About Makarjyothi Polymers Private Limited
Data last updated:
Makarjyothi Polymers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 23 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25199PN2013PTC149905. Its GSTIN is 27AAJCM2316D1ZS (Maharashtra).
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.79 Cr. It is led by directors Rajasekaran Sukumaran Pillai and Usha Rajshekhran Pillai.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sect – 7 Plot 127 Pcntda MIDC Vishwaveshwar Chowk Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.19 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Cr (net margin -29%) and EBITDA of ₹23.01 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 18% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.05 Cr and satisfied charges of ₹4.59 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sovereignrubber.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSect – 7 Plot 127 Pcntda MIDC Vishwaveshwar Chowk Bhosari, Pune, Maharashtra, India – 411026
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Makarjyothi 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Makarjyothi Polymers Private Limited
FY 2025 filings availableMakarjyothi Polymers Private Limited reported revenue of ₹4.19 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 71% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹23.01 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹1.22 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.5% | |
| Net Profit Margin | -29% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Makarjyothi Polymers are in the company report.
: available in the company report
Board of Directors of Makarjyothi Polymers Private Limited
Makarjyothi Polymers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajasekaran Sukumaran Pillai | Director | 23 Dec 2013 | 12 Years 9 Months | Current |
| Usha Rajshekhran Pillai | Director | 23 Dec 2013 | 12 Years 9 Months | Current |
Peer Comparison
Makarjyothi Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nikshi Enterprises Private Limited | ₹4.21 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
| Turbonova Polymers Private Limited | ₹4.2 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Aurangabad, Maharashtra, India |
| Uppili Polymers Private Limited | ₹4.2 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Kumbakonam, Tamil Nadu, India |
| Saastha Plastics (India )Private Limited | ₹4.19 Cr (FY 2018) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Makarjyothi Polymers Private Limited this company | ₹4.19 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Ralphs Polymers Private Limited | ₹4.18 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Nutan Plastic Works Private Limited | ₹4.16 Cr (FY 2025) | •••• | •••• | 2532.0% | •••• | Mumbai, Maharashtra, India |
| Bhagwan Pushpadant Plastofab Private Limited | ₹4.16 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the companies nearest to Makarjyothi Polymers by revenue, above and below it, in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Makarjyothi Polymers Private Limited is audited by AJAY LOKHANDE & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AJAY LOKHANDE & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Others | ₹50 Lakh | Open |
| 08 Mar 2023 | Sidbi | ₹3.75 Cr | Open |
| 04 Oct 2022 | Others | ₹2.8 Cr | Open |
| 19 Jun 2020 | Others | ₹33.9 Lakh | Satisfied |
| 01 Feb 2019 | Others | ₹3.25 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance
Makarjyothi Polymers Private Limited has a workforce of 4 employees as of Apr 07, 2024.
: available in the company report
Recent Activity
Makarjyothi Polymers Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Rajasekaran Sukumaran Pillai was appointed as Director on 23 Dec 2013.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Makarjyothi Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM2316D1ZS | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Makarjyothi Polymers is an active private limited company based in Pune, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 23 December 2013 (13+ years old) and is registered under CIN U25199PN2013PTC149905.
Makarjyothi Polymers has 2 current directors:
- Rajasekaran Sukumaran Pillai - Director
- Usha Rajshekhran Pillai - Director
The latest financial statements of Makarjyothi Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Makarjyothi Polymers is 27AAJCM2316D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Makarjyothi Polymers is U25199PN2013PTC149905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makarjyothi Polymers was incorporated on 23 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Makarjyothi Polymers by revenue are Nikshi Enterprises Private Limited, Turbonova Polymers Private Limited, Uppili Polymers Private Limited, Saastha Plastics (India )Private Limited, Ralphs Polymers Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Rajasekaran Sukumaran Pillai was appointed as Director on 23 Dec 2013. Usha Rajshekhran Pillai was appointed as Director on 23 Dec 2013.
Makarjyothi Polymers can be reached through the website sovereignrubber.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Makarjyothi Polymers is at Sect – 7 Plot 127 Pcntda MIDC Vishwaveshwar Chowk Bhosari, Pune, Maharashtra, India – 411026.
Makarjyothi Polymers operates in the manufacturing industry, in the rubber-based products segment.