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Indorama India Private Limited is a leading manufacturer in the polyester industry, specializing in the production of PET resins and fibers. The company provides a diverse range of products including polyester staple fibers, filament yarns, and PET bottle-grade resin, serving sectors such as textiles, packaging, and automotive, while focusing on sustainability and innovation in its processes.
Indorama India Private Limited, is an unlisted private company incorporated on 26 September, 2017. It is classified as a private subsidiary of a foreign company and is located in , West Bengal. It's authorized share capital is INR 1,000.00 cr and the total paid-up capital is INR 309.01 cr.
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** All rupee values in INR crores. Based on March 2024 numbers.
* GST not included
** Reports & MCA filings will be based on the latest available financials.
** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.
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| State | Type | Address |
|---|
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Director | Sachin Kumar Bhartiya | 02122147 | 4 years |
| Director | Anurag Aggarwal | 06954443 | 8 years |
| Director | Venkatesh Gopalan
Shareholder
|
09447611 | 4 years |
| Director | Kapil Gupta | 00740627 | 3 years |
| Whole-Time Director | Udaya Kumar Sanjeeva | 09126536 | 1 years |
| Director | Rajveer Singh | 07515336 | 3 years |
| Director | Arjun Aggarwal | 07717679 | 3 years |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | 3,400.9 | 4,436.7 | 5,435.4 | 11,167.5 | 9,486.0 |
| Operating profit | 267.9 | 505.3 | 618.7 | 174.3 | 560.1 |
| Net profit | 75.5 | 280.6 | 387.4 | -168.5 | 136.1 |
| Gross margin | 19.6 | 24.4 | 30.2 | 27.4 | 33.6 |
| Operating margin | 7.9 | 11.4 | 11.4 | 1.6 | 5.9 |
| Net margin | 2.2 | 6.3 | 7.0 | -1.5 | 1.4 |
| Networth | 666.3 | 990.4 | 1,542.2 | 1,373.1 | 1,509.1 |
| Borrowings | 1,068.8 | 687.8 | 2,172.2 | 2,034.9 | 2,551.5 |
| Assets | 2,136.1 | 2,480.4 | 5,279.7 | 5,057.1 | 5,780.3 |
| Debt to equity | 1.6 | 0.7 | 1.4 | 1.5 | 1.7 |
| Current ratio | 1.3 | 1.8 | 1.2 | 0.9 | 1.0 |
| ROE | 11.3 | 28.3 | 25.1 | -12.3 | 9.0 |
| Days payable | 34.0 | 19.0 | 60.0 | 38.0 | 60.0 |
| WC days | 38.0 | 43.0 | 23.0 | -3.0 | -3.0 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 300.0 | 309.0 | 309.0 | 309.0 | 309.0 |
| Reserves | 366.3 | 681.4 | 1,233.2 | 1,064.1 | 1,200.1 |
| Borrowings + | 1,068.8 | 687.8 | 2,172.2 | 2,034.9 | 2,551.5 |
| Long term borrowings | 204.4 | 470.7 | 1,463.5 | 1,399.8 | 1,196.5 |
| Short term borrowings | 864.4 | 217.1 | 708.7 | 635.1 | 1,354.9 |
| Trade payables + | 253.9 | 175.4 | 625.1 | 852.8 | 1,041.5 |
| Days payable | 34.0 | 19.0 | 60.0 | 38.0 | 60.0 |
| Other liabilities + | 401.0 | 802.2 | 1,565.3 | 1,649.2 | 1,719.7 |
| Other non-current liabilities | 59.8 | 336.2 | 366.3 | 371.0 | 377.2 |
| Other current liabilities | 87.4 | 290.6 | 573.9 | 425.4 | 301.1 |
| Total liabilities | 2,136.1 | 2,480.4 | 5,279.7 | 5,057.1 | 5,780.3 |
| Fixed Assets + | 561.6 | 1,195.0 | 2,930.8 | 3,147.3 | 3,000.5 |
| Tangible assets | 463.0 | 900.1 | 2,420.0 | 2,575.0 | 2,574.6 |
| CWIP | 54.9 | 33.1 | 389.7 | 450.0 | 302.6 |
| Intangible assets | 43.7 | 261.9 | 121.1 | 122.2 | 123.3 |
| LT loans and advances | 4.6 | 6.1 | 0.3 | 0.2 | 0.3 |
| Other non-current assets | 8.1 | 69.7 | 98.4 | 95.2 | 147.6 |
| Current assets + | 1,561.9 | 1,209.5 | 2,250.3 | 1,814.5 | 2,631.9 |
