About Prayag Polymers Limited
Data last updated:
Prayag Polymers Limited is a public limited company based in New, Delhi, India. It operates in the ceramics segment of the manufacturing sector. It was incorporated on 29 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PLC036420. Its GSTIN is 07AAACP3564D3ZM (Delhi). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹58.81 Cr. It was formerly known as Prayag Polymers Private Limited. It is led by directors including Nitin Aggarwal (Managing Director) and Shipra Aggarwal (Whole-Time Director).
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 2483 – 84 Prayag Infinity House Nalwa Street Paharganj, New, Delhi, India – 110055.
As per the financials filed for FY 2025, the company reported a revenue of ₹339.78 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹22.65 Cr (net margin 6.7%) and EBITDA of ₹58.59 Cr (EBITDA margin 17.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.
The company has about 540 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹277.1 Cr and satisfied charges of ₹218.22 Cr on record. Court records list 85 cases involving the company, including 43 filed by the company and 42 filed against it; 52 cases are pending. The company has 20 deals on record (16 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.95 Cr; the latest was in October 2025. Its 10 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Fittings, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Kajaria Vitrified Private Limited. The company has 29 MSME Form 1 returns on record between 2019 and 2024, listing 8,967 overdue payments to 164 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 prayagpolymers.com.
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- Social Media
- Registered Address2483 – 84 Prayag Infinity House Nalwa Street Paharganj, New, Delhi, India – 110055
- IndustryManufacturing, Ceramics, Fittings & Components, Sanitaryware & Tile
- 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 Prayag Polymers Limited
The main business activities of Prayag Polymers are manufacturing and trade. In detail, this covers metal and metal products, plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Prayag Polymers Limited FY 2025 filings available
Prayag Polymers Limited reported revenue of ₹339.78 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prayag Polymers Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 38% 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 Prayag Polymers 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 | ₹58.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.65 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 Prayag Polymers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Prayag Polymers 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 Prayag Polymers Limited
Prayag Polymers Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Fittings, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kajaria Vitrified Private Limited | •••• | •••• | •••• | •••• | 61 | Morbi, Gujarat, India |
| Mytex Polymers India Private Limited | •••• | •••• | •••• | •••• | - | Alwar, Rajasthan, India |
| PWDS Extrusions Private Limited | •••• | •••• | •••• | •••• | 959 | Coimbatore, Tamil Nadu, India |
| Madhucon Granites Limited | •••• | •••• | •••• | •••• | 19 | Telangana, India |
| Elastrex Polymers Private Limited | •••• | •••• | •••• | •••• | - | Bangalore - 562 123, Karnataka, India |
| Prayag Polymers Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| BLS Polymers Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Harishree Polymers Private Limited | •••• | •••• | •••• | •••• | - | Mangalore, Karnataka, India |
| Bai-Kakaji Polymers Limited | •••• | •••• | •••• | •••• | 65 | Latur, Maharashtra, India |
| Vijeta Polymers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Nitco Limited Listed | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prayag Polymers by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Fittings, Polymers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Prayag Polymers Limited
Prayag Polymers has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Aggarwal Also directs: Olive Exim Private Limited | Managing Director | 28 Sep 2017 | 9 Years 0 Months | Current |
| Ashok Kumar Thakur Also directs: H.G. Infra Engineering Limited (Part IX), Navkar Corporation Limited, Choice International Limited and 2 more | Director | 23 Dec 2025 | 0 Years 9 Months | Current |
| Shipra Aggarwal Also directs: Shourya Buildwell Private Limited., Olive Exim Private Limited | Whole-Time Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Deepak Aggarwal Also directs: Shourya Buildwell Private Limited. | Whole-Time Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Pooja Hemant Goyal Also directs: Navkar Corporation Limited | Director | 23 Dec 2025 | 0 Years 9 Months | Current |
| Anant Kumar Also directs: Sampann Utpadan India Limited | Director | 23 Dec 2025 | 0 Years 9 Months | Current |
Charges & Borrowings of Prayag Polymers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2026 | Yes Bank Limited | ₹84.09 Lakh | Open |
| 06 Aug 2026 | Yes Bank Limited | ₹1.05 Cr | Open |
| 03 Aug 2026 | Others | ₹4.9 Cr | Open |
| 31 Jul 2026 | Yes Bank Limited | ₹3.02 Cr | Open |
| 23 Jul 2026 | Axis Bank Limited | ₹5.9 Cr | Open |
Total charge records: 94 View all charges
Deals & Funding of Prayag Polymers Limited
Prayag Polymers Limited has 20 deals on record (16 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.95 Cr; the latest was in October 2025.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round | ₹1.48 Cr | Investors: 4 individuals |
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: Raj Profin Private Limited Seller: an individual |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 20 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 Prayag Polymers Limited
Prayag Polymers Limited has 85 court cases on record: 43 filed by Prayag Polymers, 42 filed against it. 52 cases are pending and 33 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 37 | 38 |
| District courts | 41 | 5 | 14 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against NKG Infrastructure Limited | Pending |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed by the company against Era Infra Engineering Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against NKG Infrastructure Limited | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Rose Advertising Private Limited | Disposed |
| District court, Shahdara, Delhi | Execution petition | Filed by the company against Ajnara Realtech Limited | Disposed |
Full case history
All 85 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 Prayag Polymers Limited
Prayag Polymers Limited has 29 MSME Form 1 returns on record between 2019 and 2024, listing 8,967 overdue payments to 164 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 164)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SPMG & Company | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Roadways India Ltd. | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 29 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.
