Polymer Industries India Limited

Manufacturer of UHMW-PE products for various industries, with global exports and large facility in Hyderabad.

1990 | Hyderabad, Telangana (India) | Active
Last Updated:

Polymer Industries India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.02 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.35 Cr
  • Satisfied Charges ₹ 28.42 Cr
  • Revenue Growth 156857.28%
  • Profit Growth 135161.29%
  • Ebitda 130619.16%
  • Net Worth 108260.72%
  • Total Assets 98242.45%

About Polymer Industries India

Polymer Industries India Limited (PIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 November 1990 and has a history of 34 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Solidur Plastics India Limited. 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 6.00 Cr and a paid-up capital of Rs 4.02 Cr.

The company currently has active open charges totaling ₹8.35 Cr. The company has closed loans amounting to ₹28.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Donthi Reddy, Donthireddy Reddy, and Lokesh Donthireddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209TG1990PLC011927

  • Company No.

    011927

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Polymer Industries India Limited offer?

Polymer Industries India Limited offers a wide range of products and services, including Chopping Boards, Adhesive & Pressure Sensitive Tapes, Safety Tapes, Kids Play Equipment, Multi Play Station, Trucks, Heavy Duty Truck, Polyethylene Sheet, UHMWPE Sheets, PET Granules & Plastic Raw Material.

Company report

Polymer Industries India Limited

Explore comprehensive data for Polymer Industries India Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Polymer Industries India?

Board Members (3)

NameDesignationAppointment DateStatus
Donthi Reddy Country flag representing In Director 07-Jul-2016Current
Donthireddy Reddy Country flag representing In Director 07-Jul-2016Current
Lokesh Donthireddy Country flag representing In Director 21-Nov-2017Current

Financial Performance of Polymer Industries India.

Polymer Industries India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 156857.28% increase. The company also saw a substantial improvement in profitability, with a 135161.29% increase in profit. The company's net worth Soared by an impressive increase of 108260.72%.

Polymer Industries India revenue growth over time
Polymer Industries India 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
156857.28%
Revenue from Operations
157209.42%
Total Assets
98242.45%
Profit or Loss
135161.29%
Net Worth
108260.72%
EBITDA
130619.16%

What is the Ownership and Shareholding Structure of Polymer Industries India?

In 2023, Polymer Industries India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.35 Cr

Satisfied Charges

₹28.42 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.25 Cr
  • Others : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Others₹1.10 CrOpen
22 Sep 2016Hdfc Bank Limited₹7.25 CrOpen
04 Dec 2020Hdfc Bank Limited₹3.00 MSatisfied
23 Sep 2016Hdfc Bank Limited₹2.60 CrSatisfied
12 Aug 2016Citi Bank N.A.₹2.80 MSatisfied

How Many Employees Work at Polymer Industries India?

Unlock and access historical data on people associated with Polymer Industries India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Polymer Industries India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polymer Industries 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 Polymer Industries India'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 Polymer Industries India

Recent activity within the organization

  • Annual General Meeting

    Polymer Industries India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.25 Cr registered on 22 Sep 2016 with Charge ID 100059778 was modified on 19 Sep 2024.

  • Charges

    A charge registered on 04 Dec 2020 via Charge ID 100418101 with Hdfc Bank Limited was fully satisfied on 23 Apr 2024.

  • Balance Sheet

    Polymer Industries India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 1.10 Cr with Charge ID 100878641 was registered on 29 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100418101 was registered on 04 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Polymer Industries India Limited?

    Polymer Industries India Limited was incorporated on 08 Nov 1990.

  • What is authorized share capital and paid-up capital of Polymer Industries India Limited?

    The authorized share capital of Polymer Industries India Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.02 Cr.

  • Who are the current board members & directors of Polymer Industries India Limited?

    Currently 3 directors are associated with Polymer Industries India Limited.

    • Donthi Reddy Srinivasa Reddy
    • Donthireddy Padmaja Reddy
    • Lokesh Reddy Donthireddy

  • What is the registered address of Polymer Industries India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polymer Industries India Limited is Plot No: 160 161 C/D Ida Phase-2, Cherla Pally India, Hyderabad, Telangana, 500051.

  • What is the corporate identification number (CIN) and company number of Polymer Industries India Limited?

    The corporate identification number (CIN) of Polymer Industries India Limited is U25209TG1990PLC011927 and the company number is 011927 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Polymer Industries India Limited?

    The Official website of Polymer Industries India Limited is https://www.polymerindustriesindia.com

  • What has been the recent revenue trend for Polymer Industries India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polymer Industries India Limited has risen by 156857.28%.

  • What change has been observed in the net worth of Polymer Industries India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Polymer Industries India Limited has experienced an upsurge of 108260.72%.

  • What are the total open charges for Polymer Industries India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polymer Industries India Limited amount to ₹ 8.35 Cr.

  • When was the last Balance Sheet of Polymer Industries India Limited filed with the ROC?

    The most recent Balance Sheet for Polymer Industries India Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Plastic & Resins