Polyspin Private Limited

Polyspin Private Limited - packaging in Rajapalayam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U25209TN1972PTC006102 Incorporated 13 January 1972 ROC Chennai HQ Rajapalayam, Tamil Nadu, India
Active Private Limited Company packaging MSME · Small
Revenue · FY 2025
₹11.16 Cr
▼ 5% YoY
Net profit · FY 2025
₹26.63 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹2.03 Cr
EBITDA margin 18.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.55 Cr
Issued & subscribed
Open charges
₹16.31 Cr
Satisfied ₹20.74 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
362
Provident fund records

About Polyspin Private Limited

Data last updated:

Polyspin Private Limited is a private limited company based in Rajapalayam, Tamil Nadu, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 13 January 1972 and has been in existence for over 54 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN1972PTC006102. Its GSTIN is 33AAACP8909Q1ZV (Tamil Nadu).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.55 Cr. It was formerly known as Polyspin Limited. It is led by directors including Durga Ramji (Whole-Time Director) and Rammohanraja Ramji.

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 414/1 Rai Lwayfeeder Rdcholapuram South Rajapalayam – 626 139., Tamil Nadu, India – 626139.

As per the financials filed for FY 2025, the company reported a revenue of ₹11.16 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹26.63 Lakh (net margin 2.4%) and EBITDA of ₹2.03 Cr (EBITDA margin 18.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 26% over five years.

The company has about 362 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.31 Cr and satisfied charges of ₹20.74 Cr on record. Court records list 26 cases involving the company, including 14 filed by the company and 12 filed against it; 1 case is pending.

Polyspin Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-32-0000485). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyspin.in.

Company details

CIN U25209TN1972PTC006102
Registration Number 006102
Incorporation Date 13 January 1972
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-32-0000485

CIN history

Polyspin has one previous CIN (Corporate Identification Number): U25209TN1972PLC006102. The current CIN is U25209TN1972PTC006102, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25209TN1972PTC006102Current
U25209TN1972PLC006102Previous
Key People
Durga Ramji Whole-Time Director Rammohanraja Ramji Director Rammohanraja Vijayalakshmi Director

Recognitions & Rankings of Polyspin

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-32-0000485

Contact details

Polyspin Private Limited's registered office is in Rajapalayam, Tamil Nadu. Its website is polyspin.in. Its e-mail address is in the company report.

  • Email
  • Website
    polyspin.in
  • Registered Address
    414/1 Rai Lwayfeeder Rdcholapuram South Rajapalayam – 626 139., Tamil Nadu, India – 626139
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Polyspin Private Limited, buy the company report.

Comprehensive company report
Polyspin 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 Polyspin is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Polyspin Private Limited, buy the company report.

Financials of Polyspin Private Limited

FY 2025 filings available

Polyspin Private Limited reported revenue of ₹11.16 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹11.16 Cr ▼ 5%
Net profit · FY 2025
₹26.63 Lakh margin 2.4%
EBITDA · FY 2025
₹2.03 Cr margin 18.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 11%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▼ 21%
5 years · compounded
▲ 17%

Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 5% fall in the latest year. EBITDA rose 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.63 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin18.2%
Net Profit Margin2.4%
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

To see the full financial statements and ratios of Polyspin Private Limited, buy the company report.

Board of directors of Polyspin Private Limited

Polyspin has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Durga Ramji
Also directs: Energyspin Private Limited, Ramji Investments Private Limited, Polyspin Exports Limited
Whole-Time Director05 Dec 199728 Years 11 MonthsCurrent
Rammohanraja Ramji
Also directs: Energyspin Private Limited, Ramji Investments Private Limited
Director18 Jul 200125 Years 3 MonthsCurrent
Rammohanraja Vijayalakshmi
Also directs: Ramji Investments Private Limited
Director31 Jan 201313 Years 9 MonthsCurrent
View all directors

Peer comparison

Polyspin Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
S. Trident Packaging and Components Private Limited₹11.2 Cr (FY 2025)111.0%Ghaziabad, Uttar Pradesh, India
Paragon Graphic Solutions Private Limited₹11.19 Cr (FY 2025)-84.0%Secunderabad, Telangana, India
Narayani Packaging Private Limited₹11.19 Cr (FY 2024)-27.0%Patna, Bihar, India
Padam Print Pack Industries Private Limited₹11.17 Cr (FY 2024)7.0%Solan, Himachal Pradesh, India
Crecimiento Modular Components India Private Limited₹11.16 Cr (FY 2024)298.0%Pune, Maharashtra, India
Polyspin Private Limitedthis company₹11.16 Cr (FY 2025)₹26.63 Lakh2.4%-5.0%362Rajapalayam, Tamil Nadu, India
Signature Interiors Private Limited₹11.15 Cr (FY 2025)18.0%Secunderabad, Telangana, India
Sky Global Private Limited₹11.15 Cr (FY 2025)-19.0%Delhi, India
Zircon Paperware Private Limited₹11.13 Cr (FY 2024)-28.0%Dewas, Madhya Pradesh, India
Excella Pencils Private Limited₹11.11 Cr (FY 2025)-10.0%Sangli, Maharashtra, India
Shree Anandeswar Paper Mills Private Limited₹11.11 Cr (FY 2022)91.0%Erode, Tamil Nadu, India

To see the full peer comparison of Polyspin Private Limited, buy the company report.

