MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0019501
Tanvika Polymers Private Limited - packaging in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.13 Cr
▲ 20% YoY
Net profit · FY 2025
₹2.82 Cr
Net margin 5.2%
EBITDA · FY 2025
₹7.32 Cr
EBITDA margin 13.5%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.06 Cr
Issued & subscribed
Open charges
₹44.53 Cr
Satisfied ₹42.13 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
102
Provident fund records
About Tanvika Polymers Private Limited
Data last updated:
Tanvika Polymers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 24 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2006PTC048181. Its GSTIN is 24AAECT6261B1ZO (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.06 Cr. It was formerly known as Tanvika Polymers and Packing Private Limited. It is led by directors including Dhanraj Patel and Pallav Surakant Patel.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 718 – 719 Savli Industrial Estate Post. Manjusar Tal. Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.13 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 5.2%) and EBITDA of ₹7.32 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tanvika Polymers. As per MCA filings, the company has open charges of ₹44.53 Cr and satisfied charges of ₹42.13 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
Tanvika Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0019501). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tanvikapolymers.com.
Company Details of Tanvika Polymers Private Limited
CIN U25202GJ2006PTC048181
Registration Number 048181
Incorporation Date 24 April 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0019501
Recognitions & Rankings of Tanvika Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 718 – 719 Savli Industrial Estate Post. Manjusar Tal. Savli, Vadodara, Gujarat, India – 391775
- IndustryPackaging, Industrial Packaging Solutions
Comprehensive company report
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Associated Brands with Tanvika Polymers Private Limited
Tanvika Polymers operates one associated brand: Tanvika Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of polymer-based packaging products in India. | tanvikapolymers.com |
Business Activity of Tanvika Polymers Private Limited
The main business activities of Tanvika Polymers are manufacturing and support service to organizations. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Tanvika Polymers Private Limited FY 2025 filings available
Tanvika Polymers Private Limited reported revenue of ₹54.13 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹54.13 Cr ▲ 20%
Net profit · FY 2025
₹2.82 Cr margin 5.2%
EBITDA · FY 2025
₹7.32 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR) of Tanvika Polymers Private Limited
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 19%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 20% growth in the latest year. EBITDA rose 22% 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 Tanvika 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 | ₹7.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.82 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 Tanvika Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 Tanvika Polymers are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Tanvika Polymers Private Limited
Tanvika Polymers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanraj Patel Also directs: Hiend Structure Solution Private Limited | Director | 11 Dec 2021 | 4 Years 10 Months | Current |
| Pallav Surakant Patel Also directs: Maldeep Catalysts Private Limited | Director | 23 Jun 2006 | 20 Years 3 Months | Current |
| Devanshu Prataprai Sheth Also directs: Troekuh LLP, Tanvika Innovation Private Limited | Director | 24 Apr 2006 | 20 Years 5 Months | Current |
| Mayankkumar Ambalal Patel Also directs: Maldeep Catalysts Private Limited | Director | 23 Jun 2006 | 20 Years 3 Months | Current |
Peer Comparison of Tanvika Polymers Private Limited
Tanvika Polymers Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging, 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 |
|---|---|---|---|---|---|---|
| Shrink Pack-Labels Pvt Ltd | ₹54.98 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bahadurgarh, Haryana, India |
| Eka Pak Global (India) Private Limited | ₹54.94 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Roma Flexipack Private Limited | ₹54.61 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| B S Sandhu and Associates Private Limited | ₹54.44 Cr (FY 2025) | •••• | •••• | 2588.0% | •••• | New Delhi, Delhi, India |
| Sansam Polymers Private Limited | ₹54.3 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Tanvika Polymers Private Limited this company | ₹54.13 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| Shiva Ganga Polymers Private Limited | ₹54.05 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Hyderabad, Telangana, India |
| Shlok Polymers Private Limited | ₹53.9 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ranchi, Jharkhand, India |
| Machhar Packaging Services Private Limited | ₹53.87 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Aurangabad, Maharashtra, India |
| Zebra Pack Private Limited | ₹53.84 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| NKCC Private Limited | ₹53.55 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Mahalunge Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Tanvika Polymers by revenue in the Packaging industry (Industrial Packaging, 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 Tanvika Polymers Private Limited
