MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0000722
Vrunda Vitthal Polynet Limited - manufacturing in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.94 Cr
▲ 1% YoY
Net profit · FY 2025
₹1.99 Cr
Net margin 7.7%
EBITDA · FY 2025
₹3.71 Cr
EBITDA margin 14.3%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹11.21 Lakh
Issued & subscribed
Open charges
₹10.67 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
46
Provident fund records
About Vrunda Vitthal Polynet Limited
Data last updated:
Vrunda Vitthal Polynet Limited is a public limited company based in Vapi, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 08 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2011PLC066669. Its GSTIN is 24AADCV7611A1ZT (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹11.21 Lakh. It was formerly known as Vrunda Vitthal Polynet Private Limited. It is led by directors including Yagnik Mansukhlal Mori (Managing Director) and Parsotambhai Mori Devjibhai.
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.142 2nd Phase GIDC, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.94 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 7.7%) and EBITDA of ₹3.71 Cr (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% 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 ₹10.67 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
Vrunda Vitthal Polynet Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0000722). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vvppl.com.
Company details
CIN U25200GJ2011PLC066669
Registration Number 066669
Incorporation Date 08 August 2011
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 Small
Udyam Registration UDYAM-GJ-25-0000722
CIN history
Vrunda Vitthal Polynet has one previous CIN (Corporate Identification Number): U25200GJ2011PTC066669. The current CIN is U25200GJ2011PLC066669, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200GJ2011PLC066669 | Current |
| U25200GJ2011PTC066669 | Previous |
Key People
Yagnik Mansukhlal Mori Managing Director Parsotambhai Mori Devjibhai Director Nirajkumar Parshottambhai Mori Director Recognitions & Rankings of Vrunda Vitthal Polynet
Contact details
Vrunda Vitthal Polynet Limited's registered office is in Vapi, Gujarat. Its website is vvppl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.142 2nd Phase GIDC, Vapi, Gujarat, India – 396195
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Vrunda Vitthal Polynet Limited, buy the company report.
Comprehensive company report
Vrunda Vitthal Polynet 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 Vrunda Vitthal Polynet 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 Vrunda Vitthal Polynet Limited, buy the company report.
Financials of Vrunda Vitthal Polynet Limited
FY 2025 filings availableVrunda Vitthal Polynet Limited reported revenue of ₹25.94 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹25.94 Cr ▲ 1%
Net profit · FY 2025
₹1.99 Cr margin 7.7%
EBITDA · FY 2025
₹3.71 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 6%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 17%
5 years · compounded
▼ 3%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 8% 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 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 | ₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.99 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 7.7% | ||||
| 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 Vrunda Vitthal Polynet Limited, buy the company report.
Board of directors of Vrunda Vitthal Polynet Limited
Vrunda Vitthal Polynet has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parsotambhai Mori Devjibhai | Director | 08 Aug 2011 | 15 Years 3 Months | Current |
| Nirajkumar Parshottambhai Mori | Director | 08 Aug 2011 | 15 Years 3 Months | Current |
| Navnitkumar Devjibhai Mori | Director | 21 Nov 2013 | 12 Years 11 Months | Current |
| Madhuben Navnitbhai Mori | Director | 14 Feb 2014 | 12 Years 8 Months | Current |
| Heenaben Nirajbhai Mori | Director | 14 Feb 2014 | 12 Years 8 Months | Current |
| Yagnik Mansukhlal Mori | Managing Director | 16 Dec 2016 | 9 Years 10 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Vrunda Vitthal Polynet Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic 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 |
|---|---|---|---|---|---|---|
| Anil Thermoplastics Private Limited | ₹26.15 Cr (FY 2023) | 8.0% | Sivakasi, Tamil Nadu, India | |||
| Ficom Engineering Private Limited | ₹26.02 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Barnett Polypet Private Limited | ₹26.01 Cr (FY 2024) | -9.0% | Kadi, Gujarat, India | |||
| Vrunda Vitthal Polynet Limitedthis company | ₹25.94 Cr (FY 2025) | ₹1.99 Cr | 7.7% | 1.0% | 46 | Vapi, Gujarat, India |
| Sumeet Polypacks India Private Limited | ₹25.83 Cr (FY 2024) | 44.0% | Indore, Madhya Pradesh, India | |||
| Hira Polymers Private Limited | ₹25.82 Cr (FY 2025) | -4.0% | Aurangabad, Maharashtra, India | |||
| Agroha Colours Private Limited | ₹25.79 Cr (FY 2025) | 1.0% | Delhi, India |
To see the full peer comparison of Vrunda Vitthal Polynet Limited, buy the company report.
