- Udyam number
- UDYAM-GJ-24-0020873

About Polymechplast Machines Limited
Data last updated:
Polymechplast Machines Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27310GJ1987PLC009517. Its GSTIN is 24AABCP2461N1ZC (Gujarat). The company holds 6 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526043.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.6 Cr. It was formerly known as Polymechplast Machines Private Limited. It is led by directors including Himmatlal Parshottambhai Bhuva (Managing Director) and Asmani Ailush Surve.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Gold Coin House 776 GIDC Makarpura, Vadodara, Gujarat, India – 390010.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹68.93 Cr, a growth of 6.2% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Cr (net margin 4.6%) and EBITDA of ₹65 Lakh (EBITDA margin 0.9%). The net worth stands at ₹28.22 Cr (up 10.7% YoY). Total assets are valued at ₹33.36 Cr (up 7.7% YoY).
The company has about 108 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PML. As per MCA filings, the company has open charges of ₹14.53 Lakh and satisfied charges of ₹34 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it. The company has 20 deals on record (19 market trades, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in January 2024. Its 6 peer companies in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 2 smaller; the largest is United Heat Transfer Limited with revenue of ₹67.88 Cr.
Polymechplast Machines Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0020873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polymechplast.com.
Company details
Recognitions & Rankings of Polymechplast Machines
Contact details
Polymechplast Machines Limited's registered office is in Vadodara, Gujarat. Its website is polymechplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGold Coin House 776 GIDC Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Polymechplast Machines 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
Polymechplast Machines operates one associated brand: PML. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of injection & blow moulding machines | polymechplast.com |
Business activity
The main business activity of Polymechplast Machines 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 Polymechplast Machines Limited, buy the company report.
Financials of Polymechplast Machines Limited
FY 2025-26 filings availablePolymechplast Machines Limited reported revenue of ₹68.93 Cr (up 6.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 68.93 | 64.89 | 59.04 | 69.22 | 83.44 | 60.89 | 43.91 |
| Revenue growth | +6.2% | +9.9% | -14.7% | -17.0% | +37.0% | +38.7% | - |
