MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0048742
Friends Polytech Private Limited
Friends Polytech Private Limited - packaging in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹11.96 Cr
▲ 15% YoY
Net profit · FY 2022
₹4.74 Lakh
Net margin 0.4%
EBITDA · FY 2022
₹65.6 Lakh
EBITDA margin 5.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹2.28 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Friends Polytech Private Limited
Data last updated:
Friends Polytech Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 19 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2010PTC062690. Its GSTIN is 24AABCF6105H1Z2 (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹51 Lakh. It was formerly known as Friends Sanitech Private Limited. It is led by directors including Arunkumar Narandas Bhalodia and Ketankumar Haribhai Saparia.
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 Plot No. G – 1380 Behind Kishan Auto Parts Kishan Gate Metoda GIDC Kalawad Road, Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.96 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.74 Lakh (net margin 0.4%) and EBITDA of ₹65.6 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹2.28 Cr on record.
Friends Polytech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0048742). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17200GJ2010PTC062690
Registration Number 062690
Incorporation Date 19 October 2010
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 Small
Udyam Registration UDYAM-GJ-20-0048742
CIN history
Friends Polytech has one previous CIN (Corporate Identification Number): U26914GJ2010PTC062690. The current CIN is U17200GJ2010PTC062690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17200GJ2010PTC062690 | Current |
| U26914GJ2010PTC062690 | Previous |
Key People
Arunkumar Narandas Bhalodia Director Ketankumar Haribhai Saparia Director Piyushkumar Kantilal Kansagara Director Recognitions & Rankings of Friends Polytech
Contact details
Friends Polytech Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. G – 1380 Behind Kishan Auto Parts Kishan Gate Metoda GIDC Kalawad Road, Rajkot, Gujarat, India – 360021
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Friends Polytech Private Limited, buy the company report.
Comprehensive company report
Friends Polytech 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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Financials of Friends Polytech Private Limited
FY 2025 filings availableFriends Polytech Private Limited reported revenue of ₹11.96 Cr (up 15% YoY) for FY 2022.
Revenue · FY 2022
₹11.96 Cr ▲ 15%
Net profit · FY 2022
₹4.74 Lakh margin 0.4%
EBITDA · FY 2022
₹65.6 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 37%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 43%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 15% growth in the latest year. EBITDA rose 81% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.96 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹65.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.74 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Friends Polytech Private Limited, buy the company report.
Board of directors of Friends Polytech Private Limited
Friends Polytech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunkumar Narandas Bhalodia | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Ketankumar Haribhai Saparia | Director | 08 Feb 2011 | 15 Years 8 Months | Current |
| Piyushkumar Kantilal Kansagara | Director | 19 Oct 2010 | 16 Years 0 Months | Current |
Shareholding
The shareholding of Friends Polytech Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Friends Polytech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2011 | 10305313 | Others | ₹2.28 Cr | Open |
To see the full charge records of Friends Polytech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Friends Polytech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Friends Polytech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Friends Polytech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF6105H1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Friends Polytech Private Limited, buy the company report.
Recent activity
Friends Polytech Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Harsukh Bavanaji Vachani ceased to be Director on 10 Mar 2022.
AGM
Friends Polytech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Friends Polytech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 228.24 Lakh registered on 30 Aug 2011 with Charge ID 10305313 was modified on 25 Mar 2022.
Ceased
Harsukh Bavanaji Vachani ceased to be Director.
Ceased
Hiteshkumar Karshanbhai Faldu ceased to be Director.
Ceased
Kevinbhai Rameshbhai Hingrajiya ceased to be Director.
Appointed
Arunkumar Narandas Bhalodia was appointed as Director.
Charges
A charge with Others amounted to Rs. 228.24 Lakh with Charge ID 10305313 was registered on 30 Aug 2011.
Appointed
Ketankumar Haribhai Saparia was appointed as Director.
Appointed
Piyushkumar Kantilal Kansagara was appointed as Director.
Incorporation
19 Oct 2010
Friends Polytech Private Limited was registered on 19 Oct 2010 with Roc Ahmedabad & aged 16 years 12 days as per MCA records.
Frequently asked questions
Friends Polytech is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 19 October 2010 (16+ years old) and is registered under CIN U17200GJ2010PTC062690.
Friends Polytech has 3 current directors:
- Arunkumar Narandas Bhalodia - Director
- Ketankumar Haribhai Saparia - Director
- Piyushkumar Kantilal Kansagara - Director
The latest financial statements of Friends Polytech 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 Friends Polytech is 24AABCF6105H1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Friends Polytech is U17200GJ2010PTC062690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Polytech was incorporated on 19 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harsukh Bavanaji Vachani ceased to be Director on 10 Mar 2022. Hiteshkumar Karshanbhai Faldu ceased to be Director on 10 Mar 2022. Kevinbhai Rameshbhai Hingrajiya ceased to be Director on 10 Mar 2022. Friends Polytech has 6 board changes on record in total.
Yes, Friends Polytech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0048742).
The registered office of Friends Polytech is at Plot No. G – 1380 Behind Kishan Auto Parts Kishan Gate Metoda GIDC Kalawad Road, Rajkot, Gujarat, India – 360021.
Friends Polytech operates in the packaging industry, in the industrial packaging solutions segment.
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