MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-35-0010748
Gangotri Polymers Private Limited
Gangotri Polymers Private Limited - manufacturing in Gwalior, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.84 Cr
▲ 5% YoY
Net profit · FY 2025
₹47.3 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1.17 Cr
EBITDA margin 5.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹29.99 Lakh
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹65.74 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
34
Provident fund records
About Gangotri Polymers Private Limited
Data last updated:
Gangotri Polymers Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India, a subsidiary of Wavin Industries Limited. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 29 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP1998PTC012849. Its GSTIN is 23AABCG1912H1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹29.99 Lakh. It is led by directors including Atul Ladha and Gunjan Ladha.
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 262 Jiwaji Nagar Thatipur, Gwalior, Madhya Pradesh, India – 474011.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.84 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹47.3 Lakh (net margin 2.2%) and EBITDA of ₹1.17 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vectus. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹65.74 Cr on record. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2014. Its 7 peer companies in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Anantshree Polymers Private Limited with revenue of ₹21.96 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 66 overdue payments to 15 micro and small suppliers.
Gangotri Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-35-0010748). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25202MP1998PTC012849
Registration Number 012849
Incorporation Date 29 May 1998
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Wavin Industries Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-35-0010748
Recognitions & Rankings of Gangotri Polymers
Contact details
Gangotri Polymers Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address262 Jiwaji Nagar Thatipur, Gwalior, Madhya Pradesh, India – 474011
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Gangotri Polymers Private Limited, buy the company report.
Comprehensive company report
Gangotri 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 Gangotri 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 |
To see the full business activity and turnover split of Gangotri Polymers Private Limited, buy the company report.
Financials of Gangotri Polymers Private Limited
FY 2025 filings availableGangotri Polymers Private Limited reported revenue of ₹21.84 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹21.84 Cr ▲ 5%
Net profit · FY 2025
₹47.3 Lakh margin 2.2%
EBITDA · FY 2025
₹1.17 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 37%
5 years · compounded
▼ 15%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 5% growth in the latest year. EBITDA rose 53% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gangotri Polymers Private Limited, buy the company report.
Board of directors of Gangotri Polymers Private Limited
Gangotri Polymers has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Ladha Also directs: Shivangi Polymers LLP, Sunrise Tanks Private Limited, Vectus Polymers Private Limited and 2 more | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Gunjan Ladha | Director | 17 Apr 2024 | 2 Years 6 Months | Current |
| Manish Khandelwal | Director | 18 Jul 2023 | 3 Years 3 Months | Current |
| Ashish Baheti Also directs: Sunrise Tanks Private Limited, Vectus Polymers Private Limited, Pure Ganga Water Systems LLP and 1 more | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Gangotri Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, 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 |
|---|---|---|---|---|---|---|
| Anantshree Polymers Private Limited | ₹21.96 Cr (FY 2025) | 25.0% | Siliguri, West Bengal, India | |||
| Elite Products India Private Limited | ₹21.9 Cr (FY 2024) | -28.0% | Kolkata, West Bengal, India | |||
| Goldstar Polymers Limited | ₹21.88 Cr (FY 2017) | -22.0% | Mumbai, Maharashtra, India | |||
| Gangotri Polymers Private Limitedthis company | ₹21.84 Cr (FY 2025) | ₹47.3 Lakh | 2.2% | 5.0% | 34 | Gwalior, Madhya Pradesh, India |
| Tech Plaastic Industrie Private Limited | ₹21.84 Cr (FY 2025) | 15.0% | Sriperumbdur, Tamil Nadu, India | |||
| Tainwala Chemicals and Plastics (India) Ltd | ₹21.82 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Inox Polymers Private Limited | ₹21.8 Cr (FY 2025) | 49.0% | Maval, Maharashtra, India | |||
| Parii Propack Private Limited | ₹21.76 Cr (FY 2025) | 35.0% | Jammu, Jammu and Kashmir, India |
To see the full peer comparison of Gangotri Polymers Private Limited, buy the company report.
