MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-14-0004036
Polycarb Advance Science Private Limited - fmcg in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.58 Cr
▲ 318% YoY
Net loss · FY 2024
₹2.63 Cr
Net margin -16.9%
EBITDA · FY 2024
₹63.32 Lakh
EBITDA margin 4.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.66 Cr
Issued & subscribed
Open charges
₹20 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
3
Provident fund records
About Polycarb Advance Science Private Limited
Data last updated:
Polycarb Advance Science Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2020PTC117812. Its GSTIN is 24AALCP5512A1ZV (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.66 Cr. It is led by directors Ganpatbhai Kashiram Patel and Dhuliben Ganpatbhai Patel.
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 Plot No – 23 & 24 Phase – 2 G I D C Dediyasan Modhera Road Dediyasan, Mehsana, Gujarat, India – 384002.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.63 Cr (net margin -16.9%) and EBITDA of ₹63.32 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 399% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polycarb Advance Science. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Polycarb Advance Science Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0004036). For more details, the company can be reached via its website polycarbindia.com.
Company details
CIN U24100GJ2020PTC117812
Registration Number 117812
Incorporation Date 29 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-14-0004036
CIN history
Polycarb Advance Science has one previous CIN (Corporate Identification Number): U33309GJ2020PTC117812. The current CIN is U24100GJ2020PTC117812, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2020PTC117812 | Current |
| U33309GJ2020PTC117812 | Previous |
Recognitions & Rankings of Polycarb Advance Science
Contact details
Polycarb Advance Science Private Limited's registered office is in Mehsana, Gujarat. Its website is polycarbindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 23 & 24 Phase – 2 G I D C Dediyasan Modhera Road Dediyasan, Mehsana, Gujarat, India – 384002
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Polycarb Advance Science Private Limited, buy the company report.
Comprehensive company report
Polycarb Advance Science 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
Polycarb Advance Science operates one associated brand: Polycarb Advance Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of acrylic-based specialty polymers for pharmaceutical and related industries in India. | polycarbindia.com |
Business activity
The main business activity of Polycarb Advance Science 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 Polycarb Advance Science Private Limited, buy the company report.
Financials of Polycarb Advance Science Private Limited
FY 2025 filings availablePolycarb Advance Science Private Limited reported revenue of ₹15.58 Cr (up 318% YoY) for FY 2024.
Revenue · FY 2024
₹15.58 Cr ▲ 318%
Net loss · FY 2024
₹2.63 Cr margin -16.9%
EBITDA · FY 2024
₹63.32 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 318%
3 years · compounded
▲ 399%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 224%
Revenue has grown at a compounded annual rate (CAGR) of 399% over three years, including 318% growth in the latest year. EBITDA fell 73% 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 |
|---|---|---|---|---|
| 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 | ₹63.32 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.63 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.1% | |||
| Net Profit Margin | -16.9% | |||
| 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 Polycarb Advance Science Private Limited, buy the company report.
Board of directors of Polycarb Advance Science Private Limited
Polycarb Advance Science has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganpatbhai Kashiram Patel Also directs: Vimal Microns Limited, Indychem International Private Limited | Director | 06 Jun 2025 | 1 Years 4 Months | Current |
| Dhuliben Ganpatbhai Patel | Director | 06 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Polycarb Advance Science Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayfair Colortech Private Limited | ₹16.13 Cr (FY 2024) | -7.0% | Thane, Maharashtra, India | |||
| B R Polymers Private Limited | ₹15.67 Cr (FY 2025) | -50.0% | Delhi, India | |||
| Subh Resins and Fuels Pvt. Ltd. | ₹15.58 Cr (FY 2025) | 22.0% | Telangana, India | |||
| Polycarb Advance Science Private Limitedthis company | ₹15.58 Cr (FY 2024) | -₹2.63 Cr | -16.9% | 318.0% | 3 | Mehsana, Gujarat, India |
| Matrix Polytech Private Limited . | ₹15.33 Cr (FY 2025) | 16.0% | Delhi, India |
To see the full peer comparison of Polycarb Advance Science Private Limited, buy the company report.
Auditor
Polycarb Advance Science Private Limited is audited by M M SALVI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M SALVI & CO | FY 2021 | 109004W |
Shareholding
The shareholding of Polycarb Advance Science Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Polycarb Advance Science Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2021 | 100450639 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Polycarb Advance Science Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Total cases
3
Filed against the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by The Mahesana Arban Co.Op. Bank Li., Mahesanana Shree Patel Anilkumar Jayantibhai | Pending |
To see the full case history of Polycarb Advance Science 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 Polycarb Advance Science Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polycarb Advance Science Private Limited has a workforce of 3 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
GST
Polycarb Advance Science has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP5512A1ZV | Gujarat | Active | 19 Nov 2020 |
To see the full GST registrations and return filing status of Polycarb Advance Science Private Limited, buy the company report.
Recent activity
Polycarb Advance Science Private Limited has 7 board changes on record since 2025: 2 appointments and 5 cessations. The latest: Dhuliben Ganpatbhai Patel ceased to be Additional Director on 29 Sep 2025.
AGM
Polycarb Advance Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Dhuliben Ganpatbhai Patel ceased to be Additional Director.
Ceased
Ganpatbhai Kashiram Patel ceased to be Additional Director.
Appointed
Dhuliben Ganpatbhai Patel was appointed as Director.
Appointed
Ganpatbhai Kashiram Patel was appointed as Director.
Ceased
Naimesh Haribhai Patel ceased to be Director.
Ceased
Prashantkumar Jagdishbhai Patel ceased to be Director.
Ceased
Rajeshkumar Kantibhai Patel ceased to be Director.
Filing
Polycarb Advance Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100450639 was registered on 08 Jun 2021.
Incorporation
29 Oct 2020
Polycarb Advance Science Private Limited was registered on 29 Oct 2020 with Roc Ahmedabad & aged 6 years 6 days as per MCA records.
Frequently asked questions
Polycarb Advance Science is an active private limited company based in Mehsana, Gujarat, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U24100GJ2020PTC117812.
Polycarb Advance Science has 2 current directors:
- Ganpatbhai Kashiram Patel - Director
- Dhuliben Ganpatbhai Patel - Director
The latest financial statements of Polycarb Advance Science 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 FY 2021 are in the company report.
The GSTIN of Polycarb Advance Science is 24AALCP5512A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Polycarb Advance Science is U24100GJ2020PTC117812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polycarb Advance Science has 3 court cases on record: 3 filed against it. 3 are pending.
Polycarb Advance Science was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Polycarb Advance Science by revenue are Mayfair Colortech Private Limited, B R Polymers Private Limited, Subh Resins and Fuels Pvt. Ltd, Matrix Polytech Private Limited , all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dhuliben Ganpatbhai Patel ceased to be Additional Director on 29 Sep 2025. Ganpatbhai Kashiram Patel ceased to be Additional Director on 29 Sep 2025. Dhuliben Ganpatbhai Patel was appointed as Director on 06 Jun 2025. Polycarb Advance Science has 7 board changes on record in total.
Yes, Polycarb Advance Science is registered as an MSME under Udyam registration (number: UDYAM-GJ-14-0004036).
Polycarb Advance Science can be reached through the website polycarbindia.com. Its registered office is in Mehsana, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages