Sowbhagya Polymers Limited

Sowbhagya Polymers Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1995PLC018919 Incorporated 04 October 1995 ROC Bangalore HQ Bangalore, Karnataka, India
Active Public Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹6.32 Cr
▼ 1% YoY
Net profit · FY 2025
₹2.28 Cr
Net margin 36%
EBITDA · FY 2025
₹3.43 Cr
EBITDA margin 54.2%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹58.45 Lakh
Issued & subscribed
Open charges
₹12.1 Cr
Satisfied ₹16.5 Cr
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Sowbhagya Polymers Limited

Data last updated:

Sowbhagya Polymers Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 04 October 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC018919. Its GSTIN is 29AAECS5332E1ZF (Karnataka).

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹58.45 Lakh. It was formerly known as Daga Shelters Limited. It is led by directors including Samata Dhirajkumar Daga and Pushpa Daga Devi.

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 Daga Icon C – 2 2nd Floor Kudremukh Colony Sarjapur Road 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.32 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 36%) and EBITDA of ₹3.43 Cr (EBITDA margin 54.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.

As per MCA filings, the company has open charges of ₹12.1 Cr and satisfied charges of ₹16.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Sowbhagya Polymers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0109874). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U85110KA1995PLC018919
Registration Number 018919
Incorporation Date 04 October 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0109874

CIN history

Sowbhagya Polymers has one previous CIN (Corporate Identification Number): U45201KA1995PLC018919. The current CIN is U85110KA1995PLC018919, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA1995PLC018919Current
U45201KA1995PLC018919Previous

Recognitions & Rankings of Sowbhagya Polymers

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0109874

Contact details

Sowbhagya Polymers Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Daga Icon C – 2 2nd Floor Kudremukh Colony Sarjapur Road 2nd Block Koramangala, Bangalore, Karnataka, India – 560034
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

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

Comprehensive company report
Sowbhagya Polymers 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 Sowbhagya Polymers is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Sowbhagya Polymers Limited, buy the company report.

Financials of Sowbhagya Polymers Limited

FY 2024 filings available

Sowbhagya Polymers Limited reported revenue of ₹6.32 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹6.32 Cr ▼ 1%
Net profit · FY 2025
₹2.28 Cr margin 36%
EBITDA · FY 2025
₹3.43 Cr margin 54.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 6%
5 years · compounded
▼ 4%

Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 1% fall in the latest year. EBITDA fell 8% 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₹3.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.28 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin54.2%
Net Profit Margin36%
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 Sowbhagya Polymers Limited, buy the company report.

Board of directors of Sowbhagya Polymers Limited

Sowbhagya Polymers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Samata Dhirajkumar DagaDirector25 Feb 201610 Years 7 MonthsCurrent
Pushpa Daga DeviDirector22 Apr 199927 Years 6 MonthsCurrent
Dhiraj Kumar DagaDirector17 Jul 199927 Years 3 MonthsCurrent

Auditor

Sowbhagya Polymers Limited is audited by H.M. GIRIYA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H.M. GIRIYA & COFY 2023000935S

Shareholding

The shareholding of Sowbhagya Polymers 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 Sowbhagya Polymers Limited, buy the company report.

Charges & borrowings

Open charges
₹12.1 Cr
Satisfied charges
₹16.5 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹12.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Sep 2017100129242Hdfc Bank Limited₹12.1 CrOpen
31 Dec 200280003019State Bank of Mysore₹16.5 CrSatisfied

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

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Sowbhagya Polymers Limited was last rated by Icra on 28 Sep 2018.

Rating agencyRated onRating
Icra28 Sep 2018

To see the full credit ratings and regulatory alerts of Sowbhagya Polymers Limited, buy the company report.

MSME payment delays

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

GST

Sowbhagya Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECS5332E1ZFKarnatakaActive01 Jul 2017

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

Recent activity

Sowbhagya Polymers Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Samata Dhirajkumar Daga ceased to be Additional Director on 27 Sep 2016.

AGM
Sowbhagya Polymers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sowbhagya Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 1,210.00 Lakh registered on 22 Sep 2017 with Charge ID 100129242 was modified on 20 Apr 2021.
Charges
A charge registered on 31 Dec 2002 via Charge ID 80003019 with State Bank Of Mysore was fully satisfied on 09 Aug 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,210.00 Lakh with Charge ID 100129242 was registered on 22 Sep 2017.
Ceased
Samata Dhirajkumar Daga ceased to be Additional Director.
Ceased
Mukesh Kumar Daga ceased to be Additional Director.
Appointed
Samata Dhirajkumar Daga was appointed as Director.
Ceased
Dhanraj Daga ceased to be Director.
Charges
A charge with State Bank Of Mysore of Rs. 1,650.00 Lakh registered on 31 Dec 2002 with Charge ID 80003019 was modified on 26 Sep 2014.
Charges
A charge with State Bank Of Mysore amounted to Rs. 1,650.00 Lakh with Charge ID 80003019 was registered on 31 Dec 2002.
Appointed
Dhiraj Kumar Daga was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Sowbhagya Polymers is an active public limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 04 October 1995 (31+ years old) and is registered under CIN U85110KA1995PLC018919.

Sowbhagya Polymers has 3 current directors:

The latest financial statements of Sowbhagya Polymers 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 2015 are in the company report.

The GSTIN of Sowbhagya Polymers is 29AAECS5332E1ZF, registered in Karnataka.

The CIN (Corporate Identification Number) of Sowbhagya Polymers is U85110KA1995PLC018919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sowbhagya Polymers has 2 court cases on record: 2 filed by the company.

Sowbhagya Polymers was incorporated on 04 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.

Samata Dhirajkumar Daga ceased to be Additional Director on 27 Sep 2016. Mukesh Kumar Daga ceased to be Additional Director on 25 Feb 2016. Samata Dhirajkumar Daga was appointed as Director on 25 Feb 2016. Sowbhagya Polymers has 6 board changes on record in total.

Yes, Sowbhagya Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0109874).

The registered office of Sowbhagya Polymers is at Daga Icon C – 2 2nd Floor Kudremukh Colony Sarjapur Road 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.