Ocean Polymer Technologies Private Limited

Ocean Polymer Technologies Private Limited - manufacturing in Thrissur, Kerala, India. FY 2026 financials & compliance.
CIN U26100KL1994PTC008259 Incorporated 12 October 1994 ROC Ernakulam HQ Thrissur, Kerala, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹43.93 Cr
▼ 5% YoY
Net profit · FY 2025
₹23.66 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹2.33 Cr
EBITDA margin 5.3%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹8.21 Cr
Issued & subscribed
Open charges
₹15.32 Cr
Satisfied ₹90.52 Lakh
Company age
32 yrs
Est. 1994
Employees · EPFO
32
Provident fund records

About Ocean Polymer Technologies Private Limited

Data last updated:

Ocean Polymer Technologies Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 October 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U26100KL1994PTC008259. Its GSTIN is 32AAACF3314R1ZO (Kerala).

The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.21 Cr. It was formerly known as Ocean Chiles Industries Private Limited and Foster Marketing Co Pvt Ltd. It is led by directors Sheena Philip (Managing Director) and Philip Mulakkal.

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 Door No Xiv/30 Industrial Development Plot Athani, Thrissur, Kerala, India – 680581.

As per the financials filed for FY 2025, the company reported a revenue of ₹43.93 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹23.66 Lakh (net margin 0.5%) and EBITDA of ₹2.33 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 250% over five years.

The company has about 32 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15.32 Cr and satisfied charges of ₹90.52 Lakh on record. Court records list 26 cases involving the company, including 26 filed by the company; 19 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.82 Cr; the latest was in March 2021.

Ocean Polymer Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-13-0003759). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceangroup.net.in.

Company details

CIN U26100KL1994PTC008259
Registration Number 008259
Incorporation Date 12 October 1994
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-13-0003759

Name history

Ocean Polymer Technologies has undergone 3 name changes throughout its history. The company was previously known as Ocean Chiles Industries Private Limited, Foster Marketing Co Pvt Ltd, and Chiles Ocean Industries Private Limited. The current legal name is Ocean Polymer Technologies Private Limited.

Company NameStatus
Ocean Polymer Technologies Private LimitedCurrent
Ocean Chiles Industries Private LimitedPrevious
Foster Marketing Co Pvt LtdPrevious
Chiles Ocean Industries Private LimitedPrevious

CIN history

Ocean Polymer Technologies has one previous CIN (Corporate Identification Number): U52599KL1994PTC008259. The current CIN is U26100KL1994PTC008259, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U26100KL1994PTC008259Current
U52599KL1994PTC008259Previous

Recognitions & Rankings of Ocean Polymer Technologies

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-KL-13-0003759

Contact details

Ocean Polymer Technologies Private Limited's registered office is in Thrissur, Kerala. Its website is oceangroup.net.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Door No Xiv/30 Industrial Development Plot Athani, Thrissur, Kerala, India – 680581
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Ocean Polymer Technologies Private Limited, buy the company report.

Comprehensive company report
Ocean Polymer Technologies Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ocean Polymer Technologies is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Ocean Polymer Technologies Private Limited, buy the company report.

Financials of Ocean Polymer Technologies Private Limited

FY 2025 filings available

Ocean Polymer Technologies Private Limited reported revenue of ₹43.93 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹43.93 Cr ▼ 5%
Net profit · FY 2025
₹23.66 Lakh margin 0.5%
EBITDA · FY 2025
₹2.33 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 4%
5 years · compounded
▲ 250%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 12%
5 years · compounded
▲ 145%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 250%. EBITDA rose 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.33 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.66 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.3%
Net Profit Margin0.5%
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

To see the full financial statements and ratios of Ocean Polymer Technologies Private Limited, buy the company report.

