Sitaram Polyplast Private Limited

Sitaram Polyplast Private Limited - manufacturing in Giridih, Jharkhand, India. FY 2026 financials & compliance.
CIN U27106JH2004PTC010574 Incorporated 05 February 2004 ROC Ranchi HQ Giridih, Jharkhand, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹20.49 Cr
▲ 23% YoY
Net profit · FY 2025
₹22.52 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 4.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹55.35 Lakh
Issued & subscribed
Open charges
₹2.66 Cr
Satisfied ₹2.25 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
20
Provident fund records

About Sitaram Polyplast Private Limited

Data last updated:

Sitaram Polyplast Private Limited is a private limited company based in Giridih, Jharkhand, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 February 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27106JH2004PTC010574. Its GSTIN is 20AAICS0028D1Z4 (Jharkhand). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.35 Lakh. It was formerly known as Sitaram Steel Private Limited. It is led by directors Arvind Rajgarhia and Mayank Rajgarhia.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sirsia Giridih, Jharkhand, India – 815301.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.49 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹22.52 Lakh (net margin 1.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.66 Cr and satisfied charges of ₹2.25 Cr on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 9 cases are pending.

Sitaram Polyplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-08-0000540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitaramgroup.co.in.

Company details

CIN U27106JH2004PTC010574
Registration Number 010574
Incorporation Date 05 February 2004
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-JH-08-0000540

CIN history

Sitaram Polyplast has one previous CIN (Corporate Identification Number): U00330BR2004PTC010574. The current CIN is U27106JH2004PTC010574, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27106JH2004PTC010574Current
U00330BR2004PTC010574Previous

Recognitions & Rankings of Sitaram Polyplast

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-JH-08-0000540

Contact details

Sitaram Polyplast Private Limited's registered office is in Giridih, Jharkhand. Its website is sitaramgroup.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Sirsia Giridih, Jharkhand, India – 815301
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Sitaram Polyplast Private Limited, buy the company report.

Comprehensive company report
Sitaram Polyplast Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Sitaram Polyplast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Sitaram Polyplast Private Limited, buy the company report.

Financials of Sitaram Polyplast Private Limited

FY 2025 filings available

Sitaram Polyplast Private Limited reported revenue of ₹20.49 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹20.49 Cr ▲ 23%
Net profit · FY 2025
₹22.52 Lakh margin 1.1%
EBITDA · FY 2025
₹1.01 Cr margin 4.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 16%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.01 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.52 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.9%
Net Profit Margin1.1%
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

To see the full financial statements and ratios of Sitaram Polyplast Private Limited, buy the company report.

Board of directors of Sitaram Polyplast Private Limited

Sitaram Polyplast has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind RajgarhiaDirector05 Feb 200422 Years 8 MonthsCurrent
Mayank RajgarhiaDirector03 Oct 201214 Years 0 MonthsCurrent

Peer comparison

Sitaram Polyplast Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shivam Polytubes Private Limited₹20.77 Cr (FY 2025)-5.0%Patna, Bihar, India
Aquacon Resourcing Private Limited₹20.66 Cr (FY 2025)-53.0%Panchkula, Haryana, India
Sitaram Polyplast Private Limitedthis company₹20.49 Cr (FY 2025)₹22.52 Lakh1.1%23.0%20Giridih, Jharkhand, India
Dewa Polymers Private Limited₹20.41 Cr (FY 2025)-67.0%Guwahati, Assam, India
Aquachem Industries Private Limited₹19.62 Cr (FY 2024)-21.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Sitaram Polyplast Private Limited, buy the company report.

Auditor

Sitaram Polyplast Private Limited is audited by KEDIA AGARWAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KEDIA AGARWAL & ASSOCIATESFY 2023316089E

Shareholding

The shareholding of Sitaram Polyplast 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sitaram Polyplast Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.66 Cr
Satisfied charges
₹2.25 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.66 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 2025101064420Axis Bank Limited₹15.93 LakhOpen
13 Aug 2020100358098Axis Bank Limited₹2.5 CrOpen
14 Dec 201010263787Indian Overseas Bank₹2.25 CrSatisfied

To see the full charge records of Sitaram Polyplast Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sitaram Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Sitaram Polyplast Private Limited has a workforce of 20 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
5.26%

GST

Sitaram Polyplast has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
20AAICS0028D1Z4JharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Sitaram Polyplast Private Limited, buy the company report.

Recent activity

Sitaram Polyplast Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Laxmikant Rajgarhia ceased to be Director on 16 Sep 2015.

AGM
Sitaram Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sitaram Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101064420 was registered on 10 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 2.50 Cr registered on 13 Aug 2020 with Charge ID 100358098 was modified on 22 Mar 2021.
Charges
A charge registered on 14 Dec 2010 via Charge ID 10263787 with Indian Overseas Bank was fully satisfied on 04 Sep 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100358098 was registered on 13 Aug 2020.
Charges
A charge with Indian Overseas Bank of Rs. 2.25 Cr registered on 14 Dec 2010 with Charge ID 10263787 was modified on 21 Mar 2018.
Ceased
Laxmikant Rajgarhia ceased to be Director.
Ceased
Rajiv Rajgarhia ceased to be Director.
Appointed
Mayank Rajgarhia was appointed as Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 2.25 Cr with Charge ID 10263787 was registered on 14 Dec 2010.
Appointed
Arvind Rajgarhia was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Sitaram Polyplast is an active private limited company based in Giridih, Jharkhand, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 February 2004 (22+ years old) and is registered under CIN U27106JH2004PTC010574.

Sitaram Polyplast has 2 current directors:

The latest financial statements of Sitaram Polyplast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sitaram Polyplast is 20AAICS0028D1Z4, registered in Jharkhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Sitaram Polyplast is U27106JH2004PTC010574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sitaram Polyplast has 10 court cases on record: 9 filed by the company and 1 filed against it. 9 are pending. Most are in the district courts.

Sitaram Polyplast was incorporated on 05 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ranchi.

The peers of Sitaram Polyplast by revenue are Shivam Polytubes Private Limited, Aquacon Resourcing Private Limited, Dewa Polymers Private Limited, Aquachem Industries Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Laxmikant Rajgarhia ceased to be Director on 16 Sep 2015. Rajiv Rajgarhia ceased to be Director on 30 Dec 2013. Mayank Rajgarhia was appointed as Director on 03 Oct 2012. Sitaram Polyplast has 4 board changes on record in total.

Yes, Sitaram Polyplast is registered as a small enterprise under Udyam registration (number: UDYAM-JH-08-0000540).

Sitaram Polyplast can be reached through the website sitaramgroup.co.in. Its registered office is in Giridih, Jharkhand, India.