West Coast Polymers Pvt Ltd

Produces synthetic resins for industrial use, customized to customer needs, with facilities in Kerala and Karnataka.

1980 | Kannur, Kerala (India) | Active
Last Updated: October 23, 2024

West Coast Polymers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.78 Cr
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.80 Cr
  • Satisfied Charges ₹ 9.58 Cr
  • Revenue Growth -4.44%
  • Profit Growth 23.81%
  • Ebitda 31.01%
  • Net Worth 3.78%
  • Total Assets -2.04%

About West Coast Polymers

West Coast Polymers Pvt Ltd (WCPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1980 and has a history of 44 years and seven months. Its registered office is in Kannur, Kerala.

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 4.00 Cr and a paid-up capital of Rs 1.78 Cr.

The company currently has active open charges totaling ₹7.80 Cr. The company has closed loans amounting to ₹9.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thomas Mathew, Joy Thomas, Tom Mathew, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24134KL1980PTC003213

  • Company No.

    003213

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1980

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

Who are the key members and board of directors at West Coast Polymers?

Executive Team (1)

Name Designation Appointment Date Status
Thomas Mathew Country flag representing In Managing Director 20-Jan-1981 Current

Board Members (3)

Name Designation Appointment Date Status
Joy Thomas Country flag representing In Director 01-Jul-1980 Current
Tom Mathew Country flag representing In Whole-Time Director 11-Jun-2014 Current
Thuruthel Thomas Country flag representing In Director 28-May-1982 Current

Financial Performance of West Coast Polymers.

West Coast Polymers Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.44% decrease. The company also saw a substantial improvement in profitability, with a 23.81% increase in profit. The company's net worth moved up by a moderate rise of 3.78%.

Graph illustrating revenue growth over time
Graph showing 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
-4.44%
Revenue from Operations
-4.10%
Total Assets
-2.04%
Profit or Loss
23.81%
Net Worth
3.78%
EBITDA
31.01%

What is the Ownership and Shareholding Structure of West Coast Polymers?

In 2023, West Coast Polymers had a promoter holding of 34.73% and a public holding of 65.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.80 Cr

Satisfied Charges

₹9.58 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 7.55 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
26 Aug 2022 Hdfc Bank Limited ₹2.50 M Open
08 Nov 2016 Canara Bank ₹7.55 Cr Open
28 Feb 2014 Syndicate Bank ₹3.00 Cr Satisfied
06 Jan 2012 Syndicate Bank ₹2.20 Cr Satisfied
16 Mar 2010 Syndicate Bank ₹1.60 Cr Satisfied

How Many Employees Work at West Coast Polymers?

West Coast Polymers has a workforce of 20 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of West Coast Polymers, 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 West Coast Polymers'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 West Coast Polymers

Recent activity within the organization

  • Annual General Meeting

    West Coast Polymers Pvt Ltd last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

    29 Jul 2024

  • Balance Sheet

    West Coast Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 7.55 Cr registered on 08 Nov 2016 with Charge ID 100063752 was modified on 27 Nov 2023.

    27 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100607468 was registered on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge registered on 28 Feb 2014 via Charge ID 10497009 with Syndicate Bank was fully satisfied on 02 Dec 2016.

    02 Dec 2016

  • Charges

    A charge with Canara Bank amounted to Rs. 7.55 Cr with Charge ID 100063752 was registered on 08 Nov 2016.

    08 Nov 2016

Frequently asked questions

  • West Coast Polymers Pvt Ltd was incorporated on 01 Jul 1980.

  • The authorized share capital of West Coast Polymers Pvt Ltd is ₹ 4.00 Cr and paid-up capital is ₹ 1.78 Cr.

  • Currently 4 directors are associated with West Coast Polymers Pvt Ltd.

    • Thomas Mathew
    • Joy Thomas
    • Tom Mathew
    • Thuruthel Joseph Thomas
  • As per Ministry of Corporate Affairs (Mca), the registered address of West Coast Polymers Pvt Ltd is Kankolevia Payyannur India, Kannur, Kerala, 670337.

  • The corporate identification number (CIN) of West Coast Polymers Pvt Ltd is U24134KL1980PTC003213 and the company number is 003213 as per Ministry of Corporate Affairs (MCA).

  • The Official website of West Coast Polymers Pvt Ltd is https://www.westcoastpolymers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for West Coast Polymers Pvt Ltd has fallen by -4.44%.

  • As Per 2023 financial reports, 20 employees are currently employed by West Coast Polymers Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of West Coast Polymers Pvt Ltd has experienced an upsurge of 3.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for West Coast Polymers Pvt Ltd amount to ₹ 7.80 Cr.

  • The most recent Balance Sheet for West Coast Polymers Pvt Ltd was filed with the ROC on 31 Mar 2024.

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