Board of directors of Ocean Polymer Technologies Private Limited

Ocean Polymer Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Philip MulakkalDirector25 Aug 201115 Years 2 MonthsCurrent
Sheena PhilipManaging Director24 Nov 201114 Years 11 MonthsCurrent

Auditor

Ocean Polymer Technologies Private Limited is audited by Varma & Varma for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Varma & VarmaFY 2023004532S

Shareholding

The shareholding of Ocean Polymer Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ocean Polymer Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.32 Cr
Satisfied charges
₹90.52 Lakh
Breakdown by lending institutions
Axis Bank Limited₹15.00 Cr
The South Indian Bank Limited₹0.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Sep 2024100987441The South Indian Bank Limited₹32 LakhOpen
15 Dec 2020100414385Axis Bank Limited₹15 CrOpen
16 Dec 2021100521126Axis Bank Limited₹5.49 LakhSatisfied
06 Feb 200910166787Thrissur District Co Operative Bank Limited₹75 LakhSatisfied
29 Nov 200290018907Canara Bank₹10.03 LakhSatisfied

To see the full charge records of Ocean Polymer Technologies Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Ocean Polymer Technologies Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.82 Cr; the latest was in March 2021.

Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹7.82 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2021Funding round₹7.23 CrInvestors: 4 individuals
Mar 2012Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 4 individuals
Aug 2011Funding round₹59.7 LakhInvestors: 4 individuals
Mar 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2008Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

To see the full deal history of Ocean Polymer Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ocean Polymer Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ocean Polymer Technologies Private Limited has a workforce of 32 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
32
Active EPFO establishments
1

GST

Ocean Polymer Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAACF3314R1ZOKeralaActive06 Mar 2020

To see the full GST registrations and return filing status of Ocean Polymer Technologies Private Limited, buy the company report.

Recent activity

Ocean Polymer Technologies Private Limited has 12 board changes on record since 1994: 7 appointments and 5 cessations. The latest: Puthiyaveettil Mohamed Mahaboob ceased to be Managing Director on 10 Oct 2012.

AGM
Ocean Polymer Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 16 Dec 2021 via Charge ID 100521126 with Axis Bank Limited was fully satisfied on 16 Sep 2025.
Filing
Ocean Polymer Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 15 Dec 2020 with Charge ID 100414385 was modified on 10 Jan 2025.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100987441 was registered on 12 Sep 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100521126 was registered on 16 Dec 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100414385 was registered on 15 Dec 2020.
Charges
A charge registered on 06 Feb 2009 via Charge ID 10166787 with Thrissur District Co Operative Bank Limited was fully satisfied on 19 Apr 2018.
Ceased
Puthiyaveettil Mohamed Mahaboob ceased to be Managing Director.
Ceased
Kallabakka Ahmu Ummer ceased to be Director.
Ceased
Lalu Kandengath Sekharan ceased to be Director.
Ceased
Nalakath Kuttikkathu Abdul Latheef ceased to be Director.

14 earlier events are in the company report.

Frequently asked questions

Ocean Polymer Technologies is an active private limited company based in Thrissur, Kerala, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 12 October 1994 (32+ years old) and is registered under CIN U26100KL1994PTC008259.

Ocean Polymer Technologies has 2 current directors:

The latest financial statements of Ocean Polymer Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ocean Polymer Technologies is 32AAACF3314R1ZO, registered in Kerala.

The CIN (Corporate Identification Number) of Ocean Polymer Technologies is U26100KL1994PTC008259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ocean Polymer Technologies has 26 court cases on record: 26 filed by the company. 19 are pending.

Ocean Polymer Technologies was incorporated on 12 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.

Ocean Polymer Technologies has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.82 Cr; the latest was in March 2021.

Puthiyaveettil Mohamed Mahaboob ceased to be Managing Director on 10 Oct 2012. Kallabakka Ahmu Ummer ceased to be Director on 24 Nov 2011. Lalu Kandengath Sekharan ceased to be Director on 24 Nov 2011. Ocean Polymer Technologies has 12 board changes on record in total.

Yes, Ocean Polymer Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-13-0003759).