About Wheels Polymers Private Limited
Data last updated:
Wheels Polymers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC031119. Its GSTIN is 08AAACW0583H1ZA (Rajasthan). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.55 Cr and a paid-up capital of ₹3.53 Cr. It is led by directors Abhinav Gulati and Smita Gulati.
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 E – 49/5 First Floor, Okhla Industrial Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹252.39 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 0.5%) and EBITDA of ₹4.44 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹12.82 Cr on record. Court records list 15 cases involving the company, including 11 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wheelspolymers.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE – 49/5 First Floor, Okhla Industrial Phase – II, New Delhi, Delhi, India – 110020
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Wheels Polymers Private Limited
The main business activity of Wheels Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wheels Polymers Private Limited FY 2025 filings available
Wheels Polymers Private Limited reported revenue of ₹252.39 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wheels Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 12% growth in the latest year. EBITDA rose 56% 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 Wheels Polymers 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 | ₹4.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.18 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 of Wheels Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Wheels Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wheels Polymers Private Limited
Wheels Polymers Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metrec Recycling Private Limited | ₹256.57 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kathlal, Gujarat, India |
| V K Metcast Private Limited | ₹256.45 Cr (FY 2025) | •••• | •••• | 143.0% | •••• | Delhi, India |
| Dewas Metal Sections Limited | ₹254.92 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Dewas, Madhya Pradesh, India |
| Malabar Extrusions Private Limited | ₹254.59 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Ernakulam, Kerala, India |
| Translloy India Private Limited | ₹253.68 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Wheels Polymers Private Limited this company | ₹252.39 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Asiaan Metals & Aluminium Casting Private Limited | ₹251.9 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| Aravali Infrapower Limited | ₹251.17 Cr (FY 2015) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Castron Technologies Private Ltd | ₹251.17 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Alaknanda Metals Private Limited | ₹249.65 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Patna, Bihar, India |
| SB Metals Private Limited | ₹249 Cr (FY 2016) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Wheels Polymers by revenue in the Metals and Minerals industry (Metals, Polymers), 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 Wheels Polymers Private Limited
Wheels Polymers Private Limited is audited by Arora & Bansal Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Arora & Bansal Chartered Accountants | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wheels Polymers Private Limited
Wheels Polymers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Gulati | Director | 01 Apr 1988 | 38 Years 6 Months | Current |
| Smita Gulati | Director | 26 Jun 2000 | 26 Years 3 Months | Current |
Ownership and Shareholding of Wheels Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wheels Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2014 | Others | ₹12 Cr | Open |
| 01 Dec 2004 | State Bank of India | ₹12.78 Cr | Satisfied |
| 28 Jul 1989 | State Bank of India | ₹4 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Wheels Polymers Private Limited
Wheels Polymers Private Limited has 15 court cases on record: 11 filed by Wheels Polymers, 3 filed against it, 1 where it is another party. 1 case is pending and 14 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 1 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed by the company against Macro Powertech India Private Limited | Disposed |
| High Court of Delhi | Appeal | Filed against the company by Tata Power Delhi Distribution Limited | Disposed |
| Supreme Court | Special leave petition | Filed by the company against Tata Power Delhi Distribution Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed by the company against P.S. Industries | Pending |
| District court, West, Delhi | Court case (Civ DJ) | Filed by the company against an individual | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Wheels Polymers Private Limited
Wheels Polymers Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 7 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Metatech CCR Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Eco Fly E Waste Recycling Private Limited | •••• | •••• | •••• |
| Harey Krishna Cables Private Limited | •••• | •••• | •••• |
| Oberoi Sons | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Wheels Polymers Private Limited
Wheels Polymers Private Limited has a workforce of 16 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Wheels Polymers Private Limited
Wheels Polymers Private Limited has 9 board changes on record since 1988: 3 appointments and 6 cessations. The latest: Chandrakanta Gulati ceased to be Director on 19 Mar 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wheels Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wheels Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wheels Polymers Private Limited
Wheels Polymers has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACW0583H1ZA | Rajasthan | Active | 17 Jun 2022 |
| 08AAACW0583H1DJ | Rajasthan | Active | 08 Nov 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wheels Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wheels Polymers Private Limited
Wheels Polymers is an active private limited company based in New Delhi, Delhi, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 March 1988 (38+ years old) and is registered under CIN U74899DL1988PTC031119.
Wheels Polymers reported revenue of ₹252.39 Cr for FY 2025 (up 12% YoY).
Wheels Polymers has 2 current directors:
- Abhinav Gulati - Director
- Smita Gulati - Director
Wheels Polymers reported a net profit of ₹1.18 Cr (net margin 0.5%) and EBITDA of ₹4.44 Cr (EBITDA margin 1.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wheels Polymers is 15% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wheels Polymers is 08AAACW0583H1ZA, registered in Rajasthan. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAACW0583H1DJ (Rajasthan).
The CIN (Corporate Identification Number) of Wheels Polymers is U74899DL1988PTC031119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wheels Polymers has 15 court cases on record: 11 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Wheels Polymers was incorporated on 29 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Wheels Polymers by revenue are Metrec Recycling Private Limited, V K Metcast Private Limited, Dewas Metal Sections Limited, Malabar Extrusions Private Limited, Translloy India Private Limited and 5 more, all in the Metals and Minerals industry (Metals, Polymers).
Chandrakanta Gulati ceased to be Director on 19 Mar 2025. Gobind Gulati ceased to be Director on 06 May 2024. Inderjit Gulati ceased to be Director on 06 May 2024. Wheels Polymers has 9 board changes on record in total.
Wheels Polymers has 3 MSME Form 1 returns on record between 2022 and 2023, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Aug 2023.