Polylink Polymers (India) Limited

BSE: 531454
Polylink Polymers (India) Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L17299GJ1993PLC032905 Incorporated 08 January 1993 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 531454 Public Limited Company manufacturing
Data last updated
Market Cap
₹47.50 Cr
POLYLINK · BSE
Share Price
₹21.25
-1.07% today
Revenue
₹84.60 Cr
FY 2025-26 · -7.3% YoY
EBITDA
₹2.89 Cr
Margin 3.4%
Net Profit
₹1.23 Cr
FY 2025-26 · -42.3% YoY
P/E (TTM)
32.7x
P/B 1.5x
ROE
4.0%
ROCE 5.6%
Debt / Equity
0.14
Interest cover 45.1x

About Polylink Polymers (India) Limited

Data last updated:

Polylink Polymers (India) Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 08 January 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17299GJ1993PLC032905. Its GSTIN is 24AAACP4801B1Z6 (Gujarat). The company holds 7 GST registrations, of which 1 is active. Its shares are listed on BSE: 531454.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.06 Cr. It is led by directors including Raviprakash Harishankar Goyal (Whole-Time Director) and Uma Shankar Bhartia.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block No 229 – 230 Villagevalthera Taluka; Dholk Dist;, Ahmedabad, Gujarat, India – 387810.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹84.6 Cr, a decline of 7.3% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Cr (net margin 1.5%) and EBITDA of ₹2.89 Cr (EBITDA margin 3.4%). The net worth stands at ₹31.13 Cr (up 4.1% YoY). Total assets are valued at ₹37.09 Cr (up 13.9% YoY).

The company has about 120 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹17.75 Cr and satisfied charges of ₹40.81 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polylinkpolymers.com.

Company Details of Polylink Polymers (India) Limited
CIN L17299GJ1993PLC032905
Registration Number 032905
Incorporation Date 08 January 1993
ROC Ahmedabad
Listing Status Listed (BSE: 531454)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Raviprakash Harishankar Goyal Whole-Time Director Uma Shankar Bhartia Director Pragya Bhartia Barwale Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    polylinkpolymers.com
  • Social Media
  • Registered Address
    Block No 229 – 230 Villagevalthera Taluka; Dholk Dist;, Ahmedabad, Gujarat, India – 387810
  • Industry
    Manufacturing, Plastic & Resins
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Financials, compliance, directors, charges, ownership and filings for Polylink Polymers (India) Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Polylink Polymers (India) Limited

The main business activity of Polylink Polymers (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Auditor Details of Polylink Polymers (India) Limited

Polylink Polymers (India) Limited is audited by M L GARG & CO. for the financial year 2022.

NameStatusAppointment DateCessation Date
M L GARG & CO.LockedLockedLocked
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Board of Directors of Polylink Polymers (India) Limited

Polylink Polymers (India) has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Uma Shankar Bhartia
Also directs: Pooja Jhaver Beneficiary LLP, Pragya Bhartia Barwale Beneficiary LLP, Jayshree Bhartia Beneficiary LLP and 5 more
Director08 Jan 199333 Years 8 MonthsCurrent
Pragya Bhartia Barwale
Also directs: Pragya Bhartia Barwale Beneficiary LLP, India Glycols Limited, Lund and Blockley Pvt Ltd and 5 more
Director30 Mar 201511 Years 6 MonthsCurrent
Raviprakash Harishankar Goyal
Also directs: N G Minchem LLP
Whole-Time Director01 Feb 200719 Years 8 MonthsCurrent
Jyoti ShastriDirector10 Mar 20215 Years 6 MonthsCurrent
Keerthinarayanan Ananthakrishna Hemmige
Also directs: Focal Corporate Services Private Limited
Director10 Aug 20224 Years 1 MonthsCurrent
Ashwini NagiaDirector05 Aug 20242 Years 2 MonthsCurrent
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Financials of Polylink Polymers (India) Limited FY 2025-26 filings available

