
Renol Polychem Limited
About Renol Polychem Limited
Data last updated:
Renol Polychem Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the printing services segment of the printing and publishing sector. It was incorporated on 09 January 2024.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L22209GJ2024PLC147599. It is a listed company as per MCA records. Its shares are listed on NSE: RNPL.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹12.08 Cr. It is led by directors including Bhaveshbhai Mansukhbhai Harsoda (Managing Director) and Anjali Hukambhai Jeshani.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 307 Sanskar Heights Nr Ra Circle 150 Ft Ring Rd, Rajkot, Gujarat, India – 360004.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹89.99 Cr, a growth of 44.4% compared to the previous year. For the same year it recorded a net profit of ₹8.25 Cr (net margin 9.2%) and EBITDA of ₹11.76 Cr (EBITDA margin 13.1%). The net worth stands at ₹108.39 Cr (up 713.1% YoY). Total assets are valued at ₹137.75 Cr (up 578.9% YoY).
As per MCA filings, the company has open charges of ₹10.25 Cr on record. The company has 1 deal on record (1 ipo); the latest was in August 2025.
Company details
CIN history
Renol Polychem has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L22209GJ2024PLC147599, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L22209GJ2024PLC147599 | Current |
| U22209GJ2024PTC147599 | Previous |
| U22209GJ2024PLC147599 | Previous |
Contact details
Renol Polychem Limited's registered office is in Rajkot, Gujarat.
- Registered Address307 Sanskar Heights Nr Ra Circle 150 Ft Ring Rd, Rajkot, Gujarat, India – 360004
- IndustryPrinting & Publishing, Printing Services
- 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 activities of Renol Polychem are manufacturing and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations and wholesale and retail trade and repair of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Renol Polychem Limited, buy the company report.
Financials of Renol Polychem Limited
FY 2025-26 filings availableRenol Polychem Limited reported revenue of ₹89.99 Cr (up 44.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 89.99 | 62.30 |
| Revenue growth | +44.5% | - |
| EBITDA | 11.76 | 7.14 |
| EBITDA margin | +13.1% | +11.5% |
| Profit before tax | 11.17 | 6.66 |
| Net profit | 8.25 | 4.99 |
| Net profit margin | +9.2% | +8.0% |
| EPS (₹) | 6.83 | 9.10 |
| Balance sheet | ||
| Total assets | 138 | 20.29 |
| Net worth | 108 | 13.33 |
| Total debt | 17.09 | 6.95 |
| Cash & bank | 11.14 | 2.97 |
| Net working capital | 76.69 | 19.28 |
| Cash flow | ||
| Cash from operations | (40.20) | - |
| Cash from investing | (60.55) | - |
| Cash from financing | 109 | - |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 89.00 | 62.30 | 6.45 |
| Revenue growth | +42.9% | +865.9% | - |
| EBITDA | 11.60 | 7.15 | 2.23 |
| EBITDA margin | +13.0% | +11.5% | +34.6% |
| Profit before tax | 11.03 | 6.67 | 2.18 |
| Net profit | 8.14 | 5.00 | 1.53 |
| Net profit margin | +9.2% | +8.0% | +23.7% |
| EPS (₹) | 6.74 | 9.10 | 11.18 |
| Balance sheet | |||
| Total assets | 109 | 20.29 | 11.27 |
| Net worth | 108 | 13.33 | 8.69 |
| Total debt | 0.62 | 6.95 | 2.58 |
| Cash & bank | 7.36 | 2.97 | 1.01 |
| Net working capital | 43.39 | 19.28 | 10.67 |
| Cash flow | |||
| Cash from operations | (8.11) | (1.25) | 1.20 |
| Cash from investing | (67.38) | (0.40) | 0.00 |
| Cash from financing | 79.88 | 3.60 | (0.30) |
| Particulars | Sep 2024 | Jun 2024 |
|---|---|---|
| Revenue | 14.17 | 14.69 |
| Other income | 0.03 | 0.14 |
| Total expenses | 12.71 | 13.12 |
| EBITDA | 1.46 | 1.57 |
| EBITDA margin | +10.3% | +10.7% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.09 | 0.12 |
| Profit before tax | 1.37 | 1.56 |
| Tax | 0.29 | 0.44 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 89.99 | 62.30 |
| Revenue growth | +44.5% | - |
| Other income | 0.24 | 0.26 |
| Total expenses | 78.23 | 55.16 |
| Employee cost | 1.60 | 0.55 |
| EBITDA | 11.76 | 7.14 |
| EBITDA margin | +13.1% | +11.5% |
| Depreciation | 0.54 | 0.14 |
