Polyester Resin Manufactures Association
About Polyester Resin Manufactures Association
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Polyester Resin Manufactures Association is a private company limited by guarantee based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 13 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65191MH2000GAT128702.
The company has a paid-up capital of ₹1.1 Lakh. It is led by directors Aditya Thakkar Pradip and Piya Pradip Thakkar.
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 27 Keval Industrial Estate\Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹13,499, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹5,109 (net margin -37.8%) and EBITDA of -₹5,109 (EBITDA margin -37.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address27 Keval Industrial Estate\Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Plastic & Resins
- 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
Financials of Polyester Resin Manufactures Association FY 2025 filings available
Polyester Resin Manufactures Association reported revenue of ₹13,499 (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Polyester Resin Manufactures Association
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 6% growth in the latest year. EBITDA rose 35% 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 Polyester Resin Manufactures Association
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹5,109 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,109 | •••• | •••• | •••• | •••• |
| 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 Polyester Resin Manufactures Association
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -37.8% | •••• | •••• | •••• | •••• |
| 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 Polyester Resin Manufactures Association 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 Polyester Resin Manufactures Association
Polyester Resin Manufactures Association is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B. K. Polymers Private Limited | ₹17,691 (FY 2022) | •••• | •••• | -100.0% | •••• | Ahmedabad, Gujarat, India |
| Parvati Polyplast Private Limited | ₹17,452 (FY 2025) | •••• | •••• | -99.0% | •••• | Sangli, Maharashtra, India |
| Lucky Gold Star Company Private Ltd | ₹17,000 (FY 2025) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Jayshree Polytex Ltd | ₹14,200 (FY 2025) | •••• | •••• | -98.0% | •••• | Serampore, West Bengal, India |
| Renaissance Corporation Limited | ₹14,000 (FY 2022) | •••• | •••• | -100.0% | •••• | Kalbadevi Mumbai, Maharashtra, India |
| Polyester Resin Manufactures Association this company | ₹13,499 (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Bihani Polymers Private Ltd | ₹12,380 (FY 2024) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Resham Polymers Limited | ₹11,650 (FY 2025) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
| Chhaya Plastic Works Pvt Ltd | ₹11,440 (FY 2024) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Shree Amba Poly Fabrics Private Limited | ₹10,609 (FY 2025) | •••• | •••• | -97.0% | •••• | Punjab, India |
| Empire Products Ltd | ₹9,589 (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Polyester Resin Manufactures Association by revenue in the Manufacturing industry (Plastics and Resins), 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 Polyester Resin Manufactures Association
Polyester Resin Manufactures Association is audited by KARIA & SHAH for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARIA & SHAH | 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 Polyester Resin Manufactures Association
Polyester Resin Manufactures Association has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Thakkar Pradip Also directs: Network Polymers Private Limited, Mechemco Resins Private Limited, Royal Thermoset Private Limited and 2 more | Director | 14 Feb 2022 | 4 Years 7 Months | Current |
| Piya Pradip Thakkar Also directs: Network Polymers Private Limited, Mechemco Resins Private Limited, Royal Thermoset Private Limited and 2 more | Director | 14 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Polyester Resin Manufactures Association
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 Polyester Resin Manufactures Association
Polyester Resin Manufactures Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Polyester Resin Manufactures Association
Employment history and EPFO contributions of people linked to Polyester Resin Manufactures Association.
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 Polyester Resin Manufactures Association
Polyester Resin Manufactures Association has one previous CIN (Corporate Identification Number): L65191MH2000GAP128702. The current CIN is U65191MH2000GAT128702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65191MH2000GAT128702 | Current |
| L65191MH2000GAP128702 | Previous |
Recent Activity on Polyester Resin Manufactures Association
Polyester Resin Manufactures Association has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Sushil Chandrakant Shah ceased to be Director on 09 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Polyester Resin Manufactures Association
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 Polyester Resin Manufactures Association
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 Polyester Resin Manufactures Association
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 Polyester Resin Manufactures Association
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 Polyester Resin Manufactures Association
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 Polyester Resin Manufactures Association
Polyester Resin Manufactures Association is an active private company limited by guarantee based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 13 September 2000 (26+ years old) and is registered under CIN U65191MH2000GAT128702.
Polyester Resin Manufactures Association reported revenue of ₹13,499 for FY 2024 (up 6% YoY).
Polyester Resin Manufactures Association has 2 current directors:
- Aditya Thakkar Pradip - Director
- Piya Pradip Thakkar - Director
Polyester Resin Manufactures Association reported a net loss of ₹5,109 (net margin -37.8%) and EBITDA of -₹5,109 (EBITDA margin -37.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polyester Resin Manufactures Association is 2% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Polyester Resin Manufactures Association is U65191MH2000GAT128702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyester Resin Manufactures Association was incorporated on 13 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Polyester Resin Manufactures Association by revenue are B. K. Polymers Private Limited, Parvati Polyplast Private Limited, Lucky Gold Star Company Private Ltd, Jayshree Polytex Ltd, Renaissance Corporation Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Sushil Chandrakant Shah ceased to be Director on 09 Aug 2024. Aditya Thakkar Pradip ceased to be Additional Director on 30 Sep 2022. Piya Pradip Thakkar ceased to be Additional Director on 30 Sep 2022. Polyester Resin Manufactures Association has 7 board changes on record in total.
The registered office of Polyester Resin Manufactures Association is at 27 Keval Industrial EstateSenapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
The paid-up capital is ₹1.1 Lakh.