Shagun Polytech Private Limited
About Shagun Polytech Private Limited
Data last updated:
Shagun Polytech Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 03 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2011PTC212959. Its GSTIN is 27AAPCS4196P1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shirish Daulatrao Yadav (Managing Director) and Rushiket Harishchandra Yadav (Whole-Time Director).
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 G – 42 MIDC, Jalgaon, Maharashtra, India – 425003.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.28 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹45.55 Lakh (net margin 6.3%) and EBITDA of ₹99.44 Lakh (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressG – 42 MIDC, Jalgaon, Maharashtra, India – 425003
- IndustryManufacturing, Plastic-Based 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
- One PDF report, delivered after checkout
Business Activity of Shagun Polytech Private Limited
The main business activity of Shagun Polytech 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 Shagun Polytech Private Limited FY 2025 filings available
Shagun Polytech Private Limited reported revenue of ₹7.28 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shagun Polytech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 39% fall in the latest year. EBITDA fell 20% 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 Shagun Polytech 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 | ₹99.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.55 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 Shagun Polytech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 Shagun Polytech 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 Shagun Polytech Private Limited
Shagun Polytech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mech and Ger Tech Services (India) Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Greenova Plast Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | •••• | Talod, Gujarat, India | |
| Venus Agritech Private Limited | ₹7.3 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Pardi, Gujarat, India |
| KKDP Polymers Private Limited | ₹7.3 Cr (FY 2025) | •••• | •••• | 474.0% | •••• | Surat, Gujarat, India |
| Chilika Fishnets Pvt.Ltd. | ₹7.29 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bhubaneswar, Odisha, India |
| Shagun Polytech Private Limited this company | ₹7.28 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Jalgaon, Maharashtra, India |
| Maya Polymers Private Limited | ₹7.26 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Kanpur, Uttar Pradesh, India |
| Jalori Tablewares Private Limited | ₹7.23 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ajmer, Rajasthan, India |
| Shilpa Polypack Private Limited | ₹7.21 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Surat, Gujarat, India |
| Eles Vinyl Private Limited | ₹7.19 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Om Polysack Private Limited | ₹7.18 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Shagun Polytech by revenue in the Manufacturing industry (Plastic Based Products), 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 Shagun Polytech Private Limited
Shagun Polytech Private Limited is audited by PANKAJ S ZAWAR & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANKAJ S ZAWAR & CO | 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 Shagun Polytech Private Limited
Shagun Polytech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishchandra Daulatrao Yadav | Director | 03 Feb 2011 | 15 Years 8 Months | Current |
| Shirish Daulatrao Yadav | Managing Director | 03 Feb 2011 | 15 Years 8 Months | Current |
| Rushiket Harishchandra Yadav | Whole-Time Director | 03 Feb 2011 | 15 Years 8 Months | Current |
Ownership and Shareholding of Shagun Polytech 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 Shagun Polytech Private Limited
Shagun Polytech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shagun Polytech Private Limited
Employment history and EPFO contributions of people linked to Shagun Polytech.
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 Shagun Polytech Private Limited
Shagun Polytech Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Harishchandra Daulatrao Yadav was appointed as Director on 03 Feb 2011.
Credit Ratings, Litigation & Regulatory Alerts for Shagun Polytech 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 Shagun Polytech 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 Shagun Polytech 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 Shagun Polytech Private Limited
Shagun Polytech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS4196P1Z9 | Maharashtra | 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 Shagun Polytech 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 Shagun Polytech Private Limited
Shagun Polytech is an active private limited company based in Jalgaon, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 03 February 2011 (15+ years old) and is registered under CIN U25203MH2011PTC212959.
Shagun Polytech reported revenue of ₹7.28 Cr for FY 2024 (down 39% YoY).
Shagun Polytech has 3 current directors:
- Shirish Daulatrao Yadav - Managing Director
- Rushiket Harishchandra Yadav - Whole-Time Director
- Harishchandra Daulatrao Yadav - Director
Shagun Polytech reported a net profit of ₹45.55 Lakh (net margin 6.3%) and EBITDA of ₹99.44 Lakh (EBITDA margin 13.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shagun Polytech is 8% over three years and -7% over five years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shagun Polytech is 27AAPCS4196P1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shagun Polytech is U25203MH2011PTC212959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shagun Polytech was incorporated on 03 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shagun Polytech by revenue are Mech and Ger Tech Services (India) Private Limited, Greenova Plast Private Limited, Venus Agritech Private Limited, KKDP Polymers Private Limited, Chilika Fishnets Pvt.Ltd. and 5 more, all in the Manufacturing industry (Plastic Based Products).
Harishchandra Daulatrao Yadav was appointed as Director on 03 Feb 2011. Rushiket Harishchandra Yadav was appointed as Whole-Time Director on 03 Feb 2011. Shirish Daulatrao Yadav was appointed as Managing Director on 03 Feb 2011.
The registered office of Shagun Polytech is at G – 42 MIDC, Jalgaon, Maharashtra, India – 425003.