Network Polymers Private Limited
About Network Polymers Private Limited
Data last updated:
Network Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 07 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1989PTC052507. Its GSTIN is 27AAACN1398P1ZV (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹97.9 Lakh. It is led by directors Aditya Thakkar Pradip and Piya Pradip Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 27 Kewal Industrial Estate S. Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.93 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 2.8%) and EBITDA of ₹3.32 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹14.9 Cr and satisfied charges of ₹3.03 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address27 Kewal Industrial Estate S. Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Plastic & Resins
- 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 Network Polymers Private Limited
The main business activity of Network Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
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 Network Polymers Private Limited FY 2024 filings available
Network Polymers Private Limited reported revenue of ₹63.93 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Network Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 5% growth in the latest year. EBITDA rose 36% 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 Network Polymers 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 | ₹3.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.81 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 of Network Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Network Polymers 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 Network Polymers Private Limited
Network Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zahonero India Private Limited | ₹64.39 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Sarvodaya Polymers Private Limited | ₹64.37 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Nimbahera, Rajasthan, India |
| Shaurya Polymers Private Limited | ₹64.14 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Bangalore, Karnataka, India |
| Meridian Polymers Private Limited | ₹64.12 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Hyderabad, Telangana, India |
| Tridev Industries Private Limited | ₹63.95 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Vapi, Gujarat, India |
| Network Polymers Private Limited this company | ₹63.93 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Jayachandran Global Refineries Private Limited | ₹63.89 Cr (FY 2024) | •••• | •••• | 529.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sudeep Polymers Private Limited | ₹63.87 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Ganpati Moulders Private Limited | ₹63.8 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Aurangabad, Maharashtra, India |
| Shaakya Polymer Private Limited | ₹63.6 Cr (FY 2024) | •••• | •••• | 2175.0% | •••• | Bhubaneswar, Odisha, India |
| Surya Compounds & Masterbatches Private Limited | ₹63.36 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Network Polymers by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 Network Polymers Private Limited
Network Polymers Private Limited is audited by V J SHAH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V J SHAH & CO | 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 Network Polymers Private Limited
Network Polymers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Thakkar Pradip Also directs: Mechemco Resins Private Limited, Royal Thermoset Private Limited, SST Industries Private Limited and 2 more | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
| Piya Pradip Thakkar Also directs: Mechemco Resins Private Limited, Royal Thermoset Private Limited, Polyester Resin Manufactures Association and 2 more | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Network Polymers 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 Network Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2021 | Others | ₹4.5 Cr | Open |
| 26 Apr 2019 | Others | ₹3.8 Cr | Open |
| 31 Aug 2000 | Others | ₹6.6 Cr | Open |
| 14 Aug 2020 | Others | ₹82 Lakh | Satisfied |
| 28 Jul 2020 | Others | ₹28 Lakh | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Network Polymers Private Limited
Network Polymers Private Limited has 12 court cases on record: 12 filed by Network Polymers. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Class One Roofing Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Suvarna Fibrotech Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Storewell Plastic Industries | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Storewell Plastic Industries and 2 Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Network Polymers Private Limited
Employment history and EPFO contributions of people linked to Network Polymers.
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 Network Polymers Private Limited
Network Polymers Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Sushil Chandrakant Shah ceased to be Director on 07 Apr 2018.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Network Polymers 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 Network Polymers 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 Network Polymers 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 Network Polymers Private Limited
Network Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1398P1ZV | Maharashtra | 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 Network Polymers 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 Network Polymers Private Limited
Network Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 07 July 1989 (37+ years old) and is registered under CIN U24110MH1989PTC052507.
Network Polymers reported revenue of ₹63.93 Cr for FY 2025 (up 5% YoY).
Network Polymers has 2 current directors:
- Aditya Thakkar Pradip - Director
- Piya Pradip Thakkar - Director
Network Polymers reported a net profit of ₹1.81 Cr (net margin 2.8%) and EBITDA of ₹3.32 Cr (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Network Polymers is -7% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Network Polymers is 27AAACN1398P1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Network Polymers is U24110MH1989PTC052507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Network Polymers has 12 court cases on record: 12 filed by the company. Most are in the district courts.
Network Polymers was incorporated on 07 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Network Polymers by revenue are Zahonero India Private Limited, Sarvodaya Polymers Private Limited, Shaurya Polymers Private Limited, Meridian Polymers Private Limited, Tridev Industries Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins, Polymers).
Sushil Chandrakant Shah ceased to be Director on 07 Apr 2018. Aditya Thakkar Pradip ceased to be Additional Director on 30 Sep 2016. Piya Pradip Thakkar ceased to be Additional Director on 30 Sep 2016. Network Polymers has 7 board changes on record in total.