About Polyworks Software India Private Limited
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Polyworks Software India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Nnovmetric Software Inc., Canada. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 11 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2008PTC132751. Its GSTIN is 27AAECP8468N1ZK (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Vinayak Prabhakar Lele and Pravin Ramchandra Waghmare.
Its last annual general meeting (AGM) was held on 09 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 510 4th Floor Teerth Technospace S No. 103 Off Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.85 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 11.1%) and EBITDA of ₹1.94 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyworksindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 510 4th Floor Teerth Technospace S No. 103 Off Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
The main business activity of Polyworks Software India is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | 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
Financials of Polyworks Software India Private Limited
FY 2025 filings availablePolyworks Software India Private Limited reported revenue of ₹19.85 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 19% growth in the latest year. EBITDA rose 1% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹1.94 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.2 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.8% | |
| Net Profit Margin | 11.1% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Polyworks Software India are in the company report.
: available in the company report
Board of Directors of Polyworks Software India Private Limited
Polyworks Software India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Prabhakar Lele Also directs: Prescient Technologies Private Limited | Director | 11 Sep 2008 | 18 Years 1 Months | Current |
| Pravin Ramchandra Waghmare Also directs: Prescient Technologies Private Limited | Director | 11 Sep 2008 | 18 Years 1 Months | Current |
| Marc Soucy | Director | 11 Sep 2008 | 18 Years 1 Months | Current |
| Abdul Aziz Saleem | Additional Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Auditor Details
Polyworks Software India Private Limited is audited by P. G. Bhagwat for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. G. Bhagwat | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Polyworks Software India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays
Polyworks Software India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments 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 |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Polyworks Software India Private Limited has a workforce of 22 employees as of Apr 05, 2024.
: available in the company report
Group Structure
Polyworks Software India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity
Polyworks Software India Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Abdul Aziz Saleem was appointed as Additional Director on 21 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Polyworks Software India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP8468N1ZK | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Polyworks Software India is an active private limited company based in Pune, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 11 September 2008 (18+ years old) and is registered under CIN U72200PN2008PTC132751.
Polyworks Software India has 4 current directors:
- Vinayak Prabhakar Lele - Director
- Pravin Ramchandra Waghmare - Director
- Marc Soucy - Director
- Abdul Aziz Saleem - Additional Director
The latest financial statements of Polyworks Software India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Polyworks Software India is 27AAECP8468N1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polyworks Software India is U72200PN2008PTC132751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyworks Software India was incorporated on 11 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Abdul Aziz Saleem was appointed as Additional Director on 21 Jul 2025. Marc Soucy was appointed as Director on 11 Sep 2008. Pravin Ramchandra Waghmare was appointed as Director on 11 Sep 2008. Polyworks Software India has 4 board changes on record in total.
Polyworks Software India has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 06 Jan 2024.
Polyworks Software India can be reached through the website polyworksindia.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Polyworks Software India is at C – 510 4th Floor Teerth Technospace S No. 103 Off Mumbai Bangalore Highway Baner, Pune, Maharashtra, India – 411045.
Polyworks Software India operates in the information technology industry, in the IT products retail and distribution segment.