Employees and EPFO Compliance at Prayag Polymers Limited
Employment history and EPFO contributions of people linked to Prayag Polymers.
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.
CIN History of Prayag Polymers Limited
Prayag Polymers has one previous CIN (Corporate Identification Number): U74899DL1989PTC036420. The current CIN is U74899DL1989PLC036420, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1989PLC036420 | Current |
| U74899DL1989PTC036420 | Previous |
Recent Activity on Prayag Polymers Limited
Prayag Polymers Limited has 10 board changes on record since 2007: 6 appointments and 4 cessations. The latest: Anant Kumar was appointed as Director on 23 Dec 2025.
176 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prayag Polymers 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 Prayag Polymers 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 Prayag Polymers Limited
Prayag Polymers has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP3564D3ZM | Delhi | Active | 07 Feb 2019 |
| 07AAACP3564D4ZL | Delhi | Active | 15 Dec 2023 |
| 08AAACP3564D1ZM | Rajasthan | Active | 01 Jul 2017 |
| 24AAACP3564D1ZS | Gujarat | Active | 05 Jul 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
- 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 Prayag Polymers 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 Prayag Polymers Limited
Prayag Polymers is an active public limited company based in New, Delhi, India. The company works in ceramics, within the manufacturing industry. It was incorporated on 29 May 1989 (37+ years old) and is registered under CIN U74899DL1989PLC036420.
Prayag Polymers reported revenue of ₹339.78 Cr for FY 2025 (down 1% YoY).
Prayag Polymers has 6 current directors:
- Nitin Aggarwal - Managing Director
- Shipra Aggarwal - Whole-Time Director
- Deepak Aggarwal - Whole-Time Director
- Ashok Kumar Thakur - Director
- Pooja Hemant Goyal - Director
- Anant Kumar - Director
Prayag Polymers reported a net profit of ₹22.65 Cr (net margin 6.7%) and EBITDA of ₹58.59 Cr (EBITDA margin 17.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prayag Polymers is 18% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prayag Polymers is 07AAACP3564D3ZM, registered in Delhi. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACP3564D4ZL (Delhi), 08AAACP3564D1ZM (Rajasthan), 24AAACP3564D1ZS (Gujarat).
The CIN (Corporate Identification Number) of Prayag Polymers is U74899DL1989PLC036420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayag Polymers has 85 court cases on record: 43 filed by the company and 42 filed against it. 52 are pending. Most are in the high courts.
Prayag Polymers was incorporated on 29 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Prayag Polymers has 20 deals on record (16 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹3.95 Cr; the latest was in October 2025.
The peers of Prayag Polymers by revenue are Kajaria Vitrified Private Limited, Mytex Polymers India Private Limited, PWDS Extrusions Private Limited, Madhucon Granites Limited, Elastrex Polymers Private Limited and 5 more, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles, Fittings, Polymers).
Anant Kumar was appointed as Director on 23 Dec 2025. Ashok Kumar Thakur was appointed as Director on 23 Dec 2025. Pooja Hemant Goyal was appointed as Director on 23 Dec 2025. Prayag Polymers has 10 board changes on record in total.