MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0029587
Jostick Polymers Private Limited - packaging in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.88 Lakh
▼ 6% YoY
Net profit · FY 2025
₹13.5 Lakh
Net margin 39.8%
EBITDA · FY 2025
₹31.79 Lakh
EBITDA margin 93.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.6 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹6.57 Cr
Company age
35 yrs
Est. 1991
Directors on board
2
As per MCA filings
About Jostick Polymers Private Limited
Data last updated:
Jostick Polymers Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 07 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24134MH1991PTC061545. Its GSTIN is 27AABCM2318M1ZF (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.6 Cr. It was formerly known as Magma Polymers Private Limited. It is led by directors Jayant Nagesh Joglekar and Santosh Nagesh Joglekar.
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 C – 14 MIDC Industrial Area Ambad, Nashik, Maharashtra, India – 422010.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.88 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹13.5 Lakh (net margin 39.8%) and EBITDA of ₹31.79 Lakh (EBITDA margin 93.8%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹6.57 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 1 case is pending. The company has 9 deals on record (7 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹29 Lakh; the latest was in February 2019. The company has 10 MSME Form 1 returns on record between 2014 and 2020, listing 210 overdue payments to 19 micro and small suppliers.
Jostick Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0029587). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magmapolymer.com.
Company details
CIN U24134MH1991PTC061545
Registration Number 061545
Incorporation Date 07 May 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0029587
Recognitions & Rankings of Jostick Polymers
Contact details
Jostick Polymers Private Limited's registered office is in Nashik, Maharashtra. Its website is magmapolymer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 14 MIDC Industrial Area Ambad, Nashik, Maharashtra, India – 422010
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Jostick Polymers Private Limited, buy the company report.
Comprehensive company report
Jostick 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Jostick Polymers is manufacturing. In detail, this covers manufacture of paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 17 | Manufacture of paper and paper products |
To see the full business activity and turnover split of Jostick Polymers Private Limited, buy the company report.
Financials of Jostick Polymers Private Limited
FY 2025 filings availableJostick Polymers Private Limited reported revenue of ₹33.88 Lakh (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹33.88 Lakh ▼ 6%
Net profit · FY 2025
₹13.5 Lakh margin 39.8%
EBITDA · FY 2025
₹31.79 Lakh margin 93.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 51%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 117%
5 years · compounded
▲ 19%
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 6% fall in the latest year. EBITDA rose 1% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.5 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.8% | ||||
| Net Profit Margin | 39.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Jostick Polymers Private Limited, buy the company report.
Board of directors of Jostick Polymers Private Limited
Jostick Polymers has 2 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 |
|---|---|---|---|---|
| Jayant Nagesh Joglekar Also directs: Peka Tech India Private Limited, Jostick Adhesive Private Limited | Director | 26 Mar 2017 | 9 Years 7 Months | Current |
| Santosh Nagesh Joglekar Also directs: Jostick Adhesive Private Limited | Director | 26 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Jostick Polymers Private Limited is audited by Shashank Manerikar & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shashank Manerikar & Co. | FY 2022 | 109984W |
Shareholding
The shareholding of Jostick 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 Jostick Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹6.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2020 | 100335548 | Others | ₹65 Lakh | Open | |
| 27 Jan 2020 | 100320451 | Others | ₹1.35 Cr | Open | |
| 25 May 2017 | 100131263 | Others | ₹1.65 Cr | Satisfied | |
| 06 Jan 2011 | 10261573 | Jalgaon Janata Sahakari Bank Ltd. | ₹2.65 Cr | Satisfied | |
| 03 Nov 1999 | 80009894 | State Bank of India | ₹29 Lakh | Satisfied |
To see the full charge records of Jostick Polymers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Jostick Polymers Private Limited has 9 deals on record (7 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹29 Lakh; the latest was in February 2019.
Total deals
9
Secondary share transfers
7
Funding round
1
Rights issue
1
Disclosed funding
₹29 Lakh
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2017 | Rights issue | ₹1.72 Cr | Investors: Jostick Adhesives Private Limited, 3 individuals Seller: an individual |
To see the full deal history of Jostick 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
Jostick Polymers Private Limited has 10 court cases on record: 10 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed against the company
10
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Capricorn Logistics Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Moderm Cargo Services Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Paragon Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Paragon Enterprises | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S. Modern Corgo Sevices Pvt. Ltd | Disposed |
To see the full case history of Jostick Polymers Private 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.
MSME payment delays
Jostick Polymers Private Limited has 10 MSME Form 1 returns on record between 2014 and 2020, listing 210 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Atharva Chem Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Gurukrupa Industries |
To see the full MSME payment records of Jostick Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Jostick Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2318M1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jostick Polymers Private Limited, buy the company report.
Recent activity
Jostick Polymers Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Prasad Arvind Jadhav ceased to be Director on 01 Apr 2019.
AGM
Jostick Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jostick Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 25 May 2017 via Charge ID 100131263 with Others was fully satisfied on 02 Mar 2020.
Charges
A charge registered on 06 Jan 2011 via Charge ID 10261573 with Jalgaon Janata Sahakari Bank Ltd. was fully satisfied on 02 Mar 2020.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100335548 was registered on 30 Jan 2020.
Charges
A charge with Others amounted to Rs. 1.35 Cr with Charge ID 100320451 was registered on 27 Jan 2020.
Ceased
Prasad Arvind Jadhav ceased to be Director.
Ceased
Harshada Shrikant Surte ceased to be Director.
Charges
A charge with Others of Rs. 1.65 Cr registered on 25 May 2017 with Charge ID 100131263 was modified on 06 Oct 2017.
Ceased
Jayant Nagesh Joglekar ceased to be Additional Director.
Ceased
Santosh Nagesh Joglekar ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 1.65 Cr with Charge ID 100131263 was registered on 25 May 2017.
16 earlier events are in the company report.
Frequently asked questions
Jostick Polymers is an active private limited company based in Nashik, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 07 May 1991 (35+ years old) and is registered under CIN U24134MH1991PTC061545.
Jostick Polymers has 2 current directors:
- Jayant Nagesh Joglekar - Director
- Santosh Nagesh Joglekar - Director
The latest financial statements of Jostick 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 Jostick Polymers is 27AABCM2318M1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jostick Polymers is U24134MH1991PTC061545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jostick Polymers has 10 court cases on record: 10 filed against it. 1 is pending.
Jostick Polymers was incorporated on 07 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Jostick Polymers has 9 deals on record (7 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹29 Lakh; the latest was in February 2019.
Prasad Arvind Jadhav ceased to be Director on 01 Apr 2019. Harshada Shrikant Surte ceased to be Director on 21 Feb 2018. Jayant Nagesh Joglekar ceased to be Additional Director on 29 Sep 2017. Jostick Polymers has 11 board changes on record in total.
Yes, Jostick Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0029587).
Jostick Polymers has 10 MSME Form 1 returns on record between 2014 and 2020, listing 210 overdue payments to 19 micro and small suppliers. The latest return was filed on 03 Oct 2020.