About Shri Sara Polymers Private Limited
Data last updated:
Shri Sara Polymers Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 21 February 2006.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN2006PTC058937. Its GSTIN is 33AAJCS6694N1ZJ (Tamil Nadu). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors including Gayathri Raghu and Jayasankar Palani.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No.32 Block B Swamy Street Muthupalaniyappa Nagar Nagalkeni Chrompet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2022, the company reported a revenue of ₹75.56 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 1.4%) and EBITDA of ₹1.66 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹9.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is sarapolymers.com.
Company details
CIN history
Shri Sara Polymers has one previous CIN (Corporate Identification Number): U72200TN2006PTC058937. The current CIN is U25209TN2006PTC058937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209TN2006PTC058937 | Current |
| U72200TN2006PTC058937 | Previous |
Contact details
Shri Sara Polymers Private Limited's registered office is in Chennai, Tamil Nadu. Its website is sarapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.32 Block B Swamy Street Muthupalaniyappa Nagar Nagalkeni Chrompet, Chennai, Tamil Nadu, India – 600044
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Shri Sara Polymers 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
Financials of Shri Sara Polymers Private Limited
FY 2023 filings availableShri Sara Polymers Private Limited reported revenue of ₹75.56 Cr (up 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 23% growth in the latest year. EBITDA rose 37% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current 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 Shri Sara Polymers Private Limited, buy the company report.
Board of directors of Shri Sara Polymers Private Limited
Shri Sara Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayathri Raghu Also directs: Kanna Color Concepts LLP | Director | 21 Feb 2006 | 20 Years 8 Months | As last reported |
| Jayasankar Palani Also directs: Shri Sara Polymers LLP | Director | 21 Feb 2006 | 20 Years 8 Months | As last reported |
| Radhika Ramesh Also directs: Kanna Chemie LLP | Director | 01 Mar 2008 | 18 Years 8 Months | As last reported |
Auditor
Shri Sara Polymers Private Limited is audited by V KRISHNAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V KRISHNAN & CO | FY 2022 | 001541S |
Shareholding
The shareholding of Shri Sara Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shri Sara Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2016 | 100077279 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Cr | Satisfied | |
| 26 Apr 2007 | 10055288 | State Bank of India | ₹1.9 Cr | Satisfied |
To see the full charge records of Shri Sara Polymers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shri Sara Polymers Private Limited has 1 court case on record: 1 filed by Shri Sara Polymers. All case is disposed.
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, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Shri Sara Polymers 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 Shri Sara Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shri Sara Polymers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS6694N1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAJCS6694N1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Sara Polymers Private Limited, buy the company report.
Recent activity
Shri Sara Polymers Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Radhika Ramesh was appointed as Director on 01 Mar 2008.
Frequently asked questions
Shri Sara Polymers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Shri Sara Polymers was a private limited company based in Chennai, Tamil Nadu, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 21 February 2006 and is registered under CIN U25209TN2006PTC058937. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Shri Sara Polymers is U25209TN2006PTC058937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Sara Polymers had 3 directors:
- Gayathri Raghu - Director
- Jayasankar Palani - Director
- Radhika Ramesh - Director
Shri Sara Polymers was incorporated on 21 February 2006. It is registered with the Registrar of Companies, Chennai.
Shri Sara Polymers can be reached through the website sarapolymers.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Shri Sara Polymers is at No.32 Block B Swamy Street Muthupalaniyappa Nagar Nagalkeni Chrompet, Chennai, Tamil Nadu, India – 600044.
The latest financial statements of Shri Sara Polymers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shri Sara Polymers is 33AAJCS6694N1ZJ, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAJCS6694N1Z8 (Karnataka).
Shri Sara Polymers operated in the chemicals and materials industry, in the chemical distribution and retail segment.
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