- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0019374

Padmaja Polymers Private Limited
About Padmaja Polymers Private Limited
Data last updated:
Padmaja Polymers Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 30 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24130TG1996PTC024780. Its GSTIN is 36AABCP2137R1Z2 (Telangana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Kethireddy Padmaja Reddy (Managing Director) and Ranga Reddy Aleti (Whole-Time Director).
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 Flat 303 Lotus Esplendito Road 1 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.63 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹2.42 Cr (net margin -3.7%) and EBITDA of -₹16.97 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.24 Cr and satisfied charges of ₹37.78 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 2 cases are pending.
Padmaja Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0019374). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Padmaja Polymers has one previous CIN (Corporate Identification Number): U24130AP1996PTC024780. The current CIN is U24130TG1996PTC024780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24130TG1996PTC024780 | Current |
| U24130AP1996PTC024780 | Previous |
Recognitions & Rankings of Padmaja Polymers
Contact details
Padmaja Polymers Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat 303 Lotus Esplendito Road 1 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Padmaja Polymers 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
Business activity
The main business activity of Padmaja Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Padmaja Polymers Private Limited, buy the company report.
Financials of Padmaja Polymers Private Limited
FY 2024 filings availablePadmaja Polymers Private Limited reported revenue of ₹64.63 Cr (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 108% 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 |
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| EBITDA | -₹16.97 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.42 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -3.7% | ||||
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To see the full financial statements and ratios of Padmaja Polymers Private Limited, buy the company report.
Board of directors of Padmaja Polymers Private Limited
Padmaja Polymers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranga Reddy Aleti Also directs: Padmaja Greentech Private Limited | Whole-Time Director | 30 Jul 1996 | 30 Years 2 Months | Current |
| Suresh Reddy Kethireddy Also directs: Suryalata Spinning Mills Limited | Director | 15 Feb 2021 | 5 Years 8 Months | Current |
| Shreya Reddy Kethi Reddy Also directs: VDB Infra and Realty Private Limited | Director | 24 Aug 2020 | 6 Years 2 Months | Current |
| Kethireddy Padmaja Reddy Also directs: Lohia Corp Limited, Lohia Corp Limited | Managing Director | 30 Jul 1996 | 30 Years 2 Months | Current |
Peer comparison
Padmaja Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Polymers, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aglo Polymers Private Limited | ₹66.08 Cr (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Harra Polyflex Private Limited | ₹65.84 Cr (FY 2025) | 200.0% | Ahmedabad, Gujarat, India | |||
| Chamundi Extrusions Private Limited | ₹65.66 Cr (FY 2025) | 9.0% | Howrah, West Bengal, India | |||
| Padmaja Polymers Private Limitedthis company | ₹64.63 Cr (FY 2024) | -₹2.42 Cr | -3.7% | -24.0% | 50 | Hyderabad, Telangana, India |
| Jagdamba Polymers Limited | ₹64.52 Cr (FY 2025) | 8.0% | Balasore, Odisha, India | |||
| Dynamic Packaging Private Limited | ₹64.47 Cr (FY 2025) | 13.0% | Tumkur, Karnataka, 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 |
To see the full peer comparison of Padmaja Polymers Private Limited, buy the company report.
Auditor
Padmaja Polymers Private Limited is audited by B. SRINIVAS RAO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. SRINIVAS RAO | FY 2023 | 201378 |
Shareholding
The shareholding of Padmaja Polymers 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmaja Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2023 | 100724800 | Others | ₹1.24 Cr | Open | |
| 11 Aug 2022 | 100624913 | Axis Bank Limited | ₹90 Lakh | Satisfied | |
| 12 Mar 2021 | 100437407 | Others | ₹1.37 Cr | Satisfied | |
| 11 Jan 2018 | 100147027 | Others | ₹1.58 Cr | Satisfied | |
| 23 Jan 2014 | 10480650 | Others | ₹9.5 Cr | Satisfied |
To see the full charge records of Padmaja Polymers Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Padmaja Polymers Private Limited has 7 court cases on record: 3 filed by Padmaja Polymers, 4 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Transmission Corporation of Telangana Limited (Tstransco) and 3 Others and 4 others | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Transmission Corporation of Telangana Ltd., and 2 others | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Deputy Commissioner of Income Tax, Hyderabad. | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Deputy Commissioner of Income Tax, Hyderabad. | Disposed |
| District court, Nizamabad, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
To see the full case history of Padmaja Polymers 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.
Credit ratings & regulatory alerts
Padmaja Polymers Private Limited was last rated by Crisil on 22 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Nov 2019 |
To see the full credit ratings and regulatory alerts of Padmaja Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Padmaja Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Padmaja Polymers Private Limited has a workforce of 50 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Padmaja Polymers has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCP2137R1Z2 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padmaja Polymers Private Limited, buy the company report.
Recent activity
Padmaja Polymers Private Limited has 8 board changes on record since 1996: 4 appointments and 4 cessations. The latest: Suresh Reddy Kethireddy was appointed as Director on 15 Feb 2021.
40 earlier events are in the company report.
Frequently asked questions
Padmaja Polymers is an active private limited company based in Hyderabad, Telangana, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 30 July 1996 (30+ years old) and is registered under CIN U24130TG1996PTC024780.
Padmaja Polymers has 4 current directors:
- Kethireddy Padmaja Reddy - Managing Director
- Ranga Reddy Aleti - Whole-Time Director
- Suresh Reddy Kethireddy - Director
- Shreya Reddy Kethi Reddy - Director
The latest financial statements of Padmaja Polymers 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 Padmaja Polymers is 36AABCP2137R1Z2, registered in Telangana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Padmaja Polymers is U24130TG1996PTC024780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmaja Polymers has 7 court cases on record: 3 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Padmaja Polymers was incorporated on 30 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Padmaja Polymers by revenue are Aglo Polymers Private Limited, Harra Polyflex Private Limited, Chamundi Extrusions Private Limited, Jagdamba Polymers Limited, Dynamic Packaging Private Limited and 2 more, all in the Packaging industry (Polymers, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Suresh Reddy Kethireddy was appointed as Director on 15 Feb 2021. Shreya Reddy Kethi Reddy ceased to be Additional Director on 25 Nov 2020. Shreya Reddy Kethi Reddy was appointed as Director on 24 Aug 2020. Padmaja Polymers has 8 board changes on record in total.
Yes, Padmaja Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0019374).
The registered office of Padmaja Polymers is at Flat 303 Lotus Esplendito Road 1 Banjara Hills, Hyderabad, Telangana, India – 500034.