About Polar Industries Ltd
Data last updated:
Polar Industries Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 June 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29303WB1982PLC034996. The company has 11 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹21.45 Cr. It is led by directors including Anil Kumar Agarwal (Managing Director) and Sunil Agarwal.
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 18 Rabindra Sarani Poddar Court Building, Kolkata, West Bengal, India – 700001.
As per MCA filings, the company has open charges of ₹192.28 Cr and satisfied charges of ₹27.64 Cr on record. Court records list 177 cases involving the company, including 112 filed by the company and 59 filed against it; 15 cases are pending. The company has 33 deals on record (31 market trades, 2 funding rounds), with disclosed funding of ₹1.02 Cr; the latest was in December 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website polarindustries.ca.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address18 Rabindra Sarani Poddar Court Building, Kolkata, West Bengal, India – 700001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
Financials of Polar Industries Ltd FY 2025 filings available
Financial Statement Summary of Polar Industries Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Industries Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Industries 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.
Auditor Details of Polar Industries Ltd
Auditor information for Polar Industries Ltd provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Polar Industries Ltd
Polar Industries has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Agarwal | Director | 20 Jan 1990 | 36 Years 8 Months | Current |
| Jog Lal Also directs: Heynen India Limited, Abanar Marketing Limited, Polzone Industries Private Limited and 1 more | Director | 04 Jan 2020 | 6 Years 9 Months | Current |
| Tunnu Mahato Also directs: Sheffield Appliances Limited, Artica Forging and Tools Limited, Dhruviya International Limited and 5 more | Director | 30 Nov 2018 | 7 Years 10 Months | Current |
| Anil Kumar Agarwal Also directs: Sheffield Appliances Limited, Artica Forging and Tools Limited, Dhruviya International Limited and 5 more | Managing Director | 16 Dec 1983 | 42 Years 9 Months | Current |
Ownership and Shareholding of Polar Industries Ltd
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 Polar Industries Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2011 | The Saraswat Co-Operative Bank Limited | ₹9 Cr | Open |
| 31 Mar 2011 | The Saraswat Co-Operative Bank Limited | ₹9 Cr | Open |
| 04 Sep 2006 | Mr Sunil Gupta | ₹2 Cr | Open |
| 16 Oct 2002 | Western India Trustee and Executor Co. Ltd | ₹20.69 Lakh | Open |
| 11 Dec 2001 | Allahabad Bank | ₹2.7 Cr | Open |
Total charge records: 27 View all charges
Deals & Funding of Polar Industries Ltd
Polar Industries Ltd has 33 deals on record (31 market trades, 2 funding rounds), with disclosed funding of ₹1.02 Cr; the latest was in December 2012.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2011 | Market trade | ₹10 Lakh | Buyer: Inventure Growth and Securities Limited , an individual Seller: an individual |
| Jul 2011 | Market trade | ₹5.7 Lakh | Buyer: NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
| Oct 2010 | Market trade | ₹9.7 Lakh | Buyer: Raviraj Developers Limited , NBN Fintrade Private Limited Seller: NBN Fintrade Private Limited |
| Jun 2010 | Market trade | ₹6.6 Lakh | Buyer: Raviraj Developers Limited |
| Apr 2010 | Market trade | ₹4 Lakh | Buyer: Darshan Financial Services Private Limited |
Full deal history
All 33 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Polar Industries Ltd
Polar Industries Ltd has 177 court cases on record: 112 filed by Polar Industries, 59 filed against it, 6 where it is another party. 15 cases are pending and 162 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 117 | 23 | 6 |
| District courts | 60 | 36 | 9 |
Cases on record (5 of 177)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Liberal Commodeal Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Awagaman Road Carriers Limited | Pending |
| Calcutta High Court | Court case (CRR) | Filed against the company by Liberal Commodeal Private Limited | Disposed |
| District court, South East, Delhi | Court case (T.P. CRL) | Filed against the company by Saurya Urja Projects & Systems Private Limited | Disposed |
| District court, South East, Delhi | Revision petition | Filed by the company against Saurya Urja Projects & Systems Private Limited | Disposed |
Full case history
All 177 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Polar Industries Ltd
Polar Industries Ltd has a workforce of 0 employees as of Jan 07, 2025.
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.
CIN History of Polar Industries Ltd
Polar Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29303WB1982PLC034996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29303WB1982PLC034996 | Current |
| L29303WB1982PLC034996 | Previous |
| U99999WB1982PLC034996 | Previous |
Recent Activity on Polar Industries Ltd
Polar Industries Ltd has 21 board changes on record since 1983: 4 appointments and 17 cessations. The latest: Jog Lal was appointed as Director on 04 Jan 2020.
67 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polar Industries Ltd
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.
MSME Payment Delays by Polar Industries Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Polar Industries Ltd
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 Polar Industries Ltd
Polar Industries has 11 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Polar Industries Ltd
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 Polar Industries Ltd
Polar Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 June 1982 (44+ years old) and is registered under CIN U29303WB1982PLC034996.
Polar Industries has 4 current directors:
- Anil Kumar Agarwal - Managing Director
- Sunil Agarwal - Director
- Jog Lal - Director
- Tunnu Mahato - Director
No. Polar Industries has 11 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Polar Industries is U29303WB1982PLC034996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polar Industries has 177 court cases on record: 112 filed by the company and 59 filed against it. 15 are pending. Most are in the high courts.
Polar Industries was incorporated on 19 June 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
Polar Industries has 33 deals on record (31 market trades, 2 funding rounds), with disclosed funding of ₹1.02 Cr; the latest was in December 2012.
Jog Lal was appointed as Director on 04 Jan 2020. Sujit Kumar Mondal ceased to be Director on 30 Nov 2018. Tunnu Mahato was appointed as Director on 30 Nov 2018. Polar Industries has 21 board changes on record in total.
Polar Industries can be reached through the website polarindustries.ca. Its registered office is in Kolkata, West Bengal, India.
The registered office of Polar Industries is at 18 Rabindra Sarani Poddar Court Building, Kolkata, West Bengal, India – 700001.