The company offers several types of roto moulding compounds, including colour powders, stone effect compounds, PE foam compounds, Super Tuff HDPE compounds, flexible compounds, ESF granules, antistatic and flame-retardant compounds. It also manufactures custom-moulded tanks and provides rotolining and toll pulverising services.
The company’s products are used across building and construction, automobile, marine, furniture, toys, agriculture, chemical, sewage treatment and waste processing industries. This provides exposure to multiple end-use segments rather than dependence on a single industry.
During FY26, the company sold its products to around 24 global customers and 265 domestic customers. Export revenue accounted for 23.32% of revenue from operations in FY26, with products sold across countries including Guinea, Mauritius, Cameroon, Guinea-Bissau, and Poland.
The company claims to operate three rotational moulding machines at its Nashik manufacturing facility, supported by equipment including extruders, pulverisers, colour mixers, melt flow index testers, rotational moulding machines, and pressure testing equipment. It also claims to have in-house quality control systems for batch-level checks.
The company is ISO 9001:2015 certified for its quality management system. It also holds a ZED Bronze certificate and claims to operate a zero liquid discharge facility, with a 177 kWp rooftop solar installation and an RO system at its manufacturing plant.
The company has reported consistent financial growth over the last three financial years. Revenue from operations increased from Rs 46.97 crore in FY24 to Rs 50.30 crore in FY25 and Rs 56.46 crore in FY26, while profit after tax increased from Rs 1.69 crore to Rs 2.84 crore and Rs 4.09 crore during the same period. Its customer base also expanded from 39 customers in FY24 to 58 customers in FY26.
The company’s top 10 customers contributed 52.99%, 49.30%, and 50.83% of its revenue from operations in FY26, FY25, and FY24, respectively, while its largest customer contributed 15.73%, 14.34%, and 13.43% during the same periods. The company does not typically enter into long-term agreements with its customers, and any failure to retain these customers or any delay, reduction, or cancellation of orders could adversely affect its business and financial condition.
The company’s top 10 suppliers contributed Rs 41.54 crore (89.07%), Rs 36.57 crore (89.12%), and Rs 33.69 crore (87.00%) during the same periods. The company does not have long-term agreements with its suppliers, and any increase in raw material costs or shortfall in their availability or quality could adversely affect its business, financial condition, and results of operations.
The company derived Rs 13.17 crore (23.32%), Rs 14.19 crore (28.21%), and Rs 14.57 crore (31.02%) of its revenue from operations from exports in FY26, FY25, and FY24, respectively, with exports made to countries including Iraq, Guinea, Mauritius, Cameroon, and Poland. The company does not undertake foreign currency hedging, and any geopolitical instability, trade restrictions, currency fluctuations, or regulatory changes in its export markets could adversely affect its business and financial condition.
The company’s inventories stood at Rs 9.53 crore, Rs 6.20 crore, and Rs 4.46 crore as of March 31, 2026, 2025, and 2024, respectively, while trade receivables stood at Rs 5.83 crore, Rs 4.55 crore, and Rs 4.69 crore during the same periods. Failure to manage inventory or assess the creditworthiness of customers could lead to excess inventory, delayed recoveries, or bad debts, which may adversely affect the company’s cash flow, liquidity, profitability, and financial condition.
The company operates its manufacturing unit in Nashik, Maharashtra, where it manufactures and supplies products to customers across India and overseas. Maharashtra accounted for 54.60%, 50.29%, and 44.62% of its revenue from operations in FY26, FY25, and FY24, respectively. Any disruption at its manufacturing facility or adverse social, political, economic or weather-related developments, natural calamities, or changes in government policies in Maharashtra could adversely affect its business and financial condition.
The company, its promoters, and directors are involved in certain ongoing legal proceedings relating to civil and taxation matters. Any adverse decision in these proceedings could result in liabilities, penalties, or prosecutions and may adversely affect the company’s business and results of operations.
As of March 31, 2026, the company had total outstanding financial indebtedness of Rs 5.91 crore. Any failure to service or repay these borrowings or comply with the terms and conditions attached to the credit facilities could adversely affect the company’s business and financial condition.