Karnavati Polyblends Private Limited

Karnavati Polyblends Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U25200GJ1997PTC032628 Incorporated 08 July 1997 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹43.34 Cr
▲ 3% YoY
Net loss · FY 2024
₹1.27 Cr
Net margin -2.9%
EBITDA · FY 2024
₹2.07 Cr
EBITDA margin 4.8%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹2.03 Cr
Satisfied ₹16.38 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
11
Provident fund records

About Karnavati Polyblends Private Limited

Data last updated:

Karnavati Polyblends Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 08 July 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ1997PTC032628. Its GSTIN is 24AAACK9111D1Z2 (Gujarat).

The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Yashika Jignesh Mehta and Raj Jignesh Mehta.

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. 14 15 17 Tirth Industrial Park At – Paldi Kankaj Nr. Dholka Ahmedabad, Highway, Gujarat, India – 382425.

As per the financials filed for FY 2024, the company reported a revenue of ₹43.34 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Cr (net margin -2.9%) and EBITDA of ₹2.07 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.03 Cr and satisfied charges of ₹16.38 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Karnavati Polyblends Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0067299). The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Karnavati Polyblends Private Limited
CIN U25200GJ1997PTC032628
Registration Number 032628
Incorporation Date 08 July 1997
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-01-0067299
Key People
Yashika Jignesh Mehta Director Raj Jignesh Mehta Director Jignesh Rajnikant Mehta Director

Recognitions & Rankings of Karnavati Polyblends

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0067299
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. 14 15 17 Tirth Industrial Park At – Paldi Kankaj Nr. Dholka Ahmedabad, Highway, Gujarat, India – 382425
  • Industry
    Manufacturing, Rubber-Based Products
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Financials, compliance, directors, charges, ownership and filings for Karnavati Polyblends Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Karnavati Polyblends Private Limited

The main business activity of Karnavati Polyblends 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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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Karnavati Polyblends Private Limited FY 2025 filings available

Karnavati Polyblends Private Limited reported revenue of ₹43.34 Cr (up 3% YoY) for FY 2024.

Revenue · FY 2024
₹43.34 Cr ▲ 3%
Net loss · FY 2024
₹1.27 Cr margin -2.9%
EBITDA · FY 2024
₹2.07 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR) of Karnavati Polyblends Private Limited

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 6%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 6%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 3% growth in the latest year. EBITDA rose 15% 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 Karnavati Polyblends Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.07 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹1.27 Cr••••••••••••••••
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 Karnavati Polyblends Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.8%••••••••••••••••
Net Profit Margin-2.9%••••••••••••••••
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 Karnavati Polyblends are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Karnavati Polyblends Private Limited

Karnavati Polyblends has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yashika Jignesh MehtaDirector15 Sep 200323 Years 1 MonthsCurrent
Raj Jignesh MehtaDirector14 Dec 201510 Years 10 MonthsCurrent
Jignesh Rajnikant MehtaDirector08 Jul 199729 Years 3 MonthsCurrent
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Peer Comparison of Karnavati Polyblends Private Limited

Karnavati Polyblends Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nexxa Compounds Private Limited₹45.15 Cr (FY 2025)••••••••8.0%••••Delhi, India
Uma Cosmoplastics Pvt Ltd₹44.67 Cr (FY 2025)••••••••-20.0%••••Kolkata, West Bengal, India
Kelsey Industries Private Limited₹44.19 Cr (FY 2025)••••••••192.0%••••Vapi, Gujarat, India
Chandresh Marketing Pvt Ltd₹44.19 Cr (FY 2024)••••••••16.0%••••Kadi, Gujarat, India
Attitude Life Science Products Private Limited₹43.68 Cr (FY 2024)••••••••-2.0%••••Pune, Maharashtra, India
Karnavati Polyblends Private Limited this company₹43.34 Cr (FY 2024)••••••••3.0%••••Ahmedabad, Gujarat, India
Shri Ram Laminators Private Limited₹43.31 Cr (FY 2025)••••••••5.0%••••Wazirpur, Delhi, India
M.N.Polyester (India) Private Limited₹43.27 Cr (FY 2024)••••••••17.0%••••Coimbatore, Tamil Nadu, India
Dhara Petrochemicals Private Limited₹43.04 Cr (FY 2020)••••••••-18.0%••••Vadodara, Gujarat, India
Ruia Chemicals Pvt Ltd₹42.89 Cr (FY 2025)••••••••5.0%••••Kolkata, West Bengal, India
SCJ Plastics Private Limited₹42.88 Cr (FY 2025)••••••••50.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Karnavati Polyblends by revenue in the Manufacturing industry (Plastics and Resins), 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 Karnavati Polyblends Private Limited

