About Nippon Polymers Pvt Ltd
Data last updated:
Nippon Polymers Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 17 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1981PTC004707. Its GSTIN is 24AABCN0910C1ZB (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Rasesh Hasmukhlal Patel and Alpesh Bipinchandra Patel.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dutron House Nr Mithakhaliunder Bridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.23 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 5.5%) and EBITDA of ₹2.07 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹7 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dutronindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDutron House Nr Mithakhaliunder Bridge, Ahmedabad, Gujarat, India – 380006
- IndustryManufacturing, Plastic-Based Products
- 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 Nippon Polymers Pvt Ltd
The main business activity of Nippon 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 Nippon Polymers Pvt Ltd FY 2025 filings available
Nippon Polymers Pvt Ltd reported revenue of ₹23.23 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nippon Polymers Pvt Ltd
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 5% 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 Nippon Polymers Pvt Ltd
| 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 | ₹2.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.29 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 Nippon Polymers Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.5% | •••• | •••• | •••• | •••• |
| 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 Nippon 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 Nippon Polymers Pvt Ltd
Nippon Polymers Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, 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 |
|---|---|---|---|---|---|---|
| Umex Polymers Private Limited | ₹23.42 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Siliguri, West Bengal, India |
| V.S. Polymers Private Limited | ₹23.41 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Derabassi, Punjab, India |
| Har-Hal Plastic Engineering Private Limited | ₹23.4 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Aurangabad, Maharashtra, India |
| Vestro Containers Private Limited | ₹23.32 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Bhagyashree Polymers Private Limited | ₹23.24 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Jalgaon, Maharashtra, India |
| Nippon Polymers Pvt Ltd this company | ₹23.23 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Shivkrupa Techno-Plast Private Limited | ₹23.21 Cr (FY 2025) | •••• | •••• | 170.0% | •••• | Nashik, Maharashtra, India |
| Tajpuriya Techno Plast Private Limited | ₹23.2 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Nashik, Maharashtra, India |
| Kapsto Closures Private Limited | ₹23.19 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Jetpur, Gujarat, India |
| Krunal Polymers Private Limited | ₹23.19 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Siliguri Poly Products Private Limited | ₹23.18 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Nippon Polymers by revenue in the Manufacturing industry (Plastic Based Products, 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 Nippon Polymers Pvt Ltd
Nippon Polymers Pvt Ltd is audited by KRUTESH PATEL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KRUTESH PATEL & 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 Nippon Polymers Pvt Ltd
Nippon Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasesh Hasmukhlal Patel Also directs: Dutron Polymers Limited, Dutron Plastics Private Limited | Director | 28 Jun 1993 | 33 Years 3 Months | Current |
| Alpesh Bipinchandra Patel Also directs: Dutron Polymers Limited, Dutron Plastics Private Limited | Director | 01 Apr 1994 | 32 Years 6 Months | Current |
| Sudipbhai Bipinchandra Patel | Director | 28 Jun 1993 | 33 Years 3 Months | Current |
Ownership and Shareholding of Nippon Polymers Pvt Ltd
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 Nippon Polymers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 1992 | The Ahmedabad Mercantile Co-Op. Bank Ltd . | ₹5 Lakh | Open |
| 15 Jul 1982 | The Ahmedabad Mercantile Co-Op. Bank Ltd . | ₹2 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Nippon Polymers Pvt Ltd
Nippon Polymers Pvt Ltd has 4 court cases on record: 1 filed by Nippon Polymers, 3 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C1-LC) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Pending |
| High Court of Gujarat | Appeal | Filed against the company by Ahmedabad Municipal Corpo | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by an individual | Disposed |
Full case history
All 4 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 Nippon Polymers Pvt Ltd
Employment history and EPFO contributions of people linked to Nippon 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 Nippon Polymers Pvt Ltd
Nippon Polymers Pvt Ltd has 3 board changes on record since 1993: 3 appointments. The latest: Alpesh Bipinchandra Patel was appointed as Director on 01 Apr 1994.
Credit Ratings, Litigation & Regulatory Alerts for Nippon Polymers Pvt Ltd
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 Nippon Polymers Pvt Ltd
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 Nippon Polymers Pvt Ltd
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 Nippon Polymers Pvt Ltd
Nippon Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN0910C1ZB | 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 Nippon Polymers Pvt Ltd
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.
Related news about Nippon Polymers Pvt Ltd
Frequently Asked Questions about Nippon Polymers Pvt Ltd
Nippon Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 17 October 1981 (45+ years old) and is registered under CIN U25209GJ1981PTC004707.
Nippon Polymers reported revenue of ₹23.23 Cr for FY 2025 (down 4% YoY).
Nippon Polymers has 3 current directors:
- Rasesh Hasmukhlal Patel - Director
- Alpesh Bipinchandra Patel - Director
- Sudipbhai Bipinchandra Patel - Director
Nippon Polymers reported a net profit of ₹1.29 Cr (net margin 5.5%) and EBITDA of ₹2.07 Cr (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nippon Polymers is 3% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nippon Polymers is 24AABCN0910C1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Nippon Polymers is U25209GJ1981PTC004707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nippon Polymers has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Nippon Polymers was incorporated on 17 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nippon Polymers by revenue are Umex Polymers Private Limited, V.S. Polymers Private Limited, Har-Hal Plastic Engineering Private Limited, Vestro Containers Private Limited, Bhagyashree Polymers Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Polymers).
Alpesh Bipinchandra Patel was appointed as Director on 01 Apr 1994. Rasesh Hasmukhlal Patel was appointed as Director on 28 Jun 1993. Sudipbhai Bipinchandra Patel was appointed as Director on 28 Jun 1993.