About Polo Elevators India Private Limited
Data last updated:
Polo Elevators India Private Limited is a private limited company based in Delhi, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 10 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2018PTC329319. Its GSTIN is 07AAJCP6695C1Z3 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gaurav Bansal and Umang Bansal.
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 Kh. No. 926 & 927 Extended Lal Dora Village Rithala, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.92 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹15.82 Lakh (net margin 2%) and EBITDA of ₹21.87 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years and 109% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polo Elevators. Court records list 3 cases involving the company, including 1 filed against it; 2 cases are pending.
For more details, the company can be reached via its website poloelevators.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKh. No. 926 & 927 Extended Lal Dora Village Rithala, Delhi, India – 110085
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
Business Activity of Polo Elevators India Private Limited
The main business activity of Polo Elevators India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Polo Elevators India Private Limited FY 2025 filings available
Polo Elevators India Private Limited reported revenue of ₹7.92 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Polo Elevators India Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 109%. EBITDA rose 15% 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 of Polo Elevators India Private Limited
| 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 | ₹21.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.82 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 of Polo Elevators India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Polo Elevators India are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Polo Elevators India Private Limited
Polo Elevators India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharatq Conveyor Automation Private Limited | ₹8.16 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Gurgaon, Haryana, India |
| Eco Planet Elevators & Escalators Private Limited | ₹8.09 Cr (FY 2024) | •••• | •••• | 213.0% | •••• | Bangalore North, Karnataka, India |
| Kidar Nath Mahinder Nath Industries Private Limited | ₹8.04 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Delhi, India |
| BG Elevators and Escalators Private Limited | ₹8.02 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Hi Stack Industries Private Limited | ₹7.94 Cr (FY 2024) | •••• | •••• | 115.0% | •••• | Kochi, Kerala, India |
| Polo Elevators India Private Limited this company | ₹7.92 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Swastik Conveyor Systems Pvt Ltd | ₹7.89 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Saltlake, West Bengal, India |
| Dew Equipments Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Tusker Materials Handling Private Limited | ₹7.85 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Khed, Maharashtra, India |
| Salzgitter Lifts Private Limited | ₹7.79 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Hyderabad, Telangana, India |
| Carmac Technologies Private Limited | ₹7.74 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Polo Elevators India by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Polo Elevators India Private Limited
Polo Elevators India Private Limited is audited by SANJEEV RAMESHWAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJEEV RAMESHWAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Polo Elevators India Private Limited
Polo Elevators India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Bansal | Director | 10 Feb 2018 | 8 Years 7 Months | Current |
| Umang Bansal | Director | 10 Feb 2018 | 8 Years 7 Months | Current |
Ownership and Shareholding of Polo Elevators India Private Limited
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 Polo Elevators India Private Limited
Polo Elevators India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Polo Elevators India Private Limited
Polo Elevators India Private Limited has 3 court cases on record: 1 filed against it, 2 where it is another party. 2 cases are pending and 1 is disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by R.G. Scientific Enterprises Private Limited | Disposed |
| District court, North, Delhi | Court case (Contempt Petition) | Company is another party | Pending |
| District court, North, Delhi | Civil suit | Company is another party | Pending |
Full case history
All 3 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.
Associated Brands with Polo Elevators India Private Limited
Polo Elevators India operates one associated brand: Polo Elevators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elevator manufacturing, installation, and maintenance services in Delhi. | poloelevators.com |
Employees and EPFO Compliance at Polo Elevators India Private Limited
Polo Elevators India Private Limited has a workforce of 14 employees as of Apr 08, 2024.
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.
Recent Activity on Polo Elevators India Private Limited
Polo Elevators India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Gaurav Bansal was appointed as Director on 10 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Polo Elevators India Private Limited
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 Polo Elevators India Private Limited
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 Polo Elevators India Private Limited
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 Polo Elevators India Private Limited
Polo Elevators India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCP6695C1Z3 | Delhi | Active | 25 Mar 2022 |
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 Polo Elevators India Private Limited
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 Polo Elevators India Private Limited
Polo Elevators India is an active private limited company based in Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 10 February 2018 (8+ years old) and is registered under CIN U31909DL2018PTC329319.
Polo Elevators India reported revenue of ₹7.92 Cr for FY 2025 (down 9% YoY).
Polo Elevators India has 2 current directors:
- Gaurav Bansal - Director
- Umang Bansal - Director
Polo Elevators India reported a net profit of ₹15.82 Lakh (net margin 2%) and EBITDA of ₹21.87 Lakh (EBITDA margin 2.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polo Elevators India is 246% over three years and 109% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polo Elevators India is 07AAJCP6695C1Z3, registered in Delhi.
The CIN (Corporate Identification Number) of Polo Elevators India is U31909DL2018PTC329319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polo Elevators India has 3 court cases on record: 1 filed against it. 2 are pending.
Polo Elevators India was incorporated on 10 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Polo Elevators India by revenue are Bharatq Conveyor Automation Private Limited, Eco Planet Elevators & Escalators Private Limited, Kidar Nath Mahinder Nath Industries Private Limited, BG Elevators and Escalators Private Limited, Hi Stack Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Gaurav Bansal was appointed as Director on 10 Feb 2018. Umang Bansal was appointed as Director on 10 Feb 2018.