MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0018322
Tonchi Polymers Private Limited - manufacturing in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.43 Cr
▲ 136% YoY
Net profit · FY 2024
₹33.64 Lakh
Net margin 23.5%
EBITDA · FY 2024
₹48.78 Lakh
EBITDA margin 34.1%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹1.16 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Tonchi Polymers Private Limited
Data last updated:
Tonchi Polymers Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 11 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25190KA2019PTC121252. Its GSTIN is 29AAHCT1662M1ZT (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Sushma Mahadev Matbar and Sanjay Balasaheb Magdum.
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 Plot No – 99/107 S.No – 335/3 Doddannavar Compound Beside Abhinandan Foods Udyambag, Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.43 Cr, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹33.64 Lakh (net margin 23.5%) and EBITDA of ₹48.78 Lakh (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
As per MCA filings, the company has open charges of ₹1.16 Cr on record. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹30 Lakh; the latest was in March 2023. Its 7 peer companies in the Manufacturing industry (Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 2 smaller; the largest is Saburi Rubber India Private Limited with revenue of ₹1.45 Cr.
Tonchi Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0018322). For more details, the company can be reached via its website tonchi.in.
Company details
CIN U25190KA2019PTC121252
Registration Number 121252
Incorporation Date 11 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0018322
Recognitions & Rankings of Tonchi Polymers
Contact details
Tonchi Polymers Private Limited's registered office is in Belgaum, Karnataka. Its website is tonchi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 99/107 S.No – 335/3 Doddannavar Compound Beside Abhinandan Foods Udyambag, Belgaum, Karnataka, India – 590008
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Tonchi Polymers Private Limited, buy the company report.
Comprehensive company report
Tonchi 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 Tonchi 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 Tonchi Polymers Private Limited, buy the company report.
Financials of Tonchi Polymers Private Limited
FY 2025 filings availableTonchi Polymers Private Limited reported revenue of ₹1.43 Cr (up 136% YoY) for FY 2024.
Revenue · FY 2024
₹1.43 Cr ▲ 136%
Net profit · FY 2024
₹33.64 Lakh margin 23.5%
EBITDA · FY 2024
₹48.78 Lakh margin 34.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 136%
3 years · compounded
▲ 109%
EBITDA CAGR growth
1 year
▲ 286%
3 years · compounded
▲ 57%
Revenue has grown at a compounded annual rate (CAGR) of 109% over three years, including 136% growth in the latest year. EBITDA rose 286% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹48.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.64 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.1% | ||||
| Net Profit Margin | 23.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tonchi Polymers Private Limited, buy the company report.
Board of directors of Tonchi Polymers Private Limited
Tonchi Polymers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushma Mahadev Matbar Also directs: Quickast Makers Space Private Limited | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Sanjay Balasaheb Magdum Also directs: 4Usarv Solutions Private Limited | Director | 11 Feb 2019 | 7 Years 9 Months | Current |
Peer comparison
Tonchi Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Polymers, Rubber 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 |
|---|---|---|---|---|---|---|
| Saburi Rubber India Private Limited | ₹1.45 Cr (FY 2017) | 3.0% | Naihati, West Bengal, India | |||
| Shri Ganesh Laxmi Polymers Private Limited | ₹1.44 Cr (FY 2025) | 63.0% | Jaipur, Rajasthan, India | |||
| MM Mezhukkattil Farmeto Private Limited | ₹1.44 Cr (FY 2024) | 19.0% | Ernakulam, Kerala, India | |||
| TPH Consumer Products (India) Private Limited | ₹1.43 Cr (FY 2025) | 23.0% | Thane, Maharashtra, India | |||
| Samartha Rubber Products Private Limited | ₹1.43 Cr (FY 2022) | 51.0% | Chennai, Tamil Nadu, India | |||
| Tonchi Polymers Private Limitedthis company | ₹1.43 Cr (FY 2024) | ₹33.64 Lakh | 23.5% | 136.0% | Belgaum, Karnataka, India | |
| Super Spinners and Engineering Industries P Ltd | ₹1.42 Cr (FY 2025) | -4.0% | Punjab, India | |||
| Harman Technocrats Private Limited | ₹1.42 Cr (FY 2024) | 51.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tonchi Polymers Private Limited, buy the company report.
Auditor
Tonchi Polymers Private Limited is audited by KRISHNANAND KAMAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNANAND KAMAT | FY 2023 | 221871 |
Shareholding
The shareholding of Tonchi Polymers Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Tonchi Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101218309 | Hdfc Bank Limited | ₹12.68 Lakh | Open | |
| 12 Sep 2019 | 100299260 | State Bank of India | ₹1.03 Cr | Open |
To see the full charge records of Tonchi Polymers Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Tonchi Polymers Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹30 Lakh; the latest was in March 2023.
Total deals
6
Secondary share transfers
4
Funding round
1
Rights issue
1
Disclosed funding
₹30 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Rights issue | ₹5 Lakh | Investors: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Enerzi Innotek Solutions Private Limited |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Tonchi Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tonchi Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tonchi Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tonchi Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT1662M1ZT | Karnataka | Active | 11 Feb 2019 |
To see the full GST registrations and return filing status of Tonchi Polymers Private Limited, buy the company report.
Recent activity
Tonchi Polymers Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Sushma Mahadev Matbar ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.68 Lakh with Charge ID 101218309 was registered on 25 Nov 2025.
AGM
Tonchi Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tonchi Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sushma Mahadev Matbar ceased to be Additional Director.
Appointed
Sushma Mahadev Matbar was appointed as Director.
Ceased
Prakash Somanna Mugali ceased to be Director.
Ceased
Sanjay Balkrishna Patil ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 103.00 Lakh registered on 12 Sep 2019 with Charge ID 100299260 was modified on 11 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 103.00 Lakh with Charge ID 100299260 was registered on 12 Sep 2019.
Appointed
Sanjay Balasaheb Magdum was appointed as Director.
Incorporation
11 Feb 2019
Tonchi Polymers Private Limited was registered on 11 Feb 2019 with Roc Bangalore & aged 7 years 9 months as per MCA records.
Frequently asked questions
Tonchi Polymers is an active private limited company based in Belgaum, Karnataka, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 11 February 2019 (7+ years old) and is registered under CIN U25190KA2019PTC121252.
Tonchi Polymers has 2 current directors:
- Sushma Mahadev Matbar - Director
- Sanjay Balasaheb Magdum - Director
The latest financial statements of Tonchi 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 FY 2019 are in the company report.
The GSTIN of Tonchi Polymers is 29AAHCT1662M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Tonchi Polymers is U25190KA2019PTC121252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tonchi Polymers was incorporated on 11 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Tonchi Polymers has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹30 Lakh; the latest was in March 2023.
The peers of Tonchi Polymers by revenue are Saburi Rubber India Private Limited, Shri Ganesh Laxmi Polymers Private Limited, MM Mezhukkattil Farmeto Private Limited, TPH Consumer Products (India) Private Limited, Samartha Rubber Products Private Limited and 2 more, all in the Manufacturing industry (Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sushma Mahadev Matbar ceased to be Additional Director on 29 Sep 2024. Sushma Mahadev Matbar was appointed as Director on 20 Dec 2023. Prakash Somanna Mugali ceased to be Director on 06 Dec 2023. Tonchi Polymers has 5 board changes on record in total.
Yes, Tonchi Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0018322).
Tonchi Polymers can be reached through the website tonchi.in. Its registered office is in Belgaum, Karnataka, India.
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