About SL Polycoat Private Limited
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SL Polycoat Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 17 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U36900PN2015PTC155442. Its GSTIN is 27AAVCS8704P1Z9 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Babloo Somnath Mutale and Neetu Pankaj Mutale.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Daffodil Avenue S.No. 17/2/1 Bavdhan Khurd Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.21 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 3.1%) and EBITDA of ₹7.89 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 60% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.4 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website slpolycoat.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDaffodil Avenue S.No. 17/2/1 Bavdhan Khurd Pune, Maharashtra, India – 411021
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
- One PDF report, delivered after checkout
Business Activity of SL Polycoat Private Limited
The main business activity of SL Polycoat is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of SL Polycoat Private Limited FY 2024 filings available
SL Polycoat Private Limited reported revenue of ₹111.21 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of SL Polycoat Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 60% over five years, including 5% growth in the latest year. EBITDA fell 27% 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 of SL Polycoat Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹7.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.5 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of SL Polycoat Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SL Polycoat are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of SL Polycoat Private Limited
SL Polycoat Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P.C. Sons Castings Private Limited | ₹114.02 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Coimbatore, Tamil Nadu, India |
| Subir Engineering Works Pvt Ltd | ₹113.93 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Kolkata, West Bengal, India |
| Mpil Steel Structures Limited | ₹113.65 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Dee Gee Saw and Metal Works Private Limited | ₹113.64 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Toolfab Engineering Industries Private Limited | ₹113.63 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| SL Polycoat Private Limited this company | ₹111.21 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| SW Metaform Private Limited | ₹111.15 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Nashik, Maharashtra, India |
| Paramount Speciality Forgings Limited | ₹110.9 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| PSL Corrosion Control Services Limited | ₹108.33 Cr (FY 2019) | •••• | •••• | 37.0% | •••• | Daman, Daman and Diu, India |
| Anil Balaji Steel Private Limited | ₹107.33 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Domjur, West Bengal, India |
| Darpan Infrastructure Private Limited | ₹106.9 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Vapi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below SL Polycoat by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of SL Polycoat Private Limited
SL Polycoat Private Limited is audited by BALAJI R AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALAJI R AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of SL Polycoat Private Limited
SL Polycoat has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babloo Somnath Mutale | Director | 17 Jun 2015 | 11 Years 3 Months | Current |
| Neetu Pankaj Mutale | Director | 17 Jun 2015 | 11 Years 3 Months | Current |
Ownership and Shareholding of SL Polycoat Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of SL Polycoat Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2025 | Others | ₹10 Cr | Open |
| 30 Jan 2025 | Others | ₹3 Cr | Open |
| 26 Jun 2024 | Others | ₹3.4 Cr | Open |
| 15 Aug 2023 | Others | ₹5 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of SL Polycoat Private Limited
SL Polycoat Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Kanha Decals Private Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Mankiewicz India Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at SL Polycoat Private Limited
SL Polycoat Private Limited has a workforce of 95 employees as of Mar 26, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on SL Polycoat Private Limited
SL Polycoat Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Babloo Somnath Mutale was appointed as Director on 17 Jun 2015.
Credit Ratings, Litigation & Regulatory Alerts for SL Polycoat Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SL Polycoat Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SL Polycoat Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SL Polycoat Private Limited
SL Polycoat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS8704P1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 23AAVCS8704P1ZH | Madhya Pradesh | Active | 31 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SL Polycoat Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SL Polycoat Private Limited
SL Polycoat is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 17 June 2015 (11+ years old) and is registered under CIN U36900PN2015PTC155442.
SL Polycoat reported revenue of ₹111.21 Cr for FY 2025 (up 5% YoY).
SL Polycoat has 2 current directors:
- Babloo Somnath Mutale - Director
- Neetu Pankaj Mutale - Director
SL Polycoat reported a net profit of ₹3.5 Cr (net margin 3.1%) and EBITDA of ₹7.89 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of SL Polycoat is 52% over three years and 60% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of SL Polycoat is 27AAVCS8704P1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAVCS8704P1ZH (Madhya Pradesh).
The CIN (Corporate Identification Number) of SL Polycoat is U36900PN2015PTC155442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SL Polycoat has 4 court cases on record: 4 filed against it. 1 is pending.
SL Polycoat was incorporated on 17 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of SL Polycoat by revenue are P.C. Sons Castings Private Limited, Subir Engineering Works Pvt Ltd, Mpil Steel Structures Limited, Dee Gee Saw and Metal Works Private Limited, Toolfab Engineering Industries Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Babloo Somnath Mutale was appointed as Director on 17 Jun 2015. Neetu Pankaj Mutale was appointed as Director on 17 Jun 2015.