Furnova Polymers Ltd

Furnova Polymers Ltd - machinery and equipment in Raigad, Maharashtra, India. FY 2026 financials & compliance.
CIN U99999MH1993PLC070717 Incorporated 09 February 1993 ROC Mumbai HQ Raigad, Maharashtra, India
Active Public Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹7.93 Cr
▼ 13% YoY
Net profit · FY 2025
₹3.6 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹18.56 Lakh
EBITDA margin 2.3%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹60.53 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹7.16 Cr
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings

About Furnova Polymers Ltd

Data last updated:

Furnova Polymers Ltd is a public limited company based in Raigad, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 February 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1993PLC070717. Its GSTIN is 27AAACF4497K1Z7 (Maharashtra).

The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹60.53 Lakh. It is led by directors including Bhavesh Jayantilal Shah (Managing Director) and Kuniamonkari Pichkanno Sherif (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10 Aditya Indl Estate Village Kumbhivali Taluka Khalpur, Raigad, Maharashtra, India – 400710.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.93 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Lakh (net margin 0.5%) and EBITDA of ₹18.56 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹7.16 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Furnova Polymers Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0046194). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website furnova.com.

Company Details of Furnova Polymers Ltd
CIN U99999MH1993PLC070717
Registration Number 070717
Incorporation Date 09 February 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0046194
Key People
Bhavesh Jayantilal Shah Managing Director Kuniamonkari Pichkanno Sherif Whole-Time Director Nayan Hasmukhray Kamdar Director

Recognitions & Rankings of Furnova Polymers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0046194
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    furnova.com
  • Social Media
    Locked
  • Registered Address
    10 Aditya Indl Estate Village Kumbhivali Taluka Khalpur, Raigad, Maharashtra, India – 400710
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Furnova Polymers Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Furnova Polymers Ltd

The main business activity of Furnova Polymers is manufacturing. In detail, this covers manufacture of rubber and plastics products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturing22Manufacture of rubber and plastics productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Furnova Polymers Ltd FY 2025 filings available

Furnova Polymers Ltd reported revenue of ₹7.93 Cr (down 13% YoY) for FY 2025.

Revenue · FY 2025
₹7.93 Cr ▼ 13%
Net profit · FY 2025
₹3.6 Lakh margin 0.5%
EBITDA · FY 2025
₹18.56 Lakh margin 2.3%

Compounded Annual Growth Rate (CAGR) of Furnova Polymers Ltd

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 1%
5 years · compounded
▼ 1%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 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 of Furnova Polymers Ltd

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹18.56 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹3.6 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 Furnova Polymers Ltd

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.3%••••••••••••••••
Net Profit Margin0.5%••••••••••••••••
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 Furnova Polymers are in the company report.

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Financial statements from 2015

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Board of Directors of Furnova Polymers Ltd

Furnova Polymers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kuniamonkari Pichkanno SherifWhole-Time Director09 Feb 199333 Years 8 MonthsCurrent
Nayan Hasmukhray KamdarDirector15 Jan 199828 Years 9 MonthsCurrent
Bhavesh Jayantilal ShahManaging Director09 Feb 199333 Years 8 MonthsCurrent
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Peer Comparison of Furnova Polymers Ltd

Furnova Polymers Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Polymers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ab Sea Container Private Limited₹7.98 Cr (FY 2025)••••••••11.0%••••New Delhi, Delhi, India
Tenjinak Private Limited₹7.96 Cr (FY 2025)••••••••4.0%••••Nelamangala, Karnataka, India
Jptech Tools Private Limited₹7.96 Cr (FY 2025)••••••••85.0%••••Pune, Maharashtra, India
Matangi Polymers and Products Private Limited₹7.95 Cr (FY 2025)••••••••4.0%••••Delhi, India
Oxair Gas Systems India Private Limited₹7.95 Cr (FY 2023)••••••••-83.0%••••Chennai, Tamil Nadu, India
Furnova Polymers Ltd this company₹7.93 Cr (FY 2025)••••••••-13.0%••••Raigad, Maharashtra, India
Anya Enterprises Exim Private Limited₹7.93 Cr (FY 2024)••••••••-6.0%••••New Delhi, Delhi, India
Acuapuro Water Equipment India Private Limited₹7.92 Cr (FY 2025)••••••••36.0%••••Vastral Road, Amraiwadi, Gujarat, India
Eqg Glassmach Private Limited₹7.92 Cr (FY 2025)••••••••-24.0%••••Vadodara, Gujarat, India
Tatanagar Utility Services Private Limited₹7.92 Cr (FY 2025)••••••••9.0%••••Jamshedpur, Jharkhand, India
Asadhya Polymers Private Limited₹7.92 Cr (FY 2025)••••••••••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Furnova Polymers by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, 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 Furnova Polymers Ltd

