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Key Metrics
AUTHORISED CAPITAL
12.00 cr
PAID-UP CAPITAL
8.09 cr
COMPANY AGE
52 Years 9 Months
since 1973-09-15
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
OPEN CHARGES
3
-29.67 cr
SATISFIED CHARGES
35
73.27 cr
ACTIVE GST
4
Updated: 2025-05-17 01:22:55
Company Health Scores
Health scores for Polyset Plastics covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.
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Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings.
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About Polyset Plastics
Polyset Plastics is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U25209MH1973PTC016846). Business overview includes Manufacturing (Plastic-Based Products), incorporated on September 15, 1973 (53+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹124.68 Cr with a profit of ₹2.45 Cr. It has 3 active directors. The company employs approximately 595 people. Its latest credit rating is BBB+ by Crisil.
Plastic-Based Products
- Location Unit Nos. 901 - 906, 9Th Floor, Cello Triumph, I. B. Patel Road, Goregaon (East),, Mumbai, Maharashtra - 400063
- Website polyset.net
Name History
CIN / LLPINU25209MH1973PTC016846
Company No.016846
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1973-09-15
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingBBB+ (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Polyset Plastics
Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors of Polyset Plastics (3)
Charges of Polyset Plastics
Firstrand Bank Limited : 11.00 cr
Others : 10.50 cr
Yes Bank Limited : 6.00 cr
Open Charges: 3
Satisfied Charges: 35
| Lender | Amount | Status |
|---|---|---|
|
Others
Creation Date: 30 Jan 2025
|
50.00 Lakh | Open |
|
Others
Creation Date: 30 Nov 2018
|
10.00 cr | Open |
|
Yes Bank Limited
Creation Date: 17 Jan 2018
|
3.00 cr | Closed |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Manufacturing | - | 100.00 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases of Polyset Plastics
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Polyset Plastics
What is CIN of Polyset Plastics?
The Corporate Identification Number (CIN) for Polyset Plastics is U25209MH1973PTC016846. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 016846 as per MCA.
When was Polyset Plastics incorporated?
Polyset Plastics was incorporated 52 years 9 months ago on 15 Sep 1973.
What is paid-up capital and authorised share capital of Polyset Plastics?
The paid-up capital of Polyset Plastics is ₹ 80,917,180.00 and authorised share capital is ₹ 120,000,000.00.
Who are the current board members and directors of Polyset Plastics?
Currently 3 directors are associated with Polyset Plastics: Bhupesh Premraj Bafna, Anjuu Shailesh Baafna, Priti Bhupesh Bafna.
- Bhupesh Premraj Bafna
- Anjuu Shailesh Baafna
- Priti Bhupesh Bafna
What is the registered address of Polyset Plastics?
As per Ministry of Corporate Affairs (MCA), the registered address of Polyset Plastics is Unit Nos. 901 - 906, 9Th Floor, Cello Triumph, I. B. Patel Road, Goregaon (East),, Mumbai, Maharashtra, 400063, India.
What is the official website of Polyset Plastics?
The official website of Polyset Plastics is https://polyset.net.
What is the ROC code of Polyset Plastics?
Polyset Plastics ROC code is Roc Mumbai.
What is the company classification of Polyset Plastics?
Polyset Plastics is classified as Private Limited Indian Non-Government Company.
Polyset Plastics - is it listed or unlisted?
Polyset Plastics is a Unlisted company.
What is the current status of Polyset Plastics?
Polyset Plastics is currently Active and registered in Mumbai, Maharashtra, India.
What industry or business activity is Polyset Plastics associated with?
Polyset Plastics lists activity aligned with: Manufacturing - Plastic-Based Products. See the Overview and Competition sections for fuller industry context.
How many employees does Polyset Plastics have?
Available records indicate roughly 595 employees for Polyset Plastics. Confirm against filings and EPFO-related signals on the profile where shown.
Does Polyset Plastics have GST registrations on file?
Polyset Plastics shows 4 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Polyset Plastics?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Polyset Plastics.
How do I contact Polyset Plastics?
Use the official website at https://polyset.net and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Polyset Plastics?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Polyset Plastics?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Polyset Plastics (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 105.00 Cr. Verify figures on the Financial tab and supporting filings.
Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.
