MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0091521
Tricon Polymers Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.22 Cr
▲ 1% YoY
Net profit · FY 2024
₹1.18 Cr
Net margin 3.7%
EBITDA · FY 2024
₹2.26 Cr
EBITDA margin 7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹30.35 Lakh
Issued & subscribed
Open charges
₹11.4 Cr
Satisfied ₹66.75 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
44
Provident fund records
About Tricon Polymers Private Limited
Data last updated:
Tricon Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 07 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25110MH1997PTC107116. Its GSTIN is 27AAACT5723C1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30.35 Lakh. It is led by directors including Anilkumar Sunder Shetty (Managing Director) and Sukumar Bhaskar Shetty (Managing Director).
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 D/11 Udyog Sadan No.II Central Road Opp.Esic Hospital MIDC Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.22 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 3.7%) and EBITDA of ₹2.26 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 11% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.4 Cr and satisfied charges of ₹66.75 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
Tricon Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0091521). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website triconpolymers.com.
Company details
CIN U25110MH1997PTC107116
Registration Number 107116
Incorporation Date 07 April 1997
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-19-0091521
CIN history
Tricon Polymers has one previous CIN (Corporate Identification Number): U25110MH2004PTC107116. The current CIN is U25110MH1997PTC107116, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25110MH1997PTC107116 | Current |
| U25110MH2004PTC107116 | Previous |
Key People
Anilkumar Sunder Shetty Managing Director Sukumar Bhaskar Shetty Managing Director Neena Anil Shetty Director Recognitions & Rankings of Tricon Polymers
Contact details
Tricon Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is triconpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD/11 Udyog Sadan No.II Central Road Opp.Esic Hospital MIDC Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Tricon Polymers Private Limited, buy the company report.
Comprehensive company report
Tricon 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Tricon 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 Tricon Polymers Private Limited, buy the company report.
Financials of Tricon Polymers Private Limited
FY 2025 filings availableTricon Polymers Private Limited reported revenue of ₹32.22 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹32.22 Cr ▲ 1%
Net profit · FY 2024
₹1.18 Cr margin 3.7%
EBITDA · FY 2024
₹2.26 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 38%
5 years · compounded
▲ 11%
EBITDA CAGR growth
3 years · compounded
▲ 62%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth 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 |
|---|---|---|---|---|---|
| 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 | ₹2.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 3.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Tricon Polymers Private Limited, buy the company report.
Board of directors of Tricon Polymers Private Limited
Tricon Polymers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neena Anil Shetty Also directs: Gold Coast LLP | Director | 25 Nov 1999 | 26 Years 10 Months | Current |
| Vidya Sukumar Shetty Also directs: Quantisage Private Limited | Director | 25 Nov 1999 | 26 Years 10 Months | Current |
| Anilkumar Sunder Shetty Also directs: Ansuk Polymers Private Limited, Gold Coast LLP | Managing Director | 07 Apr 1997 | 29 Years 6 Months | Current |
| Sukumar Bhaskar Shetty Also directs: Ansuk Polymers Private Limited | Managing Director | 22 Apr 1997 | 29 Years 6 Months | Current |
Auditor
Tricon Polymers Private Limited is audited by B.S. SHETTY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.S. SHETTY & ASSOCIATES | FY 2023 | 037563 |
Shareholding
The shareholding of Tricon Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tricon Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.4 Cr
Satisfied charges
₹66.75 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2025 | 101115365 | Idbi Bank Limited | ₹3.5 Cr | Open | |
| 30 Nov 2023 | 100887511 | Idbi Bank Limited | ₹40 Lakh | Open | |
| 02 Aug 2002 | 90151002 | Idbi Bank Limited | ₹7.5 Cr | Open | |
| 07 Nov 2017 | 100144673 | Idbi Bank Limited | ₹19.25 Lakh | Satisfied | |
| 13 Oct 2015 | 10599394 | Hdfc Bank Limited | ₹6 Lakh | Satisfied |
To see the full charge records of Tricon Polymers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Tricon Polymers Private Limited has 5 court cases on record: 3 filed by Tricon Polymers, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (OSA) | Filed by the company against M/S Ideb Projects Private Limited | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against M/S Ideb Projects Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against DP Jain and Co Infrastructure Pvt Ltd and 3 others | Pending |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Tricon 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
Tricon Polymers Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Excel Petroleum Pvt Ltd | |||
| an individual supplier | |||
| Panorama Plastics Private Limited | |||
| Aflon Engineering Private Limited |
To see the full MSME payment records of Tricon Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tricon Polymers Private Limited has a workforce of 44 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-2.22%
GST
Tricon Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT5723C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tricon Polymers Private Limited, buy the company report.
Recent activity
Tricon Polymers Private Limited has 6 board changes on record since 1997: 4 appointments and 2 cessations. The latest: Anilkumar Sunder Shetty ceased to be Whole-Time Director on 01 Oct 2018.
AGM
Tricon Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Idbi Bank Limited of Rs. 3.50 Cr registered on 09 May 2025 with Charge ID 101115365 was modified on 28 May 2025.
Charges
A charge with Idbi Bank Limited of Rs. 7.50 Cr registered on 02 Aug 2002 with Charge ID 90151002 was modified on 15 May 2025.
Charges
A charge with Idbi Bank Limited amounted to Rs. 3.50 Cr with Charge ID 101115365 was registered on 09 May 2025.
Filing
Tricon Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Idbi Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100887511 was registered on 30 Nov 2023.
Charges
A charge registered on 07 Nov 2017 via Charge ID 100144673 with Idbi Bank Limited was fully satisfied on 08 Mar 2023.
Charges
A charge registered on 13 Oct 2015 via Charge ID 10599394 with Hdfc Bank Limited was fully satisfied on 05 Oct 2019.
Ceased
Anilkumar Sunder Shetty ceased to be Whole-Time Director.
Ceased
Sukumar Bhaskar Shetty ceased to be Whole-Time Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100144673 was registered on 07 Nov 2017.
Charges
A charge registered on 22 Apr 2004 via Charge ID 90151183 with The United Western Bank Ltd. was fully satisfied on 01 Jul 2017.
14 earlier events are in the company report.
Frequently asked questions
Tricon Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 07 April 1997 (29+ years old) and is registered under CIN U25110MH1997PTC107116.
Tricon Polymers has 4 current directors:
- Anilkumar Sunder Shetty - Managing Director
- Sukumar Bhaskar Shetty - Managing Director
- Neena Anil Shetty - Director
- Vidya Sukumar Shetty - Director
The latest financial statements of Tricon 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 Tricon Polymers is 27AAACT5723C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tricon Polymers is U25110MH1997PTC107116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tricon Polymers has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Tricon Polymers was incorporated on 07 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Anilkumar Sunder Shetty ceased to be Whole-Time Director on 01 Oct 2018. Sukumar Bhaskar Shetty ceased to be Whole-Time Director on 01 Dec 2017. Neena Anil Shetty was appointed as Director on 25 Nov 1999. Tricon Polymers has 6 board changes on record in total.
Yes, Tricon Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0091521).
Tricon Polymers has 12 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 4 micro and small suppliers. The latest return was filed on 27 Oct 2023.
Tricon Polymers can be reached through the website triconpolymers.com. Its registered office is in Mumbai, Maharashtra, India.