Jolly Polymers Private Limited
About Jolly Polymers Private Limited
Data last updated:
Jolly Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 16 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1997PTC111333.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Aarti Rajesh Sheth and Rajesh Gulabchand Sheth.
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 261 Shanti Ind Premises S N Road Mulund, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.34 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹14.11 Lakh (net margin 33.3%) and EBITDA of ₹24.79 Lakh (EBITDA margin 58.5%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 40% over five years.
As per MCA filings, the company has satisfied charges of ₹2.12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address261 Shanti Ind Premises S N Road Mulund, Mumbai, Maharashtra, India – 400080
- IndustryConsumer Goods, Accessories Retail & Distribution
- 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 Jolly Polymers Private Limited
The main business activity of Jolly Polymers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Jolly Polymers Private Limited FY 2025 filings available
Jolly Polymers Private Limited reported revenue of ₹42.34 Lakh (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Jolly Polymers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 80% fall in the latest year. EBITDA rose 147% 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 Jolly Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹24.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.11 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 Jolly Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 33.3% | •••• | •••• | •••• | •••• |
| 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 Jolly Polymers 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.
Peer Comparison of Jolly Polymers Private Limited
Jolly Polymers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grow Polymers Private Limited | ₹42.57 Lakh (FY 2025) | •••• | •••• | 135.0% | •••• | Delhi, India |
| GMT Opticals Private Limited | ₹42.47 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Onix Vision Technologies Private Limited | ₹42.45 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Haryana, India |
| Flowplast Polymers Private Limited | ₹42.44 Lakh (FY 2023) | •••• | •••• | •••• | Muzaffarpur, Bihar, India | |
| Acme Polymers Private Limited | ₹42.37 Lakh (FY 2025) | •••• | •••• | 545.0% | •••• | Chandigarh, India |
| Jolly Polymers Private Limited this company | ₹42.34 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Mumbai, Maharashtra, India |
| PNJ Antiques Private Limited | ₹42.1 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Subhphal Marketing Private Limited | ₹42.09 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Optical Palace Private Limited | ₹42.01 Lakh (FY 2022) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Himvadhav Overseas Private Limited | ₹41.59 Lakh (FY 2024) | •••• | •••• | 168.0% | •••• | Phagwara, Punjab, India |
| Octane Polymers Private Limited | ₹41.58 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Pitapalli, Odisha, India |
Peers are the five companies nearest above and the five nearest below Jolly Polymers by revenue in the Consumer Products industry (Accessories Retail and Distribution, Polymers), 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 Jolly Polymers Private Limited
Jolly Polymers Private Limited is audited by P. G. Sanghvi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. G. Sanghvi & Co. | 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 Jolly Polymers Private Limited
Jolly Polymers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aarti Rajesh Sheth Also directs: Nikita Flexipacks LLP | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Rajesh Gulabchand Sheth Also directs: Nikita Flexipacks LLP, Hue Inks Private Limited, Kris Flexipacks Private Limited and 2 more | Director | 30 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Jolly Polymers Private 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 Jolly Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2009 | The Saraswat Co.Op. Bank Limited | ₹75 Lakh | Satisfied |
| 02 Dec 1998 | The Saraswat Co.Op. Bank Ltd. | ₹94.68 Lakh | Satisfied |
| 02 Dec 1998 | The Saraswat Co.Op. Bank Ltd. | ₹42.7 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Jolly Polymers Private Limited
Jolly Polymers Private Limited has 2 court cases on record: 2 filed by Jolly Polymers. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against an individual | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Jolly Polymers Private Limited
Employment history and EPFO contributions of people linked to Jolly Polymers.
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 Jolly Polymers Private Limited
Jolly Polymers Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Rajesh Gulabchand Sheth ceased to be Additional Director on 30 Sep 2017.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jolly Polymers Private 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 Jolly Polymers Private 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 Jolly Polymers Private 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 Jolly Polymers Private Limited
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 Jolly Polymers Private 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 Jolly Polymers Private Limited
Jolly Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 16 October 1997 (29+ years old) and is registered under CIN U25200MH1997PTC111333.
Jolly Polymers reported revenue of ₹42.34 Lakh for FY 2025 (down 80% YoY).
Jolly Polymers has 2 current directors:
- Aarti Rajesh Sheth - Director
- Rajesh Gulabchand Sheth - Director
Jolly Polymers reported a net profit of ₹14.11 Lakh (net margin 33.3%) and EBITDA of ₹24.79 Lakh (EBITDA margin 58.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jolly Polymers is -60% over three years and -40% over five years. In the latest year (FY 2025) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Jolly Polymers is U25200MH1997PTC111333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jolly Polymers has 2 court cases on record: 2 filed by the company.
Jolly Polymers was incorporated on 16 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jolly Polymers by revenue are Grow Polymers Private Limited, GMT Opticals Private Limited, Onix Vision Technologies Private Limited, Flowplast Polymers Private Limited, Acme Polymers Private Limited and 5 more, all in the Consumer Products industry (Accessories Retail and Distribution, Polymers).
Rajesh Gulabchand Sheth ceased to be Additional Director on 30 Sep 2017. Darasti Rajeshkumar Sheth ceased to be Director on 30 Aug 2017. Rajesh Gulabchand Sheth was appointed as Director on 30 Aug 2017. Jolly Polymers has 9 board changes on record in total.
The registered office of Jolly Polymers is at 261 Shanti Ind Premises S N Road Mulund, Mumbai, Maharashtra, India – 400080.