DPIIT recognised startup Government of India
Startup India
J. I. Polyfab Private Limited
J. I. Polyfab Private Limited - manufacturing in Satara, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.85 Cr
▼ 20% YoY
Net profit · FY 2024
₹18.33 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹1.97 Cr
EBITDA margin 28.8%
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹3.1 Cr
Issued & subscribed
Open charges
₹8.4 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About J. I. Polyfab Private Limited
Data last updated:
J. I. Polyfab Private Limited is a private limited company based in Satara, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24304PN2020PTC189458. Its GSTIN is 27AAECJ7565L1ZY (Maharashtra).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.1 Cr. It is led by directors including Shakir Ibrahim Bagwan and Sahir Shakir Bagwan.
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 Plot No. A – 12 Old MIDC, Satara, Maharashtra, India – 415002.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.85 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹18.33 Lakh (net margin 2.7%) and EBITDA of ₹1.97 Cr (EBITDA margin 28.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company has open charges of ₹8.4 Cr on record.
Company Details of J. I. Polyfab Private Limited
CIN U24304PN2020PTC189458
Registration Number 189458
Incorporation Date 28 January 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of J. I. Polyfab
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. A – 12 Old MIDC, Satara, Maharashtra, India – 415002
- IndustryManufacturing, Plastic-Based Products
Comprehensive company report
J. I. Polyfab 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of J. I. Polyfab Private Limited
The main business activity of J. I. Polyfab is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Premium access
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 J. I. Polyfab Private Limited FY 2025 filings available
J. I. Polyfab Private Limited reported revenue of ₹6.85 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹6.85 Cr ▼ 20%
Net profit · FY 2024
₹18.33 Lakh margin 2.7%
EBITDA · FY 2024
₹1.97 Cr margin 28.8%
Compounded Annual Growth Rate (CAGR) of J. I. Polyfab Private Limited
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 34%
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 19% 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 J. I. Polyfab Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.33 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 J. I. Polyfab Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 J. I. Polyfab are in the company report.
Premium access
Financial statements from FY 2020
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.
Board of Directors of J. I. Polyfab Private Limited
J. I. Polyfab has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakir Ibrahim Bagwan | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Sahir Shakir Bagwan | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Sabir Shakir Bagwan | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
Peer Comparison of J. I. Polyfab Private Limited
J. I. Polyfab Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahendra Energy Private Limited | ₹6.9 Cr (FY 2025) | •••• | •••• | 128.0% | •••• | Ahmedabad, Gujarat, India |
| Paramount Plastics Pvt Ltd | ₹6.88 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Kolkata, West Bengal, India |
| Dalmia Tea Marketing Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Skyway Polymers Private Limited | ₹6.87 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Shanti Ganga Plasto Packs Private Limited | ₹6.85 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| J. I. Polyfab Private Limited this company | ₹6.85 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Satara, Maharashtra, India |
| Graphipackss Private Limited | ₹6.84 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Madurai, Tamil Nadu, India |
| Fiable Cleantech Limited | ₹6.84 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Dehradun, Uttarakhand, India |
| Paresh Plastics Pvt Ltd | ₹6.84 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Veerashree Industries Private Limited | ₹6.84 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mysore, Karnataka, India |
| Indigo Plast India Private Limited | ₹6.82 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below J. I. Polyfab by revenue in the Manufacturing industry (Plastic Based Products), 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 J. I. Polyfab Private Limited
J. I. Polyfab Private Limited is audited by SHRIPAD ASHOK DURGAWADE & ASSOCIA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRIPAD ASHOK DURGAWADE & ASSOCIA | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of J. I. Polyfab Private Limited
Premium access
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 J. I. Polyfab Private Limited
Open charges
₹8.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2021 | State Bank of India | ₹8.4 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at J. I. Polyfab Private Limited
Employment history and EPFO contributions of people linked to J. I. Polyfab.
Premium access
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.
Recent Activity on J. I. Polyfab Private Limited
J. I. Polyfab Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Shamnoor Shakir Bagwan ceased to be Director on 02 Jun 2020.
AGM
J. I. Polyfab Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
J. I. Polyfab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with State Bank Of India of Rs. 8.40 Cr registered on 11 Aug 2021 with Charge ID 100471337 was modified on 19 Oct 2022.
Charges
A charge with State Bank Of India amounted to Rs. 8.40 Cr with Charge ID 100471337 was registered on 11 Aug 2021.
Ceased
Shamnoor Shakir Bagwan ceased to be Director.
Appointed
Sabir Shakir Bagwan was appointed as Director.
Appointed
Sahir Shakir Bagwan was appointed as Director.
Appointed
Shakir Ibrahim Bagwan was appointed as Director.
Incorporation
28 Jan 2020
J. I. Polyfab Private Limited was registered on 28 Jan 2020 with Roc Pune & aged 6 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for J. I. Polyfab Private Limited
Premium access
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 J. I. Polyfab Private Limited
Premium access
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 J. I. Polyfab Private Limited
Premium access
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 J. I. Polyfab Private Limited
J. I. Polyfab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ7565L1ZY | Maharashtra | Active | 15 Jun 2020 |
Premium access
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 J. I. Polyfab Private Limited
Premium access
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 J. I. Polyfab Private Limited
J. I. Polyfab is an active private limited company based in Satara, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U24304PN2020PTC189458.
J. I. Polyfab reported revenue of ₹6.85 Cr for FY 2024 (down 20% YoY).
J. I. Polyfab has 3 current directors:
- Shakir Ibrahim Bagwan - Director
- Sahir Shakir Bagwan - Director
- Sabir Shakir Bagwan - Director
J. I. Polyfab reported a net profit of ₹18.33 Lakh (net margin 2.7%) and EBITDA of ₹1.97 Cr (EBITDA margin 28.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of J. I. Polyfab is 12% over three years. In the latest year (FY 2024) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of J. I. Polyfab is 27AAECJ7565L1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of J. I. Polyfab is U24304PN2020PTC189458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J. I. Polyfab was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of J. I. Polyfab by revenue are Mahendra Energy Private Limited, Paramount Plastics Pvt Ltd, Dalmia Tea Marketing Private Limited, Skyway Polymers Private Limited, Shanti Ganga Plasto Packs Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Shamnoor Shakir Bagwan ceased to be Director on 02 Jun 2020. Sabir Shakir Bagwan was appointed as Director on 28 Jan 2020. Sahir Shakir Bagwan was appointed as Director on 28 Jan 2020. J. I. Polyfab has 4 board changes on record in total.
Yes, J. I. Polyfab is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).