MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-PB-12-0015728
Victory Polyfoams Private Limited - consumer goods in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.01 Cr
▲ 43% YoY
Net profit · FY 2025
₹22 Lakh
Net margin 1%
EBITDA · FY 2025
₹1.58 Cr
EBITDA margin 7.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.79 Lakh
Issued & subscribed
Open charges
₹2.34 Cr
Satisfied ₹4.04 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
11
Provident fund records
About Victory Polyfoams Private Limited
Data last updated:
Victory Polyfoams Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17214PB1997PTC019972. Its GSTIN is 03AABCV2458D1ZQ (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.79 Lakh. It is led by directors including Harjit Singh (Managing Director) and Kunwar Rashbaig Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vill. Kohara Machhiwara Road, Ludhiana, Punjab, India – 141112.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.01 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹22 Lakh (net margin 1%) and EBITDA of ₹1.58 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 25% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.34 Cr and satisfied charges of ₹4.04 Cr on record.
Victory Polyfoams Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0015728). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website victorypolyfoams.com.
Company Details of Victory Polyfoams Private Limited
CIN U17214PB1997PTC019972
Registration Number 019972
Incorporation Date 21 May 1997
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0015728
Recognitions & Rankings of Victory Polyfoams
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVill. Kohara Machhiwara Road, Ludhiana, Punjab, India – 141112
- IndustryConsumer Goods, Home Furnishings Manufacturing
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Business Activity of Victory Polyfoams Private Limited
The main business activity of Victory Polyfoams is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Victory Polyfoams Private Limited FY 2024 filings available
Victory Polyfoams Private Limited reported revenue of ₹22.01 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹22.01 Cr ▲ 43%
Net profit · FY 2025
₹22 Lakh margin 1%
EBITDA · FY 2025
₹1.58 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR) of Victory Polyfoams Private Limited
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 21%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 43% growth in the latest year. EBITDA rose 113% 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 Victory Polyfoams 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 | ₹1.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22 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 of Victory Polyfoams Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Victory Polyfoams 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 Victory Polyfoams Private Limited
Victory Polyfoams has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjit Singh | Managing Director | 21 May 1997 | 29 Years 5 Months | Current |
| Kunwar Rashbaig Singh | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Surinder Kaur | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
Peer Comparison of Victory Polyfoams Private Limited
Victory Polyfoams Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunkalp Cottoncraft Private Limited | ₹22.26 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Rhodenium Private Limited | ₹22.2 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Neelkamal Wooltex Private Limited | ₹22.16 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Delhi, India |
| Himalaya Polyurethane Private Limited | ₹22.1 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Ulhasnagar, Maharashtra, India |
| Triad Exports Private Limited | ₹22.1 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| Victory Polyfoams Private Limited this company | ₹22.01 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Ludhiana, Punjab, India |
| Suraaj Linens Private Limited | ₹21.79 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Mumbai, Maharashtra, India |
| Multi Creations Private Limited | ₹21.76 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Foam Home (India ) Private Limited | ₹21.72 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Spring Air Bedding Company (India) Limited | ₹21.63 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Karnataka State Coir Development Corporation Limited | ₹21.6 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Victory Polyfoams by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 Victory Polyfoams Private Limited
Victory Polyfoams Private Limited is audited by J. PAUL GUPTA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. PAUL GUPTA & CO. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Victory Polyfoams 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 Victory Polyfoams Private Limited
Open charges
₹2.34 Cr
Satisfied charges
₹4.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2024 | Hdfc Bank Limited | ₹17.5 Lakh | Open |
| 12 Jun 2024 | Hdfc Bank Limited | ₹21.45 Lakh | Open |
| 11 Jan 2024 | Hdfc Bank Limited | ₹17.5 Lakh | Open |
| 03 Feb 2023 | Hdfc Bank Limited | ₹1.78 Cr | Open |
| 28 Jun 2019 | Others | ₹3.39 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Victory Polyfoams Private Limited
Victory Polyfoams Private Limited has a workforce of 11 employees as of Apr 08, 2024.
Employee count
11
Active EPFO establishments
1
Employee growth
10%
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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 Victory Polyfoams Private Limited
Victory Polyfoams Private Limited has 7 board changes on record since 1997: 3 appointments and 4 cessations. The latest: Kunwar Rashbaig Singh ceased to be Additional Director on 29 Sep 2018.
AGM
Victory Polyfoams Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.50 Lakh with Charge ID 100961419 was registered on 28 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.45 Lakh with Charge ID 100952541 was registered on 12 Jun 2024.
Filing
Victory Polyfoams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.50 Lakh with Charge ID 100875370 was registered on 11 Jan 2024.
Charges
A charge registered on 28 Jun 2019 via Charge ID 100274110 with Others was fully satisfied on 23 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 178.00 Lakh with Charge ID 100688968 was registered on 03 Feb 2023.
Charges
A charge with Others amounted to Rs. 338.50 Lakh with Charge ID 100274110 was registered on 28 Jun 2019.
Charges
A charge registered on 28 Jun 1998 via Charge ID 90309170 with State Bank Of India was fully satisfied on 05 Oct 2018.
Ceased
Kunwar Rashbaig Singh ceased to be Additional Director.
Ceased
Surinder Kaur ceased to be Additional Director.
Appointed
Kunwar Rashbaig Singh was appointed as Director.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Victory Polyfoams Private Limited
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MSME Payment Delays by Victory Polyfoams Private Limited
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Subsidiaries & Group Companies of Victory Polyfoams Private Limited
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Corporate group structure
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GST Compliance of Victory Polyfoams Private Limited
Victory Polyfoams has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV2458D1ZQ | Punjab | Active | 01 Jul 2017 |
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MCA Filings & Documents of Victory Polyfoams Private Limited
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Frequently Asked Questions about Victory Polyfoams Private Limited
Victory Polyfoams is an active private limited company based in Ludhiana, Punjab, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 May 1997 (29+ years old) and is registered under CIN U17214PB1997PTC019972.
Victory Polyfoams reported revenue of ₹22.01 Cr for FY 2025 (up 43% YoY).
Victory Polyfoams has 3 current directors:
- Harjit Singh - Managing Director
- Kunwar Rashbaig Singh - Director
- Surinder Kaur - Director
Victory Polyfoams reported a net profit of ₹22 Lakh (net margin 1%) and EBITDA of ₹1.58 Cr (EBITDA margin 7.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Victory Polyfoams is 21% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Victory Polyfoams is 03AABCV2458D1ZQ, registered in Punjab.
The CIN (Corporate Identification Number) of Victory Polyfoams is U17214PB1997PTC019972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Polyfoams was incorporated on 21 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Victory Polyfoams by revenue are Sunkalp Cottoncraft Private Limited, Rhodenium Private Limited, Neelkamal Wooltex Private Limited, Himalaya Polyurethane Private Limited, Triad Exports Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Kunwar Rashbaig Singh ceased to be Additional Director on 29 Sep 2018. Surinder Kaur ceased to be Additional Director on 29 Sep 2018. Kunwar Rashbaig Singh was appointed as Director on 03 Oct 2017. Victory Polyfoams has 7 board changes on record in total.
Yes, Victory Polyfoams is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0015728).