MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0138689
Spectrum Polymers Pvt Ltd - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.3 Cr
▼ 3% YoY
Net loss · FY 2024
₹4.86 Lakh
Net margin -2.1%
EBITDA · FY 2024
₹31,675
EBITDA margin 0.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.84 Lakh
Issued & subscribed
Open charges
₹37.9 Lakh
Secured borrowings
Company age
37 yrs
Est. 1989
Directors on board
3
As per MCA filings
About Spectrum Polymers Pvt Ltd
Data last updated:
Spectrum Polymers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial enzymes and biochemicals segment of the chemicals and materials sector. It was incorporated on 14 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24130MH1989PTC053470. Its GSTIN is 27AABCS1166K1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.84 Lakh. It is led by directors including Vivek Prahlad Naik and Nischal Prahlad Naik.
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 I – B Vaidhav Indestate Deonar Sion Trombay Rd, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.3 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹4.86 Lakh (net margin -2.1%) and EBITDA of ₹31,675 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company is associated with 1 brand: Spectrum Polymers. As per MCA filings, the company has open charges of ₹37.9 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Spectrum Polymers Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0138689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrumpolymers.co.in.
Company details
CIN U24130MH1989PTC053470
Registration Number 053470
Incorporation Date 14 September 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0138689
Key People
Vivek Prahlad Naik Director Sanjeev Prahlad Naik Additional Director Nischal Prahlad Naik Director Recognitions & Rankings of Spectrum Polymers
Contact details
Spectrum Polymers Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is spectrumpolymers.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressI – B Vaidhav Indestate Deonar Sion Trombay Rd, Mumbai, Maharashtra, India – 400088
- IndustryChemicals and Materials, Industrial Enzymes & Biochemicals
To see the full contact details of Spectrum Polymers Pvt Ltd, buy the company report.
Comprehensive company report
Spectrum Polymers Pvt Ltd - one report that includes everything
- 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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Brands
Spectrum Polymers operates one associated brand: Spectrum Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of adhesives, coatings, and modified starch for industrial sectors. | spectrumpolymers.co.in |
Business activity
The main business activity of Spectrum Polymers is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Spectrum Polymers Pvt Ltd, buy the company report.
Financials of Spectrum Polymers Pvt Ltd
FY 2025 filings availableSpectrum Polymers Pvt Ltd reported revenue of ₹2.3 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹2.3 Cr ▼ 3%
Net loss · FY 2024
₹4.86 Lakh margin -2.1%
EBITDA · FY 2024
₹31,675 margin 0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▲ 29%
5 years · compounded
▼ 46%
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 104% 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 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 | ₹31,675 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.86 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Spectrum Polymers Pvt Ltd, buy the company report.
Board of directors of Spectrum Polymers Pvt Ltd
Spectrum Polymers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Prahlad Naik Also directs: Sahyadri Starch and Chemicals Private Limited | Director | 14 Sep 1989 | 37 Years 1 Months | Current |
| Sanjeev Prahlad Naik Also directs: Sahyadri Starch and Chemicals Private Limited | Additional Director | 02 Sep 2020 | 6 Years 2 Months | Current |
| Nischal Prahlad Naik Also directs: Sahyadri Starch and Chemicals Private Limited | Director | 14 Sep 1989 | 37 Years 1 Months | Current |
Auditor
Spectrum Polymers Pvt Ltd is audited by B. SHANKAR & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. SHANKAR & CO. | FY 2022 | 049876 |
Shareholding
The shareholding of Spectrum Polymers Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spectrum Polymers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹37.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 1997 | 90216036 | Syndicate Bank | ₹11 Lakh | Open | |
| 31 Mar 1997 | 90218080 | Mashrea Bank | ₹6 Lakh | Open | |
| 26 Aug 1993 | 90217703 | Syndicate Bank | ₹3.75 Lakh | Open | |
| 02 Aug 1993 | 90217697 | Syndicate Bank | ₹4 Lakh | Open | |
| 31 Jul 1992 | 90216035 | Maharashtra State Financial Corporation | ₹13.15 Lakh | Open |
To see the full charge records of Spectrum Polymers Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Spectrum Polymers Pvt Ltd has 2 court cases on record: 2 filed by Spectrum Polymers. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Sterling Tapes Pvt Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against M/S. Sterling Tapes Pvt. Ltd. | Disposed |
To see the full case history of Spectrum Polymers Pvt Ltd, 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 Spectrum Polymers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spectrum Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS1166K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spectrum Polymers Pvt Ltd, buy the company report.
Recent activity
Spectrum Polymers Pvt Ltd has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Prahlad Ramachandra Naik ceased to be Director on 12 Apr 2023.
AGM
Spectrum Polymers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Spectrum Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Prahlad Ramachandra Naik ceased to be Director.
Appointed
Sanjeev Prahlad Naik was appointed as Additional Director.
Ceased
Sanjeev Prahlad Naik ceased to be Director.
Charges
A charge with Syndicate Bank amounted to Rs. 11.00 Lakh with Charge ID 90216036 was registered on 14 Nov 1997.
Charges
A charge with Mashrea Bank amounted to Rs. 6.00 Lakh with Charge ID 90218080 was registered on 31 Mar 1997.
Charges
A charge with Syndicate Bank of Rs. 4.00 Lakh registered on 02 Aug 1993 with Charge ID 90217697 was modified on 26 Dec 1995.
Charges
A charge with Syndicate Bank amounted to Rs. 3.75 Lakh with Charge ID 90217703 was registered on 26 Aug 1993.
Charges
A charge with Syndicate Bank amounted to Rs. 4.00 Lakh with Charge ID 90217697 was registered on 02 Aug 1993.
Charges
A charge with Maharashtra State Financial Corporation amounted to Rs. 13.15 Lakh with Charge ID 90216035 was registered on 31 Jul 1992.
Appointed
Nischal Prahlad Naik was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Spectrum Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial enzymes and biochemicals, within the chemicals and materials industry. It was incorporated on 14 September 1989 (37+ years old) and is registered under CIN U24130MH1989PTC053470.
Spectrum Polymers has 3 current directors:
- Vivek Prahlad Naik - Director
- Sanjeev Prahlad Naik - Additional Director
- Nischal Prahlad Naik - Director
The latest financial statements of Spectrum 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 Spectrum Polymers is 27AABCS1166K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spectrum Polymers is U24130MH1989PTC053470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Polymers has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Spectrum Polymers was incorporated on 14 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Prahlad Ramachandra Naik ceased to be Director on 12 Apr 2023. Sanjeev Prahlad Naik was appointed as Additional Director on 02 Sep 2020. Sanjeev Prahlad Naik ceased to be Director on 08 Apr 2019. Spectrum Polymers has 5 board changes on record in total.
Yes, Spectrum Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0138689).
Spectrum Polymers can be reached through the website spectrumpolymers.co.in. Its registered office is in Mumbai, Maharashtra, India.
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