Polymechplast Machines Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 5.60 Cr
- Company Age 37 Year, 10 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 ten 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
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L27310GJ1987PLC009517
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Company No.
009517
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Stock Symbol
BSE : 526043
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 Mar 1987
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendrabhai Bhuva
|
Managing Director | 01-Oct-1998 | Current |
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Dinesh Punjabi
|
CFO | 29-Sep-2014 | Current |
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Vaishali Punjabi
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Company Secretary | 14-Jun-2024 | Current |
| Manan Joshi | CEO | 18-Dec-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Himmatlal Bhuva
|
Whole-Time Director | 01-Oct-1998 | Current |
|
Asmani Surve
|
Director | 11-Aug-2023 | Current |
| Chirag Shah | Director | 12-Aug-2024 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Plastomech Equipments Private LimitedHimmatlal Bhuva is a mutual person
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Tbc-Goldcoin Private LimitedMahendrabhai Bhuva and Himmatlal Bhuva are mutual person
Charges (Loans)
₹10.00 Cr
₹24.00 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2010 | Indian Overseas Bank | ₹5.00 Cr | Open |
| 02 Aug 2010 | Indian Overseas Bank | ₹5.00 Cr | Open |
| 29 Dec 2020 | Indian Overseas Bank | ₹7.38 M | Satisfied |
| 09 May 2017 | Hdfc Bank Limited | ₹0.70 M | Satisfied |
| 20 Jan 2016 | Indian Overseas Bank | ₹1.15 M | Satisfied |
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.
Deals i
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
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.
