About Polyhose India Private Limited
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Polyhose India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN1996PTC034257. Its GSTIN is 33AAACP6469R1ZQ (Tamil Nadu). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹364.17 Cr and a paid-up capital of ₹364.14 Cr. It is led by directors including Shabbir Yusuf Jamnagarwala (Managing Director) and Suryanarayanan Natarajan.
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 Newno.86 Polyhosetower 8 Thfloor Mountroad Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,808.35 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹230.82 Cr (net margin 12.8%) and EBITDA of ₹380.5 Cr (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 31% over five years.
The company has about 610 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹220 Cr and satisfied charges of ₹152.13 Cr on record. Court records list 60 cases involving the company, including 42 filed by the company and 18 filed against it; 12 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.21 Cr; the latest was in March 2024. Its 4 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Nilkamal Limited with revenue of ₹3,324.43 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,169 overdue payments to 256 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyhose.com.
Company details
Contact details
Polyhose India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is polyhose.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNewno.86 Polyhosetower 8 Thfloor Mountroad Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Polyhose India 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
Business activity
The main business activity of Polyhose India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Polyhose India Private Limited, buy the company report.
Financials of Polyhose India Private Limited
FY 2024 filings availablePolyhose India Private Limited reported revenue of ₹1,808.35 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 54% growth in the latest year. EBITDA rose 88% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹380.5 Cr | ||||
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| Net Profit (PAT) | ₹230.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21% | ||||
| Net Profit Margin | 12.8% | ||||
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To see the full financial statements and ratios of Polyhose India Private Limited, buy the company report.
Board of directors and KMP of Polyhose India Private Limited
Polyhose India Private Limited currently reports 4 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryanarayanan Natarajan Also directs: Polyhose India Rubber Private Limited, Vector Hydraulics Private Limited, Aida Manufacturing Private Limited and 2 more | Director | 09 May 2016 | 10 Years 5 Months | Current |
| Shabbir Yusuf Jamnagarwala Also directs: Polyhose Enterprise LLP, Polyhose Logistics Park LLP, Polymak Private Limited and 5 more | Managing Director | 24 Jan 1996 | 30 Years 9 Months | Current |
| Shamsuddin Jamnagarwala Ali Asger Also directs: Polyhose India Rubber Private Limited, Vector Hydraulics Private Limited, Polyhose Tofle Private Limited and 5 more | Director | 07 Feb 1998 | 28 Years 8 Months | Current |
| Saravanan Vijayalakshmi Also directs: Polymak Private Limited, Polyhose Tofle Private Limited, Syncot Park Private Limited and 5 more | Company Secretary | 20 Sep 2021 | 5 Years 1 Months | Current |
| Hatim Shabbir Jamnagarwala Also directs: Polyhose Enterprise LLP, Polyhose Logistics Park LLP, Polyhose India Rubber Private Limited and 5 more | Director | 27 Mar 2018 | 8 Years 6 Months | Current |
Peer comparison
Polyhose India Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nilkamal Limited | ₹3,324.43 Cr (FY 2025) | 4.0% | Dadra and Nagar Haveli, India | |||
| Polyhose India Private Limitedthis company | ₹1,808.35 Cr (FY 2025) | ₹230.82 Cr | 12.8% | 54.0% | 610 | Chennai, Tamil Nadu, India |
| Kingfa Science & Technology (India) Limited | ₹1,754.07 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Responsive Industries Limited | ₹1,426.32 Cr (FY 2025) | 29.0% | Betegaon, Maharashtra, India | |||
| Vishakha Renewables Private Limited | ₹1,403.3 Cr (FY 2025) | 74.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Polyhose India Private Limited, buy the company report.
