Key Metrics
AUTHORISED CAPITAL
75.00 Lakh
PAID-UP CAPITAL
59.20 Lakh
COMPANY AGE
42 Years 6 Months
since 1983-11-07
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
2
-59.09 cr
SATISFIED CHARGES
22
61.84 cr
ACTIVE GST
2
Updated: 2023-02-27 17:25:47
About Polyflex(India) Private Limited
Polyflex(India) Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U24134KA1983PTC005669). Business overview includes Consumer Goods (Home Furnishings Manufacturing), incorporated on November 07, 1983 (43+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹17.02 Cr with a profit of ₹4.49 Cr. It has 5 active directors.
Home Furnishings Manufacturing
- Location Royal Park No. 5 & 6, First Floor, Park Road, Tasker Town, Ward No. 78, Bangalore, Karnataka - 560051
- Website magniflexindia.com
CIN / LLPINU24134KA1983PTC005669
Company No.005669
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1983-11-07
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Polyflex(India) Private Limited
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 (5)
Charges Overview
Corporation Bank : 7.50 cr
Citibank N.A : 4.00 cr
Others : 3.00 cr
The Hongkong And Shanghai Banking Corporation Limited : 2.75 cr
Karnataka State Financial Corportion : 16.00 Lakh
Open Charges: 2
Satisfied Charges: 22
| Lender | Amount | Status |
|---|---|---|
|
Others
Creation Date: 13 Nov 2024
|
3.00 cr | Open |
|
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 20 Sep 2023
|
2.75 cr | Open |
|
Corporation Bank
Creation Date: 12 Dec 2012
|
7.50 cr | Closed |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Trade | - | 100.00 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Polyflex(India) Private Limited
What is CIN of Polyflex(India) Private Limited?
The Corporate Identification Number (CIN) for Polyflex(India) Private Limited is U24134KA1983PTC005669. 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 005669 as per MCA.
When was Polyflex(India) Private Limited incorporated?
Polyflex(India) Private Limited was incorporated 42 years 6 months ago on 07 Nov 1983.
What is paid-up capital and authorised share capital of Polyflex(India) Private Limited?
The paid-up capital of Polyflex(India) Private Limited is ₹ 5,919,860.00 and authorised share capital is ₹ 7,500,000.00.
Who are the current board members and directors of Polyflex(India) Private Limited?
Currently 5 directors are associated with Polyflex(India) Private Limited: Vinay Hiru Panjabi, Swarna Nichani, Sreenidhi Anand Nichani, Anand Balram Nichani, Premnidhi Nichani.
- Vinay Hiru Panjabi
- Swarna Nichani
- Sreenidhi Anand Nichani
- Anand Balram Nichani
- Premnidhi Nichani
What is the registered address of Polyflex(India) Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Polyflex(India) Private Limited is Royal Park No. 5 & 6, First Floor, Park Road, Tasker Town, Ward No. 78, Bangalore, Karnataka, 560051, India.
What is the official website of Polyflex(India) Private Limited?
The official website of Polyflex(India) Private Limited is https://magniflexindia.com.
What is the ROC code of Polyflex(India) Private Limited?
Polyflex(India) Private Limited ROC code is Roc Bangalore.
What is the company classification of Polyflex(India) Private Limited?
Polyflex(India) Private Limited is classified as Private Limited Indian Non-Government Company.
Polyflex(India) Private Limited - is it listed or unlisted?
Polyflex(India) Private Limited is a Unlisted company.
What is the current status of Polyflex(India) Private Limited?
Polyflex(India) Private Limited is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Polyflex(India) Private Limited associated with?
Polyflex(India) Private Limited lists activity aligned with: Consumer Goods - Home Furnishings Manufacturing - Trade. See the Overview and Competition sections for fuller industry context.
Does Polyflex(India) Private Limited have GST registrations on file?
Polyflex(India) Private Limited shows 2 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 Polyflex(India) Private Limited?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Polyflex(India) Private Limited.
How do I contact Polyflex(India) Private Limited?
Use the official website at https://magniflexindia.com 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 Polyflex(India) Private Limited?
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 Polyflex(India) Private Limited?
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 Polyflex(India) Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 48.34 Cr. Verify figures on the Financial tab and supporting filings.