About Sonali Polymers Private Limited
Data last updated:
Sonali Polymers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 07 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25191RJ2005PTC020546. Its GSTIN is 08AAICS8912L1ZS (Rajasthan).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Sushila Devi Bajaj and Suresh Kumar Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1/17 Ricco Ind.Area Bassi Jaipur, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹320.74 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.7 Cr (net margin 3.3%) and EBITDA of ₹26.04 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 20% over five years.
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Sonali Group. As per MCA filings, the company has open charges of ₹50.94 Cr and satisfied charges of ₹31.95 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 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 sonaligroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1/17 Ricco Ind.Area Bassi Jaipur, Rajasthan, India
- IndustryManufacturing, Plastic & Resins
- 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 Sonali Polymers Private Limited
The main business activity of Sonali Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated 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 Sonali Polymers Private Limited FY 2024 filings available
Sonali Polymers Private Limited reported revenue of ₹320.74 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sonali Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 14% growth in the latest year. EBITDA rose 34% 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 Sonali Polymers 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 | ₹26.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.7 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 Sonali Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 Sonali Polymers are in the company report.
Financial statements from 2015
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 Sonali Polymers Private Limited
Sonali Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ascend Performance Materials India Private Limited | ₹328.22 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Eoc Polymers India Private Limited | ₹327.49 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Reichhold India Private Limited | ₹324.95 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Makwell Plastisizers Private Limited | ₹324.88 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Soltex Petro Products Ltd. | ₹323.94 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Sonali Polymers Private Limited this company | ₹320.74 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| Lincon Polymers Private Limited | ₹316.35 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ahmedabad, Gujarat, India |
| Kamsons Polymers Limited | ₹312.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| PCL Oil and Solvents Limited | ₹311.48 Cr (FY 2019) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Psa Polymers Private Limited | ₹305.61 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Asterix Reinforced Limited | ₹298.48 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sonali Polymers by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 Sonali Polymers Private Limited
Sonali Polymers Private Limited is audited by ANIL NAGORI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL NAGORI & 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 Sonali Polymers Private Limited
Sonali Polymers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushila Devi Bajaj | Director | 28 Sep 2011 | 15 Years 0 Months | Current |
| Suresh Kumar Bajaj | Director | 07 Apr 2005 | 21 Years 6 Months | Current |
| Bharat Bajaj Also directs: Sonali Polytech Private Limited | Director | 07 Oct 2024 | 2 Years 0 Months | Current |
| Balkrishna Bajaj | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
Ownership and Shareholding of Sonali Polymers 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 Sonali Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 May 2025 | Others | ₹42.11 Lakh | Open |
| 16 Apr 2024 | Hdfc Bank Limited | ₹19.88 Cr | Open |
| 15 Mar 2024 | Others | ₹1.35 Cr | Open |
| 18 Jun 2022 | Hdfc Bank Limited | ₹37.82 Lakh | Open |
| 29 Aug 2019 | Hdfc Bank Limited | ₹19.56 Cr | Open |
Total charge records: 24 View all charges
Legal Cases of Sonali Polymers Private Limited
Sonali Polymers Private Limited has 4 court cases on record: 4 filed by Sonali Polymers. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed by the company against Narmada Extrusions Limited | Disposed |
| High Court of Uttarakhand | Court case (WPMS) | Filed by the company against State Tax Officer | Pending |
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.
MSME Payment Delays by Sonali Polymers Private Limited
Sonali Polymers Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 283 overdue payments to 34 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Dye Chem Industries | •••• | •••• | •••• |
| Continental Carriers Private Limited | •••• | •••• | •••• |
| Nano Polyplast Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Sonali Polymers Private Limited
Sonali Polymers operates one associated brand: Sonali Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of masterbatches, additives, and polymer compounds. | sonaligroup.in |
Employees and EPFO Compliance at Sonali Polymers Private Limited
Sonali Polymers Private Limited has a workforce of 24 employees as of Apr 01, 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.
Group Structure of Sonali Polymers Private Limited
Sonali Polymers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sonali Polyplast Private Limited | U25209WB2006PTC109563 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Sonali Polymers Private Limited
Sonali Polymers Private Limited has 9 board changes on record since 2005: 4 appointments and 5 cessations. The latest: Bharat Bajaj ceased to be Additional Director on 29 Sep 2025.
48 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sonali Polymers 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.
Subsidiaries & Group Companies of Sonali Polymers 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 Sonali Polymers Private Limited
Sonali Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICS8912L1ZS | Rajasthan | Active | 01 Jul 2017 |
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 Sonali Polymers 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 Sonali Polymers Private Limited
Sonali Polymers is an active private limited company based in Jaipur, Rajasthan, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 07 April 2005 (21+ years old) and is registered under CIN U25191RJ2005PTC020546.
Sonali Polymers reported revenue of ₹320.74 Cr for FY 2025 (up 14% YoY).
Sonali Polymers has 4 current directors:
- Sushila Devi Bajaj - Director
- Suresh Kumar Bajaj - Director
- Bharat Bajaj - Director
- Balkrishna Bajaj - Director
Sonali Polymers reported a net profit of ₹10.7 Cr (net margin 3.3%) and EBITDA of ₹26.04 Cr (EBITDA margin 8.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sonali Polymers is 11% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sonali Polymers is 08AAICS8912L1ZS, registered in Rajasthan.
The CIN (Corporate Identification Number) of Sonali Polymers is U25191RJ2005PTC020546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sonali Polymers has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Sonali Polymers was incorporated on 07 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Sonali Polymers by revenue are Ascend Performance Materials India Private Limited, Eoc Polymers India Private Limited, Reichhold India Private Limited, Makwell Plastisizers Private Limited, Soltex Petro Products Ltd. and 5 more, all in the Manufacturing industry (Plastics and Resins, Polymers).
Bharat Bajaj ceased to be Additional Director on 29 Sep 2025. Bharat Bajaj was appointed as Director on 07 Oct 2024. Subhash Kumar ceased to be Director on 01 Sep 2021. Sonali Polymers has 9 board changes on record in total.
Sonali Polymers has 8 MSME Form 1 returns on record between 2019 and 2023, listing 283 overdue payments to 34 micro and small suppliers. The latest return was filed on 29 Aug 2023.