About Lila Polymers Private Limited
Data last updated:
Lila Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 24 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24134MH2002PTC138388. Its GSTIN is 27AAACL8784H1Z2 (Maharashtra). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹97.12 Lakh. It is led by directors Jagdish Ranjit Tanna and Deveshkumar Kanubhai Magia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹474.23 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.85 Cr (net margin 1%) and EBITDA of ₹10.87 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lila Polymers. As per MCA filings, the company has open charges of ₹131 Cr and satisfied charges of ₹73.39 Cr on record. Court records list 32 cases involving the company, including 31 filed by the company and 1 filed against it; 7 cases are pending. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹4.88 Cr; the latest was in March 2024. Its 10 peer companies in the Chemicals industry (Chemical Retail and Distribution, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Sukhesh Marketing Private Limited with revenue of ₹489.16 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 275 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lilapolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address123 12th Floor Mittal Tower C, Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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 Lila Polymers Private Limited
The main business activity of Lila 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 Lila Polymers Private Limited FY 2025 filings available
Lila Polymers Private Limited reported revenue of ₹474.23 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lila Polymers Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 26% 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 Lila 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 | ₹10.87 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.85 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 Lila Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Lila 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 Lila Polymers Private Limited
Lila Polymers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical 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 |
|---|---|---|---|---|---|---|
| Sukhesh Marketing Private Limited | ₹489.16 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Malegaon, Maharashtra, India |
| Shubhada Polymers Products Private Limited | ₹487.29 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Navi Mumbai, Maharashtra, India |
| Nagase India Private Limited | ₹486.98 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Meet Marketing (India) Private Limited | ₹486.91 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Changodar, Gujarat, India |
| B.K. Polimex India Private Limited | ₹474.4 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Lila Polymers Private Limited this company | ₹474.23 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Bhuvi Petroleum Private Limited | ₹470.61 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Apra Innovative Private Limited | ₹470.45 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Mumbai, Maharashtra, India |
| Moka Business Private Limited | ₹469.5 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Jaipur, Rajasthan, India |
| Asha Ram and Sons Private Limited | ₹465.83 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Goel Petro Energy Limited | ₹465.46 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Jammu, Jammu and Kashmir, India |
Peers are the five companies nearest above and the five nearest below Lila Polymers by revenue in the Chemicals industry (Chemical 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 Lila Polymers Private Limited
Lila Polymers Private Limited is audited by Jatin G. Solanki & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jatin G. Solanki & 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 Lila Polymers Private Limited
Lila Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Ranjit Tanna | Director | 24 Dec 2002 | 23 Years 9 Months | Current |
| Deveshkumar Kanubhai Magia | Director | 25 Sep 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Lila 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 Lila Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2025 | Axis Bank Limited | ₹50 Lakh | Open |
| 16 Dec 2024 | Axis Bank Limited | ₹25 Cr | Open |
| 12 Sep 2023 | Others | ₹33 Cr | Open |
| 27 Jan 2022 | Others | ₹15 Cr | Open |
| 06 Apr 2017 | Yes Bank Limited | ₹22 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Lila Polymers Private Limited
Lila Polymers Private Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹4.88 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Quest Profin Advisor Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Kellton Wealth Management LLP |
| Mar 2021 | Funding round | ₹51.1 Lakh | Investors: 2 individuals |
| Mar 2010 | Funding round | ₹50 Lakh | Investors: Quest Profin Advisor Private Limited |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Lila Polymers Private Limited
Lila Polymers Private Limited has 32 court cases on record: 31 filed by Lila Polymers, 1 filed against it. 7 cases are pending and 25 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 1 | 4 |
| High courts | 11 | 0 | 3 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed by the company against Varsha Corporation Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed by the company against Varsha Corporation Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Kadakia Plastics and Chemicals Pvt Ltd | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by The New India Assurance Company Limited | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Varsha Corporation Limited | Disposed |
Full case history
All 32 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.
MSME Payment Delays by Lila Polymers Private Limited
Lila Polymers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 275 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Desire Food & Beverages LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Lila Polymers Private Limited
Lila Polymers operates one associated brand: Lila Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributor of PVC, melamine, and other petrochemical products | lilapolymers.com |
Employees and EPFO Compliance at Lila Polymers Private Limited
Lila Polymers Private Limited has a workforce of 37 employees as of Mar 31, 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.
Recent Activity on Lila Polymers Private Limited
Lila Polymers Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Deveshkumar Kanubhai Magia ceased to be Additional Director on 30 Sep 2015.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lila 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.
Subsidiaries & Group Companies of Lila 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 Lila Polymers Private Limited
Lila Polymers has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL8784H1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACL8784H1Z8 | Gujarat | Active | 01 Jul 2017 |
| 26AAACL8784H2Z3 | Daman & Diu | Active | 01 Aug 2020 |
| 06AAACL8784H1Z6 | Haryana | Active | 12 Sep 2023 |
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 Lila 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 Lila Polymers Private Limited
Lila Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 24 December 2002 (24+ years old) and is registered under CIN U24134MH2002PTC138388.
Lila Polymers reported revenue of ₹474.23 Cr for FY 2025 (down 6% YoY).
Lila Polymers has 2 current directors:
- Jagdish Ranjit Tanna - Director
- Deveshkumar Kanubhai Magia - Director
Lila Polymers reported a net profit of ₹4.85 Cr (net margin 1%) and EBITDA of ₹10.87 Cr (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lila Polymers is -1% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lila Polymers is 27AAACL8784H1Z2, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACL8784H1Z8 (Gujarat), 26AAACL8784H2Z3 (Daman & Diu), 06AAACL8784H1Z6 (Haryana).
The CIN (Corporate Identification Number) of Lila Polymers is U24134MH2002PTC138388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lila Polymers has 32 court cases on record: 31 filed by the company and 1 filed against it. 7 are pending. Most are in the district courts.
Lila Polymers was incorporated on 24 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Lila Polymers has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹4.88 Cr; the latest was in March 2024.
The peers of Lila Polymers by revenue are Sukhesh Marketing Private Limited, Shubhada Polymers Products Private Limited, Nagase India Private Limited, Meet Marketing (India) Private Limited, B.K. Polimex India Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution, Polymers).
Deveshkumar Kanubhai Magia ceased to be Additional Director on 30 Sep 2015. Reshma Jagdish Tanna ceased to be Director on 10 Jan 2013. Deveshkumar Kanubhai Magia was appointed as Director on 25 Sep 2012. Lila Polymers has 4 board changes on record in total.