About Metro Polymers Private Limited
Data last updated:
Metro Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 23 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1996PTC096524. Its GSTIN is 27AABCM5866A1ZL (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Laxmi Keshavdas Gallani and Heman Pokardas Tilokani.
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 311 United Industrial Premises Mogal Lane Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹23.7 Lakh (net margin -6.5%) and EBITDA of -₹22.75 Lakh (EBITDA margin -6.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Metro Group of Companies. Court records list 10 cases involving the company, including 9 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metroplastics.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address311 United Industrial Premises Mogal Lane Mahim, Mumbai, Maharashtra, India – 400016
- IndustryConsumer Goods, Leather Goods 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
- One PDF report, delivered after checkout
Business Activity of Metro Polymers Private Limited
The main business activities of Metro Polymers are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Metro Polymers Private Limited FY 2025 filings available
Metro Polymers Private Limited reported revenue of ₹3.64 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Metro Polymers Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 49% 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 Metro 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 | -₹22.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.7 Lakh | •••• | •••• | •••• | •••• |
| 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 Metro Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.5% | •••• | •••• | •••• | •••• |
| 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 Metro Polymers 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.
Peer Comparison of Metro Polymers Private Limited
Metro Polymers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C & R Leather Fashion Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Suven Polymers Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| SVN Polymers Private Limited | •••• | •••• | •••• | •••• | - | Greaternoida, Uttar Pradesh, India |
| Patidar Polymers Pvt Ltd | •••• | •••• | •••• | •••• | 30 | Hyderabad, Telangana, India |
| TVL Hitech Polymers Private Limited | •••• | •••• | •••• | •••• | - | Uttaranchal, Uttarakhand, India |
| Metro Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sutran Polymers Pvt Ltd | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Mypol Polymers Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| R P Polymers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sri Sai Ram Polymers Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Banglore Polymers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Metro Polymers by revenue in the Consumer Products industry (Leather Goods Manufacturers, Polymers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Metro Polymers Private Limited
Metro Polymers Private Limited is audited by BAGRECHA RATHI AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAGRECHA RATHI AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Metro Polymers Private Limited
Metro Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Keshavdas Gallani | Director | 23 Jan 1996 | 30 Years 8 Months | Current |
| Heman Pokardas Tilokani Also directs: PG Hotels and Resorts Private Limited | Director | 23 Jan 1996 | 30 Years 8 Months | Current |
| Haresh Pokardas Tilokani Also directs: PG Hotels and Resorts Private Limited, Metro Gifts Pvt Ltd | Director | 23 Jan 1996 | 30 Years 8 Months | Current |
Ownership and Shareholding of Metro Polymers 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 Metro Polymers Private Limited
Metro Polymers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Metro Polymers Private Limited
Metro Polymers Private Limited has 10 court cases on record: 9 filed by Metro Polymers, 1 where it is another party. 1 case is pending and 9 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
| District courts | 3 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Tata Capital Housing Finance Limited and 4 others | Disposed |
| Madras High Court | Original application | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Company is another party | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Metro Polymers Private Limited
Metro Polymers operates one associated brand: Metro Group of Companies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of corporate gifts, luggage, and stationary products since 1968. | metroplastics.net |
Employees and EPFO Compliance at Metro Polymers Private Limited
Metro Polymers Private Limited has a workforce of 23 employees as of Apr 07, 2024.
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.
Recent Activity on Metro Polymers Private Limited
Metro Polymers Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Haresh Pokardas Tilokani was appointed as Director on 23 Jan 1996.
Credit Ratings, Litigation & Regulatory Alerts for Metro Polymers 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 Metro Polymers 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 Metro Polymers 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 Metro Polymers Private Limited
Metro Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM5866A1ZL | Maharashtra | Active | 01 Jul 2017 |
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 Metro Polymers 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 Metro Polymers Private Limited
Metro Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 23 January 1996 (30+ years old) and is registered under CIN U25209MH1996PTC096524.
Metro Polymers reported revenue of ₹3.64 Cr for FY 2025 (down 32% YoY).
Metro Polymers has 3 current directors:
- Laxmi Keshavdas Gallani - Director
- Heman Pokardas Tilokani - Director
- Haresh Pokardas Tilokani - Director
Metro Polymers reported a net loss of ₹23.7 Lakh (net margin -6.5%) and EBITDA of -₹22.75 Lakh (EBITDA margin -6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Metro Polymers is 12% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Metro Polymers is 27AABCM5866A1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Metro Polymers is U25209MH1996PTC096524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metro Polymers has 10 court cases on record: 9 filed by the company. 1 is pending. Most are in the high courts.
Metro Polymers was incorporated on 23 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Metro Polymers by revenue are C & R Leather Fashion Private Limited, Suven Polymers Private Limited, SVN Polymers Private Limited, Patidar Polymers Pvt Ltd, TVL Hitech Polymers Private Limited and 5 more, all in the Consumer Products industry (Leather Goods Manufacturers, Polymers).
Haresh Pokardas Tilokani was appointed as Director on 23 Jan 1996. Heman Pokardas Tilokani was appointed as Director on 23 Jan 1996. Laxmi Keshavdas Gallani was appointed as Director on 23 Jan 1996.