Padma Polymers

Key Metrics of Padma Polymers

Competitors10identified

About Padma Polymers

Sectors

Cement, Building Materials & PolymersPolymers & Petrochemicals

Company details

Operational Areas of Padma Polymers

Cement, Building Materials & Polymers›Polymers & Petrochemicals

Company summary

Entity details

CIN—

LEI code—

State code—

PIN code—

Current legal namePADMA POLYMERS

Classification—

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Company age—

PAN—

CountryIndia

City—

StateMaharashtra

Current statusACTIVE

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Compliance

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Last balance sheet—

Next filing dueMGT-7 for FY 2025-26 · 29 Nov 2026

Industry classification

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Description of main activity—

Description of business activity—

SectorCement, Building Materials & Polymers · Polymers & Petrochemicals

Premium

Financials, ratios and risk analysis

Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.

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Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed

AOC-4 for FY 2025-2630 Oct 2026 Statutory due date passed

MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 25 days left

Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.

Vendor checks & payment capacity

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Credit ratings

ICRA · 13 Mar 2026 ICRA B+ Stable outlook · Short term A4 · Non-cooperating

Change in last 12 months—

Change since first rating on record—since Mar 2026

Rating actions10 up · 0 down

WatchIssuer not cooperating with ICRA (rating based on limited information)

Rating history

Rating actions

Date	Agency	Action	Long term	Short term	Outlook	Rated amount	Rationale
13 Mar 2026	ICRA	Non-cooperating	B+	A4	Stable	₹15.0 Cr	View

www.icra.in Sensitivity Label : Public Page |1 Established in 1998, PP is in the business of importing and trading plastic raw materials like plastic granules, high density polyethylene (HDPE), low density polyethylene (LDPE), paraffin wax and other chemicals. The firm has a wide variety of products available at affordable prices. It is promoted by Mumbai based – Mr. Viresh and Mr. Paresh Timbadia, who have been in the business of trading polymers for over a decade.

Borrowings & rated debt

Rated borrowing limits (latest)₹15.0 Cr

Limits raised0 times0 new facilities rated

Facility mix

Rated facilities

Facility	Type	Previous	Current	Change	Rating	Action	Agency
Long Term-Fund Based Cash Credit continues to remain under ‘ ’	Working capital & bank lines	₹8.00 Cr	₹8.00 Cr	0.0%	B+ (Stable)	Non-cooperating	ICRA
Short Term-Non-Fund-continues to Based Others remain under ‘ ’ Long Term/Short Term	Non-fund based limits	₹6.00 Cr	₹6.00 Cr	0.0%	A4	Non-cooperating	ICRA
continues to remain Unallocated Limits under ‘ ’	Other	₹1.00 Cr	₹1.00 Cr	0.0%	B+ / A4 (Stable)	Non-cooperating	ICRA

Credit assessment · Cement

CARE Ratings’ Criteria for Rating Cement Companies (Sep 2024) · Standalone accounts

Indicative long-term—

Indicative short-term—

Score—

LiquidityNot assessable

DirectionStableAgency outlook: Stable

ICRA rating · Mar 2026B+

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

Default	No default on record
Issuer cooperation	Not cooperating since 13 Mar 2026 (7 months) – investment grade cannot be retained
Credit enhancement	None – standalone rating
Next action stable or better (model)	33%
Information on file	22% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Liquidity position, Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern

Indicative assessment from public data using the published methodology factors; not a credit rating.

Borrowing & funding lifecycle

⬇ PDF report ⬇ Excel

Can it borrow more?Further bank funding difficult Next rating action stable or better: 33% (Downgrade likely) · ML model on 6893 rating histories, AUC 0.653

Rated limits₹15.00 Cr

Not yet allocated₹1.00 Cr

Extra debt within 2.5× EBITDA—

Interest coverage—

Limit utilisation—

Open bank charges0 · —

Credit outlook model: 33% chance the next rating action is stable or better
Current rating B+ (below investment grade)
₹1 cr of rated limits not yet tied to a lender
Issuer not cooperating with the rating agency

Rated limits by facility

Timeline

13 Mar 2026 ICRA non-cooperating: B+ (Stable)Rated limits ₹15 cr ICRA rationale

Lender names, bank charges and audited borrowings are part of Premium.

Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.

Competitors of Padma Polymers