SPP Polymer Limited - packaging in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L15412DL2004PLC128666 Incorporated 27 August 2004 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: SPPPOLY Public Limited Company packaging MSME · Medium
Data last updated
Market Cap
₹16.93 Cr
SPPPOLY-SM · NSE
Share Price
₹11.45
+4.09% today
Revenue
₹111 Cr
FY 2025-26 · +2.9% YoY
EBITDA
−₹2.61 Cr
Margin -2.4%
Net Profit
−₹4.17 Cr
FY 2025-26 · -469.0% YoY
ROE
-8.6%
ROCE -5.5%
Debt / Equity
0.21
Interest cover -15.7x
Authorised capital
₹18 Cr
Registered with MCA

About SPP Polymer Limited

Data last updated:

SPP Polymer Limited is a public limited company based in New Delhi, Delhi, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 27 August 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L15412DL2004PLC128666. Its GSTIN is 05AAICS9526Q1ZK (Uttarakhand). The company holds 4 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on NSE: SPPPOLY.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹15.39 Cr. It was formerly known as S P P Food Products Private Limited. It is led by directors including Liladhar Mundhara (Whole-Time Director) and Mahavir Bahety (Whole-Time Director).

Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bearing No Dpt212, DLF Prime Tower Okhla Industrial Estate, New Delhi, Delhi, India – 110020.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹110.67 Cr, a growth of 2.9% compared to the previous year. For the same year it recorded a net loss of ₹4.17 Cr (net margin -3.8%) and EBITDA of -₹2.61 Cr (EBITDA margin -2.4%). The net worth stands at ₹46.14 Cr (down 9.7% YoY). Total assets are valued at ₹59.06 Cr (up 0.4% YoY).

The company has about 152 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Spppolymer. As per MCA filings, the company has open charges of ₹15.33 Cr and satisfied charges of ₹7.5 Lakh on record. Court records list 42 cases involving the company, including 33 filed by the company and 9 filed against it; 3 cases are pending. The company has 32 deals on record (21 secondary share transfers, 9 funding rounds, 1 rights issue), with disclosed funding of ₹7.8 Cr; the latest was in September 2024. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 331 overdue payments to 36 micro and small suppliers.

SPP Polymer Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0000581). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spppolymer.com.

Company details

CIN L15412DL2004PLC128666
Registration Number 128666
Incorporation Date 27 August 2004
ROC Delhi
Listing Status Listed (NSE: SPPPOLY)
Company Status Active
Date of Last AGM 18 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-12-0000581

CIN history

SPP Polymer has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15412DL2004PLC128666, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L15412DL2004PLC128666Current
U15412DL2004PTC128666Previous
U15412DL2004PLC128666Previous

Recognitions & Rankings of SPP Polymer

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UK-12-0000581

Contact details

SPP Polymer Limited's registered office is in New Delhi, Delhi.

  • Registered Address
    Bearing No Dpt212, DLF Prime Tower Okhla Industrial Estate, New Delhi, Delhi, India – 110020
  • Industry
    Packaging, Woven Packaging Products
Comprehensive company report
SPP Polymer 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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Brands

SPP Polymer operates one associated brand: Spppolymer. Each brand links to its own profile.

BrandDescriptionWebsite
HDPE/PP woven fabrics, bags, and non-woven products are manufactured.spppolymer.com

Business activity

The main business activity of SPP Polymer is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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

Financials of SPP Polymer Limited

FY 2025-26 filings available

SPP Polymer Limited reported revenue of ₹110.67 Cr (up 2.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹111 Cr
+2.9% YoY
EBITDA
−₹2.61 Cr
-143.6% YoY
Profit After Tax
−₹4.17 Cr
-469.0% YoY
Net Worth
₹46.14 Cr
-9.7% YoY
Total Assets
₹59.06 Cr
+0.4% YoY
Total Debt
₹12.91 Cr
+67.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11110891.7566.0580.2865.5458.66
Revenue growth+2.9%+17.2%+38.9%-17.7%+22.5%+11.7%-
EBITDA(2.61)5.986.172.671.562.372.19
EBITDA margin-2.4%+5.6%+6.7%+4.0%+1.9%+3.6%+3.7%
Profit before tax(4.19)1.971.421.020.421.280.81
Net profit(4.17)1.130.980.540.291.060.54
Net profit margin-3.8%+1.1%+1.1%+0.8%+0.4%+1.6%+0.9%
EPS (₹)(2.70)0.730.931.941.024.952.56
Balance sheet
Total assets59.0658.8344.3146.4932.3418.7021.14
Net worth46.1451.1125.3324.3419.7213.9512.88
Total debt12.917.7218.9822.1512.624.768.26
Cash & bank0.060.020.080.811.240.890.69
Net working capital34.7831.3318.0318.2219.7611.4713.99
Cash flow
Cash from operations1.70(9.83)6.283.80(6.47)4.48-
Cash from investing0.12(4.84)(1.83)(16.73)(5.92)(0.40)-
Cash from financing(1.78)14.61(5.19)12.4912.75(3.88)-

