Polycon International Ltd.

Manufactures and trades PET products, water storage tanks, and PVC profiles and sections.

1991 | Jaipur, Rajasthan (India) | Active
Last Updated: October 24, 2024

Polycon International Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 4.89 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.35 Cr
  • Satisfied Charges ₹ 73.18 Cr
  • Revenue Growth -14.33%
  • Profit Growth 163.79%
  • Ebitda -7.21%
  • Net Worth 1.73%
  • Total Assets 1.17%

About Polycon International

Polycon International Ltd. (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 October 1991 and has a history of 33 years and four months. Its registered office is in Jaipur, Rajasthan, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531397.

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 7.50 Cr and a paid-up capital of Rs 4.89 Cr.

The company currently has active open charges totaling ₹20.35 Cr. The company has closed loans amounting to ₹73.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Polycon International Ltd. India is Gajanand Gupta as CFO. Rajiv Baid, Varun Baid, Prashant Vohra, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polyconltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L28992RJ1991PLC006265

  • Company No.

    006265

  • Stock Symbol

    BSE : 531397

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1991

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Manufacturing
Packaging

What products or services does Polycon International Ltd. offer?

Polycon International Ltd. offers a wide range of products and services, including Water Tanks, Water Storage Tanks, Plastic Containers & Bottles, Plastic Bottles, PVC Pipes, Rigid PVC Pipes, Kitchen Containers, Storage Containers, Roofing and False ceiling, Plastic Roofing Sheets.

Who are the key members and board of directors at Polycon International?

Executive Team (2)

NameDesignationAppointment DateStatus
Gajanand Gupta Country flag representing In CFO07-Jun-1995Current
Rajiv Baid Country flag representing In Managing Director01-Oct-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Varun Baid Country flag representing In Whole-Time Director 30-Oct-2018Current
Prashant Vohra Country flag representing In Director 30-Jun-2021Current
Nikhil Bhandari Country flag representing In Director 30-May-2022Current

Financial Performance of Polycon International.

Polycon International Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 14.33% decrease. The company also saw a substantial improvement in profitability, with a 163.79% increase in profit. The company's net worth moved up by a moderate rise of 1.73%.

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
-14.33%
Revenue from Operations
-14.18%
Total Assets
1.17%
Profit or Loss
163.79%
Net Worth
1.73%
EBITDA
-7.21%

What is the Ownership and Shareholding Structure of Polycon International?

In 2023, Polycon International had a promoter holding of 49.61% and a public holding of 50.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.35 Cr

Satisfied Charges

₹73.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.15 Cr
  • State Bank Of India : 7.00 Cr
  • Yes Bank Limited : 4.20 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2023Others₹5.25 CrOpen
18 Aug 2023Others₹3.90 CrOpen
08 May 2023Yes Bank Limited₹4.20 CrOpen
24 Mar 2015State Bank Of India₹7.00 CrOpen
17 Nov 2021Others₹1.31 CrSatisfied

How Many Employees Work at Polycon International?

Polycon International has a workforce of 90 employees as of Apr 07, 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 Polycon International, 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 Polycon International'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 Polycon International

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 4.20 Cr registered on 08 May 2023 with Charge ID 100715095 was modified on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with State Bank Of India of Rs. 7.00 Cr registered on 24 Mar 2015 with Charge ID 10562929 was modified on 27 Aug 2024.

    27 Aug 2024

  • Charges

    A charge with Others of Rs. 3.90 Cr registered on 18 Aug 2023 with Charge ID 100772764 was modified on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 22 Jan 2019 via Charge ID 100238699 with Axis Bank Limited was fully satisfied on 11 Dec 2023.

    11 Dec 2023

  • Annual General Meeting

    Polycon International Ltd. last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 5.25 Cr with Charge ID 100763610 was registered on 18 Aug 2023.

    18 Aug 2023

Frequently asked questions

  • Polycon International Ltd. was incorporated on 17 Oct 1991.

  • The authorized share capital of Polycon International Ltd. is ₹ 7.50 Cr and paid-up capital is ₹ 4.89 Cr.

  • Currently 5 directors are associated with Polycon International Ltd..

    • Rajiv Baid
    • Varun Baid
    • Prashant Singh Vohra
    • Nikhil Bhandari
    • Gajanand Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polycon International Ltd. is 48-49 Gopal Badi Lane No.2 Ajmer Road, India, Jaipur, Rajasthan, 302001.

  • The corporate identification number (CIN) of Polycon International Ltd. is L28992RJ1991PLC006265 and the company number is 006265 as per Ministry of Corporate Affairs (MCA).

  • Yes, Polycon International Ltd. is registered on Bombay Stock Exchange (BSE).

  • The Official website of Polycon International Ltd. is https://www.polyconltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polycon International Ltd. has fallen by -14.33%.

  • As Per 2023 financial reports, 90 employees are currently employed by Polycon International Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polycon International Ltd. has experienced an upsurge of 1.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polycon International Ltd. amount to ₹ 20.35 Cr.

  • The most recent Balance Sheet for Polycon International Ltd. was filed with the ROC on 31 Mar 2023.

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