Startup India Government of India
Shaya Polymers Limited - chemicals and materials in Sriperumbudur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.93 Cr
▲ 1% YoY
Net profit · FY 2024
₹3.73 Cr
Net margin 17%
EBITDA · FY 2024
₹7.21 Cr
EBITDA margin 32.9%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹23.54 Cr
Issued & subscribed
Open charges
₹71.14 Cr
Satisfied ₹18.91 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
40
Provident fund records
About Shaya Polymers Limited
Data last updated:
Shaya Polymers Limited is a public limited company based in Sriperumbudur, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 08 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24100TN2017PLC115377. Its GSTIN is 33AAYCS2908J1ZV (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹23.54 Cr. It is led by directors including Ram Sai Yelamanchili (Managing Director) and Trivellore Kesavan Premkumar.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E4 Sipcot Industrial Park, Sriperumbudur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.93 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.73 Cr (net margin 17%) and EBITDA of ₹7.21 Cr (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 35% over five years.
The company has about 40 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Shaya Polymers Limited. As per MCA filings, the company has open charges of ₹71.14 Cr and satisfied charges of ₹18.91 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021. Its 5 peer companies in the Chemicals industry (Industrial Chemicals, Polymers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 3 smaller; the largest is Jaiwik Biotech Private Limited with revenue of ₹25.08 Cr.
Shaya Polymers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0008424). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shayapolymers.com.
Company details
CIN U24100TN2017PLC115377
Registration Number 115377
Incorporation Date 08 March 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-08-0008424
CIN history
Shaya Polymers has one previous CIN (Corporate Identification Number): U24100TN2017PTC115377. The current CIN is U24100TN2017PLC115377, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TN2017PLC115377 | Current |
| U24100TN2017PTC115377 | Previous |
Key People
Vasudevan Srinivasan Ceo Ram Sai Yelamanchili Managing Director Sireesha Yelamanchili Cfo Recognitions & Rankings of Shaya Polymers
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0008424
Contact details
Shaya Polymers Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is shayapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. E4 Sipcot Industrial Park, Irrungattukottai, Sriperumbudur, Tamil Nadu, India – 602117
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Shaya Polymers Limited, buy the company report.
Comprehensive company report
Shaya Polymers 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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Brands
Shaya Polymers operates one associated brand: Shaya Polymers Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of foams, adhesives, chemicals, and components for automotive and furniture sectors. | shayapolymers.com |
Business activity
The main business activity of Shaya 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 Shaya Polymers Limited, buy the company report.
Financials of Shaya Polymers Limited
FY 2025 filings availableShaya Polymers Limited reported revenue of ₹21.93 Cr (up 1% YoY) for FY 2024.
Revenue · FY 2024
₹21.93 Cr ▲ 1%
Net profit · FY 2024
₹3.73 Cr margin 17%
EBITDA · FY 2024
₹7.21 Cr margin 32.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 31%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 115%
5 years · compounded
▲ 84%
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 1% growth in the latest year. EBITDA rose 102% 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 | ₹21.93 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.73 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 | 32.9% | ||||
| Net Profit Margin | 17% | ||||
| 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 Shaya Polymers Limited, buy the company report.
Board of directors and KMP of Shaya Polymers Limited
Shaya Polymers Limited currently reports 8 directors and 2 key managerial personnel. 5 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Trivellore Kesavan Premkumar | Director | 27 Mar 2024 | 2 Years 7 Months | Current |
| Srinivasa Sumanth Takkellapati Also directs: Shaya Adhesives Private Limited, Icol Chemicals Private Limited, Shaya Polyurethanes Private Limited and 2 more | Director | 25 Jan 2022 | 4 Years 9 Months | Current |
| Vani Takkellapati | Director | 25 Jan 2022 | 4 Years 9 Months | Current |
| Vasudevan Srinivasan | Ceo | 12 May 2025 | 1 Years 5 Months | Current |
| Muthukumaran Jayaraman | Director | 27 Mar 2024 | 2 Years 7 Months | Current |
| Sireesha Yelamanchili | Cfo | 18 Mar 2024 | 2 Years 7 Months | Current |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Peer comparison
Shaya Polymers Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Jaiwik Biotech Private Limited | ₹25.08 Cr (FY 2025) | 58.0% | Jaipur, Rajasthan, India | |||
| Jindo Sriram Eco Chemicals Private Limited | ₹25 Cr (FY 2025) | 8.0% | Denkanikottai, Tamil Nadu, India | |||
| Accusynth Speciality Chemicals Private Limited | ₹24.9 Cr (FY 2020) | -25.0% | Mumbai, Maharashtra, India | |||
| 3Ak Chemie Private Limited | ₹24.9 Cr (FY 2024) | 33.0% | Hyderabad, Telangana, India | |||
| Tara Mercantile Private Limited | ₹24.87 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Shaya Polymers Limitedthis company | ₹21.93 Cr (FY 2024) | ₹3.73 Cr | 17% | 1.0% | 40 | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of Shaya Polymers Limited, buy the company report.
