Machino Polymers Limited

Manufacturer of PP compounds for auto sector, supplying to tier-1 plastic component vendors of automotive OEMs.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Machino Polymers Profile

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 24.31 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 274.94 Cr
  • Satisfied Charges ₹ 209.71 Cr
  • Revenue Growth 41.91%
  • Profit Growth -192.71%
  • Ebitda -116.94%
  • Net Worth -7.75%
  • Total Assets 18.07%

About Machino Polymers

Machino Polymers Limited (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1996 and has a history of 28 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Machino-Basell India Limited. The Company is engaged in the Automotive 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 26.00 Cr and a paid-up capital of Rs 24.31 Cr.

The company currently has active open charges totaling ₹274.94 Cr. The company has closed loans amounting to ₹209.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Machino Polymers Limited India are Dileep Mehra as CFO and Sonali Gupta as Company Secretary. Ratanlal Gaggar, Inala Rao, Arjun Jindal, and Six other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    machinopolymers.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25201WB1996PLC230863

  • Company No.

    230863

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive

What products or services does Machino Polymers Limited offer?

Machino Polymers Limited offers a wide range of products and services, including Washing Machine for Home, IFB Washing Machine.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Arjun Jindal Country flag representing In Managing Director16-Jan-2007Current
Dileep Mehra Country flag representing In CFO28-Jul-2014Current
Sonali Gupta Company Secretary17-Jan-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Raman Challa Country flag representing In Director 23-Apr-2019Current
Inala Rao Country flag representing In Director 22-Nov-2012Current
Asesh Dutta Country flag representing In Director 01-Sep-2009Current
Ratanlal Gaggar Country flag representing In Director 12-Feb-1999Current
Rakesh Sethi Country flag representing In Director 16-Aug-2018Current
Shradha Jindal Country flag representing In Director 30-Mar-2015Current

Financial Performance of Machino Polymers.

Machino Polymers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.91% increase. The company also saw a substantial fall in profitability, with a 192.71% decrease in profit. The company's net worth dipped by a decrease of 7.75%.

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
41.91%
Revenue from Operations
43.05%
Total Assets
18.07%
Profit or Loss
-192.71%
Net Worth
-7.75%
EBITDA
-116.94%

What is the Ownership and Shareholding Structure of Machino Polymers?

In 2023, Machino 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

₹274.94 Cr

Satisfied Charges

₹209.71 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 85.26 Cr
  • State Bank Of India : 50.00 Cr
  • Yes Bank Limited : 35.78 Cr
  • Others : 35.54 Cr
  • Allahabad Bank : 35.00 Cr
  • Others : 33.35 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2024Yes Bank Limited₹35.00 CrOpen
02 May 2023Axis Bank Limited₹3.50 MOpen
26 Apr 2022Others₹35.00 CrOpen
08 Jan 2021Hdfc Bank Limited₹2.63 MOpen
26 Apr 2019Yes Bank Limited₹2.30 MOpen

How Many Employees Work at Machino Polymers?

Machino Polymers has a workforce of 216 employees as of Apr 06, 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 Machino 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 Machino 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 Machino Polymers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 26 Apr 2022 with Charge ID 100577999 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100888650 was registered on 20 Mar 2024.

    20 Mar 2024

  • Director Appointment

    Sonali Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 17 Jan 2024 & has been associated with this company since 1 year 1 month .

    17 Jan 2024

  • Annual General Meeting

    Machino 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 Axis Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100726740 was registered on 02 May 2023.

    02 May 2023

  • Balance Sheet

    Machino Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

Frequently asked questions

  • Machino Polymers Limited was incorporated on 30 Sep 1996.

  • The authorized share capital of Machino Polymers Limited is ₹ 26.00 Cr and paid-up capital is ₹ 24.31 Cr.

  • Currently 11 directors are associated with Machino Polymers Limited.

    • Ratanlal Gaggar
    • Inala Veerabhadra Rao
    • Arjun Jindal
    • Rakesh Sethi
    • Asesh Jyoti Dutta
    • Raman Venkat Challa
    • Shradha Jindal
    • Rajesh Duggal
    • Anoop Chaturvedi
    • Dileep Kumar Mehra
    • Sonali Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Machino Polymers Limited is 8A Alipore Road Kolkata West Bengal - 700027, India.

  • The corporate identification number (CIN) of Machino Polymers Limited is U25201WB1996PLC230863 and the company number is 230863 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Machino Polymers Limited is https://www.machinopolymers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Machino Polymers Limited has risen by 41.91%.

  • As Per 2023 financial reports, 216 employees are currently employed by Machino Polymers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Machino Polymers Limited has experienced an downturn of -7.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Machino Polymers Limited amount to ₹ 274.94 Cr.

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

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