MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0063806
Mask Polymers Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹107.83 Cr
▲ 2% YoY
Net profit · FY 2025
₹5.29 Cr
Net margin 4.9%
EBITDA · FY 2025
₹13.16 Cr
EBITDA margin 12.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹9.5 Lakh
Issued & subscribed
Open charges
₹10.41 Cr
Satisfied ₹19.5 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
87
Provident fund records
About Mask Polymers Private Limited
Data last updated:
Mask 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 18 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28920MH1999PTC111940. Its GSTIN is 27AABCM2468A1ZT (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors including Rajaram Yadav Mhaske and Rajshree Rajesh Mhaaske.
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 Gat No. 109/110 Ambi Gaon Tal – Maval, Pune, Maharashtra, India – 412107.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.83 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹5.29 Cr (net margin 4.9%) and EBITDA of ₹13.16 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
The company has about 87 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mask Polymers. As per MCA filings, the company has open charges of ₹10.41 Cr and satisfied charges of ₹19.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Mask Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0063806). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maskpolymer.com.
Company Details of Mask Polymers Private Limited
CIN U28920MH1999PTC111940
Registration Number 111940
Incorporation Date 18 November 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0063806
Key People
Rajaram Yadav Mhaske Director Rajshree Rajesh Mhaaske Director Rajesh Rajaram Mhaske Director Recognitions & Rankings of Mask Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No. 109/110 Ambi Gaon Tal – Maval, Pune, Maharashtra, India – 412107
- IndustryManufacturing, Rubber-Based Products
Comprehensive company report
Mask Polymers Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
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- Legal cases, compliance and MCA filings
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Associated Brands with Mask Polymers Private Limited
Mask Polymers operates one associated brand: Mask Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures rubber moulded and bonded parts for automotive and industrial applications. | maskpolymer.com |
Business Activity of Mask Polymers Private Limited
The main business activity of Mask 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
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Financials of Mask Polymers Private Limited FY 2025 filings available
Mask Polymers Private Limited reported revenue of ₹107.83 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹107.83 Cr ▲ 2%
Net profit · FY 2025
₹5.29 Cr margin 4.9%
EBITDA · FY 2025
₹13.16 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR) of Mask Polymers Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 15%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 30%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 2% growth in the latest year. EBITDA rose 22% 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 Mask Polymers 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 | ₹13.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.29 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 Mask Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 Mask 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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Board of Directors of Mask Polymers Private Limited
Mask Polymers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajaram Yadav Mhaske | Director | 30 Mar 1999 | 27 Years 6 Months | Current |
| Rajshree Rajesh Mhaaske Also directs: Mask Staples LLP, Mask Rubber Products Private Limited | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Rajesh Rajaram Mhaske Also directs: Mask Staples LLP, Mask Polymers Insulators Private Limited, Mask Rubber Products Private Limited and 5 more | Director | 30 Mar 1999 | 27 Years 6 Months | Current |
| Ravina Rajesh Mhaske | Director | 06 Aug 2022 | 4 Years 2 Months | Current |
Peer Comparison of Mask Polymers Private Limited
Mask Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Polymers, Rubber Based 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 |
|---|---|---|---|---|---|---|
| Elpha Polychem Private Limited | ₹111.08 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Green Rubber Crumb Private Limited | ₹110.66 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Raigad, Maharashtra, India |
| Continental Conveyors Private Limited | ₹110.01 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurgaon, Haryana, India |
| Mahayaksha Polymers Private Limited | ₹109.9 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Injecto Polymers Limited | ₹109.8 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Mask Polymers Private Limited this company | ₹107.83 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Trident Rubber Private Limited | ₹106.46 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Daman and Diu, India |
| Tega Industries (Sez) Limited | ₹105.88 Cr (FY 2017) | •••• | •••• | -21.0% | •••• | Dahej, Gujarat, India |
| Alleppey Latex Pvt Ltd | ₹105.7 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Kottayam, Kerala, India |
| Matangi Rubber Limited | ₹104.76 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Century Industrial Products Private Limited | ₹104.47 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hooghly, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Mask Polymers by revenue in the Manufacturing industry (Polymers, Rubber Based 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 of Mask Polymers Private Limited
Mask Polymers Private Limited is audited by M. Y. MALHOTRA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. Y. MALHOTRA & 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 Mask Polymers Private 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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Charges & Borrowings of Mask Polymers Private Limited
Open charges
₹10.41 Cr
Satisfied charges
₹19.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2025 | Hdfc Bank Limited | ₹3.75 Cr | Open |
| 11 Jan 2023 | Hdfc Bank Limited | ₹2 Cr | Open |
| 13 Jan 2021 | Hdfc Bank Limited | ₹1.38 Cr | Open |
| 20 Mar 2020 | Hdfc Bank Limited | ₹3 Cr | Open |
| 21 Feb 2000 | Rupee Co-Op. Bank Ltd.; | ₹10.8 Lakh | Open |
Total charge records: 15 View all charges
Legal Cases of Mask Polymers Private Limited
Mask Polymers Private Limited has 3 court cases on record: 3 filed by Mask Polymers. 1 case is pending and 2 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Pragati Packaging Industries | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms.Pragati Packaging Industries | Disposed |
| District court, Pune, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against an individual | Disposed |
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Full case history
All 3 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.
