Saigal Polymers Private Limited
About Saigal Polymers Private Limited
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Saigal Polymers Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 16 June 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U19201UP1989PTC010860. Its GSTIN is 09AAECS0219E1ZP (Uttar Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.7 Lakh. It is led by directors Sheela Saigal and Raj Narayan.
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 Lohar Baghsitapur Sitapur, Uttar Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.13 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹12.45 Lakh (net margin -5.8%) and EBITDA of ₹3.03 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 6% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressLohar Baghsitapur Sitapur, Uttar Pradesh, India
- IndustryPlastics, Non-Metallic Mineral Products, Fabricated Metal Products, Rubber Products, Plastic Products
- 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 of Saigal Polymers Private Limited
The main business activity of Saigal Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saigal Polymers Private Limited FY 2025 filings available
Saigal Polymers Private Limited reported revenue of ₹2.13 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Saigal Polymers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 18% fall in the latest year. EBITDA fell 89% 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 Saigal Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.45 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 of Saigal Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.8% | •••• | •••• | •••• | •••• |
| 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 Saigal Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saigal Polymers Private Limited
Saigal Polymers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shashvat Polymers Private Limited | ₹2.2 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Esquire Polymers Limited | ₹2.17 Cr (FY 2023) | •••• | •••• | 2807.0% | •••• | Pune, Maharashtra, India |
| Eashan Polymers Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 52291.0% | •••• | Rajganj, West Bengal, India |
| Kirpal Polymers Private Limited | ₹2.14 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Watsol Polymers Pvt Ltd | ₹2.14 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Hyderabad, Telangana, India |
| Saigal Polymers Private Limited this company | ₹2.13 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Uttar Pradesh, India |
| Plastflow Polymers Private Limited | ₹2.13 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Gurgaon, Haryana, India |
| G D Polymers Private Limited | ₹2.1 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Delhi, India |
| Vemula Polymers Private Limited | ₹2.09 Cr (FY 2021) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| Travancore Polymers Private Limited | ₹2.09 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Angamaly, Kerala, India |
| Manabendra Polymers Industries Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Burdwan, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Saigal Polymers by revenue in the Chemicals industry (Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saigal Polymers Private Limited
Saigal Polymers Private Limited is audited by Seth and Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Seth and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saigal Polymers Private Limited
Saigal Polymers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Saigal | Director | 28 Nov 1989 | 36 Years 10 Months | Current |
| Raj Narayan | Director | 09 Sep 2015 | 11 Years 1 Months | Current |
Ownership and Shareholding of Saigal Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saigal Polymers Private Limited
Saigal Polymers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Saigal Polymers Private Limited
Saigal Polymers Private Limited has a workforce of 34 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saigal Polymers Private Limited
Saigal Polymers Private Limited has 6 board changes on record since 1989: 2 appointments and 4 cessations. The latest: Meena Saigal ceased to be Director on 10 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Saigal Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saigal Polymers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saigal Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saigal Polymers Private Limited
Saigal Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECS0219E1ZP | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saigal Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saigal Polymers Private Limited
Saigal Polymers is an active private limited company based in Uttar Pradesh, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 16 June 1989 (37+ years old) and is registered under CIN U19201UP1989PTC010860.
Saigal Polymers reported revenue of ₹2.13 Cr for FY 2024 (down 18% YoY).
Saigal Polymers has 2 current directors:
- Sheela Saigal - Director
- Raj Narayan - Director
Saigal Polymers reported a net loss of ₹12.45 Lakh (net margin -5.8%) and EBITDA of ₹3.03 Lakh (EBITDA margin 1.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saigal Polymers is 21% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saigal Polymers is 09AAECS0219E1ZP, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Saigal Polymers is U19201UP1989PTC010860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saigal Polymers was incorporated on 16 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Saigal Polymers by revenue are Shashvat Polymers Private Limited, Esquire Polymers Limited, Eashan Polymers Private Limited, Kirpal Polymers Private Limited, Watsol Polymers Pvt Ltd and 5 more, all in the Chemicals industry (Polymers).
Meena Saigal ceased to be Director on 10 Sep 2015. Renuka Saigal ceased to be Director on 10 Sep 2015. Sanjay Narain Saigal ceased to be Director on 10 Sep 2015. Saigal Polymers has 6 board changes on record in total.
The registered office of Saigal Polymers is at Lohar Baghsitapur Sitapur, Uttar Pradesh, India.