MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0032334
Formulated Polymers Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.5 Cr
▼ 1% YoY
Net profit · FY 2025
₹2.8 Cr
Net margin 26.7%
EBITDA · FY 2025
₹4.67 Cr
EBITDA margin 44.5%
Authorised capital
₹56.2 Cr
Registered with MCA
Paid-up capital
₹55.44 Cr
Issued & subscribed
Open charges
₹40.35 Cr
Satisfied ₹120.42 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
3
Provident fund records
About Formulated Polymers Private Limited
Data last updated:
Formulated Polymers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 15 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52599TN1991PTC021129. Its GSTIN is 33AAACF1350R1ZM (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹56.2 Cr and a paid-up capital of ₹55.44 Cr. It is led by directors including Suganthi Sekar (Whole-Time Director) and Venkateswaran Sekar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.5 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 26.7%) and EBITDA of ₹4.67 Cr (EBITDA margin 44.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 37% over five years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹40.35 Cr and satisfied charges of ₹120.42 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2.85 Cr; the latest was in July 2023. Its 3 peer companies in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Strawberry Polymers Private Limited with revenue of ₹10.7 Cr.
Formulated Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0032334). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formulatedpolymers.com.
Company details
CIN U52599TN1991PTC021129
Registration Number 021129
Incorporation Date 15 July 1991
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0032334
CIN history
Formulated Polymers has one previous CIN (Corporate Identification Number): U52599TN1991PLC021129. The current CIN is U52599TN1991PTC021129, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52599TN1991PTC021129 | Current |
| U52599TN1991PLC021129 | Previous |
Key People
Suganthi Sekar Whole-Time Director Venkateswaran Sekar Whole-Time Director Padma Mohan Whole-Time Director Recognitions & Rankings of Formulated Polymers
Contact details
Formulated Polymers Private Limited's registered office is in Chennai, Tamil Nadu. Its website is formulatedpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo – 57 – 60 SIDCO Industrial Estate Thirumazhisai, Thiruvallur, Chennai, Tamil Nadu, India – 600124
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Formulated Polymers Private Limited, buy the company report.
Comprehensive company report
Formulated Polymers 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 Formulated Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
Financials of Formulated Polymers Private Limited
FY 2024 filings availableFormulated Polymers Private Limited reported revenue of ₹10.5 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹10.5 Cr ▼ 1%
Net profit · FY 2025
₹2.8 Cr margin 26.7%
EBITDA · FY 2025
₹4.67 Cr margin 44.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 62%
5 years · compounded
▼ 37%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 43%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 1% fall in the latest year. EBITDA rose 8% 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 | ₹4.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.8 Cr | ||||
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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 | 44.5% | ||||
| Net Profit Margin | 26.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Formulated Polymers Private Limited, buy the company report.
Board of directors of Formulated Polymers Private Limited
Formulated Polymers has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suganthi Sekar Also directs: Formulated Petrochem Private Limited | Whole-Time Director | 02 Jun 2000 | 26 Years 4 Months | Current |
| Venkateswaran Sekar Also directs: Formulated Petrochem Private Limited, Aqua Marine Private Limited, FPL Automobiles Private Limited and 2 more | Whole-Time Director | 15 Jul 1991 | 35 Years 3 Months | Current |
| Padma Mohan | Whole-Time Director | 02 Jun 2000 | 26 Years 4 Months | Current |
| Narayanasamy Mohan Also directs: Formulated Petrochem Private Limited, Aqua Marine Private Limited, FPL Automobiles Private Limited and 2 more | Whole-Time Director | 15 Jul 1991 | 35 Years 3 Months | Current |
Peer comparison
Formulated Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 |
|---|---|---|---|---|---|---|
| Strawberry Polymers Private Limited | ₹10.7 Cr (FY 2019) | -26.0% | Idar, Gujarat, India | |||
| Formulated Polymers Private Limitedthis company | ₹10.5 Cr (FY 2025) | ₹2.8 Cr | 26.7% | -1.0% | 3 | Chennai, Tamil Nadu, India |
| Krupa Polymers (India) Private Limited | ₹10.43 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India | |||
| Sintron Polymers Private Limited | ₹10.38 Cr (FY 2025) | 14.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Formulated Polymers Private Limited, buy the company report.
