanded Polymer Systems Private Limited
Expanded Polymer Systems Private Limited is audited by C. M. GABHAWALA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C. M. GABHAWALA & 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 and KMP of Expanded Polymer Systems Private Limited
Expanded Polymer Systems Private Limited currently reports 6 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Shantilal Bhuta Also directs: Cannon Indikos Machineries LLP | Managing Director | 02 Nov 2007 | 18 Years 11 Months | Current |
| Chandulal Kalidas Shah | Director | 28 Nov 2007 | 18 Years 10 Months | Current |
| Medha Mukesh Bhuta Also directs: Cannon Indikos Machineries LLP, Dirtcube Interactive LLP | Whole-Time Director | 24 Mar 2015 | 11 Years 6 Months | Current |
| Rajen Mahesh Mehta | Whole-Time Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Mikhail Mukesh Bhuta Also directs: Dirtcube Interactive LLP | Whole-Time Director | 24 Mar 2015 | 11 Years 6 Months | Current |
| Sandeep Sudhakar Deshpande | Whole-Time Director | 15 Jul 2024 | 2 Years 2 Months | Current |
Financials of Expanded Polymer Systems Private Limited FY 2025 filings available
Expanded Polymer Systems Private Limited reported revenue of ₹722.55 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Expanded Polymer Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 7% growth in the latest year. EBITDA fell 11% 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 Expanded Polymer Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹29.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.01 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Expanded Polymer Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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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 Expanded Polymer Systems 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.
Ownership and Shareholding of Expanded Polymer Systems 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 Expanded Polymer Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2025 | Others | ₹40 Cr | Open |
| 02 Feb 2024 | Bank of India | ₹13.32 Cr | Open |
| 02 Nov 2023 | Hdfc Bank Limited | ₹12 Cr | Open |
| 23 Nov 2021 | Others | ₹4.77 Cr | Open |
| 16 Oct 2021 | Hdfc Bank Limited | ₹49.5 Lakh | Open |
Total charge records: 36 View all charges
Employees and EPFO Compliance at Expanded Polymer Systems Private Limited
Employment history and EPFO contributions of people linked to Expanded Polymer Systems.
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.
GST Compliance of Expanded Polymer Systems Private Limited
Expanded Polymer Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCE8627R1Z1 | Haryana | 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.
Credit Ratings, Litigation & Regulatory Alerts for Expanded Polymer Systems 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 Expanded Polymer Systems 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 Expanded Polymer Systems 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.
MCA Filings & Documents of Expanded Polymer Systems 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.
Recent Activity on Expanded Polymer Systems Private Limited
Frequently Asked Questions about Expanded Polymer Systems Private Limited
Expanded Polymer Systems is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 02 November 2007 (19+ years old) and is registered under CIN U24134MH2007PTC175657.
Expanded Polymer Systems reported revenue of ₹722.55 Cr for FY 2025 (up 7% YoY).
Expanded Polymer Systems has 7 current directors and KMP:
- Mukesh Shantilal Bhuta - Managing Director
- Medha Mukesh Bhuta - Whole-Time Director
- Rajen Mahesh Mehta - Whole-Time Director
- Mikhail Mukesh Bhuta - Whole-Time Director
- Sandeep Sudhakar Deshpande - Whole-Time Director
- Chandulal Kalidas Shah - Director
- Nejal Monish Gangar - Company Secretary
Expanded Polymer Systems reported a net profit of ₹6.01 Cr (net margin 0.8%) and EBITDA of ₹29.56 Cr (EBITDA margin 4.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Expanded Polymer Systems is 6% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Expanded Polymer Systems is 06AABCE8627R1Z1, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Expanded Polymer Systems is U24134MH2007PTC175657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Expanded Polymer Systems was incorporated on 02 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Expanded Polymer Systems can be reached through the website expanded.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.