MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0133888
Polaron Technologies Private Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.81 Lakh
▲ 23% YoY
Net profit · FY 2024
₹89,247
Net margin 4.3%
EBITDA · FY 2024
₹5.03 Lakh
EBITDA margin 24.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Polaron Technologies Private Limited
Data last updated:
Polaron Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC284856. Its GSTIN is 27AAICP8185C1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Makarand Jaywant Wagh and Santosh Jaywant Wagh.
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 2024, the company reported a revenue of ₹20.81 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹89,247 (net margin 4.3%) and EBITDA of ₹5.03 Lakh (EBITDA margin 24.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company is associated with 1 brand: Polaron Technologies.
Polaron Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0133888). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polarontechnologies.com.
Company details
CIN U74999MH2016PTC284856
Registration Number 284856
Incorporation Date 16 August 2016
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-19-0133888
Recognitions & Rankings of Polaron Technologies
Contact details
Polaron Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is polarontechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 201 Silver Astra Premises Chs Ltd. Cts – 468 – C, Near Saidev Hotel Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Polaron Technologies Private Limited, buy the company report.
Comprehensive company report
Polaron Technologies 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
Brands
Polaron Technologies operates one associated brand: Polaron Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Critical wireless solutions, cyber forensics, and defense security are provided. | polarontechnologies.com |
Business activity
The main business activity of Polaron Technologies is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Polaron Technologies Private Limited, buy the company report.
Financials of Polaron Technologies Private Limited
FY 2025 filings availablePolaron Technologies Private Limited reported revenue of ₹20.81 Lakh (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹20.81 Lakh ▲ 23%
Net profit · FY 2024
₹89,247 margin 4.3%
EBITDA · FY 2024
₹5.03 Lakh margin 24.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 4%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 19%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 23% growth in the latest year. EBITDA rose 33% 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 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 | ₹5.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89,247 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.2% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Polaron Technologies Private Limited, buy the company report.
Board of directors of Polaron Technologies Private Limited
Polaron Technologies has 4 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 |
|---|---|---|---|---|
| Makarand Jaywant Wagh Also directs: Kargo Iq.Ai Logistics Private Limited, Aetheris Technologies Private Limited, Equipresearch and Projects Private Limited and 4 more | Director | 08 May 2021 | 5 Years 5 Months | Current |
| Santosh Jaywant Wagh Also directs: Kargo Iq.Ai Logistics Private Limited, Aetheris Technologies Private Limited, Macans Infotech Private Limited and 3 more | Director | 08 May 2021 | 5 Years 5 Months | Current |
| Jaywant Uttam Wagh | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Anita Jaywant Wagh | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Polaron Technologies Private Limited is audited by MILIND JOSHI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILIND JOSHI & ASSOCIATES | FY 2021 | 119315W |
Shareholding
The shareholding of Polaron Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Polaron Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Polaron Technologies 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 Polaron Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polaron Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP8185C1Z5 | Maharashtra | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Polaron Technologies Private Limited, buy the company report.
Recent activity
Polaron Technologies Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Makarand Jaywant Wagh ceased to be Additional Director on 30 Nov 2021.
AGM
Polaron Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polaron Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Makarand Jaywant Wagh ceased to be Additional Director.
Ceased
Santosh Jaywant Wagh ceased to be Additional Director.
Appointed
Makarand Jaywant Wagh was appointed as Director.
Appointed
Santosh Jaywant Wagh was appointed as Director.
Appointed
Anita Jaywant Wagh was appointed as Director.
Appointed
Jaywant Uttam Wagh was appointed as Director.
Incorporation
16 Aug 2016
Polaron Technologies Private Limited was registered on 16 Aug 2016 with Roc Mumbai I & aged 10 years 2 months as per MCA records.
Frequently asked questions
Polaron Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U74999MH2016PTC284856.
Polaron Technologies has 4 current directors:
- Makarand Jaywant Wagh - Director
- Santosh Jaywant Wagh - Director
- Jaywant Uttam Wagh - Director
- Anita Jaywant Wagh - Director
The latest financial statements of Polaron Technologies 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 2017 are in the company report.
The GSTIN of Polaron Technologies is 27AAICP8185C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polaron Technologies is U74999MH2016PTC284856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polaron Technologies was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Makarand Jaywant Wagh ceased to be Additional Director on 30 Nov 2021. Santosh Jaywant Wagh ceased to be Additional Director on 30 Nov 2021. Makarand Jaywant Wagh was appointed as Director on 08 May 2021. Polaron Technologies has 6 board changes on record in total.
Yes, Polaron Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0133888).
Polaron Technologies can be reached through the website polarontechnologies.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Polaron Technologies is at B – 201 Silver Astra Premises Chs Ltd. Cts – 468 – C, Near Saidev Hotel Andheri East, Mumbai, Maharashtra, India – 400059.