About Resin Distributors Limited
Data last updated:
Resin Distributors Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 14 September 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29246MH2001PLC133375. Its GSTIN is 27AAACR5880Q1ZM (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Arun Shriniwas Goel (Whole-Time Director) and Kusum Arun Goel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.97 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹36.28 Lakh (net margin 12.2%) and EBITDA of ₹1.23 Cr (EBITDA margin 41.5%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 27% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Resin Agency LLP. As per MCA filings, the company had satisfied charges of ₹41 Cr on record. Court records list 19 cases involving the company, including 10 filed by the company and 9 filed against it.
The last known website on record is resindistributors.com.
Company details
CIN history
Resin Distributors has one previous CIN (Corporate Identification Number): U29246MH2001PTC133375. The current CIN is U29246MH2001PLC133375, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29246MH2001PLC133375 | Current |
| U29246MH2001PTC133375 | Previous |
Contact details
Resin Distributors Limited's registered office is in Mumbai, Maharashtra. Its website is resindistributors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of Resin Distributors 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
Brands
Resin Distributors operates one associated brand: Resin Agency LLP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of polymers and petrochemical products in India. | resindistributors.com |
Financials of Resin Distributors Limited
FY 2020 filings availableResin Distributors Limited reported revenue of ₹2.97 Cr (down 42% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 42% fall in the latest year. EBITDA fell 53% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.28 Lakh | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.5% | ||||
| Net Profit Margin | 12.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Resin Distributors Limited, buy the company report.
Board of directors of Resin Distributors Limited
Resin Distributors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Shriniwas Goel Also directs: Resin Agency LLP, Elixrr Industries Private Limited | Whole-Time Director | 14 Sep 2001 | 25 Years 1 Months | As last reported |
| Kusum Arun Goel Also directs: Elixrr Industries Private Limited | Whole-Time Director | 14 Sep 2001 | 25 Years 1 Months | As last reported |
| Saurabh Arun Goel | Director | 24 Sep 2007 | 19 Years 1 Months | As last reported |
Auditor
Resin Distributors Limited is audited by JAYANTILAL THAKKAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANTILAL THAKKAR & CO | FY 2019 | 104133W |
Shareholding
The shareholding of Resin Distributors Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Resin Distributors Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2014 | 10522461 | Yes Bank Limited | ₹26 Cr | Satisfied | |
| 10 Sep 2008 | 10125572 | The Canara Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Resin Distributors Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Resin Distributors Limited has 19 court cases on record: 10 filed by Resin Distributors, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 9 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against International Hometex Ltd. 5 Ors --- Respondents and 4 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by International Hometex Ltd and Others in Appeal 112/2021 - Applicants. and 7 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by International Hometex Ltd and Others in Appeal 112/2021, @ Ma 569/2021 - Applicants. and 6 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by International Hometex Ltd and Others @ Ma 569/2021, @ Ba 881/2021 - Applicants. and 6 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against International Hometex Ltd. 5 Ors --- Respondents and 4 others | Disposed |
To see the full case history of Resin Distributors 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 Resin Distributors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Resin Distributors Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Resin Distributors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR5880Q1ZM | Maharashtra | Active | 01 Jul 2017 |
| 26AAACR5880Q1ZO | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Resin Distributors Limited, buy the company report.
Recent activity
Resin Distributors Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Arun Shriniwas Goel ceased to be Director on 01 Apr 2011.
2 earlier events are in the company report.
Frequently asked questions
Resin Distributors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Resin Distributors was a public limited company based in Mumbai, Maharashtra, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 14 September 2001 and is registered under CIN U29246MH2001PLC133375. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Resin Distributors was incorporated on 14 September 2001. It is registered with the Registrar of Companies, Mumbai.
Resin Distributors had 3 directors:
- Arun Shriniwas Goel - Whole-Time Director
- Kusum Arun Goel - Whole-Time Director
- Saurabh Arun Goel - Director
The CIN (Corporate Identification Number) of Resin Distributors is U29246MH2001PLC133375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Resin Distributors is at 25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
Resin Distributors can be reached through the website resindistributors.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Resin Distributors on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 22 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Resin Distributors is 27AAACR5880Q1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AAACR5880Q1ZO (Dadra and Nagar Haveli and Daman and Diu).
Resin Distributors operated in the financial services industry, in the financial brokerage segment.