About Shin-Etsu Polymer India Private Limited
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Shin-Etsu Polymer India Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India, a subsidiary of Shin-Etsu Polymer Singapore Pte Ltd. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 01 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29299TN2007PTC064928. Its GSTIN is 33AALCS2482E1ZE (Tamil Nadu).
The company has an authorised share capital of ₹124.5 Cr and a paid-up capital of ₹124.5 Cr. It is led by directors including Tsutomu Honzawa and Osamu Kowada.
Its last annual general meeting (AGM) was held on 04 April 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹103.15 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 2.3%) and EBITDA of ₹17.53 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 558 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shin-Etsu Polymer. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹61.99 Cr; the latest was in November 2019. Its 8 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Onassis Auto Limited with revenue of ₹108.3 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 337 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shinpoly.co.jp.
Company details
Contact details
Shin-Etsu Polymer India Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is shinpoly.co.jp. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.Oz – 12 Hitech SEZ Sipcot Industrial Growth Centre Orangad, Am, Sriperumbudur, Tamil Nadu, India – 602105
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Shin-Etsu Polymer 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
Brands
Shin-Etsu Polymer India operates one associated brand: Shin-Etsu Polymer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| PVC and semiconductor silicone products are developed and supplied. | shinpoly.co.jp |
Financials of Shin-Etsu Polymer India Private Limited
FY 2024 filings availableShin-Etsu Polymer India Private Limited reported revenue of ₹103.15 Cr (down 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 59% 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 | ₹103.15 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.41 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shin-Etsu Polymer India Private Limited, buy the company report.
Board of directors and KMP of Shin-Etsu Polymer India Private Limited
Shin-Etsu Polymer India Private Limited currently reports 4 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tsutomu Honzawa | Director | 26 Apr 2021 | 5 Years 6 Months | Current |
| Osamu Kowada | Director | 22 Aug 2008 | 18 Years 2 Months | Current |
| Ritu Singh | Company Secretary | 02 Jan 2012 | 14 Years 10 Months | Current |
| Hiroshi Imai | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
| Daisuke Okuhara | Additional Director | 28 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Shin-Etsu Polymer India Private Limited is compared with the 8 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Onassis Auto Limited | ₹108.3 Cr (FY 2025) | 109.0% | Gurgaon, Haryana, India | |||
| Aisan Industry India Private Limited | ₹108.24 Cr (FY 2022) | 7.0% | Gurgaon, Haryana, India | |||
| Shri Ganesh Foundry Private Limited | ₹107.79 Cr (FY 2019) | 3.0% | Ichalkaranji, Maharashtra, India | |||
| Owari Precision Products (India) Private Limited | ₹107.08 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Jay Switches (India) Private Limited | ₹106.91 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Federal-Mogul Sealings India Limited | ₹106.79 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Siara Engineering Private Limited | ₹106.43 Cr (FY 2025) | -8.0% | Pune, Maharashtra, India | |||
| Millennium Technotools Private Limited | ₹106.21 Cr (FY 2023) | 37.0% | New Delhi, Delhi, India | |||
| Shin-Etsu Polymer India Private Limitedthis company | ₹103.15 Cr (FY 2023) | ₹2.41 Cr | 2.3% | -4.0% | 558 | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of Shin-Etsu Polymer India Private Limited, buy the company report.
Auditor
Shin-Etsu Polymer India Private Limited is audited by ASA & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & Associates LLP | FY 2023 | 009571N/N500006 |
Shareholding
The shareholding of Shin-Etsu Polymer India 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 Shin-Etsu Polymer India Private Limited, buy the company report.
Deals & funding
Shin-Etsu Polymer India Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹61.99 Cr; the latest was in November 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Rights issue | ₹62.5 Cr | Investors: Shin Etsu Polymer Singapore Pte Limited, an individual |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: Shin Etsu Polymer Singapore Pte Limited Seller: Mitsubishi Corporation India Private Limited , Mitsubishi Corporation |
| Dec 2012 | Funding round | ₹14 Cr | Investors: Shin Etsu Polymer Singapore Pte Limited |
| Oct 2009 | Funding round | ₹19.05 Cr | Investors: Shin Etsu Polymer Singapore Pte Limited, Shinetsu Polymer Company Limited |
| Feb 2008 | Funding round | ₹28.94 Cr | Investors: Mitsubishi Corporation, Shinetsu Polymer Company Limited, Mitsubishi Corporation India Private Limited |
To see the full deal history of Shin-Etsu Polymer India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shin-Etsu Polymer India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Shin-Etsu Polymer India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 337 overdue payments to 21 micro and small suppliers. 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 (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S R B R & Associates LLP | |||
| Shansco Packaging | |||
| Expert Value Pack LLP | |||
| an individual supplier | |||
| Suntech Icom Services P Ltd |
To see the full MSME payment records of Shin-Etsu Polymer India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shin-Etsu Polymer India Private Limited has a workforce of 558 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Shin-Etsu Polymer India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCS2482E1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shin-Etsu Polymer India Private Limited, buy the company report.
Recent activity
Shin-Etsu Polymer India Private Limited has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Daisuke Okuhara was appointed as Additional Director on 28 Apr 2025.
12 earlier events are in the company report.
News
Frequently asked questions
Shin-Etsu Polymer India is an active private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 01 October 2007 (19+ years old) and is registered under CIN U29299TN2007PTC064928.
Shin-Etsu Polymer India has 5 current directors and KMP:
- Tsutomu Honzawa - Director
- Osamu Kowada - Director
- Hiroshi Imai - Director
- Daisuke Okuhara - Additional Director
- Ritu Singh - Company Secretary
The latest financial statements of Shin-Etsu Polymer India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 04 April 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shin-Etsu Polymer India is 33AALCS2482E1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Shin-Etsu Polymer India is U29299TN2007PTC064928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shin-Etsu Polymer India was incorporated on 01 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Shin-Etsu Polymer India has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹61.99 Cr; the latest was in November 2019.
The peers of Shin-Etsu Polymer India by revenue are Onassis Auto Limited, Aisan Industry India Private Limited, Shri Ganesh Foundry Private Limited, Owari Precision Products (India) Private Limited, Jay Switches (India) Private Limited and 3 more, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Daisuke Okuhara was appointed as Additional Director on 28 Apr 2025. Tsutomu Honzawa ceased to be Director on 04 Apr 2025. Hiroshi Imai ceased to be Additional Director on 03 Apr 2025. Shin-Etsu Polymer India has 21 board changes on record in total.
Shin-Etsu Polymer India has 14 MSME Form 1 returns on record between 2019 and 2024, listing 337 overdue payments to 21 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Shin-Etsu Polymer India can be reached through the website shinpoly.co.jp. Its registered office is in Sriperumbudur, Tamil Nadu, India.
The registered office of Shin-Etsu Polymer India is at Plot No.Oz – 12 Hitech SEZ Sipcot Industrial Growth Centre Orangad, Am, Sriperumbudur, Tamil Nadu, India – 602105.
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