Brief History of Polyhydron Group of Companies.

Mr. S. B. Hundre, Mr. D. S. Chitnis & Mr. V. K. Samant, the founders of the “POLYHYDRON GROUP ’’, started their first venture for manufacturing of Hydraulic Tube Fittings & accessories in the year 1974. Products like Pumps, Valves & Manifolds  were  added to manufacturing range in 1981-82  and Power Packs in 1986-87.  

The above-mentioned three categories of products are manufactured in three separate companies as listed below.

  • Polyhydron Pvt. Ltd.:

This company started manufacturing Radial Piston Pumps, Relief Valves, Directional Control Valves, Flow Control Valves, Prefill Valves, Check Valves, Slip-in Cartridge Valves, Mobile Valves, Standard Manifolds and Valve Modules from 1981-82. Polyhydron is known in the country for its unique Management & Manufacturing systems and Quality products marketed at very reasonable prices. Polyhydron developed the concept of "BUSINESS ASHRAMA" (This EXPERIMENT is based on the fact that "Integrating Spirituality into Business produces Excellent results")  Gross Turnover for the year 2006-2007  is Rs.30,00,00,000 APPROX.

  • Hyloc Hydrotechnic Pvt. Ltd.:

This company has been in existence since 1974 and is engaged in manufacturing complete range of Hydraulic Tube couplings for metric tubes, Flanged Fittings Shutoff valves and needle valves, Throttle Check Valves, Gauge isolator Valves Pipe Clamps and many other hydraulic plumbing products.

  • Polyhydron Systems Pvt. Ltd.:

PSPL was formerly known as Oilgear Towler Polyhydron Private Limited (The company had entered into a joint venture collaboration agreement with “THE OILGEAR COMPANY, OILGEAR TOWLER INTERNATIONAL USA” in December 1993). The  company was established in 1986-87. Right from it’s inception, PSPL has been Manufacturing  Oil Hydraulic Systems & Hydraulic Actuators and has later added Piston Type accumulators to it’s range of products. 

  • Management

Only Hydraulic Valve & Pump Manufacturing Company in India, which does not have any foreign collaboration.  
Just-In-Time Production System implementation has born unimaginable benefits inspite of the non-conducive environment in the country.

One of the very few companies in India to Practice “ Ethical Management ” and has developed the concept of “Business Ashrama”.  

  • Research & Development  

                    Well equipped R&D  Centre with CAD facility & necessary TEST RIGS.  
                    Sophisticated Measuring & Calibrating Instruments.  
                   
Qualified Personnel.

  •  Manufacturing

         JIT Production System.  
         Indigenously developed, well established ERP system.  

  •  Office Administration

                     Fully Computerized Information and Administrative Systems.  
                    
Multi Functional People.  
                     Almost paper less working.

  •  Marketing

                    Highly effective Stockiest  network throughout India.  
                    Quick Deliveries.  
                    Most economically priced products.  
                    Fast responses to Customer queries & complaints.  
                    Technical Advises for troubleshooting.  

  •  Compound growth rate  :

 SL.No.

Year

Total Income as per Balance Sheet

Rate of Growth

1

1981-82

594,256

 

2

1982-83

584,709

-1.61%

3

1983-84

1,029,471

76.07%

4

1984-85

2,151,957

109.04%

5

1985-86

2,514,000

16.82%

6

1986-87

3,718,000

47.89%

7

1987-88

5,950,000

60.03%

8

1988-89

8,284,000

39.23%

9

1989-90

10,472,167

26.41%

10

1990-91

14,082,313

34.47%

11

1991-92

20,768,184

47.48%

12

1992-93

28,106,839

35.34%

13

1993-94

28,460,428

1.26%

14

1994-95

40,781,163

43.29%

15

1995-96

54,143,463

32.77%

16

1996-97

57,197,344

5.64%

17

1997-98

56,999,378

-0.35%

18

1998-99

61,564,012

8.01%

19

1999-2000

75,154,407

22.08%

20

2000-2001

87,002,528

15.77%

21

2001-2002

79,123,494

-9.06%

22

2002-2003

107,561,880

35.94%

23

2003-2004

135,981,823

26.42%

24

2004-2005

171,338,093

26.00%

25 2005-2006 223,475,574 30.43%

26

2006-2007

   
27 2007-2008    
28 2008-2009    

 

 

Average Growth

30.39%

  

 COMPANY PROFILE of Polyhydron Pvt. Ltd. Belgaum 

Name of the Company

POLYHYDRON PVT. LTD.  

Chairman & Managing Director

Mr. S. B. Hundre

Corporate Manager (CEO) Mr. Siddhartha S. Hundre
Manager (Purchase) Mrs. Vrushali S. Hundre

Address

Regd Office & Works:
78-80, Machhe Industrial Estate, Machhe, Belgaum 590 014.
INDIA

Telephone

+91-(0831)-2411001

Fax

+91-(0831)-2411002  

E- Mail

polyhydron@gmail.com

Website

www.polyhydron.com

Type of Industry

Private Limited Company  

Year of Establishment

1981-1982  

Major Products Manufactured     

Industrial & Mobile Hydraulic Valves , Pumps & Accessories.  

Total Employees

160

Management : 6 (CEO, Corporate Manager, Managers)

R&D Engineers

:

8

Administration

:

22

Manufacturing

:

124

LAND AND BUILDINGS

 
 
LAND (Sq.Mtrs)
Builtup (Sq.Mtrs)
PPL-I
5398
3286
PPL-II
25593
1804
PPL-III
2640
2034
Total
33631
7125

 

Major Machinery.

1 CNC Machine (Turning Centre) 26 Nos.
2 CNC Machine (VMC) 20 Nos.
3 Centerless Grinding M/c 4 Nos.
4 Cylindrical Grinding  M/c.  5 Nos.
5 Internal Grinding M/c.  4 Nos,
6 Honing M/c. 12 Nos.
7 AC Generator 200 KVA 2 No.

 

Testing Equipment:

Self Made TestRigs for Testing Each Products.

Income Tax PAN

AABCP2737P

TAN

BLRP04946E

Company Registration No.

MY/BGM/2098 ( under Factory Act )  

VAT Tax Identification Number (TIN)

29410009147

Central Sales Tax Registration No. 

5035002 - 0  w.e.f. 20.07.89  

Polyhydron Pvt. Ltd. Unit I -- 
Central Excise Registration No.

AABCP2737P-XM-001

Polyhydron Pvt. Ltd. Unit I -- Central Excise ECC Code No.

AABCP2737P-XM-001, Range “C”, 1st Floor, Room No.104,  105, New Excise Building , 71,  Club Road, Belgaum

Polyhydron Pvt. Ltd. Unit II -- Central Excise Registration No.

AABCP2737P-XM-002 

Polyhydron Pvt. Ltd. Unit II -- Central Excise ECC Code No.

AABCP2737P-XM-002, Range “B”, 1st Floor, Room No.106,  107, New Excise Building , 71,  Club Road, Belgaum

Bankers

ICICI Bank, Belgaum Branch , Belgaum.

AXIS Bank, Belgaum Branch , Belgaum.

HDFC Bank, IDBI Bank, State Bank of India -- Belgaum.

Auditors           

M/s Bhagwat & Shevade (Chartered Accountants, Belgaum. )

Board of Directors

Mr. Suresh B Hundre  

Mr. Vishwanath K Samant  

Mr. Dilip S Chitnis  

Mrs. Pushpa S Hundre  

Mrs. Smita V Samant  

Mrs. Aparna D Chitnis