Kenrik Polymers Private Limited
About Kenrik Polymers Private Limited
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Kenrik Polymers Private Limited is a private limited company based in Talod, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2016PTC085818. Its GSTIN is 24AAGCK0558C1ZX (Gujarat).
The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Kamleshkumar Manilal Upadhyay (Managing Director) and Vatsal Shantilal Joshi.
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 Survey No. 160 Rayaniya Village Taluka: Talod, Gujarat, India – 383215.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.37 Lakh, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹2.61 Lakh (net margin -189.6%) and EBITDA of -₹2.61 Lakh (EBITDA margin -189.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has satisfied charges of ₹5.48 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSurvey No. 160 Rayaniya Village Taluka: Talod, Gujarat, India – 383215
- IndustryChemicals and Materials, Industrial Chemicals
- 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
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Financials of Kenrik Polymers Private Limited FY 2025 filings available
Kenrik Polymers Private Limited reported revenue of ₹1.37 Lakh (up 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kenrik Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 59% growth in the latest year. EBITDA rose 50% 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 Kenrik Polymers 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 | -₹2.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.61 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 Kenrik Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -189.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -189.6% | •••• | •••• | •••• | •••• |
| 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 Kenrik Polymers are in the company report.
Financial statements from FY 2016
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 Kenrik Polymers Private Limited
Kenrik Polymers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsal Shantilal Joshi | Director | 10 Oct 2019 | 7 Years 0 Months | Current |
| Kamleshkumar Manilal Upadhyay | Managing Director | 25 Jan 2016 | 10 Years 8 Months | Current |
Peer Comparison of Kenrik Polymers Private Limited
Kenrik Polymers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals, 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 |
|---|---|---|---|---|---|---|
| Khaniz Chemical Ltd | ₹1.41 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Shrishresht Chemicals Private Limited | ₹1.4 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Tanu Polymers Private Limited | ₹1.4 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Karnataka Terpene Chemicals Private Limited | ₹1.4 Lakh (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Aashka Bromine and Marine Chemicals Private Limited | ₹1.39 Lakh (FY 2025) | •••• | •••• | •••• | Gujarat, India | |
| Kenrik Polymers Private Limited this company | ₹1.37 Lakh (FY 2024) | •••• | •••• | 59.0% | •••• | Talod, Gujarat, India |
| Ridam Polymers Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| Ariel Polymers Private Limited | ₹1.36 Lakh (FY 2024) | •••• | •••• | 69.0% | •••• | Mumbai, Maharashtra, India |
| Saket Polymers Private Limited | ₹1.36 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Haldyn Polymers Private Limited | ₹1.34 Lakh (FY 2018) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Conti Metal Private Limited | ₹1.34 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Kenrik Polymers by revenue in the Chemicals industry (Industrial Chemicals, 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 Kenrik Polymers Private Limited
Kenrik Polymers Private Limited is audited by ARVIND V SHAH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARVIND V SHAH & 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.
Ownership and Shareholding of Kenrik 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 Kenrik Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2018 | Others | ₹5.48 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Kenrik Polymers Private Limited
Employment history and EPFO contributions of people linked to Kenrik 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 Kenrik Polymers Private Limited
Kenrik Polymers Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Kamalkumar Jitendrakumar Vyas ceased to be Director on 25 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Kenrik 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 Kenrik 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 Kenrik 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 Kenrik Polymers Private Limited
Kenrik Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCK0558C1ZX | Gujarat | Active | 01 Jul 2017 |
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 Kenrik 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 Kenrik Polymers Private Limited
Kenrik Polymers is an active private limited company based in Talod, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 January 2016 (10+ years old) and is registered under CIN U24100GJ2016PTC085818.
Kenrik Polymers reported revenue of ₹1.37 Lakh for FY 2024 (up 59% YoY).
Kenrik Polymers has 2 current directors:
- Kamleshkumar Manilal Upadhyay - Managing Director
- Vatsal Shantilal Joshi - Director
Kenrik Polymers reported a net loss of ₹2.61 Lakh (net margin -189.6%) and EBITDA of -₹2.61 Lakh (EBITDA margin -189.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kenrik Polymers is 3% over three years. In the latest year (FY 2024) revenue rose 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kenrik Polymers is 24AAGCK0558C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Kenrik Polymers is U24100GJ2016PTC085818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kenrik Polymers was incorporated on 25 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kenrik Polymers by revenue are Khaniz Chemical Ltd, Shrishresht Chemicals Private Limited, Tanu Polymers Private Limited, Karnataka Terpene Chemicals Private Limited, Aashka Bromine and Marine Chemicals Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals, Polymers).
Kamalkumar Jitendrakumar Vyas ceased to be Director on 25 May 2022. Vatsal Shantilal Joshi ceased to be Additional Director on 31 Dec 2020. Hanamant Venkappa Bennur ceased to be Director on 01 Nov 2019. Kenrik Polymers has 6 board changes on record in total.
The registered office of Kenrik Polymers is at Survey No. 160 Rayaniya Village Taluka: Talod, Gujarat, India – 383215.