About Polypet Flexible Packaging Private Limited
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Polypet Flexible Packaging Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 29 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2005PTC152894. Its GSTIN is 27AADCP5614K1Z9 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Kalindi Jitendra Shastri and Nikhil Arun Amidwar.
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 Plot No.M – 4 M.I.D.C.Industrialarea Hingna, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.19 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹7.23 Cr (net margin -28.7%) and EBITDA of -₹4.08 Cr (EBITDA margin -16.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.86 Cr and satisfied charges of ₹2.1 Cr on record. Court records list 67 cases involving the company, including 11 filed by the company and 53 filed against it; 30 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polypet.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.M – 4 M.I.D.C.Industrialarea Hingna, Nagpur, Maharashtra, India – 440016
- IndustryPackaging, Packaging Films & Foils
- 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
- One PDF report, delivered after checkout
Business Activity of Polypet Flexible Packaging Private Limited
The main business activity of Polypet Flexible Packaging is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Polypet Flexible Packaging Private Limited FY 2025 filings available
Polypet Flexible Packaging Private Limited reported revenue of ₹25.19 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Polypet Flexible Packaging Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 79% 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 Polypet Flexible Packaging 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 | -₹4.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.23 Cr | •••• | •••• | •••• | •••• |
| 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 Polypet Flexible Packaging Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 Polypet Flexible Packaging are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils, Flexible Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Speclabel Manufacturing Private Limited | ₹26.15 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Howrah, West Bengal, India |
| Sagar Polyfilm Private Limited | ₹25.85 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Vijapur, Gujarat, India |
| Yashoda Polyfilms Private Limited | ₹25.7 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Aurangabad, Maharashtra, India |
| Vinay Wire and Poly Products Private Limited | ₹25.45 Cr (FY 2019) | •••• | •••• | -67.0% | •••• | Uttar Pradesh, India |
| Monte Pack Private Limited | ₹25.36 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Polypet Flexible Packaging Private Limited this company | ₹25.19 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Nagpur, Maharashtra, India |
| Spacex Composites India Private Limited | ₹25.18 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| International Trimmings & Labels (Vizag) India Private Limited | ₹25.13 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Pentagon Tapes Private Limited | ₹25.01 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Namo Fibres Private Limited | ₹24.79 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bhiwadi, Rajasthan, India |
| Hempra Multiprints Private Limited | ₹24.59 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Polypet Flexible Packaging by revenue in the Packaging industry (Films and Foils, Flexible Packaging), 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 Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging Private Limited is audited by A S DAGA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S DAGA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalindi Jitendra Shastri | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Nikhil Arun Amidwar | Director | 29 May 2005 | 21 Years 4 Months | Current |
Ownership and Shareholding of Polypet Flexible Packaging Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Polypet Flexible Packaging Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2023 | Others | ₹50 Lakh | Open |
| 10 May 2022 | Others | ₹70 Lakh | Open |
| 12 Feb 2018 | Others | ₹1.5 Cr | Open |
| 24 Jan 2017 | Others | ₹57.6 Lakh | Open |
| 09 Jun 2014 | The Cosmos Co-Operative Bank Limited | ₹30 Lakh | Open |
Total charge records: 8 View all charges
Legal Cases of Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging Private Limited has 67 court cases on record: 11 filed by Polypet Flexible Packaging, 53 filed against it, 3 where it is another party. 30 cases are pending and 37 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 47 | 26 |
| High courts | 6 | 3 | 2 |
| NCLAT | 3 | 3 | 2 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against Kotak Mahindra Bank Limited | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Vyankatesh Udyog (India) Private Limited | Pending |
| District court, Nagpur, Maharashtra | Commercial suit | Filed against the company by Vandana Enterprises Private Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Civil suit | Filed against the company by Som Shiva (Impex) Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Meditrina Institute of Medical Sciences Private Limited | Pending |
Full case history
All 67 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging Private Limited has a workforce of 33 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Kalindi Jitendra Shastri ceased to be Additional Director on 31 Dec 2020.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polypet Flexible Packaging Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Polypet Flexible Packaging Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Polypet Flexible Packaging Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP5614K1Z9 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Polypet Flexible Packaging Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging is an active private limited company based in Nagpur, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 29 April 2005 (21+ years old) and is registered under CIN U25200MH2005PTC152894.
Polypet Flexible Packaging reported revenue of ₹25.19 Cr for FY 2025 (up 9% YoY).
Polypet Flexible Packaging has 2 current directors:
- Kalindi Jitendra Shastri - Director
- Nikhil Arun Amidwar - Director
Polypet Flexible Packaging reported a net loss of ₹7.23 Cr (net margin -28.7%) and EBITDA of -₹4.08 Cr (EBITDA margin -16.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polypet Flexible Packaging is -2% over three years and -2% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polypet Flexible Packaging is 27AADCP5614K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polypet Flexible Packaging is U25200MH2005PTC152894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polypet Flexible Packaging has 67 court cases on record: 11 filed by the company and 53 filed against it. 30 are pending. Most are in the district courts.
Polypet Flexible Packaging was incorporated on 29 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Polypet Flexible Packaging by revenue are Speclabel Manufacturing Private Limited, Sagar Polyfilm Private Limited, Yashoda Polyfilms Private Limited, Vinay Wire and Poly Products Private Limited, Monte Pack Private Limited and 5 more, all in the Packaging industry (Films and Foils, Flexible Packaging).
Kalindi Jitendra Shastri ceased to be Additional Director on 31 Dec 2020. Kalindi Jitendra Shastri was appointed as Director on 28 Jan 2020. Ritesh Arun Amidwar ceased to be Director on 28 Jan 2020. Polypet Flexible Packaging has 5 board changes on record in total.