Karnavati Polyblends Private Limited is audited by Patel & Patel Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
Patel & Patel AssociatesLockedLockedLocked
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Ownership and Shareholding of Karnavati Polyblends Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Karnavati Polyblends Private Limited

Open charges
₹2.03 Cr
Satisfied charges
₹16.38 Cr
Breakdown by lending institutions
Others₹1.72 Cr
Hdfc Bank Limited₹0.31 Cr
Latest charge details
DateLenderAmountStatus
22 Aug 2024Others₹78 LakhOpen
29 Jun 2024Others₹94 LakhOpen
30 May 2023Hdfc Bank Limited₹11.04 LakhOpen
22 Jun 2022Hdfc Bank Limited₹20 LakhOpen
23 Nov 2022Others₹2.44 CrSatisfied

Total charge records: 16 View all charges

MSME Payment Delays by Karnavati Polyblends Private Limited

Karnavati Polyblends Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 48 overdue payments to 13 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 13)

SupplierAmount dueDue sinceReported on
Makwell Plastisizers Private Limited••••••••••••
Meghmani Pigments••••••••••••
an individual supplier••••••••••••
Shree Matangi Woven Sack Private Limited••••••••••••
Aroma Organics Ltd••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Karnavati Polyblends Private Limited

Karnavati Polyblends Private Limited has a workforce of 11 employees as of Apr 04, 2024.

Employee count
11
Active EPFO establishments
1
Employee growth
-62.07%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Karnavati Polyblends Private Limited

Karnavati Polyblends Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Raj Jignesh Mehta was appointed as Director on 14 Dec 2015.

AGM
Karnavati Polyblends Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karnavati Polyblends Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 10 Jul 2009 via Charge ID 10171236 with Others was fully satisfied on 12 Dec 2024.
Charges
A charge registered on 23 Nov 2022 via Charge ID 100648849 with Others was fully satisfied on 10 Dec 2024.
Charges
A charge with Others amounted to Rs. 78.00 Lakh with Charge ID 100972494 was registered on 22 Aug 2024.
Charges
A charge registered on 23 Jun 2020 via Charge ID 100348778 with Others was fully satisfied on 25 Jul 2024.
Charges
A charge with Others amounted to Rs. 94.00 Lakh with Charge ID 100947457 was registered on 29 Jun 2024.
Charges
A charge registered on 29 Apr 2019 via Charge ID 100262112 with Others was fully satisfied on 04 Nov 2023.
Charges
A charge registered on 02 Feb 2019 via Charge ID 100239626 with Others was fully satisfied on 04 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.04 Lakh with Charge ID 100749716 was registered on 30 May 2023.
Charges
A charge with Others amounted to Rs. 244.00 Lakh with Charge ID 100648849 was registered on 23 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100873835 was registered on 22 Jun 2022.

27 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Karnavati Polyblends Private Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of Karnavati Polyblends Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Karnavati Polyblends Private Limited

Karnavati Polyblends has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACK9111D1Z2GujaratActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Karnavati Polyblends Private Limited

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MCA filings and documents

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Frequently Asked Questions about Karnavati Polyblends Private Limited

Karnavati Polyblends is an active private limited company based in Ahmedabad, Gujarat, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 08 July 1997 (29+ years old) and is registered under CIN U25200GJ1997PTC032628.

Karnavati Polyblends reported revenue of ₹43.34 Cr for FY 2024 (up 3% YoY).

Karnavati Polyblends has 3 current directors:

Karnavati Polyblends reported a net loss of ₹1.27 Cr (net margin -2.9%) and EBITDA of ₹2.07 Cr (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Karnavati Polyblends is 6% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Karnavati Polyblends is 24AAACK9111D1Z2, registered in Gujarat.

The CIN (Corporate Identification Number) of Karnavati Polyblends is U25200GJ1997PTC032628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karnavati Polyblends has 2 court cases on record: 2 filed by the company.

Karnavati Polyblends was incorporated on 08 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Karnavati Polyblends by revenue are Nexxa Compounds Private Limited, Uma Cosmoplastics Pvt Ltd, Kelsey Industries Private Limited, Chandresh Marketing Pvt Ltd, Attitude Life Science Products Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).

Raj Jignesh Mehta was appointed as Director on 14 Dec 2015. Vimisha Kalpesh Mehta ceased to be Director on 31 Mar 2014. Yashika Jignesh Mehta was appointed as Director on 15 Sep 2003. Karnavati Polyblends has 4 board changes on record in total.

Yes, Karnavati Polyblends is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0067299).

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