About Tirth Polymers Private Limited
Data last updated:
Tirth Polymers Private Limited is a private limited company based in Ahmadabad City, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 27 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2004PTC045214. Its GSTIN is 24AABCH5013L2ZT (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹68 Lakh and a paid-up capital of ₹44.72 Lakh. It was formerly known as Home Polymers Private Limited. It is led by directors Chandreshkumar Patel and Kalpeshkumar Patel.
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 Ahmadabad City, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.12 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 1.8%) and EBITDA of ₹6.08 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tirth Polymers. As per MCA filings, the company has open charges of ₹10.74 Cr and satisfied charges of ₹22.23 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹1.62 Cr; the latest was in January 2019. Its 10 peer companies in the Manufacturing industry (Industrial Chemicals, Plastic Based Products, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Om Tex Chem Limited. The company has 1 MSME Form 1 return on record for the period ending May 2019, listing 162 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tirthpolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlock – C Unit No.1205, Prahaladnagar Trade Center B/H Titenium City Center Radio Mirchi Road Prahladnagar, Ahmadabad City, Gujarat, India – 380015
- IndustryManufacturing, Plastic-Based Products
- 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
Business Activity of Tirth Polymers Private Limited
The main business activity of Tirth Polymers is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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
Verified entity values are shown only after access is granted.
Financials of Tirth Polymers Private Limited FY 2025 filings available
Tirth Polymers Private Limited reported revenue of ₹59.12 Cr (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tirth Polymers Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 56% 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 Tirth Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹59.12 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.06 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 Tirth Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Tirth Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Tirth Polymers Private Limited
Tirth Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Industrial Chemicals, Plastic Based Products, Polymers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Tex Chem Limited | •••• | •••• | •••• | •••• | 21 | Mumbai, Maharashtra, India |
| Kaira Technoplast Private Limited | •••• | •••• | •••• | •••• | - | Khargone, Madhya Pradesh, India |
| Mewad Polymers Private Limited | •••• | •••• | •••• | •••• | 48 | Indore, Madhya Pradesh, India |
| Flexicom Industries Private Limited | •••• | •••• | •••• | •••• | 36 | Guwahati, Assam, India |
| Vivachem Intermediates Private Limited | •••• | •••• | •••• | •••• | 55 | Raikot, Punjab, India |
| Tirth Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Milan Plast Private Limited | •••• | •••• | •••• | •••• | 71 | Mumbai, Maharashtra, India |
| Nutech Polymers Private Limited | •••• | •••• | •••• | •••• | 39 | Udaipur, Rajasthan, India |
| Cellulose Solutionss Private Limited | •••• | •••• | •••• | •••• | 33 | Hyderabad, Telangana, India |
| Jyothis Explo Private Limited | •••• | •••• | •••• | •••• | - | Palakkad, Kerala, India |
| A.M.P. Polymers India Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Tirth Polymers by revenue in the Manufacturing industry (Industrial Chemicals, Plastic Based Products, Polymers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Tirth Polymers Private Limited
Tirth Polymers Private Limited is audited by BHADRESH DIPAN & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHADRESH DIPAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tirth Polymers Private Limited
Tirth Polymers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandreshkumar Patel Also directs: Ibis Polymers LLP, Devsang Security Services Private Limited | Director | 27 Dec 2004 | 21 Years 9 Months | Current |
| Kalpeshkumar Patel Also directs: Ibis Polymers LLP, Devsang Security Services Private Limited | Director | 27 Dec 2004 | 21 Years 9 Months | Current |
Ownership and Shareholding of Tirth Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tirth Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2024 | Others | ₹1.64 Cr | Open |
| 05 Dec 2024 | Others | ₹7 Cr | Open |
| 28 Feb 2023 | Hdfc Bank Limited | ₹51.99 Lakh | Open |
| 19 Dec 2022 | Hdfc Bank Limited | ₹42.82 Lakh | Open |
| 01 Jul 2021 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 13 View all charges
Deals & Funding of Tirth Polymers Private Limited
Tirth Polymers Private Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹1.62 Cr; the latest was in January 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Rights issue | ₹2.17 Cr | Investors: 2 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Naisargik Agritech (India) Limited , Super Domestic Machines Limited |
| Oct 2011 | Funding round | ₹1.5 Cr | Investors: Naisargik Agritech (India) Limited , Super Domestic Machines Limited |
| Mar 2011 | Funding round | ₹12 Lakh | Investors: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Tirth Polymers Private Limited
Tirth Polymers Private Limited has 2 court cases on record: 2 filed by Tirth Polymers. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Peral Enterprises | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Tirth Polymers Private Limited
Tirth Polymers Private Limited has 1 MSME Form 1 return on record for the period ending May 2019, listing 162 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Sapna Industries-Valsad | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Tirth Polymers Private Limited
Tirth Polymers operates one associated brand: Tirth Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports plastic injection molded heat-sealed battery containers. | tirthpolymers.com |
Employees and EPFO Compliance at Tirth Polymers Private Limited
Tirth Polymers Private Limited has a workforce of 39 employees as of Sep 22, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tirth Polymers Private Limited
Tirth Polymers Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Chandreshkumar Patel was appointed as Director on 27 Dec 2004.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tirth Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tirth Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tirth Polymers Private Limited
Tirth Polymers has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH5013L2ZT | Gujarat | Active | 16 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tirth Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tirth Polymers Private Limited
Tirth Polymers is an active private limited company based in Ahmadabad City, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 27 December 2004 (22+ years old) and is registered under CIN U25200GJ2004PTC045214.
Tirth Polymers reported revenue of ₹59.12 Cr for FY 2024 (down 2% YoY).
Tirth Polymers has 2 current directors:
- Chandreshkumar Patel - Director
- Kalpeshkumar Patel - Director
Tirth Polymers reported a net profit of ₹1.06 Cr (net margin 1.8%) and EBITDA of ₹6.08 Cr (EBITDA margin 10.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tirth Polymers is 20% over three years and 20% over five years. In the latest year (FY 2024) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tirth Polymers is 24AABCH5013L2ZT, registered in Gujarat. 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 Tirth Polymers is U25200GJ2004PTC045214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tirth Polymers has 2 court cases on record: 2 filed by the company.
Tirth Polymers was incorporated on 27 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tirth Polymers has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹1.62 Cr; the latest was in January 2019.
The peers of Tirth Polymers by revenue are Om Tex Chem Limited, Kaira Technoplast Private Limited, Mewad Polymers Private Limited, Flexicom Industries Private Limited, Vivachem Intermediates Private Limited and 5 more, all in the Manufacturing industry (Industrial Chemicals, Plastic Based Products, Polymers).
Chandreshkumar Patel was appointed as Director on 27 Dec 2004. Kalpeshkumar Patel was appointed as Director on 27 Dec 2004.