India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,673 Arjun Jindal & family ₹1,100 Cr
Revenue · FY 2024
₹909.12 Cr
▲ 5% YoY
Net profit · FY 2024
₹39.9 Cr
Net margin 4.4%
EBITDA · FY 2024
₹67.01 Cr
EBITDA margin 7.4%
Authorised capital
₹26 Cr
Registered with MCA
Paid-up capital
₹24.31 Cr
Issued & subscribed
Open charges
₹208.39 Cr
Satisfied ₹277.71 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
216
Provident fund records
About Machino Polymers Limited
Data last updated:
Machino Polymers Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 September 1996 and has been in existence for over 30 years.
Its director Arjun Jindal and family are #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U25201WB1996PLC230863. Its GSTIN is 06AABCM9618E1ZJ (Haryana). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹24.31 Cr. It was formerly known as Machino Montell India Limited and Machino-Basell India Limited. It is led by directors including Arjun Jindal (Managing Director) and Rajesh Duggal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8A Alipore Road Kolkata West Bengal – 700027, West Bengal, India – 700027.
As per the financials filed for FY 2024, the company reported a revenue of ₹909.12 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹39.9 Cr (net margin 4.4%) and EBITDA of ₹67.01 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 8% over five years.
The company has about 216 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Machino Polymers. As per MCA filings, the company has open charges of ₹208.39 Cr and satisfied charges of ₹277.71 Cr on record. Court records list 60 cases involving the company, including 43 filed by the company and 17 filed against it; 5 cases are pending. The company has 28 deals on record (25 secondary share transfers, 3 funding rounds), with disclosed funding of ₹14.2 Cr; the latest was in January 2019. Its 10 peer companies in the Automobiles industry (Auto Ancillary, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Allison Transmission India Private Limited with revenue of ₹933.83 Cr. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,421 overdue payments to 65 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 machinopolymers.com.
Company Details of Machino Polymers Limited
CIN U25201WB1996PLC230863
Registration Number 230863
Incorporation Date 30 September 1996
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Name History of Machino Polymers Limited
Machino Polymers has undergone 2 name changes throughout its history. The company was previously known as Machino Montell India Limited, and Machino-Basell India Limited. The current legal name is Machino Polymers Limited.
| Company Name | Status |
|---|---|
| Machino Polymers Limited | Current |
| Machino Montell India Limited | Previous |
| Machino-Basell India Limited | Previous |
CIN History of Machino Polymers Limited
Machino Polymers has one previous CIN (Corporate Identification Number): U25201HR1996PLC033306. The current CIN is U25201WB1996PLC230863, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25201WB1996PLC230863 | Current |
| U25201HR1996PLC033306 | Previous |
Recognitions & Rankings of Machino Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address8A Alipore Road Kolkata West Bengal – 700027, West Bengal, India – 700027
- IndustryAutomotive, Auto Parts & Components
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Associated Brands with Machino Polymers Limited
Machino Polymers operates one associated brand: Machino Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polypropylene composite materials and alloys are manufactured by Machino Polymers Limited for the automotive industry in India. | machinopolymers.com |
Business Activity of Machino Polymers Limited
The main business activity of Machino Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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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 Machino Polymers Limited FY 2024 filings available
Machino Polymers Limited reported revenue of ₹909.12 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹909.12 Cr ▲ 5%
Net profit · FY 2024
₹39.9 Cr margin 4.4%
EBITDA · FY 2024
₹67.01 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR) of Machino Polymers Limited
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 31%
5 years · compounded
▲ 8%
EBITDA CAGR growth
3 years · compounded
▲ 51%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 5% growth 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 Machino Polymers Limited
| 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 | ₹67.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.9 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 Machino Polymers Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Machino Polymers are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Machino Polymers Limited
Machino Polymers has 8 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Sethi Also directs: Machino Polymers India Private Limited, J. K. Cement Limited., Heritage Finlease Limited and 1 more | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
| Arjun Jindal Also directs: Machino Polymers India Private Limited, Machino Media Private Limited, Machino Finance Pvt Ltd and 5 more | Managing Director | 16 Jan 2007 | 19 Years 9 Months | Current |
