Polygon Refractories Private Limited
About Polygon Refractories Private Limited
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Polygon Refractories Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 13 September 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U26914TG1982PTC003633. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹34.17 Lakh. It is led by directors including Sai Sudhakar Mantravadi and Mrinalini Mantravadi.
Its last annual general meeting (AGM) was held on 14 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H. No. 1 – 10 – 208 Ashok Nagar, Hyderabad, Telangana, India – 500020.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.16 Lakh. For the same year it recorded a net profit of ₹20,005 (net margin 6.3%) and EBITDA of ₹1.21 Lakh (EBITDA margin 38.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 56% over five years.
As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 25 cases involving the company, including 13 filed by the company and 12 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Polygon Refractories has one previous CIN (Corporate Identification Number): U26914AP1982PTC003633. The current CIN is U26914TG1982PTC003633, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26914TG1982PTC003633 | Current |
| U26914AP1982PTC003633 | Previous |
Contact details
Polygon Refractories Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 1 – 10 – 208 Ashok Nagar, Hyderabad, Telangana, India – 500020
- IndustryManufacturing, Construction Materials
To see the full contact details of Polygon Refractories Private Limited, buy the company report.
- 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
Financials of Polygon Refractories Private Limited
FY 2023 filings availablePolygon Refractories Private Limited reported revenue of ₹3.16 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years. EBITDA rose 228% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | |||||
| EBITDA | ₹1.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20,005 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.3% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Polygon Refractories Private Limited, buy the company report.
Board of directors of Polygon Refractories Private Limited
Polygon Refractories has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sai Sudhakar Mantravadi Also directs: Votrack Impex LLP, MPR Refractories Limited, Sri Tripura Med Enterprises LLP and 3 more | Director | 05 Sep 2009 | 17 Years 1 Months | Current |
| Mrinalini Mantravadi Also directs: Votrack Impex LLP | Director | 06 Dec 2021 | 4 Years 10 Months | Current |
| Venkata Shiva Prasad Devulapalli | Director | 27 Jan 2021 | 5 Years 8 Months | Current |
Peer comparison
Polygon Refractories Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Construction Materials), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astra Advanced Materials Private Limited | ₹3.26 Lakh (FY 2024) | 86.0% | Hyderabad, Telangana, India | |||
| Vadsky Realty Private Limited | ₹3.25 Lakh (FY 2024) | 25.0% | Nashik, Maharashtra, India | |||
| Polygon Refractories Private Limitedthis company | ₹3.16 Lakh (FY 2022) | ₹20,005 | 6.3% | Hyderabad, Telangana, India | ||
| New Bharat Refractories Ltd | ₹3.01 Lakh (FY 2024) | 9.0% | Howrah, West Bengal, India |
To see the full peer comparison of Polygon Refractories Private Limited, buy the company report.
Shareholding
The shareholding of Polygon Refractories Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polygon Refractories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2013 | 10416587 | Axis Bank Limited | ₹4 Lakh | Open | |
| 09 Aug 2002 | 90128235 | State Bank of India | ₹3.9 Cr | Open | |
| 30 Jun 1997 | 90127683 | State Bank of India | ₹6 Lakh | Open |
To see the full charge records of Polygon Refractories Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Polygon Refractories Private Limited has 25 court cases on record: 13 filed by Polygon Refractories, 12 filed against it. 6 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 1 |
| District courts | 8 | 2 | 3 |
| Supreme Court | 3 | 3 | 0 |
| NCLAT | 3 | 1 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against MPR Refractories Limited and 1 other | Pending |
| High Court, TELANGANA | Court case (OSA) | Filed against the company by M/S. Agri Gold Projects Limited, | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Central Power Distribution Company of Andhra Pradesh Ltd. and 3 others | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Surana Industries Ltd. | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Polygon Refractories 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 Polygon Refractories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polygon Refractories has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Polygon Refractories Private Limited, buy the company report.
Recent activity
Polygon Refractories Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Aditya Bhaurao Aagare ceased to be Director on 23 Dec 2022.
5 earlier events are in the company report.
Frequently asked questions
Polygon Refractories is an active private limited company based in Hyderabad, Telangana, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 13 September 1982 (44+ years old) and is registered under CIN U26914TG1982PTC003633.
Polygon Refractories has 3 current directors:
- Sai Sudhakar Mantravadi - Director
- Mrinalini Mantravadi - Director
- Venkata Shiva Prasad Devulapalli - Director
The latest financial statements of Polygon Refractories on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 14 September 2023. Year-wise statements from 2015 are in the company report.
No. Polygon Refractories has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Polygon Refractories is U26914TG1982PTC003633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polygon Refractories has 25 court cases on record: 13 filed by the company and 12 filed against it. 6 are pending. Most are in the high courts.
Polygon Refractories was incorporated on 13 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Polygon Refractories by revenue are Astra Advanced Materials Private Limited, Vadsky Realty Private Limited, New Bharat Refractories Ltd, all in the Manufacturing industry (Construction Materials), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Aditya Bhaurao Aagare ceased to be Director on 23 Dec 2022. Chandra Sekhar Rao Mantravadi ceased to be Director on 23 Dec 2022. Venkataramana Rao Mantravadi ceased to be Director on 23 Dec 2022. Polygon Refractories has 10 board changes on record in total.
The registered office of Polygon Refractories is at H. No. 1 – 10 – 208 Ashok Nagar, Hyderabad, Telangana, India – 500020.
Polygon Refractories operates in the manufacturing industry, in the construction materials segment.