About Mandhana Polymers Private Limited
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Mandhana Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 28 January 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24130MH1988PTC046025. Its GSTIN is 24AABCM8444N1Z4 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Madhusudan Nandlall Mandhana (Whole-Time Director) and Kamalkishore Nandlal Mandhana.
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 40 Heer Mani Ratan Chs Bangur Nagar, Mumbai, Maharashtra, India – 400090.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.39 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹22.41 Lakh (net margin 1.5%) and EBITDA of ₹77.73 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mandhana Polymers. As per MCA filings, the company has open charges of ₹7.21 Cr and satisfied charges of ₹2.21 Cr on record. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in November 2014. Its 3 peer companies in the Machinery and Equipment industry (Plastic Based Products, Polymers, Process Machinery), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 1 smaller; the largest is K. D. Polymers Private Limited with revenue of ₹15.44 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mandhanapolymers.com.
Company details
Contact details
Mandhana Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is mandhanapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address40 Heer Mani Ratan Chs Bangur Nagar, Mumbai, Maharashtra, India – 400090
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Mandhana 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
Brands
Mandhana Polymers operates one associated brand: Mandhana Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plastic product manufacturing, including sheets, pipes, fittings, and fabrication services for various industries in India. | mandhanapolymers.com |
Business activity
The main business activity of Mandhana 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 Mandhana Polymers Private Limited, buy the company report.
Financials of Mandhana Polymers Private Limited
FY 2025 filings availableMandhana Polymers Private Limited reported revenue of ₹15.39 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹77.73 Lakh | ||||
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| Net Profit (PAT) | ₹22.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Mandhana Polymers Private Limited, buy the company report.
Board of directors of Mandhana Polymers Private Limited
Mandhana Polymers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalkishore Nandlal Mandhana | Director | 27 Dec 2003 | 22 Years 10 Months | Current |
| Madhusudan Nandlall Mandhana | Whole-Time Director | 11 May 1992 | 34 Years 5 Months | Current |
Peer comparison
Mandhana Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Plastic Based Products, Polymers, Process Machinery), 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 |
|---|---|---|---|---|---|---|
| K. D. Polymers Private Limited | ₹15.44 Cr (FY 2025) | -5.0% | Kanpur, Uttar Pradesh, India | |||
| Ramatirth Polypacks Products Private Limited | ₹15.4 Cr (FY 2022) | 25.0% | Mudhol, Karnataka, India | |||
| Mandhana Polymers Private Limitedthis company | ₹15.39 Cr (FY 2025) | ₹22.41 Lakh | 1.5% | -4.0% | 41 | Mumbai, Maharashtra, India |
| Shri Siddha Polymers & Packaging Private Limited | ₹15.33 Cr (FY 2025) | -6.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Mandhana Polymers Private Limited, buy the company report.
Auditor
Mandhana Polymers Private Limited is audited by S S R C A & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S R C A & CO. | FY 2023 | 108726W |
Shareholding
The shareholding of Mandhana 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Mandhana Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2020 | 100419999 | Others | ₹40 Lakh | Open | |
| 03 May 2019 | 100269625 | Others | ₹6.51 Cr | Open | |
| 12 Sep 2016 | 100054258 | Others | ₹30 Lakh | Open | |
| 17 Jul 1999 | 90163890 | Bharat Overseas Bank Ltd | ₹25 Lakh | Satisfied | |
| 28 Nov 1997 | 90163633 | Indian Overseas Bank | ₹1.96 Cr | Satisfied |
To see the full charge records of Mandhana Polymers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Mandhana Polymers Private Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in November 2014.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2014 | Rights issue | ₹67 Lakh | Investors: Nandlal Mandhana HUF, 3 individuals |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: Mandhana Finlease Private Limited Seller: Jagmandri Finvest Private Limited , Umang Housing Private Limited , Kim Electronics Industries Limited |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: Jagmandri Finvest Private Limited , Umang Housing Private Limited , Kim Electronics Industries Limited Seller: an individual |
To see the full deal history of Mandhana Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mandhana 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.
Credit ratings & regulatory alerts
Mandhana Polymers Private Limited was last rated by Brickwork on 31 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 31 Aug 2021 |
To see the full credit ratings and regulatory alerts of Mandhana Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mandhana Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mandhana Polymers Private Limited has a workforce of 41 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Mandhana Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM8444N1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mandhana Polymers Private Limited, buy the company report.
Recent activity
Mandhana Polymers Private Limited has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Madhusudan Nandlall Mandhana ceased to be Director on 23 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
Mandhana Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 28 January 1988 (38+ years old) and is registered under CIN U24130MH1988PTC046025.
Mandhana Polymers has 2 current directors:
- Madhusudan Nandlall Mandhana - Whole-Time Director
- Kamalkishore Nandlal Mandhana - Director
The latest financial statements of Mandhana 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 Mandhana Polymers is 24AABCM8444N1Z4, registered in Gujarat. 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 Mandhana Polymers is U24130MH1988PTC046025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandhana Polymers was incorporated on 28 January 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Mandhana Polymers has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in November 2014.
The peers of Mandhana Polymers by revenue are K. D. Polymers Private Limited, Ramatirth Polypacks Products Private Limited, Shri Siddha Polymers & Packaging Private Limited, all in the Machinery and Equipment industry (Plastic Based Products, Polymers, Process Machinery), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Madhusudan Nandlall Mandhana ceased to be Director on 23 Sep 2022. Nandlal Mohanlal Mandhana ceased to be Director on 15 Nov 2008. Nandlall Mohanlal Mandhana ceased to be Director on 15 Nov 2008. Mandhana Polymers has 5 board changes on record in total.
Mandhana Polymers can be reached through the website mandhanapolymers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mandhana Polymers is at 40 Heer Mani Ratan Chs Bangur Nagar, Mumbai, Maharashtra, India – 400090.
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