NPL Polymers Private Limited
About NPL Polymers Private Limited
Data last updated:
NPL Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 08 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1999PTC036974.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manakmal Moolchand Bachhawat and Nitesh Ganeshmal Jain.
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 901/1 9th Floor Sahjanand Complex Opp. Swaminarayan Temple Shahibaug, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2025, the company reported a revenue of ₹54,130. For the same year it recorded a net profit of ₹18,182 (net margin 33.6%) and EBITDA of ₹18,182 (EBITDA margin 33.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over five years.
Court records list 5 cases involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address901/1 9th Floor Sahjanand Complex Opp. Swaminarayan Temple Shahibaug, Ahmedabad, Gujarat, India – 380004
- 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
Financials of NPL Polymers Private Limited FY 2024 filings available
NPL Polymers Private Limited reported revenue of ₹54,130 for FY 2025.
Compounded Annual Growth Rate (CAGR) of NPL Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 34% 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 NPL 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 | ₹18,182 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18,182 | •••• | •••• | •••• | •••• |
| 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 NPL Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 33.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 NPL 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 NPL Polymers Private Limited
NPL 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 |
|---|---|---|---|---|---|---|
| Hartex Polymers Pvt Ltd | ₹60,000 (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Bansal Polymers Private Limited | ₹60,000 (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Anish Overseas Private Limited | ₹59,534 (FY 2019) | •••• | •••• | •••• | Tri Nagar, Delhi, India | |
| Bajaj Superpack Limited | ₹59,230 (FY 2025) | •••• | •••• | 0.0% | •••• | Nagpur, Maharashtra, India |
| Balussery Polymers Private Limited | ₹56,681 (FY 2023) | •••• | •••• | 10.0% | •••• | Triplicane, Madras-5, Tamil Nadu, India |
| NPL Polymers Private Limited this company | ₹54,130 (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Gurudev Polymers Private Limited | ₹53,070 (FY 2021) | •••• | •••• | -92.0% | •••• | Mehesana, Gujarat, India |
| Crosslink Thermoplast Private Limited | ₹51,275 (FY 2024) | •••• | •••• | •••• | Hardwar, Uttarakhand, India | |
| Sugan Polymers Private Limited | ₹50,480 (FY 2024) | •••• | •••• | -59.0% | •••• | Delhi, India |
| Alfa Polymers Private Limited | ₹49,300 (FY 2025) | •••• | •••• | -63.0% | •••• | Delhi, India |
| Innovative Foam Limited | ₹46,230 (FY 2025) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below NPL 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 NPL Polymers Private Limited
NPL Polymers Private Limited is audited by SALAWAT DULWANI AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SALAWAT DULWANI AND 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 NPL Polymers Private Limited
NPL Polymers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manakmal Moolchand Bachhawat | Director | 21 Feb 2018 | 8 Years 7 Months | Current |
| Nitesh Ganeshmal Jain | Director | 21 Feb 2018 | 8 Years 7 Months | Current |
Ownership and Shareholding of NPL 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 NPL Polymers Private Limited
NPL Polymers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of NPL Polymers Private Limited
NPL Polymers Private Limited has 5 court cases on record: 1 filed by NPL Polymers, 4 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Company is another party | Disposed |
| High Court of Gujarat | Court case (MCA) | Company is another party | Disposed |
| High Court of Gujarat | Court case (OLR) | Company is another party | Disposed |
| High Court of Gujarat | Commercial suit | Filed by the company against O.L. of M/S Mukund Chemicals Pvt. Ltd | Disposed |
Full case history
All 5 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 NPL Polymers Private Limited
Employment history and EPFO contributions of people linked to NPL 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 NPL Polymers Private Limited
NPL Polymers Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Jagdish Prasad Mangaldas ceased to be Director on 22 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for NPL 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 NPL 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 NPL 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 NPL Polymers Private Limited
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 NPL 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 NPL Polymers Private Limited
NPL Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 08 December 1999 (27+ years old) and is registered under CIN U25209GJ1999PTC036974.
NPL Polymers reported revenue of ₹54,130 for FY 2025.
NPL Polymers has 2 current directors:
- Manakmal Moolchand Bachhawat - Director
- Nitesh Ganeshmal Jain - Director
NPL Polymers reported a net profit of ₹18,182 (net margin 33.6%) and EBITDA of ₹18,182 (EBITDA margin 33.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of NPL Polymers is 1% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of NPL Polymers is U25209GJ1999PTC036974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NPL Polymers has 5 court cases on record: 1 filed by the company.
NPL Polymers was incorporated on 08 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of NPL Polymers by revenue are Hartex Polymers Pvt Ltd, Bansal Polymers Private Limited, Anish Overseas Private Limited, Bajaj Superpack Limited, Balussery Polymers Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins, Polymers).
Jagdish Prasad Mangaldas ceased to be Director on 22 Feb 2018. Manju Kanhaiyalal Salawat ceased to be Director on 22 Feb 2018. Manakmal Moolchand Bachhawat was appointed as Director on 21 Feb 2018. NPL Polymers has 8 board changes on record in total.
The registered office of NPL Polymers is at 9011 9th Floor Sahjanand Complex Opp. Swaminarayan Temple Shahibaug, Ahmedabad, Gujarat, India – 380004.