Polyplex Corporation Limited

Manufacturer and supplier of plastic films with global distribution to various countries.

1984 | Uttranchal, Uttarakhand (India) | Active
Last Updated:

Polyplex Corporation Profile

Key Indicators

  • Authorised Capital ₹ 34.00 Cr
  • Paid Up Capital ₹ 31.97 Cr
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 411.60 Cr
  • Satisfied Charges ₹ 1,401.54 Cr
  • Revenue Growth -10.21%
  • Profit Growth -40.05%
  • Ebitda -58.32%
  • Net Worth -5.14%
  • Total Assets -13.09%

About Polyplex Corporation

Polyplex Corporation Limited (PCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 October 1984 and has a history of 40 years and five months. Its registered office is in Uttranchal, Uttarakhand.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524051 and on the National Stock Exchange(NSE) under POLYPLEX.

The Company is engaged in the Packaging 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 34.00 Cr and a paid-up capital of Rs 31.97 Cr.

The company currently has active open charges totaling ₹411.60 Cr. The company has closed loans amounting to ₹1,401.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Polyplex Corporation Limited India are Manish Gupta as CFO and Ashok Gurnani as Company Secretary. Sanjiv Saraf, Pranay Kothari, Yogesh Kapur, and Six other members serve as directors at the Company.

Company Details

  • Location Uttranchal, Uttarakhand
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25209UR1984PLC011596

  • Company No.

    011596

  • Stock Symbol

    BSE : 524051 NSE : POLYPLEX

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1984

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Uttarakhand

Industry

Packaging

What products or services does Polyplex Corporation Limited offer?

Polyplex Corporation Limited offers a wide range of products and services, including Packaging Films & Foils, Laminated Rolls, Paper & Paper Made Products, Printing Paper, Printing Inks & Other Supplies, Printing Film, Photo Paper, Printed Paper, Plastic Film, PET Film.

Company report

Polyplex Corporation Limited

Explore comprehensive data for Polyplex Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Polyplex Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Manish Gupta CFO13-Aug-2014Current
Ashok Gurnani Country flag representing In Company Secretary01-Aug-2003Current

Board Members (9)

NameDesignationAppointment DateStatus
Yogesh Kapur Country flag representing In Director 24-Apr-2024Current
Sandip Das Country flag representing In Director 25-Jul-2024Current
Ranjit Singh Country flag representing In Director 13-Jul-2007Current
Sanjiv Saraf Country flag representing In Director 18-Oct-1984Current
Pranay Kothari Country flag representing In Whole-Time Director 15-Mar-1996Current
Hemant Sahai Country flag representing In Director 19-Sep-2024Current

Financial Performance of Polyplex Corporation.

Polyplex Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.21% decrease. The company also saw a substantial fall in profitability, with a 40.05% decrease in profit. The company's net worth dipped by a decrease of 5.14%.

Polyplex Corporation revenue growth over time
Polyplex Corporation 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
-10.21%
Revenue from Operations
-7.67%
Total Assets
-13.09%
Profit or Loss
-40.05%
Net Worth
-5.14%
EBITDA
-58.32%

What is the Ownership and Shareholding Structure of Polyplex Corporation?

In 2023, Polyplex Corporation had a promoter holding of 50.98% and a public holding of 49.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹411.60 Cr

Satisfied Charges

₹1,401.54 Cr

Charges Breakdown by Lending Institutions

  • Others : 210.00 Cr
  • Unicredit Bank Ag (Formerly Known As Bayerische Hypo-Und Vereinsbank Aktiengesellschaft) : 141.58 Cr
  • Unicredit Bank Ag : 30.01 Cr
  • Standard Chartered Bank : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2018Others₹48.00 CrOpen
22 Oct 2018Standard Chartered Bank₹30.00 CrOpen
29 May 2018Others₹45.00 CrOpen
13 Dec 2017Others₹32.00 CrOpen
05 Nov 2015Others₹85.00 CrOpen

How Many Employees Work at Polyplex Corporation?

Polyplex Corporation has a workforce of 355 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 growth trends for Polyplex Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polyplex Corporation, 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 Polyplex Corporation'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 Polyplex Corporation

Recent activity within the organization

  • Annual General Meeting

    Polyplex Corporation Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Director Appointment

    Hemant Sahai was appointed as a Director was appointed as a Director on 19 Sep 2024 & has been associated with this company since 6 months 25 days .

  • Director Appointment

    Sandip Das was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 8 months 19 days .

  • Director Appointment

    Yogesh Kapur was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 11 months 20 days .

  • Balance Sheet

    Polyplex Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttarakhand.

  • Charges

    A charge registered on 13 Feb 2019 via Charge ID 100241597 with Others was fully satisfied on 01 Mar 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Polyplex Corporation Limited?

    Polyplex Corporation Limited was incorporated on 18 Oct 1984.

  • What is authorized share capital and paid-up capital of Polyplex Corporation Limited?

    The authorized share capital of Polyplex Corporation Limited is ₹ 34.00 Cr and paid-up capital is ₹ 31.97 Cr.

  • Who are the current board members & directors of Polyplex Corporation Limited?

    Currently 11 directors are associated with Polyplex Corporation Limited.

    • Sanjiv Saraf
    • Pranay Kothari
    • Yogesh Kapur
    • Hemant Sahai
    • Sandip Das
    • Sanjiv Chadha
    • Ranjit Singh
    • Pooja Haldea
    • Manish Gupta
    • Ashok Kumar Gurnani
    • Iyad Malas

  • What is the registered address of Polyplex Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polyplex Corporation Limited is Lohia Head Road Khatima Distt. Udham Singh Nagarl India, Uttranchal, Uttarakhand.

  • What is the corporate identification number (CIN) and company number of Polyplex Corporation Limited?

    The corporate identification number (CIN) of Polyplex Corporation Limited is L25209UR1984PLC011596 and the company number is 011596 as per Ministry of Corporate Affairs (MCA).

  • Is Polyplex Corporation Limited registered with any stock exchange in India?

    Yes, Polyplex Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): POLYPLEX.

  • What is the official website of Polyplex Corporation Limited?

    The Official website of Polyplex Corporation Limited is https://www.polyplex.com

  • What has been the recent revenue trend for Polyplex Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polyplex Corporation Limited has fallen by -10.21%.

  • How many employees does Polyplex Corporation Limited currently have?

    As Per 2023 financial reports, 355 employees are currently employed by Polyplex Corporation Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Polyplex Corporation Limited has experienced an downturn of -5.14%.

  • What are the total open charges for Polyplex Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polyplex Corporation Limited amount to ₹ 411.60 Cr.

  • When was the last Balance Sheet of Polyplex Corporation Limited filed with the ROC?

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

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