About Polfrost Air Con Private Limited
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Polfrost Air Con Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 09 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29192MH1989PTC050945. Its GSTIN is 27AABCP7782J1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vinod Keshavlal Thakkar and Parth Vinod Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.12 Cr. For the same year it recorded a net profit of ₹9.17 Lakh (net margin 2.9%) and EBITDA of ₹24.19 Lakh (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.97 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polfrost.com.
Company details
Contact details
Polfrost Air Con Private Limited's registered office is in Thane, Maharashtra. Its website is polfrost.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.263 Rambaug Satsang Bhavan, Pokhran Road No.1 Upvan Vartak Nagar, Thane, Maharashtra, India – 400607
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Polfrost Air Con Private Limited, buy the company report.
- 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
Financials of Polfrost Air Con Private Limited
FY 2023 filings availablePolfrost Air Con Private Limited reported revenue of ₹3.12 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.17 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| 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 | |||||
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| 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 Polfrost Air Con Private Limited, buy the company report.
Board of directors of Polfrost Air Con Private Limited
Polfrost Air Con has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Keshavlal Thakkar | Director | 09 Mar 1989 | 37 Years 7 Months | Current |
| Parth Vinod Thakkar | Director | 20 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Polfrost Air Con Private Limited is audited by VJF & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VJF & Associates | FY 2023 | 117239 |
Shareholding
The shareholding of Polfrost Air Con Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polfrost Air Con Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2023 | 100845880 | Others | ₹1 Cr | Open | |
| 01 Mar 2007 | 10044490 | Punjab National Bank | ₹8.7 Lakh | Open | |
| 15 Feb 2007 | 10054659 | Punjab Nationa Bank | ₹1.68 Cr | Open | |
| 30 Oct 2000 | 80008558 | Punjab National Bank | ₹1.2 Cr | Open |
To see the full charge records of Polfrost Air Con Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Polfrost Air Con Private Limited has 3 court cases on record: 2 filed by Polfrost Air Con, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Leo Chemo Plast Pvt Ltd Through Rishikesh Maruti Pokale | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Peninsula Polymers Ltd 1 | Disposed |
To see the full case history of Polfrost Air Con 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 Polfrost Air Con Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polfrost Air Con Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Polfrost Air Con has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP7782J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polfrost Air Con Private Limited, buy the company report.
Recent activity
Polfrost Air Con Private Limited has 3 board changes on record since 1989: 2 appointments and 1 cessation. The latest: Pradip Keshavlal Thakkar ceased to be Director on 14 Nov 2011.
Frequently asked questions
Polfrost Air Con is an active private limited company based in Thane, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 09 March 1989 (37+ years old) and is registered under CIN U29192MH1989PTC050945.
Polfrost Air Con has 2 current directors:
- Vinod Keshavlal Thakkar - Director
- Parth Vinod Thakkar - Director
The latest financial statements of Polfrost Air Con on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Polfrost Air Con is 27AABCP7782J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polfrost Air Con is U29192MH1989PTC050945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polfrost Air Con has 3 court cases on record: 2 filed by the company and 1 filed against it.
Polfrost Air Con was incorporated on 09 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Pradip Keshavlal Thakkar ceased to be Director on 14 Nov 2011. Parth Vinod Thakkar was appointed as Director on 20 Aug 2010. Vinod Keshavlal Thakkar was appointed as Director on 09 Mar 1989.
Polfrost Air Con can be reached through the website polfrost.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Polfrost Air Con is at Plot No.263 Rambaug Satsang Bhavan, Pokhran Road No.1 Upvan Vartak Nagar, Thane, Maharashtra, India – 400607.
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