| EBITDA | 0.65 | 1.71 | 1.92 | 2.81 | 5.48 | 3.90 | 2.84 |
| EBITDA margin | +0.9% | +2.6% | +3.3% | +4.1% | +6.6% | +6.4% | +6.5% |
| Profit before tax | 4.34 | 1.30 | 1.12 | 2.06 | 4.74 | 3.64 | 2.37 |
| Net profit | 3.20 | 0.71 | 0.70 | 1.53 | 3.43 | 2.77 | 1.74 |
| Net profit margin | +4.6% | +1.1% | +1.2% | +2.2% | +4.1% | +4.6% | +4.0% |
| EPS (₹) | 5.72 | 1.25 | 1.29 | 2.74 | 6.15 | 5.81 | 3.59 |
| Balance sheet | |||||||
| Total assets | 33.36 | 30.98 | 26.54 | 29.39 | 29.23 | 21.58 | 20.21 |
| Net worth | 28.22 | 25.50 | 25.36 | 25.18 | 24.15 | 16.20 | 13.81 |
| Total debt | 4.68 | 3.53 | 1.05 | 4.21 | 5.07 | 5.38 | 6.40 |
| Cash & bank | 4.43 | 8.74 | 3.16 | 7.37 | 8.11 | 5.75 | 1.52 |
| Net working capital | 9.17 | 10.87 | 3.45 | 9.12 | 8.95 | 4.63 | 6.13 |
| Cash flow | |||||||
| Cash from operations | (5.24) | (0.83) | 3.46 | 1.11 | 2.60 | 8.70 | 2.56 |
| Cash from investing | 3.24 | 1.64 | 0.71 | (0.22) | (8.50) | (5.10) | (2.55) |
| Cash from financing | 0.22 | 1.75 | (4.15) | (1.89) | 3.75 | (1.33) | (0.82) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.93 | 21.75 | 20.23 | 14.97 | 11.98 | 19.18 | 15.02 | 16.40 |
| Revenue growth (YoY) | -17.1% | +13.4% | +34.7% | -8.7% | -16.2% | - | - | - |
| Other income | 0.24 | 4.28 | 0.22 | 0.23 | 0.20 | 0.18 | 0.23 | 0.21 |
| EBITDA | (0.88) | (0.35) | 1.09 | 0.15 | (0.24) | 0.39 | 0.55 | 0.86 |
| EBITDA margin | -8.9% | -1.6% | +5.4% | +1.0% | -2.0% | +2.0% | +3.7% | +5.2% |
| Depreciation | 0.19 | 0.22 | 0.22 | 0.22 | 0.21 | 0.23 | 0.23 | 0.23 |
| Interest | 0.09 | 0.15 | 0.07 | 0.08 | 0.08 | 0.11 | 0.06 | 0.04 |
| Profit before tax | (0.92) | 3.56 | 1.02 | 0.08 | (0.33) | 0.23 | 0.49 | 0.80 |
| Tax | (0.21) | 0.49 | 0.38 | 0.12 | (0.09) | 0.06 | 0.14 | 0.25 |
| Net profit | (0.71) | 3.07 | 0.64 | (0.04) | (0.24) | 0.17 | 0.35 | 0.55 |
| EPS (₹) | (1.42) | 5.31 | 1.09 | (0.16) | (0.52) | 0.35 | 0.39 | 0.91 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 68.93 | 64.89 | 59.04 | 69.22 | 83.44 | 60.89 | 43.91 |
| Revenue growth | +6.2% | +9.9% | -14.7% | -17.0% | +37.0% | +38.7% | - |
| EBITDA | 0.09 | 1.71 | 1.86 | 2.81 | 5.48 | 3.90 | 2.84 |
| EBITDA margin | +0.1% | +2.6% | +3.2% | +4.1% | +6.6% | +6.4% | +6.5% |
| Profit before tax | 3.78 | 1.30 | 1.06 | 2.06 | 4.74 | 3.64 | 2.37 |
| Net profit | 2.88 | 0.92 | 0.77 | 1.54 | 3.46 | 2.77 | 1.74 |
| Net profit margin | +4.2% | +1.4% | +1.3% | +2.2% | +4.2% | +4.6% | +4.0% |
| EPS (₹) | 5.15 | 1.62 | 1.41 | 2.77 | 6.20 | 5.82 | 3.59 |
| Balance sheet | |||||||
| Total assets | 33.36 | 31.30 | 26.66 | 29.43 | 29.26 | 21.58 | 20.21 |
| Net worth | 28.22 | 25.82 | 25.47 | 25.22 | 24.18 | 16.20 | 13.81 |
| Total debt | 4.68 | 3.53 | 1.05 | 4.21 | 5.07 | 5.38 | 6.40 |
