Polylink Polymers (India) Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 11.06 Cr
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.17 Cr
- Satisfied Charges ₹ 40.61 Cr
- Revenue Growth 21.52%
- Profit Growth -24.85%
- Ebitda 7.43%
- Net Worth 3.72%
- Total Assets 5.74%
About Polylink Polymers (India)
Polylink Polymers (India) Limited (PPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 January 1993 and has a history of 32 years and two months. Its registered office is in Ahmedabad, Gujarat.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531454.
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 25.00 Cr and a paid-up capital of Rs 11.06 Cr.
The company currently has active open charges totaling ₹8.17 Cr. The company has closed loans amounting to ₹40.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Polylink Polymers (India) Limited India are Manojkumar Gohil as CFO and Dilipkumar Nikhare as Company Secretary. Raviprakash Goyal, Uma Bhartia, Pragya Barwale, and Three other members serve as directors at the Company.
Company Details
- Location Ahmedabad, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17299GJ1993PLC032905
- Company No.
032905
- Stock Symbol
BSE : 531454
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Jan 1993
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Polylink Polymers (India) Limited offer?
Polylink Polymers (India) Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Masterbatches, Additive Masterbatches, TPR Granules, Plastic Raw Materials, Industrial Chemicals & Supplies, Plastic Chemicals.
Who are the key members and board of directors at Polylink Polymers (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manojkumar Gohil  | CFO | 27-May-2014 | Current |
| Dilipkumar Nikhare | Company Secretary | 15-Feb-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raviprakash Goyal | Whole-Time Director | 01-Feb-2007 | Current |
| Uma Bhartia | Director | 08-Jan-1993 | Current |
| Pragya Barwale | Director | 30-Mar-2015 | Current |
| Jyoti Shastri | Director | 10-Mar-2021 | Current |
| Keerthinarayanan Hemmige | Director | 10-Aug-2022 | Current |
| Ashwini Nagia | Additional Director | 05-Aug-2024 | Current |
Financial Performance of Polylink Polymers (India).
Polylink Polymers (India) Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.52% increase. The company also saw a substantial fall in profitability, with a 24.85% decrease in profit. The company's net worth moved up by a moderate rise of 3.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polylink Polymers (India)?
In 2023, Polylink Polymers (India) had a promoter holding of 74.99% and a public holding of 25.01%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Phd Chamber Of Commerce And IndustryUma Bhartia is a mutual person
Focal Corporate Services Private LimitedKeerthinarayanan Hemmige is a mutual person
Clariant Igl Specialty Chemicals Private LimitedUma Bhartia is a mutual person
India Glycols LimitedUma Bhartia and Pragya Barwale are mutual person
- Igl Finance Limited
Uma Bhartia is a mutual person
Hindustan Wires LtdUma Bhartia is a mutual person
Charges (Loans)
Open Charges
₹8.17 Cr
Satisfied Charges
₹40.61 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 7.55 Cr
- Hdfc Bank Limited : 0.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2023 | Hdfc Bank Limited | ₹4.20 M | Open |
| 27 Jan 2023 | Hdfc Bank Limited | ₹2.00 M | Open |
| 14 Nov 2014 | Axis Bank Limited | ₹7.55 Cr | Open |
| 11 Jul 2000 | The Idbi Bank Ltd | ₹2.35 Cr | Satisfied |
| 10 Oct 1996 | Stressed Assets Stabilisation Fund | ₹2.89 Cr | Satisfied |
How Many Employees Work at Polylink Polymers (India)?
Polylink Polymers (India) has a workforce of 120 employees as of Apr 05, 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 Polylink Polymers (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 Polylink Polymers (India)'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.
Latest Updates, News, and FAQs on Polylink Polymers (India)
Recent activity within the organization
- Annual General Meeting
Polylink Polymers (India) Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Ashwini Nagia was appointed as a Additional Director was appointed as a Additional Director on 05 Aug 2024 & has been associated with this company since 7 months 23 days .
- Balance Sheet
Polylink Polymers (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Dilipkumar Gajanand Nikhare was appointed as a Company Secretary was appointed as a Company Secretary on 15 Feb 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Axis Bank Limited of Rs. 7.55 Cr registered on 14 Nov 2014 with Charge ID 10532864 was modified on 19 Jan 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.42 Cr with Charge ID 100814843 was registered on 08 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Polylink Polymers (India) Limited?
Polylink Polymers (India) Limited was incorporated on 08 Jan 1993.
What is authorized share capital and paid-up capital of Polylink Polymers (India) Limited?
The authorized share capital of Polylink Polymers (India) Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.06 Cr.
Who are the current board members & directors of Polylink Polymers (India) Limited?
Currently 8 directors are associated with Polylink Polymers (India) Limited.
- Raviprakash Harishankar Goyal
- Uma Shankar Bhartia
- Pragya Bhartia Barwale
- Jyoti Shastri
- Keerthinarayanan Ananthakrishna Hemmige
- Ashwini Nagia
- Manojkumar Amratlal Gohil
- Dilipkumar Gajanand Nikhare
What is the registered address of Polylink Polymers (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Polylink Polymers (India) Limited is Block No 229-230 Villagevalthera Taluka; Dholk Dist; India, Ahmedabad, Gujarat, 387810.
What is the corporate identification number (CIN) and company number of Polylink Polymers (India) Limited?
The corporate identification number (CIN) of Polylink Polymers (India) Limited is L17299GJ1993PLC032905 and the company number is 032905 as per Ministry of Corporate Affairs (MCA).
Is Polylink Polymers (India) Limited registered with any stock exchange in India?
Yes, Polylink Polymers (India) Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Polylink Polymers (India) Limited?
The Official website of Polylink Polymers (India) Limited is https://www.polylinkpolymers.com
What has been the recent revenue trend for Polylink Polymers (India) Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Polylink Polymers (India) Limited has risen by 21.52%.
How many employees does Polylink Polymers (India) Limited currently have?
As Per 2022 financial reports, 120 employees are currently employed by Polylink Polymers (India) Limited.
What change has been observed in the net worth of Polylink Polymers (India) Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Polylink Polymers (India) Limited has experienced an upsurge of 3.72%.
What are the total open charges for Polylink Polymers (India) Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Polylink Polymers (India) Limited amount to ₹ 8.17 Cr.
When was the last Balance Sheet of Polylink Polymers (India) Limited filed with the ROC?
The most recent Balance Sheet for Polylink Polymers (India) Limited was filed with the ROC on 31 Mar 2024.
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