About Polysil Irrigation Systems Limited
Data last updated:
Polysil Irrigation Systems Limited is a public limited company based in Savli, Gujarat, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 09 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17100GJ1985PLC127398. Its GSTIN is 24AABCS6756K1Z1 (Gujarat). The company holds 11 GST registrations, of which 7 are active. It is a listed company.
The company has an authorised share capital of ₹58 Cr and a paid-up capital of ₹26.51 Cr. It was formerly known as Silvassa Pipes Private Limited and Silvasaa Poly-Tex Industries (India) Private Limited. It is led by directors including Bharatkumar Tulshibhai Patel (Managing Director) and Prafulbhai Damjibhai Radadia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No – 340/1 Beside Hystuff Steel At Post Raniya Taluka Savli District, Vadodara, Gujarat, India – 391780.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹45.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.81 Cr (net margin 6.2%) and EBITDA of ₹4.98 Cr (EBITDA margin 10.9%). The net worth stands at ₹57.78 Cr (up 148.1% YoY). Total assets are valued at ₹95.6 Cr (up 126% YoY).
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polysil Irrigation Systems. As per MCA filings, the company has open charges of ₹43.92 Cr and satisfied charges of ₹79.82 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 5 cases are pending. The company has 33 deals on record (30 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50.1 Lakh; the latest was in February 2024. Its 10 peer companies in the Agriculture industry (Farm Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Chaurasia Vinayak Industries Private Limited with revenue of ₹14.51 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 798 overdue payments to 84 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polysilirrigation.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressSurvey No – 340/1 Beside Hystuff Steel At Post Raniya Taluka Savli District, Vadodara, Gujarat, India – 391780
- IndustryAgriculture, Agri Machinery & Equipment
- 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
Financials of Polysil Irrigation Systems Limited FY 2025-26 filings available
Polysil Irrigation Systems Limited reported revenue of ₹45.58 Cr (up 228.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 | 45.58 | 13.89 | 44.46 | 43.88 | 39.39 | 55.58 | 41.04 |
| Revenue growth | +228.2% | -68.8% | +1.3% | +11.4% | -29.1% | +35.4% | - |
| EBITDA | 4.98 | 0.95 | 5.56 | 4.36 | 2.85 | 3.06 | 2.79 |
| EBITDA margin | +10.9% | +6.8% | +12.5% | +9.9% | +7.2% | +5.5% | +6.8% |
| Profit before tax | 3.44 | (1.35) | 3.02 | 2.39 | 0.68 | 1.04 | 0.82 |
| Net profit | 2.81 | (1.86) | 2.07 | 0.97 | 0.34 | 0.65 | 0.50 |
| Net profit margin | +6.2% | -13.4% | +4.7% | +2.2% | +0.9% | +1.2% | +1.2% |
| EPS (₹) | 1.36 | (1.63) | 1.83 | 0.88 | 74.18 | 142.44 | 111.73 |
| Balance sheet | |||||||
| Total assets | 95.60 | 42.31 | 44.40 | 33.64 | 31.84 | 26.95 | 25.51 |
| Net worth | 57.78 | 23.29 | 24.97 | 15.36 | 13.73 | 13.39 | 12.68 |
| Total debt | 35.29 | 16.51 | 16.70 | 15.47 | 14.95 | 11.05 | 12.36 |
| Cash & bank | 1.00 | 0.16 | 1.42 | 0.89 | 0.93 | 1.07 | 0.50 |
| Net working capital | 58.49 | 29.65 | 36.04 | 24.69 | 23.10 | 19.21 | 17.82 |
| Cash flow | |||||||
| Cash from operations | (47.58) | 2.68 | (6.25) | 2.00 | (0.41) | (0.42) | 0.99 |
| Cash from investing | 0.22 | 0.03 | (0.65) | (1.61) | (2.28) | (0.92) | (0.37) |
| Cash from financing | 48.20 | (2.55) | 6.85 | (0.47) | 2.41 | 1.49 | (0.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | 5.09 | 15.22 | 14.99 | 0.26 | 25.40 |