Furnova Polymers Ltd is audited by R. SHAH & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
R. SHAH & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Furnova Polymers Ltd

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Charges & Borrowings of Furnova Polymers Ltd

Open charges
₹1 Cr
Satisfied charges
₹7.16 Cr
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateLenderAmountStatus
22 Aug 2025Others₹1 CrOpen
28 Oct 2022Others₹1.5 CrSatisfied
19 Apr 2011Development Credit Bank Limited₹65 LakhSatisfied
13 Apr 2011The Saraswat Co-Operative Bank Limited₹20 LakhSatisfied
11 Sep 2006Others₹1.9 CrSatisfied

Total charge records: 11 View all charges

MSME Payment Delays by Furnova Polymers Ltd

Furnova Polymers Ltd has 8 MSME Form 1 returns on record between 2015 and 2023, listing 106 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 12)

SupplierAmount dueDue sinceReported on
Ricasil Industries - CR••••••••••••
Bombay Barrel Co.••••••••••••
an individual supplier••••••••••••
Bombay Silicate Works••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Furnova Polymers Ltd

Employment history and EPFO contributions of people linked to Furnova Polymers.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Furnova Polymers Ltd

Furnova Polymers Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Bhavesh Jayantilal Shah ceased to be Whole-Time Director on 01 Apr 2009.

AGM
Furnova Polymers Ltd last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101149540 was registered on 22 Aug 2025.
Filing
Furnova Polymers Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 28 Oct 2022 via Charge ID 100628073 with Others was fully satisfied on 16 Jan 2025.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100628073 was registered on 28 Oct 2022.
Charges
A charge registered on 13 Apr 2011 via Charge ID 10282984 with The Saraswat Co-Operative Bank Limited was fully satisfied on 12 Oct 2022.
Charges
A charge registered on 11 Sep 2006 via Charge ID 10022023 with Others was fully satisfied on 12 Oct 2022.
Charges
A charge registered on 07 Sep 2006 via Charge ID 10022146 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 12 Oct 2022.
Charges
A charge registered on 07 Sep 2006 via Charge ID 10022147 with Others was fully satisfied on 12 Oct 2022.
Charges
A charge with Others of Rs. 1.90 Cr registered on 11 Sep 2006 with Charge ID 10022023 was modified on 25 Apr 2018.
Charges
A charge registered on 01 Sep 1999 via Charge ID 90150699 with Dena Bank was fully satisfied on 17 Apr 2018.
Charges
A charge registered on 01 Sep 1998 via Charge ID 90150592 with Dena Bank was fully satisfied on 17 Apr 2018.

23 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Furnova Polymers Ltd

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Subsidiaries & Group Companies of Furnova Polymers Ltd

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Corporate group structure

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GST Compliance of Furnova Polymers Ltd

Furnova Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACF4497K1Z7MaharashtraActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Furnova Polymers Ltd

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MCA filings and documents

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Frequently Asked Questions about Furnova Polymers Ltd

Furnova Polymers is an active public limited company based in Raigad, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 February 1993 (33+ years old) and is registered under CIN U99999MH1993PLC070717.

Furnova Polymers reported revenue of ₹7.93 Cr for FY 2025 (down 13% YoY).

Furnova Polymers has 3 current directors:

Furnova Polymers reported a net profit of ₹3.6 Lakh (net margin 0.5%) and EBITDA of ₹18.56 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Furnova Polymers is 7% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Furnova Polymers is 27AAACF4497K1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of Furnova Polymers is U99999MH1993PLC070717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Furnova Polymers has 1 court case on record: 1 filed by the company.

Furnova Polymers was incorporated on 09 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Furnova Polymers by revenue are Ab Sea Container Private Limited, Tenjinak Private Limited, Jptech Tools Private Limited, Matangi Polymers and Products Private Limited, Oxair Gas Systems India Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Polymers).

Bhavesh Jayantilal Shah ceased to be Whole-Time Director on 01 Apr 2009. Kuniamonkari Pichkanno Sherif ceased to be Managing Director on 01 Apr 2009. Nayan Hasmukhray Kamdar was appointed as Director on 15 Jan 1998. Furnova Polymers has 5 board changes on record in total.

Yes, Furnova Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0046194).

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