About VST Polyfibres India Private Limited
Data last updated:
VST Polyfibres India Private Limited was a private limited company based in Namakkal, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 September 2009.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2009PTC015478. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.25 Lakh. It was led by directors Balasubramaniam Suresh and Karthi.
Its last annual general meeting (AGM) was held on 04 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 32E K R P A D Road Pallipalayam, Namakkal, Tamil Nadu, India – 638006.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.99 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹21.88 Lakh (net margin -84.2%) and EBITDA of -₹18.48 Lakh (EBITDA margin -71.1%). Revenue has grown at a compounded annual rate (CAGR) of 191% over three years and 24% over five years.
The last known website on record is vstgroups.com.
Company details
Contact details
VST Polyfibres India Private Limited's registered office is in Namakkal, Tamil Nadu. Its website is vstgroups.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address32E K R P A D Road Pallipalayam, Namakkal, Tamil Nadu, India – 638006
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of VST Polyfibres India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of VST Polyfibres India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of VST Polyfibres India Private Limited, buy the company report.
Financials of VST Polyfibres India Private Limited
FY 2021 filings availableVST Polyfibres India Private Limited reported revenue of ₹25.99 Lakh (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 128% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -71.1% | ||||
| Net Profit Margin | -84.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of VST Polyfibres India Private Limited, buy the company report.
Board of directors of VST Polyfibres India Private Limited
VST Polyfibres India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramaniam Suresh | Director | 03 Sep 2018 | 8 Years 1 Months | As last reported |
| Karthi Also directs: Jayashree Weaves India Private Limited | Director | 03 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
VST Polyfibres India Private Limited is audited by KARTHIKEYAN & JAYARAM for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARTHIKEYAN & JAYARAM | FY 2021 | 007570S |
Shareholding
The shareholding of VST Polyfibres India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VST Polyfibres India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving VST Polyfibres India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VST Polyfibres India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VST Polyfibres India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of VST Polyfibres India Private Limited, buy the company report.
Recent activity
VST Polyfibres India Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Sudha Thangavell ceased to be Director on 04 Sep 2018.
Frequently asked questions
VST Polyfibres India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
VST Polyfibres India was a private limited company based in Namakkal, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 14 September 2009 and is registered under CIN U17111TZ2009PTC015478. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
VST Polyfibres India was incorporated on 14 September 2009. It is registered with the Registrar of Companies, Coimbatore.
VST Polyfibres India had 2 directors:
- Balasubramaniam Suresh - Director
- Karthi - Director
The CIN (Corporate Identification Number) of VST Polyfibres India is U17111TZ2009PTC015478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of VST Polyfibres India is at 32E K R P A D Road Pallipalayam, Namakkal, Tamil Nadu, India – 638006.
VST Polyfibres India can be reached through the website vstgroups.com. Its registered office is in Namakkal, Tamil Nadu, India.
The latest financial statements of VST Polyfibres India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 04 October 2021. Year-wise statements from 2015 are in the company report.
No. VST Polyfibres India has 1 GST registration on record and it is cancelled or inactive.
VST Polyfibres India operated in the manufacturing industry, in the textile and fabric production segment.
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