Auditor

Polyspin Private Limited is audited by V. SRIKRISHNAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V. SRIKRISHNANFY 2023206115

Shareholding

The shareholding of Polyspin 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Polyspin Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.31 Cr
Satisfied charges
₹20.74 Cr
Breakdown by lending institutions
City Union Bank Limited₹11.09 Cr
The South Indian Bank Limited₹5.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2025101186271City Union Bank Limited₹6 CrOpen
22 Jan 2021100415333City Union Bank Limited₹3 CrOpen
22 Nov 2018100223565The South Indian Bank Limited₹5.22 CrOpen
25 Jul 199790287472City Union Bank Limited₹2.09 CrOpen
09 May 2018100183895City Union Bank Limited₹2 CrSatisfied

To see the full charge records of Polyspin Private Limited, buy the company report.

Total charge records: 17 View all charges

MSME payment delays

Polyspin Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 64 overdue payments to 9 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 9)

SupplierAmount dueDue sinceReported on
an individual supplier
Spico Printing Inks Private Limited
an individual supplier
Venlub Petro Products Private Limited
an individual supplier

To see the full MSME payment records of Polyspin Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Polyspin has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Polyspin Private Limited has a workforce of 362 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
362
Active EPFO establishments
1
Employee growth
-2.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27362
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 Polyspin Private Limited, buy the company report.

GST

Polyspin has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACP8909Q1ZVTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Polyspin Private Limited, buy the company report.

Recent activity

Polyspin Private Limited has 11 board changes on record since 1972: 7 appointments and 4 cessations. The latest: Shwetha Ramji ceased to be Director on 21 Dec 2020.

AGM
Polyspin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with City Union Bank Limited amounted to Rs. 6.00 Cr with Charge ID 101186271 was registered on 30 Sep 2025.
Filing
Polyspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with City Union Bank Limited of Rs. 2.09 Cr registered on 25 Jul 1997 with Charge ID 90287472 was modified on 08 Nov 2024.
Charges
A charge with The South Indian Bank Limited of Rs. 5.22 Cr registered on 22 Nov 2018 with Charge ID 100223565 was modified on 03 Feb 2022.
Charges
A charge with City Union Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100415333 was registered on 22 Jan 2021.
Ceased
Shwetha Ramji ceased to be Director.
Charges
A charge registered on 09 Mar 2017 via Charge ID 100095830 with Others was fully satisfied on 21 Nov 2020.
Charges
A charge registered on 09 May 2018 via Charge ID 100183895 with City Union Bank Limited was fully satisfied on 12 Nov 2020.
Charges
A charge registered on 08 May 2018 via Charge ID 100183894 with City Union Bank Limited was fully satisfied on 12 Nov 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 5.22 Cr with Charge ID 100223565 was registered on 22 Nov 2018.
Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100183895 was registered on 09 May 2018.

38 earlier events are in the company report.

Frequently asked questions

Polyspin is an active private limited company based in Rajapalayam, Tamil Nadu, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 13 January 1972 (54+ years old) and is registered under CIN U25209TN1972PTC006102.

Polyspin has 3 current directors:

The latest financial statements of Polyspin on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Polyspin is 33AAACP8909Q1ZV, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Polyspin is U25209TN1972PTC006102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polyspin has 26 court cases on record: 14 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.

Polyspin was incorporated on 13 January 1972, making it 54+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Polyspin by revenue are S. Trident Packaging and Components Private Limited, Paragon Graphic Solutions Private Limited, Narayani Packaging Private Limited, Padam Print Pack Industries Private Limited, Crecimiento Modular Components India Private Limited and 5 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).

Shwetha Ramji ceased to be Director on 21 Dec 2020. Shwetha Ramji was appointed as Director on 01 Jan 2017. Arjuna Raja Rammohan Raja ceased to be Director on 31 Jan 2013. Polyspin has 11 board changes on record in total.

Yes, Polyspin is registered as a small enterprise under Udyam registration (number: UDYAM-TN-32-0000485).

Polyspin has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 64 overdue payments to 9 micro and small suppliers. The latest return was filed on 25 Jul 2019.

Polyspin can be reached through the website polyspin.in. Its registered office is in Rajapalayam, Tamil Nadu, India.