Maha Polymers India Private Limited
About Maha Polymers India Private Limited
Data last updated:
Maha Polymers India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2007PTC168140. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.07 Cr. It is led by directors Kunal Sudhir Ghate and Leo.
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 6 A Mahamaya Bhavan 2nd Floor G. Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.02 Lakh, a growth of 145% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr and EBITDA of -₹1.79 Cr. Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹40.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address6 A Mahamaya Bhavan 2nd Floor G. Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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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Business Activity of Maha Polymers India Private Limited
The main business activity of Maha Polymers India is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | 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 Maha Polymers India Private Limited FY 2024 filings available
Maha Polymers India Private Limited reported revenue of ₹26.02 Lakh (up 145% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maha Polymers India Private Limited
Revenue rose 145% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 29% 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 Maha Polymers India 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 | -₹1.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.96 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 Maha Polymers India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Maha Polymers India 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.
Board of Directors of Maha Polymers India Private Limited
Maha Polymers India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Sudhir Ghate Also directs: SNK Draintech India Private Limited | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Leo | Director | 24 Feb 2007 | 19 Years 7 Months | Current |
Peer Comparison of Maha Polymers India Private Limited
Maha Polymers India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, 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 |
|---|---|---|---|---|---|---|
| Ampultravolt Engineers Private Limited | ₹26.5 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Chennai, Tamil Nadu, India |
| Aqtek Systems Private Limited | ₹26.49 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Navi Mumbai, Maharashtra, India |
| Effon Appliances Private Limited | ₹26.46 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| Adgenic Communications Private Limited | ₹26.39 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Allahabad, Uttar Pradesh, India |
| Prodigy Secure India Private Limited | ₹26.31 Lakh (FY 2018) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Maha Polymers India Private Limited this company | ₹26.02 Lakh (FY 2025) | •••• | •••• | 145.0% | •••• | Mumbai, Maharashtra, India |
| Wonder Kitchen Interiors Private Limited | ₹25.97 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Ahmedabad, Gujarat, India |
| Anushank Polymers Private Limited | ₹25.97 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Axis Auto Components Private Limited | ₹25.94 Lakh (FY 2021) | •••• | •••• | -86.0% | •••• | Vanagaram Chennai, Tamil Nadu, India |
| Noida Electro Appliances Gallery Private Limited | ₹25.87 Lakh (FY 2018) | •••• | •••• | -63.0% | •••• | Delhi, India |
| Poddar Polymers Pvt. Ltd | ₹25.8 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Maha Polymers India by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, 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 Maha Polymers India Private Limited
Auditor information for Maha Polymers India Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Maha Polymers India 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 Maha Polymers India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2012 | Syndicate Bank | ₹2.7 Cr | Open |
| 18 Mar 2011 | Syndicate Bank | ₹1.53 Cr | Open |
| 23 May 2009 | Syndicate Bank | ₹48 Lakh | Open |
| 29 Mar 2008 | Syndicate Bank | ₹33.22 Cr | Open |
| 16 Jan 2008 | Syndicate Bank | ₹1.3 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Maha Polymers India Private Limited
Employment history and EPFO contributions of people linked to Maha Polymers India.
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.
Group Structure of Maha Polymers India Private Limited
Maha Polymers India has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Recent Activity on Maha Polymers India Private Limited
Maha Polymers India Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Kunal Sudhir Ghate ceased to be Additional Director on 30 Sep 2017.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maha Polymers India 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.
MSME Payment Delays by Maha Polymers India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maha Polymers India 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 Maha Polymers India Private Limited
Maha Polymers India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Maha Polymers India 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 Maha Polymers India Private Limited
Maha Polymers India is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 February 2007 (19+ years old) and is registered under CIN U25203MH2007PTC168140.
Maha Polymers India reported revenue of ₹26.02 Lakh for FY 2025 (up 145% YoY).
Maha Polymers India has 2 current directors:
- Kunal Sudhir Ghate - Director
- Leo - Director
Maha Polymers India reported a net loss of ₹1.96 Cr and EBITDA of -₹1.79 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maha Polymers India is -13% over three years and -12% over five years. In the latest year (FY 2025) revenue rose 145%. CAGR is the steady yearly rate that links the first and the last year.
No. Maha Polymers India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maha Polymers India is U25203MH2007PTC168140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maha Polymers India was incorporated on 24 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maha Polymers India by revenue are Ampultravolt Engineers Private Limited, Aqtek Systems Private Limited, Effon Appliances Private Limited, Adgenic Communications Private Limited, Prodigy Secure India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing, Polymers).
Kunal Sudhir Ghate ceased to be Additional Director on 30 Sep 2017. Kunal Sudhir Ghate was appointed as Director on 30 Mar 2017. Priyamvadha ceased to be Director on 30 Mar 2017. Maha Polymers India has 6 board changes on record in total.
The registered office of Maha Polymers India is at 6 A Mahamaya Bhavan 2nd Floor G. Road Mulund West, Mumbai, Maharashtra, India – 400080.