Polychem Profile
Key Indicators
- Authorised Capital ₹ 51.00 Cr
- Paid Up Capital ₹ 4.04 M
- Company Age 69 Year, 3 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 three 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L24100MH1955PLC009663
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Company No.
009663
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Stock Symbol
BSE : 506605
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 Oct 1955
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Date of AGM
29 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Polychem?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parthiv Kilachand
|
Managing Director | 03-Dec-1996 | Current |
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Deepali Chauhan
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Company Secretary | 20-Feb-2015 | Current |
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Atul Mehta
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Managing Director | 29-May-2014 | Current |
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Kanan Panchasara
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CFO | 29-May-2014 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Nirmala Mehendale
|
Director | 25-Mar-2015 | Current |
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Nandish Kilachand
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Director | 27-Jul-2012 | Current |
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Tanil Kilachand
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Director | 19-Aug-1986 | Current |
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Vinayak Sahasrabudhe
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Director | 28-Sep-2007 | Current |
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Yogesh Mathur
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Director | 31-Mar-2015 | Current |
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Chetan Desai
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Director | 04-Aug-2010 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Tulsi Global Logistics Private LimitedParthiv Kilachand and Nandish Kilachand are mutual person
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Ring Plus Aqua LimitedParthiv Kilachand is a mutual person
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Jm Financial Services LimitedParthiv Kilachand is a mutual person
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Jm Financial Asset Management LimitedParthiv Kilachand is a mutual person
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Sensasia LlpParthiv Kilachand and Nandish Kilachand are mutual person
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Gujarat Poly Electronics Limited
Parthiv Kilachand, Tanil Kilachand and 1 more are mutual person
Charges (Loans)
₹207.86 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 1997 | State Bank Of India | ₹1.50 Cr | Open |
| 04 Aug 1997 | Shaja Invest. Private Ltd. | ₹1.46 Cr | Open |
| 12 Feb 1997 | Il & Fs Ltd. | ₹8.88 Cr | Open |
| 14 Jan 1997 | Shaja Investment Pvt .Ltd. | ₹1.46 Cr | Open |
| 10 May 1995 | Bank Of Baroda | ₹8.00 M | Open |
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.
Deals i
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
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
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.
