About Polybond Insulation Private Limited
Data last updated:
Polybond Insulation Private Limited is a private limited company based in Rajnandgaon, Chhattisgarh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U17123CT1995PTC010072. Its GSTIN is 22AABCP6242P1Z9 (Chattisgarh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3 Cr. It is led by directors Umesh Chitalangia and Ramayan Prasad Chourasiya.
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 Chitalangia Compound Basantpur, Rajnandgaon, Chhattisgarh, India – 491441.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.66 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.34 Cr (net margin 4.5%) and EBITDA of ₹4.86 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polybond Insulation. As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 42 cases involving the company, including 34 filed by the company and 1 filed against it; 4 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹75 Lakh; the latest was in March 2014. Its 10 peer companies in the same principal business activity (Wholesale Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Akshit Tradelink Private Limited with revenue of ₹73.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polybond.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressChitalangia Compound Basantpur, Rajnandgaon, Chhattisgarh, India – 491441
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Polybond Insulation Private Limited
The main business activities of Polybond Insulation are trade and manufacturing. In detail, this covers wholesale trading and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Polybond Insulation Private Limited FY 2025 filings available
Polybond Insulation Private Limited reported revenue of ₹73.66 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Polybond Insulation Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 6% 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 Polybond Insulation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹73.66 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.34 Cr | •••• | •••• | •••• | •••• |
| 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 Polybond Insulation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Polybond Insulation are in the company report.
Financial statements from 2015
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 Polybond Insulation Private Limited
Polybond Insulation Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akshit Tradelink Private Limited | ₹73.73 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Surat, Gujarat, India |
| Harihar Iron and Steel Private Limited | ₹73.73 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Rourkela, Odisha, India |
| Yatee Traders Private Limited | ₹73.72 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Stonevault Exports (India) Private Limited | ₹73.71 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Beawar, Rajasthan, India |
| Mobaccs India Private Limited | ₹73.66 Cr (FY 2020) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Polybond Insulation Private Limited this company | ₹73.66 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Rajnandgaon, Chhattisgarh, India |
| Supreme Audiotronics Private Limited | ₹73.65 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Shree Ashtavinayak Ferrous Private Limited | ₹73.63 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Pune, Maharashtra, India |
| Singhaliron Sales and Services Private Limited | ₹73.62 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Ghazipur, Uttar Pradesh, India |
| N. R. Aeren Agro Private Limited | ₹73.62 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Delhi, India |
| S D Traders Private Limited | ₹73.6 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Zirakpur, Punjab, India |
Peers are the five companies nearest above and the five nearest below Polybond Insulation by revenue in the same principal business activity (Wholesale Trading), 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 Polybond Insulation Private Limited
Polybond Insulation Private Limited is audited by PARSHVM & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARSHVM & 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 Polybond Insulation Private Limited
Polybond Insulation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Chitalangia Also directs: Polybond Projects Private Limited, Polybond Rock Fibre Private Limited, Fair Flux Pvt Ltd. and 1 more | Director | 18 Oct 2021 | 4 Years 11 Months | Current |
| Ramayan Prasad Chourasiya | Director | 30 Dec 2017 | 8 Years 9 Months | Current |
Ownership and Shareholding of Polybond Insulation 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 Polybond Insulation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2019 | Others | ₹6 Cr | Open |
| 01 Jan 2001 | Dena Bank | ₹6.5 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Polybond Insulation Private Limited
Polybond Insulation Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹75 Lakh; the latest was in March 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹75 Lakh | Investors: Trident Lami Pack Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Trident Lami Pack Private Limited Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Dynafin & Trading Private Limited, 2 individuals |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Jal Sagar Dealers Private Limited, Macro Leafing Private Limited, Shreyansh Leafing Private Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Polybond Insulation Private Limited
Polybond Insulation Private Limited has 42 court cases on record: 34 filed by Polybond Insulation, 1 filed against it, 7 where it is another party. 4 cases are pending and 38 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 1 | 4 |
| High courts | 7 | 0 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against Blown Insulation Services Private Limited | Pending |
| District court, Durg, Chhattisgarh | Court case (MJC Civil) | Filed by the company against Steel Authority of India Limited | Disposed |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against Haji Technology Pvt. Ltd | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against an individual | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against an individual | Pending |
Full case history
All 42 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 Polybond Insulation Private Limited
Polybond Insulation operates one associated brand: Polybond Insulation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of stone wool insulation for thermal, acoustic, and fire-retardant applications in industrial sectors. | polybond.co.in |
Employees and EPFO Compliance at Polybond Insulation Private Limited
Polybond Insulation Private Limited has a workforce of 46 employees as of Dec 08, 2025.
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.
CIN History of Polybond Insulation Private Limited
Polybond Insulation has one previous CIN (Corporate Identification Number): U17123MP1995PTC010072. The current CIN is U17123CT1995PTC010072, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17123CT1995PTC010072 | Current |
| U17123MP1995PTC010072 | Previous |
Recent Activity on Polybond Insulation Private Limited
Polybond Insulation Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Ashish Chitlangia ceased to be Director on 19 Oct 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polybond Insulation 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 Polybond Insulation 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 Polybond Insulation 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 Polybond Insulation Private Limited
Polybond Insulation has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCP6242P1Z9 | Chattisgarh | Active | 01 Jul 2017 |
| 22AABCP6242P2Z8 | Chattisgarh | Active | 01 Jul 2017 |
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 Polybond Insulation 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 Polybond Insulation Private Limited
Polybond Insulation is an active private limited company based in Rajnandgaon, Chhattisgarh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 October 1995 (31+ years old) and is registered under CIN U17123CT1995PTC010072.
Polybond Insulation reported revenue of ₹73.66 Cr for FY 2024 (down 4% YoY).
Polybond Insulation has 2 current directors:
- Umesh Chitalangia - Director
- Ramayan Prasad Chourasiya - Director
Polybond Insulation reported a net profit of ₹3.34 Cr (net margin 4.5%) and EBITDA of ₹4.86 Cr (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polybond Insulation is 17% over three years and 14% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polybond Insulation is 22AABCP6242P1Z9, registered in Chattisgarh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 22AABCP6242P2Z8 (Chattisgarh).
The CIN (Corporate Identification Number) of Polybond Insulation is U17123CT1995PTC010072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polybond Insulation has 42 court cases on record: 34 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Polybond Insulation was incorporated on 16 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Polybond Insulation has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹75 Lakh; the latest was in March 2014.
The peers of Polybond Insulation by revenue are Akshit Tradelink Private Limited, Harihar Iron and Steel Private Limited, Yatee Traders Private Limited, Stonevault Exports (India) Private Limited, Mobaccs India Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).