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11110891.7566.0580.2865.5458.66
Revenue growth+2.9%+17.2%+38.9%-17.7%+22.5%+11.7%-
Other income2.741.342.060.730.500.380.30
Total expenses11310285.5863.3878.7263.1756.47
Employee cost9.489.435.354.465.344.313.89
EBITDA(2.61)5.986.172.671.562.372.19
EBITDA margin-2.4%+5.6%+6.7%+4.0%+1.9%+3.6%+3.7%
Depreciation3.383.694.111.271.030.961.04
Interest0.941.662.701.110.610.510.64
Profit before tax(4.19)1.971.421.020.421.280.81
Tax(0.02)0.840.390.480.130.220.25
Net profit(4.17)1.130.980.540.291.060.54
Net profit margin-3.8%+1.1%+1.1%+0.8%+0.4%+1.6%+0.9%
EPS (₹)(2.70)0.730.931.941.024.952.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.3915.3911.242.812.752.162.16
Reserves & surplus30.7535.7214.0921.5316.9711.7910.72
Shareholders' funds (net worth)46.1451.1125.3324.3419.7213.9512.88
Secured loans12.917.7218.9810.120.000.008.13
Unsecured loans0.000.000.0012.0312.624.760.13
Total debt12.917.7218.9822.1512.624.768.26
Total liabilities59.0658.8344.3146.4932.3418.7021.14
Assets
Gross block52.3251.4049.1848.0326.5124.7324.93
Net block20.2522.7124.1827.026.776.016.18
Capital work in progress0.360.650.270.124.340.000.00
Investments0.000.000.000.000.000.000.00
Inventories28.8128.9224.6110.229.423.968.00
Sundry debtors22.7516.2414.127.8310.229.727.11
Cash & bank balances0.060.020.080.811.240.890.69
Loans & advances5.857.855.837.054.760.572.23
Total current assets57.4753.0344.6425.9125.6415.1418.03
Total current liabilities22.6921.7026.617.695.883.674.04
Net working capital34.7831.3318.0318.2219.7611.4713.99
Total assets59.0658.8344.3146.4932.3418.7021.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.020.080.811.240.890.69-
Net cash from operating activities1.70(9.83)6.283.80(6.47)4.48-
Net cash from investing activities0.12(4.84)(1.83)(16.73)(5.92)(0.40)-
Net cash from financing activities(1.78)14.61(5.19)12.4912.75(3.88)-
Net change in cash0.05(0.06)(0.73)(0.43)0.360.20-
Closing cash0.060.020.080.811.240.89-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+2.9%+17.2%+38.9%-17.7%+22.5%+11.7%-
EBITDA growth-143.7%-3.1%+131.1%+71.2%-34.2%+8.2%-
PBT growth-+38.7%+39.2%+142.9%-67.2%+58.0%+9997.0%
Net income growth-469.0%+15.3%+81.5%+86.2%-72.6%+96.3%-
Revenue CAGR (3Y)+18.8%+10.2%+11.9%+4.0%---
EBITDA CAGR (3Y)-+56.5%+37.6%+6.8%---
Profitability & leverage
Net income margin-3.8%+1.1%+1.1%+0.8%+0.4%+1.6%+1.0%
Return on capital employed-5.5%+7.0%+9.1%+5.4%+4.0%+9.0%+6.8%
Return on net worth-8.6%+3.0%+4.2%+2.5%+1.7%+8.0%+4.3%
Debt / equity0.210.350.830.790.520.490.64
Long-term debt / equity0.000.110.390.260.030.020.00
Interest cover-15.6972.49131.0779.29115.0936.1755.65
Efficiency & per share
Fixed asset turnover2.132.141.891.773.132.642.35
Inventory turnover3.834.025.276.7312.0010.967.33
Debtors turnover5.687.098.367.328.057.798.25
EPS (₹)(2.70)0.730.931.941.024.952.56
Dividend per share (₹)0.000.500.000.000.000.000.00
Book value per share (₹)29.9833.2122.5386.6071.8164.5659.61

To see the full year-wise statements and ratios of SPP Polymer Limited, buy the company report.

