About Spectrum Polymers Pvt Ltd
Data last updated:
Spectrum Polymers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial enzymes and biochemicals segment of the chemicals and materials sector. It was incorporated on 14 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24130MH1989PTC053470. Its GSTIN is 27AABCS1166K1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.84 Lakh. It is led by directors including Vivek Prahlad Naik and Nischal Prahlad Naik.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at I – B Vaidhav Indestate Deonar Sion Trombay Rd, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.3 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹4.86 Lakh (net margin -2.1%) and EBITDA of ₹31,675 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company is associated with 1 brand: Spectrum Polymers. As per MCA filings, the company has open charges of ₹37.9 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrumpolymers.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressI – B Vaidhav Indestate Deonar Sion Trombay Rd, Mumbai, Maharashtra, India – 400088
- IndustryChemicals and Materials, Industrial Enzymes & Biochemicals
- 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 Spectrum Polymers Pvt Ltd
The main business activity of Spectrum Polymers is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical 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 Spectrum Polymers Pvt Ltd FY 2025 filings available
Spectrum Polymers Pvt Ltd reported revenue of ₹2.3 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spectrum Polymers Pvt Ltd
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 104% 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 Spectrum Polymers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹31,675 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.86 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 of Spectrum Polymers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 Spectrum 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 Spectrum Polymers Pvt Ltd
Spectrum Polymers Pvt Ltd is compared with the companies closest to it by revenue in the Chemicals industry (Enzymes, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flexible Polymers Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Pine Polymers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Madhusudan Durgesh Polymers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Reynold Rubber & Polymers Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| NFB Polymers Pvt.Ltd. | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Spectrum Polymers Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| May Polymers Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Posh Polymers Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Pankaj Polymers Limited Listed | •••• | •••• | •••• | •••• | 164 | Secunderabad, Telangana, India |
| Cosmo Speciality Polymers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Flucon Polymers Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Spectrum Polymers by revenue in the Chemicals industry (Enzymes, Polymers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Spectrum Polymers Pvt Ltd
Spectrum Polymers Pvt Ltd is audited by B. SHANKAR & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. SHANKAR & CO. | 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 Spectrum Polymers Pvt Ltd
Spectrum Polymers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Prahlad Naik Also directs: Sahyadri Starch and Chemicals Private Limited | Director | 14 Sep 1989 | 37 Years 0 Months | Current |
| Sanjeev Prahlad Naik Also directs: Sahyadri Starch and Chemicals Private Limited | Additional Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Nischal Prahlad Naik Also directs: Sahyadri Starch and Chemicals Private Limited | Director | 14 Sep 1989 | 37 Years 0 Months | Current |
Ownership and Shareholding of Spectrum Polymers Pvt Ltd
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 Spectrum Polymers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 1997 | Syndicate Bank | ₹11 Lakh | Open |
| 31 Mar 1997 | Mashrea Bank | ₹6 Lakh | Open |
| 26 Aug 1993 | Syndicate Bank | ₹3.75 Lakh | Open |
| 02 Aug 1993 | Syndicate Bank | ₹4 Lakh | Open |
| 31 Jul 1992 | Maharashtra State Financial Corporation | ₹13.15 Lakh | Open |
Total charge records: 5 View all charges
Legal Cases of Spectrum Polymers Pvt Ltd
Spectrum Polymers Pvt Ltd has 2 court cases on record: 2 filed by Spectrum Polymers. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against Sterling Tapes Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Sterling Tapes Limited | Disposed |
Full case history
All 2 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.
Associated Brands with Spectrum Polymers Pvt Ltd
Spectrum Polymers operates one associated brand: Spectrum Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of adhesives, coatings, and modified starch for industrial sectors. | spectrumpolymers.co.in |
Employees and EPFO Compliance at Spectrum Polymers Pvt Ltd
Employment history and EPFO contributions of people linked to Spectrum Polymers.
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 Spectrum Polymers Pvt Ltd
Spectrum Polymers Pvt Ltd has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Prahlad Ramachandra Naik ceased to be Director on 12 Apr 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Spectrum Polymers Pvt Ltd
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 Spectrum Polymers Pvt Ltd
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 Spectrum Polymers Pvt Ltd
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 Spectrum Polymers Pvt Ltd
Spectrum Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS1166K1Z9 | Maharashtra | 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 Spectrum Polymers Pvt Ltd
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 Spectrum Polymers Pvt Ltd
Spectrum Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial enzymes and biochemicals, within the chemicals and materials industry. It was incorporated on 14 September 1989 (37+ years old) and is registered under CIN U24130MH1989PTC053470.
Spectrum Polymers reported revenue of ₹2.3 Cr for FY 2024 (down 3% YoY).
Spectrum Polymers has 3 current directors:
- Vivek Prahlad Naik - Director
- Sanjeev Prahlad Naik - Additional Director
- Nischal Prahlad Naik - Director
Spectrum Polymers reported a net loss of ₹4.86 Lakh (net margin -2.1%) and EBITDA of ₹31,675 (EBITDA margin 0.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spectrum Polymers is 19% over three years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spectrum Polymers is 27AABCS1166K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Spectrum Polymers is U24130MH1989PTC053470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Polymers has 2 court cases on record: 2 filed by the company. Most are in the high courts.
Spectrum Polymers was incorporated on 14 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Spectrum Polymers by revenue are Flexible Polymers Limited, Pine Polymers Private Limited, Madhusudan Durgesh Polymers Private Limited, Reynold Rubber & Polymers Private Limited, NFB Polymers Pvt.Ltd. and 5 more, all in the Chemicals industry (Enzymes, Polymers).
Prahlad Ramachandra Naik ceased to be Director on 12 Apr 2023. Sanjeev Prahlad Naik was appointed as Additional Director on 02 Sep 2020. Sanjeev Prahlad Naik ceased to be Director on 08 Apr 2019. Spectrum Polymers has 5 board changes on record in total.