About Ganesh Polychem Limited
Data last updated:
Ganesh Polychem Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 07 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2001PLC133900. Its GSTIN is 27AABCG6160B1Z0 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.2 Cr. It was formerly known as Ganesh Polychem Private Limited. It is led by directors including Hemant Ratnakar Bandodkar (Whole-Time Director) and Sandip Shriram Tare (Whole-Time Director).
Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Udyog Kshetra 2nd Floor Mulund Goregaon Link Road L B S Marg Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2023, the company reported a revenue of ₹394.72 Cr. For the same year it recorded a net profit of ₹37.95 Cr (net margin 9.6%) and EBITDA of ₹61.84 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 15% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ganesh Polychem. As per MCA filings, the company has open charges of ₹50.6 Cr and satisfied charges of ₹69.26 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 2 cases are pending. The company has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹45 Lakh; the latest was in September 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ganeshpolychem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUdyog Kshetra 2nd Floor Mulund Goregaon Link Road L B S Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Industrial Chemicals
- 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
Business Activity of Ganesh Polychem Limited
The main business activity of Ganesh Polychem 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.
Financials of Ganesh Polychem Limited FY 2025 filings available
Ganesh Polychem Limited reported revenue of ₹394.72 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ganesh Polychem Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years. 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 Ganesh Polychem Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹394.72 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹61.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.95 Cr | •••• | •••• | •••• | •••• |
| 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 Ganesh Polychem Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.6% | •••• | •••• | •••• | •••• |
| 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 Ganesh Polychem 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.
Auditor Details of Ganesh Polychem Limited
Ganesh Polychem Limited is audited by Vora Sanghvi & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vora Sanghvi & Associates | 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 of Ganesh Polychem Limited
Ganesh Polychem has 7 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Ratnakar Bandodkar | Whole-Time Director | 13 Sep 2005 | 21 Years 0 Months | Current |
| Jeenal Kenil Savla Also directs: Aarti Pharmalabs Limited, Jika Epc Services Limited | Director | 08 Aug 2022 | 4 Years 1 Months | Current |
| Harishkumar Ramlal Chandna Also directs: Sanventure Tech Solutions LLP | Director | 15 Dec 2020 | 5 Years 9 Months | Current |
| Sandip Shriram Tare | Whole-Time Director | 17 Mar 2020 | 6 Years 6 Months | Current |
| Rahul Jitendra Mehta | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Radheshyam Soni | Whole-Time Director | 10 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Ganesh Polychem 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 Ganesh Polychem Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2021 | Sbicap Trustee Company Limited | ₹50.6 Cr | Open |
| 17 Nov 2021 | Hdfc Bank Limited | ₹20.7 Lakh | Satisfied |
| 31 Jul 2019 | Standard Chartered Bank | ₹23.45 Cr | Satisfied |
| 12 Dec 2002 | State Bank of India | ₹45.6 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Ganesh Polychem Limited
Ganesh Polychem Limited has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹45 Lakh; the latest was in September 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Aarti Pharmalabs Limited & Rashesh C Gogri, Aarti Pharmalabs Limited & Manisha R Gogri, Aarti Pharmalabs Limited & Hetal Gala Seller: Aarti Industries Limited & Rashesh C Gogr, Aarti Industries Ltd , Aarti Industries Limited & Manisha R Gogri |
| Mar 2016 | Rights issue | ₹45 Lakh | Investors: Aarti Industries Ltd |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: Aarti Industries Ltd Seller: 4 individuals |
| May 2011 | Secondary share transfer | Undisclosed | Seller: Aarti Industries Ltd , 3 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ganesh Polychem Limited
Ganesh Polychem Limited has 11 court cases on record: 5 filed by Ganesh Polychem, 6 filed against it. 2 cases are pending and 9 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against Ratnagiri Chemicals Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ratnagiri Chemicals Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against Magma Industries Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against an individual | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by P.U.Dave, Gujarat Pollution Control Board | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ganesh Polychem Limited
Ganesh Polychem operates one associated brand: Ganesh Polychem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and exports speciality fine chemicals for polysulfones, epoxy resins, and adhesives industries. | ganeshpolychem.com |
Employees and EPFO Compliance at Ganesh Polychem Limited
Ganesh Polychem Limited has a workforce of 35 employees as of Apr 11, 2024.
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.
Group Structure of Ganesh Polychem Limited
Ganesh Polychem has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Ganesh Polychem Limited
Ganesh Polychem Limited has 25 board changes on record since 2005: 7 appointments and 18 cessations. The latest: Rahul Jitendra Mehta ceased to be Additional Director on 10 Jul 2025.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ganesh Polychem 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 Ganesh Polychem 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 Ganesh Polychem 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.
GST Compliance of Ganesh Polychem Limited
Ganesh Polychem has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG6160B1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCG6160B2ZZ | Maharashtra | Active | 09 May 2025 |
| 24AABCG6160B1Z6 | Gujarat | 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.
MCA Filings & Documents of Ganesh Polychem 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.
Frequently Asked Questions about Ganesh Polychem Limited
Ganesh Polychem is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 07 November 2001 (25+ years old) and is registered under CIN U24299MH2001PLC133900.
Ganesh Polychem reported revenue of ₹394.72 Cr for FY 2023.
Ganesh Polychem has 7 current directors:
- Hemant Ratnakar Bandodkar - Whole-Time Director
- Sandip Shriram Tare - Whole-Time Director
- Radheshyam Soni - Whole-Time Director
- Jeenal Kenil Savla - Director
- Harishkumar Ramlal Chandna - Director
- Rahul Jitendra Mehta - Director
- Santosh Nivarttirao Mule - Director
Ganesh Polychem reported a net profit of ₹37.95 Cr (net margin 9.6%) and EBITDA of ₹61.84 Cr (EBITDA margin 15.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ganesh Polychem is 22% over three years and 15% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ganesh Polychem is 27AABCG6160B1Z0, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCG6160B2ZZ (Maharashtra), 24AABCG6160B1Z6 (Gujarat).
The CIN (Corporate Identification Number) of Ganesh Polychem is U24299MH2001PLC133900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganesh Polychem has 11 court cases on record: 5 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Ganesh Polychem was incorporated on 07 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Ganesh Polychem has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹45 Lakh; the latest was in September 2023.