About Shagun Polymers India Private Limited
Data last updated:
Shagun Polymers India Private Limited is a private limited company based in Chittorgarh, Rajasthan, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2016PTC055401. Its GSTIN is 08AAXCS2933C1Z3 (Rajasthan).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.07 Cr. It is led by directors Payal Abbani and Manish Abbani.
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 Village Purohiton Ka Sanwta Gram Panchayat Tumbdiya Tehsil, Chittorgarh, Rajasthan, India – 312001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.27 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹39.11 Lakh (net margin -30.8%) and EBITDA of ₹53.18 Lakh (EBITDA margin 41.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.92 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shagunpolymers.com.
Company details
Contact details
Shagun Polymers India Private Limited's registered office is in Chittorgarh, Rajasthan. Its website is shagunpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Purohiton Ka Sanwta Gram Panchayat Tumbdiya Tehsil, Chittorgarh, Rajasthan, India – 312001
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Shagun Polymers India Private 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
Business activity
The main business activity of Shagun Polymers India 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 Shagun Polymers India Private Limited, buy the company report.
Financials of Shagun Polymers India Private Limited
FY 2025 filings availableShagun Polymers India Private Limited reported revenue of ₹1.27 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 4% 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 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 | ₹53.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.11 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.9% | ||||
| Net Profit Margin | -30.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shagun Polymers India Private Limited, buy the company report.
Board of directors of Shagun Polymers India Private Limited
Shagun Polymers India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Abbani | Director | 25 May 2024 | 2 Years 5 Months | Current |
| Manish Abbani Also directs: Mod Patio Designs LLP, Summit Horeca Industries LLP | Director | 04 Jul 2016 | 10 Years 4 Months | Current |
Auditor
Shagun Polymers India Private Limited is audited by SHISHODIA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHISHODIA & CO. | FY 2022 | 017363C |
Shareholding
The shareholding of Shagun Polymers India Private Limited is on record for 5 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shagun Polymers India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100429447 | Sidbi | ₹2 Cr | Open | |
| 16 Jun 2020 | 100341019 | Sidbi | ₹1.42 Cr | Open | |
| 05 May 2017 | 100095827 | Sidbi | ₹6.5 Cr | Open | |
| 05 May 2017 | 100095856 | Sidbi | ₹2 Cr | Satisfied |
To see the full charge records of Shagun Polymers India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Shagun Polymers India Private Limited has 1 court case on record: 1 filed by Shagun Polymers India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Chairman Discoms and Rajasthan Urja Vikas Nigam Limited and 2 others | Disposed |
To see the full case history of Shagun Polymers India 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
Shagun Polymers India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Action Marble and Granites Private Limited |
To see the full MSME payment records of Shagun Polymers India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shagun Polymers India Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Shagun Polymers India Private Limited, buy the company report.
GST
Shagun Polymers India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAXCS2933C1Z3 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shagun Polymers India Private Limited, buy the company report.
Recent activity
Shagun Polymers India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Payal Abbani was appointed as Director on 25 May 2024.
Frequently asked questions
Shagun Polymers India is an active private limited company based in Chittorgarh, Rajasthan, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U74999RJ2016PTC055401.
Shagun Polymers India has 2 current directors:
- Payal Abbani - Director
- Manish Abbani - Director
The latest financial statements of Shagun Polymers India 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 2017 are in the company report.
The GSTIN of Shagun Polymers India is 08AAXCS2933C1Z3, registered in Rajasthan.
The CIN (Corporate Identification Number) of Shagun Polymers India is U74999RJ2016PTC055401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shagun Polymers India has 1 court case on record: 1 filed by the company.
Shagun Polymers India was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
Payal Abbani was appointed as Director on 25 May 2024. Vinay Kumar Jain ceased to be Director on 16 May 2024. Manish Abbani was appointed as Director on 04 Jul 2016.
Shagun Polymers India has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 26 May 2019.
Shagun Polymers India can be reached through the website shagunpolymers.com. Its registered office is in Chittorgarh, Rajasthan, India.
The registered office of Shagun Polymers India is at Village Purohiton Ka Sanwta Gram Panchayat Tumbdiya Tehsil, Chittorgarh, Rajasthan, India – 312001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
