About Shaya Polymers Limited
Data last updated:
Shaya Polymers Limited is a public limited company based in Sriperumbudur, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 08 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24100TN2017PLC115377. Its GSTIN is 33AAYCS2908J1ZV (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹23.54 Cr. It is led by directors including Ram Sai Yelamanchili (Managing Director) and Trivellore Kesavan Premkumar.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E4 Sipcot Industrial Park, Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.97 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.73 Cr (net margin 14.9%) and EBITDA of ₹7.21 Cr (EBITDA margin 28.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 35% over five years.
The company has about 40 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Shaya Polymers Limited. As per MCA filings, the company has open charges of ₹71.14 Cr and satisfied charges of ₹18.91 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021. Its 10 peer companies in the Chemicals industry (Industrial Chemicals, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is N K Organic Inorganic Industries Private Limited with revenue of ₹25.08 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shayapolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. E4 Sipcot Industrial Park, Irrungattukottai, Sriperumbudur, Tamil Nadu, India – 602117
- IndustryChemicals and Materials, Industrial Chemicals
- 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 Shaya Polymers Limited
The main business activity of Shaya Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical 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 Shaya Polymers Limited FY 2025 filings available
Shaya Polymers Limited reported revenue of ₹24.97 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shaya Polymers Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 1% growth in the latest year. EBITDA rose 102% 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 Shaya Polymers 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 | ₹7.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.73 Cr | •••• | •••• | •••• | •••• |
| 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 Shaya Polymers Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Shaya Polymers are in the company report.
Financial statements from FY 2017
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 Shaya Polymers Limited
Shaya Polymers Limited is compared with the companies closest to it by revenue in the Chemicals industry (Industrial Chemicals, 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 |
|---|---|---|---|---|---|---|
| N K Organic Inorganic Industries Private Limited | ₹25.08 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Kanpur, Uttar Pradesh, India |
| Jaiwik Biotech Private Limited | ₹25.08 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Jaipur, Rajasthan, India |
| Jindo Sriram Eco Chemicals Private Limited | ₹25 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Denkanikottai, Tamil Nadu, India |
| Shanmugha Salt and Chemicals Private Limited | ₹24.99 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Erode, Tamil Nadu, India |
| Santram Pharma Private Limited | ₹24.98 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Vadodara, Gujarat, India |
| Shaya Polymers Limited this company | ₹24.97 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Accusynth Speciality Chemicals Private Limited | ₹24.9 Cr (FY 2020) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| 3Ak Chemie Private Limited | ₹24.9 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Hyderabad, Telangana, India |
| Tara Mercantile Private Limited | ₹24.87 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Jai Shri Mahavir Chem Polymers Private Limited | ₹24.86 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Synthesis Healthcare and Infosystems Private Limited | ₹24.77 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Shaya Polymers by revenue in the Chemicals industry (Industrial Chemicals, 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 Shaya Polymers Limited
Shaya Polymers Limited is audited by Elangovan & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Elangovan & 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 and KMP of Shaya Polymers Limited
Shaya Polymers Limited currently reports 8 directors and 2 key managerial personnel. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Trivellore Kesavan Premkumar | Director | 27 Mar 2024 | 2 Years 6 Months | Current |
| Srinivasa Sumanth Takkellapati Also directs: Shaya Adhesives Private Limited, Icol Chemicals Private Limited, Shaya Polyurethanes Private Limited and 2 more | Director | 25 Jan 2022 | 4 Years 8 Months | Current |
| Vani Takkellapati | Director | 25 Jan 2022 | 4 Years 8 Months | Current |
| Vasudevan Srinivasan | Ceo | 12 May 2025 | 1 Years 5 Months | Current |
| Muthukumaran Jayaraman | Director | 27 Mar 2024 | 2 Years 6 Months | Current |
| Sireesha Yelamanchili | Cfo | 18 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Shaya Polymers 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 Shaya Polymers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2024 | Sidbi | ₹26.17 Cr | Open |
| 14 May 2024 | Others | ₹35.85 Lakh | Open |
| 21 Dec 2023 | Hdfc Bank Limited | ₹44.61 Cr | Open |
| 27 Feb 2025 | Sidbi | ₹6.2 Cr | Satisfied |
| 08 Jun 2022 | Sidbi | ₹5 Cr | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Shaya Polymers Limited
Shaya Polymers Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹4 Cr | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shaya Polymers Limited
Shaya Polymers Limited has 1 court case on record: 1 filed by Shaya Polymers. All case is disposed. Status as checked on 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against Softurf Enterprises Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Shaya Polymers Limited
Shaya Polymers operates one associated brand: Shaya Polymers Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of foams, adhesives, chemicals, and components for automotive and furniture sectors. | shayapolymers.com |
Employees and EPFO Compliance at Shaya Polymers Limited
Shaya Polymers Limited has a workforce of 40 employees as of Jan 28, 2025.
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.
Group Structure of Shaya Polymers Limited
Shaya Polymers has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shaya Adhesives Private Limited | U24110TN2019PTC129012 | Locked |
| Shaya Polyurethanes Private Limited | U24290TN2017PTC115379 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Shaya Polymers Limited
Shaya Polymers has one previous CIN (Corporate Identification Number): U24100TN2017PTC115377. The current CIN is U24100TN2017PLC115377, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TN2017PLC115377 | Current |
| U24100TN2017PTC115377 | Previous |
Recent Activity on Shaya Polymers Limited
Shaya Polymers Limited has 15 board changes on record since 2017: 11 appointments and 4 cessations. The latest: Muthukrishnan Ravi was appointed as Additional Director on 27 Nov 2025.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shaya Polymers 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 Shaya Polymers 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 Shaya Polymers 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 Shaya Polymers Limited
Shaya Polymers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYCS2908J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAYCS2908J1ZK | Karnataka | Active | 29 Dec 2018 |
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 Shaya Polymers 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 Shaya Polymers Limited
Shaya Polymers is an active public limited company based in Sriperumbudur, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U24100TN2017PLC115377.
Shaya Polymers reported revenue of ₹24.97 Cr for FY 2024 (up 1% YoY).
Shaya Polymers has 10 current directors and KMP:
- Ram Sai Yelamanchili - Managing Director
- Trivellore Kesavan Premkumar - Director
- Srinivasa Sumanth Takkellapati - Director
- Vani Takkellapati - Director
- Muthukumaran Jayaraman - Director
- Venkatraghavan Gnanasambandam - Director
- Dharmendra Sundara Babu - Additional Director
- Muthukrishnan Ravi - Additional Director
- Vasudevan Srinivasan - Ceo
- Sireesha Yelamanchili - Cfo
Shaya Polymers reported a net profit of ₹3.73 Cr (net margin 14.9%) and EBITDA of ₹7.21 Cr (EBITDA margin 28.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shaya Polymers is 31% over three years and 35% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shaya Polymers is 33AAYCS2908J1ZV, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAYCS2908J1ZK (Karnataka).
The CIN (Corporate Identification Number) of Shaya Polymers is U24100TN2017PLC115377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaya Polymers has 1 court case on record: 1 filed by the company.
Shaya Polymers was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Shaya Polymers has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021.
The peers of Shaya Polymers by revenue are N K Organic Inorganic Industries Private Limited, Jaiwik Biotech Private Limited, Jindo Sriram Eco Chemicals Private Limited, Shanmugha Salt and Chemicals Private Limited, Santram Pharma Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals, Polymers).