| Rajesh Duggal | Whole-Time Director | 20 Jun 2021 | 5 Years 4 Months | Current |
| Shradha Jindal | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Asesh Jyoti Dutta Also directs: Machino Polymers India Private Limited, Machino Techno Sales Limited, Apeejay Tea Limited and 5 more | Director | 01 Sep 2009 | 17 Years 1 Months | Current |
| Anoop Chaturvedi Also directs: Jay Ushin Limited | Director | 25 Apr 2023 | 3 Years 5 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer Comparison of Machino Polymers Limited
Machino Polymers Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary, 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 |
|---|---|---|---|---|---|---|
| Allison Transmission India Private Limited | ₹933.83 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Mahabal Metals Private Limited | ₹932.55 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Miraj, Maharashtra, India |
| Greentech Industries (India) Private Limited | ₹931.93 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Naidupet, Andhra Pradesh, India |
| Atc Tires Ap Private Limited | ₹929.62 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Anakapalle, Andhra Pradesh, India |
| Ralson (India) Limited | ₹924.8 Cr (FY 2021) | •••• | •••• | 16.0% | •••• | Ludhiana, Punjab, India |
| Machino Polymers Limited this company | ₹909.12 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Track Components Limited | ₹906.62 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Surin Automotive Private Limited | ₹899.44 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Daechang India Seat Company Private Limited | ₹896.06 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Precision Camshafts Limited Listed | ₹894.94 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | North Solapur, Maharashtra, India |
| Harita Seating Systems Limited Listed | ₹892.6 Cr (FY 2018) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Machino Polymers by revenue in the Automobiles industry (Auto Ancillary, 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 Machino Polymers Limited
Machino Polymers Limited is audited by J.C. Bhalla & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.C. Bhalla & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Machino Polymers Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Machino Polymers Limited
Open charges
₹208.39 Cr
Satisfied charges
₹277.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2025 | Hdfc Bank Limited | ₹1.45 Cr | Open |
| 20 Mar 2024 | Yes Bank Limited | ₹35 Cr | Open |
| 02 May 2023 | Axis Bank Limited | ₹35 Lakh | Open |
| 26 Apr 2022 | Others | ₹35 Cr | Open |
| 08 Jan 2021 | Hdfc Bank Limited | ₹26.29 Lakh | Open |
Total charge records: 23 View all charges
Deals & Funding of Machino Polymers Limited
Machino Polymers Limited has 28 deals on record (25 secondary share transfers, 3 funding rounds), with disclosed funding of ₹14.2 Cr; the latest was in January 2019.
Total deals
28
Secondary share transfers
25
Funding rounds
3
Disclosed funding
₹14.2 Cr
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round | ₹4.5 Cr | Investors: Machino Media Private Limited |
| Feb 2015 | Funding round | ₹4.5 Cr | Investors: Machino Techno Sales Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Grupo Antolin Chakan Private Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Machino Finance Pvt Ltd , an individual Seller: Grupo Antolin Chakan Private Limited |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Machino Transport Priavte Limited, Machino Finance Pvt Ltd , 2 individuals Seller: Machino Plastics Limited, an individual |
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Full deal history
All 28 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
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- Investors, buyers and sellers
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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 Machino Polymers Limited
Machino Polymers Limited has 60 court cases on record: 43 filed by Machino Polymers, 17 filed against it. 5 cases are pending and 55 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
60
Filed by the company
43
Filed against the company
17
Pending
5
Disposed
55
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 3 | 0 |
| High courts | 16 | 5 | 1 |
| NCLAT | 9 | 9 | 4 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Machino Finance Pvt Ltd | Pending |
| NCLAT, New Delhi | Company appeal | Filed against the company by Machino Finance Pvt Ltd | Pending |
| Madras High Court | Court case (COMP.A) | Filed against the company by Daejung Moparts Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Paradise Plastics Enterprises Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Paradise Plastics Enterprises Limited | Disposed |
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Full case history
All 60 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Machino Polymers Limited
Machino Polymers Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,421 overdue payments to 65 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 65)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shivanta JD Talc India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 17 MSME Form 1 returns is in the company report.
