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.
Company details
Contact details
SL Polycoat Private Limited's registered office is in Pune, Maharashtra. Its website is slpolycoat.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDaffodil Avenue S.No. 17/2/1 Bavdhan Khurd Pune, Maharashtra, India – 411021
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of SL Polycoat 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 SL Polycoat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of SL Polycoat Private Limited, buy the company report.
Financials of SL Polycoat Private Limited
FY 2024 filings availableSL Polycoat Private Limited reported revenue of ₹111.21 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.89 Cr | ||||
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| Net Profit (PAT) | ₹3.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of SL Polycoat Private Limited, buy the company report.
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 4 Months | Current |
| Neetu Pankaj Mutale | Director | 17 Jun 2015 | 11 Years 4 Months | Current |
Peer comparison
SL Polycoat Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| 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 | |||
| Mpil Steel Structures Limited | ₹113.65 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Toolfab Engineering Industries Private Limited | ₹113.63 Cr (FY 2024) | -14.0% | Tiruchirappalli, Tamil Nadu, India | |||
| SL Polycoat Private Limitedthis company | ₹111.21 Cr (FY 2025) | ₹3.5 Cr | 3.1% | 5.0% | 95 | Pune, Maharashtra, India |
To see the full peer comparison of SL Polycoat Private Limited, buy the company report.
Auditor
SL Polycoat Private Limited is audited by BALAJI R AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAJI R AND ASSOCIATES | FY 2023 | 131888W |
Shareholding
The shareholding of SL Polycoat 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SL Polycoat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2025 | 101094841 | Others | ₹10 Cr | Open | |
| 30 Jan 2025 | 101041343 | Others | ₹3 Cr | Open | |
| 26 Jun 2024 | 100950328 | Others | ₹3.4 Cr | Open | |
| 15 Aug 2023 | 100801449 | Others | ₹5 Cr | Open |
To see the full charge records of SL Polycoat Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
SL Polycoat Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
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 Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Mankiewicz India Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of SL Polycoat 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 SL Polycoat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SL Polycoat Private Limited has a workforce of 95 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of SL Polycoat Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Babloo Somnath Mutale - Director
- Neetu Pankaj Mutale - Director
The latest financial statements of SL Polycoat on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
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, Mpil Steel Structures Limited, Toolfab Engineering Industries Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Babloo Somnath Mutale was appointed as Director on 17 Jun 2015. Neetu Pankaj Mutale was appointed as Director on 17 Jun 2015.
SL Polycoat can be reached through the website slpolycoat.in. Its registered office is in Pune, Maharashtra, India.
The registered office of SL Polycoat is at Daffodil Avenue S.No. 1721 Bavdhan Khurd Pune, Maharashtra, India – 411021.
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