About Poly Plast Chemi-Plants(India) Private Limited
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Poly Plast Chemi-Plants(India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH1991PTC060175. Its GSTIN is 27AAACP3079P1ZV (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rahul Lalit Shah (Managing Director) and Harsha Lalit Shah.
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 Gr.Floor Thakore Industrial Estate Kurla Kirol Rd Khalai Village Vidyavihar (West), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.93 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Cr (net margin 3.6%) and EBITDA of ₹10.73 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹141.44 Cr and satisfied charges of ₹30.54 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyplast.co.in.
Company details
Contact details
Poly Plast Chemi-Plants(India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is polyplast.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGr.Floor Thakore Industrial Estate Kurla Kirol Rd Khalai Village Vidyavihar (West), Mumbai, Maharashtra, India – 400086
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Poly Plast Chemi-Plants(India) 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
Business activity
The main business activity of Poly Plast Chemi-Plants(India) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Poly Plast Chemi-Plants(India) Private Limited, buy the company report.
Financials of Poly Plast Chemi-Plants(India) Private Limited
FY 2025 filings availablePoly Plast Chemi-Plants(India) Private Limited reported revenue of ₹75.93 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 12% 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 |
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| EBITDA | ₹10.73 Cr | ||||
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| Net Profit (PAT) | ₹2.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Poly Plast Chemi-Plants(India) Private Limited, buy the company report.
Board of directors and KMP of Poly Plast Chemi-Plants(India) Private Limited
Poly Plast Chemi-Plants(India) Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Lalit Shah | Director | 01 Apr 1993 | 33 Years 7 Months | Current |
| Vishalsinh Ajitsinh Parmar Also directs: Vigor Composites Private Limited, R V D & Associates LLP | Cfo | 01 Sep 2021 | 5 Years 2 Months | Current |
| Rahul Lalit Shah | Managing Director | 15 Nov 2014 | 11 Years 11 Months | Current |
| Lalit Amritlal Shah | Director | 15 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Poly Plast Chemi-Plants(India) Private Limited is audited by M. B. AGRAWAL & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. B. AGRAWAL & CO | FY 2024 | 100137W |
Shareholding
The shareholding of Poly Plast Chemi-Plants(India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Poly Plast Chemi-Plants(India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2024 | 101034545 | State Bank of India | ₹16.9 Cr | Open | |
| 14 Oct 2024 | 100986236 | Hdfc Bank Limited | ₹32 Lakh | Open | |
| 16 Jul 2024 | 100950750 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 21 Oct 2023 | 100816589 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 03 Jul 2023 | 100750410 | Hdfc Bank Limited | ₹53.03 Cr | Open |
To see the full charge records of Poly Plast Chemi-Plants(India) Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Poly Plast Chemi-Plants(India) Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Poly Plast Chemi-Plants(India) Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Government Labour Officer S.S.Pagar | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government Labour Officer S.S.Pagar | Disposed |
To see the full case history of Poly Plast Chemi-Plants(India) 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 Poly Plast Chemi-Plants(India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Poly Plast Chemi-Plants(India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3079P1ZV | Maharashtra | Active | 01 Jul 2017 |
| 24AAACP3079P1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Poly Plast Chemi-Plants(India) Private Limited, buy the company report.
Recent activity
Poly Plast Chemi-Plants(India) Private Limited has 7 board changes on record since 1993: 4 appointments and 3 cessations. The latest: Rahul Lalit Shah ceased to be Director on 12 Apr 2023.
29 earlier events are in the company report.
Frequently asked questions
Poly Plast Chemi-Plants(India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 February 1991 (35+ years old) and is registered under CIN U29299MH1991PTC060175.
Poly Plast Chemi-Plants(India) has 4 current directors and KMP:
- Rahul Lalit Shah - Managing Director
- Harsha Lalit Shah - Director
- Lalit Amritlal Shah - Director
- Vishalsinh Ajitsinh Parmar - Cfo
The latest financial statements of Poly Plast Chemi-Plants(India) 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 Poly Plast Chemi-Plants(India) is 27AAACP3079P1ZV, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACP3079P1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Poly Plast Chemi-Plants(India) is U29299MH1991PTC060175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poly Plast Chemi-Plants(India) has 3 court cases on record: 3 filed against it. 1 is pending.
Poly Plast Chemi-Plants(India) was incorporated on 07 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Poly Plast Chemi-Plants(India) has 3 deals on record (3 secondary share transfers); the latest was in March 2017.
Rahul Lalit Shah ceased to be Director on 12 Apr 2023. Vishalsinh Ajitsinh Parmar was appointed as CFO on 01 Sep 2021. Avani Mahesh Shah ceased to be Director on 15 Nov 2014. Poly Plast Chemi-Plants(India) has 7 board changes on record in total.
Poly Plast Chemi-Plants(India) can be reached through the website polyplast.co.in. Its registered office is in Mumbai, Maharashtra, India.
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