Polyfines India Limited

Manufacturer of various hoses and pipes for agricultural and industrial use.

1985 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Polyfines India Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Revenue Growth 2.54%
  • Profit Growth 804.61%
  • Ebitda -76.83%
  • Net Worth 2.10%
  • Total Assets 11.21%

About Polyfines India

Polyfines India Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 March 1985 and has a history of 39 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 4.50 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹2.50 M.

Surendra Jain, Chandra Jain, Umaidmal Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02520TZ1985PLC001578

  • Company No.

    001578

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Polyfines India Limited offer?

Polyfines India Limited offers a wide range of products and services, including Hoses & Hose Fittings, Braided Hose Pipe, Hose Pipes, Rubber & Rubber Products, Rubber Tubes, Cords & Profiles, PVC Pipes, PVC Conduit Pipes.

Who are the key members and board of directors at Polyfines India?

Executive Team (1)

Name Designation Appointment Date Status
Umaidmal Jain Country flag representing In Managing Director 08-Mar-2004 Current

Board Members (3)

Name Designation Appointment Date Status
Surendra Jain Country flag representing In Whole-Time Director 08-Mar-2004 Current
Chandra Jain Country flag representing In Director 25-Mar-1985 Current
Yaswant Jain Country flag representing In Whole-Time Director 01-Jun-2018 Current

Financial Performance of Polyfines India.

Polyfines India Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.54% increase. The company also saw a substantial improvement in profitability, with a 804.61% increase in profit. The company's net worth moved up by a moderate rise of 2.1%.

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
2.54%
Revenue from Operations
1.82%
Total Assets
11.21%
Profit or Loss
804.61%
Net Worth
2.10%
EBITDA
-76.83%

What is the Ownership and Shareholding Structure of Polyfines India?

In 2022, Polyfines India had a promoter holding of 97.93% and a public holding of 2.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
04 Sep 2010 Bank Of Baroda ₹2.50 M Open

How Many Employees Work at Polyfines India?

Polyfines India has a workforce of 18 employees as of Apr 02, 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 Polyfines India, 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 Polyfines India'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 Polyfines India

Recent activity within the organization

  • Annual General Meeting

    Polyfines India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Polyfines India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Yaswant Kumar Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2018 & has been associated with this company since 6 years 8 months .

    01 Jun 2018

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 2.50 M with Charge ID 10238590 was registered on 04 Sep 2010.

    04 Sep 2010

  • Director Appointment

    Surendra Kumar Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Mar 2004 & has been associated with this company since 20 years 10 months .

    08 Mar 2004

  • Director Appointment

    Umaidmal Jain was appointed as a Managing Director was appointed as a Managing Director on 08 Mar 2004 & has been associated with this company since 20 years 10 months .

    08 Mar 2004

Frequently asked questions

  • Polyfines India Limited was incorporated on 25 Mar 1985.

  • The authorized share capital of Polyfines India Limited is ₹ 4.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 4 directors are associated with Polyfines India Limited.

    • Surendra Kumar Jain
    • Chandra Jain
    • Umaidmal Jain
    • Yaswant Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polyfines India Limited is No. 5 / 610 Kng Pudur Road Somayampalayam Po, India, Coimbatore, Tamil Nadu, 641108.

  • The corporate identification number (CIN) of Polyfines India Limited is U02520TZ1985PLC001578 and the company number is 001578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polyfines India Limited is https://www.polyfinesindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Polyfines India Limited has risen by 2.54%.

  • As Per 2022 financial reports, 18 employees are currently employed by Polyfines India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Polyfines India Limited has experienced an upsurge of 2.10%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Polyfines India Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Polyfines India Limited was filed with the ROC on 31 Mar 2024.

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