| Inventories | 292.9 | 334.2 | 999.6 | 572.0 | 1,052.4 |
| Trade receivables | 1,065.3 | 331.7 | 775.9 | 832.2 | 1,094.3 |
| Cash and cash equivalents | 16.6 | 257.1 | 95.3 | 23.3 | 89.6 |
| ST loans and advances | - | - | 0.5 | 0.5 | 0.6 |
| Other current assets | 187.1 | 286.6 | 378.9 | 386.4 | 395.1 |
| Total assets | 2,136.1 | 2,480.4 | 5,279.7 | 5,057.1 | 5,780.3 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales + | 3,400.9 | 4,436.7 | 5,435.4 | 11,167.5 | 9,486.0 |
| Sales growth % | -6.12 | 30.46 | 22.51 | 105.46 | -15.06 |
| Expenses + | 3,299.1 | 4,099.4 | 5,034.1 | 11,406.8 | 9,357.2 |
| Cost of goods | 2,732.8 | 3,352.3 | 3,792.0 | 8,111.9 | 6,302.8 |
| Employee cost | 47.5 | 78.9 | 109.6 | 191.5 | 196.8 |
| Other costs | 352.8 | 500.2 | 915.1 | 2,689.9 | 2,426.4 |
| Operating profit + | 267.9 | 505.3 | 618.7 | 174.3 | 560.1 |
| Operating margin % | 7.9 | 11.4 | 11.4 | 1.6 | 5.9 |
| Other income | 16.6 | 31.5 | 118.6 | 58.3 | 57.9 |
| Interest | 110.6 | 82.6 | 94.8 | 222.0 | 239.7 |
| Depreciation | 55.4 | 85.4 | 122.6 | 191.6 | 191.5 |
| Exceptional items | - | - | - | - | - |
| Profit before tax | 118.4 | 368.9 | 519.9 | -181.0 | 186.8 |
| Tax | 42.9 | 88.3 | 132.6 | -12.5 | 50.7 |
| Profit - disc. ops | - | - | - | - | - |
| Net profit | 75.5 | 280.6 | 387.4 | -168.5 | 136.1 |
| Net margin % | 2.2 | 6.3 | 7.0 | -1.5 | 1.4 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Solvency + | |||||
| Total Debt/Equity | 1.6 | 0.7 | 1.4 | 1.5 | 1.7 |
| Net Debt/Equity | 1.6 | 0.4 | 1.4 | 1.5 | 1.6 |
| Total Debt/Assets | 0.5 | 0.3 | 0.4 | 0.4 | 0.4 |
| Total Assets/Equity | 3.2 | 2.5 | 3.4 | 3.7 | 3.8 |
| Liquidity + | |||||
| Current Ratio | 1.3 | 1.8 | 1.2 | 0.9 | 1.0 |
| Quick Ratio | 1.1 | 1.3 | 0.7 | 0.7 | 0.6 |
| Interest Coverage | 2.4 | 6.1 | 6.5 | 0.8 | 2.3 |
| Performance | |||||
| Gross Margin | 19.6 | 24.4 | 30.2 | 27.4 | 33.6 |
| Operating Margin | 7.9 | 11.4 | 11.4 | 1.6 | 5.9 |
| Net Margin | 2.2 | 6.3 | 7.0 | -1.5 | 1.4 |
| Return + | |||||
| Return on Equity | 11.3 | 28.3 | 25.1 | -12.3 | 9.0 |
| Pre-tax ROCE | 23.1 | 24.4 | 15.2 | -0.6 | 12.6 |
| Return on Assets | 3.5 | 11.3 | 7.3 | -3.3 | 2.4 |
| Pre-tax ROIC | 12.4 | 29.6 | 13.7 | -0.5 | 9.3 |
| Efficiency + | |||||
| Days Payable | 34.0 | 19.0 | 60.0 | 38.0 | 60.0 |
| Days Inventory | 39.0 | 36.0 | 96.0 | 26.0 | 61.0 |
| Days Receivable | 114.0 | 27.0 | 52.0 | 27.0 | 42.0 |
| Fixed Asset Turnover | 6.1 | 3.7 | 1.9 | 3.5 | 3.2 |
| Total Asset Turnover | 1.6 | 1.8 | 1.0 | 2.2 | 1.6 |
| Working Capital | |||||
| Cash Conversion Cycle | 119.0 | 44.0 | 88.0 | 15.0 | 43.0 |
| Working Capital Days | 38.0 | 43.0 | 23.0 | -3.0 | -3.0 |
Axis Trustee Services Limited
No. of Loans: 2
Total Amount : 5,712.5 cr
State Bank of India
No. of Loans: 1
Total Amount : 400.0 cr
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| SYMPHONY ENVIRONMENTAL INDIA PRIVATE LIMITED | Delhi | 2021 | ₹ 2.0 Cr |
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The incorporation date of INDORAMA INDIA PRIVATE LIMITED is 26 September, 2017
The authorized share capital of INDORAMA INDIA PRIVATE LIMITED is INR ₹ 1,000.0 Cr.
The paid-up capital of INDORAMA INDIA PRIVATE LIMITED is INR ₹ 309.0 Cr.
The registered address of INDORAMA INDIA PRIVATE LIMITED is Ecocentre, EM -4, 12th Floor, Unit No. ECSL -1201, Sector V, Salt Lake, West Bengal, India, 700091 - 700091
The CIN number of INDORAMA INDIA PRIVATE LIMITED is U74999WB2017FTC222920.