MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0028531
Sunflex Pipes Private Limited
Sunflex Pipes Private Limited - manufacturing in Hatkanangle, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.3 Cr
▼ 5% YoY
Net loss · FY 2025
₹3.16 Cr
Net margin -59.6%
EBITDA · FY 2025
-₹2.76 Cr
EBITDA margin -52%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹5.15 Cr
Satisfied ₹3.03 Cr
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings
About Sunflex Pipes Private Limited
Data last updated:
Sunflex Pipes Private Limited is a private limited company based in Hatkanangle, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 07 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29292PN2001PTC016427. Its GSTIN is 27AAFCS5913A1ZN (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Gomtesh Balasaheb Ketkale and Bharatesh Balasaheb Ketkale.
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 Hatkanangle, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.3 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹3.16 Cr (net margin -59.6%) and EBITDA of -₹2.76 Cr (EBITDA margin -52%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹5.15 Cr and satisfied charges of ₹3.03 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 2 cases are pending.
Sunflex Pipes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0028531). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29292PN2001PTC016427
Registration Number 016427
Incorporation Date 07 September 2001
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-15-0028531
Recognitions & Rankings of Sunflex Pipes
Contact details
Sunflex Pipes Private Limited's registered office is in Hatkanangle, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSector – B Plot No. 27 To 38, Parvati Industrial Estate, Hatkanangle, Maharashtra, India – 416146
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Sunflex Pipes Private Limited, buy the company report.
Comprehensive company report
Sunflex Pipes 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Sunflex Pipes are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sunflex Pipes Private Limited, buy the company report.
Financials of Sunflex Pipes Private Limited
FY 2025 filings availableSunflex Pipes Private Limited reported revenue of ₹5.3 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹5.3 Cr ▼ 5%
Net loss · FY 2025
₹3.16 Cr margin -59.6%
EBITDA · FY 2025
-₹2.76 Cr margin -52%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 5%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 89%
5 years · compounded
▼ 41%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 5% 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
| 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 | -₹2.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.16 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52% | ||||
| Net Profit Margin | -59.6% | ||||
| 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 Sunflex Pipes Private Limited, buy the company report.
Board of directors of Sunflex Pipes Private Limited
Sunflex Pipes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gomtesh Balasaheb Ketkale Also directs: Videh Polymers Private Limited | Director | 07 Sep 2001 | 25 Years 1 Months | Current |
| Bharatesh Balasaheb Ketkale Also directs: Videh Polymers Private Limited | Director | 07 Sep 2001 | 25 Years 1 Months | Current |
Peer comparison
Sunflex Pipes Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jem Zip Corporation Private Limited | ₹5.33 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Mipa Industries Private Limited | ₹5.32 Cr (FY 2025) | -42.0% | Pune, Maharashtra, India | |||
| Sri Vijayalakshmi Polymers (Rajapalayam) Private Limited | ₹5.32 Cr (FY 2025) | -5.0% | Rajapalayam, Tamil Nadu, India | |||
| Sunflex Pipes Private Limitedthis company | ₹5.3 Cr (FY 2025) | -₹3.16 Cr | -59.6% | -5.0% | Hatkanangle, Maharashtra, India | |
| Sarthak Polyplast Private Limited | ₹5.29 Cr (FY 2025) | -1.0% | Agra, Uttar Pradesh, India | |||
| Chetak Plastoelectric Private Limited | ₹5.29 Cr (FY 2025) | 40.0% | Aurangabad, Maharashtra, India | |||
| Act Plastic Private Ltd | ₹5.28 Cr (FY 2023) | -13.0% | Puducherry, India |
To see the full peer comparison of Sunflex Pipes Private Limited, buy the company report.
