Dugar Polymers Limited

Manufacturer and trader of plastic products for various industries, also acts as DCA for IOCL.

2003 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Dugar Polymers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 173.97 Cr
  • Satisfied Charges ₹ 61.86 Cr
  • Revenue Growth 8.63%
  • Profit Growth -8.40%
  • Ebitda 2.07%
  • Net Worth 16.74%
  • Total Assets 10.81%

About Dugar Polymers

Dugar Polymers Limited (DPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 February 2003 and has a history of 21 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Dugar Polymers Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.72 Cr.

The company currently has active open charges totaling ₹173.97 Cr. The company has closed loans amounting to ₹61.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Dugar Polymers Limited India are Renu Lalit as CFO and Vijay Surana as Cfo. Renu Dugar, Manoj Dugar, and Rajesh Dugar serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ2003PLC042041

  • Company No.

    042041

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Dugar Polymers Limited offer?

Dugar Polymers Limited offers a wide range of products and services, including PVC Film, Stretch Film, Packaging Films & Foils, PVC, LDPE, HDPE & Plastic Sheets, PVC Sheets, Packaging Foil, Plastic, PVC & PP Products, Plastic Rods, Aluminum Foils, Plastic Sheets.

Who are the key members and board of directors at Dugar Polymers?

Executive Team (3)

Name Designation Appointment Date Status
Rajesh Dugar Country flag representing In Managing Director 20-Feb-2003 Current
Renu Lalit CFO 22-May-2019 Current
Vijay Surana Country flag representing In CFO 22-May-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Renu Dugar Country flag representing In Director 20-Feb-2007 Current
Manoj Dugar Country flag representing In Director 20-Feb-2003 Current

Financial Performance of Dugar Polymers.

Dugar Polymers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.63% increase. The company also saw a slight decrease in profitability, with a 8.4% decrease in profit. The company's net worth Soared by an impressive increase of 16.74%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
8.63%
Revenue from Operations
8.46%
Total Assets
10.81%
Profit or Loss
-8.40%
Net Worth
16.74%
EBITDA
2.07%

What is the Ownership and Shareholding Structure of Dugar Polymers?

In 2023, Dugar Polymers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹173.97 Cr

Satisfied Charges

₹61.86 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 95.60 Cr
  • Others : 77.03 Cr
  • Hdfc Bank Limited : 1.34 Cr

Latest Charge Details

Date Lender Amount Status
29 Jun 2023 Hdfc Bank Limited ₹1.60 M Open
16 Jun 2023 Hdfc Bank Limited ₹0.93 M Open
28 Feb 2023 Hdfc Bank Limited ₹9.15 M Open
30 Sep 2022 Others ₹3.97 Cr Open
02 Sep 2022 Others ₹8.00 Cr Open

How Many Employees Work at Dugar Polymers?

Dugar Polymers has a workforce of 86 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dugar Polymers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Dugar Polymers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Dugar Polymers

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 47.80 Cr registered on 13 Aug 2021 with Charge ID 100475505 was modified on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge with Others of Rs. 32.53 Cr registered on 27 Dec 2011 with Charge ID 10331479 was modified on 02 Sep 2024.

    02 Sep 2024

  • Charges

    A charge with Others of Rs. 32.53 Cr registered on 23 Mar 2011 with Charge ID 10280073 was modified on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 47.80 Cr registered on 14 Jan 2022 with Charge ID 100533347 was modified on 30 Jul 2024.

    30 Jul 2024

  • Annual General Meeting

    Dugar Polymers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100741066 was registered on 29 Jun 2023.

    29 Jun 2023

Frequently asked questions

  • Dugar Polymers Limited was incorporated on 20 Feb 2003.

  • The authorized share capital of Dugar Polymers Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.72 Cr.

  • Currently 5 directors are associated with Dugar Polymers Limited.

    • Renu Dugar
    • Manoj Kumar Dugar
    • Rajesh Chandanmal Dugar
    • Renu Lalit
    • Vijay Sushil Kumar Surana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dugar Polymers Limited is Plot No. 26 Icchapore, Bhatpore G.I.D.C. Hazira India, Surat, Gujarat, 394510.

  • The corporate identification number (CIN) of Dugar Polymers Limited is U17119GJ2003PLC042041 and the company number is 042041 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dugar Polymers Limited is https://www.dugargroup.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dugar Polymers Limited has risen by 8.63%.

  • As Per 2023 financial reports, 86 employees are currently employed by Dugar Polymers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dugar Polymers Limited has experienced an upsurge of 16.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dugar Polymers Limited amount to ₹ 173.97 Cr.

  • The most recent Balance Sheet for Dugar Polymers Limited was filed with the ROC on 31 Mar 2023.

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