- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0019501

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.
Recognitions & Rankings of Tanvika Polymers
- 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
- 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
Associated Brands
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
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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Tanvika Polymers Private Limited
FY 2025 filings availableTanvika Polymers Private Limited reported revenue of ₹54.13 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2023-24, 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.
: available in the company report
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.
| 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 |
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| 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
Tanvika Polymers Private Limited has 5 court cases on record: 5 filed by Tanvika Polymers. All cases are disposed.
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 Pvt Ltd and 2 others | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Arient Scientific Pvt Ltd, and 1 other | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Sahyadri Food and Agro Industries, Maharashtra and 1 other | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Three Leafs Foods Pvt Ltd and 2 others | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
: available in 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
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 | •••• | •••• | •••• |
: available in the company report
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
Tanvika Polymers Private Limited has a workforce of 102 employees as of Apr 07, 2024.
: available in the company report
Recent Activity
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.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Tanvika Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECT6261B1ZO | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 4 current directors:
- Dhanraj Patel - Director
- Pallav Surakant Patel - Director
- Devanshu Prataprai Sheth - Director
- Mayankkumar Ambalal Patel - Director
The latest financial statements of Tanvika Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
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.
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).
Tanvika Polymers has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 201 overdue payments to 9 micro and small suppliers. The latest return was filed on 22 Nov 2019.
Tanvika Polymers can be reached through the website tanvikapolymers.com. Its registered office is in Vadodara, Gujarat, India.