MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CG-05-0002107
Polybond Insulation Private Limited - machinery and equipment in Rajnandgaon, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹73.66 Cr
▼ 4% YoY
Net profit · FY 2024
₹3.34 Cr
Net margin 4.5%
EBITDA · FY 2024
₹4.86 Cr
EBITDA margin 6.6%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹6.5 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
46
Provident fund records
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 8 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.
Polybond Insulation Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-05-0002107). 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.
Company details
CIN U17123CT1995PTC010072
Registration Number 010072
Incorporation Date 16 October 1995
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-05-0002107
CIN history
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 |
Recognitions & Rankings of Polybond Insulation
Contact details
Polybond Insulation Private Limited's registered office is in Rajnandgaon, Chhattisgarh. Its website is polybond.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressChitalangia Compound Basantpur, Rajnandgaon, Chhattisgarh, India – 491441
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Polybond Insulation Private Limited, buy the company report.
Comprehensive company report
Polybond Insulation 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Polybond Insulation Private Limited, buy the company report.
Financials of Polybond Insulation Private Limited
FY 2025 filings availablePolybond Insulation Private Limited reported revenue of ₹73.66 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹73.66 Cr ▼ 4%
Net profit · FY 2024
₹3.34 Cr margin 4.5%
EBITDA · FY 2024
₹4.86 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 72%
5 years · compounded
▲ 33%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Polybond Insulation Private Limited, buy the company report.
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.
Current Directors
| 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 | 5 Years 0 Months | Current |
| Ramayan Prasad Chourasiya | Director | 30 Dec 2017 | 8 Years 9 Months | Current |
Peer comparison
Polybond Insulation Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| 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 Limitedthis company | ₹73.66 Cr (FY 2024) | ₹3.34 Cr | 4.5% | -4.0% | 46 | 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 |
To see the full peer comparison of Polybond Insulation Private Limited, buy the company report.
Auditor
Polybond Insulation Private Limited is audited by PARSHVM & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARSHVM & CO. | FY 2024 | 004415C |
Shareholding
The shareholding of Polybond Insulation 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polybond Insulation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
₹6.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2019 | 100244595 | Others | ₹6 Cr | Open | |
| 01 Jan 2001 | 90208777 | Dena Bank | ₹6.5 Cr | Satisfied |
To see the full charge records of Polybond Insulation Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
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.
Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹75 Lakh
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Polybond Insulation Private Limited has 42 court cases on record: 34 filed by Polybond Insulation, 8 filed against it. 4 cases are pending and 38 are disposed.
Total cases
42
Filed by the company
34
Filed against the company
8
Pending
4
Disposed
38
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 5 | 4 |
| High courts | 7 | 3 | 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 Ltd. and Other and 1 other | Pending |
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed by the company against GM Nexus India Pvt. Ltd. and 1 other | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Roxul Rockwool Technical Insulation India Pvt Ltd and 2 others | Disposed |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Roxul Rockwool Technical Insulation India Pvt Ltd and 2 others | Disposed |
| District court, Durg, Chhattisgarh | Court case (MJC Civil) | Filed by the company against Steel Authority of India Ltd. and 1 other | Disposed |
To see the full case history of Polybond Insulation 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.
Credit ratings & regulatory alerts
Polybond Insulation Private Limited was last rated by Crisil on 16 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Jan 2020 |
To see the full credit ratings and regulatory alerts of Polybond Insulation Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polybond Insulation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polybond Insulation Private Limited has a workforce of 46 employees on its EPFO records as of Dec 08, 2025, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-6.12%
GST
Polybond Insulation has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCP6242P1Z9 | Chattisgarh | Active | 01 Jul 2017 |
| 22AABCP6242P2Z8 | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polybond Insulation Private Limited, buy the company report.
Recent activity
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.
AGM
Polybond Insulation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polybond Insulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 6.00 Cr registered on 31 Jan 2019 with Charge ID 100244595 was modified on 31 Dec 2024.
Ceased
Ashish Chitlangia ceased to be Director.
Appointed
Umesh Chitalangia was appointed as Director.
Ceased
Avinash Ghidora ceased to be Director.
Charges
A charge registered on 01 Jan 2001 via Charge ID 90208777 with Dena Bank was fully satisfied on 15 Mar 2019.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100244595 was registered on 31 Jan 2019.
Ceased
Umesh Chitalangia ceased to be Director.
Appointed
Ramayan Prasad Chourasiya was appointed as Director.
Ceased
Sudhir Ghosh ceased to be Director.
Charges
A charge with Dena Bank of Rs. 6.50 Cr registered on 01 Jan 2001 with Charge ID 90208777 was modified on 10 Dec 2016.
2 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Umesh Chitalangia - Director
- Ramayan Prasad Chourasiya - Director
The latest financial statements of Polybond Insulation 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 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 8 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).
Ashish Chitlangia ceased to be Director on 19 Oct 2021. Umesh Chitalangia was appointed as Director on 18 Oct 2021. Avinash Ghidora ceased to be Director on 10 Jan 2020. Polybond Insulation has 6 board changes on record in total.
Yes, Polybond Insulation is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-05-0002107).