- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-06-0004119

Paragon Poly Foams Private Limited
About Paragon Poly Foams Private Limited
Data last updated:
Paragon Poly Foams Private Limited is a private limited company based in Delhi, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 14 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PTC046039. Its GSTIN is 23AAHCP9103H1ZK (Madhya Pradesh).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹21.6 Lakh. It was formerly known as Paragon Coir Private Limited. It is led by directors including Usha Gupta and Prashant Gupta.
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 1306 A/90 Tri Nagar, Delhi, India – 110035.
As per the financials filed for FY 2024, the company reported a revenue of ₹20,065, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹4,065 (net margin 20.3%) and EBITDA of ₹4,065 (EBITDA margin 20.3%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years.
As per MCA filings, the company has satisfied charges of ₹2.16 Cr on record.
Paragon Poly Foams Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0004119). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Paragon Poly Foams
Contact details
Paragon Poly Foams Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1306 A/90 Tri Nagar, Delhi, India – 110035
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Paragon Poly Foams 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 Paragon Poly Foams is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Paragon Poly Foams Private Limited, buy the company report.
Financials of Paragon Poly Foams Private Limited
FY 2024 filings availableParagon Poly Foams Private Limited reported revenue of ₹20,065 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 86% over three years, including a 99% fall in the latest year. EBITDA fell 88% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4,065 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4,065 | ||||
| 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 | 20.3% | ||||
| Net Profit Margin | 20.3% | ||||
| 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 Paragon Poly Foams Private Limited, buy the company report.
Board of directors of Paragon Poly Foams Private Limited
Paragon Poly Foams has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Gupta Also directs: Balaji Sales Corporation Private Limited | Additional Director | 12 Mar 2021 | 5 Years 7 Months | Current |
| Udai Bir Singh | Additional Director | 01 Oct 1998 | 28 Years 1 Months | Current |
| Usha Gupta Also directs: Balaji Sales Corporation Private Limited | Director | 14 Oct 1991 | 35 Years 0 Months | Current |
Peer comparison
Paragon Poly Foams Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anjana Explosives Limited | ₹20,782 (FY 2025) | 17.0% | Nalgonda, Telangana, India | |||
| Ganesh Kripa Jewellers Private Limited | ₹20,658 (FY 2025) | -99.0% | Mumbai, Maharashtra, India | |||
| Jash Gems Private Limited | ₹20,563 (FY 2020) | -49.0% | Surat, Gujarat, India | |||
| Shree Bhouvana Vishwakarma Goldsmith Association | ₹20,350 (FY 2025) | 11.0% | Hassan, Karnataka, India | |||
| Dhrub & Kamala Ventures Private Limited | ₹20,170 (FY 2020) | Jamshedpur, Jharkhand, India | ||||
| Paragon Poly Foams Private Limitedthis company | ₹20,065 (FY 2024) | ₹4,065 | 20.3% | -99.0% | Delhi, India | |
| Kanishka Platinum Gold and Silver Products Private Limited | ₹20,000 (FY 2025) | -98.0% | Jaipur, Rajasthan, India | |||
| Vidya Robotics Private Limited | ₹20,000 (FY 2018) | Aurangabad, Maharashtra, India | ||||
| Raigad Offset Private Limited | ₹19,630 (FY 2025) | -100.0% | Raigad, Maharashtra, India | |||
| Jalan Refractories Private Limited | ₹19,500 (FY 2019) | 63.0% | Area Alwar, Rajasthan, India | |||
| Dasmesh Combines Private Limited | ₹19,450 (FY 2024) | -4.0% | Punjab, India |
To see the full peer comparison of Paragon Poly Foams Private Limited, buy the company report.
Auditor
Paragon Poly Foams Private Limited is audited by J.BHAGWAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.BHAGWAN & ASSOCIATES | FY 2022 | 084512 |
Shareholding
The shareholding of Paragon Poly Foams 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 Paragon Poly Foams Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2020 | 100401377 | Others | ₹65.65 Lakh | Satisfied | |
| 27 Aug 2020 | 100363210 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Paragon Poly Foams Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Paragon Poly Foams Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paragon Poly Foams Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paragon Poly Foams has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCP9103H1ZK | Madhya Pradesh | Active | 15 Jul 2020 |
To see the full GST registrations and return filing status of Paragon Poly Foams Private Limited, buy the company report.
Recent activity
Paragon Poly Foams Private Limited has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Vinod Kumar Gupta ceased to be Director on 17 Mar 2021.
Frequently asked questions
Paragon Poly Foams is an active private limited company based in Delhi, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 14 October 1991 (35+ years old) and is registered under CIN U74899DL1991PTC046039.
Paragon Poly Foams has 3 current directors:
- Prashant Gupta - Additional Director
- Udai Bir Singh - Additional Director
- Usha Gupta - Director
The latest financial statements of Paragon Poly Foams 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 Paragon Poly Foams is 23AAHCP9103H1ZK, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Paragon Poly Foams is U74899DL1991PTC046039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paragon Poly Foams was incorporated on 14 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Paragon Poly Foams by revenue are Anjana Explosives Limited, Ganesh Kripa Jewellers Private Limited, Jash Gems Private Limited, Shree Bhouvana Vishwakarma Goldsmith Association, Dhrub & Kamala Ventures Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Vinod Kumar Gupta ceased to be Director on 17 Mar 2021. Prashant Gupta was appointed as Additional Director on 12 Mar 2021. Udai Bir Singh ceased to be Additional Director on 15 Dec 2019. Paragon Poly Foams has 5 board changes on record in total.
Yes, Paragon Poly Foams is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-06-0004119).
The registered office of Paragon Poly Foams is at 1306 A90 Tri Nagar, Delhi, India – 110035.
Paragon Poly Foams operates in the musical instruments industry, in the sports goods segment.