Auditor
Gangotri Polymers Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Gangotri 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 Gangotri Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹65.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2025 | 101093863 | The Hongkong and Shanghai Banking Corporation Limited | ₹7 Cr | Open | |
| 16 Oct 2015 | 10602702 | State Bank of India | ₹1.25 Cr | Satisfied | |
| 06 Feb 2014 | 10482418 | Tata Capital Financial Services Limited | ₹4 Cr | Satisfied | |
| 28 Nov 2007 | 10121957 | State Bank of India | ₹60.36 Cr | Satisfied | |
| 24 Feb 2003 | 90205887 | State Bank of India | ₹3.5 Lakh | Satisfied |
To see the full charge records of Gangotri Polymers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Gangotri Polymers Private Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2014.
Total deals
6
Secondary share transfers
5
Acquisition
1
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Wavin Industries Private Limited, 3 individuals Seller: 2 individuals |
| Sep 2012 | Acquisition | Undisclosed | Buyer: Wavin Industries Private Limited Seller: Atul Ladha & Sons (HUF), Shivangi Polymers Pvt Ltd , 2 individuals |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Atul Ladha & Sons (HUF), Shivangi Polymers Pvt Ltd , 2 individuals Seller: 4 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Shivangi Polymers Pvt Ltd , an individual Seller: 2 individuals |
To see the full deal history of Gangotri 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
No court or tribunal cases involving Gangotri Polymers 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
Gangotri Polymers Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 66 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| SCJ Plastics Private Limited | |||
| an individual supplier | |||
| Askas Plastic Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Gangotri Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gangotri Polymers Private Limited has a workforce of 34 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
-12.82%
GST
Gangotri Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCG1912H1Z6 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gangotri Polymers Private Limited, buy the company report.
Recent activity
Gangotri Polymers Private Limited has 13 board changes on record since 2013: 4 appointments and 9 cessations. The latest: Gunjan Ladha ceased to be Additional Director on 29 Sep 2024.
AGM
Gangotri Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 7.00 Cr with Charge ID 101093863 was registered on 09 May 2025.
Filing
Gangotri Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Gunjan Ladha ceased to be Additional Director.
Appointed
Atul Ladha was appointed as Director.
Ceased
Bharat Reddy Kona ceased to be Additional Director.
Appointed
Gunjan Ladha was appointed as Director.
Appointed
Ashish Baheti was appointed as Director.
Ceased
Krishna Hanumant Joshi ceased to be Additional Director.
Ceased
Lokanath Mati ceased to be Additional Director.
Ceased
Manish Khandelwal ceased to be Additional Director.
Appointed
Manish Khandelwal was appointed as Director.
19 earlier events are in the company report.
Frequently asked questions
Gangotri Polymers is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 29 May 1998 (28+ years old) and is registered under CIN U25202MP1998PTC012849.
Gangotri Polymers has 4 current directors:
- Atul Ladha - Director
- Gunjan Ladha - Director
- Manish Khandelwal - Director
- Ashish Baheti - Director
The latest financial statements of Gangotri Polymers 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 Gangotri Polymers is 23AABCG1912H1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Gangotri Polymers is U25202MP1998PTC012849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gangotri Polymers was incorporated on 29 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Gwalior.
Gangotri Polymers has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in September 2014.
The peers of Gangotri Polymers by revenue are Anantshree Polymers Private Limited, Elite Products India Private Limited, Goldstar Polymers Limited, Tech Plaastic Industrie Private Limited, Tainwala Chemicals and Plastics (India) Ltd and 2 more, all in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Gunjan Ladha ceased to be Additional Director on 29 Sep 2024. Atul Ladha was appointed as Director on 06 Sep 2024. Bharat Reddy Kona ceased to be Additional Director on 01 Jul 2024. Gangotri Polymers has 13 board changes on record in total.
Yes, Gangotri Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MP-35-0010748).
Gangotri Polymers has 9 MSME Form 1 returns on record between 2019 and 2024, listing 66 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Gangotri Polymers is at 262 Jiwaji Nagar Thatipur, Gwalior, Madhya Pradesh, India – 474011.
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