Polychem Limited

This company manufactures specialty chemicals and develops property/land through two business segments.

1955 | Mumbai, Maharashtra (India) | Active
Last Updated:

Polychem Profile

Key Indicators

  • Authorised Capital ₹ 51.00 Cr
  • Paid Up Capital ₹ 4.04 M
  • Company Age 69 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 207.86 Cr
  • Satisfied Charges ₹ 154.23 Cr
  • Revenue Growth 47.02%
  • Profit Growth 15.10%
  • Ebitda 2265.01%
  • Net Worth 15.28%
  • Total Assets 13.15%

About Polychem

Polychem Limited (PL) was founded in India on 24 October 1955 and has a glorious history of 69 years and four months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506605.

The Company is engaged in the Chemicals And Materials 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 51.00 Cr and a paid-up capital of Rs 4.04 M.

The company currently has active open charges totaling ₹207.86 Cr. The company has closed loans amounting to ₹154.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Polychem Limited India are Deepali Chauhan as COMPANY SECRETARY and Kanan Panchasara as Cfo. Parthiv Kilachand, Nandish Kilachand, Tanil Kilachand, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polychemltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24100MH1955PLC009663

  • Company No.

    009663

  • Stock Symbol

    BSE : 506605

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 1955

  • Date of AGM

    29 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Polychem?

Executive Team (4)

NameDesignationAppointment DateStatus
Parthiv Kilachand Country flag representing In Managing Director03-Dec-1996Current
Deepali Chauhan Country flag representing In Company Secretary20-Feb-2015Current
Atul Mehta Country flag representing In Managing Director29-May-2014Current
Kanan Panchasara Country flag representing In CFO29-May-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Nirmala Mehendale Country flag representing In Director 25-Mar-2015Current
Nandish Kilachand Country flag representing In Director 27-Jul-2012Current
Tanil Kilachand Country flag representing In Director 19-Aug-1986Current
Vinayak Sahasrabudhe Country flag representing In Director 28-Sep-2007Current
Yogesh Mathur Country flag representing In Director 31-Mar-2015Current
Chetan Desai Country flag representing In Director 04-Aug-2010Current

Financial Performance of Polychem.

Polychem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.02% increase. The company also saw a substantial improvement in profitability, with a 15.1% increase in profit. The company's net worth Soared by an impressive increase of 15.28%.

Polychem revenue growth over time
Polychem 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
47.02%
Revenue from Operations
72.43%
Total Assets
13.15%
Profit or Loss
15.10%
Net Worth
15.28%
EBITDA
2265.01%

What is the Ownership and Shareholding Structure of Polychem?

In 2023, Polychem had a promoter holding of 52.09% and a public holding of 47.93%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹207.86 Cr

Satisfied Charges

₹154.23 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 97.08 Cr
  • Icici Bank Ltd;. : 21.57 Cr
  • Idbi Bank Ltd. : 17.20 Cr
  • Icici Bank Ltd. : 16.16 Cr
  • Bank Of Baroda : 14.63 Cr
  • Others : 41.23 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 1997State Bank Of India₹1.50 CrOpen
04 Aug 1997Shaja Invest. Private Ltd.₹1.46 CrOpen
12 Feb 1997Il & Fs Ltd.₹8.88 CrOpen
14 Jan 1997Shaja Investment Pvt .Ltd.₹1.46 CrOpen
10 May 1995Bank Of Baroda₹8.00 MOpen

How Many Employees Work at Polychem?

Polychem has a workforce of 27 employees as of Mar 30, 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.

Employee growth trends for Polychem Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polychem, 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 Polychem'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 Polychem

Recent activity within the organization

  • Annual General Meeting

    Polychem Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.

  • Balance Sheet

    Polychem Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Yogesh Shivraj Mathur was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Nirmala Sanjay Mehendale was appointed as a Director was appointed as a Director on 25 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Atul Haridas Mehta was appointed as a Managing Director was appointed as a Managing Director on 29 May 2014 & has been associated with this company since 10 years 9 months .

  • Director Appointment

    Nandish Tanil Kilachand was appointed as a Director was appointed as a Director on 27 Jul 2012 & has been associated with this company since 12 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Polychem Limited?

    Polychem Limited was incorporated on 24 Oct 1955.

  • What is authorized share capital and paid-up capital of Polychem Limited?

    The authorized share capital of Polychem Limited is ₹ 51.00 Cr and paid-up capital is ₹ 4.04 M.

  • Who are the current board members & directors of Polychem Limited?

    Currently 10 directors are associated with Polychem Limited.

    • Parthiv Tanil Kilachand
    • Nandish Tanil Kilachand
    • Tanil Ramdas Kilachand
    • Vinayak Vasudeo Sahasrabudhe
    • Deepali V Chauhan
    • Nirmala Sanjay Mehendale
    • Yogesh Shivraj Mathur
    • Atul Haridas Mehta
    • Kanan V Panchasara
    • Chetan Ramesh Desai

  • What is the registered address of Polychem Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polychem Limited is 7 Jamshedji Tata Roadchurchgate Reclamation, Mumbai, Maharashtra, India, 400020.

  • What is the corporate identification number (CIN) and company number of Polychem Limited?

    The corporate identification number (CIN) of Polychem Limited is L24100MH1955PLC009663 and the company number is 009663 as per Ministry of Corporate Affairs (MCA).

  • Is Polychem Limited registered with any stock exchange in India?

    Yes, Polychem Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Polychem Limited?

    The Official website of Polychem Limited is https://www.polychemltd.com

  • What has been the recent revenue trend for Polychem Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polychem Limited has risen by 47.02%.

  • How many employees does Polychem Limited currently have?

    As Per 2023 financial reports, 27 employees are currently employed by Polychem Limited.

  • What change has been observed in the net worth of Polychem Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Polychem Limited has experienced an upsurge of 15.28%.

  • What are the total open charges for Polychem Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polychem Limited amount to ₹ 207.86 Cr.

  • When was the last Balance Sheet of Polychem Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Specialty Chemicals