MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0065642
Polymorphic Systems Private Limited - chemicals and materials in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.97 Cr
▼ 4% YoY
Net profit · FY 2025
₹13.08 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹22.13 Lakh
EBITDA margin 1.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹19.42 Lakh
Issued & subscribed
Open charges
₹4 Lakh
Secured borrowings
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
About Polymorphic Systems Private Limited
Data last updated:
Polymorphic Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 13 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24117TN1996PTC035755. Its GSTIN is 33AAACP6429K1ZC (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.42 Lakh. It is led by directors Rajasekharan Prakash and Diraviam Rajasekharan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shed No.1 SIDCO Industrialestate Vichoor (Manali) Chennai – 6000103, Tamil Nadu, India – 600103.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.97 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.08 Lakh (net margin 1.1%) and EBITDA of ₹22.13 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹4 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Polymorphic Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0065642). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morphic.in.
Company Details of Polymorphic Systems Private Limited
CIN U24117TN1996PTC035755
Registration Number 035755
Incorporation Date 13 June 1996
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0065642
Recognitions & Rankings of Polymorphic Systems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShed No.1 SIDCO Industrialestate Vichoor (Manali) Chennai – 6000103, Tamil Nadu, India – 600103
- IndustryChemicals and Materials, Chemical Distribution & Retail
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Business Activity of Polymorphic Systems Private Limited
The main business activity of Polymorphic Systems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Polymorphic Systems Private Limited FY 2025 filings available
Polymorphic Systems Private Limited reported revenue of ₹11.97 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹11.97 Cr ▼ 4%
Net profit · FY 2025
₹13.08 Lakh margin 1.1%
EBITDA · FY 2025
₹22.13 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR) of Polymorphic Systems Private Limited
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 2%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 6%
5 years · compounded
▲ 48%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 21% 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 of Polymorphic Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.08 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Polymorphic Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Polymorphic Systems are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Polymorphic Systems Private Limited
Polymorphic Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajasekharan Prakash Also directs: Aishwaryaa Organics Private Limited | Director | 31 Mar 2001 | 25 Years 6 Months | Current |
| Diraviam Rajasekharan Also directs: Aishwaryaa Organics Private Limited | Director | 26 Apr 2018 | 8 Years 5 Months | Current |
Peer Comparison of Polymorphic Systems Private Limited
Polymorphic Systems Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sati Overseas Private Limited | ₹12.04 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Delhi, India |
| Sadhanaauto Fuel Private Limited | ₹12.02 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Varanasi, Uttar Pradesh, India |
| Mccoy Silicones Limited | ₹12.02 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
| Kanak Vinimay Private Limited | ₹12 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Thane, Maharashtra, India |
| Prava Associates Private Limited | ₹11.99 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Bhubaneswar, Odisha, India |
| Polymorphic Systems Private Limited this company | ₹11.97 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Viscoil Exim Private Limited | ₹11.96 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Sureka Marketing and Engineering Pvt Ltd | ₹11.95 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Indore, Madhya Pradesh, India |
| Pettech Services Private Limited | ₹11.92 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Kolkata, West Bengal, India |
| Dviti Petrochem Private Limited | ₹11.92 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Quepem, Goa, India |
| Lipika Graphchem Private Limited | ₹11.92 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Jabalpur, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Polymorphic Systems by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Polymorphic Systems Private Limited
Polymorphic Systems Private Limited is audited by ARASU & ARUNACHALAM for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARASU & ARUNACHALAM | Locked | Locked | Locked |
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Ownership and Shareholding of Polymorphic Systems Private Limited
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Charges & Borrowings of Polymorphic Systems Private Limited
Open charges
₹4 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2025 | Hdfc Bank Limited | ₹4 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Polymorphic Systems Private Limited
Polymorphic Systems Private Limited has 3 court cases on record: 3 filed by Polymorphic Systems. 2 cases are pending and 1 is disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Court case (COS) | Filed by the company against M/S.Sri Sai Chemicals | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against Sri Sai Chemicals | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Sri Sai Chemicals | Disposed |
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All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Polymorphic Systems Private Limited
Employment history and EPFO contributions of people linked to Polymorphic Systems.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Polymorphic Systems Private Limited
Polymorphic Systems Private Limited has 6 board changes on record since 1996: 4 appointments and 2 cessations. The latest: Rajasekharan Aravind ceased to be Director on 21 Mar 2025.
AGM
Polymorphic Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Lakh with Charge ID 101150386 was registered on 30 May 2025.
Filing
Polymorphic Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Rajasekharan Aravind ceased to be Director.
Appointed
Diraviam Rajasekharan was appointed as Director.
Ceased
Malathi Rajasekharan ceased to be Director.
Appointed
Rajasekharan Prakash was appointed as Director.
Appointed
Rajasekharan Aravind was appointed as Director.
Appointed
Malathi Rajasekharan was appointed as Director.
Incorporation
13 Jun 1996
Polymorphic Systems Private Limited was registered on 13 Jun 1996 with Roc Chennai & aged 30 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Polymorphic Systems Private Limited
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MSME Payment Delays by Polymorphic Systems Private Limited
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Subsidiaries & Group Companies of Polymorphic Systems Private Limited
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GST Compliance of Polymorphic Systems Private Limited
Polymorphic Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACP6429K1ZC | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Polymorphic Systems Private Limited
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Frequently Asked Questions about Polymorphic Systems Private Limited
Polymorphic Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 13 June 1996 (30+ years old) and is registered under CIN U24117TN1996PTC035755.
Polymorphic Systems reported revenue of ₹11.97 Cr for FY 2025 (down 4% YoY).
Polymorphic Systems has 2 current directors:
- Rajasekharan Prakash - Director
- Diraviam Rajasekharan - Director
Polymorphic Systems reported a net profit of ₹13.08 Lakh (net margin 1.1%) and EBITDA of ₹22.13 Lakh (EBITDA margin 1.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polymorphic Systems is 2% over three years and 23% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polymorphic Systems is 33AAACP6429K1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Polymorphic Systems is U24117TN1996PTC035755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polymorphic Systems has 3 court cases on record: 3 filed by the company. 2 are pending.
Polymorphic Systems was incorporated on 13 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Polymorphic Systems by revenue are Sati Overseas Private Limited, Sadhanaauto Fuel Private Limited, Mccoy Silicones Limited, Kanak Vinimay Private Limited, Prava Associates Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Rajasekharan Aravind ceased to be Director on 21 Mar 2025. Diraviam Rajasekharan was appointed as Director on 26 Apr 2018. Malathi Rajasekharan ceased to be Director on 29 Dec 2017. Polymorphic Systems has 6 board changes on record in total.