About Polyco Chem Private Limited
Data last updated:
Polyco Chem Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shijiazhuang Hejia Chemical Products Co. Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 29 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2016FTC289300. Its GSTIN is 27AAICP6820E1ZF (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors including Jeevan Datta Salve and Zhenchao Yang.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹41.48 Lakh (net margin -11.1%) and EBITDA of -₹41.47 Lakh (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polycochem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. 703 07th Floor Promenade IV Wadhwa The Address L.B.S.Marg Ghatkopa, R (West), Mumbai, Maharashtra, India – 400086
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Polyco Chem Private Limited
The main business activity of Polyco Chem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical 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 Polyco Chem Private Limited FY 2024 filings available
Polyco Chem Private Limited reported revenue of ₹3.74 Cr (up 717% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Polyco Chem Private Limited
Revenue rose 717% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 205% 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 Polyco Chem 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 | -₹41.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41.48 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 Polyco Chem Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.1% | •••• | •••• | •••• | •••• |
| 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 Polyco Chem are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Polyco Chem Private Limited
Polyco Chem Private Limited is audited by Laxmikant Kabra & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Laxmikant Kabra & Co. LLP | 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 Polyco Chem Private Limited
Polyco Chem has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeevan Datta Salve | Director | 28 Jul 2022 | 4 Years 2 Months | Current |
| Zhenchao Yang | Director | 20 Apr 2018 | 8 Years 5 Months | Current |
| Jinbei Wang | Director | 29 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Polyco Chem 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 Polyco Chem Private Limited
Polyco Chem Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Polyco Chem Private Limited
Polyco Chem Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Interim or miscellaneous application | Filed against the company by Inext Logistics & Supply Chain Private Limited | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by Inext Logistics & Supply Chain Private Limited | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Polyco Chem Private Limited
Employment history and EPFO contributions of people linked to Polyco Chem.
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 Polyco Chem Private Limited
Polyco Chem has one previous CIN (Corporate Identification Number): U24299HR2016FTC064806. The current CIN is U24299MH2016FTC289300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24299MH2016FTC289300 | Current |
| U24299HR2016FTC064806 | Previous |
Recent Activity on Polyco Chem Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Polyco Chem 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 Polyco Chem 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 Polyco Chem 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 Polyco Chem Private Limited
Polyco Chem has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP6820E1ZF | Maharashtra | Active | 01 Jul 2017 |
| 06AAICP6820E1ZJ | Haryana | Active | 31 Aug 2018 |
| 33AAICP6820E1ZM | Tamil Nadu | Active | 01 Jan 2021 |
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 Polyco Chem 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 Polyco Chem Private Limited
Polyco Chem is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 29 June 2016 (10+ years old) and is registered under CIN U24299MH2016FTC289300.
Polyco Chem reported revenue of ₹3.74 Cr for FY 2025 (up 717% YoY).
Polyco Chem has 3 current directors:
- Jeevan Datta Salve - Director
- Zhenchao Yang - Director
- Jinbei Wang - Director
Polyco Chem reported a net loss of ₹41.48 Lakh (net margin -11.1%) and EBITDA of -₹41.47 Lakh (EBITDA margin -11.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polyco Chem is -5% over three years and -12% over five years. In the latest year (FY 2025) revenue rose 717%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polyco Chem is 27AAICP6820E1ZF, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAICP6820E1ZJ (Haryana), 33AAICP6820E1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Polyco Chem is U24299MH2016FTC289300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyco Chem has 2 court cases on record: 2 filed against it.
Polyco Chem was incorporated on 29 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.