Milind Polychem Private Limited

Milind Polychem Private Limited - chemicals and materials in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U24114DL2006PTC145780 Incorporated 02 February 2006 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2024
₹18.84 Cr
▼ 1% YoY
Net profit · FY 2024
₹15.04 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹34.33 Lakh
EBITDA margin 1.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.05 Lakh
Issued & subscribed
Open charges
₹38.7 Cr
Satisfied ₹7.6 Cr
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings

About Milind Polychem Private Limited

Data last updated:

Milind Polychem Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 February 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24114DL2006PTC145780. Its GSTIN is 07AAECM5491J1Z4 (Delhi). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.05 Lakh. It is led by directors including Manohar Lal Singla and Meenu Singla.

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 20 – B Road No. 72, Punjab.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.84 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹15.04 Lakh (net margin 0.8%) and EBITDA of ₹34.33 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹38.7 Cr and satisfied charges of ₹7.6 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.

Milind Polychem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0008824). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24114DL2006PTC145780
Registration Number 145780
Incorporation Date 02 February 2006
ROC Delhi
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 Small
Udyam Registration UDYAM-DL-06-0008824
Key People
Manohar Lal Singla Director Meenu Singla Director Milind Singla Director

Recognitions & Rankings of Milind Polychem

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-06-0008824

Contact details

Milind Polychem Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    20 – B Road No. 72, West Punjabi Bagh, New Delhi, Delhi, India – 110026
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Milind Polychem Private Limited, buy the company report.

Comprehensive company report
Milind Polychem Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Milind Polychem is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Milind Polychem Private Limited, buy the company report.

Financials of Milind Polychem Private Limited

FY 2025 filings available

Milind Polychem Private Limited reported revenue of ₹18.84 Cr (down 1% YoY) for FY 2024.

Revenue · FY 2024
₹18.84 Cr ▼ 1%
Net profit · FY 2024
₹15.04 Lakh margin 0.8%
EBITDA · FY 2024
₹34.33 Lakh margin 1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 19%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 28%
5 years · compounded
▲ 27%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 14% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹34.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.04 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.8%
Net Profit Margin0.8%
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

To see the full financial statements and ratios of Milind Polychem Private Limited, buy the company report.

Board of directors of Milind Polychem Private Limited

Milind Polychem has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manohar Lal Singla
Also directs: VMPS Global LLP, Gomati Impex Private Limited
Director02 Feb 200620 Years 8 MonthsCurrent
Meenu SinglaDirector02 Feb 200620 Years 8 MonthsCurrent
Milind Singla
Also directs: VMPS Global LLP, Portmanteau Food and Lifestyle LLP
Director20 Jun 201610 Years 4 MonthsCurrent
View all directors

Peer comparison

Milind Polychem Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Anil Organic Private Limited₹18.99 Cr (FY 2025)40.0%Ahmedabad, Gujarat, India
Ventura Sales & Services Private Limited₹18.98 Cr (FY 2023)-42.0%Lucknow, Uttar Pradesh, India
Degenai Private Limited₹18.91 Cr (FY 2025)65.0%Kolkata, West Bengal, India
Milind Polychem Private Limitedthis company₹18.84 Cr (FY 2024)₹15.04 Lakh0.8%-1.0%New Delhi, Delhi, India
Rajlaxmi Polymers Private Limited₹18.83 Cr (FY 2025)-8.0%Surat, Gujarat, India
Shri Natraj Chemtech Private Limited₹18.78 Cr (FY 2025)6.0%Jajmau, Uttar Pradesh, India

To see the full peer comparison of Milind Polychem Private Limited, buy the company report.

Auditor

Milind Polychem Private Limited is audited by S P M S & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S P M S & ASSOCIATESFY 2022015808N

Shareholding

The shareholding of Milind Polychem Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Milind Polychem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.7 Cr
Satisfied charges
₹7.6 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹38.60 Cr
Bank of India₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 2025101101526Hdfc Bank Limited₹31 CrOpen
12 Jan 2024100857664Bank of India₹10 LakhOpen
10 Feb 2017100087087Hdfc Bank Limited₹7.6 CrOpen
17 Jul 2021100475528Others₹9.5 LakhSatisfied
07 Jul 201110297293Bank of India₹4 CrSatisfied

To see the full charge records of Milind Polychem Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Milind Polychem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Milind Polychem has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAECM5491J1Z4DelhiActive01 Jul 2017
06AAECM5491J2Z5HaryanaActive14 Jan 2020

To see the full GST registrations and return filing status of Milind Polychem Private Limited, buy the company report.

Recent activity

Milind Polychem Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Milind Singla ceased to be Additional Director on 30 Sep 2016.

AGM
Milind Polychem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Milind Polychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,100.00 Lakh with Charge ID 101101526 was registered on 28 Feb 2025.
Charges
A charge with Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 100857664 was registered on 12 Jan 2024.
Charges
A charge registered on 17 Jul 2021 via Charge ID 100475528 with Others was fully satisfied on 21 Feb 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 760.00 Lakh registered on 10 Feb 2017 with Charge ID 100087087 was modified on 11 Jun 2022.
Charges
A charge with Others amounted to Rs. 9.50 Lakh with Charge ID 100475528 was registered on 17 Jul 2021.
Charges
A charge registered on 07 Jul 2011 via Charge ID 10297293 with Bank Of India was fully satisfied on 19 Dec 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 760.00 Lakh with Charge ID 100087087 was registered on 10 Feb 2017.
Ceased
Milind Singla ceased to be Additional Director.
Appointed
Milind Singla was appointed as Director.
Charges
A charge with Bank Of India of Rs. 400.00 Lakh registered on 07 Jul 2011 with Charge ID 10297293 was modified on 18 Feb 2013.

9 earlier events are in the company report.

Frequently asked questions

Milind Polychem is an active private limited company based in New Delhi, Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 February 2006 (20+ years old) and is registered under CIN U24114DL2006PTC145780.

Milind Polychem has 3 current directors:

The latest financial statements of Milind Polychem 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 Milind Polychem is 07AAECM5491J1Z4, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAECM5491J2Z5 (Haryana).

The CIN (Corporate Identification Number) of Milind Polychem is U24114DL2006PTC145780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Milind Polychem has 3 court cases on record: 3 filed by the company. 3 are pending.

Milind Polychem was incorporated on 02 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Milind Polychem by revenue are Anil Organic Private Limited, Ventura Sales & Services Private Limited, Degenai Private Limited, Rajlaxmi Polymers Private Limited, Shri Natraj Chemtech Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).

Milind Singla ceased to be Additional Director on 30 Sep 2016. Milind Singla was appointed as Director on 20 Jun 2016. Ashok Kumar Singla ceased to be Director on 31 Mar 2011. Milind Polychem has 5 board changes on record in total.

Yes, Milind Polychem is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0008824).

The registered office of Milind Polychem is at 20 – B Road No. 72, West Punjabi Bagh, New Delhi, Delhi, India – 110026.