Flexible Polymers Limited
About Flexible Polymers Limited
Data last updated:
Flexible Polymers Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 19 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1988PLC009109. Its GSTIN is 29AAACM9584G2ZY (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.01 Lakh. It is led by directors including Faiz Mohammed and Changaai Ibrahim Mangalote.
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 No.81 Benson Cross Road Benson Town, Bengaluru, Karnataka, India – 560046.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.37 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹73.27 Lakh (net margin 30.9%) and EBITDA of ₹1.34 Cr (EBITDA margin 56.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹1.69 Cr and satisfied charges of ₹4.65 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Flexible Polymers has one previous CIN (Corporate Identification Number): U24134KA1988PLC009109. The current CIN is U85110KA1988PLC009109, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1988PLC009109 | Current |
| U24134KA1988PLC009109 | Previous |
Contact details
Flexible Polymers Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.81 Benson Cross Road Benson Town, Bengaluru, Karnataka, India – 560046
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Flexible Polymers Limited, buy the company report.
- 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
Business activity
The main business activities of Flexible Polymers are manufacturing and real estate. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| 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 | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Flexible Polymers Limited, buy the company report.
Financials of Flexible Polymers Limited
FY 2025 filings availableFlexible Polymers Limited reported revenue of ₹2.37 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.34 Cr | ||||
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| Net Profit (PAT) | ₹73.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.5% | ||||
| Net Profit Margin | 30.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Flexible Polymers Limited, buy the company report.
Board of directors of Flexible Polymers Limited
Flexible Polymers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Faiz Mohammed Also directs: Verdad Media Limited, Chemyzolab Private Limited, Atm Constructions Private Limited and 2 more | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Changaai Ibrahim Mangalote | Director | 21 Oct 2016 | 10 Years 0 Months | Current |
| Pudia Purohill Puttampura Shaheela Also directs: Verdad Media Limited, Redcherry Hospitality Private Limited | Director | 02 Nov 2004 | 21 Years 11 Months | Current |
Peer comparison
Flexible Polymers Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Plastic Based Products, Polymers, Real Estate Leasing), 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 |
|---|---|---|---|---|---|---|
| Jips Plasto Industries Private Limited | ₹2.38 Cr (FY 2022) | -7.0% | Satara, Maharashtra, India | |||
| Prithivi Machines India Private Limited | ₹2.37 Cr (FY 2025) | 7.0% | Thane, Maharashtra, India | |||
| Flexible Polymers Limitedthis company | ₹2.37 Cr (FY 2025) | ₹73.27 Lakh | 30.9% | -5.0% | Bengaluru, Karnataka, India | |
| Innovus Rollers Private Limited | ₹2.37 Cr (FY 2024) | 126.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Flexible Polymers Limited, buy the company report.
Auditor
Flexible Polymers Limited is audited by NCMK AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NCMK AND ASSOCIATES | FY 2023 | 012516S |
Shareholding
The shareholding of Flexible Polymers Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flexible Polymers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2022 | 100668138 | Others | ₹17.36 Lakh | Open | |
| 28 Jul 2022 | 100610229 | Others | ₹1.27 Cr | Open | |
| 07 Jan 2022 | 100549455 | Hdfc Bank Limited | ₹24.54 Lakh | Open | |
| 16 Dec 2004 | 90196492 | The Karnataka Bank Ltd | ₹3.65 Cr | Satisfied | |
| 16 Dec 2004 | 90199781 | The Karnataka Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of Flexible Polymers Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Flexible Polymers Limited has 2 court cases on record: 2 filed by Flexible Polymers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Ms Subhiksha Trading Services Limited and 1 other | Disposed |
To see the full case history of Flexible 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
No delayed payments to MSME suppliers are on our record for Flexible Polymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flexible Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACM9584G2ZY | Karnataka | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Flexible Polymers Limited, buy the company report.
Recent activity
Flexible Polymers Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Maimuna Iram ceased to be Director on 28 Nov 2016.
5 earlier events are in the company report.
Frequently asked questions
Flexible Polymers is an active public limited company based in Bengaluru, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 19 May 1988 (38+ years old) and is registered under CIN U85110KA1988PLC009109.
Flexible Polymers has 3 current directors:
- Faiz Mohammed - Director
- Changaai Ibrahim Mangalote - Director
- Pudia Purohill Puttampura Shaheela - Director
The latest financial statements of Flexible Polymers 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 Flexible Polymers is 29AAACM9584G2ZY, registered in Karnataka. 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 Flexible Polymers is U85110KA1988PLC009109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexible Polymers has 2 court cases on record: 2 filed by the company.
Flexible Polymers was incorporated on 19 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Flexible Polymers by revenue are Jips Plasto Industries Private Limited, Prithivi Machines India Private Limited, Innovus Rollers Private Limited, all in the BFSI industry (Plastic Based Products, Polymers, Real Estate Leasing), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Maimuna Iram ceased to be Director on 28 Nov 2016. Shabeena Sultana ceased to be Director on 28 Nov 2016. Changaai Ibrahim Mangalote was appointed as Director on 21 Oct 2016. Flexible Polymers has 7 board changes on record in total.
The registered office of Flexible Polymers is at No.81 Benson Cross Road Benson Town, Bengaluru, Karnataka, India – 560046.
Flexible Polymers operates in the financial services industry, in the real estate financing segment.