About Kushal Polysacks Private Limited
Data last updated:
Kushal Polysacks Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the dredging and marine engineering services segment of the infrastructure and utilities sector. It was incorporated on 10 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U21113WB1996PTC081714. Its GSTIN is 19AABCK3920D1ZV (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5.12 Cr. It is led by directors including Parimal Jalan and Komal Agarwal.
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 16 G.C. Avenue Gandhi House 6th Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.53 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 6.9%) and EBITDA of ₹6.71 Cr (EBITDA margin 40.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 18% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹99.74 Cr and satisfied charges of ₹282.82 Cr on record. Court records list 46 cases involving the company, including 35 filed by the company and 11 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kushalgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address16 G.C. Avenue Gandhi House 6th Floor, Kolkata, West Bengal, India – 700013
- IndustryInfrastructure and Utilities, Dredging & Marine Engineering Services
- 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 Kushal Polysacks Private Limited
The main business activities of Kushal Polysacks are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Kushal Polysacks Private Limited FY 2025 filings available
Kushal Polysacks Private Limited reported revenue of ₹16.53 Cr (up 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kushal Polysacks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 62% growth in the latest year. EBITDA fell 7% 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 Kushal Polysacks 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 | ₹6.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.14 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 Kushal Polysacks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.9% | •••• | •••• | •••• | •••• |
| 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 Kushal Polysacks 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 Kushal Polysacks Private Limited
Kushal Polysacks Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Dredging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meka Dredging Company Private Limited | ₹26.58 Cr (FY 2017) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Adel Shipping & Logistics Limited | ₹26.33 Cr (FY 2022) | •••• | •••• | 65.0% | •••• | Mumbai, Maharashtra, India |
| Aum Dredging Services Private Limited | ₹26.02 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Rajkot, Gujarat, India |
| Bhoir Offshore Private Limited | ₹23.73 Cr (FY 2016) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Arihant Dredging Developers Private Limited | ₹17.22 Cr (FY 2024) | •••• | •••• | 106.0% | •••• | Kolkata, West Bengal, India |
| Kushal Polysacks Private Limited this company | ₹16.53 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Kolkata, West Bengal, India |
| Siddarth Garwin Construction Private Limited | ₹15.76 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Jevan Dredging Limited | ₹14.86 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Gandhidham, Gujarat, India |
| BSP Hydro Dredging Works Private Limited | ₹14.43 Cr (FY 2024) | •••• | •••• | 258.0% | •••• | Bhimavaram, Andhra Pradesh, India |
| RSC Dredging Ventures Private Limited | ₹14.06 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Thane, Maharashtra, India |
| Riverine Dredging (India) Limited | ₹12.13 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Kushal Polysacks by revenue in the Infrastructure industry (Dredging), 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 Kushal Polysacks Private Limited
Kushal Polysacks Private Limited is audited by Chhaparia & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chhaparia & Associates | 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 Kushal Polysacks Private Limited
Kushal Polysacks has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parimal Jalan | Director | 25 Sep 2023 | 3 Years 0 Months | Current |
| Komal Agarwal | Director | 03 Sep 2025 | 1 Years 1 Months | Current |
| Yashita Agarwal | Director | 15 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Kushal Polysacks 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 Kushal Polysacks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2025 | Others | ₹81 Lakh | Open |
| 07 Mar 2024 | Others | ₹9.75 Cr | Open |
| 01 Oct 2020 | Axis Bank Limited | ₹3.96 Cr | Open |
| 29 Nov 2018 | Others | ₹77.46 Lakh | Open |
| 29 Sep 2010 | State Bank of India | ₹84.45 Cr | Open |
Total charge records: 18 View all charges
Legal Cases of Kushal Polysacks Private Limited
Kushal Polysacks Private Limited has 46 court cases on record: 35 filed by Kushal Polysacks, 11 filed against it. 15 cases are pending and 31 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 2 | 6 |
| District courts | 15 | 2 | 8 |
| NCLAT | 7 | 7 | 0 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CRR) | Filed by the company against Balaji Polysacks Pvt Ltd | Pending |
| District court, Purulia, West Bengal | Civil suit | Filed by the company against Storage Technologies and Automation Limited | Pending |
| Calcutta High Court | Court case (CO) | Filed by the company against Samarth Fablon Private Limited | Pending |
| Calcutta High Court | Court case (CO) | Filed by the company against Shree Ram Electrocast (Jharkhand) Private Limited | Pending |
| Calcutta High Court | Court case (CRR) | Filed against the company by Ambuja Housing and Urban Infrastructure Company Limited | Pending |
Full case history
All 46 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 Kushal Polysacks Private Limited
Kushal Polysacks Private Limited has a workforce of 14 employees as of Apr 06, 2024.
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.
Group Structure of Kushal Polysacks Private Limited
Kushal Polysacks has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Kushal Polysacks Private Limited
Kushal Polysacks Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Komal Agarwal ceased to be Additional Director on 19 Nov 2025.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kushal Polysacks 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 Kushal Polysacks 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 Kushal Polysacks 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 Kushal Polysacks Private Limited
Kushal Polysacks has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCK3920D1ZV | West Bengal | Active | 01 Jul 2017 |
| 20AABCK3920D1ZC | Jharkhand | 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 Kushal Polysacks 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 Kushal Polysacks Private Limited
Kushal Polysacks is an active private limited company based in Kolkata, West Bengal, India. The company works in dredging and marine engineering services, within the infrastructure and utilities industry. It was incorporated on 10 October 1996 (30+ years old) and is registered under CIN U21113WB1996PTC081714.
Kushal Polysacks reported revenue of ₹16.53 Cr for FY 2025 (up 62% YoY).
Kushal Polysacks has 3 current directors:
- Parimal Jalan - Director
- Komal Agarwal - Director
- Yashita Agarwal - Director
Kushal Polysacks reported a net profit of ₹1.14 Cr (net margin 6.9%) and EBITDA of ₹6.71 Cr (EBITDA margin 40.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kushal Polysacks is 13% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kushal Polysacks is 19AABCK3920D1ZV, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AABCK3920D1ZC (Jharkhand).
The CIN (Corporate Identification Number) of Kushal Polysacks is U21113WB1996PTC081714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushal Polysacks has 46 court cases on record: 35 filed by the company and 11 filed against it. 15 are pending. Most are in the high courts.
Kushal Polysacks was incorporated on 10 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Kushal Polysacks by revenue are Meka Dredging Company Private Limited, Adel Shipping & Logistics Limited, Aum Dredging Services Private Limited, Bhoir Offshore Private Limited, Arihant Dredging Developers Private Limited and 5 more, all in the Infrastructure industry (Dredging).
Komal Agarwal ceased to be Additional Director on 19 Nov 2025. Yashita Agarwal ceased to be Additional Director on 29 Sep 2025. Komal Agarwal was appointed as Director on 03 Sep 2025. Kushal Polysacks has 13 board changes on record in total.