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Polar Canvas Technologies Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.18 Cr
▲ 64% YoY
Net profit · FY 2025
₹10.34 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹15.64 Lakh
EBITDA margin 3.7%
Authorised capital
₹50,000
Registered with MCA
Paid-up capital
₹11,190
Issued & subscribed
Open charges
₹1.6 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Polar Canvas Technologies Private Limited
Data last updated:
Polar Canvas Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U22100KA2020PTC133929. Its GSTIN is 29AALCP1295L1ZQ (Karnataka).
The company has an authorised share capital of ₹50,000 and a paid-up capital of ₹11,190. It is led by directors including Swetha Subramanyam and Bolineni Soundharya.
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 #102 Sri Sai Palace 8th Cross 3rd Main Hoysalanagar Ramamurthy Nagar, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹10.34 Lakh (net margin 2.5%) and EBITDA of ₹15.64 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 172% over three years.
The company is associated with 1 brand: PolarCanvas. As per MCA filings, the company has open charges of ₹1.6 Cr on record.
Polar Canvas Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0004674). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polarcanvas.com.
Company Details of Polar Canvas Technologies Private Limited
CIN U22100KA2020PTC133929
Registration Number 133929
Incorporation Date 27 April 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0004674
Key People
Swetha Subramanyam Director Bolineni Soundharya Director Sai Prasanna Kumar Buduru Director Recognitions & Rankings of Polar Canvas Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0004674
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#102 Sri Sai Palace 8th Cross 3rd Main Hoysalanagar Ramamurthy Nagar, Bangalore, Karnataka, India – 560016
- IndustryE-Commerce, General E-Commerce Platforms
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Associated Brands with Polar Canvas Technologies Private Limited
Polar Canvas Technologies operates one associated brand: PolarCanvas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging solutions including corrugated products, tapes, and stretch film for retail, e-commerce, and manufacturing industries. | polarcanvas.com |
Business Activity of Polar Canvas Technologies Private Limited
The main business activity of Polar Canvas Technologies is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Polar Canvas Technologies Private Limited FY 2025 filings available
Polar Canvas Technologies Private Limited reported revenue of ₹4.18 Cr (up 64% YoY) for FY 2025.
Revenue · FY 2025
₹4.18 Cr ▲ 64%
Net profit · FY 2025
₹10.34 Lakh margin 2.5%
EBITDA · FY 2025
₹15.64 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR) of Polar Canvas Technologies Private Limited
Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 172%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 146%
Revenue has grown at a compounded annual rate (CAGR) of 172% over three years, including 64% growth in the latest year. EBITDA rose 14% 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 Polar Canvas Technologies 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 | ₹15.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.34 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 Polar Canvas Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Polar Canvas Technologies are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Polar Canvas Technologies Private Limited
Polar Canvas Technologies has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swetha Subramanyam | Director | 27 Apr 2020 | 6 Years 5 Months | Current |
| Bolineni Soundharya | Director | 27 Apr 2020 | 6 Years 5 Months | Current |
| Sai Prasanna Kumar Buduru | Director | 28 Sep 2024 | 2 Years 0 Months | Current |
Peer Comparison of Polar Canvas Technologies Private Limited
Polar Canvas Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Printing, reproduction of recorded media). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inxscented Media Private Limited | ₹4.22 Cr (FY 2024) | •••• | •••• | 263.0% | •••• | Faridabad, Haryana, India |
| Phulwari Education Private Limited | ₹4.2 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Chanchal Publications Private Limited | ₹4.2 Cr (FY 2016) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Aisue Packaging Private Limited | ₹4.2 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Aakruti Multipack Private Limited | ₹4.2 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Himatnagar, Gujarat, India |
| Polar Canvas Technologies Private Limited this company | ₹4.18 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
| Ad Process (Printers) Private Limited | ₹4.17 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Libertypaint Coating India Private Limited | ₹4.17 Cr (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Sanmati Printsolutionss Private Limited | ₹4.16 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Jaipur, Rajasthan, India |
| Barspell Technologies India Private Limited | ₹4.14 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Pune, Maharashtra, India |
| Venkataramana Digital Imaging Private Limited | ₹4.13 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Polar Canvas Technologies by revenue in the same principal business activity (Printing, reproduction of recorded media), 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 Polar Canvas Technologies Private Limited
Polar Canvas Technologies Private Limited is audited by N C V & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N C V & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Polar Canvas Technologies Private Limited
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Charges & Borrowings of Polar Canvas Technologies Private Limited
Open charges
₹1.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2025 | Others | ₹1.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Polar Canvas Technologies Private Limited
Employment history and EPFO contributions of people linked to Polar Canvas Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Polar Canvas Technologies Private Limited
Polar Canvas Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sai Prasanna Kumar Buduru was appointed as Director on 28 Sep 2024.
Charges
A charge with Others amounted to Rs. 16,000,000.00 with Charge ID 101197379 was registered on 27 Nov 2025.
AGM
Polar Canvas Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polar Canvas Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Sai Prasanna Kumar Buduru was appointed as Director.
Appointed
Bolineni Soundharya was appointed as Director.
Appointed
Swetha Subramanyam was appointed as Director.
Incorporation
27 Apr 2020
Polar Canvas Technologies Private Limited was registered on 27 Apr 2020 with Roc Bangalore & aged 6 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Polar Canvas Technologies Private Limited
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MSME Payment Delays by Polar Canvas Technologies Private Limited
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Subsidiaries & Group Companies of Polar Canvas Technologies Private Limited
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GST Compliance of Polar Canvas Technologies Private Limited
Polar Canvas Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP1295L1ZQ | Karnataka | Active | 19 Sep 2020 |
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MCA Filings & Documents of Polar Canvas Technologies Private Limited
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Frequently Asked Questions about Polar Canvas Technologies Private Limited
Polar Canvas Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 April 2020 (6+ years old) and is registered under CIN U22100KA2020PTC133929.
Polar Canvas Technologies reported revenue of ₹4.18 Cr for FY 2025 (up 64% YoY).
Polar Canvas Technologies has 3 current directors:
- Swetha Subramanyam - Director
- Bolineni Soundharya - Director
- Sai Prasanna Kumar Buduru - Director
Polar Canvas Technologies reported a net profit of ₹10.34 Lakh (net margin 2.5%) and EBITDA of ₹15.64 Lakh (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polar Canvas Technologies is 172% over three years. In the latest year (FY 2025) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polar Canvas Technologies is 29AALCP1295L1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Polar Canvas Technologies is U22100KA2020PTC133929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polar Canvas Technologies was incorporated on 27 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Polar Canvas Technologies by revenue are Inxscented Media Private Limited, Phulwari Education Private Limited, Chanchal Publications Private Limited, Aisue Packaging Private Limited, Aakruti Multipack Private Limited and 5 more, all in the same principal business activity (Printing, reproduction of recorded media).
Sai Prasanna Kumar Buduru was appointed as Director on 28 Sep 2024. Bolineni Soundharya was appointed as Director on 27 Apr 2020. Swetha Subramanyam was appointed as Director on 27 Apr 2020.
Yes, Polar Canvas Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).