MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0262844
Victory Polychem Private Limited - chemicals and materials in Mulshi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.97 Cr
▼ 5% YoY
Net profit · FY 2025
₹70.07 Lakh
Net margin 2.9%
EBITDA · FY 2025
₹2.48 Cr
EBITDA margin 10.3%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹15.19 Cr
Satisfied ₹7.91 Cr
Company age
4 yrs
Est. 2022
Employees · EPFO
50
Provident fund records
About Victory Polychem Private Limited
Data last updated:
Victory Polychem Private Limited is a private limited company based in Mulshi, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 23 March 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U23202PN2022PTC209597. Its GSTIN is 27AAICV6224G1Z7 (Maharashtra).
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Yashh Kkaulgud and Ameeth Arvind Kkaulgud.
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 297 Plot No 11 & 23, Taluka – Mulshi, Maharashtra, India – 412115.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.97 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹70.07 Lakh (net margin 2.9%) and EBITDA of ₹2.48 Cr (EBITDA margin 10.3%).
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.19 Cr and satisfied charges of ₹7.91 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Victory Polychem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0262844). For more details, the company can be reached via its website polychem.co.in.
Company details
CIN U23202PN2022PTC209597
Registration Number 209597
Incorporation Date 23 March 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-26-0262844
Recognitions & Rankings of Victory Polychem
Contact details
Victory Polychem Private Limited's registered office is in Mulshi, Maharashtra. Its website is polychem.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 297 Plot No 11 & 23, Taluka – Mulshi, Maharashtra, India – 412115
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Victory Polychem Private Limited, buy the company report.
Comprehensive company report
Victory Polychem 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 Victory Polychem is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Victory Polychem Private Limited, buy the company report.
Financials of Victory Polychem Private Limited
FY 2025 filings availableVictory Polychem Private Limited reported revenue of ₹23.97 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹23.97 Cr ▼ 5%
Net profit · FY 2025
₹70.07 Lakh margin 2.9%
EBITDA · FY 2025
₹2.48 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
EBITDA CAGR growth
1 year
▼ 11%
Revenue fell 5% in the latest year. EBITDA fell 11% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹23.97 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.48 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹70.07 Lakh | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.3% | |||
| Net Profit Margin | 2.9% | |||
| 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 Victory Polychem Private Limited, buy the company report.
Board of directors of Victory Polychem Private Limited
Victory Polychem has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashh Kkaulgud | Director | 22 Feb 2024 | 2 Years 8 Months | Current |
| Ameeth Arvind Kkaulgud | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
| Kranti Ameeth Kkaulgud | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Victory Polychem Private Limited is audited by Chandorkar & Limaye for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandorkar & Limaye | FY 2023 | 101669W |
Shareholding
The shareholding of Victory Polychem Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Victory Polychem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.19 Cr
Satisfied charges
₹7.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2026 | 101346689 | Others | ₹59 Lakh | Open | |
| 29 Aug 2025 | 101158624 | Others | ₹6.1 Cr | Open | |
| 25 Oct 2024 | 100997100 | Others | ₹3.5 Cr | Open | |
| 30 Mar 2023 | 100711047 | Others | ₹5 Cr | Open | |
| 17 Oct 2023 | 100819195 | Yes Bank Limited | ₹6.51 Cr | Satisfied |
To see the full charge records of Victory Polychem Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Victory Polychem Private Limited has 2 court cases on record: 2 filed by Victory Polychem. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMAO) | Filed by the company against NHB Ball and Roller Limited THR. Kalpesh Bhaskar Mehta | Disposed |
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against NHB Ball and Roller Limited Represented Thro. Its Authorized Representative Kalpesh Bhaskar Mehta | Disposed |
To see the full case history of Victory Polychem 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
Victory Polychem Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 867 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Texon Packaging Private Limited | |||
| Lubri-Chem | |||
| an individual supplier | |||
| Jyoti Polypack LLP |
To see the full MSME payment records of Victory Polychem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Victory Polychem Private Limited has a workforce of 50 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
13.64%
GST
Victory Polychem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV6224G1Z7 | Maharashtra | Active | 26 Apr 2022 |
To see the full GST registrations and return filing status of Victory Polychem Private Limited, buy the company report.
Recent activity
Victory Polychem Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Yashh Kkaulgud was appointed as Director on 22 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.59 Cr with Charge ID 101346689 was registered on 13 Jul 2026.
Charges
A charge with Others of Rs. 6.10 Cr registered on 29 Aug 2025 with Charge ID 101158624 was modified on 14 Nov 2025.
Charges
A charge registered on 17 Oct 2023 via Charge ID 100819195 with Yes Bank Limited was fully satisfied on 07 Nov 2025.
AGM
Victory Polychem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.10 Cr with Charge ID 101158624 was registered on 29 Aug 2025.
Filing
Victory Polychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100997100 was registered on 25 Oct 2024.
Appointed
Yashh Kkaulgud was appointed as Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 6.51 Cr with Charge ID 100819195 was registered on 17 Oct 2023.
Charges
A charge registered on 05 Jan 2023 via Charge ID 100670871 with Hdfc Bank Limited was fully satisfied on 12 Jun 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100711047 was registered on 30 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100670871 was registered on 05 Jan 2023.
3 earlier events are in the company report.
Frequently asked questions
Victory Polychem is an active private limited company based in Mulshi, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 23 March 2022 (4+ years old) and is registered under CIN U23202PN2022PTC209597.
Victory Polychem has 3 current directors:
- Yashh Kkaulgud - Director
- Ameeth Arvind Kkaulgud - Director
- Kranti Ameeth Kkaulgud - Director
The latest financial statements of Victory Polychem 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 2022 are in the company report.
The GSTIN of Victory Polychem is 27AAICV6224G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Victory Polychem is U23202PN2022PTC209597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Polychem has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Victory Polychem was incorporated on 23 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
Yashh Kkaulgud was appointed as Director on 22 Feb 2024. Ameeth Arvind Kkaulgud was appointed as Director on 23 Mar 2022. Kranti Ameeth Kkaulgud was appointed as Director on 23 Mar 2022.
Yes, Victory Polychem is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0262844).
Victory Polychem has 4 MSME Form 1 returns on record between 2023 and 2024, listing 867 overdue payments to 17 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Victory Polychem can be reached through the website polychem.co.in. Its registered office is in Mulshi, Maharashtra, India.
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