- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-04-0000412

About Polyhydron Systems Private Limited
Data last updated:
Polyhydron Systems Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31200KA1990PTC010883. Its GSTIN is 29AAACO2261N1Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.65 Lakh. It was formerly known as Oligear Towler Polyhydron Private Limited. It is led by directors including Anand Vishwanath Samant (Managing Director) and Vishwanath Krishnaji Samant (Whole-Time Director).
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 Plot No 34 And 37B Village:Kuttalwadi At Post Navage, Belgaum, Karnataka, India – 590014.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.15 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹15.31 Cr (net margin 20.7%) and EBITDA of ₹21.48 Cr (EBITDA margin 29%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 17% over five years.
The company has about 160 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polyhydron Systems. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹5.55 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
Polyhydron Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0000412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyhydronsystems.com.
Company details
CIN history
Polyhydron Systems has one previous CIN (Corporate Identification Number): U31200KA1990FTC010883. The current CIN is U31200KA1990PTC010883, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200KA1990PTC010883 | Current |
| U31200KA1990FTC010883 | Previous |
Recognitions & Rankings of Polyhydron Systems
Contact details
Polyhydron Systems Private Limited's registered office is in Belgaum, Karnataka. Its website is polyhydronsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 34 And 37B Village:Kuttalwadi At Post Navage, Belgaum, Karnataka, India – 590014
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
To see the full contact details of Polyhydron Systems 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
Brands
Polyhydron Systems operates one associated brand: Polyhydron Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electro-hydraulic systems, components, and services in India. | polyhydronsystems.com |
Business activity
The main business activity of Polyhydron Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Polyhydron Systems Private Limited, buy the company report.
Financials of Polyhydron Systems Private Limited
FY 2024 filings availablePolyhydron Systems Private Limited reported revenue of ₹74.15 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 15% growth in the latest year. EBITDA rose 18% 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 | ₹21.48 Cr | ||||
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| Net Profit (PAT) | ₹15.31 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 | 29% | ||||
| Net Profit Margin | 20.7% | ||||
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To see the full financial statements and ratios of Polyhydron Systems Private Limited, buy the company report.
Board of directors of Polyhydron Systems Private Limited
Polyhydron Systems has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Vishwanath Samant | Managing Director | 18 Dec 2006 | 19 Years 10 Months | Current |
| Hareram Dattatray Kadrolkar | Director | 28 Jun 1999 | 27 Years 4 Months | Current |
| Dilip Shankar Chitnis Also directs: Polyhydron Private Limited, Spica Hydraulics Private Limited, Hyloc Hydrotechnic Private Limited and 1 more | Director | 28 Jun 1999 | 27 Years 4 Months | Current |
| Siddhartha Suresh Hundre Also directs: Polyhydron Private Limited, Spica Hydraulics Private Limited, Hyloc Hydrotechnic Private Limited and 1 more | Director | 20 Jun 2013 | 13 Years 4 Months | Current |
| Vishwanath Krishnaji Samant | Whole-Time Director | 28 Jun 1999 | 27 Years 4 Months | Current |
Auditor
Polyhydron Systems Private Limited is audited by P G Bhagwat LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G Bhagwat LLP | FY 2024 | 101118W |
Shareholding
The shareholding of Polyhydron Systems Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polyhydron Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2015 | 10572752 | Canara Bank | ₹2 Cr | Open | |
| 19 Feb 1996 | 80034790 | State Bank of India | ₹5.55 Cr | Satisfied |
To see the full charge records of Polyhydron Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Polyhydron Systems Private Limited has 5 court cases on record: 2 filed by Polyhydron Systems, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Reynolds Chemequip Private Ltd., Rep by Ravishankar Honnappa Asundi | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Reynolds Chemequip Pvt Ltd Rep by Ravishankar Honappa Asundi | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Jalashree Corporation Pvt.Ltd.,Through Mr.K.A.Chakradeo | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Jalashree Corporation Pvt.Ltd.,Through Mr.K.A.Chakradeo | Disposed |
To see the full case history of Polyhydron Systems 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
Polyhydron Systems Private Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 239 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hydroliza Engineering Private Limited | |||
| Earth Metallurgical Services Private Limited | |||
| Prithvi Metals Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Polyhydron Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Polyhydron Systems Private Limited has a workforce of 160 employees on its EPFO records as of Sep 05, 2025, across 1 active EPFO establishment.
GST
Polyhydron Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO2261N1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polyhydron Systems Private Limited, buy the company report.
Recent activity
Polyhydron Systems Private Limited has 15 board changes on record since 1999: 5 appointments and 10 cessations. The latest: Siddhartha Suresh Hundre ceased to be Additional Director on 26 Aug 2013.
10 earlier events are in the company report.
Frequently asked questions
Polyhydron Systems is an active private limited company based in Belgaum, Karnataka, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 09 April 1990 (36+ years old) and is registered under CIN U31200KA1990PTC010883.
Polyhydron Systems has 5 current directors:
- Anand Vishwanath Samant - Managing Director
- Vishwanath Krishnaji Samant - Whole-Time Director
- Hareram Dattatray Kadrolkar - Director
- Dilip Shankar Chitnis - Director
- Siddhartha Suresh Hundre - Director
The latest financial statements of Polyhydron Systems 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 Polyhydron Systems is 29AAACO2261N1Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Polyhydron Systems is U31200KA1990PTC010883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyhydron Systems has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Polyhydron Systems was incorporated on 09 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
Siddhartha Suresh Hundre ceased to be Additional Director on 26 Aug 2013. Siddhartha Suresh Hundre was appointed as Director on 20 Jun 2013. Suresh Bhairu Hundre ceased to be Director on 23 May 2013. Polyhydron Systems has 15 board changes on record in total.
Yes, Polyhydron Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-04-0000412).
Polyhydron Systems has 17 MSME Form 1 returns on record between 2019 and 2024, listing 239 overdue payments to 27 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Polyhydron Systems can be reached through the website polyhydronsystems.com. Its registered office is in Belgaum, Karnataka, India.