Auditor
Shaya Polymers Limited is audited by Elangovan & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Elangovan & Co. | FY 2024 | 006990S |
Shareholding
The shareholding of Shaya Polymers Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shaya Polymers Limited, buy the company report.
Charges & borrowings
Open charges
₹71.14 Cr
Satisfied charges
₹18.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101018837 | Sidbi | ₹26.17 Cr | Open | |
| 14 May 2024 | 100928615 | Others | ₹35.85 Lakh | Open | |
| 21 Dec 2023 | 100857146 | Hdfc Bank Limited | ₹44.61 Cr | Open | |
| 27 Feb 2025 | 101083713 | Sidbi | ₹6.2 Cr | Satisfied | |
| 08 Jun 2022 | 100579938 | Sidbi | ₹5 Cr | Satisfied |
To see the full charge records of Shaya Polymers Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Shaya Polymers Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹4 Cr | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shaya Polymers Limited has 1 court case on record: 1 filed by Shaya Polymers. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against Softurf Enterprises Pvt. Ltd. | Disposed |
To see the full case history of Shaya Polymers 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
No delayed payments to MSME suppliers are on our record for Shaya Polymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shaya Polymers has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Shaya Adhesives Private Limited | U24110TN2019PTC129012 | |
| Shaya Polyurethanes Private Limited | U24290TN2017PTC115379 |
To see the full group structure of Shaya Polymers Limited, buy the company report.
Employees & EPFO
Shaya Polymers Limited has a workforce of 40 employees on its EPFO records as of Jan 28, 2025, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
17.65%
GST
Shaya Polymers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYCS2908J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAYCS2908J1ZK | Karnataka | Active | 29 Dec 2018 |
To see the full GST registrations and return filing status of Shaya Polymers Limited, buy the company report.
Recent activity
Shaya Polymers Limited has 15 board changes on record since 2017: 11 appointments and 4 cessations. The latest: Muthukrishnan Ravi was appointed as Additional Director on 27 Nov 2025.
Appointed
Muthukrishnan Ravi was appointed as Additional Director.
AGM
Shaya Polymers Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 44.61 Cr registered on 21 Dec 2023 with Charge ID 100857146 was modified on 18 Sep 2025.
Appointed
Dharmendra Sundara Babu was appointed as Additional Director.
Charges
A charge registered on 27 Feb 2025 via Charge ID 101083713 with Sidbi was fully satisfied on 31 Jul 2025.
Appointed
Vasudevan Srinivasan was appointed as CEO.
Filing
Shaya Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Sidbi amounted to Rs. 6.20 Cr with Charge ID 101083713 was registered on 27 Feb 2025.
Charges
A charge with Sidbi amounted to Rs. 26.17 Cr with Charge ID 101018837 was registered on 12 Dec 2024.
Charges
A charge with Others amounted to Rs. 0.36 Cr with Charge ID 100928615 was registered on 14 May 2024.
Appointed
Muthukumaran Jayaraman was appointed as Director.
Appointed
Trivellore Kesavan Premkumar was appointed as Director.
24 earlier events are in the company report.
Frequently asked questions
Shaya Polymers is an active public limited company based in Sriperumbudur, Tamil Nadu, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U24100TN2017PLC115377.
Shaya Polymers has 10 current directors and KMP:
- Ram Sai Yelamanchili - Managing Director
- Trivellore Kesavan Premkumar - Director
- Srinivasa Sumanth Takkellapati - Director
- Vani Takkellapati - Director
- Muthukumaran Jayaraman - Director
- Venkatraghavan Gnanasambandam - Director
- Dharmendra Sundara Babu - Additional Director
- Muthukrishnan Ravi - Additional Director
- Vasudevan Srinivasan - Ceo
- Sireesha Yelamanchili - Cfo
The latest financial statements of Shaya Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Shaya Polymers is 33AAYCS2908J1ZV, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAYCS2908J1ZK (Karnataka).
The CIN (Corporate Identification Number) of Shaya Polymers is U24100TN2017PLC115377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaya Polymers has 1 court case on record: 1 filed by the company.
Shaya Polymers was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Shaya Polymers has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2021.
The peers of Shaya Polymers by revenue are Jaiwik Biotech Private Limited, Jindo Sriram Eco Chemicals Private Limited, Accusynth Speciality Chemicals Private Limited, 3Ak Chemie Private Limited, Tara Mercantile 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).
Muthukrishnan Ravi was appointed as Additional Director on 27 Nov 2025. Dharmendra Sundara Babu was appointed as Additional Director on 02 Sep 2025. Vasudevan Srinivasan was appointed as CEO on 12 May 2025. Shaya Polymers has 15 board changes on record in total.
Yes, Shaya Polymers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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