MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-21-0000321
Vasani Polymers Private Limited - manufacturing in Talod, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.68 Cr
▼ 6% YoY
Net profit · FY 2025
₹5.04 Cr
Net margin 6.2%
EBITDA · FY 2025
₹10.14 Cr
EBITDA margin 12.6%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹9.2 Cr
Issued & subscribed
Open charges
₹72.21 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
46
Provident fund records
About Vasani Polymers Private Limited
Data last updated:
Vasani Polymers Private Limited is a private limited company based in Talod, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 09 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25191GJ2010PTC062551. Its GSTIN is 24AADCV5364N1ZW (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.2 Cr. It is led by directors Maheshkumar Keshavlal Patel (Managing Director) and Pravinkumar Keshavlal Patel (Whole-Time 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 Survey No. – 488/P & 519/P G.I.D.C At. Talod Dist. Sabarkantha, Gujarat, India – 383215.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.68 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.04 Cr (net margin 6.2%) and EBITDA of ₹10.14 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.21 Cr on record. Court records list 17 cases involving the company, including 17 filed by the company; 5 cases are pending. The company has 10 deals on record (4 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹3.49 Cr; the latest was in November 2021. Its 10 peer companies in the Manufacturing industry (Pipes, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Jindal Polytubes Private Limited with revenue of ₹82.17 Cr.
Vasani Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000321). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasanipolymers.com.
Company Details of Vasani Polymers Private Limited
CIN U25191GJ2010PTC062551
Registration Number 062551
Incorporation Date 09 October 2010
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 Medium
Udyam Registration UDYAM-GJ-21-0000321
Key People
Maheshkumar Keshavlal Patel Managing Director Pravinkumar Keshavlal Patel Whole-Time Director Recognitions & Rankings of Vasani Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. – 488/P & 519/P G.I.D.C At. Talod Dist. Sabarkantha, Gujarat, India – 383215
- IndustryManufacturing, Pipe & Tubes
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Business Activity of Vasani Polymers Private Limited
The main business activity of Vasani Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Vasani Polymers Private Limited FY 2025 filings available
Vasani Polymers Private Limited reported revenue of ₹80.68 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹80.68 Cr ▼ 6%
Net profit · FY 2025
₹5.04 Cr margin 6.2%
EBITDA · FY 2025
₹10.14 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR) of Vasani Polymers Private Limited
Revenue CAGR growth
1 year
▼ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 164%
5 years · compounded
▲ 19%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 164% 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 Vasani Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹10.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.04 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 Vasani Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 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 Vasani Polymers are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Vasani Polymers Private Limited
Vasani Polymers has 2 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 |
|---|---|---|---|---|
| Maheshkumar Keshavlal Patel Also directs: Vasani DWC Private Limited | Managing Director | 09 Oct 2010 | 16 Years 0 Months | Current |
| Pravinkumar Keshavlal Patel | Whole-Time Director | 09 Oct 2010 | 16 Years 0 Months | Current |
Peer Comparison of Vasani Polymers Private Limited
Vasani Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Polytubes Private Limited | ₹82.17 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Shakti Irrigation Private Limited | ₹82.13 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Dhar, Madhya Pradesh, India |
| A.N.D Valves and Castings India Private Limited | ₹81.95 Cr (FY 2022) | •••• | •••• | 126.0% | •••• | Hooghly, West Bengal, India |
| Perma-Pipe India Private Limited | ₹81.46 Cr (FY 2024) | •••• | •••• | 209.0% | •••• | Mumbai, Maharashtra, India |
| MBM Tubes Private Limited | ₹81.19 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Kalol, Gujarat, India |
| Vasani Polymers Private Limited this company | ₹80.68 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Talod, Gujarat, India |
| Silkflex Polymers (India) Limited | ₹80.51 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Howrah, West Bengal, India |
| Amit Sales Corporation Private Limited | ₹80.39 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Adiva Polymers Limited | ₹80.23 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Microrivvate Metal Private Limited | ₹80.13 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Panvel, Maharashtra, India |
| Astron Polymers Private Limited | ₹79.58 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Vasani Polymers by revenue in the Manufacturing industry (Pipes, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vasani Polymers Private Limited
Vasani Polymers Private Limited is audited by KARMA & CO. LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARMA & CO. LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Vasani Polymers Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Vasani Polymers Private Limited
Open charges
₹72.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2025 | Sidbi | ₹4.99 Cr | Open |
| 14 Aug 2012 | Others | ₹33.61 Cr | Open |
| 14 Aug 2012 | Others | ₹33.61 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Vasani Polymers Private Limited
Vasani Polymers Private Limited has 10 deals on record (4 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹3.49 Cr; the latest was in November 2021.
