About Polyflex Engineering Private Limited
Data last updated:
Polyflex Engineering Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 09 May 1997.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1997PTC022214. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Swarna Nichani and Anand Balram Nichani.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Royal Park No. 5 & 6 First Floor Park Road Tasker Town Ward No. 78, Bangalore, Karnataka, India – 560051.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹20,045 (net margin -9.1%) and EBITDA of -₹20,045 (EBITDA margin -9.1%).
As per MCA filings, the company had satisfied charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is polyflexindia.com.
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- Registered AddressRoyal Park No. 5 & 6 First Floor Park Road Tasker Town Ward No. 78, Bangalore, Karnataka, India – 560051
- IndustryAutomotive, Auto Parts & Components
- 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 Polyflex Engineering Private Limited FY 2018 filings available
Polyflex Engineering Private Limited reported revenue of ₹2.19 Lakh (up 3804% YoY) for FY 2018.
Financial Statement Summary of Polyflex Engineering Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.19 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹20,045 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20,045 | •••• | •••• | •••• |
| 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 Polyflex Engineering Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.1% | •••• | •••• | •••• |
| Net Profit Margin | -9.1% | •••• | •••• | •••• |
| 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 Polyflex Engineering 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 Polyflex Engineering Private Limited
Polyflex Engineering Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rank Finance and Transports Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Best Prins Ecotech Private Limited | •••• | •••• | •••• | •••• | - | Village Begampur Khatola, Haryana, India |
| HV Electric Vehicle Private Limited | •••• | •••• | •••• | •••• | - | Huzur, Madhya Pradesh, India |
| Kumar Industries Private Limited | •••• | •••• | •••• | •••• | - | Allahabad, Uttar Pradesh, India |
| Hare Keshav Jay Switches India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Polyflex Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Shloka Media Arts Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| TM Tyres Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Mysore Drives Private Limited | •••• | •••• | •••• | •••• | - | Mysore. Karnataka., Karnataka, India |
| Jainex Motors Private Limited | •••• | •••• | •••• | •••• | - | Guwahati, Assam, India |
| Autolite Industries Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Polyflex Engineering by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Polyflex Engineering Private Limited
Polyflex Engineering Private Limited is audited by RAGHAVAN CHAUDHURI & NARAYANAN for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAGHAVAN CHAUDHURI & NARAYANAN | 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 Polyflex Engineering Private Limited
Polyflex Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swarna Nichani | Director | 30 Aug 2017 | 9 Years 1 Months | As last reported |
| Anand Balram Nichani | Director | 09 May 1997 | 29 Years 4 Months | As last reported |
Ownership and Shareholding of Polyflex Engineering 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 Polyflex Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2000 | The Bank of Nova Scotia | ₹1 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Polyflex Engineering Private Limited
Polyflex Engineering Private Limited has 2 court cases on record: 2 filed by Polyflex Engineering. All cases are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | 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 Polyflex Engineering Private Limited
Employment history and EPFO contributions of people linked to Polyflex Engineering.
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.
Recent Activity on Polyflex Engineering Private Limited
Polyflex Engineering Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Nichani Udhavdas Balram ceased to be Director on 23 Feb 2018.
Credit Ratings, Litigation & Regulatory Alerts for Polyflex Engineering 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 Polyflex Engineering 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 Polyflex Engineering 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 Polyflex Engineering Private Limited
Polyflex Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Polyflex Engineering 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 Polyflex Engineering Private Limited
Polyflex Engineering has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Polyflex Engineering was a private limited company based in Bangalore, Karnataka, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 09 May 1997 and is registered under CIN U25209KA1997PTC022214. The company has been struck off by the Registrar of Companies and is no longer operational.
Polyflex Engineering had 2 directors:
- Swarna Nichani - Director
- Anand Balram Nichani - Director
The CIN (Corporate Identification Number) of Polyflex Engineering is U25209KA1997PTC022214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Polyflex Engineering is at Royal Park No. 5 & 6 First Floor Park Road Tasker Town Ward No. 78, Bangalore, Karnataka, India – 560051.
Polyflex Engineering was incorporated on 09 May 1997. It is registered with the Registrar of Companies, Bangalore.
Polyflex Engineering can be reached through the website polyflexindia.com. Its registered office is in Bangalore, Karnataka, India.
Polyflex Engineering reported revenue of ₹2.19 Lakh for FY 2018 (up 3804% YoY).
Polyflex Engineering has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh.
Polyflex Engineering reported a net loss of ₹20,045 (net margin -9.1%) and EBITDA of -₹20,045 (EBITDA margin -9.1%) for FY 2018, as per its filed financial statements.
No. Polyflex Engineering has 1 GST registration on record and it is cancelled or inactive.