MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-26-0332638
Polar Air Projects Private Limited
Polar Air Projects Private Limited - utilities in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.58 Cr
▲ 58% YoY
Net profit · FY 2025
₹3.44 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹14.2 Lakh
EBITDA margin 2.2%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
20
Provident fund records
Directors on board
2
As per MCA filings
About Polar Air Projects Private Limited
Data last updated:
Polar Air Projects Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the water supply segment of the utilities sector. It was incorporated on 22 September 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2022PTC214961.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Pravin Pralhad Rajguru and Yogesh Supadu Patil.
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 Flat No 401 Ujwal Sahisha Park Sr No48/6 Plot No Pune City Pune (Cb), Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.58 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹3.44 Lakh (net margin 0.5%) and EBITDA of ₹14.2 Lakh (EBITDA margin 2.2%).
The company has about 20 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
Polar Air Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0332638). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999PN2022PTC214961
Registration Number 214961
Incorporation Date 22 September 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0332638
Recognitions & Rankings of Polar Air Projects
Contact details
Polar Air Projects Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 401 Ujwal Sahisha Park Sr No48/6 Plot No Pune City Pune (Cb), Maharashtra, India – 411021
- IndustryUtilities, Water Supply
To see the full contact details of Polar Air Projects Private Limited, buy the company report.
Comprehensive company report
Polar Air Projects 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 Polar Air Projects is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Polar Air Projects Private Limited, buy the company report.
Financials of Polar Air Projects Private Limited
FY 2025 filings availablePolar Air Projects Private Limited reported revenue of ₹6.58 Cr (up 58% YoY) for FY 2025.
Revenue · FY 2025
₹6.58 Cr ▲ 58%
Net profit · FY 2025
₹3.44 Lakh margin 0.5%
EBITDA · FY 2025
₹14.2 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 58%
EBITDA CAGR growth
1 year
▼ 57%
Revenue rose 58% in the latest year. EBITDA fell 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹14.2 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.44 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.2% | ||
| Net Profit Margin | 0.5% | ||
| 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 Polar Air Projects Private Limited, buy the company report.
Board of directors of Polar Air Projects Private Limited
Polar Air Projects 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 |
|---|---|---|---|---|
| Pravin Pralhad Rajguru | Director | 22 Sep 2022 | 4 Years 1 Months | Current |
| Yogesh Supadu Patil | Director | 09 May 2024 | 2 Years 6 Months | Current |
Peer comparison
Polar Air Projects Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (electricity, gas, steam and air conditioning supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| O2 Renewable Energy VI Private Limited | ₹6.72 Cr (FY 2025) | 281.0% | New Delhi, Delhi, India | |||
| Sudiva Industries Private Limited | ₹6.71 Cr (FY 2025) | 4508.0% | Bhilwara, Rajasthan, India | |||
| Ven Malar Wind Energy Private Limited | ₹6.69 Cr (FY 2025) | 307.0% | Mettupalayam, Tamil Nadu, India | |||
| Fpel Solar Edge Private Limited | ₹6.68 Cr (FY 2025) | 88.0% | Delhi, India | |||
| Polar Air Projects Private Limitedthis company | ₹6.58 Cr (FY 2025) | ₹3.44 Lakh | 0.5% | 58.0% | 20 | Pune, Maharashtra, India |
| Solas Safety Service Station Private Limited | ₹6.54 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Bradhani Renewable Energy Private Limited | ₹6.52 Cr (FY 2025) | -10.0% | Tuticorin, Tamil Nadu, India | |||
| Cool Airways Engineers Private Limited | ₹6.47 Cr (FY 2024) | 13.0% | Delhi, India | |||
| Maa Usha Urja Private Limited | ₹6.42 Cr (FY 2025) | 0.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Polar Air Projects Private Limited, buy the company report.
Auditor
Polar Air Projects Private Limited is audited by MUNDHE SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUNDHE SHAH & CO. | FY 2023 | 133552W |
Shareholding
The shareholding of Polar Air Projects Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Polar Air Projects Private Limited, buy the company report.
Legal cases
Polar Air Projects Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Systemair India Pvt Ltd | Disposed |
To see the full case history of Polar Air Projects 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 Polar Air Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polar Air Projects Private Limited has a workforce of 20 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-25.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Polar Air Projects Private Limited, buy the company report.
GST
No GST registration is on our record for Polar Air Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polar Air Projects Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Yogesh Supadu Patil ceased to be Additional Director on 29 Sep 2024.
AGM
Polar Air Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polar Air Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Yogesh Supadu Patil ceased to be Additional Director.
Ceased
Chandrashekhar Sureshchandra Patil ceased to be Managing Director.
Appointed
Yogesh Supadu Patil was appointed as Director.
Appointed
Pravin Pralhad Rajguru was appointed as Director.
Incorporation
22 Sep 2022
Polar Air Projects Private Limited was registered on 22 Sep 2022 with Roc Pune & aged 4 years 1 month as per MCA records.
Frequently asked questions
Polar Air Projects is an active private limited company based in Pune, Maharashtra, India. The company works in water supply, within the utilities industry. It was incorporated on 22 September 2022 (4+ years old) and is registered under CIN U74999PN2022PTC214961.
Polar Air Projects has 2 current directors:
- Pravin Pralhad Rajguru - Director
- Yogesh Supadu Patil - Director
The latest financial statements of Polar Air Projects 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Polar Air Projects is U74999PN2022PTC214961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polar Air Projects has 1 court case on record: 1 filed against it.
Polar Air Projects was incorporated on 22 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Polar Air Projects by revenue are O2 Renewable Energy VI Private Limited, Sudiva Industries Private Limited, Ven Malar Wind Energy Private Limited, Fpel Solar Edge Private Limited, Solas Safety Service Station Private Limited and 3 more, all in the same principal business activity (electricity, gas, steam and air conditioning supply).
Yogesh Supadu Patil ceased to be Additional Director on 29 Sep 2024. Chandrashekhar Sureshchandra Patil ceased to be Managing Director on 09 May 2024. Yogesh Supadu Patil was appointed as Director on 09 May 2024. Polar Air Projects has 4 board changes on record in total.
Yes, Polar Air Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0332638).
The registered office of Polar Air Projects is at Flat No 401 Ujwal Sahisha Park Sr No486 Plot No Pune City Pune Cb, Maharashtra, India – 411021.
Polar Air Projects operates in the utilities industry, in the water supply segment.
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