Polymechplast Machines Limited logo

Polymechplast Machines Limited

This company manufactures and supplies plastic processing machines and auxiliary solutions for various industries.
1987 | Vadodara, Gujarat (India) | Active

Last Updated:

December 04, 2024
HomeCompanyPolymechplast Machines Limited

Who are the key members and board of directors at Polymechplast Machines?

Executive Team (4)

NameDesignationAppointment DateStatus
Mahendrabhai Bhuva InManaging Director01-Oct-1998Current
Dinesh Punjabi InCFO29-Sep-2014Current
Vaishali Punjabi InCompany Secretary14-Jun-2024Current
Sitaram LokhandeCEO04-Mar-2024Current

Board Members(3)

NameDesignationAppointment DateStatus
Ashokkumar Shah In Director 29-Sep-2014Current
Himmatlal Bhuva In Whole-Time Director 01-Oct-1998Current
Asmani Surve In Director 11-Aug-2023Current

Financial Performance and Corporate Structure Insights of Polymechplast Machines.

Polymechplast Machines Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.78% decrease. The company also saw a substantial fall in profitability, with a 55.37% decrease in profit. The company's net worth moved up by a moderate rise of 4.3%.

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
-16.78%
Revenue from Operations
-17.04%
Total Assets
-4.13%
Profit or Loss
-55.37%
Net Worth
4.30%
EBITDA
-48.67%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹10.00 Cr

₹24.00 Cr

LenderAmountStatus

Indian Overseas Bank

Creation Date: 30 Nov 2010
₹5.00 CrOpen

Indian Overseas Bank

Creation Date: 02 Aug 2010
₹5.00 CrOpen

Indian Overseas Bank

Creation Date: 29 Dec 2020
₹7.38 MSatisfied

How Many Employees Work at Polymechplast Machines?

Polymechplast Machines has a workforce of 108 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.

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Latest Updates, News, and FAQs on Polymechplast Machines

Recent activity within the organization

  • Director Appointment

    Vaishali Vimalkumar Punjabi was appointed as a Company Secretary was appointed as a Company Secretary on 14 Jun 2024 & has been associated with this company since 6 months 8 days .

    14 Jun 2024

  • Director Appointment

    Sitaram Lokhande was appointed as a Ceo was appointed as a Ceo on 04 Mar 2024 & has been associated with this company since 9 months 18 days .

    04 Mar 2024

  • Annual General Meeting

    Polymechplast Machines Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Polymechplast Machines Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 5.00 Cr registered on 02 Aug 2010 with Charge ID 10251299 was modified on 26 Dec 2022.

    26 Dec 2022

  • Charges

    A charge registered on 29 Dec 2020 via Charge ID 100465850 with Indian Overseas Bank was fully satisfied on 25 Aug 2022.

    25 Aug 2022

Frequently asked questions

  • Polymechplast Machines Limited was incorporated on 24 Mar 1987.

  • The authorized share capital of Polymechplast Machines Limited is ₹ 7.50 Cr and paid-up capital is ₹ 5.60 Cr.

  • Currently 7 directors are associated with Polymechplast Machines Limited.

    • Mahendrabhai Ravjibhai Bhuva
    • Himmatlal Parshottambhai Bhuva
    • Ashokkumar Natwarlal Shah
    • Asmani Ailush Surve
    • Dinesh Kishanchan Punjabi
    • Vaishali Vimalkumar Punjabi
    • Sitaram Lokhande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polymechplast Machines Limited is Gold Coin House 776 Gidc Makarpura India, Vadodara, Gujarat, 390010.

  • The corporate identification number (CIN) of Polymechplast Machines Limited is L27310GJ1987PLC009517 and the company number is 009517 as per Ministry of Corporate Affairs (MCA).

  • Yes, Polymechplast Machines Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Polymechplast Machines Limited is https://www.polymechplast.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polymechplast Machines Limited has fallen by -16.78%.

  • As Per 2023 financial reports, 108 employees are currently employed by Polymechplast Machines Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polymechplast Machines Limited has experienced an upsurge of 4.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polymechplast Machines Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Polymechplast Machines Limited was filed with the ROC on 31 Mar 2023.

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