Polylink Polymers (India) Limited reported revenue of ₹84.6 Cr (down 7.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹84.60 Cr
-7.3% YoY
EBITDA
₹2.89 Cr
-30.0% YoY
Profit After Tax
₹1.23 Cr
-42.3% YoY
Net Worth
₹31.13 Cr
+4.1% YoY
Total Assets
₹37.09 Cr
+13.9% YoY
Total Debt
₹5.75 Cr
+122.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue84.6091.2374.6750.3645.6937.4347.05
Revenue growth-7.3%+22.2%+48.3%+10.2%+22.1%-20.5%-
EBITDA2.894.133.291.731.981.891.94
EBITDA margin+3.4%+4.5%+4.4%+3.4%+4.3%+5.1%+4.1%
Profit before tax1.302.972.310.981.391.481.44
Net profit1.232.131.700.670.881.191.06
Net profit margin+1.5%+2.3%+2.3%+1.3%+1.9%+3.2%+2.3%
EPS (₹)0.550.960.780.290.410.540.48
Balance sheet
Total assets37.0932.5729.7226.5427.4026.0124.24
Net worth31.1329.9127.8226.0925.5124.5923.38
Total debt5.752.581.900.451.871.380.42
Cash & bank0.120.020.012.250.010.040.45
Net working capital13.7115.5014.1311.1711.369.518.41
Cash flow
Cash from operations5.272.33(2.14)4.130.480.283.80
Cash from investing(7.88)(2.65)(0.85)(0.52)(0.87)(1.18)(0.77)
Cash from financing2.610.330.87(1.49)0.360.71(2.94)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue23.4521.6120.4521.8820.6624.0422.4221.05
Revenue growth (YoY)+13.5%-10.1%-8.8%+3.9%-12.9%---
Other income0.060.200.040.220.050.040.130.03
Total expenses22.5220.7219.6221.4320.0323.8420.9220.12
EBITDA0.930.890.830.450.630.201.500.93
EBITDA margin+4.0%+4.2%+4.1%+2.1%+3.1%+0.8%+6.7%+4.5%
Depreciation0.400.370.390.370.310.250.260.25
Interest0.160.180.140.140.100.100.080.10
Profit before tax0.430.540.340.160.27(0.11)1.290.61
Tax0.01(0.08)0.10(0.02)0.07(0.03)0.360.19

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue23.4521.6120.4521.8820.6624.0422.4221.05
Revenue growth (YoY)+13.5%-10.1%-8.8%+3.9%-12.9%---
Other income0.060.200.040.220.050.040.130.03
Total expenses22.5220.7219.6221.4320.0323.8420.9220.12
EBITDA0.930.890.830.450.630.201.500.93
EBITDA margin+4.0%+4.2%+4.1%+2.1%+3.1%+0.8%+6.7%+4.5%
Depreciation0.400.370.390.370.310.250.260.25
Interest0.160.180.140.140.100.100.080.10
Profit before tax0.430.540.340.160.27(0.11)1.290.61
Tax0.01(0.08)0.10(0.02)0.07(0.03)0.360.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue84.6091.2374.6750.3645.6937.4347.05
Revenue growth-7.3%+22.2%+48.3%+10.2%+22.1%-20.5%-
Other income0.510.280.240.290.450.530.76
Total expenses81.7187.1071.3848.6343.7135.5445.11
Employee cost4.644.223.372.482.362.252.89
EBITDA2.894.133.291.731.981.891.94
EBITDA margin+3.4%+4.5%+4.4%+3.4%+4.3%+5.1%+4.1%
Depreciation1.451.010.950.940.890.820.90
Interest0.650.430.270.100.150.120.36
Profit before tax1.302.972.310.981.391.481.44
Tax0.070.840.580.320.510.290.38
Net profit1.232.131.700.670.881.191.06
Net profit margin+1.5%+2.3%+2.3%+1.3%+1.9%+3.2%+2.3%
EPS (₹)0.550.960.780.290.410.540.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.0611.0611.0611.0611.0611.0611.06
Reserves & surplus20.0718.8516.7615.0314.4513.5312.32
Shareholders' funds (net worth)31.1329.9127.8226.0925.5124.5923.38
Secured loans5.572.331.590.451.791.240.42
Unsecured loans0.180.250.310.000.080.140.00
Total debt5.752.581.900.451.871.380.42
Total liabilities37.0932.5729.7226.5427.4026.0124.24
Assets
Gross block30.7524.0822.9521.6421.4519.4919.17
Net block21.6016.3816.2015.7916.3315.2615.75
Capital work in progress0.090.000.000.000.001.200.00
Investments0.000.000.000.000.000.000.00
Inventories6.537.016.715.164.794.504.18
Sundry debtors15.0114.0212.086.489.297.477.27
Cash & bank balances0.120.020.012.250.010.040.45
Loans & advances0.510.420.390.160.380.590.30
Total current assets22.1721.4719.1914.0514.4712.6012.20
Total current liabilities8.465.975.062.883.113.093.79
Net working capital13.7115.5014.1311.1711.369.518.41
Total assets37.0932.5729.7226.5427.4026.0124.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.020.012.130.010.040.230.14
Net cash from operating activities5.272.33(2.14)4.130.480.283.80
Net cash from investing activities(7.88)(2.65)(0.85)(0.52)(0.87)(1.18)(0.77)
Net cash from financing activities2.610.330.87(1.49)0.360.71(2.94)
Net change in cash0.010.00(2.12)2.12(0.03)(0.19)0.09
Closing cash0.120.020.012.250.010.040.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-7.3%+22.2%+48.3%+10.2%+22.1%-20.5%-
EBITDA growth-30.0%+25.5%+90.2%-12.6%+4.8%-2.6%-
PBT growth-56.2%+28.6%+135.7%-29.5%-6.1%+2.8%-9.4%
Net income growth-42.3%+25.3%+153.7%-23.9%-26.1%+12.3%-
Revenue CAGR (3Y)+18.9%+25.9%+25.9%+2.3%-1.0%+2.8%+13.7%
EBITDA CAGR (3Y)+18.7%+27.8%+20.3%-3.8%-4.3%-12.9%-0.7%
Profitability & leverage
Net income margin+1.5%+2.3%+2.3%+1.3%+1.9%+3.2%+2.3%
Return on capital employed+5.6%+10.9%+9.2%+3.9%+5.8%+6.4%+7.3%
Return on net worth+4.0%+7.4%+6.4%+2.5%+3.6%+5.0%+4.7%
Debt / equity0.140.080.040.040.070.040.07
Long-term debt / equity0.040.020.010.010.020.010.00
Interest cover45.1413.7811.5412.6613.7611.2134.62
Efficiency & per share
Fixed asset turnover3.093.883.352.342.231.942.50
Inventory turnover12.5013.3012.5810.129.848.6211.45
Debtors turnover5.836.998.056.395.455.085.96
EPS (₹)0.550.960.780.290.410.540.48
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)14.0813.5212.5811.8011.5311.1210.57
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Shareholding Pattern of Polylink Polymers (India) Limited