| Interest | 0.29 | 0.60 |
| Profit before tax | 11.17 | 6.66 |
| Tax | 2.92 | 1.67 |
| Net profit | 8.25 | 4.99 |
| Net profit margin | +9.2% | +8.0% |
| EPS (₹) | 6.83 | 9.10 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 12.08 | 5.49 |
| Reserves & surplus | 88.03 | 7.84 |
| Shareholders' funds (net worth) | 108 | 13.33 |
| Minority interest | 12.25 | 0.00 |
| Secured loans | 17.09 | 6.95 |
| Unsecured loans | 0.00 | 0.00 |
| Total debt | 17.09 | 6.95 |
| Total liabilities | 138 | 20.29 |
| Assets | ||
| Gross block | 35.53 | 0.79 |
| Net block | 34.55 | 0.35 |
| Capital work in progress | 0.00 | 0.00 |
| Investments | 7.44 | 0.30 |
| Inventories | 50.71 | 9.27 |
| Sundry debtors | 65.36 | 8.97 |
| Cash & bank balances | 11.14 | 2.97 |
| Loans & advances | 12.45 | 1.19 |
| Total current assets | 140 | 22.40 |
| Total current liabilities | 62.97 | 3.12 |
| Net working capital | 76.69 | 19.28 |
| Total assets | 138 | 20.29 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 2.97 | - |
| Net cash from operating activities | (40.20) | - |
| Net cash from investing activities | (60.55) | - |
| Net cash from financing activities | 109 | - |
| Net change in cash | 8.17 | - |
| Closing cash | 11.14 | - |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +44.5% | - |
| EBITDA growth | +64.7% | - |
| PBT growth | +67.7% | +9997.0% |
| Net income growth | +65.3% | - |
| Profitability & leverage | ||
| Net income margin | +9.2% | +8.0% |
| Return on capital employed | +15.7% | +35.9% |
| Return on net worth | +13.6% | +37.5% |
| Debt / equity | 0.20 | 0.52 |
| Long-term debt / equity | 0.03 | 0.01 |
| Interest cover | 2.58 | 8.57 |
| Efficiency & per share | ||
| Fixed asset turnover | 4.96 | 78.86 |
| Inventory turnover | 3.00 | 6.72 |
| Debtors turnover | 2.42 | 6.95 |
| EPS (₹) | 6.83 | 9.10 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 82.84 | 24.28 |
| Particulars | Sep 2024 | Jun 2024 |
|---|---|---|
| Revenue | 14.17 | 14.69 |
| Other income | 0.03 | 0.14 |
| Total expenses | 12.71 | 13.12 |
| EBITDA | 1.46 | 1.57 |
| EBITDA margin | +10.3% | +10.7% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.09 | 0.12 |
| Profit before tax | 1.37 | 1.56 |
| Tax | 0.29 | 0.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 89.00 | 62.30 | 6.45 |
| Revenue growth | +42.9% | +865.9% | - |
| Other income | 0.21 | 0.26 | 0.07 |
| Total expenses | 77.40 | 55.15 | 4.22 |
| Employee cost | 0.00 | 0.55 | 0.11 |
| EBITDA | 11.60 | 7.15 | 2.23 |
| EBITDA margin | +13.0% | +11.5% | +34.6% |
| Depreciation | 0.50 | 0.14 | 0.02 |
| Interest | 0.28 | 0.60 | 0.10 |
| Profit before tax | 11.03 | 6.67 | 2.18 |
| Tax | 2.89 | 1.67 | 0.65 |
| Net profit | 8.14 | 5.00 | 1.53 |
| Net profit margin | +9.2% | +8.0% | +23.7% |
| EPS (₹) | 6.74 | 9.10 | 11.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 12.08 | 5.49 | 5.49 |
| Reserves & surplus | 87.60 | 7.84 | 3.20 |
| Shareholders' funds (net worth) | 108 | 13.33 | 8.69 |
| Secured loans | 0.62 | 6.95 | 2.58 |
| Unsecured loans | 0.00 | 0.00 | 0.00 |
| Total debt | 0.62 | 6.95 | 2.58 |
| Total liabilities | 109 | 20.29 | 11.27 |
| Assets | |||
| Gross block | 16.49 | 0.79 | 0.69 |
| Net block | 15.55 | 0.35 | 0.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 37.29 | 0.30 | 0.00 |
| Inventories | 22.89 | 9.27 | 6.92 |
| Sundry debtors | 16.36 | 8.97 | 6.20 |
| Cash & bank balances | 7.36 | 2.97 | 1.01 |
| Loans & advances | 3.96 | 1.19 | 0.76 |
| Total current assets | 50.57 | 22.40 | 14.89 |
| Total current liabilities | 7.18 | 3.12 | 4.22 |
| Net working capital | 43.39 | 19.28 | 10.67 |
| Total assets | 109 | 20.29 | 11.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 2.97 | 1.01 | 0.11 |
| Net cash from operating activities | (8.11) | (1.25) | 1.20 |
| Net cash from investing activities | (67.38) | (0.40) | 0.00 |
| Net cash from financing activities | 79.88 | 3.60 | (0.30) |
| Net change in cash | 4.39 | 1.95 | 0.90 |
| Closing cash | 7.36 | 2.97 | 1.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +42.9% | +865.9% | - |
| EBITDA growth | +62.2% | +220.6% | - |