| Cash & bank | 4.43 | 8.74 | 3.16 | 7.37 | 8.11 | 5.75 | 1.52 |
| Net working capital | 9.17 | 10.87 | 3.45 | 9.12 | 8.95 | 4.63 | 6.13 |
| Cash flow | |||||||
| Cash from operations | (5.24) | (0.83) | 3.46 | 1.11 | 2.60 | 8.70 | 2.56 |
| Cash from investing | 3.24 | 1.64 | 0.71 | (0.22) | (8.50) | (5.10) | (2.55) |
| Cash from financing | 0.22 | 1.75 | (4.15) | (1.89) | 3.75 | (1.33) | (0.82) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.93 | 21.75 | 20.23 | 14.97 | 11.98 | 19.18 | 15.02 | 16.40 |
| Revenue growth (YoY) | -17.1% | +13.4% | +34.7% | -8.7% | -16.2% | - | - | - |
| Other income | 0.24 | 4.28 | 0.22 | 0.23 | 0.20 | 0.18 | 0.23 | 0.21 |
| Total expenses | 10.81 | 22.66 | 19.14 | 14.82 | 12.22 | 18.79 | 14.47 | 15.54 |
| EBITDA | (0.88) | (0.91) | 1.09 | 0.15 | (0.24) | 0.39 | 0.55 | 0.86 |
| EBITDA margin | -8.9% | -4.2% | +5.4% | +1.0% | -2.0% | +2.0% | +3.7% | +5.2% |
| Depreciation | 0.19 | 0.22 | 0.22 | 0.22 | 0.21 | 0.23 | 0.23 | 0.23 |
| Interest | 0.09 | 0.15 | 0.07 | 0.08 | 0.08 | 0.11 | 0.06 | 0.04 |
| Profit before tax | (0.92) | 3.00 | 1.02 | 0.08 | (0.33) | 0.23 | 0.49 | 0.80 |
| Tax | (0.21) | 0.49 | 0.38 | 0.12 | (0.09) | 0.06 | 0.14 | 0.25 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.93 | 21.75 | 20.23 | 14.97 | 11.98 | 19.18 | 15.02 | 16.40 |
| Revenue growth (YoY) | -17.1% | +13.4% | +34.7% | -8.7% | -16.2% | - | - | - |
| Other income | 0.24 | 4.28 | 0.22 | 0.23 | 0.20 | 0.18 | 0.23 | 0.21 |
| EBITDA | (0.88) | (0.35) | 1.09 | 0.15 | (0.24) | 0.39 | 0.55 | 0.86 |
| EBITDA margin | -8.9% | -1.6% | +5.4% | +1.0% | -2.0% | +2.0% | +3.7% | +5.2% |
| Depreciation | 0.19 | 0.22 | 0.22 | 0.22 | 0.21 | 0.23 | 0.23 | 0.23 |
| Interest | 0.09 | 0.15 | 0.07 | 0.08 | 0.08 | 0.11 | 0.06 | 0.04 |
| Profit before tax | (0.92) | 3.56 | 1.02 | 0.08 | (0.33) | 0.23 | 0.49 | 0.80 |
| Tax | (0.21) | 0.49 | 0.38 | 0.12 | (0.09) | 0.06 | 0.14 | 0.25 |
| Net profit | (0.71) | 3.07 | 0.64 | (0.04) | (0.24) | 0.17 | 0.35 | 0.55 |
| EPS (₹) | (1.42) | 5.31 | 1.09 | (0.16) | (0.52) | 0.35 | 0.39 | 0.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 68.93 | 64.89 | 59.04 | 69.22 | 83.44 | 60.89 | 43.91 |
| Revenue growth | +6.2% | +9.9% | -14.7% | -17.0% | +37.0% | +38.7% | - |
| Other income | 4.93 | 0.76 | 0.66 | 0.63 | 0.49 | 0.53 | 0.29 |
| Total expenses | 68.28 | 63.18 | 57.12 | 66.41 | 77.96 | 56.99 | 41.07 |
| Employee cost | 0.00 | 6.44 | 5.71 | 6.21 | 6.38 | 5.37 | 5.03 |
| EBITDA | 0.65 | 1.71 | 1.92 | 2.81 | 5.48 | 3.90 | 2.84 |
| EBITDA margin | +0.9% | +2.6% | +3.3% | +4.1% | +6.6% | +6.4% | +6.5% |
| Depreciation | 0.87 | 0.92 | 0.94 | 0.92 | 0.80 | 0.46 | 0.31 |
| Interest | 0.37 | 0.25 | 0.52 | 0.46 | 0.43 | 0.33 | 0.45 |