Tanvika Polymers Private Limited is audited by Dinesh Thakkar & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dinesh Thakkar & Co | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Tanvika Polymers Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Tanvika Polymers Private Limited
Open charges
₹44.53 Cr
Satisfied charges
₹42.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2025 | Others | ₹5.4 Cr | Open |
| 20 Sep 2023 | Others | ₹5.37 Cr | Open |
| 24 Mar 2023 | Others | ₹5.37 Cr | Open |
| 16 Nov 2022 | Others | ₹1.1 Cr | Open |
| 16 Nov 2022 | Others | ₹13 Cr | Open |
Total charge records: 13 View all charges
Legal Cases of Tanvika Polymers Private Limited
Tanvika Polymers Private Limited has 5 court cases on record: 5 filed by Tanvika Polymers. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Total cases
5
Filed by the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Three Leaf Foods Private Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Arient Scientific Private Limited | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Sahyadri Food and Agro Industries, Maharashtra | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Three Leafs Foods Pvt Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
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Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Tanvika Polymers Private Limited
Tanvika Polymers Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 201 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Afflatus Gravures Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Everest Holovisions Limited | •••• | •••• | •••• |
| Mazda Agencies | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Tanvika Polymers Private Limited
Tanvika Polymers Private Limited has a workforce of 102 employees as of Apr 07, 2024.
Employee count
102
Active EPFO establishments
1
Employee growth
-3.77%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Tanvika Polymers Private Limited
Tanvika Polymers Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Dhanraj Patel ceased to be Additional Director on 30 Sep 2022.
AGM
Tanvika Polymers Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 5.40 Cr registered on 12 Jun 2025 with Charge ID 101120191 was modified on 17 Jul 2025.
Charges
A charge with Others amounted to Rs. 5.40 Cr with Charge ID 101120191 was registered on 12 Jun 2025.
Filing
Tanvika Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 5.37 Cr with Charge ID 100790020 was registered on 20 Sep 2023.
Charges
A charge with Others amounted to Rs. 5.37 Cr with Charge ID 100706503 was registered on 24 Mar 2023.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100643578 was registered on 16 Nov 2022.
Charges
A charge with Others amounted to Rs. 13.00 Cr with Charge ID 100643598 was registered on 16 Nov 2022.
Ceased
Dhanraj Patel ceased to be Additional Director.
Charges
A charge registered on 04 Dec 2014 via Charge ID 10535678 with Others was fully satisfied on 27 May 2022.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100568331 was registered on 25 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100568563 was registered on 25 Mar 2022.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tanvika Polymers Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Tanvika Polymers Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Tanvika Polymers Private Limited
Tanvika Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECT6261B1ZO | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Tanvika Polymers Private Limited
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MCA filings and documents
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Frequently Asked Questions about Tanvika Polymers Private Limited
Tanvika Polymers is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 24 April 2006 (20+ years old) and is registered under CIN U25202GJ2006PTC048181.
Tanvika Polymers reported revenue of ₹54.13 Cr for FY 2025 (up 20% YoY).
Tanvika Polymers has 4 current directors:
- Dhanraj Patel - Director
- Pallav Surakant Patel - Director
- Devanshu Prataprai Sheth - Director
- Mayankkumar Ambalal Patel - Director
Tanvika Polymers reported a net profit of ₹2.82 Cr (net margin 5.2%) and EBITDA of ₹7.32 Cr (EBITDA margin 13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tanvika Polymers is 5% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tanvika Polymers is 24AAECT6261B1ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tanvika Polymers is U25202GJ2006PTC048181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tanvika Polymers has 5 court cases on record: 5 filed by the company.
Tanvika Polymers was incorporated on 24 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tanvika Polymers by revenue are Shrink Pack-Labels Pvt Ltd, Eka Pak Global (India) Private Limited, Roma Flexipack Private Limited, B S Sandhu and Associates Private Limited, Sansam Polymers Private Limited and 5 more, all in the Packaging industry (Industrial Packaging, Polymers).
Dhanraj Patel ceased to be Additional Director on 30 Sep 2022. Dhanraj Patel was appointed as Director on 11 Dec 2021. Nishith Kantilal Patel ceased to be Director on 01 Aug 2021. Tanvika Polymers has 8 board changes on record in total.
Yes, Tanvika Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0019501).