Gwalior Polypipes Limited - manufacturing in Bhind, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U28939MP1982PLC002072 Incorporated 19 October 1982 ROC Gwalior HQ Bhind, Madhya Pradesh, India
Under Liquidation Public Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹7.86 Cr
▲ 157% YoY
Net profit · FY 2023
₹49.89 Lakh
Net margin 6.3%
EBITDA · FY 2023
₹60.67 Lakh
EBITDA margin 7.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.91 Cr
Issued & subscribed
Open charges
₹17.64 Cr
Secured borrowings
Company age
44 yrs
Est. 1982
Employees · EPFO
29
Provident fund records

About Gwalior Polypipes Limited

Data last updated:

Gwalior Polypipes Limited is a public limited company based in Bhind, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 19 October 1982.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28939MP1982PLC002072. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.91 Cr. It is led by directors including Sanil Prakash Sahu (Managing Director) and Ashok Gupta.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Polypipes Estat Malanpur Industrial Area Malanpur, Bhind, Madhya Pradesh, India – 477001.

As per the financials filed for FY 2023, the company reported a revenue of ₹7.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.89 Lakh (net margin 6.3%) and EBITDA of ₹60.67 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 13% over five years.

The company has about 29 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹17.64 Cr on record. Court records list 111 cases involving the company, including 49 filed by the company and 41 filed against it; 8 cases are pending.

The last known website on record is gwaliorpolypipes.com.

Company Details of Gwalior Polypipes Limited
CIN U28939MP1982PLC002072
Registration Number 002072
Incorporation Date 19 October 1982
ROC Gwalior
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Polypipes Estat Malanpur Industrial Area Malanpur, Bhind, Madhya Pradesh, India – 477001
  • Industry
    Manufacturing, Pipe & Tubes
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Financials, compliance, directors, charges, ownership and filings for Gwalior Polypipes Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Gwalior Polypipes Limited

The main business activity of Gwalior Polypipes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Gwalior Polypipes Limited FY 2023 filings available

Gwalior Polypipes Limited reported revenue of ₹7.86 Cr (up 157% YoY) for FY 2023.

Revenue · FY 2023
₹7.86 Cr ▲ 157%
Net profit · FY 2023
₹49.89 Lakh margin 6.3%
EBITDA · FY 2023
₹60.67 Lakh margin 7.7%

Compounded Annual Growth Rate (CAGR) of Gwalior Polypipes Limited

Revenue CAGR growth
1 year
▲ 157%
3 years · compounded
▲ 38%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 49%
5 years · compounded
▲ 68%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 157% growth in the latest year. EBITDA rose 124% 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 Gwalior Polypipes Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹7.86 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹60.67 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹49.89 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 Gwalior Polypipes Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%••••••••••••••••
Net Profit Margin6.3%••••••••••••••••
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 Gwalior Polypipes are in the company report.

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Financial statements from 2015

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Peer Comparison of Gwalior Polypipes Limited

Gwalior Polypipes Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Its own revenue is ₹7.86 Cr.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hytech Pipe Fitting Private Limited₹8.09 Cr••••••••••••-Vadodara, Gujarat, India
Aadit Concrete Products Private Limited₹8.03 Cr••••••••••••-Pune City, Maharashtra, India
Sol Industries Private Limited₹8.03 Cr••••••••••••-Ranchi, Jharkhand, India
Manjushree Plastics Pvt Ltd₹8.01 Cr••••••••••••-Parwanoo, Himachal Pradesh, India
Mahadev Asbestos Private Limited₹7.95 Cr••••••••••••-Jalpaiguri, West Bengal, India
Gwalior Polypipes Limited this company₹7.86 Cr••••••••••••-Bhind, Madhya Pradesh, India
Alok Leasings Private Limited₹7.81 Cr••••••••••••-Kanpur, Uttar Pradesh, India
Jagdambe Pipes Industry Private Limited₹7.79 Cr••••••••••••-Sehore, Madhya Pradesh, India
Clavis Pipes Private Limited₹7.79 Cr••••••••••••-Muzaffarpur, Bihar, India
S F Tubes Private Limited₹7.73 Cr••••••••••••-Howrah, West Bengal, India
Yash Earthing Solutions Private Limited₹7.7 Cr••••••••••••-Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Gwalior Polypipes by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.

