About Nerolex Polyplast Private Limited
Data last updated:
Nerolex Polyplast Private Limited is a private limited company based in Metoda, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 22 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2010PTC062988. Its GSTIN is 24AADCN4930C1ZX (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ravikumar Ratilal Dadhaniya and Kalpesh Ratilal Dadhania.
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 Plot No. 2750 Opp Topaz Cement Private Limited Almighty Gate Metoda GIDC, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.02 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.45 Lakh (net margin 0.3%) and EBITDA of ₹46.71 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹80 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nerolexpipes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 2750 Opp Topaz Cement Private Limited Almighty Gate Metoda GIDC, Gujarat, India – 360021
- IndustryManufacturing, Pipe & Tubes
- 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 Nerolex Polyplast Private Limited
The main business activities of Nerolex Polyplast are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal 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 | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Nerolex Polyplast Private Limited FY 2025 filings available
Nerolex Polyplast Private Limited reported revenue of ₹39.02 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nerolex Polyplast Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 9% growth in the latest year. EBITDA rose 11% 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 Nerolex Polyplast 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 | ₹46.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.45 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 Nerolex Polyplast Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Nerolex Polyplast 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 Nerolex Polyplast Private Limited
Nerolex Polyplast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nataraj Polyplast Private Limited | ₹39.56 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | Rajkot, Gujarat, India |
| Surindra Engineering Company Private Limited | ₹39.5 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Rajasthan Pipes Private Limited | ₹39.44 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Meghdut Metal Tube Industries Pvt Ltd | ₹39.43 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Shree Sai Plast Private Limited | ₹39.31 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Patna, Bihar, India |
| Nerolex Polyplast Private Limited this company | ₹39.02 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Metoda, Gujarat, India |
| Afond Steel Complex Private Limited | ₹38.93 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | New Delhi, Delhi, India |
| Chhajed Steel Limited | ₹38.74 Cr (FY 2023) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Green Polytubes Private Limited | ₹38.37 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Patna, Bihar, India |
| Tulsi Extrusions Limited Listed | ₹37.99 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Jalgaon, Maharashtra, India |
| Muraj Plast Private Limited | ₹37.96 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Nerolex Polyplast by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nerolex Polyplast Private Limited
Nerolex Polyplast Private Limited is audited by A J KANSAGRA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J KANSAGRA & ASSOCIATES | 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 Nerolex Polyplast Private Limited
Nerolex Polyplast has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikumar Ratilal Dadhaniya Also directs: Farmen Polyplast LLP | Director | 10 Apr 2015 | 11 Years 6 Months | Current |
| Kalpesh Ratilal Dadhania Also directs: Farmen Polyplast LLP | Director | 22 Nov 2010 | 15 Years 10 Months | Current |
Ownership and Shareholding of Nerolex Polyplast 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 Nerolex Polyplast Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2013 | Hdfc Bank Limited | ₹3 Cr | Open |
| 22 Feb 2011 | Axis Bank Ltd | ₹80 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nerolex Polyplast Private Limited
Employment history and EPFO contributions of people linked to Nerolex Polyplast.
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 Nerolex Polyplast Private Limited
Nerolex Polyplast Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Piyushkumar Valjibhai Kaneriya ceased to be Director on 05 Nov 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nerolex Polyplast 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 Nerolex Polyplast 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 Nerolex Polyplast 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 Nerolex Polyplast Private Limited
Nerolex Polyplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN4930C1ZX | Gujarat | 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 Nerolex Polyplast 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 Nerolex Polyplast Private Limited
Nerolex Polyplast is an active private limited company based in Metoda, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 22 November 2010 (16+ years old) and is registered under CIN U25200GJ2010PTC062988.
Nerolex Polyplast reported revenue of ₹39.02 Cr for FY 2025 (up 9% YoY).
Nerolex Polyplast has 2 current directors:
- Ravikumar Ratilal Dadhaniya - Director
- Kalpesh Ratilal Dadhania - Director
Nerolex Polyplast reported a net profit of ₹10.45 Lakh (net margin 0.3%) and EBITDA of ₹46.71 Lakh (EBITDA margin 1.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nerolex Polyplast is -7% over three years and 43% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nerolex Polyplast is 24AADCN4930C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Nerolex Polyplast is U25200GJ2010PTC062988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nerolex Polyplast was incorporated on 22 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nerolex Polyplast by revenue are Nataraj Polyplast Private Limited, Surindra Engineering Company Private Limited, Rajasthan Pipes Private Limited, Meghdut Metal Tube Industries Pvt Ltd, Shree Sai Plast Private Limited and 5 more, all in the Manufacturing industry (Pipes).
Piyushkumar Valjibhai Kaneriya ceased to be Director on 05 Nov 2019. Sanjaykumar Valjibhai Kaneria ceased to be Director on 28 Dec 2016. Ravikumar Ratilal Dadhaniya was appointed as Director on 10 Apr 2015. Nerolex Polyplast has 6 board changes on record in total.
Nerolex Polyplast can be reached through the website nerolexpipes.com. Its registered office is in Metoda, Gujarat, India.