About Nishant Polycoats Private Limited
Data last updated:
Nishant Polycoats Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 11 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1994PTC075996. Its GSTIN is 27AAACN9154B1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.08 Lakh. It is led by directors including Kamini Shyam Sachanandani and Bharat Shyam Sachanandani.
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 Vasai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.9 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹65.48 Lakh (net margin 1.2%) and EBITDA of ₹88.04 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 32% over five years.
The company is associated with 1 brand: Everplast. As per MCA filings, the company has open charges of ₹11 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website everplast.in.
Company details
Contact details
Nishant Polycoats Private Limited's registered office is in Vasai, Maharashtra. Its website is everplast.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBasement Sr No. 204 Hissa 11 Jitesh Industries, Ghodbunder Reti Bunder Road Nr Raj Bucket Compound, Vasai, Maharashtra, India – 401107
- IndustryManufacturing, Construction Materials
To see the full contact details of Nishant Polycoats 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
Brands
Nishant Polycoats operates one associated brand: Everplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures building chemicals, supplies to dealers, and exports products worldwide. | everplast.in |
Business activity
The main business activity of Nishant Polycoats 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 Nishant Polycoats Private Limited, buy the company report.
Financials of Nishant Polycoats Private Limited
FY 2024 filings availableNishant Polycoats Private Limited reported revenue of ₹56.9 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 47% growth in the latest year. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹56.9 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹88.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.48 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Nishant Polycoats Private Limited, buy the company report.
Board of directors of Nishant Polycoats Private Limited
Nishant Polycoats has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamini Shyam Sachanandani | Director | 11 Jan 1994 | 32 Years 9 Months | Current |
| Bharat Shyam Sachanandani | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Ashwin Shyam Sachanandani | Director Appointed In Casual Vacancy | 25 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Nishant Polycoats Private Limited is audited by V R JOBANPUTRA AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V R JOBANPUTRA AND ASSOCIATES | FY 2024 | 147554W |
Shareholding
The shareholding of Nishant Polycoats Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nishant Polycoats Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2005 | 90355113 | Bank of India | ₹11 Lakh | Open |
To see the full charge records of Nishant Polycoats Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nishant Polycoats Private Limited has 1 court case on record: 1 filed by Nishant Polycoats. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Nishant Polycoats 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 Nishant Polycoats Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nishant Polycoats has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN9154B1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nishant Polycoats Private Limited, buy the company report.
Recent activity
Nishant Polycoats Private Limited has 9 board changes on record since 1994: 3 appointments and 6 cessations. The latest: Bharat Shyam Sachanandani ceased to be Additional Director on 26 Dec 2020.
2 earlier events are in the company report.
Frequently asked questions
Nishant Polycoats is an active private limited company based in Vasai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 11 January 1994 (32+ years old) and is registered under CIN U25209MH1994PTC075996.
Nishant Polycoats has 3 current directors:
- Kamini Shyam Sachanandani - Director
- Bharat Shyam Sachanandani - Director
- Ashwin Shyam Sachanandani - Director Appointed In Casual Vacancy
The latest financial statements of Nishant Polycoats on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nishant Polycoats is 27AAACN9154B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nishant Polycoats is U25209MH1994PTC075996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nishant Polycoats has 1 court case on record: 1 filed by the company.
Nishant Polycoats was incorporated on 11 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharat Shyam Sachanandani ceased to be Additional Director on 26 Dec 2020. Bharat Shyam Sachanandani was appointed as Director on 07 Aug 2020. Ashwin Shyam Sachanandani was appointed as Director Appointed In Casual Vacancy on 25 Sep 2019. Nishant Polycoats has 9 board changes on record in total.
Nishant Polycoats can be reached through the website everplast.in. Its registered office is in Vasai, Maharashtra, India.
The registered office of Nishant Polycoats is at Basement Sr No. 204 Hissa 11 Jitesh Industries, Ghodbunder Reti Bunder Road Nr Raj Bucket Compound, Vasai, Maharashtra, India – 401107.