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Riyansh Polytech Private Limited - manufacturing in Jharsuguda, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.74 Cr
▼ 14% YoY
Net profit · FY 2025
₹2.43 Cr
Net margin 5%
EBITDA · FY 2025
₹6.85 Cr
EBITDA margin 14.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.2 Cr
Issued & subscribed
Open charges
₹47.46 Cr
Satisfied ₹18.33 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
16
Provident fund records
About Riyansh Polytech Private Limited
Data last updated:
Riyansh Polytech Private Limited is a private limited company based in Jharsuguda, Odisha, India, recognised as a startup by DPIIT. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 15 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2018PTC028861. Its GSTIN is 21AAICR9494G1Z1 (Odisha). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.2 Cr. It is led by directors Aman Agrawal and Rakhi Agrawal.
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 Plot No – 1801 Khata No – 946 Marwadipada Main Road, Jharsuguda, Odisha, India – 768201.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.74 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.43 Cr (net margin 5%) and EBITDA of ₹6.85 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 35% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.46 Cr and satisfied charges of ₹18.33 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 10 filed against it; 10 cases are pending.
Riyansh Polytech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-14-0000689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utkalplast.in.
Company details
CIN U74999OR2018PTC028861
Registration Number 028861
Incorporation Date 15 May 2018
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-OD-14-0000689
Key People
Aman Agrawal Director Rakhi Agrawal Director Recognitions & Rankings of Riyansh Polytech
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-14-0000689
Contact details
Riyansh Polytech Private Limited's registered office is in Jharsuguda, Odisha. Its website is utkalplast.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 1801 Khata No – 946 Marwadipada Main Road, Jharsuguda, Odisha, India – 768201
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Riyansh Polytech Private Limited, buy the company report.
Comprehensive company report
Riyansh Polytech 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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Business activity
The main business activity of Riyansh Polytech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Riyansh Polytech Private Limited, buy the company report.
Financials of Riyansh Polytech Private Limited
FY 2025 filings availableRiyansh Polytech Private Limited reported revenue of ₹48.74 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹48.74 Cr ▼ 14%
Net profit · FY 2025
₹2.43 Cr margin 5%
EBITDA · FY 2025
₹6.85 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 50%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 66%
5 years · compounded
▲ 49%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA rose 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.43 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Riyansh Polytech Private Limited, buy the company report.
Board of directors of Riyansh Polytech Private Limited
Riyansh Polytech 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 |
|---|---|---|---|---|
| Aman Agrawal | Director | 15 May 2018 | 8 Years 5 Months | Current |
| Rakhi Agrawal | Director | 22 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Riyansh Polytech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramesh Krishna Engineers Private Limited | ₹48.83 Cr (FY 2024) | 107.0% | Hyderabad, Telangana, India | |||
| Inventa Technologies Private Limited | ₹48.82 Cr (FY 2025) | 10.0% | Thiruvallur, Tamil Nadu, India | |||
| Patel Strap Private Limited | ₹48.81 Cr (FY 2025) | 26.0% | Bhavnagar, Gujarat, India | |||
| KRPC Enterprises Private Limited | ₹48.8 Cr (FY 2025) | 14.0% | Delhi, India | |||
| Vinayak Ultraflex Private Limited | ₹48.76 Cr (FY 2025) | -3.0% | Uttar Pradesh, India | |||
| Riyansh Polytech Private Limitedthis company | ₹48.74 Cr (FY 2025) | ₹2.43 Cr | 5% | -14.0% | 16 | Jharsuguda, Odisha, India |
| Motto Tiles Private Limited | ₹48.74 Cr (FY 2025) | -30.0% | Morbi, Gujarat, India | |||
| Kohinoor Pondliner Private Limited | ₹48.73 Cr (FY 2024) | 23.0% | Pune, Maharashtra, India | |||
| Hallmark Aquaequipment Private Limited | ₹48.69 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Brothers Plast Tech Private Limited | ₹48.66 Cr (FY 2024) | 357.0% | Ahmedabad, Gujarat, India | |||
| Palya Footwear Private Limited | ₹48.64 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Riyansh Polytech Private Limited, buy the company report.
