P.L Polymers Private Limited
About P.L Polymers Private Limited
Data last updated:
P.L Polymers Private Limited is a private limited company based in Medak, Telangana, India, a subsidiary of Sanman Packaging Private Limited. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 04 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25203TG2011PTC073030. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10.5 Lakh and a paid-up capital of ₹10.5 Lakh. It is led by directors including Jainendra Choraria and Sumit Kumar Das.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No. 170 Phase – III I.P. Pashamylaram, Medak, Telangana, India – 502307.
As per the financials filed for FY 2018, the company reported a revenue of ₹5 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Lakh (net margin 0.6%) and EBITDA of ₹13.54 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 153% over three years.
As per MCA filings, the company has open charges of ₹4.8 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
P.L Polymers has one previous CIN (Corporate Identification Number): U25203AP2011PTC073030. The current CIN is U25203TG2011PTC073030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25203TG2011PTC073030 | Current |
| U25203AP2011PTC073030 | Previous |
Contact details
P.L Polymers Private Limited's registered office is in Medak, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 170 Phase – III I.P. Pashamylaram, Medak, Telangana, India – 502307
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of P.L 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 P.L Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of P.L Polymers Private Limited, buy the company report.
Financials of P.L Polymers Private Limited
FY 2018 filings availableP.L Polymers Private Limited reported revenue of ₹5 Cr (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 153%. EBITDA rose 202% 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 | ₹5 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.1 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.7% | |||
| Net Profit Margin | 0.6% | |||
| 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 P.L Polymers Private Limited, buy the company report.
Board of directors of P.L Polymers Private Limited
P.L Polymers has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jainendra Choraria Also directs: Jeevan Polymers Private Limited, Sanman Packaging Private Limited | Director | 02 Apr 2019 | 7 Years 7 Months | Current |
| Sumit Kumar Das Also directs: Sanman Packaging Private Limited | Additional Director | 11 Jan 2020 | 6 Years 9 Months | Current |
| Devang Dugar | Additional Director | 30 Jul 2015 | 11 Years 3 Months | Current |
Auditor
P.L Polymers Private Limited is audited by S BHALOTIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S BHALOTIA & ASSOCIATES | FY 2018 | 325040E |
Shareholding
The shareholding of P.L Polymers Private Limited 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 P.L Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2015 | 10596100 | Others | ₹4.8 Cr | Open |
To see the full charge records of P.L Polymers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
P.L Polymers Private Limited has 13 court cases on record: 6 filed by P.L Polymers, 7 filed against it. 5 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 4 |
| High courts | 2 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Avi Additives Private Limited | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against M/S.Sarthak Pet Industries(India) Private Limited, Represented by Following Directors. and 6 others | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by Avi Additives Private Limited | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against M/ S Sanman Packaging Private Limited and 2 others | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against M/S.Sarthak Pet Industries(India) Private Limited, Represented by Following Directors. and 6 others | Disposed |
To see the full case history of P.L 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 P.L Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
P.L Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of P.L Polymers Private Limited, buy the company report.
Recent activity
P.L Polymers Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Nisha Choraria ceased to be Director on 13 Jan 2020.
5 earlier events are in the company report.
Frequently asked questions
P.L Polymers is an active private limited company based in Medak, Telangana, India. The company works in other wholesale, within the trading industry. It was incorporated on 04 March 2011 (15+ years old) and is registered under CIN U25203TG2011PTC073030.
P.L Polymers has 3 current directors:
- Jainendra Choraria - Director
- Sumit Kumar Das - Additional Director
- Devang Dugar - Additional Director
The latest financial statements of P.L Polymers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
No. P.L Polymers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of P.L Polymers is U25203TG2011PTC073030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
P.L Polymers has 13 court cases on record: 6 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
P.L Polymers was incorporated on 04 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nisha Choraria ceased to be Director on 13 Jan 2020. Sumit Kumar Das was appointed as Additional Director on 11 Jan 2020. Jainendra Choraria was appointed as Director on 02 Apr 2019. P.L Polymers has 12 board changes on record in total.
The registered office of P.L Polymers is at Plot No. 170 Phase – III I.P. Pashamylaram, Medak, Telangana, India – 502307.
P.L Polymers operates in the trading industry, in the other wholesale segment.
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