MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-10-0001442
Target Polymers Private Limited - manufacturing in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.07 Cr
▼ 19% YoY
Net profit · FY 2025
₹15.8 Lakh
Net margin 14.7%
EBITDA · FY 2025
₹58.1 Lakh
EBITDA margin 54.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.08 Lakh
Issued & subscribed
Open charges
₹1.7 Cr
Secured borrowings
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings
About Target Polymers Private Limited
Data last updated:
Target Polymers Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 30 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1999PTC036660. Its GSTIN is 24AABCT4009N1ZC (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.08 Lakh. It is led by directors Reeta Sandeep Kesaria and Sandip Kishorbhai Kesaria.
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 Madhav Complex 3rd Floor Office No 311 1 Patel Colony Bedi Road, Jamnagar, Gujarat, India – 361008.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.07 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹15.8 Lakh (net margin 14.7%) and EBITDA of ₹58.1 Lakh (EBITDA margin 54.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹1.7 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Target Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0001442). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website targetpolymers.in.
Company details
CIN U25209GJ1999PTC036660
Registration Number 036660
Incorporation Date 30 September 1999
ROC Ahmedabad
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 Micro
Udyam Registration UDYAM-GJ-10-0001442
Recognitions & Rankings of Target Polymers
Contact details
Target Polymers Private Limited's registered office is in Jamnagar, Gujarat. Its website is targetpolymers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMadhav Complex 3rd Floor Office No 311 1 Patel Colony Bedi Road, Jamnagar, Gujarat, India – 361008
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Target Polymers Private Limited, buy the company report.
Comprehensive company report
Target Polymers 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
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Business activity
The main business activity of Target Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Target Polymers Private Limited, buy the company report.
Financials of Target Polymers Private Limited
FY 2025 filings availableTarget Polymers Private Limited reported revenue of ₹1.07 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹1.07 Cr ▼ 19%
Net profit · FY 2025
₹15.8 Lakh margin 14.7%
EBITDA · FY 2025
₹58.1 Lakh margin 54.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 15%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 12%
5 years · compounded
▼ 7%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 19% fall in the latest year. EBITDA fell 6% 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 |
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| Total Expenses | |||||
| EBITDA | ₹58.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.8 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.1% | ||||
| Net Profit Margin | 14.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Target Polymers Private Limited, buy the company report.
Board of directors of Target Polymers Private Limited
Target Polymers 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 |
|---|---|---|---|---|
| Reeta Sandeep Kesaria Also directs: Realgold Pet-Cock Private Limited | Director | 30 Sep 1999 | 27 Years 0 Months | Current |
| Sandip Kishorbhai Kesaria | Director | 30 Sep 1999 | 27 Years 0 Months | Current |
Peer comparison
Target Polymers Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), 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 |
|---|---|---|---|---|---|---|
| Teeson Polymers Pvt Ltd | ₹1.09 Cr (FY 2025) | -13.0% | Thrissur, Kerala, India | |||
| Sakambari Packaging Products Pvt Ltd | ₹1.08 Cr (FY 2023) | -12.0% | Howrah, West Bengal, India | |||
| Om Foam Private Limited | ₹1.08 Cr (FY 2025) | -13.0% | Indore, Madhya Pradesh, India | |||
| Target Polymers Private Limitedthis company | ₹1.07 Cr (FY 2025) | ₹15.8 Lakh | 14.7% | -19.0% | Jamnagar, Gujarat, India | |
| Trimurti Autoplast Private Limited | ₹1.04 Cr (FY 2016) | -52.0% | New Delhi, Delhi, India |
To see the full peer comparison of Target Polymers Private Limited, buy the company report.
Auditor
Target Polymers Private Limited is audited by CHETAN AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN AGARWAL & CO | FY 2023 | 120447W |
Shareholding
The shareholding of Target Polymers 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 Target Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2005 | 80002450 | Hdfc Bank Limited | ₹1.45 Cr | Open | |
| 16 Mar 2005 | 90316282 | Hdfc Bank | ₹25 Lakh | Open |
To see the full charge records of Target Polymers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Target Polymers Private Limited has 5 court cases on record: 3 filed by Target Polymers, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jamnagar, Gujarat | Court case (CR A) | Filed against the company by individuals | Disposed |
| District court, Jamnagar, Gujarat | Criminal miscellaneous application | Filed by the company against Shivam Flexi Pack Industries and 1 other | Disposed |
| District court, Jamnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner | Disposed |
To see the full case history of Target Polymers 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
No delayed payments to MSME suppliers are on our record for Target Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Target Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT4009N1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Target Polymers Private Limited, buy the company report.
Recent activity
Target Polymers Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Kishorbhai Kakubhai Kesaria ceased to be Director on 28 Jan 2016.
AGM
Target Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Target Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Kishorbhai Kakubhai Kesaria ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 145.00 Lakh registered on 16 Mar 2005 with Charge ID 80002450 was modified on 04 Jul 2008.
Appointed
Kishorbhai Kakubhai Kesaria was appointed as Director.
Charges
A charge with Hdfc Bank amounted to Rs. 25.00 Lakh with Charge ID 90316282 was registered on 16 Mar 2005.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 145.00 Lakh with Charge ID 80002450 was registered on 16 Mar 2005.
Appointed
Reeta Sandeep Kesaria was appointed as Director.
Appointed
Sandip Kishorbhai Kesaria was appointed as Director.
Incorporation
30 Sep 1999
Target Polymers Private Limited was registered on 30 Sep 1999 with Roc Ahmedabad & aged 27 years 26 days as per MCA records.
Frequently asked questions
Target Polymers is an active private limited company based in Jamnagar, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 30 September 1999 (27+ years old) and is registered under CIN U25209GJ1999PTC036660.
Target Polymers has 2 current directors:
- Reeta Sandeep Kesaria - Director
- Sandip Kishorbhai Kesaria - Director
The latest financial statements of Target Polymers 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 Target Polymers is 24AABCT4009N1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Target Polymers is U25209GJ1999PTC036660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Target Polymers has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Target Polymers was incorporated on 30 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Target Polymers by revenue are Teeson Polymers Pvt Ltd, Sakambari Packaging Products Pvt Ltd, Om Foam Private Limited, Trimurti Autoplast Private Limited, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kishorbhai Kakubhai Kesaria ceased to be Director on 28 Jan 2016. Kishorbhai Kakubhai Kesaria was appointed as Director on 01 Dec 2005. Reeta Sandeep Kesaria was appointed as Director on 30 Sep 1999. Target Polymers has 4 board changes on record in total.
Yes, Target Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-10-0001442).
Target Polymers can be reached through the website targetpolymers.in. Its registered office is in Jamnagar, Gujarat, India.