| Revenue growth (YoY) | +1857.7% | -40.1% | - | - | - |
| Other income | 0.02 | 0.92 | 0.00 | 0.00 | 0.25 |
| Total expenses | 3.54 | 12.07 | 15.82 | 1.01 | 17.63 |
| EBITDA | 1.55 | 3.15 | (0.83) | (0.75) | 7.77 |
| EBITDA margin | +30.5% | +20.7% | -5.5% | -288.5% | +30.6% |
| Depreciation | 0.18 | 0.18 | 0.16 | 0.20 | 0.18 |
| Interest | 0.79 | 0.86 | 0.62 | 0.29 | 0.21 |
| Profit before tax | 0.60 | 3.03 | (1.61) | (1.24) | 7.63 |
| Tax | 0.40 | 0.09 | (0.04) | 0.03 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue | 5.09 | 15.22 | 14.99 | 0.26 | 25.40 |
| Revenue growth (YoY) | +1857.7% | -40.1% | - | - | - |
| Other income | 0.02 | 0.92 | 0.00 | 0.00 | 0.25 |
| Total expenses | 3.54 | 12.07 | 15.82 | 1.01 | 17.63 |
| EBITDA | 1.55 | 3.15 | (0.83) | (0.75) | 7.77 |
| EBITDA margin | +30.5% | +20.7% | -5.5% | -288.5% | +30.6% |
| Depreciation | 0.18 | 0.18 | 0.16 | 0.20 | 0.18 |
| Interest | 0.79 | 0.86 | 0.62 | 0.29 | 0.21 |
| Profit before tax | 0.60 | 3.03 | (1.61) | (1.24) | 7.63 |
| Tax | 0.40 | 0.09 | (0.04) | 0.03 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 45.58 | 13.89 | 44.46 | 43.88 | 39.39 | 55.58 | 41.04 |
| Revenue growth | +228.2% | -68.8% | +1.3% | +11.4% | -29.1% | +35.4% | - |
| Other income | 1.46 | 0.25 | 0.10 | 0.05 | 0.05 | 0.13 | 0.06 |
| Total expenses | 40.60 | 12.94 | 38.90 | 39.52 | 36.54 | 52.52 | 38.25 |
| Employee cost | 0.00 | 2.20 | 4.03 | 5.57 | 8.30 | 7.50 | 6.49 |
| EBITDA | 4.98 | 0.95 | 5.56 | 4.36 | 2.85 | 3.06 | 2.79 |
| EBITDA margin | +10.9% | +6.8% | +12.5% | +9.9% | +7.2% | +5.5% | +6.8% |
| Depreciation | 0.73 | 0.71 | 0.72 | 0.53 | 0.73 | 1.01 | 1.20 |
| Interest | 2.27 | 1.84 | 1.92 | 1.49 | 1.49 | 1.14 | 0.83 |
| Profit before tax | 3.44 | (1.35) | 3.02 | 2.39 | 0.68 | 1.04 | 0.82 |
| Tax | 0.63 | 0.51 | 0.95 | 1.52 | 0.34 | 0.39 | 0.32 |
| Net profit | 2.81 | (1.86) | 2.07 | 0.97 | 0.34 | 0.65 | 0.50 |
| Net profit margin | +6.2% | -13.4% | +4.7% | +2.2% | +0.9% | +1.2% | +1.2% |
| EPS (₹) | 1.36 | (1.63) | 1.83 | 0.88 | 74.18 | 142.44 | 111.73 |
| 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 | 22.51 | 11.34 | 11.34 | 9.90 | 0.46 | 0.46 | 0.45 |
| Reserves & surplus | 19.83 | 11.95 | 13.63 | 5.46 | 13.27 | 12.93 | 12.23 |
| Shareholders' funds (net worth) | 57.78 | 23.29 | 24.97 | 15.36 | 13.73 | 13.39 | 12.68 |
| Secured loans | 34.28 | 12.70 | 13.73 | 13.76 | 14.78 | 11.05 | 8.58 |
| Unsecured loans | 1.01 | 3.81 | 2.97 | 1.71 | 0.17 | 0.00 | 3.78 |
| Total debt | 35.29 | 16.51 | 16.70 | 15.47 | 14.95 | 11.05 | 12.36 |
| Total liabilities | 95.60 | 42.31 | 44.40 | 33.64 | 31.84 | 26.95 | 25.51 |
| Assets | |||||||
| Gross block | 21.33 | 20.10 | 20.09 | 20.02 | 18.40 | 16.22 | 15.61 |
| Net block | 8.49 | 7.99 | 8.70 | 9.35 | 8.26 | 6.81 | 7.21 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 37.45 | 30.47 | 16.11 | 13.94 | 12.11 | 11.70 | 12.12 |
| Sundry debtors | 52.31 | 41.56 | 47.51 | 28.11 | 21.70 | 18.13 | 12.32 |
| Cash & bank balances | 1.00 | 0.16 | 1.42 | 0.89 | 0.93 | 1.07 | 0.50 |
| Loans & advances | 3.45 | 3.07 | 4.19 | 2.65 | 2.78 | 3.31 | 6.08 |
| Total current assets | 94.21 | 75.26 | 69.23 | 45.59 | 37.52 | 34.21 | 31.02 |
| Total current liabilities | 35.72 | 45.61 | 33.19 | 20.90 | 14.42 | 15.00 | 13.20 |
| Net working capital | 58.49 | 29.65 | 36.04 | 24.69 | 23.10 | 19.21 | 17.82 |
| Total assets | 95.60 | 42.31 | 44.40 | 33.64 | 31.84 | 26.95 | 25.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.16 | 0.01 | 0.07 | 0.15 | 0.43 | 0.28 | 0.14 |
| Net cash from operating activities | (47.58) | 2.68 | (6.25) | 2.00 | (0.41) | (0.42) | 0.99 |