| Profit before tax | 4.34 | 1.30 | 1.12 | 2.06 | 4.74 | 3.64 | 2.37 |
| Tax | 0.90 | 0.38 | 0.29 | 0.52 | 1.28 | 0.87 | 0.63 |
| Net profit | 3.20 | 0.71 | 0.70 | 1.53 | 3.43 | 2.77 | 1.74 |
| Net profit margin | +4.6% | +1.1% | +1.2% | +2.2% | +4.1% | +4.6% | +4.0% |
| EPS (₹) | 5.72 | 1.25 | 1.29 | 2.74 | 6.15 | 5.81 | 3.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.60 | 5.60 | 5.60 | 5.60 | 5.60 | 4.78 | 4.78 |
| Reserves & surplus | 22.62 | 19.90 | 19.76 | 19.58 | 18.55 | 11.42 | 9.03 |
| Shareholders' funds (net worth) | 28.22 | 25.50 | 25.36 | 25.18 | 24.15 | 16.20 | 13.81 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 4.68 | 3.53 | 1.05 | 4.21 | 5.07 | 5.38 | 6.40 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 4.68 | 3.53 | 1.05 | 4.21 | 5.07 | 5.38 | 6.40 |
| Total liabilities | 33.36 | 30.98 | 26.54 | 29.39 | 29.23 | 21.58 | 20.21 |
| Assets | |||||||
| Gross block | 17.82 | 20.78 | 20.73 | 19.90 | 19.37 | 15.36 | 7.87 |
| Net block | 11.76 | 15.47 | 16.33 | 16.44 | 16.83 | 13.62 | 6.50 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 5.06 |
| Investments | 0.16 | 0.40 | 0.61 | 0.02 | 0.03 | 0.02 | 0.00 |
| Inventories | 15.63 | 12.96 | 11.13 | 13.45 | 12.72 | 11.12 | 11.31 |
| Sundry debtors | 4.45 | 1.81 | 2.65 | 1.59 | 2.77 | 1.48 | 1.57 |
| Cash & bank balances | 4.43 | 8.74 | 3.16 | 7.37 | 8.11 | 5.75 | 1.52 |
| Loans & advances | 4.16 | 0.78 | 1.31 | 0.28 | 1.07 | 1.65 | 1.99 |
| Total current assets | 28.67 | 24.29 | 18.25 | 22.69 | 24.67 | 20.00 | 16.39 |
| Total current liabilities | 19.50 | 13.42 | 14.80 | 13.57 | 15.72 | 15.37 | 10.26 |
| Net working capital | 9.17 | 10.87 | 3.45 | 9.12 | 8.95 | 4.63 | 6.13 |
| Total assets | 33.36 | 30.98 | 26.54 | 29.39 | 29.23 | 21.58 | 20.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.59 | 0.03 | 0.02 | 1.02 | 3.18 | 0.91 | 1.72 |
| Net cash from operating activities | (5.24) | (0.83) | 3.46 | 1.11 | 2.60 | 8.70 | 2.56 |
| Net cash from investing activities | 3.24 | 1.64 | 0.71 | (0.22) | (8.50) | (5.10) | (2.55) |
| Net cash from financing activities | 0.22 | 1.75 | (4.15) | (1.89) | 3.75 | (1.33) | (0.82) |
| Net change in cash | (1.78) | 2.56 | 0.02 | (1.00) | (2.16) | 2.27 | (0.81) |
| Closing cash | 4.43 | 8.74 | 3.16 | 7.37 | 8.11 | 5.75 | 1.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.2% | +9.9% | -14.7% | -17.0% | +37.0% | +38.7% | - |
| EBITDA growth | -62.0% | -10.9% | -31.7% | -48.7% | +40.5% | +37.3% | - |
| PBT growth | +233.9% | +16.1% | -45.6% | -56.5% | +30.2% | +53.6% | +9997.0% |
| Net income growth | +350.7% | +1.4% | -54.3% | -55.4% | +23.8% | +59.2% | - |
| Revenue CAGR (3Y) | -0.1% | -8.0% | -1.0% | +16.4% | - | - | - |