Auditor
Vrunda Vitthal Polynet Limited is audited by MEMON & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEMON & CO. | FY 2023 | 163760 |
Shareholding
The shareholding of Vrunda Vitthal Polynet Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Vrunda Vitthal Polynet Limited, buy the company report.
Charges & borrowings
Open charges
₹10.67 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2012 | 10349370 | Hdfc Bank Limited | ₹10.67 Cr | Open |
To see the full charge records of Vrunda Vitthal Polynet Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vrunda Vitthal Polynet Limited has 3 court cases on record: 2 filed by Vrunda Vitthal Polynet, 1 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Md,Odisha Agro Industries Corporation Ltd and 4 others | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Shiv Kant Chadha / Prop. of M/S. Shiva Sales Corporation | Pending |
| District court, Gir Somnath at Veraval, Gujarat | Court case (TMSUIT) | Filed against the company by Garware Technical Fibers Ltd. P.O.A Holder Pravinbhai Jayantibhai Somaiya | Pending |
To see the full case history of Vrunda Vitthal Polynet 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
Vrunda Vitthal Polynet Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 65 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 65)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Samtone Industries | |||
| Samet Plast | |||
| J.J. Plastalloy Private Limited | |||
| Rudraksh Polychem |
To see the full MSME payment records of Vrunda Vitthal Polynet Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vrunda Vitthal Polynet Limited has a workforce of 46 employees on its EPFO records as of Oct 16, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-11.54%
GST
Vrunda Vitthal Polynet has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV7611A1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vrunda Vitthal Polynet Limited, buy the company report.
Recent activity
Vrunda Vitthal Polynet Limited has 9 board changes on record since 2011: 8 appointments and 1 cessation. The latest: Rajeshkumar Manilal Faldu ceased to be Director on 31 Mar 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 10.67 Cr registered on 18 Apr 2012 with Charge ID 10349370 was modified on 26 Nov 2025.
AGM
Vrunda Vitthal Polynet Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vrunda Vitthal Polynet Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Rajeshkumar Manilal Faldu ceased to be Director.
Appointed
Yagnik Mansukhlal Mori was appointed as Managing Director.
Appointed
Heenaben Nirajbhai Mori was appointed as Director.
Appointed
Madhuben Navnitbhai Mori was appointed as Director.
Appointed
Navnitkumar Devjibhai Mori was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.67 Cr with Charge ID 10349370 was registered on 18 Apr 2012.
Appointed
Jayeshkumar Valjibhai Mori was appointed as Director.
Appointed
Nirajkumar Parshottambhai Mori was appointed as Director.
Appointed
Parsotambhai Mori Devjibhai was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Vrunda Vitthal Polynet is an active public limited company based in Vapi, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 08 August 2011 (15+ years old) and is registered under CIN U25200GJ2011PLC066669.
Vrunda Vitthal Polynet has 7 current directors:
- Yagnik Mansukhlal Mori - Managing Director
- Parsotambhai Mori Devjibhai - Director
- Nirajkumar Parshottambhai Mori - Director
- Navnitkumar Devjibhai Mori - Director
- Madhuben Navnitbhai Mori - Director
- Heenaben Nirajbhai Mori - Director
- Jayeshkumar Valjibhai Mori - Director
The latest financial statements of Vrunda Vitthal Polynet 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 Vrunda Vitthal Polynet is 24AADCV7611A1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Vrunda Vitthal Polynet is U25200GJ2011PLC066669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vrunda Vitthal Polynet has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Vrunda Vitthal Polynet was incorporated on 08 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vrunda Vitthal Polynet by revenue are Anil Thermoplastics Private Limited, Ficom Engineering Private Limited, Barnett Polypet Private Limited, Sumeet Polypacks India Private Limited, Hira Polymers Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Rajeshkumar Manilal Faldu ceased to be Director on 31 Mar 2018. Yagnik Mansukhlal Mori was appointed as Managing Director on 16 Dec 2016. Heenaben Nirajbhai Mori was appointed as Director on 14 Feb 2014. Vrunda Vitthal Polynet has 9 board changes on record in total.
Yes, Vrunda Vitthal Polynet is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0000722).
Vrunda Vitthal Polynet has 8 MSME Form 1 returns on record between 2019 and 2024, listing 125 overdue payments to 65 micro and small suppliers. The latest return was filed on 03 Jul 2024.
Vrunda Vitthal Polynet can be reached through the website vvppl.com. Its registered office is in Vapi, Gujarat, India.
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