About M G Polychem Industries Private Limited
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M G Polychem Industries Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL2012PTC232993. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Sunil Aggarwal and Sarita Gupta.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 45 (Basement) Pocket A – 8 Kalkaji Extn., New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.12 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹1.15 Cr (net margin -102.4%) and EBITDA of -₹55.76 Lakh (EBITDA margin -49.9%).
As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mgpolychem.in.
Company details
Contact details
M G Polychem Industries Private Limited's registered office is in New Delhi, Delhi. Its website is mgpolychem.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address45 (Basement) Pocket A – 8 Kalkaji Extn., New Delhi, Delhi, India – 110019
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of M G Polychem Industries 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
Business activity
The main business activity of M G Polychem Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of M G Polychem Industries Private Limited, buy the company report.
Financials of M G Polychem Industries Private Limited
FY 2016 filings availableM G Polychem Industries Private Limited reported revenue of ₹1.12 Cr (down 73% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA fell 256% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.12 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹55.76 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.15 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -49.9% | |
| Net Profit Margin | -102.4% | |
| 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 | ||
To see the full financial statements and ratios of M G Polychem Industries Private Limited, buy the company report.
Board of directors of M G Polychem Industries Private Limited
M G Polychem Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Aggarwal | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
| Sarita Gupta Also directs: Agni Metaworks Private Limited | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
Auditor
M G Polychem Industries Private Limited is audited by Praveen Khandelwal & Co for the financial year 2014.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Praveen Khandelwal & Co | FY 2014 |
Shareholding
The shareholding of M G Polychem Industries Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of M G Polychem Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2013 | 10455376 | Vijaya Bank | ₹2 Cr | Open | |
| 18 Sep 2013 | 10455377 | Vijaya Bank | ₹2.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
M G Polychem Industries Private Limited has 1 court case on record: 1 filed by M G Polychem Industries. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Khandelwal Caps and Closure Pvt Ltd | Disposed |
To see the full case history of M G Polychem Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M G Polychem Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M G Polychem Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of M G Polychem Industries Private Limited, buy the company report.
Recent activity
M G Polychem Industries Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Ganpat Lal Mehta ceased to be Director on 17 Jul 2013.
Frequently asked questions
M G Polychem Industries is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 March 2012 (14+ years old) and is registered under CIN U25209DL2012PTC232993.
M G Polychem Industries has 2 current directors:
- Sunil Aggarwal - Director
- Sarita Gupta - Director
The latest financial statements of M G Polychem Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. M G Polychem Industries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of M G Polychem Industries is U25209DL2012PTC232993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M G Polychem Industries has 1 court case on record: 1 filed by the company.
M G Polychem Industries was incorporated on 15 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Ganpat Lal Mehta ceased to be Director on 17 Jul 2013. Sarita Gupta was appointed as Director on 15 Mar 2012. Sunil Aggarwal was appointed as Director on 15 Mar 2012.
M G Polychem Industries can be reached through the website mgpolychem.in. Its registered office is in New Delhi, Delhi, India.
The registered office of M G Polychem Industries is at 45 Basement Pocket A – 8 Kalkaji Extn., New Delhi, Delhi, India – 110019.
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