Polymak Tools (India) Private Limited logo

Polymak Tools (India) Private Limited

Manufactures and sells abrasives, power tools, and accessories.
2008 | Chennai, Tamil Nadu (India) | Active

Last Updated:

July 30, 2024
HomeCompanyPolymak Tools (India) Private Limited

Who are the key members and board of directors at Polymak Tools (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohammed Jamnagarwala InManaging Director02-Jul-2008Current

Board Members(2)

NameDesignationAppointment DateStatus
Shabbir Jamnagarwala In Director 02-Jul-2008Current
Devinder Singh Director 14-Feb-2023Current

Financial Performance and Corporate Structure Insights of Polymak Tools (India).

Polymak Tools (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.51% increase. The company also saw a substantial improvement in profitability, with a 37.08% increase in profit. The company's net worth Soared by an impressive increase of 47.94%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.51%
Revenue from Operations
21.88%
Total Assets
7.25%
Profit or Loss
37.08%
Net Worth
47.94%
EBITDA
28.22%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹311.50 M

₹110.00 M

LenderAmountStatus

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 28 Sep 2022
₹2.90 CrOpen

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 22 Jun 2018
₹28.25 CrOpen

Others

Creation Date: 24 Jan 2020
₹4.00 CrSatisfied

How Many Employees Work at Polymak Tools (India)?

Polymak Tools (India) has a workforce of 48 employees as of Apr 01, 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Polymak Tools (India)

Recent activity within the organization

  • Annual General Meeting

    Polymak Tools (India) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Polymak Tools (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 24 Jan 2020 via Charge ID 100321972 with Others was fully satisfied on 15 Mar 2023.

    15 Mar 2023

  • Director Appointment

    Devinder Singh was appointed as a Director was appointed as a Director on 14 Feb 2023 & has been associated with this company since 1 year 10 months .

    14 Feb 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 282.50 M registered on 22 Jun 2018 with Charge ID 100194442 was modified on 19 Dec 2022.

    19 Dec 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 29.00 M with Charge ID 100617757 was registered on 28 Sep 2022.

    28 Sep 2022

Frequently asked questions

  • Polymak Tools (India) Private Limited was incorporated on 02 Jul 2008.

  • The authorized share capital of Polymak Tools (India) Private Limited is ₹ 1.92 M and paid-up capital is ₹ 1.92 M.

  • Currently 3 directors are associated with Polymak Tools (India) Private Limited.

    • Shabbir Yusuf Jamnagarwala
    • Mohammed Shamsuddin Jamnagarwala
    • Devinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polymak Tools (India) Private Limited is Alsa Towers 186/187 P.H. Road Kilpauk, Chennai, Tamil Nadu, India, 600004.

  • The corporate identification number (CIN) of Polymak Tools (India) Private Limited is U28939TN2008PTC068438 and the company number is 068438 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polymak Tools (India) Private Limited is https://www.polymak.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polymak Tools (India) Private Limited has risen by 22.51%.

  • As Per 2023 financial reports, 48 employees are currently employed by Polymak Tools (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polymak Tools (India) Private Limited has experienced an upsurge of 47.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polymak Tools (India) Private Limited amount to ₹ 31.15 Cr.

  • The most recent Balance Sheet for Polymak Tools (India) Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Industrial Tools & Components