Polymechplast Machines Limited

This company manufactures and supplies plastic processing machines and auxiliary solutions for various industries.

1987 | Vadodara, Gujarat (India) | Active
Last Updated:

Polymechplast Machines Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.60 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 24.00 Cr
  • Revenue Growth -16.78%
  • Profit Growth -55.37%
  • Ebitda -48.67%
  • Net Worth 4.30%
  • Total Assets -4.13%

About Polymechplast Machines

Polymechplast Machines Limited (PML) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 March 1987 and has a history of 37 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526043.

The Corporate was formerly known as Polymechplast Machines 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 5.60 Cr.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹24.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Polymechplast Machines Limited India are Dinesh Punjabi as Cfo, Vaishali Punjabi as Company Secretary, and Manan Joshi as Ceo. Mahendrabhai Bhuva, Himmatlal Bhuva, Asmani Surve, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polymechplast.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27310GJ1987PLC009517

  • Company No.

    009517

  • Stock Symbol

    BSE : 526043

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1987

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Polymechplast Machines Limited offer?

Polymechplast Machines Limited offers a wide range of products and services, including Molding Machines, Injection Molding Machines, Blow Molding, Industrial Mixers & Homogenizers, Continuous Mixer, Casting, Moulding & Forging Machines, Blow Molds, Dryers & Evaporators, Air Dryers, Industrial Air Conditioner & Devices.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Mahendrabhai Bhuva Country flag representing In Managing Director01-Oct-1998Current
Dinesh Punjabi Country flag representing In CFO29-Sep-2014Current
Vaishali Punjabi Country flag representing In Company Secretary14-Jun-2024Current
Manan Joshi CEO18-Dec-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Himmatlal Bhuva Country flag representing In Whole-Time Director 01-Oct-1998Current
Asmani Surve Country flag representing In Director 11-Aug-2023Current
Chirag Shah Director 12-Aug-2024Current

Financial Performance 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%.

Polymechplast Machines revenue growth over time
Polymechplast Machines 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
-16.78%
Revenue from Operations
-17.04%
Total Assets
-4.13%
Profit or Loss
-55.37%
Net Worth
4.30%
EBITDA
-48.67%

What is the Ownership and Shareholding Structure of Polymechplast Machines?

In 2023, Polymechplast Machines had a promoter holding of 36.49% and a public holding of 63.51%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹24.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2010Indian Overseas Bank₹5.00 CrOpen
02 Aug 2010Indian Overseas Bank₹5.00 CrOpen
29 Dec 2020Indian Overseas Bank₹7.38 MSatisfied
09 May 2017Hdfc Bank Limited₹0.70 MSatisfied
20 Jan 2016Indian Overseas Bank₹1.15 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.

Employee growth trends for Polymechplast Machines Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polymechplast Machines, 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 Polymechplast Machines'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 Polymechplast Machines

Recent activity within the organization

  • Director Appointment

    Manan Joshi was appointed as a Ceo was appointed as a Ceo on 18 Dec 2024 & has been associated with this company since 2 months 17 days .

  • Annual General Meeting

    Polymechplast Machines Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Director Appointment

    Chirag Sureshbhai Shah was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 6 months 23 days .

  • 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 8 months 20 days .

  • Balance Sheet

    Polymechplast Machines Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Asmani Ailush Surve was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Polymechplast Machines Limited?

    Polymechplast Machines Limited was incorporated on 24 Mar 1987.

  • What is authorized share capital and paid-up capital of Polymechplast Machines Limited?

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

  • Who are the current board members & directors of Polymechplast Machines Limited?

    Currently 7 directors are associated with Polymechplast Machines Limited.

    • Mahendrabhai Ravjibhai Bhuva
    • Himmatlal Parshottambhai Bhuva
    • Asmani Ailush Surve
    • Chirag Sureshbhai Shah
    • Dinesh Kishanchan Punjabi
    • Vaishali Vimalkumar Punjabi
    • Manan Joshi

  • What is the registered address of Polymechplast Machines Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Polymechplast Machines Limited?

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

  • Is Polymechplast Machines Limited registered with any stock exchange in India?

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

  • What is the official website of Polymechplast Machines Limited?

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

  • What has been the recent revenue trend for Polymechplast Machines Limited?

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

  • How many employees does Polymechplast Machines Limited currently have?

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

  • What change has been observed in the net worth of Polymechplast Machines Limited, and by what percentage?

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

  • What are the total open charges for Polymechplast Machines Limited?

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

  • When was the last Balance Sheet of Polymechplast Machines Limited filed with the ROC?

    The most recent Balance Sheet for Polymechplast Machines Limited was filed with the ROC on 31 Mar 2024.

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