Prashanth Polymers Private Limited
About Prashanth Polymers Private Limited
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Prashanth Polymers Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 17 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24134KA1993PTC014442. Its GSTIN is 29AADCP1052B1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹95,000. It is led by directors Vishwanath Goudar and Kanchan Goudar Vishwanth.
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 17/87 Nehrunagar Gokul Road Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.01 Lakh, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹6.8 Lakh (net margin 15.8%) and EBITDA of ₹12.36 Lakh (EBITDA margin 28.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prashanth Polymers Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17/87 Nehrunagar Gokul Road Hubli, Karnataka, India – 580030
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Prashanth Polymers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Prashanth Polymers is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Prashanth Polymers Private Limited, buy the company report.
Financials of Prashanth Polymers Private Limited
FY 2025 filings availablePrashanth Polymers Private Limited reported revenue of ₹43.01 Lakh (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 71% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 519% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.36 Lakh | ||||
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| Net Profit (PAT) | ₹6.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 28.7% | ||||
| Net Profit Margin | 15.8% | ||||
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To see the full financial statements and ratios of Prashanth Polymers Private Limited, buy the company report.
Board of directors of Prashanth Polymers Private Limited
Prashanth Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Goudar Also directs: Pratam Properties Private Limited | Director | 01 Apr 2012 | 14 Years 6 Months | Current |
| Kanchan Goudar Vishwanth Also directs: Pratam Properties Private Limited | Director | 28 Jul 1999 | 27 Years 3 Months | Current |
Auditor
Prashanth Polymers Private Limited is audited by UMASHANKAR AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UMASHANKAR AND CO | FY 2022 | 004456S |
Shareholding
The shareholding of Prashanth Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prashanth Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2011 | 10272453 | Bank of India | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prashanth Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prashanth Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prashanth Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP1052B1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prashanth Polymers Private Limited, buy the company report.
Recent activity
Prashanth Polymers Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Sameer Shashikant Bagewadi ceased to be Director on 04 Jul 2012.
Frequently asked questions
Prashanth Polymers is an active private limited company based in Hubli, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 17 June 1993 (33+ years old) and is registered under CIN U24134KA1993PTC014442.
Prashanth Polymers has 2 current directors:
- Vishwanath Goudar - Director
- Kanchan Goudar Vishwanth - Director
The latest financial statements of Prashanth Polymers 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 Prashanth Polymers is 29AADCP1052B1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Prashanth Polymers is U24134KA1993PTC014442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prashanth Polymers was incorporated on 17 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Sameer Shashikant Bagewadi ceased to be Director on 04 Jul 2012. Vishwanath Goudar was appointed as Director on 01 Apr 2012. Kanchan Goudar Vishwanth was appointed as Director on 28 Jul 1999.
The registered office of Prashanth Polymers is at 1787 Nehrunagar Gokul Road Hubli, Karnataka, India – 580030.
Prashanth Polymers operates in the automotive industry, in the auto dealership and trading segment.
Prashanth Polymers has open charges of ₹25 Lakh and no satisfied charges on record as per latest MCA filings.