Malpani Polymers Private Limited
About Malpani Polymers Private Limited
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Malpani Polymers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2004PTC043589.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.95 Cr. It is led by directors Ramesh Kumar Malpani and Mohit Ramesh Malpani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at U – 25 Sagar Textile Marketring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2018, the company reported a revenue of ₹10.46 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹2.74 Cr (net margin -26.2%) and EBITDA of -₹2.59 Cr (EBITDA margin -24.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹2.2 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Malpani Polymers Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressU – 25 Sagar Textile Marketring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Malpani 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
Business activity
The main business activity of Malpani Polymers is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Malpani Polymers Private Limited, buy the company report.
Financials of Malpani Polymers Private Limited
FY 2018 filings availableMalpani Polymers Private Limited reported revenue of ₹10.46 Cr (down 69% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 69% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹10.46 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.59 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.74 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -24.8% | |||
| Net Profit Margin | -26.2% | |||
| 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 Malpani Polymers Private Limited, buy the company report.
Board of directors of Malpani Polymers Private Limited
Malpani Polymers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Malpani Also directs: Micro Tapes Private Limited | Director | 10 Feb 2004 | 22 Years 8 Months | Current |
| Mohit Ramesh Malpani Also directs: Micro Tapes Private Limited | Director | 10 Feb 2004 | 22 Years 8 Months | Current |
Peer comparison
Malpani Polymers Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Polymers, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambika Texfab Private Limited | ₹10.47 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Chandak Textiles Private Limited | ₹10.47 Cr (FY 2025) | -21.0% | Surat, Gujarat, India | |||
| Malpani Polymers Private Limitedthis company | ₹10.46 Cr (FY 2018) | -₹2.74 Cr | -26.2% | -69.0% | Surat, Gujarat, India | |
| M B Processors Private Limited | ₹10.46 Cr (FY 2024) | -5.0% | Punjab, India | |||
| Satyam Nxtgen Industries Private Limited | ₹10.45 Cr (FY 2025) | 9.0% | Aurangabad, Maharashtra, India | |||
| Anand Super Fabrics Private Limited | ₹10.45 Cr (FY 2024) | -28.0% | Virudhunagar, Tamil Nadu, India |
To see the full peer comparison of Malpani Polymers Private Limited, buy the company report.
Auditor
Malpani Polymers Private Limited is audited by BAJAJ GUPTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAJAJ GUPTA & ASSOCIATES | FY 2018 | 122444W |
Shareholding
The shareholding of Malpani Polymers Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Malpani Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2008 | 10123073 | Others | ₹8 Cr | Open | |
| 10 Jul 2013 | 10437156 | Indian Overseas Bank | ₹50 Lakh | Satisfied | |
| 18 Mar 2013 | 10413983 | Indian Overseas Bank | ₹1.5 Cr | Satisfied | |
| 23 Mar 2011 | 10281623 | Indian Overseas Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Malpani Polymers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Malpani Polymers Private Limited has 9 court cases on record: 9 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Bajaj Finance Ltd | Disposed |
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by M/S Kotak Mahindra Bank Ltd. Authorised Officer Irfan M. Shaikh | Disposed |
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by Magma Fincorp Ltd.Authorised Mr.Prahlad N Patel | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Nahar Poly Films Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Malpani Polymers Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Malpani Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Malpani Polymers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Malpani Polymers Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Mohit Ramesh Malpani was appointed as Director on 10 Feb 2004.
1 earlier event is in the company report.
Frequently asked questions
Malpani Polymers is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 February 2004 (22+ years old) and is registered under CIN U25202GJ2004PTC043589.
Malpani Polymers has 2 current directors:
- Ramesh Kumar Malpani - Director
- Mohit Ramesh Malpani - Director
The latest financial statements of Malpani Polymers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Malpani Polymers is U25202GJ2004PTC043589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malpani Polymers has 9 court cases on record: 9 filed against it. 2 are pending.
Malpani Polymers was incorporated on 10 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Malpani Polymers by revenue are Ambika Texfab Private Limited, Chandak Textiles Private Limited, M B Processors Private Limited, Satyam Nxtgen Industries Private Limited, Anand Super Fabrics Private Limited, all in the Manufacturing industry (Polymers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Mohit Ramesh Malpani was appointed as Director on 10 Feb 2004. Ramesh Kumar Malpani was appointed as Director on 10 Feb 2004.
The registered office of Malpani Polymers is at U – 25 Sagar Textile Marketring Road, Surat, Gujarat, India – 395002.
Malpani Polymers operates in the manufacturing industry, in the textile and fabric production segment.
Malpani Polymers has open charges of ₹8 Cr and satisfied charges of ₹2.2 Cr as per latest MCA filings.
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