Employees and EPFO Compliance at Mask Polymers Private Limited
Mask Polymers Private Limited has a workforce of 87 employees as of Oct 09, 2025.
Employee count
87
Active EPFO establishments
1
Employee growth
-1.14%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Mask Polymers Private Limited
Mask Polymers has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Associated companies
Recent Activity on Mask Polymers Private Limited
Mask Polymers Private Limited has 6 board changes on record since 1999: 4 appointments and 2 cessations. The latest: Ravina Rajesh Mhaske ceased to be Additional Director on 30 Sep 2022.
AGM
Mask Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mask Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 375.00 Lakh with Charge ID 101086462 was registered on 31 Mar 2025.
Charges
A charge registered on 24 Jul 2019 via Charge ID 100280084 with Axis Bank Limited was fully satisfied on 14 Nov 2024.
Charges
A charge registered on 05 Sep 2020 via Charge ID 100369117 with Hdfc Bank Limited was fully satisfied on 09 Oct 2024.
Charges
A charge registered on 20 Mar 2020 via Charge ID 100353021 with Hdfc Bank Limited was fully satisfied on 09 Oct 2024.
Charges
A charge registered on 07 Mar 2018 via Charge ID 100180915 with Hdfc Bank Limited was fully satisfied on 09 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100668981 was registered on 11 Jan 2023.
Ceased
Ravina Rajesh Mhaske ceased to be Additional Director.
Appointed
Ravina Rajesh Mhaske was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 138.00 Lakh with Charge ID 100408352 was registered on 13 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 114.00 Lakh with Charge ID 100369117 was registered on 05 Sep 2020.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mask Polymers Private Limited
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MSME Payment Delays by Mask Polymers Private Limited
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Subsidiaries & Group Companies of Mask Polymers Private 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 Mask Polymers Private Limited
Mask Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2468A1ZT | Maharashtra | 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 Mask Polymers Private Limited
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Frequently Asked Questions about Mask Polymers Private Limited
Mask 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 18 November 1997 (29+ years old) and is registered under CIN U28920MH1999PTC111940.
Mask Polymers reported revenue of ₹107.83 Cr for FY 2025 (up 2% YoY).
Mask Polymers has 4 current directors:
- Rajaram Yadav Mhaske - Director
- Rajshree Rajesh Mhaaske - Director
- Rajesh Rajaram Mhaske - Director
- Ravina Rajesh Mhaske - Director
Mask Polymers reported a net profit of ₹5.29 Cr (net margin 4.9%) and EBITDA of ₹13.16 Cr (EBITDA margin 12.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mask Polymers is 15% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mask Polymers is 27AABCM2468A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mask Polymers is U28920MH1999PTC111940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mask Polymers has 3 court cases on record: 3 filed by the company. 1 is pending.
Mask Polymers was incorporated on 18 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mask Polymers by revenue are Elpha Polychem Private Limited, Green Rubber Crumb Private Limited, Continental Conveyors Private Limited, Mahayaksha Polymers Private Limited, Injecto Polymers Limited and 5 more, all in the Manufacturing industry (Polymers, Rubber Based Products).
Ravina Rajesh Mhaske ceased to be Additional Director on 30 Sep 2022. Ravina Rajesh Mhaske was appointed as Director on 06 Aug 2022. Rajshree Rajesh Mhaaske was appointed as Director on 01 Apr 2009. Mask Polymers has 6 board changes on record in total.