Seven Seas Polymers Private Limited

Seven Seas Polymers Private Limited - manufacturing in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U51495TN1999PTC122154 Incorporated 17 August 1999 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹114.91 Cr
▼ 7% YoY
Net profit · FY 2025
₹78.67 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹2.44 Cr
EBITDA margin 2.1%
Authorised capital
₹4.25 Cr
Registered with MCA
Paid-up capital
₹4.05 Cr
Issued & subscribed
Open charges
₹5.1 Cr
Satisfied ₹4.5 Cr
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings

About Seven Seas Polymers Private Limited

Data last updated:

Seven Seas Polymers Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 17 August 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51495TN1999PTC122154. Its GSTIN is 33AAFCS0311N1ZL (Tamil Nadu).

The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.05 Cr. It is led by directors including Arun Thangam (Managing Director) and Kulandasamy Sarasthangam.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 37 – A – 1 Madakulam Main Road Near Grt Hotel Palanganatham, Madurai, Tamil Nadu, India – 625003.

As per the financials filed for FY 2025, the company reported a revenue of ₹114.91 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹78.67 Lakh (net margin 0.7%) and EBITDA of ₹2.44 Cr (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹5.1 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 4 cases are pending.

Seven Seas Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0033883). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51495TN1999PTC122154
Registration Number 122154
Incorporation Date 17 August 1999
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-12-0033883

CIN history

Seven Seas Polymers has one previous CIN (Corporate Identification Number): U51495KA1999PTC025605. The current CIN is U51495TN1999PTC122154, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51495TN1999PTC122154Current
U51495KA1999PTC025605Previous
Key People
Arun Thangam Managing Director Kulandasamy Sarasthangam Director Mogeeth Director

Recognitions & Rankings of Seven Seas Polymers

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-12-0033883

Contact details

Seven Seas Polymers Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    37 – A – 1 Madakulam Main Road Near Grt Hotel Palanganatham, Madurai, Tamil Nadu, India – 625003
  • Industry
    Manufacturing, Plastic & Resins

To see the full contact details of Seven Seas Polymers Private Limited, buy the company report.

Comprehensive company report
Seven Seas Polymers 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 Seven Seas Polymers is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Seven Seas Polymers Private Limited, buy the company report.

Financials of Seven Seas Polymers Private Limited

FY 2024 filings available

Seven Seas Polymers Private Limited reported revenue of ₹114.91 Cr (down 7% YoY) for FY 2025.

Revenue · FY 2025
₹114.91 Cr ▼ 7%
Net profit · FY 2025
₹78.67 Lakh margin 0.7%
EBITDA · FY 2025
₹2.44 Cr margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 10%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 15%
5 years · compounded
▲ 5%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 7% fall in the latest year. EBITDA fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.44 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹78.67 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.1%
Net Profit Margin0.7%
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 Seven Seas Polymers Private Limited, buy the company report.

Board of directors of Seven Seas Polymers Private Limited

Seven Seas Polymers has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun Thangam
Also directs: Winndsor Cotton Mills Private Limited, Inden Wind Energy Private Limited, E-Port Logistics Private Limited
Managing Director17 Nov 20205 Years 11 MonthsCurrent
Kulandasamy SarasthangamDirector05 Oct 20197 Years 0 MonthsCurrent
Mogeeth
Also directs: Gopikha Industries Private Limited
Director10 Oct 20224 Years 0 MonthsCurrent
View all directors

Auditor

Seven Seas Polymers Private Limited is audited by M.Alagiriswamy & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.Alagiriswamy & CoFY 2023006579S

Shareholding

The shareholding of Seven Seas Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Seven Seas Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.1 Cr
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
Others₹4.10 Cr
Tamilnad Mercantile Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jun 2024100943187Others₹4.1 CrOpen
29 Jul 2017100124606Tamilnad Mercantile Bank Limited₹1 CrOpen
26 Sep 2017100137845Tamilnad Mercantile Bank Limited₹4.5 CrSatisfied

To see the full charge records of Seven Seas Polymers Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Seven Seas Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Seven Seas Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAFCS0311N1ZLTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Seven Seas Polymers Private Limited, buy the company report.

Recent activity

Seven Seas Polymers Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: . Mogeeth ceased to be Additional Director on 29 Sep 2023.

AGM
Seven Seas Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.10 Cr with Charge ID 100943187 was registered on 11 Jun 2024.
Filing
Seven Seas Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
. Mogeeth ceased to be Additional Director.
Appointed
Mogeeth was appointed as Director.
Ceased
Arun Thangam ceased to be Additional Director.
Ceased
Kulandasamy Sarasthangam ceased to be Additional Director.
Charges
A charge registered on 26 Sep 2017 via Charge ID 100137845 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Dec 2020.
Ceased
Palanisamy Prabu ceased to be Managing Director.
Appointed
Arun Thangam was appointed as Managing Director.
Appointed
Kulandasamy Sarasthangam was appointed as Director.
Ceased
Rohitta Vayakkadu Thottam Logu ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Seven Seas Polymers is an active private limited company based in Madurai, Tamil Nadu, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 17 August 1999 (27+ years old) and is registered under CIN U51495TN1999PTC122154.

Seven Seas Polymers has 3 current directors:

The latest financial statements of Seven Seas Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Seven Seas Polymers is 33AAFCS0311N1ZL, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Seven Seas Polymers is U51495TN1999PTC122154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Seven Seas Polymers has 18 court cases on record: 13 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.

Seven Seas Polymers was incorporated on 17 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.

. Mogeeth ceased to be Additional Director on 29 Sep 2023. Mogeeth was appointed as Director on 10 Oct 2022. Arun Thangam ceased to be Additional Director on 31 Dec 2020. Seven Seas Polymers has 11 board changes on record in total.

Yes, Seven Seas Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-12-0033883).

The registered office of Seven Seas Polymers is at 37 – A – 1 Madakulam Main Road Near Grt Hotel Palanganatham, Madurai, Tamil Nadu, India – 625003.