Board of directors and KMP of SPP Polymer Limited

SPP Polymer Limited currently reports 5 directors and 1 key managerial person. 6 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Liladhar MundharaWhole-Time Director03 Oct 200521 Years 0 MonthsCurrent
Pooja GargDirector06 Oct 20233 Years 0 MonthsCurrent
Rinku GulguliaDirector06 Oct 20233 Years 0 MonthsCurrent
Dipak GoyalCfo11 Aug 20233 Years 2 MonthsCurrent
Rakesh KothariDirector06 Oct 20233 Years 0 MonthsCurrent
Mahavir BahetyWhole-Time Director17 Apr 200521 Years 6 MonthsCurrent

Charges & borrowings

Open charges
₹15.33 Cr
Satisfied charges
₹7.5 Lakh
Breakdown by lending institutions
State Bank of India₹15.03 Cr
Hdfc Bank Limited₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2025101063904Hdfc Bank Limited₹30 LakhOpen
04 Mar 200690332767State Bank of India₹15.03 CrOpen
21 Jul 200910167687State Bank of India₹7.5 LakhSatisfied

To see the full charge records of SPP Polymer Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

SPP Polymer Limited has 32 deals on record (21 secondary share transfers, 9 funding rounds, 1 rights issue), with disclosed funding of ₹7.8 Cr; the latest was in September 2024.

Total deals
32
Secondary share transfers
21
Funding rounds
9
Rights issue
1
IPO
1
Disclosed funding
₹7.8 Cr

Deals on record (5 of 32)

WhenDealAmountParties
Sep 2024IPO₹24.49 CrInvestors: IPO SME - SPP Polymer Limited, B.N. Rathi Securities Limited , Stci Primary Dealer Limited
Jul 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Rinni Tie-Up Pvt.Ltd. , an individual
May 2023Secondary share transferUndisclosedBuyer: an individual
Seller: Torner Tie-Up Pvt Ltd
Mar 2022Funding round₹2.44 CrInvestors: 4 individuals
Jan 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Teji -Mandi Securities Pvt.Ltd. , Cygnus Publishers Ltd , Vogue Mercantile Private Limited

To see the full deal history of SPP Polymer Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

SPP Polymer Limited was last rated by Crisil on 18 Sep 2020.

Rating agencyRated onRating
Crisil18 Sep 2020

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

MSME payment delays

SPP Polymer Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 331 overdue payments to 36 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 36)

SupplierAmount dueDue sinceReported on
Perfect Belts Private Limited
an individual supplier
an individual supplier
Sonali Polymers Private Limited
Poddar Pigments Limited

To see the full MSME payment records of SPP Polymer Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

SPP Polymer has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
05AAICS9526Q1ZKUttarakhandActive01 Jul 2017

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

Recent activity

SPP Polymer Limited has 12 board changes on record since 2005: 7 appointments and 5 cessations. The latest: Chetna Shoor was appointed as Company Secretary on 24 Feb 2024.

Filing
Spp Polymer Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge with State Bank Of India of Rs. 15.03 Cr registered on 04 Mar 2006 with Charge ID 90332767 was modified on 26 Sep 2025.
AGM
Spp Polymer Limited last Annual general meeting of members was held on 18 Aug 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101063904 was registered on 29 Jan 2025.
Appointed
Chetna Shoor was appointed as Company Secretary.
Appointed
Pooja Garg was appointed as Director.
Appointed
Rakesh Kothari was appointed as Director.
Appointed
Rinku Gulgulia was appointed as Director.
Ceased
Liladhar Mundhara ceased to be Director.
Ceased
Mahavir Bahety ceased to be Director.
Charges
A charge registered on 21 Jul 2009 via Charge ID 10167687 with State Bank Of India was fully satisfied on 29 Aug 2023.
Appointed
Dipak Goyal was appointed as CFO.

8 earlier events are in the company report.

Frequently asked questions

SPP Polymer is an active public limited company based in New Delhi, Delhi, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 27 August 2004 (22+ years old) and is registered under CIN L15412DL2004PLC128666. Listed on NSE: SPPPOLY.

SPP Polymer reported revenue of ₹110.67 Cr for FY 2025-26 (up 2.9% YoY) based on standalone financials.

SPP Polymer has 6 current directors and KMP:

The latest financial statements of SPP Polymer on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of SPP Polymer is 05AAICS9526Q1ZK, registered in Uttarakhand. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of SPP Polymer is L15412DL2004PLC128666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. SPP Polymer is a listed company as per MCA records. Its shares are listed on NSE (symbol: SPPPOLY).

SPP Polymer has 42 court cases on record: 33 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.

SPP Polymer was incorporated on 27 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.

SPP Polymer has 32 deals on record (21 secondary share transfers, 9 funding rounds, 1 rights issue), with disclosed funding of ₹7.8 Cr; the latest was in September 2024.

Chetna Shoor was appointed as Company Secretary on 24 Feb 2024. Pooja Garg was appointed as Director on 06 Oct 2023. Rakesh Kothari was appointed as Director on 06 Oct 2023. SPP Polymer has 12 board changes on record in total.