Total deals
10
Rights issues
4
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹3.49 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Rights issue | ₹50.4 Lakh | Investors: 2 individuals |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2018 | Rights issue | ₹2 Cr | Investors: 4 individuals |
| Oct 2017 | Rights issue | ₹51 Lakh | Investors: 2 individuals |
| Mar 2015 | Rights issue | ₹2.93 Cr | Investors: 4 individuals |
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Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Vasani Polymers Private Limited
Vasani Polymers Private Limited has 17 court cases on record: 17 filed by Vasani Polymers. 5 cases are pending and 12 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Total cases
17
Filed by the company
17
Pending
5
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SMST R) | Filed by the company against Aaryavart Infrastructure Private Limited | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against Dream Developers | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SPCS) | Filed by the company against Tirthraj Construction | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against Aaryavart Infrastucture Pvt Ltd | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SMST S) | Filed by the company against Dream Developers | Pending |
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Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Vasani Polymers Private Limited
Vasani Polymers Private Limited has a workforce of 46 employees as of Dec 01, 2025.
Employee count
46
Active EPFO establishments
1
Employee growth
-19.3%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Vasani Polymers Private Limited
Vasani Polymers Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Pravinkumar Keshavlal Patel ceased to be Director on 30 Apr 2025.
AGM
Vasani Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 33.61 Cr registered on 14 Aug 2012 with Charge ID 10378185 was modified on 06 Aug 2025.
Ceased
Pravinkumar Keshavlal Patel ceased to be Director.
Ceased
Maheshkumar Keshavlal Patel ceased to be Director.
Filing
Vasani Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 4.99 Cr with Charge ID 101076356 was registered on 24 Mar 2025.
Charges
A charge with Others of Rs. 33.61 Cr registered on 14 Aug 2012 with Charge ID 10378186 was modified on 09 Dec 2021.
Charges
A charge with Others amounted to Rs. 33.61 Cr with Charge ID 10378186 was registered on 14 Aug 2012.
Charges
A charge with Others amounted to Rs. 33.61 Cr with Charge ID 10378185 was registered on 14 Aug 2012.
Appointed
Maheshkumar Keshavlal Patel was appointed as Managing Director.
Appointed
Pravinkumar Keshavlal Patel was appointed as Whole-Time Director.
Incorporation
09 Oct 2010
Vasani Polymers Private Limited was registered on 09 Oct 2010 with Roc Ahmedabad & aged 16 years 12 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Vasani Polymers Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Vasani Polymers Private Limited
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Subsidiaries & Group Companies of Vasani Polymers Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Vasani Polymers Private Limited
Vasani Polymers has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV5364N1ZW | Gujarat | Active | 01 Jul 2017 |
| 27AADCV5364N1ZQ | Maharashtra | Active | 18 Sep 2025 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Vasani Polymers Private Limited
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MCA filings and documents
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Frequently Asked Questions about Vasani Polymers Private Limited
Vasani Polymers is an active private limited company based in Talod, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 09 October 2010 (16+ years old) and is registered under CIN U25191GJ2010PTC062551.
Vasani Polymers reported revenue of ₹80.68 Cr for FY 2025 (down 6% YoY).
Vasani Polymers has 2 current directors:
- Maheshkumar Keshavlal Patel - Managing Director
- Pravinkumar Keshavlal Patel - Whole-Time Director
Vasani Polymers reported a net profit of ₹5.04 Cr (net margin 6.2%) and EBITDA of ₹10.14 Cr (EBITDA margin 12.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vasani Polymers is 5% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vasani Polymers is 24AADCV5364N1ZW, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AADCV5364N1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Vasani Polymers is U25191GJ2010PTC062551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasani Polymers has 17 court cases on record: 17 filed by the company. 5 are pending. Most are in the district courts.
Vasani Polymers was incorporated on 09 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vasani Polymers has 10 deals on record (4 rights issues, 3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹3.49 Cr; the latest was in November 2021.
The peers of Vasani Polymers by revenue are Jindal Polytubes Private Limited, Shakti Irrigation Private Limited, A.N.D Valves and Castings India Private Limited, Perma-Pipe India Private Limited, MBM Tubes Private Limited and 5 more, all in the Manufacturing industry (Pipes, Polymers).