Shareholding for the quarter ended Mar 2026: promoters hold 72.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.50%.

Promoters: 72.50%Retail & Others: 27.50%
Mar 2026
QUARTER
72.50% Promoters
27.50% Retail & Others
Promoter holding - history
Now 72.50% · Mar 2026High 72.50% · Jun 2025Low 72.50% · Jun 2025
71%71.8%72.5%73.3%74%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 72.50%Sep 2025: 72.50%Dec 2025: 72.50%Mar 2026: 72.50%72.50%72.50%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters72.50%72.50%72.50%72.50%
Public27.50%27.50%27.50%27.50%

Group Structure of Polylink Polymers (India) Limited

Polylink Polymers (India) has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Charges & Borrowings of Polylink Polymers (India) Limited

Open charges
₹17.75 Cr
Satisfied charges
₹40.81 Cr
Breakdown by lending institutions
Axis Bank Limited₹16.83 Cr
Hdfc Bank Limited₹0.92 Cr
Latest charge details
DateLenderAmountStatus
05 Mar 2026Hdfc Bank Limited₹10.23 LakhOpen
17 May 2025Hdfc Bank Limited₹40 LakhOpen
08 Nov 2023Hdfc Bank Limited₹42 LakhOpen
14 Nov 2014Axis Bank Limited₹16.83 CrOpen
27 Jan 2023Hdfc Bank Limited₹20 LakhSatisfied

Total charge records: 12 View all charges

Employees and EPFO Compliance at Polylink Polymers (India) Limited

Polylink Polymers (India) Limited has a workforce of 120 employees as of Apr 05, 2024.

Employee count
120
Active EPFO establishments
1
Employee growth
15.38%
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GST Compliance of Polylink Polymers (India) Limited

Polylink Polymers (India) has 7 GST registrations: 1 active and 6 cancelled or inactive.

Total GSTINs
7
Active
1
Cancelled / inactive
6
GSTINStateStatusRegistered on
24AAACP4801B1Z6GujaratActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Polylink Polymers (India) Limited

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MSME Payment Delays by Polylink Polymers (India) Limited

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Subsidiaries & Group Companies of Polylink Polymers (India) Limited

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MCA Filings & Documents of Polylink Polymers (India) Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Recent Activity on Polylink Polymers (India) Limited

Charges
21 May 2026
A charge registered on 27 Jan 2023 via Charge ID 100673320 with Hdfc Bank Limited was fully satisfied on 21 May 2026.
Charges
05 Mar 2026
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101247797 was registered on 05 Mar 2026.
Activity
26 Sep 2025
Polylink Polymers (India) Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
15 Sep 2025
A charge with Axis Bank Limited of Rs. 16.83 Cr registered on 14 Nov 2014 with Charge ID 10532864 was modified on 15 Sep 2025.
Directors
20 Aug 2025
Priyal Dangi was appointed as a Company Secretary on 20 Aug 2025 & has been associated with this company since 1 year 1 month.
Charges
17 May 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101096160 was registered on 17 May 2025.

Frequently Asked Questions about Polylink Polymers (India) Limited

Polylink Polymers (India) is an active public limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 08 January 1993 (33+ years old) and is registered under CIN L17299GJ1993PLC032905. Listed on BSE: 531454.

Polylink Polymers (India) reported revenue of ₹84.6 Cr for FY 2025-26 (down 7.3% YoY) based on standalone financials.

Polylink Polymers (India) has 6 current directors:

The GSTIN of Polylink Polymers (India) is 24AAACP4801B1Z6, registered in Gujarat. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.

The CIN (Corporate Identification Number) of Polylink Polymers (India) is L17299GJ1993PLC032905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Polylink Polymers (India) is listed on BSE with code 531454.

Polylink Polymers (India) was incorporated on 08 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Polylink Polymers (India) can be reached through the website polylinkpolymers.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Polylink Polymers (India) is at Block No 229 – 230 Villagevalthera Taluka; Dholk Dist;, Ahmedabad, Gujarat, India – 387810.

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