About Payal Polyplast Private Limited
Data last updated:
Payal Polyplast Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 29 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24100DL2010PTC202156. Its GSTIN is 07AAFCP5296B2ZD (Delhi). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.3 Cr. It was formerly known as Payal Petrochem Private Limited. It is led by directors including Nikhil Chandra Gupta (Managing Director) and Surendra Singh Negi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 24 1st Floor Netaji Subhash Marg Darya Ganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,679.14 Cr. For the same year it recorded a net profit of ₹29.02 Cr (net margin 1.7%) and EBITDA of ₹51.41 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 139 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Payal Group. As per MCA filings, the company has open charges of ₹351 Cr and satisfied charges of ₹706.66 Cr on record. Court records list 2 cases involving the company, including 2 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 payalgroup.com.
Company details
Contact details
Payal Polyplast Private Limited's registered office is in New Delhi, Delhi. Its website is payalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 24 1st Floor Netaji Subhash Marg Darya Ganj, New Delhi, Delhi, India – 110002
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Payal Polyplast 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
Payal Polyplast operates one associated brand: Payal Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies plasticizers, chlorinated paraffins, and PVC compounds. | payalgroup.com |
Business activity
The main business activity of Payal Polyplast is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Payal Polyplast Private Limited, buy the company report.
Financials of Payal Polyplast Private Limited
FY 2025 filings availablePayal Polyplast Private Limited reported revenue of ₹1,679.14 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years. EBITDA fell 59% 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 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 | ₹51.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.02 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Payal Polyplast Private Limited, buy the company report.
Board of directors of Payal Polyplast Private Limited
Payal Polyplast has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Chandra Gupta Also directs: Vian Realty Holdings LLP, Berry Tradechem LLP, Payal Plasticizers Private Limited and 5 more | Managing Director | 29 Apr 2010 | 16 Years 6 Months | Current |
| Surendra Singh Negi | Whole-Time Director | 02 Aug 2019 | 7 Years 3 Months | Current |
| Subikash Jena | Additional Director | 10 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Payal Polyplast Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KLJ Petroplast Limited | ₹2,512 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Chemplast Cuddalore Vinyls Limited | ₹2,323.8 Cr (FY 2025) | -7.0% | Chennai, Tamil Nadu, India | |||
| K L J Polymers and Chemicals Limited | ₹2,052.13 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Payal Polyplast Private Limitedthis company | ₹1,679.14 Cr (FY 2025) | ₹29.02 Cr | 1.7% | 139 | New Delhi, Delhi, India | |
| Syensqo Specialties India Private Limited | ₹1,549.33 Cr (FY 2025) | 9.0% | Panoli, Gujarat, India | |||
| Shiva Performance Materials Private Limited | ₹1,465.71 Cr (FY 2025) | -44.0% | Vadodara, Gujarat, India | |||
| Bhansali Engineering Polymers Limited | ₹1,435.13 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Payal Polyplast Private Limited, buy the company report.
Auditor
Payal Polyplast Private Limited is audited by T R Chadha & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R Chadha & Co LLP | FY 2025 | 006711N |
Shareholding
The shareholding of Payal Polyplast Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Payal Polyplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2023 | 100829778 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 02 Jun 2023 | 100735345 | State Bank of India | ₹50 Cr | Open | |
| 28 Mar 2023 | 100703114 | Others | ₹60 Cr | Open | |
| 28 Feb 2023 | 100697586 | Citi Bank N.A. | ₹75 Cr | Open | |
| 31 Jan 2023 | 100679601 | Yes Bank Limited | ₹75 Cr | Open |
To see the full charge records of Payal Polyplast Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Payal Polyplast Private Limited has 2 court cases on record: 2 filed by Payal Polyplast. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against M/S Anmol Additives Pvt Ltd and 3 others | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against Anmol Additives Pvt Ltd | Disposed |
To see the full case history of Payal Polyplast 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
Payal Polyplast Private Limited was last rated by Care on 02 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Jun 2023 |
To see the full credit ratings and regulatory alerts of Payal Polyplast Private Limited, buy the company report.
MSME payment delays
Payal Polyplast Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ashish Seals India Private Limited | |||
| Nath Titanates Private Limited | |||
| Sigma Air Source | |||
| an individual supplier | |||
| Alfa Entech (Gujarat) Private Limited |
To see the full MSME payment records of Payal Polyplast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Payal Polyplast has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Payal Plasticizers Private Limited | U20229DL2023PTC422795 | |
| Payal Plastichem Private Limited | U24299DL2021PTC391060 |
To see the full group structure of Payal Polyplast Private Limited, buy the company report.
Employees & EPFO
Payal Polyplast Private Limited has a workforce of 139 employees on its EPFO records as of Sep 25, 2025, across 2 active EPFO establishments.
GST
Payal Polyplast has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP5296B2ZD | Delhi | Active | 15 Jul 2017 |
| 24AAFCP5296B1ZI | Gujarat | Active | 01 Jul 2017 |
| 26AAFCP5296B1ZE | Daman & Diu | Active | 01 Aug 2020 |
| 09AAFCP5296B1ZA | Uttar Pradesh | Active | 15 Sep 2021 |
To see the full GST registrations and return filing status of Payal Polyplast Private Limited, buy the company report.
Recent activity
Payal Polyplast Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Piyush Jain was appointed as CFO on 10 May 2024.
46 earlier events are in the company report.
Frequently asked questions
Payal Polyplast is an active private limited company based in New Delhi, Delhi, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 29 April 2010 (16+ years old) and is registered under CIN U24100DL2010PTC202156.
Payal Polyplast has 3 current directors:
- Nikhil Chandra Gupta - Managing Director
- Surendra Singh Negi - Whole-Time Director
- Subikash Jena - Additional Director
The latest financial statements of Payal Polyplast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Payal Polyplast is 07AAFCP5296B2ZD, registered in Delhi. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAFCP5296B1ZI (Gujarat), 26AAFCP5296B1ZE (Daman & Diu), 09AAFCP5296B1ZA (Uttar Pradesh).
The CIN (Corporate Identification Number) of Payal Polyplast is U24100DL2010PTC202156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payal Polyplast has 2 court cases on record: 2 filed by the company.
Payal Polyplast was incorporated on 29 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Payal Polyplast by revenue are KLJ Petroplast Limited, Chemplast Cuddalore Vinyls Limited, K L J Polymers and Chemicals Limited, Syensqo Specialties India Private Limited, Shiva Performance Materials Private Limited and 1 more, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Piyush Jain was appointed as CFO on 10 May 2024. Subikash Jena was appointed as Additional Director on 10 May 2024. Rajender Prashad Gupta ceased to be Managing Director on 31 May 2022. Payal Polyplast has 7 board changes on record in total.
Payal Polyplast has 5 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 8 micro and small suppliers. The latest return was filed on 03 Apr 2021.
Payal Polyplast can be reached through the website payalgroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Payal Polyplast is at E – 24 1st Floor Netaji Subhash Marg Darya Ganj, New Delhi, Delhi, India – 110002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
