MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-04-0001670
West Coast Polymers Pvt Ltd - manufacturing in Kannur, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹26.27 Cr
▼ 4% YoY
Net profit · FY 2023
₹27.21 Lakh
Net margin 1%
EBITDA · FY 2023
-₹31.61 Lakh
EBITDA margin -1.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.75 Cr
Issued & subscribed
Open charges
₹11.91 Cr
Satisfied ₹9.83 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
20
Provident fund records
About West Coast Polymers Pvt Ltd
Data last updated:
West Coast Polymers Pvt Ltd is a private limited company based in Kannur, Kerala, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 01 July 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24134KL1980PTC003213. Its GSTIN is 32AAACW2045C1Z0 (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors including Thomas Mathew (Managing Director) and Tom Mathew (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kankolevia Payyannur, Kannur, Kerala, India – 670337.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.27 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹27.21 Lakh (net margin 1%) and EBITDA of -₹31.61 Lakh (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.91 Cr and satisfied charges of ₹9.83 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
West Coast Polymers Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-04-0001670). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website westcoastpolymers.com.
Company details
CIN U24134KL1980PTC003213
Registration Number 003213
Incorporation Date 01 July 1980
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-04-0001670
Recognitions & Rankings of West Coast Polymers
Contact details
West Coast Polymers Pvt Ltd's registered office is in Kannur, Kerala. Its website is westcoastpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKankolevia Payyannur, Kannur, Kerala, India – 670337
- IndustryManufacturing, Plastic & Resins
To see the full contact details of West Coast Polymers Pvt Ltd, buy the company report.
Comprehensive company report
West Coast Polymers Pvt Ltd - 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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Secure checkout · GST invoice included
Financials of West Coast Polymers Pvt Ltd
FY 2025 filings availableWest Coast Polymers Pvt Ltd reported revenue of ₹26.27 Cr (down 4% YoY) for FY 2023.
Revenue · FY 2023
₹26.27 Cr ▼ 4%
Net profit · FY 2023
₹27.21 Lakh margin 1%
EBITDA · FY 2023
-₹31.61 Lakh margin -1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 12%
5 years · compounded
▲ 9%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.21 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of West Coast Polymers Pvt Ltd, buy the company report.
Board of directors of West Coast Polymers Pvt Ltd
West Coast Polymers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tom Mathew Also directs: Cool Pad Pizza LLP, Paithal Agro Tech Private Limited | Whole-Time Director | 11 Jun 2014 | 12 Years 4 Months | Current |
| Joy Thomas | Director | 01 Jul 1980 | 46 Years 3 Months | Current |
| Thuruthel Joseph Thomas | Director | 28 May 1982 | 44 Years 5 Months | Current |
| Thomas Mathew Also directs: Paithal Hill View Resorts Private Limited | Managing Director | 20 Jan 1981 | 45 Years 9 Months | Current |
Auditor
West Coast Polymers Pvt Ltd is audited by A Raghavendra Rao & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Raghavendra Rao & Associates | FY 2023 | 003324S |
Shareholding
The shareholding of West Coast 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 West Coast Polymers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹11.91 Cr
Satisfied charges
₹9.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101170733 | Canara Bank | ₹30.97 Lakh | Open | |
| 05 Feb 2025 | 101052685 | Canara Bank | ₹4.75 Cr | Open | |
| 08 Nov 2016 | 100063752 | Canara Bank | ₹6.85 Cr | Open | |
| 26 Aug 2022 | 100607468 | Hdfc Bank Limited | ₹25 Lakh | Satisfied | |
| 28 Feb 2014 | 10497009 | Syndicate Bank | ₹3 Cr | Satisfied |
To see the full charge records of West Coast Polymers Pvt Ltd, buy the company report.
Total charge records: 19 View all charges
Legal cases
West Coast Polymers Pvt Ltd has 6 court cases on record: 3 filed by West Coast Polymers, 3 filed against it. All cases are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Ms Hi Tech Blow Moulders Pvt Ltd. | Disposed |
| High Court | Appeal | Filed against the company by M/S.High Tech Blow Moulders Pvt.Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner | Disposed |
| High Court | Writ petition | Filed by the company against The Asst. Commissioner, (Kvat) | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of West Coast 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 West Coast Polymers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
West Coast Polymers Pvt Ltd has a workforce of 20 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
GST
West Coast Polymers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACW2045C1Z0 | Kerala | Active | 01 Jul 2017 |
| 29AAACW2045C1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of West Coast Polymers Pvt Ltd, buy the company report.
Recent activity
West Coast Polymers Pvt Ltd has 7 board changes on record since 1980: 4 appointments and 3 cessations. The latest: Jacob John ceased to be Director on 19 Sep 2020.
Charges
A charge registered on 26 Aug 2022 via Charge ID 100607468 with Hdfc Bank Limited was fully satisfied on 05 Dec 2025.
AGM
West Coast Polymers Pvt Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 0.31 Cr with Charge ID 101170733 was registered on 26 Sep 2025.
Charges
A charge with Canara Bank of Rs. 6.85 Cr registered on 08 Nov 2016 with Charge ID 100063752 was modified on 19 Jul 2025.
Filing
West Coast Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Canara Bank amounted to Rs. 4.75 Cr with Charge ID 101052685 was registered on 05 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100607468 was registered on 26 Aug 2022.
Ceased
Jacob John ceased to be Director.
Charges
A charge registered on 28 Feb 2014 via Charge ID 10497009 with Syndicate Bank was fully satisfied on 02 Dec 2016.
Charges
A charge with Canara Bank amounted to Rs. 6.85 Cr with Charge ID 100063752 was registered on 08 Nov 2016.
Ceased
Govindankutty Vasudevan ceased to be Director.
Ceased
Tom Mathew ceased to be Director.
39 earlier events are in the company report.
Frequently asked questions
West Coast Polymers is an active private limited company based in Kannur, Kerala, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 01 July 1980 (46+ years old) and is registered under CIN U24134KL1980PTC003213.
West Coast Polymers has 4 current directors:
- Thomas Mathew - Managing Director
- Tom Mathew - Whole-Time Director
- Joy Thomas - Director
- Thuruthel Joseph Thomas - Director
The latest financial statements of West Coast Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of West Coast Polymers is 32AAACW2045C1Z0, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACW2045C1ZN (Karnataka).
The CIN (Corporate Identification Number) of West Coast Polymers is U24134KL1980PTC003213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
West Coast Polymers has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the high courts.
West Coast Polymers was incorporated on 01 July 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ernakulam.
Jacob John ceased to be Director on 19 Sep 2020. Govindankutty Vasudevan ceased to be Director on 01 Nov 2016. Tom Mathew ceased to be Director on 01 Dec 2014. West Coast Polymers has 7 board changes on record in total.
Yes, West Coast Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-04-0001670).
West Coast Polymers can be reached through the website westcoastpolymers.com. Its registered office is in Kannur, Kerala, India.