About Platinum Polymers Private Limited
Data last updated:
Platinum Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 25 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH2006PTC165216. Its GSTIN is 27AAECP2031K1ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Bipinchandra Nanjibhai Poshia and Miteshkumar Bipinchandra Poshia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.36 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹8.25 Lakh (net margin 0.3%) and EBITDA of ₹1.65 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 23% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Platinum Polymers. As per MCA filings, the company has open charges of ₹12.62 Cr and satisfied charges of ₹16.84 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platinumpolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No.1903 19th Floor Boulevard 1 The Address L B S Marg Opp. R City Mall Ghatkopar, (West), Mumbai, Maharashtra, India – 400086
- IndustryPackaging, Packaging Films & Foils
- 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
- One PDF report, delivered after checkout
Business Activity of Platinum Polymers Private Limited
The main business activity of Platinum Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Platinum Polymers Private Limited FY 2025 filings available
Platinum Polymers Private Limited reported revenue of ₹29.36 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Platinum Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 39% 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 of Platinum Polymers Private Limited
| 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 | ₹1.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.25 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 of Platinum Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Platinum Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Platinum Polymers Private Limited
Platinum Polymers Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Everest Holovisions Limited | ₹29.68 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Navi Mumbai, Maharashtra, India |
| Kairos Polymers Private Limited | ₹29.51 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Gondal, Gujarat, India |
| Vibhaas Polymers Private Limited | ₹29.49 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | West Godavari, Andhra Pradesh, India |
| RSD Polymers Private Limited | ₹29.43 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Shreemulti Sticks & Labels Private Limited | ₹29.41 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Platinum Polymers Private Limited this company | ₹29.36 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Par Specialty Polymers Private Limited | ₹29.3 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Navi Mumbai, Maharashtra, India |
| Swarup Polymers Private Limited | ₹29.3 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Welcome Polymers India Pvt Ltd | ₹29.21 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Sarwati Polymers Private Limited | ₹29.19 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Tri Nagar, Delhi, India |
| Shyamsundar Polymers Private Limited | ₹29.19 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Durgapur, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Platinum Polymers by revenue in the Packaging industry (Films and Foils, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Platinum Polymers Private Limited
Platinum Polymers Private Limited is audited by R H D P & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R H D P & CO. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Platinum Polymers Private Limited
Platinum Polymers 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 |
|---|---|---|---|---|
| Bipinchandra Nanjibhai Poshia | Director | 25 Jan 2007 | 19 Years 8 Months | Current |
| Miteshkumar Bipinchandra Poshia | Director | 25 Jan 2007 | 19 Years 8 Months | Current |
| Neeta Miteshkumar Poshia | Additional Director | 26 May 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Platinum Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Platinum Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2022 | Others | ₹97.4 Lakh | Open |
| 29 Dec 2021 | Others | ₹2.75 Cr | Open |
| 29 Dec 2021 | Others | ₹8.9 Cr | Open |
| 21 Jan 2015 | Bank of Baroda | ₹12 Lakh | Satisfied |
| 25 Oct 2007 | Bank of Baroda | ₹1.89 Lakh | Satisfied |
Total charge records: 7 View all charges
MSME Payment Delays by Platinum Polymers Private Limited
Platinum Polymers Private Limited has 13 MSME Form 1 returns on record between 2016 and 2024, listing 161 overdue payments to 42 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 42)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sanjeev Flexi Pack Private Limited | •••• | •••• | •••• |
| Kahan Packaging Limited | •••• | •••• | •••• |
| Designo Packaging | •••• | •••• | •••• |
| R H D B & Co LLP | •••• | •••• | •••• |
| Maruti Poly Film Pack LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Platinum Polymers Private Limited
Platinum Polymers operates one associated brand: Platinum Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Insulation and packaging materials manufacturing in India. | platinumpolymers.com |
Employees and EPFO Compliance at Platinum Polymers Private Limited
Platinum Polymers Private Limited has a workforce of 2 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Platinum Polymers Private Limited
Platinum Polymers Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Neeta Miteshkumar Poshia was appointed as Additional Director on 26 May 2025.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Platinum Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Platinum Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Platinum Polymers Private Limited
Platinum Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP2031K1ZJ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Platinum Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Platinum Polymers Private Limited
Platinum Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 25 January 2007 (19+ years old) and is registered under CIN U25202MH2006PTC165216.
Platinum Polymers reported revenue of ₹29.36 Cr for FY 2025 (up 39% YoY).
Platinum Polymers has 3 current directors:
- Bipinchandra Nanjibhai Poshia - Director
- Miteshkumar Bipinchandra Poshia - Director
- Neeta Miteshkumar Poshia - Additional Director
Platinum Polymers reported a net profit of ₹8.25 Lakh (net margin 0.3%) and EBITDA of ₹1.65 Cr (EBITDA margin 5.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Platinum Polymers is 18% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Platinum Polymers is 27AAECP2031K1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Platinum Polymers is U25202MH2006PTC165216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platinum Polymers was incorporated on 25 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Platinum Polymers by revenue are Everest Holovisions Limited, Kairos Polymers Private Limited, Vibhaas Polymers Private Limited, RSD Polymers Private Limited, Shreemulti Sticks & Labels Private Limited and 5 more, all in the Packaging industry (Films and Foils, Polymers).
Neeta Miteshkumar Poshia was appointed as Additional Director on 26 May 2025. Prem Vishnuraj Motwani ceased to be Director on 17 Jun 2017. Ashishkumar Madhubhai Desai ceased to be Director on 21 Mar 2015. Platinum Polymers has 5 board changes on record in total.
Platinum Polymers has 13 MSME Form 1 returns on record between 2016 and 2024, listing 161 overdue payments to 42 micro and small suppliers. The latest return was filed on 02 May 2024.
Platinum Polymers can be reached through the website platinumpolymers.com. Its registered office is in Mumbai, Maharashtra, India.