MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0004464
Polyols & Polymers Private Limited - chemicals and materials in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.77 Cr
▼ 17% YoY
Net profit · FY 2024
₹1.54 Cr
Net margin 4.7%
EBITDA · FY 2024
₹2.37 Cr
EBITDA margin 7.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.07 Cr
Issued & subscribed
Open charges
₹12.49 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
70
Provident fund records
About Polyols & Polymers Private Limited
Data last updated:
Polyols & Polymers Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 15 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24303GJ2016PTC093748. Its GSTIN is 24AAICP7783N1ZM (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.07 Cr. It is led by directors including Supratik Dutt (Managing Director) and Pradeep Vasudeo Bulchandani (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 C – 1/58 – 59 G.I.D.C. Chanod, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.77 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 4.7%) and EBITDA of ₹2.37 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.49 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Polyols & Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0004464). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyolsandpolymers.net.
Company details
CIN U24303GJ2016PTC093748
Registration Number 093748
Incorporation Date 15 September 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0004464
Key People
Supratik Dutt Managing Director Pradeep Vasudeo Bulchandani Whole-Time Director Archana Dutt Whole-Time Director Recognitions & Rankings of Polyols & Polymers
Contact details
Polyols & Polymers Private Limited's registered office is in Vapi, Gujarat. Its website is polyolsandpolymers.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 1/58 – 59 G.I.D.C. Chanod, Vapi, Gujarat, India – 396195
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Polyols & Polymers Private Limited, buy the company report.
Comprehensive company report
Polyols & Polymers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Polyols & Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Polyols & Polymers Private Limited, buy the company report.
Financials of Polyols & Polymers Private Limited
FY 2024 filings availablePolyols & Polymers Private Limited reported revenue of ₹32.77 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹32.77 Cr ▼ 17%
Net profit · FY 2024
₹1.54 Cr margin 4.7%
EBITDA · FY 2024
₹2.37 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 7%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 4%
5 years · compounded
▲ 9%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.54 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Polyols & Polymers Private Limited, buy the company report.
Board of directors of Polyols & Polymers Private Limited
Polyols & Polymers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Supratik Dutt Also directs: Fidus Speciality (India) Private Limited | Managing Director | 15 Sep 2016 | 10 Years 1 Months | Current |
| Pradeep Vasudeo Bulchandani | Whole-Time Director | 15 Sep 2016 | 10 Years 1 Months | Current |
| Archana Dutt | Whole-Time Director | 07 Nov 2016 | 10 Years 0 Months | Current |
| Trushitkumar Navnitlal Patel | Director | 15 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Polyols & Polymers Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 |
|---|---|---|---|---|---|---|
| NSM Polymers Private Limited | ₹33.3 Cr (FY 2025) | 68.0% | Gurgaon, Haryana, India | |||
| VNM Polymers Pvt. Ltd. | ₹33.2 Cr (FY 2024) | 13.0% | Ballabgarh, Haryana, India | |||
| Manas Polymers and Energies Limited | ₹33.06 Cr (FY 2025) | 558.0% | Gwalior, Madhya Pradesh, India | |||
| Monsoon Polymers Private Limited | ₹32.94 Cr (FY 2025) | 0.0% | Guwahati, Assam, India | |||
| Polyols & Polymers Private Limitedthis company | ₹32.77 Cr (FY 2024) | ₹1.54 Cr | 4.7% | -17.0% | 70 | Vapi, Gujarat, India |
| Emkay Polymers Private Limited | ₹32.71 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Filtrum Polymers Private Limited | ₹32.68 Cr (FY 2019) | 11.0% | Pune, Maharashtra, India | |||
| Crystal Matfoam Private Limited | ₹32.6 Cr (FY 2025) | 93.0% | Jamshedpur, Jharkhand, India | |||
| Tricon Polymers Private Limited | ₹32.22 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Polyols & Polymers Private Limited, buy the company report.
Auditor
Polyols & Polymers Private Limited is audited by Kakaria and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kakaria and Associates LLP | FY 2023 | 104558W/W100601 |
Shareholding
The shareholding of Polyols & Polymers 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 Polyols & Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.49 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2022 | 100534880 | State Bank of India | ₹8 Lakh | Open | |
| 10 Feb 2017 | 100080347 | State Bank of India | ₹12.41 Cr | Open |
To see the full charge records of Polyols & Polymers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Polyols & Polymers Private Limited has 1 court case on record: 1 filed by Polyols & Polymers. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Pending |
To see the full case history of Polyols & Polymers 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
Polyols & Polymers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Himalayan Pinegold Resins & Chemicals |
To see the full MSME payment records of Polyols & Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Polyols & Polymers Private Limited has a workforce of 70 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
70
Active EPFO establishments
1
Employee growth
-2.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 70 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Polyols & Polymers Private Limited, buy the company report.
GST
Polyols & Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP7783N1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polyols & Polymers Private Limited, buy the company report.
Recent activity
Polyols & Polymers Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Archana Dutt ceased to be Whole-Time Director on 19 Mar 2025.
Charges
A charge with State Bank Of India of Rs. 12.41 Cr registered on 10 Feb 2017 with Charge ID 100080347 was modified on 29 May 2025.
Ceased
Archana Dutt ceased to be Whole-Time Director.
Ceased
Pradeep Vasudeo Bulchandani ceased to be Whole-Time Director.
Ceased
Supratik Dutt ceased to be Managing Director.
Charges
A charge with State Bank Of India of Rs. 0.08 Cr registered on 18 Jan 2022 with Charge ID 100534880 was modified on 10 Mar 2025.
AGM
Polyols & Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Polyols & Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 0.08 Cr with Charge ID 100534880 was registered on 18 Jan 2022.
Charges
A charge with State Bank Of India amounted to Rs. 12.41 Cr with Charge ID 100080347 was registered on 10 Feb 2017.
Appointed
Archana Dutt was appointed as Whole-Time Director.
Ceased
Prabir Kumar Dutt ceased to be Director.
Appointed
Pradeep Vasudeo Bulchandani was appointed as Whole-Time Director.
3 earlier events are in the company report.
Frequently asked questions
Polyols & Polymers is an active private limited company based in Vapi, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 15 September 2016 (10+ years old) and is registered under CIN U24303GJ2016PTC093748.
Polyols & Polymers has 4 current directors:
- Supratik Dutt - Managing Director
- Pradeep Vasudeo Bulchandani - Whole-Time Director
- Archana Dutt - Whole-Time Director
- Trushitkumar Navnitlal Patel - Director
The latest financial statements of Polyols & Polymers 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 FY 2017 are in the company report.
The GSTIN of Polyols & Polymers is 24AAICP7783N1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Polyols & Polymers is U24303GJ2016PTC093748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyols & Polymers has 1 court case on record: 1 filed by the company. 1 is pending.
Polyols & Polymers was incorporated on 15 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Polyols & Polymers by revenue are NSM Polymers Private Limited, VNM Polymers Pvt. Ltd, Manas Polymers and Energies Limited, Monsoon Polymers Private Limited, Emkay Polymers Private Limited and 3 more, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Archana Dutt ceased to be Whole-Time Director on 19 Mar 2025. Pradeep Vasudeo Bulchandani ceased to be Whole-Time Director on 19 Mar 2025. Supratik Dutt ceased to be Managing Director on 19 Mar 2025. Polyols & Polymers has 8 board changes on record in total.
Yes, Polyols & Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0004464).
Polyols & Polymers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 May 2019.
Polyols & Polymers can be reached through the website polyolsandpolymers.net. Its registered office is in Vapi, Gujarat, India.
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