MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0005891
V.S. Polymers Private Limited
V.S. Polymers Private Limited - chemicals and materials in Derabassi, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.41 Cr
▼ 32% YoY
Net profit · FY 2024
₹1.5 Cr
Net margin 6.4%
EBITDA · FY 2024
₹2.15 Cr
EBITDA margin 9.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹61.77 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹34.93 Cr
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
About V.S. Polymers Private Limited
Data last updated:
V.S. Polymers Private Limited is a private limited company based in Derabassi, Punjab, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 29 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24119PB1996PTC055161. Its GSTIN is 03AABCV2760L1ZC (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61.77 Lakh. It is led by directors Jagbir Singh Ahlawat and Ravinder Dahiya.
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 Village Kuranwala, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.41 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 6.4%) and EBITDA of ₹2.15 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹34.93 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
V.S. Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0005891). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24119PB1996PTC055161
Registration Number 055161
Incorporation Date 29 November 1996
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-DL-06-0005891
CIN history
V.S. Polymers has one previous CIN (Corporate Identification Number): U24119DL1996PTC083527. The current CIN is U24119PB1996PTC055161, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24119PB1996PTC055161 | Current |
| U24119DL1996PTC083527 | Previous |
Recognitions & Rankings of V.S. Polymers
Contact details
V.S. Polymers Private Limited's registered office is in Derabassi, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVillage Kuranwala, Dera Bassi Sas Nagar Punjab 140507, Derabassi, Punjab, India – 140507
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of V.S. Polymers Private Limited, buy the company report.
Comprehensive company report
V.S. 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
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Business activity
The main business activity of V.S. Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of V.S. Polymers Private Limited, buy the company report.
Financials of V.S. Polymers Private Limited
FY 2024 filings availableV.S. Polymers Private Limited reported revenue of ₹23.41 Cr (down 32% YoY) for FY 2024.
Revenue · FY 2024
₹23.41 Cr ▼ 32%
Net profit · FY 2024
₹1.5 Cr margin 6.4%
EBITDA · FY 2024
₹2.15 Cr margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 75%
5 years · compounded
▼ 36%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 5% 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 | ₹2.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.5 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 | 9.2% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 V.S. Polymers Private Limited, buy the company report.
Board of directors of V.S. Polymers Private Limited
V.S. Polymers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagbir Singh Ahlawat Also directs: Primo Chemicals Limited, Himalaya Alkalies & Chemicals Limited, Prayag Chemicals Private Limited and 2 more | Director | 01 Jul 2005 | 21 Years 4 Months | Current |
| Ravinder Dahiya | Director | 01 Jul 2005 | 21 Years 4 Months | Current |
Peer comparison
V.S. Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V.S. Polymers Private Limitedthis company | ₹23.41 Cr (FY 2024) | ₹1.5 Cr | 6.4% | -32.0% | Derabassi, Punjab, India | |
| Regencyy Coal & Energy Private Limited | ₹23.39 Cr (FY 2021) | -44.0% | Mumbai, Maharashtra, India | |||
| Deluxe Metal Processing Chemicals Pvt Ltd | ₹23.38 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Shree Krishna Sulphite Private Limited | ₹23.3 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of V.S. Polymers Private Limited, buy the company report.
Auditor
V.S. Polymers Private Limited is audited by RAJNEESH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNEESH ASSOCIATES | FY 2023 | 011475N |
Shareholding
The shareholding of V.S. Polymers Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V.S. Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
₹34.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2024 | 101014865 | Hdfc Bank Limited | ₹3.5 Cr | Open | |
| 30 Jan 2017 | 100093099 | Others | ₹23.25 Lakh | Satisfied | |
| 17 Oct 2016 | 100057328 | Others | ₹1.8 Cr | Satisfied | |
| 17 Oct 2016 | 100057388 | Others | ₹2.5 Cr | Satisfied | |
| 22 Jun 2016 | 100045754 | Others | ₹3 Cr | Satisfied |
To see the full charge records of V.S. Polymers Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
V.S. Polymers Private Limited has 4 court cases on record: 2 filed by V.S. Polymers, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against an individual | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against Shri Mataji Plastic Industries | Pending |
| District court, Tirunelveli, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
| High Court, TELANGANA | Court case (MACMA) | Filed against the company by an individual | Disposed |
To see the full case history of V.S. 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
V.S. Polymers Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 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 |
|---|---|---|---|
| Gupta Extrusions Private Limited | |||
| Flow Tech Chemicals Private Limited | |||
| Sequel Foods Private Limited | |||
| KLJ Resources Ltd |
To see the full MSME payment records of V.S. Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
V.S. Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV2760L1ZC | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V.S. Polymers Private Limited, buy the company report.
Recent activity
V.S. Polymers Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Jagbir Singh Ahlawat was appointed as Director on 01 Jul 2005.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 101014865 was registered on 20 Nov 2024.
AGM
V.S. Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
V.S. Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 30 Jan 2017 via Charge ID 100093099 with Others was fully satisfied on 16 Feb 2021.
Charges
A charge registered on 17 Oct 2016 via Charge ID 100057328 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge registered on 17 Oct 2016 via Charge ID 100057388 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge registered on 22 Jun 2016 via Charge ID 100045754 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge registered on 22 Jun 2016 via Charge ID 100045745 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge registered on 04 Jan 2012 via Charge ID 10329699 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge registered on 23 Nov 2011 via Charge ID 10323760 with Others was fully satisfied on 23 Aug 2018.
Charges
A charge with Others of Rs. 2.00 Cr registered on 23 Nov 2011 with Charge ID 10323760 was modified on 18 Dec 2017.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100093099 was registered on 30 Jan 2017.
17 earlier events are in the company report.
Frequently asked questions
V.S. Polymers is an active private limited company based in Derabassi, Punjab, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 29 November 1996 (30+ years old) and is registered under CIN U24119PB1996PTC055161.
V.S. Polymers has 2 current directors:
- Jagbir Singh Ahlawat - Director
- Ravinder Dahiya - Director
The latest financial statements of V.S. Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of V.S. Polymers is 03AABCV2760L1ZC, registered in Punjab.
The CIN (Corporate Identification Number) of V.S. Polymers is U24119PB1996PTC055161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.S. Polymers has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
V.S. Polymers was incorporated on 29 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of V.S. Polymers by revenue are Regencyy Coal & Energy Private Limited, Deluxe Metal Processing Chemicals Pvt Ltd, Shree Krishna Sulphite Private Limited, all in the Chemicals industry (Industrial Chemicals, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jagbir Singh Ahlawat was appointed as Director on 01 Jul 2005. Ravinder Dahiya was appointed as Director on 01 Jul 2005.
Yes, V.S. Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0005891).
V.S. Polymers has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 01 Nov 2019.
The registered office of V.S. Polymers is at Village Kuranwala, Dera Bassi Sas Nagar Punjab 140507, Derabassi, Punjab, India – 140507.
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