Auditor
Polyhose India Private Limited is audited by R.G.N. Price & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.G.N. Price & Co. | FY 2023 | 002785S |
Shareholding
The shareholding of Polyhose India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polyhose India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2019 | 100296939 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 30 May 2012 | 10362482 | Citi Bank N.A. | ₹120 Cr | Open | |
| 01 Oct 2019 | 100291360 | Others | ₹16 Cr | Satisfied | |
| 03 May 2019 | 100260509 | Citi Bank N.A. | ₹30 Cr | Satisfied | |
| 03 May 2019 | 100260510 | Citi Bank N.A. | ₹2.5 Cr | Satisfied |
To see the full charge records of Polyhose India Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Polyhose India Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.21 Cr; the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nifty Portfolio Services Private Limited , Snowcem Trades Private Limited |
| Mar 2006 | Funding round | ₹39.9 Lakh | Investors: Nifty Portfolio Services Private Limited , 3 individuals |
To see the full deal history of Polyhose India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Polyhose India Private Limited has 60 court cases on record: 42 filed by Polyhose India, 18 filed against it. 12 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 13 | 12 |
| District courts | 11 | 5 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against Bharat Petroleum Corporation Ltd and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Tamil Nadu Industrial Investment Corporation Ltd. and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Kam Avida Enviro Engineers Pvt Ltd. | Disposed |
| Madras High Court | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
To see the full case history of Polyhose India 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.
Credit ratings & regulatory alerts
Polyhose India Private Limited was last rated by Crisil on 21 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jul 2020 |
To see the full credit ratings and regulatory alerts of Polyhose India Private Limited, buy the company report.
MSME payment delays
Polyhose India Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,169 overdue payments to 256 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 256)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Acme Fasteners Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Polyhose India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Polyhose India has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Polyhose Tofle Private Limited | U26990TN2015PTC103303 | |
| Nile Developers Private Limited | U45200TN2006PTC061798 | |
| Vaigai Developers Private Limited | U45200TN2006PTC061799 |
To see the full group structure of Polyhose India Private Limited, buy the company report.
Employees & EPFO
Polyhose India Private Limited has a workforce of 610 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
GST
Polyhose India has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACP6469R1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACP6469R2ZP | Tamil Nadu | Active | 01 Jun 2021 |
| 20AAACP6469R1ZX | Jharkhand | Active | 01 Jul 2017 |
| 23AAACP6469R1ZR | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polyhose India Private Limited, buy the company report.
Recent activity
Polyhose India Private Limited has 12 board changes on record since 1996: 5 appointments and 7 cessations. The latest: Saravanan Vijayalakshmi was appointed as Company Secretary on 20 Sep 2021.
29 earlier events are in the company report.
Frequently asked questions
Polyhose India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 January 1996 (30+ years old) and is registered under CIN U25209TN1996PTC034257.
Polyhose India has 5 current directors and KMP:
- Shabbir Yusuf Jamnagarwala - Managing Director
- Suryanarayanan Natarajan - Director
- Shamsuddin Jamnagarwala Ali Asger - Director
- Hatim Shabbir Jamnagarwala - Director
- Saravanan Vijayalakshmi - Company Secretary
The latest financial statements of Polyhose India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Polyhose India is 33AAACP6469R1ZQ, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 33AAACP6469R2ZP (Tamil Nadu), 20AAACP6469R1ZX (Jharkhand), 23AAACP6469R1ZR (Madhya Pradesh).
The CIN (Corporate Identification Number) of Polyhose India is U25209TN1996PTC034257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyhose India has 60 court cases on record: 42 filed by the company and 18 filed against it. 12 are pending. Most are in the high courts.
Polyhose India was incorporated on 24 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
Polyhose India has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.21 Cr; the latest was in March 2024.
The peers of Polyhose India by revenue are Nilkamal Limited, Kingfa Science & Technology (India) Limited, Responsive Industries Limited, Vishakha Renewables Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Saravanan Vijayalakshmi was appointed as Company Secretary on 20 Sep 2021. Hatim Shabbir Jamnagarwala ceased to be Additional Director on 29 Sep 2018. Hatim Shabbir Jamnagarwala was appointed as Director on 27 Mar 2018. Polyhose India has 12 board changes on record in total.
Polyhose India has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,169 overdue payments to 256 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Polyhose India can be reached through the website polyhose.com. Its registered office is in Chennai, Tamil Nadu, India.