MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-16-0001193
Ralin Polymers Private Limited - packaging in Dewas, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹118.83 Cr
▼ 8% YoY
Net profit · FY 2023
₹3.62 Cr
Net margin 3%
EBITDA · FY 2023
₹8.75 Cr
EBITDA margin 7.4%
Authorised capital
₹4.95 Cr
Registered with MCA
Paid-up capital
₹3.57 Cr
Issued & subscribed
Open charges
₹23.6 Cr
Satisfied ₹21.44 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
54
Provident fund records
About Ralin Polymers Private Limited
Data last updated:
Ralin Polymers Private Limited is a private limited company based in Dewas, Madhya Pradesh, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 14 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP2012PTC029009. Its GSTIN is 23AAGCR0237B1Z2 (Madhya Pradesh).
The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹3.57 Cr. It is led by directors Rahul Shah and Manish Shah.
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 92 – A 91 – B Industrial Area No 1 A.B.Road, Dewas, Madhya Pradesh, India – 455001.
As per the financials filed for FY 2023, the company reported a revenue of ₹118.83 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.62 Cr (net margin 3%) and EBITDA of ₹8.75 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.6 Cr and satisfied charges of ₹21.44 Cr on record. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.94 Cr; the latest was in January 2022. The company has 4 MSME Form 1 returns on record between 2018 and 2019, listing 11 overdue payments to 4 micro and small suppliers.
Ralin Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-16-0001193). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ralinpolymers.com.
Company Details of Ralin Polymers Private Limited
CIN U25202MP2012PTC029009
Registration Number 029009
Incorporation Date 14 August 2012
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-16-0001193
Key People
Rahul Shah Director Manish Shah Director Recognitions & Rankings of Ralin Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address92 – A 91 – B Industrial Area No 1 A.B.Road, Dewas, Madhya Pradesh, India – 455001
- IndustryPackaging, Woven Packaging Products
Comprehensive company report
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Financials of Ralin Polymers Private Limited FY 2025 filings available
Ralin Polymers Private Limited reported revenue of ₹118.83 Cr (down 8% YoY) for FY 2023.
Revenue · FY 2023
₹118.83 Cr ▼ 8%
Net profit · FY 2023
₹3.62 Cr margin 3%
EBITDA · FY 2023
₹8.75 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR) of Ralin Polymers Private Limited
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 17%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 10%
5 years · compounded
▼ 5%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 28% 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 Ralin Polymers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹118.83 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.62 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 Ralin Polymers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Ralin Polymers are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ralin Polymers Private Limited
Ralin Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Shah | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Manish Shah Also directs: Maira Retreat Private Limited | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
Auditor Details of Ralin Polymers Private Limited
Ralin Polymers Private Limited is audited by Gupta & Ashok for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gupta & Ashok | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ralin Polymers Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ralin Polymers Private Limited
Open charges
₹23.6 Cr
Satisfied charges
₹21.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2019 | Hdfc Bank Limited | ₹23.6 Cr | Open |
| 14 Nov 2013 | Others | ₹21.44 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Ralin Polymers Private Limited
Ralin Polymers Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.94 Cr; the latest was in January 2022.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹4.94 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Rahul Shah HUF, 3 individuals Seller: Lincon Polymers Private Limited , 3 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Seller: Lincon Polymers Private Limited , 3 individuals |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Paresh Bhai Patel Huf, Bhavesh Babubhai Patel HUF, an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Lincon Polymers Private Limited Seller: 2 individuals |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Ralin Polymers Private Limited
Ralin Polymers Private Limited has 4 MSME Form 1 returns on record between 2018 and 2019, listing 11 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Radhakrishna Acua Private Limited | •••• | •••• | •••• |
| Kreative Gravures | •••• | •••• | •••• |
| J.J. Plastalloy Private Limited | •••• | •••• | •••• |
| Roofsol Energy Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
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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 Ralin Polymers Private Limited
Ralin Polymers Private Limited has a workforce of 54 employees as of Apr 01, 2024.
Employee count
54
Active EPFO establishments
1
Employee growth
-3.57%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ralin Polymers Private Limited
Ralin Polymers Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Bhaveshkumar Babubhai Patel ceased to be Director on 01 Mar 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 23.60 Cr registered on 17 Dec 2019 with Charge ID 100314843 was modified on 29 Oct 2025.
AGM
Ralin Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ralin Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Bhaveshkumar Babubhai Patel ceased to be Director.
Ceased
Pareshkumar Babulal Patel ceased to be Director.
Charges
A charge registered on 14 Nov 2013 via Charge ID 10463985 with Others was fully satisfied on 03 Jan 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.60 Cr with Charge ID 100314843 was registered on 17 Dec 2019.
Charges
A charge with Others of Rs. 21.44 Cr registered on 14 Nov 2013 with Charge ID 10463985 was modified on 01 Aug 2017.
Charges
A charge with Others amounted to Rs. 21.44 Cr with Charge ID 10463985 was registered on 14 Nov 2013.
Appointed
Bhaveshkumar Babubhai Patel was appointed as Director.
Appointed
Manish Shah was appointed as Director.
Appointed
Pareshkumar Babulal Patel was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ralin Polymers Private Limited
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Subsidiaries & Group Companies of Ralin Polymers Private Limited
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Corporate group structure
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GST Compliance of Ralin Polymers Private Limited
Ralin Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCR0237B1Z2 | Madhya Pradesh | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ralin Polymers Private Limited
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Frequently Asked Questions about Ralin Polymers Private Limited
Ralin Polymers is an active private limited company based in Dewas, Madhya Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 14 August 2012 (14+ years old) and is registered under CIN U25202MP2012PTC029009.
Ralin Polymers reported revenue of ₹118.83 Cr for FY 2023 (down 8% YoY).
Ralin Polymers has 2 current directors:
- Rahul Shah - Director
- Manish Shah - Director
Ralin Polymers reported a net profit of ₹3.62 Cr (net margin 3%) and EBITDA of ₹8.75 Cr (EBITDA margin 7.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ralin Polymers is 17% over three years and 14% over five years. In the latest year (FY 2023) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ralin Polymers is 23AAGCR0237B1Z2, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ralin Polymers is U25202MP2012PTC029009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ralin Polymers was incorporated on 14 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
Ralin Polymers has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.94 Cr; the latest was in January 2022.
Bhaveshkumar Babubhai Patel ceased to be Director on 01 Mar 2022. Pareshkumar Babulal Patel ceased to be Director on 01 Mar 2022. Bhaveshkumar Babubhai Patel was appointed as Director on 14 Aug 2012. Ralin Polymers has 6 board changes on record in total.
Yes, Ralin Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-16-0001193).