| PBT growth | +65.4% | +9997.0% | +9997.0% |
| Net income growth | +62.8% | +226.8% | - |
| Profitability & leverage | |||
| Net income margin | +9.2% | +8.0% | +23.7% |
| Return on capital employed | - | +46.1% | +80.6% |
| Return on net worth | - | +45.4% | +70.4% |
| Debt / equity | - | 0.43 | 0.30 |
| Long-term debt / equity | - | 0.02 | 0.03 |
| Interest cover | 2.52 | 8.56 | 4.52 |
| Efficiency & per share | |||
| Fixed asset turnover | - | 84.19 | 37.39 |
| Inventory turnover | - | 7.70 | 3.73 |
| Debtors turnover | - | 8.21 | 4.16 |
| EPS (₹) | 6.74 | 9.10 | 11.18 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 24.28 | 15.83 |
To see the full year-wise statements and ratios of Renol Polychem Limited, buy the company report.
Board of directors of Renol Polychem Limited
Renol Polychem has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Hukambhai Jeshani Also directs: Krupalu Metals Limited, Antala Industries Limited | Director | 03 Jul 2024 | 2 Years 3 Months | Current |
| Nikita Gaurav Tank Also directs: Krupalu Metals Limited, Antala Industries Limited | Director | 21 Jun 2024 | 2 Years 4 Months | Current |
| Anandbhai Nalinbhai Pathak Also directs: Krupalu Metals Limited | Director | 11 Mar 2024 | 2 Years 7 Months | Current |
| Bhaveshbhai Mansukhbhai Harsoda Also directs: Renol Foods Private Limited, Ramev Polyplast Private Limited, Rexal Industries Private Limited and 1 more | Managing Director | 09 Jan 2024 | 2 Years 9 Months | Current |
| Naitik Bhaveshbhai Harsoda Also directs: Ramev Polyplast Private Limited | Director | 09 Jan 2024 | 2 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2024 | 101019635 | Hdfc Bank Limited | ₹30.41 Lakh | Open | |
| 28 Feb 2024 | 100883403 | Others | ₹9.95 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Renol Polychem Limited has 1 deal on record (1 ipo); the latest was in August 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2025 | IPO | ₹25.77 Cr | Investors: Persistent Growth Fund, Generational Capital Breakout Fund, North Star Opportunities Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Renol Polychem 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 Renol Polychem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Renol Polychem Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Renol Polychem Limited has 6 board changes on record since 2024: 5 appointments and 1 cessation. The latest: Anjali Hukambhai Jeshani was appointed as Director on 03 Jul 2024.
Frequently asked questions
Renol Polychem is an active public limited company based in Rajkot, Gujarat, India. The company works in printing services, within the printing and publishing industry. It was incorporated on 09 January 2024 (2+ years old) and is registered under CIN L22209GJ2024PLC147599. Listed on NSE: RNPL.
Renol Polychem reported revenue of ₹89.99 Cr for FY 2025-26 (up 44.4% YoY) based on consolidated financials.
Renol Polychem has 5 current directors:
- Bhaveshbhai Mansukhbhai Harsoda - Managing Director
- Anjali Hukambhai Jeshani - Director
- Nikita Gaurav Tank - Director
- Anandbhai Nalinbhai Pathak - Director
- Naitik Bhaveshbhai Harsoda - Director
The latest financial statements of Renol Polychem on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 July 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Renol Polychem is L22209GJ2024PLC147599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Renol Polychem is a listed company as per MCA records. Its shares are listed on NSE (symbol: RNPL).
Renol Polychem was incorporated on 09 January 2024, making it 2+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Renol Polychem has 1 deal on record (1 ipo); the latest was in August 2025.
Anjali Hukambhai Jeshani was appointed as Director on 03 Jul 2024. Nikita Gaurav Tank was appointed as Director on 21 Jun 2024. Bhavesh Mansukhbhai Harsoda ceased to be Director on 20 Jun 2024. Renol Polychem has 6 board changes on record in total.
The registered office of Renol Polychem is at 307 Sanskar Heights Nr Ra Circle 150 Ft Ring Rd, Rajkot, Gujarat, India – 360004.

