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Penna Polymer Products Private Limited - manufacturing in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.3 Cr
▲ 7% YoY
Net profit · FY 2021
₹23,973
Net margin 0.2%
EBITDA · FY 2021
₹17.1 Lakh
EBITDA margin 13.2%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹80.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Penna Polymer Products Private Limited
Data last updated:
Penna Polymer Products Private Limited is a private limited company based in Guntur, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC106045. Its GSTIN is 37AAJCP2436K1Z4 (Andhra Pradesh).
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Rao Mastan Chunduri (Managing Director) and Srivani Chunduri.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Guntur, Andhra Pradesh.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.3 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹23,973 (net margin 0.2%) and EBITDA of ₹17.1 Lakh (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.
As per MCA filings, the company has open charges of ₹80.5 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pennapolymerproducts.com.
Company details
CIN U74999AP2017PTC106045
Registration Number 106045
Incorporation Date 12 June 2017
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Penna Polymer Products
Contact details
Penna Polymer Products Private Limited's registered office is in Guntur, Andhra Pradesh. Its website is pennapolymerproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoja Cotton Ginning Mills #16 – 17/2 As Rao Estate Jagadamba Road Mahalakshmipuram Etukuru, Bypass, Guntur, Andhra Pradesh, India – 522003
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Penna Polymer Products Private Limited, buy the company report.
Comprehensive company report
Penna Polymer Products 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 Penna Polymer Products 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 Penna Polymer Products Private Limited, buy the company report.
Financials of Penna Polymer Products Private Limited
FY 2021 filings availablePenna Polymer Products Private Limited reported revenue of ₹1.3 Cr (up 7% YoY) for FY 2021.
Revenue · FY 2021
₹1.3 Cr ▲ 7%
Net profit · FY 2021
₹23,973 margin 0.2%
EBITDA · FY 2021
₹17.1 Lakh margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 379%
Revenue has grown at a compounded annual rate (CAGR) of 55% over three years, including 7% growth in the latest year. EBITDA fell 6% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.3 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹17.1 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹23,973 | |||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.2% | |||
| Net Profit Margin | 0.2% | |||
| 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 Penna Polymer Products Private Limited, buy the company report.
Board of directors of Penna Polymer Products Private Limited
Penna Polymer Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srivani Chunduri | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Rao Mastan Chunduri | Managing Director | 18 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Penna Polymer Products Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastic Based 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 |
|---|---|---|---|---|---|---|
| Rivertech Tanks and Pipes Private Limited | ₹1.3 Cr (FY 2023) | 1.0% | Perumbavoor, Kerala, India | |||
| Lyntex Polymers Private Limited | ₹1.3 Cr (FY 2022) | 22.0% | Vapi, Gujarat, India | |||
| Penna Polymer Products Private Limitedthis company | ₹1.3 Cr (FY 2021) | ₹23,973 | 0.2% | 7.0% | Guntur, Andhra Pradesh, India | |
| Sstechnoplast Private Limited | ₹1.3 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| KBJ Plasto India Private Limited | ₹1.3 Cr (FY 2024) | -30.0% | Kashipur, Uttarakhand, India |
To see the full peer comparison of Penna Polymer Products Private Limited, buy the company report.
Auditor
Penna Polymer Products Private Limited is audited by Srikanth & Srinivasa for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Srikanth & Srinivasa | FY 2021 | 016640S |
Shareholding
The shareholding of Penna Polymer Products Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Penna Polymer Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2017 | 100138358 | Bank of India | ₹80.5 Lakh | Open |
To see the full charge records of Penna Polymer Products Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Penna Polymer Products Private Limited has 3 court cases on record: 2 filed by Penna Polymer Products, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (EX CIVIL) | Filed against the company by Paragon Industries Through Its Sole Proprietor SH Arveen Gulati | Disposed |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed by the company against Sai Durga Enterprises, Rep by Its Prop, Boda Venkateswara Rao | Disposed |
| District court, Guntur, Andhra Pradesh | Civil suit | Filed by the company against City Enterprises, Rep by, Its Prop, Zameer Shaik | Disposed |
To see the full case history of Penna Polymer Products 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Penna Polymer Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Penna Polymer Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCP2436K1Z4 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Penna Polymer Products Private Limited, buy the company report.
Recent activity
Penna Polymer Products Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Nirmaladatta Kolagani ceased to be Director on 10 Oct 2018.
AGM
Penna Polymer Products Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Penna Polymer Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.
Charges
A charge with Bank Of India of Rs. 80.50 Lakh registered on 28 Nov 2017 with Charge ID 100138358 was modified on 25 Aug 2020.
Ceased
Nirmaladatta Kolagani ceased to be Director.
Ceased
Ramaiah Kolagani ceased to be Additional Director.
Charges
A charge with Bank Of India amounted to Rs. 80.50 Lakh with Charge ID 100138358 was registered on 28 Nov 2017.
Appointed
Rao Mastan Chunduri was appointed as Managing Director.
Appointed
Srivani Chunduri was appointed as Director.
Incorporation
12 Jun 2017
Penna Polymer Products Private Limited was registered on 12 Jun 2017 with Roc Vijayawada & aged 9 years 4 months as per MCA records.
Frequently asked questions
Penna Polymer Products is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 12 June 2017 (9+ years old) and is registered under CIN U74999AP2017PTC106045.
Penna Polymer Products has 2 current directors:
- Rao Mastan Chunduri - Managing Director
- Srivani Chunduri - Director
The latest financial statements of Penna Polymer Products on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Penna Polymer Products is 37AAJCP2436K1Z4, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Penna Polymer Products is U74999AP2017PTC106045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penna Polymer Products has 3 court cases on record: 2 filed by the company and 1 filed against it.
Penna Polymer Products was incorporated on 12 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Penna Polymer Products by revenue are Rivertech Tanks and Pipes Private Limited, Lyntex Polymers Private Limited, Sstechnoplast Private Limited, KBJ Plasto India Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Nirmaladatta Kolagani ceased to be Director on 10 Oct 2018. Ramaiah Kolagani ceased to be Additional Director on 29 Sep 2018. Rao Mastan Chunduri was appointed as Managing Director on 18 Aug 2017. Penna Polymer Products has 4 board changes on record in total.
Yes, Penna Polymer Products is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Penna Polymer Products can be reached through the website pennapolymerproducts.com. Its registered office is in Guntur, Andhra Pradesh, India.
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