MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0003076
Sharda Poly Colours Private Limited - chemicals and materials in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.99 Lakh
▼ 10% YoY
Net loss · FY 2023
₹7.83 Lakh
Net margin -156.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Satisfied charges
₹4.35 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
GST registrations
4
None active
About Sharda Poly Colours Private Limited
Data last updated:
Sharda Poly Colours Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 13 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH2005PTC152634. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Yogita Manish Hiwase and Prashant Dyaneshwar Hiwase.
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 Plot No 125 Gawalipura Gittikhadan Katol Road, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.99 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹7.83 Lakh (net margin -156.9%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 30% over five years.
As per MCA filings, the company has satisfied charges of ₹4.35 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 1 case is pending.
Sharda Poly Colours Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0003076). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shardagrp.com.
Company details
CIN U24220MH2005PTC152634
Registration Number 152634
Incorporation Date 13 April 2005
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-20-0003076
Recognitions & Rankings of Sharda Poly Colours
Contact details
Sharda Poly Colours Private Limited's registered office is in Nagpur, Maharashtra. Its website is shardagrp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 125 Gawalipura Gittikhadan Katol Road, Nagpur, Maharashtra, India – 440013
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Sharda Poly Colours Private Limited, buy the company report.
Comprehensive company report
Sharda Poly Colours 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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Financials of Sharda Poly Colours Private Limited
FY 2024 filings availableSharda Poly Colours Private Limited reported revenue of ₹4.99 Lakh (down 10% YoY) for FY 2023.
Revenue · FY 2023
₹4.99 Lakh ▼ 10%
Net loss · FY 2023
₹7.83 Lakh margin -156.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 46%
5 years · compounded
▼ 30%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 10% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.83 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -156.9% | ||||
| 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 Sharda Poly Colours Private Limited, buy the company report.
Board of directors of Sharda Poly Colours Private Limited
Sharda Poly Colours has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogita Manish Hiwase | Director | 03 Feb 2014 | 12 Years 8 Months | Current |
| Prashant Dyaneshwar Hiwase | Director | 12 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Sharda Poly Colours Private Limited is audited by SANJAY S AGRAWAL AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY S AGRAWAL AND CO | FY 2023 | 116200W |
Shareholding
The shareholding of Sharda Poly Colours 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sharda Poly Colours Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹4.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2012 | 10388856 | The Akola Urban Cooperative Bank Limited | ₹65 Lakh | Satisfied | |
| 02 Nov 2012 | 10388862 | The Akola Urban Cooperative Bank Limited | ₹37.5 Lakh | Satisfied | |
| 19 Oct 2012 | 10388860 | The Akola Urban Cooperative Bank Limited | ₹1.03 Cr | Satisfied | |
| 22 Mar 2006 | 80006406 | The Akola Urban Cooperative Bank Limited | ₹40 Lakh | Satisfied | |
| 30 Jan 2006 | 80060022 | The Akola Urban Co-Operative Bank Limited Akola | ₹75 Lakh | Satisfied |
To see the full charge records of Sharda Poly Colours Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sharda Poly Colours Private Limited has 14 court cases on record: 9 filed by Sharda Poly Colours, 5 filed against it. 1 case is pending and 13 are disposed.
Total cases
14
Filed by the company
9
Filed against the company
5
Pending
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 1 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Classic Solvents Pvt.Ltd | Disposed |
| District court, Nagpur, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ms Ramnikla Gosalia and Co. | Disposed |
| District court, Nagpur, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against individuals | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Sharda Poly Colours 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 Sharda Poly Colours Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sharda Poly Colours has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
4
Cancelled / inactive
4
To see the full GST registrations and return filing status of Sharda Poly Colours Private Limited, buy the company report.
Recent activity
Sharda Poly Colours Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Sameer Dnyaneshwar Hiwase ceased to be Director on 04 Feb 2014.
AGM
Sharda Poly Colours Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sharda Poly Colours Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 05 Nov 2012 via Charge ID 10388856 with The Akola Urban Cooperative Bank Limited was fully satisfied on 05 Nov 2015.
Charges
A charge registered on 02 Nov 2012 via Charge ID 10388862 with The Akola Urban Cooperative Bank Limited was fully satisfied on 05 Nov 2015.
Charges
A charge registered on 19 Oct 2012 via Charge ID 10388860 with The Akola Urban Cooperative Bank Limited was fully satisfied on 05 Nov 2015.
Charges
A charge registered on 22 Mar 2006 via Charge ID 80006406 with The Akola Urban Cooperative Bank Limited was fully satisfied on 05 Nov 2015.
Charges
A charge registered on 30 Jan 2006 via Charge ID 80060022 with The Akola Urban Co-Operative Bank Limited Akola was fully satisfied on 05 Nov 2015.
Charges
A charge registered on 28 Dec 2005 via Charge ID 80060021 with The Akola Urban Co-Operative Bank Limited Akola was fully satisfied on 05 Nov 2015.
Ceased
Sameer Dnyaneshwar Hiwase ceased to be Director.
Appointed
Yogita Manish Hiwase was appointed as Director.
Ceased
Prashant Dyaneshwar Hiwase ceased to be Additional Director.
Ceased
Manish Dyaneshwar Hiwase ceased to be Director.
10 earlier events are in the company report.
Frequently asked questions
Sharda Poly Colours is an active private limited company based in Nagpur, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 13 April 2005 (21+ years old) and is registered under CIN U24220MH2005PTC152634.
Sharda Poly Colours has 2 current directors:
- Yogita Manish Hiwase - Director
- Prashant Dyaneshwar Hiwase - Director
The latest financial statements of Sharda Poly Colours 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.
No. Sharda Poly Colours has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sharda Poly Colours is U24220MH2005PTC152634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharda Poly Colours has 14 court cases on record: 9 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Sharda Poly Colours was incorporated on 13 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Sameer Dnyaneshwar Hiwase ceased to be Director on 04 Feb 2014. Yogita Manish Hiwase was appointed as Director on 03 Feb 2014. Prashant Dyaneshwar Hiwase ceased to be Additional Director on 30 Sep 2013. Sharda Poly Colours has 7 board changes on record in total.
Yes, Sharda Poly Colours is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0003076).
Sharda Poly Colours can be reached through the website shardagrp.com. Its registered office is in Nagpur, Maharashtra, India.