Micro Poly Industrial Products P Ltd
About Micro Poly Industrial Products P Ltd
Data last updated:
Micro Poly Industrial Products P Ltd is a private limited company based in Chennai, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 14 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24117TN1996PTC034816. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as Micropoly Industrial Products Private Limited. It is led by directors Bala Ramasubramanian and Govindharajan Venkatesan Soundar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Door No.48/1 Narasingapuram 4th Street Maduvinkarai Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.08 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹22.98 Lakh (net margin -21.3%) and EBITDA of -₹16.39 Lakh (EBITDA margin -15.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹1.18 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Micro Poly Industrial Products P Ltd's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No.48/1 Narasingapuram 4th Street Maduvinkarai Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Micro Poly Industrial Products P Ltd, 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 Micro Poly Industrial Products P is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Micro Poly Industrial Products P Ltd, buy the company report.
Financials of Micro Poly Industrial Products P Ltd
FY 2020 filings availableMicro Poly Industrial Products P Ltd reported revenue of ₹1.08 Cr (down 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 33% fall in the latest year. EBITDA fell 238% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.08 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | -₹16.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.98 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.2% | ||||
| Net Profit Margin | -21.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Micro Poly Industrial Products P Ltd, buy the company report.
Board of directors of Micro Poly Industrial Products P Ltd
Micro Poly Industrial Products P has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindharajan Venkatesan Soundar Also directs: Shree Dhanyaa Poly Additives Private Limited | Additional Director | 07 Apr 2022 | 4 Years 6 Months | Current |
| Bala Ramasubramanian Also directs: Shree Dhanyaa Poly Additives Private Limited | Director | 14 Mar 1996 | 30 Years 7 Months | Current |
Peer comparison
Micro Poly Industrial Products P Ltd is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dezel 4U Private Limited | ₹1.09 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Sumadha LPG Bottling Private Limited | ₹1.08 Cr (FY 2025) | -42.0% | Bhopal, Madhya Pradesh, India | |||
| Micro Poly Industrial Products P Ltdthis company | ₹1.08 Cr (FY 2020) | -₹22.98 Lakh | -21.3% | -33.0% | Chennai, Tamil Nadu, India | |
| Raksh Chemicals Private Limited | ₹1.07 Cr (FY 2024) | -11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Micro Poly Industrial Products P Ltd, buy the company report.
Auditor
Micro Poly Industrial Products P Ltd is audited by PRASAD & SRINATH for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD & SRINATH | FY 2018 | 005826S |
Shareholding
The shareholding of Micro Poly Industrial Products P Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Micro Poly Industrial Products P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2005 | 90295166 | Syndicate Bank | ₹98 Lakh | Satisfied | |
| 30 Jun 2003 | 90294046 | Canara Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Micro Poly Industrial Products P Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Micro Poly Industrial Products P Ltd 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 Micro Poly Industrial Products P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Micro Poly Industrial Products P has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Micro Poly Industrial Products P Ltd, buy the company report.
Recent activity
Micro Poly Industrial Products P Ltd has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Govindharajan Venkatesan Soundar was appointed as Additional Director on 07 Apr 2022.
Frequently asked questions
Micro Poly Industrial Products P is an active private limited company based in Chennai, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 14 March 1996 (30+ years old) and is registered under CIN U24117TN1996PTC034816.
Micro Poly Industrial Products P has 2 current directors:
- Govindharajan Venkatesan Soundar - Additional Director
- Bala Ramasubramanian - Director
The latest financial statements of Micro Poly Industrial Products P on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Micro Poly Industrial Products P has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Micro Poly Industrial Products P is U24117TN1996PTC034816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Poly Industrial Products P was incorporated on 14 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Micro Poly Industrial Products P by revenue are Dezel 4U Private Limited, Sumadha LPG Bottling Private Limited, Raksh Chemicals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (retail trading).
Govindharajan Venkatesan Soundar was appointed as Additional Director on 07 Apr 2022. Ramasubramanian Krishnamurthy ceased to be Director on 08 Sep 2021. Sethuraman Ramasubramanian ceased to be Director on 08 Nov 2019. Micro Poly Industrial Products P has 4 board changes on record in total.
The registered office of Micro Poly Industrial Products P is at Door No.481 Narasingapuram 4th Street Maduvinkarai Guindy, Chennai, Tamil Nadu, India – 600032.
Micro Poly Industrial Products P operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Micro Poly Industrial Products P has no open charges and satisfied charges of ₹1.18 Cr as per latest MCA filings.
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