MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0093328
Proton Polymers Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.53 Cr
▼ 2% YoY
Net profit · FY 2024
₹34.72 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹99.95 Lakh
EBITDA margin 6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹24.95 Lakh
Issued & subscribed
Open charges
₹4.56 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Employees · EPFO
17
Provident fund records
About Proton Polymers Private Limited
Data last updated:
Proton Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 18 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH1991PTC061269. Its GSTIN is 27AAACM2860K1ZD (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24.95 Lakh. It was formerly known as Mashank Chemicals Private Limited. It is led by directors including Malav Kantilal Desai and Meenakshi Malav Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 33 Hemratanold Nagardas Road Andheri (E), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.53 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹34.72 Lakh (net margin 2.1%) and EBITDA of ₹99.95 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Proton Polymers. As per MCA filings, the company has open charges of ₹4.56 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 4 cases are pending.
Proton Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0093328). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website protonpolymers.com.
Company details
CIN U24100MH1991PTC061269
Registration Number 061269
Incorporation Date 18 April 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0093328
Recognitions & Rankings of Proton Polymers
Contact details
Proton Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is protonpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 33 Hemratanold Nagardas Road Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Proton Polymers Private Limited, buy the company report.
Comprehensive company report
Proton Polymers 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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Secure checkout · GST invoice included
Brands
Proton Polymers operates one associated brand: Proton Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as Proton Polymers Private Limited, specializing in polymer manufacturing. | protonpolymers.com |
Business activity
The main business activity of Proton Polymers is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Proton Polymers Private Limited, buy the company report.
Financials of Proton Polymers Private Limited
FY 2024 filings availableProton Polymers Private Limited reported revenue of ₹16.53 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹16.53 Cr ▼ 2%
Net profit · FY 2024
₹34.72 Lakh margin 2.1%
EBITDA · FY 2024
₹99.95 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 19%
5 years · compounded
▼ 5%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹99.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.72 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Proton Polymers Private Limited, buy the company report.
Board of directors of Proton Polymers Private Limited
Proton Polymers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malav Kantilal Desai | Director | 18 Apr 1991 | 35 Years 6 Months | Current |
| Meenakshi Malav Desai | Director | 12 Sep 2007 | 19 Years 1 Months | Current |
| Mansi Malav Desai Also directs: Spinmaart Private Limited | Director | 02 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Proton Polymers Private Limited is audited by BHARAT DESAI AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT DESAI AND COMPANY | FY 2023 | 120179W |
Shareholding
The shareholding of Proton Polymers 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Proton Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.56 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2007 | 10044282 | Bank of India | ₹99.68 Lakh | Open | |
| 05 Mar 2007 | 10044293 | Bank of India | ₹1.54 Cr | Open | |
| 12 Nov 1997 | 90153434 | Bank of India | ₹2 Cr | Open | |
| 22 Sep 1994 | 90153057 | Bank of India | ₹2 Lakh | Open |
To see the full charge records of Proton Polymers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Proton Polymers Private Limited has 8 court cases on record: 8 filed by Proton Polymers. 4 cases are pending and 4 are disposed.
Total cases
8
Filed by the company
8
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ketankumar Kantilal Yogi THR. Prop. Rakesh Enterprises | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Proton Polymers Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Proton Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Proton Polymers Private Limited has a workforce of 17 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
13.33%
GST
Proton Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2860K1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Proton Polymers Private Limited, buy the company report.
Recent activity
Proton Polymers Private Limited has 4 board changes on record since 1991: 3 appointments and 1 cessation. The latest: Mansi Malav Desai was appointed as Director on 02 Jan 2014.
AGM
Proton Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Proton Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Bank Of India of Rs. 200.00 Lakh registered on 12 Nov 1997 with Charge ID 90153434 was modified on 23 Feb 2018.
Appointed
Mansi Malav Desai was appointed as Director.
Charges
A charge with Bank Of India of Rs. 154.12 Lakh registered on 05 Mar 2007 with Charge ID 10044293 was modified on 03 Mar 2011.
Charges
A charge with Bank Of India of Rs. 99.68 Lakh registered on 05 Mar 2007 with Charge ID 10044282 was modified on 20 Jan 2010.
Ceased
Leena Dhaval Desai ceased to be Director.
Appointed
Meenakshi Malav Desai was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 99.68 Lakh with Charge ID 10044282 was registered on 05 Mar 2007.
Charges
A charge with Bank Of India amounted to Rs. 154.12 Lakh with Charge ID 10044293 was registered on 05 Mar 2007.
Charges
A charge with Bank Of India amounted to Rs. 200.00 Lakh with Charge ID 90153434 was registered on 12 Nov 1997.
Charges
A charge with Bank Of India amounted to Rs. 2.00 Lakh with Charge ID 90153057 was registered on 22 Sep 1994.
2 earlier events are in the company report.
Frequently asked questions
Proton Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 18 April 1991 (35+ years old) and is registered under CIN U24100MH1991PTC061269.
Proton Polymers has 3 current directors:
- Malav Kantilal Desai - Director
- Meenakshi Malav Desai - Director
- Mansi Malav Desai - Director
The latest financial statements of Proton Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Proton Polymers is 27AAACM2860K1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Proton Polymers is U24100MH1991PTC061269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proton Polymers has 8 court cases on record: 8 filed by the company. 4 are pending.
Proton Polymers was incorporated on 18 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Mansi Malav Desai was appointed as Director on 02 Jan 2014. Leena Dhaval Desai ceased to be Director on 19 Nov 2007. Meenakshi Malav Desai was appointed as Director on 12 Sep 2007. Proton Polymers has 4 board changes on record in total.
Yes, Proton Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0093328).
Proton Polymers can be reached through the website protonpolymers.com. Its registered office is in Mumbai, Maharashtra, India.