Auditor
Formulated Polymers Private Limited is audited by Suresh and Balaji for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh and Balaji | FY 2022 | 04998S |
Shareholding
The shareholding of Formulated Polymers Private 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 Formulated Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.35 Cr
Satisfied charges
₹120.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101178737 | Hdfc Bank Limited | ₹93.07 Lakh | Open | |
| 31 Jul 2025 | 101189189 | Hdfc Bank Limited | ₹58.57 Lakh | Open | |
| 31 Jan 2025 | 101055784 | Hdfc Bank Limited | ₹1.27 Cr | Open | |
| 03 Jun 2024 | 100938124 | Axis Bank Limited | ₹36.35 Cr | Open | |
| 26 Feb 2024 | 100910867 | Axis Bank Limited | ₹22.82 Lakh | Open |
To see the full charge records of Formulated Polymers Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Formulated Polymers Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2.85 Cr; the latest was in July 2023.
Total deals
10
Secondary share transfers
6
Funding rounds
4
Disclosed funding
₹2.85 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Seller: FPL One Family Trust |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Fpl One Family Trust & M Padma, Fpl One Family Trust & S Suganthi, Fpl One Family Trust & V Sekar Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Formulated Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Formulated Polymers Private Limited has 2 court cases on record: 2 filed by Formulated Polymers. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
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, East Singhbhum at Jamshedpur, Jharkhand | Court case (Comp.Case (c1)) | Filed by the company against Ms.Indo Australian Hose Manufacturing Pvt Ltd and Others | Disposed |
To see the full case history of Formulated Polymers Private 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 Formulated Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Formulated Polymers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Aqua Marine Private Limited | U05004TN1976PTC150605 |
To see the full group structure of Formulated Polymers Private Limited, buy the company report.
Employees & EPFO
Formulated Polymers Private Limited has a workforce of 3 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-76.92%
GST
Formulated Polymers has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF1350R1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 06AAACF1350R1ZJ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Formulated Polymers Private Limited, buy the company report.
Recent activity
Formulated Polymers Private Limited has 10 board changes on record since 1991: 4 appointments and 6 cessations. The latest: Mariappanadar Soundarapandian ceased to be Additional Director on 10 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.93 Cr with Charge ID 101178737 was registered on 30 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.59 Cr with Charge ID 101189189 was registered on 31 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.27 Cr with Charge ID 101055784 was registered on 31 Jan 2025.
AGM
Formulated Polymers Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 36.35 Cr with Charge ID 100938124 was registered on 03 Jun 2024.
Filing
Formulated Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100910867 was registered on 26 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.98 Cr with Charge ID 100910865 was registered on 17 Feb 2024.
Ceased
Mariappanadar Soundarapandian ceased to be Additional Director.
Ceased
Natesan Arumugam Srinivasan ceased to be Additional Director.
Charges
A charge registered on 09 Jan 2020 via Charge ID 100319232 with Axis Bank Limited was fully satisfied on 02 Nov 2022.
Charges
A charge with Axis Bank Limited of Rs. 60.00 Cr registered on 09 Jan 2020 with Charge ID 100319232 was modified on 31 Dec 2021.
59 earlier events are in the company report.
Frequently asked questions
Formulated Polymers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 15 July 1991 (35+ years old) and is registered under CIN U52599TN1991PTC021129.
Formulated Polymers has 4 current directors:
- Suganthi Sekar - Whole-Time Director
- Venkateswaran Sekar - Whole-Time Director
- Padma Mohan - Whole-Time Director
- Narayanasamy Mohan - Whole-Time Director
The latest financial statements of Formulated Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Formulated Polymers is 33AAACF1350R1ZM, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACF1350R1ZJ (Haryana).
The CIN (Corporate Identification Number) of Formulated Polymers is U52599TN1991PTC021129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formulated Polymers has 2 court cases on record: 2 filed by the company.
Formulated Polymers was incorporated on 15 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
Formulated Polymers has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2.85 Cr; the latest was in July 2023.
The peers of Formulated Polymers by revenue are Strawberry Polymers Private Limited, Krupa Polymers (India) Private Limited, Sintron Polymers Private Limited, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mariappanadar Soundarapandian ceased to be Additional Director on 10 Sep 2023. Natesan Arumugam Srinivasan ceased to be Additional Director on 10 Sep 2023. Narayanasamy Mohan ceased to be Director on 01 Feb 2008. Formulated Polymers has 10 board changes on record in total.
Yes, Formulated Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0032334).