Earnest Polymers Pvt Ltd.

Manufactures and trades polymer films and bags, acting as a commission agent for GAIL.

1992 | Pondicherry (India) | Active
Last Updated: December 15, 2024

Earnest Polymers Profile

Key Indicators

  • Authorised Capital ₹ 1.80 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 33 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.97 Cr
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth -16.48%
  • Profit Growth -45.83%
  • Ebitda 62.86%
  • Net Worth 4.87%
  • Total Assets 111.31%

About Earnest Polymers

Earnest Polymers Pvt Ltd. (EPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 January 1992 and has a history of 33 years. Its registered office is in Pondicherry, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.80 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹9.97 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Peter John and Savarimuthu Peter serve as directors at the Company.

Company Details

  • Location

    Pondicherry, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25202PY1992PTC000790

  • Company No.

    000790

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pondicherry

Industry

Energy and Power

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

Executive Team (1)

Name Designation Appointment Date Status
Savarimuthu Peter Country flag representing In Managing Director 22-Jan-1992 Current

Board Members (1)

Name Designation Appointment Date Status
Peter John Country flag representing In Director 30-Mar-2018 Current

Financial Performance of Earnest Polymers.

Earnest Polymers Pvt Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 16.48% decrease. The company also saw a substantial fall in profitability, with a 45.83% decrease in profit. The company's net worth moved up by a moderate rise of 4.87%.

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
-16.48%
Revenue from Operations
-16.44%
Total Assets
111.31%
Profit or Loss
-45.83%
Net Worth
4.87%
EBITDA
62.86%

What is the Ownership and Shareholding Structure of Earnest Polymers?

In 2023, Earnest 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

₹99.70 M

Satisfied Charges

₹2.50 M

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 9.97 Cr

Latest Charge Details

Date Lender Amount Status
12 Sep 2007 Tamilnad Mercantile Bank Limited ₹9.72 Cr Open
24 Oct 2000 Tamilnad Mercantile Bank Limited ₹2.50 M Open
24 Oct 2000 Tamilnad Mercantile Bank Limited ₹2.50 M Satisfied

How Many Employees Work at Earnest Polymers?

Unlock and access historical data on people associated with Earnest Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Earnest 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 Earnest 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 Earnest Polymers

Recent activity within the organization

  • Annual General Meeting

    Earnest Polymers Pvt Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Earnest Polymers Pvt Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pondicherry.

    31 Mar 2024

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 97.20 M registered on 12 Sep 2007 with Charge ID 10076902 was modified on 12 Jun 2018.

    12 Jun 2018

  • Director Appointment

    Peter Leo John was appointed as a Director was appointed as a Director on 30 Mar 2018 & has been associated with this company since 6 years 10 months .

    30 Mar 2018

  • Charges

    A charge registered on 24 Oct 2000 via Charge ID 90258657 with Tamilnad Mercantile Bank Limited was fully satisfied on 10 Feb 2010.

    10 Feb 2010

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 97.20 M with Charge ID 10076902 was registered on 12 Sep 2007.

    12 Sep 2007

Frequently asked questions

  • Earnest Polymers Pvt Ltd. was incorporated on 22 Jan 1992.

  • The authorized share capital of Earnest Polymers Pvt Ltd. is ₹ 1.80 M and paid-up capital is ₹ 1.80 M.

  • Currently 2 directors are associated with Earnest Polymers Pvt Ltd..

    • Peter Leo John
    • Savarimuthu John Peter
  • As per Ministry of Corporate Affairs (Mca), the registered address of Earnest Polymers Pvt Ltd. is 88, Mariamma Koil St.Reddiarpalyam 605 605 India, 010, Pondicherry, 605010.

  • The corporate identification number (CIN) of Earnest Polymers Pvt Ltd. is U25202PY1992PTC000790 and the company number is 000790 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Earnest Polymers Pvt Ltd. has fallen by -16.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Earnest Polymers Pvt Ltd. has experienced an upsurge of 4.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Earnest Polymers Pvt Ltd. amount to ₹ 9.97 Cr.

  • The most recent Balance Sheet for Earnest Polymers Pvt Ltd. was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Oil & Gas Distribution & Transmission