About Ganesh Polychem Limited
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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 Jeenal Kenil Savla.
Its last annual general meeting (AGM) was held on 01 June 2026, and its latest financial statements are for the year ended 31 March 2026. 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 2026, the company reported a revenue of ₹272.65 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹16 Cr (net margin 5.9%) and EBITDA of ₹38.57 Cr (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three 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 ₹50.89 Cr and satisfied charges of ₹69.26 Cr on record. Court records list 16 cases involving the company, including 7 filed by the company and 9 filed against it; 3 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.
Company details
Contact details
Ganesh Polychem Limited's registered office is in Mumbai, Maharashtra. Its website is ganeshpolychem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUdyog Kshetra 2nd Floor Mulund Goregaon Link Road L B S Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Ganesh Polychem 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
Brands
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 |
Business activity
The main business activity of Ganesh Polychem is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Ganesh Polychem Limited, buy the company report.
Financials of Ganesh Polychem Limited
FY 2026 filings availableGanesh Polychem Limited reported revenue of ₹272.65 Cr (down 9% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 9% fall in the latest year. EBITDA fell 49% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Revenue | ₹272.65 Cr | ||||
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| EBITDA | ₹38.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of Ganesh Polychem Limited, buy the company report.
Board of directors of Ganesh Polychem Limited
Ganesh Polychem has 6 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 1 Months | Current |
| Jeenal Kenil Savla Also directs: Aarti Pharmalabs Limited, Jika Epc Services Limited | Director | 08 Aug 2022 | 4 Years 3 Months | Current |
| Harishkumar Ramlal Chandna Also directs: Sanventure Tech Solutions LLP | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Rubin Mahesh Vikam | Director | 05 Jan 2026 | 0 Years 10 Months | Current |
| Santosh Nivarttirao Mule | Director | 05 Jul 2025 | 1 Years 4 Months | Current |
| Kulin Virendra Bhansali | Additional Director | 31 Jul 2026 | 0 Years 3 Months | Current |
Auditor
Ganesh Polychem Limited is audited by G B C A & Associates LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G B C A & Associates LLP | FY 2026 | 103142W / W100292 |
Shareholding
The shareholding of Ganesh Polychem Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ganesh Polychem Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2026 | 101307679 | Hdfc Bank Limited | ₹29 Lakh | Open | |
| 08 Oct 2021 | 100496075 | Sbicap Trustee Company Limited | ₹50.6 Cr | Open | |
| 17 Nov 2021 | 100531768 | Hdfc Bank Limited | ₹20.7 Lakh | Satisfied | |
| 31 Jul 2019 | 100280620 | Standard Chartered Bank | ₹23.45 Cr | Satisfied | |
| 12 Dec 2002 | 90146367 | State Bank of India | ₹45.6 Cr | Satisfied |
To see the full charge records of Ganesh Polychem Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
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 |
To see the full deal history of Ganesh Polychem 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
Ganesh Polychem Limited has 16 court cases on record: 7 filed by Ganesh Polychem, 9 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 3 |
| High courts | 5 | 5 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against Ratnagiri Chemicals Pvt Ltd and 1 Ors | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Ms Syschem India Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against Ms. Magma Industries Ltd. and 2Ors | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ratnagiri Chemicals Pvt Ltd | Disposed |
| District court, Chandigarh | Criminal miscellaneous application | Filed by the company against M/S Syschem Ltd | Pending |
To see the full case history of Ganesh Polychem 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.
Credit ratings & regulatory alerts
Ganesh Polychem Limited was last rated by Icra on 26 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Jul 2021 |
To see the full credit ratings and regulatory alerts of Ganesh Polychem Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ganesh Polychem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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.
Employees & EPFO
Ganesh Polychem Limited has a workforce of 35 employees on its EPFO records as of Apr 11, 2024, across 2 active EPFO establishments.
GST
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 |
To see the full GST registrations and return filing status of Ganesh Polychem Limited, buy the company report.
Recent activity
Ganesh Polychem Limited has 24 board changes on record since 2005: 6 appointments and 18 cessations. The latest: Kulin Virendra Bhansali was appointed as Additional Director on 31 Jul 2026.
25 earlier events are in the company report.
Frequently asked questions
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 has 6 current directors:
- Hemant Ratnakar Bandodkar - Whole-Time Director
- Jeenal Kenil Savla - Director
- Harishkumar Ramlal Chandna - Director
- Rubin Mahesh Vikam - Director
- Santosh Nivarttirao Mule - Director
- Kulin Virendra Bhansali - Additional Director
The latest financial statements of Ganesh Polychem on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 June 2026. Year-wise statements from 2015 are in the company report.
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 16 court cases on record: 7 filed by the company and 9 filed against it. 3 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.
Kulin Virendra Bhansali was appointed as Additional Director on 31 Jul 2026. Rubin Mahesh Vikam was appointed as Director on 05 Jan 2026. Rahul Jitendra Mehta ceased to be Additional Director on 10 Jul 2025. Ganesh Polychem has 24 board changes on record in total.
Ganesh Polychem can be reached through the website ganeshpolychem.com. Its registered office is in Mumbai, Maharashtra, India.
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