| EBITDA CAGR (3Y) | -38.6% | -32.2% | -21.0% | -0.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.0% | +1.4% | +1.4% | +2.2% | +4.2% | +4.6% | +4.0% |
| Return on capital employed | - | +5.4% | +5.9% | +8.6% | +20.4% | +19.1% | +13.9% |
| Return on net worth | - | +3.6% | +3.4% | +6.3% | +17.2% | +18.5% | +12.5% |
| Debt / equity | - | 0.09 | 0.10 | 0.19 | 0.26 | 0.39 | 0.46 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.08 |
| Interest cover | -168.18 | 31.65 | 53.06 | 24.34 | 9.19 | 9.59 | 17.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 3.13 | 2.91 | 3.53 | 4.81 | 5.24 | 5.58 |
| Inventory turnover | - | 5.39 | 4.80 | 5.29 | 7.00 | 5.43 | 3.88 |
| Debtors turnover | - | 29.10 | 27.85 | 31.75 | 39.27 | 39.93 | 27.97 |
| EPS (₹) | 5.72 | 1.25 | 1.29 | 2.74 | 6.15 | 5.81 | 3.59 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.80 |
| Book value per share (₹) | 0.00 | 45.53 | 45.28 | 44.95 | 43.12 | 33.88 | 28.88 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.93 | 21.75 | 20.23 | 14.97 | 11.98 | 19.18 | 15.02 | 16.40 |
| Revenue growth (YoY) | -17.1% | +13.4% | +34.7% | -8.7% | -16.2% | - | - | - |
| Other income | 0.24 | 4.28 | 0.22 | 0.23 | 0.20 | 0.18 | 0.23 | 0.21 |
| Total expenses | 10.81 | 22.66 | 19.14 | 14.82 | 12.22 | 18.79 | 14.47 | 15.54 |
| EBITDA | (0.88) | (0.91) | 1.09 | 0.15 | (0.24) | 0.39 | 0.55 | 0.86 |
| EBITDA margin | -8.9% | -4.2% | +5.4% | +1.0% | -2.0% | +2.0% | +3.7% | +5.2% |
| Depreciation | 0.19 | 0.22 | 0.22 | 0.22 | 0.21 | 0.23 | 0.23 | 0.23 |
| Interest | 0.09 | 0.15 | 0.07 | 0.08 | 0.08 | 0.11 | 0.06 | 0.04 |
| Profit before tax | (0.92) | 3.00 | 1.02 | 0.08 | (0.33) | 0.23 | 0.49 | 0.80 |
| Tax | (0.21) | 0.49 | 0.38 | 0.12 | (0.09) | 0.06 | 0.14 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 68.93 | 64.89 | 59.04 | 69.22 | 83.44 | 60.89 | 43.91 |
| Revenue growth | +6.2% | +9.9% | -14.7% | -17.0% | +37.0% | +38.7% | - |
| Other income | 4.93 | 0.76 | 0.66 | 0.63 | 0.49 | 0.53 | 0.29 |
| Total expenses | 68.84 | 63.18 | 57.18 | 66.41 | 77.96 | 56.99 | 41.07 |
| Employee cost | 0.00 | 6.44 | 5.71 | 6.21 | 6.38 | 5.37 | 5.03 |
| EBITDA | 0.09 | 1.71 | 1.86 | 2.81 | 5.48 | 3.90 | 2.84 |
| EBITDA margin | +0.1% | +2.6% | +3.2% | +4.1% | +6.6% | +6.4% | +6.5% |
| Depreciation | 0.87 | 0.92 | 0.94 | 0.92 | 0.80 | 0.46 | 0.31 |
| Interest | 0.37 | 0.25 | 0.52 | 0.46 | 0.43 | 0.33 | 0.45 |
| Profit before tax | 3.78 | 1.30 | 1.06 | 2.06 | 4.74 | 3.64 | 2.37 |
| Tax | 0.90 | 0.38 | 0.29 | 0.52 | 1.28 | 0.87 | 0.63 |
| Net profit | 2.88 | 0.92 | 0.77 | 1.54 | 3.46 | 2.77 | 1.74 |
| Net profit margin | +4.2% | +1.4% | +1.3% | +2.2% | +4.2% | +4.6% | +4.0% |