Auditor
Sunflex Pipes Private Limited is audited by D. D. GONDKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. D. GONDKAR | FY 2023 | 37804 |
Shareholding
The shareholding of Sunflex Pipes 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunflex Pipes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.15 Cr
Satisfied charges
₹3.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2022 | 100604683 | Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited | ₹65 Lakh | Open | |
| 20 Mar 2019 | 100251910 | Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited | ₹1 Cr | Open | |
| 10 Aug 2018 | 100197800 | Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited | ₹50 Lakh | Open | |
| 23 Oct 2015 | 10599850 | Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited | ₹1 Cr | Open | |
| 13 Mar 2008 | 10095309 | Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited | ₹2 Cr | Open |
To see the full charge records of Sunflex Pipes Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Sunflex Pipes Private Limited has 6 court cases on record: 2 filed by Sunflex Pipes, 4 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Aroma Organics Limited Through Its Rajendra Shyamlal Shastri | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed against the company by Lohia Harish Meghraj Prop for Harish Enterprises | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Anant Chemicals Ichalkaranji | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Mahavir Sahakari Pani Puavatha Sanstha Ltd. and 4 others | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Sunflex Pipes Private Limited, buy the company report.
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
Sunflex Pipes Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 7 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Soham International Chemytech Limited | |||
| J B Plastochem Pvt. Ltd. | |||
| KS Square Plastovision LLP | |||
| Videh Polymers Private Limited |
To see the full MSME payment records of Sunflex Pipes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sunflex Pipes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS5913A1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunflex Pipes Private Limited, buy the company report.
Recent activity
Sunflex Pipes Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Balasaheb Kallappa Ketkale ceased to be Director on 23 May 2023.
AGM
Sunflex Pipes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sunflex Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 06 Feb 2018 via Charge ID 100158874 with Axis Bank Limited was fully satisfied on 14 Jun 2023.
Ceased
Balasaheb Kallappa Ketkale ceased to be Director.
Charges
A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 65.00 Lakh with Charge ID 100604683 was registered on 24 Aug 2022.
Charges
A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100251910 was registered on 20 Mar 2019.
Charges
A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100197800 was registered on 10 Aug 2018.
Charges
A charge registered on 06 Sep 2013 via Charge ID 10448937 with Kallapanna Awade Ichalkaranji Janta Sahkari Bank Limited was fully satisfied on 02 Aug 2018.
Charges
A charge with Axis Bank Limited of Rs. 26.48 Lakh registered on 06 Feb 2018 with Charge ID 100158874 was modified on 23 Feb 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 26.48 Lakh with Charge ID 100158874 was registered on 06 Feb 2018.
Charges
A charge registered on 29 Sep 2010 via Charge ID 10242390 with Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. was fully satisfied on 23 Feb 2017.
Charges
A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited of Rs. 200.00 Lakh registered on 13 Mar 2008 with Charge ID 10095309 was modified on 28 Oct 2015.
15 earlier events are in the company report.
Frequently asked questions
Sunflex Pipes is an active private limited company based in Hatkanangle, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 07 September 2001 (25+ years old) and is registered under CIN U29292PN2001PTC016427.
Sunflex Pipes has 2 current directors:
- Gomtesh Balasaheb Ketkale - Director
- Bharatesh Balasaheb Ketkale - Director
The latest financial statements of Sunflex Pipes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunflex Pipes is 27AAFCS5913A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunflex Pipes is U29292PN2001PTC016427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunflex Pipes has 6 court cases on record: 2 filed by the company and 4 filed against it. 2 are pending.
Sunflex Pipes was incorporated on 07 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Sunflex Pipes by revenue are Jem Zip Corporation Private Limited, Mipa Industries Private Limited, Sri Vijayalakshmi Polymers (Rajapalayam) Private Limited, Sarthak Polyplast Private Limited, Chetak Plastoelectric Private Limited and 1 more, all in the Manufacturing industry (Pipes, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Balasaheb Kallappa Ketkale ceased to be Director on 23 May 2023. Bharatesh Balasaheb Ketkale was appointed as Director on 07 Sep 2001. Gomtesh Balasaheb Ketkale was appointed as Director on 07 Sep 2001.
Yes, Sunflex Pipes is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0028531).
Sunflex Pipes has 2 MSME Form 1 returns on record between 2020 and 2021, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 09 Jun 2021.
The registered office of Sunflex Pipes is at Sector – B Plot No. 27 To 38, Parvati Industrial Estate, Hatkanangle, Maharashtra, India – 416146.