| Net cash from investing activities | 0.22 | 0.03 | (0.65) | (1.61) | (2.28) | (0.92) | (0.37) |
| Net cash from financing activities | 48.20 | (2.55) | 6.85 | (0.47) | 2.41 | 1.49 | (0.47) |
| Net change in cash | 0.83 | 0.16 | (0.06) | (0.08) | (0.28) | 0.15 | 0.15 |
| Closing cash | 1.00 | 0.16 | 1.42 | 0.89 | 0.93 | 1.07 | 0.50 |
| 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 | +228.2% | -68.8% | +1.3% | +11.4% | -29.1% | +35.4% | - |
| EBITDA growth | +424.2% | -82.9% | +27.5% | +53.0% | -6.9% | +9.7% | - |
| PBT growth | +9998.0% | - | +26.4% | +251.5% | -34.6% | +26.8% | +9997.0% |
| Net income growth | +251.1% | -189.9% | +113.4% | +185.3% | -47.7% | +30.0% | - |
| Revenue CAGR (3Y) | +1.3% | -29.4% | -7.2% | +2.3% | - | - | - |
| EBITDA CAGR (3Y) | +4.5% | -30.7% | +22.0% | +16.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.2% | -13.4% | +4.7% | +2.0% | +0.9% | +1.2% | +1.2% |
| Return on capital employed | - | +1.2% | +12.7% | +12.7% | +7.4% | +8.3% | +6.4% |
| Return on net worth | - | -7.8% | +10.3% | +6.7% | +2.5% | +5.0% | +3.9% |
| Debt / equity | - | 0.70 | 0.80 | 1.05 | 0.96 | 0.90 | 0.97 |
| Long-term debt / equity | - | 0.04 | 0.07 | 0.13 | 0.13 | 0.05 | 0.00 |
| Interest cover | 53.41 | 766.67 | 39.67 | 38.90 | 70.28 | 55.61 | 52.20 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.69 | 2.22 | 2.28 | 2.28 | 3.49 | 2.63 |
| Inventory turnover | - | 0.60 | 2.96 | 3.37 | 3.31 | 4.67 | 3.39 |
| Debtors turnover | - | 0.31 | 1.18 | 1.76 | 1.98 | 3.65 | 3.33 |
| EPS (₹) | 1.36 | (1.63) | 1.83 | 0.88 | 74.18 | 142.44 | 111.73 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 20.03 | 22.01 | 15.52 | 3,015.52 | 2,941.36 | 2,818.38 |
Peer Comparison of Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited is compared with the companies closest to it by revenue in the Agriculture industry (Farm Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polysil Irrigation Systems Limited this company | ₹45.58 Cr (FY 2026) | •••• | •••• | 228.1% | •••• | Savli, Gujarat, India |
| Chaurasia Vinayak Industries Private Limited | ₹14.51 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chhatarpur, Madhya Pradesh, India |
| Vardaan Agri Solutions Private Limited | ₹14.42 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Indore, Madhya Pradesh, India |
| Farm Implements (India) Private Limited | ₹14.36 Cr (FY 2022) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| VVC Farm Equipments Private Limited | ₹14.32 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Hyderabad, Telangana, India |
| Balaji Agro Systems Private Limited | ₹14.28 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Kapil Enterprises Private Limited | ₹14.1 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | New Delhi, Delhi, India |
| Yashovruksha Agro & Allied Products Private Limited | ₹14.1 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Sangli, Maharashtra, India |
| Rajasthan Mechanical Works Limited | ₹14.07 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
| Spare Logic LLP | ₹13.98 Cr (FY 2023) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Drip World Agro Industries Private Limited | ₹13.93 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Belgaum, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Polysil Irrigation Systems by revenue in the Agriculture industry (Farm Equipment), 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 Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited is audited by Ratan Chandak & Co LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ratan Chandak & Co LLP | 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 Polysil Irrigation Systems Limited
