Polyfit Fabricators Private Limited

Manufacturer and trader of hydraulic hose assemblies, fittings, and tube assemblies, with export to Middle East.

1977 | Tamil Nadu, Tamil Nadu (India) | Active
Last Updated: June 30, 2024

Polyfit Fabricators Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 47 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.90 Cr
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth 15.84%
  • Profit Growth 58.36%
  • Ebitda 62.02%
  • Net Worth 51.16%
  • Total Assets 13.12%

About Polyfit Fabricators

Polyfit Fabricators Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 1977 and has a history of 47 years and nine months. Its registered office is in Tamil Nadu, Tamil Nadu.

The Corporate was formerly known as Venkateswara Agro Chemical And Minerals Private Limited. The Company is engaged in the Machinery And Equipment 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 1.25 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹4.90 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohammed Jamnagarwala and Shamsuddin Yousufali serve as directors at the Company.

Company Details

  • Location
    Tamil Nadu, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209TN1977PTC007305

  • Company No.

    007305

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 1977

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Polyfit Fabricators Private Limited offer?

Polyfit Fabricators Private Limited offers a wide range of products and services, including Tube Fittings, Jic Fittings, Pipe Fittings, Hydraulic Fittings, Metal Pipe & Plumbing Fittings, Ball Valves, Ball Valve Ball, Steel Pipe Nipple, Stainless Steel Nipples, Swivel Fittings.

Who are the key members and board of directors at Polyfit Fabricators?

Board Members (2)

Name Designation Appointment Date Status
Mohammed Jamnagarwala Country flag representing In Director 12-Dec-2011 Current
Shamsuddin Yousufali Country flag representing In Director 21-Apr-2001 Current

Financial Performance of Polyfit Fabricators.

Polyfit Fabricators Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.84% increase. The company also saw a substantial improvement in profitability, with a 58.36% increase in profit. The company's net worth Soared by an impressive increase of 51.16%.

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
15.84%
Revenue from Operations
15.43%
Total Assets
13.12%
Profit or Loss
58.36%
Net Worth
51.16%
EBITDA
62.02%

What is the Ownership and Shareholding Structure of Polyfit Fabricators?

In 2023, Polyfit Fabricators had a promoter holding of 68.00% and a public holding of 32.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.90 Cr

Satisfied Charges

₹12.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.90 Cr

Latest Charge Details

Date Lender Amount Status
04 Jun 2021 Hdfc Bank Limited ₹4.90 Cr Open
11 Dec 2019 Others ₹5.65 Cr Satisfied
21 Mar 2011 Bank Of Baroda ₹2.75 Cr Satisfied
05 Dec 1984 State Bank Of India ₹1.75 Cr Satisfied
30 Sep 1983 State Bank Of India ₹2.40 M Satisfied

How Many Employees Work at Polyfit Fabricators?

Polyfit Fabricators has a workforce of 85 employees as of Apr 09, 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 Polyfit Fabricators, 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 Polyfit Fabricators'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 Polyfit Fabricators

Recent activity within the organization

  • Annual General Meeting

    Polyfit Fabricators Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Polyfit Fabricators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.90 Cr registered on 04 Jun 2021 with Charge ID 100453195 was modified on 17 Jun 2021.

    17 Jun 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.90 Cr with Charge ID 100453195 was registered on 04 Jun 2021.

    04 Jun 2021

  • Charges

    A charge registered on 05 Dec 1984 via Charge ID 90322360 with State Bank Of India was fully satisfied on 18 Feb 2021.

    18 Feb 2021

  • Charges

    A charge registered on 30 Sep 1983 via Charge ID 90322352 with State Bank Of India was fully satisfied on 18 Feb 2021.

    18 Feb 2021

Frequently asked questions

  • Polyfit Fabricators Private Limited was incorporated on 20 Apr 1977.

  • The authorized share capital of Polyfit Fabricators Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Polyfit Fabricators Private Limited.

    • Mohammed Shamsuddin Jamnagarwala
    • Shamsuddin Yousufali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polyfit Fabricators Private Limited is Plot No.3-B (Np) Industrialestate, Ambattur Chennai - 600 098 India, Tamil Nadu.

  • The corporate identification number (CIN) of Polyfit Fabricators Private Limited is U27209TN1977PTC007305 and the company number is 007305 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polyfit Fabricators Private Limited is https://www.polyfit.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polyfit Fabricators Private Limited has risen by 15.84%.

  • As Per 2023 financial reports, 85 employees are currently employed by Polyfit Fabricators Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polyfit Fabricators Private Limited has experienced an upsurge of 51.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polyfit Fabricators Private Limited amount to ₹ 4.90 Cr.

  • The most recent Balance Sheet for Polyfit Fabricators Private Limited was filed with the ROC on 31 Mar 2023.

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