| EPS (₹) | 5.15 | 1.62 | 1.41 | 2.77 | 6.20 | 5.82 | 3.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.60 | 5.60 | 5.60 | 5.60 | 5.60 | 4.78 | 4.78 |
| Reserves & surplus | 22.62 | 20.22 | 19.87 | 19.62 | 18.58 | 11.42 | 9.03 |
| Shareholders' funds (net worth) | 28.22 | 25.82 | 25.47 | 25.22 | 24.18 | 16.20 | 13.81 |
| Secured loans | 4.64 | 3.53 | 1.05 | 4.21 | 5.07 | 5.38 | 6.40 |
| Unsecured loans | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 4.68 | 3.53 | 1.05 | 4.21 | 5.07 | 5.38 | 6.40 |
| Total liabilities | 33.36 | 31.30 | 26.66 | 29.43 | 29.26 | 21.58 | 20.21 |
| Assets | |||||||
| Gross block | 17.82 | 20.78 | 20.73 | 19.90 | 19.37 | 15.36 | 7.87 |
| Net block | 11.76 | 15.47 | 16.33 | 16.44 | 16.83 | 13.62 | 6.50 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 5.06 |
| Investments | 0.16 | 0.72 | 0.72 | 0.06 | 0.06 | 0.02 | 0.00 |
| Inventories | 15.63 | 12.96 | 11.13 | 13.45 | 12.72 | 11.12 | 11.31 |
| Sundry debtors | 4.45 | 1.81 | 2.65 | 1.59 | 2.77 | 1.48 | 1.57 |
| Cash & bank balances | 4.43 | 8.74 | 3.16 | 7.37 | 8.11 | 5.75 | 1.52 |
| Loans & advances | 4.16 | 0.78 | 1.31 | 0.28 | 1.07 | 1.65 | 1.99 |
| Total current assets | 28.67 | 24.29 | 18.25 | 22.69 | 24.67 | 20.00 | 16.39 |
| Total current liabilities | 19.50 | 13.42 | 14.80 | 13.57 | 15.72 | 15.37 | 10.26 |
| Net working capital | 9.17 | 10.87 | 3.45 | 9.12 | 8.95 | 4.63 | 6.13 |
| Total assets | 33.36 | 31.30 | 26.66 | 29.43 | 29.26 | 21.58 | 20.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.59 | 0.03 | 0.02 | 1.02 | 3.18 | 0.91 | 1.72 |
| Net cash from operating activities | (5.24) | (0.83) | 3.46 | 1.11 | 2.60 | 8.70 | 2.56 |
| Net cash from investing activities | 3.24 | 1.64 | 0.71 | (0.22) | (8.50) | (5.10) | (2.55) |
| Net cash from financing activities | 0.22 | 1.75 | (4.15) | (1.89) | 3.75 | (1.33) | (0.82) |
| Net change in cash | (1.78) | 2.56 | 0.02 | (1.00) | (2.16) | 2.27 | (0.81) |
| Closing cash | 4.43 | 8.74 | 3.16 | 7.37 | 8.11 | 5.75 | 1.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.2% | +9.9% | -14.7% | -17.0% | +37.0% | +38.7% | - |
| EBITDA growth | -94.7% | -8.1% | -33.8% | -48.7% | +40.5% | +37.3% | - |
| PBT growth | +190.8% | +22.6% | -48.5% | -56.5% | +30.2% | +53.6% | -22.8% |
| Net income growth | +213.0% | +19.5% | -50.0% | -55.5% | +24.9% | +59.2% | - |
| Revenue CAGR (3Y) | -0.1% | -8.0% | -1.0% | +16.4% | +15.3% | +8.8% | +9.2% |
| EBITDA CAGR (3Y) | -68.2% | -32.2% | -21.9% | -0.4% | +15.0% | +12.6% | +12.4% |
| Profitability & leverage | |||||||
| Net income margin | +4.2% | +1.4% | +1.3% | +2.2% | +4.2% | +4.6% | +4.0% |
| Return on capital employed | - | +5.3% | +5.7% | +8.6% | +20.3% | +19.1% | +14.3% |
| Return on net worth | - | +3.6% | +3.1% | +6.3% | +17.2% | +18.5% | +13.0% |