Polysil Irrigation Systems has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatkumar Tulshibhai Patel | Managing Director | 28 Sep 2018 | 8 Years 0 Months | Current |
| Pankajbhai Bhimjibhai Kapadiya | Director | 26 Mar 2025 | 1 Years 6 Months | Current |
| Parshottam Popat Bhai Donga | Director | 26 Mar 2025 | 1 Years 6 Months | Current |
| Prafulbhai Damjibhai Radadia | Whole-Time Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Kavita Khatri Also directs: Shree Marutinandan Tubes Limited, Gre Renew Enertech Limited, Shree Marutinandan Tubes Limited and 1 more | Director | 06 Jan 2026 | 0 Years 9 Months | Current |
| Mitulkumar Kiritbhai Suthar | Director | 06 Jan 2026 | 0 Years 9 Months | Current |
Shareholding Pattern of Polysil Irrigation Systems Limited
Shareholding for the quarter ended Sep 2026: promoters hold 23.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.70% and retail and other public shareholders hold 74.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 23.80% | 28.00% | 28.00% | 28.00% |
| Public | 76.20% | 72.00% | 72.00% | 72.00% |
Charges & Borrowings of Polysil Irrigation Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2026 | Others | ₹2 Cr | Open |
| 29 Nov 2023 | Others | ₹20.9 Cr | Open |
| 14 Sep 2023 | Others | ₹20.9 Cr | Open |
| 09 Mar 2023 | Others | ₹12 Lakh | Open |
| 06 Oct 2021 | Hdfc Bank Limited | ₹19.17 Cr | Satisfied |
Total charge records: 13 View all charges
Deals & Funding of Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited has 33 deals on record (30 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50.1 Lakh; the latest was in February 2024.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | IPO | ₹17.43 Cr | Investors: IPO Shareholders - Polysil Irrigation Systems Limited, Market-Hub Stock Broking Private Limited , Apple Lifestyle Industries Limited Seller: 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2022 | Funding round | ₹50.1 Lakh | Investors: 2 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 33 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited has 14 court cases on record: 5 filed by Polysil Irrigation Systems, 9 filed against it. 5 cases are pending and 9 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 7 | 5 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (EXE S) | Filed against the company by Zenith Metaplast Private Limited | Pending |
| District court, Udham Singh Nagar, Uttarakhand | Criminal case | Filed against the company by Flexituff Ventures International Limited | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Acutech Manufacturing Company Private Limited | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 14 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.
MSME Payment Delays by Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 798 overdue payments to 84 micro and small suppliers. 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 (5 of 84)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pramukh Packwell Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Nilkanth Plastic Industries | •••• | •••• | •••• |
| Pan Products | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Polysil Irrigation Systems Limited
Polysil Irrigation Systems operates one associated brand: Polysil Irrigation Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of micro irrigation systems products including drip irrigation, mini sprinkler irrigation, and overhead sprinkler irrigation | polysilirrigation.com |
Employees and EPFO Compliance at Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited has a workforce of 24 employees as of Dec 11, 2025.