Auditor Details of Gwalior Polypipes Limited

Gwalior Polypipes Limited is audited by S. Prakash & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
S. Prakash & Co.LockedLockedLocked
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Board of Directors of Gwalior Polypipes Limited

Gwalior Polypipes has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashok GuptaDirector17 Apr 201016 Years 5 MonthsAs last reported
Devila Harishkumar SahuDirector14 Nov 201510 Years 10 MonthsAs last reported
Chhaya GuptaIrp/Rp/Liquidator09 Dec 20241 Years 9 MonthsAs last reported
Swati Sanil SahuDirector03 Aug 200917 Years 2 MonthsAs last reported
Navin KhandelwalIrp/Rp/Liquidator20 Dec 20232 Years 9 MonthsAs last reported
Anil Prakash SahuDirector19 Oct 198243 Years 11 MonthsAs last reported
Showing 6 of 8 current directors. View all directors

Ownership and Shareholding of Gwalior Polypipes Limited

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Charges & Borrowings of Gwalior Polypipes Limited

Open charges
₹17.64 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹15.28 Cr
Rajasthan State Industrial Development Investment Corp. Ltd.₹1.50 Cr
Madhya Pradesh Audyogik Vikas Nigam Limited₹0.86 Cr
Latest charge details
DateLenderAmountStatus
21 Sep 1994Rajasthan State Industrial Development Investment Corp. Ltd.₹1.5 CrOpen
20 May 1988State Bank of India₹1.03 CrOpen
02 Nov 1987State Bank of India₹4.75 CrOpen
02 Nov 1987State Bank of India₹4.75 CrOpen
14 Sep 1987State Bank of India₹4.75 CrOpen

Total charge records: 7 View all charges

Employees and EPFO Compliance at Gwalior Polypipes Limited

Gwalior Polypipes Limited has a workforce of 29 employees as of Oct 09, 2025.

Employee count
29
Active EPFO establishments
2
Employee growth
7.41%
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CIN History of Gwalior Polypipes Limited

Gwalior Polypipes has one previous CIN (Corporate Identification Number): L28939MP1982PLC002072. The current CIN is U28939MP1982PLC002072, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28939MP1982PLC002072Current
L28939MP1982PLC002072Previous

Recent Activity on Gwalior Polypipes Limited

Gwalior Polypipes Limited has 21 board changes on record since 1982: 8 appointments and 13 cessations. The latest: Chhaya Gupta was appointed as Irp/Rp/Liquidator on 09 Dec 2024.

Appointed
Chhaya Gupta was appointed as Irp/Rp/Liquidator.
Appointed
Navin Khandelwal was appointed as Irp/Rp/Liquidator.
AGM
Gwalior Polypipes Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Gwalior Polypipes Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Ceased
Aditya Kumar Pandey ceased to be Company Secretary.
Ceased
Dilip Chandulal Parekh ceased to be Director.
Ceased
Harish Kumar Sahu ceased to be Managing Director.
Appointed
Shah Sevantilal Yogesh was appointed as Director.
Appointed
Devila Harishkumar Sahu was appointed as Director.
Ceased
Shah Sevantilal Yogesh ceased to be Director.
Ceased
Devila Harishkumar Sahu ceased to be Director.
Ceased
Jittender Kapoor ceased to be Director.

21 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Gwalior Polypipes Limited

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MSME Payment Delays by Gwalior Polypipes Limited

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Subsidiaries & Group Companies of Gwalior Polypipes Limited

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GST Compliance of Gwalior Polypipes Limited

Gwalior Polypipes has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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MCA Filings & Documents of Gwalior Polypipes Limited

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Frequently Asked Questions about Gwalior Polypipes Limited

Gwalior Polypipes is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Gwalior Polypipes is a company under liquidation, formerly operating as a public limited company based in Bhind, Madhya Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 19 October 1982 and is registered under CIN U28939MP1982PLC002072. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Gwalior Polypipes reported revenue of ₹7.86 Cr for FY 2023 (up 157% YoY).

Gwalior Polypipes has 8 current directors:

Gwalior Polypipes reported a net profit of ₹49.89 Lakh (net margin 6.3%) and EBITDA of ₹60.67 Lakh (EBITDA margin 7.7%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Gwalior Polypipes is 38% over three years and 13% over five years. In the latest year (FY 2023) revenue rose 157%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Gwalior Polypipes is U28939MP1982PLC002072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gwalior Polypipes has open charges of ₹17.64 Cr and no satisfied charges on record as per latest MCA filings.

Gwalior Polypipes has 111 court cases on record: 49 filed by the company and 41 filed against it. 8 are pending. Most are in the high courts.

Gwalior Polypipes was incorporated on 19 October 1982. It is registered with the Registrar of Companies, Gwalior.

The peers of Gwalior Polypipes by revenue are Hytech Pipe Fitting Private Limited, Aadit Concrete Products Private Limited, Sol Industries Private Limited, Manjushree Plastics Pvt Ltd, Mahadev Asbestos Private Limited and 5 more, all in the Manufacturing industry (Pipes).

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