- Every reported supplier due
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Machino Polymers Limited
Machino Polymers Limited has a workforce of 216 employees as of Apr 06, 2024.
Employee count
216
Active EPFO establishments
1
Employee growth
11.34%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Machino Polymers Limited
Machino Polymers Limited has 27 board changes on record since 2007: 9 appointments and 18 cessations. The latest: Ratanlal Gaggar ceased to be Director on 05 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.45 Cr with Charge ID 101099040 was registered on 28 Apr 2025.
Charges
A charge registered on 30 Mar 2009 via Charge ID 10155129 with Allahabad Bank was fully satisfied on 29 Jan 2025.
Charges
A charge with Yes Bank Limited of Rs. 35.00 Cr registered on 20 Mar 2024 with Charge ID 100888650 was modified on 17 Jan 2025.
Charges
A charge registered on 27 May 2008 via Charge ID 10104209 with Standard Chartered Bank was fully satisfied on 10 Jan 2025.
AGM
Machino Polymers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ratanlal Gaggar ceased to be Director.
Filing
Machino Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Others of Rs. 35.00 Cr registered on 26 Apr 2022 with Charge ID 100577999 was modified on 28 Mar 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100888650 was registered on 20 Mar 2024.
Ceased
Anoop Chaturvedi ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100726740 was registered on 02 May 2023.
Appointed
Anoop Chaturvedi was appointed as Director.
65 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Machino Polymers Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of Machino Polymers Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Machino Polymers Limited
Machino Polymers has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
8
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCM9618E1ZJ | Haryana | Active | 01 Jul 2017 |
| 24AABCM9618E1ZL | Gujarat | Active | 01 Jul 2017 |
| 27AABCM9618E1ZF | Maharashtra | Active | 01 Jul 2017 |
| 33AABCM9618E1ZM | Tamil Nadu | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Machino Polymers Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Machino Polymers Limited
Machino Polymers is an active public limited company based in Kolkata, West Bengal, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 September 1996 (30+ years old) and is registered under CIN U25201WB1996PLC230863.
Machino Polymers reported revenue of ₹909.12 Cr for FY 2024 (up 5% YoY).
Machino Polymers has 8 current directors:
- Arjun Jindal - Managing Director
- Rajesh Duggal - Whole-Time Director
- Rakesh Sethi - Director
- Shradha Jindal - Director
- Asesh Jyoti Dutta - Director
- Anoop Chaturvedi - Director
- Inala Veerabhadra Rao - Director
- Raman Venkat Challa - Director
Machino Polymers reported a net profit of ₹39.9 Cr (net margin 4.4%) and EBITDA of ₹67.01 Cr (EBITDA margin 7.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Machino Polymers is 31% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Machino Polymers is 06AABCM9618E1ZJ, registered in Haryana. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCM9618E1ZL (Gujarat), 27AABCM9618E1ZF (Maharashtra), 33AABCM9618E1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Machino Polymers is U25201WB1996PLC230863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Machino Polymers has 60 court cases on record: 43 filed by the company and 17 filed against it. 5 are pending. Most are in the district courts.
Machino Polymers was incorporated on 30 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Machino Polymers has 28 deals on record (25 secondary share transfers, 3 funding rounds), with disclosed funding of ₹14.2 Cr; the latest was in January 2019.
The peers of Machino Polymers by revenue are Allison Transmission India Private Limited, Mahabal Metals Private Limited, Greentech Industries (India) Private Limited, Atc Tires Ap Private Limited, Ralson (India) Limited and 5 more, all in the Automobiles industry (Auto Ancillary, Polymers).
Ratanlal Gaggar ceased to be Director on 05 Apr 2024. Anoop Chaturvedi ceased to be Additional Director on 29 Sep 2023. Anoop Chaturvedi was appointed as Director on 25 Apr 2023. Machino Polymers has 27 board changes on record in total.