Polfrost Air Con Private Limited

Polfrost Air Con Private Limited - transport and logistics in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U29192MH1989PTC050945 Incorporated 09 March 1989 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2023
₹3.12 Cr
Latest filing
Net profit · FY 2023
₹9.17 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹24.19 Lakh
EBITDA margin 7.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.97 Cr
Secured borrowings
Company age
37 yrs
Est. 1989
Employees · EPFO
4
Provident fund records

About Polfrost Air Con Private Limited

Data last updated:

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

CIN U29192MH1989PTC050945
Registration Number 050945
Incorporation Date 09 March 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

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
  • Registered Address
    Plot No.263 Rambaug Satsang Bhavan, Pokhran Road No.1 Upvan Vartak Nagar, Thane, Maharashtra, India – 400607
  • Industry
    Transport and Logistics, Cold Storage & Warehousing Services

To see the full contact details of Polfrost Air Con Private Limited, buy the company report.

Comprehensive company report
Polfrost Air Con 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
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Financials of Polfrost Air Con Private Limited

FY 2023 filings available

Polfrost Air Con Private Limited reported revenue of ₹3.12 Cr for FY 2023.

Revenue · FY 2023
₹3.12 Cr
Net profit · FY 2023
₹9.17 Lakh margin 2.9%
EBITDA · FY 2023
₹24.19 Lakh margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 14%
5 years · compounded
▼ 5%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%
Net Profit Margin2.9%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinod Keshavlal ThakkarDirector09 Mar 198937 Years 7 MonthsCurrent
Parth Vinod ThakkarDirector20 Aug 201016 Years 2 MonthsCurrent

Auditor

Polfrost Air Con Private Limited is audited by VJF & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VJF & AssociatesFY 2023117239

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 categoryFY 2023FY 2020FY 2019FY 2018FY 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

Open charges
₹3.97 Cr
Satisfied charges
None
Breakdown by lending institutions
Punjab Nationa Bank₹1.68 Cr
Punjab National Bank₹1.29 Cr
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Dec 2023100845880Others₹1 CrOpen
01 Mar 200710044490Punjab National Bank₹8.7 LakhOpen
15 Feb 200710054659Punjab Nationa Bank₹1.68 CrOpen
30 Oct 200080008558Punjab National Bank₹1.2 CrOpen

To see the full charge records of Polfrost Air Con Private Limited, buy the company report.

Total charge records: 4 View all charges

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.

Employee count
4
Active EPFO establishments
1

GST

Polfrost Air Con has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCP7782J1ZWMaharashtraActive01 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.

Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100845880 was registered on 20 Dec 2023.
AGM
Polfrost Air Con Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Polfrost Air Con Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Charges
A charge with Punjab National Bank of Rs. 120.00 Lakh registered on 30 Oct 2000 with Charge ID 80008558 was modified on 25 Aug 2012.
Ceased
Pradip Keshavlal Thakkar ceased to be Director.
Appointed
Parth Vinod Thakkar was appointed as Director.
Charges
A charge with Punjab National Bank amounted to Rs. 8.70 Lakh with Charge ID 10044490 was registered on 01 Mar 2007.
Charges
A charge with Punjab Nationa Bank amounted to Rs. 168.00 Lakh with Charge ID 10054659 was registered on 15 Feb 2007.
Charges
A charge with Punjab National Bank amounted to Rs. 120.00 Lakh with Charge ID 80008558 was registered on 30 Oct 2000.
Appointed
Vinod Keshavlal Thakkar was appointed as Director.
Incorporation
09 Mar 1989
Polfrost Air Con Private Limited was registered on 09 Mar 1989 with Roc Mumbai Ii & aged 37 years 7 months as per MCA records.

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:

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.