Shirish Polychem Private Limited
About Shirish Polychem Private Limited
Data last updated:
Shirish Polychem Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 03 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2007PTC167497. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.27 Cr. It is led by directors Anita Shirish Kandi and Shirish Rangnathrao Kandi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. C – 11 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.49 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹15.87 Lakh and EBITDA of -₹3.95 Lakh (EBITDA margin -264.3%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 71% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.73 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shirish Polychem Private Limited's registered office is in Aurangabad, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. C – 11 MIDC Waluj, Aurangabad, Maharashtra, India – 431136
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Shirish Polychem 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 Shirish Polychem 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 Shirish Polychem Private Limited, buy the company report.
Financials of Shirish Polychem Private Limited
FY 2021 filings availableShirish Polychem Private Limited reported revenue of ₹1.49 Lakh (down 96% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 96% fall in the latest year. EBITDA rose 67% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.49 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -264.3% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shirish Polychem Private Limited, buy the company report.
Board of directors of Shirish Polychem Private Limited
Shirish Polychem 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 |
|---|---|---|---|---|
| Anita Shirish Kandi | Director | 03 Feb 2007 | 19 Years 8 Months | Current |
| Shirish Rangnathrao Kandi | Director | 03 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Shirish Polychem Private Limited is audited by R D JAISWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D JAISWAL & CO | FY 2021 | 125831W |
Shareholding
The shareholding of Shirish Polychem Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shirish Polychem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2013 | 10432461 | The Cosmos Co-Op Bank Limited | ₹50 Lakh | Open | |
| 04 Sep 2012 | 10376909 | The Cosmos Co-Op Bank Limited | ₹25 Lakh | Open | |
| 27 Aug 2012 | 10373481 | The Cosmos Co - Operative Bank Limited | ₹50 Lakh | Open | |
| 13 Jan 2012 | 10333128 | The Cosmos Co-Operative Bank Limited | ₹25 Lakh | Open | |
| 26 Dec 2011 | 10325905 | The Cosmos Co - Operative Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Shirish Polychem Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Shirish Polychem Private Limited has 10 court cases on record: 6 filed by Shirish Polychem, 4 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Maharashtra State Electricity Distribution Company Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and Others | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M A ULP Recvry) | Filed against the company by individuals | Disposed |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Shirish Polychem 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 Shirish Polychem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shirish Polychem Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shirish Polychem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shirish Polychem Private Limited, buy the company report.
Recent activity
Shirish Polychem Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Achala Deepak Kandi ceased to be Director on 31 Mar 2012.
6 earlier events are in the company report.
Frequently asked questions
Shirish Polychem is an active private limited company based in Aurangabad, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 03 February 2007 (19+ years old) and is registered under CIN U25209MH2007PTC167497.
Shirish Polychem has 2 current directors:
- Anita Shirish Kandi - Director
- Shirish Rangnathrao Kandi - Director
The latest financial statements of Shirish Polychem on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Shirish Polychem has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shirish Polychem is U25209MH2007PTC167497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shirish Polychem has 10 court cases on record: 6 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Shirish Polychem was incorporated on 03 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Achala Deepak Kandi ceased to be Director on 31 Mar 2012. Anita Shirish Kandi was appointed as Director on 03 Feb 2007. Shirish Rangnathrao Kandi was appointed as Director on 03 Feb 2007.
The registered office of Shirish Polychem is at Plot No. C – 11 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.
Shirish Polychem operates in the manufacturing industry, in the plastic-based products segment.