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.
Name History of Polysil Irrigation Systems Limited
Polysil Irrigation Systems has undergone 3 name changes throughout its history. The company was previously known as Silvassa Pipes Private Limited, Silvasaa Poly-Tex Industries (India) Private Limited, and Silvassa Poly-Tex Industries (India) Private Limited. The current legal name is Polysil Irrigation Systems Limited.
| Company Name | Status |
|---|---|
| Polysil Irrigation Systems Limited | Current |
| Silvassa Pipes Private Limited | Previous |
| Silvasaa Poly-Tex Industries (India) Private Limited | Previous |
| Silvassa Poly-Tex Industries (India) Private Limited | Previous |
CIN History of Polysil Irrigation Systems Limited
Polysil Irrigation Systems has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17100GJ1985PLC127398, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17100GJ1985PLC127398 | Current |
| U17100MH1985PTC037700 | Previous |
| U17100GJ1985PTC127398 | Previous |
| U17100GJ1985PLC127398 | Previous |
Recent Activity on Polysil Irrigation Systems Limited
Polysil Irrigation Systems Limited has 11 board changes on record since 2018: 8 appointments and 3 cessations. The latest: Kavita Khatri was appointed as Director on 06 Jan 2026.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polysil Irrigation Systems 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.
Subsidiaries & Group Companies of Polysil Irrigation Systems 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 Polysil Irrigation Systems Limited
Polysil Irrigation Systems has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCS6756K1Z1 | Gujarat | Active | 01 Jul 2017 |
| 24AABCS6756K2Z0 | Gujarat | Active | 02 Jun 2025 |
| 27AABCS6756K2ZU | Maharashtra | Active | 07 Oct 2018 |
| 23AABCS6756K1Z3 | Madhya Pradesh | Active | 10 Apr 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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MCA Filings & Documents of Polysil Irrigation Systems Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Frequently Asked Questions about Polysil Irrigation Systems Limited
Polysil Irrigation Systems is an active public limited company based in Savli, Gujarat, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 09 October 1985 (41+ years old) and is registered under CIN L17100GJ1985PLC127398.
Polysil Irrigation Systems reported revenue of ₹45.58 Cr for FY 2025-26 (up 228.1% YoY) based on standalone financials.
Polysil Irrigation Systems has 6 current directors:
- Bharatkumar Tulshibhai Patel - Managing Director
- Prafulbhai Damjibhai Radadia - Whole-Time Director
- Pankajbhai Bhimjibhai Kapadiya - Director
- Parshottam Popat Bhai Donga - Director
- Kavita Khatri - Director
- Mitulkumar Kiritbhai Suthar - Director
The GSTIN of Polysil Irrigation Systems is 24AABCS6756K1Z1, registered in Gujarat. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 24AABCS6756K2Z0 (Gujarat), 27AABCS6756K2ZU (Maharashtra), 23AABCS6756K1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Polysil Irrigation Systems is L17100GJ1985PLC127398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Polysil Irrigation Systems is a listed company.
Polysil Irrigation Systems has 14 court cases on record: 5 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Polysil Irrigation Systems was incorporated on 09 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Polysil Irrigation Systems has 33 deals on record (30 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50.1 Lakh; the latest was in February 2024.
The peers of Polysil Irrigation Systems by revenue are Chaurasia Vinayak Industries Private Limited, Vardaan Agri Solutions Private Limited, Farm Implements (India) Private Limited, VVC Farm Equipments Private Limited, Balaji Agro Systems Private Limited and 5 more, all in the Agriculture industry (Farm Equipment).
Kavita Khatri was appointed as Director on 06 Jan 2026. Mitulkumar Kiritbhai Suthar was appointed as Director on 06 Jan 2026. Pankajbhai Bhimjibhai Kapadiya was appointed as Director on 26 Mar 2025. Polysil Irrigation Systems has 11 board changes on record in total.
Polysil Irrigation Systems has 13 MSME Form 1 returns on record between 2019 and 2024, listing 798 overdue payments to 84 micro and small suppliers. The latest return was filed on 08 May 2024.