Soltek Polymers Private Limited

Soltek Polymers Private Limited - consumer goods in Kozhikode, Kerala, India. FY 2026 financials & compliance.
CIN U24134KL1998PTC012600 Incorporated 18 November 1998 ROC Ernakulam HQ Kozhikode, Kerala, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2023
₹8.77 Cr
▲ 44% YoY
Net profit · FY 2023
₹21.76 Lakh
Net margin 2.5%
EBITDA · FY 2023
₹71.37 Lakh
EBITDA margin 8.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹77.55 Lakh
Issued & subscribed
Open charges
₹4.96 Cr
Satisfied ₹4.97 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
30
Provident fund records

About Soltek Polymers Private Limited

Data last updated:

Soltek Polymers Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 18 November 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24134KL1998PTC012600. Its GSTIN is 32AAHCS7065B1ZL (Kerala).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹77.55 Lakh. It is led by directors Cheral Akhilesh and Mappla Kandy Feroz.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Op X/384 Acalicut Hills Post Olavanna, Kozhikode, Kerala, India – 673025.

As per the financials filed for FY 2023, the company reported a revenue of ₹8.77 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹21.76 Lakh (net margin 2.5%) and EBITDA of ₹71.37 Lakh (EBITDA margin 8.1%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 3% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.96 Cr and satisfied charges of ₹4.97 Cr on record.

Soltek Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0000796). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website odyssiagroup.com.

Company details

CIN U24134KL1998PTC012600
Registration Number 012600
Incorporation Date 18 November 1998
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-08-0000796

Recognitions & Rankings of Soltek Polymers

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-KL-08-0000796

Contact details

Soltek Polymers Private Limited's registered office is in Kozhikode, Kerala. Its website is odyssiagroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Op X/384 Acalicut Hills Post Olavanna, Kozhikode, Kerala, India – 673025
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Soltek Polymers Private Limited, buy the company report.

Comprehensive company report
Soltek Polymers 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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Financials of Soltek Polymers Private Limited

FY 2025 filings available

Soltek Polymers Private Limited reported revenue of ₹8.77 Cr (up 44% YoY) for FY 2023.

Revenue · FY 2023
₹8.77 Cr ▲ 44%
Net profit · FY 2023
₹21.76 Lakh margin 2.5%
EBITDA · FY 2023
₹71.37 Lakh margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 63%
5 years · compounded
▼ 3%
EBITDA CAGR growth
3 years · compounded
▲ 271%
5 years · compounded
▲ 17%

Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹8.77 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹71.37 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.76 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin8.1%
Net Profit Margin2.5%
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 Soltek Polymers Private Limited, buy the company report.

Board of directors of Soltek Polymers Private Limited

Soltek Polymers has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Cheral AkhileshDirector01 Jul 201115 Years 3 MonthsCurrent
Mappla Kandy FerozDirector01 Oct 201115 Years 0 MonthsCurrent

Auditor

Soltek Polymers Private Limited is audited by K.VARGHESE&CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K.VARGHESE&COFY 20234525S

Shareholding

The shareholding of Soltek Polymers 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 Soltek Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.96 Cr
Satisfied charges
₹4.97 Cr
Breakdown by lending institutions
State Bank of India₹4.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Oct 2025101187720State Bank of India₹50 LakhOpen
07 Aug 2021100481111State Bank of India₹34 LakhOpen
19 May 2020100343795State Bank of India₹2.12 CrOpen
27 Oct 201210387510State Bank of India₹2 CrOpen
28 Mar 201410494106State Bank of Travancore₹50 LakhSatisfied

To see the full charge records of Soltek Polymers Private Limited, buy the company report.

Total charge records: 17 View all charges

MSME payment delays

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

Employees & EPFO

Soltek Polymers Private Limited has a workforce of 30 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
-69.7%

GST

Soltek Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAHCS7065B1ZLKeralaActive01 Jul 2017

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

Recent activity

Soltek Polymers Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Abdul Nasar ceased to be Director on 31 Mar 2016.

Charges
A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 101187720 was registered on 27 Oct 2025.
AGM
Soltek Polymers Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Soltek Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with State Bank Of India amounted to Rs. 0.34 Cr with Charge ID 100481111 was registered on 07 Aug 2021.
Charges
A charge with State Bank Of India of Rs. 2.12 Cr registered on 19 May 2020 with Charge ID 100343795 was modified on 30 Mar 2021.
Charges
A charge with State Bank Of India of Rs. 2.00 Cr registered on 27 Oct 2012 with Charge ID 10387510 was modified on 30 Mar 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2.12 Cr with Charge ID 100343795 was registered on 19 May 2020.
Charges
A charge registered on 27 Oct 2012 via Charge ID 10387505 with State Bank Of Travancore was fully satisfied on 21 Oct 2019.
Ceased
Abdul Nasar ceased to be Director.
Ceased
Damodaran ceased to be Director.
Ceased
Kulangara Thopuparambil Mammunni Asharaf ceased to be Director.
Ceased
Peedikakkandi Jishi ceased to be Director.

38 earlier events are in the company report.

Frequently asked questions

Soltek Polymers is an active private limited company based in Kozhikode, Kerala, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 18 November 1998 (28+ years old) and is registered under CIN U24134KL1998PTC012600.

Soltek Polymers has 2 current directors:

The latest financial statements of Soltek Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Soltek Polymers is 32AAHCS7065B1ZL, registered in Kerala.

The CIN (Corporate Identification Number) of Soltek Polymers is U24134KL1998PTC012600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Soltek Polymers was incorporated on 18 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ernakulam.

Abdul Nasar ceased to be Director on 31 Mar 2016. Damodaran ceased to be Director on 31 Mar 2016. Kulangara Thopuparambil Mammunni Asharaf ceased to be Director on 31 Mar 2016. Soltek Polymers has 12 board changes on record in total.

Yes, Soltek Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-08-0000796).

Soltek Polymers can be reached through the website odyssiagroup.com. Its registered office is in Kozhikode, Kerala, India.

The registered office of Soltek Polymers is at Op X384 Acalicut Hills Post Olavanna, Kozhikode, Kerala, India – 673025.