Podar Olefins Private Limited
About Podar Olefins Private Limited
Data last updated:
Podar Olefins Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 June 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24130MH1981PTC024663. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors Kusum Suresh Podar and Suresh Kalicharan Podar.
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 ₹3.83 Lakh. For the same year it recorded a net profit of ₹2,097 (net margin 0.5%) and EBITDA of ₹2,097 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
As per MCA filings, the company has open charges of ₹12.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Podar Olefins Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlt No6 1st Flr B Wing Udadhi Tarang Co – Op Hsg Soc Nxt To Jw Marriott Hotel Juhutara Road V, Ile Parlew, Mumbai, Maharashtra, India – 400049
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Podar Olefins 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
Financials of Podar Olefins Private Limited
FY 2025 filings availablePodar Olefins Private Limited reported revenue of ₹3.83 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. EBITDA rose 122% 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 |
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| EBITDA | ₹2,097 | ||||
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| Net Profit (PAT) | ₹2,097 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Podar Olefins Private Limited, buy the company report.
Board of directors of Podar Olefins Private Limited
Podar Olefins has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Suresh Podar Also directs: Shankar Silk Mills LLP, Perfect Plantex Industries Limited, Sun Stores Pvt Ltd and 1 more | Director | 02 Sep 1996 | 30 Years 1 Months | Current |
| Suresh Kalicharan Podar Also directs: Shankar Silk Mills LLP, Perfect Plantex Industries Limited, Sun Stores Pvt Ltd and 1 more | Director | 28 Jul 1988 | 38 Years 2 Months | Current |
Peer comparison
Podar Olefins Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiv Jyoti Textiles Private Limited | ₹3.86 Lakh (FY 2017) | -56.0% | New Delhi, Delhi, India | |||
| Podar Olefins Private Limitedthis company | ₹3.83 Lakh (FY 2025) | ₹2,097 | 0.5% | Mumbai, Maharashtra, India | ||
| M M Dyeing and Finishing Mills Private Limited | ₹3.83 Lakh (FY 2025) | -68.0% | Punjab, India | |||
| Sneha Textiles Private Limited | ₹3.81 Lakh (FY 2017) | -74.0% | Bangalore, Karnataka, India | |||
| Weave Tax India Pvt Ltd | ₹3.81 Lakh (FY 2025) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Podar Olefins Private Limited, buy the company report.
Auditor
Podar Olefins Private Limited is audited by Ashwin Nair & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashwin Nair & Associates | FY 2022 | 165723 |
Shareholding
The shareholding of Podar Olefins Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Podar Olefins Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 1985 | 90227807 | Indian Bank | ₹2 Lakh | Open | |
| 23 Jul 1983 | 90227677 | Indian Bank | ₹1.5 Lakh | Open | |
| 06 Sep 1982 | 90227633 | G. S. F. C. | ₹9 Lakh | Open |
To see the full charge records of Podar Olefins Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Podar Olefins 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 Podar Olefins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Podar Olefins has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Podar Olefins Private Limited, buy the company report.
Recent activity
Podar Olefins Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Kusum Suresh Podar was appointed as Director on 02 Sep 1996.
Frequently asked questions
Podar Olefins is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 June 1981 (45+ years old) and is registered under CIN U24130MH1981PTC024663.
Podar Olefins has 2 current directors:
- Kusum Suresh Podar - Director
- Suresh Kalicharan Podar - Director
The latest financial statements of Podar Olefins on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Podar Olefins has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Podar Olefins is U24130MH1981PTC024663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Podar Olefins was incorporated on 20 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Podar Olefins by revenue are Shiv Jyoti Textiles Private Limited, M M Dyeing and Finishing Mills Private Limited, Sneha Textiles Private Limited, Weave Tax India Pvt Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kusum Suresh Podar was appointed as Director on 02 Sep 1996. Suresh Kalicharan Podar was appointed as Director on 28 Jul 1988.
The registered office of Podar Olefins is at Flt No6 1st Flr B Wing Udadhi Tarang Co – Op Hsg Soc Nxt To Jw Marriott Hotel Juhutara Road V, Ile Parlew, Mumbai, Maharashtra, India – 400049.
Podar Olefins operates in the manufacturing industry, in the textile and fabric production segment.
Podar Olefins has open charges of ₹12.5 Lakh and no satisfied charges on record as per latest MCA filings.