| Debt / equity | - | 0.09 | 0.10 | 0.19 | 0.26 | 0.39 | 0.48 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.08 |
| Interest cover | -47.44 | 31.65 | 56.52 | 24.34 | 9.19 | 9.59 | 17.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 3.13 | 2.91 | 3.53 | 4.81 | 5.24 | 5.60 |
| Inventory turnover | - | 5.39 | 4.80 | 5.29 | 7.00 | 5.43 | 3.95 |
| Debtors turnover | - | 29.10 | 27.85 | 31.75 | 39.27 | 39.93 | 19.26 |
| EPS (₹) | 5.15 | 1.62 | 1.41 | 2.77 | 6.20 | 5.82 | 3.59 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.80 |
| Book value per share (₹) | 0.00 | 46.10 | 45.47 | 45.03 | 43.17 | 33.89 | 28.88 |
To see the full year-wise statements and ratios of Polymechplast Machines Limited, buy the company report.
Board of directors and KMP of Polymechplast Machines Limited
Polymechplast Machines Limited currently reports 7 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asmani Ailush Surve | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
| Manan Joshi Also directs: Kosh Energy Technologies Private Limited | Ceo | 02 Dec 2024 | 1 Years 10 Months | Current |
| Amit Jayantilal Shah Also directs: Nimit Electronics and Equipments Private Limited | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
| Chirag Sureshbhai Shah Also directs: Chirag Investcare Finserv LLP | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Mahendrabhai Ravjibhai Bhuva Also directs: Tbc-Goldcoin Private Limited | Director | 01 Oct 1998 | 28 Years 1 Months | Current |
| Himmatlal Parshottambhai Bhuva Also directs: Tbc-Goldcoin Private Limited, Kitchenery India Private Limited | Managing Director | 01 Oct 1998 | 28 Years 1 Months | Current |
Peer comparison
Polymechplast Machines Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), 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 |
|---|---|---|---|---|---|---|
| Polymechplast Machines Limitedthis company | ₹68.93 Cr (FY 2026) | ₹3.2 Cr | 4.6% | 6.2% | 108 | Vadodara, Gujarat, India |
| United Heat Transfer Limited | ₹67.88 Cr (FY 2025) | 6.0% | Nashik, Maharashtra, India | |||
| Anchor Mark Private Limited | ₹66.56 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Manugraph India Limited | ₹66.45 Cr (FY 2024) | -18.0% | Mumbai, Maharashtra, India | |||
| Pentagon Assembly Automation Private Limited | ₹66.18 Cr (FY 2023) | -11.0% | Pune, Maharashtra, India | |||
| Vigel Manufacturing Technologies Private Limited | ₹65.19 Cr (FY 2024) | 111.0% | Mumbai, Maharashtra, India | |||
| Hardayal Engineering Works Private Limited | ₹64.64 Cr (FY 2025) | 94.0% | Uttar Pradesh, India |
To see the full peer comparison of Polymechplast Machines Limited, buy the company report.
