About Lila Polymers Private Limited
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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 7 peer companies in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 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.
Company details
Contact details
Lila Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is lilapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address123 12th Floor Mittal Tower C, Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Lila Polymers Private Limited, buy the company report.
- 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
Brands
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 |
Business activity
The main business activity of Lila Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lila Polymers Private Limited, buy the company report.
Financials of Lila Polymers Private Limited
FY 2025 filings availableLila Polymers Private Limited reported revenue of ₹474.23 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.87 Cr | ||||
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| Net Profit (PAT) | ₹4.85 Cr | ||||
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Financial Ratios
| 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% | ||||
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To see the full financial statements and ratios of Lila Polymers Private Limited, buy the company report.
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 10 Months | Current |
| Deveshkumar Kanubhai Magia | Director | 25 Sep 2012 | 14 Years 1 Months | Current |
Peer comparison
Lila Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sukhesh Marketing Private Limited | ₹489.16 Cr (FY 2025) | -2.0% | Malegaon, 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 | |||
| Lila Polymers Private Limitedthis company | ₹474.23 Cr (FY 2025) | ₹4.85 Cr | 1% | -6.0% | 37 | 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 |
To see the full peer comparison of Lila Polymers Private Limited, buy the company report.
Auditor
Lila Polymers Private Limited is audited by Jatin G. Solanki & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jatin G. Solanki & Co. | FY 2023 | 113731W |
Shareholding
The shareholding of Lila 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 Lila Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2025 | 101038634 | Axis Bank Limited | ₹50 Lakh | Open | |
| 16 Dec 2024 | 101038631 | Axis Bank Limited | ₹25 Cr | Open | |
| 12 Sep 2023 | 100797006 | Others | ₹33 Cr | Open | |
| 27 Jan 2022 | 100539644 | Others | ₹15 Cr | Open | |
| 06 Apr 2017 | 100097956 | Yes Bank Limited | ₹22 Cr | Open |
To see the full charge records of Lila Polymers Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
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 |
To see the full deal history of Lila 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
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.
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 and 2 Ors. | Pending |
| Bombay High Court | Court case (NMCD) | Filed by the company against Varsha Corporation Limited and 2 Ors. | 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 Co.Ltd. | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Safeco Hygiene Films Private Ltd. and 2 others | Disposed |
To see the full case history of Lila 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.
Credit ratings & regulatory alerts
Lila Polymers Private Limited was last rated by Acuite on 17 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 17 Jun 2026 |
To see the full credit ratings and regulatory alerts of Lila Polymers Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Lila Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lila Polymers Private Limited has a workforce of 37 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Lila Polymers Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Jagdish Ranjit Tanna - Director
- Deveshkumar Kanubhai Magia - Director
The latest financial statements of Lila 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 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, Nagase India Private Limited, Meet Marketing (India) Private Limited, Bhuvi Petroleum Private Limited, Apra Innovative Private Limited and 2 more, all in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading).
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.
Lila Polymers 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 latest return was filed on 19 Apr 2024.
Lila Polymers can be reached through the website lilapolymers.com. Its registered office is in Mumbai, Maharashtra, India.