MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0068113
Polaris Marine Engineering Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.9 Cr
▼ 16% YoY
Net profit · FY 2025
₹5.58 Lakh
Net margin 2.9%
EBITDA · FY 2025
₹6.94 Lakh
EBITDA margin 3.7%
Authorised capital
₹2.5 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Open charges
₹1.38 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Polaris Marine Engineering Private Limited
Data last updated:
Polaris Marine Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 30 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35923MH2007PTC167398. Its GSTIN is 27AAECP1402C1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Bishwokalyani Kalyankumar Jena and Kalyankumar Gandharba Jena.
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 Shop No 03 Kokan Manzil Barister Nathpai Marg Dockyard Road, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.9 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.58 Lakh (net margin 2.9%) and EBITDA of ₹6.94 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹1.38 Cr on record.
Polaris Marine Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0068113). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polarismarine.tradeindia.com.
Company details
CIN U35923MH2007PTC167398
Registration Number 167398
Incorporation Date 30 January 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0068113
Recognitions & Rankings of Polaris Marine Engineering
Contact details
Polaris Marine Engineering Private Limited's registered office is in Mumbai, Maharashtra. Its website is polarismarine.tradeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No 03 Kokan Manzil Barister Nathpai Marg Dockyard Road, Mumbai, Maharashtra, India – 400010
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Polaris Marine Engineering Private Limited, buy the company report.
Comprehensive company report
Polaris Marine Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Polaris Marine Engineering is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Polaris Marine Engineering Private Limited, buy the company report.
Financials of Polaris Marine Engineering Private Limited
FY 2025 filings availablePolaris Marine Engineering Private Limited reported revenue of ₹1.9 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹1.9 Cr ▼ 16%
Net profit · FY 2025
₹5.58 Lakh margin 2.9%
EBITDA · FY 2025
₹6.94 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 25%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 26%
5 years · compounded
▼ 24%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 77% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.58 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Polaris Marine Engineering Private Limited, buy the company report.
Board of directors of Polaris Marine Engineering Private Limited
Polaris Marine Engineering has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bishwokalyani Kalyankumar Jena | Director | 30 Jan 2007 | 19 Years 9 Months | Current |
| Kalyankumar Gandharba Jena | Director | 30 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Polaris Marine Engineering Private Limited is audited by JAGDISH BANSAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH BANSAL & ASSOCIATES | FY 2022 | 103820W |
Shareholding
The shareholding of Polaris Marine Engineering Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polaris Marine Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2025 | 101065580 | Others | ₹77.84 Lakh | Open | |
| 28 Mar 2011 | 10286563 | Bank of Baroda | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Polaris Marine Engineering 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 Polaris Marine Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polaris Marine Engineering has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP1402C1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 21AAECP1402C1ZF | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polaris Marine Engineering Private Limited, buy the company report.
Recent activity
Polaris Marine Engineering Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Bishwokalyani Kalyankumar Jena was appointed as Director on 30 Jan 2007.
AGM
Polaris Marine Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polaris Marine Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 77.84 Lakh with Charge ID 101065580 was registered on 07 Mar 2025.
Charges
A charge with Bank Of Baroda amounted to Rs. 60.00 Lakh with Charge ID 10286563 was registered on 28 Mar 2011.
Appointed
Bishwokalyani Kalyankumar Jena was appointed as Director.
Appointed
Kalyankumar Gandharba Jena was appointed as Director.
Incorporation
30 Jan 2007
Polaris Marine Engineering Private Limited was registered on 30 Jan 2007 with Roc Mumbai I & aged 19 years 9 months as per MCA records.
Frequently asked questions
Polaris Marine Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 30 January 2007 (19+ years old) and is registered under CIN U35923MH2007PTC167398.
Polaris Marine Engineering has 2 current directors:
- Bishwokalyani Kalyankumar Jena - Director
- Kalyankumar Gandharba Jena - Director
The latest financial statements of Polaris Marine Engineering 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.
The GSTIN of Polaris Marine Engineering is 27AAECP1402C1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAECP1402C1ZF (Odisha).
The CIN (Corporate Identification Number) of Polaris Marine Engineering is U35923MH2007PTC167398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polaris Marine Engineering was incorporated on 30 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Bishwokalyani Kalyankumar Jena was appointed as Director on 30 Jan 2007. Kalyankumar Gandharba Jena was appointed as Director on 30 Jan 2007.
Yes, Polaris Marine Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0068113).
Polaris Marine Engineering can be reached through the website polarismarine.tradeindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Polaris Marine Engineering is at Shop No 03 Kokan Manzil Barister Nathpai Marg Dockyard Road, Mumbai, Maharashtra, India – 400010.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages