Silkflex Polymers (India) Limited

Silkflex Polymers (India) Limited - chemicals and materials in Howrah, West Bengal, India. FY 2026 financials & compliance.
CIN L51909WB2016PLC215739 Incorporated 13 May 2016 ROC Kolkata HQ Howrah, West Bengal, India
Active Listed Public Limited Company chemicals and materials
Data last updated
Market Cap
₹348 Cr
SILKFLEX-SM · NSE
Share Price
₹290.45
-3.23% today
Revenue
₹110 Cr
FY 2025-26 · +37.7% YoY
EBITDA
₹22.00 Cr
Margin 20.0%
Net Profit
₹12.13 Cr
FY 2025-26 · +73.3% YoY
P/E (TTM)
27.4x
P/B 7.0x
ROE
29.2%
ROCE 22.2%
Debt / Equity
1.19
Interest cover 21.8x

About Silkflex Polymers (India) Limited

Data last updated:

Silkflex Polymers (India) Limited is a public limited company based in Howrah, West Bengal, India. It operates in the colorants, dyes and pigments segment of the chemicals and materials sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L51909WB2016PLC215739. Its GSTIN is 19AAXCS0872L1ZF (West Bengal). The company holds 5 GST registrations, all of them active. It is a listed company.

The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹11.61 Cr. It is led by directors including Tushar Lalit Kumar Sanghavi (Managing Director) and Urmi Tushar Sanghavi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Daga Complex Sulati Jaladhulagori Sankrail, Howrah, West Bengal, India – 711302.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹110.18 Cr, a growth of 37.7% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Cr (net margin 11%) and EBITDA of ₹22 Cr (EBITDA margin 20%). The net worth stands at ₹47.55 Cr (up 33.5% YoY). Total assets are valued at ₹112.29 Cr (up 52.2% YoY).

The company is associated with 1 brand: Silkflex. As per MCA filings, the company has open charges of ₹60.38 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silkflexindia.in.

Company Details of Silkflex Polymers (India) Limited
CIN L51909WB2016PLC215739
Registration Number 215739
Incorporation Date 13 May 2016
ROC Kolkata
Listing Status Listed
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Tushar Lalit Kumar Sanghavi Managing Director Urmi Tushar Sanghavi Whole-Time Director Hardikkumar Dasharathbhai Patel Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Daga Complex Sulati Jaladhulagori Sankrail, Howrah, West Bengal, India – 711302
  • Industry
    Chemicals and Materials, Colorants, Dyes & Pigments
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Financials, compliance, directors, charges, ownership and filings for Silkflex Polymers (India) Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

CIN History of Silkflex Polymers (India) Limited

Silkflex Polymers (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909WB2016PLC215739, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51909WB2016PLC215739Current
U51909WB2016PTC215739Previous
U51909WB2016PLC215739Previous

Associated Brands with Silkflex Polymers (India) Limited

Silkflex Polymers (India) operates one associated brand: Silkflex. Each brand links to its own profile.

BrandDescriptionWebsite
Silkflex
Textile printing inks and wood-coating polymers are manufactured.silkflexindia.in

Business Activity of Silkflex Polymers (India) Limited

The main business activity of Silkflex Polymers (India) is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
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Board of Directors of Silkflex Polymers (India) Limited

Silkflex Polymers (India) has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hardikkumar Dasharathbhai Patel
Also directs: Nanta Tech Limited
Director23 Dec 20232 Years 9 MonthsCurrent
Urmi Tushar SanghaviWhole-Time Director22 Dec 20205 Years 9 MonthsCurrent
Tushar Lalit Kumar SanghaviManaging Director13 May 201610 Years 4 MonthsCurrent
Atanu BhuniyaDirector03 May 20233 Years 5 MonthsCurrent
Raj Nitin MehtaDirector25 Sep 20251 Years 0 MonthsCurrent
Krishan Kumar Jaisansariya
Also directs: Blue Water Logistics Limited
Additional Director25 Mar 20260 Years 6 MonthsCurrent
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Financials of Silkflex Polymers (India) Limited FY 2025-26 filings available

Silkflex Polymers (India) Limited reported revenue of ₹110.18 Cr (up 37.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹110 Cr
+37.7% YoY
EBITDA
₹22.00 Cr
+85.8% YoY
Profit After Tax
₹12.13 Cr
+73.3% YoY
Net Worth
₹47.55 Cr
+33.5% YoY
Total Assets
₹112 Cr
+52.2% YoY
Total Debt
₹62.46 Cr
+72.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11079.9950.2544.3027.8220.7520.52
Revenue growth+37.7%+59.2%+13.4%+59.2%+34.1%+1.1%-
EBITDA22.0011.847.172.401.621.250.81
EBITDA margin+20.0%+14.8%+14.3%+5.4%+5.8%+6.0%+4.0%
Profit before tax16.339.405.251.110.900.610.46
Net profit12.137.003.930.830.670.450.34
Net profit margin+11.0%+8.8%+7.8%+1.9%+2.4%+2.2%+1.7%
EPS (₹)10.476.034.843.322.742.212.32
Balance sheet
Total assets11273.7629.1821.8817.4511.368.34
Net worth47.5535.6212.278.337.385.132.74
Total debt62.4636.2715.1613.559.946.125.60
Cash & bank4.021.830.060.040.040.050.05
Net working capital39.8448.4015.1316.3312.706.995.60
Cash flow
Cash from operations29.15(23.54)8.58(0.95)(4.29)(0.17)(0.09)
Cash from investing(49.20)(11.57)(8.59)(1.17)(0.37)(1.49)(1.79)
Cash from financing22.0635.140.032.114.641.661.88
ParticularsMar 2026Dec 2025Sep 2025Mar 2025Dec 2024Mar 2024Dec 2023
Revenue39.0733.5418.8013.0331.8316.799.75
Revenue growth (YoY)+199.9%+5.4%--22.4%+226.5%--
Other income0.130.120.180.220.00(0.08)0.21
Total expenses30.0626.4315.9810.2528.7514.528.00
EBITDA9.017.112.822.783.082.271.75
EBITDA margin+23.1%+21.2%+15.0%+21.3%+9.7%+13.5%+17.9%
Depreciation1.080.580.110.140.05(0.25)0.24
Interest1.831.150.580.800.550.630.52
Profit before tax6.235.502.312.062.481.811.20
Tax1.571.440.580.660.620.440.39

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Oct 2026
ParticularsMar 2026Dec 2025Sep 2025Mar 2025Dec 2024Mar 2024Dec 2023
Revenue39.0733.5418.8013.0331.8316.799.75
Revenue growth (YoY)+199.9%+5.4%--22.4%+226.5%--
Other income0.130.120.180.220.00(0.08)0.21
Total expenses30.0626.4315.9810.2528.7514.528.00
EBITDA9.017.112.822.783.082.271.75
EBITDA margin+23.1%+21.2%+15.0%+21.3%+9.7%+13.5%+17.9%
Depreciation1.080.580.110.140.05(0.25)0.24
Interest1.831.150.580.800.550.630.52
Profit before tax6.235.502.312.062.481.811.20
Tax1.571.440.580.660.620.440.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11079.9950.2544.3027.8220.7520.52
Revenue growth+37.7%+59.2%+13.4%+59.2%+34.1%+1.1%-
Other income0.590.500.250.210.220.210.04
Total expenses88.1868.1543.0841.9026.2019.5019.71
Employee cost1.951.681.911.110.980.890.72
EBITDA22.0011.847.172.401.621.250.81
EBITDA margin+20.0%+14.8%+14.3%+5.4%+5.8%+6.0%+4.0%
Depreciation1.880.380.480.400.210.050.06
Interest4.382.561.691.100.730.800.33
Profit before tax16.339.405.251.110.900.610.46
Tax4.172.401.320.280.230.160.12
Net profit12.137.003.930.830.670.450.34
Net profit margin+11.0%+8.8%+7.8%+1.9%+2.4%+2.2%+1.7%
EPS (₹)10.476.034.843.322.742.212.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.6111.618.132.502.502.051.50
Reserves & surplus35.9424.014.145.834.883.081.24
Shareholders' funds (net worth)47.5535.6212.278.337.385.132.74
Secured loans50.0831.2914.3810.208.482.720.00
Unsecured loans12.384.980.783.351.463.405.60
Total debt62.4636.2715.1613.559.946.125.60
Total liabilities11273.7629.1821.8817.4511.368.34
Assets
Gross block69.8913.4012.574.813.851.651.35
Net block66.3711.7511.304.023.461.471.22
Capital work in progress6.065.090.930.000.001.150.00
Investments0.000.000.001.401.131.601.38
Inventories29.4730.1316.2514.6411.195.224.06
Sundry debtors19.5610.135.842.102.212.772.29
Cash & bank balances4.021.830.060.040.040.050.05
Loans & advances5.8715.222.131.391.500.730.51
Total current assets58.9257.3124.2818.1714.948.776.91
Total current liabilities19.088.919.151.842.241.781.31
Net working capital39.8448.4015.1316.3312.706.995.60
Total assets11273.7629.1821.8817.4511.368.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.090.060.040.040.050.050.06
Net cash from operating activities29.15(23.54)8.58(0.95)(4.29)(0.17)(0.09)
Net cash from investing activities(49.20)(11.57)(8.59)(1.17)(0.37)(1.49)(1.79)
Net cash from financing activities22.0635.140.032.114.641.661.88
Net change in cash2.000.030.020.00(0.01)0.000.00
Closing cash4.021.830.060.040.040.050.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+37.7%+59.2%+13.4%+59.2%+34.1%+1.1%-
EBITDA growth+85.8%+65.1%+198.8%+48.2%+29.6%+54.3%-
PBT growth+73.7%+79.1%+373.0%+23.3%+47.5%+32.6%+9997.0%
Net income growth+73.3%+78.1%+373.5%+23.9%+48.9%+32.4%-
Revenue CAGR (3Y)+35.5%+42.2%+34.3%+29.2%---
EBITDA CAGR (3Y)+109.3%+94.1%+79.0%+43.6%---
Profitability & leverage
Net income margin+11.0%+8.8%+7.8%+1.9%+2.4%+2.2%+1.7%
Return on capital employed+22.3%+23.2%+27.2%+11.2%+11.5%+14.2%+9.6%
Return on net worth+29.2%+29.2%+38.2%+10.6%+11.0%+11.4%+12.8%
Debt / equity1.191.071.391.491.281.492.04
Long-term debt / equity0.650.380.150.260.490.720.58
Interest cover21.7722.3425.2655.0051.7766.6744.00
Efficiency & per share
Fixed asset turnover2.656.165.7810.2310.1213.8315.20
Inventory turnover3.703.453.253.433.394.475.05
Debtors turnover7.4210.0212.6620.5611.178.208.96
EPS (₹)10.476.034.843.322.742.212.32
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)40.9630.6815.0933.3229.5224.9918.27
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Charges & Borrowings of Silkflex Polymers (India) Limited

Open charges
₹60.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹60.38 Cr
Latest charge details
DateLenderAmountStatus
03 Jul 2025Others₹31 LakhOpen
01 Aug 2023Others₹31.56 LakhOpen
18 Mar 2017Others₹59.75 CrOpen

Total charge records: 3 View all charges

Employees and EPFO Compliance at Silkflex Polymers (India) Limited

Employment history and EPFO contributions of people linked to Silkflex Polymers (India).

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Silkflex Polymers (India) Limited

Silkflex Polymers (India) has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
19AAXCS0872L1ZFWest BengalActive01 Jul 2017
33AAXCS0872L1ZPTamil NaduActive01 Jul 2017
03AAXCS0872L1ZSPunjabActive27 Dec 2019
24AAXCS0872L1ZOGujaratActive11 Mar 2020
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Silkflex Polymers (India) Limited

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MSME Payment Delays by Silkflex Polymers (India) Limited

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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Silkflex Polymers (India) Limited

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MCA Filings & Documents of Silkflex Polymers (India) Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Recent Activity on Silkflex Polymers (India) Limited

Charges
27 Aug 2026
A charge with Others of Rs. 59.75 Cr registered on 18 Mar 2017 with Charge ID 100085562 was modified on 27 Aug 2026.
Directors
25 Mar 2026
Krishan Kumar Jaisansariya was appointed as a Additional Director on 25 Mar 2026 & has been associated with this company since 6 months 14 days.
Activity
25 Sep 2025
Silkflex Polymers (India) Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Directors
25 Sep 2025
Raj Nitin Mehta was appointed as a Director on 25 Sep 2025 & has been associated with this company since 1 year 11 days.
Charges
03 Jul 2025
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101120981 was registered on 03 Jul 2025.
Activity
31 Mar 2025
Silkflex Polymers (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata Ii.

Frequently Asked Questions about Silkflex Polymers (India) Limited

Silkflex Polymers (India) is an active public limited company based in Howrah, West Bengal, India. The company works in colorants, dyes and pigments, within the chemicals and materials industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN L51909WB2016PLC215739.

Silkflex Polymers (India) reported revenue of ₹110.18 Cr for FY 2025-26 (up 37.7% YoY) based on standalone financials.

Silkflex Polymers (India) has 6 current directors:

The GSTIN of Silkflex Polymers (India) is 19AAXCS0872L1ZF, registered in West Bengal. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 33AAXCS0872L1ZP (Tamil Nadu), 03AAXCS0872L1ZS (Punjab), 24AAXCS0872L1ZO (Gujarat).

The CIN (Corporate Identification Number) of Silkflex Polymers (India) is L51909WB2016PLC215739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Silkflex Polymers (India) is a listed company.

Silkflex Polymers (India) was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.

Silkflex Polymers (India) can be reached through the website silkflexindia.in. Its registered office is in Howrah, West Bengal, India.

The registered office of Silkflex Polymers (India) is at Daga Complex Sulati Jaladhulagori Sankrail, Howrah, West Bengal, India – 711302.

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