- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0100409

Makvega Polymers Private Limited
About Makvega Polymers Private Limited
Data last updated:
Makvega Polymers Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 18 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2015PTC098095. Its GSTIN is 36AAKCM2819A2ZP (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Palli Reddy Nithyananda and Sreenivasa Palli Reddy.
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 Plot No. 16/B Sy. No.79 Gajularamaram Village Phase – IV Ida Jeedimetla, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.4 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Lakh (net margin 0.4%) and EBITDA of ₹25.33 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.3 Cr on record.
Makvega Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0100409). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Makvega Polymers
Contact details
Makvega Polymers Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 16/B Sy. No.79 Gajularamaram Village Phase – IV Ida Jeedimetla, Hyderabad, Telangana, India – 500055
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Makvega Polymers 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 Makvega Polymers 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 Makvega Polymers Private Limited, buy the company report.
Financials of Makvega Polymers Private Limited
FY 2025 filings availableMakvega Polymers Private Limited reported revenue of ₹5.4 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 11% 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 |
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| EBITDA | ₹25.33 Lakh | ||||
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| Net Profit (PAT) | ₹2.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Makvega Polymers Private Limited, buy the company report.
Board of directors of Makvega Polymers Private Limited
Makvega Polymers 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 |
|---|---|---|---|---|
| Palli Reddy Nithyananda Also directs: Milkyplus Foods Private Limited, Gayathri Milk Dairy Private Limited, Finest Dairy Craft LLP and 2 more | Director | 18 Mar 2015 | 11 Years 7 Months | Current |
| Sreenivasa Palli Reddy | Director | 29 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Makvega Polymers Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Polymers, Woven 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taratarini Polymers Private Limited | ₹5.46 Cr (FY 2024) | 60.0% | Bhubaneswar, Odisha, India | |||
| Asra Polymers Pvt Ltd | ₹5.44 Cr (FY 2025) | -7.0% | Narsinghpur, Madhya Pradesh, India | |||
| Gayatri Plastics Pvt Ltd | ₹5.41 Cr (FY 2024) | -4.0% | Vadodara, Gujarat, India | |||
| Makvega Polymers Private Limitedthis company | ₹5.4 Cr (FY 2024) | ₹2.18 Lakh | 0.4% | -8.0% | Hyderabad, Telangana, India | |
| Maanik Polymers Private Limited | ₹5.34 Cr (FY 2024) | -21.0% | Daman, Daman and Diu, India | |||
| Hyderabad Polymers Pvt Ltd | ₹5.34 Cr (FY 2025) | 4194.0% | Jeedimetla, Hyderabad-500 055, Telangana, India | |||
| Sri Vijayalakshmi Polymers (Rajapalayam) Private Limited | ₹5.32 Cr (FY 2025) | -5.0% | Rajapalayam, Tamil Nadu, India |
To see the full peer comparison of Makvega Polymers Private Limited, buy the company report.
Auditor
Makvega Polymers Private Limited is audited by M M REDDY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M REDDY & CO | FY 2023 | 010371S |
Shareholding
The shareholding of Makvega Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Makvega Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2022 | 100587066 | State Bank of India | ₹1.3 Cr | Open | |
| 23 Mar 2020 | 100336549 | State Bank of India | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Makvega Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Makvega Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makvega Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCM2819A2ZP | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Makvega Polymers Private Limited, buy the company report.
Recent activity
Makvega Polymers Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Sankara Reddy Thurpinti ceased to be Director on 29 Aug 2016.
Frequently asked questions
Makvega Polymers is an active private limited company based in Hyderabad, Telangana, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 18 March 2015 (11+ years old) and is registered under CIN U74900TG2015PTC098095.
Makvega Polymers has 2 current directors:
- Palli Reddy Nithyananda - Director
- Sreenivasa Palli Reddy - Director
The latest financial statements of Makvega 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 Makvega Polymers is 36AAKCM2819A2ZP, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Makvega Polymers is U74900TG2015PTC098095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makvega Polymers was incorporated on 18 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Makvega Polymers by revenue are Taratarini Polymers Private Limited, Asra Polymers Pvt Ltd, Gayatri Plastics Pvt Ltd, Maanik Polymers Private Limited, Hyderabad Polymers Pvt Ltd and 1 more, all in the Packaging industry (Polymers, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sankara Reddy Thurpinti ceased to be Director on 29 Aug 2016. Sreenivasa Palli Reddy was appointed as Director on 29 Aug 2016. Palli Reddy Nithyananda was appointed as Director on 18 Mar 2015. Makvega Polymers has 4 board changes on record in total.
Yes, Makvega Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0100409).
The registered office of Makvega Polymers is at Plot No. 16B Sy. No.79 Gajularamaram Village Phase – IV Ida Jeedimetla, Hyderabad, Telangana, India – 500055.
Makvega Polymers operates in the packaging industry, in the woven packaging products segment.