Auditor
Polymechplast Machines Limited is audited by C N K And Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K And Associates LLP | FY 2023 | 101961W/W-100036 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 36.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 63.50%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 36.50% | 36.50% | 36.50% | 36.50% |
| Public | 63.50% | 63.50% | 63.50% | 63.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2025 | 101103005 | Hdfc Bank Limited | ₹14.53 Lakh | Open | |
| 29 Dec 2020 | 100465850 | Indian Overseas Bank | ₹73.78 Lakh | Satisfied | |
| 09 May 2017 | 100101253 | Hdfc Bank Limited | ₹7 Lakh | Satisfied | |
| 20 Jan 2016 | 10620165 | Indian Overseas Bank | ₹11.51 Lakh | Satisfied | |
| 22 Dec 2015 | 10618537 | Indian Overseas Bank | ₹11.55 Lakh | Satisfied |
To see the full charge records of Polymechplast Machines Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Polymechplast Machines Limited has 20 deals on record (19 market trades, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in January 2024.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹42.4 Lakh | Seller: Ashmavir Financial Consultants Private Limited |
| Oct 2021 | Funding round | ₹5 Cr | Investors: Yesha Electricals Private Limited , 3 individuals |
| Sep 2021 | Market trade | ₹38.6 Lakh | Buyer: an individual |
| Jun 2021 | Market trade | ₹31.5 Lakh | Buyer: an individual Seller: an individual |
| May 2021 | Market trade | ₹76.4 Lakh | Buyer: Alacrity Securities Limited , 2 individuals Seller: 3 individuals |
To see the full deal history of Polymechplast Machines 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
Polymechplast Machines Limited has 13 court cases on record: 5 filed by Polymechplast Machines, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 0 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3802-Matters Relating To Consumer Protection : SLPs relating to Consumer Protection.) | Filed against the company by M/S Apple Plast Pvt.Ltd. | Disposed |
| Supreme Court | Court case (3802-Matters Relating To Consumer Protection : SLPs relating to Consumer Protection.) | Filed by the company against Apple Plast Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against Cochin Vinyls Pvt.Ltd. and 1 other | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Polymechplast Machines 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
Polymechplast Machines Limited was last rated by Crisil on 27 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Aug 2021 |
To see the full credit ratings and regulatory alerts of Polymechplast Machines Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polymechplast Machines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Polymechplast Machines has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Polymechplast Machines Limited has a workforce of 108 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Polymechplast Machines has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP2461N1ZC | Gujarat | Active | 01 Jul 2017 |
| 07AABCP2461N1Z8 | Delhi | Active | 01 Jul 2017 |
| 19AABCP2461N1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polymechplast Machines Limited, buy the company report.
Recent activity
Polymechplast Machines Limited has 17 board changes on record since 1998: 8 appointments and 9 cessations. The latest: Devang Rasiklal Shah was appointed as Director on 27 Aug 2026.
65 earlier events are in the company report.
News
Frequently asked questions
Polymechplast Machines is an active public limited company based in Vadodara, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 24 March 1987 (39+ years old) and is registered under CIN L27310GJ1987PLC009517. Listed on BSE: 526043.
Polymechplast Machines reported revenue of ₹68.93 Cr for FY 2025-26 (up 6.2% YoY) based on consolidated financials.
Polymechplast Machines has 8 current directors and KMP:
- Himmatlal Parshottambhai Bhuva - Managing Director
- Asmani Ailush Surve - Director
- Amit Jayantilal Shah - Director
- Chirag Sureshbhai Shah - Director
- Mahendrabhai Ravjibhai Bhuva - Director
- Anand Mahendrabhai Bhuva - Director
- Devang Rasiklal Shah - Director
- Manan Joshi - Ceo
The latest financial statements of Polymechplast Machines on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Polymechplast Machines is 24AABCP2461N1ZC, registered in Gujarat. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCP2461N1Z8 (Delhi), 19AABCP2461N1Z3 (West Bengal).
The CIN (Corporate Identification Number) of Polymechplast Machines is L27310GJ1987PLC009517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Polymechplast Machines is a listed company as per MCA records. Its shares are listed on BSE (code: 526043).
Polymechplast Machines has 13 court cases on record: 5 filed by the company and 8 filed against it. Most are in the district courts.
Polymechplast Machines was incorporated on 24 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Polymechplast Machines has 20 deals on record (19 market trades, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in January 2024.
The peers of Polymechplast Machines by revenue are United Heat Transfer Limited, Anchor Mark Private Limited, Manugraph India Limited, Pentagon Assembly Automation Private Limited, Vigel Manufacturing Technologies Private Limited and 1 more, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

