About Watsol Polymers Pvt Ltd
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Watsol Polymers Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 10 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24134TG1988PTC008638. Its GSTIN is 36AAACW2006K1ZI (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.12 Lakh. It is led by directors Pingle Srinivas Reddy and Sujana Pingle.
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 No.57 Industrial Park Mallapur, Hyderabad, Telangana, India – 500076.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.14 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹55.63 Lakh (net margin 26%) and EBITDA of ₹77.43 Lakh (EBITDA margin 36.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 1% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.7 Lakh and satisfied charges of ₹2.36 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website watsolpolymers.com.
Company details
CIN history
Watsol Polymers has one previous CIN (Corporate Identification Number): U24134AP1988PTC008638. The current CIN is U24134TG1988PTC008638, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24134TG1988PTC008638 | Current |
| U24134AP1988PTC008638 | Previous |
Contact details
Watsol Polymers Pvt Ltd's registered office is in Hyderabad, Telangana. Its website is watsolpolymers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.57 Industrial Park Mallapur, Hyderabad, Telangana, India – 500076
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Watsol Polymers Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Watsol Polymers 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 Watsol Polymers Pvt Ltd, buy the company report.
Financials of Watsol Polymers Pvt Ltd
FY 2025 filings availableWatsol Polymers Pvt Ltd reported revenue of ₹2.14 Cr (up 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 68% growth in the latest year. EBITDA rose 109% 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 |
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| EBITDA | ₹77.43 Lakh | ||||
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| Net Profit (PAT) | ₹55.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 36.2% | ||||
| Net Profit Margin | 26% | ||||
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To see the full financial statements and ratios of Watsol Polymers Pvt Ltd, buy the company report.
Board of directors of Watsol Polymers Pvt Ltd
Watsol Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pingle Srinivas Reddy | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Sujana Pingle | Director | 28 Mar 1998 | 28 Years 6 Months | Current |
Auditor
Watsol Polymers Pvt Ltd is audited by S Venkatadri & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Venkatadri & Co | FY 2023 | 004614S |
Shareholding
The shareholding of Watsol Polymers Pvt Ltd 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 Watsol Polymers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 1989 | 90118248 | State Bank of India | ₹5.2 Lakh | Open | |
| 20 Feb 1989 | 90113940 | A.P.S.F.C. | ₹7.5 Lakh | Open | |
| 26 Nov 2009 | 10195306 | State Bank of India | ₹18 Lakh | Satisfied | |
| 11 Aug 2008 | 10187900 | State Bank of India | ₹2.18 Cr | Satisfied |
To see the full charge records of Watsol Polymers Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Watsol Polymers Pvt Ltd has 1 court case on record: 1 filed by Watsol Polymers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Andhra Pradesh Pollution Control Board and 2 others | Disposed |
To see the full case history of Watsol Polymers Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Watsol Polymers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Watsol Polymers Pvt Ltd has a workforce of 3 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Watsol Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACW2006K1ZI | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Watsol Polymers Pvt Ltd, buy the company report.
Recent activity
Watsol Polymers Pvt Ltd has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Vasudeva Reddy Pingle ceased to be Managing Director on 15 Feb 2022.
2 earlier events are in the company report.
Frequently asked questions
Watsol Polymers is an active private limited company based in Hyderabad, Telangana, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 10 May 1988 (38+ years old) and is registered under CIN U24134TG1988PTC008638.
Watsol Polymers has 2 current directors:
- Pingle Srinivas Reddy - Director
- Sujana Pingle - Director
The latest financial statements of Watsol Polymers 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 Watsol Polymers is 36AAACW2006K1ZI, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Watsol Polymers is U24134TG1988PTC008638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Watsol Polymers has 1 court case on record: 1 filed by the company.
Watsol Polymers was incorporated on 10 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vasudeva Reddy Pingle ceased to be Managing Director on 15 Feb 2022. Pingle Srinivas Reddy was appointed as Director on 01 Apr 2009. Sujana Pingle was appointed as Director on 28 Mar 1998.
Watsol Polymers can be reached through the website watsolpolymers.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Watsol Polymers is at No.57 Industrial Park Mallapur, Hyderabad, Telangana, India – 500076.