Auditor
Riyansh Polytech Private Limited is audited by B K Seth & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K Seth & Associates | FY 2023 | 332946E |
Shareholding
The shareholding of Riyansh Polytech Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Riyansh Polytech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹47.46 Cr
Satisfied charges
₹18.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100979056 | Bank of India | ₹47.21 Cr | Open | |
| 27 Jul 2022 | 100609532 | State Bank of India | ₹25 Lakh | Open | |
| 28 Sep 2018 | 100217506 | State Bank of India | ₹18.33 Cr | Satisfied |
To see the full charge records of Riyansh Polytech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Riyansh Polytech Private Limited has 11 court cases on record: 2 filed by Riyansh Polytech, 10 filed against it. 10 cases are pending and 1 is disposed.
Total cases
11
Filed by the company
2
Filed against the company
10
Pending
10
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 10 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Pravinkumar Brahmdev Chaube - Advance Pigments Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Riyansh Polytech Private Limited and Others | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Riyansh Polytech Private Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Siemens Finncial Services Private Limited | Pending |
To see the full case history of Riyansh Polytech 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 Riyansh Polytech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riyansh Polytech Private Limited has a workforce of 16 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
GST
Riyansh Polytech has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAICR9494G1Z1 | Odisha | Active | 03 Jul 2018 |
| 21AAICR9494G1DA | Odisha | Active | 18 Mar 2025 |
| 24AAICR9494G1ZV | Gujarat | Active | 19 May 2025 |
To see the full GST registrations and return filing status of Riyansh Polytech Private Limited, buy the company report.
Recent activity
Riyansh Polytech Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Ashutosh Tibrewal ceased to be Director on 31 May 2023.
AGM
Riyansh Polytech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Riyansh Polytech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Bank Of India of Rs. 47.21 Cr registered on 29 Jul 2024 with Charge ID 100979056 was modified on 13 Feb 2025.
Charges
A charge registered on 28 Sep 2018 via Charge ID 100217506 with State Bank Of India was fully satisfied on 28 Oct 2024.
Charges
A charge with Bank Of India amounted to Rs. 47.21 Cr with Charge ID 100979056 was registered on 29 Jul 2024.
Charges
A charge with State Bank Of India of Rs. 18.33 Cr registered on 28 Sep 2018 with Charge ID 100217506 was modified on 18 Apr 2024.
Ceased
Ashutosh Tibrewal ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.25 Cr with Charge ID 100609532 was registered on 27 Jul 2022.
Ceased
Biswanath Chowdhury ceased to be Director.
Appointed
Rakhi Agrawal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 18.33 Cr with Charge ID 100217506 was registered on 28 Sep 2018.
Appointed
Aman Agrawal was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Riyansh Polytech is an active private limited company based in Jharsuguda, Odisha, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 15 May 2018 (8+ years old) and is registered under CIN U74999OR2018PTC028861.
Riyansh Polytech has 2 current directors:
- Aman Agrawal - Director
- Rakhi Agrawal - Director
The latest financial statements of Riyansh Polytech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Riyansh Polytech is 21AAICR9494G1Z1, registered in Odisha. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 21AAICR9494G1DA (Odisha), 24AAICR9494G1ZV (Gujarat).
The CIN (Corporate Identification Number) of Riyansh Polytech is U74999OR2018PTC028861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riyansh Polytech has 11 court cases on record: 2 filed by the company and 10 filed against it. 10 are pending.
Riyansh Polytech was incorporated on 15 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Riyansh Polytech by revenue are Ramesh Krishna Engineers Private Limited, Inventa Technologies Private Limited, Patel Strap Private Limited, KRPC Enterprises Private Limited, Vinayak Ultraflex Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ashutosh Tibrewal ceased to be Director on 31 May 2023. Biswanath Chowdhury ceased to be Director on 22 Nov 2021. Rakhi Agrawal was appointed as Director on 22 Nov 2021. Riyansh Polytech has 4 board changes on record in total.
Yes, Riyansh Polytech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Riyansh Polytech is registered as a small enterprise under Udyam registration (number: UDYAM-OD-14-0000689).
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